CAPITAL PROJECTS FUNDS
| CHANGES IN BONDS AND NOTES OUTSTANDING | SCHEDULE E-3 | |||||
|---|---|---|---|---|---|---|
| JULY 1, 2005 TO JUNE 30, 2006 | ||||||
| (In Thousands) | ||||||
|
OUTSTANDING 7/1/2005 |
ADDITIONS 2005-06 |
RETIRED/ DEFEASED 2005-06 |
OUTSTANDING 6/30/2006 |
|||
| Bonds Redeemable From General and Transportation | ||||||
| Fund Revenues | ||||||
| Capital Improvements and Other Purposes | $2,183,198 | $258,100 | $264,382 | $2,176,916 | ||
| School Construction | 1,790,608 | 654,970 | 143,259 | 2,302,319 | ||
| Municipal and Other Grants and Loans | 1,505,761 | 186,075 | 190,364 | 1,501,472 | ||
| Elderly Housing | 63,728 | - | 17,928 | 45,800 | ||
| Elimination of Water Pollution | 279,172 | - | 33,571 | 245,601 | ||
| Specific Highway Purposes | 2,123 | - | 530 | 1,593 | ||
| Infrastructure Improvement | 3,101,518 | 250,000 | 270,420 | 3,081,098 | ||
| Other Transportation | 344 | - | - | 344 | ||
| General Obligation Refunding | 3,513,479 | 61,020 | 174,584 | 3,399,915 | ||
| Miscellaneous | 119,255 | 3,000 | 9,270 | 112,985 | ||
| Total From General and Transportation Funds | 12,559,186 | 1,413,165 | 1,104,308 | 12,868,043 | ||
| Bonds Redeemable From Other Sources | ||||||
| University and State University | 196,216 | - | 5,775 | 190,441 | ||
| Bradley International Airport | 288,430 | - | 12,180 | 276,250 | ||
| Utility Rate Reduction | 179,765 | - | 26,605 | 153,160 | ||
| Clean Water Fund | 571,540 | - | 36,225 | 535,315 | ||
| Regional Market | 10 | - | 10 | - | ||
| Total From Other Sources | 1,235,961 | - | 80,795 | 1,155,166 | ||
| Total Bonds Outstanding | $13,795,147 | $1,413,165 | $1,185,103 | $14,023,209 | ||
| Notes Redeemable from General Fund Revenue | ||||||
| Bond Anticipation Notes | $- | $10,000 | $- | $10,000 | ||
| Economic Recovery Notes | 209,560 | - | 63,470 | 146,090 | ||
| Total Notes | $209,560 | $10,000 | $63,470 | $156,090 | ||
Occasionally during the fiscal year, cash resulting from bond refundings was used to purchase investments in U.S. Government Securities which were placed into an irrevocable trust for the eventual payment of certain bonds which are considered to be defeased at the fiscal year end. A summary of these transactions follows.
Refunding Date |
Refunding Bonds Issued |
Defeased Bonds | |
| March 2006 | $61,020 | $61,675 | with various due dates from |
| April 1, 2013 through 2020 | |||
| Totals | $61,020 | $61,675 |