Revenue Bond Coverage Connecticut Development Authority Statistical Section Comprehensive Annual Financial Report Fiscal Year Ended June 30, 2001

State of Connecticut

Revenue Bond Coverage
Connecticut Development Authority
Last Ten Fiscal Years
(Expressed in Thousands)
NET REVENUE
AVAILABLE
FOR DEBT
SERVICE
FOR THE YEAR
ENDED JUNE 30,
GROSS RECEIPTS
USED
FOR DEBT
SERVICES (1)
DIRECT
OPERATING
EXPENSES (2)
DEBT SERVICE REQUIREMENTS
PRINCIPAL INTEREST TOTAL COVERAGE
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
1997 62678 14,244 48,434 8,685 7,101 15,786 3.07
1998 52,378 17,553 34,825 8,760 7,991 16,751 2.08
1999 57,570 18,335 39,235 9,880 7,609 17,489 2.24
2000 86,391 20,386 66,005 11,825 7,166 18,991 3.48
2001 54,155 21,219 32,936 9,880 5,535 15,415 2.14
 

(1) Includes Operating and Non-Operating Revenues and Principal Collected on Loans.
(2) Includes Operating Expenses Less Depreciation, Amortization, Interest Expenses and Provision for Loan Losses.
(3) Beginning in 1992, the Authority no longer includes the assets and liabilities of its Self-Sustaining Bond Program in its financial statements. See Note 15b.

SOURCE: Connecticut Development Authority Financial Statements