Page 37 - Town of Brighton 2024 Annual Report
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Town of Brighton Indebtedness
General Balance as of Borrowed Int. Rate Amt. Paid Maturity Balance
1/1/2024 2024 Principal Date 12/31/2024
CNB Loan#....6750 $32,140.17 2.50% $(10,461.88) 10/24/2026 $21,678.29
CNB Loan#....4250 $350,000.00 3.70% $(350,000.00) 12/31/2024 $-
CNB LoaN#....8250 $275,050.00 3.87% 12/31/2025 $275,050.00
Totals $382,140.17 $275,050.00 $(360,461.88) $296,728.29
Water Department
Water imp. Loan USDA# 9103 $819,687.36 $- $(33,232.92) 12/1/2039 $786,454.44
PSB Loan #7068003280 new truck $87,940.55 $(20,480.92) 11/15/2027 $67,459.63
Totals $907,627.91 $- $(53,713.84) $853,914.07
Sewer Department
Dale Ave. Project - Loan RF-162 $95,565.61 $(8,074.49) 12/1/2033 $87,491.12
CNB Loan# 188728950 $250,805.05 5.09% $(51,739.66) 12/27/2027 $199,065.39
Totals $346,370.66 $(59,814.15) $286,556.51
Road Department
MELF 083123 Dump Truck Loan $110,000.00 2.00% $(24,200.00) 6/30/2028 $85,800.00
Tax Ex. Leas. Corp #3361801 grader $400,000.00 $(30,134.07) 6/15/2033 $369,865.93
Totals $510,000.00 $(54,334.04) $455,665.93
Grand Total $2,146,138.74 $275,050.00 $(528,323.94) $1,892,864.80
2024 Annual Report 37
