USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
| Gross Debt |
Deductions | Net Debt |
|
|---|---|---|---|
| Local School Debt | $10,235,000.00 | $10,235,000.00 | $0.00 |
| Regional School Debt | $0.00 | ||
| Utility Fund Debt | |||
| Sewer | $5,020,500.00 | $5,020,500.00 | $0.00 |
| $0.00 | |||
| $0.00 | |||
| $0.00 | |||
| $0.00 | |||
| Municipal Purposes | |||
| Debt Authorized (BNI) | $1,654,999.73 | $1,654,999.73 | |
| Notes Outstanding | $6,660,000.00 | $6,660,000.00 | |
| Bonds Outstanding | $13,130,000.00 | $13,130,000.00 | |
| Loans and Other Debt | $4,497,326.27 | $1,735,149.72 | $2,762,176.55 |
| Total (Current Year) | $41,197,826.00 | $16,990,649.72 | $24,207,176.28 |
Population (2010 census)
12,432
Per Capita Gross Debt
$3,313.85
Per Capita Net Debt
$1,947.17
3 Year Average Property Valuation
$1,340,580,096.00
Net Debt as % of 3 Year Average Property Valuation
1.81%
| Current Year Budget |
2023 Budget |
2024 Budget |
All Additional Future Years' Budgets |
|
|---|---|---|---|---|
| Utility Fund - Principal | $60,000.00 | $60,000.00 | $60,000.00 | $840,000.00 |
| Utility Fund - Interest | $28,500.00 | $26,700.00 | $24,300.00 | $125,800.00 |
| Bond Anticipation Notes - Principal | ||||
| Bond Anticipation Notes - Interest | $49,950.00 | |||
| Bonds - Principal | $1,625,000.00 | $1,655,000.00 | $1,530,000.00 | $8,320,000.00 |
| Bonds - Interest | $351,500.00 | $303,233.00 | $250,346.00 | $947,087.00 |
| Loans & Other Debt - Principal | $332,195.00 | $334,633.00 | $350,694.13 | $2,930,299.87 |
| Loans & Other Debt - Interest | $52,700.00 | $47,079.00 | $44,257.50 | $322,588.00 |
| Total | $2,499,845.00 | $2,426,645.00 | $2,259,597.63 | $13,485,774.87 |
| Total Principal | $2,017,195.00 | $2,049,633.00 | $1,940,694.13 | $12,090,299.87 |
| Total Interest | $482,650.00 | $377,012.00 | $318,903.50 | $1,395,475.00 |
| % of Total Current Year Budget | 8.36% | |||
| Description | Debt Not Listed Above | |||
|---|---|---|---|---|
| Total Guarantees - Governmental | ||||
| Total Guarantees - Other | ||||
| Total Capital/Equipment Leases | ||||
| Total Other | ||||