FY 2002/03 REPORT
OF
INDEBTEDNESS
Janet Napolitano
Governor
J. Elliott Hibbs
Director,
Arizona Department of Revenue

December 2003

EXECUTIVE SUMMARY
Outstanding bonded indebtedness as of June 30, 2003 in Arizona, as reported by cities and towns,
counties, community colleges, school districts, state agencies, universities, special districts and
other political subdivisions was $21.916 billion. This figure represents principal only; no interest
obligation is included in the $21.916 billion total. In FY 2001/02, the total bonded indebtedness
reported for the political subdivisions referenced above was $20.677 billion.
Throughout FY 2002/03, $6.385 billion in new debt was reported by Arizona political subdivisions.
Of the $6.385 billion in new debt, $1.921 billion was directly attributed to refunding of old debt.
Since refunding bonds basically replace old issues, there is no double counting of old and new
issues in the political subdivision summary tables or the executive summary of this report.
However, refunding bonds are included in the “New Issue” section of this report.
General obligation bonds are the only types of bonds subject to constitutional debt limits.
According to reports submitted, all Arizona political subdivisions were within their constitutional debt
limit at the end of the fiscal year. The aggregate debt limit for all political subdivisions reporting
general obligation debt during the fiscal year (regardless of the debt limit percentage set by the
Arizona Constitution) was $28.434 billion. The total amount outstanding was $7.047 billion.
BONDED INDEBTEDNESS REPORTED BY POLITICAL SUBDIVISIONS
FOR FY 2003 AND FY 2002

$8,000.0

FY2003
FY2002

$7,000.0

$6,000.0

$5,000.0

millions $4,000.0

$3,000.0

$2,000.0

$1,000.0

$0.0
Counties

Cities/Towns

Com munity
Colleges

School Districts

Special Districts

State Agencies

Other

The change in the level of bonded indebtedness between years can be due to better reporting on
behalf of political subdivisions or increases due to those who are issuing debt for the first time.
Based on the information provided, this report provides an accurate representation of the
outstanding indebtedness of the state as reported by political subdivisions. In FY 2002/03, 394
political subdivisions reported bonded indebtedness out of the 781 that submitted reports. In FY
2001/02, 383 political subdivisions reported bonded indebtedness out of the 782 that submitted
reports. Even with this information, it is important to examine the detail contained in this book to
understand the changes in levels of bonded indebtedness from year to year.

Outstanding lease purchases and third party contracts totaled $512.0 million for all reporting
subdivisions in FY 2002/03. There were 311 political subdivisions and agencies reporting these
types of contracts. (There were 479 political subdivisions and agencies that reported no lease
purchase or third party contracts in FY 2002/03.) In FY 2001/02, $386.7 million in outstanding
lease purchase and third party contracts was reported by 337 political subdivisions and agencies.
(There were 543 reporting no lease purchase or third party contracts.). Reporting by the political
subdivisions and state agencies from year to year can be inconsistent. Conclusions from the
comparison between the two fiscal years should be made only after carefully examining the detail
contained in this report.
TOTAL LEASE PURCHASE AND THIRD PARTY CONTRACT DEBT FOR POLITICAL
SUBDIVISIONS AND STATE AGENCES IN FISCAL YEAR 2003 AND 2002
$180.0
FY2003
FY2002

$160.0
$140.0
$120.0
$100.0
$80.0
$60.0
$40.0
$20.0

Yuma

Yavapai

State Agencies/
Others

Santa Cruz

Pinal

Pima

Navajo

Mohave

Maricopa

La Paz

Greenlee

Graham

Gila

Coconino

Cochise

Apache

$0.0

A summary of debt and security obligations of Arizona political subdivisions is presented in the
following table. Each type of political subdivision is grouped within the county in which it is located.
County governments are only responsible for debt listed specifically as "County" obligations. Other
jurisdictions are aggregated within the county boundaries for convenience and analysis purposes
only.
This table provides a quick reference tool when attempting to research the outstanding
indebtedness of political subdivisions. Each schedule shows the original principal of all outstanding
bonds within the political subdivision, reports on total principal retired and/or refunded through FY
2002/03 and the new outstanding indebtedness at the end of the fiscal year. (Remember that there
is no interest included in any of these figures.) The numbers in these schedules are provided by
the political subdivisions pursuant to A.R.S. § 35-501 and 502.

FISCAL YEAR 2003 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2003*

PRINCIPAL REFUNDED
THROUGH FY 2003*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2003

Apache County
City
County

$1,976,045
$13,635,000

$757,448
$4,125,000

$0
$0

$1,218,597
$9,510,000

School District

$39,905,000

Special District

$2,520,000

$25,740,000

$0

$14,165,000

$835,000

$0

$1,685,000

$31,457,448

$0

$26,578,597

Total Bonded Indebtedness for all Jurisdictions in Apache

Cochise County
City

$58,416,129

$10,780,645

$710,000

$46,925,484

$3,000,000

$1,505,000

$0

$1,495,000

County
School District

$13,130,000
$91,920,000

$3,630,000
$31,320,000

$0
$25,665,000

$9,500,000
$34,935,000

Special District

$3,770,000

$1,355,000

$0

$2,415,000

$26,375,000

$95,270,484

$11,785,000
$0

$89,612,852
$23,115,000

Community College

Total Bonded Indebtedness for all Jurisdictions in Cochise
$48,590,645
Coconino County
City
Community College

$133,942,656
$25,000,000

County
School District
Special District

$32,544,804
$1,885,000

$30,650,000

$6,950,000

$0

$23,700,000

$120,345,000
$230,569,514

$34,840,000
$9,695,746

$12,855,000
$0

$72,650,000
$220,873,768

$24,640,000

$429,951,620

Total Bonded Indebtedness for all Jurisdictions in Coconino
$85,915,550
Gila County
City

$8,182,000

$2,711,000

$0

$5,471,000

County
School District

$3,245,000
$33,775,000

$660,000
$4,620,000

$0
$10,460,000

$2,585,000
$18,695,000

Special District

$3,385,300

$2,999,362

$0

$385,938

$10,460,000

$27,136,938

$630,000
$0

$18,270,648
$0

Total Bonded Indebtedness for all Jurisdictions in Gila
$10,990,362
Graham County
City
Community College
County
School District
Special District

$21,475,000
$0

$2,574,352
$0

$0

$0

$0

$0

$16,800,000
$0

$6,060,000
$0

$0
$0

$10,740,000
$0

$630,000

$29,010,648

Total Bonded Indebtedness for all Jurisdictions in Graham
$8,634,352

*These figures represent total principal retired and refunded since the date of issuance.
Outstanding bonded indebtedness for Industrial Development Authorities is listed in Section Three of this report.

FISCAL YEAR 2003 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2003*

PRINCIPAL REFUNDED
THROUGH FY 2003*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2003

Pima County
City
Community College
County
School District
Special District

$1,357,056,184
$165,680,000

$163,879,363
$57,225,000

$310,296,650
$5,100,000

$852,000,171
$103,355,000

$747,733,350

$276,924,000

$26,835,000

$443,974,350

$1,152,805,000
$305,970,000

$256,995,000
$55,013,000

$234,095,000
$43,825,000

$661,715,000
$207,132,000

$620,151,650

$2,268,176,521

Total Bonded Indebtedness for all Jurisdictions in Pima
$810,036,363
Pinal County
City

$47,385,228

$15,266,528

$0

$32,118,700

Community College
County

$9,400,000
$42,440,000

$1,540,000
$3,765,000

$0
$0

$7,860,000
$38,675,000

School District

$189,184,508

$33,354,508

$52,735,000

$103,095,000

Special District

$76,726,921

$17,722,827

$0

$59,004,094

$71,648,863

$52,735,000

$240,752,794

$26,369,665

$5,354,495

$3,750,000

$17,265,170

$5,415,000

$3,895,000

$0

$1,520,000

$26,790,000
$590,000

$6,525,000
$549,000

$1,140,000
$0

$19,125,000
$41,000

$16,323,495

$4,890,000

$37,951,170

Total Bonded Indebtedness for all Jurisdictions in Pinal

Santa Cruz County
City
County
School District
Special District

Total Bonded Indebtedness for all Jurisdictions in Santa Cruz

Statewide District
Other

$8,015,241,936

$1,316,478,000

$2,558,215,200

$3,815,548,736

State Agency or University

$6,189,035,239

$1,380,554,660

$588,160,000

$4,220,320,579

$3,146,375,200

$8,035,869,315

Total Bonded Indebtedness for all Jurisdictions in Statewide District
$2,697,032,660
Yavapai County
City

$211,860,811

$48,468,520

$11,195,000

$152,197,291

$41,680,000

$11,190,000

$5,175,000

$25,315,000

County
School District

$9,000,000
$123,270,000

$187,500
$30,100,000

$0
$27,240,000

$8,812,500
$65,930,000

Special District

$70,127,199

$7,584,105

$605,000

$61,938,094

$44,215,000

$314,192,885

Community College

Total Bonded Indebtedness for all Jurisdictions in Yavapai
$97,530,125

*These figures represent total principal retired and refunded since the date of issuance.
Outstanding bonded indebtedness for Industrial Development Authorities is listed in Section Three of this report.

FISCAL YEAR 2003 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2003*

PRINCIPAL REFUNDED
THROUGH FY 2003*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2003

Greenlee County
City
County

$1,245,000
$2,750,000

$360,814
$1,295,000

$0
$0

$884,186
$1,455,000

School District

$9,660,000

Special District

$0

$4,020,000

$0

$5,640,000

$0

$0

$0

$0

$7,979,186

Total Bonded Indebtedness for all Jurisdictions in Greenlee
$5,675,814
La Paz County
City

$10,327,500

$2,330,767

$0

$7,996,733

County

$13,195,000

$4,350,000

$4,810,000

$4,035,000

$9,150,000
$7,564,710

$2,780,000
$2,133,673

$0
$1,475,000

$6,370,000
$3,956,037

$11,594,440

$6,285,000

$22,357,770

School District
Special District

Total Bonded Indebtedness for all Jurisdictions in La Paz

Maricopa County
City

$9,702,093,041

$1,542,824,671

$1,947,147,056

$6,194,311,314

$535,020,000
$355,220,000

$135,020,000
$171,646,548

$114,385,000
$53,300,000

$285,615,000
$130,273,452

School District

$5,006,364,000

$822,769,088

$1,354,803,912

$2,828,791,000

Special District

$545,768,790

$66,253,347

$30,200,000

$444,365,443

$3,499,835,968

$9,883,356,209

Community College
County

Total Bonded Indebtedness for all Jurisdictions in Maricopa
$2,738,513,654
Mohave County
City

$138,802,894

$47,676,205

$13,040,000

$78,086,689

$12,130,000

$150,000

$0

$11,980,000

County
School District

$15,200,000
$195,282,000

$6,595,000
$53,112,000

$0
$61,290,000

$8,605,000
$80,880,000

Special District

$39,768,164

$21,672,164

$0

$18,096,000

$74,330,000

$197,647,689

$0
$0

$31,059,170
$9,955,000

Community College

Total Bonded Indebtedness for all Jurisdictions in Mohave
$129,205,369
Navajo County
City
Community College
County
School District
Special District

$40,063,000
$18,010,000

$9,003,830
$8,055,000

$7,320,000

$650,000

$0

$6,670,000

$70,470,000
$31,663,919

$25,250,000
$8,192,832

$7,495,000
$4,225,000

$37,725,000
$19,246,087

$11,720,000

$104,655,257

Total Bonded Indebtedness for all Jurisdictions in Navajo
$51,151,662

*These figures represent total principal retired and refunded since the date of issuance.
Outstanding bonded indebtedness for Industrial Development Authorities is listed in Section Three of this report.

FISCAL YEAR 2003 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2003*

PRINCIPAL REFUNDED
THROUGH FY 2003*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2003

Yuma County
City
Community College

$132,505,000
$28,570,000

$29,051,500
$8,460,000

$26,320,000
$0

$77,133,500
$20,110,000

County

$28,805,000

$3,690,000

$0

$25,115,000

School District
Special District

$93,370,000
$20,656,467

$17,545,000
$6,490,550

$16,900,000
$0

$58,925,000
$14,165,917

$65,237,050

$43,220,000

$195,449,417

$6,879,537,852

$7,565,862,818

$21,916,336,500

Total Bonded Indebtedness for all Jurisdictions in Yuma

GRAND TOTAL

$36,740,377,170

*These figures represent total principal retired and refunded since the date of issuance.
Outstanding bonded indebtedness for Industrial Development Authorities is listed in Section Three of this report.

To navigate through this report click on the blue text
TABLE OF CONTENTS
INTRODUCTION
INTRODUCTION ---------------------------------------------------------------------------------------------- Page 1

SECTION ONE – BONDED INDEBTEDNESS
COUNTIES--------------------------------------------------------------------------------------------------- Page 5
Table 1 County Indebtedness ------------------------------------------------------------------- Page 7
CITIES/TOWNS--------------------------------------------------------------------------------------------- Page 9
Table 2 City/Town Indebtedness --------------------------------------------------------------- Page 13
COMMUNITY COLLEGES------------------------------------------------------------------------------- Page 25
Table 3 Community College Indebtedness--------------------------------------------------- Page 27
SCHOOL DISTRICT--------------------------------------------------------------------------------------- Page 29
Table 4 Apache County School District Indebtedness ------------------------------------ Page 33
Table 5 Cochise County School District Indebtedness------------------------------------ Page 35
Table 6 Coconino County School District Indebtedness ---------------------------------- Page 38
Table 7 Gila County School District Indebtedness ----------------------------------------- Page 40
Table 8 Graham County School District Indebtedness------------------------------------ Page 41
Table 9 Greenlee County School District Indebtedness ---------------------------------- Page 42
Table 10 La Paz County School District Indebtedness------------------------------------ Page 43
Table 11 Maricopa County School District Indebtedness--------------------------------- Page 44
Table 12 Mohave County School District Indebtedness ---------------------------------- Page 51
Table 13 Navajo County School District Indebtedness------------------------------------ Page 53
Table 14 Pima County School District Indebtedness -------------------------------------- Page 55
Table 15 Pinal County School District Indebtedness -------------------------------------- Page 57
Table 16 Santa Cruz County School District Indebtedness ------------------------------ Page 59
Table 17 Yavapai County School District Indebtedness ---------------------------------- Page 60
Table 18 Yuma County School District Indebtedness ------------------------------------- Page 63
Table 19 Outstanding Bonded Indebtedness by School District ------------------------ Page 65
SPECIAL DISTRICTS------------------------------------------------------------------------------------- Page 69
Table 20 Apache County Special District Indebtedness ---------------------------------- Page 71
Table 21 Cochise County Special District Indebtedness --------------------------------- Page 73
Table 22 Coconino County Special District Indebtedness-------------------------------- Page 75
Table 23 Gila County Special District Indebtedness --------------------------------------- Page 78
Table 24 Graham County Special District Indebtedness --------------------------------- Page 80
Table 25 Greenlee County Special District Indebtedness -------------------------------- Page 81
Table 26 La Paz County Special District Indebtedness ----------------------------------- Page 82
Table 27 Maricopa County Special District Indebtedness -------------------------------- Page 83
Table 28 Mohave County Special District Indebtedness---------------------------------- Page 90
Table 29 Navajo County Special District Indebtedness ----------------------------------- Page 93
Table 30 Pima County Special District Indebtedness ------------------------------------- Page 97
Table 31 Pinal County Special District Indebtedness-------------------------------------- Page 100
Table 32 Santa Cruz County Special District Indebtedness ----------------------------- Page 103
Table 33 Yavapai County Special District Indebtedness --------------------------------- Page 104
Table 34 Yuma County Special District Indebtedness ------------------------------------ Page 107
STATE AGENCIES AND UNIVERSITIES ----------------------------------------------------------- Page 109
Table 35 State Agency and University Indebtedness-------------------------------------- Page 111
OTHER JURISDICTIONS -------------------------------------------------------------------------------- Page 113
Table 36 Other Jurisdictions’ Indebtedness-------------------------------------------------- Page 115

TABLE OF CONTENTS
SECTION TWO – NEW ISSUES
FY 2002/03/03 NEW ISSUES------------------------------------------------------------------------------ Page 119
Table 37 County Indebtedness------------------------------------------------------------------ Page 123
Table 38 City/Town Indebtedness-------------------------------------------------------------- Page 124
Table 39 Community College Indebtedness ------------------------------------------------- Page 126
Table 40 School District Indebtedness -------------------------------------------------------- Page 127
Table 41 Special District Indebtedness ------------------------------------------------------- Page 129
Table 42 Industrial Development Authority Indebtedness -------------------------------- Page 130
Table 43 State Agency, Universities and Other Indebtedness -------------------------- Page 132

SECTION THREE – INDUSTRIAL DEVELOPMENT AUTHORITIES
INDUSTRIAL DEVELOPMENT AUTHORITIES ------------------------------------------------------ Page 135
Table 44 County Industrial Development Authorities’ Indebtedness------------------- Page 137
Table 45 City/Town Industrial Development Authorities’ Indebtedness --------------- Page 139

SECTION FOUR – LEASE PURCHASES
LEASE PURCHASES/THIRD PARTY FINANCING CONTRACTS------------------------------ Page 145
Table 46 Lease Purchase/Third Party Financing Contracts ----------------------------- Page 147
Table 47 Jurisdictions reporting No Lease Purchase/Third Party Financing--------- Page 157

SECTION FIVE – NON REPORTING POLITICAL SUBDIVISIONS
Table 48 Jurisdictions Who Failed to Submit Bond Reports ----------------------------- Page 173
Table 49 Jurisdictions Who Failed to Submit Lease Purchase Reports -------------- Page 176

INTRODUCTION
In compliance with A.R.S. § 35-501 and § 35502, this report is a compilation of bonded
indebtedness reported for the fiscal year July
1, 2002 through June 30, 2003 (hereafter
referred to as FY 2002/03), by the state,
political subdivisions within the state or their
statutory agents. A.R.S. § 35-501 states, in
part:
"The department of revenue shall
ascertain and record in its office all
issues of bonds or other securities
issued for a term in excess of one
year by the state or a county, city,
town, school district, irrigation
district or other political subdivision
within the state."
The statute also requires that the record will
show the date of issuance, amount,
denomination, rates of interest, maturity, etc.,
plus other information the department may
require.
In addition, the statutes require that the
department collect reports upon the issuance
of new bonds and securities. These reports
must contain information about the par
amount, interest, repayment schedule,
source of repayment, issue price and
premium or discount, issuance costs,
outstanding
indebtedness,
and
the
constitutional and statutory limitations on the
issuance of new debt. A.R.S. § 35-502.A
states,
"The state treasurer and the
governing body of the county, city,
town, district or other political
subdivision shall make such reports
to the department of revenue as the
department requires relating to the
issuance of the bonds and securities
provided by § 35-501..."
Failure to comply is a class 2 misdemeanor,
pursuant to paragraph B of the same section
and jurisdictions in violation may not issue
further indebtedness.

This report is divided into five main sections:
a summary of outstanding debt by
jurisdiction; new debt issued during FY
2002/03;
debt
issued
by
industrial
development authorities (IDAs); lease
purchase and third party financing contracts
reported by political subdivisions; and a
summary of non reporters. Tables containing
detailed data for each section are provided at
the end of each section. None of the
figures provided within this report
contains
any
interest
or
interest
payments.
Section One of this report provides
information for counties, cities and towns,
community colleges, school districts, special
districts, state agencies, universities and
other entities. This includes information on
general obligation bonds, revenue bonds,
special assessment or special district bonds,
certificates
of
participation,
municipal
property corporation debt and debt
limitations. The data presented, which is as
complete and accurate as the records
submitted
by
the
reporting
political
subdivisions, includes outstanding debt of
$21.916 billion.
Section Two provides information on new
debt issued during FY 2002/03.
This
information is summarized for counties,
cities/towns, community colleges, school
districts,
special
districts,
industrial
development
authorities,
agencies
universities and other entities. Highlights are
provided for each sub-section. Copies of the
forms used to report new debt, as provided
by all jurisdictions in accordance with the
above law, are available upon request.
Section Three provides a detailed analysis of
Industrial Development Authority (IDA) debt
collected through FY 2002/03. It is debatable
as to whether these political subdivisions
should be included in state debt totals since
IDAs act as a conduit for financing special
projects and their debt is not the ultimate
responsibility of the state. For this reason

they are not included in the Executive
Summary of this report.

electric light or power systems, water or
sewer systems or stadiums.

Section Four provides a summary of the
Lease
Purchase/Third
Party
Contract
information collected for FY 2002/03. While
the Department has always attempted to
collect information about Certificates of
Participation, because they are clearly
specified in A.R.S. §35-501, reporting of
Lease Purchases by the political subdivisions
has not been entirely comprehensive. The
guiding principal behind collecting this
information is the reference to “…other
securities issued with a term in excess of one
year…” The data presented is as complete
and accurate as the records submitted by the
reporting political subdivisions.

Special Assessment or Special District bonds
fund projects that generally benefit a specific
group of property owners within an
established geographic area or "district".
They are secured by assessments (or taxes)
that are levied against property located within
the district.

Section Five lists political subdivisions that
failed to submit a Report of Bonded
Indebtedness or Lease Purchase/Third Party
Financing Report for FY 2002/03.
TYPES OF BONDED INDEBTEDNESS
General Obligation bonds are secured by the
issuer's general taxing power (typically
property taxes). These bonds are usually
subject to a constitutional debt limit and may
necessitate voter approval.
The various
constitutional debt limits for general
obligation bonds are determined by
multiplying the net secondary assessed value
of taxable property in the issuing jurisdiction
by the percentage set out in the Arizona
Constitution (Article IX, Sections 8 and 8.1).
In this report, the net secondary assessed
value used to calculated debt limitations was
from the 2002 Property Tax Rates and
Assessed Values, issued by the Arizona Tax
Research Foundation.
Revenue bonds are secured by a specific,
identified revenue source, typically nonproperty tax revenue. These sources include
excise taxes, rents or fees (including tuition)
or other revenues, in some instances paid by
the users of the project being funded by the
bonds. These bonds may not require voter
approval and are not subject to constitutional
debt limits.
Projects financed through
revenue bonds include street and highway
construction or improvements, university
capital projects, housing authority projects,

Municipal Property Corporation bonds are
issued by non-profit corporations acting on
behalf of a political subdivision of this state.
These bonds are used as a financing tool to
build or acquire projects that are then leased
back to the political subdivision. Typically,
the lease revenues received by the non-profit
corporation are used to secure the bonds.
Lease payments may in turn be secured by a
revenue stream of the political subdivision.
Because the bonds are issued by the nonprofit corporation, they are typically not
considered debt of the political subdivision
and are not subject to the constitutional debt
limits.
Certificates of Participation are generally
proportional shares in annually appropriated
long-term leases. Generally, these leases
are subject to cancellation by the issuing
political subdivision if the annual payments
are not appropriated. As a result, the leases
are not considered long-term debt and are
not subject to the constitutional debt limits.
LEASE PURCHASES/THIRD PARTY
CONTRACTS
Lease purchases and third party contracts
are not bonded indebtedness. Information
on these obligations has been requested by
the department and included because of the
language in A.R.S. § 35-501, shown on the
first page of the Introduction to this report,
which states "other securities issued for a
term in excess of one year...” No lease
purchases or third party contracts with terms
of less than one year are included here.
All figures and information contained in this
report have been reviewed by the Debt
Oversight Commission, as established by
A.R.S. § 35-504.

SECTION ONE
FY 2002/03 BONDED INDEBTEDNESS BY POLITICAL
SUBDIVISION

COUNTIES
County debt is debt that is the ultimate
responsibility of the county. Under this
definition, special assessment or special
district debt issued by an independent
political subdivision but reported by the
county is not included here.
Fourteen
counties have reported outstanding debt
totaling $714.4 million at the end of FY
2002/03. Detail of the outstanding debt
reported by the counties can be found in
Table 1. Four types of debt have been
reported:
➟
$225.4 million in general obligation
debt, reported by four counties;
➟
$343.8 million in revenue bonds,
reported by three counties;
➟
$95.4 million in certificates of
participation, reported by eight counties; and
➟
$49.9 million in municipal property
corporation debt, reported by five counties.
During FY 2002/03, $111.0 million of
outstanding principal was retired or refunded
by counties. Graham was the only county
reporting no debt.
The following table lists debt by county, from
most debt to least debt. This table does not
allow for any kind of determination as to
whether a county has heavy or light debt; it
is simply a rank order from highest to
smallest.
COUNTY:
Pima
Maricopa
Pinal
Yuma
Coconino
Apache
Cochise
Yavapai
Mohave
Navajo
La Paz
Gila
Santa Cruz

OUTSTANDING DEBT
$443,974,350
$130,273,452
$38,675,000
$25,115,000
$23,700,000
$9,510,000
$9,500,000
$8,812,500
$8,605,000
$6,670,000
$4,035,000
$2,585,000
$1,520,000

COUNTY:
Greenlee
Graham

OUTSTANDING DEBT
$1,455,000
$0

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2002.
However, the year-end balances should
reflect any July 1, 2002 payments if the
payment amount has been deposited into a
dedicated fund for the payment of principal.
GENERAL OBLIGATION DEBT
Apache, Maricopa, Pima and Santa Cruz
Counties reported general obligation debt,
subject to the 15% county debt limitation.
Each of these counties was within their
constitutional debt limitation, as shown
below and on Table 1 in the appendix of this
report.
COUNTY:
Apache
Maricopa
Pima
Santa Cruz

DEBT
LIMITATION
$42,494,111
$3,668,557,092
$725,334,183
$35,258,336

DEBT
$3,400,000
$20,165,000
$200,275,000
$1,520,000

% OF DEBT
LIMIT USED
8.0%
0.5%
27.6%
4.3%

REVENUE BONDS
Maricopa, Pima and Yavapai Counties have
outstanding revenue bonds, which are
considered county debt but are not subject
to a limitation. Maricopa County revenue
bonds are to purchase leased property.
Pima County revenue bonds are for sewer
system improvements and street and
highway improvements. Yavapai County
revenue bonds are for roads.
The
outstanding balance in revenue bonds at the
end of FY 2002/03 was $343.8 million, after
payments totaling $37.9 million during the
fiscal year.
CERTIFICATES OF PARTICIPATION
Apache County, Cochise County, Coconino
County, La Paz County, Maricopa County,
Mohave County, Pima County and Yuma
County reported certificates of participation.
The outstanding balance in certificates of
participation at the end of FY 2002/03 was
$95.4 million, after retiring and refunding
$16.9 million during the fiscal year.

MUNICIPAL PROPERTY CORPORATION
DEBT
Gila County, Greenlee County, Navajo
County, Pima County and Pinal County have
reported municipal property corporation
debt. The outstanding balance at the end of
FY 2002/03 was $49.9 million. A total of
$3.2 million in principal was retired and
refunded during the fiscal year.
PER CAPITA DEBT
One method of determining the level of debt
in relation to the other counties is dividing
total outstanding debt by the population of
the county. High per capita debt is neither
good nor bad; it is simply a comparative tool
to describe how the county compares to
others. Using this measure, Pima County
has the most debt per capita, as can be
seen on the following table.

COUNTY:
Pima
Pinal
La Paz
Coconino
Greenlee
Yuma
Apache
Cochise
Navajo
Mohave
Yavapai
Gila
Maricopa
Santa Cruz
Graham

PER CAPITA DEBT
$498.54
$201.02
$198.13
$188.97
$169.09
$147.94
$135.65
$76.59
$65.64
$51.69
$48.89
$48.76
$39.52
$38.15
$0

The population measure used to calculate
per capita debt is the July 1, 2002
Department of Economic Security estimate.

TABLE 1
COUNTY FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$42,494,111

$3,400,000

$3,668,557,092

$20,165,000

Apache
Certificate of Participation
General Obligation
Totals for Apache

1
2
3

$7,635,000
$6,000,000
$13,635,000

$760,000
$2,210,000
$2,970,000

$765,000
$390,000
$1,155,000

$6,110,000
$3,400,000
$9,510,000

Certificate of Participation
Totals for Cochise

2
2

$13,130,000
$13,130,000

$1,910,000
$1,910,000

$1,720,000
$1,720,000

$9,500,000
$9,500,000

Certificate of Participation
Totals for Coconino

2
2

$30,650,000
$30,650,000

$5,260,000
$5,260,000

$1,690,000
$1,690,000

$23,700,000
$23,700,000

Municipal Property Corp
Totals for Gila

1
1

$3,245,000
$3,245,000

$505,000
$505,000

$155,000
$155,000

$2,585,000
$2,585,000

Totals for Graham

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Totals for Greenlee

1
1

$2,750,000
$2,750,000

$1,040,000
$1,040,000

$255,000
$255,000

$1,455,000
$1,455,000

Certificate of Participation
Totals for La Paz

5
5

$13,195,000
$13,195,000

$3,800,000
$3,800,000

$5,360,000
$5,360,000

$4,035,000
$4,035,000

Certificate of Participation
General Obligation

5
4
1
10

$48,625,000
$181,740,000
$124,855,000
$355,220,000

$27,821,166
$142,225,000
$15,310,000
$185,356,166

$4,055,382
$19,350,000
$16,185,000
$39,590,382

$16,748,452
$20,165,000
$93,360,000
$130,273,452

Certificate of Participation
Totals for Mohave

2
2

$15,200,000
$15,200,000

$5,430,000
$5,430,000

$1,165,000
$1,165,000

$8,605,000
$8,605,000

Municipal Property Corp
Totals for Navajo

1
1

$7,320,000
$7,320,000

$420,000
$420,000

$230,000
$230,000

$6,670,000
$6,670,000

Cochise

Coconino

Gila

Graham

Greenlee

La Paz

Maricopa

Revenue
Totals for Maricopa
Mohave

Navajo

TABLE 1
COUNTY FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$725,334,183

$200,275,000

$35,258,336

$1,520,000

Pima
Certificate of Participation
General Obligation
Municipal Property Corp
Revenue
Totals for Pima

1
10
1

$18,515,000
$414,350,000
$3,650,000

$15,470,000
$181,280,000
$2,825,000

$1,485,000
$32,795,000
$330,000

$1,560,000
$200,275,000
$495,000

14
26

$311,218,350
$747,733,350

$48,077,000
$247,652,000

$21,497,000
$56,107,000

$241,644,350
$443,974,350

Municipal Property Corp
Totals for Pinal

2
2

$42,440,000
$42,440,000

$1,535,000
$1,535,000

$2,230,000
$2,230,000

$38,675,000
$38,675,000

General Obligation
Totals for Santa Cruz

1
1

$5,415,000
$5,415,000

$3,440,000
$3,440,000

$455,000
$455,000

$1,520,000
$1,520,000

Revenue
Totals for Yavapai

1
1

$9,000,000
$9,000,000

$0
$0

$187,500
$187,500

$8,812,500
$8,812,500

Certificate of Participation
Totals for Yuma

4
4

$28,805,000
$28,805,000

$3,000,000
$3,000,000

$690,000
$690,000

$25,115,000
$25,115,000

Certificate of Participation
General Obligation
Municipal Property Corp
Revenue

22
17
6
16

$175,755,000
$607,505,000
$59,405,000
$445,073,350

$63,451,166
$329,155,000
$6,325,000
$63,387,000

$16,930,382
$52,990,000
$3,200,000
$37,869,500

$95,373,452
$225,360,000
$49,880,000
$343,816,850

Grand Totals:

61

$1,287,738,350

$462,318,166

$110,989,882

$714,430,302

Pinal

Santa Cruz

Yavapai

Yuma

CITIES/TOWNS
City and town bonded indebtedness consists
of general obligation bonds, revenue bonds,
special district or special assessment bond
issues (for which the city or town has, at
least, contingent liability), certificates of
participation and debt issued on behalf of
the city or town by municipal property
corporations. As of June 30, 2003, these
types of outstanding debt totaled $7.605
billion for cities and towns, a 4.9% increase
from the $7.253 billion reported for FY
2001/02. Of the 87 incorporated cities and
towns in Arizona, 73 had at least one of
these types of debt outstanding at the end of
the FY 2002/03, 13 reported no debt, and 1
failed to submit a report.
Detail of the outstanding indebtedness of
Cities and Towns, in alphabetical order, can
be found in Table 2 in the Appendix. The
cities and towns reported the following
outstanding bonded indebtedness as of
June 30, 2003:
➟
$2.476 billion in general obligation
debt, reported by 34 cities and towns;
➟
$3.368 billion in revenue bonds,
reported by 60 cities and towns;
➟
$105.8
million
in
special
assessment debt1, reported by 21 cities and
towns;
➟
$95.1 million in certificates of
participation, reported by 11 cities and
towns; and
➟
$1.56 billion in debt issued through
municipal property corporations, reported by
34 cities and towns.
During FY 2002/03, $1.637 billion in new
debt was issued, of which $613.9 million
was used for refunding. Of all the cities and
towns, Phoenix has the most outstanding
1Actually, this is city improvement district
debt, authorized in Title 48. For purposes of
this report, special district, special
assessment and improvement district debt is
combined.

debt with $3.376 billion. Patagonia has the
least debt, with $13,464 outstanding.
Miami, which did not submit a FY 2003
report, had outstanding debt of $111,846 at
the close of FY 2001/02.
The nine municipalities with outstanding
debt in excess of $148 million account for
88% of all outstanding debt.
CITY/TOWN
OUTSTANDING DEBT
Phoenix
$3,375,512,875
Tucson
$782,730,171
Mesa
$728,538,000
Scottsdale
$542,651,737
Glendale
$385,660,463
Chandler
$302,697,500
Tempe
$271,000,000
Gilbert
$164,920,000
Peoria
$148,046,868
Avondale
$83,052,252
Yuma
$73,945,000
Sedona
$66,760,094
Flagstaff
$60,123,119
Surprise
$58,967,738
Oro Valley
$49,300,000
Bullhead City
$48,115,097
Prescott Valley
$46,300,000
Goodyear
$44,683,896
Sierra Vista
$28,984,450
Fountain Hills
$28,796,365
Prescott
$27,197,753
Page
$21,610,000
Safford
$17,299,187
Nogales
$17,251,706
Tolleson
$16,095,000
Lake Havasu City
$15,970,000
Show Low
$15,470,000
Kingman
$13,377,592
Marana
$13,110,000
Williams
$12,726,134
Winslow
$12,680,970
El Mirage
$12,555,000
Cave Creek
$11,849,588
Cottonwood
$11,220,000
Eloy
$9,412,561
CITY/TOWN
OUTSTANDING DEBT

Florence
$9,375,000
Paradise Valley
$7,920,000
South Tucson
$6,860,000
Holbrook
$5,864,200
Apache Junction
$5,650,000
Payson
$5,471,000
Quartzsite
$5,171,733
Douglas
$4,515,000
Coolidge
$4,307,521
Snowflake
$4,213,000
Buckeye
$4,030,000
Queen Creek
$3,718,032
Guadalupe
$3,445,000
San Luis
$3,188,500
Bisbee
$3,074,015
Parker
$2,825,000
Willcox
$1,976,690
Fredonia
$1,690,928
Pinetop-Lakeside
$1,675,000
Superior
$1,270,000
Kearny
$1,245,618
Huachuca City
$1,204,000
Casa Grande
$780,000
Duncan
$769,186
Thatcher
$746,461
Springerville
$725,000
Tombstone
$634,000
Colorado City
$624,000
Taylor
$466,000
Clarkdale
$425,000
Eagar
$337,552
Jerome
$294,444
Pima
$225,000
Wickenburg
$171,000
St. Johns
$156,045
Clifton
$115,000
Mammoth
$78,000
Patagonia
$13,464
Benson
$0
Camp Verde
$0
Carefree
$0
Chino Valley
$0
Gila Bend
$0
Globe
$0
Hayden
$0
Litchfield Park
$0
Sahuarita
$0
Somerton
$0
Wellton
$0
Winkelman
$0
Youngtown
$0
CITY/TOWN
OUTSTANDING DEBT

Miami

Unknown

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2003.
However, the year-end balances will reflect
any July 1, 2003 payments, if the payment
amount has been deposited into a dedicated
fund for the payment of the principal.
GENERAL OBLIGATION DEBT
Total outstanding general obligation debt of
Arizona's cities and towns as of June 30,
2003 was $2.475 billion, or 32.5% of all
outstanding debt. General obligation debt
was reported by 34 of the 87 incorporated
cities. General obligation debt issued by a
city or town is subject to either the 6% or
20% of ad valorem valuation constitutional
debt limit, dependent upon the purpose of
the debt. Article IX, § 8, paragraph 1 of the
Arizona Constitution states:
"...that any incorporated city or town,
with such assent, may be allowed to
become indebted to a larger
amount, but not exceeding twenty
per centum additional, for supplying
such city or town with water, artificial
light, or sewers, when the works for
supplying such water, light or
sewers are or shall be owned and
controlled by the municipality, and
for the acquisition and development
by the incorporated city or town of
land or interests therein for open
space preserves, playgrounds and
recreational facilities."
City debt is being measured against debt
limits, which may be restricted due to prior
issue of Capital Appreciation Bonds. The
restriction occurs only when a refunding
Capital Appreciation bond issued prior to
March 31, 1996 created debt capacity that
was then used by subsequent bond issues.
If such bonds have been paid off, no
restriction exists. If such bonds have not yet
been paid off, the restriction will be reduced
as premium is paid off.
No cities that reported general obligation
debt exceeded their constitutional debt limits
in FY 2002/03, as shown in the chart below.
CITY

DEBT

DEBT

% OF DEBT

LIMITATION
$40,611,682
$12,218,987

$12,612,000
$1,200,000

LIMIT USED
31.1%
9.8%

$18,278,725

$6,460,000

35.3%

$346,649,402

$127,275,000

36.7%

Clifton

$1,272,227

$115,000

9.0%

Colorado City

$1,515,582

$0

0.0%

Cottonwood

$17,700,034

$1,175,000

6.6%

$360,601

$27,000

7.5%

Avondale
Buckeye
Cave Creek
Chandler

Duncan
Eagar
Flagstaff
Fountain Hills

$4,238,202

$108,552

2.6%

$116,655,417

$30,209,064

25.9%

$70,356,745

$11,865,000

16.9%

Gilbert

$194,891,072

$74,385,000

38.2%

Glendale

$257,164,038

$133,900,000

52.1%

Goodyear

$57,820,949

$20,930,000

36.2%

Holbrook

$4,753,727

$165,000

3.5%

Huachuca City

$1,307,246

$18,000

1.4%

Kearny
Kingman
Mesa
Payson
Peoria

$1,399,122

$36,000

2.6%

$61,726,175

$2,140,000

3.5%

$590,783,670

$201,545,000

34.1%

$37,619,953

$1,796,000

4.8%

$172,324,214

$63,785,000

37.0%

Phoenix

$2,282,900,762

$984,275,077

43.1%

Prescott

$92,109,065

$12,730,000

13.8%

San Luis

$6,165,484

$40,000

0.6%

$916,917,199

$309,095,000

33.7%

$1,851,985

$725,000

39.1%

Scottsdale
Springerville
Surprise

$72,849,634

$4,922,738

6.8%

Tempe

$404,687,997

$187,975,000

46.4%

Tolleson

$26,491,374

$7,450,000

28.1%

$1,896,415

$21,000

1.1%

Tucson

$589,870,667

$266,989,070

45.3%

Willcox

$3,865,510

$220,000

5.7%

Tombstone

Williams
Yuma

$7,373,345

$81,000

1.1%

$79,484,317

$10,505,000

13.2%

Cities retired and refunded $414.9 million in
outstanding general obligation principal
during the fiscal year. Cities with general
obligation debt in excess of $127 million, in
order of most to least debt, are: Phoenix,
Scottsdale, Tucson, Mesa Tempe, Glendale,
and Chandler.
REVENUE BONDS
Total outstanding debt from revenue bonds
as of June 30, 2003 was $3.368 billion, or
44% of total outstanding debt. There were
60 cities and towns with revenue bonds.

