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Governor Whitmer signs executive order "Stay Safe; Stay Home" directing all Michiganders to stay home unless they are part of essential infrastructure and for all businesses to suspend in person services unless necessary to sustain or preserve life.  Click here for the Executive Order

In order to help decrease the spread of COVID-19, City of Westland Administrative Offices are closed to the public through May 31, 2020. Please review our online services and department contact emails and phone numbers located on our website.  City staff will still be responding to emails and voicemails as quickly as possible.  There are also two drop boxes located at City Hall for bill payments (no cash please) and document drop offs that will be checked daily.  Thank you for your patience in this unprecedented challenging time and please stay healthy. 

 

Debt Service Req. 2019-20

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Debt Service Requirements
Local Government Name: City of Westland
Local Unit Code: 822310
Current Fiscal Year End Date: 30-Jun-20
2018 Fire Truck Lease to Purchase
Issued March 2018
$ 680,000
Payments to come from the Capital Improvement Fund
Years Ending Principal Interest Total
30-Jun-20 $ 90,600 $ 20,319 $ 110,920
30-Jun-21 $ 93,708 $ 17,212 $ 110,920
30-Jun-22 $ 96,922 $ 13,998 $ 110,920
30-Jun-23 $ 100,247 $ 10,673 $ 110,920
30-Jun-24 $ 103,685 $ 7,235 $ 110,920
30-Jun-25 $ 107,242 $ 3,678 $ 110,920
Totals 592,404 73,115 665,520
City of Westland Building Authority Refunding Bonds
Issued November 2005
$ 3,970,000
Payments to come from General Fund & 911 Fund
Years Ending Principal Interest Total
30-Jun-20 $ 500,000 $ 10,000 $ 510,000
$ - $ - $ -
Totals $ 500,000 $ 10,000 $ 510,000
Michigan Municipal Bond Authority SQWIF 30-14-01
Issued April 2010
$2,556,586
Payments to come from Water & Sewer Revenue
Years Ending Principal Interest Total
30-Jun-20 $ 125,000 $ 39,180 $ 164,180
30-Jun-21 $ 130,000 $ 36,055 $ 166,055
30-Jun-22 $ 130,000 $ 32,805 $ 162,805
30-Jun-23 $ 135,000 $ 29,555 $ 164,555
30-Jun-24 $ 140,000 $ 26,180 $ 166,180
30-Jun-25 $ 140,000 $ 22,680 $ 162,680
30-Jun-26 $ 145,000 $ 19,180 $ 164,180
30-Jun-27 $ 150,000 $ 15,555 $ 165,555
30-Jun-28 $ 155,000 $ 11,805 $ 166,805
30-Jun-29 $ 155,000 $ 7,930 $ 162,930
30-Jun-30 $ 162,183 $ 4,055 $ 166,238
Totals $ 1,567,183 $ 244,975 $ 1,812,158
Michigan Municipal Bond Authority SRF 5398-01
Issued January 2010
$594,000
Payments to come from Water & Sewer Revenue
Years Ending Principal Interest Total
30-Jun-20 $ 25,000 $ 8,445 $ 33,445
30-Jun-21 $ 30,000 $ 7,820 $ 37,820
30-Jun-22 $ 30,000 $ 7,070 $ 37,070
30-Jun-23 $ 30,000 $ 6,320 $ 36,320
30-Jun-24 $ 30,000 $ 5,570 $ 35,570
30-Jun-25 $ 30,000 $ 4,808 $ 34,808
30-Jun-26 $ 30,000 $ 4,070 $ 34,070
30-Jun-27 $ 30,000 $ 1,660 $ 31,660
30-Jun-28 $ 35,000 $ 2,570 $ 37,570
30-Jun-29 $ 35,000 $ 1,695 $ 36,695
30-Jun-30 $ 32,794 $ 820 $ 33,614
Totals $ 337,794 $ 50,847 $ 388,641
City Hall lease purchase
Issued January 2014
$1,600,000
Payments to come from TIFA transfer
Years Ending Principal Interest Total
30-Jun-20 $ 100,000 $ 26,910 $ 126,910
30-Jun-21 $ 100,000 $ 24,310 $ 124,310
30-Jun-22 $ 115,000 $ 21,515 $ 136,515
30-Jun-23 $ 115,000 $ 18,525 $ 133,525
30-Jun-24 $ 120,000 $ 15,470 $ 135,470
