Comprehensive Annual Financial Report Revenue Bond Coverage - Connecticut Development Authority

State of Connecticut

Revenue Bond Coverage
Connecticut Development Authority

Last Ten Fiscal Years

(Expressed in Thousands)

GROSS RECEIPTS
USEDDIRECTAVAILABLEDEBT SERVICE REQUIREMENTS
FOR THE YEARFOR DEBTOPERATINGFOR DEBT
ENDED JUNE 30,SERVICES (1)EXPENSES (2)SERVICEPRINCIPALINTERESTTOTALCOVERAGE
1986 $279,002 $1,830 $277,172 $126,178 $141,057 $267,235 1.04
1987 253,375 1,901 251,474 103,157 135,561 238,718 1.05
1988 272,954 2,034 270,920 122,331 137,169 259,500 1.04
1989 341,359 2,494 338,865 192,285 139,536 331,821 1.02
1990 236,158 2,880 233,278 83,363 144,287 227,650 1.02
1992(3)308,592 8,812 299,780 177,784 122,300 300,084 1.00
1991 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 32,268 23,191 41,715 7,636 49,351 0.47


(1) Includes Operating and Non-Operating Revenues and Principal Collected on Loans.
(2) Includes Operating Expenses Less Depreciation, Amortization, and Interest Expenses
(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

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