FY 2005/06 REPORT OF INDEBTEDNESS Janet Napolitano Governor Gale Garriott Director, Arizona Department of Revenue December 2006 EXECUTIVE SUMMARY Outstanding bonded indebtedness as of June 30, 2006 in Arizona, as reported by cities and towns, counties, community colleges, school districts, state agencies, universities, special districts and other political subdivisions was $29.764 billion. This figure represents principal only; no interest is included in the $29.764 billion total. In FY 2004/05, the total bonded indebtedness reported for the political subdivisions referenced above was $27.011 billion. Throughout FY 2005/06, $6.065 billion in new debt was reported by Arizona political subdivisions. Of the $6.065 billion in new debt, $859.1 million 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. PER CENT OF NEW DEBT (INCLUDING NEW REFUNDING BONDS) BY COUNTY APA 0.0% COCO 0.8% MOH 2.2% NAV 0.8% STATE AGENCIES/ OTHER 27.9% YAV 0.8% LP 0.0% GILA 0.0% MAR 56.0% GRE 0.0% PIN 4.7% GRA 0.2% YUMA 2.9% PIMA 3.2% COCH 0.2% SC 0.4% 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 $29.037 billion. The total amount outstanding was $6.582 billion. BONDED INDEBTEDNESS REPORTED BY POLITICAL SUBDIVISIONS FOR FY2006 AND FY2005 $14,000.0 FY2006 FY2005 $12,000.0 $10,000.0 $8,000.0 millions $6,000.0 $4,000.0 $2,000.0 $0.0 Counties Cities/Towns Community 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 2005/06, 428 political subdivisions reported bonded indebtedness out of the 935 that submitted reports. In FY 2004/05, 402 political subdivisions reported bonded indebtedness out of the 905 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 $670.9 million for all reporting subdivisions in FY 2005/06. There were 343 political subdivisions and agencies reporting these types of contracts. (There were 490 political subdivisions and agencies that reported no lease purchase or third party contracts in FY 2004/05.) In FY 2004/05, $626.7 million in outstanding lease purchase and third party contracts was reported by 327 political subdivisions and agencies. (There were 512 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. SB1162, Chapter 156, second regular session, 2006, exempted industrial development authorities of their reporting responsibilities to the Commission effective with FY2005/06. TOTAL LEASE PURCHASE AND THIRD PARTY CONTRACT DEBT FOR POLITICAL SUBDIVISIONS AND STATE AGENCES IN FISCAL YEAR 2006 AND 2005 $220.0 $200.0 $180.0 $160.0 $140.0 Million $120.0 $100.0 FY2006 FY2005 $80.0 $60.0 $40.0 $20.0 Yuma Yavapai State Agencies/Other 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. Not included in the following table are Impact Aid revenue bonds which are currently issued by seven school districts. Detail of the Impact Aid revenue bonds is included in the school district section. 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 2005/06 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 2006 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS LOCATION JURISDICTION ORIGINAL PRINCIPAL PRINCIPAL RETIRED THROUGH FY 2006* PRINCIPAL REFUNDED THROUGH FY 2006* OUTSTANDING PRINCIPAL AS OF JUNE 30, 2006 Apache County City $1,976,045 $1,376,916 $0 $599,129 $745,000 $2,350,000 $0 $5,100,000 School District $3,200,000 $2,300,000 $0 $900,000 Special District $2,520,000 $1,380,000 $0 $1,140,000 $0 $7,739,129 $49,570,723 County Total Bonded Indebtedness for all Jurisdictions in Apache $7,406,916 Cochise County City $67,059,505 $17,488,782 $0 Community College $3,000,000 $2,185,000 $0 $815,000 County $9,500,000 $1,335,000 $0 $8,165,000 School District $47,215,000 $24,830,000 $0 $22,385,000 Special District $3,770,000 $2,140,000 $0 $1,630,000 $47,978,782 $0 $82,565,723 $136,596,963 Total Bonded Indebtedness for all Jurisdictions in Cochise Coconino County City $186,418,416 $36,588,387 $9,060,000 Community College $25,000,000 $4,545,000 $0 $20,455,000 County School District $30,650,000 $96,025,000 $12,470,000 $63,700,000 $0 $875,000 $18,180,000 $31,450,000 Special District $41,765,623 $19,274,579 $0 $22,376,250 $136,577,966 $9,935,000 $229,058,213 $87,117,000 $4,994,016 $1,186,000 $11,936,984 $3,245,000 $1,200,000 $0 $2,045,000 School District $16,390,000 $4,620,000 $0 $11,680,000 Special District $383,300 $170,412 $0 $212,888 $1,186,000 $25,874,872 Total Bonded Indebtedness for all Jurisdictions in Coconino Gila County City County Total Bonded Indebtedness for all Jurisdictions in Gila $10,984,428 Graham County City $30,895,000 $5,725,179 $630,000 $24,539,821 Community College $0 $0 $0 $0 County $0 $0 $0 $0 School District $20,950,000 $10,025,000 $0 $10,925,000 Special District $0 $0 $0 $0 $630,000 $35,464,821 Total Bonded Indebtedness for all Jurisdictions in Graham $15,750,179 *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 2006 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS LOCATION JURISDICTION ORIGINAL PRINCIPAL PRINCIPAL RETIRED THROUGH FY 2006* PRINCIPAL REFUNDED THROUGH FY 2006* OUTSTANDING PRINCIPAL AS OF JUNE 30, 2006 Greenlee County City $1,095,000 $257,332 $0 $837,668 County $2,750,000 $2,150,000 $0 $600,000 School District $8,775,000 $3,035,000 $0 $5,740,000 Special District $0 $0 $0 $0 $0 $7,177,668 $11,463,947 Total Bonded Indebtedness for all Jurisdictions in Greenlee $5,442,332 La Paz County City $15,357,500 $3,893,553 $0 $0 $0 $0 $0 $4,200,000 $2,255,000 $0 $1,945,000 School District $10,435,000 $1,960,000 $2,410,000 $4,065,000 Special District $1,497,000 $863,000 $0 $634,000 $2,410,000 $18,107,947 Community College County Total Bonded Indebtedness for all Jurisdictions in La Paz $8,971,553 Maricopa County City $13,759,986,215 $1,714,712,458 $1,723,144,545 $10,271,370,191 $642,260,000 $148,620,000 $100,960,000 $392,680,000 County School District $148,710,000 $5,290,914,000 $71,045,000 $1,017,625,088 $0 $1,293,591,912 $77,665,000 $2,979,697,000 Special District $537,128,680 $84,357,476 $4,992,345 $447,778,859 $3,122,688,802 $14,169,191,050 $274,397,277 Community College Total Bonded Indebtedness for all Jurisdictions in Maricopa $3,036,360,022 Mohave County City $339,232,138 $62,644,861 $2,190,000 Community College $12,130,000 $1,110,000 $0 $11,020,000 County $34,520,000 $14,440,000 $0 $20,080,000 School District $157,597,000 $45,572,000 $34,295,000 $71,550,000 Special District $59,918,680 $24,949,163 $0 $34,729,031 $148,716,024 $36,485,000 $411,776,308 Total Bonded Indebtedness for all Jurisdictions in Mohave Navajo County City $43,568,568 $14,377,901 $3,005,000 $26,185,667 Community College $11,425,000 $6,080,000 $0 $5,345,000 $7,320,000 $1,405,000 $0 $5,915,000 School District $88,208,000 $21,795,000 $12,140,000 $54,273,000 Special District $22,831,369 $8,958,512 $0 $13,872,857 $15,145,000 $105,591,524 County Total Bonded Indebtedness for all Jurisdictions in Navajo $52,616,413 *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 2006 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS LOCATION JURISDICTION ORIGINAL PRINCIPAL PRINCIPAL RETIRED THROUGH FY 2006* PRINCIPAL REFUNDED THROUGH FY 2006* OUTSTANDING PRINCIPAL AS OF JUNE 30, 2006 Pima County City $1,664,436,259 $189,711,760 $363,196,650 Community College $160,580,000 $91,760,000 $5,100,000 $1,111,527,849 $63,720,000 County $725,746,967 $224,259,894 $5,785,000 $495,702,073 School District $829,055,000 $185,074,972 $248,255,028 $395,725,000 Special District $271,668,151 $55,103,831 $0 $214,564,320 $622,336,678 $2,281,239,242 $30,083,887 Total Bonded Indebtedness for all Jurisdictions in Pima $745,910,457 Pinal County City $53,170,032 $23,086,145 $0 Community College $10,500,000 $1,755,000 $0 $8,745,000 County $177,275,000 $12,575,000 $0 $164,700,000 School District Special District $181,968,465 $195,307,720 $41,945,465 $28,654,325 $18,020,000 $62,115,000 $122,003,000 $104,538,395 $108,015,935 $80,135,000 $430,070,282 Total Bonded Indebtedness for all Jurisdictions in Pinal Santa Cruz County City $43,363,776 $4,177,682 $4,015,000 $35,171,094 County School District $0 $26,790,000 $0 $15,050,000 $0 $1,140,000 $0 $10,600,000 Special District $0 $0 $0 $0 $5,155,000 $45,771,094 Total Bonded Indebtedness for all Jurisdictions in Santa Cruz $19,227,682 Statewide District Other State Agency or University $5,936,097,336 $1,459,354,037 $1,482,813,100 $2,993,930,199 $11,207,486,568 $1,617,255,692 $1,383,010,000 $8,207,220,876 $2,865,823,100 $11,201,151,075 $34,088,000 $0 $210,309,229 $60,360,000 Total Bonded Indebtedness for all Jurisdictions in Statewide District $3,076,609,729 Yavapai County City Community College County $294,060,851 $78,130,000 $49,663,622 $17,770,000 $9,000,000 $9,000,000 $0 $0 School District $115,000,000 $41,235,000 $18,700,000 $55,065,000 Special District $93,613,485 $15,077,141 $1,851,636 $77,684,708 $132,745,763 $54,639,636 $403,418,937 Total Bonded Indebtedness for all Jurisdictions in Yavapai *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 2006 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS LOCATION JURISDICTION ORIGINAL PRINCIPAL PRINCIPAL RETIRED THROUGH FY 2006* PRINCIPAL REFUNDED THROUGH FY 2006* OUTSTANDING PRINCIPAL AS OF JUNE 30, 2006 Yuma County City $184,913,520 $20,626,049 $7,250,000 $157,037,471 Community College $30,845,000 $6,765,000 $0 $24,080,000 County $28,805,000 $8,599,000 $0 $20,206,000 School District $137,150,000 $30,649,792 $27,770,000 $78,730,208 Special District $40,570,802 $11,080,995 $0 $29,489,807 $77,720,836 $35,020,000 $309,543,486 $7,631,035,017 $6,851,589,216 $29,763,741,371 Total Bonded Indebtedness for all Jurisdictions in Yuma GRAND TOTAL $44,373,217,971 *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. 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 27 Table 3 Community College Indebtedness ............................................................. Page 29 SCHOOL DISTRICT ......................................................................................................... Page 31 Table 4 Apache County School District Indebtedness ............................................ Page 35 Table 5 Cochise County School District Indebtedness ........................................... Page 37 Table 6 Coconino County School District Indebtedness ......................................... Page 40 Table 7 Gila County School District Indebtedness .................................................. Page 42 Table 8 Graham County School District Indebtedness ........................................... Page 43 Table 9 Greenlee County School District Indebtedness ......................................... Page 44 Table 10 La Paz County School District Indebtedness ........................................... Page 45 Table 11 Maricopa County School District Indebtedness ....................................... Page 46 Table 12 Mohave County School District Indebtedness ......................................... Page 54 Table 13 Navajo County School District Indebtedness ........................................... Page 56 Table 14 Pima County School District Indebtedness .............................................. Page 58 Table 15 Pinal County School District Indebtedness .............................................. Page 59 Table 16 Santa Cruz County School District Indebtedness .................................... Page 61 Table 17 Yavapai County School District Indebtedness ......................................... Page 62 Table 18 Yuma County School District Indebtedness............................................. Page 65 Table 19 Outstanding Bonded Indebtedness by School District ............................. Page 67 SPECIAL DISTRICTS....................................................................................................... Page 71 Table 20 Apache County Special District Indebtedness ......................................... Page 73 Table 21 Cochise County Special District Indebtedness ........................................ Page 75 Table 22 Coconino County Special District Indebtedness ...................................... Page 77 Table 23 Gila County Special District Indebtedness ............................................... Page 80 Table 24 Graham County Special District Indebtedness ........................................ Page 82 Table 25 Greenlee County Special District Indebtedness....................................... Page 83 TABLE OF CONTENTS Table 26 La Paz County Special District Indebtedness .......................................... Page 84 Table 27 Maricopa County Special District Indebtedness....................................... Page 85 Table 28 Mohave County Special District Indebtedness......................................... Page 93 Table 29 Navajo County Special District Indebtedness .......................................... Page 96 Table 30 Pima County Special District Indebtedness ........................................... Page 100 Table 31 Pinal County Special District Indebtedness ........................................... Page 103 Table 32 Santa Cruz County Special District Indebtedness ................................. Page 107 Table 33 Yavapai County Special District Indebtedness ...................................... Page 108 Table 34 Yuma County Special District Indebtedness .......................................... Page 111 STATE AGENCIES AND UNIVERSITIES...................................................................... Page 113 Table 35 State Agency and University Indebtedness ........................................... Page 115 OTHER JURISDICTIONS ............................................................................................... Page 123 Table 36 Other Jurisdictions’ Indebtedness .......................................................... Page 125 SECTION TWO – NEW ISSUES FY 2005/06 NEW ISSUES ................................................................................................. Page 129 Table 37 County Indebtedness.............................................................................. Page 131 Table 38 City/Town Indebtedness ......................................................................... Page 132 Table 39 Community College Indebtedness ......................................................... Page 134 Table 40 School District Indebtedness.................................................................. Page 135 Table 41 Special District Indebtedness ................................................................. Page 137 Table 42 State Agency, Universities and Other Indebtedness.............................. Page 138 SECTION THREE – LEASE PURCHASES LEASE PURCHASES/THIRD PARTY FINANCING CONTRACTS.................................. Page 141 Table 43 Lease Purchase/Third Party Financing Contracts.................................. Page 143 Table 44 Jurisdictions reporting No Lease Purchase/Third Party Financing ........ Page 154 SECTION FOUR – NON REPORTING POLITICAL SUBDIVISIONS Table 45 Jurisdictions Who Failed to Submit Bond Reports ................................. Page 171 Table 46 Jurisdictions Who Failed to Submit Lease Purchase Reports ............... Page 174 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, 2005 through June 30, 2006 (hereafter referred to as FY 2005/06), 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. SB1162, Chapter 156, second regular session, 2006, exempted industrial development authorities of their reporting responsibilities to the Commission effective with FY2005/06. This report is divided into four main sections: a summary of outstanding debt by jurisdiction; new debt issued during FY 2005/06; 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 $29.764 billion. Section Two provides information on new debt issued during FY 2005/06. This information is summarized for counties, cities/towns, community colleges, school districts, special districts, agencies universities and other entities. Highlights are provided for each subsection. 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 summary of the Lease Purchase/Third Party Contract information collected for FY 2005/06. 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. Section Four lists political subdivisions that failed to submit a Report of Bonded Indebtedness or Lease Purchase/Third Party Financing Report for FY 2005/06. 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 2005 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, electric light or power systems, water or sewer systems or stadiums. 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. 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. Return to Table of Contents SECTION ONE FY 2005/06 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. Twelve counties have reported outstanding debt totaling $820.3 million at the end of FY 2005/06. Detail of the outstanding debt reported by the counties can be found in Table 1. Four types of debt have been reported: 9 $233.4 million in general obligation debt, reported by two counties; 9 $406.1 million in revenue bonds, reported by five counties; 9 $76.7 million in certificates of participation, reported by seven counties; and 9 $104.1 million in municipal property corporation debt, reported by two counties. During FY 2005/06, $106.3 million of outstanding principal was retired or refunded by counties. Yavapai County paid off all remaining debt during FY 2005/06. Graham County and Santa Cruz County reported 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 Pinal Maricopa Yuma Mohave Coconino Cochise Navajo Apache OUTSTANDING DEBT $495,702,073 $164,700,000 $77,665,000 $20,206,000 $20,080,000 $18,180,000 $8,165,000 $5,915,000 $5,100,000 COUNTY Gila La Paz Greenlee Graham Santa Cruz Yavapai OUTSTANDING DEBT $2,045,000 $1,945,000 $600,000 $0 $0 $0 Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2006. However, the year-end balances should reflect any July 1, 2006 payments if the payment amount has been deposited into a dedicated fund for the payment of principal. GENERAL OBLIGATION DEBT Apache and Pima 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. COUNTY DEBT LIMITATION DEBT % OF DEBT LIMIT USED Apache Pima $46,465,347 $907,642,506 $2,075,000 $231,310,000 4.5% 25.5% REVENUE BONDS Maricopa, Navajo, Pima, Pinal and Yavapai Counties have outstanding revenue bonds, which are considered county debt but are not subject to a limitation. The outstanding balance in revenue bonds at the end of FY 2005/06 was $406.1 million, after payments totaling $52.7 million during the fiscal year. CERTIFICATES OF PARTICIPATION Apache, Cochise, Coconino, La Paz, Maricopa, Mohave and Yuma Counties reported certificates of participation. The outstanding balance in certificates of participation at the end of FY 2005/06 was $76.7 million, after retiring and refunding $12.6 million during the fiscal year. MUNICIPAL PROPERTY CORPORATION DEBT Gila, Greenlee and Pinal Counties have reported municipal property corporation debt. The outstanding balance at the end of FY 2005/06 was $104.1 million. A total of $4.6 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, Pinal County has the most debt per capita, as can be seen on the following table. COUNTY Pinal Pima Coconino Mohave Yuma La Paz Greenlee Apache Cochise Navajo Gila Maricopa Yavapai Graham Santa Cruz PER CAPITA DEBT $668.82 $517.14 $139.78 $108.07 $99.72 $91.96 $72.25 $69.18 $56.76 $53.82 $37.54 $21.28 $0.00 $0.00 $0.00 The population measure used to calculate per capita debt is the July 1, 2005 Department of Economic Security estimate. Return to Table of Contents TABLE 1 COUNTY FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COUNTY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED $46,465,347 $2,075,000 Apache Certificate of Participation General Obligation Totals for Apache 1 1 2 $4,450,000 $3,000,000 $7,450,000 $470,000 $450,000 $920,000 $955,000 $475,000 $1,430,000 $3,025,000 $2,075,000 $5,100,000 Certificate of Participation Totals for Cochise 1 1 $9,500,000 $9,500,000 $785,000 $785,000 $550,000 $550,000 $8,165,000 $8,165,000 Certificate of Participation Totals for Coconino 2 2 $30,650,000 $30,650,000 $10,550,000 $10,550,000 $1,920,000 $1,920,000 $18,180,000 $18,180,000 Municipal Property Corp Totals for Gila 1 1 $3,245,000 $3,245,000 $1,010,000 $1,010,000 $190,000 $190,000 $2,045,000 $2,045,000 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 $1,845,000 $1,845,000 $305,000 $305,000 $600,000 $600,000 Certificate of Participation Totals for La Paz 2 2 $4,200,000 $4,200,000 $1,550,000 $1,550,000 $705,000 $705,000 $1,945,000 $1,945,000 Certificate of Participation Revenue Totals for Maricopa 1 2 3 $6,975,000 $141,735,000 $148,710,000 $1,475,000 $40,590,000 $42,065,000 $385,000 $28,595,000 $28,980,000 $5,115,000 $72,550,000 $77,665,000 Certificate of Participation Totals for Mohave 3 3 $34,520,000 $34,520,000 $9,525,000 $9,525,000 $4,915,000 $4,915,000 $20,080,000 $20,080,000 Revenue Totals for Navajo 1 1 $7,320,000 $7,320,000 $1,140,000 $1,140,000 $265,000 $265,000 $5,915,000 $5,915,000 Cochise Coconino Gila Graham Greenlee La Paz Maricopa Mohave Navajo TABLE 1 COUNTY FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COUNTY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED $907,642,506 $231,310,000 Pima General Obligation Revenue Totals for Pima 8 15 23 $360,255,000 $365,491,967 $725,746,967 $92,985,000 $79,296,935 $172,281,935 $35,960,000 $21,802,959 $57,762,959 $231,310,000 $264,392,073 $495,702,073 Pinal Municipal Property Corp Revenue Totals for Pinal 3 $114,055,000 $8,465,000 $4,110,000 $101,480,000 1 4 $63,220,000 $177,275,000 $0 $8,465,000 $0 $4,110,000 $63,220,000 $164,700,000 Totals for Santa Cruz 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Totals for Yavapai 1 1 $9,000,000 $9,000,000 $6,937,500 $6,937,500 $2,062,500 $2,062,500 $0 $0 Certificate of Participation Totals for Yuma 4 4 $28,805,000 $28,805,000 $5,490,000 $5,490,000 $3,109,000 $3,109,000 $20,206,000 $20,206,000 Certificate of Participation General Obligation Municipal Property Corp Revenue 14 9 5 20 $119,100,000 $363,255,000 $120,050,000 $586,766,967 $29,845,000 $93,435,000 $11,320,000 $127,964,435 $12,539,000 $36,435,000 $4,605,000 $52,725,459 $76,716,000 $233,385,000 $104,125,000 $406,077,073 Grand Totals: 48 $1,189,171,967 $262,564,435 $106,304,459 $820,303,073 Santa Cruz Yavapai Yuma Return to Table of Contents 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, 2006, these types of outstanding debt totaled $12.352 billion for cities and towns, a 21.4% increase from the $10.171 billion reported for FY 2004/05. Of the 90 incorporated cities and towns in Arizona, 78 had at least one of these types of debt outstanding at the end of the FY 2005/06, 12 reported no debt. 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, 2006: 9 $3.285 billion in general obligation debt, reported by 32 cities and towns; 9 $5.840 billion in revenue bonds, reported by 65 cities and towns; 9 $117 million in special assessment debt1, reported by 22 cities and towns; 9 $222 million in certificates of participation, reported by 12 cities and towns; and 9 $2.887 billion in debt issued through municipal property corporations, reported by 38 cities and towns. During FY 2005/06, 33 municipalities issued 72 new issues totaling $2.857 billion. Of all the cities and towns with outstanding debt, Phoenix has the most with $6.063 billion while Clifton has the least with $70,000. 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. Nine municipalities with outstanding debt in excess of $150 million account for 88% of all outstanding debt. CITY/TOWN OUTSTANDING DEBT Phoenix $6,062,983,184 Mesa $1,030,044,000 Tucson $978,297,849 Scottsdale $927,445,441 Glendale $626,149,181 Tempe $477,385,000 Gilbert $323,395,000 Chandler $291,234,000 Yuma $154,272,471 Lake Havasu City $144,029,324 Peoria $123,923,480 Bullhead City $111,260,031 Flagstaff $92,841,758 Avondale $83,989,613 Oro Valley $79,810,000 Goodyear $79,636,513 Prescott Valley $64,577,801 Queen Creek $63,686,321 Sedona $60,680,450 Surprise $52,287,311 Cottonwood $42,200,000 Nogales $34,864,279 Prescott $32,175,533 Tolleson $31,245,000 Marana $31,150,000 Buckeye $30,612,808 Safford $23,198,589 El Mirage $22,433,911 Fountain Hills $22,374,683 Williams $22,184,776 Sierra Vista $20,790,000 Page $20,081,534 Kingman $18,785,922 Bisbee $17,295,144 Sahuarita $15,410,000 Winslow $10,978,907 Cave Creek $9,533,766 Quartzsite $8,945,497 Florence $8,675,672 Eloy $7,867,629 Chino Valley $7,665,000 CITY/TOWN OUTSTANDING DEBT Payson $7,075,000 South Tucson $6,860,000 Paradise Valley $6,805,000 Apache Junction $6,600,000 Willcox $6,265,579 Globe $4,861,984 Holbrook $4,839,976 Snowflake $4,173,000 Coolidge $3,811,164 Show Low $3,775,000 Douglas $3,735,000 Guadalupe $3,445,000 Wickenburg $2,760,979 Parker $2,518,450 Camp Verde $2,040,000 San Luis $1,580,000 Superior $1,526,000 Fredonia $1,488,895 Pinetop-Lakeside $1,290,000 Thatcher $1,206,232 Somerton $1,185,000 Taylor $1,128,784 Kearny $1,063,422 Duncan $767,668 Clarkdale $695,000 Tombstone $570,000 Benson $500,000 Casa Grande $480,000 Huachuca City $415,000 Colorado City $322,000 Patagonia $306,815 Springerville $288,589 Jerome $275,445 Eagar $157,552 St. Johns $152,988 Pima $135,000 Clifton $70,000 Mammoth $0 Miami $0 Carefree $0 Dewey-Humboldt $0 Gila Bend $0 Hayden $0 Litchfield Park $0 Maricopa $0 Star Valley $0 Wellton $0 Winkelman $0 Youngtown $0 Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2006. However, the year-end balances will reflect any July 1, 2006 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, 2006 was $3.285 billion, or 26.6% of all outstanding debt. General obligation debt was reported by 32 of the 90 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. No cities that reported general obligation debt exceeded their constitutional debt limits for FY 2005/06. CITY DEBT LIMITATION % OF DEBT DEBT $83,895,704 Buckeye $29,982,803 $552,808 1.8% Cave Creek $29,210,214 $5,415,000 18.5% $514,638,066 $148,440,000 28.8% $1,332,405 $70,000 5.3% $23,969,189 $890,000 3.7% $4,406,414 $7,552 .02% Chandler Clifton Cottonwood Eagar $16,130,000 LIMIT USED Avondale 19.2% CITY DEBT LIMITATION DEBT % OF DEBT LIMIT USED El Mirage $30,070,256 $4,775,000 15.9% Flagstaff $144,736,952 $48,964,064 33.8% $97,547,627 $9,600,000 9.8% Fountain Hills Gilbert $325,459,095 $96,085,000 29.5% Glendale $330,087,718 $175,350,000 53.1% Goodyear Huachuca City $101,758,116 $56,270,000 55.3% $1,578,461 $14,000 0.9% Kearny $1,330,412 $20,000 1.5% Kingman Lake Havasu City $42,895,100 $1,175,000 2.7% $152,148,750 $39,570,608 26% Mesa $759,719,718 $211,150,000 27.8% $45,116,828 $2,940,000 6.5% Payson Peoria $250,762,052 $48,385,000 19.3% Phoenix $2,969,100,958 $1,295,769,203 43.6% Prescott $129,278,815 $9,140,000 7.1% San Luis $8,234,636 $32,000 0.4% $1,231,296,191 $499,365,000 40.6% $1,958,152 $288,589 14.7% Scottsdale Springerville Surprise $155,619,705 $3,157,311 2.0% Tempe $495,150,809 $298,545,000 60.3% $36,554,424 $22,685,000 62.1% $2,581,502 $12,000 0.5% Tucson $707,958,122 $281,489,070 39.8% Willcox $4,578,161 $1,236,000 27% Yuma $95,517,969 $7,535,000 7.9% Tolleson Tombstone Cities retired and refunded $232.7 million in outstanding general obligation principal during the fiscal year. Cities with general obligation debt in excess of $145 million, in order of most to least debt, are: Phoenix, Scottsdale, Tempe, Tucson, Mesa, Glendale, Gilbert, and Chandler. REVENUE BONDS Total outstanding debt from revenue bonds as of June 30, 2006 was $5.840 billion, or 47.3% of total outstanding debt. There were 65 cities and towns with revenue bonds. Cities retired and refunded $261 million in principal in the fiscal year. The cities with revenue bond debt in excess of $220 million, in order of most to least debt, are: Phoenix, Mesa, Tucson, Scottsdale, and Glendale. 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-two cities and towns reported special district or special assessment debt totaling $117 million, or 1% of total outstanding debt. Cities retired and refunded $10 million in special assessment principal in FY 2005/06. The cities with outstanding special assessment debt in excess of $5 million, in order of most to least debt, are: Bullhead City, Kingman, Scottsdale, and Mesa. CERTIFICATES OF PARTICIPATION Twelve cities and towns reported certificates of participation with total outstanding principal on June 30, 2006 of $222 million, or 1.8% of total debt. A total of $31.9 million in principal was retired and refunded in the fiscal year. Only three cities reported certificates of participation debt in excess of $7 million; in order of most to least debt, they are Tucson, Phoenix, and Scottsdale. MUNICIPAL PROPERTY CORPORATION DEBT Municipal property corporation debt was reported in 38 cities and towns for FY 2005/06, with an outstanding balance at the end of the fiscal year of $2.887 billion. This represents 23.4% of total outstanding debt. Cities retired and refunded $68 million in the fiscal year. Outstanding debt amounts ranged from $2.013 billion for Phoenix to $140,000 for Tempe. 