HomeMy WebLinkAbout2026-01-08_Sinking Fund Agenda_Meeting No. 60 WASHINGTON COUNTY
SINKING FUND COMMISSION
AGENDA
WASHINGTON COUNTY
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Thursday, January 8, 2026
1. Opening of Meeting
2. Approval of Minute No. 59 dated January 23, 2025
3. Approval of 2025 Debt Service Payments
4. TO BE NOTED FOR THE RECORD: It is noted for the record that the
revenues and other financing sources budgeted for 2025 to meet the current
year's obligations are transfers from the General Fund.
It is also noted for the record that all members of the Sinking Fund Commission
were provided with additional documents detailing the recent debt obligations
through the year 2033. These documents are available for review in the
Finance Department.
5. Adjournment
Attachments
cc: Commissioner Nick Sherman, Chairman
Commissioner Electra S. Janis, Vice Chair
Commissioner Larry Maggi, Secretary
Controller Heather Sheatler
Treasurer Tom Flickinger
Finance Director Adam Petris
Chief of Staff Daryl Price
Chief Clerk Cynthia Griffin
Solicitor Gary Sweat
Administrative Assistant Debbie Corson
2025 DEBT SERVICE REQUIREMENTS
Due Date Issue Amount
03/01/2025 2016 Series $200,112.50
03/01/2025 2017 Series $128,178.76
03/01/2025 2022 Series $324,940.00
03/01/2025 2024 Series $80,275.00
08/22/2025 2016 Series $300.00
08/22/2025 2017 Series $300.00
09/01/2025 2016 Series $185,000.00
09/01/2025 2017 Series $95,000.00
09/01/2025 2022 Series $2,776,000.00
09/01/2025 2024 Series $205,687.50
Total Debt Payments $3,995,793.76
Total Debt Service Fund $4,000,194
REVENUES AND OTHER FINANCING SOURCES
It was notted for the record that the revenues and other financing
sources budgeted for 2024 to meet the current year's obligations are as follows:
Opening Balance: $0
Revenues
Real Estate Taxes $0
Interest Earnings $0
Rent $0
Total Revenues $0
Other Financing Sources:General Fund Transfer $4,000,194
County Authority $0
Total Other Financing Sources $4,000,194
TOTAL AVAILABLE $4,000,194
* Includes$5,000 budgeted for administrative costs