APPENDICES – Financial Statements and Supporting Schedules
CITY OF GREATER DANDENONG
LONG TERM FINANCIAL PLAN 2022 - 2031
Appendix J – Schedule of borrowings Budget 2021-22 $'000
2022-23 $'000
Financial Plan Projections 2025-26 2026-27 2027-28 $'000 $'000 $'000
2023-24 $'000
2024-25 $'000
2028-29 $'000
2029-30 $'000
2030-31 $'000
$15.2 million, 25 years fixed, 6.15%, 2011-12 Dandenong Civic Centre Municipal Building and Noble Park Aquatic Centre projects Principal repayments 502 534 Interest expense 720 689 Sub-total 1,223 1,222
562 657 1,219
604 620 1,224
642 581 1,223
681 541 1,222
723 499 1,221
769 452 1,221
815 404 1,219
870 352 1,222
$20 million, 25 years fixed, 6.44%, 2012-13 Dandenong Civic Centre Municipal Building project Principal repayments Interest expense Sub-total
562 1,048 1,610
596 1,011 1,607
633 974 1,606
672 929 1,601
721 884 1,605
774 835 1,609
818 786 1,603
874 729 1,603
931 670 1,602
989 608 1,598
$13.1 million, 25 years fixed, 6.44%, 2012-13 Dandenong Civic Centre Municipal Building project Principal repayments Interest expense Sub-total
368 687 1,055
390 662 1,052
414 638 1,052
440 608 1,048
473 579 1,051
507 547 1,054
536 515 1,050
572 477 1,050
610 439 1,049
648 398 1,046
$10 million, 10 years (5 years fixed), 2.56%, 2018-19 Springvale Community Precinct Project Principal repayments Interest expense Sub-total
940 200 1,140
964 176 1,140
988 152 1,140
998 147 1,145
1,028 117 1,145
1,059 85 1,145
1,091 53 1,144
1,124 20 1,144
$10 million, 10 years (5 years fixed), 1.68%, 2019-20 Springvale Community Precinct Project Principal repayments Interest expense Sub-total
1,000 144 1,144
1,000 128 1,128
1,000 111 1,111
1,000 96 1,096
1,000 129 1,129
1,000 100 1,100
1,000 73 1,073
1,000 44 1,044
EXISTING BORROWINGS
LONG TERM FINANCIAL PLAN 2022 - 2031
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1,000 16 1,016
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