Page 261 - Southlake FY23 Budget
P. 261
DEBT SERVICE FUnDS ExPEnDITURES
SUMMARY OF SOUTHLAKE PARKS AND DEVELOPMENT BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2023 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 295,000 97,007 392,007 February 2031
2014 Sales Tax Revenue Refunding Bonds 1,415,000 159,675 1,574,675 February 2032
2019 General Obligation Refunding Bonds 440,000 172,950 612,950 February 2027
2021 General Obligation Refunding Bonds 184,000 20,751 204,751 February 2031
Net SPDC Debt Service Requirements 2,334,000 450,383 2,784,383
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 3,365,000 534,600 3,899,600 February 2031
2014 Sales Tax Revenue Refunding Bonds 6,030,000 402,450 6,432,450 February 2032
2019 General Obligation Refunding Bonds 3,745,000 699,625 4,444,625 February 2027
2021 General Obligation Refunding Bonds 1,807,000 102,458 1,909,458 February 2031
Net SPDC Debt Service Requirements 14,947,000 1,739,133 16,686,133
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
260 FY 2023 City of Southlake | BUDGET BOOK
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