25LINKBUDGET(FULL) - Flipbook - Page 84
City of Plymouth 2024 / 2025 Budget
Street Repair Program
Table I
Amount: $6,140,000
Rate: 4.00%/3.00%
2020 Street Bond Issue
Fiscal
Year
2020 / 21
2021 / 22
2022 / 23
2023 / 24
2024 / 25
2025 / 26
2026 / 27
2027 / 28
2028 / 29
2029 / 30
Total
Coup
Rate
0.70%
0.95%
1.15%
1.30%
1.40%
1.60%
1.75%
2.00%
2.20%
2.35%
Interest
Interest
Principal
Due Oct 1st 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
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 / 25
2025 / 26
2026 / 27
2027 / 28
2028 / 29
2029 / 30
2030 / 31
2031 / 32
2032 / 33
2033 / 34
Total
GRAND TOTAL
25BINTRO-26-SRP.xlsx
Coup
Rate
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
$733,350
732,750
731,350
734,150
735,950
731,750
731,750
732,250
732,150
736,450
$7,331,900
Amount:
Rate:
2024 Street Bond Issue
Fiscal
Year
Total
Due
Interest
Interest
Principal
Due Oct 1st Due April 1st Due April 1st
Total
Due
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
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
$5,030,000
4.00%
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
INT 79
