Page 215 - CityofHasletFY25AnnualBudget

DEBT SERVICE

Water and Sewer Debt Service Fund - 08

FY 2024 FY 2025
FY 2021 FY 2022 FY 2023 CURRENT PROJECTED
ACTUAL ACTUAL ACTUAL BUDGET YEAR END BUDGET

Fund Balance, October 1 $ 186,645 $ 228,928 $ 276,852 $ 331,664 $ 331,664 $ 391,808

Revenues

Transfer from Impact $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000
Transfer from W&S $ 235,000 $ 235,000 $ 235,000 $ 1,151,196 $ 1,151,196 $ 819,408
Transfer from Type A $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000
Transfer from Type B $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000 $ 35,000
Interest Income $ 388 $ 2,479 $ 11,718 $ 2,500 $ 18,450 $ 18,450
Transfers $ - $ - $ - $ - $ -
Current Year Resources $ 455,388 $ 457,479 $ 466,718 $ 1,373,696 $ 1,389,646 $ 1,057,858

Total Available Resources $ 642,033 $ 686,407 $ 743,570 $ 1,705,360 $ 1,721,310 $ 1,449,666

Debt Service Requirements

Transfer to W&S $ - $ - $ - $ -

2015 Certificates of Obligation
Principal $ 195,000 $ 200,000 $ 210,000 $ 215,000 $ 215,000 $ 220,000
Interest $ 104,705 $ 98,855 $ 92,856 $ 86,556 $ 86,556 $ 80,106
Fiscal Agent Fees $ 400 $ 400 $ 500 $ 500 $ 500 $ 500
Total 2015 G.O. Refunding $ 300,105 $ 299,255 $ 303,356 $ 302,056 $ 302,056 $ 300,606

2016 GO Refunding Bonds
Principal $ 75,000 $ 75,000 $ 75,000 $ 80,000 $ 80,000 $ 80,000
Interest $ 37,550 $ 35,300 $ 33,050 $ 30,800 $ 30,800 $ 28,400
Fiscal Agent Fees $ 450 $ - $ 500 $ 500 $ 500 $ 500
Total 2007 G.O. Refunding $ 113,000 $ 110,300 $ 108,550 $ 111,300 $ 111,300 $ 108,900

2022 Combo Tax & Rev CO
Principal $ - $ - $ - $ - $ 384,719
Interest $ - $ - $ 916,146 $ 916,146 $ 523,541
Fiscal Fees $ - $ - $ - $ - $ -
Total 2022 CO's $ - $ - $ - $ 916,146 $ 916,146 $ 908,260

Total Debt Requirement $ 413,105 $ 409,555 $ 411,906 $ 1,329,502 $ 1,329,502 $ 1,317,766

Fund Balance, Sept. 30 $ 228,928 $ 276,852 $ 331,664 $ 375,858 $ 391,808 $ 131,900

Haslet Adopted Budget FY 2024-2025 213