FY2023 Adopted Budget

Interest 2016A General Obligation Bond Issue Principal: $8,795,000 Dated: June 16, 2016 Callable: June 1, 2024 Payments Property Tax Revenue Total

Principal Outstanding Beginning of Fiscal Year

Coupon Rate

Fiscal Year

Principal

-

2022 2023 2024 2025 2026

950,000 965,000 985,000 1,010,000 1,035,000

108,550

1,058,550

1,058,550 1,054,550 1,045,600 1,050,900 1,055,700

4,945,000 3,995,000 3,030,000 2,045,000 1,035,000

2.00% 3.00% 2.00% 2.00% 2.00%

89,550 1,054,550 60,600 1,045,600 40,900 1,050,900 20,700 1,055,700

Totals

4,945,000

320,300

5,265,300

5,265,300

Principal payable June 1. Interest payable June 1 and December 1.

Project

Amount

Riverfront Crossings Redevelopment

$

150,000 500,000 130,000 65,000 25,000 150,000 200,000 118,000 53,000 650,000

Riverfront Crossings Riverbank/Park Development

City Park Cabin Restoration City Park Pool Cabana Shelters Pheasant Hill Park Renovation

Happy Hollow Park Shelter & Bathroom Upgrades Hickory Hill Park & Trail Development Upgrade Building BAS Controls Mercer Aquatic & Scanlon Gym Improvements Mormon Trek Right Turn Lane & Three Lane Conversion 1st Ave/IAIS RR Crossing Grade Separation

1,546,222 275,000 4,133,666 700,000

First Ave Three Lane Conversion Washington Street Reconstruction Fire/Police Storage Facility Relocation

Issuance Costs

99,112

8,795,000 $

430