Page 319 - CityofSouthlakeFY26AdoptedBudget
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Debt Service
SUMMARY OF SOUTHLAKE PARKS AND DEVELOPMENT BONDS
PRINCIPAL AND INTEREST REQUIREMENTS
2026 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 320,000 69,481 389,481 February 2032
2014 Sales Tax Revenue Refunding Bonds 1,020,000 39,450 1,059,450 February 2027
2019 General Obligation Refunding Bonds 510,000 102,200 612,200 February 2030
2021 General Obligation Refunding Bonds 194,000 13,891 207,891 February 2031
Net SPDC Debt Service Requirements 2,044,000 225,022 2,269,022
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2012 Certificates of Obligation 2,460,000 270,578 2,730,578 February 2032
2014 Sales Tax Revenue Refunding Bonds 1,825,000 51,525 1,876,525 February 2027
2019 General Obligation Refunding Bonds 2,365,000 249,275 2,614,275 February 2030
2021 General Obligation Refunding Bonds 1,245,000 47,002 1,292,002 February 2031
Net SPDC Debt Service Requirements 7,895,000 618,380 8,513,380
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
FY 2026 City of Southlake | Budget Book 319
