Page 640 - Bedford-FY24-25 Budget

CITY OF BEDFORD
SCHEDULE OF DEBT REQUIREMENTS
COMBINATION TAX & REVENUE CERTIFICATES OF OBLIGATION
SERIES 2017
WATER & SEWER

AMOUNT ISSUED: $20,000,000 DATED: October 10, 2017

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

2024 $ 16,485,000

2025 545,000 15,940,000 430,928 975,928
2026 550,000 15,390,000 423,080 973,080
2027 560,000 14,830,000 414,610 974,610
2028 570,000 14,260,000 405,426 975,426
2029 580,000 13,680,000 395,109 975,109
2030 595,000 13,085,000 383,451 978,451
2031 610,000 12,475,000 370,420 980,420
2032 625,000 11,850,000 355,963 980,963
2033 640,000 11,210,000 340,525 980,525
2034 660,000 10,550,000 324,206 984,206
2035 680,000 9,870,000 306,980 986,980
2036 695,000 9,175,000 288,892 983,892
2037 720,000 8,455,000 270,057 990,057
2038 735,000 7,720,000 250,329 985,329
2039 760,000 6,960,000 229,823 989,823
2040 780,000 6,180,000 207,631 987,631
2041 805,000 5,375,000 184,777 989,777
2042 830,000 4,545,000 161,190 991,190
2043 855,000 3,690,000 136,788 991,788
2044 880,000 2,810,000 110,967 990,967
2045 910,000 1,900,000 84,391 994,391
2046 935,000 965,000 57,000 992,000
2047 965,000 - 28,950 993,950
2048 - - - -

$ 16,485,000 $ 6,161,487 $ 22,646,487