Comprehensive Annual Financial Report Revenue Bond Coverage - Rental Housing

State of Connecticut

Revenue Bond Coverage
Rental Housing

Last Ten Fiscal Years

(Expressed in Thousands)

GROSS RECEIPTSNET REVENUE
USEDDIRECT AVAILABLEDEBT SERVICE REQUIREMENTS
FOR THE YEARFOR DEBTOPERATINGFOR DEBT
ENDED JUNE 30,SERVICES (1)EXPENSES (2)SERVICEPRINCIPALINTERESTTOTALCOVERAGE
1986 $9,790 $1,979 $7,811 $2,450 $6,970 $9,420 0.83
1987 11,379 2,257 9,122 2,450 6,293 8,743 1.04
1988 7,985 2,483 5,502 5,950 6,090 12,040 0.46
1989 13,206 3,210 9,996 1,550 7,480 9,030 1.11
1990 16,106 4,205 11,901 1,550 8,694 10,244 1.16
1991 18,113 3,234 14,879 1,550 11,360 12,910 1.15
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 -16,102 2,038 12,991 15,029 1.07
1995 14,012 61 13,951 1,052 8,310 9,362 1.49

(1) Includes Operating and Non-Operating Revenues and Principal Collections.
(2) Includes Operating Expenses Less Depreciation, Amortization, Interest Expenses, and Provision for Loan Losses.

SOURCES: Annual Report of the State Comptroller 1986
Annual Report of the Treasurer 1986
Combining Statement of Revenues Expenses, & Changes in Retained Earnings
Combining Statement of Cash Flows

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