FY27 Proposed Budget

2023A General Obligation Bonds Principal: $9,105,000 Dated: June 1, 2023 Callable: June 1, 2029

Principal Outstanding Beginning of Fiscal Year

Payments

Property Tax Revenue

Coupon Rate

Fiscal Year

Principal

Interest

Total

2026 2027 2028 2029 2030 2031 2032 2033

920,000 920,000 920,000 920,000 920,000 925,000 925,000 340,000

332,700 1,252,700 286,700 1,206,700 240,700 1,160,700 194,700 1,114,700 148,700 1,068,700 102,700 1,027,700

1,252,700 1,206,700 1,160,700 1,114,700 1,068,700 1,027,700

6,790,000 5.00% 5,870,000 5.00% 4,950,000 5.00% 4,030,000 5.00% 3,110,000 5.00% 2,190,000 5.00% 1,265,000 5.00% 340,000 3.00%

56,450 10,200

981,450 350,200

981,450 350,200

Totals

6,790,000 1,372,850

8,162,850 8,162,850

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

Project

Amount

$ 400,000

American Legion Rd/First Ave Landscaping Kiwanis Park Playground & Shelter Renovation Hickory Hill Park Conklin St Imp & Master Plan Update

350,000 400,000 200,000 300,000

Happy Hollow Playground Replacement Hunter's Run Park Playground & Shelter Gilbert Street Bridge Replacement High Street & Southgate Ave Sidewalk Infill Fire Apparatus Replacement Willow Creek Trail Replacement Terrell Mill Skate Park Redevelopment Mercer Park Ball Diamond Improvements

3,175,000

110,000

1,800,000

140,000 700,000 700,000 300,000 110,000 85,000 70,000 110,000 155,000

Event Facility Improvements

Animal Shelter Standby Generator

Fire Station #1 Carpet/Tile Flooring Replacement Fire Station #1 Apparatus Bay Slab Reconstruction

Fire Station #2 Roof Replacement

Issuance Costs

Amount of Issue

$ 9,105,000

388