Town of Blacksburg Adopted Operating Budget FY 2027

MIDTOWN SPECIAL SERVICE DISTRICT FUND FUNDING SUMMARY

% Change

Actual

Budget FY 2026

From

Expended FY 2025

Budget FY 2027

FY 2026

Item Account Principal Payments Semi-Annual Interest

$

430,000 $

510,000 $

520,000 172,700 692,700

2.0%

191,475

182,900

(5.6%) (0.0%)

Total

$

621,475 $

692,900 $

Midtown Special Service District Fund Total FY 2027 Expenditures: $692,700

Debt Service - Semi Annual Interest Payments 24.9%

Debt Service - Principal Payments 75.1%

139