30-Jun-25 $ 125,000 $ 12,285 $ 137,285
30-Jun-26 $ 130,000 $ 8,970 $ 138,970
30-Jun-27 $ 135,000 $ 5,525 $ 140,525
30-Jun-28 $ 145,000 $ 1,885 $ 146,885
Totals 1,085,000 135,395 $ 1,220,395
TIFA - City Hall & Fire Station Bonds
September 30, 2013
$16,500,000
Payments to come from TIFA Fund
Years Ending Principal Interest Total
30-Jun-20 680,000 $ 668,477 $ 1,328,069
30-Jun-21 705,000 $ 648,069 $ 1,328,394
30-Jun-22 725,000 $ 623,394 $ 1,322,113
30-Jun-23 755,000 $ 597,113 $ 1,321,913
30-Jun-24 785,000 $ 566,913 $ 1,312,663
30-Jun-25 825,000 $ 527,663 $ 1,311,413
30-Jun-26 865,000 $ 486,413 $ 1,308,163
30-Jun-27 905,000 $ 443,163 $ 1,302,913
30-Jun-28 955,000 $ 397,913 $ 1,305,163
30-Jun-29 1,000,000 $ 350,163 $ 1,300,163
30-Jun-30 1,050,000 $ 300,163 $ 1,297,663
30-Jun-31 1,105,000 $ 247,663 $ 1,297,413
30-Jun-32 1,160,000 $ 192,413 $ 1,291,513
30-Jun-33 1,220,000 $ 131,513 $ 1,253,731
30-Jun-34 1,285,000 $ 33,731 $ 1,285,000
Totals 14,020,000 6,214,758 # 19,566,281
2014 DDA - Farmers Market Bonds
Issued Aprill 2014
$3,290,000
Payments to come from DDA fund
Years Ending Principal Interest Total
30-Jun-20 $ 295,000 $ 51,438 $ 346,438
30-Jun-21 $ 305,000 $ 45,169 $ 350,169
30-Jun-22 $ 310,000 $ 37,544 $ 347,544
30-Jun-23 $ 320,000 $ 29,019 $ 349,019
30-Jun-24 $ 325,000 $ 20,219 $ 345,219
30-Jun-25 $ 335,000 $ 10,469 $ 345,469
$ $
Totals 1,890,000 193,856 # 2,083,856
2014 CIP Bonds
Issued September 2015
$5,000,000
Payments to come from Water Fund
Years Ending Principal Interest Total
30-Jun-20 $ 225,000 $ 148,875 $ 373,875
30-Jun-21 $ 225,000 $ 144,375 $ 369,375
30-Jun-22 $ 250,000 $ 137,625 $ 387,625
30-Jun-23 $ 250,000 $ 130,125 $ 380,125
30-Jun-24 $ 250,000 $ 122,625 $ 372,625
30-Jun-25 $ 275,000 $ 115,124 $ 390,124
30-Jun-26 $ 275,000 $ 104,125 $ 379,125
30-Jun-27 $ 300,000 $ 93,125 $ 393,125
30-Jun-28 $ 300,000 $ 83,750 $ 383,750
30-Jun-29 $ 350,000 $ 74,000 $ 424,000
30-Jun-30 $ 350,000 $ 60,000 $ 410,000
30-Jun-31 $ 400,000 $ 46,000 $ 446,000
30-Jun-32 $ 400,000 $ 30,000 $ 430,000
30-Jun-33 $ 400,000 $ 15,000 $ 415,000
Totals 4,250,000 1,304,749 # 5,554,749
2015 CIP Bonds
Issued June 2015
$11,400,000
Payments to come from Water Fund (85.1%) Sanitation Fund (14.9%)
Years Ending Principal Interest Total
30-Jun-20 465,000 $ 398,125 $ 863,125
30-Jun-21 485,000 $ 374,875 $ 859,875
30-Jun-22 515,000 $ 350,625 $ 865,625
30-Jun-23 535,000 $ 324,875 $ 859,875
30-Jun-24 565,000 $ 298,125 $ 863,125
30-Jun-25 590,000 $ 269,875 $ 859,875
30-Jun-26 625,000 $ 240,375 $ 865,375
30-Jun-27 640,000 $ 220,063 $ 860,063
30-Jun-28 665,000 $ 198,463 $ 863,463
30-Jun-29 690,000 $ 175,188 $ 865,188
30-Jun-30 710,000 $ 150,175 $ 860,175
30-Jun-31 740,000 $ 123,550 $ 863,550
30-Jun-32 765,000 $ 95,800 $ 860,800
30-Jun-33 800,000 $ 65,200 $ 865,200
30-Jun-34 830,000 $ 33,200 $ 863,200
Totals 9,620,000 3,318,513 # 12,938,513
Section 108 Loan
Issued September 2015
$575,000
Payments to come from Community Development Block Grant Funds
Years Ending Principal Interest Total
30-Jun-20 48,000 $ 9,046 $ 57,046
30-Jun-21 48,000 $ 9,641 $ 57,641
30-Jun-22 48,000 $ 8,413 $ 56,413
30-Jun-23 48,000 $ 7,185 $ 55,185
30-Jun-24 48,000 $ 5,945 $ 53,945
30-Jun-25 48,000 $ 4,676 $ 52,676
30-Jun-26 48,000 $ 3,379 $ 51,379
30-Jun-27 48,000 $ 2,035 $ 50,035
30-Jun-28 47,000 $ 674 47,674
Totals 431,000 50,995 # 481,995