FY2016-17 Budget Final

City of DeSoto Debt Service Fund Expenditures

Debt Service Fund Expenditures By Category Total Budget $7,706,304

TRANSFER TO OTHER FUNDS 0.34%

Interest Exp 32.41%

Principal Exp 67.25%

Expenditures for the Debt Service Fund are budgeted at $7,706,304 – an increase of 2.66% from the previous year. Interest payments on bonds are budgeted to remain the same as prior year at $2.49 million. Principal payments are budgeted at $5.18 million, a 2.66% increase from the previous year. Transfers to other funds are budgeted at $26,300.

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