EXECUTIVE SUMMARY
Outstanding bonded indebtedness as of June 30, 2008 in Arizona, as reported by cities and towns,
counties, community colleges, school districts, state agencies, universities, special districts and
other political subdivisions was $36.898 billion. This figure represents principal only; no interest is
included in the $36.898 billion total. In FY 2006/07, the total bonded indebtedness reported for the
political subdivisions referenced above was $33.016 billion.
Throughout FY 2007/08, $6.273 billion in new debt was reported by Arizona political subdivisions.
Of the $6.273 billion in new debt, $382.0 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.
PERCENT OF NEW DEBT (INCLUDING NEW REFUNDING BONDS) BY COUNTY

APA
0.2%

COCO
0.6%

MOH
0.1%

NAV
0.2%

STATE
AGENCIES/
OTHER
41.5%

YAV
3.3%
LP
0.0%

GILA
0.3%
MAR
39.2%

GRE
0.0%
PNL
2.4%

GRA
0.0%

YUMA
5.0%
PIMA
6.2%

COCH
0.5%

SC
0.1%

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 $42.901 billion. The total amount outstanding was $6.758 billion.

BONDED INDEBTEDNESS REPORTED BY POLITICAL SUBDIVISIONS FOR FY2008 AND
FY2007

$16,000.0

FY 2008
FY 2007

$14,000.0

$12,000.0

$10,000.0

millions

$8,000.0

$6,000.0

$4,000.0

$2,000.0

$0.0
Cities/Towns

Community
Colleges

Counties

Other

School Districts Special Districts State Agencies

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 2007/08, 398
political subdivisions reported bonded indebtedness out of the 921 that submitted reports. In
FY 2006/07, 400 political subdivisions reported bonded indebtedness out of the 940 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 $946.6 million for all reporting
subdivisions in FY 2007/08. There were 371 political subdivisions and agencies reporting these
types of contracts. There were 565 political subdivisions and agencies that reported no lease
purchase or third party contracts in FY 2007/08. (In FY 2006/07, $693.1 million in outstanding
lease purchase and third party contracts was reported by 362 political subdivisions and agencies.
There were 561 reporting no lease purchase or third party contracts in FY 2006/07.) 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 2008 AND 2007
$220.0
$200.0
$180.0
$160.0
$140.0
Million

$120.0
$100.0
FY 2008
FY 2007

$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.
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
2007/08 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 2008 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2008*

PRINCIPAL REFUNDED
THROUGH FY 2008*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2008

Apache County
City

$10,637,045

$1,783,192

$1,365,000

$7,488,853

$4,450,000

$3,420,000

$0

$1,030,000

School District

$36,360,000

$13,105,000

$0

$23,255,000

Special District

$9,710,000

$2,091,000

$0

$7,619,000

$1,365,000

$39,392,853

$70,903,607

County

Total Bonded Indebtedness for all Jurisdictions in Apache
$20,399,192
Cochise County
City

$85,928,941

$15,025,334

$0

Community College

$3,000,000

$3,000,000

$0

$0

County

$9,500,000

$2,470,000

$0

$7,030,000

School District

$51,400,000

$32,510,000

$0

$18,890,000

Special District

$3,770,000

$2,735,000

$0

$1,035,000

$55,740,334

$0

$97,858,607

$152,993,742

Total Bonded Indebtedness for all Jurisdictions in Cochise

Coconino County
City

$208,978,641

$49,849,899

$6,135,000

Community College

$25,000,000

$6,680,000

$0

$18,320,000

County
School District

$30,650,000
$70,545,000

$14,470,000
$34,445,000

$0
$0

$16,180,000
$36,100,000

Special District

$60,480,949

$25,907,041

$0

$34,573,908

$6,135,000

$258,167,650

$5,890,000

Total Bonded Indebtedness for all Jurisdictions in Coconino
$131,351,940
Gila County
City

$10,227,000

$4,337,000

$0

$0

$0

$0

$0

$3,245,000

$1,620,000

$0

$1,625,000

School District

$31,685,400

$5,560,000

$0

$26,125,400

Special District

$383,300

$184,186

$199,114

$0

$11,701,186

$199,114

$33,640,400

Community College
County

Total Bonded Indebtedness for all Jurisdictions in Gila

Graham County
City

$47,300,000

$12,755,622

$630,000

$33,914,378

Community College

$0

$0

$0

$0

County

$0

$0

$0

$0

School District

$22,120,000

$12,875,000

$0

$9,245,000

Special District

$0

$0

$0

$0

$630,000

$43,159,378

Total Bonded Indebtedness for all Jurisdictions in Graham
$25,630,622

*These figures represent total principal retired and refunded since the date of issuance.

