Page 264 - CityofKellerFY25Budget

KELLER DEVELOPMENT CORPORATION (KDC) OUTSTANDING INTEREST DEBT OBLIGATIONS
BY ISSUE

2015 2024
CERTIFICATE CERTIFICATE
OF OF
Year OBLIGATION OBLIGATION TOTAL
Standards & AAA AAA
Poors Rating:
Moodys Rating: Aa1 AAA
Rec Center
Expansion / Sports Park
Purpose:
Park Revitalization
Improvements
2025 $ 64,319 $ 1,149,200 $ 1,213,519
2026 58,619 1,089,450 1,148,069
2027 52,694 1,026,700 1,079,394
2028 46,619 960,700 1,007,319
2029 40,319 891,450 931,769
2030 33,719 818,700 852,419
2031 26,819 742,450 769,269
2032 19,694 662,450 682,144
2033 12,188 578,200 590,388
2034 4,141 489,950 494,091
2035 - 397,200 397,200
2036 - 299,700 299,700
2037 - 197,450 197,450
2038 - 90,200 90,200
2039 - - -
2040 - - -
Total $ 359,128 $ 9,393,800 $ - $ - $ - $ - $ - $ 9,752,928

KDC INTEREST OBLIGATIONS BY YEAR AND ISSUANCE
1,400,000

1,200,000

1,000,000

800,000
2024 CO
600,000 2015 CO

400,000

200,000

-
2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038

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