ACFR FY 2023 Final - Flipbook - Page 172
STATISTICAL SECTION
City of Eustis, Florida
Schedule 10
City of Eustis, Florida
Direct Governmental Activities Debt
September 30, 2023
Beginning
Debt
Governmental Revenue Bonds
2018 Note payable - Fire Ladder Truck
2020 CRA Loan - Land purchase
Total Debt
$
Increase in
Debt
Amount
Repaid
Debt
Outstanding
Percentage
Applicable
160,000
-
160,000
-
0ÿ00%
2,772,346
-
118,884
2,653,462
100ÿ00%
2,653,462
100.00%
2,932,346 $
- $
278,884 $
The 2018 Note payable is repaid with Sales Sur-Tax proceeds
The 2020 CRA Loan is repaid with incremental tax incomeÿ
The City of Eustis does not have any overlapping debt. All debt is secured through a specioc revenue source exclusive to the City of Eustis.
172
Annual Comprehensive Financial Report| For Fiscal Year Ending September 30, 2023
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