D. Long-term debt and liabilities (continued)

City Council Meeting · 2026-04-28 · agenda_item

The City of Clermont is continuing its review of long-term debt and liabilities. This review includes detailed financial information regarding governmental activities and notes payable for the year ending September 30, 2022. The information presented outlines principal and interest payments scheduled through 2042 for various revenue notes, including Capital Improvement Refunding Revenue Note, Series 2021A, Taxable Capital Improvement Revenue Note, Series 2021B, and Capital Improvement Revenue Note, Series 2021C. This item is currently under review by the City Council. While no new construction is detailed, understanding these financial obligations is crucial for future planning and potential infrastructure projects. Businesses involved in financial services, accounting, and legal services may find opportunities to engage with the city as these long-term financial plans are managed and potentially updated. Early engagement can provide insights into upcoming needs.

Principal

156,000 $

Interest

75,960 $

Principal

171,000 $

Interest

115,088 $

Principal

163,000 $

Interest

69,314 $

Principal

180,000 $

Interest

105,573 $

Principal

166,000 $

Interest

65,874 $

Principal

185,000 $

Interest

100,623 $

Principal

170,000 $

Interest

62,372 $

Principal

190,000 $

Interest

95,535 $

Principal

903,000 $

Interest

256,597 $

Principal

1,033,000 $

Interest

396,248 $

Principal

9,986,000 $

Interest

397,443 $

Principal

1,002,000 $

Interest

157,279 $

Principal

1,183,000 $

Interest

246,235 $

Principal

881,000 $

Interest

46,969 $

Principal

1,068,000 $

Interest

74,443 $

Total Principal

3,600,000 $

Total Interest

807,033 $

Total Principal

4,185,000 $

Total Interest

1,244,130 $

Total Principal

9,986,000 $

Total Interest

1,390,148 $

Current portion Principal

156,000 $

Current portion Interest

75,960 $

Current portion Principal

171,000 $

Current portion Interest

115,088 $

Current portion Interest

198,721 $

Payable after one year Principal

3,444,000 $

Payable after one year Interest

731,073 $

Payable after one year Principal

4,014,000 $

Payable after one year Interest

1,129,042 $

Payable after one year Principal

9,986,000 $

Payable after one year Interest

1,191,427 $

Principal

40,528 $

Interest

6,630 $

Principal

367,528 $

Interest

396,399 $

Principal

41,565 $

Interest

5,593 $

Principal

375,565 $

Interest

387,367 $

Principal

42,627 $

Interest

4,530 $

Principal

385,627 $

Interest

377,688 $

Principal

43,717 $

Interest

3,440 $

Principal

394,717 $

Interest

368,208 $

Principal

44,835 $

Interest

2,322 $

Principal

404,835 $

Interest

358,950 $

Principal

45,981 $

Interest

1,176 $

Principal

11,967,981 $

Interest

1,051,464 $

Principal

2,185,000 $

Interest

403,514 $

Principal

1,949,000 $

Interest

121,412 $

Total Principal

259,253 $

Total Interest

23,691 $

Total Principal

18,030,253 $

Total Interest

3,465,002 $

Current portion Principal

40,528 $

Current portion Interest

6,630 $

Current portion Principal

367,528 $

Current portion Interest

396,399 $

Payable after one year Principal

218,725 $

Payable after one year Interest

17,061 $

Payable after one year Principal

17,662,725 $

Payable after one year Interest

3,068,603 $