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CITY OF ST. ANTHONY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 2017
<br />
<br />
<br />
<br />
<br />BUSINESS-TYPE ACTIVITIES
<br />
<br />Final
<br />Interest Maturity Original Payable
<br />Rates Date Date Issue 12/31/17
<br />Revenue Bonds:
<br />G.O. Water and Sewer Revenue Refunding Bonds, Series 2013A 2.00% 4/16/2003 2/1/2024 $1,440,000 $975,000
<br />Issuance premiums (discounts)N/A 27,424
<br />Total - bonded indebtedness 1,440,000 1,002,424
<br />Compensated absences - 183,515
<br />Total City indebtedness - business-type activities 1,440,000 1,185,939
<br />Total City indebtedness $42,665,000 $33,807,571
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<br />
<br />Annual debt service requirements to maturity for long-term debt are as follows:
<br />
<br />Year Ending
<br />December 31 Principal Interest Principal Interest
<br />2018 $1,355,000 $397,526 $490,000 $74,950
<br />2019 1,415,000 341,785 500,000 65,050
<br />2020 1,295,000 310,018 515,000 54,900
<br />2021 1,180,000 280,563 530,000 44,450
<br />2022 1,065,000 252,386 545,000 33,564
<br />2023 1,100,000 223,608 320,000 24,457
<br />2024 1,120,000 192,989 155,000 19,155
<br />2025 1,145,000 161,038 160,000 15,332
<br />2026 980,000 130,248 160,000 11,253
<br />2027 885,000 102,904 165,000 6,944
<br />2028 735,000 80,173 170,000 2,338
<br />2029 760,000 59,569 - -
<br />2030 645,000 39,284 - -
<br />2031 495,000 22,469 - -
<br />2032 310,000 10,663 - -
<br />2033 205,000 3,075 - -
<br />Total $14,690,000 $2,608,298 $3,710,000 $352,393
<br />G.O. Improvement Bonds
<br />Governmental Activities
<br />G.O. Refunding Bonds
<br />
<br />60
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