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 PER CAPITA DEBT Williams $7,053.98 Tolleson $5,722.53 Sedona $5,549.20 Phoenix $4,173.24 Scottsdale $4,143.43 Queen Creek $4,007.95 Cottonwood $3,885.82 Tempe $2,970.01 Bullhead City $2,911.80 Page $2,824.41 Lake Havasu City $2,695.41 Glendale $2,652.84 Bisbee $2,632.44 Quartzsite $2,484.86 Safford $2,478.48 Mesa $2,277.07 Cave Creek $2,065.82 Oro Valley $2,025.63 Goodyear $1,931.75 Prescott Valley $1,923.39 Tucson $1,846.65 Gilbert $1,816.83 Yuma $1,737.79 Willcox $1,612.76 Nogales $1,597.08 Flagstaff $1,517.39 Buckeye $1,473.19 Fredonia $1,341.35 Avondale $1,270.45 Chandler $1,256.48 South Tucson $1,218.47 Marana $1,165.58 Winslow $1,116.31 Sahuarita $1,101.50 Fountain Hills $968.39 Duncan $953.62 Peoria $902.61 Holbrook $892.16 Snowflake $845.59 Jerome $834.68 Prescott $789.20 Parker $767.82 El Mirage $757.14 Kingman $726.45 Eloy $707.20 Surprise $668.08 Globe $648.70 Guadalupe $635.02 CITY/TOWN PER CAPITA DEBT Chino Valley $621.91 Kearny $486.69 Superior $481.39 Sierra Vista $475.85 Paradise Valley $467.38 Coolidge $465.91 Payson $458.52 Florence $422.59 Wickenburg $418.96 Show Low $381.89 Tombstone $354.04 Patagonia $333.49 Pinetop-Lakeside $309.72 Taylor $275.31 Thatcher $265.11 Huachuca City $226.78 Douglas $217.21 Apache Junction $195.48 Camp Verde $190.12 Clarkdale $188.86 Springerville $139.75 Somerton $121.54 Benson $105.49 Colorado City $78.92 San Luis $68.91 Pima $64.75 St. Johns $39.58 Eagar $35.52 Clifton $28.06 Casa Grande $14.78 Carefree $0.00 Dewey-Humboldt $0.00 Gila Bend $0.00 Hayden $0.00 Litchfield Park $0.00 Mammoth $0.00 Maricopa $0.00 Miami $0.00 Star Valley $0.00 Wellton $0.00 Winkelman $0.00 Youngtown $0.00 The population measure used to calculate per capita debt is from the Department of Economic Security Population Estimates, as of July 1, 2005. Return to Table of Contents TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL $6,320,000 $1,660,000 $7,980,000 $1,075,000 $915,000 $1,990,000 $2,570,000 $4,090,000 $6,660,000 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Apache Junction Municipal Property Corp Revenue Totals for Apache Junction 1 1 2 $9,965,000 $6,665,000 $16,630,000 Avondale 5 $24,985,000 $3,250,000 $5,605,000 $16,130,000 12 17 $105,390,000 $130,375,000 $17,275,756 $20,525,756 $20,254,631 $25,859,631 $67,859,613 $83,989,613 Revenue Totals for Benson 1 1 $500,000 $500,000 $0 $0 $0 $0 $500,000 $500,000 Municipal Property Corp Revenue Totals for Bisbee 1 2 3 $467,056 $17,053,685 $17,520,741 $192,604 $0 $192,604 $32,993 $0 $32,993 $241,459 $17,053,685 $17,295,144 General Obligation Revenue Special Assessment Totals for Buckeye 1 4 1 6 $2,217,808 $27,775,000 $4,435,000 $34,427,808 $1,400,000 $1,095,000 $620,000 $3,115,000 $265,000 $190,000 $245,000 $700,000 $552,808 $26,490,000 $3,570,000 $30,612,808 4 6 10 $68,695,000 $84,141,194 $152,836,194 $15,225,000 $21,466,163 $36,691,163 $2,075,000 $2,810,000 $4,885,000 $51,395,000 $59,865,031 $111,260,031 Revenue Totals for Camp Verde 1 1 $2,040,000 $2,040,000 $0 $0 $0 $0 $2,040,000 $2,040,000 Totals for Carefree 0 0 $0 $0 $0 $0 $0 $0 $0 $0 General Obligation Revenue Totals for Avondale $19,360,547 $5,730,000 $64,535,157 $10,400,000 $6,919,108 $0 $23,063,695 $552,808 Benson Bisbee Buckeye Bullhead City Municipal Property Corp Special Assessment Totals for Bullhead City Camp Verde Carefree TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Casa Grande Special Assessment Totals for Casa Grande 1 1 $1,030,000 $1,030,000 $445,000 $445,000 $105,000 $105,000 $480,000 $480,000 Certificates of Participation General Obligation Revenue Special Assessment Totals for Cave Creek 2 2 $2,700,000 $11,860,000 $275,000 $5,865,000 $160,000 $580,000 $2,265,000 $5,415,000 1 1 6 $2,700,000 $810,000 $18,070,000 $874,985 $600,000 $7,614,985 $141,249 $40,000 $921,249 $1,683,766 $170,000 $9,533,766 Certificates of Participation General Obligation Revenue Special Assessment Totals for Chandler 2 28 25 2 57 $20,150,000 $199,485,000 $224,915,000 $1,905,000 $446,455,000 $10,815,000 $34,485,000 $73,125,000 $571,500 $118,996,500 $9,335,000 $16,560,000 $10,215,000 $114,500 $36,224,500 $0 $148,440,000 $141,575,000 $1,219,000 $291,234,000 Revenue Totals for Chino Valley 1 1 $7,740,000 $7,740,000 $0 $0 $75,000 $75,000 $7,665,000 $7,665,000 Municipal Property Corp Revenue Totals for Clarkdale 1 1 2 $665,000 $400,000 $1,065,000 $300,000 $25,000 $325,000 $20,000 $25,000 $45,000 $345,000 $350,000 $695,000 General Obligation Totals for Clifton 1 1 $295,000 $295,000 $210,000 $210,000 $15,000 $15,000 $70,000 $70,000 Revenue Totals for Colorado City 1 1 $602,000 $602,000 $221,000 $221,000 $59,000 $59,000 $322,000 $322,000 Certificates of Participation Revenue Totals for Coolidge 1 1 2 $3,795,000 $600,000 $4,395,000 $250,000 $136,293 $386,293 $145,000 $52,543 $197,543 $3,400,000 $411,164 $3,811,164 Cave Creek $6,740,819 $0 $22,469,395 $5,415,000 $118,762,631 $71,720,000 $395,875,435 $76,720,000 $307,478 $0 $1,024,927 $70,000 Chandler Chino Valley Clarkdale Clifton Colorado City Coolidge TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT $5,531,351 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED $890,000 $18,437,838 $0 $1,016,865 $7,552 $3,389,549 $0 $6,939,290 $0 $23,130,966 $4,775,000 $33,400,835 $14,202,300 $111,336,117 $34,761,764 Cottonwood 2 1 7 10 $2,700,000 $2,910,000 $56,483,000 $62,093,000 $1,710,000 $2,345,000 $13,428,000 $17,483,000 $100,000 $275,000 $2,035,000 $2,410,000 $890,000 $290,000 $41,020,000 $42,200,000 Totals for Dewey-Humboldt 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Municipal Property Corp Totals for Douglas 1 1 $4,165,000 $4,165,000 $70,000 $70,000 $360,000 $360,000 $3,735,000 $3,735,000 Revenue Totals for Duncan 1 1 $800,000 $800,000 $20,182 $20,182 $12,150 $12,150 $767,668 $767,668 General Obligation Revenue Totals for Eagar 2 2 4 $395,000 $560,000 $955,000 $315,448 $377,000 $692,448 $72,000 $33,000 $105,000 $7,552 $150,000 $157,552 Certificates of Participation General Obligation Revenue Totals for El Mirage 2 1 4 7 $19,725,000 $4,855,000 $19,983,911 $44,563,911 $9,835,000 $0 $870,000 $10,705,000 $9,890,000 $80,000 $1,455,000 $11,425,000 $0 $4,775,000 $17,658,911 $22,433,911 Municipal Property Corp Revenue Totals for Eloy 3 $7,805,000 $4,872,000 $938,000 $1,995,000 5 8 $7,359,610 $15,164,610 $946,324 $5,818,324 $540,657 $1,478,657 $5,872,629 $7,867,629 General Obligation Municipal Property Corp Revenue Totals for Flagstaff 10 2 4 16 $71,624,064 $29,700,000 $27,730,760 $129,054,824 $17,255,000 $2,805,000 $7,573,066 $27,633,066 $5,405,000 $1,285,000 $1,890,000 $8,580,000 $48,964,064 $25,610,000 $18,267,694 $92,841,758 General Obligation Municipal Property Corp Revenue Totals for Cottonwood Dewey-Humboldt Douglas Duncan Eagar El Mirage Eloy Flagstaff TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Florence Revenue Totals for Florence 3 3 $11,520,000 $11,520,000 $2,355,482 $2,355,482 $488,846 $488,846 $8,675,672 $8,675,672 General Obligation Municipal Property Corp Revenue Special Assessment Totals for Fountain Hills 5 1 $20,780,000 $4,680,000 $10,105,000 $3,250,000 $1,075,000 $175,000 $9,600,000 $1,255,000 4 1 11 $17,800,000 $32,276 $43,292,276 $5,715,000 $19,365 $19,089,365 $575,000 $3,228 $1,828,228 $11,510,000 $9,683 $22,374,683 Revenue Totals for Fredonia 4 4 $1,888,592 $1,888,592 $335,355 $335,355 $64,342 $64,342 $1,488,895 $1,488,895 Totals for Gila Bend 0 0 $0 $0 $0 $0 $0 $0 $0 $0 General Obligation Municipal Property Corp Revenue Special Assessment Totals for Gilbert 8 3 4 2 17 $152,610,000 $186,085,000 $70,010,000 $12,055,000 $420,760,000 $30,200,000 $5,765,000 $10,710,000 $6,785,000 $53,460,000 $26,325,000 $13,885,000 $2,930,000 $765,000 $43,905,000 General Obligation Municipal Property Corp Revenue Special Assessment Totals for Glendale 11 8 8 $283,845,000 $238,923,000 $272,231,708 $86,299,024 $14,935,000 $33,986,776 1 28 $299,000 $795,298,708 1 1 $5,000,000 $5,000,000 Fountain Hills $22,510,991 $7,800,000 $75,036,636 $1,800,000 $96,085,000 $166,435,000 $56,370,000 $4,505,000 $323,395,000 $75,105,945 $64,870,000 $250,353,150 $31,215,000 $22,195,976 $2,785,000 $8,687,751 $175,350,000 $221,203,000 $229,557,181 $76,174,089 $61,300,000 $253,913,629 $114,050,000 $224,000 $135,444,800 $36,000 $33,704,727 $39,000 $626,149,181 $0 $0 $138,016 $138,016 $4,861,984 $4,861,984 Fredonia Gila Bend Gilbert Glendale Globe Revenue Totals for Globe TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT $23,482,642 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED $8,475,000 $78,275,474 $47,795,000 Goodyear 14 1 4 1 20 $62,730,000 $4,265,000 $22,304,551 $6,670,000 $95,969,551 $4,465,000 $625,000 $4,501,926 $3,357,000 $12,948,926 $1,995,000 $155,000 $1,072,112 $162,000 $3,384,112 $56,270,000 $3,485,000 $16,730,513 $3,151,000 $79,636,513 Revenue Totals for Guadalupe 1 1 $3,445,000 $3,445,000 $0 $0 $0 $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 $515,000 $1,220,214 $1,735,214 $85,000 $319,810 $404,810 $0 $4,839,976 $4,839,976 $1,085,959 $0 $3,619,864 $0 General Obligation Municipal Property Corp Revenue Totals for Huachuca City 1 1 1 3 $50,000 $1,795,000 $550,000 $2,395,000 $34,000 $1,085,000 $334,000 $1,453,000 $2,000 $500,000 $25,000 $527,000 $14,000 $210,000 $191,000 $415,000 $364,260 $14,000 $1,214,201 $0 Revenue Totals for Jerome 1 1 $300,000 $300,000 $9,191 $9,191 $15,364 $15,364 $275,445 $275,445 General Obligation Revenue Totals for Kearny 1 3 4 $100,000 $2,200,422 $2,300,422 $74,000 $1,030,000 $1,104,000 $6,000 $127,000 $133,000 $20,000 $1,043,422 $1,063,422 $307,018 $0 $1,023,394 $20,000 General Obligation Municipal Property Corp Revenue Special Assessment Totals for Goodyear Guadalupe Hayden Holbrook Huachuca City Jerome Kearny TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Kingman 1 1 2 6 10 $3,900,000 $4,455,000 $9,850,000 $13,446,506 $31,651,506 $2,380,000 $1,820,000 $3,893,142 $3,467,426 $11,560,568 $345,000 $190,000 $400,558 $369,458 $1,305,016 $1,175,000 $2,445,000 $5,556,300 $9,609,622 $18,785,922 $9,898,869 $1,175,000 $32,996,231 $0 2 8 10 $40,797,500 $113,344,938 $154,142,438 $357,774 $4,302,774 $4,660,548 $869,118 $4,583,448 $5,452,566 $39,570,608 $104,458,716 $144,029,324 $35,111,250 $7,780,608 $117,037,500 $31,790,000 Totals for Litchfield Park 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Totals for Mammoth 1 1 $430,000 $430,000 $404,000 $404,000 $26,000 $26,000 $0 $0 Municipal Property Corp Totals for Marana 3 3 $36,550,000 $36,550,000 $4,050,000 $4,050,000 $1,350,000 $1,350,000 $31,150,000 $31,150,000 Totals for Maricopa 0 0 $0 $0 $0 $0 $0 $0 $0 $0 14 2 $375,755,000 $57,000,000 $137,335,000 $33,530,000 $27,270,000 $3,900,000 $211,150,000 $19,570,000 $175,319,935 $115,400,000 $584,399,783 $95,750,000 28 3 47 $1,165,875,000 $5,143,103 $1,603,773,103 $290,210,000 $82,103 $461,157,103 $81,390,000 $12,000 $112,572,000 $794,275,000 $5,049,000 $1,030,044,000 1 1 $400,000 $400,000 $383,154 $383,154 $16,846 $16,846 $0 $0 General Obligation Municipal Property Corp Revenue Special Assessment Totals for Kingman Lake Havasu City General Obligation Revenue Totals for Lake Havasu City Litchfield Park Mammoth Marana Maricopa Mesa General Obligation Municipal Property Corp Revenue Special Assessment Totals for Mesa Miami Revenue Totals for Miami TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED $34,705,252 $1,200,000 Nogales 5 2 1 8 $37,695,000 $4,532,776 $761,000 $42,988,776 $5,485,000 $929,431 $484,000 $6,898,431 $770,000 $371,066 $85,000 $1,226,066 $31,440,000 $3,232,279 $192,000 $34,864,279 1 8 2 1 12 $5,125,000 $89,840,000 $8,795,000 $3,945,000 $107,705,000 $4,910,000 $18,115,000 $1,735,000 $0 $24,760,000 $215,000 $2,655,000 $265,000 $0 $3,135,000 $0 $69,070,000 $6,795,000 $3,945,000 $79,810,000 3 3 $25,505,000 $25,505,000 $4,674,249 $4,674,249 $749,217 $749,217 $20,081,534 $20,081,534 Municipal Property Corp Totals for Paradise Valley 1 1 $9,170,000 $9,170,000 $1,980,000 $1,980,000 $385,000 $385,000 $6,805,000 $6,805,000 Municipal Property Corp Revenue Totals for Parker 1 1 2 $600,000 $4,000,000 $4,600,000 $53,777 $1,725,000 $1,778,777 $22,773 $280,000 $302,773 $523,450 $1,995,000 $2,518,450 Revenue Totals for Patagonia 1 1 $375,000 $375,000 $52,108 $52,108 $16,077 $16,077 $306,815 $306,815 1 4 3 2 10 $545,000 $6,005,000 $3,150,000 $3,017,000 $12,717,000 $0 $1,414,000 $1,390,000 $837,000 $3,641,000 $30,000 $1,651,000 $165,000 $155,000 $2,001,000 $515,000 $2,940,000 $1,595,000 $2,025,000 $7,075,000 Municipal Property Corp Revenue Special Assessment Totals for Nogales Oro Valley Certificates of Participation Municipal Property Corp Revenue Special Assessment Totals for Oro Valley Page Municipal Property Corp Totals for Page Paradise Valley Parker Patagonia Payson Certificates of Participation General Obligation Revenue Special Assessment Totals for Payson $10,411,576 $1,740,000 TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT $57,868,166 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED $11,705,000 $192,893,886 $36,680,000 $685,177,144 $518,445,000 $2,283,923,814 $777,324,203 $29,833,573 $10,395,000 $99,445,242 $0 Peoria 7 1 9 17 $72,985,000 $6,675,000 $104,439,870 $184,099,870 $21,230,000 $0 $29,947,616 $51,177,616 $3,370,000 $395,000 $5,233,774 $8,998,774 $48,385,000 $6,280,000 $69,258,480 $123,923,480 1 25 24 32 4 86 $35,465,000 $2,161,640,838 $2,214,187,352 $3,358,465,920 $12,808,191 $7,782,567,301 $480,000 $798,533,904 $180,425,000 $578,325,000 $9,709,096 $1,567,473,000 $1,040,000 $67,337,731 $20,865,000 $61,655,000 $1,213,386 $152,111,117 $33,945,000 $1,295,769,203 $2,012,897,352 $2,718,485,920 $1,885,709 $6,062,983,184 1 1 $575,000 $575,000 $410,000 $410,000 $30,000 $30,000 $135,000 $135,000 Municipal Property Corp Totals for Pinetop-Lakeside 1 1 $2,120,000 $2,120,000 $695,000 $695,000 $135,000 $135,000 $1,290,000 $1,290,000 General Obligation Municipal Property Corp Special Assessment Totals for Prescott 1 3 5 9 $15,895,000 $23,035,000 $4,820,381 $43,750,381 $5,500,000 $1,680,000 $1,507,741 $8,687,741 $1,255,000 $1,305,000 $327,107 $2,887,107 $9,140,000 $20,050,000 $2,985,533 $32,175,533 General Obligation Municipal Property Corp Revenue Totals for Peoria Phoenix Certificates of Participation General Obligation Municipal Property Corp Revenue Special Assessment Totals for Phoenix Pima Revenue Totals for Pima Pinetop-Lakeside Prescott Prescott Valley Municipal Property Corp Revenue Special Assessment Totals for Prescott Valley 5 $51,020,000 $7,325,000 $1,885,000 $41,810,000 2 2 9 $19,862,470 $13,670,000 $84,552,470 $745,000 $7,466,000 $15,536,000 $756,669 $1,797,000 $4,438,669 $18,360,801 $4,407,000 $64,577,801 Municipal Property Corp Revenue Totals for Quartzsite 7 2 9 $7,037,500 $3,720,000 $10,757,500 $1,097,957 $409,034 $1,506,991 $176,208 $128,804 $305,012 $5,763,335 $3,182,162 $8,945,497 Quartzsite TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Queen Creek Revenue Totals for Queen Creek 6 6 $65,472,410 $65,472,410 $1,248,925 $1,248,925 $537,164 $537,164 $63,686,321 $63,686,321 Revenue Totals for Safford 5 5 $28,320,000 $28,320,000 $3,795,886 $3,795,886 $1,325,525 $1,325,525 $23,198,589 $23,198,589 Revenue Totals for Sahuarita 1 1 $16,355,000 $16,355,000 $0 $0 $945,000 $945,000 $15,410,000 $15,410,000 General Obligation Revenue Totals for San Luis 1 3 4 $85,000 $5,145,000 $5,230,000 $53,000 $2,537,000 $2,590,000 $0 $1,060,000 $1,060,000 $32,000 $1,548,000 $1,580,000 Certificates of Participation General Obligation Municipal Property Corp Revenue Special Assessment Totals for Scottsdale 1 15 1 15 4 36 $7,650,000 $769,930,000 $3,500,000 $533,020,322 $38,215,000 $1,352,315,322 $0 $246,145,000 $2,015,000 $104,055,000 $31,875,000 $384,090,000 $559,881 $24,420,000 $1,485,000 $13,480,000 $835,000 $40,779,881 $7,090,119 $499,365,000 $0 $415,485,322 $5,505,000 $927,445,441 Certificates of Participation Municipal Property Corp Revenue Special Assessment Totals for Sedona 2 2 3 1 8 $2,795,000 $43,035,000 $44,190,000 $2,500,000 $92,520,000 $1,075,000 $25,883,389 $885,000 $1,555,000 $29,398,389 $220,000 $306,161 $1,700,000 $215,000 $2,441,161 $1,500,000 $16,845,450 $41,605,000 $730,000 $60,680,450 Certificates of Participation Totals for Show Low 1 1 $9,540,000 $9,540,000 $3,835,000 $3,835,000 $1,930,000 $1,930,000 $3,775,000 $3,775,000 Safford Sahuarita San Luis $1,900,301 $0 $6,334,335 $32,000 $284,145,275 $126,820,000 $947,150,916 $372,545,000 Scottsdale Sedona Show Low TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Sierra Vista Municipal Property Corp Revenue Totals for Sierra Vista 4 1 5 $30,685,650 $4,145,000 $34,830,650 $7,055,396 $2,405,000 $9,460,396 $4,170,254 $410,000 $4,580,254 $19,460,000 $1,330,000 $20,790,000 Revenue Totals for Snowflake 1 1 $4,213,000 $4,213,000 $0 $0 $40,000 $40,000 $4,173,000 $4,173,000 Municipal Property Corp Totals for Somerton 1 1 $1,185,000 $1,185,000 $0 $0 $0 $0 $1,185,000 $1,185,000 Municipal Property Corp Totals for South Tucson 3 3 $6,860,000 $6,860,000 $0 $0 $0 $0 $6,860,000 $6,860,000 General Obligation Totals for Springerville 1 1 $865,000 $865,000 $417,311 $417,311 $159,100 $159,100 $288,589 $288,589 Revenue Totals for St. Johns 1 1 $156,045 $156,045 $1,494 $1,494 $1,563 $1,563 $152,988 $152,988 Totals for Star Valley 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $1,200,000 $85,000 $49,000 $1,066,000 1 2 $500,000 $1,700,000 $0 $85,000 $40,000 $89,000 $460,000 $1,526,000 3 2 5 $8,795,955 $101,980,000 $110,775,955 $5,032,113 $50,515,000 $55,547,113 $606,531 $2,335,000 $2,941,531 $3,157,311 $49,130,000 $52,287,311 Snowflake Somerton South Tucson Springerville $451,881 $0 $1,506,271 $288,589 $35,912,240 $0 $119,707,465 $3,157,311 St. Johns Star Valley Superior Municipal Property Corp Revenue Totals for Superior Surprise General Obligation Municipal Property Corp Totals for Surprise TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL $0 $359,541 $359,541 $0 $32,243 $32,243 $981,000 $147,784 $1,128,784 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Taylor Municipal Property Corp Revenue Totals for Taylor 2 3 5 $981,000 $539,568 $1,520,568 Tempe 1 $5,110,000 $2,790,000 $540,000 $1,780,000 13 1 6 21 $375,820,000 $1,400,000 $198,435,000 $580,765,000 $64,055,000 $1,125,000 $15,400,000 $83,370,000 $13,220,000 $135,000 $6,115,000 $20,010,000 $298,545,000 $140,000 $176,920,000 $477,385,000 Revenue Totals for Thatcher 1 1 $2,000,000 $2,000,000 $225,371 $225,371 $568,397 $568,397 $1,206,232 $1,206,232 General Obligation Municipal Property Corp Totals for Tolleson 4 1 5 $26,830,000 $8,560,000 $35,390,000 $3,050,000 $0 $3,050,000 $1,095,000 $0 $1,095,000 General Obligation Revenue Totals for Tombstone 1 2 3 $75,000 $786,500 $861,500 $60,000 $213,500 $273,500 9 22 40 $216,500,000 $485,650,720 $788,549,163 15 86 0 0 Certificates of Participation General Obligation Municipal Property Corp Revenue Totals for Tempe $114,265,571 $87,895,000 $380,885,238 $210,650,000 $22,685,000 $8,560,000 $31,245,000 $8,435,636 $2,890,000 $28,118,788 $19,690,000 $3,000 $15,000 $18,000 $12,000 $558,000 $570,000 $595,731 $0 $1,985,771 $12,000 $40,475,000 $194,466,650 $242,898,144 $7,800,000 $9,695,000 $20,549,006 $168,225,000 $281,489,070 $525,102,013 $163,374,951 $63,839,460 $544,583,171 $217,649,610 $6,266,376 $1,496,966,259 $2,343,010 $480,182,804 $441,600 $38,485,606 $3,481,766 $978,297,849 $0 $0 $0 $0 $0 $0 $0 $0 Thatcher Tolleson Tombstone Tucson Certificates of Participation General Obligation Revenue Special Assessment Totals for Tucson Wellton Totals for Wellton TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED Wickenburg Revenue Totals for Wickenburg 1 1 $3,000,000 $3,000,000 $239,021 $239,021 $0 $0 $2,760,979 $2,760,979 General Obligation Revenue Totals for Willcox 3 5 8 $1,300,000 $5,486,614 $6,786,614 $57,000 $308,123 $365,123 $7,000 $148,912 $155,912 $1,236,000 $5,029,579 $6,265,579 $1,056,637 $1,045,000 $3,522,124 $191,000 General Obligation 1 1 7 1 10 $400,000 $5,480,000 $22,940,000 $1,150,000 $29,970,000 $375,000 $2,560,000 $1,524,331 $490,000 $4,949,331 $25,000 $295,000 $2,455,893 $60,000 $2,835,893 $0 $2,625,000 $18,959,776 $600,000 $22,184,776 $1,893,393 $0 $6,311,309 $0 Totals for Winkelman 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Totals for Winslow 6 6 $19,195,000 $19,195,000 $7,525,726 $7,525,726 $690,367 $690,367 $10,978,907 $10,978,907 Totals for Youngtown 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 1 $22,455,000 $34,150,000 $13,870,000 $890,000 $1,050,000 $925,000 $7,535,000 $32,335,000 $22,042,608 $0 $73,475,361 $7,535,000 3 1 7 $118,018,520 $3,875,000 $178,498,520 $4,270,594 $0 $19,030,594 $3,220,455 $0 $5,195,455 $110,527,471 $3,875,000 $154,272,471 Willcox Williams Municipal Property Corp Revenue Special Assessment Totals for Williams Winkelman Winslow Youngtown Yuma General Obligation Municipal Property Corp Revenue Special Assessment Totals for Yuma TABLE 2 CITY/TOWN FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME Bond Type Certificates of Participation # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 24 $329,100,000 $74,740,000 $31,864,881 $222,495,119 General Obligation 213 $5,208,316,885 $1,690,514,224 $232,744,456 $3,285,058,205 Municipal Property Corp 113 $3,364,026,558 $408,849,372 $68,044,606 $2,887,132,580 Revenue 317 $7,581,211,355 $1,480,579,465 $260,989,238 $5,839,642,652 62 $220,995,027 $93,904,404 $9,791,279 $117,299,344 729 $16,703,649,825 $3,748,587,465 $603,434,460 $12,351,627,900 Special Assessment Grand Totals: Return to Table of Contents 6% DEBT LIMIT 6% DEBT LIMIT USED 20% DEBT LIMIT 20% DEBT LIMIT USED 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 and Gila Community College have 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, 2006: 9 $520.7 million in general obligation debt, reported by six community colleges; 9 $65.0 million in revenue bonds, reported by six community colleges; and 9 $1.5 million in certificates of participation, reported by two community colleges. During FY 2005/06, $54.9 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 Arizona Western2 Coconino Mohave Central Arizona3 Navajo4 Cochise Navajo Eastern Arizona5 Gila OUTSTANDING DEBT $392,680,000 $63,720,000 $60,360,000 $24,080,000 $20,455,000 $11,020,000 $8,745,000 $5,345,000 $815,000 $0 $0 $0 2Arizona Western Community College serves Yuma and La Paz Counties. 3Central Arizona Community College serves Pinal County. 4 Northland Pioneer College serves Navajo 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, 2006. However, the year-end balances should reflect any July 1, 2005 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. COMMUNITY COLLEGE Arizona Western Coconino Maricopa Northland Pioneer College Pima Yavapai DEBT DEBT LIMITATION $131,507,555 $5,315,000 $197,546,597 $20,455,000 $4,979,582,760 $369,320,000 % OF DEBT LIMIT USED 4.0 % 10.4 % 7.4 % $105,339,016 $4,680,000 4.4 % $907,642,506 $303,086,281 $61,730,000 $59,235,000 6.8 % 19.5 % 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 2005/06 was $65.0 million, after retiring and refunding $7.5 million during the fiscal year. CERTIFICATES OF PARTICIPATION Cochise Community College and Northland Pioneer College have reported certificates of participation. The outstanding balance for this type of debt at the end of FY 2005/06 was $1.5 million, after retiring and refunding $0.44 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, Yavapai County Community College has the most debt per student, as can be seen on the table below: COMMUNITY COLLEGE Yavapai Coconino Arizona Western Maricopa Mohave Pima Central Arizona Northland Pioneer College Cochise Eastern Arizona Gila PER STUDENT DEBT $17,623.36 $9,469.91 $5,327.43 $4,513.56 $3,800.00 $3,034.29 $2,094.61 $1,843.10 $134.02 $0.00 $0.00 The student population counts used to calculate the per student debt are those provided by the State Board of Community Colleges for FY 2005/06 for the expenditure limitation calculation. Return to Table of Contents TABLE 3 COMMUNITY COLLEGE FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COMMUNITY COLLEGE NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED $131,507,555 $5,315,000 $197,546,597 $20,455,000 $4,979,582,760 $369,320,000 $105,339,016 $4,680,000 Arizona Western 1 2 3 $9,845,000 $21,000,000 $30,845,000 $2,980,000 $680,000 $3,660,000 $1,550,000 $1,555,000 $3,105,000 $5,315,000 $18,765,000 $24,080,000 Revenue Totals for Central Arizona 1 1 $10,500,000 $10,500,000 $1,190,000 $1,190,000 $565,000 $565,000 $8,745,000 $8,745,000 Certificate of Participation Totals for Cochise CC 1 1 $3,000,000 $3,000,000 $1,945,000 $1,945,000 $240,000 $240,000 $815,000 $815,000 General Obligation Totals for Coconino CC 1 1 $25,000,000 $25,000,000 $3,590,000 $3,590,000 $955,000 $955,000 $20,455,000 $20,455,000 Totals for Eastern Arizona College 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Totals for Gila CC 0 0 $0 $0 $0 $0 $0 $0 $0 $0 6 4 10 $599,130,000 $43,130,000 $642,260,000 $199,325,000 $17,155,000 $216,480,000 $30,485,000 $2,615,000 $33,100,000 $369,320,000 $23,360,000 $392,680,000 3 3 $12,130,000 $12,130,000 $775,000 $775,000 $335,000 $335,000 $11,020,000 $11,020,000 1 1 2 $2,410,000 $9,015,000 $11,425,000 $1,550,000 $2,860,000 $4,410,000 $195,000 $1,475,000 $1,670,000 $665,000 $4,680,000 $5,345,000 General Obligation Revenue Totals for Arizona Western Central Arizona Cochise CC Coconino CC Eastern Arizona College Gila CC Maricopa CC General Obligation Revenue Totals for Maricopa CC Mohave CC Revenue Totals for Mohave CC Northland Pioneer College Certificate of Participation General Obligation Totals for Northland Pioneer College TABLE 3 COMMUNITY COLLEGE FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COMMUNITY COLLEGE NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED Pima CC 3 3 6 $139,980,000 $20,600,000 $160,580,000 $68,305,000 $16,305,000 $84,610,000 $9,945,000 $2,305,000 $12,250,000 $61,730,000 $1,990,000 $63,720,000 $907,642,506 $61,730,000 4 1 5 $75,630,000 $2,500,000 $78,130,000 $13,905,000 $1,205,000 $15,110,000 $2,490,000 $170,000 $2,660,000 $59,235,000 $1,125,000 $60,360,000 $303,086,281 $59,235,000 2 $5,410,000 $3,495,000 $435,000 $1,480,000 General Obligation 16 $858,600,000 $290,965,000 $46,900,000 $520,735,000 Revenue 14 $109,860,000 $37,310,000 $7,545,000 $65,005,000 Grand Totals: 32 $973,870,000 $331,770,000 $54,880,000 $587,220,000 General Obligation Revenue Totals for Pima CC Yavapai College General Obligation Revenue Totals for Yavapai College Certificate of Participation Return to Table of Contents SCHOOL DISTRICTS School districts can incur general obligation debt, which is subject to constitutional debt limitations. For Class A general obligation bonds, elementary schools and high schools have a debt limitation of 15% of ad valorem valuation; unified school districts have a limit of 30%. Class B general obligation bonds are subject to a lower debt limitation. 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. Some school districts are also subject to a restricted debt limitation due to the issuance of some Capital Appreciation Bonds prior to March 31, 1996. There are 223 school districts, 94 of which had no bonded indebtedness in FY 2005/06. Five school districts (Tombstone USD and Palominas ESD in Cochise County, Cartwright ESD in Maricopa County, Mohave UHSD in Mohave County, Toltec ESD in Pinal County) retired all outstanding debt as of June 30, 2006. The remaining 129 school districts with outstanding bonded indebtedness had: 9 $2,545 million in Class A general obligation debt, reported by school districts; 9 $1,306.8 million in Class B general obligation debt, reported by school districts; 9 $2.8 million in certificates of participation, reported by school districts; and 9 $21.8 million in Impact Aid revenue bonds, reported by two school districts; There are five school districts (Marana USD, Flowing Wells USD, Catalina Foothills USD, Vail ESD, and Sahuarita USD) that did not submit a FY 2005/06 bonded indebtedness report but had reported outstanding debt as of FY 2004/05. Within school districts that have outstanding bonded indebtedness, the average debt per student was $4,820. (There are 36 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, 2006. COUNTY Apache Cochise Coconino Gila Graham Greenlee La Paz Maricopa Mohave Navajo Pima Pinal Santa Cruz Yavapai Yuma # WITH B.I. 1 7 5 4 2 3 3 47 9 7 10 12 2 9 8 # WITHOUT B.I. 10 15 5 4 5 2 3 9 6 4 6 7 4 14 1 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, 2006. COUNTY TOTAL FOR SCHOOL DISTRICTS: OUTSTANDING DEBT Maricopa Pima Pinal Yuma Mohave Yavapai Navajo $2,979,697,000 $395,725,000 $131,953,000 $78,730,208 $71,550,000 $55,065,000 $54,273,000 DEBT PER STUDENT $5,525 $5,339 $4,182 $2,343 $2,467 $2,790 $3,745 COUNTY TOTAL FOR SCHOOL DISTRICTS: Coconino Cochise Gila Graham Santa Cruz Greenlee La Paz Apache OUTSTANDING DEBT $31,450,000 $22,385,000 $11,680,000 $10,925,000 $10,600,000 $5,740,000 $4,065,000 $900,000 DEBT PER STUDENT $1,889 $1,794 $1,903 $744 $1,153 $3,892 $8,469 $854 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 2004/05 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, 2006. However, the year-end balances should reflect any July 1, 2006 payments if the payment amount has been deposited into a dedicated fund for the payment of the principal. GENERAL OBLIGATION DEBT According to the information provided by the counties and school districts on school district debt, there are no districts for which a report was received that exceed their constitutional debt limits in FY 2005/06. 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, twelve districts still 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. 