|
|
|
FY2004 |
|
FY2005 |
|
FY2006 |
|
FY2007 |
|
FY2008 |
|
FY2009 |
|
FY2010 |
|
FY2011 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tax-Supported
General Obligation Debt (Except IDA Lease Rev. Bonds) |
$503,014,340 |
|
$552,660,288 |
|
$598,909,768 |
|
$647,494,047 |
|
$665,908,117 |
|
$700,487,965 |
|
$695,923,399 |
|
$661,812,072 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Tax-Supported
Subject to Appropriation ("STA") Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Capital Equipment Leases (1) |
|
6,306,885 |
|
6,897,913 |
|
4,298,785 |
|
2,441,672 |
|
1,400,459 |
|
817,844 |
|
445,060 |
|
108,817 |
|
|
IDA Lease Revenue Bonds (6) |
|
60,540,000 |
|
60,540,000 |
|
58,085,000 |
|
55,215,000 |
|
52,180,000 |
|
47,120,000 |
|
41,900,000 |
|
36,515,000 |
|
|
Peumansend Creek Regional Jail |
|
1,711,458 |
|
1,587,858 |
|
1,464,258 |
|
1,340,952 |
|
1,217,047 |
|
1,091,854 |
|
968,254 |
|
847,938 |
|
|
No. Va. Criminal Justice Academy |
|
152,619 |
|
151,810 |
|
147,936 |
|
167,665 |
|
168,023 |
|
-
|
|
-
|
|
-
|
|
|
Subtotal |
|
$68,710,962 |
|
$69,177,581 |
|
$63,995,979 |
|
$59,165,289 |
|
$54,965,529 |
|
$49,029,698 |
|
$43,313,314 |
|
$37,471,755 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Project-Supported
Subject to Appropriation ("STA") Debt (2) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ballston Public Parking Garage |
|
15,300,000 |
|
14,800,000 |
|
14,300,000 |
|
13,800,000 |
|
13,300,000 |
|
12,800,000 |
|
12,300,000 |
|
11,800,000 |
|
|
Woodbury Park
Apartments (4) |
|
-
|
|
-
|
|
|
|
|
|
|
|
$
0 |
|
|
|
|
|
|
IDA Lease Revenue Bonds (Ballston Skating Facility
Project) (8) |
|
-
|
|
35,700,000 |
|
35,700,000 |
|
34,885,000 |
|
34,030,000 |
|
33,140,000 |
|
32,210,000 |
|
31,240,000 |
|
|
Waste-to-Energy Plant
(3) |
|
32,960,000 |
|
29,775,000 |
|
26,340,000 |
|
22,640,000 |
|
18,395,000 |
|
15,400,000 |
|
-
|
|
-
|
|
|
Gates of Ballston (4a) |
|
-
|
|
-
|
|
23,000,000 |
|
23,000,000 |
|
23,000,000 |
|
23,000,000 |
|
23,000,000 |
|
23,000,000 |
|
|
Gates of Arlington (4) |
|
8,200,000 |
|
7,000,000 |
|
-
|
|
-
|
|
-
|
|
-
|
|
-
|
|
-
|
|
|
Buckingham Apartments
(5) |
|
-
|
|
-
|
|
-
|
|
-
|
|
-
|
|
$ - |
|
|
|
|
|
|
Subtotal |
|
$56,460,000 |
|
$87,275,000 |
|
$99,340,000 |
|
$94,325,000 |
|
$88,725,000 |
|
$84,340,000 |
|
$67,510,000 |
|
$66,040,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| LESS: State Regional Jail Reimbursement (5) |
|
(1,126,000) |
|
(1,126,000) |
|
(1,126,000) |
|
(1,126,000) |
|
(1,126,000) |
|
(1,126,000) |
|
(1,126,000) |
|
(1,126,000) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total
Tax-Supported General Obligation (GO) & ALL STA Financings |
|
$627,059,302 |
|
$707,986,869 |
|
$761,119,747 |
|
$799,858,336 |
|
$808,472,646 |
|
$832,731,663 |
|
$805,620,713 |
|
$764,197,826 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Tax-Supported GO and Tax-Supported STA Financings |
|
$570,599,302 |
|
$620,711,869 |
|
$661,779,747 |
|
$705,533,336 |
|
$719,747,646 |
|
$748,391,663 |
|
$738,110,713 |
|
$698,157,826 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Project-Supported STA Financings
(2) |
|
$56,460,000 |
|
$87,275,000 |
|
$99,340,000 |
|
$94,325,000 |
|
$88,725,000 |
|
$84,340,000 |
|
$67,510,000 |
|
$66,040,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Market Value of
Taxable Property |
|
$38,062,505,888 |
|
$44,638,523,184 |
|
$45,977,678,880 |
|
$47,357,009,246 |
|
$48,777,719,523 |
|
$50,241,051,109 |
|
$51,748,282,642 |
|
$53,300,731,122 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Tax-Supported
GO & ALL STA Financings |
|
1.65% |
|
1.59% |
|
1.66% |
|
1.69% |
|
1.66% |
|
1.66% |
|
1.56% |
|
1.43% |
|
| |
as Percent of Market Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Tax-Supported GO & Tax-Supported STA Financings |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
as Percent of Market Value |
|
1.50% |
|
1.39% |
|
1.44% |
|
1.49% |
|
1.48% |
|
1.49% |
|
1.43% |
|
1.31% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Project-Supported STA Financings
(Credit Enhancement) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
as Percent of
Market Value (2) |
|
0.15% |
|
0.20% |
|
0.22% |
|
0.20% |
|
0.18% |
|
0.17% |
|
0.13% |
|
0.12% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (1) New Master Lease Agreement was signed in
November 2003. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (2) Debt service on these financings is
intended to be repaid by user fees or tenant rental income, not by County
General Fund revenues. |
|
|
|
|
|
|
|
|
|
| (3) Includes Arlington's share of the
EPA-mandated retrofit of the waste-to-energy plant. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (4) A loan
agreement was signed with Fannie Mae in Nov. 2002. The loan was for $10.0 million. The first payment was due Feb. 2003. Debt will be re-funded with long-term financing as included in
Gates of Ballston Project included in this chart. |
| (4a) The County
Board approved the credit support for the long-term financing of the Gates of
Ballston for an amount not to exceed $23.0 million. The final number will be confirmed when AHC Inc. closes the
bonds debt by June 30, 2005. |
|
| (5) Includes principal only. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (6) Includes the
following projects: Arlington County Trades Center, Arlington County George
Mason Center, ERP, and ECC. |
|
|
|
|
|
|
|
|
|
|
|
| (7) Does not
include Utility Self-supporting debt. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (8)
Includes the bonds to be issued by the IDA to finance the construction of two
ice rinks, the office space, and the training facility on top of the 8th
Level at the Ballston Parking Garage. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
