Department budgets

Debt service

Debt service fell from $4,497,723 to $2,941,322, FY2023 to FY2025, the only one of the twelve groups to fall.

1 · The facts

  • $4,497,723

    voted, FY2023

  • $2,941,322

    voted, FY2025

  • 6.7%

    of the voted budget, FY2025

  • $1,556,402

    less a year by FY2025

  • $1,832,253

    principal, FY2025

  • $1,388,326

    less principal than in FY2023

  • $1,101,717

    interest, FY2025

  • -$636,277

    a year above what 2.5% growth carries (ours)

    our estimate

  • —

    which bonds finished

    not published

  • —

    how much is paid outside the levy limit

    not published

2 · What it shows

  1. 1

    Principal fell $1,388,326 of the $1,556,402; interest fell less.

  2. 2

    The total budget still rose while debt fell; the omnibus does not say where the room went.

  3. 3

    How much of it is paid outside the levy limit, by exclusion vote, is not shown here.

The debt group’s lines
FY2023FY2025Change
Principal-Loans$3,220,579$1,832,253-$1,388,326
Interest-Loans$1,272,701$1,101,717-$170,984
ЗА Admin Fees-Loans$2,619$1,365-$1,254

Lines that appear in both omnibus budgets under the same printed label. A line whose label changed is not joined.

Sources

What changed

Version 15 — updated September 20, 2026