2025 School Bond Qualification and Loan Program Annual Report
Appendix C

Adams Twp

31

$1,905,596.22

$1,862,781.55

$1,633,479.44

Repaying

Allegan

13

$781,101.81

$1,356,959.76

$1,417,691.17

Borrowing

Allen Park

22

$1,059,045.60

$2,628,249.24

$3,402,184.71

Borrowing

Allendale

18

$19,729,513.21

$19,673,005.54

$18,697,365.44

Repaying

Alma

21

$2,337,027.17

$1,403,398.35

$651,293.86

Repaying

Anchor Bay

29

$22,060,795.16

$19,366,599.58

$14,837,281.68

Repaying

Armada

29

$6,577,026.08

$6,867,799.49

$7,286,687.87

Repaying

Ashley

29

$1,646,657.45

$1,484,279.34

$1,291,292.20

Repaying

Bath

51

$292,985.05

$590.66

$0.00

Paid

Beecher

12

$575,226.93

$401,911.41

$269,820.26

Repaying

Belding

15

$5,518,242.67

$6,899,172.12

$8,257,654.44

Borrowing

Bellevue

18

$5,707,814.59

$6,179,721.70

$5,940,191.13

Borrowing

Bendle

20

$544,210.31

$596,515.15

$623,213.35

Repaying

Bloomingdale

24

$4,203,365.95

$4,218,628.44

$4,407,319.25

Repaying

Brandon

30

$830,971.90

$1,389,493.71

$2,092,856.82

Borrowing

Britton Deerfield

2

$331,491.99

$0.00

$0.00

Paid

Bullock Creek

5

$133,020.94

$0.00

$0.00

Paid

Byron Center

13

$13,870,977.49

$17,139,702.46

$18,374,999.35

Repaying

Caledonia

13

$11,902,739.93

$15,274,867.47

$16,931,969.90

Borrowing

Carrollton

30

$2,607,605.78

$2,292,798.58

$1,874,285.10

Repaying

Cedar Springs

31

$2,133,113.98

$2,230,111.07

$2,507,765.91

Borrowing

Charlotte

15

$10,911,247.96

$14,506,393.05

$17,797,923.32

Borrowing

Chippewa Valy

59

$35,365,032.69

$36,925,096.63

$37,290,273.60

Repaying

Clarkston

28

$6,056,892.66

$1,889,766.50

$1,974,887.03

Borrowing

Clawson

11

$653,041.03

$710,222.62

$1,283,829.56

Borrowing

Climax-Scotts

2

$0.00

$0.00

$333,712.27

Borrowing

Clintondale

60

$21,092,437.99

$21,319,988.66

$20,472,495.72

Repaying

Comstock Park

34

$10,951,931.04

$10,977,266.61

$9,950,229.34

Repaying

Coopersville

19

$13,510,331.72

$14,645,450.06

$15,534,467.50

Borrowing

Dansville

9

$698,786.64

$442,097.63

$144,983.84

Repaying

Decatur

15

$4,214,954.01

$5,035,635.82

$6,283,290.35

Borrowing

Detroit

15

$279,446,577.57

$348,477,386.53

$417,445,765.42

Borrowing

DeWitt

13

$513,903.08

$521,860.17

$211,493.77

Repaying

Dexter

27

$1,069.64

$1,116.82

$941.15

Borrowing

Durand

5

$1,640,418.56

$2,397,409.92

$3,201,295.33

Borrowing

East G. Rapids

25

$3,957,164.51

$2,555,916.58

$385,144.13

Repaying

East Jackson

11

$1,118,033.31

$1,233,696.01

$964,350.15

Borrowing

Eaton Rapids

14

$2,409,436.81

$2,515,695.28

$2,628,255.90

Borrowing

Ecorse

28

$3,216,705.14

$10,285,505.88

$17,441,909.78

Borrowing

Ferndale

13

$3,665.14

$3,826.78

$337,451.51

Repaying

Flat Rock

30

