Table 12:
Long Term Debt Purpose and Obligations as of 9/30/2025
| Description of Bonds | Purpose of Issue | Issued | Outstanding |
|---|
| Government Activities: | | | |
|---|
| CRA Loan - 2020 | Comm. Develop. | 3,000,000 | - |
|---|
| Total Governmental Activities | | $3,000,000 | $- |
|---|
| Business-Type Activities: | | | |
|---|
| Revenue Bonds, Series 2016 | Utility Improv. | $7,680,000 | $4,925,000 |
|---|
| Unamortized Bond Premium - 2016 | Utility Improv. | 504,691 | 323,646 |
|---|
| State Revolving Note Agreement SRF 350300 | Utility Improv. | 292,989 | 117,089 |
|---|
| State Revolving Note Agreement SRF 350302 | Nitrification | 5,264,258 | 2,005,621 |
|---|
| Total Business-Type Activities | | $13,741,938 | $7,371,356 |
|---|
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