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NOTE 5—LONG-TERM DEBT (CONTINUED) <br /> A Minimum Debt Payments <br /> Minimum annual principal and interest payments required to retire bonds and capital equipment certificates <br /> are as follows: <br /> Governmental Activities <br /> Bonded and Capital Equipment Certificate Debt <br /> Year Ending <br /> December 31, Principal Interest <br /> 2016 $ 1,735,000 $ 827,140 <br /> 2017 1,940,000 777,495 <br /> 2018 1,865,000 724,133 <br /> 2019 1,935,000 670,508 <br /> 2020 1,860,000 616,726 <br /> 2021-2025 9,245,000 2,287,051 <br /> 2026-2030 7,110,000 1,163,530 <br /> 2031-2035 2,680,000 256,415 <br /> $ 28,370,000 $ 7,322,998 <br /> 77 <br />