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1969-1987-FISCAL AUDITS
TownOfMashpee
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1969-1987-FISCAL AUDITS
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12/1/2016 7:11:16 PM
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I <br /> TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> Year Ended June 30, 1984 <br /> i <br /> outstanding indebtedness at June 30, 1984 is as follows: <br /> Fiscal Year Interest Outstanding I I <br /> of Maturity Rate June 30, 1984 <br /> I <br /> outside the debt limit: <br /> Library 1985 4.0% $ 1 ,000 <br /> Middle school 1996 6.0% 2,420,000 <br /> Police and fire station 1999 5.0% 824,332 <br /> $3,245,332 <br /> Debt principal and interest are payable as follows: <br /> Fiscal Year Principal Interest I , <br /> 1985 $ 277,067 .$ 184,805 <br /> 1986 276,067 168,862 <br /> 1987 266,066 152,958 i <br /> 1988 266,066 137,655 <br /> 1989 266,066 122,352 <br /> Thereafter 1 ,894,000 459,500 <br /> $3,245,332 $1 ,226,132 <br /> Note 6. Stabilization Fund <br /> Changes in the stabilization fund for the year ended June 30, 1984 are <br /> as follows: <br /> i <br /> Fund balance at beginning of year $ 1 ,977 <br /> Interest income 3,087 <br /> Appropriation from general fund 75,000 <br /> Fund balance at end of year $ 80,064 <br /> ! <br /> 8 �I <br />
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