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Adopted FY 2015-16 Budget
Capital Improvements/Debt Service-Debt Service Fund
SUMMARY OF OUTSTANDING DEBT ISSUES
AS OF JUNE 30, 2015
Fiscal
Year
Principal
Interest
Total
15-16
$655,000
$172,700
$827,700
16-17
680,000
146,500
826,500
17-18
715,000
112,500
827,500
18-19
750,000
76,750
826,750
19-20
785,000
39,250
824,250
TOTAL $3,585,000
$547,700 $4,132,700
Fiscal
Year
Principal
Interest
Total
15-16
$280,000
$281,975
$561,975
16-17
290,000
270,775
560,775
17-18
305,000
259,175
564,175
18-19
315,000
246,975
561,975
19-20
330,000
234,375
564,375
20-21
340,000
221,175
561,175
21-22
355,000
207,575
562,575
22-23
370,000
193,375
563,375
23-24
385,000
178,575
563,575
24-25
400,000
165,100
565,100
25-26
415,000
149,100
564,100
26-27
435,000
127,313
562,313
27-28
460,000
104,475
564,475
28-29
485,000
80,325
565,325
29-30
510,000
54,863
564,863
30-31
535,000
28,088
563,088
TOTAL $6,210,000 $2,803,239 $9,013,239
ANNUAL CERTIFICATES OF PARTICIPATION DEBT
SERVICE REQUIREMENTS
ANNUAL SPECIAL OBLIGATION DEBT SERVICE
REQUIREMENTS
Amount
Issue
Amount
Issue
Purpose
Issued
Date
Outstanding
SPECIAL OBLIGATION BONDS
Solid Waste Disposal Facilities Solid Waste Transfer Station &
Improvements
$8,400,000
2005
$3,585,000
The special obligation debt is funding the 2005 construction of the Solid Waste Transfer Station and various improvement therein.
CERTIFICATES OF PARTICIPATION
Coliseum
Aquatic Center
$7,000,000
2010
$6,210,000
Certificates of participation issued for Coliseum expansion, including the Aquatic Center, will be repaid with Hotel/Motel Tax revenues.