Page 635 - Bedford-FY24-25 Budget

CITY OF BEDFORD
SCHEDULE OF DEBT REQUIREMENTS
COMBINATION TAX & REVENUE CERTIFICATES OF OBLIGATION, SERIES 2023
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 $ 1,335,000

2025 45,000 1,290,000 59,875 104,875
2026 45,000 1,245,000 58,075 103,075
2027 50,000 1,195,000 56,175 106,175
2028 50,000 1,145,000 53,925 103,925
2029 55,000 1,090,000 51,300 106,300
2030 55,000 1,035,000 48,550 103,550
2031 60,000 975,000 45,675 105,675
2032 60,000 915,000 42,675 102,675
2033 65,000 850,000 39,550 104,550
2034 70,000 780,000 36,175 106,175
2035 70,000 710,000 32,675 102,675
2036 75,000 635,000 29,050 104,050
2037 80,000 555,000 25,175 105,175
2038 85,000 470,000 21,050 106,050
2039 85,000 385,000 17,225 102,225
2040 90,000 295,000 13,725 103,725
2041 95,000 200,000 10,025 105,025
2042 100,000 100,000 6,125 106,125
2043 100,000 - 2,063 102,063
2044 - - - -
2045 - - - -
2046 - - - -
2047 - - - -
2048 - - - -

$ 1,335,000 $ 649,088 $ 1,984,088