FISCAL YEAR 2008 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2008*

PRINCIPAL REFUNDED
THROUGH FY 2008*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2008

Greenlee County
City

$1,095,000

$330,901

$0

$0

$0

$0

$0

School District

$8,775,000

$4,225,000

$0

$4,550,000

Special District

$0

$0

$0

$0

$0

$5,314,099

$12,538,655

County

$764,099

Total Bonded Indebtedness for all Jurisdictions in Greenlee
$4,555,901
La Paz County
City

$16,566,402

$4,027,747

$0

$0

$0

$0

$0

County

$2,870,000

$2,535,000

$0

$335,000

School District

$4,935,000

$1,755,000

$0

$3,180,000

Special District

$4,397,710

$2,483,395

$0

$1,914,315

$10,801,142

$0

$17,967,970

$11,965,934,533

Community College

Total Bonded Indebtedness for all Jurisdictions in La Paz

Maricopa County
City

$16,512,860,321

$2,064,147,885

$2,482,777,903

$743,015,000

$217,325,000

$0

$525,690,000

County
School District

$289,650,000
$5,803,964,000

$89,060,000
$1,189,539,000

$32,840,000
$1,127,272,000

$167,750,000
$3,487,153,000

Special District

$747,832,874

$120,962,125

$0

$626,870,749

$3,642,889,903

$16,773,398,282

Community College

Total Bonded Indebtedness for all Jurisdictions in Maricopa
$3,681,034,010
Mohave County
City

$348,618,229

$75,955,101

$2,680,000

$269,983,128

Community College

$13,795,000

$2,040,000

$0

$11,755,000

County

$24,190,000

$3,965,000

$0

$15,355,000

School District

$108,937,000

$31,711,614

$5,975,000

$62,980,386

Special District

$133,564,588

$30,302,867

$0

$103,261,721

$8,655,000

$463,335,235

Total Bonded Indebtedness for all Jurisdictions in Mohave
$143,974,582
Navajo County
City

$52,003,000

$21,416,140

$345,000

$30,241,860

Community College

$11,425,000

$9,585,000

$0

$1,840,000

$7,320,000

$1,980,000

$0

$5,340,000

School District

$115,613,000

$31,438,000

$9,715,000

$74,460,000

Special District

$26,427,248

$12,078,251

$0

$14,348,997

$10,060,000

$126,230,857

County

Total Bonded Indebtedness for all Jurisdictions in Navajo
$76,497,391

*These figures represent total principal retired and refunded since the date of issuance.

FISCAL YEAR 2008 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2008*

PRINCIPAL REFUNDED
THROUGH FY 2008*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2008

Pima County
City

$1,860,964,888

$271,050,434

$452,651,650

$141,480,000

$96,275,000

$5,100,000

$40,105,000

County

$1,116,966,967

$353,560,300

$5,785,000

$757,621,667

School District

$1,075,055,000

$374,664,929

$184,690,028

$515,700,043

Special District

$386,773,876

$84,717,232

$0

$302,666,644

$648,226,678

$2,753,356,158

$37,642,076

Community College

$1,137,262,804

Total Bonded Indebtedness for all Jurisdictions in Pima
$1,180,267,895
Pinal County
City

$63,147,986

$25,505,911

$0

Community College

$10,500,000

$2,935,000

$0

$7,565,000

County

$181,770,000

$23,460,000

$0

$158,310,000

School District
Special District

$292,671,465
$258,767,299

$49,180,168
$36,189,734

$34,245,000
$1,622,374

$209,246,297
$220,955,191

$137,270,813

$35,867,374

$633,718,564

Total Bonded Indebtedness for all Jurisdictions in Pinal

Santa Cruz County
City

$58,676,000

$6,273,069

$4,015,000

$48,387,931

County
School District

$0
$35,740,000

$0
$22,035,000

$0
$0

$0
$13,705,000

Special District

$3,835,000

$0

$0

$3,835,000

$4,015,000

$65,927,931

Total Bonded Indebtedness for all Jurisdictions in Santa Cruz
$28,308,069
Statewide District
Other
State Agency or University

$7,340,547,336

$1,771,891,836

$1,622,632,500

$3,946,023,000

$14,981,663,800

$3,218,629,440

$1,372,975,000

$10,390,059,360

$2,995,607,500

$14,336,082,360

$36,238,000
$0

$290,720,812
$54,310,000

Total Bonded Indebtedness for all Jurisdictions in Statewide District
$4,990,521,276
Yavapai County
City
Community College
County

$380,947,162
$78,130,000

$53,988,350
$23,820,000

$25,375,000

$0

$0

$25,375,000

School District

$166,335,000

$36,250,000

$8,815,000

$121,270,000

Special District

$110,371,941

$23,291,592

$656,048

$86,589,301

$45,709,048

$578,265,113

Total Bonded Indebtedness for all Jurisdictions in Yavapai
$137,349,942

*These figures represent total principal retired and refunded since the date of issuance.

FISCAL YEAR 2008 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2008*

PRINCIPAL REFUNDED
THROUGH FY 2008*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2008

Yuma County
City

$468,614,929

$40,645,894

$0

$427,969,035

Community College

$84,695,000

$11,075,000

$0

$73,620,000

County

$28,805,000

$27,460,000

$0

$1,345,000

School District

$130,775,000

$24,610,000

$12,010,000

$94,155,000

Special District

$95,794,620

$19,793,331

$0

$76,001,289

$123,584,225

$12,010,000

$673,090,324

$10,758,988,520

$7,411,369,617

$36,898,905,781

Total Bonded Indebtedness for all Jurisdictions in Yuma

GRAND TOTAL

$55,081,628,917

*These figures represent total principal retired and refunded since the date of issuance.

