Debt Pro Forma
2023
2024
2025
2026
2027
2028
2029 2030
Bond Debt 2013B Refund KDHE/KDOT 2017A Refinan. 07A & 09A 2018A Library Construct. 2022A Interceptor Sewer 2022B - Indust. Park Taxable 2022C TN - Water Tower
$
622,278 $
630,978 $
634,278 $
177,278 $
178,635 $
174,875 175,875 $ $ 131,750
99,050 262,500 114,970 128,011
101,650 261,500 113,070 123,635
104,100 261,850 111,170 121,635
106,400 262,050 114,270 119,635
98,550 262,100 112,270 122,635
100,850 103,000 262,000 261,750 110,270 113,270 120,535 123,330
-
261,350 111,170 120,910
-
Excluded
-
-
-
-
-
-
$ 1,226,809 1,230,833 $ $ 1,233,033 $
779,633 $
774,190 $
768,530 777,225 $ $ 625,180
Inter-Local Debt No Current Interlocal Debt
$ $
- -
$ $
- -
$ $
- -
$ $
- -
$ $
- -
$ $
- -
$ $
- -
$ $
- -
Lease-Purchase Debt 2016 City Hall/Police Station
$
68,760 $
69,014 $
69,276 $
69,546 $
69,823 $
70,108 $
70,402 $
70,705 11,286
22,613 34,692
22,613 34,692
22,613 34,692
22,613 34,692
22,613 34,692
22,613 34,692
22,613
2020 Street Sweeper 2018 Fire Pumper
-
-
$
126,065 $
126,319 $
126,581 $
126,851 $
127,128 $
127,413 $
93,015 $
81,991
$ 1,352,874 1,357,152 $ $ 1,359,614 $
906,484 $
901,318 $
895,943 870,240 $ $ 707,171
Total Debt Obligations
Credit Rating Summary Rating Detail Date
Rating Description
Rating
Series 2022A/B Debt
2/2/2022 A2 - Moodys Considered upper medium grade and subject to low credit risk. 2/2/2022 A2 - Moodys Considered upper medium grade and subject to low credit risk. 2/2/2022 MIG 1 - Moodys Reflects long-term credit quality of City,history of market access & cash position.
Other Outstanding GO Debt Temp Notes Series 2022C
Note - Long-Term Debt Ratings are opinion of credit risk, or likelihood of default, for obligations with an original maturity of >1 year.
Debt Information
Debt Name
Date of Issue
Original Amt
Purpose
Maturity
2013B Refund KDHE/KDOT 2017A Refinan. 07A & 09A 2018A Library Construction 2022A Interceptor Sewer 2022B - Indust. Park Taxable 2022C TN - Water Tower
1/29/2013 11/21/2017 4/19/2018 2/28/2022
6,355,000 Refinance KDHE loans for water & sewer, KDOT loans for 24-40/Main & 2nd/Cox 1,860,000 Refinance 2007A and 2009A issuances. 2007A was for the Public Works facility. 3,660,000 Property acquisition & construction of new Public Library at 217 E 4th 1,060,000 Construction of an Interceptor Sewer from Tonganoxie Bus. Park to City plant 1,185,000 Refund 2013 refin of 2010 issuance for 2008 acq. of 240 acre business park 2,865,000 2022/2023 Business Park Water Tower construction temp note financing
8/1/2031 9/1/2029 9/1/2038 9/1/2032 9/1/2033 3/1/2023 9/1/2035 9/1/2028 3/1/2030
3/3/2022 3/3/2022
2016 City Hall/Police Station
2/2/2016
1,100,000 Lease Purchase for Improvements to New City Hall and Police Station
2018 Fire Pumper 2020 Street Sweeper
12/14/2018
300,449 Lease Purchase of a 2018 Pierce Saber Pumper Fire Truck
7/1/2020
209,888 2020 Elgin Pelican Street Sweeper
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