b"City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2018 expected to require about 56 percent of net revenues and about 20 percent of total revenues.The total principal and interest remaining to be paid on the bonds is $1,981,900.Principal and interest paid for the current year were $503,286, net revenues were $892,517 and total revenues were $2,538,861.The City has pledged future electric revenues to repay the Municipal Electric System Refunding Revenue Bonds.The bonds are payable solely from net revenues and are payable through 2019.Net revenues include operating revenues, transfers, and interest income received by the electric utility less all operating expenses otherthandepreciationexpense.Annualprincipalandinterestpaymentsonthebondsareexpectedto require about 28 percent of net revenues and less than 3 percent of total revenues.The total principal and interest remaining to be paid on the bonds is $724,653.Principal and interest paid for the current year were $718,973, net revenues were $2,563,522 and total revenues were $28,649,207.As of December 31, 2018, the City's overall legal debt margin (the ability to issue additional amounts of generalobligationbondeddebt)was$25,384,796andtheunvotedlegaldebtmarginwas$12,360,593.Principal and interest requirements to retire the Citys long-term obligations outstanding at December 31, 2018, are as follows:Governmental ActivitiesVarious Purpose State Infrastructure Police andYear Ending General Obligation Bonds Bank Loan OPWC Loans Fire PensionDecember 31 Principal Interest Principal Interest Principal Principal Interest2019 $120,000 $58,900 $120,977 $2,729 $20,343 $9,129 $8,9162020 120,000 56,200 0 0 20,344 9,521 8,5242021 125,000 53,200 0 0 20,344 9,929 8,1162022 130,000 49,919 0 0 0 10,356 7,6892023 135,000 46,344 0 0 0 10,801 7,2442024-2028 750,000 167,675 0 0 0 61,376 28,8492029-2033 525,000 37,775 0 0 0 75,738 14,4872034-2035 0 0 0 0 0 25,502 1,062Total $1,905,000 $470,013 $120,977 $2,729 $61,031 $212,352 $84,887 Business-Type ActivitiesWaterworks System Revenue Municipal Electric System Municipal Electric SystemYear Ending and Land Purchase Bonds Revenue Bonds General Obligation BondsDecember 31 Principal Interest Principal Interest Principal Interest2019 $460,000 $38,454 $715,000 $9,653 $800,000 $161,4912020 465,000 29,070 0 0 815,000 145,9292021 480,000 19,584 0 0 360,000 129,1822022 480,000 9,792 0 0 370,000 119,7312023 0 0 0 0 380,000 109,5562024-2028 0 0 0 0 1,890,000 370,6702029-2031 0 0 0 0 1,095,000 79,125Total $1,885,000 $96,900 $715,000 $9,653 $5,710,000 $1,115,684 - 53 54 -"