Page 308 - CityofWataugaAdoptedBudgetFY25

General Fund Debt Service Requirements to Maturity
as of October 1, 2024
DEBT
YEAR ENDING OUTSTANDING
SEPT. 30 OCT. 1 PRINCIPAL INTEREST TOTAL
2025 $30,910,000 $3,530,000 $1,021,844 $4,551,844
2026 $27,380,000 $2,111,963 $901,096 $3,013,059
2027 $25,268,037 $1,933,813 $828,977 $2,762,790
2028 $23,334,224 $1,659,578 $730,363 $2,389,941
2029 $21,674,646 $1,735,616 $654,556 $2,390,172
2030 $19,939,030 $1,750,890 $612,116 $2,363,006
2031 $18,188,140 $1,666,411 $562,386 $2,228,797
2032 $16,521,729 $1,695,608 $495,657 $2,191,265
2033 $14,826,121 $1,741,558 $445,629 $2,187,187
2034 $13,084,563 $1,802,396 $393,359 $2,195,755
2035 $11,282,167 $1,718,008 $341,042 $2,059,050
2036 $9,564,159 $1,725,084 $329,426 $2,054,510
2037 $7,839,075 $1,410,246 $282,879 $1,693,125
2038 $6,428,829 $1,455,184 $237,792 $1,692,976
2039 $4,973,645 $1,079,896 $198,467 $1,278,363
2040 $3,893,749 $1,114,384 $165,067 $1,279,451
2041 $2,779,365 $1,008,646 $131,817 $1,140,463
2042 $1,770,719 $836,727 $81,589 $918,316
2043 $933,992 $645,315 $55,732 $701,047
2044 $288,677 $108,677 $44,698 $153,375

$30,730,000 $8,514,490 $39,244,490

Year Total Principal Interest

This Year's Requirement 2025 $4,551,844 $3,530,000 $ 1,021,844
Maximum Requirement 2025 $4,551,844 $3,530,000 $1,021,844

$5,000,000
$4,500,000 INTEREST
$4,000,000 PRINCIPAL
$3,500,000
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0

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