Debt Service Report







Local Unit Name:
Village of Colon
Local Unit Code:
753030
Current Fiscal Year End Date:
3/31/2015







Debt Name:
2000 Water Supply System DWRF Revenue Bonds
Issuance Date:
7/10/2000
Issuance Amount:
$1,923,655
Debt Instrument (or Type):
Bond
Repayment Source(s):
Water Revenue







Years Ending
Principal
Interest
Total







2000 $ - $ 2,535 $ 2,535
2001 $ - $ 23,859 $ 23,859
2002 $ 80,000 $ 45,107 $ 125,107
2003 $ 85,000 $ 44,985 $ 129,985
2004 $ 85,000 $ 42,904 $ 127,904
2005 $ 80,000 $ 40,841 $ 120,841
2006 $ 80,000 $ 38,841 $ 118,841
2007 $ 80,000 $ 36,841 $ 116,841
2008 $ 85,000 $ 34,779 $ 119,779
2009 $ 85,000 $ 32,654 $ 117,654
2010 $ 90,000 $ 30,466 $ 120,466
2011 $ 90,000 $ 28,216 $ 118,216
2012 $ 95,000 $ 25,904 $ 120,904
2013 $ 95,000 $ 23,529 $ 118,529
2014 $ 100,000 $ 21,091 $ 121,091
2015 $ 105,000 $ 18,529 $ 123,529
2016 $ 105,000 $ 15,904 $ 120,904
2017 $ 110,000 $ 13,216 $ 123,216
2018 $ 110,000 $ 10,466 $ 120,466
2019 $ 115,000 $ 7,654 $ 122,654
2020 $ 125,000 $ 4,654 $ 129,654
2021 $ 123,655 $ 1,546 $ 125,201
Totals $ 1,923,655 $ 544,521 $ 2,468,176







Debt Name:
2000 Water Supply System USDA Revenue Bonds
Issuance Date:
10/1/2001
Issuance Amount:
$805,000
Debt Instrument (or Type):
Bond
Repayment Source(s):
Water Revenue







Years Ending
Principal
Interest
Total
2001 $ 5,000 $ - $ 5,000
2002 $ 5,000 $ 41,000 $ 46,000
2003 $ 5,000 $ 40,744 $ 45,744
2004 $ 5,000 $ 40,487 $ 45,487
2005 $ 10,000 $ 40,231 $ 50,231
2006 $ 10,000 $ 39,719 $ 49,719
2007 $ 10,000 $ 39,206 $ 49,206
2008 $ 10,000 $ 38,694 $ 48,694
2009 $ 10,000 $ 38,181 $ 48,181
2010 $ 10,000 $ 37,669 $ 47,669
2011 $ 10,000 $ 37,156 $ 47,156
2012 $ 10,000 $ 36,644 $ 46,644
2013 $ 10,000 $ 36,131 $ 46,131
2014 $ 10,000 $ 35,619 $ 45,619
2015 $ 15,000 $ 35,106 $ 50,106
2016 $ 15,000 $ 34,338 $ 49,338
2017 $ 15,000 $ 33,569 $ 48,569
2018 $ 15,000 $ 32,800 $ 47,800
2019 $ 15,000 $ 32,031 $ 47,031
2020 $ 15,000 $ 31,263 $ 46,263
2021 $ 20,000 $ 30,494 $ 50,494
2022 $ 20,000 $ 29,469 $ 49,469
2023 $ 20,000 $ 28,444 $ 48,444
2024 $ 20,000 $ 27,419 $ 47,419
2025 $ 20,000 $ 26,394 $ 46,394
2026 $ 25,000 $ 25,369 $ 50,369
2027 $ 25,000 $ 24,088 $ 49,088
2028 $ 25,000 $ 22,806 $ 47,806
2029 $ 25,000 $ 21,525 $ 46,525
2030 $ 30,000 $ 20,244 $ 50,244
2031 $ 30,000 $ 18,706 $ 48,706
2032 $ 30,000 $ 17,169 $ 47,169
2033 $ 30,000 $ 15,631 $ 45,631
2034 $ 35,000 $ 14,094 $ 49,094
2035 $ 35,000 $ 12,300 $ 47,300
2036 $ 35,000 $ 10,629 $ 45,629
2037 $ 40,000 $ 8,703 $ 48,703
2038 $ 40,000 $ 6,663 $ 46,663
2039 $ 45,000 $ 4,613 $ 49,613
2040 $ 45,000 $ 1,153 $ 46,153
Totals $ 805,000 $ 1,066,498 $ 1,871,498