FY 27 Proposed Operating Budget

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 24 Audited FY 25 Audited FY 26 Approved Budget

FY 27 Proposed Budget

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

$1,810,664 $1,810,664

$966,643 $966,643

$1,290,000 $1,290,000

$1,000,000 $1,000,000

$963,783 $963,783

$883,279 $883,279

$860,000 $860,000

$1,000,000 $1,000,000 $2,000,000

TOTAL

$2,774,447

$1,849,922

$2,150,000

641