| TOWN OF FREEPORT - FY 2008 BUDGET | |||||
| DEPARTMENT - DEBT SERVICE 800 | |||||
| FY 2004 | FY 2007 | FY 2008 | |||
| DESCRIPTION | APPROPRIATION | APPROPRIATION | APPROPRIATION | VARIANCE | |
| PRINCIPAL PAYMENTS (1) | ######## | 1,112,650.00 | 971,750.00 | (140,900.00) | |
| INTEREST PAYMENTS (1) | ######## | 448,280.00 | 431,944.00 | (16,336.00) | |
| TEMPORARY INTEREST | ######## | 20,000.00 | 20,000.00 | - | |
| NEW DEBT ESTIMATE | - | - | |||
| RWS DEBT | ######## | 178,000.00 | 178,000.00 | - | |
| TOTALS | ######## | $ 1,758,930.00 | $ 1,601,694.00 | $ (157,236.00) | |
| (1) Reflects retirement of past bonds and interest on new bonded projects. Does not reflect any | |||||
| prinicipal retirement on new debt which would not be due until FY09. | |||||