Town Accountant
Bond 7-92
| MULTI-PURPOSE BOND ISSUE |
| ISSUED JULY 1992 |
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| The proceeds of this bond amount to $2,225,000. Debt service of $353,115 is for sewer construction; $1,847,885 for construction |
| of the Public Safety Building. The debt service on these projects is exempt from the tax levy limitations. The Water Department |
| is responsible for $24,000 for a partial bond for reservoir roof repair to be paid from water rates. |
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| DEBT SERVICE SCHEDULE |
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| Fiscal |
Principal due |
Interest due |
Interest Due |
Total |
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Sewer |
Water |
| Year |
July 1 |
July 1 |
January 1 |
Payment |
Town |
Debt |
Debt |
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| 1993 |
0.00 |
0.00 |
65,018.75 |
65,018.75 |
54,020.08 |
10,297.15 |
701.52 |
| 1994 |
125,000.00 |
65,018.75 |
60,268.75 |
250,287.50 |
207,005.91 |
40,589.47 |
2,692.12 |
| 1995 |
125,000.00 |
60,268.75 |
55,518.75 |
240,787.50 |
199,187.41 |
39,009.81 |
2,590.28 |
| 1996 |
125,000.00 |
55,518.75 |
51,300.00 |
231,818.75 |
191,806.13 |
37,518.49 |
2,494.13 |
| 1997 |
125,000.00 |
51,300.00 |
48,425.00 |
224,725.00 |
185,967.98 |
36,338.94 |
2,418.08 |
| 1998 |
125,000.00 |
48,425.00 |
45,425.00 |
218,850.00 |
181,132.86 |
35,362.04 |
2,355.10 |
| 1999 |
125,000.00 |
45,425.00 |
42,300.00 |
212,725.00 |
176,091.98 |
34,343.58 |
2,289.44 |
| 2000 |
125,000.00 |
42,300.00 |
39,112.50 |
206,412.50 |
170,896.79 |
33,293.94 |
2,221.77 |
| 2001 |
125,000.00 |
39,112.50 |
35,800.00 |
199,912.50 |
165,547.29 |
32,213.12 |
2,152.09 |
| 2002 |
125,000.00 |
35,800.00 |
32,393.75 |
193,193.75 |
160,017.76 |
31,095.92 |
2,080.07 |
| 2003 |
125,000.00 |
32,393.75 |
28,893.75 |
186,287.50 |
154,333.92 |
29,947.54 |
2,006.04 |
| 2004 |
125,000.00 |
28,893.75 |
25,331.25 |
179,225.00 |
148,521.48 |
28,773.19 |
1,930.33 |
| 2005 |
125,000.00 |
25,331.25 |
21,737.50 |
172,068.75 |
142,631.89 |
27,583.25 |
1,853.61 |
| 2006 |
125,000.00 |
21,737.50 |
18,112.50 |
164,850.00 |
136,690.86 |
26,382.92 |
1,776.22 |
| 2007 |
125,000.00 |
18,112.50 |
14,425.00 |
157,537.50 |
130,672.67 |
25,167.00 |
1,697.83 |
| 2008 |
125,000.00 |
14,425.00 |
10,675.00 |
150,100.00 |
124,551.61 |
23,930.29 |
1,618.10 |
| 2009 |
125,000.00 |
10,675.00 |
6,862.50 |
142,537.50 |
118,327.67 |
22,672.80 |
1,537.03 |
| 2010 |
125,000.00 |
6,862.50 |
3,050.00 |
134,912.50 |
112,275.28 |
21,181.93 |
1,455.29 |
| 2011 |
100,000.00 |
3,050.00 |
0.00 |
103,050.00 |
101,792.79 |
0.00 |
1,257.21 |
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2,225,000.00 |
604,650.00 |
604,650.00 |
3,434,300.00 |
2,861,472.36 |
535,701.38 |
37,126.26 |
Last Updated on 6/4/2001
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