2020 Comprehensive Annual Financial Report

Schedule 71

Internal Service Funds Schedule of Changes in Long-Term Debt For the Fiscal Year Ended June 30, 2020

Debt

Debt

Outstanding June 30, 2019

Outstanding June 30, 2020

Additions

Retirements

Equipment Services: Compensated Absences Technical Services: General Obligation Bonds

$

206,896

$

182,681

$

171,653

$

217,924

476,718 8,758,227

476,718 1,115,112

Capital Leases

7,643,115

Compensated Absences

58,162

43,259

41,540

59,881

Total Technical Services

9,293,107

43,259

1,633,370

7,702,996

Information Systems: Capital Leases Compensated Absences

4,247,944 135,941

4,385,065 107,402

2,701,499 100,972

5,931,510 142,371

Total Information Systems

4,383,885

4,492,467

2,802,471

6,073,881

Graphic Services: Compensated Absences

31,059

25,090

26,564

29,585

Guilford Metro Communications: Capital Leases

571,571 530,378

280,436 266,992

291,135 587,986

Compensated Absences

324,600

Total Guilford Metro Communications

1,101,949

324,600

547,428

879,121

Employee Risk Retention: Compensated Absences General Risk Retention: Compensated Absences

34,922

41,604

31,991

44,535

2,126

1,294

1,124

2,296

Capital Leasing: Master Equipment Lease Agreement

2,450,400

620,910

1,829,490

Total Internal Service Funds

$

17,504,344

$ 5,110,995

$

5,835,511

$

16,779,828

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