Richmond City Council
February 24, 2022

Maximum
Special Taxes
Potential Surplus
Special Taxes
Maximum
Special Taxes
Potential Surplus
Special Taxes
FY 2023 Bonds 2025 Bonds 2028 Bonds Total Entire CFD
After all bonds for
infrastructure
have been sold 2024 Bonds 2032 Bonds 2040 Bonds Total Entire CFD After all bonds for
infrastructure
have been sold
2024 0 0 0 0 9,504,103 0 0 0 0 9,504,103
2025 0 0 0 0 9,694,185 0 0 0 0 9,694,185
2026 2,566,000 0 0 2,566,000 9,888,069 0 0 0 0 9,888,069 2027 2,566,000 0 0 2,566,000 10,085,830 2,566,000 0 0 2,566,000 10,085,830 2028 2,596,000 1,915,000 0 4,511,000 10,287,547 2,566,000 0 0 2,566,000 10,287,547 2029 2,649,500 1,915,000 0 4,564,500 10,493,297 2,596,000 0 0 2,596,000 10,493,297 2030 2,700,250 1,940,000 0 4,640,250 10,703,163 2,649,500 0 0 2,649,500 10,703,163 2031 2,753,250 1,978,750 1,915,000 6,647,000 10,917,227 4,270,227 2,700,250 0 0 2,700,250 10,917,227 2032 2,813,250 2,015,500 1,915,000 6,743,750 11,135,571 4,391,821 2,753,250 0 0 2,753,250 11,135,571 2033 2,864,750 2,055,250 1,940,000 6,860,000 11,358,283 4,498,283 2,813,250 0 0 2,813,250 11,358,283 2034 2,923,000 2,097,750 1,978,750 6,999,500 11,585,448 4,585,948 2,864,750 0 0 2,864,750 11,585,448 2035 2,982,500 2,137,750 2,015,500 7,135,750 11,817,157 4,681,407 2,923,000 1,915,000 0 4,838,000 11,817,157 2036 3,043,000 2,180,250 2,055,250 7,278,500 12,053,500 4,775,000 2,982,500 1,915,000 0 4,897,500 12,053,500 2037 3,104,250 2,225,000 2,097,750 7,427,000 12,294,570 4,867,570 3,043,000 1,940,000 0 4,983,000 12,294,570 2038 3,166,000 2,271,750 2,137,750 7,575,500 12,540,462 4,964,962 3,104,250 1,978,750 0 5,083,000 12,540,462 2039 3,228,000 2,315,250 2,180,250 7,723,500 12,791,271 5,067,771 3,166,000 2,015,500 0 5,181,500 12,791,271 2040 3,295,000 2,360,500 2,225,000 7,880,500 13,047,097 5,166,597 3,228,000 2,055,250 0 5,283,250 13,047,097 2041 3,361,500 2,407,250 2,271,750 8,040,500 13,308,038 5,267,538 3,295,000 2,097,750 0 5,392,750 13,308,038 2042 3,427,250 2,460,250 2,315,250 8,202,750 13,574,199 5,371,449 3,361,500 2,137,750 0 5,499,250 13,574,199 2043 3,497,000 2,509,000 2,360,500 8,366,500 13,845,683 5,479,183 3,427,250 2,180,250 1,915,000 7,522,500 13,845,683 6,323,183 2044 3,565,250 2,558,500 2,407,250 8,531,000 14,122,597 5,591,597 3,497,000 2,225,000 1,915,000 7,637,000 14,122,597 6,485,597 2045 3,636,750 2,608,500 2,460,250 8,705,500 14,405,049 5,699,549 3,565,250 2,271,750 1,940,000 7,777,000 14,405,049 6,628,049 2046 3,711,000 2,658,750 2,509,000 8,878,750 14,693,150 5,814,400 3,636,750 2,315,250 1,978,750 7,930,750 14,693,150 6,762,400 2047 3,782,500 2,714,000 2,558,500 9,055,000 14,987,013 5,932,013 3,711,000 2,360,500 2,015,500 8,087,000 14,987,013 6,900,013 2048 3,856,000 2,768,750 2,608,500 9,233,250 15,286,753 6,053,503 3,782,500 2,407,250 2,055,250 8,245,000 15,286,753 7,041,753 2049 3,936,000 2,822,750 2,658,750 9,417,500 15,592,488 6,174,988 