|
Attachment D 16
<br />Current
<br />Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year
<br />Debt Service 2013 -14 2014 -15 2015 -16 2016 -17 2017 -18 2018 -19
<br />2018 -19 - $15,873,225
<br />County Capital $1,750,000
<br />Middle School #5 (CHCCS) $7,795,337
<br />Elementary #12 (CHCCS) $6,327,888
<br />New Debt Service
<br />- 1,156,937
<br />1,499,849
<br />2,373,936
<br />4,058,160
<br />7,710,085
<br />Projected Annual Debt Service
<br />25,609,786 25,287,655
<br />24,372,891
<br />24,131,667
<br />26,406,669
<br />29,307,308
<br />Projected Annual Debt Service
<br />As a Percent of the General Fund Budget
<br />13.64% 13.27%
<br />12.60%
<br />12.29%
<br />13.19%
<br />14.35
<br />Available Annual Debt Service Capacity
<br />Based on the 15% Debt Service Policy
<br />2,550,239 3,294,770
<br />4,638,271
<br />5,314,663
<br />3,628,587
<br />1,328,653
<br />Assumptions
<br />$ 960,000 of annual debt service = $ 10,000,000 of debt issued at current interest rates for 15 years
<br />$ 800,000 of annual utility debt service= $10,000,000 of debt issued at current interest rates of 20 years
<br />
|