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CITY OF ORONO <br />NOTES TO FINANCIAL STATEMENTS (Continued) <br />December 31, 1989 <br />Note 5. LONG-TERM DEBT <br />A. Components of Long-Term Debt <br />m <br />le <br />m <br />H <br />m <br />M <br />General Long-Term Debt: <br />General Obligation Bends <br />G.O. Refunding Bonds <br />of 1976 <br />Improvement Bonds <br />of 1980 <br />Inprovement Bonds <br />of 1982 <br />Inprovcment Bonds <br />of 1985 <br />Vacation and severance <br />benefits payable <br />Total General <br />Long-Term Debt <br />Enterprise Find Debt: <br />Revenue Bonds - <br />G.O. Water and Sewer <br />Revenue Bonds of 1989 <br />Original <br />Issue <br />Interest <br />Rate <br />Issue <br />Date <br />Final <br />Maturity <br />Date <br />Balance <br />End of <br />Year <br />$2,635,0005.50- 6.00K 8-01-76 2-01-91$ 300,000 <br />$1,100,0007.10- 8.753;12-01-803-01-96 525,000 <br />$ 475,0006.50-10.003;12-01-82 >01-99 175,000 <br />$ 900,0005.50- 8.253;7-01-85 1-01-01 700,000 <br />N/A N/A H/A N/A 103,528 <br />1,803,528 <br />$2,300,000 6.10- 6.60X 9-16-89 2-01-02 2,300,000 <br />Total Long- <br />Term Debt $4,103,528 <br />B. Statement of Changes in Long-'Term Debt <br />m General <br />Hi Long-Term Enterprise <br />Debt Fund Debt Total <br />Long-term debt - <br />beginning of year $2,120,119$$2,120,119 <br />«Debt issued -2,300,0002.300.000 <br />Debt retired (325.000)-(325,000) <br />*Net change in vacation and <br />severance benefits payable 8.409 -8.409' ^ <br />Long-Term Debt - End of Year $1 .803,528$2,300,000$4,103,528 <br />-37-