TABLE OF CONTENTS

INTRODUCTION
INTRODUCTION ----------------------------------------------------------------------------------------------- Page 1

SECTION ONE – BONDED INDEBTEDNESS
COUNTIES ..........................................................................................................................Page 5
Table 1 County Indebtedness....................................................................................Page 7
CITIES/TOWNS...................................................................................................................Page 9
Table 2 City/Town Indebtedness .............................................................................Page 13
COMMUNITY COLLEGES................................................................................................Page 25
Table 3 Community College Indebtedness..............................................................Page 27
SCHOOL DISTRICT..........................................................................................................Page 29
Table 4 Apache County School District Indebtedness ............................................Page 33
Table 5 Cochise County School District Indebtedness............................................Page 35
Table 6 Coconino County School District Indebtedness .........................................Page 38
Table 7 Gila County School District Indebtedness ..................................................Page 40
Table 8 Graham County School District Indebtedness............................................Page 41
Table 9 Greenlee County School District Indebtedness..........................................Page 42
Table 10 La Paz County School District Indebtedness ...........................................Page 43
Table 11 Maricopa County School District Indebtedness........................................Page 44
Table 12 Mohave County School District Indebtedness..........................................Page 52
Table 13 Navajo County School District Indebtedness ...........................................Page 54
Table 14 Pima County School District Indebtedness ..............................................Page 56
Table 15 Pinal County School District Indebtedness...............................................Page 58
Table 16 Santa Cruz County School District Indebtedness.....................................Page 60
Table 17 Yavapai County School District Indebtedness..........................................Page 61
Table 18 Yuma County School District Indebtedness .............................................Page 64
Table 19 Class B General Obligation Indebtedness by School District...................Page 66
Table 20 Outstanding Bonded Indebtedness by School District .............................Page 68
SPECIAL DISTRICTS .......................................................................................................Page 71
Table 21 Apache County Special District Indebtedness..........................................Page 73
Table 22 Cochise County Special District Indebtedness.........................................Page 75
Table 23 Coconino County Special District Indebtedness.......................................Page 77
Table 24 Gila County Special District Indebtedness ...............................................Page 80
Table 25 Graham County Special District Indebtedness.........................................Page 82
Table 26 Greenlee County Special District Indebtedness .......................................Page 83
Table 27 La Paz County Special District Indebtedness...........................................Page 84
Table 28 Maricopa County Special District Indebtedness .......................................Page 85
Table 29 Mohave County Special District Indebtedness .........................................Page 94
Table 30 Navajo County Special District Indebtedness...........................................Page 97
Table 31 Pima County Special District Indebtedness............................................Page 102
Table 32 Pinal County Special District Indebtedness............................................Page 105
Table 33 Santa Cruz County Special District Indebtedness..................................Page 109
Table 34 Yavapai County Special District Indebtedness.......................................Page 110
Table 35 Yuma County Special District Indebtedness ..........................................Page 114
STATE AGENCIES AND UNIVERSITIES ......................................................................Page 117
Table 36 State Agency and University Indebtedness............................................Page 119

TABLE OF CONTENTS
OTHER JURISDICTIONS ...............................................................................................Page 127
Table 37 Other Jurisdictions’ Indebtedness ..........................................................Page 129

SECTION TWO – NEW ISSUES
FY 2007/08 NEW ISSUES..................................................................................................Page 133
Table 38 County Indebtedness..............................................................................Page 135
Table 39 City/Town Indebtedness .........................................................................Page 136
Table 40 Community College Indebtedness..........................................................Page 138
Table 41 School District Indebtedness ..................................................................Page 139
Table 42 Special District Indebtedness .................................................................Page 141
Table 43 State Agency, Universities and Other Indebtedness..............................Page 142

SECTION THREE – LEASE PURCHASES
LEASE PURCHASES/THIRD PARTY FINANCING CONTRACTS ..................................Page 145
Table 44 Lease Purchase/Third Party Financing Contracts ..................................Page 147
Table 45 Jurisdictions reporting No Lease Purchase/Third Party Financing.........Page 159

SECTION FOUR – NON REPORTING POLITICAL SUBDIVISIONS
Table 46 Jurisdictions Who Failed to Submit Bond Reports .................................Page 177
Table 47 Jurisdictions Who Failed to Submit Lease Purchase Reports................Page 179

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,
2007 through June 30, 2008 (hereafter referred
to as FY 2007/08), 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 statutory language above, by referring to
“all issues of bonds or other securities”
requires the collection of information on all
debt including general obligation bonds,
revenue bonds, certificates of participation,
special district bonds, municipal property
corporation bonds, impact aid revenue
bonds, and lease purchases.
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 FY2006/07.
This report is divided into four main sections: a
summary of outstanding debt by jurisdiction;
new debt issued during FY 2007/08; 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
$36.898 billion.
Section Two provides information on new debt
issued during FY 2007/08. 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 2007/08. While
the department has always attempted to
collect information about Certificates of
Participation, because they are clearly

1

specified in A.R.S. §35-501, reporting of
Lease Purchases by the political subdivisions
has not been entirely comprehensive. 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 2007/08.
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 2007 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.
Impact Aid Revenue bonds are paid from
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.
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.

