Boulder City Council · Document
Attachment D - Debt Service
Regular Meeting, October 15, 2026 · item 6B: Consideration of a motion to adjourn as the Boulder City Council and convene as the Knollwood Metropolitan District Board of Directors; and … · 1 page
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ATTACHMENT D: DEBT SERVICE
Knollwood Metropolitan District Annual Report 2026
Property tax revenue Interest income Other revenues Total revenue
Total
2026 Budget
Unaudited September 30, 2026 year to date actuals (modified accrual)
$
$
227,675 227,675
233,890 233,890
Personnel expenses Services and other expenses Principal paid Interest expense Total expenses
152,000 75,675 227,675
37,838 37,838
Change in fund balances
-
196,052
Notes: - Interest income has not been recorded in the city's system of record for Knollwood as of 9/30/26. This will be allocated in the fourth quarter for the entire year. - The final principal and interest payments will be made in the fourth quarter. Principal due is the $152,000 budgeted, along with an interest payment of $37,837. Outstanding principal at year end will be $2,060,000.