Orange County NC Website
Sportsplex Projects Debt Service - RECOMMENDED <br /> Fiscal Years 2019-24 <br /> Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year <br /> Debt Service 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 <br /> Existing Sportsplex Annual Debt Service 687,289 667,436 644,560 624,839 600,101 585,508 558,955 <br /> Projected Debt Financing <br /> 2018-19-$0 <br /> 2019-20-$0 <br /> 2020-21-$0 <br /> 2021-22-$1,150,000 88,408 88,408 88,408 <br /> Ice Rink Re-Build and Renovations <br /> 2022-23-$0 <br /> 2023-24-$0 <br /> Projected Additional Annual Debt Service - - - - 88,408 88,408 88,408 <br /> Total Sportsplex Debt Service 687,289 667,436 644,560 624,839 688,509 673,916 647,363 <br /> Assumptions: <br /> 20 year Borrowings with Interest Rates ranging from 4.00%to 4.50%. <br /> 203 <br />