CAPITAL PROJECTS FUNDS
SCHEDULE E-3
| CHANGES IN BONDS AND NOTES OUTSTANDING | SCHEDULE E-3 | |||||
|---|---|---|---|---|---|---|
| JULY 1, 2002 TO JUNE 30, 2003 | ||||||
| (In Thousands) | ||||||
|
OUTSTANDING 7/1/2002 |
ADDITIONS 2002-03 |
RETIRED/ DEFEASED 2002-03 |
OUTSTANDING 6/30/2003 |
|||
| Bonds Redeemable From General and Transportation Fund Revenues | ||||||
| Bonds Redeemable From General and Transportation | ||||||
| Fund Revenues | ||||||
| Capital Improvements and Other Purposes | $2,315,390 | $711,043 | $331,937 | $2,694,496 | ||
| School Construction | 1,304,618 | 444,455 | 201,389 | 1,547,684 | ||
| Municipal and Other Grants and Loans | 1,742,944 | 187,932 | 206,251 | 1,724,625 | ||
| Elderly Housing | 19,905 | - | 2,539 | 17,366 | ||
| Elimination of Water Pollution | 289,076 | 25,000 | 24,439 | 289,637 | ||
| Specific Highway Purposes | 13,878 | - | 2,650 | 11,228 | ||
| Infrastructure Improvement | 3,144,908 | 636,980 | 595,770 | 3,186,118 | ||
| Other Transportation | 499 | - | - | 499 | ||
| General Obligation Refunding | 2,162,405 | 326,760 | 172,300 | 2,316,865 | ||
| Miscellaneous | 144,068 | 1,480 | 2,140 | 143,408 | ||
| Total From General and Transportation Funds | 11,137,691 | 2,333,650 | 1,539,415 | 11,931,926 | ||
| Bonds Redeemable From Other Sources | ||||||
| University and State University | 219,739 | - | 9,198 | 210,541 | ||
| Bradley International Airport | 317,735 | - | 5,775 | 311,960 | ||
| Rental Housing | 80,000 | - | 80,000 | - | ||
| Clean Water Fund | 593,925 | - | 27,050 | 566,875 | ||
| Regional Market | 25 | - | 5 | 20 | ||
| Second Injury Fund | 154,020 | - | 42,890 | 111,130 | ||
| Total From Other Sources | 1,365,444 | - | 164,918 | 1,200,526 | ||
| Total Bonds Outstanding | $12,503,135 | $2,333,650 | $1,704,333 | $13,132,452 | ||
| Notes Redeemable from General Fund Revenue | ||||||
| Economic Recovery Notes | $- | $219,235 | $- | $219,235 | ||
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.
| Refunding Date |
Refunding Bonds Issued |
Defeased Bonds |
||
|---|---|---|---|---|
| August 2002 | $ 256,375 | $ 263,225 | - | with various due dates from |
| November 15, 2003 through 2016 | ||||
| January 2003 | 421,980 | 379,455 | - | with various due dates from |
| February 1, 2004 through 2022 | ||||
| April 2003 | 70,385 | 72,570 | - | with various due dates from |
| August 1, 2004 through 2007 | ||||
| Totals | $ 748,740 | $ 715,250 |