Page 264 - CityofSouthlakeFY25AdoptedBudget

SUMMARY OF GENERAL OBLIGATION BONDS
PRINCIPAL AND INTEREST REQUIREMENTS

2025 REQUIREMENTS MATURITY
PRINCIPAL INTEREST TOTAL DATE

2012 GO Refunding 790,000 52,550 842,550 February 2026
2013 GO Refunding 2,095,000 96,225 2,191,225 February 2026
2014 GO Refunding 60,000 2,850 62,850 February 2026
2017 GO Refunding 404,304 56,046 460,350 February 2028
2021 Tax Notes 674,000 8,441 682,441 February 2026
2022 Series Certificates of Obligations 1,970,000 245,900 2,215,900 February 2026
2023 Tax Notes 130,000 463,954 593,954 February 2030
Debt Service

Net General Obligation Debt Service Requirements 6,123,304 925,966 7,049,270

TOTAL REQUIREMENTS
PRINCIPAL INTEREST TOTAL

2012 GO Refunding 1,610,000 68,950 1,678,950 February 2026
2013 GO Refunding 4,255,000 128,625 4,383,625 February 2026
2014 GO Refunding 125,000 3,825 128,825 February 2026
2017 GO Refunding 1,716,477 124,717 1,841,194 February 2028
2021 Tax Notes 1,354,000 11,263 1,365,263 February 2026
2022 Series Certificates of Obligations 5,990,000 931,525 6,921,525 February 2026
2023 Tax Notes 13,397,000 1,857,607 15,254,607 February 2030

Net General Obligation Debt Service Requirements 28,447,477 3,126,512 31,573,989

INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES

264 FY 2025 City of Southlake | Budget Book