State of Connecticut

CAPITAL PROJECTS FUNDS

CHANGES IN BONDS AND NOTES OUTSTANDING SCHEDULE E-3
JULY 1, 2008 TO JUNE 30, 2009
(In Thousands)
OUTSTANDING
6/30/2008
ADDITIONS
2008-09
RETIRED/
DEFEASED
2008-09
OUTSTANDING
6/30/2009
Bonds Redeemable From General and Transportation        
Fund Revenues        
Capital Improvements and Other Purposes $2,000,090 $304,410 $67,034 $2,237,466
School Construction 3,371,020 566,950 132,520 3,805,450
Municipal and Other Grants and Loans 1,234,534 180,080 327,377 1,087,237
Elderly Housing 63,888 72,270 22,321 113,837
Elimination of Water Pollution 195,718 50,000 27,008 218,710
Specific Highway Purposes 533 - 533 -
Infrastructure Improvement 2,789,345 300,000 272,330 2,817,015
Other Transportation 191 - 191 -
General Obligation Refunding 3,539,940 586,940 749,390 3,377,490
Pension Obligations 2,276,578 - - 2,276,578
Miscellaneous 92,730 16,875 7,930 101,675
Total from General and Transportation Funds 15,564,567 2,077,525 1,606,634 16,035,458
         
Bonds Redeemable From Other Sources        
University and State University 179,451 144,855 149,885 174,421
Bradley International Airport 254,740 - 11,155 243,585
Clean Water Fund 494,620 440,195 49,615 885,200
Total from Other Sources 928,811 585,050 210,655 1,303,206
Total Bonds Outstanding $16,493,378 $2,662,575 $1,817,289 $17,338,664
         
Notes Redeemable from General Fund Revenue        
Bond Anticipation Notes $- $581,245 $- $581,245
Total Notes $- $581,245 $- $581,245

Occasionally during the fiscal year, cash resulting from bond refunding 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
- with various due dates from
March 2009 $74,215 $73,315 - December 2010 through 2017
September 2008 97,690 100,000 September 2020
January 2009 415,035 406,285 - February 2022
Totals      
  $586,940 $579,600