2

SECTION ONE

FY 2007/08 BONDED INDEBTEDNESS BY POLITICAL
SUBDIVISION

3

4

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 $1,157.3 million at the end of FY
2007/08. Detail of the outstanding debt
reported by the counties can be found in
Table 1. Four types of debt have been
reported:

9 $348.3 million in general obligation debt,
reported by one county;

9 $640.4 million in revenue bonds,
reported by five counties;

9 $74.2

million
in
certificates
of
participation, reported by eight counties;
and

9 $94.4 million in municipal property
corporation
counties.

debt,

reported

by

two

During FY 2007/08, $101.3 million of
outstanding principal was retired or refunded
by counties. Graham County, Greenlee
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
Maricopa
Pinal
Yavapai
Coconino
Mohave
Cochise
Navajo
Gila
Yuma
Apache
La Paz

OUTSTANDING DEBT
$757,621,667
$167,750,000
$158,310,000
$25,375,000
$16,180,000
$15,355,000
$7,030,000
$5,340,000
$1,625,000
$1,345,000
$1,030,000
$335,000

COUNTY
Graham
Greenlee
Santa Cruz

OUTSTANDING DEBT
$0
$0
$0

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2008.
However, the year-end balances should
reflect any July 1, 2008 payments if the
payment amount has been deposited into a
dedicated fund for the payment of principal.
GENERAL OBLIGATION DEBT
Pima County reported general obligation
debt, subject to the 15% county debt
limitation. Pima County was within their
constitutional debt limitation, as shown
below and on Table 1.
COUNTY

Pima

DEBT
LIMITATION

DEBT

% OF DEBT
LIMIT USED

$1,233,059,375

$348,335,000

28.2%

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
2007/08 was $640.4 million, after payments
totaling $40 million during the fiscal year.
CERTIFICATES OF PARTICIPATION
Apache, Cochise, Coconino, La Paz,
Maricopa, Mohave, Pima and Yuma
Counties
reported
certificates
of
participation. The outstanding balance in
certificates of participation at the end of FY
2007/08 was $74.2 million, after retiring and
refunding $15.4 million during the fiscal
year.
MUNICIPAL PROPERTY CORPORATION
DEBT
Gila and Pinal Counties have reported
municipal property corporation debt. The
outstanding balance at the end of FY
2007/08 was $94.4 million. A total of $4.7
million in principal was retired and refunded
during the fiscal year.

5

PER CAPITA DEBT
One method of determining the level of debt
in relation to the other counties is dividing
total outstanding debt by the population of
the county. High per capita debt is neither
good nor bad; it is simply a comparative tool
to describe how the county compares to
others. Using this measure, Pima County
has the most debt per capita, as can be
seen on the following table.

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

PER CAPITA DEBT
$755.18
$483.14
$119.94
$75.22
$51.24
$46.93
$42.93
$28.57
$15.56
$13.64
$13.31
$6.68
$0
$0
$0

The population measure used to calculate
per capita debt is the July 1, 2007
Department of Economic Security estimate.

6

TABLE 1
COUNTY FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

Apache
Certificate of Participation
Totals for Apache

1
1

$4,450,000
$4,450,000

$2,410,000
$2,410,000

$1,010,000
$1,010,000

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

Certificate of Participation
Totals for Cochise

1
1

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

$1,895,000
$1,895,000

$575,000
$575,000

$7,030,000
$7,030,000

Certificate of Participation
Totals for Coconino

2
2

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

$14,470,000
$14,470,000

$0
$0

$16,180,000
$16,180,000

Municipal Property Corp
Totals for Gila

1
1

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

$1,405,000
$1,405,000

$215,000
$215,000

$1,625,000
$1,625,000

Totals for Graham

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Greenlee

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Certificate of Participation
Totals for La Paz

1
1

$2,870,000
$2,870,000

$2,040,000
$2,040,000

$495,000
$495,000

$335,000
$335,000

Certificate of Participation
Revenue
Totals for Maricopa

1
4
5

$6,975,000
$282,675,000
$289,650,000

$2,680,000
$109,005,000
$111,685,000

$445,000
$9,770,000
$10,215,000

$3,850,000
$163,900,000
$167,750,000

Certificate of Participation
Totals for Mohave

2
2

$24,190,000
$24,190,000

$7,780,000
$7,780,000

$1,055,000
$1,055,000

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

Revenue
Totals for Navajo

1
1

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

$1,685,000
$1,685,000

$295,000
$295,000

$5,340,000
$5,340,000

Cochise

Coconino

Gila

Graham

Greenlee

La Paz

Maricopa

Mohave

Navajo

7

TABLE 1
COUNTY FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$1,233,059,375

