State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1999 Revenue Bond Coverage Connecticut Housing Finance Authority

State of Connecticut

Revenue Bond Coverage
Connecticut Housing Finance Authority

Last Ten Fiscal Years
(Expressed in Thousands)

FOR THE YEAR
ENDED DEC. 31,
GROSS RECEIPTS
USED
FOR DEBT
SERVICES (1)
DIRECT
OPERATING
EXPENSES (2)
NET REVENUE
AVAILABLE
FOR DEBT
SERVICE
DEBT SERVICE REQUIREMENTS
PRINCIPAL INTEREST TOTAL COVERAGE
1989 362,041 23,911 338,130 105,335 190,882 296,217 1.14
1990 382,364 40,999 341,365 260,750 202,547 463,297 0.74
1991 385,139 34,819 350,320 103,405 207,415 310,820 1.13
1992 456,281 28,611 427,670 455,505 206,268 661,773 0.65
1993 556,670 42,778 513,892 544,375 192,589 736,964 0.70
1994 483,683 30,910 452,773 622,215 173,843 796,058 0.57
1995 421,706 38,373 383,333 452,210 174,752 626,962 0.61
1996 460,395 33,202 427,193 398,950 179,034 577,984 0.74
1997 441,020 23,383 417,637 201,475 187,070 388,545 1.07
1998 500,661 23,273 477,388 435,655 193,364 629,019 0.76
(1) Includes Operating and Non-Operating Revenues and Principal Collected on Loans.
(2) Includes Operating Expenses Less Depreciation, Amortization, Interest Expenses, and Provision for Loan Losses.
SOURCE: Connecticut Housing Finance Authority Financial Statements.

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