STATE OF CONNECTICUT Comprehensive Annual Financial Report - Revenue Bond Coverage Rental Housing

State of Connecticut

Revenue Bond Coverage
Rental Housing

Last Ten Fiscal Years
(Expressed in Thousands)

FOR THE YEAR
ENDED JUNE 30,
GROSS RECEIPTS
USED FOR DEBT SERVICES (1)
DIRECT OPERATING EXPENSES (2)NET REVENUE AVAILABLE FOR DEBT SERVICE DEBT SERVICE REQUIREMENTS
PRINCIPALINTERESTTOTALCOVERAGE
1987 $11,379 $2,257 $9,122 $2,450 $6,293 $8,743 1.04
1988 7,985 2,483 5,502 5,950 6,090 12,040 0.46
1989 13,206 3,210 9,996 1,550 7,480 9,030 1.11
1990 16,106 4,205 11,901 1,550 8,694 10,244 1.16
1991 18,113 3,234 14,879 1,550 11,360 12,910 1.15
1992 10,071 1,267 8,804 1,550 8,562 10,112 0.87
1993 17,163 1,585 15,578 1,000 7,805 8,805 1.77
1994 16,102 - 16,102 2,038 12,991 15,029 1.07
1995 14,012 61 13,951 1,052 8,310 9,362 1.49
1996 10,225 1,329 8,896 2,305 7,856 10,161 0.88

(1) Includes Operating and Non-Operating Revenues and Principal Collections.
(2) Includes Operating Expenses Less Depreciation, Amortization, Interest Expenses, and Provision for Loan Losses.

SOURCES:
Combining Statement of Revenues, Expenses, and Changes in Retained Earnings
Combining Statement of Cash Flows

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