$348,335,000

Pima
Certificate of Participation
General Obligation
Revenue
Totals for Pima

2
10
16
28

$30,320,000
$555,255,000
$531,391,967
$1,116,966,967

$0
$165,665,000
$123,416,254
$289,081,254

$1,245,000
$41,255,000
$27,764,046
$70,264,046

$29,075,000
$348,335,000
$380,211,667
$757,621,667

Municipal Property Corp
Revenue
Totals for Pinal

3
2
5

$114,055,000
$67,715,000
$181,770,000

$16,855,000
$0
$16,855,000

$4,445,000
$2,160,000
$6,605,000

$92,755,000
$65,555,000
$158,310,000

Totals for Santa Cruz

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Yavapai

1
1

$25,375,000
$25,375,000

$0
$0

$0
$0

$25,375,000
$25,375,000

Certificate of Participation
Totals for Yuma

4
4

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

$16,920,000
$16,920,000

$10,540,000
$10,540,000

$1,345,000
$1,345,000

Certificate of Participation
General Obligation
Municipal Property Corp
Revenue

14
10
4
24

$137,760,000
$555,255,000
$117,300,000
$914,476,967

$48,195,000
$165,665,000
$18,260,000
$234,106,254

$15,365,000
$41,255,000
$4,660,000
$39,989,046

$74,200,000
$348,335,000
$94,380,000
$640,381,667

Grand Totals:

52

$1,724,791,967

$466,226,254

$101,269,046

$1,157,296,667

Pinal

Santa Cruz

Yavapai

Yuma

8

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, 2008, these
types of outstanding debt totaled $14.5
billion for cities and towns, a 9.0% increase
from the $13.3 billion reported for FY 2007.
Of the 90 incorporated cities and towns in
Arizona, 76 had at least one of these types
of debt outstanding at the end of the FY
2008; 14 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, 2008:

9 $3.8 billion in general obligation debt,
reported by 31 cities and towns;

9 $4.3 billion in revenue bonds, reported
by 65 cities and towns;

9 $6.0 billion in debt issued through
municipal
property
corporations,
reported by 36 cities and towns.

9 $232.3

million in certificates of
participation, reported by 9 cities and
towns; and

9 $103.2 million in special assessment
debt1, reported by 18 cities and towns;
During FY 2008, 30 municipalities issued 63
new issues totaling $2.2 billion. Of all the
cities and towns with outstanding debt,
Phoenix has the most with $6.3 billion while
Clifton has the least with $40,000. Ten
municipalities with outstanding debt in
excess of $300 million account for 86.7% of
all outstanding debt.

1Actually,

this is city improvement district
debt, authorized in Title 48. For purposes of
this report, special assessment and
improvement district debt is combined.

CITY/TOWN
OUTSTANDING DEBT
Phoenix
$6,310,662,171
Mesa
$1,154,446,000
Scottsdale
$1,114,224,960
Tucson
$1,009,012,144
Glendale
$926,447,502
Tempe
$651,395,000
Gilbert
$383,845,000
Chandler
$351,435,000
Yuma
$345,333,175
Peoria
$322,001,307
Goodyear
$215,389,368
Lake Havasu City
$200,511,046
Queen Creek
$180,787,011
Flagstaff
$107,240,463
Prescott Valley
$95,960,008
Surprise
$94,973,270
Avondale
$88,074,536
Oro Valley
$72,820,000
Sedona
$72,058,127
San Luis
$67,155,000
Cottonwood
$58,110,000
Cave Creek
$50,673,974
Bullhead City
$50,090,000
Nogales
$48,170,000
Prescott
$42,135,781
Tolleson
$41,720,000
Sierra Vista
$40,300,000
Safford
$31,309,378
Williams
$29,839,203
Marana
$28,715,000
Buckeye
$28,355,000
El Mirage
$21,006,438
Chino Valley
$19,685,000
Kingman
$19,191,877
Sahuarita
$18,810,660
Fountain Hills
$18,595,000
Bisbee
$16,092,731
Somerton
$15,480,860
Page
$14,537,204
Show Low
$12,918,781
Casa Grande
$11,255,000
Quartzsite
$10,009,348
South Tucson
$7,905,000
Florence
$7,383,819
Eagar
$7,341,000

9

CITY/TOWN
Apache Junction
Willcox
Douglas
Eloy
Paradise Valley
Payson
Winslow
Snowflake
Holbrook
Coolidge
Guadalupe
Wickenburg
Parker
Thatcher
Camp Verde
Taylor
Fredonia
Superior
Pinetop-Lakeside
Benson
Kearny
Duncan
Clarkdale
Tombstone
Jerome
Patagonia
Colorado City
Huachuca City
St. Johns
Pima
Clifton
Carefree
Dewey-Humboldt
Gila Bend
Globe
Hayden
Litchfield Park
Mammoth
Maricopa
Miami
Springerville
Star Valley
Wellton
Winkelman
Youngtown

OUTSTANDING DEBT
$6,960,000
$6,450,876
$6,375,000
$6,228,413
$5,990,000
$5,890,000
$5,405,000
$4,954,360
$4,123,396
$3,488,405
$3,285,000
$2,627,996
$2,529,307
$2,500,000
$1,925,000
$1,835,323
$1,376,872
$1,358,439
$1,005,000
$1,000,000
$968,000
$724,099
$585,000
$534,000
$261,896
$217,931
$190,205
$151,000
$147,853
$105,000
$40,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

any July 1, 2008 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,
2008 was $3.8 billion, or 26.4% of all
outstanding debt. General obligation debt
was reported by 31 of the 90 incorporated
cities and towns. 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, parks, playgrounds and
recreational facilities, public safety,
law
enforcement,
fire
and
emergency services facilities and
streets and transportation facilities.”
City and town debt is being measured
against debt limits. Of the cities reporting
general obligation debt for FY 2008, no city
or town exceeded its 6% or 20%
constitutional debt limit.

