FY27 Proposed Budget

2020A General Obligation Bonds Principal: $12,145,000 Dated: June 1, 2020 Callable: June 1, 2026

Principal Outstanding Beginning of Fiscal Year

Payments

Property Tax Revenue

Coupon Rate

Fiscal Year

Principal

Interest

Total

2026 2027 2028 2029 2030

790,000 790,000 790,000 790,000 790,000

102,700 63,200 47,400 31,600 15,800

892,700 853,200 837,400 821,600 805,800

892,700 853,200 837,400 821,600 805,800

3,950,000 5.00% 3,160,000 2.00% 2,370,000 2.00% 1,580,000 2.00% 790,000 2.00%

Totals

3,950,000

260,700 4,210,700

4,210,700

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

Project

Amount

$ 660,000

Infrastructure Asset Management software

800,000 520,000 700,000 800,000

Wetherby Restroom, Shelter & Playground Replacement Napolean, Scott, Fairmeadows Parks Rehabilitation Mercer Park Pool Dehumidifcation & Tuckpointing

Pavement Rehabilitation - citywide American Legion Road - Scott to Taft

4,851,340 1,400,000

First Ave/Scott Blvd Intersection Improvements

775,000 650,000 100,000 716,000 172,660

Court Street Reconstruction

Rochester Ave Reconstruction - First to Ralston Creek

Gilbert Court Sidewalk Infill Fire Apparatus Replacement

Issuance Costs

Amount of Issue

$ 12,145,000

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