2023 Annual Comprehensive Report

Schedule 67

Internal Service Funds Schedule of Changes in Long-Term Debt For the Fiscal Year Ended June 30, 2023

Debt

Debt

Outstanding, July 1, 2022

Outstanding June 30, 2023

Additions

Retirements

Equipment Services: Compensated Absences

$

209,069

$

264,467

$

261,247

$

212,289

Technical Services: Lease Liabilities

5,585,563

1,375,940

4,209,624

Compensated Absences

75,010

70,485

73,375

72,120

Total Technical Services

5,660,573

70,485

1,449,315

4,281,744

Information Systems: Lease Liabilities

6,367,925

4,704,396 103,938 139,498

3,287,732 33,869 112,666

7,784,589 70,069 175,309

IT Subscription Financing Agreements

Compensated Absences

148,477

Total Information Systems

6,516,402

4,947,832

3,434,267

8,029,967

Graphic Services: Compensated Absences

30,435

27,502

24,551

33,386

Guilford Metro Communications: Lease Liabilities

1,858,624 609,998

303,502 345,562

1,555,122 669,640

Compensated Absences

405,204

Total Guilford Metro Communications

2,468,622

405,204

649,064

2,224,762

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

39,936

43,110

40,490

42,556

2,708

2,708

Capital Leasing: IT Subscription Financing Agreements

9,689,469

1,553,276 120,000

8,136,193

Other Financing Agreements

120,000

Total Capital Leasing

120,000

9,689,469

1,673,276

8,136,193

Total Internal Service Funds

$

15,047,745

$ 15,448,069

$

7,534,918

$

22,960,897

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