Revenue Bond Coverage | |||||||
Connecticut Higher Education Supplemental Loan Authority | |||||||
Last Eight Fiscal Years | |||||||
(Expressed in Thousands) | |||||||
FOR THE YEAR ENDED JUNE 30, |
GROSS REVENUES(1) |
DIRECT OPERATING EXPENSES (2) |
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---|---|---|---|---|---|---|---|
NET REVENUE AVAILABLE FOR DEBT SERVICE |
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DEBT SERVICE REQUIREMENTS | |||||||
PRINCIPAL | INTEREST | TOTAL | COVERAGE | ||||
1994 | $8,778 | $1,083 | $7,695 | $5,630 | $3,858 | $9,488 | 0.81 |
1995 | 10,511 | 1,509 | 9,002 | 2,940 | 5,097 | 8,037 | 1.12 |
1996 | 11,525 | 1,795 | 9,730 | 3,970 | 4,939 | 8,909 | 1.09 |
1997 | 18,502 | 1,388 | 17,114 | 5,125 | 5,796 | 10,921 | 1.57 |
1998 | 15,469 | 2,040 | 13,429 | 5,995 | 5,670 | 11,665 | 1.15 |
1999 | 16,752 | 1,916 | 14,836 | 5,956 | 6,001 | 11,957 | 1.24 |
2000 | 18,229 | 1,670 | 16,559 | 72,85 | 6,227 | 13,512 | 1.23 |
2001 | 19,251 | 2,052 | 17,199 | 8,305 | 6,759 | 15,064 | 1.14 |
(1) Includes Operating and Non-Operating Revenues and
Principal Collections.
(2) Includes Operating Expenses Less Depreciation,
Amortization, Interest Expenses and Provision for Loan Losses.
SOURCE: Connecticut Higher Education Supplemental Loan Authority Financial Statements