BONDS AND NOTES FOR UTILITY FUND

IV. None

Utility

  1. Term bonds $ -
  2. Serial bonds
  3. Issued $ -
  4. Authorized but not issue $ -
  5. 3 Bond Anticipation Notes
  6. 4 Capital Notes (N.J.S.A. 40A:2-8)
  7. Issued $ -
  8. Authorized but not issued $ -
  9. Issued $ -
  10. Authorized but not issued $ -
  11. Issued $ -
  12. Authorized but not issued $ -

6 Total $ -

5 Other

DEDUCTIONS APPLICABLE TO BONDS AND NOTES FOR SELF-LIQUIDATING PURPOSES Self-Liquidating Utility Calculation

1. Total Cash Receipts from Fees, Rents or Other Charges for Year

  1. Anticipated Deficit in Dedicated Assessment Budget
  2. Total Debt Service
6. Total Debt Service$
7. Total Deductions (Line 2 plus Line 6)$
8. Excess in Revenues (Line 1 minus Line 7)$
9. Deficit in Revenues (Line 7 minus Line 1)$
10. Total Debt Service (Line 6)$
11. Deficit (smaller of Line 9 or Line 10)$
If Excess in Revenues (Line 8) all Utility Debt is Deductible
  • Gross None System Debt $ -
  • Less: Deficit (Capitalized at 5%), (Line 9 or line 11)
  • - times 20 -
  • Deduction $ -
  • Plus: Cash held to Pay Bonds and Notes included in 2 (a) above
  • Total Deduction (Deficit in revenues) $ -
  • NonDeductible Combined GO Debt

utility III