FY 2011-12 Adopted Budget - City of Oviedo

Public Improvement Revenue Bonds Debt Service Fund (201)
2008-09 2009-10 2010-11 2010-11 2011-12
EXPENDITURES (continued) Actual Actual Budget Projection Budget
2009A Capital Improvement Revenue Note (Martin Property)
Principal 0 26,400 38,700 38,700 40,400
Interest 0 41,785 29,463 29,463 27,741
Misc. Debt Service Costs 0 0 0 0 0
Sub-Total 0 68,185 68,163 68,163 68,141
2007 Capital Improvement Revenue Note:*
Principal 185,000 195,000 205,000 205,000 215,000
Interest 257,784 249,145 240,038 240,038 230,465
Misc. Debt Service Costs 0 0 0 0 0
Sub-Total 442,784 444,145 445,038 445,038 445,465
*$5.7 million bank loan to construct new Fire Station, Fire Admin. Bldg. and Public Works Admin./Engineering facility.
2011 Capital Improvement Revenue Note:*
Principal 0 0 25,000 47,878 72,985
Interest 0 0 86,108 26,630 38,315
Misc. Debt Service Costs 0 0 500 0 0
Sub-Total 0 0 111,608 74,508 111,300
*$1.3 million bank loan to complete Public Works Complex.
Sub-Total (Fire Station & PW Complex) 442,784 444,145 556,646 519,546 556,765
Total Debt Service Costs 1,877,293 1,954,615 2,052,465 2,015,365 2,066,039
Reserve for Future Debt Service 0 0
TOTAL EXPENDITURES 1,877,293 1,954,615 2,052,465 2,015,365 2,066,039
Ending Fund Balance 2,213 716 197 718 718
95