$6,043,942.33

$7,810,335.32

$7,630,144.12

Repaying

Fowlerville

45

$17,094,804.84

$18,543,734.02

$19,373,482.21

Borrowing

Fraser

14

$6,856,626.95

$8,803,687.67

$10,939,357.96

Borrowing

Fremont

15

$3,649,300.51

$2,647,906.36

$832,286.22

Repaying

Genesee

37

$3,269,236.83

$3,404,570.22

$3,532,766.16

Repaying

Gobles

23

$519,733.31

$416,937.91

$435,717.38

Borrowing

Godfrey-Lee

28

$702,365.53

$1,246,488.12

$1,798,663.27

Borrowing

Goodrich

15

$4,988,811.36

$5,801,095.56

$5,371,352.99

Repaying

Grass Lake

24

$6,292,833.03

$5,849,570.29

$4,879,917.82

Repaying

Harper Creek

24

$12,864,318.56

$14,182,449.31

$15,020,430.12

Borrowing

Harper Woods

20

$6,795,599.70

$9,554,955.57

$10,972,103.33

Borrowing

Hartland

54

$10,427,948.06

$10,007,528.27

$8,442,877.91

Repaying

Haslett

58

$14,752,001.42

$14,227,655.09

$11,634,024.00

Repaying

Hesperia

17

$5,208,157.88

$5,438,078.69

$5,640,676.84

Repaying

Holton

19

$2,324,368.01

$2,538,530.26

$2,711,938.61

Repaying

Homer

14

$2,267,174.08

$2,921,928.63

$3,257,445.28

Borrowing

Hopkins

28

$413,057.46

$2,870.35

$0.00

Paid

Houghton-Port

38

$5,078,785.56

$5,724,003.72

$6,296,184.22

Borrowing

Hudsonville

14

$24,777,138.64

$28,372,429.38

$30,190,966.89

Borrowing

Huron

14

$3,027,415.65

$3,160,952.53

$2,531,611.23

Repaying

Inkster

60

$11,667,069.28

$0.00

$0.00

Paid

Ionia

38

$1,833,024.03

$1,424,863.16

$686,815.84

Repaying

Jonesville

26

$3,313,631.20

$3,601,569.79

$3,860,691.48

Borrowing

Kent City

27

$1,254,087.73

$1,442,998.59

$1,407,293.33

Repaying

L'Anse Creuse

20

$25,805,439.62

$24,939,308.59

$23,215,800.76

Borrowing

Laingsburg

34

$2,085,638.55

$1,945,584.32

$2,033,330.63

Borrowing

Lake Orion

25

$2,625,962.09

$2,742,162.75

$475,481.87

Paid

Lake Shore

9

$7,127,466.91

$7,282,413.76

$6,857,281.18

Repaying

Lakeview Co13

9

$3,391,832.46

$3,816,739.68

$5,101,627.21

Borrowing

Lincoln

15

$7,024,688.99

$10,119,879.26

$14,439,993.24

Borrowing

Manchester

24

$3,365,164.52

$1,745,887.36

$1,949,950.86

Borrowing

Martin

9

$1,190,962.12

$1,103,922.13

$1,153,625.00

Borrowing

Marysville

18

$14,848,057.36

$16,582,759.09

$17,802,792.98

Borrowing

Mattawan

5

$332,307.10

$0.00

$0.00

Borrowing

Mendon

21

$47,105.97

$51,724.45

$54,038.85

Borrowing

Meridian

7

$2,639,767.90

$3,574,813.94

$4,239,942.35

Borrowing

Milan

26

$40,905,935.57

$41,943,470.82

$42,361,036.66

Repaying

Montague

28

$7,212,539.55

$6,979,353.24

$7,444,796.18

Borrowing

Montrose

15

$2,019,574.16

$2,454,245.65

$3,966,695.20

Borrowing

Morenci

14

$1,599,157.72

$1,669,682.88

$1,207,927.11

Borrowing

Morrice

15

$1,065,021.87

$1,203,318.29

$1,777,999.23

Borrowing

Mt Clemens

23