Cities retired and refunded $558.9 million in
principal in the fiscal year.
The cities with revenue bond debt in excess
of $160 million, in order of most to least
debt, are: Phoenix, Mesa, Tucson,
Scottsdale, and Chandler.
SPECIAL DISTRICT/SPECIAL
ASSESSMENT BONDS
Special district or special assessment bonds
are issued by a city or town for
improvements in a subsection of the city or
town. Twenty-one cities and towns reported
special district or special assessment debt
totaling $105.8 million, or 1.4% of total
outstanding debt.
Cities retired and refunded $16.7 million in
special assessment principal in FY 2002/03.
The six cities with outstanding special
assessment debt in excess of $10 million, in
order of most to least debt, are: Tempe,
Glendale, Bullhead City, Scottsdale, and
Gilbert.
CERTIFICATES OF PARTICIPATION
Eleven cities and towns reported certificates
of participation with total outstanding
principal on June 30, 2003 of $95.1 million,
or 1.3% of total debt. A total of $24.5 million
in principal was retired and refunded in the
fiscal year. Tucson and Phoenix were the
only municipalities with certificate of
participation debt in excess of $20 million.
MUNICIPAL PROPERTY CORPORATION
DEBT
Municipal property corporation debt was
reported in 37 cities and towns for FY
2002/03, with an outstanding balance at the
end of the fiscal year of $1.56 billion. This
represents 20.5% of total outstanding debt.
Cities retired and refunded $126 million in
the fiscal year. Outstanding debt amounts
ranged from $937.3 million in Phoenix to
$30,000 in Parker.
PER CAPITA DEBT
One method of comparing the level of debt
in relation to other cities and towns is per
capita debt, dividing total outstanding debt
by the population. High per capita debt is
neither good nor bad; it is simply a tool to
show how much debt the city or town has at
a given point in time in comparison with
other cities or towns.

CITY/TOWN
Sedona
Williams
Winslow
Tolleson
Page
Cave Creek
Scottsdale
Phoenix
Show Low
Safford
Prescott Valley
Avondale
Mesa
Tempe
Glendale
Goodyear
Chandler
Fredonia
Tucson
Quartzsite
Oro Valley
Bullhead City
Fountain Hills
Surprise
South Tucson
Gilbert
Peoria
Holbrook
Cottonwood
Flagstaff
Duncan
Yuma
Snowflake
Jerome
Eloy
Parker
Nogales
Prescott
Marana
Sierra Vista
Queen Creek
Huachuca City
Guadalupe
Florence
El Mirage
Kingman

PER CAPITA DEBT
$ 6,333.97
$4,373.24
$4,357.72
$3,187.13
$3,069.60
$2,944.00
$2,534.70
$2,471.62
$1,864.98
$1,841.32
$1,772.93
$1,744.43
$1,703.96
$1,699.86
$1,695.21
$1,672.61
$1,557.17
$1,551.31
$1,543.88
$1,507.79
$1,447.87
$1,358.80
$1,324.58
$1,306.76
$1,242.75
$1,234.06
$1,207.02
$1,187.09
$1,118.64
$1,016.28
$932.25
$908.64
$896.38
$892.25
$870.73
$869.23
$817.30
$747.70
$737.76
$717.17
$669.31
$668.89
$646.95
$644.33
$608.14
$606.83

CITY/TOWN
PER CAPITA DEBT
Paradise Valley
$562.10
Kearny
$552.38
Coolidge
$527.88
Willcox
$518.14
Bisbee
$500.65
Pinetop-Lakeside
$446.67
Tombstone
$413.03
Superior
$387.20
Payson
$377.05
Springerville
$364.32
Lake Havasu City
$344.18
Buckeye
$336.96
Douglas
$268.19
Thatcher
$179.22
San Luis
$173.81
Apache Junction
$168.31
Colorado City
$159.80
Taylor
$129.81
Clarkdale
$119.05
Pima
$110.29
Eagar
$82.23
Clifton
$44.32
St. Johns
$44.02
Mammoth
$43.58
Wickenburg
$30.59
Casa Grande
$28.03
Patagonia
$14.88
Benson
$0.00
Camp Verde
$0.00
Carefree
$0.00
Chino Valley
$0.00
Gila Bend
$0.00
Globe
$0.00
Hayden
$0.00
Litchfield Park
$0.00
Sahuarita
$0.00
Somerton
$0.00
Wellton
$0.00
Winkelman
$0.00
Youngtown
$0.00
Miami
UNKNOWN
The population measure used to calculate
per capita debt is from the Department of
Economic Security Population Estimates, as
of July 31, 2002.

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Apache Junction
1
1

$9,965,000
$9,965,000

$3,375,000
$3,375,000

$940,000
$940,000

$5,650,000
$5,650,000

5
12
17

$18,090,000
$81,543,200
$99,633,200

$2,069,000
$7,969,229
$10,038,229

$3,409,000
$3,133,719
$6,542,719

$12,612,000
$70,440,252
$83,052,252

Totals for Benson

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Revenue
Totals for Bisbee

2

$657,056

$150,105

$42,399

$464,552

1
3

$2,609,463
$3,266,519

$0
$150,105

$0
$42,399

$2,609,463
$3,074,015

General Obligation
Revenue
Totals for Buckeye

1
2
3

$1,935,000
$3,645,000
$5,580,000

$680,000
$740,000
$1,420,000

$55,000
$75,000
$130,000

$1,200,000
$2,830,000
$4,030,000

Municipal Property Corp
Revenue
Special Assessment
Totals for Bullhead City

2
2
4
8

$28,885,000
$23,732,388
$19,680,000
$72,297,388

$7,250,000
$4,308,518
$6,200,000
$17,758,518

$1,700,000
$2,638,773
$2,085,000
$6,423,773

$19,935,000
$16,785,097
$11,395,000
$48,115,097

Totals for Camp Verde

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Carefree

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Special Assessment
Totals for Casa Grande

1
1

$1,030,000
$1,030,000

$160,000
$160,000

$90,000
$90,000

$780,000
$780,000

Municipal Property Corp
Totals for Apache Junction
Avondale
General Obligation
Revenue
Totals for Avondale

$9,371,927

$0

$31,239,755

$12,612,000

$2,819,766

$0

$9,399,221

$1,200,000

Benson

Bisbee

Buckeye

Bullhead City

Camp Verde

Carefree

Casa Grande

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Cave Creek
Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Cave Creek

3
1

$2,955,000
$6,675,000

$165,000
$0

$75,000
$215,000

$2,715,000
$6,460,000

1
1
6

$2,700,000
$810,000
$13,140,000

$476,825
$0
$641,825

$128,587
$230,000
$648,587

$2,094,588
$580,000
$11,849,588

Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Chandler

2
32
29
2
65

$20,150,000
$161,670,000
$237,890,000
$1,905,000
$421,615,000

$8,340,000
$10,115,000
$25,900,000
$258,000
$44,613,000

$775,000
$24,280,000
$46,150,000
$99,500
$71,304,500

$11,035,000
$127,275,000
$162,840,000
$1,547,500
$302,697,500

Totals for Chino Valley

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Clarkdale

1
1

$665,000
$665,000

$190,000
$190,000

$50,000
$50,000

$425,000
$425,000

General Obligation
Totals for Clifton

1
1

$295,000
$295,000

$160,000
$160,000

$20,000
$20,000

General Obligation
Revenue
Totals for Colorado City

1
2
3

$675,000
$1,437,000
$2,112,000

$575,000
$640,000
$1,215,000

Certificates of Participation
Revenue
Totals for Coolidge

2
1
3

$5,635,000
$600,000
$6,235,000

$1,560,000
$64,387
$1,624,387

$4,218,167

$0

$14,060,558

$6,460,000

$79,996,016

$45,475,000

$266,653,386

$81,800,000

$115,000
$115,000

$293,591

$0

$978,636

$115,000

$100,000
$173,000
$273,000

$0
$624,000
$624,000

$349,750

$0

$1,165,832

$0

$280,000
$23,092
$303,092

$3,795,000
$512,521
$4,307,521

Chandler

Chino Valley

Clarkdale

Clifton

Colorado City

Coolidge

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$4,084,623

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$1,175,000

$13,615,411

$0

Cottonwood
General Obligation
Municipal Property Corp
Revenue
Totals for Cottonwood

2
1

$2,700,000
$2,910,000

$1,440,000
$1,590,000

$85,000
$240,000

$1,175,000
$1,080,000

5
8

$18,938,000
$24,548,000

$8,323,000
$11,353,000

$1,650,000
$1,975,000

$8,965,000
$11,220,000

Revenue
Totals for Douglas

2
2

$6,000,000
$6,000,000

$1,240,000
$1,240,000

$245,000
$245,000

$4,515,000
$4,515,000

General Obligation
Revenue
Totals for Duncan

1
1
2

$150,000
$800,000
$950,000

$111,000
$13,799
$124,799

$12,000
$44,015
$56,015

$27,000
$742,186
$769,186

$83,216

$0

$277,385

$27,000

General Obligation
Revenue
Totals for Eagar

2
2
4

$395,000
$560,000
$955,000

$42,448
$308,000
$350,448

$244,000
$23,000
$267,000

$108,552
$229,000
$337,552

$978,047

$108,552

$3,260,155

$0

Certificates of Participation
Revenue
Totals for El Mirage

2
2
4

$19,725,000
$2,325,000
$22,050,000

$3,070,000
$375,000
$3,445,000

$5,890,000
$160,000
$6,050,000

$10,765,000
$1,790,000
$12,555,000

Municipal Property Corp
Revenue
Totals for Eloy

3

$7,805,000

$2,300,000

$1,755,000

$3,750,000

4
7

$6,279,610
$14,084,610

$603,966
$2,903,966

$13,083
$1,768,083

$5,662,561
$9,412,561

General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Flagstaff

7
1
5
2
15

$42,674,064
$4,700,000
$44,575,760
$2,245,000
$94,194,824

$8,895,000
$0
$8,657,817
$1,057,000
$18,609,817

$3,570,000
$255,000
$11,392,888
$244,000
$15,461,888

$30,209,064
$4,445,000
$24,525,055
$944,000
$60,123,119

$26,920,481

$4,160,000

$89,734,936

$26,049,064

Douglas

Duncan

Eagar

El Mirage

Eloy

Flagstaff

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Florence
1
4
5

$2,495,000
$9,125,000
$11,620,000

$985,000
$1,144,000
$2,129,000

$15,000
$101,000
$116,000

$1,495,000
$7,880,000
$9,375,000

4
1
2
3
10

$13,555,000
$4,680,000
$8,825,000
$4,937,276
$31,997,276

$955,000
$300,000
$540,000
$9,683
$1,804,683

$735,000
$150,000
$365,000
$146,228
$1,396,228

$11,865,000
$4,230,000
$7,920,000
$4,781,365
$28,796,365

Revenue
Totals for Fredonia

4
4

$1,888,592
$1,888,592

$163,210
$163,210

$34,454
$34,454

$1,690,928
$1,690,928

Revenue
Totals for Gila Bend

1
1

$390,000
$390,000

$315,000
$315,000

$75,000
$75,000

$0
$0

General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Gilbert

5
2
5
3
15

$106,750,000
$63,665,000
$33,705,000
$32,425,000
$236,545,000

$28,300,000
$4,740,000
$4,755,000
$19,855,000
$57,650,000

$4,065,000
$6,625,000
$1,410,000
$1,875,000
$13,975,000

General Obligation
Municipal Property Corp
Revenue

10
4
8
2
24

$209,360,000
$172,870,000
$127,994,356
$21,325,000
$531,549,356

$53,225,000
$2,280,000
$43,852,971
$5,250,000
$104,607,971

0
0

$0
$0

$0
$0

Certificates of Participation
Revenue
Totals for Florence
Fountain Hills
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Fountain Hills

$16,236,172

$5,190,000

$54,120,573

$6,675,000

$74,385,000
$52,300,000
$27,540,000
$10,695,000
$164,920,000

$44,974,863

$36,085,000

$149,916,209

$38,300,000

$22,235,000
$1,240,000
$13,625,922
$4,180,000
$41,280,922

$133,900,000
$169,350,000
$70,515,463
$11,895,000
$385,660,463

$59,345,547

$50,435,000

$197,818,491

$83,465,000

$0
$0

$0
$0

Fredonia

Gila Bend

Gilbert

Glendale

Special Assessment
Totals for Glendale
Globe
Totals for Globe

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$13,343,296

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$9,130,000

$44,477,653

$11,800,000

Goodyear
General Obligation
Municipal Property Corp
Revenue
Totals for Goodyear

12
1

$27,670,000
$4,265,000

$5,400,000
$215,000

$1,340,000
$130,000

$20,930,000
$3,920,000

5
18

$22,304,551
$54,239,551

$1,650,000
$7,265,000

$820,655
$2,290,655

$19,833,896
$44,683,896

Municipal Property Corp
Revenue
Totals for Guadalupe

1
2
3

$2,280,000
$4,245,000
$6,525,000

$345,000
$363,000
$708,000

$1,935,000
$437,000
$2,372,000

$0
$3,445,000
$3,445,000

Totals for Hayden

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Revenue
Totals for Holbrook

1
3
4

$600,000
$6,380,000
$6,980,000

$400,000
$435,000
$835,000

$35,000
$245,800
$280,800

$165,000
$5,699,200
$5,864,200

$1,097,014

$0

$3,656,713

$165,000

General Obligation
Municipal Property Corp
Revenue
Totals for Huachuca City

1
1
1
3

$50,000
$1,795,000
$550,000
$2,395,000

$30,000
$334,000
$259,000
$623,000

$2,000
$516,000
$50,000
$568,000

$18,000
$945,000
$241,000
$1,204,000

$301,672

$18,000

$1,005,574

$0

Revenue
Totals for Jerome

1
1

$300,000
$300,000

$0
$0

$5,556
$5,556

$294,444
$294,444

General Obligation
Revenue
Totals for Kearny

1
3
4

$100,000
$2,005,618
$2,105,618

$59,000
$687,000
$746,000

$5,000
$109,000
$114,000

$36,000
$1,209,618
$1,245,618

$322,874

$0

$1,076,248

$36,000

Guadalupe

Hayden

Holbrook

Huachuca City

Jerome

Kearny

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$14,244,502

$136,334,693

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$2,140,000

$47,481,673

$0

$102,910,000

$454,448,977

$98,635,000

Kingman
1
1

$3,900,000
$4,455,000

$1,475,000
$1,185,000

$285,000
$280,000

$2,140,000
$2,990,000

1
8
11

$7,000,000
$8,373,506
$23,728,506

$2,768,821
$3,708,486
$9,137,307

$362,308
$286,299
$1,213,607

$3,868,871
$4,378,721
$13,377,592

Municipal Property Corp
Revenue
Totals for Lake Havasu City

1
1
2

$26,530,000
$14,135,000
$40,665,000

$21,430,000
$400,000
$21,830,000

$2,675,000
$190,000
$2,865,000

$2,425,000
$13,545,000
$15,970,000

Totals for Litchfield Park

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Mammoth

1
1

$430,000
$430,000

$328,000
$328,000

$24,000
$24,000

$78,000
$78,000

Municipal Property Corp
Totals for Marana

2
2

$18,175,000
$18,175,000

$3,730,000
$3,730,000

$1,335,000
$1,335,000

$13,110,000
$13,110,000

1
12

$13,800,000
$411,425,000

$3,450,000
$144,375,000

$10,350,000
$65,505,000

$0
$201,545,000

3
17
3
36

$63,545,000
$715,205,000
$841,771
$1,204,816,771

$31,020,000
$132,090,000
$624,771
$311,559,771

$1,755,000
$87,025,000
$84,000
$164,719,000

$30,770,000
$496,090,000
$133,000
$728,538,000

1
4
1
6

$7,380,000
$18,167,776
$761,000
$26,308,776

$1,100,000
$2,900,684
$225,000
$4,225,684

$165,000
$4,561,386
$105,000
$4,831,386

$6,115,000
$10,705,706
$431,000
$17,251,706

General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Kingman
Lake Havasu City

Litchfield Park

Mammoth

Marana

Mesa
Certificates of Participation
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Mesa
Nogales
Municipal Property Corp
Revenue
Special Assessment
Totals for Nogales

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Oro Valley
Certificates of Participation
Municipal Property Corp
Revenue
Totals for Oro Valley

1
5

$5,125,000
$42,340,000

$955,000
$3,640,000

$0
$175,000

$4,170,000
$38,525,000

2
8

$9,350,000
$56,815,000

$1,975,000
$6,570,000

$770,000
$945,000

$6,605,000
$49,300,000

Municipal Property Corp
Totals for Page

4
4

$29,505,000
$29,505,000

$6,180,000
$6,180,000

$1,715,000
$1,715,000

$21,610,000
$21,610,000

Municipal Property Corp
Totals for Paradise Valley

2
2

$13,890,000
$13,890,000

$5,020,000
$5,020,000

$950,000
$950,000

$7,920,000
$7,920,000

Municipal Property Corp
Revenue
Totals for Parker

1
1
2

$150,000
$4,000,000
$4,150,000

$93,000
$965,000
$1,058,000

$27,000
$240,000
$267,000

$30,000
$2,795,000
$2,825,000

Revenue
Totals for Patagonia

2
2

$60,889
$60,889

$44,697
$44,697

$2,728
$2,728

$13,464
$13,464

General Obligation
Revenue
Special Assessment
Totals for Payson

2
3
1
6

$2,890,000
$3,150,000
$2,142,000
$8,182,000

$964,000
$1,065,000
$422,000
$2,451,000

$130,000
$0
$130,000
$260,000

$1,796,000
$2,085,000
$1,590,000
$5,471,000

$8,681,528

$0

$28,938,425

$1,796,000

10
4
11
25

$82,920,000
$58,575,000
$108,939,870
$250,434,870

$16,825,000
$31,795,000
$18,490,787
$67,110,787

$2,310,000
$26,780,000
$6,187,215
$35,277,215

$63,785,000
$0
$84,261,868
$148,046,868

$39,767,126

$24,305,000

$132,557,088

$39,480,000

Page

Paradise Valley

Parker

Patagonia

Payson

Peoria
General Obligation
Municipal Property Corp
Revenue
Totals for Peoria

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Phoenix
2
23

$26,055,000
$1,711,405,838

$4,855,000
$590,642,764

$745,000
$136,487,997

$20,455,000
$984,275,077

16
33
5
79

$1,459,225,000
$2,079,450,920
$16,184,304
$5,292,321,062

$499,740,000
$518,220,000
$8,657,426
$1,622,115,190

$22,200,000
$133,835,000
$1,425,000
$294,692,997

$937,285,000
$1,427,395,920
$6,101,878
$3,375,512,875

1
1

$575,000
$575,000

$325,000
$325,000

$25,000
$25,000

$225,000
$225,000

Municipal Property Corp
Totals for Pinetop-Lakeside

1
1

$2,120,000
$2,120,000

$325,000
$325,000

$120,000
$120,000

$1,675,000
$1,675,000

General Obligation
Municipal Property Corp

1
3
6
10

$15,895,000
$21,840,000
$4,840,281
$42,575,281

$2,080,000
$6,595,000
$558,421
$9,233,421

$1,085,000
$4,745,000
$314,107
$6,144,107

$12,730,000
$10,500,000
$3,967,753
$27,197,753

Municipal Property Corp
Revenue
Special Assessment
Totals for Prescott Valley

3
3
3
9

$27,495,000
$22,627,530
$14,905,000
$65,027,530

$1,400,000
$1,499,530
$4,150,000
$7,049,530

$335,000
$10,583,000
$760,000
$11,678,000

$25,760,000
$10,545,000
$9,995,000
$46,300,000

Municipal Property Corp
Revenue
Totals for Quartzsite

4
1
5

$3,977,500
$2,200,000
$6,177,500

$718,654
$98,094
$816,748

$91,722
$97,297
$189,019

$3,167,124
$2,004,609
$5,171,733

Revenue
Totals for Queen Creek

1
1

$4,400,000
$4,400,000

$501,621
$501,621

$180,347
$180,347

$3,718,032
$3,718,032

Certificates of Participation
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Phoenix

$528,173,009

$271,000,000

$1,754,727,753

$21,255,938

$12,730,000

$70,853,127

*

$713,275,077

Pima
Revenue
Totals for Pima
Pinetop-Lakeside

Prescott

Special Assessment
Totals for Prescott
Prescott Valley

Quartzsite

Queen Creek

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$0

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Safford
Revenue
Totals for Safford

4
4

$18,900,000
$18,900,000

$798,358
$798,358

$802,455
$802,455

$17,299,187
$17,299,187

Totals for Sahuarita

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Revenue
Totals for San Luis

1
3
4

$85,000
$5,145,000
$5,230,000

$42,000
$1,750,800
$1,792,800

$3,000
$245,700
$248,700

$40,000
$3,148,500
$3,188,500

$1,422,804

$0

$4,742,680

$40,000

16

$539,440,000

$140,475,000

$89,870,000

$309,095,000

$211,596,277

$71,694,600

$705,320,922

$237,400,400

6
12
14
48

$99,865,000
$281,720,000
$57,855,000
$978,880,000

$48,765,000
$62,910,000
$43,479,220
$295,629,220

$37,305,000
$10,150,000
$1,959,043
$139,284,043

$13,795,000
$208,660,000
$11,101,737
$542,651,737

Certificates of Participation
Municipal Property Corp
Revenue
Special Assessment
Totals for Sedona

3
2
1
1
7

$8,110,000
$43,035,000
$25,100,000
$2,500,000
$78,745,000

$455,000
$303,744
$8,225,000
$990,000
$9,973,744

$490,000
$121,162
$1,225,000
$175,000
$2,011,162

$7,165,000
$42,610,094
$15,650,000
$1,335,000
$66,760,094

Certificates of Participation
Totals for Show Low

2
2

$9,500,000
$9,500,000

$2,615,000
$2,615,000

$725,000
$725,000

$6,160,000
$6,160,000

Municipal Property Corp
Revenue
Totals for Sierra Vista

4
1
5

$30,685,650
$4,145,000
$34,830,650

$2,903,696
$1,280,000
$4,183,696

$1,302,504
$360,000
$1,662,504

$26,479,450
$2,505,000
$28,984,450

Revenue
Totals for Snowflake

1
1

$4,213,000
$4,213,000

$0
$0

$0
$0

$4,213,000
$4,213,000

Sahuarita

San Luis

Scottsdale
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Scottsdale
Sedona

Show Low

Sierra Vista

Snowflake

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Somerton
Totals for Somerton

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Totals for South Tucson

5
5

$12,675,000
$12,675,000

$205,000
$205,000

$5,610,000
$5,610,000

$6,860,000
$6,860,000

General Obligation
Totals for Springerville

1
1

$865,000
$865,000

$10,536
$10,536

$129,464
$129,464

$725,000
$725,000

Revenue
Totals for St. Johns

1
1

$156,045
$156,045

$0
$0

$0
$0

$156,045
$156,045

Municipal Property Corp
Revenue
Totals for Superior

1
1
2

$1,200,000
$715,000
$1,915,000

$0
$540,000
$540,000

$20,000
$85,000
$105,000

$1,180,000
$90,000
$1,270,000

General Obligation
Municipal Property Corp
Totals for Surprise

3
1
4

$8,795,955
$59,120,000
$67,915,955

$3,325,159
$3,125,000
$6,450,159

$548,058
$1,950,000
$2,498,058

$4,922,738
$54,045,000
$58,967,738

Revenue
Totals for Taylor

2
2

$1,350,000
$1,350,000

$264,000
$264,000

$620,000
$620,000

$466,000
$466,000

1
12
1
4
6
24

$5,110,000
$290,150,000
$1,400,000
$119,635,000
$28,185,000
$444,480,000

$1,300,000
$74,060,000
$770,000
$17,030,000
$7,935,000
$101,095,000

$475,000
$28,115,000
$110,000
$41,955,000
$1,730,000
$72,385,000

$3,335,000
$187,975,000
$520,000
$60,650,000
$18,520,000
$271,000,000

South Tucson

Springerville
$427,381

$0

$1,424,604

$725,000

$16,811,454

$0

$56,038,180

$4,922,738

$93,389,538

$65,690,000

$311,298,459

$122,285,000

St. Johns

Superior

Surprise

Taylor

Tempe
Certificates of Participation
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Tempe

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Thatcher
1
1

$2,000,000
$2,000,000

$1,023,609
$1,023,609

$229,930
$229,930

$746,461
$746,461

$11,160,000
$8,560,000
$670,000
$20,390,000

$3,135,000
$0
$505,000
$3,640,000

$575,000
$0
$80,000
$655,000

$7,450,000
$8,560,000
$85,000
$16,095,000

$6,113,394

$0

$20,377,980

$7,450,000

Special Assessment
Totals for Tolleson

4
1
1
6

General Obligation
Revenue
Totals for Tombstone

1
3
4

$75,000
$906,500
$981,500

$51,000
$272,500
$323,500

$3,000
$21,000
$24,000

$21,000
$613,000
$634,000

$437,634

$0

$1,458,781

$21,000

3
20
34
16
73

$41,825,000
$424,445,720
$794,425,852
$8,694,612
$1,269,391,184

$13,165,000
$129,041,650
$156,027,893
$3,471,123
$301,705,666

$4,680,000
$28,415,000
$151,191,750
$668,597
$184,955,347

$23,980,000
$266,989,070
$487,206,209
$4,554,892
$782,730,171

$136,124,000

$84,671,460

$453,746,667

$182,317,610

Revenue
Totals for Wellton

1
1

$260,000
$260,000

$247,000
$247,000

$13,000
$13,000

$0
$0

Revenue
Totals for Wickenburg

1
1

$1,300,000
$1,300,000

$1,050,000
$1,050,000

$79,000
$79,000

$171,000
$171,000

General Obligation
Revenue
Totals for Willcox

1
5
6

$1,040,000
$3,126,700
$4,166,700

$725,000
$627,713
$1,352,713

$95,000
$742,297
$837,297

$220,000
$1,756,690
$1,976,690

$892,041

$0

$2,973,469

$220,000

Revenue
Totals for Thatcher
Tolleson
General Obligation
Municipal Property Corp

Tombstone

Tucson
Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Tucson
Wellton

Wickenburg

Willcox

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 2
CITY/TOWN FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$1,701,541

$18,342,535

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$81,000

$5,671,804

$0

$0

$61,141,782

$10,505,000

Williams
2
1

$500,000
$5,480,000

$389,000
$0

$30,000
$825,000

$81,000
$4,655,000

3
1
7

$8,000,000
$1,150,000
$15,130,000

$684,161
$170,000
$1,243,161

$270,705
$35,000
$1,160,705

$7,045,134
$945,000
$12,726,134

Totals for Winkleman

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Winslow

5
5

$15,900,000
$15,900,000

$2,606,799
$2,606,799

$612,231
$612,231

$12,680,970
$12,680,970

Totals for Youngtown

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Municipal Property Corp
Revenue
Totals for Yuma

2
1
4
7

$22,455,000
$34,150,000
$70,410,000
$127,015,000

$11,070,000
$0
$18,055,000
$29,125,000

$880,000
$0
$23,065,000
$23,945,000

$10,505,000
$34,150,000
$29,290,000
$73,945,000

23

$160,485,000

$40,915,000

$24,500,000

$95,070,000

199

$4,120,791,577

$1,231,142,557

$414,873,519

$2,474,775,501

94

$2,379,850,206

$692,923,199

$126,120,787

$1,560,806,220

280

$4,999,113,620

$1,069,039,789

$558,930,893

$3,368,142,938

84

$231,459,750

$107,686,130

$16,701,774

$105,756,846

680

$11,891,700,153

$3,141,706,675

$1,141,126,973

$7,604,551,505

General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Williams
Winkleman

Winslow

Youngtown

Yuma

Certificates of Participation
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Grand Totals:

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

COMMUNITY COLLEGES
Community college bonded indebtedness
consists of general obligation debt, revenue
bonds and certificates of participation. Of
the ten community colleges, only Eastern
Arizona Community College has reported no
debt. Detail of the outstanding indebtedness
of Community Colleges can be found in
Table 3. The community colleges reported
the
following
outstanding
bonded
indebtedness as of June 30, 2003:
➟
$430.5 million in general obligation
debt, reported by six community colleges;
➟
$55.6 million in revenue bonds,
reported by six community colleges; and
➟
$2.7 million in certificates of
participation, reported by two community
colleges.
During FY 2002/03, $109.3 million of
outstanding principal was retired or
refunded. The following table lists debt by
community college, from most debt to least
debt. This table does not allow for any
determination as to whether a community
college has heavy or light debt; it is only a
rank order from highest to smallest.
COMMUNITY
COLLEGE:
Maricopa
Pima
Yavapai
Coconino
Arizona Western2
Mohave
Northland Pioneer3
Central Arizona4
Cochise
Eastern Arizona5

OUTSTANDING
DEBT
$285,615,000
$103,355,000
$25,315,000
$23,115,000
$20,110,000
$11,980,000
$9,955,000
$7,860,000
$1,495,000
$0

2Arizona Western Community College serves Yuma
and La Paz Counties.
3Northland Pioneer Community College serves Navajo
County.
4Central Arizona Community College serves Pinal
County.
5Eastern Arizona Community College serves Graham
County.

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2003.
However, the year-end balances should not
include any July 1, 2003 payments, if the
payment amount has been deposited into a
dedicated fund for the payment of the
principal.
GENERAL OBLIGATION DEBT
Arizona Western, Coconino, Maricopa,
Northland Pioneer, Pima and Yavapai
community colleges reported general
obligation debt subject to the constitutional
15% debt limitation imposed on school
districts, which includes community college
districts. Each of the community colleges
was within their debt limitation, as shown
below and on Table 3 in the Appendix.
COMMUNITY
COLLEGE:
Arizona Western
Coconino
Maricopa
Northland Pioneer
Pima
Yavapai

DEBT
DEBT
LIMITATION
$110,733,725 $19,690,000
$162,731,373 $23,115,000
$3,668,557,092 $261,015,000
$88,890,673
$8,740,000
$725,334,183 $94,215,000
$217,574,637 $23,740,000

% OF DEBT
LIMIT USED
10.9%
14.2%
7.1%
9.8%
13.0%
10.9%

REVENUE BONDS
Arizona Western, Central Arizona, Maricopa,
Mohave, Pima and Yavapai community
colleges have outstanding revenue bonds.
These bonds are secured by and to be
repaid from student tuition and fees.
Student unions, classrooms, dormitories and
general construction are the primary
purposes listed for these bonds.
The
outstanding balance in revenue bonds at the
end of FY 2002/03 was $55.6 million, after
retiring and refunding $5.4 million during the
fiscal year.
CERTIFICATES OF PARTICIPATION
Cochise and Northland Pioneer community
colleges have reported certificates of
participation. The outstanding balance for
this type of debt at the end of FY 2002/03
was $2.7 million, after retiring and refunding
$0.4 million during the fiscal year.

