| CHANGES IN BONDS AND NOTES OUTSTANDING JULY 1, 1996 TO JUNE 30, 1997 (In Thousands) | SCHEDULE E-3 | ||||
OUTSTANDING 7/1/96 | ISSUED 1996-97 | RETIRED/ DEFEASED 1996-97 | OUTSTANDING 6/30/97 | ||
| Bonds Redeemable from General and Transportation Fund Revenues | |||||
| Capital Improvements and Other Purposes | $ 1,808,393 | $ 290,002 | $ 185,217 | $ 1,913,178 | |
| School Construction | 721,699 | 107,670 | 55,000 | 774,369 | |
| Muncipal and Other Grants and Loans | 1,486,713 | 292,423 | 177,838 | 1,601,298 | |
| Elderly Housing | 31,514 | 151 | 3,610 | 28,055 | |
| Elimination of Water Pollution | 289,418 | 28,235 | 16,508 | 301,145 | |
| Public Transportation | 15,053 | - | 5,053 | 10,000 | |
| Specific Highway Purposes | 1,110 | - | 1,110 | - | |
| Infrastructure Improvement | 3,112,032 | 229,795 | 212,915 | 3,128,912 | |
| Other Transportation | 18,940 | 665 | 316 | 19,289 | |
| General Obligation Refunding | 1,293,030 | 81,555 | 85,375 | 1,289,210 | |
| Miscellaneous | 72,148 | 18,246 | 8,921 | 81,473 | |
| Total from General and Transportation Funds | 8,850,050 | 1,048,742 | 751,864 | 9,146,929 | |
| Bonds Redeemable From Other Sources | |||||
| Unemployment Compensation | 911,505 | - | 97,000 | 814,505 | |
| University and State University | 79,453 | 10,000 | 9,362 | 80,091 | |
| Bradley International Airport | 90,540 | - | 2,820 | 87,720 | |
| Rental Housing | 116,875 | - | 1,000 | 115,875 | |
| Clean Water Fund | 388,420 | - | 15,395 | 373,025 | |
| Regional Market | 1,175 | - | 135 | 1,040 | |
Second Injury Fund | - | 100,000 | - | 100,000 | |
| Total From Other Sources | 1,587,968 | 110,000 | 125,712 | 1,572,256 | |
Total Bonds Outstanding | $10,438,018 | $ 1,158,742 | $ 877,576 | $ 10,719,185 | |
| Notes Redeemable from General Fund Revenue | |||||
| Economic Recovery Notes | $ 236,055 | $ - | $ 79,000 | $ 157,055 | |
| During the fiscal year, two bond refundings took place with the bond proceeds along with any additional funds being placed in a irrevocable trust fund 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 | |||
| October 1996 | $ 79,795 | $ 79,670 | with various due dates from October 1, 2005 through 2009 | ||
| November 1996 | 81,555 | 77,445 | with various due dates from March 1, 2000 through 2005 | ||
| Totals | $ 161,350 | $ 157,115 | |||