| Revenue Bond Coverage | |||||||
| Rental Housing | |||||||
| Last Ten Fiscal Years | |||||||
| (Expressed in Thousands) | |||||||
| GROSS RECEIPTS |
NET REVENUE AVAILABLE FOR DEBT SERVICE |
||||||
|---|---|---|---|---|---|---|---|
| FOR THE YEAR ENDED JUNE 30, |
USED FOR DEBT SERVICES (1) |
DIRECT OPERATING EXPENSES (2) |
DEBT SERVICE REQUIREMENTS | ||||
| PRINCIPAL | INTEREST | TOTAL | COVERAGE | ||||
| 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 | 0 | 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 | 7856 | 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 | 5774 | 17170 | 0.79 |
| 2000 | 8,494 | 20 | 8,474 | 10,070 | 5,627 | 15,697 | 0.54 |
| 2001 | 8,768 | 12 | 8,756 | 13,977 | 4,588 | 18565 | 0.47 |
(1) Includes Operating and Non-Operating Revenues and Principal Collections.
(2) Includes Operating Expenses Less Depreciation, Amortization, Interest Expenses, and Provision for Loan Losses.
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SOURCES: |
Combining Statement of Revenues, Expenses, and Changes in Retained Earnings |
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|
Combining Statement of Cash Flows |