State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1998 Revenue Bond Coverage Connecticut Higher Education Supplemental Loan Authority

State of Connecticut

Revenue Bond Coverage
Connecticut Higher Education Supplemental Loan Authority
Last Five Fiscal Years
(Expressed in Thousands)
NET REVENUE
DIRECT AVAILABLE DEBT SERVICE REQUIREMENTS
FOR THE YEAR GROSS OPERATING FOR DEBT
ENDED JUNE 30, REVENUES(1) EXPENSES (2) SERVICE PRINCIPAL INTEREST TOTAL COVER-
AGE
1994 $8,778 $1,083 $7,695 $5,630 $3,858 $9,488 0.81
1995 10,511 1,509 9,002 2,940 5,097 8,037 1.12
1996 11,525 1,795 9,730 3,970 4,939 8,909 1.09
1997 18,502 1,388 17,114 5,125 5,796 10,921 1.57
1998 15,469 2,040 13,429 5,995 5,670 11,665 1.15
(1) Includes Operating and Non-Operating Revenues and Principal Collections.
(2) Includes Operating Expenses Less Depreciation, Amortization, Interest Expenses and Provision for Loan Losses.
SOURCE: Connecticut Higher Education Suplemental Loan Authority Financial Statements

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