Schedule 7 - Debt Service Summary

resolution 1 page

Meeting: portal event 765 (no meeting page on file)

Agenda item: Proposed Resolutions — Consider adoption of the 2022-2023 Village Budget for the fiscal year commencing June 1, 2022, through May 31, 2023.

Resolution, 1 page. Attached to agenda item: “Proposed Resolutions — Consider adoption of the 2022-2023 Village Budget for the fiscal year commencing June 1, 2022, through May 31, 2023.”

Retrieved 2026-07-31 from the village's meeting portal. View the original PDF ↗

Also attached to this agenda item: Changes to Tentative Budget Res 55-2022 Budget Adoption Schedule 5 - Salaries Schedule A1 - Budget Summary Schedule F1 - Water Fund Schedule G1 - Sewer Fund Schedule HN1 - Capital Fund

Extracted text

MATURITY DATE
PRINCIPAL BALANCE
FY PRINCIPAL 
PAYMENT
NET 
INTEREST 
COST   FY  INTEREST PAYMENT
FY END PRINCIPAL 
BALANCE
Purchase of Parking Lot
1/15/2024
470,083.92
228,096.55
6.00%
24,834.17
241,987.37
REFUNDING 2001 - 2005 3.270
11/1/2024
372,481.00
121,903.00
1.38%
6,230.59
250,578.00
REFUNDING 2006-2007  2.035M
7/1/2026
706,600.00
129,700.00
1.86%
27,682.50
576,900.00
2019 REFUNDING ($4.972 & & $3.802)
3/1/2028
2,864,215.00
364,712.00
1.80%
143,210.74
2,499,503.00
2016-2017 SERIAL BOND 1.332
2/1/2032
950,000.00
85,000.00
2.70%
25,543.76
865,000.00
2017-18 SERIAL BOND 1.617
12/1/1932
1,230,000.00
100,000.00
2.66%
31,850.00
1,130,000.00
2018-2019 SERIAL BOND 640K
10/1/2033
545,000.00
35,000.00
3.34%
24,475.00
510,000.00
2015-16 SERIAL BOND 8.578M
4/1/2036
3,048,870.00
181,283.00
3.00%
91,466.10
2,867,587.00
2020-2021 SERIAL BOND 2.610
10/15/2037
2,149,413.00
120,850.00
30,935.57
2,028,563.00
2019-2020 SERIAL BOND 3.335M
12/1/2037
2,541,285.00
148,242.00
2.10%
52,482.84
2,393,043.00
2014-15 SERIAL BOND 4.361M
1/1/2040
1,620,427.00
68,006.00
3.06%
50,738.02
1,552,421.00
2021-2022 Refunding 8.35M
4/1/2044
4,107,000.34
193,596.14
4.00%
121,799.76
3,913,404.20
2021-2022 Serial Bond 0.74M
10/1/2040
638,491.03
21,570.64
4.00%
23,526.38
616,920.39
T O T A L
GENERAL
$21,243,866.29
$1,797,959
$654,775
$19,445,907
$20,773,782.37
$1,569,862.78
$629,941.26
$19,203,919.59
DESCRIPTION
PRINCIPAL
PAYABLE
   RATE
  INTEREST
 BALANCE
%
WHEN PAID
REFUNDING 2001 - 2005 3.270
11/1/2024
177,519.00
58,097.00
2.00%
2,969.41
119,422.00
REFUNDING 2006-2007  2.035M
7/1/2026
433,400.00
80,300.00
1.86%
16,967.50
353,100.00
2019 REFUNDING ($4.972 & & $3.802)
3/1/2028
386,886.00
50,472.00
1.80%
19,344.30
336,414.00
2015-16 SERIAL BOND 8.578M
4/1/2036
3,426,130.00
203,717.00
3.00%
102,783.90
3,222,413.00
2020-2021 SERIAL BOND 2.610
10/15/2037
340,587.00
19,150.00
4,901.93
321,437.00
2019-2020 SERIAL BOND 3.335M
12/1/2037
458,715.00
26,758.00
2.10%
9,473.42
431,957.00
2014-15 SERIAL BOND 4.361M
1/1/2040
1,713,345.00
71,906.00
3.06%
53,647.38
1,641,439.00
2021-2022 Refunding 8.35M
4/1/2044
3,708,673.30
182,668.62
4.00%
114,122.58
3,526,004.68
TOTAL
WATER
$10,645,255.30
$693,068.62
$324,210.42
$9,952,186.68
DESCRIPTION
PRINCIPAL
PAYABLE
   RATE
  INTEREST
 BALANCE
%
WHEN PAID
2019 REFUNDING ($4.972 & & $3.802)
3/1/2028
158,899.00
19,816.00
1.80%
7,944.96
139,083.00
2014-15 SERIAL BOND 4.361M
1/1/2040
121,228.00
5,088.00
3.06%
3,795.84
116,140.00
2021-2022 Serial Bond 0.74M
10/1/2040
101,508.97
3,429.36
4.00%
3,740.29
98,079.61
2021-2022 Refunding 8.35M
4/1/2044
534,326.36
48,735.24
4.00%
18,302.66
485,591.12
TOTAL
SEWER
$915,962.33
$77,068.60
$33,783.75
$838,893.73
TOTALS ALL FUNDS
$32,805,083.92
$2,568,096.55
$1,012,769.60
$30,236,987.37
TOTALS MINUS INSTALLMENT
$32,335,000.00
$2,340,000.00
$987,935.43
$29,995,000.00
TOTAL PAYOUT GEN  FUND
$2,452,734.76
TOTAL PAYOUT WAT  FUND
$1,017,279.04
TOTAL PAYOUT SWR  FUND
$110,852.35
$3,580,866.15
DEBT SERVICE SUMMARY
JUNE 1, 2 0 2 2  -   MAY 31, 2 0 2 3
SCHEDULE 7

Machine-extracted for search and reference — the original PDF is the authoritative version.