Algonquin Lake in the Hills Fire Protection District
http://www.alfpd.org

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CUSIP – 015846 (for bond research on the EMMA MSRB website)

Series 2010 – $7,745,000 (Fire Protection Notes) (principal only not interest)
Amount – Maturity
$0,500,000 – 2011
$0,400,000 – 2012
$0,410,000 – 2013
$0,440,000 – 2014
$0,450,000 – 2015
$0,450,000 – 2016
$0,475,000 – 2017
$0,500,000 – 2018
$0,500,000 – 2019
$0,525,000 – 2020
$0,435,000 – 2021
$0,450,000 – 2022
$0,475,000 – 2023
$1,135,000 – 2027
$0,600,000 – 2028

*2020, 2023, 2025 and 2028 are Term Notes. The 2024 and 2025 maturities are not being refunded.

Proceeds of the Series 2010 Notes are to be used to advance refund certain outstanding obligations of the District (the “Prior Obligations.”

So once again don’t add up all the notes listed here and below and conclude that’s all new money because it’s not.

There was a $188,181 premium on the 2010 notes which is additional money over and above that listed above.
That partially offsets the $146,177 cost to issue the bonds.

Look at the Official Statement on the EMMA MSRB website for more details and feel free to contact the fire protection district and ask them questions.

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Series 2005 Fire Protection Notes – $400,000 Original Issue (not including interest)

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Series 2002 – $7,595,000 – (Fire Protection Notes) (principal only – no interest)
Amount – Maturity
$0,035,000 – 2004
$0,045,000 – 2005
$0,060,000 – 2006
$0,075,000 – 2007
$0,090,000 – 2008
$0,105,000 – 2009
$0,120,000 – 2010
$0,140,000 – 2011
$0,160,000 – 2012
$0,180,000 – 2013
$0,205,000 – 2014
$0,230,000 – 2015
$0,235,000 – 2016
$0,280,000 – 2017
$0,310,000 – 2018
$0,720,000 – 2020
$1,360,000 – 2023
$1,125,000 – 2025
$2,100,000 – 2028

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Current and historical debt service schedule for the above notes (principal + interest payments each year) – one can hunt and peck in the official statement, some of the historical data may or may not be there, the current data one would have to find elsewhere and may have to ask the district if they would be so kind as to provide; or instead just submit a FOIA.

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Expecting taxpayers to hunt and peck for debt service (principal + interest) schedules is ridiculous, we need a state law to force these taxing districts to annually provide updated debt service schedules prominently displayed on the taxing district website, both current and historical, itemized by principal, interest, and total; per year.

The comptroller should be collecting this information as well.

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Illinois Department of Insurance
Public Pension Division
2015 Biennial Report (calendar years 2013 – 2014)
Submitted October 1, 2015 to Governor Bruce Rauner and the General Assembly
Algonquin Lake in the Hills Fire Protection District Pension Fund

Unfunded Actuarial Accrued Liability (taxpayer IOU to the pension fund) history
Year – Dollars – %
2014 – $5,375,018 – 75.3%
2013 – $4,547,974 – 76.1%
2012 – $5,124,582 – 71.4%
2011 – $4,699,806 – 70.4%
2010 – $4,689,815 – 66.8%
2009 – $4,769,598 – 60.9%
2008 – $3,189,543 – 70.7%
2007 – $2,169,098 – 76.0%
2006 – $1,496,668 – 79.3%
2005 – $1,122,804 – 80.9%

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Illinois Comptroller ID – 063/010/06 (for research in Comptroller Data Warehouse)
Illinois Department of Revenue Personal Property Replacement Tax ID – 0565100009

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Public sector labor union: IAFF Local 3985 – Algonquin – Lake in the Hills
IAFF = International Association of Fire Fighters
http://www.iafflocal3985.com
IRS EIN for Local 3985: 364320313 (union finances)