Red Hook WatchIndependent Community Resource

Village borrowing

Finance/borrowing
Every borrowing instrument active in any village fund — bonds, federal/state loans, equipment notes — rolled up across General + Water + Sewer. Click an instrument for its full payment history, authorizing resolutions, and inferred payoff timeline.
Outstanding (est.)
~$2.00M+
+ 5 unknown
Total annual debt service
$400K
latest FY
Active instruments
6
Principal paid (cumulative)
$209K

All instruments

Sorted by outstanding balance (largest first). “Years to payoff” is a rough estimate at the latest annual principal pace; it ignores interest-rate changes and assumes steady amortization.

FundInstrumentAuthorizedPaidOutstandingLatest annualYears to payoff
ASerial Bonds$2.00M$0~$2.00M$38,08155.0 yrs
ESOther (Sewer Bond Principal)$0unknown$205,430
EWUSDA Phase 2$102Kunknown$66,820
EWUSDA Phase 1$100Kunknown$44,200
EWUSDA Reserve$0unknown$25,000
EWWIIA 18787$8Kunknown$20,301

Authorized but not yet active

Bond resolutions the village has passed but whose debt service hasn’t started showing up in budget actuals yet. The bonds may be authorized but not yet issued, or they refer to projects (like WWTP Phase 2) that haven’t reached construction.

  • 2025-09-08other_borrowing$19.50MES
    WWTP Upgrade and STEP Sewer System - Phase 2

    Phase 2 upgrades to the existing WWTP and STEP Sewer System to increase capacity and provide sewer service to 170 additional properties.

  • 2025-02-10bond$20.00MA
    WWTP Phase 2

    To finance the construction of improvements to the Village's wastewater treatment plant (Phase 2).

  • 2024-01-08refunding$218KA
    Garbage/Leaf Truck

    To convert short-term bond financing for a 2020 International Garbage/Leaf Truck into long-term financing using reserve and CHIPS funds.

  • 2023-11-02refunding$3.67MES
    Sewer System Improvement Refunding

    To refund certain outstanding bonds previously issued for the establishment and construction of a sewer system to achieve present value debt service savings.

  • 2023-07-10bond$218KA
    Garbage/Leaf Truck

    To finance the acquisition of a garbage/leaf truck.

  • 2021-06-14bond$40KA
    2020 Police Truck

    Purchase of a 2020 Ford F-150 Responder XL for the operation of the Village of Red Hook Police Department.

  • 2021-04-01amendment_of_bond$8.50MES
    Sewer System Construction

    Establishment and construction of a sewer system, including wastewater treatment plant acquisition and expansion, collection and lateral pipe construction, and acquisition of easements.

By fund