Comprehensive Annual Financial Report (CAFR) - Johnson City

CITY OF JOHNSON CITY, TENNESSEENOTES TO THE FINANCIAL STATEMENTSFor the Fiscal Year Ended June 30, 20114. DETAILED NOTES ON ALL FUNDS (CONTINUED):F. Long-Term Debt (continued):Governmental Activities (continued):Bonds Payable (continued):Local Government Public Improvement Bonds Series VII-1-1, 2011 issued December 29,2010,debt service requirements to maturity in 2034 are as follows:Fiscal YearEnding June 30 Principal Interest Total2012 $ 220,000 1,387,750 1,607,7502013 230,000 1,376,750 1,606,7502014 240,000 1,365,250 1,605,2502015 255,000 1,353,250 . 1,608,2502016 270,000 1,340,500 1,610,5002017-2021 1,735,000 6,476,500 8,211,5002022-2026 6,865,000 5,713,750 12,578,7502027-2031 10,645,000 3,457,250 14,102,2502032-2034 7,295,000 736,750 8,031,750$ 27,755,000 23,207,750 50,962,750Local Government Public Improvement Bonds Series VII-J-1, 2011 issued February, 24, 2011,debt service requirements to maturity in 2023 are as follows: ·Fiscal YearEnding June 30 Principal Interest Total2012 $ 157,900 185,864 343,7642013 173,690 208,065 381,7552014 . 309,484 199,380 508,8642015 328,432 184,585 513,0172016 337,906 168,858 506,7642017-2021 2,687,458 491,733 3,179,1912022-2023 625,284 36,380 661,664$ 4,620,154 1,474,865 6,095,01973