BFPD FY26 GFOA Budget - Flipbook - Page 86
| FINANCIAL SUMMARY
DEBT SUMMARY – PER CAPITA FOR FY26
Outstanding Debt by Type
FY2018-2028
Fiscal Year
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
$
$
$
$
$
$
$
$
$
$
$
Debt with Interest
305,285.00
305,285.00
305,284.00
306,000.00
306,000.00
-
Debt per Capita
$
$
$
$
$
$
$
$
6.86
6.86
6.86
6.86
6.86
-
In FY20 Bartlett Fire Protection District incurred $1,439,366 in debt in order to purchase two new
fire engines. The District began making payments toward the debt in FY21, anticipating to have the
debt paid off by FY25. The table above details the last three payments made in FY22, FY23, and
FY24, as well as the FY25 budgeted payment. This was the District’s final payment for these
engines. In FY26, the District has no remaining debt on these two engines.
Per the District’s most
recent audit (2024):
Long-term liabilities
(vehicle)
Long-term liabilities
(other)
Projected minimum debt
payments
P a g e 86 | BARTLETT FIRE PROTECTION DISTRICT | FINANCIAL SUMMARY