PER STUDENT DEBT
One method of determining the level of debt
in relation to the other community colleges is
dividing total outstanding debt by the fulltime student count. High per student debt is
neither good nor bad; it is simply a
comparative tool to describe how the
community college compares to others.
Using this measure, Coconino County
Community College has the most debt per
student, as can be seen on the table below:
COMMUNITY
COLLEGE:
Coconino
Yavapai

PER STUDENT
DEBT
$14,009.09
$7,874.03

COMMUNITY
COLLEGE:
Arizona Western
Pima
Maricopa
Mohave
Northland Pioneer
Central Arizona
Cochise
Eastern Arizona

PER STUDENT
DEBT
$5,527.76
$5,327.58
$4,838.88
$4,607.69
$4,191.58
$2,311.76
$434.34
$0

The student population counts used to
calculate the per student debt are those
provided by the State Board of Community
Colleges for FY 2001/02 for the expenditure
limitation calculation.

TABLE 3
COMMUNITY COLLEGE FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$110,733,725

$19,690,000

$162,731,373

$23,115,000

$3,668,557,092

$261,015,000

$88,890,673

$8,740,000

$725,334,183

$94,215,000

Arizona Western
2
2
4

$26,200,000
$2,370,000
$28,570,000

$5,200,000
$1,605,000
$6,805,000

$1,310,000
$345,000
$1,655,000

$19,690,000
$420,000
$20,110,000

Revenue
Totals for Central Arizona

2
2

$9,400,000
$9,400,000

$1,175,000
$1,175,000

$365,000
$365,000

$7,860,000
$7,860,000

Certificate of Participation
Totals for Cochise CC

1
1

$3,000,000
$3,000,000

$1,300,000
$1,300,000

$205,000
$205,000

$1,495,000
$1,495,000

General Obligation
Totals for Coconino CC

1
1

$25,000,000
$25,000,000

$1,165,000
$1,165,000

$720,000
$720,000

$23,115,000
$23,115,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

7
3
10

$499,545,000
$35,475,000
$535,020,000

$166,120,000
$8,700,000
$174,820,000

$72,410,000
$2,175,000
$74,585,000

$261,015,000
$24,600,000
$285,615,000

3
3

$12,130,000
$12,130,000

$0
$0

$150,000
$150,000

$11,980,000
$11,980,000

Certificate of Participation
General Obligation
Totals for Northland Pioneer

1
1
2

$2,410,000
$15,600,000
$18,010,000

$1,030,000
$5,855,000
$6,885,000

$165,000
$1,005,000
$1,170,000

$1,215,000
$8,740,000
$9,955,000

General Obligation
Revenue
Totals for Pima CC

4
3
7

$145,080,000
$20,600,000
$165,680,000

$32,430,000
$9,210,000
$41,640,000

$18,435,000
$2,250,000
$20,685,000

$94,215,000
$9,140,000
$103,355,000

General Obligation
Revenue
Totals for Arizona Western
Central Arizona

Cochise CC

Coconino CC

Eastern Arizona College
Totals for Eastern Arizona College
Maricopa CC
General Obligation
Revenue
Totals for Maricopa CC
Mohave CC
Revenue
Totals for Mohave CC
Northland Pioneer

Pima CC

TABLE 3
COMMUNITY COLLEGE FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$5,810,000
$800,000
$6,610,000

$9,630,000
$125,000
$9,755,000

$23,740,000
$1,575,000
$25,315,000

$217,574,637

$23,740,000

Yavapai College
General Obligation
Revenue
Totals for Yavapai College
Certificate of Participation

4
1
5

$39,180,000
$2,500,000
$41,680,000

2

$5,410,000

$2,330,000

$370,000

$2,710,000

General Obligation

19

$750,605,000

$216,580,000

$103,510,000

$430,515,000

Revenue

14

$82,475,000

$21,490,000

$5,410,000

$55,575,000

Grand Totals:

35

$838,490,000

$240,400,000

$109,290,000

$488,800,000

SCHOOL DISTRICTS
School districts can incur general obligation
debt, which is subject to constitutional debt
limitations. Elementary schools and high
schools have a debt limitation of 15% of ad
valorem valuation; unified school districts
have a limit of 30%. Some school districts
are subject to a restricted debt limitation due
to the issuance of some Capital Appreciation
Bonds prior to March 31, 1996. The districts
with restricted capacity are asterisked in
Tables 4 through 18.
There are 224 school districts, 73 of which
had no bonded indebtedness in FY 2002/03.
Five school districts (Round Valley USD in
Apache County, San Simon USD in Cochise
County, Fredonia-Moccasin in Coconino
County, Altar Valley ESD in Pima County
and Combs ESD in Pinal County) retired all
outstanding debt as of June 30, 2002. The
remaining 146 school districts with
outstanding bonded indebtedness had total
general obligation debt of $3.6 billion, class
B general obligation debt of $295.1 million,
certificate of participation debt of $65.6
million and revenue bond debt of $21.4
million. Within school districts that have
outstanding bonded indebtedness, the
average debt per student was $4,816.
(There are 51 school districts with a higher
debt-per-student figure.)
Detail of the outstanding indebtedness of
Arizona School Districts can be found in
Tables 4 through 19. The following table
shows the number of school districts in each
county with and without outstanding bonded
indebtedness as of June 30, 2002.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Pima

# WITH B.I.
5
11
5
5
3
3
4
49
12
5
11

# WITHOUT B.I.
5
12
5
3
4
2
2
6
5
6
5

COUNTY
Pinal
Santa Cruz
Yavapai
Yuma

# WITH B.I.
13
2
9
9

# WITHOUT B.I.
5
4
14
0

The next table lists county totals of school
district debt, from most debt to least debt.
This table does not allow for any kind of
determination as to whether the school
districts within the county have heavy debt
or light debt; it is simply a rank order of debt
outstanding as of June 30, 2003.
COUNTY TOTAL
FOR SCHOOL
DISTRICTS:
Maricopa
Pima
Pinal
Mohave
Coconino
Yavapai
Yuma
Navajo
Cochise
Santa Cruz
Gila
Apache
Graham
La Paz
Greenlee

OUTSTANDING
DEBT
$2,828,791,000
$661,715,000
$103,095,000
$80,880,000
$72,650,000
$65,930,000
$58,825,000
$37,725,000
$34,935,000
$19,125,000
$18,695,000
$14,165,000
$10,740,000
$6,370,000
$5,640,000

DEBT PER
STUDENT
$5,303
$5,257
$4,345
$3,362
$4,041
$3,525
$1,825
$3,627
$2,354
$2,301
$2,688
$1,540
$2,324
$2,531
$3,492

The debt per student figures shown on the
previous table are calculated using the
Arizona Department of Education's 100th
day average daily membership student
count for FY 2002/03 for those districts with
outstanding debt.
Tables 4 through 18, at the end of this
section, summarize outstanding bonded
indebtedness by school district by county,
with the debt limitation calculation. Please
note that the outstanding balances listed in
the report should reflect all indebtedness as
of June 30, 2003. However, the year-end
balances should reflect any July 1, 2003
payments if the payment amount has been
deposited into a dedicated fund for the
payment of the principal.

As mentioned, school district debt is being
measured against debt limits which may be
restricted due to prior issue of Capital
Appreciation
Bonds.
Based
upon
information provided by the school districts,
sixteen districts have restricted capacity.
The restriction occurs only when a refunding
Capital Appreciation bond was issued prior
to March 31, 1996, creating debt capacity
that was then used by subsequent bond
issues. If such bonds have been paid off, no
restriction exists. If such bonds have not yet
been paid off, the restriction will be reduced
as premium is paid off.
Districts with
restricted debt capacity are asterisked in
Tables 4 through 18. For one district,
(Creighton Elementary) the FY 2002/03
restriction was not available at print time so
the FY 1997/98 restriction has been used
instead.
Prior to any new General Obligation issues,
the Total Amount Outstanding is compared
against the constitutional debt limits of 15%
for Elementary and High School Districts
and 30% for Unified School Districts.
Generally without any new issues, as debt is
retired, and property values increase, debt
capacity increases. However, if property
values fall over time, the debt capacity can
be exhausted without the issue of new
bonds.
According to the information provided by the
counties on school district debt, one school
district, Hayden-Winkleman Unified in Gila
County, has bonded indebtedness which
exceeded their debt capacity at the close of
FY 2002/03 due to a decline in their
secondary net assessed valuations. This
district is not eligible to issue new debt due
to the exhausted debt capacity.
Per §15-1021, beginning January 1, 1999
school districts could begin issuing Class B
bonds which are subject to a lower debt
limitation than Class A bonds. For Class B
bonds, elementary schools and high schools
are subject to a debt limitation of 5% of ad
valorem valuation or $1,500 per student
based on average daily membership, which
ever is greater. Unified school districts have
a limit of 10% or $1,500 per student based
on average daily membership, which ever is
greater. Effective from and after December
31, 1999 school districts are no longer

allowed to issue Class A bonds (with some
exceptions). The total amount of Class A
and B bonds issued by a school district
cannot exceed the constitutional debt limits
of 15% and 30%.
As of publication date there are eighteen
school districts that are known to have
issued Class B bonds (Agua Fria UHSD,
Cave Creek USD, Deer Valley USD, Dysart
USD, Fountain Hills USD, Paradise Valley
USD, Pendergast ESD, Queen Creek USD,
Riverside ESD, Saddle Mountain USD,
Tolleson ESD, and Washington ESD in
Maricopa County; Marana USD and Vail
ESD in Pima County; Ray USD and Toltec
ESD in Pinal County; and Hyder ESD and
Somerton ESD in Yuma County). In this
report, the Class B bonds have been
separated from the other school district
General Obligation issues, and have not
been included in the debt limit comparisons
but are shown separately below.

School District
Paradise Valley USD
Deer Valley USD
Washington ESD
Saddle Mountain USD
Marana USD
Dysart USD
Agua Fria UHSD
Pendergast ESD
Cave Creek USD
Fountain Hill USD
Vail USD
Queen Creek USD
Riverside ESD
Ray USD
Somerton ESD
Tolleson ESD
Toltec ESD
Hyder ESD

County
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Pinal
Yuma
Maricopa
Pinal
Yuma

Class B
Outstanding
Principal
$71,800,000
$50,475,000
$30,335,000
$25,000,000
$23,230,000
$16,000,000
$12,000,000
$11,525,000
$10,800,000
$9,860,000
$9,780,000
$8,720,000
$7,790,000
$2,720,000
$1,975,000
$1,500,000
$1,365,000
$255,000

Class B
Debt Limit
$197,644,858
$125,010,291
$60,518,547
$77,436,858
$35,652,885
$40,827,129
$18,311,811
$14,557,500
$88,943,616
$27,776,819
$17,111,876
$8,721,324
$9,866,600
$2,738,036
$3,730,500
$3,862,887
$1,913,595
$533,883

Table 19 shows bonded indebtedness for
each school district with outstanding debt, in
order from most debt to least debt. It also
has debt per student for each district with
rank order noted. Again, neither the rank
order for outstanding debt nor the rank order
for debt per student allows for any
determination to be made as to level of debt
in the school district.
It is purely a
comparative tool and only indicates the level

of debt in the particular school district as of
June 30, 2003.
As shown on Table 19, Paradise Valley
Unified School District in Maricopa County
has the largest amount of outstanding
bonded indebtedness among all school
districts as of June 30, 2003, at $318.1

million.
In terms of debt per student,
however, Paradise Valley Unified School
District ranks 19th at $9,151. The school
district with the highest debt per student is
Saddle Mountain Unified School District in
Maricopa County, at $39,281 in outstanding
debt per student.

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 St. Johns USD
General Obligation
Totals for St. Johns USD

2
2

$3,450,000
$3,450,000

$1,900,000
$1,900,000

$500,000
$500,000

$1,050,000
$1,050,000

$7,511,546

$1,050,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$18,550,000
$18,550,000

$14,660,000
$14,660,000

$3,890,000
$3,890,000

$0
$0

1
1

$3,200,000
$3,200,000

$705,000
$705,000

$375,000
$375,000

$2,120,000
$2,120,000

$3,881,540

$2,120,000

3
3

$4,480,000
$4,480,000

$1,425,000
$1,425,000

$1,270,000
$1,270,000

$1,785,000
$1,785,000

$4,956,159

$1,785,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$725,000
$725,000

$360,000
$360,000

$265,000
$265,000

$100,000
$100,000

$1,154,400

$100,000

1
1
2

$390,000
$9,110,000
$9,500,000

$300,000
$0
$300,000

$90,000
$0
$90,000

$0
$9,110,000
$9,110,000

6 Concho ESD
Totals for Concho ESD
8 Window Rock USD
Totals for Window Rock USD
9 Vernon ESD
Totals for Vernon ESD
10 Round Valley USD
General Obligation
Totals for Round Valley USD
18 Sanders (Puerco) US
General Obligation
Totals for Sanders (Puerco) USD
20 Ganado USD
General Obligation
Totals for Ganado USD
23 McNary ESD
Totals for McNary ESD
24 Chinle USD
General Obligation
Totals for Chinle USD
27 Red Mesa USD
General Obligation
Revenue
Totals for Red Mesa USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

General Obligation
Revenue
Grand Totals:

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

12

$30,795,000

$19,350,000

$6,390,000

$5,055,000

1

$9,110,000

$0

$0

$9,110,000

13

$39,905,000

$19,350,000

$6,390,000

$14,165,000

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

1

1
1

$1,700,000
$1,700,000

$860,000
$860,000

$195,000
$195,000

$645,000
$645,000

$8,251,670

$645,000

1
1

$4,950,000
$4,950,000

$875,000
$875,000

$300,000
$300,000

$3,775,000
$3,775,000

$9,552,832

$3,775,000

1
1

$1,300,000
$1,300,000

$255,000
$255,000

$50,000
$50,000

$995,000
$995,000

$3,351,917

$995,000

3
3

$3,365,000
$3,365,000

$1,755,000
$1,755,000

$200,000
$200,000

$1,410,000
$1,410,000

$7,014,007

$1,410,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$650,000
$650,000

$605,000
$605,000

$45,000
$45,000

$0
$0

1
1

$2,725,000
$2,725,000

$315,000
$315,000

$115,000
$115,000

$2,295,000
$2,295,000

$5,000,025

$2,295,000

1
1

$350,000
$350,000

$275,000
$275,000

$35,000
$35,000

$40,000
$40,000

St. David USD
General Obligation
Totals for St. David USD

22

30% DEBT LIMIT
USED

San Simon USD
General Obligation
Totals for San Simon USD

21

30% DEBT LIMIT

Bowie USD
Totals for Bowie USD

18

15% DEBT LIMIT
USED

Willcox USD
Totals for Willcox USD

14

15% DEBT LIMIT

Elfrida ESD
Totals for Elfrida ESD

13

CURRENT
OUTSTANDING
PRINCIPAL

Benson ESD
General Obligation
Totals for Benson ESD

12

PAID IN FISCAL
YEAR 2003

Valley UHSD
General Obligation
Totals for Valley UHSD

9

PAID THROUGH
6/30/02

Bisbee USD
General Obligation
Totals for Bisbee USD

6

ORIGINAL
PRINCIPAL

Tombstone USD
General Obligation
Totals for Tombstone USD

2

# OF
ISSUES

Pearce ESD
General Obligation
Totals for Pearce ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$1,866,263

$40,000

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

23

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$16,980,000
$16,980,000

$3,215,000
$3,215,000

$7,485,000
$7,485,000

$6,280,000
$6,280,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$1,595,000
$1,595,000

$875,000
$875,000

$120,000
$120,000

$600,000
$600,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$315,000
$315,000

$130,000
$130,000

$25,000
$25,000

$160,000
$160,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$5,225,331

$600,000

$653,184

$160,000

Pomerene ESD
General Obligation
Totals for Pomerene ESD

66

$0
$0

McNeal ESD
Totals for McNeal ESD

64

0
0

Ash Creek ESD
Totals for Ash Creek ESD

55

15% DEBT LIMIT
USED

Palominas ESD
General Obligation
Totals for Palominas ESD

53

15% DEBT LIMIT

Double Adobe ESD
Totals for Double Adobe ESD

49

CURRENT
OUTSTANDING
PRINCIPAL

Apache ESD
Totals for Apache ESD

45

PAID IN FISCAL
YEAR 2003

30% DEBT LIMIT

30% DEBT LIMIT
USED

$14,395,105

$6,280,000

Douglas USD
General Obligation
Totals for Douglas USD

42

PAID THROUGH
6/30/02

Cochise ESD
Totals for Cochise ESD

27

ORIGINAL
PRINCIPAL

Naco ESD
Totals for Naco ESD

26

# OF
ISSUES

Rucker ESD
Totals for Rucker ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

68

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

6
6

$54,525,000
$54,525,000

$23,515,000
$23,515,000

$13,685,000
$13,685,000

$17,325,000
$17,325,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$3,465,000
$3,465,000

$1,855,000
$1,855,000

$200,000
$200,000

$1,410,000
$1,410,000

General Obligation

25

$91,920,000

$34,530,000

$22,455,000

$34,935,000

Grand Totals:

25

$91,920,000

$34,530,000

$22,455,000

$34,935,000

Forrest ESD
Totals for Forrest ESD

101

ORIGINAL
PRINCIPAL

30% DEBT LIMIT

30% DEBT LIMIT
USED

$63,436,221

$17,325,000

Sierra Vista USD
General Obligation
Totals for Sierra Vista USD

81

# OF
ISSUES

Benson UHSD
General Obligation
Totals for Benson UHSD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$7,014,007

$1,410,000

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

1

5
5

$73,260,000
$73,260,000

$15,355,000
$15,355,000

$6,965,000
$6,965,000

$50,940,000
$50,940,000

$210,575,011

$35,315,000 **

2
2

$3,845,000
$3,845,000

$1,180,000
$1,180,000

$195,000
$195,000

$2,470,000
$2,470,000

$21,665,648

$2,470,000

2
2

$5,425,000
$5,425,000

$1,255,000
$1,255,000

$400,000
$400,000

$3,770,000
$3,770,000

$7,142,138

$3,770,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,595,000
$1,595,000

$1,565,000
$1,565,000

$30,000
$30,000

$0
$0

4
4

$28,560,000
$28,560,000

$14,575,000
$14,575,000

$1,720,000
$1,720,000

$12,265,000
$12,265,000

$35,521,856

$12,265,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

5
5

$7,660,000
$7,660,000

$4,160,000
$4,160,000

$295,000
$295,000

$3,205,000
$3,205,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Tuba City USD
General Obligation
Totals for Tuba City USD

31

30% DEBT LIMIT
USED

Maine ESD
Totals for Maine ESD

15

30% DEBT LIMIT

Sedona Oakcreek US
Totals for Sedona Oakcreek USD

10

15% DEBT LIMIT
USED

Page USD
General Obligation
Totals for Page USD

9

15% DEBT LIMIT

Fredonia-Moccasin U
General Obligation
Totals for Fredonia-Moccasin USD

8

CURRENT
OUTSTANDING
PRINCIPAL

Chevlon Butte ESD
Totals for Chevlon Butte ESD

6

PAID IN FISCAL
YEAR 2003

Grand Canyon USD
General Obligation
Totals for Grand Canyon USD

5

PAID THROUGH
6/30/02

Williams USD
General Obligation
Totals for Williams USD

4

ORIGINAL
PRINCIPAL

Flagstaff USD
General Obligation
Totals for Flagstaff USD

2

# OF
ISSUES

Ash Fork USD
Totals for Ash Fork USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
**The Flagstaff USD bond issued by the State Loan Commission in 1999 is not subject to the debt limit. This Bond had $15,625,000 in principle outstanding at the end of FY 2002/03.

$3,963,882 *

$3,205,000

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

General Obligation

19

$120,345,000

$38,090,000

$9,605,000

$72,650,000

Grand Totals:

19

$120,345,000

$38,090,000

$9,605,000

$72,650,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
**The Flagstaff USD bond issued by the State Loan Commission in 1999 is not subject to the debt limit. This Bond had $15,625,000 in principle outstanding at the end of FY 2002/03.

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 7
GILA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

$480,000
$480,000

$430,000
$430,000

$5,050,000
$5,050,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

2
2

$15,475,000
$15,475,000

$5,925,000
$5,925,000

$0
$0

$9,550,000
$9,550,000

General Obligation
Totals for Pine Strawberry ESD

1
1

$2,875,000
$2,875,000

$2,245,000
$2,245,000

$180,000
$180,000

$450,000
$450,000

30% DEBT LIMIT
USED

$12,104,735

$5,050,000

$59,013,635

$9,550,000

1
1

$295,000
$295,000

$70,000
$70,000

$15,000
$15,000

$210,000
$210,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$9,170,000
$9,170,000

$5,630,000
$5,630,000

$105,000
$105,000

$3,435,000
$3,435,000

General Obligation

8

$33,775,000

$14,350,000

$730,000

$18,695,000

Grand Totals:

8

$33,775,000

$14,350,000

$730,000

$18,695,000

$6,867,033

$342,744

$210,000

$450,000

San Carlos USD

Tonto Basin ESD
Totals for Tonto Basin ESD
Miami USD
Totals for Miami USD

41

30% DEBT LIMIT

Pine Strawberry ESD

General Obligation

40

15% DEBT LIMIT
USED

Payson USD

Totals for San Carlos USD
33

15% DEBT LIMIT

Young ESD

Totals for Payson USD

20

CURRENT
OUTSTANDING
PRINCIPAL

$5,960,000
$5,960,000

Totals for Young ESD

12

PAID IN FISCAL
YEAR 2003

2
2

General Obligation

10

PAID THROUGH
6/30/02

Globe USD
Totals for Globe USD

5

ORIGINAL
PRINCIPAL

Hayden-Winkelman USD
General Obligation
Totals for Hayden-Winkelman USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
**Ineligible to issue new debt due to a decline in secondary net assessed valuation.

$2,929,331

**

$3,435,000

TABLE 8
GRAHAM COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

1

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$6,360,000
$6,360,000

$14,545,857

$6,360,000

3
3

$5,985,000
$5,985,000

$1,325,000
$1,325,000

$390,000
$390,000

$4,270,000
$4,270,000

$5,902,103

$4,270,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$850,000
$850,000

$625,000
$625,000

$115,000
$115,000

$110,000
$110,000

$2,660,439

$110,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

5

$16,800,000

$4,970,000

$1,090,000

$10,740,000

Grand Totals:

5

$16,800,000

$4,970,000

$1,090,000

$10,740,000

Thatcher USD

Solomon ESD

Pima USD

Ft. Thomas USD

Klondyke ESD
Totals for Klondyke ESD

16

15% DEBT LIMIT

$585,000
$585,000

Totals for Ft. Thomas USD
9

CURRENT
OUTSTANDING
PRINCIPAL

$3,020,000
$3,020,000

General Obligation
Totals for Pima USD
7

PAID IN FISCAL
YEAR 2003

$9,965,000
$9,965,000

Totals for Solomon ESD
6

PAID THROUGH
6/30/02

1
1

General Obligation
Totals for Thatcher USD
5

ORIGINAL
PRINCIPAL

Safford USD
General Obligation
Totals for Safford USD

4

# OF
ISSUES

Bonita ESD
Totals for Bonita ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 9
GREENLEE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

2

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$225,000
$225,000

$140,000
$140,000

$3,060,000
$3,060,000

$4,044,460

$3,060,000

3
3

$3,000,000
$3,000,000

$1,000,000
$1,000,000

$220,000
$220,000

$1,780,000
$1,780,000

$2,915,516

$1,780,000

2
2

$3,235,000
$3,235,000

$1,970,000
$1,970,000

$465,000
$465,000

$800,000
$800,000

$46,956,056

$800,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

6

$9,660,000

$3,195,000

$825,000

$5,640,000

Grand Totals:

6

$9,660,000

$3,195,000

$825,000

$5,640,000

Clifton USD

Morenci USD

Blue ESD
Totals for Blue ESD

45

PAID IN FISCAL
YEAR 2003

$3,425,000
$3,425,000

General Obligation
Totals for Morenci USD
22

PAID THROUGH
6/30/02

1
1

General Obligation
Totals for Clifton USD
18

ORIGINAL
PRINCIPAL

Duncan USD
General Obligation
Totals for Duncan USD

3

# OF
ISSUES

Eagle ESD
Totals for Eagle ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 10
LA PAZ COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

4

15% DEBT LIMIT

15% DEBT LIMIT
USED

$80,000
$80,000

$1,505,000
$1,505,000

30% DEBT LIMIT

30% DEBT LIMIT
USED

$4,809,626

$1,505,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$3,000,000
$3,000,000

$750,000
$750,000

$700,000
$700,000

$1,550,000
$1,550,000

1
1

$650,000
$650,000

$210,000
$210,000

$40,000
$40,000

$400,000
$400,000

$2,284,378

$400,000

1
1

$3,500,000
$3,500,000

$430,000
$430,000

$155,000
$155,000

$2,915,000
$2,915,000

$10,445,475

$2,915,000

General Obligation

4

$9,150,000

$1,805,000

$975,000

$6,370,000

Grand Totals:

4

$9,150,000

$1,805,000

$975,000

$6,370,000

Wenden ESD

Bouse ESD

Parker USD
$15,800,432

Salome ESD
General Obligation
Totals for Salome ESD

76

CURRENT
OUTSTANDING
PRINCIPAL

$415,000
$415,000

General Obligation
Totals for Parker USD
30

PAID IN FISCAL
YEAR 2003

$2,000,000
$2,000,000

Totals for Bouse ESD
27

PAID THROUGH
6/30/02

1
1

Totals for Wenden ESD
26

ORIGINAL
PRINCIPAL

Quartzsite ESD
General Obligation
Totals for Quartzsite ESD

19

# OF
ISSUES

Bicentennial UHSD
General Obligation
Totals for Bicentennial UHSD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$1,550,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

$17,940,000

$22,240,000

$58,375,000

9

$98,555,000

$17,940,000

$22,240,000

$58,375,000

1

$8,750,000

$300,000

$660,000

$7,790,000

1

$8,750,000

$300,000

$660,000

$7,790,000

13

$121,525,000

$46,050,000

$8,830,000

$66,645,000

13

$121,525,000

$46,050,000

$8,830,000

$66,645,000

13

$414,505,000

$164,295,000

$20,025,000

$230,185,000

13

$414,505,000

$164,295,000

$20,025,000

$230,185,000

4

$15,950,000

$7,580,000

$710,000

$7,660,000

4

$15,950,000

$7,580,000

$710,000

$7,660,000

General Obligation

8

$196,650,000

$64,150,000

$27,150,000

$105,350,000

General Obligation-Class B

2

$34,360,000

$0

$4,025,000

$30,335,000

10

$231,010,000

$64,150,000

$31,175,000

$135,685,000

7

$11,845,000

$2,290,000

$1,260,000

$8,295,000

7

$11,845,000

$2,290,000

$1,260,000

$8,295,000

4

$47,595,000

$16,880,000

$600,000

$30,115,000

4

$47,595,000

$16,880,000

$600,000

$30,115,000

5

$29,745,000

$7,500,000

$1,390,000

$20,855,000

5

$29,745,000

$7,500,000

$1,390,000

$20,855,000

General Obligation

Totals for Mesa USD

Totals for Isaac ESD

$92,656,582 *

$58,375,000

$186,551,629 *

$66,645,000

$703,793,844

$230,185,000

$23,880,755

$7,660,000

$181,555,642

$105,350,000

$21,476,817

$8,295,000

$69,425,490

$30,115,000

$24,296,397

$20,855,000

Washington ESD

Totals for Washington ESD
Wilson ESD
General Obligation
Totals for Wilson ESD
Osborn ESD
General Obligation
Totals for Osborn ESD
9

30% DEBT LIMIT
USED

Isaac ESD
General Obligation

8

30% DEBT LIMIT

Mesa USD
General Obligation

7

15% DEBT LIMIT
USED

Tempe ESD
Totals for Tempe ESD

6

15% DEBT LIMIT

Riverside ESD
Totals for Riverside ESD

5

CURRENT
OUTSTANDING
PRINCIPAL

$98,555,000

General Obligation-Class B

4

PAID IN FISCAL
YEAR 2003

9

Totals for Phoenix ESD

3

PAID THROUGH
6/30/02

Phoenix ESD
General Obligation

2

ORIGINAL
PRINCIPAL

Wickenburg USD
General Obligation
Totals for Wickenburg USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

11

# OF
ISSUES

$106,586,000

$88,100,000

$200,419,000

14

$395,105,000

$106,586,000

$88,100,000

$200,419,000

8

$41,250,000

$19,245,000

$2,155,000

$19,850,000

8

$41,250,000

$19,245,000

$2,155,000

$19,850,000

General Obligation

6

$10,530,000

$1,827,000

$3,651,000

$5,052,000

General Obligation-Class B

1

$1,500,000

$0

$0

$1,500,000

7

$12,030,000

$1,827,000

$3,651,000

$6,552,000

3

$10,985,000

$3,755,000

$1,080,000

$6,150,000

3

$10,985,000

$3,755,000

$1,080,000

$6,150,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

2

$3,165,000

$0

$0

$3,165,000

2

$3,165,000

$0

$0

$3,165,000

Certificate of Participation

1

$15,380,000

$6,850,000

$1,555,000

$6,975,000

General Obligation

6

$83,105,000

$25,440,000

$4,390,000

$53,275,000

7

$98,485,000

$32,290,000

$5,945,000

$60,250,000

5

$42,235,000

$13,600,000

$9,830,000

$18,805,000

5

$42,235,000

$13,600,000

$9,830,000

$18,805,000

3

$3,990,000

$1,570,000

$260,000

$2,160,000

3

$3,990,000

$1,570,000

$260,000

$2,160,000

General Obligation

$19,850,000

$11,585,820 *

$5,052,000

$14,014,958

$6,150,000

$10,956,123

$3,165,000

Liberty ESD
General Obligation
Totals for Liberty ESD
Kyrene ESD

Totals for Kyrene ESD

$205,149,068 *

$53,275,000

Balsz ESD
General Obligation
Totals for Balsz ESD

33

$47,928,779 *

Gila Bend USD
Totals for Gila Bend USD

31

30% DEBT LIMIT

$282,371,987 *

Murphy ESD
Totals for Murphy ESD

28

15% DEBT LIMIT
USED

Tolleson ESD

Totals for Tolleson ESD

25

15% DEBT LIMIT

Creighton ESD
Totals for Creighton ESD

24

CURRENT
OUTSTANDING
PRINCIPAL

$395,105,000

General Obligation

21

PAID IN FISCAL
YEAR 2003

14

Totals for Peoria USD

17

PAID THROUGH
6/30/02

30% DEBT LIMIT
USED

Peoria USD
General Obligation

14

ORIGINAL
PRINCIPAL

$42,991,814

$18,805,000

$8,447,531

$2,160,000

Buckeye ESD
General Obligation
Totals for Buckeye ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$200,419,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

38

# OF
ISSUES

Totals for Madison ESD

Totals for Glendale ESD

Certificate of Participation

Totals for Gilbert USD

General Obligation

Totals for Fowler ESD

Totals for Arlington ESD

General Obligation

6

$86,965,000

$35,875,000

$1,560,000

$49,530,000

6

$86,965,000

$35,875,000

$1,560,000

$49,530,000

5

$36,220,000

$11,450,000

$1,855,000

$22,915,000

5

$36,220,000

$11,450,000

$1,855,000

$22,915,000

$123,465,993

$49,530,000

$40,690,143

$22,915,000

1

$64,760,000

$11,320,000

$0

$53,440,000

10

$156,032,000

$62,812,000

$1,950,000

$91,270,000

11

$220,792,000

$74,132,000

$1,950,000

$144,710,000

3

$14,000,000

$275,000

$650,000

$13,075,000

3

$14,000,000

$275,000

$650,000

$13,075,000

6

$13,355,000

$3,185,000

$3,040,000

$7,130,000

6

$13,355,000

$3,185,000

$3,040,000

$7,130,000

1

$500,000

$380,000

$60,000

$60,000

1

$500,000

$380,000

$60,000

$60,000

$272,258,231 *

$21,552,432

$13,075,000

$16,857,988

$7,130,000

$5,435,239

$60,000

16

$553,427,000

$134,167,000

$153,550,000

$265,710,000

16

$553,427,000

$134,167,000

$153,550,000

$265,710,000

1

$1,800,000

$1,365,000

$210,000

$225,000

1

$1,800,000

$1,365,000

$210,000

$225,000

4

$7,000,000

$2,465,000

$415,000

$4,120,000

4

$7,000,000

$2,465,000

$415,000

$4,120,000

$929,568,614

Palo Verde ESD
General Obligation
Totals for Palo Verde ESD

59

30% DEBT LIMIT
USED

$91,270,000

Scottsdale USD
Totals for Scottsdale USD

49

30% DEBT LIMIT

Arlington ESD
General Obligation

48

15% DEBT LIMIT
USED

Fowler ESD
General Obligation

47

15% DEBT LIMIT

Avondale ESD
Totals for Avondale ESD

45

CURRENT
OUTSTANDING
PRINCIPAL

Gilbert USD
General Obligation

44

PAID IN FISCAL
YEAR 2003

Glendale ESD
General Obligation

41

PAID THROUGH
6/30/02

Madison ESD
General Obligation

40

ORIGINAL
PRINCIPAL

$2,397,887

$225,000

$7,126,991

$4,120,000

Laveen ESD
General Obligation
Totals for Laveen ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$265,710,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

60

# OF
ISSUES

Totals for Higley USD

Totals for Littleton ESD

Totals for Roosevelt ESD

Totals for Alhambra ESD

General Obligation-Class B
Totals for Paradise Valley USD

1

$960,000

$760,000

$95,000

$105,000

1

$960,000

$760,000

$95,000

$105,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

2

$1,825,000

$455,000

$20,000

$1,350,000

2

$1,825,000

$455,000

$20,000

$1,350,000

3

$30,600,000

$1,670,000

$1,835,000

$27,095,000

3

$30,600,000

$1,670,000

$1,835,000

$27,095,000

7

$81,090,000

$39,245,000

$6,485,000

$35,360,000

7

$81,090,000

$39,245,000

$6,485,000

$35,360,000

20

$505,390,000

$196,625,736

$62,454,264

$246,310,000

4

$80,100,000

$3,000,000

$5,300,000

$71,800,000

24

$585,490,000

$199,625,736

$67,754,264

$318,110,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

Sentinel ESD
Totals for Sentinel ESD

75

30% DEBT LIMIT
USED

$28,070,648

$105,000

$9,731,952 *

$592,934,575

$246,310,000

$1,350,000

$56,955,453

$27,095,000

$52,395,660

$35,360,000

Paradise Valley USD
General Obligation

71

30% DEBT LIMIT

Alhambra ESD
General Obligation

69

15% DEBT LIMIT
USED

Roosevelt ESD
General Obligation

68

15% DEBT LIMIT

Littleton ESD
General Obligation

66

CURRENT
OUTSTANDING
PRINCIPAL

Aguila ESD
Totals for Aguila ESD

65

PAID IN FISCAL
YEAR 2003

Union ESD
Totals for Union ESD

63

PAID THROUGH
6/30/02

Higley USD
General Obligation

62

ORIGINAL
PRINCIPAL

Morristown ESD
Totals for Morristown ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

