HomeMy WebLinkAboutCity of Rexburg COP Summary Analysis 08-22-2024 for new police stationCity of Rexburg
Analysis Summary of Annual Appropriation Lease
August 22, 2024
Assumptions
Rating "A1"
Security
Payment Dates 3/15 & 9/15 (Annual Principal on 9/15)
Interest Rates 8/22/2024 no cushion
Dated Date January 2025
Structure Level Debt Service
Summary of Scenarios
True Interest Cost (TIC) 3.85%4.31%
Term 20 yrs 30 yrs
Call Date 9/15/2034 9/15/2034
Project Proceeds 14,500,000$ 14,500,000$
Interest Cost 6,450,828$ 11,459,397$
Total Cost 20,950,828$ 25,959,397$
Average Annual Debt Service 1,047,541$ 865,313$
**Analysis provided by Zions Public Finance
Annual Appropriation Lease w/ pledge of
general revenues of the City