Page 287 - CityofWataugaAdoptedBudgetFY24

All Debt Service Requirements to Maturity
(Gen. Fund & Water)
as of October 1, 2023
DEBT
YEAR ENDING OUTSTANDING
SEPT. 30 OCT. 1 PRINCIPAL INTEREST TOTAL
2024 $48,650,000 $4,500,000 $1,446,980 $5,946,980
2025 $44,150,000 $3,465,000 $1,334,853 $4,799,853
2026 $40,685,000 $3,470,000 $1,236,519 $4,706,519
2027 $37,215,000 $3,245,000 $998,450 $4,243,450
2028 $33,960,000 $2,805,000 $825,588 $3,630,588
2029 $31,155,000 $2,900,000 $790,344 $3,690,344
2030 $28,255,000 $2,965,000 $723,216 $3,688,216
2031 $25,290,000 $2,580,000 $585,894 $3,165,894
2032 $22,710,000 $2,945,000 $522,275 $3,467,275
2033 $19,765,000 $2,540,000 $462,247 $3,002,247
2034 $17,225,000 $2,625,000 $404,664 $3,029,664
2035 $14,600,000 $2,565,000 $496,623 $3,061,623
2036 $12,035,000 $2,635,000 $438,957 $3,073,957
2037 $9,400,000 $2,345,000 $382,524 $2,727,524
2038 $7,055,000 $1,925,000 $334,578 $2,259,578
2039 $5,130,000 $1,560,000 $299,991 $1,859,991
2040 $3,570,000 $1,045,000 $278,600 $1,323,600
2041 $2,525,000 $940,000 $189,750 $1,129,750
2042 $1,585,000 $750,000 $179,200 $929,200

$47,805,000 $11,931,253 $59,736,253

Year Total Principal Interest
This Year's Requirement 2024 $5,946,980 $4,500,000 $ 1,446,980
Maximum Requirement 2024 $5,946,980 $4,500,000 $ 1,446,980

$7,000,000 INTEREST
$6,000,000 PRINCIPAL
$5,000,000
$4,000,000

$3,000,000
$2,000,000
$1,000,000

$0

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