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- ~~ .,'~:~ <br />N~TE 11 - BONDS PAYABLE ICONTINUED): :~ "~ ~~';'~'~" <br />Enterorise Funds Obliaations (Continuedl: <br />Princinal June 30, <br />Maturod 1993 <br />Fiscal Year Outstanding +md Paid OutstaadiaS future <br />of maturitv June 30. 1992 durinQ vear June 30. 1993 interest <br />Labish Villaae Sewaae and Drainaae District <br />Farmtrs Home Admin. 1993 5,505 <br />various inter~sE ntes 1994 5,780 <br />1995 6,069 <br />1996 6,372 <br />1997 6,691 <br />1998 7,0?b <br />1999 7,377 <br />2000 7,746 <br />2001 8,133 • <br />2002 8,540 <br />2003 8,967 <br />2004 9,415 <br />2005 9,886 <br />2006 10.358 <br />S 107.865 <br />Total Enterprise Funds Debt S 2.210.073 <br />neral Countv_Obliaations: <br />Genemi Obligatioa Comectional <br />Facility Bond 1993 <br />~ar;ous ince~c r~t~ ~99a <br />1995 <br />1996 <br />1997 <br />Total Bonds Payable <br />1,555,000 <br />1,660,000 <br />1,765.000 <br />1,885,000 <br />8.885.000 <br />.S 36.724 <br />S 1•126.289 <br />s ci,sss,ooo~ s - s - <br />1,660,000 340,~00 <br />1.765,000 234,300 <br />1,885~000 121,200 <br />2.0~.000 <br />(1.555.0001 ~.330.000 695.700 <br />09 073 713 96 9 38 8 98g <br />General obligation bonds are retirod through collection of property taxas. The Lbish Village Sewage and Drainage Distcict <br />debt to the Farmers Home Administration is to be repaid by direct assessment to the benafitted property owners. <br />NOTE 12 - CHANGES IN VACATION PAY LIABILITY• <br />The following is a summary of t6e changes of the County's non curneat vacation pay liability for the year ended June 30, <br />1993: <br />Accrued vacation liability at June 30, 1992 S 959,681 <br />Net additionat accn~al of vacation liability 80.422 <br />Accrued vacation liability at June 30, 1993 1 040 <br />'The additional accruai during the fiscal year represents the long-term potti~ of the dit~erenx in the use of vacation pay and <br />the vacation pay accrual for the General, Spacial Revenue and Capital Ptoject Funds, <br />NOTE 13 - ENVIRONMENTAL LIABILITY• <br />Durin~ 1993, the County formulated a clean-up plan related to a land site contaminatod by cbeiaical based paint used by the <br />County's Roads Department. The estimated cost to remediatc this site aggrcgates ~425,450 as determined by an independ~t <br />environmental consulting firm. This amount has been recorded as a curnnt year expenditur8 aad liability of the Public Works <br />Fund, a sPecial revenue fund, in the combined statement of revenues, expenditures, and changes in fund balance and the <br />combined balance sheet, respectively. <br />s cs.s~ s - s - <br />5.780 4,973 <br />6,069 4,677 <br />6,372 4,366 <br />~. 6,691 4,040 <br />7,026 3,697 <br />7.377 3.337 <br />7,746 2,959 <br />8,133 2,562 <br />8,540 2,145 <br />8.%7 1,707 <br />9,415 1,248 <br />9,886 765 <br />-23- <br />