CAPITAL PROJECTS FUNDS
SCHEDULE E-3
CHANGES IN BONDS AND NOTES OUTSTANDING | SCHEDULE E-3 | ||||
---|---|---|---|---|---|
JULY 1, 2000 TO JUNE 30, 2001 | |||||
(In Thousands) | |||||
OUTSTANDING 7/1/00 |
ADDITIONS 2000-01 |
RETIRED/ DEFEASED 2000-01 |
OUTSTANDING 6/30/01 |
||
Bonds Redeemable From General and Transportation | |||||
Fund Revenues | |||||
Capital Improvements and Other Purposes | $2,107,419 | $583,512 | $446,805 | $2,244,126 | |
School Construction | 1,232,503 | 60,800 | 203,971 | 1,089,332 | |
Municipal and Other Grants and Loans | 1,516,672 | 430,628 | 247,799 | 1,699,501 | |
Elderly Housing | 19,905 | - | - | 19,905 | |
Elimination of Water Pollution | 343,169 | 14,004 | 76,383 | 280,790 | |
Specific Highway Purposes | 14,938 | - | 530 | 14,408 | |
Infrastructure Improvement | 3,022,163 | 225,000 | 185,630 | 3,061,533 | |
Other Transportation | 613 | - | - | 613 | |
General Obligation Refunding | 1,475,000 | 504,575 | 135,410 | 1,844,165 | |
Miscellaneous | 93,656 | 12,865 | 7,483 | 99,038 | |
Total From General and Transportation Funds | 9,826,038 | 1,831,384 | 1,304,011 | 10,353,411 | |
Bonds Redeemable From Other Sources | |||||
Unemployment Compensation | 368,985 | - | 368,985 | - | |
University and State University | 168,857 | - | 15,772 | 153,085 | |
Bradley International Airport | 131,770 | 213,180 | 23,355 | 321,595 | |
Rental Housing | 84,900 | - | 4,900 | 80,000 | |
Clean Water Fund | 549,880 | 100,000 | 24,915 | 624,965 | |
Regional Market | 135 | - | 50 | 85 | |
Second Injury Fund | 86,080 | 124,100 | 5,330 | 204,850 | |
Total From Other Sources | 1,390,607 | 437,280 | 443,307 | 1,384,580 | |
Total Bonds Outstanding | $11,216,645 | $2,268,664 | $1,747,318 | $11,737,991 |
During the fiscal year, two bond refundings took place with the bond proceeds along with any additional funds being placed in an irrevocable trust for investments in U.S. Government Securities and eventual payment of the following bonds which are now considered defeased. Additionally, $183.9 million of Unemployment Compensation bonds were defeased with cash during the fiscal year.
Refunding Date |
Refunding Bonds Issued |
Defeased Bonds |
||
---|---|---|---|---|
March 2001 | $ 19,180 | $ 16,600 | - | with various due dates from October 1, 2011 through 2012 |
June 2001 | $ 504,575 | $ 514,580 | - | with various due dates from November 15, 2004 through 2016 |
Totals | $ 523,755 | $ 531,180 |