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NOTE 5 -- LONG -TERM DEBT
<br />A. Components of Long -Term Debt
<br />Governmental activities
<br />Bonds payable
<br />General Obligation Tax Increment Bonds
<br />Final Balance —
<br />Original Issue Interest Rate Issue Date Maturity Date End of Year
<br />Tax Increment Bonds, Series 1999A $ 1,195,000 4.00 -4.50% 1/1/1999 1/1/2013 550,000
<br />Tax Increment Bonds, Series 200013 $ 1,695,000 5.10 - 5.35% 6/1/2000 2/1/2009 450,000
<br />Tax Increment Bonds, Series 2001A $ 1,680,000 6.05 -6.75% 2/28/2001 12/15/2011 605,000
<br />Tax Increment Bonds, Series 2001C $ 1,045,000 3.05 -3.85% 12/3/2001 12/15/2009 315,000
<br />Tax Increment Bonds, Series 2006A $ 1,035,000 4.85 -5.15% 1/1/2006 12/1/2011 560,000
<br />Tax Increment Refunding Bonds,
<br />Series 2003B $ 1,285,000 1.45 -2.75% 7/1/2003 2/1/2010 530,000
<br />Tax Increment Refunding Bonds,
<br />Series 200713 $ 945,000 3,72 - -4.00% 3/1/2007 12/15/2014 935,000
<br />Total tax increment bonds 3,945,000
<br />General Obligation Capital Improvement
<br />Capital Improvement Refunding Bonds,
<br />Series 2004A $ 1,480,000 1,80 -4.00% 11/1/2004 2/1/2017 1,080,000
<br />General Obligation Improvement Bonds
<br />Series 200513 $ 4,335,000 2.75- 4.25% 6/1/2005 12/15/2025 4,010,000
<br />Lease Revenue Bonds
<br />Public Facility Lease Revenue Bonds
<br />Series 2005A (EDA) $ 19,200,000 4.00 -4.40% 6/I/2005 12/15/2027 19,200,000
<br />Total bonds payable 28,235,000
<br />Cap ital Equipment Certificates
<br />Capital Equipment Certificates
<br />of Indebtedness, Series 2004B $ 345,000 2.00 -2.90% 12/15/2004 12/15/2009 70,000
<br />Capital Equipment Certificates
<br />of Indebtedness, Series 2005C $ 745,000 3.25 -4.00% 12/15/2005 12/15/2010 400,000
<br />Capital Equipment Certificates
<br />of Indebtedness, Series 2007A $ 790,000 3.65 -3.75% 3/1/2007 2/1/2012 650,000
<br />Total capital equipment
<br />certificates
<br />Compensated absences payable
<br />Total governmental activities debt
<br />-40-
<br />1,120,000
<br />639,462
<br />$ 29,994,462
<br />
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