Page 249 - Southlake FY24 Budget

SUMMARY OF GENERAL OBLIGATION BONDS
PRINCIPAL AND INTEREST REQUIREMENTS

2024 REQUIREMENTS MATURITY
PRINCIPAL INTEREST TOTAL DATE

2012 GO Refunding 860,000 93,800 953,800 February 2026
2013 GO Refunding 2,575,000 166,275 2,741,275 February 2026 Debt Service
2014 GO Refunding 60,000 4,650 64,650 February 2026
2017 GO Refunding 387,358 71,879 459,237 February 2028
2021 Tax Notes 669,000 14,014 683,014 February 2026
2022 Series Certificates of Obligations 1,105,000 216,875 1,321,875 February 2026
2023 Tax Notes 0 525,788 525,788 February 2030

Net General Obligation Debt Service Requirements 5,656,358 1,093,281 6,749,639

TOTAL REQUIREMENTS
PRINCIPAL INTEREST TOTAL

2012 GO Refunding 2,470,000 162,750 2,632,750 February 2026
2013 GO Refunding 6,830,000 294,900 7,124,900 February 2026
2014 GO Refunding 185,000 8,475 193,475 February 2026
2017 GO Refunding 2,103,835 196,597 2,300,432 February 2028
2021 Tax Notes 2,023,000 25,277 2,048,277 February 2026
2022 Series Certificates of Obligations 7,210,000 1,257,175 8,467,175 February 2026
2023 Tax Notes 13,397,000 2,383,396 15,780,396 February 2030

Net General Obligation Debt Service Requirements 34,218,835 4,328,570 38,547,405

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

FY 2024 City of Southlake | Budget Book 249