City of Plymouth Proposed 2022-2023 Budget - Flipbook - Page 264
CITY OF PLYMOUTH
OTHER DEBT OBLIGATIONS:
Dated
09/22/2015
03/27/2017
12/15/2019
05/18/2020
Description
Aerial Platform Fire Truck - Act 99 Loan*
2016 Ice Resurfacer
2020 Rosenbauer Pumper
2020 Swaploader
Maturity
Date
10/01/2025
03/27/2024
02/15/2026
05/18/2025
Amount
Outstanding
$145,730
53,188
402,759
168,810
$770,487
*Total Act 99 Loan issued at $462,596 by City of Northville subject to a shared payment interlocal governmental agreement for fire services between
the City of Plymouth and City of Northville based on relative number of fire runs annually--current estimated share is 59% for City of Plymouth and
41% for City of Northville. Amount outstanding above reflects estimated City of Plymouth share based on anticipated share of 59%.
Source: City of Plymouth
GENERAL FUND - FUND BALANCE:
Fiscal Year
Ended June 30
Fund Balance
2021
$3,773,582
2020
3,021,548
2019
1,983,201
2018
2,494,084
2017
1,393,595
Source: Audited Financial Statements
City of Plymouth Annual Disclosure
Page 7 of 7
