Page 622 - Bedford-FY24-25 Budget

CITY OF BEDFORD
SCHEDULE OF DEBT REQUIREMENTS
COMBINATION TAX & REVENUE CERTIFICATES OF OBLIGATION, SERIES 2024

AMOUNT ISSUED: $16,320,000 DATED: September 6, 2023

YEAR
ENDED PRINCIPAL OUTSTANDING INTEREST TOTAL DEBT
9-30 PAYMENT DEBT PAYMENT PAYMENT

2024 $ 18,525,000

2025 770,000 17,755,000 804,285 1,574,285
2026 580,000 17,175,000 821,550 1,401,550
2027 605,000 16,570,000 791,925 1,396,925
2028 640,000 15,930,000 760,800 1,400,800
2029 670,000 15,260,000 728,050 1,398,050
2030 705,000 14,555,000 693,675 1,398,675
2031 740,000 13,815,000 657,550 1,397,550
2032 780,000 13,035,000 619,550 1,399,550
2033 820,000 12,215,000 579,550 1,399,550
2034 860,000 11,355,000 537,550 1,397,550
2035 905,000 10,450,000 493,425 1,398,425
2036 955,000 9,495,000 446,925 1,401,925
2037 1,000,000 8,495,000 398,050 1,398,050
2038 1,055,000 7,440,000 346,675 1,401,675
2039 1,105,000 6,335,000 292,675 1,397,675
2040 1,165,000 5,170,000 235,925 1,400,925
2041 1,215,000 3,955,000 182,500 1,397,500
2042 1,265,000 2,690,000 132,900 1,397,900
2043 1,320,000 1,370,000 81,200 1,401,200
2044 1,370,000 - 27,400 1,397,400
2045 - - - -
2046 - - - -
2047 - - - -
2048 - - - -

$ 18,525,000 $ 9,632,160 $ 28,157,160