Page 630 - Bedford-FY24-25 Budget

CITY OF BEDFORD
SCHEDULE OF DEBT REQUIREMENTS
GENERAL OBLIGATION REFUNDING & IMPROVEMENT BONDS, SERIES 2018

AMOUNT ISSUED: $57,540,000 DATED: April 25, 2018

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

2024 $ 45,435,000

2025 2,445,000 42,990,000 1,670,831 4,115,831
2026 2,570,000 40,420,000 1,545,456 4,115,456
2027 2,700,000 37,720,000 1,413,706 4,113,706
2028 2,840,000 34,880,000 1,275,206 4,115,206
2029 2,985,000 31,895,000 1,129,581 4,114,581
2030 3,105,000 28,790,000 1,008,381 4,113,381
2031 3,200,000 25,590,000 913,806 4,113,806
2032 3,300,000 22,290,000 814,244 4,114,244
2033 3,405,000 18,885,000 707,350 4,112,350
2034 3,520,000 15,365,000 592,619 4,112,619
2035 3,645,000 11,720,000 471,709 4,116,709
2036 3,770,000 7,950,000 344,225 4,114,225
2037 3,905,000 4,045,000 209,913 4,114,913
2038 4,045,000 - 70,788 4,115,788
2039 - - - -
2040 - - - -
2041 - - - -
2042 - - - -
2043 - - - -
2044 - - - -
2045 - - - -
2046 - - - -
2047 - - - -
2048 - - - -

$ 45,435,000 $ 12,167,816 $ 57,602,816