3,856,000 2,460,250 2,097,750 8,414,000 15,592,488 7,178,488 2050 4,016,750 2,880,750 2,714,000 9,611,500 15,904,338 6,292,838 3,936,000 2,509,000 2,137,750 8,582,750 15,904,338 7,321,588 2051 4,092,750 2,937,250 2,768,750 9,798,750 16,222,425 6,423,675 4,016,750 2,558,500 2,180,250 8,755,500 16,222,425 7,466,925 2052 4,178,750 2,997,000 2,822,750 9,998,500 16,546,873 6,548,373 4,092,750 2,608,500 2,225,000 8,926,250 16,546,873 7,620,623 2053 4,258,750 3,054,500 2,880,750 10,194,000 16,877,811 6,683,811 4,178,750 2,658,750 2,271,750 9,109,250 16,877,811 7,768,561 2054 4,347,500 3,119,500 2,937,250 10,404,250 17,215,367 6,811,117 4,258,750 2,714,000 2,315,250 9,288,000 17,215,367 7,927,367 2055 4,434,000 3,181,250 2,997,000 10,612,250 17,559,674 6,947,424 4,347,500 2,768,750 2,360,500 9,476,750 17,559,674 8,082,924 2056 4,522,750 3,244,500 3,054,500 10,821,750 17,910,868 7,089,118 4,434,000 2,822,750 2,407,250 9,664,000 17,910,868 8,246,868 2057 4,613,000 3,308,750 3,119,500 11,041,250 18,269,085 7,227,835 4,522,750 2,880,750 2,460,250 9,863,750 18,269,085 8,405,335 2058 0 3,373,500 3,181,250 6,554,750 18,634,467 12,079,717 4,613,000 2,937,250 2,509,000 10,059,250 18,634,467 8,575,217 2059 0 3,443,250 3,244,500 6,687,750 19,007,156 12,319,406 0 2,997,000 2,558,500 5,555,500 19,007,156 13,451,656 2060 0 0 3,308,750 3,308,750 19,387,299 16,078,549 0 3,054,500 2,608,500 5,663,000 19,387,299 13,724,299 2061 0 0 3,373,500 3,373,500 19,775,045 16,401,545 0 3,119,500 2,658,750 5,778,250 19,775,045 13,996,795 2062 0 0 3,443,250 3,443,250 20,170,546 16,727,296 0 3,181,250 2,714,000 5,895,250 20,170,546 14,275,296 2063 0 0 0 0 20,573,957 20,573,957 0 3,244,500 2,768,750 6,013,250 20,573,957 14,560,707 2064 0 0 0 0 20,985,436 20,985,436 0 3,308,750 2,822,750 6,131,500 20,985,436 14,853,936 2065 0 0 0 0 21,405,145 21,405,145 0 3,373,500 2,880,750 6,254,250 21,405,145 15,150,895 2066 0 0 0 0 21,833,248 21,833,248 0 3,443,250 2,937,250 6,380,500 21,833,248 15,452,748 2067 0 0 0 0 22,269,913 22,269,913 0 0 2,997,000 2,997,000 22,269,913 19,272,913 2068 0 0 0 0 22,715,311 22,715,311 0 0 3,054,500 3,054,500 22,715,311 19,660,811 2069 0 0 0 0 23,169,617 23,169,617 0 0 3,119,500 3,119,500 23,169,617 20,050,117 2070 0 0 0 0 23,633,009 23,633,009 0 0 3,181,250 3,181,250 23,633,009 20,451,759 2071 0 0 0 0 24,105,670 24,105,670 0 0 3,244,500 3,244,500 24,105,670 20,861,170 2072 0 0 0 0 24,587,783 24,587,783 0 0 3,308,750 3,308,750 24,587,783 21,279,033 2073 0 0 0 0 25,079,539 25,079,539 0 0 3,373,500 3,373,500 25,079,539 21,706,039 2074 0 0 0 0 25,581,129 25,581,129 0 0 3,443,250 3,443,250 25,581,129 22,137,879 2075 0 0 0 0 26,092,752 26,092,752 0 0 0 0 26,092,752 26,092,752 Total 110,488,250 82,455,750 82,455,750 275,399,750 855,525,210 528,317,017 110,488,250 82,455,750 82,455,750 275,399,750 855,525,210 425,713,692 Scenario 1 Scenario 2
Special Tax Bonds: Net Debt Service
ATTACHMENT 3