USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
| Gross Debt |
Deductions |
Net Debt |
|
|---|---|---|---|
| Local School Debt | $10,875,000.00 | $10,875,000.00 | $0.00 |
| Regional School Debt | $0.00 | ||
| Utility Fund Debt | |||
| Sewer | $4,960,500.00 | $4,960,500.00 | $0.00 |
| Parking | $0.00 | ||
| $0.00 | |||
| $0.00 | |||
| $0.00 | |||
| $0.00 | |||
| Municipal Purposes | |||
| Debt Authorized (BNI) | $3,489,692.53 | $3,489,692.53 | |
| Notes Outstanding | $6,660,000.00 | $6,660,000.00 | |
| Bonds Outstanding | $11,505,000.00 | $11,505,000.00 | |
| Loans and Other Debt | $8,185,630.34 | $1,651,238.88 | $6,534,391.46 |
| Total (Current Year) | $45,675,822.87 | $17,486,738.88 | $28,189,083.99 |
Population (2020 census)
12,432
Per Capita Gross Debt
$3,674.05
Per Capita Net Debt
$2,267.46
3 Year Average Property Valuation
$1,424,070,244.67
Net Debt as % of 3 Year Average Property Valuation
1.98%
| Current Year Budget |
2024 Budget |
2025 Budget |
All Additional Future Years' Budgets |
|
|---|---|---|---|---|
| Utility Fund - Principal | $60,000.00 | $780,000.00 | ||
| Utility Fund - Interest | $27,000.00 | $99,800.00 | ||
| Bond Anticipation Notes - Principal | ||||
| Bond Anticipation Notes - Interest | $66,415.00 | |||
| Bonds - Principal | $1,740,000.00 | $1,655,000.00 | $1,435,000.00 | $10,375,000.00 |
| Bonds - Interest | $514,000.00 | $474,596.00 | $421,081.00 | $2,168,200.00 |
| Loans & Other Debt - Principal | $334,640.00 | $336,318.00 | $343,041.00 | $2,601,640.00 |
| Loans & Other Debt - Interest | $47,126.00 | $42,500.00 | $37,878.00 | $161,370.00 |
| Total | $2,789,181.00 | $3,388,214.00 | $2,237,000.00 | $15,306,210.00 |
| Total Principal | $2,134,640.00 | $2,771,318.00 | $1,778,041.00 | $12,976,640.00 |
| Total Interest | $654,541.00 | $616,896.00 | $458,959.00 | $2,329,570.00 |
| % of Total Current Year Budget | 11.59% | |||
| Description | Debt Not Listed Above | |||
|---|---|---|---|---|
| Total Guarantees - Governmental | ||||
| Total Guarantees - Other | ||||
| Total Capital/Equipment Leases | ||||
| Total Other | ||||