USER FRIENDLY BUDGET SECTION - OUTSTANDING DEBT; PER CAPITA AND BUDGET IMPACT
| Gross Debt | Deductions | Net Debt | Current Year Budget | 2019 Budget | 2020 Budget | All Additional Future Years' Budgets | |
|---|---|---|---|---|---|---|---|
| Local School Debt | $67,040,973.00 | $67,040,973.00 | $0.00 | Utility Fund - Principal | |||
| Regional School Debt | $0.00 | Utility Fund - Interest | |||||
| Bond Anticipation Notes - Principal | |||||||
| Utility Fund Debt | Bond Anticipation Notes - Interest | $0.00 | |||||
| 0 | $0.00 | Bonds - Principal | $3,190,000.00 | $3,240,000.00 | $6,135,000.00 | ||
| 0 | $0.00 | Bonds - Interest | $473,825.00 | $357,325.00 | $329,000.00 | ||
| 0 | $0.00 | Loans & Other Debt - Principal | $15,102.83 | $20,102.83 | $140,719.81 | ||
| 0 | $0.00 | Loans & Other Debt - Interest | $6,285.00 | $6,035.00 | $24,945.00 | ||
| 0 | $0.00 | Total | $3,685,212.83 | $3,623,462.83 | $6,629,664.81 | ||
| Municipal Purposes | |||||||
| Debt Authorized | $4,372,731.50 | $4,372,731.50 | Total Principal | $3,205,102.83 | $3,260,102.83 | $6,275,719.81 | |
| Notes Outstanding | $0.00 | $0.00 | Total Interest | $480,110.00 | $363,360.00 | $268,160.00 | |
| Bonds Outstanding | $19,295,000.00 | $5,256,905.79 | $14,038,094.21 | % of Total Current Year Budget | 8.34% | ||
| Loans and Other Debt | $293,175.00 | $293,175.00 | |||||
| Description | Debt Not Listed Above | ||||||
| Total (Current Year) | $91,001,879.50 | $72,297,878.79 | $18,704,000.71 | Total Guarantees - Governmental | |||
| Total Guarantees - Other | |||||||
| Population (2010 census) | 54,856 | Total Capital/Equipment Leases | |||||
| Total Other | |||||||
| Per Capita Gross Debt | $1,658.92 | ||||||
| Per Capita Net Debt | $340.97 | Bond Rating | Moody's | Standard & Poors | Fitch | ||
| Rating Year of Last Rating | Aa2 | AA+ | |||||
| 3 Yr. Average Property Valuation | $7,016,529,443.00 | 2016 | 2016 | ||||
| Net Debt as % of 3 Year Avg Property Valuation | 0.27% | Mark "X" if Municipality has no bond rating | |||||
| Sheet UFB-10 | |||||||