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REVENUE BOND COVERAGE
<br />(1) On June 1, 1988, ;1,050,000 of debt was defeased and new debt
<br />m in the amount of ;8,240,000 was issued.
<br />(2) Including -interest capitalized.
<br />SANITARY LANDFILL
<br />LAST TEN FISCAL YEARS
<br />SEPTEMBER 30, 1990
<br />TABLE 10
<br />NET REVENUE
<br />DIRECT
<br />AVAILABLE
<br />DEBT SERVICE
<br />REQUIREMENTS
<br />FISCAL
<br />GROSS
<br />OPERATING
<br />FOR DEBT
<br />.
<br />YEAR ENDED
<br />REVENUES
<br />EXPENSES
<br />SERVICE
<br />PRINCIPAL
<br />INTEREST
<br />TOTAL
<br />COVERAGE
<br />1981
<br />; 760,956
<br />; 328,406
<br />; 432,550
<br />; 80,000
<br />; 92,220
<br />; 172,980
<br />2.51
<br />1982
<br />775,403
<br />442,305
<br />333.098
<br />85►000
<br />87,980
<br />172,980
<br />1.92
<br />1983
<br />787,489
<br />514,946
<br />272,543
<br />90,000
<br />83,078
<br />173,078
<br />1.57
<br />1984
<br />813,213
<br />560►335
<br />252,878
<br />100,000
<br />78,263
<br />178,263
<br />1.42
<br />1985
<br />977,708
<br />624.957
<br />352,751
<br />105,000
<br />75,434
<br />180,434
<br />1.96
<br />1986
<br />1,380,763
<br />710,295
<br />670,468
<br />110,000
<br />69,658
<br />179,658
<br />3.73
<br />1987
<br />1,827,027
<br />756,609
<br />1,070,418
<br />120,000
<br />63,586
<br />183,586
<br />5.83
<br />1988
<br />2,281►584
<br />.927,423
<br />1,354,161
<br />-0-
<br />(1) 221,800
<br />221,800
<br />6.11
<br />1989
<br />4,688,294-(2)
<br />1,525,703,
<br />3,162,591
<br />390,000
<br />541,605
<br />(2) 931,605
<br />3.39
<br />1990
<br />6,010.717
<br />2,234,830
<br />3.775.887
<br />410,000
<br />518,915
<br />928,915
<br />4.06
<br />(1) On June 1, 1988, ;1,050,000 of debt was defeased and new debt
<br />m in the amount of ;8,240,000 was issued.
<br />(2) Including -interest capitalized.
<br />REVENUE BOND COVERAGE
<br />TABLE 11
<br />WATER AND SEWER BONDS
<br />LAST TEN FISCAL YEARS
<br />SEPTEMBER 30, 1990
<br />.
<br />NET REVENUE
<br />DIRECT
<br />AVAILABLE DEBT
<br />SERVICE REQUIREMENTS
<br />FISCAL
<br />GROSS
<br />OPERATING
<br />FOR DEBT
<br />YEAR ENDED
<br />REVENUES
<br />EXPENSES
<br />SERVICE PRINCIPAL
<br />INTEREST
<br />TOTAL
<br />COVERAGE
<br />1981
<br />; 489,011
<br />S 401,444 ;
<br />87,567 i 4,000
<br />; 20.125
<br />; 24,125
<br />3.63
<br />1982
<br />694,703
<br />593►342
<br />101,361 4,000
<br />31.725
<br />35,725
<br />2.84
<br />1983
<br />1,468,307
<br />953,500
<br />514,807 6,000
<br />329,403
<br />335.403
<br />1.53
<br />1984
<br />2,148,521
<br />1,104,741
<br />1,043,780 6,000
<br />569,997
<br />575,997
<br />1.81
<br />1985
<br />2,188,849
<br />1,399.038
<br />789,811 6o,9oo
<br />353,004
<br />413,904
<br />.1.91
<br />1986
<br />2,807,022
<br />1,791,169
<br />1,015,853 65,000
<br />456,439
<br />521,439
<br />.1.95
<br />1987
<br />3,491,458
<br />1,767,229
<br />1,724,229 93,000
<br />453,674
<br />546,674
<br />3.15
<br />1988
<br />4,067,269
<br />2,356,701
<br />1,710,568 98,000
<br />448.418
<br />546,418
<br />3.13
<br />1989
<br />- 4,988,929
<br />3.144,404
<br />1,844,525 -0-
<br />768,090
<br />768,090
<br />2.40
<br />1990
<br />5,935,522
<br />4,478,469
<br />1,457,053 65,000
<br />796,755
<br />861,755
<br />1.6.1
<br />REVENUE BOND COVERAGE
<br />GOLF COURSE
<br />TABLE 12
<br />LAST THREE FISCAL YEARS
<br />SEPTEMBER 30, 1990
<br />NET REVENUE
<br />DIRECT
<br />AVAILABLE
<br />DEBT SERVICE REQUIREMENTS
<br />FISCAL
<br />GROSS
<br />OPERATING
<br />FOR DEBT
<br />YEAR ENDED
<br />REVENUES
<br />EXPENSES
<br />SERVICE PRINCIPAL
<br />INTEREST
<br />TOTAL
<br />COVERAGE
<br />1988 (1)
<br />;1,125,389
<br />; 841.915
<br />; 283,474 i -0-
<br />;203.818
<br />;203,818
<br />1.39
<br />1989
<br />1,313.313
<br />963,418
<br />349.945 -0-
<br />203,818
<br />203,818
<br />1.72
<br />1990
<br />1,526,621
<br />1,098,544
<br />428.077 -0-
<br />203,818
<br />203,818
<br />2.10
<br />. (1) 1988
<br />was the first
<br />complete Y of ear operations
<br />9
<br />4
<br />MAY
<br />1991
<br />
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