Fairbank Outstanding Obligations

Security Class	Purpose Type	Description	Final Maturity	Amount
General Obligation	Other	Funding an Economic Development Grant.	06-01-2023	$10,593.73
Revenue Bonds	Utilities/Sewers	Constructing a new municipal sewer plant	06-01-2036	$2,896,000.00
Revenue Bonds	Other	SRF Sponsored Paver Project using interest paid on sewer plant loan to pay off.	06-01-2036	$325,000.00
Total Debt as of 2021:				$3,231,593.73

Fun Facts:

• Fairbank's per capita debt of $2,908.73 is ranked 543rd out of 730 reporting.