Kalkaska - What remains on the Bond Ledger?

[Shadowninja]

Dearest reader... before your Lady closes Kalkaska's debt ledger, there is one rather useful receipt sitting on the district's transparency page. 🪶

What does Kalkaska Public Schools still owe on its bonds?

As of June 30, 2025:

📜 Bond principal remaining: $14.99 million

💰 Remaining interest: $3.65 million

🧾 Principal + interest remaining: $18.64 million

📅 Final scheduled payments: 2035

And there is another side of the ledger worth noting: Kalkaska paid down $2.155 million in principal during the most recent fiscal year.

No raised eyebrow required.

Sometimes taxpayers simply deserve to know what remains on the mortgage. 👑

With receipts & respect.