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Note 6 - Line of Credit
 9 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Debt Disclosure [Text Block]

6.

Line of Credit

 

The Company has a line-of-credit in the principal amount of $30 million that it has historically renewed annually each  March.  On March 17, 2026, Roanoke Gas amended its line-of-credit to extend the maturity date to March 31, 2028.  The line-of-credit's variable interest rate is based upon Term SOFR plus 1.25% and provides for multiple tier borrowing limits to accommodate seasonal borrowing demands.  The Company's total available borrowing limits during the term of the line-of-credit range from $20 million to $30 million.  As of June 30, 2026, the Company had an outstanding balance of $12,811,880 under the line-of-credit.