Debt Financing (continued)

Outstanding Debt as of June 30, 2023

Enka-Candler Water and Sewer District Bonds liability assumed by Metropolitan Sewerage District ofBuncombeCounty,NorthCarolinaonJuly2,1990asstatedinthesewerconsolidated agreement:

5.00% serial bonds assumed July 2, 1990 with maturities on each June 1 through 2024 varying from $19,000 to $64,000,interestpayableannually.

RevenueBonds,Series2008AissuedtorefundSeries2005RevenueBonds

Interest at variable rates in the weekly mode, payable monthly, due serially until 2031.

2009NorthCarolinaWaterPollutionControlRevolvingFundusedtoconstructcertainsewerage projects:

$672,980 revolving loan issued August 18, 2009 unpaid principal sum is reduced by one-half as "Principal Forgiveness",interestaccruesat0%,20 annual installments May 1, 2011 to

RevenueBondsSeries2013issuedtorefundSeries2003andSeries2008BRevenueRefunding Bonds:

2.0% to 5.00% serial bonds issued May 1,2013, with maturities on each July 1, 2014 through 2029 varying from $1,065,000 to $4,255,000; interest payablesemi-annually