G.O. Improvement and Equipment Bonds, Series 2021A

The terms

From the audited financial statements' long-term-debt notes. See the source page

What will this cost altogether?

The total repayment is the principal plus the scheduled interest. The city's audited statements print scheduled interest for all of its bonds together, not issue by issue, so this page does not compute a total for the 2021A bonds. The rate is a range, 1.00-2.00%, that differs by maturity year, so no single rate gives the interest either.

Audited long-term-debt note

How much remains?

About 29% of the principal was repaid by the end of 2025. $1,900,000 of the $2,680,000 borrowed was still owed, with the final payment due in 2032.

Principal only, from the audited year-end balances in the table below. Interest is not included.

What the money paid for

• Street / road projectsource p.49

  Source description: 183rd Lane, 184th Avenue, 185th Lane, Salish Circle, Ventre Street, Waco Street, and Yakima Street (Rogers Lake Area) improvements

  “street improvements designated as the 189th Lane, 190th Lane, and Dolomite Street Improvements, the Krypton Street, 183rd Avenue, and Merles Lane Improvements, the Ebony Street and Garnet Street (Will…”

• Street / road projectsource p.49

  Source description: 189th Lane, 190th Lane, and Dolomite Street improvements

  “street improvements designated as the 189th Lane, 190th Lane, and Dolomite Street Improvements, the Krypton Street, 183rd Avenue, and Merles Lane Improvements, the Ebony Street and Garnet Street (Will…”

• Street / road projectsource p.49

  Source description: Ebony Street and Garnet Street (Willow Creek) improvements

  “street improvements designated as the 189th Lane, 190th Lane, and Dolomite Street Improvements, the Krypton Street, 183rd Avenue, and Merles Lane Improvements, the Ebony Street and Garnet Street (Will…”

• Extrication Tools$30,000source p.63

  “Extrication Tools | 30,000 | 10”

• Street / road projectsource p.49

  Source description: Krypton Street, 183rd Avenue, and Merles Lane improvements

  “street improvements designated as the 189th Lane, 190th Lane, and Dolomite Street Improvements, the Krypton Street, 183rd Avenue, and Merles Lane Improvements, the Ebony Street and Garnet Street (Will…”

• Self-Contained Breathing Apparatus$52,000source p.63

  “Self-Contained Breathing Apparatus | 52,000 | 15”

• Sterling Truck$270,000source p.63

  “Sterling Truck | $270,000 | 15”

• Plow / dump truck$450,000source p.63

  Source description: Tanker Truck

  “Tanker Truck | 450,000 | 25”

• Toro Lawnmower$75,000source p.63

  “Toro Lawnmower | 75,000 | 10”

How the repayment is going

Principal still owed at each year-end, from the audits. Where the audit does not print the year's payment, the amount paid down is the drop in the balance from the year before.

What it costs taxpayers

Budget and levy lines naming this issue, from the adopted budgets.