READ ALONGSIDE THE SOURCE
Fort Walton Beach Council agenda — 8-11-14--proposed budget — reading text
Part 14 of 86. These parts divide the reading text for browsing; they are not the source document's page numbers.
Machine-extracted text — fwb-33538-original.pdf
Machine-extracted OCR text · Review label: Machine produced / unreviewed
Compare this copy with the preserved source. Review labels describe the recorded status of this file; they do not guarantee that the text is error-free. Spacing and line breaks are retained, with long lines wrapped to fit the screen.
1, 608, 209 1, 060, 340 2, 668, 548
New Debt anticipated in FY 2014 -15 0 0 0
FY 2014 -15 Budget Debt Impact: 1, 608, 209 1, 060, 340 2, 668, 548
CityCity of
City ofof Fort
FortFort Walton
WaltonWalton Beach,
Beach,Beach, FL
FLFL
Budget Overview
DEBT SCHEDULES
Facility & Infrastructure Debt Service by Fiscal Year
2013A Revenue Note 2005 Bond 2013 SRF Loan
Fiscal 2013 Revenue Note Recreation Complex Utility System Force Main
Year Municipal Facilities Equipment Improvements Pump Station Grand Total
201415 309, 216. 88 557, 524. 54 722, 246. 26 880, 943. 78 2, 469, 931. 46
2015 - 16 306, 627. 56 557, 525. 20 720, 996. 26 880,943. 78 27466, 092. 80
2016 -17 308, 637. 34 557, 524. 52 719, 371. 26 880,943. 78 2, 466, 476. 90
2017 -18 305, 087. 24 557, 524. 96 721, 571. 26 880,943. 78 2, 465, 127. 24
2018 -19 306, 022. 48 557, 524. 68 723, 171. 26 880, 943. 78 2, 467, 662. 20
2019 -20 306, 467. 10 557, 524. 86 724, 171. 26 880,943. 78 2, 469, 107. 00
2020 -21 306, 422. 20 557, 525. 30 724, 115. 00 8807943. 78 2, 469, 006. 28
2021 -22 305, 887. 02 557, 524. 70 723, 440.00 8807943. 78 2, 467, 795. 50
2022 -23 309, 637. 04 557, 524. 58 721, 850.00 880,943. 78 2, 469, 955. 40
2023 -24 307, 637. 08 557, 525. 26 719, 425. 00 880, 943. 78 2, 465, 531. 12
2024 -25 305, 137. 44 557, 524. 76 721, 362. 50 880,943. 78 2, 464, 968. 48
2025 -26 307, 136. 60 557, 524. 98 722, 450.00 880,943. 78 27468, 055. 36
2026 -27 308, 387. 28 557, 524. 58 721, 435. 00 880,943. 78 2, 468, 290. 64
2027 -28 308, 887. 50 3, 080, 700. 00 719, 515. 00 880,943. 78 4, 990, 046. 28
2028 -29 308, 636. 58 721, 690. 00 880,943. 78 1, 911, 270. 36
2029 -30 307, 637. 18 722, 735. 00 880,943. 78 1, 911, 315. 96
2030 -31 305, 887. 24 722, 650. 00 880,943. 78 1, 909, 481. 02
2031 -32 721, 550.00 880,943. 78 1, 602, 493. 78
2032 -33 724, 325. 00 880,943. 78 1, 605, 268. 78
2033 -34 720,750.00 880,944. 26 1, 601, 694. 26
2034 -35 721. 050. 00 721, 050. 00
5, 223, 351. 76 10, 328, 522. 92 15, 159, 870.06 17, 618, 876.08 44, 330, 620. 82
20132013 RevenueRevenue NoteNote
_ _ refinance refinance 20012001 bondbond forfor library,library, policepolice stationstation
( ( new)new) andand firefire station,station, citycity hallhall complexcomplex
renovate)renovate)
2013A2013A RevenueRevenue NoteNote
— — recreationrecreation complexcomplex
( ( new)new) andand fairwayfairway sweepersweeper
/ / vacuum,vacuum, bucketbucket trucktruck
( ( replace)replace)
20052005 BondBond
— — newnew waterwater transmissiontransmission lineslines andand storagestorage tanks;tanks; replacereplace
/ / rehabrehab existingexisting waterwater andand sewersewer lineslines
20132013 SRFSRF LoanLoan
— — newnew forceforce mainmain andand pumppump stationstation
( ( annualannual debtdebt paymentpayment estimated;estimated; finalfinal amountamount won'won' t bebe knownknown
untiluntil projectproject completion completion inin December December 2013)2013)
EquipmentEquipment DebtDebt ServiceService byby FiscalFiscal YearYear
FiscalFiscal YearYear PhonePhone SystemSystem FireFire LadderLadder FireFire PumperPumper GolfGolf MowersMowers GolfGolf MowersMowers GrandGrand TotalTotal
20142014
- - 1515 25,25, 057.057. 6868 84, 625. 34 60, 912. 00 $ 17, 170. 73 10, 851. 12 198,198, 616.616. 8787
2015 -16 25, 057. 68 84, 625. 15 60, 912. 00 $ 12, 878. 04 10, 851. 12 194,194, 323.323. 9999
2016 -17 25, 057. 68 84, 625. 14 60, 912. 00 9, 946. 86 180, 541: 68
2017 -18 25, 057. 68 84, 625. 16 60, 912. 00 170. 594. 84
2018 -19 22, 969. 54 84, 625. 14 60, 912. 00 168, 506. 68
2019 -20 84, 625. 15 60, 912. 00 145, 537. 15
2020 -21 63, 468. 86 60, 912. 00 124, 380. 86
2021 -22 60, 912. 00 60, 912. 00
2022 -23 60, 912. 00 60, 912. 00