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Oct 6, 2008
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Bond 1-93
Bond 11-93
Bond 12-91
Bond 4-87
Bond 6-90
Bond 6-91
Bond 7-92
Bond 7-99
Bond 95
Budget Vs Actual Expenditures
Budget Vs Actual General Funds
Fund Balances
Summary Of Accounts





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Town Accountant

Bond 6-90

MULTI-PURPOSE BOND ISSUE  
ISSUED JUNE 1990  
                 
The proceeds of the bonds together with a privately placed bond for $3,000 due in Nov. 1990 amount to a total issue  
of $3,533,000. Debt service of $1,650,000 for Sewer Construction, $815,000 for Cronin Land Acquisition, $608,000  
for Construction of the Highway Garage is exempted from the tax levy limitations; $300,000 for Reconstruction of  
Roads, $100,000 for the Purchase of Land for a Public Safety Building are, also, the Town's obligation. The Water  
Department has $60,000 for Laying Pipes and Mains to be paid from water rates.  
                 
                 
DEBT SERVICE SCHEDULE  
                 
Fiscal Principal Interest Interest Total   Sewer Water  
Year Due Nov 15 Due Nov 15 Due May 15 Payment Town Deparment Department  
                 
1991 200,000.00 118,726.89 123,010.00 441,736.89 247,544.57 187,067.75 7,124.57  
1992 200,000.00 123,010.00 115,710.00 438,720.00 244,508.25 187,106.25 7,105.50  
1993 200,000.00 115,710.00 108,410.00 424,120.00 235,492.75 181,743.75 6,883.50  
1994 200,000.00 108,410.00 42,550.00 350,960.00 201,884.50 143,522.50 5,553.00  
1995 200,000.00 42,550.00 35,150.00 277,700.00 168,214.50 105,264.50 4,221.00  
1996 200,000.00 35,150.00 27,750.00 262,900.00 159,075.50 99,825.50 3,999.00  
1997 200,000.00 27,750.00 20,350.00 248,100.00 149,936.50 94,386.50 3,777.00  
1998 200,000.00 20,350.00 12,950.00 233,300.00 140,797.50 88,947.50 3,555.00  
1999 175,000.00 12,950.00 6,475.00 194,425.00 95,546.00 95,546.00 3,333.00  
2000 175,000.00 6,475.00 0.00 181,475.00 89,182.00 89,182.00 3,111.00  
                 
  1,950,000.00 611,081.89 492,355.00 3,053,436.89 1,732,182.07 1,272,592.25 48,662.57  
                 
Note: Balance of this bond refinanced November 1, 1993 and shown as a separate bond issue.

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