Page 527 - Bedford-FY22-23 Budget

General Obligation Debt Service Requirements

Fiscal Economic Water and Stormwater and % of Total
Year Total Development Sewer Drainage Total Debt Less Outstanding
Ended Outstanding Self-Supporting Self-Supporting Self-Supporting Self-Supporting Principal
9/30 Debt* Requirements** Requirements** Requirements** Requirements Retired
2023 11,596,469 665,620 3,798,629 492,462 6,639,759
2024 11,623,794 664,311 3,820,650 497,267 6,641,567
2025 10,525,087 667,925 3,838,691 501,509 5,516,962
2026 10,515,651 661,488 3,842,743 490,376 5,521,045
2027 10,537,847 660,025 3,866,408 493,867 5,517,547
2028 10,070,995 663,484 3,389,867 496,796 5,520,849
2029 10,060,097 661,866 3,383,539 494,192 5,520,500
2030 10,105,939 665,171 3,408,652 498,207 5,533,909 49.59%
2031 9,603,546 663,399 3,262,789 494,015 5,183,343
2032 8,479,397 - 3,116,150 280,866 5,082,381
2033 8,179,202 - 2,806,881 283,531 5,088,790
2034 8,063,347 - 2,813,924 280,663 4,968,760
2035 7,844,779 - 2,818,763 282,394 4,743,622 74.18%
2036 7,840,521 - 2,821,021 283,625 4,735,875
2037 7,848,924 - 2,823,687 284,350 4,740,888
2038 7,834,461 - 2,818,973 279,813 4,735,675
2039 3,450,286 - 2,826,899 - 623,388 89.91%
2040 2,550,995 - 2,550,995 - -
2041 2,552,737 - 2,552,737 - -
2042 2,551,430 - 2,551,430 - -
2043 2,553,028 - 2,553,028 - -
2044 2,551,625 - 2,551,625 - -
2045 2,558,023 - 2,558,023 - -
2046 992,000 - 992,000 -
2047 993,950 - 993,950 - 100.00%
$ 171,484,128 $ 5,973,289 $ 72,762,051 $ 6,433,930 $ 86,314,858

* "Outstanding Debt" includes self-supporting debt.
**It is the City's current policy to provide for the payment of the general obligation debt shown from the
revenue sources indicated. This policy is subject to change in the future.