City of Courtenay Annual Report 2021

The Corporation of the City of Courtenay

Consolidated Schedule of Debenture and Other Long-Term Debt - Schedule 4 Year ended December 31, 2021

Principal Outstanding Dec 31/20

Current Year Borrowing

Actuarial Adjustment/ Princ. Reduct.

Principal Outstanding Dec 31/21

Maturity Date

Interest Rate

Bylaw Number

General Capital Fund

Debenture Debt 2139 Library

2021 1.75 2023 2.90 2029 2.85 2025 5.10 2030 0.91 2026 1.75 2026 1.75 2022 2.25 2024 2.25 2025 1.28 2027 2.90 2027 2.90 2041 2.58

191,054 114,190 504,317 149,498 363,436 277,722 551,395 267,179

- - - - - - - - - - - -

191,054 36,581 45,736 28,413 31,703 41,870 83,129 130,970 242,179 44,800 287,061 106,623

-

2227 Fifth Street Bridge

77,609 458,581 121,085 331,733 235,852 468,266 136,209 786,223 195,441

2304 Lerwick Road Ext. Prop Acquisition

2354 Repaving Program

2355 Lerwick Road Extension 2425 Lerwick Road Construction 2453 Police Property Acquisition

2458 Public Works Maintenance Building 2539 Capital Infrastructure Work 2538 Native Sons Hall Renovation 2680 Lewis Centre Renovation 2681 Infrastructure Works - Road Paving 2978 Fifth Street Bridge Rehabilitation

1,028,402

240,241

2,267,292

1,980,231

842,137

735,514

-

3,400,000

-

3,400,000

TOTAL GENERAL CAPITAL FUND

6,796,863

3,400,000

1,270,119

8,926,744

Water Capital Fund

Debenture Debt 2424 Water Extension - Lerwick Road

2026 1.75

231,435 231,435

- -

34,891 34,891

196,544 196,544

TOTAL WATER CAPITAL FUND

Sewer Capital Fund

Debenture Debt 2305 Sewer Extension 2353 Sewer Extension

2029 2.85 2030 0.91 2026 1.75

378,238 1,022,813 140,404

- - - - -

34,302 89,220 21,168 96,689 241,379

343,936 933,593 119,236 2,903,311 4,300,077

2423 Sewer Extension - Lerwick Road 2985 Sewer Extension - Greenwood Trunk

2045 0.91 3,000,000

TOTAL SEWER CAPITAL FUND

4,541,455

TOTAL ALL CAPITAL FUNDS

$11,569,753 $3,400,000

$1,546,389 $13,423,365

Photo: Boomer Jerritt

City of Courtenay | 2021 Annual Report

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