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Schedule 50
Water Resources Bond Fund - Series 2009
Schedule of Revenues and Expenses - Budget and Actual (Non-GAAP)
From Project Inception and For the Year Ended June 30, 2016
Actual
Project
Prior
Current
Total
Authorization
Years
Year
To Date
Expenses:
Capital Improvements:
Mitchell Clearwell Replacement
688,039
$
688,038
$
$
688,038
$
Townsend Dam Replacement
38,140,897
38,136,922
3,975
38,140,897
Randleman Dam
7,047,939
7,047,939
7,047,939
Osborne Treatment Plant
2,899,337
2,684,186
170,545
2,854,731
Lake Brandt Upfit and Genset
3,183,200
3,183,200
43,333
3,226,533
Stewart Mill Lift and Outfall
176,699
176,700
176,700
Total Capital Improvements
52,136,111
51,916,985
217,853
52,134,838
Nonoperating Expenses:
Interest Expense
2,369,878
2,369,878
(21)
2,369,857
Bond Issue Expense
696,631
696,631
696,631
Total Expenses
55,202,620
54,983,494
217,832
55,201,326
Nonoperating Revenues:
Investment Income
475,340
473,863
183
474,046
Excess of Revenues Under Expenses
Before Other Financing Sources
(54,727,280)
(54,509,631)
(217,649)
(54,727,280)
Other Financing Sources:
Debt Issuances:
Revenue Bonds Issued
53,180,000
53,180,000
53,180,000
Premium-Revenue Bonds
1,547,280
1,547,280
1,547,280
Total Other Financing Sources
54,727,280
54,727,280
54,727,280
Excess of Revenues and Other Financing
Sources Over (Under) Expenses
$
217,649
$
(217,649)
$
$
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