Page 347 - CityofSouthlakeFY27Budget
P. 347
TABLE OF CONTENTS
Debt Service
SUMMARY OF SOUTHLAKE COMMUNITY ENHANCEMENT AND DEVELOPMENT CORPORATION
PRINCIPAL AND INTEREST REQUIREMENTS
2027 REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2016 Sales Tax Revenue Bonds 1,305,000 430,725 1,735,725 February 2036
2017 Sales Tax Revenue Bonds 530,000 175,706 705,706 February 2036
Net CEDC Debt Service Requirements 1,835,000 606,431 2,441,431
TOTAL REQUIREMENTS
MATURITY
PRINCIPAL INTEREST TOTAL DATE
2016 Sales Tax Revenue Bonds $15,010,000 $2,362,500 $17,372,500 February 2036
2017 Sales Tax Revenue Bonds 6,065,000 970,047 7,035,047 February 2036
Net CEDC Debt Service Requirements 21,075,000 3,332,547 24,407,547
INTEREST SHOWN IS THE TOTAL OF EACH ANNUAL
REQUIREMENT FOR THE REMAINING LIFE OF THE SERIES
FY 2027 City of Southlake | Budget Book 347
