Revenue Bond Coverage Clean Water Statistical Section Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2002

FOR THE YEAR ENDED JUNE 30,	GROSS REVENUES(1)	DIRECT OPERATING EXPENSES (2)	NET REVENUE AVAILABLE FOR DEBT SERVICE	DEBT SERVICE REQUIREMENTS
Revenue Bond Coverage
Clean Water
Current Fiscal Year
(Expressed in Thousands)
FOR THE YEAR ENDED JUNE 30,	GROSS REVENUES(1)	DIRECT OPERATING EXPENSES (2)	NET REVENUE AVAILABLE FOR DEBT SERVICE	PRINCIPAL	INTEREST	TOTAL	COVERAGE
2002	48,471	986	47,485	31,040	29,917	60,957	0.78
(1) Includes Operating, Non-Operating Revenues and Federal Grants
(2) Includes Operating Expenses Less Depreciation and Interest Expenses.
SOURCE: Clean Water Financial Statements