FY 14-15 Adopted Budget

Capital Improvements/Debt Service-Debt Service Fund

SUMMARY OF OUTSTANDING DEBT ISSUES AS OF JUNE 30, 2014

AMOUNT ISSUED

ISSUE DATE

AMOUNT OUTSTANDING

ISSUE

PURPOSE

SPECIAL OBLIGATION BONDS

Solid Waste Disposal Facilities Solid Waste Disposal Facilities

Solid Waste Transfer Station & Improvements 8,400,000 2005

4,210,000

This special obligation debt is funding the 1997 expansion of the City's White Street Landfill, including the construction of two additional cells and leachate management facilities and the acquisition of approximately 144 acres of adjacent land to be used as a buffer area and for fill soil.

CERTIFICATES OF PARTICIPATION*

Coliseum

Coliseum Improvements

31,320,000 1999

2,850,000

Coliseum

Aquatic Center

7,000,000 2010

6,480,000

Total

38,320,000

9,330,000

*Certificates of participation issued for Coliseumexpansion w ill be repaid w ith Hotel Motel Tax revenues. Certificates issued for parking decks w ill be repaid w ith parking deck fees. Excludes certification of participation for various equipment purchases and property acquisition.

ANNUAL CERTIFICATES OF PARTICIPATION DEBT SERVICE REQUIREMENTS FISCAL CERTIFICATES OF PARTICIPATION TOTAL YEAR PRINCIPAL INTEREST

14-15

1,650,000

478,025

2,128,025

15-16

1,750,000

281,975

2,031,975

16-17

290,000

270,775

560,775

17-18

305,000

259,175

564,175

18-19

315,000

246,975

561,975

19-20

330,000

234,375

564,375

20-21

340,000

221,175

561,175

21-22

355,000

207,575

562,575

22-23

370,000

193,375

563,375

23-24

385,000

178,575

563,575

24-25

400,000

165,100

565,100

25-26

415,000

149,100

564,100

26-27

435,000

127,313

562,313

27-28

460,000

104,475

564,475

28-29

485,000

80,325

565,325

29-30

510,000

54,863

564,863

30-31

535,000

28,088

563,088

TOTAL

9,330,000

3,281,264

12,611,264

ANNUAL SPECIAL OBLIGATION DEBT SERVICE REQUIREMENTS

FISCAL

SPECIAL OBLIGATION

TOTAL

YEAR PRINCIPAL INTEREST

14-15

625,000 197,700 822,700

15-16

655,000 172,700 827,700

16-17

680,000 146,500 826,500

17-18

715,000 112,500 827,500

18-19

750,000

76,750 826,750

19-20

785,000

39,250 824,250

TOTAL

4,210,000 745,400 4,955,400

122

Adopted FY 2014-15 Budget