Page 623 - Bedford-FY24-25 Budget

CITY OF BEDFORD
SCHEDULE OF DEBT REQUIREMENTS
COMBINATION TAX & REVENUE CERTIFICATES OF OBLIGATION, SERIES 2023A

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

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

2024 $ 15,895,000

2025 520,000 15,375,000 728,388 1,248,388
2026 545,000 14,830,000 701,763 1,246,763
2027 575,000 14,255,000 673,763 1,248,763
2028 600,000 13,655,000 644,388 1,244,388
2029 635,000 13,020,000 613,513 1,248,513
2030 665,000 12,355,000 581,013 1,246,013
2031 700,000 11,655,000 546,888 1,246,888
2032 735,000 10,920,000 511,013 1,246,013
2033 775,000 10,145,000 473,263 1,248,263
2034 815,000 9,330,000 433,513 1,248,513
2035 855,000 8,475,000 391,763 1,246,763
2036 900,000 7,575,000 347,888 1,247,888
2037 945,000 6,630,000 301,763 1,246,763
2038 995,000 5,635,000 253,263 1,248,263
2039 1,040,000 4,595,000 207,588 1,247,588
2040 1,080,000 3,515,000 165,188 1,245,188
2041 1,125,000 2,390,000 121,088 1,246,088
2042 1,170,000 1,220,000 74,456 1,244,456
2043 1,220,000 - 25,163 1,245,163
2044 - - - -
2045 - - - -
2046 - - - -
2047 - - - -
2048 - - - -

$ 15,895,000 $ 7,795,656 $ 23,690,656