Page 86 - CityofLakeWorthFY26AdoptedBudget

CITY OF LAKE WORTH

SCHEDULE OF DEBT PAYMENTS BY FISCAL YEAR
CERTIFICATES OF OBLIGATION & GENERAL OBLIGATION DEBT

(INDIVIDUAL DEBT SCHEDULES WITH BUDGETING DETAILS ARE ATTACHED)
Fiscal 2017 Refunding 2020 Issue (1) 2024 Issue (2)
Yr End Principal Interest Principal Interest Principal Interest Total
2018 275,000 275,422 550,422
2019 490,000 261,038 751,038
2020 585,000 251,238 836,238
2021 600,000 238,075 290,000 187,484 1,315,559
2022 720,000 223,075 350,000 122,868 1,415,943
2023 735,000 205,075 370,000 112,368 1,422,443
2024 755,000 186,700 375,000 101,268 1,417,968
2025 775,000 164,050 390,000 90,018 45,000 1,614,900 3,078,968
2026 1,100,000 140,800 400,000 78,318 380,000 1,074,350 3,173,468
2027 1,140,000 96,800 405,000 70,318 480,000 1,055,350 3,247,468
2028 1,185,000 51,200 415,000 62,218 505,000 1,031,350 3,249,768
2029 95,000 3,800 420,000 53,918 915,000 1,006,100 2,493,818
2030 435,000 45,518 960,000 960,350 2,400,868
2031 160,000 36,817 1,005,000 912,350 2,114,167
2032 160,000 33,617 1,055,000 862,100 2,110,717
2033 170,000 30,417 1,115,000 809,350 2,124,767
2034 170,000 27,017 1,165,000 753,600 2,115,617
2035 175,000 23,617 1,225,000 695,350 2,118,967
2036 175,000 20,117 1,285,000 634,100 2,114,217
2037 185,000 16,617 1,350,000 569,850 2,121,467
2038 185,000 12,640 1,420,000 502,350 2,119,990
2039 190,000 8,662 1,490,000 431,350 2,120,012
2040 195,000 4,387 1,565,000 356,850 2,121,237
2041 1,640,000 278,600 1,918,600
2042 1,705,000 213,000 1,918,000
2043 1,775,000 144,800 1,919,800
2044 1,845,000 73,800 1,918,800

Total 8,455,000 2,097,272 5,615,000 1,138,204 22,925,000 13,979,850 54,210,326
(1) Includes WS portion of debt; 50.00% of principal and 55.86% of interest
(2) Includes WS portion of debt; 44.74% of principal and 22.51% of interest