FY 26 Proposed Operating Budget Book

DEBT SERVICE Service Costs: General (664110); 664250 (Highways); 664270 (Ag Preservation County); 664290 (Watershed Management); 664310 (Tax Increment Financing); 664530 (Water & Sewer Debt Service)

ORIGIN & PURPOSE: These appropriations cover service costs that are associated with short and long-term debt. Charges here include bank trustee fees, auditing fees, and amortization of issuance fees for bond sales.

General Fund

Debt Service - Service Costs General Fund

FY 23 Audited

FY 24 Audited

FY 25 Approved Budget

FY 26 Proposed Budget

CONTRACTUAL SERVICES Professional Services Legal Services - Contractual

$12,028

$9,603

$30,000

$30,000

Other Professional Services

$0

$40,357

$10,000

$10,000

PROFESSIONAL SERVICES TOTAL CONTRACTUAL SERVICES TOTAL

$12,028 $12,028

$49,960 $49,960

$40,000 $40,000

$40,000 $40,000

DEBT SERVICE Other Expenses

Costs of Issuance

$243,983

$329,168

$600,000

$600,000

OTHER EXPENSES TOTAL

$243,983 $243,983 $256,011

$329,168 $329,168 $379,128

$600,000 $600,000 $640,000

$600,000 $600,000 $640,000

DEBT SERVICE TOTAL

TOTAL

578