Sarasota County, Florida Notes to Financial Statements September 30, 2022 E. Summary of Debt Service Requirements to Maturity The total annual debt service requirements to maturity of long-term bonds, notes and commercial paper debt were as follows: Governmental Activities Year Ending September 30 General Obligation Bonds Notes and Loans Payable General Obligation Commercial Paper Revenue Bonds Total Interest Total Principal and Interest 2023 $2,260,000 $17,590,512 $1,867,000 $21,045,000 $11,091,351 $53,853,863 2024 2,370,000 17,973,832 3,390,000 21,805,000 9,561,890 55,100,722 2025 2,495,000 10,887,514 2,129,000 5,800,000 7,974,626 29,286,140 2026 2,615,000 8,075,276 15,432,000 5,745,000 7,320,321 39,187,597 2027 2,745,000 6,975,000 2,765,000 5,990,000 6,722,937 25,197,937 2028-2032 15,705,000 14,510,000 - 33,005,000 24,989,017 88,209,017 2033-2037 18,640,000 - - 37,470,000 14,463,965 70,573,965 2038-2042 5,750,000 - - 30,555,000 5,027,067 41,332,067 2043-2047 - - - 11,035,000 1,220,490 12,255,490 52,580,000 76,012,134 25,583,000 172,450,000 $88,371,664 $414,996,798 Less: Unamortized bond discount - - - - Plus: Unamortized bond premium $5,677,432 - - $14,488,516 Net Debt $58,257,432 $76,012,134 $25,583,000 $186,938,516 128
RkJQdWJsaXNoZXIy MzM3Mjg=