26BUDGET(FULL-LINKED) - Flipbook - Page 87
City of Plymouth 2025 / 2026 Budget
Street Repair Program
Table I
Amount: $6,140,000
Rate: 4.00%/3.00%
2020 Street Bond Issue
Fiscal
Year
Coup
Rate
Interest
Due Oct 1st
2020 / 21
2021 / 22
2022 / 23
2023 / 24
2024 / 25
2025 / 26
2026 / 27
2027 / 28
2028 / 29
2029 / 30
Total
0.70%
0.95%
1.15%
1.30%
1.40%
1.60%
1.75%
2.00%
2.20%
2.35%
109,175
98,875
88,175
77,075
65,475
53,375
40,875
31,125
21,075
10,725
$595,950
Interest
Principal
Due April 1st Due April 1st
109,175
98,875
88,175
77,075
65,475
53,375
40,875
31,125
21,075
10,725
$595,950
$515,000
535,000
555,000
580,000
605,000
625,000
650,000
670,000
690,000
715,000
$6,140,000
2024 Street Bond Issue
$733,350
732,750
731,350
734,150
735,950
731,750
731,750
732,250
732,150
736,450
$7,331,900
$5,030,000
4.00%
Total
Due
Principal
Balance
$5,030,000
4,615,000
4,180,000
3,725,000
3,255,000
2,765,000
2,255,000
1,725,000
1,175,000
600,000
0
Coup
Rate
Interest
Due Oct 1st
2024 / 25
2025 / 26
2026 / 27
2027 / 28
2028 / 29
2029 / 30
2030 / 31
2031 / 32
2032 / 33
2033 / 34
Total
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
99,482
92,300
83,600
74,500
65,100
55,300
45,100
34,500
23,500
12,000
$585,382
100,600
92,300
83,600
74,500
65,100
55,300
45,100
34,500
23,500
12,000
$586,500
$415,000
435,000
455,000
470,000
490,000
510,000
530,000
550,000
575,000
600,000
$5,030,000
$615,082
619,600
622,200
619,000
620,200
620,600
620,200
619,000
622,000
624,000
$6,201,882
$1,181,332
$1,182,450
$11,170,000
$13,533,782
26BINTRO-26-SRP.xlsx
TABLE OF CONTENTS
Principal
Balance
$6,140,000
5,625,000
5,090,000
4,535,000
3,955,000
3,350,000
2,725,000
2,075,000
1,405,000
715,000
0
Amount:
Rate:
Fiscal
Year
GRAND TOTAL
Interest
Principal
Due April 1st Due April 1st
Total
Due
INT 82
