FY27 Proposed Budget

2021A General Obligation Bonds Principal: $11,325,000 Dated: June 1, 2021 Callable: June 1, 2027

Principal Outstanding Beginning of Fiscal Year

Payments

Property Tax Revenue

Coupon Rate

Fiscal Year

Principal

Interest

Total

2026 2027 2028 2029 2030 2031

1,135,000 1,135,000 1,135,000 1,135,000 1,135,000 1,110,000

226,500 1,361,500 169,750 1,304,750 113,000 1,248,000 78,950 1,213,950 44,900 1,179,900 22,200 1,132,200

1,361,500 1,304,750 1,248,000 1,213,950 1,179,900 1,132,200

6,785,000 5.00% 5,650,000 5.00% 4,515,000 3.00% 3,380,000 3.00% 2,245,000 2.00% 1,110,000 2.00%

Totals

6,785,000

655,300 7,440,300

7,440,300

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

Project

Amount

$ 275,000

Glendale Park Shelter & Playground Replacement

400,000 200,000

Pedestrian Mall Playground Replacement Park Facilty Parking Lot/Drives Overlay Street Pavement Rehabilitation Melrose Avenue Improvements Benton Street Rehabilitation Orchard Street Reconstruction Highland Court Sidewalk Infill Scott Blvd. Sidewalk Infill Fire Apparatus Replacement Senior Center Facility Improvements

1,300,000 1,780,000 2,409,140 1,210,000

55,000 120,000

1,520,000

700,000 620,000 410,000 162,000 163,860

South Side Recycling Site Sand/Salt Storage Bunkers

Hwy 6 Trail - Fairmeadows to Heinz

Issuance Costs

Amount of Issue

$ 11,325,000

386