FY 26 Proposed Operating Budget Book

DEBT SERVICE Ag Preservation County: 661270 Principal, 662270 Interest

ORIGIN & PURPOSE: This account represents annual payments on installment contracts to purchase agricultural easements for Ag land preservation purposes. These contracts are for ten to twenty year periods.

Ag Preservation by Type

Debt Service Ag Pres County by Type

FY 23 Audited

FY 24 Audited

FY 25 Approved Budget

FY 26 Proposed Budget

Principal Payment Agricultural Preservation PRINCIPAL PAYMENT TOTAL Interest Payments Agricultural Preservation INTEREST PAYMENTS TOTAL

$4,428,880

$1,810,664

$966,643

$1,290,000

$4,428,880

$1,810,664

$966,643

$1,290,000

$1,119,400

$963,783

$883,279

$860,000

$1,119,400 $5,548,280

$963,783

$883,279

$860,000

TOTAL

$2,774,447

$1,849,922

$2,150,000

574