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2008.
However, the year-end balances will reflect

10

CITY / Town
Avondale
Casa Grande
Cave Creek
Chandler
Clifton
Cottonwood
Eagar

DEBT
LIMITATION

DEBT

% OF
DEBT
LIMIT
USED

$151,810,088

$13,450,000

8.9%

$71,906,925

$11,000,000

15.3%

$47,951,119

$3,885,000

8.1%

$777,189,369

$231,200,000

29.8%

$1,773,814

$40,000

2.3%

$31,447,850

$670,000

2.1%

$5,234,013

$8,000

0.2%

$48,111,170

$5,370,000

11.2%

Flagstaff

$195,139,975

$39,865,000

20.4%

Fountain Hills

$158,791,911

$7,570,000

4.8%

El Mirage

Gilbert

$616,257,646

$52,560,000

8.5%

Glendale

$475,024,988

$207,864,999

43.8%

Goodyear
Huachuca
City
Kearny

$198,701,656

$129,845,000

65.4%

$2,028,117

$10,000

0.5%

$1,618,350

$8,000

0.5%

$64,177,178

$420,000

0.7%

$241,725,860

$75,352,128

31.2%

$1,069,777,102

$224,915,000

21.0%

$54,902,553

$2,540,000

4.6%

Kingman
Lake Havasu
City
Mesa
Payson
Peoria
Phoenix
Prescott
Scottsdale

$426,968,744

$114,620,000

26.9%

$4,177,892,290

$1,404,955,962

33.6%

$167,041,185

$7,825,000

4.7%

$1,883,394,039

$574,445,000

30.5%

Surprise

$310,503,072

$413,270

0.1%

Tempe

$624,493,601

$407,595,000

65.3%

$47,487,856

$33,160,000

69.8%

$3,612,344

$6,000

0.2%

Tucson

$905,960,124

$269,105,610

29.7%

Willcox

$5,278,204

$1,398,000

26.5%

$150,061,448

$5,250,000

3.5%

Tolleson
Tombstone

Yuma

Cities and towns retired and refunded $278.9
million in outstanding general obligation principal
during the fiscal year. Cities with general
obligation debt in excess of $500 million, in order
of most to least debt, are: Phoenix, Scottsdale,
Mesa, Tucson, Chandler, Tempe, and Gilbert.
REVENUE BONDS
Total outstanding debt from revenue bonds as
of June 30, 2008 was $4.3 billion, or 29.7% of
total outstanding debt. There were 65 cities
and towns with outstanding revenue bonds.
Cities retired and refunded $279.5 million in
principal in the fiscal year.

The cities with revenue bond debt in excess
of $240 million, in order of most to least debt,
are: Mesa, Tucson, Scottsdale, Glendale,
Yuma, and Tempe.
MUNICIPAL PROPERTY CORPORATION
DEBT
Municipal property corporation debt was
reported in 36 cities and towns for FY 2008,
with an outstanding balance at the end of
the fiscal year of $6.0 billion.
This
represents 41.6% of total outstanding debt.
Cities retired and refunded $426.1 million in
the fiscal year. Outstanding debt amounts
ranged from $4.8 billion for Phoenix to
$169,719 for Bisbee.
CERTIFICATES OF PARTICIPATION
Nine cities and towns reported certificates of
participation with total outstanding principal
on June 30, 2008 of $232.3 million, or 1.6%
of total debt. A total of $14.4 million in
principal was retired and refunded in the
fiscal year. Tucson, with $171.3 million, and
Phoenix, with $31.8 million, account for
87.4% of outstanding certificates of
participation debt.
SPECIAL ASSESSMENT BONDS
Special assessment bonds are issued by a
city or town for improvements in a
subsection of the city or town. Eighteen
cities
and
towns
reported
special
assessment debt totaling $103.2 million.
Cities retired and refunded $8.0 million in
special assessment principal in FY 2008.
The cities with outstanding special
assessment debt in excess of $5 million, in
order of most to least debt, are: Queen
Creek, Kingman, Mesa, and Bullhead City.
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
Cave Creek
Williams
Queen Creek
Sedona