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 56 school districts that are known to have Class B bonds with outstanding principal. In Tables 4 through 18, the Class B bonds have been separated from the other school district General Obligation issues but have not been included in the debt limit comparisons. The Class B Bond outstanding principal and debt limits are shown below. This list does not include those three districts that did not submit a FY2005/06 bonded indebtedness report (Marana USD, Catalina Foothills USD, and Vail USD in Pima County). School District Agua Fria UHSD Apache Junction USD Arlington ESD Buckeye ESD Buckeye UHSD Casa Grande ESD Cave Creek USD Chandler USD Colorado River UHSD Coolidge USD Crane ESD Deer Valley USD Dysart USD Florence USD Fountain Hill USD Class B Outstanding Principal $33,240,000 $28,000,000 $2,105,000 $5,230,000 $13,005,000 $12,110,000 $5,000,000 $67,730,000 $18,770,000 $9,285,000 $8,565,000 $80,950,000 $58,085,000 $8,580,000 $6,185,000 Class B Debt Limit $68,486,659 $34,704,430 $8,396,734 $5,230,038 $43,092,613 $13,386,829 $129,075,278 $157,810,334 $41,483,667 $10,011,932 $13,905,999 $196,004,320 $80,788,603 $12,369,745 $38,666,337 School District Fowler ESD Gilbert USD Glendale ESD Glendale UHSD Higley USD Kayenta USD Kyrene ESD Laveen ESD Liberty ESD Madison ESD Mesa USD Morenci USD Murphy ESD Nadaburg ESD Paradise Valley USD Peach Springs USD Pendergast ESD Peoria USD Phoenix UHSD Prescott USD Queen Creek USD Ray USD Riverside ESD Saddle Mountain USD Safford USD Scottsdale USD Snowflake USD Somerton ESD Stanfield ESD Tempe ESD Tolleson ESD Tolleson UHSD Tucson USD Union ESD Washington ESD Wickenburg USD Winslow USD Yuma UHSD Class B Outstanding Principal $7,795,000 $65,000,000 $17,325,000 $76,740,000 $21,895,000 $2,170,000 $16,000,000 $3,000,000 $5,615,000 $30,500,000 $45,000,000 $2,115,000 $2,000,000 $2,000,000 $98,210,000 $940,000 $11,355,000 $75,000,000 $112,515,000 $18,700,000 $10,735,000 $2,215,000 $10,960,000 $19,630,000 $4,510,000 $100,000,000 $6,000,000 $3,615,000 $990,000 $15,000,000 $1,500,000 $34,450,000 $46,190,000 $1,385,000 $28,325,000 $1,885,000 $17,832 $29,590,000 Class B Debt Limit $8,927,908 $143,742,586 $17,709,988 $180,444,577 $26,057,408 $2,174,008 $93,856,417 $5,502,436 $6,739,447 $49,374,288 $291,027,128 $16,857,508 $5,762,525 $2,063,568 $272,481,812 $1,235,826 $27,263,641 $129,722,805 $516,364,951 $67,752,563 $15,880,560 $2,528,101 $14,401,201 $84,755,422 $4,960,161 $406,445,528 $6,915,934 $3,801,000 $2,820,214 $79,146,877 $6,511,992 $77,871,452 $265,048,881 $1,385,703 $72,512,250 $10,410,311 $4,116,458 $68,750,283 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, 2006. 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, 2006, at $313.5 million. In terms of debt per student, however, Paradise Valley Unified School District ranks 13th at $6,511. The school district with the highest debt per student is Bicentennial Union High School District in La Paz County, at $23,182 in outstanding debt per student. CERTIFICATES OF PARTICIPATION Two school districts have reported certificates of participation (Kyrene ESD and Pendergast ESD in Maricopa County). The outstanding balance of this type of debt at the end of FY2005/06 was $2.8 million, after retiring $3 million. IMPACT AID REVENUE BONDS Not included at this time in Tables 4 through 18 are Impact Aid Revenue Bonds. There are seven districts that have issued Impact Aid Revenue Bonds since FY 2003/04. Impact Aid Revenues are revenues received through a federal program designed to directly reimburse public schools for the loss of traditional revenue sources due to a federal presence or activity. At this time, only two school districts (Page USD and Tuba City USD in Coconino County) include their Impact Aid revenue bonds in the fiscal year report. The following table shows the original principal of the Impact Aid revenue bonds for the seven school districts. School District Cedar USD Ganado USD Indian Oasis USD Page USD Red Mesa USD Tuba City USD Whiteriver USD County Navajo Apache Pima Coconino Apache Coconino Navajo Impact Aid Revenue Bond Original Principal $4,800,000 $14,545,000 $13,105,000 $15,525,000 $9,110,000 $6,265,000 $17,795,000 Return to Table of Contents TABLE 4 APACHE COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED 1 St. Johns USD Totals for St. Johns USD 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $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 $3,200,000 $3,200,000 $1,875,000 $1,875,000 $425,000 $425,000 $900,000 $900,000 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 6 Concho ESD Totals for Concho ESD 7 Alpine ESD Totals for Alpine ESD 8 Window Rock USD Totals for Window Rock USD 9 Vernon ESD Totals for Vernon ESD 10 Round Valley USD Totals for Round Valley USD 18 Sanders (Puerco) US General Obligation Totals for Sanders (Puerco) USD 20 Ganado USD Totals for Ganado USD 23 McNary ESD Totals for McNary ESD 24 Chinle USD Totals for Chinle USD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $4,220,361 $900,000 TABLE 4 APACHE COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 27 Red Mesa USD 0 0 $0 $0 $0 $0 $0 $0 $0 $0 General Obligation 1 $3,200,000 $1,875,000 $425,000 $900,000 Grand Totals: 1 $3,200,000 $1,875,000 $425,000 $900,000 Totals for Red Mesa USD Return to Table of Contents *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 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type 1 1 1 $1,700,000 $1,700,000 $1,475,000 $1,475,000 $225,000 $225,000 $0 $0 1 1 $4,950,000 $4,950,000 $1,800,000 $1,800,000 $325,000 $325,000 $2,825,000 $2,825,000 $11,334,195 $2,825,000 1 1 $1,300,000 $1,300,000 $410,000 $410,000 $60,000 $60,000 $830,000 $830,000 1 1 $2,480,000 $2,480,000 $1,010,000 $1,010,000 $515,000 $515,000 $955,000 $955,000 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 $2,725,000 $2,725,000 $675,000 $675,000 $130,000 $130,000 $1,920,000 $1,920,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 $4,320,675 $15,590,102 $955,000 $5,254,229 $1,920,000 $830,000 St. David USD General Obligation Totals for St. David USD 22 30% DEBT LIMIT USED San Simon USD 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 USD General Obligation Totals for Benson USD 12 PAID IN FISCAL YEAR 2006 Valley UHSD General Obligation Totals for Valley UHSD 9 PAID THROUGH 6/30/05 Bisbee USD General Obligation Totals for Bisbee USD 6 ORIGINAL PRINCIPAL Tombstone USD General Obligation Totals for Tombstone USD 2 # OF ISSUES Pearce ESD Totals for Pearce ESD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 5 COCHISE COUNTY SCHOOL DISTRICT FY 2006 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 1 1 $6,280,000 $6,280,000 $1,660,000 $1,660,000 $870,000 $870,000 $3,750,000 $3,750,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $480,000 $480,000 $270,000 $270,000 $210,000 $210,000 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $315,000 $315,000 $215,000 $215,000 $30,000 $30,000 $70,000 $70,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 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 2006 30% DEBT LIMIT 30% DEBT LIMIT USED $15,672,995 $3,750,000 Douglas USD General Obligation Totals for Douglas USD 42 PAID THROUGH 6/30/05 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 $796,946 $70,000 TABLE 5 COCHISE COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type 68 ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED $83,070,673 $12,035,000 Sierra Vista USD 3 3 $26,985,000 $26,985,000 $12,310,000 $12,310,000 $2,640,000 $2,640,000 $12,035,000 $12,035,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 General Obligation 11 $47,215,000 $19,825,000 $5,005,000 $22,385,000 Grand Totals: 11 $47,215,000 $19,825,000 $5,005,000 $22,385,000 General Obligation Totals for Sierra Vista USD 81 # OF ISSUES Forrest ESD Totals for Forrest ESD Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 6 COCONINO COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type 1 $15,620,000 ** 5 5 $68,620,000 $68,620,000 $36,850,000 $36,850,000 $9,375,000 $9,375,000 $22,395,000 $22,395,000 $264,461,837 2 2 $3,845,000 $3,845,000 $2,150,000 $2,150,000 $395,000 $395,000 $1,300,000 $1,300,000 $24,442,146 $1,300,000 1 1 $3,800,000 $3,800,000 $920,000 $920,000 $310,000 $310,000 $2,570,000 $2,570,000 $4,518,605 $2,570,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $15,935,000 $15,935,000 $10,165,000 $10,165,000 $2,820,000 $2,820,000 $2,950,000 $2,950,000 $37,949,182 $2,950,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 3 3 $3,825,000 $3,825,000 $1,340,000 $1,340,000 $250,000 $250,000 $2,235,000 $2,235,000 $4,777,258 $2,235,000 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-Oak Creek USD Totals for Sedona-Oak Creek USD 10 15% DEBT LIMIT USED Page USD General Obligation Totals for Page USD 9 15% DEBT LIMIT Fredonia-Moccasin USD Totals for Fredonia-Moccasin USD 8 CURRENT OUTSTANDING PRINCIPAL Chevlon Butte ESD Totals for Chevlon Butte ESD 6 PAID IN FISCAL YEAR 2006 Grand Canyon USD General Obligation Totals for Grand Canyon USD 5 PAID THROUGH 6/30/05 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 $6,775,000 in principal outstanding at the end of FY 2005/06. TABLE 6 COCONINO COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL General Obligation 13 $96,025,000 $51,425,000 $13,150,000 $31,450,000 Grand Totals: 13 $96,025,000 $51,425,000 $13,150,000 $31,450,000 15% DEBT LIMIT 15% DEBT LIMIT USED Return to Table of Contents *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 $6,775,000 in principal outstanding at the end of FY 2005/06. 30% DEBT LIMIT 30% DEBT LIMIT USED TABLE 7 GILA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES $1,850,000 $1,850,000 $510,000 $510,000 $3,600,000 $3,600,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $5,925,000 $5,925,000 $0 $0 $1,200,000 $1,200,000 $4,725,000 $4,725,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 30% DEBT LIMIT USED $12,136,037 $3,600,000 $69,951,973 $4,725,000 1 1 $295,000 $295,000 $120,000 $120,000 $20,000 $20,000 $155,000 $155,000 $532,351 $155,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $4,210,000 $4,210,000 $900,000 $900,000 $20,000 $20,000 $3,200,000 $3,200,000 General Obligation 6 $16,390,000 $2,870,000 $1,750,000 $11,680,000 Grand Totals: 6 $16,390,000 $2,870,000 $1,750,000 $11,680,000 San Carlos USD General Obligation Totals for San Carlos USD Tonto Basin ESD Totals for Tonto Basin ESD Miami USD Totals for Miami USD 41 30% DEBT LIMIT Pine Strawberry ESD Totals for Pine Strawberry ESD 40 15% DEBT LIMIT USED Payson USD General Obligation 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 2006 2 2 General Obligation 10 PAID THROUGH 6/30/05 Globe USD Totals for Globe USD 5 ORIGINAL PRINCIPAL Hayden-Winkelman USD General Obligation Totals for Hayden-Winkelman USD Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds. *The Hayden-Winkelman USD has a loan of $3,215,000 from the School Improvement Revenue Bond Debt Fund and is not included in the debt limit. $1,805,111 ** $75,000 TABLE 8 GRAHAM COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES 30% DEBT LIMIT 30% DEBT LIMIT USED $3,220,000 $4,510,000 $7,730,000 $14,880,484 $3,220,000 3 3 $5,985,000 $5,985,000 $2,395,000 $2,395,000 $395,000 $395,000 $3,195,000 $3,195,000 $6,699,897 $3,195,000 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 General Obligation 4 $15,950,000 $7,390,000 $2,145,000 $6,415,000 General Obligation-Class B 1 $5,000,000 $0 $490,000 $4,510,000 Grand Totals: 5 $20,950,000 $7,390,000 $2,635,000 $10,925,000 Thatcher USD Solomon ESD Pima USD Ft. Thomas USD Klondyke ESD Totals for Klondyke ESD 16 15% DEBT LIMIT USED $1,750,000 $490,000 $2,240,000 Totals for Ft. Thomas USD 9 15% DEBT LIMIT $4,995,000 $0 $4,995,000 Totals for Pima USD 7 CURRENT OUTSTANDING PRINCIPAL $9,965,000 $5,000,000 $14,965,000 Totals for Solomon ESD 6 PAID IN FISCAL YEAR 2006 1 1 2 General Obligation Totals for Thatcher USD 5 PAID THROUGH 6/30/05 Safford USD General Obligation General Obligation-Class B Totals for Safford USD 4 ORIGINAL PRINCIPAL Bonita ESD Totals for Bonita ESD Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 9 GREENLEE COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 2 # OF ISSUES 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED $665,000 $665,000 $160,000 $160,000 $2,600,000 $2,600,000 $3,725,737 $2,600,000 3 3 $3,000,000 $3,000,000 $1,705,000 $1,705,000 $270,000 $270,000 $1,025,000 $1,025,000 $2,741,454 $1,025,000 1 1 $2,350,000 $2,350,000 $0 $0 $235,000 $235,000 $2,115,000 $2,115,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 General Obligation 4 $6,425,000 $2,370,000 $430,000 $3,625,000 General Obligation-Class B 1 $2,350,000 $0 $235,000 $2,115,000 Grand Totals: 5 $8,775,000 $2,370,000 $665,000 $5,740,000 Clifton USD Morenci USD Blue ESD Totals for Blue ESD 45 CURRENT OUTSTANDING PRINCIPAL $3,425,000 $3,425,000 General Obligation-Class B Totals for Morenci USD 22 PAID IN FISCAL YEAR 2006 1 1 General Obligation Totals for Clifton USD 18 PAID THROUGH 6/30/05 Duncan USD General Obligation Totals for Duncan USD 3 ORIGINAL PRINCIPAL Eagle ESD Totals for Eagle ESD Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 10 LA PAZ COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 4 $125,000 $125,000 $1,245,000 $1,245,000 15% DEBT LIMIT 15% DEBT LIMIT USED $7,404,740 $1,245,000 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 $335,000 $335,000 $45,000 $45,000 $270,000 $270,000 $2,251,251 $270,000 2 2 $6,170,000 $6,170,000 $3,400,000 $3,400,000 $220,000 $220,000 $2,550,000 $2,550,000 $12,886,705 $2,550,000 General Obligation 5 $10,435,000 $5,980,000 $390,000 $4,065,000 Grand Totals: 5 $10,435,000 $5,980,000 $390,000 $4,065,000 Wenden ESD Bouse ESD Parker USD Salome ESD General Obligation Totals for Salome ESD 76 CURRENT OUTSTANDING PRINCIPAL $2,245,000 $2,245,000 Totals for Parker USD 30 PAID IN FISCAL YEAR 2006 $3,615,000 $3,615,000 Totals for Bouse ESD 27 PAID THROUGH 6/30/05 2 2 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 Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds 30% DEBT LIMIT 30% DEBT LIMIT USED TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES Totals for Phoenix ESD Totals for Riverside ESD General Obligation Totals for Tempe ESD General Obligation Totals for Mesa USD General Obligation General Obligation-Class B Totals for Washington ESD $95,205,000 $44,400,000 $6,910,000 $43,895,000 7 $95,205,000 $44,400,000 $6,910,000 $43,895,000 3 $15,000,000 $3,110,000 $930,000 $10,960,000 3 $15,000,000 $3,110,000 $930,000 $10,960,000 14 $137,900,000 $78,200,000 $5,400,000 $54,300,000 1 $15,000,000 $0 $0 $15,000,000 15 $152,900,000 $78,200,000 $5,400,000 $69,300,000 10 $345,720,000 $159,820,000 $20,225,000 $165,675,000 1 $45,000,000 $0 $0 $45,000,000 11 $390,720,000 $159,820,000 $20,225,000 $210,675,000 $108,017,121 $43,895,000 $232,695,681 * $54,300,000 30% DEBT LIMIT $873,081,384 3 $12,830,000 $6,725,000 $1,065,000 $5,040,000 3 $12,830,000 $6,725,000 $1,065,000 $5,040,000 8 $220,980,000 $118,150,000 $7,035,000 $95,795,000 $28,191,057 $5,040,000 $217,536,900 $95,795,000 3 $52,360,000 $21,285,000 $2,750,000 $28,325,000 11 $273,340,000 $139,435,000 $9,785,000 $124,120,000 7 $11,845,000 $6,270,000 $1,470,000 $4,105,000 $19,309,490 $4,105,000 7 $11,845,000 $6,270,000 $1,470,000 $4,105,000 4 $55,220,000 $29,170,000 $2,225,000 $23,825,000 $78,895,137 $23,825,000 4 $55,220,000 $29,170,000 $2,225,000 $23,825,000 Wilson ESD General Obligation Totals for Wilson ESD 8 7 Washington ESD General Obligation 7 15% DEBT LIMIT USED Isaac ESD Totals for Isaac ESD 6 15% DEBT LIMIT 30% DEBT LIMIT USED Mesa USD General Obligation-Class B 5 CURRENT OUTSTANDING PRINCIPAL Tempe ESD General Obligation-Class B 4 PAID IN FISCAL YEAR 2006 Riverside ESD General Obligation-Class B 3 PAID THROUGH 6/30/05 Phoenix ESD General Obligation 2 ORIGINAL PRINCIPAL Osborn ESD General Obligation Totals for Osborn ESD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $165,675,000 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 9 # OF ISSUES General Obligation-Class B Totals for Wickenburg USD General Obligation-Class B $16,800,000 $795,000 $19,110,000 1 $1,885,000 $0 $0 $1,885,000 8 $38,590,000 $16,800,000 $795,000 $20,995,000 10 $283,370,000 $115,269,000 $8,984,000 $159,117,000 $85,000,000 $0 $10,000,000 $75,000,000 $115,269,000 $18,984,000 $234,117,000 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT $31,230,932 7 $29,920,000 $14,715,000 $2,500,000 $12,705,000 7 $29,920,000 $14,715,000 $2,500,000 $12,705,000 General Obligation 2 $5,010,000 $895,000 $860,000 $3,255,000 General Obligation-Class B 1 $1,500,000 $0 $0 $1,500,000 3 $6,510,000 $895,000 $860,000 $4,755,000 General Obligation 2 $6,985,000 $3,135,000 $1,225,000 $2,625,000 General Obligation-Class B 1 $2,000,000 $0 $0 $2,000,000 3 $8,985,000 $3,135,000 $1,225,000 $4,625,000 0 $0 $0 $0 $0 0 $0 $0 $0 $0 General Obligation 1 $1,470,000 $0 $460,000 $1,010,000 General Obligation-Class B 1 $5,650,000 $0 $35,000 $5,615,000 2 $7,120,000 $0 $495,000 $6,625,000 $388,835,777 * Creighton ESD $61,062,522 * $12,705,000 Tolleson ESD Totals for Tolleson ESD $19,535,975 $3,255,000 $17,287,574 $2,625,000 $20,218,340 $1,010,000 Murphy ESD Totals for Murphy ESD Gila Bend USD Totals for Gila Bend USD 25 $36,705,000 $368,370,000 Totals for Creighton ESD 24 7 3 General Obligation 21 CURRENT OUTSTANDING PRINCIPAL 13 Totals for Peoria USD 17 PAID IN FISCAL YEAR 2006 30% DEBT LIMIT USED $19,110,000 Peoria USD General Obligation 14 PAID THROUGH 6/30/05 Wickenburg USD General Obligation 11 ORIGINAL PRINCIPAL Liberty ESD Totals for Liberty ESD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $159,117,000 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 28 # OF ISSUES $11,730,000 $1,780,000 $1,870,000 $69,890,000 $21,475,000 $2,460,000 $45,955,000 $16,000,000 $0 $0 $16,000,000 7 $101,270,000 $33,205,000 $4,240,000 $63,825,000 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED $270,587,791 * $45,955,000 Balsz ESD 3 $22,235,000 $6,690,000 $1,720,000 $13,825,000 3 $22,235,000 $6,690,000 $1,720,000 $13,825,000 General Obligation 3 $3,990,000 $2,380,000 $295,000 $1,315,000 General Obligation-Class B 1 $5,230,000 $0 $0 $5,230,000 4 $9,220,000 $2,380,000 $295,000 $6,545,000 General Obligation 4 $68,550,000 $24,980,000 $3,570,000 $40,000,000 General Obligation-Class B 2 $30,500,000 $0 $0 $30,500,000 6 $99,050,000 $24,980,000 $3,570,000 $70,500,000 General Obligation 6 $45,945,000 $20,715,000 $7,890,000 $17,340,000 General Obligation-Class B 2 $24,725,000 $4,500,000 $2,900,000 $17,325,000 8 $70,670,000 $25,215,000 $10,790,000 $34,665,000 General Obligation 9 $143,437,000 $62,862,000 $13,330,000 $67,245,000 General Obligation-Class B 1 $65,000,000 $0 $0 $65,000,000 10 $208,437,000 $62,862,000 $13,330,000 $132,245,000 3 $14,000,000 $2,800,000 $1,125,000 $10,075,000 3 $14,000,000 $2,800,000 $1,125,000 $10,075,000 $48,348,652 $13,825,000 $15,690,115 $1,315,000 $148,122,864 $40,000,000 $53,129,965 $17,340,000 Buckeye ESD Madison ESD Totals for Madison ESD Glendale ESD Totals for Glendale ESD Gilbert USD Totals for Gilbert USD 44 $15,380,000 5 Totals for Buckeye ESD 41 1 1 General Obligation 40 CURRENT OUTSTANDING PRINCIPAL General Obligation Totals for Balsz ESD 38 PAID IN FISCAL YEAR 2006 General Obligation-Class B Totals for Kyrene ESD 33 PAID THROUGH 6/30/05 Kyrene ESD Certificate of Participation 31 ORIGINAL PRINCIPAL $423,600,027 * Avondale ESD General Obligation Totals for Avondale ESD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $36,092,999 $10,075,000 $67,245,000 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 45 # OF ISSUES General Obligation-Class B Totals for Fowler ESD Totals for Arlington ESD General Obligation-Class B Totals for Scottsdale USD $9,375,000 $3,315,000 2 $7,795,000 $0 $0 $7,795,000 7 $17,170,000 $4,705,000 $1,355,000 $11,110,000 1 $2,265,000 $0 $160,000 $2,105,000 1 $2,265,000 $0 $160,000 $2,105,000 14 $442,682,000 $222,027,000 $21,855,000 $198,800,000 1 $100,000,000 $0 $0 $100,000,000 15 $542,682,000 $222,027,000 $21,855,000 $298,800,000 0 $0 $0 $0 $0 0 $0 $0 $0 $0 General Obligation 4 $7,000,000 $3,770,000 $475,000 $2,755,000 1 $3,000,000 $0 $0 $3,000,000 5 $10,000,000 $3,770,000 $475,000 $5,755,000 Higley USD General Obligation-Class B 3 $22,795,000 $200,000 $700,000 $21,895,000 3 $22,795,000 $200,000 $700,000 $21,895,000 1 $1,385,000 $0 $0 $1,385,000 1 $1,385,000 $0 $0 $1,385,000 0 $0 $0 $0 $0 0 $0 $0 $0 $0 Union ESD General Obligation-Class B Totals for Union ESD 63 5 General Obligation-Class B Totals for Higley USD 62 $1,355,000 15% DEBT LIMIT USED $26,783,723 30% DEBT LIMIT 30% DEBT LIMIT USED $3,315,000 $1,219,336,583 Laveen ESD Totals for Laveen ESD 60 $4,705,000 15% DEBT LIMIT Palo Verde ESD Totals for Palo Verde ESD 59 CURRENT OUTSTANDING PRINCIPAL Scottsdale USD General Obligation 49 PAID IN FISCAL YEAR 2006 Arlington ESD General Obligation-Class B 48 PAID THROUGH 6/30/05 Fowler ESD General Obligation 47 ORIGINAL PRINCIPAL Aguila ESD Totals for Aguila ESD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $16,507,309 $2,755,000 $198,800,000 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 65 # OF ISSUES Totals for Littleton ESD Totals for Roosevelt ESD General Obligation General Obligation-Class B Totals for Paradise Valley USD General Obligation 2 $1,825,000 $515,000 $20,000 $1,290,000 2 $1,825,000 $515,000 $20,000 $1,290,000 4 $49,100,000 $24,765,000 $1,845,000 $22,490,000 4 $49,100,000 $24,765,000 $1,845,000 $22,490,000 $24,852,924 * $1,290,000 $88,828,270 $22,490,000 6 $54,805,000 $19,340,000 $1,820,000 $33,645,000 6 $54,805,000 $19,340,000 $1,820,000 $33,645,000 $61,667,093 $33,645,000 20 $461,755,000 $228,810,000 $17,675,000 $215,270,000 6 $137,675,000 $26,640,000 $12,825,000 $98,210,000 26 $599,430,000 $255,450,000 $30,500,000 $313,480,000 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 $0 $0 $0 $0 $817,445,435 $215,270,000 7 $25,805,000 $8,765,000 $2,690,000 $14,350,000 7 $25,805,000 $8,765,000 $2,690,000 $14,350,000 12 $175,530,000 $87,255,000 $15,815,000 $72,460,000 $66,636,989 $14,350,000 Chandler USD General Obligation General Obligation-Class B Totals for Chandler USD 81 30% DEBT LIMIT USED Litchfield ESD Totals for Litchfield ESD 80 30% DEBT LIMIT Morristown ESD Totals for Morristown ESD 79 15% DEBT LIMIT USED Sentinel ESD Totals for Sentinel ESD 75 15% DEBT LIMIT Paradise Valley USD General Obligation 71 CURRENT OUTSTANDING PRINCIPAL Alhambra ESD Totals for Alhambra ESD 69 PAID IN FISCAL YEAR 2006 Roosevelt ESD General Obligation 68 PAID THROUGH 6/30/05 Littleton ESD General Obligation 66 ORIGINAL PRINCIPAL 2 $73,950,000 $6,220,000 $0 $67,730,000 14 $249,480,000 $93,475,000 $15,815,000 $140,190,000 1 $2,000,000 $0 $0 $2,000,000 1 $2,000,000 $0 $0 $2,000,000 Nadaburg ESD General Obligation-Class B Totals for Nadaburg ESD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $470,192,329 * $72,460,000 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 83 # OF ISSUES Totals for Cartwright ESD $335,000 $0 1 $2,560,000 $2,225,000 $335,000 $0 0 $0 $0 $0 $0 0 $0 $0 $0 $0 $18,010,000 $270,000 $1,820,000 $15,920,000 4 $74,040,000 $15,955,000 $0 $58,085,000 6 $92,050,000 $16,225,000 $1,820,000 $74,005,000 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED $242,365,809 $15,920,000 $387,225,834 $24,615,000 $47,641,679 $14,165,000 Saddle Mountain USD 1 $25,000,000 $3,355,000 $2,015,000 $19,630,000 1 $25,000,000 $3,355,000 $2,015,000 $19,630,000 1 $7,400,000 $5,500,000 $930,000 $970,000 Pendergast ESD General Obligation 6 $11,645,000 $5,800,000 $820,000 $5,025,000 General Obligation-Class B 4 $13,935,000 $1,450,000 $1,130,000 $11,355,000 11 $32,980,000 $12,750,000 $2,880,000 $17,350,000 General Obligation 3 $54,605,000 $20,155,000 $9,835,000 $24,615,000 General Obligation-Class B 1 $5,000,000 $0 $0 $5,000,000 4 $59,605,000 $20,155,000 $9,835,000 $29,615,000 0 $0 $0 $0 $0 0 $0 $0 $0 $0 General Obligation 4 $25,695,000 $10,805,000 $725,000 $14,165,000 General Obligation-Class B 2 $14,220,000 $1,935,000 $1,550,000 $10,735,000 6 $39,915,000 $12,740,000 $2,275,000 $24,900,000 Totals for Pendergast ESD $40,895,461 $5,025,000 Cave Creek USD Totals for Cave Creek USD Paloma ESD Totals for Paloma ESD 95 $2,225,000 2 Certificate of Participation 94 $2,560,000 General Obligation General Obligation-Class B 93 1 General Obligation-Class B Totals for Saddle Mountain USD 92 CURRENT OUTSTANDING PRINCIPAL Dysart USD Totals for Dysart USD 90 PAID IN FISCAL YEAR 2006 Mobile ESD Totals for Mobile ESD 89 PAID THROUGH 6/30/05 Cartwright ESD Certificate of Participation 86 ORIGINAL PRINCIPAL Queen Creek USD Totals for Queen Creek USD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 97 # OF ISSUES General Obligation-Class B Totals for Deer Valley USD General Obligation-Class B $112,365,000 $18,135,000 $102,710,000 4 $102,500,000 $10,150,000 $11,400,000 $80,950,000 15 $335,710,000 $122,515,000 $29,535,000 $183,660,000 6 $35,525,000 $17,870,000 $5,350,000 $12,305,000 $16,000,000 $8,565,000 $1,250,000 $6,185,000 $26,435,000 $6,600,000 $18,490,000 15% DEBT LIMIT 15% DEBT LIMIT USED General Obligation 2 $11,210,000 $3,985,000 $1,700,000 $5,525,000 General Obligation-Class B 2 $16,020,000 $1,325,000 $1,690,000 $13,005,000 4 $27,230,000 $5,310,000 $3,390,000 $18,530,000 General Obligation 3 $62,720,000 $9,215,000 $6,280,000 $47,225,000 General Obligation-Class B 2 $80,000,000 $760,000 $2,500,000 $76,740,000 5 $142,720,000 $9,975,000 $8,780,000 $123,965,000 General Obligation 6 $327,230,000 $187,090,000 $12,425,000 $127,715,000 General Obligation-Class B 2 $115,000,000 $1,500,000 $985,000 $112,515,000 8 $442,230,000 $188,590,000 $13,410,000 $240,230,000 8 $312,590,000 $158,610,000 $18,055,000 $135,925,000 8 $312,590,000 $158,610,000 $18,055,000 $135,925,000 Buckeye UHSD $64,638,919 $5,525,000 $270,666,865 $47,225,000 $774,547,426 $127,715,000 $519,009,882 $135,925,000 $116,807,178 $27,340,000 Glendale UHSD Phoenix UHSD Totals for Phoenix UHSD Tempe UHSD General Obligation Totals for Tempe UHSD 214 $233,210,000 $51,525,000 Totals for Glendale UHSD 213 11 2 Totals for Buckeye UHSD 210 CURRENT OUTSTANDING PRINCIPAL 8 Totals for Fountain Hills USD 205 PAID IN FISCAL YEAR 2006 30% DEBT LIMIT 30% DEBT LIMIT USED $588,012,960 $102,710,000 $115,999,010 $12,305,000 Fountain Hills USD General Obligation 201 PAID THROUGH 6/30/05 Deer Valley USD General Obligation 98 ORIGINAL PRINCIPAL Tolleson UHSD General Obligation 8 $47,085,000 $16,915,000 $2,830,000 $27,340,000 General Obligation-Class B 2 $37,000,000 $850,000 $1,700,000 $34,450,000 10 $84,085,000 $17,765,000 $4,530,000 $61,790,000 Totals for Tolleson UHSD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 216 # OF ISSUES PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL $9,090,000 $1,830,000 $22,450,000 15% DEBT LIMIT 15% DEBT LIMIT USED Agua Fria UHSD General Obligation General Obligation-Class B Totals for Agua Fria UHSD 401 ORIGINAL PRINCIPAL 7 $33,370,000 3 $39,165,000 $2,650,000 $3,275,000 $33,240,000 10 $72,535,000 $11,740,000 $5,105,000 $55,690,000 0 $0 $0 $0 $0 0 $0 $0 $0 $0 East Valley Inst. Of Tech Totals for East Valley Inst. Of Tech Certificate of Participation General Obligation General Obligation-Class B Grand Totals: 3 $25,340,000 $19,455,000 $3,045,000 $2,840,000 255 $4,011,979,000 $1,887,573,000 $232,899,000 $1,891,507,000 69 $1,253,595,000 $110,450,000 $57,795,000 $1,085,350,000 327 $5,290,914,000 $2,017,478,000 $293,739,000 $2,979,697,000 Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $102,729,989 $22,450,000 30% DEBT LIMIT 30% DEBT LIMIT USED TABLE 12 MOHAVE COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 2 # OF ISSUES 1 2 3 $5,255,000 $20,785,000 $26,040,000 $5,255,000 $0 $5,255,000 $0 $2,015,000 $2,015,000 $0 $18,770,000 $18,770,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 2 $925,000 $1,300,000 $2,225,000 $925,000 $0 $925,000 $0 $360,000 $360,000 $0 $940,000 $940,000 1 1 $625,000 $625,000 $205,000 $205,000 $40,000 $40,000 $380,000 $380,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $1,187,000 $1,187,000 $777,000 $777,000 $90,000 $90,000 $320,000 $320,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $1,885,000 $1,885,000 $405,000 $405,000 $85,000 $85,000 $1,395,000 $1,395,000 $2,169,801 $380,000 $3,558,790 $320,000 Yucca ESD Totals for Yucca ESD 14 30% DEBT LIMIT USED Topock ESD General Obligation Totals for Topock ESD 13 30% DEBT LIMIT Fredonia-Moccasin USD Totals for Fredonia-Moccasin USD 12 15% DEBT LIMIT USED Littlefield ESD General Obligation Totals for Littlefield ESD 10 15% DEBT LIMIT Peach Springs USD General Obligation General Obligation-Class B Totals for Peach Springs USD 9 CURRENT OUTSTANDING PRINCIPAL Owens ESD Totals for Owens ESD 8 PAID IN FISCAL YEAR 2006 Hackberry ESD Totals for Hackberry ESD 6 PAID THROUGH 6/30/05 Colorado River UHSD General Obligation General Obligation-Class B Totals for Colorado River UHSD 3 ORIGINAL PRINCIPAL Colorado City USD General Obligation Totals for Colorado City USD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $3,044,136 $1,395,000 TABLE 12 MOHAVE COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 15 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED 2 2 $10,305,000 $10,305,000 $5,575,000 $5,575,000 $1,325,000 $1,325,000 $3,405,000 $3,405,000 $36,806,865 $3,405,000 2 2 $21,550,000 $21,550,000 $11,505,000 $11,505,000 $815,000 $815,000 $9,230,000 $9,230,000 $21,859,845 $9,230,000 2 2 $10,425,000 $10,425,000 $4,935,000 $4,935,000 $1,650,000 $1,650,000 $3,840,000 $3,840,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 6 6 $66,555,000 $66,555,000 $30,745,000 $30,745,000 $2,540,000 $2,540,000 $33,270,000 $33,270,000 1 1 $16,800,000 $16,800,000 $15,725,000 $15,725,000 $1,075,000 $1,075,000 $0 $0 19 $135,512,000 $76,052,000 $7,620,000 $51,840,000 3 $22,085,000 $0 $2,375,000 $19,710,000 22 $157,597,000 $76,052,000 $9,995,000 $71,550,000 $119,809,401 $3,840,000 $187,405,691 $33,270,000 Lake Havasu USD General Obligation Totals for Lake Havasu USD 30 CURRENT OUTSTANDING PRINCIPAL Valentine ESD Totals for Valentine ESD 25 PAID IN FISCAL YEAR 2006 Kingman USD General Obligation Totals for Kingman USD 22 PAID THROUGH 6/30/05 Mohave Valley ESD General Obligation Totals for Mohave Valley ESD 20 ORIGINAL PRINCIPAL Bullhead City ESD General Obligation Totals for Bullhead City ESD 16 # OF ISSUES Mohave UHSD General Obligation Totals for Mohave UHSD General Obligation General Obligation-Class B Grand Totals: Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 13 NAVAJO COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES $7,275,000 $35,000 $7,310,000 $870,000 $0 $870,000 $847,832 $17,168 $865,000 $5,557,168 $17,832 $5,575,000 $12,349,374 $5,557,168 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $4,098,000 $4,098,000 $0 $0 $0 $0 $4,098,000 $4,098,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $6,300,000 $6,300,000 $100,000 $100,000 $200,000 $200,000 $6,000,000 $6,000,000 1 1 $3,150,000 $3,150,000 $1,100,000 $1,100,000 $475,000 $475,000 $1,575,000 $1,575,000 $21,151,604 $1,575,000 4 4 $24,525,000 $24,525,000 $13,930,000 $13,930,000 $790,000 $790,000 $9,805,000 $9,805,000 $40,631,587 $9,805,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $5,240,000 $5,240,000 $1,590,000 $1,590,000 $1,480,000 $1,480,000 $2,170,000 $2,170,000 Cedar USD Totals for Cedar USD 27 2 1 3 Whiteriver USD Totals for Whiteriver USD 25 30% DEBT LIMIT USED Show Low USD General Obligation Totals for Show Low USD 20 30% DEBT LIMIT Heber-Overgaard USD General Obligation Totals for Heber-Overgaard USD 10 15% DEBT LIMIT USED Snowflake USD General Obligation-Class B Totals for Snowflake USD 6 15% DEBT LIMIT Pinon USD Totals for Pinon USD 5 CURRENT OUTSTANDING PRINCIPAL Holbrook USD General Obligation-Class B Totals for Holbrook USD 4 PAID IN FISCAL YEAR 2006 Joseph City USD Totals for Joseph City USD 3 PAID THROUGH 6/30/05 Winslow USD General Obligation General Obligation-Class B Totals for Winslow USD 2 ORIGINAL PRINCIPAL Kayenta USD General Obligation-Class B 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 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 32 # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED Blue Ridge USD General Obligation General Obligation-Class B Totals for Blue Ridge USD 2 1 3 $22,585,000 $15,000,000 $37,585,000 $11,520,000 $0 $11,520,000 $1,015,000 $0 $1,015,000 $10,050,000 $15,000,000 $25,050,000 General Obligation 9 $57,535,000 $27,420,000 $3,127,832 $26,987,168 General Obligation-Class B 6 $30,673,000 $1,690,000 $1,697,168 $27,285,832 15 $88,208,000 $29,110,000 $4,825,000 $54,273,000 Grand Totals: Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $59,231,587 $10,050,000 TABLE 14 PIMA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED 7 1 8 $509,455,000 $47,000,000 $556,455,000 $209,470,000 $0 $209,470,000 $71,120,000 $810,000 $71,930,000 $228,865,000 $46,190,000 $275,055,000 $794,950,328 6 6 $168,325,000 $168,325,000 $83,760,000 $83,760,000 $13,705,000 $13,705,000 $70,860,000 $70,860,000 $323,302,917 $70,860,000 8 8 $90,725,000 $90,725,000 $43,930,000 $43,930,000 $5,025,000 $5,025,000 $41,770,000 $41,770,000 $99,994,685 $41,770,000 2 2 $7,150,000 $7,150,000 $980,000 $980,000 $885,000 $885,000 $5,285,000 $5,285,000 $43,536,985 $5,285,000 2 2 $6,400,000 $6,400,000 $3,140,000 $3,140,000 $505,000 $505,000 $2,755,000 $2,755,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 25 $782,055,000 $341,280,000 $91,240,000 $349,535,000 1 $47,000,000 $0 $810,000 $46,190,000 26 $829,055,000 $341,280,000 $92,050,000 $395,725,000 Continental ESD General Obligation Totals for Continental ESD 51 15% DEBT LIMIT * $228,865,000 Tanque Verde USD General Obligation Totals for Tanque Verde USD 39 CURRENT OUTSTANDING PRINCIPAL Sunnyside USD General Obligation Totals for Sunnyside USD 13 PAID IN FISCAL YEAR 2006 Amphitheater USD General Obligation Totals for Amphitheater USD 12 PAID THROUGH 6/30/05 Tucson USD General Obligation General Obligation-Class B Totals for Tucson USD 10 ORIGINAL PRINCIPAL Altar Valley ESD Totals for Altar Valley ESD General Obligation General Obligation-Class B Grand Totals: Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds. $31,456,057 $2,755,000 TABLE 15 PINAL COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES $9,080,000 $9,080,000 $0 $0 $500,000 $500,000 $8,580,000 $8,580,000 1 1 $700,000 $700,000 $700,000 $700,000 $0 $0 $0 $0 1 1 $2,750,000 $2,750,000 $400,000 $400,000 $135,000 $135,000 $2,215,000 $2,215,000 3 1 4 $17,155,000 $13,000,000 $30,155,000 $4,395,000 $0 $4,395,000 $3,000,000 $890,000 $3,890,000 $9,760,000 $12,110,000 $21,870,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $4,270,000 $4,270,000 $1,215,000 $1,215,000 $695,000 $695,000 $2,360,000 $2,360,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $2,300,000 $2,300,000 $295,000 $295,000 $110,000 $110,000 $1,895,000 $1,895,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 4 4 $4,946,465 $4,946,465 $1,061,465 $1,061,465 $400,000 $400,000 $3,485,000 $3,485,000 $40,160,486 $9,760,000 $6,527,660 $2,360,000 $4,994,306 $1,895,000 $21,973,181 $3,485,000 Sacaton ESD Totals for Sacaton ESD 20 1 1 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 USD 11 15% DEBT LIMIT USED Red Rock ESD Totals for Red Rock ESD 8 15% DEBT LIMIT Casa Grande ESD General Obligation General Obligation-Class B Totals for Casa Grande ESD 5 CURRENT OUTSTANDING PRINCIPAL Ray USD General Obligation-Class B Totals for Ray USD 4 PAID IN FISCAL YEAR 2006 Oracle ESD General Obligation Totals for Oracle ESD 3 PAID THROUGH 6/30/05 Florence USD General Obligation-Class B Totals for Florence USD 2 ORIGINAL PRINCIPAL Maricopa USD General Obligation Totals for Maricopa USD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 15 PINAL COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 21 # OF ISSUES $735,000 $9,285,000 $10,020,000 2 2 $1,620,000 $1,620,000 $1,045,000 $1,045,000 $575,000 $575,000 $0 $0 30% DEBT LIMIT USED 2 1 3 $2,147,000 $1,185,000 $3,332,000 $1,997,000 $80,000 $2,077,000 $150,000 $115,000 $265,000 $0 $990,000 $990,000 1 1 $1,200,000 $1,200,000 $745,000 $745,000 $145,000 $145,000 $310,000 $310,000 6 2 8 $59,115,000 $28,000,000 $87,115,000 $25,835,000 $0 $25,835,000 $2,725,000 $0 $2,725,000 $30,555,000 $28,000,000 $58,555,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $16,090,000 $16,090,000 $5,712,000 $5,712,000 $2,200,000 $2,200,000 $8,178,000 $8,178,000 $52,600,280 $8,178,000 2 2 $6,475,000 $6,475,000 $2,430,000 $2,430,000 $500,000 $500,000 $3,545,000 $3,545,000 $9,397,588 $3,545,000 General Obligation 25 $115,133,465 $44,385,465 $9,925,000 $60,823,000 General Obligation-Class B 11 $66,835,000 $2,630,000 $3,025,000 $61,180,000 Grand Totals: 36 $181,968,465 $47,015,465 $12,950,000 $122,003,000 $30,035,797 $735,000 $104,113,289 $30,555,000 Stanfield ESD Picacho ESD $1,897,919 $310,000 Apache Junction USD Combs ESD Casa Grande UHSD General Obligation Totals for Casa Grande UHSD 109 30% DEBT LIMIT Toltec ESD Totals for Combs ESD 102 15% DEBT LIMIT USED $0 $810,000 $810,000 General Obligation General Obligation-Class B Totals for Apache Junction USD 44 15% DEBT LIMIT $0 $1,105,000 $1,105,000 General Obligation Totals for Picacho ESD 43 CURRENT OUTSTANDING PRINCIPAL $735,000 $11,200,000 $11,935,000 General Obligation General Obligation-Class B Totals for Stanfield ESD 33 PAID IN FISCAL YEAR 2006 1 3 4 General Obligation-Class B Totals for Toltec ESD 24 PAID THROUGH 6/30/05 Coolidge USD General Obligation General Obligation-Class B Totals for Coolidge USD 22 ORIGINAL PRINCIPAL Santa Cruz Valley UHSD General Obligation Totals for Santa Cruz Valley UHSD *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds TABLE 16 SANTA CRUZ COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 1 $40,000 $40,000 $55,000 $55,000 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 $11,455,000 $11,455,000 $3,210,000 $3,210,000 $10,545,000 $10,545,000 General Obligation 5 $26,790,000 $12,940,000 $3,250,000 $10,600,000 Grand Totals: 5 $26,790,000 $12,940,000 $3,250,000 $10,600,000 $33,590,577 * $55,000 Patagonia ESD Patagonia UHSD Sonoita ESD Santa Cruz ESD Totals for Santa Cruz ESD 35 CURRENT OUTSTANDING PRINCIPAL $1,485,000 $1,485,000 Totals for Sonoita ESD 28 PAID IN FISCAL YEAR 2006 $1,580,000 $1,580,000 Totals for Patagonia UHSD 25 PAID THROUGH 6/30/05 2 2 Totals for Patagonia ESD 20 ORIGINAL PRINCIPAL Nogales USD General Obligation Totals for Nogales USD 6 # OF ISSUES Santa Cruz Valley USD General Obligation Totals for Santa Cruz Valley USD Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $32,091,544 $10,545,000 TABLE 17 YAVAPAI COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES $17,625,000 $18,700,000 $36,325,000 $15,610,000 $0 $15,610,000 $1,640,000 $0 $1,640,000 $375,000 $18,700,000 $19,075,000 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 $5,195,000 $5,195,000 $1,955,000 $1,955,000 $755,000 $755,000 $2,485,000 $2,485,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $13,975,000 $13,975,000 $6,685,000 $6,685,000 $3,570,000 $3,570,000 $3,720,000 $3,720,000 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 2 6 Champie ESD Totals for Champie ESD 15 30% DEBT LIMIT USED $203,257,688 $375,000 $31,105,379 $107,421,107 $3,720,000 $2,485,000 Sedona-Oak Creek USD General Obligation Totals for Sedona-Oak Creek USD 14 30% DEBT LIMIT Walnut Grove ESD Totals for Walnut Grove ESD 9 15% DEBT LIMIT USED Cottonwood-Oak Creek ES General Obligation Totals for Cottonwood-Oak Creek ESD 7 15% DEBT LIMIT Mingus UHSD Totals for Mingus UHSD 6 CURRENT OUTSTANDING PRINCIPAL Clarkdale-Jerome ESD Totals for Clarkdale-Jerome ESD 4 PAID IN FISCAL YEAR 2006 Williamson Valley ESD Totals for Williamson Valley ESD 3 PAID THROUGH 6/30/05 Prescott USD General Obligation General Obligation-Class B Totals for Prescott USD 2 ORIGINAL PRINCIPAL 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 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 20 1 1 $2,800,000 $2,800,000 $1,925,000 $1,925,000 $425,000 $425,000 $450,000 $450,000 $10,331,948 $450,000 5 5 $37,130,000 $37,130,000 $16,970,000 $16,970,000 $1,880,000 $1,880,000 $18,280,000 $18,280,000 $90,059,288 $18,280,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 2 $1,990,000 $1,990,000 $755,000 $755,000 $110,000 $110,000 $1,125,000 $1,125,000 1 1 $3,115,000 $3,115,000 $650,000 $650,000 $615,000 $615,000 $1,850,000 $1,850,000 $20,188,730 $1,850,000 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 $1,120,000 $1,120,000 $200,000 $200,000 $430,000 $430,000 $10,453,068 $430,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Crown King ESD Totals for Crown King ESD 43 30% DEBT LIMIT USED $4,205,480 $1,125,000 Seligman USD General Obligation Totals for Seligman USD 41 30% DEBT LIMIT Hillside ESD Totals for Hillside ESD 40 15% DEBT LIMIT USED Ash Fork USD Totals for Ash Fork USD 35 15% DEBT LIMIT Camp Verde USD General Obligation Totals for Camp Verde USD 31 CURRENT OUTSTANDING PRINCIPAL Beaver Creek ESD General Obligation Totals for Beaver Creek ESD 28 PAID IN FISCAL YEAR 2006 Kirkland ESD Totals for Kirkland ESD 26 PAID THROUGH 6/30/05 Humboldt USD General Obligation Totals for Humboldt USD 23 ORIGINAL PRINCIPAL Bagdad USD General Obligation 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 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 50 PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 15% DEBT LIMIT 15% DEBT LIMIT USED 30% DEBT LIMIT 30% DEBT LIMIT USED 0 0 $0 $0 $0 $0 $0 $0 $0 $0 4 4 $12,720,000 $12,720,000 $4,100,000 $4,100,000 $970,000 $970,000 $7,650,000 $7,650,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 22 $96,300,000 $49,770,000 $10,165,000 $36,365,000 2 $18,700,000 $0 $0 $18,700,000 24 $115,000,000 $49,770,000 $10,165,000 $55,065,000 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 General Obligation General Obligation-Class B Grand Totals: Return to Table of Contents *Debt limit has been reduced as a result of the use of Capital Appreciation Bonds $38,402,729 $7,650,000 TABLE 18 YUMA COUNTY SCHOOL DISTRICT FY 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type 1 # OF ISSUES General Obligation-Class B Totals for Crane ESD $24,225,000 $24,225,000 $2,919,792 $2,919,792 $19,270,208 $19,270,208 $71,095,556 $19,270,208 3 2 5 $1,150,000 $4,075,000 $5,225,000 $535,000 $460,000 $995,000 $115,000 $0 $115,000 $500,000 $3,615,000 $4,115,000 $5,322,700 $500,000 3 1 4 $11,355,000 $8,565,000 $19,920,000 $3,545,000 $0 $3,545,000 $500,000 $0 $500,000 $7,310,000 $8,565,000 $15,875,000 $20,858,999 $7,310,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $2,050,000 $2,050,000 $635,000 $635,000 $90,000 $90,000 $1,325,000 $1,325,000 $2,497,446 $1,325,000 1 1 $1,400,000 $1,400,000 $660,000 $660,000 $85,000 $85,000 $655,000 $655,000 $2,300,708 $655,000 5 5 $1,825,000 $1,825,000 $840,000 $840,000 $30,000 $30,000 $955,000 $955,000 $5,764,842 * $955,000 1 1 $2,200,000 $2,200,000 $1,920,000 $1,920,000 $0 $0 $280,000 $280,000 $6,264,984 $280,000 4 1 5 $23,740,000 $34,375,000 $58,115,000 $10,235,000 $0 $10,235,000 $6,840,000 $4,785,000 $11,625,000 $6,665,000 $29,590,000 $36,255,000 $103,125,425 $6,665,000 Antelope UHSD General Obligation Totals for Antelope UHSD 70 $46,415,000 $46,415,000 Gadsden ESD General Obligation Totals for Gadsden ESD 50 5 5 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 Totals for Hyder ESD 17 CURRENT OUTSTANDING PRINCIPAL Crane ESD General Obligation 16 PAID IN FISCAL YEAR 2006 Somerton ESD General Obligation General Obligation-Class B Totals for Somerton ESD 13 PAID THROUGH 6/30/05 Yuma ESD General Obligation Totals for Yuma ESD 11 ORIGINAL PRINCIPAL Yuma UHSD General Obligation General Obligation-Class B 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 2006 BONDED INDEBTEDNESS AND DEBT LIMITATION SCHOOL DISTRICT NAME Bond Type General Obligation General Obligation-Class B Grand Totals: # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 23 $90,135,000 $42,595,000 $10,579,792 $36,960,208 4 $47,015,000 $460,000 $4,785,000 $41,770,000 27 $137,150,000 $43,055,000 $15,364,792 $78,730,208 Return to Table of Contents *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, 2006, BY SCHOOL DISTRICT SCHOOL DISTRICT Paradise Valley USD Scottsdale USD Tucson USD Phoenix UHSD Peoria USD Mesa USD Deer Valley USD Chandler USD Tempe UHSD Gilbert USD Washington ESD Glendale UHSD Dysart USD Amphitheater USD Madison ESD Tempe ESD Kyrene ESD Tolleson UHSD Apache Junction USD Agua Fria UHSD Phoenix ESD Sunnyside USD Yuma UHSD Glendale ESD Alhambra ESD Lake Havasu USD Cave Creek USD Blue Ridge USD Queen Creek USD Osborn ESD Roosevelt ESD Flagstaff USD Higley USD Casa Grande ESD Wickenburg USD Saddle Mountain USD Yuma ESD Prescott USD Colorado River UHSD Buckeye UHSD Fountain Hills USD Humboldt USD Pendergast ESD Crane ESD Litchfield ESD Balsz ESD Creighton ESD Sierra Vista USD Fowler ESD Riverside ESD Santa Cruz Valley USD COUNTY Maricopa Maricopa Pima Maricopa Maricopa Maricopa Maricopa Maricopa Maricopa Maricopa Maricopa Maricopa Maricopa Pima Maricopa Maricopa Maricopa Maricopa Pinal Maricopa Maricopa Pima Yuma Maricopa Maricopa Mohave Maricopa Navajo Maricopa Maricopa Maricopa Coconino Maricopa Pinal Maricopa Maricopa Yuma Yavapai Mohave Maricopa Maricopa Yavapai Maricopa Yuma Maricopa Maricopa Maricopa Cochise Maricopa Maricopa Santa Cruz OUTSTANDING BONDED DEBT PER DEBT PER INDEBTEDNESS STUDENT STUDENT RANK $313,480,000 $9,511 13 $298,800,000 $11,726 7 $275,055,000 $4,843 36 $240,230,000 $10,250 9 $234,117,000 $6,508 26 $210,675,000 $3,040 59 $183,660,000 $5,521 31 $140,190,000 $4,611 38 $135,925,000 $10,230 10 $132,245,000 $3,727 47 $124,120,000 $5,350 34 $123,965,000 $8,395 18 $74,005,000 $4,417 40 $70,860,000 $4,490 39 $70,500,000 $14,248 5 $69,300,000 $5,466 32 $63,825,000 $3,661 52 $61,790,000 $8,418 17 $58,555,000 $10,479 8 $55,690,000 $11,801 6 $43,895,000 $5,966 27 $41,770,000 $2,651 71 $36,255,000 $3,705 49 $34,665,000 $2,711 69 $33,645,000 $2,311 79 $33,270,000 $5,344 35 $29,615,000 $5,640 30 $25,050,000 $9,706 11 $24,900,000 $7,636 22 $23,825,000 $6,890 25 $22,490,000 $1,891 90 $22,395,000 $2,105 82 $21,895,000 $3,274 56 $21,870,000 $3,535 53 $20,995,000 $18,193 3 $19,630,000 $21,548 2 $19,270,208 $1,922 87 $19,075,000 $3,718 48 $18,770,000 $8,028 20 $18,530,000 $8,481 16 $18,490,000 $8,393 19 $18,280,000 $3,093 58 $17,350,000 $1,759 96 $15,875,000 $2,716 68 $14,350,000 $1,949 85 $13,825,000 $4,115 43 $12,705,000 $1,657 98 $12,035,000 $1,948 86 $11,110,000 $2,817 66 $10,960,000 $14,613 4 $10,545,000 $3,165 57 TABLE 19 OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2006, BY SCHOOL DISTRICT SCHOOL DISTRICT Avondale ESD Coolidge USD Show Low USD Mohave Valley ESD Florence USD Casa Grande UHSD Safford USD Chino Valley USD Liberty ESD Buckeye ESD Snowflake USD Laveen ESD Winslow USD Tanque Verde USD Isaac ESD Tolleson ESD Payson USD Murphy ESD Somerton ESD Wilson ESD Holbrook USD Kingman USD Douglas USD Sedona-Oak Creek USD Globe USD Santa Cruz Valley UHSD Maricopa USD Bullhead City ESD Hayden-Winkelman USD Thatcher USD Page USD Bisbee USD Continental ESD Duncan USD Grand Canyon USD Bicentennial UHSD Cottonwood-Oak Creek ESD Mammoth-San Manuel USD Tuba City USD Ray USD Kayenta USD Morenci USD Arlington ESD Nadaburg ESD St David USD Superior USD Camp Verde USD Heber-Overgaard USD Colorado City USD Union ESD Mohawk Valley ESD COUNTY Maricopa Pinal Navajo Mohave Pinal Pinal Graham Yavapai Maricopa Maricopa Navajo Maricopa Navajo Pima Maricopa Maricopa Gila Maricopa Yuma Maricopa Navajo Mohave Cochise Yavapai Gila Pinal Pinal Mohave Gila Graham Coconino Cochise Pima Greenlee Coconino La Paz Yavapai Pinal Coconino Pinal Navajo Greenlee Maricopa Maricopa Cochise Pinal Yavapai Navajo Mohave Maricopa Yuma OUTSTANDING BONDED DEBT PER DEBT PER INDEBTEDNESS STUDENT STUDENT RANK $10,075,000 $1,896 89 $10,020,000 $2,658 70 $9,805,000 $4,089 44 $9,230,000 $1,165 107 $8,580,000 $1,891 91 $8,178,000 $2,734 67 $7,730,000 $2,945 60 $7,650,000 $2,930 61 $6,625,000 $2,523 74 $6,545,000 $2,466 76 $6,000,000 $2,492 75 $5,755,000 $2,145 81 $5,575,000 $2,427 77 $5,285,000 $4,155 42 $5,040,000 $626 118 $4,755,000 $1,900 88 $4,725,000 $1,813 95 $4,625,000 $1,852 92 $4,115,000 $1,624 99 $4,105,000 $3,412 55 $4,098,000 $2,095 83 $3,840,000 $529 120 $3,750,000 $943 113 $3,720,000 $2,567 73 $3,600,000 $1,834 94 $3,545,000 $7,118 23 $3,485,000 $1,440 101 $3,405,000 $920 114 $3,200,000 $8,020 21 $3,195,000 $2,820 65 $2,950,000 $1,035 110 $2,825,000 $3,496 54 $2,755,000 $9,599 12 $2,600,000 $7,046 24 $2,570,000 $8,801 15 $2,550,000 $23,182 1 $2,485,000 $1,013 111 $2,360,000 $2,010 84 $2,235,000 $1,037 109 $2,215,000 $3,698 50 $2,170,000 $945 112 $2,115,000 $2,279 80 $2,105,000 $9,314 14 $2,000,000 $2,886 62 $1,920,000 $3,879 45 $1,895,000 $3,859 46 $1,850,000 $1,333 106 $1,575,000 $2,828 64 $1,395,000 $4,202 41 $1,385,000 $1,402 103 $1,325,000 $5,736 29 TABLE 19 OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2006, BY SCHOOL DISTRICT SCHOOL DISTRICT Williams USD Littleton ESD Quartzsite ESD Beaver Creek ESD Clifton USD Stanfield ESD Benson USD Gadsden ESD Peach Springs USD Sanders USD Valley UHSD Wellton ESD Bagdad USD Seligman USD Littlefield ESD Topock ESD Picacho ESD Antelope UHSD Salome ESD San Carlos USD Pomerene ESD Nogales USD Catalina Foothills USD Flowing Wells USD Marana USD Sahuarita USD Vail ESD COUNTY Coconino Maricopa La Paz Yavapai Greenlee Pinal Cochise Yuma Mohave Apache Cochise Yuma Yavapai Yavapai Mohave Mohave Pinal Yuma La Paz Gila Cochise Santa Cruz Pima Pima Pima Pima Pima OUTSTANDING BONDED DEBT PER DEBT PER INDEBTEDNESS STUDENT STUDENT RANK $1,300,000 $1,836 93 $1,290,000 $343 121 $1,245,000 $4,698 37 $1,125,000 $3,664 51 $1,025,000 $5,758 28 $990,000 $1,420 102 $955,000 $1,054 108 $955,000 $215 122 $940,000 $1,561 100 $900,000 $854 115 $830,000 $5,390 33 $655,000 $1,728 97 $450,000 $1,347 105 $430,000 $2,829 63 $380,000 $772 117 $320,000 $2,406 78 $310,000 $1,390 104 $280,000 $807 116 $270,000 $2,571 72 $155,000 $132 123 $70,000 $625 119 $55,000 $9 124 Did not report Did not report Did not report Did not report Did not report Return to Table of Contents 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 twelve of the fifteen counties. Of the 535 known special districts, reports have been received on the presence or absence of bonded indebtedness for 480 special districts. The following table shows the outstanding debt at the end of FY2005/06 and the outstanding debt at the end of FY2004/05 for the special districts within each county. (All dollar amounts are in millions.) The last two columns show the number of special districts reporting in each county that had outstanding debt at the end of the fiscal year. Remember that they are not necessarily the same special districts with debt from year to year. COUNTY Apache Cochise Coconino Gila Graham Greenlee La Paz Maricopa Mohave Navajo Pima Pinal Santa Cruz Yavapai Yuma FY06 $1.1 $1.6 $22.4 $0.2 $0.0 $0.0 $0.6 $447.8 $34.7 $13.9 $214.6 $104.5 $0.0 $77.7 $29.5 FY05 $1.3 $1.9 $25.9 $0.2 $0.0 $0.0 $0.9 $466.6 $39.4 $15.5 $199.0 $95.5 $0.0 $80.8 $19.5 # 06 4 1 18 2 0 0 2 43 8 14 15 14 0 18 8 # 05 4 1 17 2 0 0 2 47 9 22 15 15 0 18 6 The total outstanding debt for the 147 special districts reporting debt as of June 30, 2006 was $948.6 million. (Do not try to compare this number with the $946.5 million reported last year. Some districts that reported last year did not report this year and vice versa.) The remaining 333 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, 2006. However, the year-end balances should reflect any July 1, 2006 payments if the amount has been deposited into a dedicated fund for the payment of the principal. Return to Table of Contents TABLE 20 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN APACHE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 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 Alpine Sanitary District Totals for Alpine Sanitary District Apache County Flood District Totals for Apache County Flood District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Apache County Jail District Totals for Apache County Jail District Apache County Library District Totals for Apache County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $88,000 $68,000 $7,000 $13,000 1 $88,000 $68,000 $7,000 $13,000 1 1 $690,000 $690,000 $125,000 $125,000 $50,000 $50,000 $515,000 $515,000 1 $575,000 $245,000 $58,000 $272,000 1 $575,000 $245,000 $58,000 $272,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $1,167,000 $752,000 $75,000 $340,000 1 $1,167,000 $752,000 $75,000 $340,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Concho Fire District Totals for Concho Fire District Crosby Acres Special District Special Assessment Totals for Crosby Acres Special District Ganado Fire District General Obligation Totals for Ganado Fire District 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 Health Care District Totals for Northern Apache County Health Care Dis Ojo Bonito Water Improvement District Totals for Ojo Bonito Water Improvement District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Puerco Valley Fire District Totals for Puerco Valley Fire District Vernon Domestic Water Improvement District Totals for Vernon Domestic Water Improvement Dis 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 20 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN APACHE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL White Mountain Communities Health Care District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 General Obligation 1 $690,000 $125,000 $50,000 $515,000 Special Assessment 3 $1,830,000 $1,065,000 $140,000 $625,000 Grand Totals: 4 $2,520,000 $1,190,000 $190,000 $1,140,000 Totals for White Mountain Communities Health Car Return to Table of Contents TABLE 21 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN COCHISE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 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 Bowie Light District Totals for Bowie Light District Carmel Light District Totals for Carmel Light District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Cochise County Flood Control District Totals for Cochise County Flood Control Distric Cochise County Library District Totals for Cochise County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Elfrida Fire District Totals for Elfrida Fire District Golden Acres Light District Totals for Golden Acres Light District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Naco Fire District Totals for Naco Fire District Naco Lighting District Totals for Naco Lighting District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $3,770,000 $1,870,000 $270,000 $1,630,000 1 $3,770,000 $1,870,000 $270,000 $1,630,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Naco Sanitary District Totals for Naco Sanitary District Northern Cochise Hospital District General Obligation Totals for Northern Cochise Hospital District Palominas Fire District Totals for Palominas Fire District Pirtleville Fire District Totals for Pirtleville Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Pirtleville Light District Totals for Pirtleville Light District Pomerene Domestic Water Improvement District Totals for Pomerene Domestic Water Improvem 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 21 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN COCHISE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Pomerene Fire District Totals for Pomerene Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 San Jose Fire District Totals for San Jose Fire District St. David Fire District Totals for St. David Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 St. David Flood Control District Totals for St. David Flood Control District St. David Irrigation District Totals for St. David Irrigation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Sunnyside Fire District Totals for Sunnyside Fire District Sunsites Light District Totals for Sunsites Light District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Sunsites-Pearce Fire District Totals for Sunsites-Pearce Fire District Whetstone Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 General Obligation 1 $3,770,000 $1,870,000 $270,000 $1,630,000 Grand Totals: 1 $3,770,000 $1,870,000 $270,000 $1,630,000 Totals for Whetstone Fire District Return to Table of Contents TABLE 22 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN COCONINO COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 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 $75,754 $75,754 $49,078 $49,078 $106,382 $106,382 Buckboard Trail Special Assessment Totals for Buckboard Trail Coconino County Flood Control District Totals for Coconino County Flood Control Distri 0 $0 $0 $0 $0 0 $0 $0 $0 $0 2 2 $24,760,000 $24,760,000 $10,390,000 $10,390,000 $1,925,000 $1,925,000 $12,445,000 $12,445,000 Coconino County Jail District Revenue Totals for Coconino County Jail District Coconino County Library District Totals for Coconino County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $720,000 $720,000 $305,000 $305,000 $75,000 $75,000 $340,000 $340,000 Flagstaff Special Districts Special Assessment Totals for Flagstaff Special Districts Forest Lakes Domestic Water Improvement District Totals for Forest Lakes Domestic Water Improve 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Forest Lakes Fire District Totals for Forest Lakes Fire District Greenehaven Fire District Totals for Greenehaven Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Highlands Fire District Totals for Highlands Fire District Kachina Trail Totals for Kachina Trail 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Kachina Village Improvement District Totals for Kachina Village Improvement District Kachina Village Paving District Totals for Kachina Village Paving District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $287,581 $0 $102,287 $185,294 1 $287,581 $0 $102,287 $185,294 Kaibab Estates West Fire District Totals for Kaibab Estates West Fire District Kiowa-Comanche County Improvement District Special Assessment Totals for Kiowa-Comanche County Improveme TABLE 22 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN COCONINO COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Linda Lane Road Improvement District Special Assessment Totals for Linda Lane Road Improvement Distric 1 $63,800 $38,600 $10,200 $15,000 1 $63,800 $38,600 $10,200 $15,000 Special Assessment 1 1 $243,105 $243,105 $0 $0 $87,935 $87,935 $155,170 $155,170 Lupine Totals for Lupine Mormon Lake Fire District Totals for Mormon Lake Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $1,150,000 $490,000 $60,000 $600,000 1 $1,150,000 $490,000 $60,000 $600,000 1 1 $167,600 $167,600 $18,300 $18,300 $67,500 $67,500 $81,800 $81,800 Mount Elden Lookout Road Fire District Totals for Mount Elden Lookout Road Fire Distri Northside Sewer Improvement District Special Assessment Totals for Northside Sewer Improvement District Oakwood Pines Special Assessment Totals for Oakwood Pines Page Hospital District Totals for Page Hospital District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $212,597 $212,597 $0 $0 $71,115 $71,115 $141,482 $141,482 Pawnee County Improvement District Special Assessment Totals for Pawnee County Improvement