Page 258 - Southlake FY23 Budget

DEBT SERVICE FUnDS ExPEnDITURES

SUMMARY OF REVENUE BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2023 REQUIREMENTS

MATURITY
PRINCIPAL INTEREST TOTAL DATE

2012 Series Certificates of Obligation 140,000 45,674 185,674 February 2032
2012 GO Refunding 30,000 2,250 32,250 February 2026
2013 Series Certificates of Obligation 120,000 45,556 165,556 February 2033
2013 GO Refunding 155,000 7,125 162,125 February 2024
2014 Series Certificates of Obligation 205,000 90,775 295,775 February 2034
2014 GO Refunding 105,000 11,925 116,925 February 2026
2015 Series Certificates of Obligation 155,000 70,553 225,553 February 2035
2017 GO Refunding 397,168 92,767 489,935 February 2028
2017 Series Certificates of Obligation 225,000 152,301 377,301 February 2037
2018 Series Certificates of Obligation 170,000 120,000 290,000 February 2038
2019 GO Refunding 595,000 222,725 817,725 February 2030
2021 GO Refunding 142,000 22,059 164,059 February 2031

Net Revenue Bond Debt Service Requirements 2,439,168 883,710 3,322,878

TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE

2012 Series Certificates of Obligation 1,585,000 251,063 1,836,063 February 2032
2012 GO Refunding 60,000 3,000 63,000 February 2026
2013 Series Certificates of Obligation 1,565,000 276,538 1,841,538 February 2033
2013 GO Refunding 315,000 9,525 324,525 February 2024
2014 Series Certificates of Obligation 2,935,000 617,437 3,552,437 February 2034
2014 GO Refunding 450,000 27,750 477,750 February 2026
2015 Series Certificates of Obligation 2,400,000 505,219 2,905,219 February 2035
2017 GO Refunding 2,638,333 302,195 2,940,528 February 2028
2017 Series Certificates of Obligation 4,465,000 1,161,225 5,626,225 February 2037
2018 Series Certificates of Obligation 3,600,000 1,034,138 4,634,138 February 2038
2019 GO Refunding 4,870,000 905,500 5,775,500 February 2030
2021 GO Refunding 1,894,000 111,333 2,005,333 February 2031

Net Revenue Bond Debt Service Requirements 26,777,333 5,204,923 31,982,256

INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES

BUDGET BOOK | FY 2023 City of Southlake 257
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