State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1999 Revenue Bond Coverage Rental Housing

Revenue Bond Coverage
Rental Housing
Last Ten Fiscal Years
(Expressed in Thousands)

FOR THE YEAR ENDED JUNE 30,	GROSS RECEIPTS USED FOR DEBT SER- VICES (1)	DIRECT OPER- ATING EXPENSES (2)	NET REVENUE AVAIL- ABLE FOR DEBT SERVICE	DEBT SERVICE REQUIREMENTS
FOR THE YEAR ENDED JUNE 30,	GROSS RECEIPTS USED FOR DEBT SER- VICES (1)	DIRECT OPER- ATING EXPENSES (2)	NET REVENUE AVAIL- ABLE FOR DEBT SERVICE	PRIN- CIPAL	INTEREST	TOTAL	COVER- AGE
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
1999	13,596	65	13,531	11,396	5,774	17,170	0.79

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

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