FY25 GFOA Budget - Flipbook - Page 80
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FINANCIAL SUMMARY
DEBT SUMMARY – PER CAPITA FOR FY25
Outstanding Debt by Type
FY 2018 - 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 is the District’s final payment for
these engines.
Per the District’s most
recent audit (2023):
Long-term liabilities
(vehicle)
Long-term liabilities
(other)
Projected minimum debt
payments
P a g e 80 | BARTLETT FIRE PROTECTION DISTRICT | FINANCIAL SUMMARY