79

# OF
ISSUES

$7,120,000

$1,495,000

$21,890,000

8

$30,505,000

$7,120,000

$1,495,000

$21,890,000

14

$210,320,000

$53,335,000

$21,260,000

$135,725,000

14

$210,320,000

$53,335,000

$21,260,000

$135,725,000

1

$1,760,000

$735,000

$290,000

$735,000

1

$1,760,000

$735,000

$290,000

$735,000

1

$2,560,000

$475,000

$525,000

$1,560,000

1

$2,560,000

$475,000

$525,000

$1,560,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation

5

$14,120,000

$8,095,000

$1,025,000

$5,000,000

General Obligation-Class B

1

$16,000,000

$0

$0

$16,000,000

6

$30,120,000

$8,095,000

$1,025,000

$21,000,000

General Obligation

Totals for Cartwright ESD

30% DEBT LIMIT
USED

$33,383,000

$21,890,000

$301,193,966 *

$135,725,000

$4,718,622

$735,000

Mobile ESD
Totals for Mobile ESD
Dysart USD

Totals for Dysart USD

$122,481,386

Saddle Mountain USD
1

$25,000,000

$0

$0

$25,000,000

1

$25,000,000

$0

$0

$25,000,000

Certificate of Participation

1

$7,400,000

$2,945,000

$815,000

$3,640,000

General Obligation

7

$11,795,000

$4,740,000

$185,000

$6,870,000

General Obligation-Class B

2

$11,625,000

$0

$100,000

$11,525,000

10

$30,820,000

$7,685,000

$1,100,000

$22,035,000

General Obligation-Class B
Totals for Saddle Mountain USD
92

30% DEBT LIMIT

Cartwright ESD
Certificate of Participation

90

15% DEBT LIMIT
USED

Nadaburg ESD
Totals for Nadaburg ESD

89

15% DEBT LIMIT

Chandler USD
Totals for Chandler USD

86

CURRENT
OUTSTANDING
PRINCIPAL

$30,505,000

General Obligation

83

PAID IN FISCAL
YEAR 2003

8

Totals for Litchfield ESD

81

PAID THROUGH
6/30/02

Litchfield ESD
General Obligation

80

ORIGINAL
PRINCIPAL

Pendergast ESD

Totals for Pendergast ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$25,828,998

$6,870,000

$5,000,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

93

# OF
ISSUES

$6,850,000

$43,770,000

$6,800,000

$6,400,000

$10,800,000

$13,250,000

$54,570,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

General Obligation

4

$25,695,000

$330,000

$9,350,000

$16,015,000

General Obligation-Class B

1

$8,720,000

$0

$0

$8,720,000

5

$34,415,000

$330,000

$9,350,000

$24,735,000

14

$252,435,000

$69,810,000

$34,730,000

$147,895,000

2

$52,000,000

$0

$1,525,000

$50,475,000

16

$304,435,000

$69,810,000

$36,255,000

$198,370,000

General Obligation

7

$36,115,000

$9,600,000

$5,685,000

$20,830,000

General Obligation-Class B

2

$16,000,000

$575,000

$5,565,000

$9,860,000

9

$52,115,000

$10,175,000

$11,250,000

$30,690,000

2

$11,210,000

$485,000

$405,000

$10,320,000

2

$11,210,000

$485,000

$405,000

$10,320,000

5

$147,120,000

$66,000,000

$16,575,000

$64,545,000

5

$147,120,000

$66,000,000

$16,575,000

$64,545,000

7

$318,200,000

$129,110,000

$18,155,000

$170,935,000

7

$318,200,000

$129,110,000

$18,155,000

$170,935,000

8

$308,985,000

$56,495,000

$65,525,000

$186,965,000

8

$308,985,000

$56,495,000

$65,525,000

$186,965,000

$266,830,847

$43,770,000

$26,163,972

$16,015,000

$375,030,872

$147,895,000

Queen Creek USD

Deer Valley USD

Fountain Hills USD

Totals for Fountain Hills USD

$82,871,207 *

Buckeye UHSD
General Obligation
Totals for Buckeye UHSD

$27,236,780

$10,320,000

$222,245,786

$64,545,000

$628,633,476

$170,935,000

$412,067,969

$186,965,000

Glendale UHSD
General Obligation
Totals for Glendale UHSD
Phoenix UHSD
General Obligation
Totals for Phoenix UHSD

213

$48,885,000

$55,685,000

Totals for Deer Valley USD

210

$99,505,000
$24,000,000

General Obligation-Class B

205

5

$123,505,000

General Obligation

201

CURRENT
OUTSTANDING
PRINCIPAL

1

Totals for Queen Creek USD

98

PAID IN FISCAL
YEAR 2003

6

General Obligation-Class B
Totals for Cave Creek USD

97

PAID THROUGH
6/30/02

Cave Creek USD
General Obligation

95

ORIGINAL
PRINCIPAL

Tempe UHSD
General Obligation
Totals for Tempe UHSD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$20,830,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

214

# OF
ISSUES

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

12

$58,075,000

$14,210,000

$8,925,000

$34,940,000

12

$58,075,000

$14,210,000

$8,925,000

$34,940,000

10

$43,835,000

$4,905,000

$10,660,000

$28,270,000

1

$12,000,000

$0

$0

$12,000,000

11

$55,835,000

$4,905,000

$10,660,000

$40,270,000

2

$40,635,000

$22,915,000

$5,665,000

$12,055,000

Totals for East Valley Inst. Of Technolog

2

$40,635,000

$22,915,000

$5,665,000

$12,055,000

Certificate of Participation

4

$90,100,000

$21,590,000

$2,895,000

$65,615,000

306

$4,626,209,000

$1,486,207,736

$632,630,264

$2,507,371,000

19

$290,055,000

$10,675,000

$23,575,000

$255,805,000

329

$5,006,364,000

$1,518,472,736

$659,100,264

$2,828,791,000

Totals for Tolleson UHSD

15% DEBT LIMIT

15% DEBT LIMIT
USED

$66,158,772

$34,940,000

$54,935,432

$28,270,000

$1,650,921,877

$12,055,000

Agua Fria UHSD
General Obligation
General Obligation-Class B
Totals for Agua Fria UHSD

401

PAID THROUGH
6/30/02

Tolleson UHSD
General Obligation

216

ORIGINAL
PRINCIPAL

East Valley Inst. Of Tech
General Obligation

General Obligation
General Obligation-Class B
Grand Totals:

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

$6,775,000
$6,775,000

$32,190,000
$32,190,000

$41,190,000
$41,190,000

4
4

$26,325,000
$26,325,000

$13,235,000
$13,235,000

$7,910,000
$7,910,000

$5,180,000
$5,180,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$12,195,000
$12,195,000

$7,945,000
$7,945,000

$2,825,000
$2,825,000

$1,425,000
$1,425,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$3,900,000
$3,900,000

$2,195,000
$2,195,000

$640,000
$640,000

$1,065,000
$1,065,000

1
1

$625,000
$625,000

$95,000
$95,000

$35,000
$35,000

$495,000
$495,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

1
1

$3,500,000
$3,500,000

$1,005,000
$1,005,000

$2,320,000
$2,320,000

General Obligation

1
1

$1,187,000
$1,187,000

$537,000
$537,000

$75,000
$75,000

$48,537,878

$5,180,000

$41,218,425

$1,425,000

Littlefield ESD
General Obligation

$1,572,855

$495,000

$175,000
$175,000

$46,117,393

$175,000

$575,000
$575,000

$3,213,914

$575,000

Fredonia-Moccasin USD
Totals for Fredonia-Moccasin USD
Chloride ESD
Totals for Chloride ESD

12

$108,618,448

$41,190,000

$2,826,136

$1,065,000

Peach Springs USD

Totals for Littlefield ESD

11

30% DEBT LIMIT
USED

Owens ESD

General Obligation
Totals for Peach Springs USD

10

30% DEBT LIMIT

Kingman ESD

Totals for Owens ESD

9

15% DEBT LIMIT
USED

Hackberry ESD

General Obligation

8

15% DEBT LIMIT

Colorado River UHSD

Totals for Kingman ESD
6

CURRENT
OUTSTANDING
PRINCIPAL

$80,155,000
$80,155,000

Totals for Hackberry ESD
4

PAID IN FISCAL
YEAR 2003

7
7

General Obligation
Totals for Colorado River UHSD
3

PAID THROUGH
6/30/02

Lake Havasu USD
General Obligation
Totals for Lake Havasu USD

2

ORIGINAL
PRINCIPAL

Topock ESD
Totals for Topock ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

13

# OF
ISSUES

$0
$0

30% DEBT LIMIT

30% DEBT LIMIT
USED

2
2

$1,885,000
$1,885,000

$180,000
$180,000

$70,000
$70,000

$1,635,000
$1,635,000

2
2

$10,305,000
$10,305,000

$1,925,000
$1,925,000

$1,150,000
$1,150,000

$7,230,000
$7,230,000

$29,190,520

$7,230,000

2
2

$21,550,000
$21,550,000

$1,035,000
$1,035,000

$8,965,000
$8,965,000

$11,550,000
$11,550,000

$16,133,444

$11,550,000

2
2

$10,425,000
$10,425,000

$0
$0

$2,140,000
$2,140,000

$8,285,000
$8,285,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$23,230,000
$23,230,000

$7,660,000
$7,660,000

$13,495,000
$13,495,000

$2,075,000
$2,075,000

General Obligation

29

$195,282,000

$42,587,000

$71,815,000

$80,880,000

Grand Totals:

29

$195,282,000

$42,587,000

$71,815,000

$80,880,000

Colorado City USD
$2,405,932

$1,635,000

$92,234,786

$8,285,000

Bullhead City ESD

Mohave Valley ESD

Kingman USD
General Obligation

Valentine ESD
Totals for Valentine ESD

30

15% DEBT LIMIT
USED

$0
$0

Totals for Kingman USD
22

15% DEBT LIMIT

$0
$0

General Obligation
Totals for Mohave Valley ESD
20

CURRENT
OUTSTANDING
PRINCIPAL

$0
$0

General Obligation
Totals for Bullhead City ESD
16

PAID IN FISCAL
YEAR 2003

0
0

General Obligation
Totals for Colorado City USD
15

PAID THROUGH
6/30/02

Yucca ESD
Totals for Yucca ESD

14

ORIGINAL
PRINCIPAL

Mohave UHSD
General Obligation
Totals for Mohave UHSD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$56,681,484

$2,075,000

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

2
2

$12,745,000
$12,745,000

$4,245,000
$4,245,000

$670,000
$670,000

$7,830,000
$7,830,000

$11,895,233

$7,830,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$5,650,000
$5,650,000

$2,350,000
$2,350,000

$375,000
$375,000

$2,925,000
$2,925,000

$15,972,873

$2,925,000

4
4

$22,490,000
$22,490,000

$6,760,000
$6,760,000

$3,405,000
$3,405,000

$12,325,000
$12,325,000

$32,062,513

$12,325,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$7,000,000
$7,000,000

$3,640,000
$3,640,000

$1,650,000
$1,650,000

$1,710,000
$1,710,000

$6,555,194

$1,710,000

Cedar USD
Totals for Cedar USD

27

30% DEBT LIMIT
USED

Whiteriver USD
Totals for Whiteriver USD

25

30% DEBT LIMIT

Show Low USD
General Obligation
Totals for Show Low USD

20

15% DEBT LIMIT
USED

Heber-Overgaard USD
General Obligation
Totals for Heber-Overgaard USD

10

15% DEBT LIMIT

Snowflake USD
Totals for Snowflake USD

6

CURRENT
OUTSTANDING
PRINCIPAL

Pinon USD
Totals for Pinon USD

5

PAID IN FISCAL
YEAR 2003

Holbrook USD
Totals for Holbrook USD

4

PAID THROUGH
6/30/02

Joseph City USD
Totals for Joseph City USD

3

ORIGINAL
PRINCIPAL

Winslow USD
General Obligation
Totals for Winslow USD

2

# OF
ISSUES

Kayenta USD
General Obligation
Totals for Kayenta USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

32

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

Blue Ridge USD
2
2

$22,585,000
$22,585,000

$8,785,000
$8,785,000

$865,000
$865,000

$12,935,000
$12,935,000

General Obligation

13

$70,470,000

$25,780,000

$6,965,000

$37,725,000

Grand Totals:

13

$70,470,000

$25,780,000

$6,965,000

$37,725,000

General Obligation
Totals for Blue Ridge USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$49,693,028

$12,935,000

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

$474,440,000
$474,440,000

$164,315,000
$164,315,000

$19,355,000
$19,355,000

$290,770,000
$290,770,000

$657,726,441

6
2
8

$67,310,000
$33,980,000
$101,290,000

$8,525,000
$7,250,000
$15,775,000

$2,210,000
$3,500,000
$5,710,000

$56,575,000
$23,230,000
$79,805,000

$106,958,654

$56,575,000

3
3

$27,135,000
$27,135,000

$12,395,000
$12,395,000

$930,000
$930,000

$13,810,000
$13,810,000

$44,142,377

$13,810,000

10
10

$259,075,000
$259,075,000

$70,890,000
$70,890,000

$74,525,000
$74,525,000

$113,660,000
$113,660,000

$266,585,044

$113,660,000

8
8

$89,605,000
$89,605,000

$1,375,000
$1,375,000

$32,365,000
$32,365,000

$55,865,000
$55,865,000

$83,408,075

$55,865,000

2
2

$13,695,000
$13,695,000

$5,895,000
$5,895,000

$790,000
$790,000

$7,010,000
$7,010,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

10
10

$108,295,000
$108,295,000

$50,220,000
$50,220,000

$12,660,000
$12,660,000

$45,415,000
$45,415,000

$112,985,803

4
1
5

$20,570,000
$10,000,000
$30,570,000

$4,345,000
$0
$4,345,000

$7,045,000
$220,000
$7,265,000

$9,180,000
$9,780,000
$18,960,000

$51,335,627

$9,180,000

3
3

$29,895,000
$29,895,000

$7,620,000
$7,620,000

$1,840,000
$1,840,000

$20,435,000
$20,435,000

$24,723,960

$20,435,000

*

$290,770,000

$17,227,463

$7,010,000

*

$45,415,000

Vail USD
General Obligation
General Obligation-Class B
Totals for Vail USD

30

7
7

Catalina Foothills USD
General Obligation
Totals for Catalina Foothills USD

20

30% DEBT LIMIT
USED

Ajo USD
Totals for Ajo USD

16

30% DEBT LIMIT

Tanque Verde ESD
General Obligation
Totals for Tanque Verde ESD

15

15% DEBT LIMIT
USED

Sunnyside USD
General Obligation
Totals for Sunnyside USD

13

15% DEBT LIMIT

Amphitheater USD
General Obligation
Totals for Amphitheater USD

12

CURRENT
OUTSTANDING
PRINCIPAL

Flowing Wells USD
General Obligation
Totals for Flowing Wells USD

10

PAID IN FISCAL
YEAR 2003

Marana USD
General Obligation
General Obligation-Class B
Totals for Marana USD

8

PAID THROUGH
6/30/02

Tucson USD
General Obligation
Totals for Tucson USD

6

ORIGINAL
PRINCIPAL

Sahuarita USD
General Obligation
Totals for Sahuarita USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds.

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

35

$0
$0

$0
$0

15% DEBT LIMIT

15% DEBT LIMIT
USED

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$5,410,000
$5,410,000

$1,425,000
$1,425,000

$285,000
$285,000

$3,700,000
$3,700,000

1
1

$13,105,000
$13,105,000

$0
$0

$820,000
$820,000

$12,285,000
$12,285,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$290,000
$290,000

$265,000
$265,000

$25,000
$25,000

$0
$0

56

$1,095,720,000

$327,270,000

$152,030,000

$616,420,000

General Obligation-Class B

3

$43,980,000

$7,250,000

$3,720,000

$33,010,000

Revenue

1

$13,105,000

$0

$820,000

$12,285,000

60

$1,152,805,000

$334,520,000

$156,570,000

$661,715,000

Empire ESD

Continental ESD

Indian Oasis USD

Redington ESD
Totals for Redington ESD

51

CURRENT
OUTSTANDING
PRINCIPAL

$0
$0

Revenue
Totals for Indian Oasis USD
44

PAID IN FISCAL
YEAR 2003

$0
$0

General Obligation
Totals for Continental ESD
40

PAID THROUGH
6/30/02

0
0

Totals for Empire ESD
39

ORIGINAL
PRINCIPAL

San Fernando ESD
Totals for San Fernando ESD

37

# OF
ISSUES

Altar Valley ESD
General Obligation
Totals for Altar Valley ESD
General Obligation

Grand Totals:

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds.

$25,618,981

$3,700,000

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

$0
$0

$0
$0

$0
$0

2
2

$2,000,000
$2,000,000

$1,260,000
$1,260,000

$165,000
$165,000

$575,000
$575,000

1
1

$2,750,000
$2,750,000

$0
$0

$30,000
$30,000

$2,720,000
$2,720,000

4
4

$28,645,000
$28,645,000

$9,395,000
$9,395,000

$1,710,000
$1,710,000

$17,540,000
$17,540,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$9,970,000
$9,970,000

$590,000
$590,000

$5,110,000
$5,110,000

$4,270,000
$4,270,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$2,300,000
$2,300,000

$0
$0

$10,000
$10,000

$2,290,000
$2,290,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

6
6

$5,946,465
$5,946,465

$721,465
$721,465

$305,000
$305,000

2
2

$7,435,000
$7,435,000

$500,000
$500,000

$1,500,000
$1,500,000

$13,240,065

$575,000

$29,107,609

$17,540,000

$8,351,880

$4,270,000

$3,094,085

$2,290,000

$4,920,000
$4,920,000

$6,488,196

$4,920,000

$5,435,000
$5,435,000

$14,807,315

$5,435,000

Maricopa USD
General Obligation
Totals for Maricopa USD

21

$0
$0

Sacaton ESD
Totals for Sacaton ESD

20

0
0

Superior USD
General Obligation
Totals for Superior USD

18

30% DEBT LIMIT
USED

Eloy ESD
Totals for Eloy ESD

15

30% DEBT LIMIT

Mammoth-San Manuel US
General Obligation
Totals for Mammoth-San Manuel US

11

15% DEBT LIMIT
USED

Red Rock ESD
Totals for Red Rock ESD

8

15% DEBT LIMIT

Casa Grande ESD
General Obligation
Totals for Casa Grande ESD

5

CURRENT
OUTSTANDING
PRINCIPAL

Ray USD
General Obligation-Class B
Totals for Ray USD

4

PAID IN FISCAL
YEAR 2003

Oracle ESD
General Obligation
Totals for Oracle ESD

3

PAID THROUGH
6/30/02

Florence USD
Totals for Florence USD

2

ORIGINAL
PRINCIPAL

Coolidge USD
General Obligation
Totals for Coolidge USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

22

# OF
ISSUES

1
2
3

$1,800,000
$1,620,000
$3,420,000

$825,000
$115,000
$940,000

$325,000
$140,000
$465,000

$650,000
$1,365,000
$2,015,000

$5,740,785

$650,000

1
1

$1,997,000
$1,997,000

$847,000
$847,000

$250,000
$250,000

$900,000
$900,000

$3,329,827

$900,000

1
1

$1,200,000
$1,200,000

$240,000
$240,000

$115,000
$115,000

$845,000
$845,000

$1,799,342

$845,000

9
9

$73,781,043
$73,781,043

$23,771,043
$23,771,043

$9,945,000
$9,945,000

$40,065,000
$40,065,000

30% DEBT LIMIT

1
1

$285,000
$285,000

$230,000
$230,000

$55,000
$55,000

$0
$0

4
4

$42,980,000
$42,980,000

$17,655,000
$17,655,000

$9,235,000
$9,235,000

$16,090,000
$16,090,000

$38,653,027

$16,090,000

2
2

$6,475,000
$6,475,000

$630,000
$630,000

$415,000
$415,000

$5,430,000
$5,430,000

$7,499,906

$5,430,000

37

$184,814,508

$56,664,508

$29,140,000

$99,010,000

3

$4,370,000

$115,000

$170,000

$4,085,000

40

$189,184,508

$56,779,508

$29,310,000

$103,095,000

$77,590,129

Casa Grande UHSD
General Obligation
Totals for Casa Grande UHSD

109

15% DEBT LIMIT
USED

Combs ESD
General Obligation
Totals for Combs ESD

102

15% DEBT LIMIT

30% DEBT LIMIT
USED

Apache Junction USD
General Obligation
Totals for Apache Junction USD

44

CURRENT
OUTSTANDING
PRINCIPAL

Picacho ESD
General Obligation
Totals for Picacho ESD

43

PAID IN FISCAL
YEAR 2003

Stanfield ESD
General Obligation
Totals for Stanfield ESD

33

PAID THROUGH
6/30/02

Toltec ESD
General Obligation
General Obligation-Class B
Totals for Toltec ESD

24

ORIGINAL
PRINCIPAL

Santa Cruz Valley UHSD
General Obligation
Totals for Santa Cruz Valley UHSD
General Obligation
General Obligation-Class B
Grand Totals:

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$40,065,000

TABLE 16
SANTA CRUZ COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

$65,000
$65,000

$180,000
$180,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$25,210,000
$25,210,000

$5,385,000
$5,385,000

$880,000
$880,000

$18,945,000
$18,945,000

General Obligation

5

$26,790,000

$6,720,000

$945,000

$19,125,000

Grand Totals:

5

$26,790,000

$6,720,000

$945,000

$19,125,000

$11,024,491 *

$180,000

Patagonia ESD

Patagonia UHSD

Sonoita ESD

Santa Cruz ESD
Totals for Santa Cruz ESD

35

CURRENT
OUTSTANDING
PRINCIPAL

$1,335,000
$1,335,000

Totals for Sonoita ESD
28

PAID IN FISCAL
YEAR 2003

$1,580,000
$1,580,000

Totals for Patagonia UHSD
25

PAID THROUGH
6/30/02

2
2

Totals for Patagonia ESD
20

ORIGINAL
PRINCIPAL

Nogales USD
General Obligation
Totals for Nogales USD

6

# OF
ISSUES

Santa Cruz Valley US
General Obligation
Totals for Santa Cruz Valley USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$26,783,500

$18,945,000

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

$17,625,000
$17,625,000

$12,090,000
$12,090,000

$480,000
$480,000

$5,055,000
$5,055,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$9,645,000
$9,645,000

$4,390,000
$4,390,000

$605,000
$605,000

$4,650,000
$4,650,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$22,425,000
$22,425,000

$5,925,000
$5,925,000

$2,555,000
$2,555,000

$13,945,000
$13,945,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Skull Valley ESD
Totals for Skull Valley ESD

17

4
4

Champie ESD
Totals for Champie ESD

15

30% DEBT LIMIT

30% DEBT LIMIT
USED

$147,300,062

$5,055,000

$23,539,133

$75,376,482

$13,945,000

$4,650,000

Sedona-Oak Creek USD
General Obligation
Totals for Sedona-Oak Creek USD

14

15% DEBT LIMIT
USED

Walnut Grove ESD
Totals for Walnut Grove ESD

9

15% DEBT LIMIT

Cottonwood-Oak Creek ES
General Obligation
Totals for Cottonwood-Oak Creek ESD

7

CURRENT
OUTSTANDING
PRINCIPAL

Mingus UHSD
Totals for Mingus UHSD

6

PAID IN FISCAL
YEAR 2003

Clarkdale-Jerome ESD
Totals for Clarkdale-Jerome ESD

4

PAID THROUGH
6/30/02

Williamson Valley ESD
Totals for Williamson Valley ESD

3

ORIGINAL
PRINCIPAL

Prescott USD
General Obligation
Totals for Prescott USD

2

# OF
ISSUES

Congress ESD
Totals for Congress ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

20

23

30% DEBT LIMIT
USED

$8,312,359

$1,650,000

General Obligation
Totals for Humboldt USD

6
6

$42,130,000
$42,130,000

$16,790,000
$16,790,000

$1,625,000
$1,625,000

$23,715,000
$23,715,000

$60,297,494

$23,715,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$1,990,000
$1,990,000

$460,000
$460,000

$90,000
$90,000

$1,440,000
$1,440,000

1
1

$6,410,000
$6,410,000

$1,815,000
$1,815,000

$550,000
$550,000

$4,045,000
$4,045,000

$14,763,956

$4,045,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,750,000
$1,750,000

$570,000
$570,000

$175,000
$175,000

$1,005,000
$1,005,000

$9,141,142

$1,005,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Humboldt USD

Kirkland ESD

Beaver Creek ESD
$3,251,645

$1,440,000

Camp Verde USD

Ash Fork USD

Hillside ESD

Seligman USD

Crown King ESD
Totals for Crown King ESD

43

30% DEBT LIMIT

$1,650,000
$1,650,000

General Obligation
Totals for Seligman USD
41

15% DEBT LIMIT
USED

$370,000
$370,000

Totals for Hillside ESD
40

15% DEBT LIMIT

$1,765,000
$1,765,000

Totals for Ash Fork USD
35

CURRENT
OUTSTANDING
PRINCIPAL

$3,785,000
$3,785,000

General Obligation
Totals for Camp Verde USD
31

PAID IN FISCAL
YEAR 2003

2
2

General Obligation
Totals for Beaver Creek ESD
28

PAID THROUGH
6/30/02

General Obligation

Totals for Kirkland ESD
26

ORIGINAL
PRINCIPAL

Bagdad USD
Totals for Bagdad USD

22

# OF
ISSUES

Mayer USD
Totals for Mayer USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

50

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

0
0

$0
$0

$0
$0

$0
$0

$0
$0

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

6
6

$17,510,000
$17,510,000

$6,440,000
$6,440,000

$645,000
$645,000

$10,425,000
$10,425,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

28

$123,270,000

$50,245,000

$7,095,000

$65,930,000

Grand Totals:

28

$123,270,000

$50,245,000

$7,095,000

$65,930,000

Chino Valley USD
General Obligation
Totals for Chino Valley USD

52

ORIGINAL
PRINCIPAL

Canon ESD
Totals for Canon ESD

51

# OF
ISSUES

Yarnell ESD
Totals for Yarnell ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

$28,220,049

$10,425,000

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

$13,565,000
$13,565,000

$0
$0

$27,635,000
$27,635,000

$60,287,910

$27,635,000

4
1
5

$1,735,000
$1,975,000
$3,710,000

$65,000
$0
$65,000

$530,000
$0
$530,000

$1,140,000
$1,975,000
$3,115,000

$3,624,228

$1,140,000

4
4

$13,400,000
$13,400,000

$1,940,000
$1,940,000

$885,000
$885,000

$10,575,000
$10,575,000

$17,276,988

$10,575,000

1
1

$400,000
$400,000

$70,000
$70,000

$75,000
$75,000

$255,000
$255,000

1
1

$2,050,000
$2,050,000

$380,000
$380,000

$80,000
$80,000

$1,590,000
$1,590,000

$2,784,049

$1,590,000

1
1

$1,400,000
$1,400,000

$460,000
$460,000

$45,000
$45,000

$895,000
$895,000

$2,193,195

$895,000

6
6

$1,920,000
$1,920,000

$865,000
$865,000

$35,000
$35,000

$1,020,000
$1,020,000

$4,397,246 *

$1,020,000

1
1

$2,200,000
$2,200,000

$1,185,000
$1,185,000

$0
$0

$1,015,000
$1,015,000

$6,578,894

$1,015,000

4
4

$27,090,000
$27,090,000

$7,758,686
$7,758,686

$6,506,314
$6,506,314

$12,825,000
$12,825,000

$85,809,141

$12,825,000

Antelope UHSD
General Obligation
Totals for Antelope UHSD

70

$41,200,000
$41,200,000

Gadsden ESD
General Obligation
Totals for Gadsden ESD

50

4
4

Wellton ESD
General Obligation
Totals for Wellton ESD

32

15% DEBT LIMIT
USED

Mohawk Valley ESD
General Obligation
Totals for Mohawk Valley ESD

24

15% DEBT LIMIT

Hyder ESD
General Obligation-Class B
Totals for Hyder ESD

17

CURRENT
OUTSTANDING
PRINCIPAL

Crane ESD
General Obligation
Totals for Crane ESD

16

PAID IN FISCAL
YEAR 2003

Somerton ESD
General Obligation
General Obligation-Class B
Totals for Somerton ESD

13

PAID THROUGH
6/30/02

Yuma ESD
General Obligation
Totals for Yuma ESD

11

ORIGINAL
PRINCIPAL

Yuma UHSD
General Obligation
Totals for Yuma UHSD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2003 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

General Obligation
General Obligation-Class B
Grand Totals:

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

25

$90,995,000

$26,218,686

$8,081,314

$56,695,000

2

$2,375,000

$70,000

$75,000

$2,230,000

27

$93,370,000

$26,288,686

$8,156,314

$58,925,000

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 19
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2003, BY SCHOOL DISTRICT
SCHOOL
DISTRICT
Paradise Valley USD
Tucson USD
Scottsdale USD
Mesa USD
Peoria USD
Deer Valley USD
Tempe UHSD
Phoenix UHSD
Gilbert USD
Chandler USD
Washington ESD
Amphitheater USD
Marana USD
Tempe ESD
Glendale UHSD
Kyrene ESD
Phoenix ESD
Sunnyside USD
Cave Creek USD
Flagstaff USD
Madison ESD
Catalina Foothills USD
Lake Havasu USD
Agua Fria UHSD
Apache Junction USD
Alhambra ESD
Tolleson UHSD
Fountain Hills USD
Osborn ESD
Yuma ESD
Roosevelt ESD
Saddle Mountain USD
Queen Creek USD
Humboldt USD
Glendale ESD
Pendergast ESD
Litchfield ESD
Dysart USD
Wi k b
USD

COUNTY
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Coconino
Maricopa
Pima
Mohave
Maricopa
Pinal
Maricopa
Maricopa
Maricopa
Maricopa
Yuma
Maricopa
Maricopa
Maricopa
Yavapai
Maricopa
Maricopa
Maricopa
Maricopa
M i

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$318,110,000
$9,151
19
$290,770,000
$4,802
52
$265,710,000
$9,878
15
$230,185,000
$3,133
81
$200,419,000
$5,630
40
$198,370,000
$6,621
32
$186,965,000
$14,649
5
$170,935,000
$7,926
24
$144,710,000
$4,370
58
$135,725,000
$5,275
45
$135,685,000
$5,552
41
$113,660,000
$6,748
31
$79,805,000
$6,524
36
$66,645,000
$4,969
50
$64,545,000
$4,680
56
$60,250,000
$3,327
75
$58,375,000
$6,978
29
$55,865,000
$3,611
71
$54,570,000
$11,151
10
$50,940,000
$4,516
57
$49,530,000
$9,527
16
$45,415,000
$9,145
20
$41,190,000
$6,531
34
$40,270,000
$13,164
6
$40,065,000
$7,018
28
$35,360,000
$2,426
93
$34,940,000
$7,102
27
$30,690,000
$12,910
8
$30,115,000
$7,368
25
$27,635,000
$2,692
87
$27,095,000
$2,391
95
$25,000,000
$39,281
1
$24,735,000
$12,448
9
$23,715,000
$4,794
53
$22,915,000
$1,752
108
$22,035,000
$2,271
100
$21,890,000
$4,154
61
$21,000,000
$2,359
96
$20 855 000
$17 570
3

TABLE 19
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2003, BY SCHOOL DISTRICT
SCHOOL
DISTRICT
Yuma UHSD
Show Low USD
Indian Oasis-Baboquivari USD
Page USD
East Valley Institute of Technology
Kingman USD*
Mohave Valley ESD
Crane ESD
Chino Valley USD
Buckeye UHSD
Payson USD
Red Mesa USD
Wilson ESD
Winslow USD
Riverside ESD
Isaac ESD
Bullhead City ESD
Fowler ESD
Tanque Verde USD
Tolleson ESD
Safford USD
Douglas USD
Murphy ESD
Coolidge USD
Santa Cruz Valley UHSD
Colorado River UHSD
Prescott USD
Globe USD
Maricopa USD
Cottonwood-Oak Creek ESD
Thatcher USD
Mammoth-San Manuel USD
Laveen ESD
Camp Verde USD
Bisbee USD
Grand Canyon USD
Continental ESD
Hayden-Winkelman USD
T b Cit USD

COUNTY
Yuma
Navajo
Pima
Coconino
Maricopa
Mohave
Mohave
Yuma
Yavapai
Maricopa
Gila
Apache
Maricopa
Navajo
Maricopa
Maricopa
Mohave
Maricopa
Pima
Maricopa
Graham
Cochise
Maricopa
Pinal
Pinal
Mohave
Yavapai
Gila
Pinal
Yavapai
Graham
Pinal
Maricopa
Yavapai
Cochise
Coconino
Pima
Gila
C
i

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$12,825,000
$1,515
112
$12,325,000
$4,934
51
$12,285,000
$10,251
14
$12,265,000
$4,046
64
$12,055,000
$2,875
85
$11,960,000
$1,688
110
$11,550,000
$6,529
35
$10,575,000
$1,840
105
$10,425,000
$3,982
67
$10,320,000
$7,979
23
$9,550,000
$3,524
72
$9,110,000
$11,123
11
$8,295,000
$5,984
37
$7,830,000
$3,213
78
$7,790,000
$17,354
4
$7,660,000
$892
124
$7,230,000
$1,863
103
$7,130,000
$2,509
91
$7,010,000
$4,720
55
$6,552,000
$3,435
74
$6,360,000
$2,285
99
$6,280,000
$1,526
111
$6,150,000
$2,395
94
$5,435,000
$1,819
107
$5,430,000
$10,626
13
$5,180,000
$2,663
89
$5,055,000
$1,018
123
$5,050,000
$2,296
98
$4,920,000
$4,026
66
$4,650,000
$1,825
106
$4,270,000
$3,620
70
$4,270,000
$3,236
77
$4,120,000
$2,545
90
$4,045,000
$2,980
83
$3,775,000
$4,320
60
$3,770,000
$10,668
12
$3,700,000
$13,135
7
$3,435,000
$6,560
33
$3 205 000
$1 249
118

TABLE 19
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2003, BY SCHOOL DISTRICT
SCHOOL
DISTRICT
Toltec ESD
Ganado USD
Clifton USD
Kayenta USD
Bagdad USD
Colorado City USD
Mohawk Valley ESD
Cartwright ESD
Parker USD
Quartzsite ESD
Beaver Creek ESD
Littleton ESD
Peach Springs USD
St Johns USD
Gadsden ESD
Antelope UHSD
Seligman USD
Valley UHSD
Stanfield ESD
Wellton ESD
Picacho ESD
Morenci USD
Nadaburg ESD
Tombstone USD
Palominas ESD
Topock ESD
Oracle ESD
Littlefield ESD
Pine Strawberry ESD
Salome ESD
Hyder ESD
Palo Verde ESD
San Carlos USD
Nogales USD
Pomerene ESD
Pima USD
Higley USD
Chinle USD

COUNTY
Pinal
Apache
Greenlee
Navajo
Yavapai
Mohave
Yuma
Maricopa
La Paz
La Paz
Yavapai
Maricopa
Mohave
Apache
Yuma
Yuma
Yavapai
Cochise
Pinal
Yuma
Pinal
Greenlee
Maricopa
Cochise
Cochise
Mohave
Pinal
Mohave
Gila
La Paz
Yuma
Maricopa
Gila
Santa Cruz
Cochise
Graham
Maricopa
Apache

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$2,015,000
$1,892
102
$1,785,000
$886
125
$1,780,000
$8,825
22
$1,710,000
$711
129
$1,650,000
$5,278
44
$1,635,000
$4,368
59
$1,590,000
$7,191
26
$1,560,000
$79
139
$1,550,000
$782
127
$1,505,000
$5,015
49
$1,440,000
$4,792
54
$1,350,000
$733
128
$1,065,000
$502
133
$1,050,000
$1,068
122
$1,020,000
$246
136
$1,015,000
$2,998
82
$1,005,000
$5,811
39
$995,000
$5,255
46
$900,000
$1,179
119
$895,000
$2,239
101
$845,000
$4,112
62
$800,000
$830
126
$735,000
$1,329
116
$645,000
$660
131
$600,000
$572
132
$575,000
$3,655
69
$575,000
$1,419
115
$495,000
$1,170
120
$450,000
$2,685
88
$400,000
$3,511
73
$255,000
$1,124
121
$225,000
$700
130
$210,000
$155
138
$180,000
$29
141
$160,000
$1,481
113
$110,000
$167
137
$105,000
$32
140
$100 000
$24
142

SPECIAL DISTRICTS
Special districts are located within counties
and in some cities and towns. They issue
debt which is not the ultimate responsibility
of the county or city or town within which the
special district is situated. The debt is
secured by assessments levied against
property located within the special district.
They are not subject to voter approval and
the resulting projects primarily benefit an
isolated group.
For example, there are Community Facilities
Districts in Scottsdale, which issue debt. If
something were to happen so that the debt
service payments could not be made,
Scottsdale would not necessarily be
compelled to make the payments.
Therefore, these districts stand on their own
and were not included in the county or city
or town debt figures listed in previous
sections.
Detail of the outstanding
indebtedness of Special Districts can be
found in Tables 20 through 34.
Special district debt has been reported in
thirteen of the fifteen counties. Of the nearly

500 known special districts, reports have
been received on the presence or absence
of bonded indebtedness for 427 special
districts.
The total outstanding debt for the 132
special districts reporting debt as of June 30,
2003 was $1,013.4 million. (Do not try to
compare this number with the $973.5 million
reported last year.
Some districts that
reported last year did not report this year
and vice versa.) The remaining 295 special
districts reported that they had no
outstanding bonded indebtedness. Tables
20 through 34 provide more information
about each of the special districts within the
counties.
Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2003.
However, the year-end balances should
reflect any July 1, 2003 payments if the
amount has been deposited into a dedicated
fund for the payment of the principal.

