Page 254 - Southlake FY24 Budget
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SUMMARY OF SOUTHLAKE PARKS AND DEVELOPMENT BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2024 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 300,000 88,081 388,081 February 2032
2014 Sales Tax Revenue Refunding Bonds 1,460,000 116,550 1,576,550 February 2027
2019 General Obligation Refunding Bonds 460,000 150,450 610,450 February 2030
2021 General Obligation Refunding Bonds 189,000 18,495 207,495 February 2031
Net SPDC Debt Service Requirements 2,409,000 373,576 2,782,576
Debt Service
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 3,070,000 437,593 3,507,593 February 2032
2014 Sales Tax Revenue Refunding Bonds 4,615,000 242,775 4,857,775 February 2027
2019 General Obligation Refunding Bonds 3,305,000 526,675 3,831,675 February 2030
2021 General Obligation Refunding Bonds 1,623,000 81,707 1,704,707 February 2031
Net SPDC Debt Service Requirements 12,613,000 1,288,750 13,901,750
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
254 FY 2024 City of Southlake | Budget Book
