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SOUTHEASTERN COLORADO WATER CONSERVANCY DISTRICT
<br />NOTES TO FINANCIAL STATEMENTS
<br />DECEMBER 31, 2005
<br />NOTE 6 -LONG-TERM LIABILITIES (Cont'd.)
<br />The estimated debt service requirements for the governmental activities contract obligation is as follows:
<br />Year Ended December 31 Principal Interest Total
<br />2006 $ 3,833,079 $ - $ 3,833,079
<br />2007 4,034,731 - 4,034,731
<br />2008 4,251,699 - 4,251,699
<br />2009 4,475,243 - 4,475,243
<br />2010 4,736,198 - 4,736,198
<br />2011-2015 25,453,100 - 25,453,100
<br />2016-2020 25,684,303 - 25,684,303
<br />2021-2024 13,327,722 - 13,327,722
<br />85,796,075 $ - 85.796.075
<br />The following is a description of each individual issue for the business-type activities:
<br />$1,322,000 safety of dams contract obligation to the Bureau of Reclamation;
<br />this original amount represents the District's share of the repair costs; no
<br />interest rate stated; due in annual installments of $60,000 through 2021; debt
<br />is serviced by the water activity enterprise fund $ 962,000
<br />Total business-type activities $ 962 000
<br />The debt service requirements for the business-type activities safety of dams contract obligation is as follows:
<br />Year Ended December 31
<br />Principal Interest Total
<br />2006 $ 60,000 $ - $ 60,000
<br />2007 60,000 - 60,000
<br />2008 60,000 - 60,000
<br />2009 60,000 - 60,000
<br />2010 60,000 - 60,000
<br />2011-2015 300,000 - 300,000
<br />2016-2020 300,000 - 300,000
<br />2021 62,000 - 62,000
<br />$ 962,000 $ - $ 962,000
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