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Combined Debt Service
The following information represents combined tax supported (General) and revenue supported (Utility) debt. The City's combined debt totals $69,494,466. This is a reduction of $9,638,300 from the prior year's total debt.
Of the total debt, $64,181,835 is tax supported and accounted for in the General Debt Service Fund, and $5,312,631 is utility revenue supported and accounted for in the Utility Debt Service Fund.
Combined Debt Schedule | |||
---|---|---|---|
Fiscal Year | Principal Due | Interest Due | Total Principal & Interest |
2019 | 4,870,000 | 2,035,513 | 6,905,513 |
2020 | 5,040,000 | 1,866,866 | 6,906,866 |
2021 | 4,960,000 | 1,687,999 | 6,647,999 |
2022 | 5,140,000 | 1,507,799 | 6,647,799 |
2023 | 5,340,000 | 1,314,484 | 6,654,484 |
2024 | 4,455,000 | 1,122,013 | 5,577,013 |
2025 | 4,345,000 | 957,269 | 5,302,269 |
2026 | 4,075,000 | 797,100 | 4,872,100 |
2027 | 3,625,000 | 636,837 | 4,261,837 |
2028 | 1,890,000 | 530,250 | 2,420,250 |
2029 | 1,955,000 | 458,775 | 2,413,775 |
2030 | 2,040,000 | 383,494 | 2,423,494 |
2031 | 2,115,000 | 302,922 | 2,417,922 |
2032 | 3,345,000 | 228,125 | 3,573,125 |
2033 | 1,515,000 | 86,019 | 1,601,019 |
2034 | 515,000 | 19,178 | 534,178 |
2035 | 160,000 | 7.350 | 167,350 |
2036 | 165,000 | 2,475 | 167,475 |
Total | 55,550,000 | 13,944,466 | 69,494,466 |
General & Utility Debt by Series
Of the total debt, $73,108,503 is tax supported and accounted for in the General Debt Service Fund and $6,024,262 is utility revenue supported and accounted for in the Utility Debt Service Fund.
Series | Source | Principal | Interest | Total |
---|---|---|---|---|
2008 General Obligation Bonds | Tax Supported | 7,100,000 | 3,216,450 | 10,316,450 |
2011 General Obligation Refunding (2000B and 2003) | Tax Supported | 2,295,000 | 1,316,106 | 3,611,106 |
2011 Combo Certificates of Obligation | Tax Supported | 2,940,000 | 832,141 | 3,772,141 |
2012 General Obligation Refunding | Tax Supported | 1,065,000 | 39,154 | 1,104,154 |
2012 Certificates of Obligation | Tax Supported | 785,000 | 154,775 | 939,775 |
2014 Certificates of Obligation | Tax Supported | 4,435,000 | 1,320,044 | 5,755,044 |
2014 General Obligation Refunding (2005A) | Tax Supported | 1,560,000 | 136,781 | 1,696,781 |
2015 General Obligation Refunding (2007 GO) | Tax Supported | 8,585,000 | 2,247,213 | 10,832,213 |
2016 General Obligation Refunding (2007 GO) | Tax Supported | 6,750,000 | 490,125 | 7,240,125 |
2016 Certificates of Obligation | Tax Supported | 2,310,000 | 624,997 | 2,934,997 |
2017 Subordinate Lien Pass-Through Toll Revenue and Limited Tax Refunding | Tax Supported | 11,465,000 | 2,574,850 | 14,039,850 |
2017 Tax Notes | Tax Supported | 1,780,000 | 159,200 | 1,939,200 |
Total Tax Supported | 51,070,000 | 13,111,835 | 64,181,835 | |
2011A General Obligation Refunding (2000B & 2003) | Utility Revenue Supported | 395,000 | 21,581 | 416,581 |
2011 Combo Certificates of Obligation | Utility Revenue Supported | 2,170,000 | 615,306 | 2,785,306 |
2014 General Obligation Refunding (2005A) | Utility Revenue Supported | 940,000 | 82,762 | 1,022,762 |
2014 General Obligation Refunding (2005B) | Utility Revenue Supported | 975,000 | 112,981 | 1,087,981 |
Total Utility Revenue Supported | 4,480,000 | 832,631 | 5,312,631 | |
Total City Debt | 55,550,000 | 13,944,466 | 69,494,466 |