Annual debt service has held roughly flat across the years we have data for.
Payment history
Annual debt service across every fiscal year column the source budget doc carries. Stack segments separate principal (the part that pays down the loan), interest (the cost of borrowing), and reserve (where applicable, contractually required set-aside).
| FY | Principal | Interest | Reserve | Total |
|---|---|---|---|---|
| FY 26/27 | $36,386 | $1,695 | $0 | $38,081 |
| Total to date | $0 | $1,695 | $0 | $38,081 |
Authorizing resolutions
The village board actions that authorized this instrument, in chronological order. The latest sets the active face value used in the outstanding-balance estimate.
- 2022-11-14amendment_of_bond$1,800,000RESOLUTION OF THE VILLAGE OF RED HOOK, NEW YORK, ADOPTED NOVEMBER 14, 2022, AMENDING THE BOND RESOLUTION ADOPTED ON AUGUST 28, 2019, RELATING TO VARIOUS IMPROVEMENTS TO THE VILLAGE WATER SYSTEM
Various improvements to the Village water system including PFOA/PFOS removal, booster pump station construction, water storage upgrades, and water main replacements.
Amends: 2019-08-28 bond resolution
- 2024-09-26amendment_of_bond$2,000,000Amendment to Bond Resolution for Village Water System Improvements
Various improvements to the Village water system, including PFOA/PFOS removal, water storage upgrades, water system controls upgrades, and replacement of certain water mains and lead services.
Amends: 2019-08-28 bond resolution, amended 2022-11-14
- 2024-10-07amendment_of_bond$2,000,000active face valueRESOLUTION OF THE VILLAGE OF RED HOOK, NEW YORK, ADOPTED OCTOBER 7, 2024, AMENDING THE BOND RESOLUTION ADOPTED ON AUGUST 28, 2019, AND HERETOFORE AMENDED ON NOVEMBER 14, 2022, RELATING TO VARIOUS IMPROVEMENTS TO THE VILLAGE WATER SYSTEM
Construction of various improvements to the Village water system, including PFOA/PFOS removal, water storage upgrades, water system controls upgrades, and replacement of water mains and lead services.
Amends: 2019-08-28 bond resolution (amended 2022-11-14)