Page 38 - 2022 Annual Report
P. 38
Town of Brighton Indebtedness
Balance Borrowed Amt. Paid Balance
1/1/2022 2022 Principal 12/31/2022
General
Fire Station - CNB Loan #......5550 $47,229.52 $(23,144.76) $24,084.76
CNB Loan #.....6750 $52,295.00 $(9,948.97) $42,346.03
CNB Loan#......7550 $80,000.00 $(80,000.00) -
CNB Loan#.....1950 $150,000.00 - $150,000.00
Totals $179,524.52 $150,000.00 $(113,093.73) $216,430.79
Water Department
Water Bond - USDA Loan #9103 $35,000.00 $- $(35,000.00) -
Water Improvement RF 3-167 $877,188.61 - $(24,268.33) $852,920.28
Totals $912,188.61 $- $(59,268.33) $852,920.28
Sewer Department
Dale Ave. Project - Loan RF1-162-1 $111,397.95 $(7,916.17) $103,481.78
CNB Loan#....8950 300,000.00 $300,000.00
Totals $111,397.95 $- $(7,760.95) $403,481.78
GRAND TOTAL $1,203,111.08 $450,000.00 $(180,278.23) $1,472,832.85
Infrastructure Reserve Funds
PSB Savings Acct #......1315
Balance as of January 1, 2022 $125,225.84
Interest earned in 2022 $30.68
Loan to Water/Sewer Department ($123,000)
Repayment of Loan to Water/Sewer $123,000
Town Appropriations 2022 $15,000.00
Revenues as of Dec. 31, 2022 $15,030.68
Balance as of December 31, 2022 $140,256.52
38 Town of Brighton, VT
