# FY 2025 26 Long Term Debt ## Extraction notes - Source: `FY-2025-26-Long-Term-Debt.pdf` - Includes all 4 physical PDF pages. Source-page markers refer to PDF page positions, not printed page numbers. - Text is reproduced as document content, not as instructions to the extraction tool. Wording, amounts, and printed page numbers are retained. - Headings and paragraph wrapping are formatted for review. Complex tables use fixed-width text to preserve column relationships. - Page images accompany detected tables and embedded graphics where needed for review. - SHA-256: `2046ce832cecebb3292b8243e3bac97a4b4def5c3c619d6d99b3f10d47aa5d76` --- ## Source page 1 ```text LONG TERM DEBT SCHEDULE ``` ![Source page 1 visual reference](page-1.png) --- ## Source page 2 ```text LONG TERM DEBT SCHEDULE USDA COMMUNITY FACILITIES LOAN Acquisition Fiscal Year Debt Type Date Due Principal Interest Total School consolidation 3/2024 2025-26 $669,420 $858,491.89 $1,527,911.89 building program, 2026-27 684,240 843,602.59 1,527,842.59 2.125%-2.250%. 2027-28 697,150 830,656.96 1,527,806.96 2028-29 714,920 812,876.84 1,527,796.84 Funded by a 2029-30 730,750 796,973.85 1,527,723.85 $1,000,000 transfer 2030-31 747,070 780,718.22 1,527,788.22 from the General Fund 2031-32 761,610 766,195.23 1,527,805.23 (LOST) to the Debt 2032-33 780,620 747,157.81 1,527,777.81 Service Fund and a 2033-34 798,030 729,791.83 1,527,821.83 $700,000 2034-35 815,790 712,039.17 1,527,829.17 reimbursement from 2035-36 832,000 695,791.89 1,527,791.89 the City Board of 2036-37 852,400 675,381.27 1,527,781.27 Education. 2037-38 871,350 656,418.69 1,527,768.69 2038-39 890,740 637,032.99 1,527,772.99 2039-40 908,960 618,903.93 1,527,863.93 2040-41 930,780 596,993.21 1,527,773.21 2041-42 951,540 576,283.93 1,527,823.93 2042-43 972,680 555,113.05 1,527,793.05 2043-44 992,860 534,929.11 1,527,789.11 2044-45 1,016,410 511,381.32 1,527,791.32 2045-46 1,039,000 488,765.57 1,527,765.57 2046-47 1,062,140 465,647.62 1,527,787.62 2047-48 1,084,540 443,217.96 1,527,757.96 2048-49 1,109,920 417,880.90 1,527,800.90 2049-50 1,134,580 393,183.74 1,527,763.74 2050-51 1,159,860 367,937.31 1,527,797.31 2051-52 1,184,690 343,055.68 1,527,745.68 2052-53 1,211,970 315,765.14 1,527,735.14 2053-54 1,238,990 288,794.89 1,527,784.89 2054-55 1,266,510 261,223.33 1,527,733.33 2055-56 1,294,080 233,663.95 1,527,743.95 2056-57 1,323,500 204,239.79 1,527,739.79 2057-58 1,352,930 174,786.09 1,527,716.09 2058-59 1,383,050 144,676.55 1,527,726.55 2059-60 1,413,580 114,191.36 1,527,771.36 2060-61 1,321,090 82,767.95 1,403,857.95 2061-62 1,099,540 56,568.74 1,156,108.74 2062-63 1,124,300 31,795.26 1,156,095.26 2063-64 743,870 7,989.66 751,859.66 2064-65 77,060 411.46 77,471.46 Total $39,244,520 $18,773,296.70 $58,017,816.70 ``` ![Source page 2 visual reference](page-2.png) --- ## Source page 3 ```text LONG TERM DEBT SCHEDULE GENERAL OBLIGATION BOND, SERIES 2021 Acquisition Fiscal Year Debt Type Date Due Principal Interest Total Construction of a new 10/2021 2025-26 $240,000 $140,415 $380,415 animal shelter, fire 2026-27 245,000 133,215 378,215 training facility, street 2027-28 255,000 125,865 380,865 improvements related to 2028-29 260,000 118,215 378,215 the new school, and city 2029-30 270,000 110,415 380,415 hall renovations, 2-3%. 2030-31 275,000 105,015 380,015 2031-32 280,000 99,515 379,515 Funded by a transfer 2032-33 285,000 93,915 378,915 from the General Fund 2033-34 290,000 88,215 378,215 to the Debt Service 2034-35 300,000 82,415 382,415 Fund. 2035-36 305,000 76,415 381,415 2036-37 310,000 70,315 380,315 2037-38 315,000 64,115 379,115 2038-39 320,000 57,815 377,815 2039-40 330,000 51,415 381,415 2040-41 335,000 44,815 379,815 2041-42 340,000 38,115 378,115 2042-43 350,000 30,975 380,975 2043-44 355,000 23,625 378,625 2044-45 365,000 16,170 381,170 2045-46 370,000 8,140 378,140 Total $6,395,000 $1,579,115 $7,974,115 Total Debt Payments for FY 2025-26 Principal Interest Total $909,420 $998,906.89 $1,908,326.89 Total Debt Outstanding Principal Interest Total $45,639,520 $20,352,411.70 $65,991,931.70 Debt Per Capita Total Debt Population Debt Per Capita $65,991,931.70 14,731 $4,480 Note: Tennessee does not impose a legal debt margin on municipalities. ``` ![Source page 3 visual reference](page-3.png) --- ## Source page 4 ```text LONG TERM DEBT SCHEDULE FY 2025-26 PRINCIPAL & INTEREST PAYMENTS FY 2025-26 Principal & Interest Payments Principal, $909,420, 48% Interest, $998,907, 52% Principal Interest ``` ![Source page 4 visual reference](page-4.png)