Page 288 - CityofWataugaAdoptedBudgetFY24

General Fund Debt Service Requirements to Maturity
as of October 1, 2023
DEBT
YEAR ENDING OUTSTANDING
SEPT. 30 OCT. 1 PRINCIPAL INTEREST TOTAL
2024 $30,775,000 $3,040,000 $1,108,817 $4,148,817
2025 $27,735,000 $2,220,000 $811,906 $3,031,906
2026 $25,515,000 $2,070,000 $703,397 $2,773,397
2027 $23,445,000 $2,100,000 $646,528 $2,746,528
2028 $21,345,000 $1,780,000 $521,941 $2,301,941
2029 $19,565,000 $1,770,000 $526,296 $2,296,296
2030 $17,795,000 $1,780,000 $493,244 $2,273,244
2031 $16,015,000 $1,240,000 $388,622 $1,628,622
2032 $14,775,000 $1,735,000 $356,153 $2,091,153
2033 $13,040,000 $1,765,000 $323,124 $2,088,124
2034 $11,275,000 $1,810,000 $288,729 $2,098,729
2035 $9,465,000 $1,555,000 $405,163 $1,960,163
2036 $7,910,000 $1,580,000 $372,959 $1,952,959
2037 $6,330,000 $1,250,000 $342,913 $1,592,913
2038 $5,080,000 $1,430,000 $314,925 $1,744,925
2039 $3,650,000 $885,000 $293,400 $1,178,400
2040 $2,765,000 $900,000 $278,600 $1,178,600
2041 $1,865,000 $725,000 $189,750 $914,750
2042 $1,140,000 $510,000 $179,200 $689,200
2043 $630,000 $4,000,000 $723,775 $4,723,775

$34,145,000 $9,269,441 $43,414,441

Year Total Principal Interest

This Year's Requirement 2024 $4,148,817 $3,040,000 $ 1,108,817
Maximum Requirement 2024 $4,148,817 $3,040,000 $1,108,817

$4,500,000
$4,000,000 INTEREST
$3,500,000 PRINCIPAL
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0

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