$12,693,314.69

$10,290,226.84

$7,710,003.33

Repaying

MuskegonHeights

26

$9,285,738.78

$0.00

$0.00

Paid

New Haven

20

$12,593,511.45

$16,196,737.27

$19,582,965.09

Borrowing

New Lothrop

17

$144,306.51

$0.00

$0.00

Paid

North Branch

33

$9,122,415.42

$12,153,773.75

$12,903,357.42

Repaying

North Muskegon

22

$2,983,425.56

$3,060,335.02

$3,369,261.71

Borrowing

Oakridge

27

$1,155,825.83

$1,206,804.33

$1,260,800.79

Borrowing

Olivet

34

$667.81

$0.00

$0.00

Paid

Orchard View

22

$6,924,166.37

$7,303,131.75

$7,631,719.00

Borrowing

Otsego

21

$12,452,963.50

$21,349,170.95

$24,203,747.55

Borrowing

Ovid-Elsie

13

$4,604,452.34

$6,368,062.99

$7,950,048.52

Borrowing

Oxford

30

$8,600,497.79

$9,468,370.82

$9,892,157.30

Repaying

Parchment

18

$6,174,752.94

$7,764,094.43

$9,099,467.51

Borrowing

Paw Paw

30

$1,062.28

$351,748.19

$1,520,926.85

Borrowing

Pennfield

21

$1,442,238.32

$1,845,398.08

$2,228,327.10

Borrowing

Perry

34

$5,603,610.91

$5,998,212.90

$6,393,834.77

Borrowing

Pinckney

16

$10,513,314.03

$12,630,277.40

$10,462,562.14

Repaying

Plainwell

23

$10,772,406.57

$11,186,001.37

$8,704,746.26

Repaying

Portland

24

$341,004.10

$800,858.04

$924,665.46

Repaying

Potterville

25

$181,468.75

$239,005.86

$326,613.32

Repaying

Ravenna

17

$5,538,827.74

$6,638,973.27

$7,632,143.03

Borrowing

Reeths-Puffer

30

$18,101,344.76

$18,758,523.18

$18,691,865.22

Repaying

Romulus

13

$4,653,714.53

$2,278,754.95

$0.00

Paid

Roseville

6

$570,966.52

$0.00

$0.00

Paid

Saline

25

$7,842,682.80

$7,077,917.25

$5,512,167.77

Repaying

Saranac

36

$713,781.78

$519,887.80

$609,087.62

Borrowing

Schoolcraft

5

$703,466.32

$1,049,281.29

$1,257,571.99

Repaying

Shepherd

17

$16,859,048.08

$16,528,082.38

$16,032,931.97

Repaying

Sparta

7

$2,168,402.94

$3,025,756.41

$3,311,704.95

Borrowing

St Johns

15

$1,393,789.25

$1,748,753.51

$1,144,682.81

Repaying

Sturgis

25

$2,356,409.22

$2,060,411.19

$1,877,505.70

Repaying

Thornpple Kel

29

$5,608,243.91

$6,256,471.92

$5,266,932.77

Repaying

Trenton

6

$1,333,751.75

$1,392,588.16

$998,131.52

Repaying

Vestaburg

16

$857,926.83

$971,434.68

$1,922,088.63

Borrowing

Wayland Union

31

$3,766,746.05

$3,373,118.28

$3,258,491.01

Repaying

Webberville

36

$1,154,758.66

$1,642,786.57

$1,948,694.59

Borrowing

Western

13

$2,407,156.89

$4,614,933.89

$7,206,205.87

Borrowing

White Cloud

24

$586,415.95

$612,279.36

$170,212.57

Repaying

WhitmoreLake

22

$6,822,792.46

$8,160,769.91

$9,146,236.61

Borrowing

Williamston

29

$1,164,084.67

$2,272,604.54

$2,805,936.19

Borrowing

Willow Run

40

$18,626,002.50

$0.00

$0.00

Paid

Woodhaven

12

$1,465,538.92

$2,452,804.51

$3,076,890.40

Borrowing