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1 of 3 Splish issued an 9%, 10-year $2.100,000 bond to build a monorail mass transit system. The city received $1.852,652 cash from the bond
1 of 3 Splish issued an 9%, 10-year $2.100,000 bond to build a monorail mass transit system. The city received $1.852,652 cash from the bond issuance on January 1, 2025. The bond yield is 11%. Interest is paid annually on December 31 of each year. Disclosure information about capital assets is reported below. Disclosure of Information about Capital Assets for the Year Ending December 31, 2025 Primary Government Beginning Balance Ending Governmental Activities Balance Additions Retirements Land $490
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