Normal’s debt

By: Diane Benjamin http://normal.org/DocumentCenter/View/17188/CAFR20-FINAL-DOC From Normal’s just issued financial statements as of 3/31/2020: Note the Long-Term total debt – $224,909,947. It increased more than $25 million in 1 year. What makes up that debt? $84,320,000 is bond debt, the IEPA loan doesn’t have interest expense. PDF page 31 Below is a chart showing the biggest […]