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1990-91 OPERATING BUDGET <br />PROJECTED DEBT RATIOS THROUGH 1994 <br /> <br />~ PROJECTED <br />1990/91 PROJECTED <br />1991/92 PROJECTED <br />1992!93 PROJECTED <br />1993/'94 FINAL PMT <br />YEAR j <br /> <br />PR O~ECTED GENERAL <br />FUND REVENUE <br /> <br />S3o,20voo0 <br /> <br />532,300,000 <br /> <br />534,400,000 <br /> <br />536,400,000 I <br />EXISTING DEBT SERVICE: <br />(Collateralized by General Fund <br />Revenues <br /> <br />~~ <br />' 1987 C.O.P. $840 000 $840 000 $835000 $835000 2008 <br />• * 1988 C.O.P 1 15 000 1 15 000 1 15000 1 15 000 2014 <br />General Obli ation Bonds 105 000 105 000 100 000 105000 1998 <br />E ui ment Ca ital Leases 250 000 140 000 110 000 0 1993 <br />Sub-Total 52,410,000 52,300,000 52,260,000 S2,ISS,000 <br />EXISTING DEBT RATIO <br />(Debt Service:Revenue) <br />B.OJb <br />7.19b' <br />6.64b <br />S.9°.& <br />PROPOSED DEBT SERVICE <br />IN THE CIP: <br />Senior Center $0 $183 697 S502 986 $503 850 2012 <br />Cit Radio S tem 0 150 000 275 000 275000 2002 <br />Sub-Total 50 5333,697 5777,986 5778,SS0 <br />TOTAL EXISTING AND <br />PROPOSED DEBT SERVICE <br />52,410,000 <br />52,633,697 <br />53,037,986 <br />52,933,SS0 <br />EXISTING ~ PR OPOSED <br />DEBT RATIO <br />8.4516 <br />8.25' <br />8.8~b <br />8.1 %' <br />OTHER EXISTING DEBT: <br />Collateralized with Sewer Revenues <br />1989 C.O.P. (Cross-Town Interceptor $455,000 $455,000 $460,000 $460,000 2009 <br />Finances the Sycamore Reservoir and 123 Main Street. Although water revenue will fund part of the debt <br />service, in reality the General end is still viewed in the financial market as the actual collateral. <br />" Finances the Operations Service Center (OSC) and the Police building. <br />DBTRA9IB <br />uilz~i <br />