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NOTE 5 — LONG-TERM DEBT (CONTINUED)
<br />C. Changes in Long -Term Debt
<br />Governmental activities
<br />G.O. Capital Improvement Bonds
<br />G.O. Improvement Bonds
<br />Capital Equipment Certificates
<br />Compensated absences payable
<br />Net pension liability
<br />OPEB
<br />Total governmental activities
<br />Business type Activities
<br />Net pension liability
<br />Total governmental and business
<br />type activities
<br />D. Minimum Debt Payments
<br />Balance -
<br />Beginning
<br />of Year Additions
<br />$ 135,000 $ —
<br />26,985,000 895,000
<br />1,165,000 —
<br />774,743 611,349
<br />11,832,779 1,996,518
<br />515,011 57,318
<br />41,407,533 3,560,185
<br />639,331 83,240
<br />$ 42,046,864 $ 3,643,425
<br />Deletions
<br />Balance —
<br />End of Year
<br />Due Within
<br />One Year
<br />$ 135,000 $ — $ —
<br />1,805,000 26,075,000 1,955,000
<br />145,000 1,020,000 145,000
<br />538,890 847,202 550,681
<br />7,936,637 5,892,660 —
<br />6,838 565,491
<br />10,567,365
<br />140,920
<br />$ 10,708,285
<br />34,400,353
<br />581,651
<br />2,650,681
<br />$ 34,982,004 $ 2,650,681
<br />Minimum annual principal and interest payments required to retire bonds and capital equipment certificates
<br />are as follows:
<br />December 31,
<br />2018
<br />2019
<br />2020
<br />2021
<br />2022
<br />2023-2027
<br />2028-2032
<br />2033-2035
<br />Principal
<br />2,100,000
<br />2,1 85,000
<br />2,115,000
<br />2,1 85,000
<br />2,270,000
<br />9,170,000
<br />6,315,000
<br />755,000
<br />27,095,000
<br />Interest
<br />774,889
<br />712,145
<br />654,086
<br />595,193
<br />532,580
<br />1,864,525
<br />674,249
<br />52,763
<br />5,860,430
<br />79
<br />
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