TABLE 20
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Alpine Fire District
Totals for Alpine Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$88,000
$88,000

$49,000
$49,000

$6,000
$6,000

$33,000
$33,000

1
1

$690,000
$690,000

$20,000
$20,000

$15,000
$15,000

$655,000
$655,000

1
1

$575,000
$575,000

$89,000
$89,000

$49,000
$49,000

$437,000
$437,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,167,000
$1,167,000

$542,000
$542,000

$65,000
$65,000

$560,000
$560,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Alpine Sanitary District
Totals for Alpine Sanitary District
Apache County Flood District
Totals for Apache County Flood District
Apache County Jail District
Totals for Apache County Jail District
Apache County Library District
Totals for Apache County Library District
Concho Fire District
Totals for Concho Fire District
Crosby A, Special Dist.
Special Assessment
Totals for Crosby A, Special Dist.
Ganado Fire Dist
General Obligation
Totals for Ganado Fire Dist
Greer Acres Little Colorado Improvement
Special Assessment
Totals for Greer Acres Little Colorado Improvement
Greer Fire District
Totals for Greer Fire District
Little Colorado Sanitary District
Special Assessment
Totals for Little Colorado Sanitary District
Northern Apache County Special Health Care Distric
Totals for Northern Apache County Special Health
Ojo Bonito Water Improvement District
Totals for Ojo Bonito Water Improvement District
Vernon Domestic Water Improvement District
Totals for Vernon Domestic Water Improvement Dis
White Mountain Communities Special Health Care Dis
Totals for White Mountain Communities Special He

TABLE 20
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

General Obligation

1

$690,000

$20,000

$15,000

$655,000

Special Assessment

3

$1,830,000

$680,000

$120,000

$1,030,000

Grand Totals:

4

$2,520,000

$700,000

$135,000

$1,685,000

TABLE 21
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Babocomari Fire District
Totals for Babocomari Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$3,770,000
$3,770,000

$1,110,000
$1,110,000

$245,000
$245,000

$2,415,000
$2,415,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Bowie Fire District
Totals for Bowie Fire District
Bowie Light District
Totals for Bowie Light District
Carmel Light District
Totals for Carmel Light District
Cochise County Highway & Floodplain District
Totals for Cochise County Highway & Floodplai
Cochise County Library District
Totals for Cochise County Library District
Elfrida Fire District
Totals for Elfrida Fire District
Golden Acres Light District
Totals for Golden Acres Light District
Naco Fire District
Totals for Naco Fire District
Naco Lighting District
Totals for Naco Lighting District
Naco Sanitary District
Totals for Naco Sanitary District
Northern Cochise Hospital Dist
General Obligation
Totals for Northern Cochise Hospital Dist
Palominas Fire District
Totals for Palominas Fire District
PBW Fire District
Totals for PBW Fire District
Pirtleville Fire District
Totals for Pirtleville Fire District

TABLE 21
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Pirtleville Light District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

1

$3,770,000

$1,110,000

$245,000

$2,415,000

Grand Totals:

1

$3,770,000

$1,110,000

$245,000

$2,415,000

Totals for Pirtleville Light District
Pomerene Domestic Water Improvement District
Totals for Pomerene Domestic Water Improvem
Pomerene Fire District
Totals for Pomerene Fire District
San Jose Fire District
Totals for San Jose Fire District
Sierra Vista/Fry Fire District
Totals for Sierra Vista/Fry Fire District
St. David Fire District
Totals for St. David Fire District
St. David Flood Control District
Totals for St. David Flood Control District
St. David Irrigation District
Totals for St. David Irrigation District
Sunnyside Fire District
Totals for Sunnyside Fire District
Sunsites Light District
Totals for Sunsites Light District
Sunsites-Pearce Fire District
Totals for Sunsites-Pearce Fire District
Whetstone Fire District
Totals for Whetstone Fire District

TABLE 22
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Blue Ridge Fire District
Totals for Blue Ridge Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$231,214
$231,214

$0
$0

$0
$0

$231,214
$231,214

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$24,760,000
$24,760,000

$3,465,000
$3,465,000

$1,650,000
$1,650,000

$19,645,000
$19,645,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

9
9

$193,480,000
$193,480,000

$0
$0

$0
$0

$193,480,000
$193,480,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,130,000
$1,130,000

$705,000
$705,000

$210,000
$210,000

$215,000
$215,000

Buckboard Trail
Special Assessment
Totals for Buckboard Trail
Coconino County Flood Control District
Totals for Coconino County Flood Control Distri
Coconino County Jail District
Revenue
Totals for Coconino County Jail District
Coconino County Library District
Totals for Coconino County Library District
Coconino County Pollution Control
Revenue
Totals for Coconino County Pollution Control
Forest Lakes Domestic Water Improvement District
Totals for Forest Lakes Domestic Water Improve
Forest Lakes Fire District
Totals for Forest Lakes Fire District
Fort Valley Fire District
Totals for Fort Valley Fire District
Greenehaven Fire District
Totals for Greenehaven Fire District
Highlands Fire District
Totals for Highlands Fire District
Junipine Fire District
Totals for Junipine Fire District
Kachina Trail
Totals for Kachina Trail
Kachina Village Improvement District
Totals for Kachina Village Improvement District
Kachina Village Paving District
Special Assessment
Totals for Kachina Village Paving District

TABLE 22
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Kaibab Estates West Fire District
Totals for Kaibab Estates West Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$63,800
$63,800

$4,800
$4,800

$11,400
$11,400

$47,600
$47,600

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$6,180,000
$6,180,000

$1,221,020
$1,221,020

$948,980
$948,980

$4,010,000
$4,010,000

1
1

$39,500
$39,500

$3,000
$3,000

$15,428
$15,428

$21,072
$21,072

1
1

$185,000
$185,000

$65,000
$65,000

$40,000
$40,000

$80,000
$80,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$4,500,000
$4,500,000

$1,143,692
$1,143,692

$212,426
$212,426

$3,143,882
$3,143,882

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Linda Lane Road
Special Assessment
Totals for Linda Lane Road
Mormon Lake Fire District
Totals for Mormon Lake Fire District
Mount Elden Lookout Road Fire District
Totals for Mount Elden Lookout Road Fire Distri
Page Hospital District
Totals for Page Hospital District
Parks-Bellmont Fire District
Totals for Parks-Bellmont Fire District
Pine Del Fire District
Totals for Pine Del Fire District
Pinewood Fire District
Totals for Pinewood Fire District
Pinewood Sanitary Dist
Special Assessment
Totals for Pinewood Sanitary Dist
Rodeo Drive Improvement District
Special Assessment
Totals for Rodeo Drive Improvement District
Rudd Tank
Special Assessment
Totals for Rudd Tank
Sherwood Forest Estates Fire District
Totals for Sherwood Forest Estates Fire District
South Grand Canyon Sanitary District
Revenue
Totals for South Grand Canyon Sanitary District
Summit Fire District
Totals for Summit Fire District
Tusayan Fire District
Totals for Tusayan Fire District

TABLE 22
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Westwood Estates Fire District
Totals for Westwood Estates Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

12

$222,740,000

$4,608,692

$1,862,426

$216,268,882

7

$7,829,514

$1,998,820

$1,225,808

$4,604,886

19

$230,569,514

$6,607,512

$3,088,234

$220,873,768

Williams Facilities District
Totals for Williams Facilities District
Woods Fire District
Totals for Woods Fire District
Revenue
Special Assessment
Grand Totals:

TABLE 23
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Valley Fire District
Totals for Beaver Valley Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$200,000
$200,000

$0
$0

$0
$0

$200,000
$200,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$1,500,000

$0

$1,500,000

$0

1
2

$756,000
$2,256,000

$566,000
$566,000

$110,000
$1,610,000

$80,000
$80,000

1
1

$746,000
$746,000

$566,000
$566,000

$120,000
$120,000

$60,000
$60,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$183,300
$183,300

$129,847
$129,847

$7,515
$7,515

$45,938
$45,938

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Canyon Fire District
Totals for Canyon Fire District
Canyon Improvement District
Revenue
Totals for Canyon Improvement District
Christopher-Kohls Fire District
Totals for Christopher-Kohls Fire District
Diamond Star Fire District
Totals for Diamond Star Fire District
Gila County Library District
Totals for Gila County Library District
Gisela Valley Fire District
Totals for Gisela Valley Fire District
Mesa Del Sanitary District
Totals for Mesa Del Sanitary District
Northern Gila County Sanitary District
Certificate of Participation
Special Assessment
Totals for Northern Gila County Sanitary District
Payson North Sanitary Dist
Special Assessment
Totals for Payson North Sanitary Dist
Pinal Sanitary District
Totals for Pinal Sanitary District
Pine Strawberry Fire District
Totals for Pine Strawberry Fire District
Pleasant Valley Fire District
Totals for Pleasant Valley Fire District
Rim Trail #1 Water Dist
Special Assessment
Totals for Rim Trail #1 Water Dist
Rim Trail #2
Totals for Rim Trail #2

TABLE 23
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Round Valley Oxbow Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Certificate of Participation

1

$1,500,000

$0

$1,500,000

$0

Revenue

1

$200,000

$0

$0

$200,000

Special Assessment

3

$1,685,300

$1,261,847

$237,515

$185,938

Grand Totals:

5

$3,385,300

$1,261,847

$1,737,515

$385,938

Totals for Round Valley Oxbow Fire District
Tonto Basin Fire District
Totals for Tonto Basin Fire District
Tri-City Fire District
Totals for Tri-City Fire District
Whispering Pines Fire District
Totals for Whispering Pines Fire District

TABLE 24
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN GRAHAM COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Fort Thomas Fire District
Totals for Fort Thomas Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Graham County Flood Control District
Totals for Graham County Flood Control District
Mt. Graham Hospital District
Totals for Mt. Graham Hospital District

TABLE 25
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN GREENLEE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Duncan Valley Rural Fire District
Totals for Duncan Valley Rural Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Franklin Irrigation District
Totals for Franklin Irrigation District

TABLE 26
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN LA PAZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Buckskin Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$3,067,710
$3,067,710

$201,929
$201,929

$274,744
$274,744

$2,591,037
$2,591,037

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$4,330,000
$4,330,000

$1,320,000
$1,320,000

$1,680,000
$1,680,000

$1,330,000
$1,330,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$167,000
$167,000

$122,000
$122,000

$10,000
$10,000

$35,000
$35,000

Certificate of Participation

2

$4,330,000

$1,320,000

$1,680,000

$1,330,000

Special Assessment

3

$3,234,710

$323,929

$284,744

$2,626,037

Grand Totals:

5

$7,564,710

$1,643,929

$1,964,744

$3,956,037

Totals for Buckskin Fire District
Buckskin Sanitary District
Special Assessment
Totals for Buckskin Sanitary District
Ehrenberg Fire District
Totals for Ehrenberg Fire District
La Paz County Hospital District
Totals for La Paz County Hospital District
La Paz County Jail District
Certificate of Participation
Totals for La Paz County Jail District
McMullen Valley Water Conservation & Drainage Dist
Totals for McMullen Valley Water Conservation
Parker Volunteer Fire District
Totals for Parker Volunteer Fire District
Quartzsite Fire District
Totals for Quartzsite Fire District
Salome Fire District
Totals for Salome Fire District
Wenden Water Dist
Special Assessment
Totals for Wenden Water Dist

TABLE 27
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

#K100 Marquerite Drive
Special Assessment
Totals for #K100 Marquerite Drive

1
1

$60,670
$60,670

$9,279
$9,279

$0
$0

$51,391
$51,391

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$274,888
$274,888

$235,435
$235,435

$2,706
$2,706

$36,747
$36,747

1
1

$301,960
$301,960

$205,923
$205,923

$10,537
$10,537

$85,500
$85,500

1
1

$59,379
$59,379

$51,847
$51,847

$689
$689

$6,843
$6,843

#K66 98th Street
Totals for #K66 98th Street
#K69 Pecos McQueen
Totals for #K69 Pecos McQueen
#K74 99th Street
Totals for #K74 99th Street
#K75 98th Way
Totals for #K75 98th Way
#K76 Vine
Totals for #K76 Vine
#K77 Inland
Totals for #K77 Inland
#K79 97th Place
Totals for #K79 97th Place
#K80 Del Witt
Totals for #K80 Del Witt
#K81 5th Avenue
Totals for #K81 5th Avenue
#K83 Boulder
Totals for #K83 Boulder
#K89 158th Street
Totals for #K89 158th Street
#K90 Grandview Manor
Special Assessment
Totals for #K90 Grandview Manor
#K91 Queen Creek Water
Special Assessment
Totals for #K91 Queen Creek Water
#K92 Fairview Lane
Special Assessment
Totals for #K92 Fairview Lane

TABLE 27
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

#K93 East Fairview
Special Assessment
Totals for #K93 East Fairview

1
1

$60,657
$60,657

$43,562
$43,562

$1,696
$1,696

$15,399
$15,399

1
1

$185,810
$185,810

$138,920
$138,920

$3,591
$3,591

$43,299
$43,299

1
1

$83,236
$83,236

$56,664
$56,664

$4,162
$4,162

$22,410
$22,410

1
1

$301,905
$301,905

$187,645
$187,645

$10,715
$10,715

$103,545
$103,545

1
1

$14,004
$14,004

$10,213
$10,213

$352
$352

$3,439
$3,439

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$4,371,000
$4,371,000

$420,488
$420,488

$493,803
$493,803

$3,456,709
$3,456,709

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$369,787
$369,787

$304,862
$304,862

$14,114
$14,114

$50,811
$50,811

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$3,112,494
$3,112,494

$1,357,572
$1,357,572

$113,612
$113,612

$1,641,310
$1,641,310

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

#K94 White Fence
Special Assessment
Totals for #K94 White Fence
#K95p 104th Place/University
Special Assessment
Totals for #K95p 104th Place/University
#K96 Central Avenue
Special Assessment
Totals for #K96 Central Avenue
#K98 Billings Street
Special Assessment
Totals for #K98 Billings Street
Adaman Irrigation Water Delivery District
Totals for Adaman Irrigation Water Delivery Dist
Aguila Fire District
Totals for Aguila Fire District
Arizona Utilities Community Facilities District
Revenue
Totals for Arizona Utilities Community Facilities
AZ 9-5 Housing
Totals for AZ 9-5 Housing
AZ 9-6 Housing
General Obligation
Totals for AZ 9-6 Housing
AZ 9-7 Housing
Totals for AZ 9-7 Housing
AZ 9-9 Housing
General Obligation
Totals for AZ 9-9 Housing
Berridge Manor IWDD #38
Totals for Berridge Manor IWDD #38
Buckeye Valley Fire District
Totals for Buckeye Valley Fire District
Buckeye Water Conservation & Drainage District
Totals for Buckeye Water Conservation & Drain

TABLE 27
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Circle City/Morristown Fire District
Totals for Circle City/Morristown Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$15,250,000

$0

$0

$15,250,000

1
3

$4,750,000
$20,000,000

$0
$0

$0
$0

$4,750,000
$20,000,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Citrus Gardens Irrigation Water Delivery District
Totals for Citrus Gardens Irrigation Water Delive
Cottonflower Community Facilities District
Totals for Cottonflower Community Facilities Di
Cuatro Palmas Irrigation Water Delivery District
Totals for Cuatro Palmas Irrigation Water Delive
Daisy Mountain Fire District
Totals for Daisy Mountain Fire District
DC Ranch Community Facilities District
General Obligation
Special Assessment
Totals for DC Ranch Community Facilities Distri
East Morningside Irrigation Water Delivery Dist
Totals for East Morningside Irrigation Water Deli
Electrical District #7
Totals for Electrical District #7
Electrical District #8
Totals for Electrical District #8
Estrella Mountain Ranch Community Facilities Distr
General Obligation
Special Assessment
Totals for Estrella Mountain Ranch Community

1

$200,000

$11,200

$3,100

$185,700

2
3

$13,038,000
$13,238,000

$123,000
$134,200

$133,000
$136,100

$7,832,000
$8,017,700

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$5,785,000
$5,785,000

$1,865,000
$1,865,000

$1,300,000
$1,300,000

$2,620,000
$2,620,000

4
2
6

$8,605,000
$9,620,000
$18,225,000

$70,000
$3,829,000
$3,899,000

$75,000
$675,000
$750,000

$8,460,000
$5,116,000
$13,576,000

3
3

$15,520,000
$15,520,000

$0
$0

$230,000
$230,000

$15,290,000
$15,290,000

Fountain Hills Road District
Totals for Fountain Hills Road District
Fountain Hills Sanitary Dist.
Special Assessment
Totals for Fountain Hills Sanitary Dist.
Goodyear Community Facilities General
General Obligation
Special Assessment
Totals for Goodyear Community Facilities Gener
Goodyear Community Facilities Utility
General Obligation
Totals for Goodyear Community Facilities Utility

TABLE 27
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Groves of Hermosa Vista IWDD
Totals for Groves of Hermosa Vista IWDD

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

7
7

$63,595,000
$63,595,000

$17,625,000
$17,625,000

$195,000
$195,000

$45,775,000
$45,775,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$58,225,000
$58,225,000

$0
$0

$1,000,000
$1,000,000

$57,225,000
$57,225,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$20,245,000
$20,245,000

$1,745,000
$1,745,000

$530,000
$530,000

$17,970,000
$17,970,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$4,435,000
$4,435,000

$0
$0

$200,000
$200,000

$4,235,000
$4,235,000

1
1

$5,015,000
$5,015,000

$1,415,000
$1,415,000

$285,000
$285,000

$3,315,000
$3,315,000

1
1

$5,610,000
$5,610,000

$1,435,000
$1,435,000

$335,000
$335,000

$3,840,000
$3,840,000

Hoffman Terrace IWDD #3
Totals for Hoffman Terrace IWDD #3
Hospital District No. One
General Obligation
Totals for Hospital District No. One
Lamar Irrigation Water Delivery District
Totals for Lamar Irrigation Water Delivery Distric
Laveen Fire District
Totals for Laveen Fire District
Madison Park Irrigation Water Delivery District
Totals for Madison Park Irrigation Water Deliver
Maricopa County Municipal Water Conservation Distr
Totals for Maricopa County Municipal Water Co
Maricopa County Stadium District
Revenue
Totals for Maricopa County Stadium District
Maricopa County Street Lighting Improvement Distri
Totals for Maricopa County Street Lighting Impr
McDowell Homes IWDD #7
Totals for McDowell Homes IWDD #7
McDowell Mountain Ranch Community Facilities Distr
Special Assessment
Totals for McDowell Mountain Ranch Communit
McMicken Irrigation District
Totals for McMicken Irrigation District
Miller Road Improvement District
Special Assessment
Totals for Miller Road Improvement District
Peoria Improvement District #8801
Special Assessment
Totals for Peoria Improvement District #8801
Peoria Improvement District #8802
Special Assessment
Totals for Peoria Improvement District #8802

TABLE 27
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Peoria Improvement District #9002
Special Assessment
Totals for Peoria Improvement District #9002

1
1

$2,575,000
$2,575,000

$2,055,000
$2,055,000

$95,000
$95,000

$425,000
$425,000

1
1

$570,000
$570,000

$495,000
$495,000

$75,000
$75,000

$0
$0

1
1

$832,000
$832,000

$688,000
$688,000

$0
$0

$144,000
$144,000

1
1

$2,270,000
$2,270,000

$33,308
$33,308

$194,642
$194,642

$2,042,050
$2,042,050

1
1

$2,285,000
$2,285,000

$480,000
$480,000

$140,000
$140,000

$1,665,000
$1,665,000

1
1

$2,125,000
$2,125,000

$815,000
$815,000

$485,000
$485,000

$825,000
$825,000

1
1

$3,800,000
$3,800,000

$825,000
$825,000

$235,000
$235,000

$2,740,000
$2,740,000

1
1

$493,000
$493,000

$0
$0

$44,710
$44,710

$448,290
$448,290

1
1

$37,100,000
$37,100,000

$0
$0

$0
$0

$37,100,000
$37,100,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Peoria Improvement District #9102
Special Assessment
Totals for Peoria Improvement District #9102
Peoria Improvement District #9202
Special Assessment
Totals for Peoria Improvement District #9202
Peoria Improvement District #9303
Special Assessment
Totals for Peoria Improvement District #9303
Peoria Improvement District #9601
Special Assessment
Totals for Peoria Improvement District #9601
Peoria Improvement District #9602
Special Assessment
Totals for Peoria Improvement District #9602
Peoria Improvement District #9603
Special Assessment
Totals for Peoria Improvement District #9603
Peoria Improvement District #9801
Special Assessment
Totals for Peoria Improvement District #9801
Pollution Control Corp of Maricopa County
Revenue
Totals for Pollution Control Corp of Maricopa C
Queen Creek Irrigation Water Delivery District #32
Totals for Queen Creek Irrigation Water Delivery
Rancho Grande & Landerwood Irrigation Water Delive
Totals for Rancho Grande & Landerwood Irrigati
Rancho Jardines Irrigation Water Delivery District
Totals for Rancho Jardines Irrigation Water Deli
Roosevelt Irrigation District
Totals for Roosevelt Irrigation District
Roosevelt Water Conservation District
Totals for Roosevelt Water Conservation Distric
San Tan Irrigitation District
Totals for San Tan Irrigitation District

TABLE 27
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Scottsdale Mountain Comm Fac Dist
General Obligation
Special Assessment
Totals for Scottsdale Mountain Comm Fac Dist

1

$5,375,000

$0

$215,000

$5,160,000

3
4

$5,450,000
$10,825,000

$420,000
$420,000

$5,030,000
$5,245,000

$0
$5,160,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$27,900,000

$27,770,000

$0

$130,000

2
3

$132,530,000
$160,430,000

$14,305,000
$42,075,000

$3,515,000
$3,515,000

$114,710,000
$114,840,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$18,475,000
$18,475,000

$0
$0

$0
$0

$18,475,000
$18,475,000

1
1

$7,705,000
$7,705,000

$1,340,000
$1,340,000

$335,000
$335,000

$6,030,000
$6,030,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$24,000,000
$24,000,000

$0
$0

$0
$0

$24,000,000
$24,000,000

Sun City Fire District
Totals for Sun City Fire District
Sun City West Fire District
Totals for Sun City West Fire District
Sun Health Corporation
capital improvements
Revenue
Totals for Sun Health Corporation
Sun Lakes Fire District
Totals for Sun Lakes Fire District
Sunburst Farms Irrigation District
Totals for Sunburst Farms Irrigation District
Sundance Community Facilities District
Special Assessment
Totals for Sundance Community Facilities Distri
Tatum Ranch Comm Fac Dist
Special Assessment
Totals for Tatum Ranch Comm Fac Dist
Thoroughbred Farms IWDD #43
Totals for Thoroughbred Farms IWDD #43
Tonopah Fire District
Totals for Tonopah Fire District
Tonopah Irrigation District
Totals for Tonopah Irrigation District
Tres Palmas Irrigation Water Delivery District
Totals for Tres Palmas Irrigation Water Delivery
Turney Tract Irrigation Water Delivery District
Totals for Turney Tract Irrigation Water Delivery
Verrado Community Facilities District
General Obligation
Totals for Verrado Community Facilities District

TABLE 27
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Via Linda Road Community Facilities District
Special Assessment
Totals for Via Linda Road Community Facilities

1
1

$3,225,000
$3,225,000

$0
$0

$0
$0

$3,225,000
$3,225,000

4
4

$6,600,000
$6,600,000

$0
$0

$0
$0

$6,600,000
$6,600,000

1
1

$21,250,000
$21,250,000

$0
$0

$0
$0

$21,250,000
$21,250,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$1,470,000

$25,000

$35,000

$1,410,000

1
3

$650,000
$2,120,000

$30,000
$55,000

$15,000
$50,000

$605,000
$2,015,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$27,900,000

$27,770,000

$0

$130,000

27

$144,097,281

$19,393,634

$880,826

$123,822,821

Village at Litchfield Park CFD
General Obligation
Totals for Village at Litchfield Park CFD
Vistancia Community Facilities District
Special Assessment
Totals for Vistancia Community Facilities Distric
Wickenburg Rural Fire District
Totals for Wickenburg Rural Fire District
Wildflower Ranch Community Facilities District
General Obligation
Revenue
Totals for Wildflower Ranch Community Facilitie
Wittman Volunteer Fire District
Totals for Wittman Volunteer Fire District
Woodlea Irrigation Water Delivery District
Totals for Woodlea Irrigation Water Delivery Dist
Woolsey Flood Protection District
Totals for Woolsey Flood Protection District
capital improvements
General Obligation
Revenue

6

$232,876,000

$14,755,488

$5,023,803

$213,096,709

Special Assessment

35

$140,895,509

$18,502,796

$10,126,800

$107,315,913

Grand Totals:

69

$545,768,790

$80,421,918

$16,031,429

$444,365,443

TABLE 28
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Dam/Littlefield Fire District
Totals for Beaver Dam/Littlefield Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$132,000
$132,000

$87,000
$87,000

$45,000
$45,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

4
4

$4,306,000
$4,306,000

$2,557,000
$2,557,000

$999,000
$999,000

$750,000
$750,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Bullhead City Fire District
Totals for Bullhead City Fire District
Bullhead City Pest Abatement District
Totals for Bullhead City Pest Abatement District
Butler Road Improvement I & II
Totals for Butler Road Improvement I & II
Cerbat Ranch
Special Assessment
Totals for Cerbat Ranch
Chloride Fire District
Totals for Chloride Fire District
Crystal Beach Water Conservation District
Totals for Crystal Beach Water Conservation Di
Desert Hills Fire District
Totals for Desert Hills Fire District
Fort Mojave Mesa Fire District
Totals for Fort Mojave Mesa Fire District
Golden Shores Fire District
Totals for Golden Shores Fire District
Golden Shores Water Conservation District
Totals for Golden Shores Water Conservation Di
Golden Valley Fire District
Totals for Golden Valley Fire District
Golden Valley Improvement District
Special Assessment
Totals for Golden Valley Improvement District
Grapevine Mesa Fire District
Totals for Grapevine Mesa Fire District
Havasu Heights Domestic Water Improvement District
Totals for Havasu Heights Domestic Water Impr

TABLE 28
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Holiday Lighting District
Totals for Holiday Lighting District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$647,000
$647,000

$127,000
$127,000

$65,000
$65,000

$455,000
$455,000

1
1

$11,820,000
$11,820,000

$0
$0

$695,000
$695,000

$11,125,000
$11,125,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$891,000
$891,000

$0
$0

$41,000
$41,000

$850,000
$850,000

2
2

$6,920,000
$6,920,000

$6,550,000
$6,550,000

$135,000
$135,000

$235,000
$235,000

2

$9,155,000

$6,090,000

$3,065,000

$0

1
3

$160,000
$9,315,000

$135,000
$6,225,000

$25,000
$3,090,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$331,164
$331,164

$240,164
$240,164

$0
$0

$91,000
$91,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Horizon Six
Special Assessment
Totals for Horizon Six
Hospital District #1 of Mohave County
General Obligation
Totals for Hospital District #1 of Mohave County
Hualapai Valley Fire District
Totals for Hualapai Valley Fire District
Lake Havasu City Improvement District
Special Assessment
Totals for Lake Havasu City Improvement Distri
Lake Havasu Irrigation & Drainage District
Special Assessment
Totals for Lake Havasu Irrigation & Drainage Dis
Lake Havasu Sanitary District
Certificate of
Participation
Special Assessment
Totals for Lake Havasu Sanitary District
Lake Mohave Ranchos Fire District
Totals for Lake Mohave Ranchos Fire District
Mohave County Flood Control District
Totals for Mohave County Flood Control District
Mohave County Improvement District #126
Special Assessment
Totals for Mohave County Improvement District
Mohave County Library District
Totals for Mohave County Library District
Mohave County TV District
Totals for Mohave County TV District
Mohave Valley Fire District
Totals for Mohave Valley Fire District
Mohave Valley Irrigation & Drainage District
Totals for Mohave Valley Irrigation & Drainage D

TABLE 28
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Mohave Water Conservation District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Special Assessment

1
1

$226,000
$226,000

$111,000
$111,000

$25,000
$25,000

$90,000
$90,000

Special Assessment

1
1

$680,000
$680,000

$540,000
$540,000

$140,000
$140,000

$0
$0

Special Assessment
Totals for Scenic Improvement District

1
1

$4,500,000
$4,500,000

$0
$0

$0
$0

$4,500,000
$4,500,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Certificate of Participation

2

$9,155,000

$6,090,000

$3,065,000

$0

General Obligation

1

$11,820,000

$0

$695,000

$11,125,000

Special Assessment

14

$18,793,164

$10,347,164

$1,475,000

$6,971,000

Grand Totals:

17

$39,768,164

$16,437,164

$5,235,000

$18,096,000

Totals for Mohave Water Conservation District
Pine Lake Fire District
Totals for Pine Lake Fire District
Pinion Pine Fire District
Totals for Pinion Pine Fire District
Rainbow Acres
Totals for Rainbow Acres
Rancho Verde
Totals for Rancho Verde
Scenic Improvement District

So-Hi Water Improvement District
Totals for So-Hi Water Improvement District
Valle Vista Fire District
Totals for Valle Vista Fire District

TABLE 29
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Dam Circle
Special Assessment
Totals for Beaver Dam Circle

1
1

$12,104
$12,104

$0
$0

$605
$605

$11,499
$11,499

1
1

$185,583
$185,583

$114,098
$114,098

$14,126
$14,126

$57,359
$57,359

1
1

$133,718
$133,718

$53,897
$53,897

$12,281
$12,281

$67,540
$67,540

1
1

$204,220
$204,220

$62,064
$62,064

$27,713
$27,713

$114,443
$114,443

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$220,938
$220,938

$22,035
$22,035

$28,907
$28,907

$169,996
$169,996

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$219,000
$219,000

$129,000
$129,000

$15,000
$15,000

$75,000
$75,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$97,283
$97,283

$30,635
$30,635

$8,886
$8,886

$57,762
$57,762

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Blue Lake Circle
Special Assessment
Totals for Blue Lake Circle
Buck Springs Road Imprvmnt Dist
Special Assessment
Totals for Buck Springs Road Imprvmnt Dist
Chaparral Drive Improvement District
Special Assessment
Totals for Chaparral Drive Improvement District
Clay Springs-Pinedale Fire District
Totals for Clay Springs-Pinedale Fire District
Drifting Snow Loop
Special Assessment
Totals for Drifting Snow Loop
Forest Trails II
Totals for Forest Trails II
Forest Trails III
Special Assessment
Totals for Forest Trails III
Heber Domestic Water Improvement District
Totals for Heber Domestic Water Improvement
Heber-Overgaard Fire District
Totals for Heber-Overgaard Fire District
Hiawatha Trail Improvement District
Special Assessment
Totals for Hiawatha Trail Improvement District
High Country Pines
Totals for High Country Pines
Homestead Road
Totals for Homestead Road
Joseph City Sanitary District
Totals for Joseph City Sanitary District
Lakeside Fire District
Totals for Lakeside Fire District

TABLE 29
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Linden Fire District
Special Assessment
Totals for Linden Fire District

1
1

$188,216
$188,216

$10,804
$10,804

$0
$0

$177,412
$177,412

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$88,600
$88,600

$44,723
$44,723

$5,000
$5,000

$38,877
$38,877

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$80,402
$80,402

$36,181
$36,181

$8,040
$8,040

$36,181
$36,181

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$375,056
$375,056

$229,894
$229,894

$30,775
$30,775

$114,387
$114,387

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$13,015,000
$13,015,000

$7,175,000
$7,175,000

$425,000
$425,000

$5,415,000
$5,415,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$82,628
$82,628

$22,918
$22,918

$7,961
$7,961

$51,749
$51,749

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

8
8

$2,990,338
$2,990,338

$1,047,879
$1,047,879

$340,659
$340,659

$1,601,800
$1,601,800

Little Colorado Flood Control District
Totals for Little Colorado Flood Control District
Misty Mountain
Special Assessment
Totals for Misty Mountain
Mogollon Air Park
Totals for Mogollon Air Park
Moon Creek Circle
Special Assessment
Totals for Moon Creek Circle
Mountain Homes Unit II
Totals for Mountain Homes Unit II
Mule Deer Way
Special Assessment
Totals for Mule Deer Way
Navajo County Flood Control District
Totals for Navajo County Flood Control District
Navajo County Library District
Totals for Navajo County Library District
Navapache Hospital District
General Obligation
Totals for Navapache Hospital District
Palomino Drive
Totals for Palomino Drive
Pine Meadows Country Club Improvement Distric
Special Assessment
Totals for Pine Meadows Country Club Improve
Pinedale Domestic Water Improvement District
Totals for Pinedale Domestic Water Improvemen
Pinetop Fire District
Totals for Pinetop Fire District
Pinetop-Lakeside Sanitary District
Special Assessment
Totals for Pinetop-Lakeside Sanitary District

TABLE 29
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Porter Creek Domestic Water Improvement Distric
Totals for Porter Creek Domestic Water Improve

