Last Ten Fiscal Years
(Expressed in Thousands)
| FOR THE YEAR ENDED JUNE 30, | GROSS RECEIPTS USED FOR DEBT SERVICES(1) | DIRECT OPERATING EXPENSES(2) | AVAILABLE FOR DEBT SERVICE | DEBT SERVICE REQUIREMENTS | |||
|---|---|---|---|---|---|---|---|
| PRIN- CIPAL | INTE- REST | TOTAL | COVE- RAGE | ||||
| 1987 | $253,375 | $1,901 | $251,474 | $103,157 | $135,561 | $238,718 | 1.05 |
| 1988 | 272,954 | 2,034 | 270,920 | 122,331 | 137,169 | 259,500 | 1.04 |
| 1989 | 341,359 | 2,494 | 338,865 | 192,285 | 139,536 | 331,821 | 1.02 |
| 1990 | 236,158 | 2,880 | 233,278 | 83,363 | 144,287 | 227,650 | 1.02 |
| 1991 | 308,592 | 8,812 | 299,780 | 177,784 | 122,300 | 300,084 | 1.00 |
| 1992(3) | 32,205 | 8,068 | 24,137 | 7,340 | 15,651 | 22,991 | 1.05 |
| 1993 | 39,344 | 9,678 | 29,666 | 14,300 | 10,988 | 25,288 | 1.17 |
| 1994 | 54,748 | 16,584 | 38,164 | 30,606 | 6,424 | 37,030 | 1.03 |
| 1995 | 55,459 | 11,365 | 44,094 | 41,715 | 9,221 | 50,936 | 0.87 |
| 1996 | 52,459 | 12,767 | 39,692 | 17,665 | 7,610 | 25,275 | 1.57 |
(1) Includes Operating and Non-Operating Revenues and Principal Collected on Loans.
(2) Includes Operating Expenses Less Depreciation, Amortization, and Interest Expenses.
(3) Beginning in 1992, the Authority no longer includes the assets and liabilities of its Self-Sustaining
Bond Program in its financial statements. See Note15b.
SOURCE: Connecticut Development Authority Financial Statements
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