25LINKBUDGET(FULL) - Flipbook - Page 103
City of Plymouth 2024 / 2025 Budget
Table IV. Equipment Loans and Land Contracts
Schedule By Loan / Contract
Loan / Contract
2024 / 25
2025 / 26
INSTALLMENT CONTRACT - PUMPER FIRE TRUCK
Equipment Fund
Amount:
$582,357 on 12/15/2019 P
Terms:
3.2100%
for 7 years I
30,862
10,161
284,962
9,869
CAPITAL LEASE - SWAPLOADER
Equipment Fund
Amount:
$208,000 on 5/18/2020 P
Terms:
2.9800%
for 5 year I
44,082
1,315
CAPITAL LEASE - FIRE TRUCK
Equipment Fund
Amount:
$405,471 on 1/10/2022 P
Terms:
2.8700%
for 7 years I
45,797
13,206
CAPITAL LEASE - TAHOE (3)
Equipment Fund
Amount:
$100,000 on 3/17/2022 P
Terms:
3.3940%
for 3 years I
34,276
1,163
CAPITAL LEASE - FORD TRUCKS (4)
Equipment Fund
Amount:
$231,468 on 3/24/2023
Terms:
5.3400%
for 3 years
Principal Total
Interest Total
ANNUAL GRAND TOTAL
2029 / 30
2030 / 31
2031 / 32
2032 / 33
2033 / 34
268,110
8,193
0
0
0
0
0
0
0
0
0
0
59,003
276,303
0
0
0
0
0
0
0
0
0
0
0
0
2026 / 27
2027 / 28
2028 / 29
47,114
11,889
48,468
10,535
49,861
9,141
268,110
8,193
74,588
8,185
229,605
34,031
78,574
4,199
410,650
25,958
48,468
10,535
49,861
9,141
263,636
436,607
59,003
INSTALLMENT CONTRACT - AERIAL FIRE TRUCK**
Equipment Fund
Amount:
$272,932 on 9/22/2015 P
Terms:
2.5700% for 10 years I
30,090
1,175
60,680
394
ANNUAL GRAND TOTAL
31,265
61,074
0
* P - PRINCIPAL / I - INTEREST
** Based on 59% of Bond issued by City of Northville for jointly owned Aerial Platform Truck
25BDS-02-DS.xlsx
TABLE OF CONTENTS
DS 99
