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City of Melbourne issued $3,000,000 of general government, general obligation, 9%,20 year bonds at 102 on 6/1/2026, to finance a major general government capital project.

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City of Melbourne issued $3,000,000 of general government, general obligation, 9%,20 year bonds at 102 on 6/1/2026, to finance a major general government capital project. Interest is payable semiannually on each December 1 and June 1 during the term of the bonds. In addition, $150,000 of principal matures each June 1. If the City's FYE is 12/31, what amount of debt service expenditures should be reported for this DSF in 2026? If the City's FYE is 5/31 and City accumulates dedicated resources in the DSF by FYE sufficient to pay the principal and interest due on 6/1 of the next fiscal year, what is the maximum amount of debt service expenditures the city could report for FYE 5/31/2027? For both of the above questions, use commas in answers, but do not use dollar signs. City of Melbourne issued $3,000,000 of general government, general obligation, 9%,20 year bonds at 102 on 6/1/2026, to finance a major general government capital project. Interest is payable semiannually on each December 1 and June 1 during the term of the bonds. In addition, $150,000 of principal matures each June 1. If the City's FYE is 12/31, what amount of debt service expenditures should be reported for this DSF in 2026? If the City's FYE is 5/31 and City accumulates dedicated resources in the DSF by FYE sufficient to pay the principal and interest due on 6/1 of the next fiscal year, what is the maximum amount of debt service expenditures the city could report for FYE 5/31/2027? For both of the above questions, use commas in answers, but do not use dollar signs

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