Long-term Debt  

At the end of the June 30, 2014, the City had total debt outstanding of $3,087,644.  Of this amount $1,028,680 is for certificate of participation, $1,363,000 is a special assessment debt, and the remaining is a loan payable of $695,964.

Additional information on the City’s long-term debt can be found on Note 7 on pages 44 to 47 of the audited financial statements under the “Report” tab.