Page 613 - Bedford-FY24-25 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
2025 13,852,733 667,925 4,107,772 501,509 8,575,528

2026 13,670,482 661,488 4,112,468 490,376 8,406,151

2027 13,695,253 660,025 4,135,733 493,867 8,405,628
2028 13,221,851 663,484 3,658,317 496,796 8,403,255

2029 13,214,953 661,866 3,655,489 494,192 8,403,406

2030 13,255,920 665,171 3,678,727 498,207 8,413,816

2031 12,759,527 663,399 3,535,614 494,015 8,066,500
2032 11,627,128 - 3,381,475 280,866 7,964,788 51.90%
2033 11,329,309 - 3,074,456 283,531 7,971,321
2034 11,215,953 - 3,083,249 280,663 7,852,041
2035 10,994,885 - 3,084,463 282,394 7,628,028
2036 10,992,877 - 3,087,721 283,625 7,621,531
2037 11,002,905 - 3,095,762 284,350 7,622,794 78.67%
2038 10,994,067 - 3,090,798 279,813 7,623,456
2039 6,596,368 - 3,093,524 - 3,502,844
2040 5,699,801 - 2,817,495 - 2,882,306
2041 5,705,643 - 2,824,262 - 2,881,381 91.39%
2042 5,699,605 - 2,823,155 - 2,876,450
2043 5,705,800 - 2,819,591 - 2,886,209
2044 4,112,225 - 2,714,825 - 1,397,400
2045 2,558,023 - 2,558,023 - -
2046 992,000 - 992,000 -
2047 993,950 - 993,950 - 100.00%
$ 209,891,258 $ 4,643,358 $ 70,418,866 $ 5,444,201 $ 129,384,833

* "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.