FY27 Proposed Budget

General Obligation Bonds/TIF Revenue Bonds Outstanding Debt Obligation Summary by Individual Issue

Fiscal Year Debt Paid in Full

Principal Outstanding June 30, 2025

Debt Service Payments

Amount of Issue

Issue / Use of Funds

FY2026

FY2027

FY2028

2016A G.O. Multi-purpose

8,795,000 2026

$ 1,035,000 1,055,700 $

$

-

$

-

2016E TIF Revenue Bonds

12,805,000 2036

8,975,000 1,219,250

-

-

2017 G.O. Multi-Purpose

9,765,000 2027

2,140,000 1,108,500

1,112,125

-

2018A G.O. Multi-Purpose

8,895,000 2028

2,880,000 1,026,400

1,018,200 1,009,400

2019 G.O. Multi-purpose

12,535,000 2029

3,765,000

985,100 1,002,000

1,003,200

2020 G.O. Multi-purpose

12,145,000 2030

3,950,000

892,700

853,200

837,400

2021 G.O. Multi-purpose

11,325,000 2031

6,785,000 1,361,500

1,304,750 1,248,000

2022 G.O. Multi-purpose

10,255,000 2032

6,950,000 1,278,578

1,228,828 1,179,078

2023 G.O. Multi-purpose

9,105,000 2033

6,790,000 1,252,700

1,206,700 1,160,700

2024 G.O. Multi-purpose

9,980,000 2034

8,140,000 1,284,900

1,239,650 1,239,650

2025 G.O. Multi-purpose

14,535,000 2035

14,535,000 2,922,713

1,991,750 1,918,000

2026A G.O. Proposed

15,165,000 2036

-

-

3,558,250 1,992,139

2026B G.O. Proposed

8,140,000 2036

-

-

4,010,600

673,200

2027 G.O. Proposed

17,492,000 2037

-

-

-

3,274,600

Total - General Obligation Debt Service:

$ 65,945,000 14,388,041 $

$ 18,526,053 15,535,367 $

378