PER CAPITA DEBT
$10,078.36
$9,484.81
$8,320.08
$6,471.90

11

CITY/TOWN
PER CAPITA DEBT
Tolleson
$6,245.51
Cottonwood
$5,221.02
Scottsdale
$4,640.17
Phoenix
$4,101.65
Tempe
$3,880.33
Goodyear
$3,849.40
Glendale
$3,764.88
Yuma
$3,704.81
Lake Havasu City
$3,628.31
Safford
$3,309.66
Quartzsite
$2,726.60
San Luis
$2,617.31
Bisbee
$2,550.35
Mesa
$2,529.77
Prescott Valley
$2,501.76
Nogales
$2,215.12
Peoria
$2,124.80
Page
$1,989.49
Gilbert
$1,884.77
Tucson
$1,864.63
Oro Valley
$1,711.36
Flagstaff
$1,670.41
Willcox
$1,648.58
Eagar
$1,561.25
Chino Valley
$1,502.90
Chandler
$1,457.00
Somerton
$1,423.00
South Tucson
$1,362.23
Bullhead City
$1,221.71
Fredonia
$1,213.10
Avondale
$1,170.33
Show Low
$1,126.02
Prescott
$974.98
Snowflake
$948.93
Surprise
$905.41
Sierra Vista
$900.84
Sahuarita
$891.08
Marana
$889.73
Duncan
$885.21
Jerome
$796.04
Parker
$743.70
Holbrook
$736.45
Fountain Hills
$728.07
Buckeye
$700.69
Kingman
$670.22
El Mirage
$625.51

CITY/TOWN
Guadalupe
Winslow
Thatcher
Eloy
Taylor
Kearny
Paradise Valley
Wickenburg
Superior
Payson
Douglas
Florence
Tombstone
Coolidge
Casa Grande
Patagonia
Pinetop-Lakeside
Benson
Apache Junction
Camp Verde
Clarkdale
Huachuca City
Pima
Colorado City
Saint Johns
Clifton
Carefree
Dewey-Humboldt
Gila Bend
Globe
Hayden
Litchfield Park
Mammoth
Maricopa
Miami
Springerville
Star Valley
Wellton
Winkelman
Youngtown

PER CAPITA DEBT
$585.98
$533.30
$477.55
$446.39
$424.35
$424.19
$421.39
$411.91
$403.22
$351.81
$351.20
$336.96
$317.48
$297.62
$265.31
$235.35
$210.74
$200.32
$185.41
$167.12
$146.76
$82.42
$47.02
$46.93
$37.21
$16.02
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

The population measure used to calculate
per capita debt is from the Department of
Economic Security Population Estimates, as
of July 1, 2007.

12

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$8,520,000
$3,135,000
$11,655,000

$260,000
$1,555,000
$1,815,000

$1,185,000
$5,775,000
$6,960,000

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
2
3

$9,965,000
$10,465,000
$20,430,000

Avondale
5

$21,055,000

$4,690,000

$2,915,000

$13,450,000

12
17

$122,905,000
$143,960,000

$42,110,634
$46,800,634

$6,169,830
$9,084,830

$74,624,536
$88,074,536

Revenue
Totals for Benson

1
1

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

$0
$0

$0
$0

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

Municipal Property Corp
Revenue
Totals for Bisbee

1
2
3

$467,056
$17,043,685
$17,510,741

$260,472
$0
$260,472

$36,865
$1,120,673
$1,157,538

$169,719
$15,923,012
$16,092,731

General Obligation
Revenue
Totals for Buckeye

1
4
5

$2,217,808
$29,145,000
$31,362,808

$1,665,000
$665,000
$2,330,000

$552,808
$125,000
$677,808

$0
$28,355,000
$28,355,000

Municipal Property Corp
Special Assessment
Totals for Bullhead City

4
2
6

$68,695,000
$17,485,000
$86,180,000

$21,985,000
$11,430,000
$33,415,000

$1,930,000
$745,000
$2,675,000

$44,780,000
$5,310,000
$50,090,000

Revenue
Totals for Camp Verde

1
1

$2,040,000
$2,040,000

$115,000
$115,000

$0
$0

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

Totals for Carefree

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Revenue
Totals for Avondale

$35,033,097

$1,665,000

$116,776,991

$11,785,000

$22,153,812

$0

$73,846,041

$0

Benson

Bisbee

Buckeye

Bullhead City

Camp Verde

Carefree

13

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$0
$660,000
$660,000

$0
$115,000
$115,000

$11,000,000
$255,000
$11,255,000

$16,593,906

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$4,500,000

$55,313,019

$6,500,000

Casa Grande
General Obligation
Special Assessment
Totals for Casa Grande

1
1
2

$11,000,000
$1,030,000
$12,030,000

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

2

$2,700,000

$605,000

$180,000

$1,915,000

2
6
1
11

$11,860,000
$46,344,958
$810,000
$61,714,958

$7,165,000
$1,161,975
$685,000
$9,616,975

$810,000
$384,009
$50,000
$1,424,009

$3,885,000
$44,798,974
$75,000
$50,673,974

$11,065,643

$0

$36,885,476

$3,885,000

General Obligation
Revenue
Special Assessment
Totals for Chandler

32
25
2
59

$325,875,000
$224,915,000
$1,905,000
$552,695,000

$54,875,000
$94,260,000
$805,500
$149,940,500

$39,800,000
$11,395,000
$124,500
$51,319,500

$231,200,000
$119,260,000
$975,000
$351,435,000

$179,351,393

$7,670,000

$597,837,976

$223,530,000

Municipal Property Corp
Revenue
Totals for Chino Valley

2
4
6

$2,927,000
$19,113,000
$22,040,000

$0
$370,000
$370,000

$0
$1,985,000
$1,985,000

$2,927,000
$16,758,000
$19,685,000

Municipal Property Corp
Revenue
Totals for Clarkdale

1
1
2

$665,000
$400,000
$1,065,000

$340,000
$50,000
$390,000

$40,000
$50,000
$90,000

$285,000
$300,000
$585,000

General Obligation
Totals for Clifton

1
1

$295,000
$295,000

$240,000
$240,000

$15,000
$15,000

$40,000
$40,000

$409,342

$0

$1,364,472

$40,000

Revenue
Totals for Colorado City

1
1

$602,000
$602,000

$343,795
$343,795

$68,000
$68,000

$190,205
$190,205

Cave Creek

Chandler

Chino Valley

Clarkdale

Clifton

Colorado City

14

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$3,795,000
$600,000
$4,395,000