District Pinewood Fire District Totals for Pinewood Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $5,750,000 $5,750,000 $2,132,400 $2,132,400 $432,600 $432,600 $3,185,000 $3,185,000 Pinewood Sanitary District Special Assessment Totals for Pinewood Sanitary District Pinon County Improvement District 1 $174,674 $0 $59,880 $114,794 1 $174,674 $0 $59,880 $114,794 Special Assessment 1 1 $382,917 $382,917 $0 $0 $133,403 $133,403 $249,514 $249,514 Special Assessment Totals for Rodeo Drive Improvement District 1 $39,500 $22,356 $12,452 $4,692 1 $39,500 $22,356 $12,452 $4,692 Special Assessment 1 1 $185,000 $185,000 $145,000 $145,000 $20,000 $20,000 $20,000 $20,000 0 $0 $0 $0 $0 Totals for Sherwood Forest Estates Fire District 0 $0 $0 $0 $0 Special Assessment Totals for Pinon County Improvement District Rio-Arroyo Totals for Rio-Arroyo Rodeo Drive Improvement District Rudd Tank Totals for Rudd Tank Sherwood Forest Estates Fire District TABLE 22 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN COCONINO COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Shoshone County Improvement District Special Assessment Totals for Shoshone County Improvement Distri 1 $59,050 $0 $10,982 $48,068 1 $59,050 $0 $10,982 $48,068 1 1 $4,500,000 $4,500,000 $1,801,489 $1,801,489 $233,383 $233,383 $2,465,128 $2,465,128 South Grand Canyon Sanitary District Revenue Totals for South Grand Canyon Sanitary District Summit Fire District Totals for Summit Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $2,590,000 $2,590,000 $2,400 $2,400 $427,600 $427,600 $2,160,000 $2,160,000 Toho Tolani Special Assessment Totals for Toho Tolani Tonowanda County Improvement District Special Assessment Totals for Tonowanda County Improvement Dist 1 $73,911 $0 $14,985 $58,926 1 $73,911 $0 $14,985 $58,926 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Tusayan Fire District Totals for Tusayan Fire District Williams Facilities District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 3 $29,260,000 $12,191,489 $2,158,383 $14,910,128 Special Assessment 16 $12,330,949 $3,229,810 $1,635,017 $7,466,122 Grand Totals: 19 $41,590,949 $15,421,299 $3,793,400 $22,376,250 Totals for Williams Facilities District Williams Hospital District Totals for Williams Hospital District Revenue Return to Table of Contents TABLE 23 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN GILA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 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 $200,000 $2,000 $2,000 $196,000 1 $200,000 $2,000 $2,000 $196,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Canyon Fire District Totals for Canyon Fire District Canyon Water District Revenue Totals for Canyon Water District Christopher-Kohls Fire District Totals for Christopher-Kohls Fire District Gila County Library District Totals for Gila County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Gisela Valley Fire District Totals for Gisela Valley Fire District Houston Mesa Fire District Totals for Houston Mesa Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Mesa Del Sanitary District Totals for Mesa Del Sanitary District Northern Gila County Sanitary District Totals for Northern Gila County Sanitary District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Payson North Sanitary District Totals for Payson North Sanitary District Pinal Sanitary District Totals for Pinal Sanitary District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Pine-Strawberry Fire District Totals for Pine-Strawberry Fire District Pleasant Valley Fire District Totals for Pleasant Valley Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $183,300 $183,300 $154,162 $154,162 $12,250 $12,250 $16,888 $16,888 Rim Trail #1 Water District Special Assessment Totals for Rim Trail #1 Water District Rim Trail #2 Water District Totals for Rim Trail #2 Water District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 23 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN GILA COUNTY SPECIAL DISTRICT NAME # OF ISSUES Bond Type ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Round Valley / Oxbow Fire District Totals for 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 Tonto Basin Fire District Totals for Tonto Basin Fire District Tri-City Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue 1 $200,000 $2,000 $2,000 $196,000 Special Assessment 1 $183,300 $154,162 $12,250 $16,888 Grand Totals: 2 $383,300 $156,162 $14,250 $212,888 Totals for Tri-City Fire District Whispering Pines Fire District Totals for Whispering Pines Fire District Return to Table of Contents TABLE 24 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN GRAHAM COUNTY SPECIAL DISTRICT NAME # OF ISSUES Bond Type ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Central Jackson Heights Fire District Totals for Central Jackson Heights Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Gila Valley Irrigation District Totals for Gila Valley Irrigation District Graham County Flood Control District Totals for Graham County Flood Control District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Mt. Graham Hospital District Totals for Mt. Graham Hospital District Pima Rural Fire District Totals for Pima Rural Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Safford Rural Fire District Totals for Safford Rural Fire District Return to Table of Contents TABLE 25 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN GREENLEE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 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 Return to Table of Contents TABLE 26 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN LA PAZ COUNTY SPECIAL DISTRICT NAME # OF ISSUES Bond Type ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Buckskin Fire District Totals for Buckskin Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Cibola Valley Irrigation District Totals for Cibola Valley Irrigation District Ehrenberg Fire District Totals for Ehrenberg Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $1,330,000 $465,000 $235,000 $630,000 1 $1,330,000 $465,000 $235,000 $630,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 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 Fire District Totals for McMullen Valley Fire District McMullen Valley Water Conservation & Drainage Dist Totals for McMullen Valley Water Conservation 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Parker Volunteer Fire District Totals for Parker Volunteer Fire District Quartzsite Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $167,000 $167,000 $152,000 $152,000 $11,000 $11,000 $4,000 $4,000 Certificate of Participation 1 $1,330,000 $465,000 $235,000 $630,000 Special Assessment 1 $167,000 $152,000 $11,000 $4,000 Grand Totals: 2 $1,497,000 $617,000 $246,000 $634,000 Totals for Quartzsite Fire District Wenden Water District Special Assessment Totals for Wenden Water District Return to Table of Contents TABLE 27 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL #K100 Marquerite Drive Special Assessment Totals for #K100 Marquerite Drive 1 $60,670 $34,617 $15,704 $10,349 1 $60,670 $34,617 $15,704 $10,349 1 1 $60,059 $60,059 $6,006 $6,006 $9,676 $9,676 $44,377 $44,377 #K106 7th Street North Special Assessment Totals for #K106 7th Street North #K66 98th Street Totals for #K66 98th Street 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 #K69 Pecos McQueen Totals for #K69 Pecos McQueen #K74 99th Street Totals for #K74 99th Street 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 #K75 98th Way Totals for #K75 98th Way #K76 Vine Totals for #K76 Vine 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 #K77 Inland Totals for #K77 Inland #K79 97th Place Totals for #K79 97th Place 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 #K80 Del Witt Totals for #K80 Del Witt #K81 5th Avenue Totals for #K81 5th Avenue 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 #K83 Boulder Totals for #K83 Boulder #K89 158th Street Totals for #K89 158th Street 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $301,960 $245,708 $22,825 $33,427 1 $301,960 $245,708 $22,825 $33,427 #K90 Grandview Manor Totals for #K90 Grandview Manor #K91 Queen Creek Water Special Assessment Totals for #K91 Queen Creek Water TABLE 27 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL #K92 Fairview Lane Special Assessment Totals for #K92 Fairview Lane 1 $59,379 $54,297 $5,082 $0 1 $59,379 $54,297 $5,082 $0 1 1 $60,657 $60,657 $53,407 $53,407 $3,367 $3,367 $3,883 $3,883 1 $185,810 $161,616 $8,444 $15,750 1 $185,810 $161,616 $8,444 $15,750 1 1 $83,236 $83,236 $69,150 $69,150 $5,762 $5,762 $8,324 $8,324 1 $301,905 $255,698 $15,891 $30,316 1 $301,905 $255,698 $15,891 $30,316 1 1 $14,004 $14,004 $11,724 $11,724 $776 $776 $1,504 $1,504 #K93 East Fairview Special Assessment Totals for #K93 East Fairview #K94 White Fence Special Assessment Totals for #K94 White Fence #K95 104th Place/University Special Assessment Totals for #K95 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 2 2 $3,500,000 $3,500,000 $0 $0 $50,000 $50,000 $3,450,000 $3,450,000 Agua Fria Ranch Community Facilities District General Obligation Totals for Agua Fria Ranch Community Facilitie Aguila Fire District Totals for Aguila Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $4,371,000 $817,813 $59,828 $3,493,359 1 $4,371,000 $817,813 $59,828 $3,493,359 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Aguila Irrigation District Totals for Aguila Irrigation 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 Totals for AZ 9-6 Housing 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 AZ 9-7 Housing Totals for AZ 9-7 Housing AZ 9-9 Housing Totals for AZ 9-9 Housing 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 27 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Berridge Manor IWDD #38 Totals for Berridge Manor IWDD #38 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Buckeye Valley Fire District Totals for Buckeye Valley Fire District Buckeye Water Conservation & Drainage District Totals for Buckeye Water Conservation & Drain 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $2,400,000 $2,400,000 $0 $0 $0 $0 $2,400,000 $2,400,000 $0 Centerra Community Facilities District General Obligation Totals for Centerra Community Facilities District Chandler Heights Citrus Irrigation District General Obligation Special Assessment Totals for Chandler Heights Citrus Irrigation Dis 1 $105,000 $23,694 $81,306 1 $306,000 $10,479 $295,521 $0 2 $411,000 $34,173 $376,827 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Circle City/Morristown Fire District Totals for Circle City/Morristown Fire District Citrus Gardens Irrigation Water Delivery District Totals for Citrus Gardens Irrigation Water Delive 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $1,700,000 $1,700,000 $0 $0 $0 $0 $1,700,000 $1,700,000 2 $3,085,000 $0 $40,000 $3,045,000 2 $3,085,000 $0 $40,000 $3,045,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 $15,250,000 $800,000 $345,000 $14,105,000 1 3 $4,750,000 $20,000,000 $155,000 $955,000 $160,000 $505,000 $4,435,000 $18,540,000 3 $9,460,000 $450,000 $4,595,000 $4,415,000 3 $9,460,000 $450,000 $4,595,000 $4,415,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Cortina Community Facilities District General Obligation Totals for Cortina Community Facilities District Cottonflower Community Facilities District General Obligation Totals for Cottonflower Community Facilities Di 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 Eagle Mountain Community Facilities District Special Assessment Totals for Eagle Mountain Community Facilities East Morningside Irrigation Water Delivery Dist Totals for East Morningside Irrigation Water Deli Electrical District #5 Totals for Electrical District #5 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 27 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Electrical District #7 Totals for Electrical District #7 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Electrical District #8 Totals for Electrical District #8 Estrella Mountain Ranch Community Facilities Distr General Obligation Special Assessment Totals for Estrella Mountain Ranch Community 2 $5,205,000 $20,400 $179,600 $5,005,000 2 $13,038,000 $878,000 $959,000 $11,201,000 4 $18,243,000 $898,400 $1,138,600 $16,206,000 1 1 $1,448,000 $1,448,000 $0 $0 $0 $0 $1,448,000 $1,448,000 Festival Ranch Community Facilities District Special Assessment Totals for Festival Ranch Community Facilities Fountain Hills Road District Totals for Fountain Hills Road District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 5 $13,900,000 $235,000 $80,000 $13,585,000 1 6 $6,670,000 $20,570,000 $2,596,000 $2,831,000 $923,000 $1,003,000 $3,151,000 $16,736,000 Fountain Hills Sanitary District Totals for Fountain Hills Sanitary District Goodyear Community Facilities General General Obligation Special Assessment Totals for Goodyear Community Facilities Gene Goodyear Community Facilities Utility General Obligation Totals for Goodyear Community Facilities Utility 5 $30,565,000 $390,000 $210,000 $29,965,000 5 $30,565,000 $390,000 $210,000 $29,965,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Groves at Hermosa Vista IWDD Totals for Groves at Hermosa Vista IWDD Harquahala Valley Fire District Totals for Harquahala Valley Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Harquahala Valley Irrigation District Totals for Harquahala Valley Irrigation District Harquahala Valley Power District Totals for Harquahala Valley Power District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 7 7 $63,595,000 $63,595,000 $17,820,000 $17,820,000 $150,000 $150,000 $45,625,000 $45,625,000 Hospital District No. 1 General Obligation Totals for Hospital District No. 1 King Ranch Community Facilities District Totals for King Ranch Community Facilities Dist 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 27 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Laveen Fire District Totals for Laveen Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Los Olivos Irrigation District #1 Totals for Los Olivos Irrigation District #1 Maricopa County Library District Totals for Maricopa County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Maricopa County Municipal Water Conservation Distr Totals for Maricopa County Municipal Water Co Maricopa County Stadium District Revenue Totals for Maricopa County Stadium District 1 $58,225,000 $5,490,000 $2,685,000 $50,050,000 1 $58,225,000 $5,490,000 $2,685,000 $50,050,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Maricopa County Street Lighting Improvement Dist Totals for Maricopa County Street Lighting Impr McDowell Homes IWDD #7 Totals for McDowell Homes IWDD #7 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $20,245,000 $20,245,000 $3,440,000 $3,440,000 $635,000 $635,000 $16,170,000 $16,170,000 McDowell Mountain Ranch Community Facilities Dist General Obligation Totals for McDowell Mountain Ranch Communit McMicken Irrigation District Totals for McMicken Irrigation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $4,435,000 $4,435,000 $630,000 $630,000 $235,000 $235,000 $3,570,000 $3,570,000 Miller Road Improvement District Special Assessment Totals for Miller Road Improvement District Myrtle Park Irrigation Water Delivery District Totals for Myrtle Park Irrigation Water Delivery D 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Ocotillo Water Conservation District Totals for Ocotillo Water Conservation District Palm Valley Community Facilities District Totals for Palm Valley Community Facilities Dist 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $5,015,000 $5,015,000 $2,195,000 $2,195,000 $275,000 $275,000 $2,545,000 $2,545,000 1 $5,610,000 $2,330,000 $315,000 $2,965,000 1 $5,610,000 $2,330,000 $315,000 $2,965,000 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 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Peoria Improvement District #9002 Special Assessment Totals for Peoria Improvement District #9002 1 $2,575,000 $2,370,000 $0 $205,000 1 $2,575,000 $2,370,000 $0 $205,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Peoria Improvement District #9102 Totals for Peoria Improvement District #9102 Peoria Improvement District #9202 Totals for Peoria Improvement District #9202 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $2,270,000 $2,270,000 $720,254 $720,254 $222,176 $222,176 $1,327,570 $1,327,570 1 $2,285,000 $1,170,000 $135,000 $980,000 1 $2,285,000 $1,170,000 $135,000 $980,000 1 1 $2,125,000 $2,125,000 $1,635,000 $1,635,000 $195,000 $195,000 $295,000 $295,000 1 $3,800,000 $2,085,000 $210,000 $1,505,000 1 $3,800,000 $2,085,000 $210,000 $1,505,000 1 1 $493,000 $493,000 $236,193 $236,193 $256,807 $256,807 $0 $0 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 Peoria Municipal Development Authority Municipal Property Corp Totals for Peoria Municipal Development Author 1 $25,015,000 $4,835,000 $2,900,000 $17,280,000 1 $25,015,000 $4,835,000 $2,900,000 $17,280,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Rancho Grande Landerwood Irrigation Water Delive Totals for Rancho Grande Landerwood Irrigatio Rancho Solano Improvement District Totals for Rancho Solano Improvement District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Rio Verde Fire District Totals for Rio Verde Fire District Roosevelt Irrigation District Totals for Roosevelt Irrigation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Roosevelt Water Conservation District Totals for Roosevelt Water Conservation Distric San Tan Irrigitation District Totals for San Tan Irrigitation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 27 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Scottsdale Mountain Comm Fac Dist General Obligation Totals for Scottsdale Mountain Comm Fac Dist 1 $5,375,000 $775,000 $290,000 $4,310,000 1 $5,375,000 $775,000 $290,000 $4,310,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Sun City Fire District Totals for Sun City Fire District Sun Lakes Fire District Totals for Sun Lakes Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 Sundance Community Facilities District General Obligation Special Assessment Totals for Sundance Community Facilities Distri 2 $11,000,000 $0 $0 $11,000,000 3 5 $20,525,000 $31,525,000 $0 $0 $725,000 $725,000 $19,800,000 $30,800,000 Tartesso General Obligation Totals for Tartesso 1 $110,000 $0 $0 $110,000 1 $110,000 $0 $0 $110,000 1 1 $7,705,000 $7,705,000 $2,390,000 $2,390,000 $380,000 $380,000 $4,935,000 $4,935,000 6 $31,840,000 $12,495,000 $1,855,000 $17,490,000 6 $31,840,000 $12,495,000 $1,855,000 $17,490,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Tatum Ranch Community Facilities District General Obligation Totals for Tatum Ranch Community Facilities Di Tempe Improvement Districts Special Assessment Totals for Tempe Improvement Districts Thoroughbred Farms IWDD #43 Totals for Thoroughbred Farms IWDD #43 Tonopah Fire District Totals for Tonopah Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Tonopah Irrigation District Totals for Tonopah Irrigation District Tres Palmas Irrigation Water Delivery District Totals for Tres Palmas Irrigation Water Delivery 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $24,000,000 $13,000,000 $0 $0 $0 $0 $24,000,000 $13,000,000 2 $37,000,000 $0 $0 $37,000,000 1 1 $3,225,000 $3,225,000 $195,000 $195,000 $105,000 $105,000 $2,925,000 $2,925,000 4 $6,600,000 $290,000 $310,000 $6,000,000 4 $6,600,000 $290,000 $310,000 $6,000,000 Verrado Community Facilities District General Obligation Special Assessment Totals for Verrado Community Facilities District Via Linda Road Community Facilities District General Obligation Totals for Via Linda Road Community Facilities Village at Litchfield Park CFD General Obligation Totals for Village at Litchfield Park CFD TABLE 27 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Vistancia Community Facilities District Special Assessment Totals for Vistancia Community Facilities Distric 2 $44,800,000 $725,000 $0 $44,075,000 2 $44,800,000 $725,000 $0 $44,075,000 1 1 $49,000,000 $49,000,000 $0 $0 $0 $0 $49,000,000 $49,000,000 Watson Road Community Facilities District Special Assessment Totals for Watson Road Community Facilities Di Western Meadows Irrigation District Totals for Western Meadows Irrigation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 2 2 $4,490,000 $4,490,000 $0 $0 $0 $0 $4,490,000 $4,490,000 Westpark Community Facilities District Special Assessment Totals for Westpark Community Facilities Distri Whitcombs Roundup Ranches IWDD #42 Totals for Whitcombs Roundup Ranches IWDD 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 4 $2,890,000 $240,000 $70,000 $2,580,000 4 $2,890,000 $240,000 $70,000 $2,580,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 44 $220,455,000 $26,619,094 $2,925,906 $190,910,000 1 $25,015,000 $4,835,000 $2,900,000 $17,280,000 Wickenburg Rural Fire District Totals for Wickenburg Rural Fire District Wildflower Ranch Community Facilities District General Obligation Totals for Wildflower Ranch Community Facilitie Woolsey Flood Protection District Totals for Woolsey Flood Protection District General Obligation Municipal Property Corp Revenue 2 $62,596,000 $6,307,813 $2,744,828 $53,543,359 Special Assessment 42 $229,062,680 $31,573,149 $11,444,031 $186,045,500 Grand Totals: 89 $537,128,680 $69,335,056 $20,014,765 $447,778,859 Return to Table of Contents TABLE 28 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MOHAVE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Bullhead City Fire District Totals for Bullhead City Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 2 $34,004,194 $10,665,316 $2,010,847 $21,328,031 2 $34,004,194 $10,665,316 $2,010,847 $21,328,031 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Bullhead City Pest Abatement District Totals for Bullhead City Pest Abatement District Bullhead City Sewer Improvement District Special Assessment Totals for Bullhead City Sewer Improvement Dis Butler Road Improvement I & II Totals for Butler Road Improvement I & II Cerbat Ranch Totals for Cerbat Ranch 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Colorado City Fire District Totals for Colorado City Fire District Crystal Beach Water Conservation District Totals for Crystal Beach Water Conservation Di 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Desert Hills Fire District Totals for Desert Hills Fire District Fort Mojave Mesa Fire District Totals for Fort Mojave Mesa Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Golden Shores Fire District Totals for Golden Shores Fire District Golden Shores Water Conservation District Totals for Golden Shores Water Conservation Di 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Golden Valley Fire District Totals for Golden Valley Fire District Golden Valley Improvement District Special Assessment Totals for Golden Valley Improvement District 2 $805,000 $445,000 $120,000 $240,000 2 $805,000 $445,000 $120,000 $240,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Grapevine Mesa Fire District Totals for Grapevine Mesa Fire District Holiday Lighting District Totals for Holiday Lighting District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 28 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MOHAVE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Horizon Six Improvement District Special Assessment Totals for Horizon Six Improvement District 1 $647,000 $322,000 $65,000 $260,000 1 $647,000 $322,000 $65,000 $260,000 1 1 $11,820,000 $11,820,000 $2,165,000 $2,165,000 $780,000 $780,000 $8,875,000 $8,875,000 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $891,000 $891,000 $196,000 $196,000 $85,000 $85,000 $610,000 $610,000 Lake Havasu City Improvement District Special Assessment Totals for Lake Havasu City Improvement Distri Lake Havasu City Sanitary District Totals for Lake Havasu City Sanitary District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 2 2 $6,920,000 $6,920,000 $6,725,000 $6,725,000 $20,000 $20,000 $175,000 $175,000 Lake Havasu Irrigation & Drainage District Special Assessment Totals for Lake Havasu Irrigation & Drainage Dis Lake Mohave Ranchos Fire District Totals for Lake Mohave Ranchos Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Moccasin Domestic Water District Totals for Moccasin Domestic Water District Mohave County Flood Control District Totals for Mohave County Flood Control District 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 Mohave County Improvement District #126 Special Assessment Totals for Mohave County Improvement District Mohave County Library District Totals for Mohave County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Mohave County TV District Totals for Mohave County TV District Mohave Valley Fire District Totals for Mohave Valley Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Mohave Valley Irrigation and Drainage District Totals for Mohave Valley Irrigation and Drainage Mohave Water Conservation District Totals for Mohave Water Conservation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 28 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN MOHAVE COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Pine Lake Fire District Totals for Pine Lake Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Pinion Pine Fire District Totals for Pinion Pine Fire District Rainbow Acres Street Improvement District Totals for Rainbow Acres Street Improvement Di 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $4,500,000 $900,000 $450,000 $3,150,000 1 $4,500,000 $900,000 $450,000 $3,150,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Rancho Verde Totals for Rancho Verde Scenic Improvement District Special Assessment Totals for Scenic Improvement District So-Hi Water Improvement District Totals for So-Hi Water Improvement District Topock/Golden Shores Sanitary District Totals for Topock/Golden Shores Sanitary Distri 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Truxton Fire District Totals for Truxton Fire District Valle Vista Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $11,820,000 $2,165,000 $780,000 $8,875,000 Special Assessment 10 $48,098,358 $19,493,480 $2,750,847 $25,854,031 Grand Totals: 11 $59,918,358 $21,658,480 $3,530,847 $34,729,031 Totals for Valle Vista Fire District Yucca Fire District Totals for Yucca Fire District General Obligation Return to Table of Contents TABLE 29 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Beaver Dam Circle Special Assessment Totals for Beaver Dam Circle 1 $12,104 $3,631 $1,210 $7,263 1 $12,104 $3,631 $1,210 $7,263 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Blue Lake Circle Totals for Blue Lake Circle Buck Springs Road Improvement District Totals for Buck Springs Road Improvement Dist 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $204,220 $204,220 $177,084 $177,084 $27,136 $27,136 $0 $0 Chaparral Drive Improvement District Special Assessment Totals for Chaparral Drive Improvement District Clay Springs-Pinedale Fire District Totals for Clay Springs-Pinedale Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $220,938 $220,938 $113,077 $113,077 $22,741 $22,741 $85,120 $85,120 Drifting Snow Loop Special Assessment Totals for Drifting Snow Loop Forest Trails II Totals for Forest Trails II 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $219,000 $219,000 $179,000 $179,000 $40,000 $40,000 $0 $0 Forest Trails III Special Assessment Totals for Forest Trails III Heber Domestic Water Improvement District Totals for Heber Domestic Water Improvement 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Heber-Overgaard Fire District Totals for Heber-Overgaard Fire District Heber-Overgaard Sanitary District Totals for Heber-Overgaard Sanitary District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $97,283 $97,283 $69,260 $69,260 $11,549 $11,549 $16,474 $16,474 Hiawatha Trail Improvement District Special Assessment Totals for Hiawatha Trail Improvement District High Country Pines Totals for High Country Pines 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Homestead Road Totals for Homestead Road Joseph City Domestic Water Improvement Dist Totals for Joseph City Domestic Water Improve 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 29 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Joseph City Fire District Totals for Joseph City Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Joseph City Sanitary District Totals for Joseph City Sanitary District Lakeside Fire District Totals for Lakeside Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Linden Fire District Totals for Linden Fire District Little Colorado Flood Control District Totals for Little Colorado Flood Control District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $43,313 $43,313 $0 $0 $4,331 $4,331 $38,982 $38,982 1 $65,000 $38,123 $13,098 $13,779 1 $65,000 $38,123 $13,098 $13,779 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $80,402 $66,834 $13,568 $0 1 $80,402 $66,834 $13,568 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Madison Lane Circle Special Assessment Totals for Madison Lane Circle 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 Totals for Mule Deer Way 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Navajo County Flood Control District Totals for Navajo County Flood Control District Navajo County Library District Totals for Navajo County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $5,415,000 $5,415,000 $995,000 $995,000 $540,000 $540,000 $3,880,000 $3,880,000 Navapache Hospital District General Obligation