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CITY OF SOUTH BEND
<br />NOTES TO FINANCIAL STATEMENTS
<br />(Continued)
<br />Total - business -type activities
<br />$ 35,990,000 $ 82 $ 223,940 $ 35,765,978
<br />Revenue bonds debt service requirements to maturity are as follows:
<br />Year Ended
<br />December 31
<br />Governmental Activities Business -Type Activities
<br />Principal Interest Principal Interest
<br />2006
<br />$ 3,540,000 $
<br />Unamortized
<br />Unamortized
<br />$ 1,152, 042
<br />2007
<br />Balance at
<br />Discount
<br />Loss (Gain) on
<br />Adjusted
<br />Purpose
<br />31
<br />(Premium)
<br />Refunding
<br />Balance
<br />2009
<br />Business -Type Activities
<br />3,631,892
<br />3,570,000
<br />1,101,823
<br />2010
<br />1993 Water Works Improvement
<br />$ 1,490,000
<br />$ 1,794
<br />$
<br />1,488,206
<br />1997 Water Works Improvement
<br />11,420,000
<br />14,552
<br />-
<br />11,405,448
<br />2002 Water Works Improvement
<br />5,375,000
<br />9,588
<br />-
<br />5,365,412
<br />2001 Sewage Works Refinancing
<br />2,444,000
<br />(2(3,742)
<br />72,221
<br />2,397,521
<br />2004 Sewage Works Improvement
<br />11,035,000
<br />(28,212)
<br />-
<br />11,063,212
<br />1998 Blackthorn Golf Course Refinancing
<br />4,230,000
<br />32,102
<br />151,719
<br />4,046,179
<br />Total - business -type activities
<br />$ 35,990,000 $ 82 $ 223,940 $ 35,765,978
<br />Revenue bonds debt service requirements to maturity are as follows:
<br />Year Ended
<br />December 31
<br />Governmental Activities Business -Type Activities
<br />Principal Interest Principal Interest
<br />2006
<br />$ 3,540,000 $
<br />4,140,205 $
<br />1,625, 000
<br />$ 1,152, 042
<br />2007
<br />3,690,000
<br />3,987,255
<br />4,035,000
<br />1,466,208
<br />2008
<br />4,015,000
<br />3,818,510
<br />4,240,000
<br />1,289,334
<br />2009
<br />4,380,000
<br />3,631,892
<br />3,570,000
<br />1,101,823
<br />2010
<br />4,780,000
<br />3,420,849
<br />3,170,000
<br />952,618
<br />2011 -2015
<br />27,745,000
<br />13,315,378
<br />9,885,000
<br />2,985,438
<br />2016 -2020
<br />22,110,000
<br />6,287,222
<br />4,970,000
<br />1,753,913
<br />2021 -2025
<br />13,065,000
<br />1,922,873
<br />4,495,000
<br />488,689
<br />2026 -2030
<br />900,000
<br />61,763
<br />-
<br />-
<br />1,317,498
<br />389,589
<br />5,159,720
<br />Totals
<br />$ 84,225,000 $
<br />40,585,947 $
<br />35,990,000
<br />$ 11,190,065
<br />4. Notes and Loans Payable
<br />The primary government has entered into various noteslloans. Annual debt service requirements
<br />to maturity for the notes/loans are as follows:
<br />Year Ended
<br />Governmental Activities
<br />Business-Type
<br />Activities
<br />December 31
<br />Principal
<br />Interest
<br />Principal
<br />Interest
<br />2006
<br />$ 1,028,647 $
<br />406,727
<br />$ 1,316,500
<br />$ 1,083,779
<br />2007
<br />941,820
<br />364,590
<br />1 ,427,122
<br />1,041,952
<br />2008
<br />998,952
<br />327,200
<br />1,470,765
<br />965,307
<br />2009
<br />996,143
<br />286,298
<br />1,509,514
<br />886,234
<br />2010
<br />1,045,693
<br />242,294
<br />1,553,371
<br />805,023
<br />2011 -2015
<br />2,224,188
<br />707,541
<br />8,222,872
<br />2,729,466
<br />2016 -2020
<br />1,317,498
<br />389,589
<br />5,159,720
<br />531,693
<br />2021 -2025
<br />986,830
<br />128,454
<br />_
<br />-
<br />Totals
<br />$ 9,539,771 $
<br />2,852,693
<br />$ 20,659,864
<br />$ 8,043,454
<br />47
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