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Indian River County, Florida
<br /> Notes To Financial Statements
<br /> Year Ended September 30, 2015
<br /> NOTE 12 -LONG-TERM LIABILITIES - Continued
<br /> B. Primary Government- Continued
<br /> Business-type Activities
<br /> Annual Debt Service Payments—Business-type Activities
<br /> The annual debt service payments for bonds outstanding at September 30, 2015 are as follows:
<br /> Fiscal Year Water and Sewer Water and Sewer
<br /> Ending Revenue Refunding Revenue Refunding
<br /> September 30 Note Series 2015. Bonds Series 2009
<br /> Principal---- ---------Interest - -- Principal Interest
<br /> --- — _ .........-------
<br /> 2016 $ 973,000 $ 119,636 $ 1,905,000 $ 976,250
<br /> 2017 992,000 102,267 2,000,000 881,000
<br /> 2018 1,007,000 85,899 2,100,000 781,000
<br /> 2019 1,025,000 69,284 2,205,000 676,000
<br /> 2020 1,042,000 52,371 2,31.5,000 565,750
<br /> 2021-2022 2,132,000 52,899 9,000,000 1,046,500
<br /> Total 7,171,000 482,356 19,525,000 4,926,500
<br /> Less:
<br /> Current portion 973,000 - 1,905,000 -
<br /> Add:
<br /> Unamortized
<br /> bond premium - - 1,556,234 -
<br /> Total $ 6,1.98,000 $ 482,356 $ 19,176,234 $ 4,926,500
<br /> 87
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