Adopted Budget 2015-2016

Capital Improvements/Debt Service-Debt Service Fund

ANNUAL GENERAL AND LIMITED OBLIGATION DEBT SERVICE REQUIREMENTS CURRENT OUTSTANDING ISSUES

GENERAL OBLIGATION BONDS

FISCAL YEAR Principal

TOTAL Prin. & Int.

FISCAL YEAR Principal

TOTAL Prin. & Int.

Interest

Interest

15/16 $11,750,000

$6,936,220 $18,686,220

25/26

8,370,000

1,564,580

9,934,580

16/17 12,060,000

6,443,570

18,503,570

26/27

6,995,000

1,160,146

8,155,146

17/18 12,205,000

5,866,420

18,071,420

27/28

6,995,000

832,486

7,827,486

18/19 12,645,000

5,276,020

17,921,020

28/29

3,180,000

500,200

3,680,200

19/20 12,760,000

4,686,015

17,446,015

29/30

3,180,000

355,540

3,535,540

20/21 13,195,000

4,109,380

17,304,380

30/31

3,180,000

216,580

3,396,580

21/22 13,340,000

3,471,370

16,811,370

31/32

1,180,000

117,000

1,297,000

22/23 10,565,000

2,820,857

13,385,857

32/33

680,000

68,000

748,000

23/24

8,370,000

2,349,200

10,719,200

33/34

680,000

34,000

714,000

24/25

8,370,000

1,965,190

10,335,190

$149,700,000 $48,772,774 $198,472,774

The table above lists the City's annual principal and interest obligations through fiscal year 2034 on the City's general obligation bonded debt outstanding.

LIMITED OBLIGATION BONDS

FISCAL YEAR Principal

TOTAL Prin. & Int.

FISCAL YEAR Principal

TOTAL Prin. & Int.

Interest

Interest

15/16

$590,000

$487,734

$1,077,734

28/29

980,000

291,809

1,271,809

16/17

610,000

478,884

1,088,884

29/30

1,030,000

267,309

1,297,309

17/18

630,000

466,684

1,096,684

30/31

1,065,000

251,216

1,316,216

18/19

655,000

454,084

1,109,084

31/32

1,095,000

233,909

1,328,909

19/20

685,000

440,984

1,125,984

32/33

1,135,000

216,116

1,351,116

20/21

720,000

423,859

1,143,859

33/34

1,170,000

196,963

1,366,963

21/22

745,000

409,459

1,154,459

34/35

1,210,000

177,219

1,387,219

22/23

760,000

402,009

1,162,009

35/36

1,270,000

146,969

1,416,969

23/24

800,000

383,009

1,183,009

36/37

1,335,000

115,219

1,450,219

24/25

840,000

363,009

1,203,009

37/38

1,400,000

81,844

1,481,844

25/26

880,000

342,009

1,222,009

38/39

1,455,000

55,594

1,510,594

26/27

925,000

320,009

1,245,009

39/40

1,510,000

28,313

1,538,313

27/28

955,000

306,134

1,261,134

$24,450,000

$7,340,347 $31,790,347

The table above lists the City's annual principal and interest obligations through fiscal year 2040 on the City's limited obligation bonded debt outstanding. This debt currently supports Coliseum improvements and is funded by the Hotel/Motel Tax Occupancy Fund.

121