FY25 Proposed Budget

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

Outstanding Beginning of Fiscal Year

Coupon Rate

Fiscal Year

Principal

Interest

Total

2024 2025 2026

1,225,000 800,000 555,000

42,738 1,267,738

1,267,738 821,488 561,244

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

21,488 6,244

821,488 561,244

Totals

2,580,000

70,469 2,650,469

2,650,469

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

Project

Amount

Refunded 2009B Water Revenue Bonds Water Plant Roof Replacement Water Maintenance Building Improvements

$ 5,372,468

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

Issuance Costs Bond Premium

Amount of Issue

$ 5,910,000

470