FY 23 Approved Budget Book

WATER & SEWER DEBT SERVICE FUND

FINANCIAL NOTES:

FY 22

FY 23

CHANGE

EXPLANATION OF INCREASE/DECREASE - EXPENDITURES

DEBT SERVICE:

8,619,660 8,697,896

78,236

Principal Payments - are adjusted to the amounts due on outstanding debt

3,922,340 3,597,914

(324,426)

Interest Payments - are adjusted to the amounts due on outstanding debt

8,922,000 8,429,190

(492,810)

Service Costs:

FY 22 6,000 60,000

FY 23 6,000 60,000

Change

Legal Services

0 0 0

Management Services

Other Professional Services

4,000

4,000

Contingency

8,522,000

8,029,190

(492,810)

Cost of Issuance

330,000

330,000

0

Totals

8,922,000

8,429,190

(492,810)

172