City of Methuen Annual Report: 2012

C i t y o f M e t h u e n A n n u a l R e p o r t : 2 0 1 2Projected Principal Payments by PurposeThe following table sets forth the principal payments by purpose on outstanding debt of the City ofMethuen as of June 30, 2012.General Obligation BondsPrincipal Payments by PurposeAs of June 30, 2012FiscalTotalYear MWPAT (1) Landfill (2) School (3) General Water (4) Outstanding2013 $ 1,293,871 $ 195,000 $ 4,940,000 $ 1,225,000 $ 70,000 $ 7,723,8712014 1,355,233 195,000 5,075,000 810,000 75,000 7,510,2332015 1,387,752 185,000 4,960,000 685,000 80,000 7,297,7522016 1,348,921 185,000 4,860,000 430,000 85,000 6,908,9212017 1,376,050 185,000 4,055,000 305,000 100,000 6,021,0502018 1,403,612 5,000 - 300,000 100,000 1,808,6122019 1,431,811 5,000 - 295,000 100,000 1,831,8112020 1,429,859 5,000 - 295,000 100,000 1,829,8592021 1,458,169 5,000 - 45,000 110,000 1,618,1692022 1,487,050 5,000 - 45,000 110,000 1,647,0502023 1,516,517 - - 115,000 1,631,5172024 1,546,580 - - - 120,000 1,666,5802025 1,547,250 - - - 125,000 1,672,2502026 1,578,541 - - - 125,000 1,703,5412027 1,254,430 - - - 130,000 1,384,4302028 1,279,806 - - - 140,000 1,419,8062029 125,029 - - - - 125,0292030 62,641 - - - - 62,6412031 63,943 - - - - 63,9432032 26,961 - - - - 26,9612033 27,546 - - - - 27,546Total $ 23,001,572 $ 970,000 $ - $ 23,890,000 $ - $ 4,435,000 $ 1,685,000 $ 53,981,572_____________32(1) Does not reflect subsidy from the Massachusetts Water Pollution Abatement Trust; $22,307,851is outside the debt limit.