Debt Retirement
The County and City have incurred debt throughout the years to fund capital and other improvements. A portion of SPLOST funds is dedicated to repaying these debts.
Debt Retirement has 5 Focus Areas with a combined 4 projects. 1 of these projects are labeled in progress and 2 are complete.
FOCUS AREA |
TOTAL |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
Debt Retirement |
$14,000,000 |
$2,031,470 |
$8,652,357 |
|
|
|
$2,197,200 |
|
|
Bibb GMA Lease Pool |
$3,325,170 |
|
|
|
|
|
|
|
|
Macon GMA Lease Pool |
$4,000,000 |
|
|
|
$1,000,000 |
$1,000,000 |
|
$2,000,000 |
|
Bond Repayment |
$20,343,225 |
|
$503,750 |
$751,250 |
$3,840,000 |
$3,863,975 |
$3,833,300 |
$3,795,450 |
$3,755,500 |
Bibb Debt Retirement |
$30,674,830 |
|
|
|
|
|
|
|
|