Totals for Navapache Hospital District Palomino Drive Totals for Palomino Drive 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 29 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Pine Meadows Country Club Improvement Dist Special Assessment Totals for Pine Meadows Country Club Improve 1 $82,628 $57,131 $6,374 $19,123 1 $82,628 $57,131 $6,374 $19,123 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Pinedale Domestic Water Improvement District Totals for Pinedale Domestic Water Improveme Pinetop Fire District Totals for Pinetop Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 7 7 $2,660,433 $2,660,433 $1,612,008 $1,612,008 $281,713 $281,713 $766,712 $766,712 Pinetop-Lakeside Sanitary District Special Assessment Totals for Pinetop-Lakeside Sanitary District Porter Creek Domestic Water Improvement Dist Totals for Porter Creek Domestic Water Improve 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $186,007 $186,007 $30,648 $30,648 $11,131 $11,131 $144,228 $144,228 Porter Mountain Domestic Water Improvement Special Assessment Totals for Porter Mountain Domestic Water Impr Shoreline Drive Totals for Shoreline Drive 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $5,630,000 $1,795,000 $355,000 $3,480,000 1 $5,630,000 $1,795,000 $355,000 $3,480,000 1 1 $4,945,000 $4,945,000 $735,000 $735,000 $245,000 $245,000 $3,965,000 $3,965,000 Show Low Fire District Totals for Show Low Fire District 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $245,750 $0 $27,511 $218,239 1 $245,750 $0 $27,511 $218,239 Soaring Eagle Totals for Soaring Eagle Sutter Drive Improvement District Special Assessment Totals for Sutter Drive Improvement District TABLE 29 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Sweeping Vista Totals for Sweeping Vista 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $458,723 $458,723 $371,231 $371,231 $87,492 $87,492 $0 $0 Timberlake Pines CRID Special Assessment Totals for Timberlake Pines CRID Timberland Acres Special Road District Totals for Timberland Acres Special Road Distri 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 White Mountain Lake Fire District Totals for White Mountain Lake Fire District White Mountain Lake Special Road District Totals for White Mountain Lake Special Road Di 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $2,135,450 $2,135,450 $834,450 $834,450 $126,000 $126,000 $1,175,000 $1,175,000 White Mountain Summer Home Special Assessment Totals for White Mountain Summer Home Wild Cat Way Special Assessment Totals for Wild Cat Way 1 $130,118 $54,651 $12,530 $62,937 1 $130,118 $54,651 $12,530 $62,937 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Wild Horse Road #1 Totals for Wild Horse Road #1 Woodruff Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $5,415,000 $995,000 $540,000 $3,880,000 Special Assessment 23 $17,416,369 $6,137,128 $1,286,384 $9,992,857 Grand Totals: 24 $22,831,369 $7,132,128 $1,826,384 $13,872,857 Totals for Woodruff Fire District Woodruff Irrigation District Totals for Woodruff Irrigation District General Obligation Return to Table of Contents TABLE 30 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN PIMA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 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 1 1 $600,000 $600,000 $29,000 $29,000 $30,000 $30,000 $541,000 $541,000 1 $503,977 $461,299 $42,678 $0 1 $503,977 $461,299 $42,678 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Avra Valley Fire District General Obligation Totals for Avra Valley Fire District Cimarron Hills Improvement District Special Assessment Totals for Cimarron Hills Improvement District Cortaro Marana Irrigation District Totals for Cortaro Marana Irrigation District Dove Mountain Resort Community Facilities District Special Assessment Totals for Dove Mountain Resort Community Fa 2 $11,905,000 $2,020,000 $0 $9,885,000 2 $11,905,000 $2,020,000 $0 $9,885,000 3 3 $5,130,000 $5,130,000 $275,000 $275,000 $0 $0 $4,855,000 $4,855,000 Drexel Heights Fire District General Obligation Totals for Drexel Heights Fire District Flowing Wells Irrigation District Totals for Flowing Wells Irrigation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $2,105,000 $2,105,000 $0 $0 $0 $0 $2,105,000 $2,105,000 Gladden Farms Community Facilities District General Obligation Totals for Gladden Farms Community Facilities Golder Ranch Fire District General Obligation Totals for Golder Ranch Fire District 1 $8,760,000 $0 $0 $8,760,000 1 $8,760,000 $0 $0 $8,760,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Green Valley Fire District Totals for Green Valley Fire District Heritage Hills Fire District Totals for Heritage Hills Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Hidden Valley Fire District Totals for Hidden Valley Fire District La Canada Fire District Totals for La Canada Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Marana Water Improvement District Totals for Marana Water Improvement District Metropolitan Domestic Water Improvement Dist Revenue Totals for Metropolitan Domestic Water Improve 3 $53,134,467 $8,165,000 $2,150,000 $42,819,467 3 $53,134,467 $8,165,000 $2,150,000 $42,819,467 TABLE 30 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN PIMA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Mount Lemmon Fire District Totals for Mount Lemmon Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $1,821,707 $1,821,707 $728,683 $728,683 $182,171 $182,171 $910,853 $910,853 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 North Ranch/Linda Vista Fire District Totals for North Ranch/Linda Vista Fire District Northwest Fire District General Obligation Totals for Northwest Fire District 1 $13,105,000 $0 $0 $13,105,000 1 $13,105,000 $0 $0 $13,105,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $4,585,000 $1,575,000 $780,000 $2,230,000 1 $4,585,000 $1,575,000 $780,000 $2,230,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Picture Rocks Fire District Totals for Picture Rocks Fire District Pima County Flood Control District General Obligation Totals for Pima County Flood Control District Pima County Library District Totals for Pima County Library District Pima County Mobile Home Relocation District Totals for Pima County Mobile Home Relocation 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Pima County Stadium Totals for Pima County Stadium Quail Creek Community Facilities District General Obligation Totals for Quail Creek Community Facilities Dist 1 $12,660,000 $0 $0 $12,660,000 1 $12,660,000 $0 $0 $12,660,000 1 1 $5,075,000 $5,075,000 $0 $0 $5,075,000 $5,075,000 $0 $0 1 $6,730,000 $5,010,000 $55,000 $1,665,000 1 $6,730,000 $5,010,000 $55,000 $1,665,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 $18,845,000 Redhawk Canyon Community Facilities District #1 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 Revenue Totals for Rio Nuevo Multipurpose Facilities Dis 1 $33,575,000 $12,065,000 $2,665,000 1 $5,800,000 $0 $580,000 $5,220,000 2 $39,375,000 $12,065,000 $3,245,000 $24,065,000 TABLE 30 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN PIMA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Sabino Vista Fire District Totals for Sabino Vista Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Silverbell Irrigation & Drainage District Totals for Silverbell Irrigation & Drainage Distric Three Canyons Domestic Water Improvement Distri Special Assessment Totals for Three Canyons Domestic Water Impro 1 $3,168,000 $0 $0 $3,168,000 1 $3,168,000 $0 $0 $3,168,000 1 1 $1,255,000 $1,255,000 $0 $0 $280,000 $280,000 $975,000 $975,000 7 $101,775,000 $10,165,000 $4,790,000 $86,820,000 7 $101,775,000 $10,165,000 $4,790,000 $86,820,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Three Points Fire District General Obligation Totals for Three Points Fire District Tucson Airport Authority Revenue Totals for Tucson Airport Authority Tucson Country Club Estates Fire District Totals for Tucson Country Club Estates Fire Dis Why Fire District Totals for Why Fire District Certificate of Participation 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 $33,575,000 $12,065,000 $2,665,000 $18,845,000 General Obligation 10 $48,200,000 $1,879,000 $1,090,000 $45,231,000 Revenue 11 $160,709,467 $18,330,000 $7,520,000 $134,859,467 7 $29,203,684 $8,219,982 $5,354,849 $15,628,853 29 $271,688,151 $40,493,982 $16,629,849 $214,564,320 Special Assessment Grand Totals: Return to Table of Contents TABLE 31 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL 387 Domestic Water Improvement District Totals for 387 Domestic Water Improvement Dis 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $1,710,000 $725,000 $175,000 $810,000 1 $1,710,000 $725,000 $175,000 $810,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 387 Wastewater Improvement District Totals for 387 Wastewater Improvement District Apache Junction Fire District Certificate of Participation Totals for Apache Junction Fire District 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Apache Villa Lighting District Totals for Apache Villa Lighting District Apache Villa V Lighting District Totals for Apache Villa V Lighting 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 $17,500,000 $17,500,000 $5,465,000 $5,465,000 $805,000 $805,000 $11,230,000 $11,230,000 Arizona City Fire District Totals for Arizona City Fire 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Desert Vista Lighting District Totals for Desert Vista Lighting District Desert Vista Sanitary District Totals for Desert Vista Sanitary District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Dudleyville Fire District Totals for Dudleyville Fire District Electrical District #2 Totals for Electrical District #2 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 31 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Electrical District #3 Revenue Totals for Electrical District #3 4 $100,340,000 $0 $57,870,000 $42,470,000 4 $100,340,000 $0 $57,870,000 $42,470,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Electrical District #4 Totals for Electrical District #4 Electrical District #5 Totals for Electrical District #5 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Eloy Fire District Totals for Eloy Fire District Florence Flood Control District Totals for Florence Flood Control District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Grand Buttes Fire District Totals for Grand Buttes Fire District Hohokam Irrigation & Drainage District Totals for Hohokam Irrigation & Drainage Distric 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $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 $1,420,000 $1,420,000 $0 $0 $0 $0 $1,420,000 $1,420,000 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 Fire District General Obligation Totals for Maricopa Fire District Maricopa Road Improvement District Totals for Maricopa Road Improvement District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $7,780,000 $7,780,000 $4,415,000 $4,415,000 $1,075,000 $1,075,000 $2,290,000 $2,290,000 1 $16,188,000 $10,306,000 $1,549,000 $4,333,000 1 $16,188,000 $10,306,000 $1,549,000 $4,333,000 1 1 $2,464,000 $2,464,000 $0 $0 $0 $0 $2,464,000 $2,464,000 Maricopa Rural Road Improvement District Special Assessment Totals for Maricopa Rural Road Improvement Di Maricopa Stanfield Irrigation & Drainage Special Assessment Totals for Maricopa Stanfield Irrigation & Draina Merrill Ranch Community Facilities District #1 Revenue Totals for Merrill Ranch Community Facilities Di Merrill Ranch Community Facilities District #2 Revenue Totals for Merrill Ranch Community Facilities Di 1 $2,555,000 $0 $0 $2,555,000 1 $2,555,000 $0 $0 $2,555,000 TABLE 31 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Mission Royale Community Facilities District General Obligation Totals for Mission Royale Community Facilities 1 $1,335,000 $0 $0 $1,335,000 1 $1,335,000 $0 $0 $1,335,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $172,405 $0 $401 $172,004 1 $172,405 $0 $401 $172,004 0 0 $0 $0 $0 $0 $0 $0 $0 $0 New Magma Irrigation & Drainage District Totals for New Magma Irrigation & Drainage Dist New Saddleback Vista Domestic Water Impr District Revenue Totals for New Saddleback Vista Domestic Wate Oracle Fire District Totals for Oracle Fire District Oracle Sanitary District Totals for Oracle Sanitary District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Papago Butte Domestic Water Improvement District Totals for Papago Butte Domestic Water Improv Papago Butte Irrigation Water Delivery District #4 Totals for Papago Butte Irrigation Water Deliver 0 $0 $0 $0 $0 0 $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 $397,629 $397,629 $143,925 $143,925 $21,142 $21,142 $232,562 $232,562 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Pinal County Flood Control District Totals for Pinal County Flood Control District Pinal County Library District 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $165,000 $165,000 $155,000 $155,000 $10,000 $10,000 $0 $0 Queen Valley Sanitary District Special Assessment Totals for Queen Valley Sanitary District San Carlos Irrigation District Totals for San Carlos Irrigation District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 San Manuel Fire District Totals for San Manuel Fire District Skyline Domestic Water Improvement District Totals for Skyline Domestic Water Improvement 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 31 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Superstition Lighting District Totals for Superstition Lighting District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $29,870,886 $29,870,886 $33,886 $33,886 $30,000 $30,000 $29,807,000 $29,807,000 $451,720 Superstition Mountains Community Facilities Dist Revenue Totals for Superstition Mountains Community F Thunderbird Farms Improvement District Revenue Special Assessment Totals for Thunderbird Farms Improvement Dist 2 $527,300 $65,248 $10,332 1 $1,462,500 $1,337,944 $51,447 $73,109 3 $1,989,800 $1,403,192 $61,779 $524,829 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Thunderbird Irrigation District #2 Totals for Thunderbird Irrigation District #2 Thunderbird Irrigation District #3 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Totals for Water Utilities Community Facilities D 2 $11,420,000 $6,180,000 $345,000 $4,895,000 2 $11,420,000 $6,180,000 $345,000 $4,895,000 Certificate of Participation 1 $1,710,000 $725,000 $175,000 $810,000 Totals for Thunderbird Irrigation District #3 Villa Grande Improvement District Totals for Villa Grande Improvement District Water Utilities Community Facilities District General Obligation Revenue Special Assessment Grand Totals: 2 $2,755,000 $0 $0 $2,755,000 13 $147,747,220 $6,423,059 $58,276,875 $83,047,286 5 $43,095,500 $21,678,944 $3,490,447 $17,926,109 21 $195,307,720 $28,827,003 $61,942,322 $104,538,395 Return to Table of Contents TABLE 32 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN SANTA CRUZ COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Nogales Suburban Fire District Totals for Nogales Suburban 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 Rio Rico Fire District Totals for Rio Rico Fire District Santa Cruz County Flood Control District Totals for Santa Cruz County Flood Control Dist Return to Table of Contents TABLE 33 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 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 Ash Fork Street Lighting District Totals for Ash Fork Street Lighting District Big Park #1979 Totals for Big Park #1979 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Black Canyon Fire District Totals for Black Canyon Fire District Camp Verde Fire District Totals for Camp Verde Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $144,900 $144,900 $65,900 $65,900 $7,000 $7,000 $72,000 $72,000 1 1 $11,215,000 $11,215,000 $0 $0 $190,000 $190,000 $11,025,000 $11,025,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Camp Verde Sanitary District Special Assessment Totals for Camp Verde Sanitary District Central Yavapai Fire District General Obligation 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $435,119 $435,119 $355,119 $355,119 $80,000 $80,000 $0 $0 Congress Domestic Water Improvement District Special Assessment Totals for Congress Domestic Water Improveme Congress Fire District Totals for Congress Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $1,552,000 $1,552,000 $222,000 $222,000 $75,000 $75,000 $1,255,000 $1,255,000 1 $60,700 $46,700 $4,000 $10,000 1 $60,700 $46,700 $4,000 $10,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $2,500,000 $125,000 $125,000 $2,250,000 1 $2,500,000 $125,000 $125,000 $2,250,000 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 Eastridge Community Facilities District General Obligation Totals for Eastridge Community Facilities Distri TABLE 33 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Granite Gardens Sanitary District Special Assessment Totals for Granite Gardens Sanitary District 1 $162,300 $132,300 $15,000 $15,000 1 $162,300 $132,300 $15,000 $15,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $7,315,000 $1,880,000 $455,000 $4,980,000 1 $7,315,000 $1,880,000 $455,000 $4,980,000 1 1 $1,240,000 $1,240,000 $405,000 $405,000 $50,000 $50,000 $785,000 $785,000 Groom Creek Fire District 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $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 $120,000 $100,000 $10,000 $10,000 1 $120,000 $100,000 $10,000 $10,000 1 1 $195,000 $195,000 $110,000 $110,000 $20,000 $20,000 $65,000 $65,000 1 $317,180 $109,313 $30,699 $177,168 1 $317,180 $109,313 $30,699 $177,168 1 1 $24,335,000 $24,335,000 $5,275,000 $5,275,000 $1,000,000 $1,000,000 $18,060,000 $18,060,000 Iron Springs Sanitary District Totals for Iron Springs Sanitary District 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 District Revenue Totals for Prescott Valley Water District Pronghorn Ranch Community Facilities District General Obligation Totals for Pronghorn Ranch Community Faciliti 2 $7,000,000 $0 $0 $7,000,000 2 $7,000,000 $0 $0 $7,000,000 1 1 $6,940,000 $6,940,000 $0 $0 $0 $0 $6,940,000 $6,940,000 Quailwood Meadows Community Facilities District General Obligation Totals for Quailwood Meadows Community Faci Raven Ridge Community Facilities District General Obligation Totals for Raven Ridge Community Facilities Di 1 $925,446 $0 $530,613 $394,833 1 $925,446 $0 $530,613 $394,833 TABLE 33 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Sedona Fire District Totals for Sedona Fire District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Seligman Fire District Totals for Seligman Fire District Seligman Sanitary District Totals for Seligman Sanitary District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $14,800,000 $0 $0 $14,800,000 1 $14,800,000 $0 $0 $14,800,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 1 $95,840 $95,840 $10,088 $10,088 $5,045 $5,045 $80,707 $80,707 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Seligman Street Lighting District Totals for Seligman Street Lighting District Stoneridge Community Facilities District General Obligation Totals for Stoneridge Community Facilities Distr Sunup Ranch Road Improvement District Totals for Sunup Ranch Road Improvement Dist Verde Valley Fire District Totals for Verde Valley Fire District Water Improvement District P164 Special Assessment Totals for Water Improvement District P164 Yarnell Street Lighting District Totals for Yarnell Street Lighting District Yavapai County Flood Control District Totals for Yavapai County Flood Control District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $15,260,000 $15,260,000 $4,060,000 $4,060,000 $1,435,000 $1,435,000 $9,765,000 $9,765,000 Yavapai County Jail District Revenue Totals for Yavapai County Jail District Yavapai County Library District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 General Obligation 7 $43,380,446 $125,000 $845,613 $42,409,833 Revenue 2 $39,595,000 $9,335,000 $2,435,000 $27,825,000 Special Assessment 11 $11,638,039 $3,436,420 $751,744 $7,449,875 Grand Totals: 20 $94,613,485 $12,896,420 $4,032,357 $77,684,708 Totals for Yavapai County Library District Return to Table of Contents TABLE 34 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN YUMA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Del Sur Estates Improvement District Special Assessment Totals for Del Sur Estates Improvement District 1 $191,182 $136,082 $14,000 $41,100 1 $191,182 $136,082 $14,000 $41,100 1 1 $667,000 $667,000 $339,900 $339,900 $20,300 $20,300 $306,800 $306,800 2 $398,285 $48,063 $16,755 $333,467 2 $398,285 $48,063 $16,755 $333,467 1 1 $479,610 $479,610 $0 $0 $0 $0 $479,610 $479,610 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 Gadsden Townsite Improvement District Special Assessment Totals for Gadsden Townsite Improvement Distr Gila Valley Anti-Noxious Weed District Totals for Gila Valley Anti-Noxious Weed Distric 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Hillander "C" Irrigation District Totals for Hillander "C" Irrigation District Hyder Valley Irrigation Water Delivery District Totals for Hyder Valley Irrigation Water Delivery 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $7,280,000 $7,280,000 $0 $0 $680,000 $680,000 $6,600,000 $6,600,000 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 Improvement District #67 Special Assessment Totals for Improvement District #67 North Gila Irrigation District Totals for North Gila Irrigation District Unit "B" Irrigation District Totals for Unit "B" 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 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $2,104,725 $2,104,725 $141,958 $141,958 $33,937 $33,937 $1,928,830 $1,928,830 Yuma County Airport Authority Special Assessment Totals for Yuma County Airport Authority Yuma County Citrus Pest Control District Totals for Yuma County Citrus Pest Control Dist 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Yuma County Hospital District #1 Totals for Yuma County Hospital District #1 Yuma County Improvement District Totals for Yuma County Improvement District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 TABLE 34 SPECIAL DISTRICT FY 2006 BONDED INDEBTEDNESS IN YUMA COUNTY SPECIAL DISTRICT NAME Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Yuma County Jail District Special Assessment Totals for Yuma County Jail District 1 $19,400,000 $8,385,000 $1,265,000 $9,750,000 1 $19,400,000 $8,385,000 $1,265,000 $9,750,000 1 1 $10,050,000 $10,050,000 $0 $0 $0 $0 $10,050,000 $10,050,000 Yuma County Library District General Obligation Totals for Yuma County Library District Yuma County Pest Abatement District Totals for Yuma County Pest Abatement District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Yuma Irrigation District Totals for Yuma Irrigation District Yuma-Mesa Irrigation & Drainage District 0 $0 $0 $0 $0 0 $0 $0 $0 $0 General Obligation 1 $10,050,000 $0 $0 $10,050,000 Special Assessment 8 $30,520,802 $9,051,003 $2,029,992 $19,439,807 Grand Totals: 9 $40,570,802 $9,051,003 $2,029,992 $29,489,807 Totals for Yuma-Mesa Irrigation & Drainage Dist Return to Table of Contents 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 and the Water Infrastructure Finance Authority do 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 2005/06 was $7.3 billion after $1.1 billion 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 double-counting 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 is different.) Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2006. However, the year-end balances should reflect any July 1, 2006 payments if the payment amount has been deposited into a dedicated fund for the payment of principal. Return to Table of Contents TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL AHCCCS Totals for AHCCCS 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Arizona Criminal Justice Commission Totals for Arizona Criminal Justice Commission Arizona Historical Society Totals for Arizona Historical Society 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Arizona House of Representatives Totals for Arizona House of Representatives Arizona Housing Finance Authority Revenue Totals for Arizona Housing Finance Authority 5 $70,455,000 $250,350 $515,842 $69,688,808 5 $70,455,000 $250,350 $515,842 $69,688,808 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Arizona Lottery Revenue Totals for Arizona Lottery Arizona Medical Board Totals for Arizona Medical Board 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Arizona State Parks Totals for Arizona State Parks Arizona State Senate Totals for Arizona State Senate 0 $0 $0 $0 $0 0 $0 $0 $0 $0 8 $290,885,000 $46,680,000 $10,020,000 $234,185,000 9 17 $568,130,000 $859,015,000 $85,320,000 $132,000,000 $16,940,000 $26,960,000 $465,870,000 $700,055,000 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 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Arizona State University Certificate of Participation Revenue Totals for Arizona State University Automobile Theft Authority Totals for Automobile Theft Authority Board for Charter Schools Totals for Board for Charter Schools Board of Accoutancy Totals for Board of Accoutancy Board of Barbers Totals for Board of Barbers Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables. TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Board of Behavioral Health Examiners Totals for Board of Behavioral Health Examiners 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Chiropractic Examiners Totals for Board of Chiropractic Examiners Board of Dispensing Opticians Totals for Board of Dispensing Opticians 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Equalization Totals for Board of Equalization Board of Executive Clemency Totals for Board of Executive Clemency 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Massage Thearpy Totals for Board of Massage Thearpy Board of Naturopathic Physicians Examiners Totals for Board of Naturopathic Physicians Exami 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Nursing Totals for Board of Nursing Board of Nursing Care Institution Administrators Totals for Board of Nursing Care Institution Admini 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Occupational Therapy Totals for Board of Occupational Therapy Board of Optometry Totals for Board of Optometry 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Pharmacy Totals for Board of Pharmacy Board of Physical Therapy Totals for Board of Physical Therapy 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Podiatry Examiners Totals for Board of Podiatry Examiners Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables. TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Board of Psychologist Examiners Totals for Board of Psychologist Examiners 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Respiratory Care Examiners Totals for Board of Respiratory Care Examiners Board of Tax Appeals Totals for Board of Tax Appeals 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Board of Technical Registration Totals for Board of Technical Registration Boxing Commission Totals for Boxing Commission 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Citizen's Clean Election Commission Totals for Citizen's Clean Election Commission Commission for Postsecondary Education Totals for Commission for Postsecondary Educatio 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Commission for the Deaf and Hard of Hearing Totals for Commission for the Deaf and Hard of He Commission on Indian Affairs Totals for Commission on Indian Affairs 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Commission on Judicial Conduct Totals for Commission on Judicial Conduct Commission on the Arts Totals for Commission on the Arts 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Commission on Uniform State Laws Totals for Commission on Uniform State Laws Cooperative Extension Service Totals for Cooperative Extension Service 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Cosmetology Board Totals for Cosmetology Board Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables. TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Court of Appeals Div I Totals for Court of Appeals Div I 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 5 $243,735,000 $28,180,000 $23,005,000 $192,550,000 5 $243,735,000 $28,180,000 $23,005,000 $192,550,000 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Court of Appeals Div II Totals for Court of Appeals Div II Department of Administration Certificate of Participation Totals for Department of Administration Department of Agriculture Totals for Department of Agriculture Department of Building and Fire Safety Totals for Department of Building and Fire Safety 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Commerce Totals for Department of Commerce Department of Corrections Totals for Department of Corrections 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Education Totals for Department of Education Department of Emergency & Military Affairs Totals for Department of Emergency & Military Affai 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Environmental Quality Totals for Department of Environmental Quality Department of Gaming Totals for Department of Gaming 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Health Services Totals for Department of Health Services Department of Housing Totals for Department of Housing 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Insurance Totals for Department