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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 />Sportsplex Projects Debt Service - RECOMMENDED <br />Fiscal Years 2019-24 <br />203