Final Adopted Budget FY23-24

ANNUAL LIMITED OBLIGATION DEBT SERVICE REQUIREMENTS CURRENT OUTSTANDING ISSUES

FISCAL YEAR Principal

LIMITED OBLIGATION BONDS

TOTAL

Interest

Prin. & Int.

23/24 24/25 25/26 26/27 27/28 28/29 29/30 30/31 31/32 32/33 33/34 34/35 35/36 36/37 37/38 38/39 39/40 40/41 41/42 42/43 43/44 44/45 45/46

6,710,000 6,830,000 6,955,000 7,105,000 7,275,000 7,425,000 7,600,000 7,780,000 7,405,000 7,595,000 7,785,000 7,985,000 8,200,000 8,435,000 8,685,000 8,940,000 9,215,000 7,330,000 7,580,000 7,835,000 5,245,000 3,605,000 1,905,000

4,826,688 4,684,496 4,528,057 4,349,116 4,165,655 3,978,365 3,779,055 3,567,357 3,343,036 3,129,535 2,904,722 2,668,668 2,423,100 2,166,590 1,896,369 1,618,591 1,329,903 1,040,719 793,130 535,680 269,267 106,565

11,536,688 11,514,496 11,483,057 11,454,116 11,440,655 11,403,365 11,379,055 11,347,357 10,748,036 10,724,535 10,689,722 10,653,668 10,623,100 10,601,590 10,581,369 10,558,591 10,544,903 8,370,719 8,373,130 8,370,680 5,514,267 3,711,565 1,930,498

25,498

$165,425,000

$58,130,162

$223,555,162

The table above lists the City's annual principal and interest obligations through fiscal year 2046 on the City's limited obligation bonded debt outstanding. This debt currently supports Coliseum improvements, two new parking decks, and fire fighting facilities.

Adopted 2023-24 Budget

162