Fluvanna finances

“Note 7-Long Term Obligations” from the Fluvanna 2013 financial statements needs to be published. The financial statements are complete and excellent. Note 7 will end the questions regarding our county debt obligations. Page 51 lists all outstanding debt and obligations showing a June 30, 2013 balance of $108,112,185 which represents a $15,222,355 increase from July 1, 2012. Page 52 lists our debt service cost by year out to 2036 with $7,017,347 due for 2014 and life-time total principal and interest obligations of $137,647,908. Page 53 lists water, sewer and lease obligations. Please reprint that particular Note 7 for the public’s information. Thank you.

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