City of Courtenay Annual Report 2022

The Corporation of the City of Courtenay

Consolidated Schedule of Debenture and Other Long-Term Debt - Schedule 4 Year ended December 31, 2022

Principal Outstanding Dec 31/21

Current Year Borrowing

Actuarial Adjustment/ Princ. Reduct.

Principal Outstanding Dec 31/22

Term Years

Maturity Date

Interest Rate

Bylaw Number

General Capital Fund 2227 Fifth Street Bridge

15 25 20 25 20 20 15 15 15

2023 2.90 2029 2.85 2025 5.10 2030 0.91 2026 1.53 2026 1.53 2022 2.25 2024 2.25 2025 1.28 2027 3.39 2027 3.39 2041 2.58

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

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

38,044 48,023 29,138 32,654 43,545 86,455 136,209 251,865 46,369 298,544 110,887 136,483

39,565 410,558 91,947 299,079 192,307 381,811

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 15

-

2539 Capital Infrastructure Work 2538 Native Sons Hall Renovation 2680 Lewis Centre Renovation

534,358 149,072 1,681,687 624,627 3,263,517 7,668,528

1,980,231 735,514 3,400,000 8,926,744

2681 Infrastructure Works - Road Paving 15 2978 Fifth Street Bridge Rehabilitation 20

TOTAL GENERAL CAPITAL FUND

1,258,216

Water Capital Fund

Debenture Debt 2424 Water Extension - Lerwick Road

20

2026 1.53

196,544 196,544

- -

36,288 36,288

160,256 160,256

TOTAL WATER CAPITAL FUND

Sewer Capital Fund

Debenture Debt 2305 Sewer Extension 2353 Sewer Extension

25 25 20

2029 2.85 2030 0.91 2026 1.53 2045 0.91

343,937 933,593 119,236 2,903,311 4,300,077

- - - - -

36,017 91,897 22,014 98,381 248,309

307,920 841,696 97,222

2423 Sewer Extension - Lerwick Road

2,804,930 4,051,768

2985 Sewer Extension - Greenwood Trunk 25

TOTAL SEWER CAPITAL FUND

TOTAL ALL CAPITAL FUNDS

13,423,365

-

1,542,813

11,880,552

85

City of Courtenay | 2022 Annual Report