Page 270 - CityofSouthlakeFY25AdoptedBudget
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SUMMARY OF SOUTHLAKE PARKS AND DEVELOPMENT BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2025 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 310,000 78,931 388,931 February 2032
2014 Sales Tax Revenue Refunding Bonds 1,330,000 74,700 1,404,700 February 2027
2019 General Obligation Refunding Bonds 480,000 126,950 606,950 February 2030
2021 General Obligation Refunding Bonds 189,000 16,208 205,208 February 2031
Net SPDC Debt Service Requirements 2,309,000 296,789 2,605,789
Debt Service
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 2,770,000 349,509 3,119,509 February 2032
2014 Sales Tax Revenue Refunding Bonds 3,155,000 126,225 3,281,225 February 2027
2019 General Obligation Refunding Bonds 2,845,000 376,225 3,221,225 February 2030
2021 General Obligation Refunding Bonds 1,434,000 63,210 1,497,210 February 2031
Net SPDC Debt Service Requirements 10,204,000 915,169 11,119,169
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
270 FY 2025 City of Southlake | Budget Book
