Courtenay Annual Report 2025 draft

The Corporation of the City of Courtenay

Consolidated Schedule of Debenture and Other Long-Term Debt - Schedule 4 Year ended December 31, 2025

Interest Rate %

Principal Outstanding Dec 31/24

Current Year Borrowing

Principal Outstanding Dec 31/25

Term Years

Maturity Date

Actuarial Adjustment

Princ. Payment

Bylaw Number

General Capital Fund Debenture Debt 2304 Lerwick Road Ext. Prop Acquisition 2354 Repaving Program 2355 Lerwick Road Extension

25

2029 4.30

307,187

-

27,713

29,003 250,471

20 25

2025 0.32 2030 3.03 2026 1.53 2027 1.53 2025 1.28 2027 3.39 2027 3.39

31,423 230,804 99,923 198,389 51,410

- - - - - - -

-

31,423

-

14,076 24,803 49,244 19,201 110,477 41,034

21,606 195,122

2425 Lerwick Road Construction 20 2453 Police Property Acquisition 20 2538 Native Sons Hall Renovation 15 2680 Lewis Centre Renovation 15

24,179

50,941

48,005 101,140

32,209

-

1,043,504

225,462 707,565 83,743 262,811

2681 Infrastructure Works - Road Paving 2978 Fifth Street Bridge Rehabilitation

15

387,588

20

2041 2.58

2,981,270

-

9,422

136,483 2,835,365

3136 Strategic Land Acquisition 20

2045 3.73

- 2 ,176,000

-

-

2,176,000

5,331,498 2 ,176,000

295,970

632,113 6,579,415

Water Capital Fund Debenture Debt 2424

Water Extension - Lerwick Road

20

2026 1.53

83,269

-

20,669

20,149

42,451

TOTAL WATER CAPITAL FUND

83,269

-

20,669

20,149

42,451

Sewer Capital Fund Debenture Debt 2305 Sewer Extension 2353 Sewer Extension

25 25 20

2029 4.30 2030 3.03 2026 1.53

230,391 649,547

- - -

20,784 39,614 12,539

21,752 187,855 60,805 549,128

Sewer Extension - Lerwick Road Sewer Extension - Greenwood Trunk

50,516

12,224

25,753

2423

2985

25

2045 3.03

2,602,975

-

6,948

96,689 2,499,338

3093 1st Street Liftstation

20

2045 3.73

- 2 ,500,000

-

-- 2,500,000

3,533,429 2 ,500,000

79,885

191,470 5,762,074

TOTAL ALL CAPITAL FUNDS

8,948,196 4,676,000

396,524

843,732 12,383,940

122 | City of Courtenay