Oct 6, 2008


	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

RSS feeds

Town Accountant

Bond 6-91

MULTI-PURPOSE BOND ISSUE
ISSUED JUNE 1991

The proceeds of this bond amount to $3,330,000. Debt service of $1,626,000 is for Sewer Construction; $746,750
for Transfer Station Construction; $333,000 for Road Construction; $240,000 for Landfill Capping; $184,250 for
Highway Garage Construction. The debt service on these projects is exempted from the tax levy limitations. The
Water Department is responsible for $200,000 for the construction of the Route 40 Water Main to be paid from
water rates.

DEBT SERVICE SCHEDULE

Fiscal	Principal	Interest	Interest	Total		Sewer	Water
Year	Due May 1	Due Nov 1	Due May 1	Payment	Town	Department	Department
1992	200,000.00	133,910.11	61,057.50	394,967.61	201,211.85	170,582.42	23,173.34
1993	200,000.00	102,557.50	102,557.50	405,115.00	204,001.63	177,292.12	23,821.25
1994	200,000.00	94,057.50	49,800.00	343,857.50	179,390.82	144,388.18	20,078.50
1995	200,000.00	41,300.00	41,300.00	282,600.00	154,780.01	111,484.24	16,335.75
1996	200,000.00	33,800.00	33,800.00	267,600.00	146,342.51	105,784.24	15,473.25
1997	200,000.00	28,250.00	28,250.00	256,500.00	140,098.76	101,566.24	14,835.00
1998	200,000.00	22,650.00	22,650.00	245,300.00	133,797.76	97,311.24	14,191.00
1999	200,000.00	16,950.00	16,950.00	233,900.00	126,386.26	93,978.24	13,535.50
2000	200,000.00	11,150.00	11,150.00	222,300.00	79,169.26	130,262.24	12,868.50
2001	175,000.00	5,250.00	5,250.00	185,500.00	74,995.00	98,315.00	12,190.00

	1,975,000.00	489,875.11	372,765.00	2,837,640.11	1,440,173.86	1,230,964.16	166,502.09

Note:	Balance of this bond refinanced November 1, 1993 and shown as a separate bond issue.

Brought to you by the Groton Web Committee

Contact Webmaster