{ "document_id": 16528, "page": 36, "width_pt": 612, "height_pt": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "engine": "paddleocr_vl", "source_run_id": 16639, "item_count": 35, "counts_by_type": { "footer": 1, "heading": 4, "table": 2, "table_cell": 22, "text": 5, "title": 1 }, "build_ms": 7, "items": [ { "id": "p36.1", "order": 1, "type": "title", "bbox": { "l": 206.16, "t": 756.24, "r": 405.84, "b": 717.6 }, "text": "KENTUCKY STATE UNIVERSITY\nNOTES TO FINANCIAL STATEMENTS\nJUNE 30, 2024", "attrs": { "block_label": "doc_title" }, "level": 2 }, { "id": "p36.2", "order": 2, "type": "heading", "bbox": { "l": 51.36, "t": 674.88, "r": 318, "b": 660.72 }, "text": "NOTE 7 LONG-TERM LIABILITIES (CONTINUED)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p36.3", "order": 3, "type": "heading", "bbox": { "l": 105.36, "t": 649.44, "r": 295.68, "b": 636.48 }, "text": "General Receipt Bonds (Continued)", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p36.4", "order": 4, "type": "text", "bbox": { "l": 105.12, "t": 633.84, "r": 559.44, "b": 606.96 }, "text": "The principal and interest repayment requirements relating to the outstanding bonds payable at June 30, 2024, are as follows:" }, { "id": "p36.5", "order": 5, "type": "table", "bbox": { "l": 144.24, "t": 596.4, "r": 548.88, "b": 531.36 }, "text": "", "attrs": { "block_label": "table", "n_rows": 3, "n_cols": 7, "integrity": { "cells_checked": 12, "cells_flagged": 0 } }, "children": [ { "id": "p36.5.1", "order": 6, "type": "table_cell", "bbox": { "l": 147.54, "t": 594.9120800000001, "r": 242.699331, "b": 583.798841 }, "text": "Year Ending June 30,", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p36.5.2", "order": 7, "type": "table_cell", "bbox": { "l": 309.54, "t": 594.9120800000001, "r": 347.530986, "b": 583.798841 }, "text": "Principal", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 2, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p36.5.3", "order": 8, "type": "table_cell", "bbox": { "l": 402.450362, "t": 594.9120800000001, "r": 435.613468, "b": 583.798841 }, "text": "Interest", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 2, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p36.5.4", "order": 9, "type": "table_cell", "bbox": { "l": 498.491194, "t": 594.9120800000001, "r": 520.662872, "b": 583.798841 }, "text": "Total", "attrs": { "row": 0, "col": 3, "rowspan": 1, "colspan": 2, "bbox_refit": true, "column_header": true, "header_source": "heuristic" } }, { "id": "p36.5.5", "order": 10, "type": "table_cell", "bbox": { "l": 184.02306, "t": 582.554078, "r": 206.117222, "b": 546.724835 }, "text": "2025\n2026\n2027", "attrs": { "row": 1, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p36.5.6", "order": 11, "type": "table_cell", "bbox": { "l": 202.0457, "t": 583.392, "r": 259.8514, "b": 570.384 }, "text": "$", "attrs": { "row": 1, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p36.5.7", "order": 12, "type": "table_cell", "bbox": { "l": 324.725264, "t": 582.554078, "r": 360.554735, "b": 546.724835 }, "text": "300,000\n310,000\n325,000", "attrs": { "row": 1, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p36.5.8", "order": 13, "type": "table_cell", "bbox": { "l": 317.6571, "t": 583.392, "r": 375.4629, "b": 570.384 }, "text": "$", "attrs": { "row": 1, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p36.5.9", "order": 14, "type": "table_cell", "bbox": { "l": 420.805848, "t": 582.554078, "r": 451.126686, "b": 546.724835 }, "text": "36,231\n24,606\n12,594", "attrs": { "row": 1, "col": 4, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p36.5.10", "order": 15, "type": "table_cell", "bbox": { "l": 433.2686, "t": 583.392, "r": 491.0743, "b": 570.384 }, "text": "$", "attrs": { "row": 1, "col": 5, "rowspan": 1, "colspan": 1 } }, { "id": "p36.5.11", "order": 16, "type": "table_cell", "bbox": { "l": 505.755872, "t": 582.554078, "r": 541.610188, "b": 546.724835 }, "text": "336,231\n334,606\n337,594", "attrs": { "row": 1, "col": 6, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p36.5.12", "order": 17, "type": "table_cell", "bbox": { "l": 184.032998, "t": 545.121581, "r": 206.218589, "b": 534.008341 }, "text": "Total", "attrs": { "row": 2, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p36.5.13", "order": 18, "type": "table_cell", "bbox": { "l": 202.0457, "t": 544.368, "r": 259.8514, "b": 531.36 }, "text": "$", "attrs": { "row": 2, "col": 1, "rowspan": 1, "colspan": 1 } }, { "id": "p36.5.14", "order": 19, "type": "table_cell", "bbox": { "l": 324.725264, "t": 545.121581, "r": 360.549766, "b": 534.008341 }, "text": "935,000", "attrs": { "row": 2, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p36.5.15", "order": 20, "type": "table_cell", "bbox": { "l": 317.6571, "t": 544.368, "r": 375.4629, "b": 531.36 }, "text": "$", "attrs": { "row": 2, "col": 3, "rowspan": 1, "colspan": 1 } }, { "id": "p36.5.16", "order": 21, "type": "table_cell", "bbox": { "l": 420.805848, "t": 545.121581, "r": 451.113767, "b": 534.008341 }, "text": "73,431", "attrs": { "row": 2, "col": 4, "rowspan": 1, "colspan": 1, "bbox_refit": true } }, { "id": "p36.5.17", "order": 22, "type": "table_cell", "bbox": { "l": 433.2686, "t": 544.368, "r": 491.0743, "b": 531.36 }, "text": "$", "attrs": { "row": 2, "col": 5, "rowspan": 1, "colspan": 1 } }, { "id": "p36.5.18", "order": 23, "type": "table_cell", "bbox": { "l": 497.547084, "t": 545.121581, "r": 541.60025, "b": 534.008341 }, "text": "1,008,431", "attrs": { "row": 2, "col": 6, "rowspan": 1, "colspan": 1, "bbox_refit": true } } ] }, { "id": "p36.6", "order": 24, "type": "heading", "bbox": { "l": 105.36, "t": 519.12, "r": 204.48, "b": 506.16 }, "text": "Finance Purchase", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p36.7", "order": 25, "type": "text", "bbox": { "l": 104.16, "t": 504, "r": 560.88, "b": 425.52 }, "text": "During 2020, the University entered into a finance purchase for an energy management system. The obligation has an interest rate of 2.7095% and requires annual payments of principal and interest beginning in fiscal 2022 through 2036. The agreement grants a continuing first priority security interest in the equipment. In an event of a default, the lessor can accelerate the repayment of the lease payments. The obligation will be paid with guaranteed energy savings." }, { "id": "p36.8", "order": 26, "type": "text", "bbox": { "l": 104.4, "t": 415.2, "r": 560.64, "b": 375.6 }, "text": "The capitalized costs of assets acquired through the financed purchases included in the above schedule was $16,693,621 with accumulated amortization of $3,709,694 as of June 30, 2024. These assets are pledged as collateral in an event of default." }, { "id": "p36.9", "order": 27, "type": "text", "bbox": { "l": 104.64, "t": 364.8, "r": 560.4, "b": 337.68 }, "text": "The principal and interest repayment requirements relating to the energy management system obligation payable at June 30, 2024, are as follows:" }, { "id": "p36.10", "order": 28, "type": "table", "bbox": { "l": 143.52, "t": 327.6, "r": 549.6, "b": 212.16 }, "text": "", "attrs": { "block_label": "table", "n_rows": 1, "n_cols": 4, "integrity": { "cells_checked": 4, "cells_flagged": 0 } }, "children": [ { "id": "p36.10.1", "order": 29, "type": "table_cell", "bbox": { "l": 147.54, "t": 325.5138, "r": 242.699331, "b": 215.15700000000004 }, "text": "Year Ending June 30,\n2025\n2026\n2027\n2028\n2029\n2030-2034\n2035-2036\nTotal", "attrs": { "row": 0, "col": 0, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p36.10.2", "order": 30, "type": "table_cell", "bbox": { "l": 309.54, "t": 325.5138, "r": 360.562686, "b": 215.15700000000004 }, "text": "Principal\n$ 986,224\n1,013,127\n1,040,764\n1,069,154\n1,098,319\n5,957,688\n2,616,804\n$ 13,782,080", "attrs": { "row": 0, "col": 1, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p36.10.3", "order": 31, "type": "table_cell", "bbox": { "l": 402.450362, "t": 325.5138, "r": 451.119729, "b": 215.15700000000004 }, "text": "Interest\n$ 366,790\n339,887\n312,250\n283,860\n254,695\n807,384\n89,224\n$ 2,454,090", "attrs": { "row": 0, "col": 2, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } }, { "id": "p36.10.4", "order": 32, "type": "table_cell", "bbox": { "l": 492.031494, "t": 325.5138, "r": 541.616151, "b": 215.15700000000004 }, "text": "Total\n$ 1,353,014\n1,353,014\n1,353,014\n1,353,014\n1,353,014\n6,765,072\n2,706,028\n$ 16,236,170", "attrs": { "row": 0, "col": 3, "rowspan": 1, "colspan": 1, "bbox_refit": true, "merged_continuation": true } } ] }, { "id": "p36.11", "order": 33, "type": "heading", "bbox": { "l": 105.36, "t": 200.88, "r": 253.2, "b": 187.44 }, "text": "Certificates of Participation", "attrs": { "block_label": "paragraph_title" }, "level": 3 }, { "id": "p36.12", "order": 34, "type": "text", "bbox": { "l": 104.64, "t": 185.28, "r": 560.64, "b": 106.56 }, "text": "The 2021 Certificates of Participation (COPs) consist of 13 serial bonds with maturity dates ranging from November 1, 2024, to November 1, 2036, yield rate ranging from 0.55% to 1.91% and 5 term certificates with maturity dates ranging from November 1, 2038, to November 1, 2056, yield rates ranging from 2.64% to 3.29%. The pricing resulted in a 2.92% true interest cost. The debt service on the COPs will be funded by monthly lease payments by the University to the Trustee through November 2056." }, { "id": "p36.13", "order": 35, "type": "footer", "bbox": { "l": 296.64, "t": 46.32, "r": 315.12, "b": 34.56 }, "text": "(33)", "attrs": { "block_label": "number" } } ], "excluded_furniture": { "first": [], "last": [] } }