Laserfiche WebLink
CITY OF ORONO, MINNESOTA <br />Notes to Financial Statements (continued) <br />December 31, 1996 <br />• t <br />»« <br />* i <br />’■ ■ ”, <br />f-M <br />Cf <br />NOTE 5 - LONG-TERM DEBT (CONTINUED) <br />B. Statement of Changes in Long-Term Debt <br />General long-term debt <br />General Obligation Bonds <br />Public Facilities Revenue Bonds <br />Vacation and severance <br />benefits payable - net <br />Proprietary Fund debt <br />Revenue Bonds <br />C. Minimum Debt Payments <br />Minimum annual principal and interest payments required to retire long-term debt, excluding vacation and <br />severance benefits payable: <br />«I r <br />Balance Balance <br />Beginning End of t t <br />of Year Additions Retired Year _ <br />$ 2,245,(XX)$-$ 110,000 $ 2,135,000 <br />3,660,000 -190,000 3,470,000 <br />140.913 10.607 151.520 <br />6,045,913 10,607 300,000 5,756,520 • <br />ri <br />m <br />3.300.000 1.750.000 1.550.000 <br />$ 9.345.913 $10,607 $ 2.050.000 $ 7.306.520 <br />1 <br />’ I <br />m <br />•^4 <br />t <br />Year Ending <br />December 31 <br />General <br />Long-Term <br />Debt <br />Enterprise <br />Funds Total ► 1 <br />1997 $ 681,046 $305.350 $ 986.396 <br />1998 683,020 299.674 982,694 r <br />1999 681,152 305,513 986,665 ! ! <br />2000 672,204 306,524 978,728 <br />2001 668.376 291,036 959,412 <br />Thereafter 4.314.112 231.940 4.546.052 <br />- <br />$ 7.699.910 $1 1.740.037 $ 9,439.947