FY 2025–26 Long-Term Debt

          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