|
• I
<br /> I�
<br /> TOWN OF MASHPEE, MASSACHUSETTS
<br /> NOTES TO FINANCIAL STATEMENTS
<br /> JUNE 30, 1986
<br /> r
<br /> 8. Temporary Borrowing
<br /> As of June 30, 1986 the town issued the following temporary loans in
<br /> anticipation of bond issues.
<br /> Interest
<br /> Bank Amount Rate Date Issued Maturity Date
<br /> Bank of Cape Cod $ 34,800 4.71 July 5, 1985 July 3, 1986
<br /> Bank of Cape Cod 69,621 4.71 July 5, 1985 July 3, 1986
<br /> Bank of Cape Cod 369,000 4.14 August 9, 1985 August 8, 1986
<br /> Bank of Cape Cod 500,000 4.67 April 23, 1986 August 25, 1986
<br /> Bank of Cape Cod 500,000 4.83 April 23, 1986 August 25, 1986
<br /> Bay Bank, Southeast 1,000,000 4.54 April 23, 1986 August 25, 1986
<br /> Bank of Boston 500,000 4.57 April 23, 1986 August 25, 1986
<br /> Boston Safe Deposit 1,000,000 4.68 April 23, 1986 August 25, 1986
<br /> Bank of New England 5002000 4.69 April 23, 1986 August 25, 1986
<br /> State Street Bank 50,000 4.84 April 23, 1986 August 25, 1986
<br /> Total
<br /> $4,523,421
<br /> As of June 30, 1986 the town issued the following temporary loans in
<br /> anticipation of revenues.
<br /> Interest
<br /> Bank Amount Rate Date Issued Maturity Date
<br /> Cape Cod Bank and Trust $1,000,000 4.14 June 27, 1986 September 25, 1986
<br /> Cape Cod Bank and Trust 5002000 4.03 June 27, 1986 September 25, 1986
<br /> Bank of New England 1,500,000 4.08 June 27, 1986 September 25, 1986
<br /> Bank of New England 500,000 4.08 June 27, 1986 September 25, 1986
<br /> Bank of New England 500,000 4.19 June 27, 1986 September 25, 1986
<br /> Total $4,000,000
<br /> I
<br /> 9, Barnstable County Retirement System
<br /> The town participates in the Barnstable County contributory retirement '*•,'
<br /> System which is partially funded by employee contributions. The town meets its
<br /> i
<br />
|