Page 55 - CityofGrapevineFY26AdoptedBudget

DEBT BREAKDOWN BY FUND

Debt Service Fund

The General Fund issues debt for the acquisition and construction of major capital facilities. Debt is also issued for capital improvement projects,
municipal facilities, machinery and equipment. This fund also has worked to reduce interest costs by refunding older bonds with higher terms thereby
providing costs savings on future debt payments. These debts are backed by ad valorem tax revenues.

FY26
Inter Date Date Reven Issuan FY26 Transf
FY26 Princip
est of of ue ce Tran erring

Issuance Purpose Outsta al &
Rate( Issua Matu Sourc Amou sfers
nding¹ Interes
s) nce rity e nt In Funds
t Due
2015 Combination Public Safety, Parking 3 - 2/16/ 2/15/ Ad 11,720 715,00 139,53
Tax and Revenue Lot, Fire and Public 4.50 15 35 Valore ,000 0 1 - -
COs Works Departments % m
Refunding 2004, Ad
2015 GOs 2005, 2005A and 3 % 2/26/ 2/15/ Valore 14,695 270,00 274,05 - -
Refunding Bonds 15 26 ,000 0 0
2006 m

2015 Public Ad
Property Finance IT Data Center and 4 % 12/3 2/15/ Valore 3,070, 75,000 76,500 - -
Contractual Fire Department 0/15 26 m 000
Obligations
2017 Combination New Fire Stations 3 - 2/21/ 2/15/ Ad 9,535, 5,965, 607,06
Tax and Revenue Valore - -
COs and IT Department 5% 17 37 m 000 000 9
Ad
2017 GO Refunding 2 - 2/21/ 2/15/ 1,365, 305,00 156,15156,1
Bonds Refunding 2007 3% 17 27 Valore 000 0 0 50 CVB
m
2018 Combination Public Parking 3 - 5/15/ 2/15/ Ad 32,310 25,430 2,418,1,000
Tax and Revenue Garage, CVB Meeting Valore TIF

COs Space 5% 18 38 m ,000 ,000 425 ,106
Animal Shelter, Fire
2019 GO Refunding Ad
and Improvement Station, Golf Course, 3 - 7/9/1 2/15/ Valore 28,860 19,810 2,167,511,5 CVB
39
9
4%
,000
and Refunding 2009
700
,000
00
Bonds m
Bonds
Streets and
2021 Combination Sidewalks, IT 2 - 9/2/2 2/15/ Ad 10,220 8,675, 652,05
Tax and Revenue Systems, City 4% 1 41 Valore ,000 000 0 - -
COs m
Buildings, Vehicles
Ad
2021 GO Refunding 2013 Refunding 1 - 9/2/2 2/15/ Valore 44,945 35,705 4,586, - -
Bonds 2% 1 33 ,000 ,000 086
50 m