ACFR FY 2022 FINAL BOOK - Flipbook - Page 110
FINANCIAL SECTION
City of Eustis, Florida
NOTES TO FINANCIAL STATEMENTS
Note 12 - Long-Term Debt
Note 12 - Long-Term Debt
Governmental Activities
Beginning
Balance
Governmental Activities:
Revenue Bonds and Note Payable:
Note payable - 2018 (Direct placement)
CRA Loan - 2020 (Direct placement)
Subtotal
Increases
$
323,514 $
2,887,812
$ 3,211,326 $
Decreases
Ending
Balance
Amounts
Due Within
One Year
- $ (163,514) $
160,000 $
(115,466)
2,772,346
- $ (278,980) $ 2,932,346 $
160,000
120,051
280,051
Other Liabilities:
Total OpEb Obligation
Net pension Liability
Compensated Absences
Total Other Liabilities
2,942,181
481,938
(1,537,733)
1,886,386
5,192,015
11,472,415
(1,951,425)
14,713,005
1,767,737
253,009
(569,215)
1,451,531
$ 9,901,933 $ 12,207,362 $(4,058,373) $ 18,050,922 $
282,837
282,837
Total Governmental Activities
$ 13,113,259 $ 12,207,362 $(4,337,353) $ 20,983,268 $
562,888
Business Type Activities
Beginning
Balance
Increases
Decreases
Ending
Balance
Amounts
Due Within
One Year
Business Type Activities:
Revenue Bonds:
Water & Sewer Revenue
bonds, Series 2016
Unamortized bond premium - 2016
Subtotal
$ 6,265,000 $
411,704
$ 6,676,704 $
- $ (315,000) $ 5,950,000 $
(20,700)
391,004
- $ (335,700) $ 6,341,004 $
330,000
21,686
351,686
Notes Payable - Direct Borrowings:
State Revolving Note Agreement
State Revolving Note Agreement
Subtotal
2,997,893
175,466
$ 3,173,359 $
(238,468)
2,759,425
(14,059)
161,407
- $ (252,527) $ 2,920,832 $
244,757
14,410
259,167
Notes Payable - Direct Placement:
Note payable - 2017
Subtotal
$
Total Revenue Bonds and Notes
Other Liabilities
Total OpEb Obligation
Net pension Liability
Compensated Absences
Total Other Liabilities
Total Business Type Activities
110
361,100
361,100 $
$ 10,211,163 $
$
489,251
19,573
406,806
915,630 $
$ 11,126,793 $
(361,100)
- $ (361,100) $
- $
-
- $ (949,327) $ 9,261,836 $
610,853
122,271
(132,933)
160,624
(20,786)
122,378
(181,144)
405,273 $ (334,863) $
478,589
159,411
348,040
986,040 $
67,325
67,325
405,273 $(1,284,190) $ 10,247,876 $
678,178
Annual Comprehensive Financial Report | September 30, 2022