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$186,007
$186,007

$20,448
$20,448

$2,050
$2,050

$163,509
$163,509

1
1

$19,159
$19,159

$15,159
$15,159

$4,000
$4,000

$0
$0

1
1

$5,630,000
$5,630,000

$435,000
$435,000

$640,000
$640,000

$4,555,000
$4,555,000

1
1

$4,945,000
$4,945,000

$0
$0

$190,000
$190,000

$4,755,000
$4,755,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$150,000
$150,000

$125,000
$125,000

$10,000
$10,000

$15,000
$15,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$458,723
$458,723

$213,813
$213,813

$45,277
$45,277

$199,633
$199,633

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$2,135,450
$2,135,450

$669,450
$669,450

$52,000
$52,000

$1,414,000
$1,414,000

Porter Mountain Domestic Water Improvement Di
Special Assessment
Totals for Porter Mountain Domestic Water Impr
Shoreline Drive CRID
Special Assessment
Totals for Shoreline Drive CRID
Show Low Improvement District #5
Special Assessment
Totals for Show Low Improvement District #5
Show Low Improvement District #6
Special Assessment
Totals for Show Low Improvement District #6
Silver Creek County Road
Totals for Silver Creek County Road
Silver Creek Flood Control District
Totals for Silver Creek Flood Control District
Sky High Domestic Water Improvement District
Totals for Sky High Domestic Water Improveme
Soaring Eagle CRID
Special Assessment
Totals for Soaring Eagle CRID
Sun Valley Fire District
Totals for Sun Valley Fire District
Sweeping Vista
Totals for Sweeping Vista
Timberlake Pines CRID
Special Assessment
Totals for Timberlake Pines CRID
Timberland Acres Special Road District
Totals for Timberland Acres Special Road Distri
White Mountain Lake Fire District
Totals for White Mountain Lake Fire District
White Mountain Summer Home
Special Assessment
Totals for White Mountain Summer Home

TABLE 29
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Wild Cat Way
Special Assessment

1
1

$130,118
$130,118

$0
$0

$9,311
$9,311

$120,807
$120,807

Special Assessment
Totals for Wild Horse Rd #1

1
1

$116,376
$116,376

$74,658
$74,658

$7,585
$7,585

$34,133
$34,133

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$13,015,000

$7,175,000

$425,000

$5,415,000

Special Assessment

29

$18,648,919

$3,357,656

$1,460,176

$13,831,087

Grand Totals:

31

$31,663,919

$10,532,656

$1,885,176

$19,246,087

Totals for Wild Cat Way
Wild Horse Rd #1

Woodruff Irrigation District
Totals for Woodruff Irrigation District
General Obligation

TABLE 30
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Ajo-Lukeville Health Services District
Totals for Ajo-Lukeville Health Services District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$503,000
$503,000

$0
$0

$378,000
$378,000

$125,000
$125,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$2,775,000
$2,775,000

$2,090,000
$2,090,000

$203,000
$203,000

$482,000
$482,000

2
2

$11,905,000
$11,905,000

$0
$0

$0
$0

$11,905,000
$11,905,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$9,305,000
$9,305,000

$0
$0

$0
$0

$9,305,000
$9,305,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Avra Valley Fire District
Totals for Avra Valley Fire District
Cimarron Hills Improvement District
Special Assessment
Totals for Cimarron Hills Improvement District
Corona de Tucson Fire District
Totals for Corona de Tucson Fire District
Cortaro Marana Irrigation District
Totals for Cortaro Marana Irrigation District
Country Club Estates #2
Special Assessment
Totals for Country Club Estates #2
Dove Mountain Resort Community Facilities District
Special Assessment
Totals for Dove Mountain Resort Community Fa
Drexel Heights Fire District
Totals for Drexel Heights Fire District
Flowing Wells Irrigation District
Totals for Flowing Wells Irrigation District
Golder Ranch Fire District
Totals for Golder Ranch Fire District
Green Valley Domestic Water Improvement District
Revenue
Totals for Green Valley Domestic Water Improve
Green Valley Fire District
Totals for Green Valley Fire District
Heritage Hills Fire District
Totals for Heritage Hills Fire District
La Canada Fire District
Totals for La Canada Fire District
Marana Water Improvement District
Totals for Marana Water Improvement District

TABLE 30
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Metropolitan Domestic Water Improvement Dist
Revenue
Totals for Metropolitan Domestic Water Improve

2
2

$52,840,000
$52,840,000

$2,785,000
$2,785,000

$1,335,000
$1,335,000

$48,720,000
$48,720,000

1
1

$1,822,000
$1,822,000

$0
$0

$182,000
$182,000

$1,640,000
$1,640,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$17,005,000
$17,005,000

$11,675,000
$11,675,000

$745,000
$745,000

$4,585,000
$4,585,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$16,785,000
$16,785,000

$8,369,375
$8,369,375

$1,195,625
$1,195,625

$7,220,000
$7,220,000

1
1

$6,730,000
$6,730,000

$3,508,000
$3,508,000

$877,000
$877,000

$2,345,000
$2,345,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$33,575,000
$33,575,000

$2,845,000
$2,845,000

$3,275,000
$3,275,000

$27,455,000
$27,455,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

No. La Cholla Blvd Improvement District
Special Assessment
Totals for No. La Cholla Blvd Improvement Distr
North 1st Avenue Sewer
Totals for North 1st Avenue Sewer
Northwest Fire District
Totals for Northwest Fire District
Picture Rocks Fire District
Totals for Picture Rocks Fire District
Pima County Flood Control Dist
General Obligation
Totals for Pima County Flood Control Dist
Pima County Library District
Totals for Pima County Library District
Pima County Mobile Home Relocation District
Totals for Pima County Mobile Home Relocation
Pima County Stadium
Totals for Pima County Stadium
Redhawk Canyon Community Facilities District
Special Assessment
Totals for Redhawk Canyon Community Facilitie
Redhawk Canyon Community Facilities District #2
Special Assessment
Totals for Redhawk Canyon Community Facilitie
Rincon Valley Fire District
Totals for Rincon Valley Fire District
Rio Nuevo Multipurpose Facilities District
Certificate of Participation
Totals for Rio Nuevo Multipurpose Facilities Dis
Sabino Vista Fire District
Totals for Sabino Vista Fire District
Silverbell Irrigation & Drainage District
Totals for Silverbell Irrigation & Drainage Distric

TABLE 30
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Three Points Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

6
6

$152,725,000
$152,725,000

$19,380,000
$19,380,000

$39,995,000
$39,995,000

$93,350,000
$93,350,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Certificate of Participation

1

$33,575,000

$2,845,000

$3,275,000

$27,455,000

General Obligation

2

$17,005,000

$11,675,000

$745,000

$4,585,000

Revenue

9

$214,870,000

$22,165,000

$41,330,000

$151,375,000

Special Assessment

8

$40,520,000

$13,967,375

$2,835,625

$23,717,000

20

$305,970,000

$50,652,375

$48,185,625

$207,132,000

Totals for Three Points Fire District
Tucson Airport Authority
Revenue
Totals for Tucson Airport Authority
Why Fire District
Totals for Why Fire District

Grand Totals:

TABLE 31
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Apache Junction Fire District
Certificate of Participation
Totals for Apache Junction Fire District

1
1

$1,710,000
$1,710,000

$255,000
$255,000

$150,000
$150,000

$1,305,000
$1,305,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$17,500,000
$17,500,000

$3,315,000
$3,315,000

$635,000
$635,000

$13,550,000
$13,550,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$2,581,083
$2,581,083

$0
$0

$0
$0

$2,581,083
$2,581,083

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Apache Villa III, IV & Clearview Lighting District
Totals for Apache Villa III, IV & Clearview Lightin
Apache Villa IIIA Lighting District
Totals for Apache Villa IIIA Lighting District
Apache Villa Lighting District
Totals for Apache Villa Lighting District
Apache Villa V Lighting District
Totals for Apache Villa V Lighting District
Arizona City Improvement District
Totals for Arizona City Improvement District
Arizona City Sanitary District
Totals for Arizona City Sanitary District
Central Arizona Irrigation District
Special Assessment
Totals for Central Arizona Irrigation District
Cottonwood Gardens Lighting District
Totals for Cottonwood Gardens Lighting District
Desert Vista Lighting District
Totals for Desert Vista Lighting District
Desert Vista Sanitary District
Totals for Desert Vista Sanitary District
Dudleyville Fire District
Totals for Dudleyville Fire District
Electric District #3
Revenue
Totals for Electric District #3
Electrical District #2
Totals for Electrical District #2
Eloy Fire District
Totals for Eloy Fire District
Florence Flood Control District
Totals for Florence Flood Control District

TABLE 31
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Grand Buttes Fire District
Totals for Grand Buttes Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$403,750
$403,750

$9,750
$9,750

$28,000
$28,000

$366,000
$366,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$16,188,000
$16,188,000

$4,971,845
$4,971,845

$2,422,155
$2,422,155

$8,794,000
$8,794,000

1
1

$7,780,000
$7,780,000

$0
$0

$2,375,000
$2,375,000

$5,405,000
$5,405,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,733,371
$1,733,371

$1,221,118
$1,221,118

$512,253
$512,253

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Hohokam Irrigation & Drainage District
Totals for Hohokam Irrigation & Drainage Distric
Ironwood Manor Lighting District
Totals for Ironwood Manor Lighting District
Magma Flood Control District
Totals for Magma Flood Control District
Mammoth Fire District
Totals for Mammoth Fire District
Maricopa Domestic Water Improvement District
Special Assessment
Totals for Maricopa Domestic Water Improveme
Maricopa Road Improvement District
Totals for Maricopa Road Improvement District
Maricopa Stanfield Irrigation & Drainage
Special Assessment
Totals for Maricopa Stanfield Irrigation & Draina
Maricopa/Rural Road Improvement District
Special Assessment
Totals for Maricopa/Rural Road Improvement Di
Midway Flood Control District
Totals for Midway Flood Control District
New Magma Irrigation Dist
Special Assessment
Totals for New Magma Irrigation Dist
Oracle Fire District
Totals for Oracle Fire District
Oracle Sanitary District
Totals for Oracle Sanitary District
Papago Butte Domestic Water Improvement District
Totals for Papago Butte Domestic Water Improv
Papago Butte Irrigation Water Delivery System
Totals for Papago Butte Irrigation Water Deliver
Pinal County Flood Control District
Totals for Pinal County Flood Control District

TABLE 31
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Pinal County Library District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$397,629
$397,629

$101,641
$101,641

$295,988
$295,988

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$165,000
$165,000

$125,000
$125,000

$10,000
$10,000

$30,000
$30,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$26,812,088
$26,812,088

$0
$0

$0
$0

$26,812,088
$26,812,088

1
1

$1,456,000
$1,456,000

$1,244,246
$1,244,246

$50,831
$50,831

$160,923
$160,923

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Certificate of Participation

1

$1,710,000

$255,000

$150,000

$1,305,000

Revenue

3

$29,790,800

$101,641

$295,988

$29,393,171

Special Assessment

8

$45,226,121

$10,886,959

$6,033,239

$28,305,923

12

$76,726,921

$11,243,600

$6,479,227

$59,004,094

Totals for Pinal County Library District
Queen Creek Domestic Water Improvement District
Revenue
Totals for Queen Creek Domestic Water Improve
Queen Valley Domestic Water Improvement District
Totals for Queen Valley Domestic Water Improv
Queen Valley Fire District
Totals for Queen Valley Fire District
Queen Valley Sanitary Dist
Special Assessment
Totals for Queen Valley Sanitary Dist
San Carlos Irrigation District
Totals for San Carlos Irrigation District
Stanfield Flood Control District
Totals for Stanfield Flood Control District
Superstition Lighting District
Totals for Superstition Lighting District
Superstition Mountains Community Facilities Distri
Revenue
Totals for Superstition Mountains Community F
Thunderbird Farms Improvement District
Special Assessment
Totals for Thunderbird Farms Improvement Dist
Thunderbird Irrigation District #2
Totals for Thunderbird Irrigation District #2
Thunderbird Irrigation District #3
Totals for Thunderbird Irrigation District #3
Villa Grande Improvement District
Totals for Villa Grande Improvement District
Villa Grande Lighting District
Totals for Villa Grande Lighting District

Grand Totals:

TABLE 32
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN SANTA CRUZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Nogales Suburban Fire District
1
1

$291,000
$291,000

$215,000
$215,000

$35,000
$35,000

$41,000
$41,000

1
1

$299,000
$299,000

$179,000
$179,000

$120,000
$120,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Special Assessment

2

$590,000

$394,000

$155,000

$41,000

Grand Totals:

2

$590,000

$394,000

$155,000

$41,000

Special Assessment
Totals for Nogales Suburban Fire District
Rio Rico Fire Dist
Special Assessment
Totals for Rio Rico Fire Dist
Santa Cruz County Flood Control District
Totals for Santa Cruz County Flood Control Dist
Tubac Fire District
Totals for Tubac Fire District

TABLE 33
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Ash Fork Fire District
Totals for Ash Fork Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$144,900
$144,900

$47,900
$47,900

$6,000
$6,000

$91,000
$91,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$435,119
$435,119

$140,000
$140,000

$103,119
$103,119

$192,000
$192,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,552,000
$1,552,000

$0
$0

$72,000
$72,000

$1,480,000
$1,480,000

1
1

$60,700
$60,700

$34,700
$34,700

$4,000
$4,000

$22,000
$22,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$162,300
$162,300

$99,300
$99,300

$10,000
$10,000

$53,000
$53,000

Ash Fork Street Lighting District
Totals for Ash Fork Street Lighting District
Big Park #1979
Totals for Big Park #1979
Black Canyon Fire District
Totals for Black Canyon Fire District
Camp Verde Fire District
Totals for Camp Verde Fire District
Camp Verde Sanitary Dist
Special Assessment
Totals for Camp Verde Sanitary Dist
Central Yavapai Fire District
Totals for Central Yavapai Fire District
Central Yavapai Hospital District
Totals for Central Yavapai Hospital District
Chino Valley Fire District
Totals for Chino Valley Fire District
Chino Valley Irrigation District
Totals for Chino Valley Irrigation District
Congress Domestic Water Improvement District
Special Assessment
Totals for Congress Domestic Water Improveme
Congress Fire District
Totals for Congress Fire District
Coyote Springs Road Improvement District
Special Assessment
Totals for Coyote Springs Road Improvement Di
Crown King Fire District
Special Assessment
Totals for Crown King Fire District
Diamond Valley Road Improvement District
Totals for Diamond Valley Road Improvement Di
Granite Gardens Sanitary District
Special Assessment
Totals for Granite Gardens Sanitary District

TABLE 33
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Groom Creek Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$7,315,000
$7,315,000

$1,205,000
$1,205,000

$175,000
$175,000

$5,935,000
$5,935,000

1
1

$1,240,000
$1,240,000

$70,000
$70,000

$215,000
$215,000

$955,000
$955,000

Special Assessment

1
1

$340,000
$340,000

$230,000
$230,000

$25,000
$25,000

$85,000
$85,000

Special Assessment
Totals for Iron Springs Sanitary Dist

1
1

$850,000
$850,000

$690,000
$690,000

$160,000
$160,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$120,000
$120,000

$70,000
$70,000

$10,000
$10,000

$40,000
$40,000

1
1

$195,000
$195,000

$65,000
$65,000

$15,000
$15,000

$115,000
$115,000

1
1

$317,180
$317,180

$25,430
$25,430

$26,656
$26,656

$265,094
$265,094

1
1

$24,335,000
$24,335,000

$2,475,000
$2,475,000

$900,000
$900,000

$20,960,000
$20,960,000

1
1

$3,000,000
$3,000,000

$0
$0

$0
$0

$3,000,000
$3,000,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Groom Creek Fire District
Hassayampa Community Facilities District
Special Assessment
Totals for Hassayampa Community Facilities Di
Hassayampa Community Facilities District #2
Special Assessment
Totals for Hassayampa Community Facilities Di
Highland Pines
Totals for Highland Pines
Iron Springs Sanitary Dist

Mayer Domestic Water Improvement District
Totals for Mayer Domestic Water Improvement
Montezuma Rimrock Fire District
Totals for Montezuma Rimrock Fire District
Peeples Valley Fire District
Totals for Peeples Valley Fire District
Pine Valley Road Improvement District
Special Assessment
Totals for Pine Valley Road Improvement Distric
Ponderosa Park Domestic Water
Special Assessment
Totals for Ponderosa Park Domestic Water
Prescott East Sanitary District
Special Assessment
Totals for Prescott East Sanitary District
Prescott Valley Water Dist
Revenue
Totals for Prescott Valley Water Dist
Pronghorn Ranch Community Facilities District
General Obligation
Totals for Pronghorn Ranch Community Faciliti
Sedona Fire District
Totals for Sedona Fire District
Seligman Sanitary District
Totals for Seligman Sanitary District
Seligman Street Lighting District
Totals for Seligman Street Lighting District

TABLE 33
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Stone Ridge Community Facilities District
1
1

$14,800,000
$14,800,000

$0
$0

$0
$0

$14,800,000
$14,800,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$15,260,000
$15,260,000

$0
$0

$1,315,000
$1,315,000

$13,945,000
$13,945,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

2

$17,800,000

$0

$0

$17,800,000

Revenue

2

$39,595,000

$2,475,000

$2,215,000

$34,905,000

Special Assessment

12

$12,732,199

$2,677,330

$821,775

$9,233,094

Grand Totals:

16

$70,127,199

$5,152,330

$3,036,775

$61,938,094

General Obligation
Totals for Stone Ridge Community Facilities Dis
Sunup Ranch Road Improvement District
Totals for Sunup Ranch Road Improvement Dist
Verde Valley Fire District
Totals for Verde Valley Fire District
Yarnell Fire District
Totals for Yarnell Fire District
Yarnell Street Lighting District
Totals for Yarnell Street Lighting District
Yavapai County Flood Control District
Totals for Yavapai County Flood Control District
Yavapai County Jail District
Revenue
Totals for Yavapai County Jail District
Yavapai County Library District
Totals for Yavapai County Library District

TABLE 34
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Del Sur Estates Imprvmnt Dist
Special Assessment
Totals for Del Sur Estates Imprvmnt Dist

1
1

$191,182
$191,182

$95,182
$95,182

$12,900
$12,900

$83,100
$83,100

1
1

$667,000
$667,000

$167,800
$167,800

$134,000
$134,000

$365,200
$365,200

2
2

$398,285
$398,285

$0
$0

$15,668
$15,668

$382,617
$382,617

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$19,400,000
$19,400,000

$0
$0

$6,065,000
$6,065,000

$13,335,000
$13,335,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Donovan Estates Improvement District
Special Assessment
Totals for Donovan Estates Improvement Distric
El Prado Estates Improvement District
Special Assessment
Totals for El Prado Estates Improvement District
Gila Valley Anti-Noxious Weed District
Totals for Gila Valley Anti-Noxious Weed Distric
Hillander "C" Irrigatio District
Totals for Hillander "C" Irrigatio District
Hyder Valley Irrigation Water Delivery District
Totals for Hyder Valley Irrigation Water Delivery
North Gila Irrigation District
Totals for North Gila Irrigation District
Wellton-Mohawk Anti-Noxious Weed District
Totals for Wellton-Mohawk Anti-Noxious Weed
Wellton-Mohawk Irrigation & Drainage District
Totals for Wellton-Mohawk Irrigation & Drainage
Yuma County Citrus Pest Control District
Totals for Yuma County Citrus Pest Control Dist
Yuma County Hospital District #1
Totals for Yuma County Hospital District #1
Yuma County Improvement District
Totals for Yuma County Improvement District
Yuma County Jail District
Special Assessment
Totals for Yuma County Jail District
Yuma County Pest Abatement District
Totals for Yuma County Pest Abatement District
Yuma Irrigation District
Totals for Yuma Irrigation District
Yuma-Mesa Irrigation & Drainage District
Totals for Yuma-Mesa Irrigation & Drainage Dist

TABLE 34
SPECIAL DISTRICT FY 2003 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Special Assessment

5

$20,656,467

$262,982

$6,227,568

$14,165,917

Grand Totals:

5

$20,656,467

$262,982

$6,227,568

$14,165,917

STATE AGENCIES AND UNIVERSITIES
State agencies and universities are
summarized in this section. State agencies
use revenue bonds due to restrictions on
general obligation debt in Arizona. These
revenue bonds are backed primarily by the
revenues generated by the project being
funded. The universities use revenue bonds
and certificates of participation for funding
purposes.
The
Greater
Arizona
Development Authority does issue general
obligation bonds, supported by payments
made by the local jurisdictions. Detail on the
outstanding indebtedness of State Agencies
can be found in Table 35 in the Appendix.
The total outstanding debt for these
agencies at the end of FY 2002/03 was $4.2
billion after $643.4 million in principal was
retired or refunded during the fiscal year.
However, it should be noted that debt

reported by the Water Infrastructure Finance
Authority
and
the Greater
Arizona
Development Authority is also reported by
the receiving jurisdictions in their respective
sections. Therefore, to avoid doublecounting this indebtedness (by counting it
here and in the section for the receiving
jurisdiction), the total indebtedness of these
two agencies has been removed from the
total noted at the beginning of this
paragraph. (This explains why the total
shown here and on Table 35 are different.)
Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2003.
However, the year-end balances should
reflect any July 1, 2003 payments if the
payment amount has been deposited into a
dedicated fund for the payment of principal.

TABLE 35
STATE AGENCY AND UNIVERSITY FY 2003 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

$12,641,803
$12,641,803

$7,949,139
$7,949,139

$1,377,521
$1,377,521

$3,315,143
$3,315,143

AHCCCS
Certificate of Participation
Totals for AHCCCS

1
1

Arizona State University
Certificate of Participation
Revenue
Totals for Arizona State University

4

$62,190,000

$15,510,000

$4,030,000

$42,650,000

12
16

$475,916,000
$538,106,000

$94,588,000
$110,098,000

$11,460,000
$15,490,000

$369,868,000
$412,518,000

4
4

$226,295,000
$226,295,000

$18,210,000
$18,210,000

$1,620,000
$1,620,000

$206,465,000
$206,465,000

23
23

$3,100,880,000
$3,100,880,000

$998,890,000
$998,890,000

$511,745,000
$511,745,000

$1,590,245,000
$1,590,245,000

Department of Administration
Certificate of Participation
Totals for Department of Administration
Department of Transportation
Revenue
Totals for Department of Transportation
Greater AZ Development Authority
1

$3,100,000

$0

$0

$3,100,000

9
10

$42,590,000
$45,690,000

$2,960,000
$2,960,000

$1,405,000
$1,405,000

$38,225,000
$41,325,000

7
7

$149,320,000
$149,320,000

$38,235,000
$38,235,000

$9,125,000
$9,125,000

$101,960,000
$101,960,000

1
5
6

$372,730,000
$820,000,000
$1,192,730,000

$0
$43,035,000
$43,035,000

$0
$25,010,000
$25,010,000

$372,730,000
$751,955,000
$1,124,685,000

11

$295,277,436

$3,740,000

$15,715,000

$276,077,436

7
18

$325,530,000
$620,807,436

$57,440,000
$61,180,000

$58,220,000
$73,935,000

$225,610,000
$501,687,436

7
7

$302,565,000
$302,565,000

$60,710,000
$60,710,000

$3,735,000
$3,735,000

$238,120,000
$238,120,000

21

$969,134,239

$45,409,139

$22,742,521

$901,237,579

1

$3,100,000

$0

$0

$3,100,000

Revenue

70

$5,216,801,000

$1,295,858,000

$620,700,000

$3,315,983,000

Grand Totals:

92

$6,189,035,239

$1,341,267,139

$643,442,521

$4,220,320,579

General Obligation
Revenue
Totals for Greater AZ Development Authority
Northern Arizona University
Revenue
Totals for Northern Arizona University
School Facilities Board
Certificate of Participation
Revenue
Totals for School Facilities Board
University of Arizona
Certificate of Participation
Revenue
Totals for University of Arizona
Water Infrastructure Finance Authority
Revenue
Totals for Water Infrastructure Finance Authority
Certificate of Participation
General Obligation

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

OTHER JURISDICTIONS
Political subdivisions that do not belong to a
particular jurisdiction are included in this
section.
Special districts, such as the
Central Arizona Water Conservation District,
which have boundaries that cross county
lines are also included here. Details on the
outstanding
indebtedness
of
Other
Jurisdictions can be found in Table 36.
Total
outstanding
debt
for
these
organizations at the end of FY 2002/03 was
$3.8 billion after $1.1 billion in principal was

retired or refunded during the fiscal year.
The largest debt-holder shown here is Salt
River Project.
Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2003.
However, the year-end balances should
reflect any July 1, 2003 payments if the
payment amount has been deposited into a
dedicated fund for the payment of principal.

TABLE 36
OTHER JURISDICTIONS' FY 2003 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Arizona Health Facilities Authority
37
37

$1,462,057,000
$1,462,057,000

$363,617,000
$363,617,000

$126,686,000
$126,686,000

$646,754,000
$646,754,000

1
1

$9,355,000
$9,355,000

$0
$0

$0
$0

$9,355,000
$9,355,000

1
1

$81,410,000
$81,410,000

$12,465,000
$12,465,000

$1,450,000
$1,450,000

$67,495,000
$67,495,000

1
1

$602,000
$602,000

$65,000
$65,000

$48,000
$48,000

$489,000
$489,000

2
2

$254,350,000
$254,350,000

$0
$0

$0
$0

$254,350,000
$254,350,000

6
6

$445,862,536
$445,862,536

$193,895,000
$193,895,000

$120,210,000
$120,210,000

$139,062,536
$139,062,536

19
19

$5,706,080,400
$5,706,080,400

$2,221,141,700
$2,221,141,700

$842,420,500
$842,420,500

$2,642,518,200
$2,642,518,200

1
1

$20,875,000
$20,875,000

$0
$0

$0
$0

$20,875,000
$20,875,000

2
2

$34,650,000
$34,650,000

$0
$0

$0
$0

$34,650,000
$34,650,000

Revenue

70

$8,015,241,936

$2,791,183,700

$1,090,814,500

$3,815,548,736

Grand Totals:

70

$8,015,241,936

$2,791,183,700

$1,090,814,500

$3,815,548,736

Revenue
Totals for Arizona Health Facilities Authority
Arizona Housing Finance Authority
Revenue
Totals for Arizona Housing Finance Authority
Arizona Power Authority
Revenue
Totals for Arizona Power Authority
Arizona Strip Landfill Governmental
Revenue
Totals for Arizona Strip Landfill Governmental
Arizona Tourism and Sports Authority
Revenue
Totals for Arizona Tourism and Sports Authority
Central Az Water Conservation Dist
Revenue
Totals for Central Az Water Conservation Dist
Salt River Project
Revenue
Totals for Salt River Project
Southern Arizona Capital Facilities
Revenue
Totals for Southern Arizona Capital Facilities
Stone Container Corp
Revenue
Totals for Stone Container Corp

SECTION TWO
FY 2002/03 NEW ISSUES

FY 2002/03 NEW ISSUES6
Throughout FY 2002/03 $6.385 billion in
new debt was reported by Arizona political
subdivisions. Of the $6.385 billion in new
debt, $1.921 billion was directly attributed to
refunding old debt.
The following table lists new debt by county
as well as the portion recognized as
refunding.
COUNTY

NEW DEBT

REFUNDING

Apache

$9,371,045

$0

Cochise

$25,155,854

$15,500,000

Coconino

$28,271,974

$9,375,000

$5,300,000

$0

Graham

$0

$0

Greenlee

$0

$0

Gila

La Paz

$4,800,000

$4,200,000

$3,092,426,276

$1,462,143,979

Mohave

$53,741,149

$27,255,000

Navajo

$10,942,809

$1,890,000

Other

$571,579,798

$0

Pima

$671,693,428

$183,195,000

Pinal

$96,534,000

$26,770,000

Santa Cruz

$12,150,000

$12,150,000

$1,609,637,000

$123,845,000

$62,145,691

$5,175,000

Yuma

$131,414,556

$49,370,000

Total

$6,385,163,579

$1,920,868,979

Maricopa

State
Yavapai

COUNTIES
During the FY 2002/03, three counties
reported four new bond issues totaling $97.4
million. Of this amount, $50.0 million is
attributable to a General Obligation bond,
$35.0 million is in the form of a Revenue
bond and $12.4 is for Certificates of
Participation.
New county debt for FY 2002/03 can be
found in Table 37.

6Copies

CITIES AND TOWNS
City and town debt comes in a variety of
forms including general obligation, revenue,
special
assessment,
certificates
of
participation, lease purchase, and municipal
property corporation bonds. In general,
cities and towns obtain debt to improve
roads, highways, waste water systems and
other municipal facilities.
During FY 2002/03, thirty cities and towns
incurred $1,637.4 million in new debt. The
following is a breakdown of this total:
➟
$8.6 million in certificates
participation, reported by 2 cities;

of

➟
$414.8 million in general obligation
debt, reported by 10 cities and towns;
➟
$71.1 million in the form of lease
purchases, reported by 7 cities and towns;
➟
$382.9 million in debt issued
through municipal property corporations,
reported by 6 cities and towns;
➟
$760.0 million in revenue bonds,
reported by 22 cities and towns; and
Projects for new debt issued by cities in
towns during FY 2002/03 include: $355.8
million for wastewater and sewer projects,
$59.1 million for streets/highways, $285.1
million for municipal improvement projects,
$169.0 for various lease, and $613.9 million
for refunding, and $155.2 million for the
construction of a sports arena in Glendale.
Detail of the new debt issues reported by
cities and towns for this fiscal year can be
found in Table 38.

COMMUNITY COLLEGES
Authorized
as
separate
municipal
jurisdictions from the counties, community
colleges have the authority to levy property
taxes, and, therefore, can issue general

of the Report of Bond and Security Issuance forms as provided by the jurisdictions can
be obtained upon request.

obligation bonds. Of the ten community
college districts statewide, only four reported
new debt during FY 2002/03.
These
community colleges reported $14.5 million in
revenue bonds and $68.7 million in general
obligation debt.

During FY 2002/03, twenty-four special
districts incurred $300.9 million in new debt.
The following is a breakdown of this total:

Detail on new issues by Community
Colleges can be found in Table 39.

➟
$35.5 million in special assessment
bonds, issued by 14 special districts;

SCHOOL DISTRICTS

➟
$2.2 million in lease purchase debt,
issued by 2 special districts.

As discussed in section one, school districts
incur, primarily, general obligation debt,
subject to the limitations established by the
constitution. During FY 2002/03, 45 of
Arizona school districts reported new
general obligation debt in the amount of
$825.3 million (of this amount $649.5 million
of this amount was for refunding). An
additional $9.0 million was reported by nine
school districts in the form of long term lease
purchase agreements and $9.1 million was
reported by one school district in the form of
a revenue bond.
Eleven of the fifteen Arizona counties had
school districts that issued new debt.
Maricopa county schools accounted for
approximately 79% of all new general
obligation debt by issuing $652.3 million. Of
this amount, $488.5 million is to be used in a
refunding capacity. The remaining $163.7
million is for improvement projects of various
types.
Arizona school districts that reported debt
for FY 2002/03 had, as of the date of their
report, outstanding debt in the amount of
$4.0 billion. New debt and new lease
purchases, then, account for 20.5% of total
outstanding debt for school districts.
Detail of all new debt issued by school
districts in FY 2002/03 can be found in Table
40.

SPECIAL DISTRICTS
Special districts are created within a county
and organized to complete a specified
project. Debt issued by these jurisdictions is
not the ultimate responsibility of the county.
Special district debt can take the form of
general obligation, revenue, and special
assessment bonds:

➟
$205.8 million in revenue bonds,
issued by 5 special districts;

➟
$57.4 million in general obligation
bonds, issued by 36 special districts.
Detail of all new debt issued by special
districts for FY 2002/03 can be found in
Table 41.

INDUSTRIAL DEVELOPMENT
AUTHORITIES
As discussed earlier, Industrial Development
Authorities (IDAs) do not have the authority
to levy taxes, and, therefore, can issue only
revenue bonds. During FY 2002/03, Arizona
IDAs reported new debt in the amount of
$1,241.2 million. Of this amount, 65%, or
$805.2 million, was issued by IDAs located
in Maricopa County. Also, Pima IDA and
Tucson IDA issued two joint issues totaling
$150.0 million. In all, six county IDAs and
eight city IDAs issued debt in FY 2002/03.
IDAs are organized for specific projects that
usually involve housing or rental properties.
Almost 50% of new debt, or $617.7 million,
was reported as being used on single and
multi-family housing projects. In addition,
IDAs can be created to fund utility projects,
hospitals, water/sewer projects, university
and charter school projects.
Detail of new debt issued by IDAs in FY
2002/03 can be found in Table 42.

STATE AGENCIES, UNIVERSITIES
AND OTHERS
Entities listed in this section issue, almost
exclusively, revenue bonds.
However,
during FY 2002/03, several lease purchase
agreements and certificates of participation
were issued as well:

➟
$1,691.2 million in revenue bonds,
issued by 10 agencies, universities and
others;

➟
$1.6 million in a lease purchase
agreement, issued by the Williams Gateway
Airport Authority.

➟
$488.5 million in certificates of
participation bonds, issued by three
agencies and one university; and

Detail of new debt issued by state agencies,
universities and other jurisdictions for FY
2002/03 can be found in Table 43.

