Page 325 - City of Watauga FY22 Adopted Budget

W/S Certificate of Obligation Bonds

Debt Service Schedule

Requirements to Maturity
All Issues

DEBT
YEAR ENDING OUTSTANDING
SEPT. 30 OCT.1 PRINCIPAL INTEREST TOTAL

2022 $20,005,000 $1,160,000 $562,199 $1,722,199
2023 $18,845,000 $1,200,000 $525,470 $1,725,470
2024 $17,645,000 $1,230,000 $487,538 $1,717,538
2025 $16,415,000 $1,270,000 $452,366 $1,722,366
2026 $15,145,000 $1,310,000 $415,310 $1,725,310
2027 $13,835,000 $1,255,000 $370,167 $1,625,167
2028 $12,580,000 $1,255,000 $322,411 $1,577,411
2029 $11,325,000 $1,295,000 $280,917 $1,575,917
2030 $10,030,000 $1,330,000 $244,911 $1,574,911
2031 $8,700,000 $1,370,000 $207,842 $1,577,842
2032 $7,330,000 $1,405,000 $169,711 $1,574,711
2033 $5,925,000 $915,000 $139,123 $1,054,123
2034 $5,010,000 $940,000 $115,935 $1,055,935
2035 $4,070,000 $965,000 $91,460 $1,056,460
2036 $3,105,000 $990,000 $65,998 $1,055,998
2037 $2,115,000 $1,015,000 $39,611 $1,054,611
2038 $1,100,000 $545,000 $19,653 $564,653
2039 $555,000 $555,000 $6,591 $561,591
$20,005,000 $4,517,209 $24,522,209

Year Total Principal Interest

This Year's Requirement 2022 $1,722,199 $1,160,000 $562,199

Maximum Requirement 2023 $1,725,470 $1,200,000 $525,470

$2,000,000
PRINCIPAL INTEREST
$1,500,000

$1,000,000

$500,000

$0
2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039

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