HomeMy WebLinkAbout2020/11/17-Attachments-Table B-6 - FY 2021 Roadway Budget.pdfTable B-6
NNIL: Budget for the Roadway Improvement Annual Installments
:1
To be collected for Fiscal Year 2021
Roadway Bonds
Interest payment on March 1, 2021
$127,199.06
Interest payment on September 1, 2021
$127,199.06
Principal payment on September 1, 2021
$195,000.00
Subtotal debt service on bonds
$449,398.11
Administrative expenses
$52,162.08
Additional interest for Delinquency and Prepayment Reserves
$25,439.81
Total Uses
$527,000.00
Available reserve fund income
($5,913.11)
Available capitalized interest account
$0.00
Available Administrative Expense account
($22,086.89)
Subtotal funds available
($28,000.00)
Annual Installments
$499,000.00
Total Sources
$527,000.00