USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
| Gross Debt |
Deductions | Net Debt |
|
|---|---|---|---|
| Local School Debt | $5,125,000.00 | $5,125,000.00 | $0.00 |
| Regional School Debt | $0.00 | ||
| Utility Fund Debt | |||
| $0.00 | |||
| $0.00 | |||
| $0.00 | |||
| $0.00 | |||
| $0.00 | |||
| Municipal Purposes | |||
| Debt Authorized (BNI) | $3,419,692.53 | $3,419,692.53 | |
| Notes Outstanding | $6,547,000.00 | $6,547,000.00 | |
| Bonds Outstanding | $10,580,000.00 | $10,580,000.00 | |
| Loans and Other Debt | $2,354,679.18 | $647,159.35 | $1,707,519.83 |
| Total (Current Year) | $28,026,371.71 | $5,772,159.35 | $22,254,212.36 |
Population (2020 census)
12,432
Per Capita Gross Debt
$2,254.37
Per Capita Net Debt
$1,790.07
3 Year Average Property Valuation
$1,670,247,035.33
Net Debt as % of 3 Year Average Property Valuation
1.33%
| Current Year Budget |
2026 Budget |
2027 Budget |
All Additional Future Years' Budgets |
|
|---|---|---|---|---|
| Utility Fund - Principal | ||||
| Utility Fund - Interest | ||||
| Bond Anticipation Notes - Principal | $113,000.00 | |||
| Bond Anticipation Notes - Interest | $261,153.00 | |||
| Bonds - Principal | $960,000.00 | $1,035,000.00 | $1,075,000.00 | $7,510,000.00 |
| Bonds - Interest | $364,275.00 | $331,925.00 | $297,675.00 | $1,745,663.00 |
| Loans & Other Debt - Principal | $230,194.00 | $235,194.00 | $235,194.00 | $1,456,164.00 |
| Loans & Other Debt - Interest | $19,413.00 | $16,663.00 | $13,663.00 | $34,077.00 |
| Total | $1,948,035.00 | $1,618,782.00 | $1,621,532.00 | $10,745,904.00 |
| Total Principal | $1,303,194.00 | $1,270,194.00 | $1,310,194.00 | $8,966,164.00 |
| Total Interest | $644,841.00 | $348,588.00 | $311,338.00 | $1,779,740.00 |
| % of Total Current Year Budget | 6.89% | |||
| Description | Debt Not Listed Above | |||
| Total Guarantees - Governmental | ||||
| Total Guarantees - Other | ||||
| Total Capital/Equipment Leases | $1,808,536.00 | $1,808,536.00 | $1,892,602.00 | $37,338,996.00 |
| Total Other | ||||