FY25 Proposed Budget

Interest 2019A General Obligation Bonds Principal: $12,535,000 Dated: June 4, 2019 Callable: June 1, 2025 Payments Property Tax Revenue Total

Principal Outstanding Beginning of Fiscal Year

Coupon Rate

Fiscal Year

Principal

2024 2025 2026 2027 2028 2029

985,000 875,000 905,000 940,000 960,000 960,000

117,300 1,102,300

1,102,300 972,600 985,100 1,002,000 1,003,200 981,600

5,625,000 2.00% 4,640,000 2.00% 3,765,000 2.00% 2,860,000 2.00% 1,920,000 2.25% 960,000 2.25%

97,600 80,100

972,600 985,100

62,000 1,002,000 43,200 1,003,200

21,600

981,600

Totals

5,625,000

421,800 6,046,800

6,046,800

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

Project

Amount

$ 400,000

City Hall boiler and controls replacement

270,000 950,000 477,000 800,000

West Riverbank Stabilization

Riverfront Crossings Park Development

Highway 1 Sidewalk/Trail

Willow Creek/Kiwanis Park Improvements Pedestrian Mall Reconstruction Lower City Park Adventure Playground McCollister Blvd - Gilbert to Sycamore Prentiss Street Bridge Replacement

3,650,000 850,000 4,410,000 555,000 173,000

Issuance Costs

Amount of Issue

$ 12,535,000

425