Page 602 - Bedford-FY23-24 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
2024 13,064,651 664,311 3,923,860 497,267 7,979,213
2025 12,114,243 667,925 3,943,566 501,509 7,001,243
2026 12,102,282 661,488 3,945,818 490,376 7,004,601
2027 12,135,178 660,025 3,972,583 493,867 7,008,703
2028 11,656,526 663,484 3,493,792 496,796 7,002,455
2029 11,651,253 661,866 3,489,839 494,192 7,005,356
2030 11,690,720 665,171 3,512,202 498,207 7,015,141
2031 11,194,827 663,399 3,368,464 494,015 6,668,950 49.92%
2032 10,064,928 - 3,218,825 280,866 6,565,238
2033 9,766,734 - 2,911,431 283,531 6,571,771
2034 9,655,253 - 2,920,099 280,663 6,454,491
2035 9,433,435 - 2,921,438 282,394 6,229,603
2036 9,428,302 - 2,925,071 283,625 6,219,606 75.17%
2037 9,437,955 - 2,928,862 284,350 6,224,744
2038 9,426,617 - 2,925,023 279,813 6,221,781
2039 5,034,293 - 2,929,124 - 2,105,169
2040 4,136,101 - 2,654,720 - 1,481,381
2041 4,141,643 - 2,657,762 - 1,483,881 91.97%
2042 4,136,105 - 2,657,555 - 1,478,550
2043 4,140,100 - 2,655,091 - 1,485,009
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%
$ 191,506,744 $ 5,307,669 $ 71,050,720 $ 5,941,468 $ 109,206,886

* "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.