TABLE 37
COUNTY NEW ISSUES IN FY 2003
Name

Bond Type

# of Issues

Cochise

Certificate of Participation

1

$9,500,000

La Paz
Pima

Certificate of Participation
General Obligation

1
1

$2,870,000
$50,000,000

Pima

Revenue

1

$35,000,000

Grand Total:

Amount

$97,370,000

TABLE 38
CITY NEW ISSUES IN FY 2003
Name

Bond Type

# of Issues

Amount

Avondale
Avondale

General Obligation
Municipal Property Corp

2
1

$10,110,000
$23,000,000

Avondale

Revenue

1

$13,120,000

Cave Creek
Chandler

Certificates of Participation
General Obligation

1
2

$990,000
$37,640,000

Chandler

Revenue

4

$43,370,000

Chino Valley
Clarkdale

Revenue
Revenue

1
1

$750,000
$400,000

Coolidge

Revenue

1

$3,795,000

Flagstaff
Florence

Revenue
Lease Purchase

2
1

$16,150,760
$219,000

Florence

Revenue

2

$13,000,000

Glendale
Glendale

General Obligation
Lease Purchase

1
4

$66,400,000
$41,134,309

Glendale
Goodyear

Municipal Property Corp
Certificates of Participation

5
2

$282,795,000
$7,595,000

Goodyear

General Obligation

3

$15,660,000

Guadalupe
Lake Havasu City

Revenue
General Obligation

1
2

$3,445,000
$14,272,500

Lake Havasu City

Revenue

1

$8,507,500

Mesa
Mesa

General Obligation
Lease Purchase

2
2

$62,670,000
$24,519,000

Mesa

Revenue

4

$158,110,000

Nogales
Paradise Valley

Revenue
Lease Purchase

1
2

$3,345,000
$2,669,892

Parker

Municipal Property Corp

1

$600,000

Payson
Payson

Lease Purchase
Revenue

1
1

$860,000
$440,000

Peoria
Peoria

General Obligation
Revenue

1
1

$27,570,000
$14,500,000

Phoenix

General Obligation

1

$83,320,000

Phoenix
Prescott

Revenue
Lease Purchase

3
1

$234,960,000
$240,000

Prescott Valley

Municipal Property Corp

1

$17,895,000

Prescott Valley
Scottsdale

Revenue
Municipal Property Corp

1
1

$10,545,000
$30,570,000

Snowflake

Revenue

1

$4,240,000

South Tucson MPC
St. Johns

Revenue
Revenue

1
2

$6,860,000
$261,045

Tempe
Tempe

General Obligation
Revenue

1
2

$44,820,000
$54,775,000

TABLE 38
CITY NEW ISSUES IN FY 2003
Name

Bond Type

# of Issues

Tucson
Tucson

General Obligation
Revenue

2
6

$52,305,000
$104,780,000

Willcox

Revenue

1

$670,000

Williams
Yuma

Lease Purchase
Municipal Property Corp

1
1

$1,500,000
$27,990,000

Yuma

Revenue

1

$64,000,000

Grand Total:

Amount

$1,637,369,006

TABLE 39
COMMUNITY COLLEGE NEW ISSUES IN FY 2003
Name

Bond Type

# of Issues

Arizona Western

General Obligation

1

$9,845,000

Maricopa CC
Maricopa CC

General Obligation
Revenue

1
1

$48,605,000
$14,480,000

Pima CC

General Obligation

1

$5,100,000

Yavapai College

General Obligation

1

$5,175,000

Grand Total:

Amount

$83,205,000

TABLE 40
SCHOOL DISTRICT NEW ISSUES IN FY 2003
Dist. #

Name

County

27

Red Mesa USD

Apache

Revenue

1

$9,110,000

9
27

Benson USD
Douglas USD

Cochise
Cochise

Lease Purchase
General Obligation

1
1

$29,663
$6,280,000

27

Douglas USD

Cochise

Lease Purchase

2

$126,191

68
15

Sierra Vista USD
Tuba City USD

Cochise
Coconino

General Obligation
General Obligation

1
1

$5,880,000
$2,565,000

1
1

Globe USD
Phoenix ESD

Gila
Maricopa

General Obligation
General Obligation

1
1

$3,600,000
$16,740,000

3

Tempe ESD

Maricopa

General Obligation

1

$4,375,000

4
6

Mesa USD
Washington ESD

Maricopa
Maricopa

Lease Purchase
General Obligation

2
1

$260,788
$23,270,000

6

Washington ESD

Maricopa

General Obligation-Class B

1

$3,920,000

9
11

Wickenburg USD
Peoria USD

Maricopa
Maricopa

General Obligation
General Obligation

2
2

$9,400,000
$116,500,000

17

Tolleson ESD

Maricopa

General Obligation

2

$5,010,000

28
31

Kyrene ESD
Balsz ESD

Maricopa
Maricopa

General Obligation
General Obligation

1
1

$2,110,000
$9,000,000

40

Glendale ESD

Maricopa

General Obligation

1

$7,070,000

45
48

Fowler ESD
Scottsdale USD

Maricopa
Maricopa

General Obligation
General Obligation

1
2

$1,900,000
$133,675,000

68
69

Alhambra ESD
Paradise Valley USD

Maricopa
Maricopa

General Obligation
General Obligation

1
2

$6,200,000
$35,380,000

69

Paradise Valley USD

Maricopa

General Obligation-Class B

1

$19,800,000

80
89

Chandler USD
Dysart USD

Maricopa
Maricopa

General Obligation
General Obligation-Class B

2
1

$39,610,000
$16,000,000

90

Saddle Mountain USD

Maricopa

General Obligation-Class B

1

$25,000,000

92
95

Pendergast ESD
Queen Creek USD

Maricopa
Maricopa

General Obligation-Class B
General Obligation

1
1

$3,700,000
$8,925,000

95

Queen Creek USD

Maricopa

General Obligation-Class B

1

$8,720,000

97
97

Deer Valley USD
Deer Valley USD

Maricopa
Maricopa

General Obligation
General Obligation-Class B

1
1

$18,150,000
$30,000,000

97
98

Deer Valley USD
Fountain Hills USD

Maricopa
Maricopa

Lease Purchase
General Obligation

3
1

$1,362,881
$8,110,000

201

Buckeye UHSD

Maricopa

General Obligation

1

$9,075,000

205
213

Glendale USD
Tempe UHSD

Maricopa
Maricopa

General Obligation
General Obligation

1
2

$12,830,000
$49,905,000

214

Tolleson UHSD

Maricopa

General Obligation

1

$6,465,000

216
216

Agua Fria UHSD
Agua Fria UHSD

Maricopa
Maricopa

General Obligation
General Obligation-Class B

1
1

$9,410,000
$12,000,000

216

Agua Fria UHSD

Maricopa

Lease Purchase

1

$302,031

Lake Havasu USD

Mohave

General Obligation

1

$10,880,000

1

Bond Type

# of Issues

Amount

TABLE 40
SCHOOL DISTRICT NEW ISSUES IN FY 2003
Dist. #

Name

County

Lake Havasu USD

Mohave

Lease Purchase

1

$45,630

2
16

Colorado River UHSD
Mohave Valley ESD

Mohave
Mohave

General Obligation
General Obligation

1
1

$5,255,000
$8,965,000

20

Kingman USD

Mohave

General Obligation

1

$2,155,000

1
10

Winslow USD
Show Low USD

Navajo
Navajo

General Obligation
General Obligation

1
1

$3,965,000
$1,890,000

10
1

Show Low USD
Tucson USD

Navajo
Pima

Lease Purchase
Lease Purchase

1
6

$847,809
$5,035,429

10

Amphitheater USD

Pima

General Obligation

1

$64,980,000

12
20

Sunnyside USD
Vail USD

Pima
Pima

General Obligation
General Obligation

1
1

$7,625,000
$6,600,000

1

8

Bond Type

# of Issues

Amount

Mammoth-San Manuel

Pinal

General Obligation

1

$4,270,000

21
21

Coolidge USD
Coolidge USD

Pinal
Pinal

General Obligation
Lease Purchase

1
1

$5,435,000
$1,000,000

43

Apache Junction USD

Pinal

General Obligation

1

$9,465,000

102
35

Casa Grande UHSD
Santa Cruz Valley USD

Pinal
Santa Cruz

General Obligation
General Obligation

1
2

$7,600,000
$8,805,000

11

Somerton ESD

Yuma

General Obligation-Class B

1

$1,975,000

70

Yuma UHSD

Yuma

General Obligation

1

$4,895,000

Grand Total:

$843,455,422

TABLE 41
SPECIAL DISTRICT NEW ISSUES IN FY 2003
Name

County

Bond Type

# of Issues

Buckboard Trail County Improvement District

Coconino

Special Assessment

1

$231,214

Tusayan Fire District
Canyon Improvement Dist

Coconino
Gila

Lease Purchase
Revenue

1
2

$825,000
$400,000

La Paz County Jail District

La Paz

Lease Purchase

1

$1,330,000

DC Ranch Community Facilities Dist
Estrella Mountain Ranch Community Fac Dist

Maricopa
Maricopa

General Obligation
Special Assessment

1
1

$12,165,000
$4,950,000

Peoria Municipal Development Authority
Pollution Control Corp of Maricopa

Maricopa
Maricopa

Revenue
Revenue

1
3

$25,015,000
$163,100,000

Sundance Community Facilities District

Maricopa

Special Assessment

2

$18,475,000

Town of Gilbert Improvement District
Verrado Dist #1 Community Facilities Dist

Maricopa
Maricopa

Special Assessment
General Obligation

1
1

$6,510,000
$24,000,000

Vistancia Community Facilities District

Maricopa

General Obligation

1

$21,250,000

East Golden Gate Improvement Dist
Bilby/Del Moral/Country Club Rd Paving Dist

Mohave
Pima

Special Assessment
Special Assessment

1
1

$3,580,000
$245,049

Flowing Wells Road Sidewalk District

Pima

Special Assessment

1

$32,257

Ft. Lowell Paving Dist/ Mayfair Terrace Dist
Green Valley Domestic Water Improvement District

Pima
Pima

Special Assessment
Revenue

1
1

$493,566
$9,305,000

Kolb Rd, Speedway, Silver Croft Lighting Dist

Pima

Special Assessment

1

$156,046

Pantano, Golf Links to Escalante Rd Dist
Pince Rd I-10 to 1st Ave Lighting Dist

Pima
Pima

Special Assessment
Special Assessment

1
1

$135,457
$322,225

South 12th Ave/ Valencia to Drexel Impvmt Dist
St. Mary's Lighting Dist/Silverlake Paving Dist

Pima
Pima

Special Assessment
Special Assessment

1
1

$71,899
$200,500

Electrical District #3

Pinal

Revenue

1

$8,000,000

Prescott Mobile Home Estates Impvmt Dist # P-164

Yavapai

Special Assessment

1

$95,390

Grand Total:

Amount

$300,888,603

TABLE 42
INDUSTRIAL DEVELOPMENT AUTHORITY NEW ISSUES FY 2003
Name

Jurisdiction

Date

Amount

Purpose

Casa Grande

City IDA

12/12/2002

Casa Grande

City IDA

12/18/2002

Cochise
Flagstaff

County IDA
City IDA

6/5/2003
2/27/2003

Maricopa

County IDA

9/20/2002

Maricopa
Maricopa

County IDA
County IDA

7/31/2002
10/24/2002

$11,000,000 Phoenix West Prison, LLC Project
$16,200,000 San Miguel Apartments Project

Maricopa
Maricopa

County IDA
County IDA

11/12/2002
8/29/2002

$3,430,325 Glen Oaks Apartments
$14,200,000 San Remo Apartments

Maricopa

County IDA

8/28/2002

$14,975,000 Single Family Mortgage Joint Issue

Maricopa
Maricopa

County IDA
County IDA

12/20/2002
6/27/2003

$13,365,000 Florence West Prison, LLC Project
$16,200,000 Refunding

Maricopa

County IDA

5/2/2003

Maricopa
Maricopa

County IDA
County IDA

5/2/2003
12/11/2002

Maricopa

County IDA

8/29/2002

Phoenix
Phoenix

City IDA
City IDA

10/9/2002
5/15/2003

Phoenix
Phoenix

City IDA
City IDA

10/31/2002
4/4/2003

Phoenix

City IDA

11/27/2002

Phoenix
Phoenix

City IDA
City IDA

10/31/2002
8/28/2002

Phoenix

City IDA

11/4/2002

Phoenix
Phoenix

City IDA
City IDA

11/1/2002
12/11/2002

Phoenix

City IDA

4/29/2003

$12,400,000 Refunding

Pima
Pima

County IDA
County IDA

5/13/2003
4/25/2003

$4,680,000 Charter School - Milestones Charter School Proj
$50,000,000 Single Family Mortgage

Pima

County IDA

11/12/2002

Pima
Pima

County IDA
County IDA

7/18/2002
5/15/2003

Pima
Pima

County IDA
County IDA

9/11/2002
12/20/2002

Pima

County IDA

12/23/2002

Pima
Pima

County IDA
County IDA

6/26/2003
7/3/2002

$12,945,000 Charter School - Paradise Education Center Proj
$9,555,000 Arizona Charter School Project

Pima

County IDA

7/19/2002

$44,445,000 La Posada at Park Centre - Senior Living Facility

$7,200,000 Price Companies, Inc Project
$26,000,000 Casa Grande Regional Medical Center
$2,670,000 Refunding
$7,000,000 Northern Arizona Senior Living Project
$12,260,000 Rancho del Sol Apartments

$18,000,000 San Angelin Apartments Project
$9,450,000 Lake Pleasant Village Apartments Project
$9,985,000 Single Family Mortgage Joint Issue
$45,559,947 Single Family Mortgage
$1,000,000 Safeway, Inc Ice Cream Mfg Project
$200,000,000 Single Family Draw Down Mortgage Subsidy
$3,555,000 Jewell McFarland Lewis Fresh Start Women's Ce
$5,075,000 Southwest Human Development Project
$200,000,000 Refunding
$17,500,000 Liberty Cove Apt Project
$15,025,000 Single Family Mortgage Joint Issue
$12,400,000 Wetward Ho Apartments Projects
$42,500,000 Expand & Renovate America West Arena
$10,015,000 Single Family Mortgage Joint Issue

$8,000,000 Eastside Place Apartments Projects
$750,000 Aprender Tucson Project
$11,235,000 Bell Canyon & West Gilbert Schools Project
$5,161,000 Happy Valley School-Charter Project
$4,625,000 Arizona Charter School Project
$3,650,000 Clarion Santa Rita Hotel Project

TABLE 42
INDUSTRIAL DEVELOPMENT AUTHORITY NEW ISSUES FY 2003
Name

Jurisdiction

Date

Pima/Tucson

County IDA/City IDA 4/25/2003

Pima/Tucson

County IDA/City IDA 9/26/2002

Pinal
Pinal

County IDA
County IDA

4/29/2003
8/13/2002

$3,500,000 S & T Dairy, LLC Project
$1,250,000 Feenstra Investments Project-Solid Waste Dispo

Pinal

County IDA

8/28/2002

$3,700,000 Shamrock Farms-Solid Waste Disposal

Pinal
San Luis

County IDA
City IDA

10/18/2002
4/9/2003

Scottsdale
Tempe

City IDA
City IDA

6/11/2003
12/19/2002

$34,675,000 Refunding
$66,460,000 Friendship Village of Tempe Project

Tucson

City IDA

11/5/2002

$17,400,000 U of A Marshall Foundation Project

Yavapai
Yuma

County IDA
City IDA

3/4/2003
12/20/2002

Yuma

County IDA

12/31/2002

Yuma

City IDA

3/28/2003
Grand Total:

Amount

Purpose

$100,000,000 Single Family Mortgage Joint Issue
$50,000,000 Single Family Mortgage

$2,100,000 D.A. Holdings, LLC-Solid Waste Disposal
$5,000,000 Cope Behavioral Services, Inc

$37,420,000 Waste Management, Inc Project
$5,460,000 El Rio Santa Cruz Health Center
$5,609,556 The EXCEL Group Project
$6,640,000 Refunding
$1,241,225,828

TABLE 43
STATE AGENCY, UNIVERSITY AND OTHER NEW ISSUES FY 2003
Jurisdiction

Date

Amount

Purpose

Arizona Board of Regents

11/14/2002

$29,845,000

U of A -Meinel Optical Sciences Building

Arizona Health Facilities Authority

10/31/2002

$34,950,000

Flagstaff Medical Center Project

Arizona Health Facilities Authority
Arizona Health Facilities Authority

10/1/2002
7/26/2002

$47,000,000
$4,400,000

John C. Lincoln Health Network
Blood Systems, Inc Project

Arizona Health Facilities Authority

4/29/2003

$3,872,000

Arizona Health Facilities Authority
Arizona Health Facilities Authority

12/12/2002 $325,000,000
10/31/2002
$7,500,000

John C Lincoln
Branner Health Systems
Yavapai Regional Medical Center

Arizona Health Facilities Authority
Arizona Housing Finance Authority

8/1/2002
9/10/2002

$5,075,000
$9,355,000

Community Behavioral Health Properties
Fort Defiance Housing Corporation Proje

Arizona State University

6/12/2003

$7,130,000

Refunding

Arizona Tourism and Sports Authority
Arizona Tourism and Sports Authority

2/19/2003 $32,400,000
2/12/2003 $221,950,000

Professional Baseball Training Facilities
Multipurpose Stadium Facility Project

Department of Administration

7/17/2002

$75,295,000

Refunding

Greater AZ Development Authority
Northern Arizona University

12/1/2002
8/21/2002

$7,640,000
$31,700,000

Clarkdale, Coolidge, Guadalupe
Various Campus Projects

Salt River Project

9/26/2002 $570,000,000

Capital Impvements for Power and Electri

School Facilities Board
School Facilities Board

5/1/2003 $32,865,000
1/28/2003 $372,730,000

Improvements
Constructing & Equiping School Facilitie

School Facilities Board
School Facilities Board

7/1/2002 $278,635,000
6/30/2003 $20,000,000

Improving School Facilities
Qualified Zone Academy Bonds

Southern Arizona Capital Facilities

7/3/2002

$20,875,000

U of A's La Aldea Project-Student Housin

University of Arizona
University of Arizona

5/7/2003
5/14/2003

$30,805,000
$10,615,000

Refunding
Refunding

Williams Gateway Airport Authority

8/30/2002

$1,579,798

Grand Total:

$2,181,216,798

Lease

SECTION THREE
INDUSTRIAL DEVELOPMENT AUTHORITIES

INDUSTRIAL DEVELOPMENT AUTHORITIES
Although Industrial Development Authorities
(IDAs) are political subdivisions according to
Arizona law, they do not have the power of
taxation. Therefore, they can only issue
revenue bonds.
Revenue bonds are
secured primarily by the revenues that are
generated from the rents or fees paid by the
users of the project being funded.
IDAs, through statutory agents, are
responsible for reporting on outstanding
indebtedness.
Each bond’s trustee,
however, provides information on individual
outstanding bonds, to the statutory agents.
As the statutory agents do not maintain
bond information themselves, they rely on
the trustees to provide information in a
timely manner. In many instances, trustees
do not provide the necessary information in
a timely manner, and therefore the IDA is
not able to provide current information on all
bonds. As those bonds for which updated
information was not received are still
believed to be outstanding bonds, they are
included in total debt using information
received in previous years.
COUNTY INDUSTRIAL DEVELOPMENT
AUTHORITIES
Reports were received from eleven IDAs in
FY 2002/03. Apache, Gila, Navajo and
Pinal County IDAs have outstanding bonds
however, they failed to submit reports. As
explained in the previous paragraph, since
they have outstanding bonds they are
included in the report using data obtained
from previous reports. Statutory agents for
the Pima County IDA did not receive
updated information from trustees on many
outstanding bond issues.
Santa Cruz
County IDA reported no outstanding bonds.
However they have not provided verification
that the four bonds reported previously have
been retired. Therefore, we will continue to
include those bonds in the totals reported
until we receive proper verification that the
bonds have been retired. La Paz has no
outstanding bond debt.
Total outstanding debt for county IDAs was
$3.392 billion at the end of FY 2002/03, after
$515.3 million in principal was retired or
refunded during the fiscal year. The total

outstanding debt may be lower than
presented here due to payments that were
made, but not reported by the trustees.
Detail on the outstanding indebtedness of
county IDAs can be found in Table 44.
CITY/TOWN INDUSTRIAL
DEVELOPMENT AUTHORITIES
Twenty-six city/town IDAs provided bond
reports for FY 2002/03. Nineteen of those
twenty-six IDAs reported outstanding bonds;
seven reported no outstanding bonds.
Glendale, Peoria and San Luis have
outstanding bonds however they failed to
provide reports. Those previously reported
outstanding bonds are reflected in the totals
on Table 45. Buckeye and Willcox also
failed to submit reports however they had no
previously reported outstanding bonds.
Notification of the dissolution of Page IDA
was received from the Page City Attorney’s
Office. Page had no outstanding bonds at
the time. Statutory agents did not receive
information from trustees on none of the five
outstanding bonds previously reported for
Tempe.
Total outstanding debt for City/Town IDAs at
the end of FY 2002/03 was $2.587 billion.
During the fiscal year, $294.8 million in
principal was retired or refunded. As noted
previously under County IDAs, the total
outstanding debt may be lower than
presented here due to payments that were
made, but that have not been reported by
the trustees.
Detail on the outstanding indebtedness of
City and Town IDAs can be found in Table
45.
JOINT CITY/COUNTY INDUSTRIAL
DEVELOPMENT AUTHORITY BONDS
Beginning in FY 1999/00 we began
receiving information on joint issues
involving city and county IDAs. In an effort
to represent these bonds in both the county
IDA and city/town IDA sections of this report
and to avoid double counting, these bonds
have been split in half and included in both
sections where applicable.

Detail on new joint city/county IDA bonds
issues can be found on Table 42 in Section
Two of this report.
Please note that the outstanding balances
listed in the report should reflect all

indebtedness as of June 30, 2003.
However, the year-end balances should
reflect any July 1, 2003 payments if the
payment amount has been deposited into a
dedicated fund for the payment of principal.

TABLE 44
COUNTY INDUSTRIAL DEVELOPMENT AUTHORITIES' FY 2003 BONDED INDEBTEDNESS
COUNTY
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Apache
Revenue

8
8

$453,500,000
$453,500,000

$0
$0

$0
$0

$452,800,000
$452,800,000

Revenue

8
8

$45,445,000
$45,445,000

$8,711,615
$8,711,615

$2,086,241
$2,086,241

$34,647,144
$34,647,144

Revenue

2
2

$4,720,000
$4,720,000

$605,000
$605,000

$2,275,000
$2,275,000

$1,840,000
$1,840,000

Revenue

2
2

$80,700,000
$80,700,000

$0
$0

$0
$0

$80,700,000
$80,700,000

Revenue

3
3

$19,664,000
$19,664,000

$1,916,587
$1,916,587

$807,207
$807,207

$16,940,206
$16,940,206

Revenue
Totals for Greenlee

1
1

$81,100,000
$81,100,000

$0
$0

$0
$0

$81,100,000
$81,100,000

Totals for La Paz

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

161
161

$1,930,190,479
$1,930,190,479

$183,905,052
$183,905,052

$216,402,015
$216,402,015

$1,529,883,412
$1,529,883,412

Revenue

15
15

$185,415,000
$185,415,000

$17,378,000
$17,378,000

$38,672,000
$38,672,000

$129,365,000
$129,365,000

Revenue

5
5

$56,650,000
$56,650,000

$0
$0

$0
$0

$56,650,000
$56,650,000

Revenue

112
112

$1,120,739,167
$1,120,739,167

$171,027,337
$171,027,337

$226,897,320
$226,897,320

$722,814,510
$722,814,510

Revenue

11
11

$129,250,000
$129,250,000

$0
$0

$0
$0

$114,440,000
$114,440,000

Revenue

4
4

$38,980,000
$38,980,000

$0
$0

$0
$0

$38,980,000
$38,980,000

Revenue

14
14

$158,130,000
$158,130,000

$5,757,616
$5,757,616

$25,875,330
$25,875,330

$126,497,054
$126,497,054

Revenue

2
2

$7,859,556
$7,859,556

$147,352
$147,352

$2,322,996
$2,322,996

$5,389,208
$5,389,208

Totals for Apache
Cochise
Totals for Cochise
Coconino
Totals for Coconino
Gila
Totals for Gila
Graham
Totals for Graham
Greenlee

La Paz

Maricopa
Totals for Maricopa
Mohave
Totals for Mohave
Navajo
Totals for Navajo
Pima
Totals for Pima
Pinal
Totals for Pinal
Santa Cruz
Totals for Santa Cruz
Yavapai
Totals for Yavapai
Yuma
Totals for Yuma

TABLE 44
COUNTY INDUSTRIAL DEVELOPMENT AUTHORITIES' FY 2003 BONDED INDEBTEDNESS
COUNTY
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Revenue

348

$4,312,343,202

$389,448,559

$515,338,109

$3,392,046,534

Grand Totals:

348

$4,312,343,202

$389,448,559

$515,338,109

$3,392,046,534

TABLE 45
CITY INDUSTRIAL DEVELOPMENT AUTHORITIES' FY 2003 BONDED INDEBTEDNESS
CITY
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Avondale
Totals for Avondale

1
1

$3,085,000
$3,085,000

$565,000
$565,000

$130,000
$130,000

$2,390,000
$2,390,000

Totals for Benson

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

7
7

$50,995,000
$50,995,000

$5,040,000
$5,040,000

$80,000
$80,000

$45,875,000
$45,875,000

Revenue

9
9

$58,122,136
$58,122,136

$4,290,776
$4,290,776

$16,535,204
$16,535,204

$37,296,156
$37,296,156

Revenue
Totals for Douglas

1
1

$1,710,000
$1,710,000

$585,000
$585,000

$0
$0

$1,125,000
$1,125,000

Totals for Eloy

0
0

$0
$0

$0
$0

$0
$0

$0
$0

8
8

$52,561,000
$52,561,000

$250,000
$250,000

$14,985,000
$14,985,000

$37,326,000
$37,326,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

4
4

$14,500,000
$14,500,000

$2,072,500
$2,072,500

$555,000
$555,000

$11,872,500
$11,872,500

Revenue

10
10

$112,410,000
$112,410,000

$0
$0

$0
$0

$82,635,000
$82,635,000

Revenue

2
2

$13,335,000
$13,335,000

$5,320,000
$5,320,000

$505,000
$505,000

$7,510,000
$7,510,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Mesa

7
7

$455,436,000
$455,436,000

$7,145,017
$7,145,017

$1,796,709
$1,796,709

$446,494,274
$446,494,274

Totals for Page

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

Benson

Casa Grande
Totals for Casa Grande
Chandler
Totals for Chandler
Douglas

Eloy

Flagstaff
Revenue
Totals for Flagstaff
Florence
Totals for Florence
Gilbert
Totals for Gilbert
Glendale
Totals for Glendale
Goodyear
Totals for Goodyear
Huachuca City
Totals for Huachuca City
Kingman
Totals for Kingman
Mesa
Revenue

Page

TABLE 45
CITY INDUSTRIAL DEVELOPMENT AUTHORITIES' FY 2003 BONDED INDEBTEDNESS
CITY
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Payson
Revenue

1
1

$13,000,000
$13,000,000

$0
$0

$0
$0

$13,000,000
$13,000,000

Revenue

5
5

$46,860,000
$46,860,000

$0
$0

$0
$0

$45,719,000
$45,719,000

Revenue

93
93

$1,345,764,624
$1,345,764,624

$150,601,395
$150,601,395

$159,477,549
$159,477,549

$1,035,685,680
$1,035,685,680

Revenue

3
3

$13,335,523
$13,335,523

$1,201,297
$1,201,297

$301,779
$301,779

$11,832,447
$11,832,447

Revenue

1
1

$5,000,000
$5,000,000

$0
$0

$0
$0

$5,000,000
$5,000,000

Revenue

12
12

$370,375,000
$370,375,000

$31,530,833
$31,530,833

$7,325,834
$7,325,834

$331,518,333
$331,518,333

Revenue

2
2

$20,840,000
$20,840,000

$2,380,000
$2,380,000

$700,000
$700,000

$17,760,000
$17,760,000

Revenue

6
6

$18,660,000
$18,660,000

$3,118,680
$3,118,680

$930,000
$930,000

$14,611,320
$14,611,320

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

5
5

$124,355,000
$124,355,000

$0
$0

$0
$0

$116,295,000
$116,295,000

Revenue

2
2

$13,155,000
$13,155,000

$0
$0

$0
$0

$13,155,000
$13,155,000

Revenue

24
24

$298,601,500
$298,601,500

$19,156,000
$19,156,000

$83,335,787
$83,335,787

$196,109,713
$196,109,713

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

1
1

$7,695,000
$7,695,000

$645,000
$645,000

$200,000
$200,000

$6,850,000
$6,850,000

Revenue

7
7

$122,170,000
$122,170,000

$7,025,000
$7,025,000

$7,925,000
$7,925,000

$107,220,000
$107,220,000

Totals for Payson
Peoria
Totals for Peoria
Phoenix
Totals for Phoenix
Prescott
Totals for Prescott
San Luis
Totals for San Luis
Scottsdale
Totals for Scottsdale
Show Low
Totals for Show Low
Sierra Vista
Totals for Sierra Vista
South Tucson
Totals for South Tucson
Tempe
Totals for Tempe
Tolleson
Totals for Tolleson
Tucson
Totals for Tucson
Williams
Totals for Williams
Winslow
Totals for Winslow
Yuma
Totals for Yuma

TABLE 45
CITY INDUSTRIAL DEVELOPMENT AUTHORITIES' FY 2003 BONDED INDEBTEDNESS
CITY
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/02

PAID IN FISCAL
YEAR 2003

CURRENT
OUTSTANDING
PRINCIPAL

Revenue

211

$3,161,965,783

$240,926,498

$294,782,862

$2,587,280,423

Grand Totals:

211

$3,161,965,783

$240,926,498

$294,782,862

$2,587,280,423

SECTION FOUR
LEASE PURCHASES

LEASE PURCHASE/THIRD PARTY CONTRACTS
This section provides a summary of the
Lease Purchase/Third Party Financing
Contract (hereafter referred to as Lease
Purchase) information collected for FY
2002/03. This information is presented by
county only for the sake of organization.
The counties are not responsible for the
payment of any lease purchase contracts
other than their own.
Arguments have been made that lease
purchases are not debt, and therefore
should not be the subject of the
Department's requests or reports.
The
guiding principal behind collecting this
information is the reference to 'other
securities issued with a term in excess of
one year...’
In FY 1996/97,
was requested
subdivisions or
reports.
The

the first year that reporting
approximately 450 political
state agencies submitted
reports submitted for FY

1996/97 showed 669 lease purchase
contracts with $209.5 million outstanding at
the end of that fiscal year.
Approximately 790 political subdivisions and
state agencies submitted reports for FY
2002/03. Reports submitted for this fiscal
year reflected 1,424 lease purchase
contracts with $512.0 million outstanding at
the end of the fiscal year.
The data
presented is as complete and accurate as
the records submitted by the reporting
political subdivisions and agencies.
Details of all Lease Purchase and Third
Party Contracts reported by Arizona political
subdivisions and state agencies can be
found in Table 46. Table 47 lists all political
subdivisions and state agencies who
reported having no lease purchases or third
party financing contracts.

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Apache
Alpine esd

Number of Contract

Amount Outstanding

Amount Retired

1

$4,112

$227

Alpine Fire District
Apache County

2
5

$344,292
$155,545

$99,558
$608,133

Concho ESD

1

$0

$95,635

2
13

$167,573
$2,166,424

$114,049
$1,149,968

Ganado usd

4

$3,177,850

$802,209

Greer Fire District
Red Mesa USD

4
2

$101,071
$142,748

$176,662
$171,946

Sanders usd

3

$129,020

$61,869

St. Johns

1

$1,441,978

$58,022

38

$7,830,613

$3,338,278

Concho Fire District
Eagar

Totals for Apache
Cochise
Apache ESD

1

$19,464

$24,097

Ash Creek ESD

3

$18,603

$52,018

Benson
Benson USD

6
4

$194,121
$33,069

$81,506
$71,033

Bisbee

4

$110,652

$255,283

Bowie USD
Cochise County

1
2

$11,938
$23,471

$41,461
$48,699

Cochise ESD

1

$65,989

$20,000

Double Adobe ESD
Douglas

1
6

$2,553
$1,175,185

$7,334
$226,415

Douglas USD
Naco Fire District

3
1

$93,789
$21,408

$45,094
$18,592

Naco Sanitary District

1

$174,475

$25,525

Palominas Fire District
PBW Fire District

2
1

$258,138
$18,274

$88,886
$6,726

San Jose Fire District

1

$4,378

$28,382

San Simon USD
Sierra Vista

2
13

$69,854
$10,871,708

$45,854
$9,429,088

Sierra Vista USD

6

$244,905

$405,558

St. David Fire District
Tombstone

2
2

$31,983
$157,604

$49,017
$100,391

Valley Union HSD

1

$21,293

$61,282

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Whetstone Fire District
Willcox

Number of Contract

Amount Outstanding

Amount Retired

1
4

$316,344
$8,809

$33,656
$32,358

69

$13,948,007

$11,198,253

Blue Ridge Fire District

4

$676,260

$107,529

Coconino County
Flagstaff

2
2

$141,221
$550,691

$177,980
$344,309

Greenehaven Fire District

1

$61,458

$19,842

Highland Fire District
Junipine Fire District

2
2

$570,000
$46,225

$96,698
$18,775

Kaibab Estates West Fire District
Maine Consolidated ESD

1
1

$32,401
$67,651

$27,599
$18,890

Mormon Lake Fire District

2

$89,518

$97,263

Page
Page USD

6
1

$41,648
$35,392

$111,842
$18,149

Parks-Bellemont Fire District

3

$219,730

$82,869

Pinewood Fire District
Pinewood Sanitary District

1
7

$0
$131,737

$118,210
$355,523

Summit Fire Distric

1

$1,804

$179

Summit Fire District
Tusayan Fire District

4
2

$631,370
$944,303

$624,111
$19,046

Williams

4

$1,519,822

$322,632

46

$5,761,231

$2,561,446

Beaver Valley Fire District
Canyon Fire District

2
1

$24,341
$0

$28,412
$39,470

Christopher-Kohls Fire District

2

$45,313

$112,612

Diamond Star Fire District
Gila County

2
13

$113,810
$593,052

$73,388
$3,867,435

Gisela Valley Fire District

1

$13,318

$9,182

3
20

$191,848
$146,627

$446,643
$650,863

Hayden
Northern Gila County Sanitary District

2
1

$0
$18,388

$22,886
$146,191

Payson

5

$321,661

$590,760

Payson USD

4

$295,205

$388,189

Totals for Cochise
Coconino

Totals for Coconino
Gila

Globe
Globe USD

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contract

Amount Outstanding

Amount Retired

Pine Strawberry Fire District
Tonto Basin Fire District

4
1

$408,926
$151,582

$269,919
$80,418

Tri-City Fire District
Whispering Pines Fire District

4
2

$146,755
$132,861

$90,539
$34,139

Winkelman

1

$0

$20,789

68

$2,603,687

$6,871,835

Ft. Thomas USD

1

$42,657

$23,503

Pima
Pima USD

3
1

$103,230
$53,318

$122,828
$31,507

Safford
Safford USD

1
1

$169,493
$0

$2,902
$28,443

7

$368,698

$209,183

5

$417,955

$672,508

5

$417,955

$672,508

Bouse ESD

2

$15,385

$65,732

Buckskin Fire District
La Paz County

1
1

$21,265
$33,144

$163,429
$1,021

Parker

4

$25,900

$180,979

Quartzsite
Quartzsite ESD

4
1

$73,637
$87,700

$107,562
$10,000

Quartzsite Fire District

2

$402,969

$162,614

Salome ESD
Salome Fire District

1
4

$0
$288,758

$86,455
$227,325

20

$948,758

$1,005,117

Adaman Irrigation Water Delivery District

1

$8,921

$37,903

Agua Fria UHSD
Aguila ESD

3
1

$0
$0

$789,371
$81,255

Alhambra ESD

2

$261,284

$144,959

Arlington ESD
Avondale

1
17

$0
$1,184,350

$40,000
$3,325,026

Avondale ESD

6

$133,997

$56,423

Totals for Gila
Graham

Totals for Graham
Greenlee
Greenlee County
Totals for Greenlee
La Paz

Totals for La Paz
Maricopa

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contract

Amount Outstanding

Amount Retired

Balsz ESD
Buckeye

4
9

$1,563,770
$1,184,774

$1,751,562
$605,770

Cartwright ESD
Cave Creek

4
5

$2,880,000
$102,250

$14,108,388
$101,915

Cave Creek USD

2

$167,087

$26,788

Chandler
Chandler USD

5
2

$2,006,758
$2,695,651

$2,386,414
$1,667,120

Circle City/Morristown Fire District

1

$184,847

$65,153

Creighton ESD
Daisy Mountain Fire District

1
4

$379,576
$721,701

$380,237
$316,862

Dysart USD

15

$1,694,285

$1,804,507

El Mirage
Fowler ESD

10
4

$402,529
$352,865

$424,849
$274,208

Gila Bend

5

$0

$784,250

Gilbert
Gilbert USD

1
9

$29,704
$2,832,646

$154,569
$3,817,481

17
6

$37,213,104
$1,228,393

$22,132,961
$1,401,261

Guadalupe

2

$153,534

$43,365

Higley ESD
Isaac esd

1
21

$262,643
$618,427

$335,439
$4,521,195

Laveen Fire District

1

$0

$205,730

Littleton ESD
Madison ESD

4
1

$310,289
$294,799

$123,926
$442,199

31

$21,765,620

$15,006,268

4
2

$66,671
$246,349

$270,050
$117,786

Mesa

13

$8,587,145

$32,410,414

Mesa USD
Morristown ESD

12
1

$860,040
$33,288

$2,412,119
$40,814

Murphy ESD
Nadaburg esd

9
2

$208,760
$82,187

$354,988
$111,303

Osborn ESD

7

$489,804

$599,637

Palo Verde ESD
Paloma esd

5
1

$0
$6,582

$488,329
$11,537

Paradise Valley

4

$1,364,820

$2,854,329

Paradise Valley USD

2

$63,882

$1,817,383

Glendale
Glendale UHSD

Maricopa County
Maricopa County Community College
Maricopa usd

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Pendergast ESD
Peoria
Peoria USD
Phoenix

