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• 12/31/11 Total bonded debt: <br />$8,430,000 as follows: <br />Balance Balance Primary <br />1/1/2011 Additions Deletions 12/31/2011 Funding Source <br />Governmental activities: <br />Tax increment bonds $4,140,000 $ ($135,000) $4,005,000 Tax increment <br />Improvement bonds 4,800,000 (375,000) 4,425,000 Special assessments <br />Total bonds <br />$8,940,000 $ ($510,000) $8,430,000 <br />• These bonds are being retired using <br />sources other than general property <br />taxes. <br />Copyright G)2012 M1.13 rautges Redpath, Ltd. <br />5 <br />HLB <br />TAUTGES REDPATH, LTD. <br />Certified Public Accountants <br />