FY24 Adopted Budget

2017C Water Revenue Refunding Capital Loan Notes Principal: $5,910,000 Dated: June 15, 2017 Callable: July 1, 2022

Principal Outstanding Beginning of Fiscal Year

Payments

Water Revenue

Coupon Rate

Fiscal Year

Principal

Interest

Total

2023 2024 2025 2026

725,000

62,238

787,238

787,238

3,305,000 2.00% 2,580,000 2.00% 1,355,000 2.25% 555,000 2.25%

1,225,000

42,738 1,267,738

1,267,738

800,000 555,000

21,488

821,488 561,244

821,488 561,244

6,244

Totals

3,305,000

132,706 3,437,706

3,437,706

Principal payable July 1. Interest payable July 1 and January 1.

Project

Amount

Refunded 2009B Water Revenue Bonds

$ 5,372,468

Water Plant Roof Replacement

400,000 100,000 102,315 (64,783)

Water Maintenance Building Improvements

Issuance Costs Bond Premium

Amount of Issue

$ 5,910,000

480