Debt Service

  • Current Fiscal Year End Date: June 30, 2016
  • Local Government Name: City of Marlette
  • Local Unit Code: 762025
Click on the headings below to view additional information and payment schedule information for the City of Marlette's outstanding debt.
  1. 2016 Refunding WWTP Bonds
  2. 2014 Water
  3. 2013 Refunding WWTP Bonds
  4. 2001 Streets


Wastewater Treatment Plant 2016 Refunding Bonds


  • 2016 Refunding Bonds of 1994 and 2006 Wastewater Treatment Plant Bonds
  • Loan Amount: $5,480,000
  • Loan Date: January 26, 2016
  • Debt Instrument: Bond
  • Repayment Source: Debt Service Charge Revenue
Years Ending
 Principal
 Interest
 Total
2017
 $100,000
 $168,249
 $268,249
2018
 $85,000 
 $179,030
 $264,030
2019
 $85,000 
 $177,330
 $262,330
2020
 $80,000 
 $175,680
 $255,680
2021
 $85,000
 $174,030
 $259,030
2022
 $95,000
 $172,230
 $267,230
2023
 $105,000
 $170,230
 $275,230
2024
 $105,000
 $168,130
 $273,130
2025
 $110,000
 $165,430
 $275,430
2026
 $110,000
 $162,130 
 $272,130
2027
 $110,000
 $158,280
 $262,280
2028
 $115,000 
 $153,780
 $268,780
2029
 $200,000
 $147,480
 $347,480
2030
 $205,000
 $139,380
 $344,380
2031
 $245,000
 $130,380
 $375,380
2032
 $250,000
 $120,480 
 $370,480 
2033
 $250,000 
 $110,480 
 $360,480 
2034
 $250,000 
 $101,730
 $351,730 
2035
 $245,000 
 $94,183 
 $339,183
2036
 $235,000
 $86,684
 $321,684 
2037
 $250,000 
 $78,983 
 $328,983 
2038
 $255,000
 $70,775
 $325,775
2039
 $250,000
 $62,380 
 $312,380 
2040
 $250,000 
 $53,943
 $303,943 
2041
 $240,000
 $45,553
 $285,553
2042
 $240,000 
 $37,213
 $277,213 
2043
 $235,000 
 $28,900
 $263,900 
2044
 $235,000 
 $20,616 
 $255,616 
2045
 $230,000 
 $12,363
 $242,363
2046
 $230,000
 $4,140
 $234,140
Totals
 $5,480,000 
 $3,370,189
 $8,850,189