DeKalb County, Illinois

Financial

1997 Health Facility Bond Issue

(Refinanced in 2005 for Tax Levy Years After 2006)

 
             
             DEKALB COUNTY GOVERNMENT  
             
                         - FY 2006 BUDGET -  
             
       1997 BOND ISSUE:   HEALTH FACILITY  
    (Refinanced in 2005 for Tax Levy Years After 2006)
             
             
Paid            
County To PBC PBC          
Tax Oct 31 Retires          
Levy Fiscal Fiscal Dec 1st Interest Interest   Total
Year Year Year Principal Dec 1st Jun 1st Expense Payment
---------- ---------- ---------- -------------- ------------ ------------ ------------  ---------------
             
1995 1996 1997 0 0 0 0 0
1996 1997 1998 0 0 292,260 0 0
1997 1998 1999 0 292,261 292,261 25,000 901,781
1998 1999 2000 425,000 292,261 282,167 25,000 1,024,428
1999 2000 2001 440,000 282,167 271,716 25,000 1,018,883
2000 2001 2002 460,000 271,716 260,792 25,000 1,017,508
2001 2002 2003 485,000 260,792 249,151 25,000 1,019,943
2002 2003 2004 505,000 249,151 237,032 25,000 1,016,183
2003 2004 2005 530,000 237,031 224,312 25,000 1,016,343
2004 2005 2006 560,000 224,312 210,871 25,000 1,020,183
2005 2006 2007 585,000 210,871 196,832 25,000 1,017,703
2006 2007 2008 615,000 196,832 0 25,000 836,832
2007 2008 2009 0 0 0 0 0
    ---------------- --------------- -------------- ------------- ----------------
             
    4,605,000 2,517,393 2,517,394 250,000 9,889,787
    ========== ========= ========= ========  
             
      Less 1997 Tax Levy Year Escrow     (814,613)
             
  Total Lease Payments     9,075,173
            ========
             
Note: Principal payments are paid to bond-holders on December 1st  
   of the PBC fiscal year listed above.      
             
Bonds were re-financed in 2005 for Tax Years 2007 through 2015.  
             
Bonds are callable (and will be) beginning with the 2007 Tax Year.
             
The highest interest rate on callable bonds is 5.20%.    
             
These bonds were sold by the Public Building Commission  
             
These bonds were sold by the Public Building Commission.  

| Home | Return to top | Subject Index |