Page 256 - Southlake FY23 Budget
P. 256
DEBT SERVICE FUnDS ExPEnDITURES
SUMMARY OF GENERAL OBLIGATION BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2023 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 GO Refunding 815,000 135,675 950,675 February 2026
2013 GO Refunding 2,505,000 242,475 2,747,475 February 2026
2014 GO Refunding 55,000 6,375 61,375 February 2026
2017 GO Refunding 372,832 87,083 459,915 February 2028
2021 Tax Notes 663,000 19,542 682,542 February 2026
2022 Series Certificates of Obligation 1,385,000 443,950 1,828,950 February 2037
Net General Obligation Debt Service Requirements 5,795,832 935,100 6,730,932
TOTAL REQUIREMENTS
PRINCIPAL INTEREST TOTAL
2012 GO Refunding 3,285,000 298,425 3,583,425 February 2026
2013 GO Refunding 9,335,000 537,375 9,872,375 February 2026
2014 GO Refunding 240,000 14,850 254,850 February 2026
2017 GO Refunding 2,476,667 283,679 2,760,346 February 2028
2021 Tax Notes 2,686,000 44,819 2,730,819 February 2026
2022 Series Certificates of Obligation 8,595,000 1,701,125 10,296,125 February 2037
Net General Obligation Debt Service Requirements 26,617,667 2,880,273 29,497,940
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
BUDGET BOOK | FY 2023 City of Southlake 255
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