|
APPENDIX III
<br /> General Obligation Debt Supported by Revenues and Special Assessments FINANCIAL STATEMENTS
<br /> Principal
<br /> Date Original Final Outstanding Excerpts from the City's annual financial statements from the years ended December 31, 1992,
<br /> of Issue Amount Purpose Maturity As of 5-2-93 1991 and 1990 are presented on the following pages. The City's financial statements are
<br /> audited annually by an independent certified public accounting firm. Governmental funds and
<br /> 7-25-88 $874,703 Water System (Capital Appreciation) 7-1-1993 $874,703 expendable trust funds are accounted for using the modified accrual basis of accounting.
<br /> 10-1-88 210,000 Sewer Revenue 10-1-1995 100,000 Proprietary funds are accounted for using the accrual basis of accounting. The readers should
<br /> be aware that the complete financial statements may contain additional data relating to the
<br /> Total $974,703 information presented here, which may interpret, explain or modify it.
<br /> Revenue Debt
<br /> Principal
<br /> Date Original Final Outstanding
<br /> of Issue Amount Purpose Maturity As of 5-2-93
<br /> 10-1-92 405,000 Liquor Store Refunding 1-1-1998 $405,000
<br /> Annual Debt Service Payments Including this Issue
<br /> G.O. Debt
<br /> Supported by Taxes G.O. Debt Supported
<br /> and Special Assessments(a) bV Tax Increments
<br /> Principal Principal
<br /> Year Principal & Interest Principal & Interest
<br /> r 1993 (at 5-2) (Paid) $ 5,316.25 (Paid) $ 55,077.50
<br /> 1994 $ 85,000 93,061.25 $ 330,000 430,617.50
<br /> 1995 110,000 145,694.00 355,000 435,592.50
<br /> 1996 30,000 51,366.00 375,000 433,842.50
<br /> 1997 30,000 50,376.00 400,000 435,405.00
<br /> 1998 30,000 49,296.00 220,000 236,240.00
<br /> 1999 30,000 48,126.00 30,000 37,945.00
<br /> 2000 30,000 46,881.00 35,000 40,100.00
<br /> 2001 30,000 45,576.00 40,000 41,780.00
<br /> 2002 30,000 44,211.00
<br /> 2003 30,000 42,786.00
<br /> 2004 30,000 41,316.00
<br /> 2005 35,000 44,801.00
<br /> 2006 35,000 42,981.00
<br /> 2007 35,000 41,108.00
<br /> 2008 35,000 39,183.00
<br /> 2009 40,000 42.240.00
<br /> Total $645,000 $874,318.50 $1,785,000 $2,146,600.00
<br /> - 6 - III-1
<br />
|