D-22

BOROUGH OF SOMERVILLE SEWER UTILITY FUND ACCRUED INTEREST ON BONDS AND NOTES YEAR ENDED DECEMBER 31, 2021

REF.
Balance - December 31, 2020 D
$ 4,867.50
Increased by:
2021 Budget Accrued Interest D-4
29,452.50
34,320.00
Decreased by:
Cash Disbursements D-5
29,452.50
Balance - December 31, 2021 D
$ 4,867.50
Analysis of Balance - December 31, 2021:
Principal
Outstanding
12/31/21
Interest
Rate

From

To

Period

Amount
Bonds
Principal
Outstanding
12/31/21
$ 1,020,000.00
Interest
Rate
Various
From 11/01/21 To 12/31/21 Period 2 months Amount
$ 4,867.50
See Independent Auditors' Report
115