Tuesday, August 21, 2012

2012 to 2029 Referendum Debt Levy with both 25 Year Plan and Badger Included

The "borrowing amount" below is for the referendum question that will be on the November 6th ballot. The graph below shows the annual debt levy with Badger (just begun to pay for that referendum) and the potential new referendum. As of June 30, 2012 the principle is $21,575,000 and the interest is $7,729,401.00. If the Nov. referendum passes, the debt will be increased by more than $31 million, principle and interest.

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