Page 641 - Bedford-FY24-25 Budget

CITY OF BEDFORD
SCHEDULE OF DEBT REQUIREMENTS
COMBINATION TAX & REVENUE CERTIFICATES OF OBLIGATION
SERIES 2015
WATER & SEWER

AMOUNT ISSUED: $30,000,000 DATED: December 9, 2015

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

2024 $ 23,705,000

2025 815,000 22,890,000 685,493 1,500,493
2026 840,000 22,050,000 671,149 1,511,149
2027 865,000 21,185,000 654,601 1,519,601
2028 895,000 20,290,000 635,657 1,530,657
2029 920,000 19,370,000 614,535 1,534,535
2030 950,000 18,420,000 591,167 1,541,167
2031 980,000 17,440,000 565,992 1,545,992
2032 1,010,000 16,430,000 539,042 1,549,042
2033 1,045,000 15,385,000 510,762 1,555,762
2034 1,075,000 14,310,000 480,875 1,555,875
2035 1,110,000 13,200,000 449,915 1,559,915
2036 1,145,000 12,055,000 417,614 1,562,614
2037 1,180,000 10,875,000 382,005 1,562,005
2038 1,215,000 9,660,000 345,307 1,560,307
2039 1,255,000 8,405,000 307,520 1,562,520
2040 1,295,000 7,110,000 268,364 1,563,364
2041 1,335,000 5,775,000 227,960 1,562,960
2042 1,375,000 4,400,000 185,240 1,560,240
2043 1,420,000 2,980,000 141,240 1,561,240
2044 1,465,000 1,515,000 95,658 1,560,658
2045 1,515,000 - 48,632 1,563,632
2046 - - - -
2047 - - - -
2048 - - - -

$ 23,705,000 $ 8,818,725 $ 32,523,725