Page 44 - 2025 Brighton VT Annual Report
P. 44

Town of Brighton Indebtedness

         General                      Balance as of  Borrowed      Int. Rate   Amt. Paid     Maturity      Balance
                                        1/1/2025       2025                    Principal      Date       12/31/2025
         CNB Loan#....188696750          $21,678.29                   2.50%     $(10,461.88)  10/24/2026   $11,216.41
         CNB Loan#....188838250         $275,050.00                   3.87%    $(275,050.00)  12/31/2025          0

         CNB Loan#....195708250 (fire                  $100,000.00    4.98%                   6/18/2030   $100,000.00
         truck)
         CNB Loan#....195754650                        $350,000.00    3.53%                    1/1/2026   $350,000.00
         CNB Grant#...189901560 (flood    Anticipation    $750,000.00   4.73%                  9/2/2026   $750,000.00
         line/credit)                         Note
         Totals                         $296,728.29    $1,200,000.00           $(285,511.88)             $1,211,216.41

         Water Department
         Water imp. Loan USDA# 9103     $786,454.44            $-     3.00%     $(33,232.92)  12/1/2039   $753,221.52

         PSB Loan #7068003280 new truck   $67,459.63                  4.74%     $(21,454.31)  11/15/2027   $46,005.32
         CNB Loan# 195753850                           $36,354.00     4.32%                  12/22/2030    $36,354.00
         Totals                         $853,914.07    $36,354.00               $(54,687.23)              $835,580.84

         Sewer Department

         Dale Ave. Project - Loan RF-162   $87,491.12                    0%      $(8,235.98)  12/1/2033    $79,255.14
         CNB Loan# 188728950            $199,065.39                   5.09%     $(51,739.66)  12/27/2027   $147,325.73

         CNB Loan# 195751160                         $3,756,000.00    4.70%                  12/22/2026   $3,756,000.00
         Totals                         $286,556.51    $3,756,000.00            $(59,975.64)             $3,982,580.87


         Road Department
         USDA#...77124( Dump Truck)      $85,800.00                   2.00%     $(23,760.00)  6/30/2028    $62,040.00
         Tax Ex. Leas. Corp. (Grader)   $369,865.93                    0.058    $(31,987.31)  6/15/2033   $337,878.62
         Totals                         $455,665.93                             $(55,747.31)              $399,918.62

         GRAND TOTAL                   $1,892,864.80    $4,992,354.00          $(455,922.06)             $6,429,296.74



                                 ISLAND POND NEKCA FOOD SHELF Report


        The Island Pond NEKCA Food Shelf supported an average of 90 Families each month this year.  Families
        are welcome to visit once a week during our open hours which are Tuesdays from 10:30 a.m. to 3:00 p.m.
        and Thursdays from 9:00 a.m. to 1:30 p.m.

        We are deeply grateful for the volunteers, donors, and community
        members whose kindness and steady support make this work
        possible for our neighbors.

        Respectfully,
        The Food Shelf Staff






        42  Town of Brighton, VT
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