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'31 <br /> Outstanding Debt 12/31/03 <br /> • Road Improvement Bonds $ 7,790,000 <br /> • Tax Abatement Bonds $ 590,000 <br /> • Storm Sewer Revenue Bonds $ 1,445,000 <br /> • Water Sewer Revenue Bonds $ 2,200,000 <br /> • Public Facility/Lease Revenue $ 5,530,000 <br /> • Liquor Revenue Bonds $ 625,000 <br /> • Equipment Certificates $ 320,000 <br /> • Tax Increment Bonds $ 2,950,000 <br /> Total Debt $21,450,000 <br /> Audit Recommendations 2002 <br /> Reduce Comp-Time Liability <br /> Employees Take Those Hours Off <br /> City Consider Paying the Liability Down <br /> GASB 34 <br />