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<br />REVENUE BOND DEBT DATA
<br />(As of September 30, 2005)
<br />
<br />TABLE CD.7
<br />
<br />Revenue Bond Debt Principal Outstanding:
<br />Waterworks and Sewer System Revenue Bonds, Series 1997
<br />
<br />Waterworks and Sewer System Revenue Refunding Bonds, Series 1998
<br />Waterworks and Sewer System Revenue Bonds, Series 2000
<br />General Obligation Refunding Bonds 2003 (retired by utility revenues)
<br />Total Gross Revenue Debt
<br />
<br />$
<br />
<br />$
<br />
<br />3,595,000
<br />5,165,000
<br />8,705,000
<br />3,463,200
<br />20,928,200
<br />
<br />Note: Does not include general obligation self-supporting debt
<br />
<br />REVENUE BONDS DEBT SERVICE REQUIREMENTS TABLE CD.S
<br /> Currently
<br /> Outstanding Total
<br />Fiscal Year Revenue The Series 2000 Bonds Debt
<br />Endinq 9/30 Debt Service Principal Interest Total Service
<br />2006 $ 1,288,063 $ 380,000 $ 514,434 $ 894,434 $ 2,182,497
<br />2007 1,293,745 400,000 488,309 888,309 2,182,054
<br />2008 1,291,355 425,000 460,809 885,809 2,177,164
<br />2009 1,287,955 455,000 431,590 886,590 2,174,545
<br />2010 1,294,320 480,000 400,309 880,309 2,174,629
<br />2011 1,296,718 505,000 367,309 872,309 2,169,027
<br />2012 1,300,038 530,000 340,165 870,165 2,170,203
<br />2013 432,000 560,000 311,015 871,015 1,303,015
<br />2014 434,000 600,000 280,215 880,215 1,314,215
<br />2015 436,900 630,000 246,465 876,465 1,313,365
<br />2016 438,900 665,000 210,240 875,240 1,314,140
<br />2017 705,000 172,003 877,003 877,003
<br />2018 745,000 131,113 876,113 876,113
<br />2019 790,000 87,344 877,344 877,344
<br />2020 835,000 44,881 879,881 879,881
<br /> $ 10,793,994 $ 8,705,000 $ 4,486,201 $ 13,191,201 $ 23,985,195
<br />
<br />The City has historically paid debt service requirements on its general obligation System debt from Surplus Revenues of the
<br />System and intends to continue to do so in the future. However, in the event the Surplus Revenues are not on deposit or budgeted
<br />for deposit in the Interest and Sinking Fund in advance of the time when ad valorem taxes are scheduled to be levied, then the City
<br />is obligated to levy and collect an ad valorem tax sufficient to pay principal of and interest on such System debt and the outstanding
<br />general obligation bonds.
<br />
<br />101
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