Page 634 - Bedford-FY24-25 Budget

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

AMOUNT ISSUED: $1,370,000 DATED: June 22, 2023

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

2024 $ 2,160,000

2025 70,000 2,090,000 94,206 164,206
2026 70,000 2,020,000 96,650 166,650
2027 70,000 1,950,000 93,150 163,150
2028 75,000 1,875,000 89,525 164,525
2029 80,000 1,795,000 85,650 165,650
2030 85,000 1,710,000 81,525 166,525
2031 90,000 1,620,000 77,150 167,150
2032 90,000 1,530,000 72,650 162,650
2033 95,000 1,435,000 68,025 163,025
2034 100,000 1,335,000 63,150 163,150
2035 105,000 1,230,000 58,025 163,025
2036 110,000 1,120,000 52,650 162,650
2037 120,000 1,000,000 46,900 166,900
2038 125,000 875,000 40,775 165,775
2039 130,000 745,000 34,400 164,400
2040 135,000 610,000 27,775 162,775
2041 145,000 465,000 21,500 166,500
2042 150,000 315,000 15,600 165,600
2043 155,000 160,000 9,500 164,500
2044 160,000 - 3,200 163,200
2045 - - - -
2046 - - - -
2047 - - - -
2048 - - - -

$ 2,160,000 $ 1,132,006 $ 3,292,006