Table 9:
City of Eustis Outstanding Governmental and Business Activities Long-Term Debt as of September 30, 2025
| Beginning Balance | Increases | Decreases | Ending Balance | |
|---|---|---|---|---|
| Governmental Type Activities: | ||||
| Revenue Bonds and Notes Payable CRA Loan | 2,531,261 | - | (2,531,261) | - |
| Subtotal | 2,531,261 | - | (2,531,261) | - |
| Other Liabilities | ||||
| Total OPEB Obligation | 2,468,296 | 683,897 | - | 3,152,193 |
| Net Pension Liability | 7,837,984 | - | (391,397) | 7,446,587 |
| Compensated Absences | 1,851,043 | 567,456 | - | 2,418,499 |
| SBITA Liability | 142,343 | - | (134,369) | 7,974 |
| Lease Liability | 82,297 | 263,451 | (94,106) | 251,642 |
| Total Other Liabilities | 12,381,964 | 1,514,804 | (619,872) | 13,276,895 |
| Total Governmental Activities | $14,913,225 | $1,514,804 | $(3,151,133) | $13,276,895 |
| Business Type Activities: | ||||
| Revenue Bonds | ||||
| Water & Sewer Revenue | ||||
| Bonds, Series 2016 | 5,626,975 | (378,329) | 5,248,646 | |
| Subtotal | 5,626,975 | - | (378,329) | 5,248,646 |
| Notes Payable - Direct Borrowing: | ||||
| State Revolving Note Agreement SRF 350302 | 2,263,457 | - | (257,836) | 2,005,621 |
| State Revolving Note Agreement SRF 350300 | 132,227 | - | (15,138) | 117,089 |
| Subtotal | 2,395,684 | - | (272,974) | 2,122,710 |
| Total Revenue Bonds and Notes | 8,022,659 | - | (651,303) | 7,371,356 |
| Other Liabilities | ||||
| Total OPEB Obligation | 606,868 | - | 203,118 | 809,986 |
| Net Pension Liability | 307,177 | - | (58,289) | 248,888 |
| Compensated Absences | 504,617 | 219,654 | - | 724,271 |
| SBITA Liability | 28,522 | 41,973 | (70,495) | 0 |
| Total Other Liabilities | 1,447,184 | 261,626 | 74,334 | 1,783,145 |
| Total Business Type Activities | $9,469,843 | $261,626 | $(576,969) | $9,154,501 |
| Total Activities | $24,383,068 | $1,776,430 | $(3,728,102) | $22,431,396 |
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