USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
| Gross Debt |
Deductions | Net Debt |
|
|---|---|---|---|
| Local School Debt | $11,800,000.00 | $11,800,000.00 | $0.00 |
| Regional School Debt | $0.00 | ||
| Utility Fund Debt | |||
| Arts and Culture | $0.00 | ||
| Sewer | $5,125,500.00 | $5,125,500.00 | $0.00 |
| Parking | $0.00 | ||
| 0 | $0.00 | ||
| 0 | $0.00 | ||
| 0 | $0.00 | ||
| Municipal Purposes | |||
| Debt Authorized | $0.00 | ||
| Notes Outstanding | $7,893,995.55 | $7,893,995.55 | |
| Bonds Outstanding | $14,895,000.00 | $14,895,000.00 | |
| Loans and Other Debt | $4,818,701.32 | $1,884,467.91 | $2,934,233.41 |
| Total (Current Year) | $44,533,196.87 | $18,809,967.91 | $25,723,228.96 |
| Population (2010 census) | 12,432 |
| Per Capita Gross Debt | $3,582.14 |
| Per Capita Net Debt | $2,069.11 |
| 3 Yr. Average Property Valuation | $1,298,990,910.33 |
| Net Debt as % of 3 Year Avg Property Valuation | 1.98% |
| Current Year Budget |
2022 Budget |
2023 Budget |
All Additional Future Years' Budgets |
|
|---|---|---|---|---|
| Utility Fund - Principal | $40,000.00 | $60,000.00 | $60,000.00 | $900,000.00 |
| Utility Fund - Interest | $29,452.50 | $28,500.00 | $26,700.00 | $150,100.00 |
| Bond Anticipation Notes - Principal | ||||
| Bond Anticipation Notes - Interest | ||||
| Bonds - Principal | $1,765,000.00 | $1,625,000.00 | $1,655,000.00 | $9,850,000.00 |
| Bonds - Interest | $404,464.00 | $351,315.00 | $303,233.00 | $1,197,433.00 |
| Loans & Other Debt - Principal | $321,374.00 | $322,986.00 | $334,633.00 | $3,280,994.00 |
| Loans & Other Debt - Interest | $54,912.00 | $51,199.00 | $47,079.00 | $366,845.00 |
| Total | $2,615,202.50 | $2,439,000.00 | $2,426,645.00 | $15,745,372.00 |
| Total Principal | $2,126,374.00 | $2,007,986.00 | $2,049,633.00 | $14,030,994.00 |
| Total Interest | $488,828.50 | $431,014.00 | $377,012.00 | $1,714,378.00 |
| % of Total Current Year Budget | 10.56% | |||
| Description | Debt Not Listed Above | |||
| Total Guarantees - Governmental | ||||
| Total Guarantees - Other | ||||
| Total Capital/Equipment Leases | ||||
| Total Other | ||||