FY 2023 ADOPTED BUDGET AS OF 9-22-22 - Flipbook - Page 63
Strategic → Long Term Debt
Table 11:
City of Eustis Outstanding Governmental & Business Activity Long Term Debt
as of 09/30/2021
Beginning
Balance
Increases
Decreases
Ending
Balance
Governmental Type Activities:
Revenue Bonds and Notes Payable
Note Payable - 2018
Note Payable - 2016
CRA Loan
Subtotal
480,000
92,748
3,000,000
3,572,748
Other Liabilities
Total OPEB Obligation
Net Pension Liability
Compensated Absences
Total Other Liabilities
2,195,477 525,396 (882,117) 1,838,756
9,643,980 798,676 (5,250,641) 5,192,015
1,726,602 1,029,085 (987,950) 1,767,737
13,566,059 2,353,157 (7,120,708) 8,798,508
Total Governmental Activities
$17,138,807 $2,353,157 $(7,482,130) $12,009,834
Business Type Activities:
Revenue Bonds
Water & Sewer Revenue
Bonds, Series 2016
Unamortized Bond Premium - 2016
Subtotal
6,570,000
426,229
6,996,229
-
(305,000) 6,265,000
(14,525) 411,704
(319,525) 6,676,704
Notes Payable - Direct Borrowing:
State Revolving Note Agreement SRF 507010P
State Revolving Note Agreement SRF 350302
State Revolving Note Agreement SRF 350300
Subtotal
190,780
3,230,233
189,183
3,610,196
-
(190,780)
(232,340) 2,997,893
(13,717) 175,466
(436,837) 3,173,359
Notes Payable - Direct Placement:
Note Payable - 2017
Subtotal
722,200
722,200
-
(361,100) 361,100
(361,100) 361,100
Total Revenue Bonds and Notes
11,328,625
-
(1,117,462) 10,211,163
Other Liabilities
Total OPEB Obligation
Net Pension Liability
Compensated Absences
Total Other Liabilities
Total Business Type Activities
-
(160,000) 320,000
(89,234)
3,514
(112,188) 2,887,812
(361,422) 3,211,326
588,734 139,796 (239,279) 489,251
445,624
(426,051) 19,573
418,801 353,027
(365,022) 406,806
1,453,159 492,823 (1,030,352) 915,630
$12,781,784 $492,823 $(2,147,814) $11,126,793
City of Eustis, Florida
Adopted Annual Budget
61