HomeMy WebLinkAboutBudget, Attachment 5, Electric Debt ScheduleAttachment 5
ELECTRIC DEBT SCHEDULE
Principal and Interest Payments
Refinanced Pension
Liability
YEAR
TOTAL
2016
927,300
927,300
2017
960,675
960,675
2018
995,650
995,650
2019
1,030,975
1,030,975
2020
1,067,425
1,067,425
2021
1,104, 775
1,104, 775
2022
562,725
562,725
6,649,525
6,649,525
Loan Descriptions:
In 2011, an existing pension liability was refinanced saving the District more than $1 million over the term.
Debt Payments:
Funded by electric and water rates.