Debt Service 2019-2020 Proposed Budget Wellsville Central School District
How Much Are We Talking About? In 2018-2019 Debt Service represents :
What Composes Debt Service? ● Bus BANs (Bond Anticipation Notes) ○ 4- Separate Bus Notes-Issued Yearly ● RANs (Revenue Anticipation Notes) ○ Cash Flow Borrowings ● Serial Bonds ○ 1 - Through the Dormitory Authority of NY (DASNY) ○ 2 - Publicly Traded Bond Issues ○ 1 – Estimated – Current Capital Project
Proposed 2019-2020 Budget
BANs Short Term Borrowings
Bonds Long Term Borrowings
Questions?
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