Page 625 - Bedford-FY24-25 Budget

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

AMOUNT ISSUED: $640,000 DATED: June 22, 2023

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

2024 $ 625,000

2025 20,000 605,000 28,063 48,063
2026 20,000 585,000 27,263 47,263
2027 25,000 560,000 26,363 51,363
2028 25,000 535,000 25,238 50,238
2029 25,000 510,000 23,988 48,988
2030 25,000 485,000 22,738 47,738
2031 30,000 455,000 21,363 51,363
2032 30,000 425,000 19,863 49,863
2033 30,000 395,000 18,363 48,363
2034 30,000 365,000 16,863 46,863
2035 35,000 330,000 15,238 50,238
2036 35,000 295,000 13,488 48,488
2037 35,000 260,000 11,738 46,738
2038 40,000 220,000 9,863 49,863
2039 40,000 180,000 8,063 48,063
2040 40,000 140,000 6,463 46,463
2041 45,000 95,000 4,763 49,763
2042 45,000 50,000 2,963 47,963
2043 50,000 - 1,031 51,031
2044 - - - -
2045 - - - -
2046 - - - -
2047 - - - -
2048 - - - -

$ 625,000 $ 303,706 $ 928,706