of Insurance Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables. TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Department of Juvenile Corrections Totals for Department of Juvenile Corrections 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Liquor Licenses and Control Totals for Department of Liquor Licenses and Contr Department of Mines & Mineral Resources Totals for Department of Mines & Mineral Resource 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Public Safety Totals for Department of Public Safety Department of Racing Totals for Department of Racing 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Real Estate Totals for Department of Real Estate Department of Revenue Totals for Department of Revenue 0 $0 $0 $0 $0 0 $0 $0 $0 $0 18 18 $2,390,980,000 $2,390,980,000 $486,145,000 $486,145,000 $355,980,000 $355,980,000 $1,548,855,000 $1,548,855,000 Department of Transportation Revenue Totals for Department of Transportation Department of Veteran's Services Totals for Department of Veteran's Services 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Department of Weights and Measures Totals for Department of Weights and Measures Geological Survey Totals for Geological Survey 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Government Information Technology Agency Totals for Government Information Technology Ag Governor's Office of Equal Opportunity Totals for Governor's Office of Equal Opportunity 0 $0 $0 $0 $0 0 $0 $0 $0 $0 Greater Arizona Development Authority General Obligation Revenue Totals for Greater Arizona Development Authority 12 $70,815,000 $2,520,000 $2,935,000 $65,360,000 27 39 $236,495,000 $307,310,000 $4,535,000 $7,055,000 $5,835,000 $8,770,000 $226,125,000 $291,485,000 Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables. TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Health Facilities Authority Revenue Totals for Health Facilities Authority 44 $2,552,469,568 $367,820,000 $86,161,000 $2,098,488,568 44 $2,552,469,568 $367,820,000 $86,161,000 $2,098,488,568 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Homeopathic Board Totals for Homeopathic Board Joint Legislative Budget Committee Totals for Joint Legislative Budget Committee 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Law Enforcement Merit System Council Totals for Law Enforcement Merit System Council Legislative Council Totals for Legislative Council 0 $0 $0 $0 $0 0 $0 $0 $0 $0 Northern Arizona University Certificate of Participation Revenue Totals for Northern Arizona University 3 $90,285,000 $0 $0 $90,285,000 8 11 $198,200,000 $288,485,000 $56,085,000 $56,085,000 $10,310,000 $10,310,000 $131,805,000 $222,090,000 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 Office of Administrative Hearings Totals for Office of Administrative Hearings Office of the Attorney General Totals for Office of the Attorney General Office of the Auditor General Totals for Office of the Auditor General Office of the Governor Totals for Office of the Governor Ombudsman Citizens' Aide Totals for Ombudsman Citizens' Aide Private Postsecondary Education Board Totals for Private Postsecondary Education Board Public Safety Personnel Retirement System Totals for Public Safety Personnel Retirement Syst Radiation Regulatory Agency Totals for Radiation Regulatory Agency Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables. TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Registrar of Contractors Totals for Registrar of Contractors 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 6 $1,186,350,000 $347,500,000 $12,040,000 $826,810,000 7 $1,515,360,000 $142,565,000 $495,958,500 $876,836,500 13 $2,701,710,000 $490,065,000 $507,998,500 $1,703,646,500 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Residential Utility Consumer Office Totals for Residential Utility Consumer Office School Facilities Board Certificate of Participation Revenue Totals for School Facilities Board School for the Deaf & Blind Totals for School for the Deaf & Blind Secretary of State's Office Totals for Secretary of State's Office 0 $0 $0 $0 $0 0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 0 0 $0 $0 $0 $0 $0 $0 $0 $0 27 8 $663,132,000 $354,905,000 $64,038,000 $59,105,000 $79,202,000 $12,355,000 $519,892,000 $283,445,000 35 $1,018,037,000 $123,143,000 $91,557,000 $803,337,000 State Banking Department Totals for State Banking Department State Board of Funeral Directors Totals for State Board of Funeral Directors State Dental Board Totals for State Dental Board State Library, Archives and Public Records Totals for State Library, Archives and Public Recor State Personnel Board Totals for State Personnel Board State Retirement System Totals for State Retirement System Structural Pest Control Commission Totals for Structural Pest Control Commission Treasurer's Office Totals for Treasurer's Office University of Arizona Certificate of Participation Revenue Totals for University of Arizona Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables. TABLE 35 STATE AGENCY AND UNIVERSITY FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Water Infrastructure Finance Authority Revenue Totals for Water Infrastructure Finance Authority Certificate of Participation General Obligation 8 $775,290,000 $169,565,000 $28,700,000 $577,025,000 8 $775,290,000 $169,565,000 $28,700,000 $577,025,000 49 $2,474,387,000 $486,398,000 $124,267,000 $1,863,722,000 12 $70,815,000 $2,520,000 $2,935,000 $65,360,000 Revenue 135 $8,662,284,568 $1,371,390,350 $1,012,755,342 $6,278,138,876 Grand Totals: 196 $11,207,486,568 $1,860,308,350 $1,139,957,342 $8,207,220,876 Return to Table of Contents 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 2005/06 was $3.0 billion after $339.1 million 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, 2006. However, the year-end balances should reflect any July 1, 2006 payments if the payment amount has been deposited into a dedicated fund for the payment of principal. Return to Table of Contents TABLE 36 OTHER JURISDICTIONS' FY 2006 BONDED INDEBTEDNESS JURISDICTION Bond Type # OF ISSUES ORIGINAL PRINCIPAL PAID THROUGH 6/30/05 PAID IN FISCAL YEAR 2006 CURRENT OUTSTANDING PRINCIPAL Arizona Exposition and State Fair Totals for Arizona Exposition and State Fair 0 $0 $0 $0 $0 0 $0 $0 $0 $0 1 1 $57,520,000 $57,520,000 $0 $0 $2,560,000 $2,560,000 $54,960,000 $54,960,000 1 $98,000,000 $40,800,000 $0 $57,200,000 1 $98,000,000 $40,800,000 $0 $57,200,000 3 3 $307,400,000 $307,400,000 $1,605,000 $1,605,000 $830,000 $830,000 $304,965,000 $304,965,000 4 $423,707,536 $319,941,210 $17,389,827 $86,376,499 4 $423,707,536 $319,941,210 $17,389,827 $86,376,499 0 0 $0 $0 $0 $0 $0 $0 $0 $0 Arizona Power Authority Revenue Totals for Arizona Power Authority Arizona Research Park Authority Revenue Totals for Arizona Research Park Authority 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 Navigable Stream Adjudication Commission Totals for Navigable Stream Adjudication Commi Pioneer's Home Totals for Pioneer's Home 0 $0 $0 $0 $0 0 $0 $0 $0 $0 Salt River Project 1 $282,680,000 $0 $0 $282,680,000 15 16 $4,766,789,800 $5,049,469,800 $2,240,749,600 $2,240,749,600 $318,291,500 $318,291,500 $2,207,748,700 $2,490,428,700 0 0 $0 $0 $0 $0 $0 $0 $0 $0 1 $282,680,000 $0 $0 $282,680,000 Revenue 24 $5,653,417,336 $2,603,095,810 $339,071,327 $2,711,250,199 Grand Totals: 25 $5,936,097,336 $2,603,095,810 $339,071,327 $2,993,930,199 Certificate of Participation Revenue Totals for Salt River Project Williams Gateway Airport Authority Totals for Williams Gateway Airport Authority Certificate of Participation Return to Table of Contents SECTION TWO FY 2005/06 NEW ISSUES FY 2005/06 NEW ISSUES6 Throughout FY 2005/06 $6.065 billion in new debt was reported by Arizona political subdivisions. Of the $6.065 billion in new debt, $859.1 million was directly attributed to refunding old debt. 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. The following table lists new debt by county as well as the portion recognized as refunding. During FY 2005/06 thirty six cities and towns incurred $2,857.2 million in new debt. The following is a breakdown of this total: COUNTY NEW DEBT REFUNDING Apache $0 $0 Cochise $9,182,000 $0 $42,850,000 $0 Gila $1,420,000 $1,085,000 Graham $9,420,000 $0 $0 $0 Coconino Greenlee La Paz $800,000 $0 $2,915,013,329 $81,195,000 Mohave $114,093,188 $0 Navajo $40,023,573 $0 Other $849,105,000 $0 Pima $166,356,273 $52,750,000 Pinal $242,094,000 $0 $19,150,000 $0 $604,000,000 $714,890,000 $39,649,000 $0 Maricopa Santa Cruz State Yavapai Yuma $152,675,848 $9,145,000 Total $5,205,832,211 $859,065,000 COUNTIES During the FY 2005/06, two counties reported three new bond issues totaling $70.0 million. Of this amount, all is attributable to Revenue bonds. New county debt for FY 2005/06 can be found in Table 37. CITIES AND TOWNS City and town debt comes in a variety of forms including general obligation, revenue, special assessment, certificates of 6Copies 9 $70.7 million in a certificate of participation, reported by two cities; 9 $691.7 million in general obligation debt, reported by ten cities and towns; 9 $12.1 million in the form of lease purchases, reported by five cities and towns; 9 $8.1 million in debt issued through municipal property corporations, reported by three cities and towns; 9 $2,058.3 million in revenue bonds, reported by twenty five cities and towns; and 9 $16.2 million in a special assessment bond, reported by five cities; Projects for new debt issued by cities in towns during FY 2005/06 include: $221.1 million for wastewater and sewer projects, $46.8 million for streets/highways, $2,522.1 million for municipal improvement projects, $12.1 million for various lease, and $55.1 million for refunding. 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 obligation bonds. Of the ten community of the Report of Bond and Security Issuance forms as provided by the jurisdictions can be obtained upon request. college districts statewide, only two reported new debt during FY 2005/06. These community colleges reported $22.0 million in general obligation debt, $1.3 million in revenue bonds, and $668,000 in lease purchases. Detail on new issues by Community Colleges can be found in Table 39. SCHOOL DISTRICTS As discussed in section one, school districts incur, primarily, general obligation debt, subject to the limitations established by the constitution. During FY 2005/06, thirty five of Arizona school districts reported new general obligation debt in the amount of $692.9 million (of this amount $68.5 million of this amount was for refunding). An additional $8.1 million was reported by seven school districts in the form of long term lease purchase agreements. Seven of the fifteen Arizona counties had school districts that issued new debt. Maricopa county schools accounted for approximately 66% of all new general obligation debt by issuing $455.9 million. Of this amount, $6.6 million is to be used in a refunding capacity. The remaining $449.3 million is for improvement projects of various types. Arizona school districts that reported debt for FY 2005/06 had, as of the date of their report, outstanding debt in the amount of $3.9 billion. New debt and new lease purchases, then, account for 18.0% of total outstanding debt for school districts. Detail of all new debt issued by school districts in FY 2005/06 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: During FY 2005/06, nineteen special districts incurred $255.1 million in new debt. The following is a breakdown of this total: 9 $199.6 million in revenue bonds, issued by three special districts; 9 $10.1 million in special assessment bonds, issued by six special districts; 9 $1.3 million in lease purchase debt, issued by one special district; 9 $44.1 million in general obligation bonds, issued by nine special districts. Detail of all new debt issued by special districts for FY 2005/06 can be found in Table 41. STATE AGENCIES, UNIVERSITIES AND OTHERS Entities listed in this section issue, almost exclusively, are revenue bonds. During FY 2005/06, several certificates of participation and one lease purchase were issued as well: 9 $1,984.9 million in revenue bonds, issued by twelve agencies, universities and others; 9 $174.9 million in certificates of participation bonds, issued by three universities. 9 $8.3 million in lease purchase by one other. Detail of new debt issued by state agencies, universities and other jurisdictions for FY 2005/06 can be found in Table 42. Return to Table of Contents TABLE 37 COUNTY NEW ISSUES IN FY 2006 Name Bond Type # of Issues Pima Revenue 2 $6,788,112 Pinal Revenue 1 $63,220,000 Grand Total: Return to Table of Contents Amount $70,008,112 TABLE 38 CITY NEW ISSUES IN FY 2006 Name Bond Type # of Issues Amount Avondale General Obligation 1 Avondale Revenue 1 $3,185,000 Avondale Muni. Develop. Corp Benson Revenue Revenue 1 1 $12,850,000 $500,000 Bisbee Municipal Property Corp 2 $4,382,000 Buckeye Revenue 1 $14,730,000 Bullhead City Municipal Property Corp 1 $31,550,000 Chandler Cottonwood General Obligation Revenue 1 1 $30,905,000 $23,965,000 El Mirage Revenue 2 $17,658,911 Eloy Revenue 1 $1,080,000 Flagstaff General Obligation 1 $31,500,000 Gilbert General Obligation 2 $29,810,000 Gilbert Glendale Revenue General Obligation 1 2 $73,420,000 $38,430,000 Glendale Lease Purchase 1 $1,166,300 Glendale Municipal Property Corp 2 $120,250,000 Glendale Revenue 2 $95,745,000 Kingman Revenue 1 $2,850,000 Kingman Lake Havasu City Special Assessment Revenue 1 2 $6,325,000 $64,290,000 Mesa General Obligation 2 $36,360,000 Mesa Lease Purchase 2 $5,176,600 Mesa Revenue 2 $117,075,000 Mesa Special Assessment Nogales Muni. Develop. Authority Revenue 1 2 $5,025,000 $19,150,000 Oro Valley Revenue 1 $6,215,000 Paradise Valley Lease Purchase 2 $5,049,066 Payson Certificates of Participation 1 $545,000 Payson General Obligation 1 $1,085,000 Payson Peoria Muni. Develop. Authority Special Assessment Revenue 1 1 $875,000 $6,675,000 Phoenix General Obligation 1 $300,000,000 Phoenix Revenue 3 $350,000,000 Phoenix Civic Improvement Corp Revenue 3 $729,777,352 Prescott Quartzsite Lease Purchase Municipal Property Corp 1 1 $734,000 $800,000 Queen Creek Revenue 2 $14,025,000 Safford Revenue 1 $9,420,000 Sahuarita Revenue 1 $16,355,000 San Luis Civic Improvement Corp Revenue 1 $40,000,000 $4,145,000 TABLE 38 CITY NEW ISSUES IN FY 2006 Name Bond Type # of Issues San Luis Facility Develop. Corp Revenue 1 Scottsdale General Obligation 1 $145,000,000 Scottsdale Somerton Municipal Property Corp Municipal Property Corp 1 1 $134,860,000 $2,915,848 Superior Revenue 1 $500,000 Tempe General Obligation 1 $74,495,000 Tempe Revenue 3 $104,255,000 Tucson Tucson Certificates of Participation Revenue 2 2 $70,145,000 $4,500,000 Tucson Special Assessment 1 $133,133 Willcox Municipal Property Corp 1 $3,300,000 Willcox Revenue 1 $1,000,000 Williams Revenue 3 $11,350,000 Yuma Special Assessment 1 $3,875,000 Grand Total: Return to Table of Contents Amount $27,795,000 $2,857,203,209 TABLE 39 COMMUNITY COLLEGE NEW ISSUES IN FY 2006 Name Bond Type # of Issues Arizona Western Comm College General Obligation 1 $20,000,000 Mohave Co Community College Lease Purchase 1 $668,188 Mohave Co Community College Revenue 1 $1,325,000 Grand Total: Return to Table of Contents Amount $21,993,188 TABLE 40 SCHOOL DISTRICT NEW ISSUES IN FY 2006 Dist. # Name County 3 Tempe ESD Maricopa General Obligation-Class B 1 $15,000,000 4 Mesa USD Maricopa General Obligation-Class B 1 $45,000,000 11 21 Peoria USD Murphy ESD Maricopa Maricopa General Obligation-Class B General Obligation-Class B 2 1 $65,000,000 $2,000,000 28 Kyrene ESD Maricopa General Obligation-Class B 1 $16,000,000 33 Buckeye ESD Maricopa General Obligation-Class B 1 $5,230,000 38 Madison ESD Maricopa General Obligation-Class B 1 $12,500,000 40 Glendale ESD Maricopa General Obligation 1 $6,630,000 40 40 Glendale ESD Glendale ESD Maricopa Maricopa General Obligation-Class B Lease Purchase 1 1 $6,335,000 $32,794 41 Gilbert USD Maricopa General Obligation-Class B 1 $65,000,000 41 Gilbert USD Maricopa Lease Purchase 3 $2,875,684 45 Fowler ESD Maricopa Lease Purchase 1 $111,613 59 59 Laveen ESD Laveen ESD Maricopa Maricopa General Obligation-Class B Lease Purchase 1 1 $3,000,000 $677,498 60 Higley USD Maricopa General Obligation-Class B 1 $4,995,000 62 Union ESD Maricopa General Obligation-Class B 1 $1,385,000 69 Paradise Valley USD Maricopa General Obligation-Class B 1 $41,075,000 81 Nadaburg ESD Maricopa General Obligation-Class B 1 $2,000,000 81 89 Nadaburg ESD Dysart USD Maricopa Maricopa Lease Purchase General Obligation-Class B 1 1 $219,512 $14,770,000 93 Cave Creek USD Maricopa General Obligation-Class B 1 $5,000,000 201 Buckeye UHSD Maricopa General Obligation-Class B 1 $6,345,000 205 Glendale UHSD Maricopa General Obligation-Class B 1 $30,000,000 210 Phoenix UHSD Maricopa General Obligation-Class B 1 $65,000,000 214 216 Tolleson UHSD Agua Fria UHSD Maricopa Maricopa General Obligation-Class B General Obligation-Class B 1 1 $22,000,000 $17,700,000 2 Colorado River UHSD Mohave General Obligation-Class B 1 $5,785,000 8 Peach Springs USD Mohave General Obligation-Class B 1 $1,300,000 3 Holbrook USD Navajo General Obligation-Class B 1 $4,098,000 20 27 Whiteriver USD Kayenta USD Navajo Navajo Revenue General Obligation-Class B 1 1 $17,795,000 $1,590,000 32 Blue Ridge USD Navajo General Obligation-Class B 1 $15,000,000 1 Tucson USD Pima General Obligation 1 $47,825,000 1 Tucson USD Pima Lease Purchase 2 $1,182,028 6 Marana USD Pima General Obligation 1 $4,925,000 6 16 Marana USD Catalina Foothills USD Pima Pima General Obligation-Class B General Obligation-Class B 1 1 $4,845,000 $4,500,000 20 Vail USD Pima General Obligation-Class B 1 $8,930,000 30 Sahuarita USD Pima General Obligation-Class B 1 $10,000,000 Casa Grande ESD Pinal General Obligation-Class B 1 $13,000,000 4 Bond Type # of Issues Amount TABLE 40 SCHOOL DISTRICT NEW ISSUES IN FY 2006 Dist. # Name County Bond Type # of Issues 21 Coolidge USD Pinal Certificates of Participation 1 $3,640,000 21 Coolidge USD Pinal General Obligation-Class B 1 $5,500,000 43 44 Apache Junction USD J O Combs ESD Pinal Pinal General Obligation-Class B Certificates of Participation 1 1 $12,000,000 $2,945,000 1 Prescott USD Yavapai General Obligation-Class B 1 $14,950,000 11 Somerton ESD Yuma General Obligation-Class B 1 $2,100,000 13 Crane ESD Yuma General Obligation-Class B 1 $8,565,000 70 Yuma UHSD Yuma General Obligation 1 $9,145,000 70 70 Yuma UHSD Yuma UHSD Yuma Yuma General Obligation-Class B Lease Purchase 1 1 $34,375,000 $3,000,000 Grand Total: Return to Table of Contents Amount $692,877,129 TABLE 41 SPECIAL DISTRICT NEW ISSUES IN FY 2006 Name County Bond Type # of Issues Lupine Co Improvement Distr of Coconino Co Coconino Special Assessment 1 $243,105 Agua Fria Ranch Community Facilities District Maricopa General Obligation 1 $3,450,000 Eagle Mountain Community Facilities District Estrella Mountain Ranch Community Fac (Goodyear) Maricopa Maricopa General Obligation General Obligation 1 1 $4,555,000 $5,005,000 Festival Ranch Community Facilities Dist (Buckeye) Maricopa Special Assessment 1 $1,448,000 Sundance Community Facilities Dist (Buckeye) Maricopa General Obligation 1 $6,000,000 Tartesso West Community Facilities Dist (Buckeye) Maricopa General Obligation 1 $110,000 Watson Road Comm Facil Dist (Town of Buckeye) Maricopa Revenue 1 $49,000,000 Westpark Community Facil Dist(Town of Buckeye) Lakeside Fire District Maricopa Navajo General Obligation Lease Purchase 1 1 $690,000 $1,294,823 Sutter Drive Improvement Dist of Navajo Co Navajo Special Assessment 1 $245,750 Drexel Heights Fire District of Pima Co Pima General Obligation 1 $1,560,000 Metropolitan Domestic Water Improv Dist of Pima Co Pima Revenue 1 $15,375,000 Quail Creek Community Facilities District Pima Three Canyons Domestic Water Improvement District Pima General Obligation Special Assessment 1 1 $12,660,000 $3,168,000 Electrical District of Pinal County Pinal Revenue 4 $135,190,000 Merrill Ranch Community Facilities Dist #2 Pinal Special Assessment 1 $2,555,000 Merrill Ranch Community Facilities District #1 Pinal Special Assessment 1 $2,464,000 Yuma County Free Library Dist of Yuma Co, Az Yuma General Obligation 1 $10,050,000 Grand Total: Return to Table of Contents Amount $255,063,678 TABLE 42 STATE AGENCY, UNIVERSITY AND OTHER NEW ISSUES FY 2006 Jurisdiction Amount Arizona Health Facilities Authority Arizona Health Facilities Authority Arizona Health Facilities Authority Arizona Health Facilities Authority Purpose $34,000,000 Revenue bonds $74,675,000 Revenue bonds $4,500,000 Health facilities revenue bonds $190,000,000 Revenue bonds Arizona Housing Finance Authority $15,000,000 Single family mtg revenue Arizona Housing Finance Authority $30,000,000 Single family mtg rev bonds Arizona School Facilities Board Arizona State University Arizona State University Research Park Inc $448,760,000 Revenue refunding bonds $15,810,000 Arizona Biomedical Research $12,975,000 Refunding revenue bonds Department of Transportation $118,250,000 Highway revenue bonds Department of Transportation $147,400,000 Highway revenue refund bonds Greater Arizona Development Authority $52,060,000 Infrastructure revenue bonds Greater Arizona Development Authority Northern Arizona University $63,220,000 Revenue bonds $15,255,000 Revenue bonds Northern Arizona University $40,255,000 NAU research infrastructure Northern Arizona University $12,445,000 Certificates of participation Salt River Project Agricultural Improv & Po $327,090,000 Revenue bonds Tourism and Sports Authority University Medical Center Corporation $53,050,000 Multipurpose stadium facility project $140,000,000 Hospital revenue bonds University of Arizona $35,570,000 Revenue bonds University of Arizona $58,650,000 Refunding certificates of participation University of Arizona $18,240,000 Arizona Biomedical Research University of Arizona $29,460,000 Refunding certificates of participation University of Arizona Valley Metro Regional Public Transportatio $17,645,000 Revenue refunding bonds $8,285,000 Sun trust master lease agreement Water Infrastructure Finance Authority of Grand Total: $205,400,000 Revenue bonds $2,167,995,000 Return to Table of Contents SECTION THREE 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 2005/06. 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 the statute. 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. For FY 2005/06, 805 political subdivisions and state agencies submitted reports. Reports submitted for this fiscal year reflected 1,453 lease purchase contracts with $670.9 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 43. Table 44 lists all political subdivisions and state agencies who reported having no lease purchases or third party financing contracts. Return to Table of Contents TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired Apache Alpine ESD Alpine Fire District 2 2 $4,434 $218,939 $6,852 $224,911 Apache County 1 $83,233 $94,219 Chinle USD 1 $117,797 $149,974 Concho Fire District 3 $290,596 $104,739 10 $3,875,412 $777,623 Ganado USD Greer Fire District 3 4 $989,714 $182,710 $907,491 $91,282 Puerco Valley Fire District 2 $125,900 $219,497 Red Mesa USD 1 $34,219 $129,550 Sanders USD 2 $27,686 $91,574 Springerville St. Johns 2 1 $2,052 $1,320,128 $58,339 $179,872 Vernon ESD 2 $40,139 $48,550 Window Rock USD 1 $16,129 $5,567 37 $7,329,088 $3,090,041 1 $251 $43,309 3 $10,976 $30,210 15 $4,556,437 $1,737,721 Benson USD 3 $178,473 $136,339 Bisbee 3 $38,016 $372,195 Bowie USD Cochise County 2 3 $64,828 $472,815 $56,844 $399,542 Cochise ESD 1 $0 $85,989 Double Adobe ESD 1 $1,578 $3,155 Douglas 8 $929,278 $810,240 Douglas USD 2 $30,104 $112,442 Huachuca City McNeal ESD 3 1 $252,540 $27,419 $406,689 $49,943 Naco Fire District 2 $60,500 $40,000 Naco Sanitary District 1 $149,013 $50,987 Palominas Fire District 3 $376,607 $168,595 Pearce ESD San Jose Fire District 1 1 $30,974 $14,760 $41,919 $18,000 Eagar Totals for Apache Cochise Apache ESD Ash Creek ESD Benson TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired 3 $73,706 $136,387 11 8 $5,845,128 $196,745 $11,873,848 $280,998 St. David Fire District 1 $0 $51,000 Tombstone 1 $86,719 $80,281 Valley UHSD 1 $48,864 $48,010 Whetstone Fire District 1 $245,815 $104,185 Willcox Willcox USD 1 2 $11,543 $26,398 $0 $40,076 83 $13,729,486 $17,178,904 Blue Ridge Fire District 2 $344,088 $210,558 Flagstaff Flagstaff USD 3 3 $13,080,392 $149,481 $1,284,804 $43,992 Forest Lakes Domestic WID 2 $169,335 $74,821 Grand Canyon USD 6 $132,092 $32,631 Greenehaven Fire District 1 $38,013 $43,287 Highlands Fire District Kaibab Estates West Fire District 2 1 $244,186 $17,925 $350,814 $42,075 Maine Consolidated ESD 3 $19,348 $152,605 Mormon Lake Fire District 1 $0 $89,518 Mount Elden Lookout Road Fire District 2 $1,100,000 $0 Page 15 $472,212 $187,437 Page USD Pinewood Sanitary District 34 5 $537,795 $4,092,499 $1,476,929 $1,037,953 9 $1,629,978 $1,168,095 San Simon USD Sierra Vista Sierra Vista USD Totals for Cochise Coconino Summit Fire District 18 $4,188 $215,200 Tusayan Fire District 3 $905,737 $169,612 Williams 3 $706,075 $414,915 Williams USD 6 $106,148 $155,874 119 $23,749,493 $7,151,121 Tuba City USD Totals for Coconino Gila Beaver Valley Fire District 1 $46,335 $3,665 Christopher-Kohls Fire District 2 $52,292 $32,827 Gila County Gisela Valley Fire District 6 1 $834,952 $9,340 $664,001 $13,160 TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired 3 $736,547 $328,587 Globe USD Hayden-Winkelman USD 6 3 $553,394 $100,027 $312,054 $70,491 Houston Mesa Fire District 1 $76,559 $57,419 Miami 2 $0 $19,060 Miami USD 4 $13,763 $37,017 Payson 5 $321,361 $364,416 Payson USD Pine Strawberry ESD 6 3 $1,987,471 $38,746 $997,650 $24,859 Pine Strawberry Fire District 4 $350,221 $374,099 Tonto Basin Fire District 1 $93,315 $138,685 Tonto Basin USD 1 $29,233 $55,834 Whispering Pines Fire District Winkelman 3 1 $131,107 $1,335 $75,843 $2,978 53 $5,375,998 $3,572,646 Bonita ESD 1 $0 $53,449 Eastern Arizona College Ft. Thomas USD 1 1 $12,743 $15,238 $1,527 $50,922 Graham County 3 $276,794 $74,425 Mount Graham Hospital District 1 $0 $1,450,000 Pima 5 $94,008 $264,514 Pima USD 1 $21,612 $46,173 Safford Solomon ESD 5 1 $906,508 $36,437 $89,331 $38,284 19 $1,363,340 $2,068,625 9 $733,375 $1,016,717 9 $733,375 $1,016,717 Globe Totals for Gila Graham Totals for Graham Greenlee Greenlee County Totals for Greenlee La Paz Bicentennial UHSD 2 $9,063 $36,253 Bouse ESD 1 $0 $13,146 Buckskin Fire District 1 $314,992 $46,027 Ehrenberg Fire District La Paz County 2 6 $296,530 $195,289 $123,811 $184,869 McMullen Valley Fire District 2 $160,091 $166,637 TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired 2 $22,121 $56,123 1 10 $175,090 $370,113 $35,858 $299,063 Quartzsite ESD 1 $40,355 $57,345 Quartzsite Fire District 2 $234,795 $530,833 30 $1,818,439 $1,549,966 2 $791,402 $434,580 Aguila Fire District 1 $55,940 $9,060 Alhambra ESD 5 $727,037 $1,591,161 Arlington USD 4 $32,198 $49,869 Avondale 6 $3,061,372 $1,279,898 Avondale ESD Balsz ESD 13 4 $156,660 $378,016 $220,012 $3,046,387 Buckeye 21 $2,768,312 $1,514,352 2 $12,970 $42,983 Buckeye UHSD 15 $531,405 $376,758 Cartwright ESD Cave Creek USD 2 4 $330,000 $230,222 $3,904,000 $938,258 Chandler 3 $30,348 $4,209,227 Circle City/Morristown Fire District 2 $198,309 $211,660 Creighton ESD 1 $41,124 $82,319 Daisy Mountain Fire District 7 $1,377,463 $529,824 Deer Valley USD Dysart USD 3 9 $1,895,226 $1,854,727 $2,099,521 $3,541,108 El Mirage 1 $0 $57,268 Fountain Hills USD 1 $682,678 $0 Fowler USD 1 $111,613 $0 Gilbert USD 12 $9,630,478 $5,785,863 Glendale Glendale ESD 18 6 $31,176,634 $238,902 $29,212,805 $569,538 Glendale UHSD 3 $1,583,950 $778,624 Guadalupe 5 $300,159 $338,030 Harquahala Valley Fire District 1 $368,000 $0 Kyrene ESD Laveen ESD 1 3 $50,829 $568,877 $75,431 $187,109 Parker Parker Fire District Quartzsite Totals for La Paz Maricopa Agua Fria UHSD Buckeye ESD TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Litchfield Park Littleton ESD Madison ESD Maricopa County Number of Contracts Amount Outstanding Amount Retired 1 $79,371 $87,729 8 3 $743,246 $174,244 $558,026 $276,751 22 $25,420,543 $19,938,318 Maricopa County Community College 5 $556,112 $270,489 Maricopa County Library District 1 $658,039 $150,796 Maricopa County Regional Schools 4 $42,936 $71,250 3 16 $319,549 $21,094,645 $277,198 $11,470,685 Mesa USD 2 $51,354 $207,343 Morristown USD 1 $66,112 $16,428 Murphy ESD 8 $96,044 $155,042 Nadaburg ESD Osborn ESD 3 2 $193,875 $157,708 $207,141 $1,028,290 Paradise Valley 5 $4,836,370 $1,177,182 Paradise Valley USD 1 $518,320 $316,399 Pendergast ESD 8 $694,613 $3,044,134 Peoria 5 $376,321 $614,625 14 4 $6,479,783 $950,907 $2,657,009 $24,101 Maricopa USD Mesa Peoria USD Phoenix Phoenix ESD 3 $123,629 $646,252 Queen Creek 5 $7,001,851 $1,976,959 Roosevelt ESD 1 $225,602 $328,308 Saddle Mountain USD Scottsdale 3 1 $468,827 $178,333 $106,167 $34,321 Scottsdale USD 4 $1,060,671 $1,668,690 Sun City Fire District 2 $2,184,946 $568,321 Sun Lakes Fire District 1 $550,000 $1,250,000 Tempe 10 $13,732,170 $1,094,870 Tempe ESD Tolleson 1 1 $0 $0 $2,037,154 $140,150 Tolleson ESD 1 $905,683 $94,317 Tonopah Fire District 3 $501,252 $95,688 Union ESD 7 $77,349 $302,614 Washington ESD 1 $1,310,229 $4,442,833 Wickenburg Wickenburg USD 4 8 $409,368 $239,402 $461,717 $458,178 TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired 2 $28,265 $56,576 330 $151,692,520 $119,397,694 10 $2,493,377 $3,443,718 Bullhead City Fire District 3 $813,390 $802,946 Colorado City 5 $271,823 $309,039 Colorado City Fire District Colorado City USD 1 3 $40,897 $0 $135,603 $1,419,505 Colorado River UHSD 2 $807,471 $0 Fort Mojave Mesa Fire District 1 $744,535 $455,465 Golden Shores Fire District 4 $76,782 $237,574 Golden Valley Fire District 2 $179,432 $13,095 Hackberry ESD Hualapai Valley Fire District 1 4 $0 $799,750 $8,392 $845,319 Youngtown Totals for Maricopa Mohave Bullhead City Kingman USD 7 $2,818,941 $2,454,249 Lake Havasu City 27 $5,065,862 $1,459,485 Lake Havasu USD 5 $3,556,498 $940,152 Lake Mohave Ranchos Fire District Littlefield ESD 3 2 $101,595 $60,801 $80,110 $113,925 Mohave Comm Coll District 2 $205,756 $128,606 Mohave Comm College Admin 1 $330,588 $0 Mohave County Community College 5 $153,566 $514,155 Mohave Valley ESD #16 2 $1,199,680 $338,958 Pine Lake Fire District So Hi Water District 1 1 $62,472 $280,030 $12,528 $364,970 Topock ESD 2 $63,221 $36,192 Valentine ESD 1 $12,458 $25,788 95 $20,138,925 $14,139,774 Navajo Blue Ridge USD 4 $834,181 $725,041 Cedar USD 5 $133,787 $81,998 Clay Springs/Pinedale Fire District 1 $129,248 $0 Heber-Overgaard USD 1 $34,297 $68,040 Holbrook 4 $175,776 $263,786 Joseph City Fire District Joseph City USD 1 1 $14,315 $53,666 $135,685 $77,228 Totals for Mohave TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired 26 $256,014 $270,986 Lakeside Fire District Linden Fire District 1 2 $1,234,895 $220,976 $59,928 $204,544 Navajo County 1 $39,815 $23,271 Northland Pioneer College 2 $340,281 $184,246 Pinetop Volunteer Fire District 2 $1,516,023 $66,017 Pinetop-Lakeside 4 $1,225,004 $1,214,374 Pinetop-Lakeside Sanitary District Pinon USD 1 3 $283,140 $3,210,705 $516,860 $1,209,295 Show Low 5 $0 $538,817 Show Low Fire District 2 $970,893 $246,632 Show Low USD 3 $527,588 $1,456,784 Snowflake Snowflake USD 1 1 $2,750,512 $8,834 $0 $18,283 Taylor 4 $454,413 $270,587 Whiteriver USD 2 $2,626 $41,037 10 $1,238,991 $1,210,884 1 $3,072 $768 Totals for Navajo 88 $15,659,052 $8,885,091 Williams Gateway Airport Authority 3 $3,510,231 $1,428,365 Totals for Other 3 $3,510,231 $1,428,365 Amphitheater USD Avra Valley Fire District 5 5 $515,638 $253,097 $1,166,979 $379,976 Catalina Foothills USD 10 $0 $294,052 Continental ESD 2 $54,033 $119,180 Drexel Heights Fire District 1 $31,882 $118,118 Flowing Wells USD Golder Ranch Fire District 1 3 $184,451 $620,523 $164,853 $453,230 Green Valley Fire District 4 $293,044 $1,112,136 Indian Oasis-Baboquivari USD 3 $283,250 $337,982 Metropolitan Domestic WID 6 $1,683,938 $1,127,961 Mount Lemmon Fire District 2 $216,240 $115,000 Northwest Fire District Picture Rocks Fire District 3 1 $3,953,056 $326,485 $886,169 $22,845 Kayenta USD Winslow Winslow USD Other Pima TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired 3 $195,628 $394,004 Pima County Community College Pima County Stadium District 1 2 $4,705,000 $28,335,000 $380,000 $4,065,000 Rincon Valley Fire District 4 $886,813 $584,847 Sahuarita USD 4 $394,254 $1,209,941 South Tucson 1 $266,384 $10,453 Sunnyside USD 3 $2,815,185 $1,115,284 Three Points Fire District Tucson 1 59 $600,000 $22,605,938 $1,400,000 $10,346,666 Tucson Airport Authority 1 $144,456 $236,531 10 $2,706,082 $6,159,157 3 $1,713,851 $1,131,329 138 $73,784,228 $33,331,693 Pima County Tucson USD Vail ESD Totals for Pima Pinal Apache Junction 1 $0 $25,289 Apache Junction Fire District 2 $3,949,992 $550,008 Apache Junction USD 2 $219,407 $1,246,469 Arizona City Fire District Arizona City Sanitary District 2 1 $1,268,550 $7,522,523 $97,471 $679,509 Casa Grande 9 $26,736,339 $6,557,367 Casa Grande ESD 1 $0 $28,800 Casa Grande UHSD 4 $116,944 $125,870 Central Arizona College 1 $11,310,000 $2,220,000 Combs ESD Coolidge 2 7 $57,817 $1,257,476 $83,588 $1,211,063 Coolidge USD 11 $4,058,490 $1,320,167 Eloy 13 $2,271,425 $1,523,030 Eloy ESD 6 $88,803 $373,888 Eloy Fire District 3 $293,080 $277,348 5 13 $852,410 $739,939 $811,634 $1,140,143 Kearny 1 $10,949 $1,393 Mammoth Fire District 1 $5,668 $17,697 Maricopa Fire District 4 $1,350,799 $101,849 Mary C O'Brien Accom Dist Oracle ESD 2 2 $49,595 $137,859 $139,315 $58,524 Florence Florence USD TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Oracle Fire District Oracle Sanitary District Picacho ESD Pinal County Amount Outstanding Amount Retired 3 $243,346 $68,794 1 1 $0 $37,487 $17,287 $34,681 15 $4,994,467 $2,922,431 Queen Valley Domestic WID 1 $48,875 $31,875 Queen Valley Fire District 1 $40,786 $119,647 Queen Valley Sanitary District 1 $16,823 $4,090 Ray USD San Carlos Irrigation & Drainage District 1 1 $87,688 $345,569 $0 $51,672 Santa Cruz Valley UHSD 8 $155,310 $273,785 Stanfield ESD 3 $301,935 $207,432 Superior 1 $1,321 $7,974 Superior USD Thunderbird Irrigation District #2 1 1 $198,667 $34,430 $50,295 $12,570 Water Utilities Community Facilities District 1 $2,003,317 $129,845 133 $70,808,086 $22,522,800 Nogales Nogales Suburban Fire District 9 1 $504,441 $218,214 $1,496,244 $19,126 Patagonia 1 $10,033 $2,508 Santa Cruz County 9 $323,784 $2,537,976 Santa Cruz Valley USD 3 $85,829 $311,561 23 $1,142,301 $4,367,415 Totals for Pinal Santa Cruz Totals for Santa Cruz State Arizona Exposition & State Fair 1 $40,395 $48,774 23 $10,279,328 $4,868,420 Arizona Tourism and Sports Authority 2 $17,747 $42,292 Board of Nursing 1 $91,757 $103,084 Court of Appeals Div 1 Department of Administration 4 3 $34,078 $118,745,000 $101,519 $4,425,000 Department of Corrections 1 $3,025,000 $1,425,000 Department of Economic Security 7 $5,051,678 $3,201,171 Arizona State University Department of Revenue Department of Transportation Department of Water Resources Land Department 1 $83,921 $18,038 11 $11,129,668 $2,293,009 1 2 $675,809 $405,040 $41,945 $568,682 TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired 3 $629,117 $604,597 Northern Arizona University School for the Deaf and Blind 4 2 $14,790,723 $567,843 $2,900,331 $232,925 Supreme Court 9 $604,606 $272,904 32 $34,161,656 $17,164,856 107 $200,333,367 $38,312,547 1 $20,000 $63,390 Ash Fork USD 4 $3,113,136 $258,157 Beaver Creek ESD 5 $20,810 $125,998 Camp Verde Fire District 3 $464,750 $199,221 Canon ESD 1 $254,803 $82,627 Chino Valley Chino Valley Fire District 3 3 $292,541 $930,944 $299,619 $330,226 Chino Valley USD 8 $246,680 $408,997 Clarkdale 1 $17,388 $126,780 Clarkdale-Jerome ESD 3 $53,191 $27,861 Congress ESD Congress Fire District 2 2 $0 $104,445 $59,091 $124,432 Cottonwood 2 $699,141 $411,537 Cottonwood-Oak Creek ESD 3 $56,384 $71,810 Crown King Fire District 1 $10,000 $50,700 Dewey-Humboldt 1 $6,559 $3,204 Groom Creek Fire District Humboldt USD 1 1 $229,408 $64,717 $20,592 $129,539 Jerome 4 $190,865 $514,652 Mayer USD 2 $17,198 $120,036 Mingus UHSD 5 $162,488 $223,663 Montezuma Rimrock Fire District 3 $596,941 $313,293 Peeples Valley Fire District Ponderosa Park Domestic WID 1 1 $90,000 $338,664 $0 $61,336 10 $4,695,121 $2,575,048 Prescott USD 4 $2,654,802 $2,676,888 Prescott Valley 1 $12,823 $2,261 Sedona Fire District Sedona-Oak Creek USD 3 8 $166,577 $115,907 $741,896 $25,345 Legislative Council University of Arizona Totals for State Yavapai Ash Fork Fire District Prescott TABLE 43 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Skull Valley ESD Number of Contracts Amount Outstanding Amount Retired 1 $53,803 $42,260 Verde Valley Fire District Yavapai Community College 1 8 $934,023 $2,148,289 $54,307 $747,249 Yavapai County 2 $74,625 $2,525,375 99 $18,837,023 $13,417,391 2 3 $91,223 $46,731 $408,440 $129,842 San Luis 38 $43,162,256 $6,018,831 Somerton 11 $8,622,383 $2,188,039 Totals for Yavapai Yuma Gadsden ESD Mohawk Valley ESD Somerton ESD 1 $138,391 $128,465 Wellton 8 $690,306 $388,510 Wellton USD Yuma County 3 4 $6,589 $266,861 $142,003 $554,973 11 $4,354,223 $4,421,946 6 $3,527,454 $2,143,098 87 $60,906,417 $16,524,147 1,453 $670,911,370 $307,954,935 Yuma ESD Yuma UHSD Totals for Yuma Grand Totals: Return to Table of Contents TABLE 44 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 Concho ESD Crosby Acres Greer Acres Improvement District Little Colorado Sanitary District McNary ESD N. Apache County Special Health Care District Ojo Bonito WID Round Valley USD St. Johns USD Vernon Domestic WID White Mountain Comm Special Health Care Dist Cochise Babocomari Fire District Bisbee USD Bowie Light District Carmel Light District Cochise County Flood Control District Cochise County Library District Elfrida ESD Elfrida Fire District Fort Huachuca Accomodation Schools Golden Acres Light District Naco ESD Naco Lighting District Northern Cochise County Hospital District Palominas ESD Pirtleville Fire District Pirtleville Light District Pomerene Domestic WID Pomerene ESD Pomerene Fire District Rucker ESD St. David Flood Control District St. David Irrigation District TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District St. David USD Sunnyside Fire District Sunsites Light District Sunsites-Pearce Fire District Tombstone USD Coconino Buckboard Trail Chevelon Butte ESD Coconino County Flood Control District Coconino County Jail District Coconino County Library District Flagstaff Special Districts Forest Lakes Fire District Fredonia Fredonia-Moccasin USD Kachina Trail Kachina Village Improvement District Kachina Village Paving Kiowa-Comanche County Improvement District Linda Lane Road Improvement District Lupine Northside Sewer Improvement District Oakwood Pines Page Hospital District Pawnee County Improvement District Pinewood Fire District Pinon County Improvement District Rio-Arroyo Rodeo Drive Rudd Tank Road Improvement District Sherwood Forest Estates Fire District Shoshone County Improvement District South Grand Canyon Sanitary District Toho Tolani Tonowanda County Improvement District Williams Facilities District Williams Hospital District Gila Canyon Fire District TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Canyon Water District Gila County Library District Hayden Mesa Del Sanitary District Northern Gila County Sanitary District 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 Star Valley Tri-City Fire District Young ESD Graham Central Jackson Heights Fire District Gila Valley Irrigation District Graham County Flood Control District Klondyke ESD Pima Rural Fire District Safford Rural Fire District Safford USD Thatcher Thatcher USD Greenlee Blue ESD Clifton Clifton USD Duncan Duncan Rural Fire District Duncan USD Eagle ESD Morenci USD La Paz Cibola Valley Irrigation District La Paz County Hospital District La Paz County Jail District McMullen Valley Water Conservation & Drainage Dist TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Parker USD Salome Consolidated ESD Wenden ESD Wenden WID Maricopa #K106 7th Street North #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 Adaman Irrigation Water Delivery District Agua Fria Ranch Community Facilities District Aguila ESD Aguila Irrigation District Arizona Utilities Community Facilities District AZ 9-5 Housing AZ 9-6 Housing AZ 9-7 Housing AZ 9-9 Housing Berridge Manor IWDD #38 Buckeye Valley Fire District Buckeye Water Conservation & Drainage District Carefree Cave Creek TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Centerra Community Facilities District Chandler Heights Citrus Irrigation District Chandler USD Citrus Gardens Irrigation Water Delivery District Cortina Community Facilities District Cottonflower Community Facilities District DC Ranch Community Facilities District Eagle Mountain Community Facilities District East Morningside Irrigation Water Delivery Dist Electrical District #5 Electrical District #7 Electrical District #8 Estrella Mtn. Ranch Community Facilities District Festival Ranch Community Facilities District Fountain Hills Fountain Hills Road District Fountain Hills Sanitary District Gila Bend USD Gilbert Goodyear Goodyear Community Facilities General District Goodyear Community Facilities Utility District Groves of Hermosa Vista IWDD Harquahala Valley Irrigation District Harquahala Valley Power District Higley USD Hospital District #1 of Maricopa County Isaac USD King Ranch Community Facilities District Laveen Fire Dstrict Liberty ESD Litchfield ESD Los Olivos Irrigation District #1 Maricopa County Muni. Water Conservation District Maricopa County Stadium District Maricopa County Street Lighting Improve. District McDowell Homes IWDD #7 McDowell Mtn Ranch Community Facilities District McMicken Irrigation District TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Miller Road Improvement District Mobile ESD Myrtle Park Irrigation Water Delivery District Ocotillo Water Conservation District Palm Valley Community Facilities District Palo Verde ESD Paloma ESD 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 Peoria Municipal Development Authority Phoenix UHSD Queen Creek USD Rancho Grande Landerwood IWDD Rancho Solano Improvement District Rio Verde Fire District Riverside ESD Roosevelt Irrigation District Roosevelt Water Conservation District San Tan Irrigation District Scottsdale Mountain Community Facilities District Sentinel ESD Sundance Community Facilities District Surprise Tartesso Tatum Ranch Community Facilities District Tempe Improvement Districts Tempe UHSD Thoroughbred Farms IWDD #43 Tolleson UHSD Tonopah Irrigation District Tres Palmas Irrigation Water Delivery District TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Verrado Community Facilities District Via Linda Road Community Facilities District Village @ Litchfield Park Comm. Facilities Dist Vistancia Community Facilities District Watson Road Community Facilities District Western Meadows Irrigation District Westpark Community Facilities District Whitcombs Roundup Ranchos IWDD #42 Wickenburg Rural Fire District Wildflower Ranch Community Facilities District Wilson ESD Woolsey Flood Protection District Mohave Bullhead City ESD Bullhead City Pest Abatement District Bullhead City Sewer Improvement District Butler Road Improvement District Cerbat Ranch Crystal Beach Water Conservation District Desert Hills Fire District Golden Shores Water Conservation District Golden Valley Improvement District Grapevine Mesa Fire District Holiday Lighting District Horizon Six Hospital District #1 of Mohave County Kingman Lake Havasu City Improvement District Lake Havasu Irrigation & Drainage District Lake Havasu Sanitary District Moccasin Domestic Water District Mohave County Mohave County Flood Control District Mohave County Improvement District #126 Mohave County Library District Mohave County Television Improvement District Mohave Valley Fire District Mohave Valley Irrigation & Drainage District Mohave Water Conservation District TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Owens ESD Peach Springs USD Rainbow Acres Street Improvement District Rancho Verde Scenic Improvement District Topock/Golden Shores Sanitary District Truxton Fire District Valle Vista Fire District Yucca ESD Yucca Fire District Navajo Beaver Dam Circle Blue Lake Circle Buck Springs Road Improvement District Chaparral Drive Improvement District Drifting Snow Loop Forest Trails II Forest Trails III Heber Domestic WID Heber-Overgaard Fire District Heber-Overgaard Sanitary District Hiawatha Trail Improvement District High Country Pines Holbrook USD Homestead Road Joseph City Sanitary District Joseph City Water District Little Colorado Flood Control District Madison Lane Circle Misty Mountain Mogollon Air Park Moon Creek Circle Mountain Homes Unit II Mule Deer Way Navajo County Flood Control District Navajo County Library District Navapache Hospital District Palomino Drive Pine Meadows Country Club Improvement District TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Pinedale Domestic WID Porter Creek Domestic Water Porter Mountain Domestic WID Shoreline Drive CRID Show Low Improvement District #5 Show Low Improvement District #6 Silver Creek County Road Silver Creek Flood Control District Sky High Domestic Water Soaring Eagle CRID Sutter Drive Improvement District Sweeping Vista Timberlake Pines CRID Timberland Acres Special Road District White Mountain Lake Fire District White Mountain Lake Special Road District White Mountain Summer Home Wild Cat Way Wild Horse Road No. 1 Woodruff Fire District Woodruff Irrigation District Other Salt River Project Pima Ajo USD Ajo-Lukeville Health Services District Altar Valley ESD Cimarron Hills Improvement District Cortaro Marana Irrigation District Dove Mountain Resort Community Facilities District Empire ESD Flowing Wells Irrigation District Gladden Farms Community Facilities District Heritage Hills Fire District Hidden Valley Fire District La Canada Fire District Marana Marana USD Marana WID TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District No. 1st Avenue Sewer District No. La Cholla Sewer District North Ranch/Linda Vista Fire District Oro Valley Pima Accommodation District Pima County Flood Control District Pima County Library District Pima County Mobile Home Relocation District Pima Special Programs #99 Quail Creek Community Facilities 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 Tanque Verde ESD Three Canyons Domestic WID Tucson Estates Fire District Why Fire District Pinal 387 Domestic Water Improvement District 387 Wastewater Improvement District 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 Central Arizona Irrigation & Drainage District Cottonwood Gardens Lighting District Desert Vista Lighting District Desert Vista Sanitary District Dudleyville Fire District Electrical District #2 Electrical District #3 Electrical District #4 Electrical District #5 TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Florence Flood Control District Grand Buttes Fire District Hohokam Irrigation & Drainage District Ironwood Manor Lighting District Magma Flood Control District Mammoth Mammoth-San Manuel USD Maricopa Maricopa Road Improvement District Maricopa Rural Road Improvement District Maricopa-Stanfield Irrigation Merrill Ranch Community Facilities District #1 Merrill Ranch Community Facilities District #2 Mission Royale Community Facilities District New Magma Irrigation & Drainage District New Saddleback Vista Domestic WID Papago Butte Domestic WID Papago Butte Irrigation Water Delivery District Pinal County Flood Control District Pinal County Library District Queen Creek Domestic WID Red Rock ESD Sacaton ESD San Manuel Fire District Skyline Domestic WID Superstition Lighting District Superstition Mtn Community Facilities District Thunderbird Farms Improvement District Thunderbird Irrigation District #3 Toltec ESD Villa Grande Improvement District Santa Cruz Nogales Unified School District Patagonia ESD Patagonia UHSD Santa Cruz ESD Sonoita ESD State AHCCCS TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Arizona Criminal Justice Commission Arizona Historical Society Arizona House of Representatives Arizona Lottery Arizona Medical Board Arizona Power Authority Arizona Research Park Authority Arizona State Parks Arizona State Senate Automobile Theft Authority Board for Charter Schools Board of Accountancy Board of Appraisal Board of Barbers Board of Behavioral Health Examiners Board of Dispensing Opticians Board of Equalization Board of Executive Clemency Board of Funeral Directors Board of Naturopathic Physicians Examiners Board of Nursing Care Institution Administrators Board of Optometry Board of Pharmacy Board of Physical Therapy Board of Podiatry Examiners Board of Psychologist Examiners Board of Respiratory Care Examiners Board of Tax Appeals Boxing Commission Citizen's Clean Elections Commission Commission for Postsecondary Education Commission for the Deaf and Hard of Hearing Commission on Indian Affairs Commission on Judicial Conduct Commission on the Arts Commission on Uniform State Laws Cooperative Extension Service Corporation Commission Cosmetology Board TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Court of Appeals Div II Department of Agriculture Department of Building and Fire Safety Department of Commerce Department of Education Department of Emergency & Military Affairs Department of Environmental Quality Department of Gaming Department of Health Services Department of Housing Department of Insurance Department of Juvenile Corrections Department of Liquor Licenses and Control Department of Mines & Mineral Resources Department of Racing Department of Real Estate Department of Veteran's Services Department of Weights and Measures Geological Survey Government Information Technology Agency Governor's Office of Equal Opportunity Greater Arizona Development Authority Homeopathic Board Joint Legislative Budget Committee Law Enforcement Merit System Council Navigable Stream Adjudication Commission Office of Administrative Hearing Office of the Attorney General Office of the Governor Office of Tourism Ombusdsman Citizens' Aide Pioneer's Home Private Postsecondary Education Board Public Safety Personnel Retirement System Radiation Regulatory Agency Registrar of Contractors Residential Utility Consumer Office Secretary of State State Banking Department TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District State Dental Board State Library, Archives and Public Records State Retirement System Structural Pest Control Commission Treasurer's Office Veterinary Medical Examining Board Yavapai Ash Fork Street Lighting District Bagdad USD Big Park #1979 Camp Verde Camp Verde USD Central Yavapai Hospital District Champie ESD Chino Valley Irrigation District Congress Domestic WID Coyote Springs Road Improvement District Crown King ESD Diamond Valley Road Improvement District Eastridge Community Facilities District Granite Gardens Sanitary District Hassayampa Community Facilities District Hassayampa Community Facilities District #2 Highland Pines Hillside ESD Iron Springs Sanitary District Kirkland ESD Mayer Domestic WID Pine Valley Road Improvement District Prescott East Sanitary District Prescott Valley Water District Pronghorn Ranch Community Facilities District Quailwood Meadows Community Facilities District Raven Ridge Community Facilities District Sedona Seligman Fire District Seligman Sanitary District Seligman Street Lighting District Seligman USD TABLE 44 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Name of District Stoneridge Community Facilities District Sunup Ranch Road Improvement District Walnut Grove ESD Water Improvement District P164 Williamson Valley ESD Yarnell ESD Yuma Antelope UHSD Crane ESD Del Sur Estate Improvement District Donovan Estates Improvement District El Prado Estates Improvement District Gadsden Townsite Improvement District Gila Valley Anti-Noxious Weed District Hillander "C" Irrigation District Hyder ESD Hyder Valley Irrigation Water Delivery District Improvement District #67 North Gila Valley Irrigation District Unit B Irrigation & Drainage District Wellton-Mohawk Anti-Noxious Weed District Wellton-Mohawk Irrigation & Drainage District Yuma Yuma County Airport Authority Yuma County Citrus Pest Control District Yuma County Hospital District #1 Yuma County Improvement District Yuma County Jail District Yuma County Library District Yuma County Pest Abatement District Yuma Irrigation District Yuma-Mesa Irrigation & Drainage District Return to Table of Contents SECTION FOUR NON REPORTING POLITICAL SUBDIVISIONS TABLE 45 JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS Jurisdiction Name Previously Reported Bonds Total Previous Outstanding Agency Arizona Biochemical Research Commission No $0 Board of Acupuncture No $0 Board of Regents No $0 Department of Economic Security No $0 Department of Public Safety No $0 Game & Fish Department No $0 Industrial Commission No $0 Osteopathic Board No $0 Peace Officer Standards & Training No $0 State Mine Inspector No $0 Arizona State University Research Park No $0 Arizona Strip Landfill Corporation Yes $322,000 Northern Arizona Capital Facilities Finance Corp. Yes $15,355,000 University Medical Center Corporation Yes $96,590,000 No $0 Yes $40,390,000 No $0 Flowing Wells USD Yes $11,810,000 Indian Oasis USD No $0 Yes $68,670,000 Redington ESD No $0 Sahuarita USD Yes $18,620,000 No $0 Yes $15,685,000 American Ranch Domestic WID No $0 American Ranch Sanitary District No $0 Beaver Dam / Littlefield Fire District No $0 Big Park Domestic WID No $0 Black Canyon City WID No $0 Bowie Fire District No $0 Other School District Ajo USD Catalina Foothills USD Empire ESD Marana USD San Fernando ESD Vail USD Special District TABLE 45 JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS Jurisdiction Name Previously Reported Bonds Buckskin Sanitary District Total Previous Outstanding Yes $2,271,002 Chloride Volunteer Fire District No $0 Corona de Tucson Fire District No $0 Creekside Sanitary District No $0 Cuatro Palmas Irrigation & Water Drainage District No $0 Diamond Star Fire District No $0 East Verde Park Fire District No $0 Flagstaff Ranch Fire District No $0 Fort Thomas Rural Fire District No $0 Fort Valley Fire District No $0 Yes $9,305,000 Groves at Superstition Ranch #40 No $0 Havasu Heights Domestic Water Distrct No $0 High Valley Ranch Domestic WID No $0 Hoffman Terrace Irrigation Water Delivery District No $0 I.C.R. Sanitary District No $0 Junipine Fire District No $0 Lamar Irrigation Water Delivery District No $0 Madison Park Irrigation Water Delivery District No $0 Yes $355,450 Maricopa Flood Control District No $0 Mayer Fire District No $0 Midway Flood Control District No $0 Oatman Fire District No $0 Parks / Bellmont Fire District No $0 PBW Fire District No $0 Pine Del Fire District No $0 Quail Ridge Domestic WID No $0 Queen Creek Irrigation & Drainage District No $0 Rancho Jardines Irrigation Water Delivery District No $0 Rose Lane Irrigation Water Delivery District No $0 San Pedro Valley Hospital District No $0 Yes $246,223 No $0 Green Valley Domestic WID Maricopa Domestic WID Seven Ranches Domestic WID Sierra Vista Fry Fire District TABLE 45 JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS Jurisdiction Name Previously Reported Bonds Total Previous Outstanding Southland Unit I & II Irrigation Water & Drainage No $0 Stanfield Fire District No $0 Stanfield Flood Control District No $0 Sun City West Fire District No $0 Sun Valley Fire District No $0 Sunburst Farms Irrigation District No $0 Thunderbird #1 Water Delivery District No $0 Tonto Village Fire District No $0 Tubac Fire District No $0 Turney Tract Irrigation District No $0 Westwood Estates Fire District No $0 Wittmann Volunteer Fire District No $0 Woodlea Irrigation Water Delivery District No $0 Woods Fire District No $0 Yarnell Fire District No $0 Return to Table of Contents TABLE 46 JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS Jurisdiction Name Previously Reported Lease Purchase Contracts Agency Arizona Biomedical Research Commission No Board of Acupuncture No Board of Regents No Department of Public Safety No Game & Fish Department No Osteopathic Board No Peace Officer Standards & Training No State Mine Inspector No Arizona Strip Landfill Corporation No University Medical Center Corporation No Valley Metro Regional Public Transporation Author. No American Ranch Domestic Water Improvement District No American Ranch Sanitary District No Beaver Dam/Littlefield Fire District No Big Park Domestic Water Improvement District No Black Canyon City Water Improvement District No Bowie Fire District No Buckskin Sanitary District No Other Special District Camp Verde Sanitary District Yes Chloride Volunteer Fire District No Corona de Tucson Fire District No Creekside Sanitary District No Cuatro Palmas Irrigation & Water Drainage District No Diamond Star Fire District Yes East Verde Park Fire District No Flagstaff Ranch Fire District No Fort Thomas Rural Fire District No Fort Valley Fire District No Franklin Irrigation District No Ganado Fire District No Green Valley Domestic Water Improvement District No Groves at Superstition Ranch #40 No Havasu Heights Domestic Water Improvement District Yes High Valley Ranch Domestic Wastewater Improvement No TABLE 46 JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS Jurisdiction Name Previously Reported Lease Purchase Contracts Hoffman Terrace Irrigation Water Delivery District No I.C.R. Sanitary District No Junipine Fire District No Lamar Irrigation Water Delivery District No Madison Park Irrigation Water Delivery District No Maricopa Domestic Water Improvement District No Maricopa Flood Control District No Mayer Fire District Yes Midway Flood Control District No Oatman Fire District No Parks / Bellmont Fire District Yes PBW Fire District Yes Pine Del Fire District No Quail Ridge Domestic Water Improvement District No Queen Creek Irrigation & Drainage District No Ranchos Jardines Irrigation Water & Delivery Dist No Rio Rico Fire District Yes Rose Lane Irrigation Water Delivery District No San Pedro Valley Hospital District No Santa Cruz County Flood Control District Seven Ranches Domestic Water Improvement District Sierra Vista Fry Fire District Yes No Yes Southland Unit I & II Irrigation Water & Drainage No Stanfield Fire District No Stanfield Flood Control District No Sun City West Fire District Yes Sun Valley Fire District Yes Sunburst Farms Irrigation District No Thunderbird Irrigation District #1 No Tonto Village Fire District No Tubac Fire District Yes Turney Tract Irrigation District No Westwood Estates Fire District No Wittman Fire District Yes Woodlea Irrigation Water Delivery District No Woods Fire District No Yarnell Fire District Yes Return to Table of Contents