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NOTE 5 — LONG-TERM DEBT (CONTINUED) • General Obligation Improvement Bonds (continued) — The Series 2016A were issued to fund the road improvements related to the reconstruction of Andrie Street and 164t' Lane and some overlay projects. The Series 2017A were issued to fund road improvements related to the reconstruction of Alpine Drive and Sunwood Drive. The Series 2018A were issued to fund road improvements related to the reconstruction of Riversbend Avenue and Stanhope Terrace. The Series 2020A were issued to fund approximately 50% of the construction costs of the Public Works Facility in the City. • Capital Equipment Certificates — Series 2013A certificates were issued to finance various capital equipment purchases and will be repaid via ad valorem levies. Series 2014A certificates were issued to finance various capital equipment purchases and will be repaid via ad valorem levies. Debt service is covered respectively by special assessments, state aids, and general property taxes. General Obligation bonds and equipment certificates are direct obligations and have the pledge of the full faith and credit of the City. • Compensated Absences — The liability represents vested benefits earned by Governmental Fund employees through the end of the year which will be paid or used in future periods. The General Fund is the primary fund used to liquidate this liability. • Net Pension Liability (NPL) — The liability represents the Citv's proportionate share of PERA's collective net pension liability. The General, Water Utility, Sewer Utility and Storni Water Utility funds will be used to liquidate this liability. • Total Other Post -Employment Benefits (OPEB) Liability — The liability represents non -pension benefits provided after the termination of employment. The General Fund is the primary fund used to liquidate this liability. C. Changes in Long -Term Debt Governmental activities G.O. Improvennent Bonds Capital Equipment Certificates Compensated absences payable Net pension liability Total OP F J-t liability Total governmental activities Business type Activities Net pension liability Balance - Beginunung Balance — Due Within of Year Additions Deletions End of Year One Year $ 23,165_.000 $ 9,055_.000 $ 3,895_.000 $ 28,325_000 $ 1,775_.000 725_.000 150_.000 575_.000 155,000 948_.700 751_.022 605_.859 1_093_.863 711__.011 4__.867_.794 2__.066.313 890_.191 6__.043.916 — 699_.412 133_.878 371,750 461,540 30,405.906 12,006,213 5.912,800 36,499,319 2,6-41,011 544_.0-1-4 23,883 58.912 509,015 Total governmental and business type activities $ 30,949,950 $ 12,030,096 $ 5,971,712 $ 37,008,334 $ 2,6-41,011 76