Town Accountant
Bond 7-99
| MULTI-PURPOSE BOND ISSUE |
| ISSUED JULY 1999 |
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| The proceeds of this bond amount to $5,540,000. Debt service of $2,500,000 for Town Hall Renovations, |
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| $2,195,464 for Library Renovations, $210,000 for a Fire Department Pumper Truck, $151,110 for the Purchase |
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| of the Senior Center Property are exempt from the tax levy limitations. $160,000 for Assessors Maps, $120,000 |
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| for a Transfer Station Building, and $66,110 for ADA Compliance for Town Buildings are within the tax levy |
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| limitations. $137,316 for Sewer Extension on Hollis Street is to be paid through Sewer Betterment Charges. |
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| DEBT SERVICE SCHEDULE |
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Principal |
Interest |
Interest |
Total |
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Sewer |
| FY |
Due July 15 |
Due July 15 |
Due Jan 15 |
Payment |
Town |
Betterment |
| 2000 |
0.00 |
0.00 |
142,191.88 |
142,191.88 |
138,716.09 |
3,475.79 |
| 2001 |
415,000.00 |
142,191.87 |
128,185.63 |
685,377.50 |
671,053.45 |
14,324.05 |
| 2002 |
415,000.00 |
128,185.62 |
114,438.75 |
657,624.37 |
643,810.57 |
13,813.80 |
| 2003 |
410,000.00 |
114,438.75 |
103,676.25 |
628,115.00 |
614,754.23 |
13,360.77 |
| 2004 |
300,000.00 |
103,676.25 |
96,926.25 |
500,602.50 |
487,613.69 |
12,988.81 |
| 2005 |
300,000.00 |
96,926.25 |
90,176.25 |
487,102.50 |
474,457.04 |
12,645.46 |
| 2006 |
300,000.00 |
90,176.25 |
83,426.25 |
473,602.50 |
461,300.39 |
12,302.11 |
| 2007 |
300,000.00 |
83,426.25 |
76,676.25 |
460,102.50 |
448,143.74 |
11,958.76 |
| 2008 |
300,000.00 |
76,676.25 |
69,776.25 |
446,452.50 |
434,840.91 |
11,611.59 |
| 2009 |
300,000.00 |
69,776.25 |
62,726.25 |
432,502.50 |
421,245.70 |
11,256.80 |
| 2010 |
285,000.00 |
62,726.25 |
55,886.25 |
403,612.50 |
392,718.12 |
10,894.38 |
| 2011 |
285,000.00 |
55,886.25 |
48,903.75 |
389,790.00 |
379,265.68 |
10,524.32 |
| 2012 |
285,000.00 |
48,903.75 |
41,850.00 |
375,753.75 |
365,605.21 |
10,148.54 |
| 2013 |
285,000.00 |
41,850.00 |
34,725.00 |
361,575.00 |
351,806.05 |
9,768.95 |
| 2014 |
285,000.00 |
34,725.00 |
27,600.00 |
347,325.00 |
337,941.45 |
9,383.55 |
| 2015 |
275,000.00 |
27,600.00 |
20,725.00 |
323,325.00 |
314,323.73 |
9,001.27 |
| 2016 |
275,000.00 |
20,725.00 |
13,643.75 |
309,368.75 |
300,754.45 |
8,614.30 |
| 2017 |
275,000.00 |
13,643.75 |
6,562.50 |
295,206.25 |
286,945.66 |
8,260.59 |
| 2018 |
250,000.00 |
6,562.50 |
0.00 |
256,562.50 |
248,778.39 |
7,784.11 |
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5,540,000.00 |
1,218,096.24 |
1,218,096.26 |
7,976,192.50 |
7,774,074.55 |
202,117.95 |
Last Updated on 6/4/2001
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