General Government - Town of Meredith

Long-Term Indebtedness
Financial Statements
Fiscal Year Ended December 31, 2012 (Unaudited)
Long-term debt payable at December 31, 2012 is comprised of the following individual issues:
Description of Issue Original Issue Maturity Interest Outstanding
General Obligation Debt Payable Amount Date Date Rate % at 12/31/12
1988 Water Improve Bond $ 2,000,000 1988 2015 3.304% $ 500,000
1994 Cataldo Road Sewer Bond $ 229,000 1994 2013 3.304% $ 25,000
2002 Plymouth St/Rte 3 North Bond $ 637,467 2002 2022 3.728% $ 407,031
2004 Conservation Bond $ 500,000 2004 2014 3.990% $ 149,994
2004 East Bluff Village Sewer Bond $ 115,381 2004 2014 3.870% $ 34,614
2005 Community Center Bond $ 3,500,000 2005 2025 4.000% $ 2,450,000
2007 Police Station Bond $ 1,500,000 2007 2016 3.990% $ 721,463
2007 Bundled Water/Sewer/Roads $ 1,220,000 2007 2019 4.125% $ 1,129,322
2010 Fire Station Bond $ 2,292,882 2010 2019 3.800% $ 1,769,212
2010 Page Pond Conservation $ 400,000 2010 2018 3.800% $ 269,811
2012 Bundled Water/Sewer/Roads $ 1,007,150 2012 2027 2.485% $ 1,007,150
Total General Obligation Debt Payable - December 31, 2012 $ 6,507,838
Annual Requirements To Amortize General Obligation Debt:
Fiscal Year Ending
Governmental Fund Debt
December 31, 2012 Principal Interest Total
2013 $ 885,728 $ 242,147 $ 1,127,876
2014 867,756 213,646 1,081,402
2015 808,452 182,412 990,864
2016 658,188 152,009 810,197
2017-2027 3,287,714 607,829 3,895,544
Totals $ 6,507,838 $ 1,398,044 $ 7,905,882
Compensated Absences Payable
Vacation and Sick Leave Including Benefits $ 408,932
2012 Annual Report 83