Number of Contract

Amount Outstanding

Amount Retired

2
2

$38,780
$366,926

$383,726
$152,194

12
1

$1,837,800
$138,768

$4,951,508
$138,767

Phoenix ESD

6

$242,109

$488,305

Queen Creek
Queen Creek USD

6
1

$4,271,833
$55,499

$517,370
$236,866

Rancho Jardines IWDD

1

$0

$100,000

Roosevelt ESD
Roosevelt Irrigation District

2
4

$0
$193,234

$3,222,785
$3,211,075

Saddle Mountain USD

1

$276,001

$184,613

Scottsdale
Scottsdale USD

1
6

$28,750,000
$600,118

$0
$1,152,385

Sun City Fire District

3

$1,792,787

$855,448

Sun City West Fire District
Sun Health Corporation

5
2

$1,936,654
$8,818,705

$500,000
$6,131,295

1
143

$0
$7,244,920

$750,907
$3,196,029

Tempe ESD

1

$2,156,106

$0

Tolleson
Tolleson ESD

5
2

$130,891
$53,855

$303,079
$190,909

Tonopah Fire District

1

$58,829

$21,171

Union esd
Washington ESD

3
2

$67,501
$4,986,102

$45,016
$4,289,043

Wickenburg

3

$213,448

$271,167

Wickenburg USD
Wilson ESD

8
2

$311,456
$46,186

$329,716
$31,833

Wittman Volunteer Fire District

2

$112,925

$100,328

486

$157,344,767

$150,601,578

1
11

$41,786
$3,642,328

$0
$2,438,064

Bullhead City Fire District

4

$1,175,739

$579,921

Colorado City
Colorado River uhsd

9
2

$505,112
$111,141

$636,101
$470,383

County Community College

3

$312,859

$336,715

Surprise
Tempe

Totals for Maricopa
Mohave
Beaver Dam/Littlefield Fire District
Bullhead City

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contract

Amount Outstanding

Amount Retired

Fort Mojave Mesa Fire District
Golden Shores Fire District

1
3

$1,050,378
$163,709

$149,622
$139,337

Golden Valley Fire District
Havasu Heights Domestic Water Improvemen

1
1

$0
$371,032

$3,024
$243,968

Hualapai Valley Fire District

2

$491,076

$480,527

Kingman USD
Lake Havasu City

8
8

$2,075,416
$49,565

$3,255,219
$175,853

Lake Havasu USD

4

$502,338

$320,959

Lake Mohave Ranchos Fire District
Mohave County

1
3

$47,687
$18,372

$27,124
$897,099

Mohave Valley Fire District

2

$28,400

$36,500

Peach Springs USD
Pinion Pine Fire District

2
2

$0
$64,990

$107,124
$62,987

So Hi Water District

1

$414,136

$230,864

Valle Vista Fire District

1

$47,833

$142,400

70

$11,113,897

$10,733,791

5

$63,882

$39,307

Clay Springs/Pinedale Fire District

2

$150,000

$97,245

Heber-Overgaard USD
Holbrook

1
9

$30,358
$408,787

$60,813
$679,826

Joseph City USD

1

$0

$97,329

25
1

$392,035
$152,679

$70,965
$61,015

Navapache Hospital District
Pinetop Volunteer Fire District

1
1

$172,754
$1,079,175

$924,829
$120,825

Pinetop-Lakeside

3

$870,093

$274,907

Pinetop-Lakeside Sanitary District
Show Low USD

2
2

$813,881
$921,803

$173,981
$214,760

21

$2,679,772

$4,249,438

Sun Valley Fire District
Taylor

1
4

$60,000
$371,000

$15,000
$280,000

Whiteriver usd

4

$49,670

$18,418

Winslow
Winslow USD

13
1

$1,658,612
$306,066

$748,472
$110,337

97

$10,180,567

$8,237,467

Totals for Mohave
Navajo
Cedar USD

Kayenta USD
Linden Fire District

Snowflake

Totals for Navajo

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contract

Other
Williams Gateway Airport Authority

Amount Outstanding

Amount Retired

1

$1,352,420

$227,378

1

$1,352,420

$227,378

Ajo USD

1

$0

$28,186

Amphitheater USD
Avra Valley Fire District

6
7

$846,079
$334,649

$1,292,924
$335,294

Catalina Foothills USD

20

$271,070

$297,406

Continental ESD
Drexel Heights Fire District

2
3

$66,776
$296,523

$103,526
$387,477

Flowing Wells USD
Golder Ranch Fire District

3
3

$0
$363,577

$88,901
$385,722

Green Valley Fire District

3

$678,126

$327,054

Indian Oasis-Baboquivari usd
Marana

4
1

$88,768
$352,838

$187,898
$238,462

Marana USD

1

$0

$19,498

Metropolitan Domestic Water Improvement Di
Northwest Fire District

9
3

$1,821,464
$4,117,989

$1,026,915
$2,689,711

Picture Rocks Fire District

2

$194,056

$47,584

Pima County
Pima County Community College

8
1

$594,000
$109,402

$3,032,000
$1,445,045

Pima County Stadium District

2

$30,455,000

$10,080,000

Rincon Valley Fire District
Sahuarita USD

4
6

$590,314
$570,966

$204,341
$343,020

South Tucson
Sunnyside USD

2
2

$564,471
$0

$321,162
$29,195

Three Points Fire District

1

$1,887,233

$112,767

Tucson Airport Authority
Tucson USD

3
32

$7,082,151
$6,480,301

$121,456
$13,019,587

Totals for Pima

129

$57,765,752

$36,165,130

2

$66,700

$586,010

Apache Junction Fire District
Apache Junction USD

2
1

$2,458,602
$0

$791,398
$1,080,465

Arizona City Sanitary District

1

$4,377,071

$0

10

$16,526,032

$8,918,259

Totals for Other
Pima

Pinal
Apache Junction

Casa Grande

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contract

Amount Outstanding

Amount Retired

Casa Grande UHSD
Central Arizona College

2
1

$25,021
$8,990,000

$113,285
$2,910,000

Combs ESD
Coolidge

2
7

$89,233
$1,460,020

$51,799
$983,450

Coolidge usd

3

$1,450,559

$3,565

Eloy ESD
Eloy Fire District

7
1

$207,994
$167,212

$283,546
$82,788

12

$1,425,012

$688,504

Florence usd
Kearny

8
4

$309,787
$20,618

$417,649
$350,501

Mammoth Fire District

1

$15,581

$7,784

Oracle Volunteer Fire District
Picacho ESD

1
1

$79,948
$41,982

$5,052
$40,908

21

$1,634,416

$2,550,344

Queen Valley Domestic Water Improvement D
Queen Valley Fire District

3
1

$95,304
$105,329

$93,926
$55,104

San Carlos Irrigation & Drainage District
Stanfield ESD

1
2

$24,669
$33,505

$193,771
$77,209

Superior

1

$7,126

$2,169

Superior USD

1

$0

$50,140

96

$39,611,721

$20,337,626

2
2

$179,086
$19,846

$144,171
$24,101

10
1

$2,422,686
$86,668

$1,347,565
$32,997

Florence

Pinal County

Totals for Pinal
Santa Cruz
Nogales Suburban Fire District
Patagonia
Santa Cruz County
Santa Cruz County Flood Control District
Santa Cruz Valley USD

4

$116,681

$113,387

Tubac Fire District

3

$453,310

$277,980

22

$3,278,277

$1,940,201

15
1

$3,822,870
$31,857

$2,746,654
$0

4
2

$116,061,003
$6,042,335

$5,685,950
$5,243,745

13

$3,726,290

$7,658,691

2

$28,175

$1,027,452

Totals for Santa Cruz
State
Arizona State University
Board of Nursing
Department of Administration
Department of Corrections
Department of Economic Security
Department of Health Services

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contract

Department of Transportation
Department of Water Resources

Amount Outstanding

Amount Retired

22
3

$3,185,864
$259,406

$11,192,271
$34,577

Industrial Commission
Land Depart

3
1

$6,473,855
$10,756

$12,259,917
$25,702

Land Department

2

$4,654

$363,678

Northern Arizona Univ
Northern Arizona University

1
3

$780,905
$1,972,653

$689,095
$1,100,427

Public Safety

1

$99,651

$46,845

Registrar of Contractors
Supreme Court

1
9

$40,587
$2,500,300

$236,216
$1,094,348

35

$29,248,321

$40,284,496

118

$174,289,482

$89,690,064

Ash Fork Fire District
Ash Fork USD

1
2

$58,934
$552,820

$24,456
$35,035

Black Canyon Fire District

3

$101,595

$142,000

Camp Verde Fire District
Camp Verde USD

3
4

$219,626
$102,055

$77,447
$390,046

Central Yavapai Fire District

8

$1,577,532

$1,108,304

Chino Valley
Chino Valley Fire District

4
5

$171,677
$1,181,292

$105,010
$689,877

Chino Valley USD

6

$265,151

$246,357

Clarkdale
Clarkdale-Jerome ESD

1
4

$81,884
$0

$62,284
$168,993

Congress ESD
Congress Fire District

2
1

$40,562
$0

$18,529
$53,301

Cottonwood

1

$266,922

$273,078

cottonwood-oak creek esd
Crown King Fire District

4
1

$33,439
$22,000

$292,993
$38,700

Groom Creek Fire District

1

$0

$80,000

Jerome
Mayer Domestic Water Improvement District

2
1

$122,699
$504,973

$137,475
$215,027

Mayer USD

2

$92,505

$77,166

Mingus UHSD
Montezuma Rimrock Fire District

5
2

$112,554
$601,372

$208,829
$210,211

12

$5,105,935

$3,419,065

University of Arizona
Totals for State
Yavapai

Prescott

TABLE 46
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contract

Amount Outstanding

Amount Retired

Prescott USD
Sedona

2
1

$208,188
$0

$1,734,072
$19,900

Sedona Fire District
Verde Valley Fire District

3
1

$388,521
$0

$467,659
$141,000

Yavapai County

2

$1,497,290

$582,786

Yavapai County Community College
Yavapai County IDA

5
1

$404,353
$743,128

$774,301
$371,654

Totals for Yavapai

90

$14,457,007

$12,165,555

2

$2,591

$6,295

2
3

$140,355
$32,612

$598,722
$355,535

14

$4,250,211

$339,888

Somerton
Somerton ESD

9
4

$2,185,110
$98,081

$969,912
$634,659

Wellton

9

$911,948

$296,122

Wellton USD
Yuma County

1
2

$35,340
$110,055

$19,988
$381,815

11

$1,392,399

$2,810,069

5

$1,583,151

$1,022,092

62

$10,741,853

$7,435,096

1,424

$512,014,693

$363,390,506

Yuma
Antelope UHSD
Crane ESD
Gadsden ESD
San Luis

Yuma ESD
Yuma UHSD
Totals for Yuma
Grand Totals:

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Apache
Alpine Sanitary District
Apache County Flood Control District
Apache County Jail District
Apache County Library District
Chinle usd
Crosby Acres
Ganado Fire District
Greer Acres Improvement District
Little Colorado Sanitary District
McNary ESD
Northern Apache County Special Health Care Distric
Ojo Bonito Water Improvement District
Round Valley USD
St. Johns USD
Vernon Domestic Water Improvement District
White Mountain Communities Special Health Care Dis
Cochise
Babocomari Fire District
Benson IDA
Bisbee USD
Bowie Fire District
Bowie Light District
Carmel Light District
Cochise County Community College District
Cochise County Highway & Floodplain District
Cochise County IDA
Cochise County Library District
Douglas IDA
Elfrida ESD
Elfrida Fire District
Fort Huachuca Accomodation Schools
Golden Acres Light District
Huachuca City
McNeal ESD
Naco esd
Naco Lighting District
Northern Cochise County Hospital District
Palominas ESD

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Pearce ESD
Pirtleville Fire District
Pirtleville Light District
Pomerene Domestic Water Improvement District
Pomerene ESD
Pomerene Fire District
Rucker ESD
Sierra Vista/Fry Fire District
St. David Flood Control District
St. David Irrigation District
St. David USD
Sunnyside Fire District
Sunsites Light District
Sunsites-Pearce Fire District
Tombstone USD
Willcox USD

Coconino
Buckboard Trail
Chevelon Butte ESD
Coconino County Community College District
Coconino County Flood Control District
Coconino County IDA
Coconino County Jail District
Coconino County Library District
Coconino County Pollution Control Corp.
Flagstaff IDA
Flagstaff USD
Forest Lakes Domestic Water Improvement District
Forest Lakes Fire District
Fort Valley Fire District
Fredonia
Kachina Trail
Kachina Village Improvement District
Kachina Village Paving
Linda Lane Road Improvement District
Mount Elden Lookout Road Fire District
Page Hospital District
Pine Del Fire District
Rodeo Drive

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Rudd Tank Road Improvement District
Sherwood Forest Estates Fire District
South Grand Canyon Sanitary District
Westwood Estates Fire District
Williams Facilities District
Woods Fire District

Gila
Gila County Library District
Mesa Del Sanitary District
Payson IDA
Payson North Sanitary District
Pinal Sanitary District
Pleasant Valley Fire District
Rim Trail Water #1
Rim Trail Water #2
Round Valley-Oxbow Fire District
San Carlos USD
Tonto Basin ESD
Young ESD
Graham
Eastern Arizona College
Ft. Thomas Fire District
Graham County
Graham County Flood Control District
Graham County IDA
Klondyke ESD
Solomon ESD
Thatcher
Thatcher USD
Greenlee
Clifton
Clifton USD
Duncan
Duncan Rural Fire District
Eagle ESD
Greenlee County IDA
Morenci USD
La Paz
Buckskin Sanitary District

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Ehrenberg Fire District
La Paz County Hospital District
La Paz County IDA
La Paz County Jail District
McMullen Valley Water Conservation & Drainage Dist
Parker Fire District
Parker USD
Wenden ESD

Maricopa
#K100 Marquerite Drive
#K66 98th Street
#K69 Pecos McQueen
#K74 99th Street
#K75 98th Way
#K76 Vine
#K77 Inland
#K79 97th Place
#K80 Del Witt
#K81 5th Avenue
#K83 Boulder
#K89 158th Street
#K90 Grandview Manor
#K91 Queen Creek Water
#K92 Fairview Lane
#K93 East Fairview
#K94 White Fence
#K95 104th Place/University
#K96 Central Avenue
#K98 Billing Street
Aguila Fire District
Arizona Utilities Community Facilities District
Avondale IDA
AZ 9-5 Housing
AZ 9-6 Housing
AZ 9-7 Housing
AZ 9-9 Housing
Berridge Manor IWDD #38
Buckeye ESD
Buckeye Valley Fire District

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Buckeye Water Conservation & Drainage District
Carefree
Chandler IDA
Citrus Gardens Irrigation Water Delivery District
Cottonflower Community Facilities District
Cuatro Palmas Irrigation Water Delivery District
DC Ranch Community Facilities District
Deer Valley USD
East Morningside Irrigation Water Delivery Dist
East Valley Institute of Technology
Electrical District #7
Electrical District #8
Estrella Mountain Ranch Community Facilities Distr
Fountain Hills
Fountain Hills Road District
Fountain Hills Sanitary District
Fountain Hills USD
Gilbert IDA
Goodyear
Goodyear Community Facilities General District
Goodyear Community Facilities Utility District
Groves of Hermosa Vista IWDD
Hoffman Terrace Irrigation Water Delivery District
Hospital District #1 of Maricopa County
Kyrene ESD
LaMar Irrigation Water Delivery District
Liberty ESD
Litchfield ESD
Madison Park Irrigation Water Delivery District
Maricopa County IDA
Maricopa County Municipal Water Conservation Distr
Maricopa County Regional Schools
Maricopa County Stadium District
Maricopa County Street Lighting Improvement Distri
McDowell Homes IWDD #7
McDowell Mountain Ranch Community Facilities Distr
McMicken Irrigation District
Miller Road Improvement District
Mobile ESD

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Peoria Improvement District #8801
Peoria Improvement District #8802
Peoria Improvement District #9002
Peoria Improvement District #9102
Peoria Improvement District #9202
Peoria Improvement District #9303
Peoria Improvement District #9601
Peoria Improvement District #9602
Peoria Improvement District #9603
Peoria Improvement District #9801
Phoenix UHSD
Queen Creek Irrigation Water Delivery District #32
Rancho Grande & Landerwood IWDD
Riverside ESD
Roosevelt Water Conservation District
San Tan Irrigation District
Scottsdale IDA
Scottsdale Mountain Community Facilities District
Sentinel ESD
Sun Lakes Fire District
Sunburst Farms Irrigation District
Sundance Community Facilities District
Tatum Ranch Community Facilities District
Tempe UHSD
Thoroughbred Farms IWDD #43
Tolleson IDA
Tolleson UHSD
Tonopah Irrigation District
Tres Palmas Irrigation Water Delivery District
Turney Tract Irrigation Water Delivery District
Verrado Community Facilities District
Via Linda Road Community Facilities District
Village at Litchfield Park Community Facilities Di
Vistancia Community Facilities District
Wickenburg Rural Fire District
Wildflower Ranch Community Facilities District
Woodlea Irrigation Water Delivery District
Woolsey Flood Protection District
Youngtown

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Mohave
Bullhead City Pest Abatement District
Butler Road Improvement District
Cerbat Ranch
Chloride Fire District
Crystal Beach Water Conservation District
Desert Hills Fire District
Fredonia Moccasin USD
Golden Shores Water Conservation District
Golden Valley Improvement District
Grapevine Mesa Fire District
Hackberry ESD
Holiday Lighting District
Horizon Six
Hospital District #1 of Mohave County
Kingman
Kingman IDA
Lake Havasu City Improvement District
Lake Havasu Irrigation & Drainage District
Lake Havasu Sanitary District
Mohave County Flood Control District
Mohave County Improvement District #126
Mohave County Library District
Mohave County Television Improvement District
Mohave Valley ESD #16
Mohave Valley Irrigation & Drainage District
Mohave Water Conservation District
Owens ESD
Pine Lake Fire District
Rainbow Acres
Rancho Verde
Scenic Improvement District
Valentine ESD
Yucca ESD
Navajo
Beaver Dam Circle
Blue Lake Circle
Buck Springs Road Improvement District
Chaparral Drive Improvement District

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Drifting Snow Loop
Forest Trails II
Forest Trails III
Heber Domestic Water Improvement District
Heber-Overgaard Fire District
Hiawatha Trail Improvement District
High Country Pines
Holbrook USD
Homestead Road
Joseph City Sanitary District
Lakeside Fire District
Little Colorado Flood Control District
Misty Mountain
Mogollon Air Park
Moon Creek Circle
Mountain Homes Unit II
Mule Deer Way
Navajo County
Navajo County Flood Control District
Navajo County Library District
Palomino Drive
Pine Meadows Country Club Improvement District
Pinedale Domestic Water Improvement District
Porter Creek Domestic Water
Porter Mountain Domestic Water Improvement Distric
Shoreline Drive CRID
Show Low
Show Low Improvement District #5
Show Low Improvement District #6
Silver Creek County Road
Silver Creek Flood Control District
Sky High Domestic Water
Snowflake USD
Soaring Eagle CRID
Sweeping Vista
Timberlake Pines CRID
Timberland Acres Special Road District
White Mountain Lake Fire District
White Mountain Summer Home Water Improvement Dist

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Wild Cat Way
Wild Horse Road No. 1
Winslow IDA
Woodruff Irrigation District

other
Central Arizona Water Conservation District
Salt River Project
Pima
Ajo-Lukeville Health Services District
Altar Valley ESD
Cimarron Hills Improvement District
Corona de Tucson Fire District
Cortaro Marana Irrigation District
Country Club Estates 2
Dove Mountain Resort Community Facilities District
Empire ESD
Flowing Wells Irrigation District
Green Valley Domestic Water Improvement District
Heritage Hills Fire District
La Canada Fire District
Marana Water Improvement District
No. 1st Avenue Sewer District
No. La Cholla Sewer District
Oro Valley
Pima County Flood Control District
Pima County Library District
Pima County Mobile Home Relocation District
Redhawk Canyon Community Facilities District #1
Redhawk Canyon Community Facilities District #2
Redington ESD
Rio Nuevo Multipurpose Facilities District
Sabino Vista Fire District
Sahuarita
San Fernando ESD
Silverbell Irrigation & Drainage District
South Tucson IDA
Tanque Verde ESD
Vail ESD
Why Fire District

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Pinal
Apache Villa III IV & Clearview Lighting District
Apache Villa IIIA Lighting District
Apache Villa Lighting District
Apache Villa V Lighting District
Arizona City Improvement District
Casa Grande IDA
Cottonwood Gardens Lighting District
Desert Vista Lighting District
Desert Vista Sanitary District
Dudleyville Fire District
Electrical District #2
Florence Flood Control District
Florence IDA
Grand Buttes Fire District
Hohokam Irrigation & Drainage District
Ironwood Manor Lighting District
Magma Flood Control District
Mammoth
Mammoth-San Manuel USD
Maricopa Domestic Water Improvement District
Maricopa Road Improvement District
Maricopa Rural Road Improvement District
Midway Flood Control District
Oracle ESD
Oracle Sanitary District
Papago Butte Domestic Water Improvement District
Papago Butte Irrigation Water Delivery District
Pinal County Flood Control District
Queen Creek Domestic Water Improvement District
Red Rock ESD
Stanfield Flood Control District
Superstition Lighting District
Superstition Mountains Community Facilities Distri
Thunderbird Farms Improvement District
Thunderbird Irrigation District #2
Thunderbird Irrigation District #3
Toltec ESD
Villa Grande Improvement District

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Villa Grande Lighting District

Santa Cruz
Nogales Unified School District
Patagonia ESD
Patagonia UHSD
Santa Cruz County IDA
Santa Cruz ESD
Sonoita ESD
State
Arizona Expo & State Fair
Arizona Game and Fish
Arizona Historical Society
Arizona Power Authority
Automobile Theft Authority
Board for Private Postsecondary Education
Board of Accountancy
Board of Appraisal
Board of Behavioral Health Examiners
Board of Funeral Director's & Embalmers
Board of Medical Examiners
Board of Nursing Care Institution Administrators
Board of Optometry
Board of Physical Therapy Examiners
Board of Psychologist Examiners
Board of Regents
Board of Tax Appeals
Commission on Judicial Conduct
Commission on the Arts
Commission on Uniform State Laws
Corporation Commission
Department of Agriculture
Department of Emergency and Military Affairs
Department of Mines and Mineral Resources
Department of Revenue
Law Enforcement Merit System Council
Naturopathic Physician's Board of Medical Exam
Navaigable Stream Adjudication Commission
Office of Equal Opportunity
Office of the Governor

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Ombusdsman/Citizens' Aide
Personnel Board
Public Safety Personnel Retirement System
Residential Utility Consumer Office
State Banking Department
State Compensation Fund
Water Infrastructure Finance Authority

Yavapai
Ash Fork Street Lighting District
Bagdad USD
Big Park #1979
Camp Verde Sanitary District
Canon ESD
Central Yavapai Hospital District
Champie ESD
Chino Valley Irrigation District
Congress Domestic Water Improvement District
Coyote Springs Road Improvement District
Crown King ESD
Diamond Valley Road Improvement District
Granite Gardens Sanitary District
Hassayampa Coummunity Facilities District
Highland Pines
Hillside ESD
Kirkland ESD
Peeples Valley Fire District
Pine Valley Road Improvement District
Prescott East Sanitary District
Prescott IDA
Prescott Valley
Prescott Valley Water District
Pronghorn Ranch Community Facilities District
Sedona-Oak Creek USD
Seligman Sanitary District
Seligman Street Lighting District
Skull Valley ESD
Stone Ridge Community Facilities District
Sunup Ranch Road Improvement District
Walnut Grove ESD

TABLE 47
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Williamson Valley ESD
Yarnell ESD
Yarnell Fire District
Yarnell Street Lighting District
Yavapai County Flood Control District
Yavapai County Jail District
Yavapai County Library District

Yuma
Arizona Western College
Del Sur Estate Improvement District
Donovan Estates Improvement District
El Prado Estates Improvement District
Gila Valley Anti-Noxious Weed District
Hillander "C" Irrigation District
Hyder esd
Hyder Valley Irrigation Water Delivery District
Mohawk Valley ESD
North Gila Valley Irrigation District
Wellton-Mohawk Anti-Noxious Weed District
Wellton-Mohawk Irrigation & Drainage District
Yuma
Yuma County Citrus Pest Control District
Yuma County Hospital District #1
Yuma County Improvement District
Yuma County Jail District
Yuma County Pest Abatement District
Yuma Irrigation District
Yuma-Mesa Irrigation & Drainage District

SECTION FIVE
NON REPORTING POLITICAL SUBDIVISIONS

TABLE 48
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

Agency
Arizona Research Park Authority

Yes

Miami

Yes

City
City IDA
Buckeye IDA

No

Glendale IDA

Yes

Peoria IDA

Yes

Willcox IDA

No

Apache County IDA

No

County IDA
Gila County IDA

Yes

Navajo County IDA

Yes

Pinal County IDA

Yes

Special District
Aguila Irrigation District

No

American Ranch Domestic Water Improvement

No

American Ranch Sanitary District

No

Arizona City Fire District

No

Big Park Domestic Water Improvement District

No

Black Canyon City Water Improvement District

Yes

Bullhead City Sanitary District

No

Central/Jackson Heights Fire District

No

Chandler Heights Citrus Irrigation District

No

Cibola Valley Irrigation District

No

Colorado City Fire District

No

Creekside Sanitary District

Yes

East Verde Park Fire District

No

Electrical District #4

No

Electrical District #5

No

Electrical District #6

No

Gila Valley Irrigation District

No

Groves at Superstition Ranch

No

Harquahala Valley Fire District

Yes

Harquahala Valley Irrigation District

No

Harquahala Valley Power District

No

Heber Overgaard Sanitary District

No

TABLE 48
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

Hidden Valley Fire District

No

High Valley Ranch Domestic Wastewater Impro

No

I.C.R. Sanitary District

No

Joseph City Fire District

No

Joseph City Water District

Yes

Los Olivos #1

No

Maricopa Fire District

No

Maricopa Flood Control District

No

Mayer Fire District

No

Mesa del Caballo Fire District

No

Moccasin Domestic Water Improvement District

No

Mount Lemmon Fire District

No

Myrtle Park Irrigation Water Delivery District

No

North Ranch/Linda Vista Fire District

No

Oatman Fire District

Yes

Ocotillo Water Conservation District

No

Patio del Sol Improvement District

No

Pima Rural Fire District

No

Pollution Control Corporation of Cochise County

No

Pollution Control Corporation of Maricopa Count

No

Puerco Valley Fire District

Yes

Quail Ridge Domestic Water Improvement Distri

No

Queen Creek Improvement District

No

Rancho Solano Improvement District

No

Rio Verde Fire District

No

Rose Lane Irrigation Water Delivery District

No

Safford Rural Fire District

No

San Pedro Valley Hospital District

Yes

San Simon Fire District

No

Seligman Fire District

No

Seven Ranches Domestic Water Improvement

Yes

Show Low Fire District

No

Southland Unit I & II Irrigation Water & Drainage

No

Stanfield Fire District

No

Thunderbird #1 Water Delivery District

No

Tonto Village Fire District

No

Topock/Golden Shores Sanitary District

No

TABLE 48
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

Truxton Fire District

No

Tucson Country Club Estates Fire District

No

Unit B Irrigation District

No

Wenden Fire District

No

Western Meadows Irrigation District

No

Whitcomb's Roundup Ranchose #42

No

White Mountain Lake Road II

No

Williams Hospital District

No

Woodruff Fire District

No

Yucca Fire District

No

TABLE 49
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

City
Miami

No

Buckeye IDA

No

Eloy IDA

No

Glendale IDA

No

Goodyear IDA

No

Huachuca City IDA

No

Peoria IDA

No

Show Low IDA

No

Sierra Vista IDA

No

Tucson IDA

No

Willcox IDA

No

Yuma

No

City IDA

County IDA
Apache County IDA

Yes

Gila County IDA

Yes

Navajo County IDA

Yes

Pima County IDA

No

Pinal County IDA

No

Yuma County IDA

No

School District
Avondale ESD

Yes

Beaver Creek Esd

No

Bicentennial UHSD

No

Blue ESD

No

Blue Ridge USD
Bonita ESD
Buckeye UHSD

Yes
No
Yes

Bullhead City ESD

No

Colorado City USD

Yes

Duncan USD

No

Forrest ESD

No

Gila Bend USD

Yes

Glendale ESD

Yes

Grand Canyon USD

Yes

Hayden-Winkelman USD

Yes

TABLE 49
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Humboldt USD

No

Laveen ESD

No

Littlefield ESD

Yes

Mary C O'Brien Accomodation District

Yes

Miami USD

Yes

Pima Accomodation District
Pine/Strawberry ESD
Pinon USD
Ray USD
Sacaton ESD

No
Yes
No
Yes
No

Santa Cruz Valley UHSD

Yes

Seligman USD

Yes

Topock ESD

No

Tuba City USD

No

Vernon ESD

Yes

Victory High

No

Williams USD

Yes

Window Rock USD

No

Yuma County Accomodation School

No

Aguila Irrigation District

No

American Ranch Domestic Water Improvement

No

American Ranch Sanitary District

No

Arizona City Fire District

No

Big Park Domestic Water Improvement District

No

Black Canyon City Water Improvement District

Yes

Special District

Bullhead City Sanitary District

No

Central Arizona Irrigation & Drainage District

No

Central/Jackson Heights Fire District

No

Chandler Heights Citrus Irrigation District

No

Cibola Valley Irrigation District

No

Colorado City Fire District

No

Creekside Sanitary District

Yes

East Verde Park Fire District

No

Electrical District #4

No

Electrical District #5

No

Electrical District #6

No

TABLE 49
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Franklin Irrigation District

No

Gila Valley Irrigation District

No

Groves at Superstition Ranch

No

Harquahala Valley Fire District

Yes

Harquahala Valley Irrigation District

No

Harquahala Valley Power District

No

Heber Overgaard Sanitary District

No

Hidden Valley Fire District

No

High Valley Ranch Domestic Wastewater Impro

No

I.C.R. Sanitary District

No

Iron Springs Sanitary District

No

Joseph City Fire District

No

Joseph City Water District

Yes

Los Olivos #1

No

Maricopa Fire District

No

Maricopa Flood Control District

No

Maricopa/Stanfield Improvement District

No

Mayer Fire District

No

Mesa del Caballo Fire District

No

Moccasin Domestic Water Improvement District

No

Mount Graham Hospital District

No

Mount Lemmon Fire District

No

Myrtle Park Irrigation Water Delivery District

No

New Magma Irrigation & Drainage District

No

North Ranch/Linda Vista Fire District

No

Oatman Fire District

Yes

Ocotillo Water Conservation District

No

Patio del Sol Improvement District

No

Pima Rural Fire District

No

Pollution Control Corporation of Cochise County

No

Pollution Control Corporation of Maricopa Count

No

Ponderosa Park Domestic Water Improvement

No

Puerco Valley Fire District

Yes

Quail Ridge Domestic Water Improvement Distri

No

Queen Creek Improvement District

No

Queen Valley Sanitary District

No

Rancho Solano Improvement District

No

Rio Rico Fire District

Yes

TABLE 49
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Rio Verde Fire District

No

Rose Lane Irrigation Water Delivery District

No

Safford Rural Fire District

No

San Pedro Valley Hospital District

Yes

San Simon Fire District

No

Seligman Fire District

No

Seven Ranches Domestic Water Improvement

Yes

Show Low Fire District

No

Southland Unit I & II Irrigation Water & Drainage

No

Stanfield Fire District

No

Thunderbird #1 Water Delivery District

No

Tonto Village Fire District

No

Topock/Golden Shores Sanitary District

No

Truxton Fire District

No

Tucson Country Club Estates Fire District

No

Unit B Irrigation District

No

Wenden Fire District

No

Wenden Water District

No

Western Meadows Irrigation District

No

Whitcomb's Roundup Ranchose #42

No

White Mountain Lake Road II

No

Williams Hospital District

No

Woodruff Fire District

No

Yucca Fire District

No

Yuma County Library District

Yes

State
AHCCCS

No

Arizona Board of Dental Examiners

No

Arizona Boxing Commission

No

Arizona Capitol Museum

No

Arizona Commission on Indian Affairs

No

Arizona Health Facilities Authority

No

Arizona Pioneer's Home

No

Arizona Power Authority

No

Arizona Research Park Authority

No

Arizona State Library, Archives and Public Reco

No

Arizona State Mine Inspector

No

TABLE 49
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Arizona State Retirement System

No

Arizona State Senate

No

Board of Chiropractic Examiners

No

Board of Cosmetology

No

Board of Dispensing Opticians

No

Board of Equalization

No

Board of Examiners of Nursing Care Inst. Admin

No

Board of Executive Clemency

No

Board of Homeopathic Medical Examiners

No

Board of Occupational Therapy Examiners

No

Board of Pharmacy

No

Board of Podiatry Examiners

No

Board of Respiratory Care Examiners

No

Board of Technical Registration

No

Comission for the Deaf and Hard of Hearing

No

Commission for Postsecondary Education

No

Court of Appeals Div I

No

Court of Appeals Div II

No

Department of Commerce

No

Department of Game and Fish

No

Department of Gaming

No

Department of Insurance

No

Department of Liquor Licenses and Control

No

Department of Racing

No

Department of Weights and Measures

No

Disease Control Research Commission

No

Geological Survey

No

GITA

No

Hall of Fame Museum

No

Joint Legislative Budget Committee

No

Leislative Council

No

Office of Administrative Hearing

No

Office of the Attorney General

No

Office of the Auditor General

No

Osteopathic Board

No

Peace Officer Standards and Training Board

No

Radiation Regulatory Agency

No

School for the Deaf and Blind

No

TABLE 49
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Secretary of State

No

Sharlot Hall Museum

No

Sherwood Forest Estates Fire District

No

State Banking Department

No

State Board for Charter Schools

Yes

State Dental Board

No

State Parks Board

No

Structural Pest Control Commission

No

Treasurer's Office

No

Uniform Laws Commission

No

University of Arizona Cooperative Extension

No

Veterinary Medical Examining Board

No