2021 Annual Comprehensive Financial Report

Schedule 73

Internal Service Funds Schedule of Changes in Long-Term Debt For the Fiscal Year Ended June 30, 2021

Debt

Debt

Outstanding June 30, 2020

Outstanding June 30, 2021

Additions

Retirements

Equipment Services: Compensated Absences

$

217,924

$

182,233

$

204,492

$

195,665

Technical Services: Capital Leases

7,643,115

1,157,654

6,485,461

Compensated Absences

59,881

47,432

36,362

70,951

Total Technical Services

7,702,996

47,432

1,194,016

6,556,412

Information Systems: Capital Leases Compensated Absences

5,931,510 142,371

2,594,241 106,689

2,957,146

5,568,605 180,220

68,840

Total Information Systems

6,073,881

2,700,930

3,025,986

5,748,825

Graphic Services: Compensated Absences

29,585

22,242

17,358

34,469

Guilford Metro Communications: Capital Leases

291,135 587,986

1,913,239 282,679

291,135 281,069

1,913,239 589,596

Compensated Absences

2,195,918

Total Guilford Metro Communications

879,121

572,204

2,502,835

Employee Risk Retention: Compensated Absences General Risk Retention: Compensated Absences

44,535

39,535

46,096

37,974

2,296

892

395

2,793

Capital Leasing: Master Equipment Lease Agreement

684,060

1,145,430 360,000

1,829,490

Capital Leases

360,000

Total Capital Leasing

1,829,490

360,000

684,060

1,505,430

$

$

16,584,403

Total Internal Service Funds

$

16,779,828

$

5,549,182

5,744,607

-149-