State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1998 Revenue Bond Coverage Rental Housing

State of Connecticut

Revenue Bond Coverage
Rental Housing
Last Ten Fiscal Years
(Expressed in Thousands)
GROSS RECEIPTS NET REVENUE
USED DIRECT AVAILABLE DEBT SERVICE REQUIREMENTS
FOR THE YEAR FOR DEBT OPERATING FOR DEBT
ENDED JUNE 30, SERVICES (1) EXPENSES (2) SERVICE PRINCI-
PAL
INTER-
EST
TOTAL COVER-
AGE
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
1997 7,329 33 7,296 2,175 7,814 9,989 0.73
1998 8,204 512 7,692 5,101 7,566 12,667 0.61
(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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