FY27 Proposed Budget

2024A General Obligation Bonds Principal: $10,140,000 Dated: June 4, 2024 Callable: June 1, 2030

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 2034

905,000 905,000 905,000 905,000 905,000 905,000 905,000 905,000 900,000

379,900 1,284,900 334,650 1,239,650 289,400 1,194,400 244,150 1,149,150 198,900 1,103,900 153,650 1,058,650 108,400 1,013,400

1,284,900 1,239,650 1,194,400 1,149,150 1,103,900 1,058,650 1,013,400

8,140,000 5.00% 7,235,000 5.00% 6,330,000 5.00% 5,425,000 5.00% 4,520,000 5.00% 3,615,000 5.00% 2,710,000 4.00% 1,805,000 4.00% 900,000 4.00%

72,200 36,000

977,200 936,000

977,200 936,000

Totals

8,140,000 1,817,250

9,957,250 9,957,250

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

Project

Amount

$ 400,000

College Green Park Playground

260,000

Court Hill Trail Beech to Scott Replacement

4,030,000 1,500,000

Dubuque Street Reconstruction Court Street Reconstruction N. Gilbert Street Reconstruction Gilbert Street Bridge Replacement

900,000

1,375,000

635,000 50,000 700,000 130,000 160,000

Riverside Dr. Pedestrian Bridge at Iowa Ave Rehab High Street & Southgate Ave Sidewalk Infill Proj

Recreation Center Improvements

Fire Station #1 Apparatus Bay Slab Reconstruction

Issuance Costs

Amount of Issue

$ 10,140,000

389