Title
Dept/ Agency: Office of Management & Budget
AUTHORIZING
Type of Service: Temporary Budget Appropriation #2
Purpose: Provide temporary appropriation for all interest and debt redemption charges for the year 2009.
Appropriation Amount: $35,782,592.00
Appropriation Period: Effective January 1, 2009
Contract Basis:
Additional Comments: Two-Third Votes Required
(1) MUNICIPAL DEBT SERVICE
95430 Payment on Qualified Bond Principal/$9,570,000.00
95440 Interest on Qualified Bond Principal/$5,865,958.00
96670 ECIA Bonds Principal/$1,290,000.00
96680 ECIA Bonds Interest/$1,249,026.00
97310 Removal of Underground Storage Tank-Loan Principal/$290,772.00
96380 Demolition Bond Loan/$109,904.00
97380 Business Personal Property Tax Replacement School/$1,586,515.00
95650 Interest on Notes/$3,097,750.00
TOTAL MUNICIPAL DEBT SERVICES/$23,059,925.00
(2) LOCAL DISTRICT SCHOOL PURPOSE
95650 School Notes Interest/$383,442.00
95570 Payment Qualified Bond Principal/$8,495,000.00
95580 Payment Qualified Bonds Interest/$3,844,225.00
TOTAL SCHOOL DEBT SERVICES/$12,722,667.00