Proposed Budget 2026-2027
Ongoing Summit Bank Loan Repayment Reflected in Budget
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Description
The budget document reflects ongoing debt service payments to Summit Bank, with individual installments of $2,264 and a total of $20,376 paid through March 10, 2026. These payments represent loan repayment obligations within the district’s operating expenses.
Contract Details
Contract Amount
-2264 per payment; total to date -$20,376
Vendor
SUMMIT BANK
Agency
Sun Mountain Ranches Special Road District, OR
Contract Type
FINANCIAL_SERVICES
Document Date
March 31, 2026
Contract Term
Payments from 07/25/25 through 03/10/26 shown; ongoing debt service
Renewal Info
Loan repayment appears to be on a regular installment schedule; no explicit end date or renewal terms stated.
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DISCUSSEDIssuing Agency
Sun Mountain Ranches Special Road District
Special District
Sisters, OR
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