Comprehensive Annual Financial Report (CAFR) - Johnson City

CITY OF JOHNSON CITY, TENNESSEENOTES TO THE FINANCIAL STATEMENTSFor the Fiscal Year Ended June 30, 20114. DETAILED NOTES ON ALL FUNDS (CONTINUED):F. Long-Term Debt (continued):Business-Type Activities (continued):Bonds Payable (continued):Revenue bonds to be repaid from enterprise funds currently outstanding and the funds from whichthey will be paid are as follows:Water and Sewer:DateIssuedAmountIssuedInterestRateOutstandingJune 30, 2011Water and Sewer Revenue andTax Refunding Bonds7/15/1998$ 19,325,000 4.10%-4.75%$ 7,070,000Water and Sewer Revenue and TaxSeries 2006 Refunding Bonds3/30/20061,795,000 3.50%-4.12%1,390,000Johnson City Power Board:$ 8,460,000Revenue Bonds Series A and B,2007 Refunding .5/1/200733,515,000 4.00%-5.10%$ 27,715,000Electric System Revenue Bonds,Series 20086/30/200828,000,000 4.00%-5.00%26,590,000$ 54,305,000Water and Sewer Revenue and Tax Refunding Bonds issued July 15, 1998, debt servtcerequirements to maturity in 2016 are as follows:·Fiscal YearEnding June 30 Principal Interest Total2012 $ 1,410,000 335,120 1,745,1202013 1,475,000 268,850 1,743,8502014 1,545,000 198,788 1,743,7882015 1,615,000 125,400 1,740,4002016 1,025,000 48,688 1,073,688$ 7,070,000 976,846 8,046,84693