$540,000
$216,595
$756,595

$150,000
$0
$150,000

$3,105,000
$383,405
$3,488,405

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Coolidge
Certificates of Participation
Revenue
Totals for Coolidge

1
1
2

General Obligation
Revenue
Totals for Cottonwood

2

$2,700,000

$1,920,000

$110,000

$670,000

5
7

$60,875,000
$63,575,000

$2,045,000
$3,965,000

$1,390,000
$1,500,000

$57,440,000
$58,110,000

Totals for Dewey-Humboldt

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Revenue
Totals for Douglas

1
1
2

$4,165,000
$3,005,000
$7,170,000

$795,000
$0
$795,000

$0
$0
$0

$3,370,000
$3,005,000
$6,375,000

Revenue
Totals for Duncan

1
1

$800,000
$800,000

$32,332
$32,332

$43,569
$43,569

$724,099
$724,099

General Obligation
Revenue
Totals for Eagar

1
6
7

$50,000
$9,566,000
$9,616,000

$40,000
$703,000
$743,000

$2,000
$1,530,000
$1,532,000

General Obligation
Revenue
Totals for El Mirage

2
3
5

$6,000,000
$17,410,531
$23,410,531

$420,000
$1,026,433
$1,446,433

2
5
7

$4,320,000
$7,352,986
$11,672,986

$2,830,000
$1,777,774
$4,607,774

Cottonwood
$7,257,196

$670,000

$24,190,654

$0

$8,000
$7,333,000
$7,341,000

$1,207,849

$8,000

$4,026,164

$0

$210,000
$747,660
$957,660

$5,370,000
$15,636,438
$21,006,438

$11,102,578

$0

$37,008,592

$5,370,000

$515,000
$321,800
$836,800

$975,000
$5,253,413
$6,228,413

Dewey-Humboldt

Douglas

Duncan

Eagar

El Mirage

Eloy
Municipal Property Corp
Revenue
Totals for Eloy

15

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$45,032,302

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$351,000

$150,107,673

$39,514,000

$36,644,287

$275,000

$122,147,624

$7,295,000

Flagstaff
8
2
6
16

$67,420,000
$29,700,000
$58,730,760
$155,850,760

$22,880,000
$5,385,000
$11,998,855
$40,263,855

$4,675,000
$1,315,000
$2,356,442
$8,346,442

$39,865,000
$23,000,000
$44,375,463
$107,240,463

Revenue
Totals for Florence

3
3

$11,520,000
$11,520,000

$3,394,969
$3,394,969

$741,212
$741,212

$7,383,819
$7,383,819

General Obligation
Municipal Property Corp
Revenue
Totals for Fountain Hills

4
4
1
9

$18,325,000
$21,405,000
$1,075,000
$40,805,000

$9,705,000
$9,810,000
$730,000
$20,245,000

$1,050,000
$805,000
$110,000
$1,965,000

$7,570,000
$10,790,000
$235,000
$18,595,000

Revenue
Totals for Fredonia

3
3

$1,668,320
$1,668,320

$250,041
$250,041

$41,407
$41,407

$1,376,872
$1,376,872

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

7
4
2
1
14

$135,310,000
$332,260,000
$60,225,000
$6,510,000
$534,305,000

$53,710,000
$36,940,000
$6,930,000
$2,130,000
$99,710,000

$29,040,000
$17,145,000
$3,175,000
$1,390,000
$50,750,000

$52,560,000
$278,175,000
$50,120,000
$2,990,000
$383,845,000

$142,213,303

$855,000

$474,044,343

$51,705,000

General Obligation
Municipal Property Corp
Revenue
Totals for Glendale

10
12
10
32

$288,345,000
$405,485,000
$484,171,049
$1,178,001,049

$64,685,000
$20,435,000
$44,976,919
$130,096,919

$15,795,001
$90,920,000
$14,741,627
$121,456,628

$207,864,999
$294,130,000
$424,452,503
$926,447,502

$109,621,151

$39,229,999

$365,403,837

$168,635,000

General Obligation
Municipal Property Corp
Revenue
Totals for Flagstaff
Florence

Fountain Hills

Fredonia

Gila Bend

Gilbert

Glendale

16

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Globe
0
0

$0
$0

$0
$0

$0
$0

$0
$0

19
4

$139,300,000
$78,530,000

$4,565,000
$945,000

$4,890,000
$3,825,000

$129,845,000
$73,760,000

4
27

$22,304,551
$240,134,551

$6,676,515
$12,186,515

$3,843,668
$12,558,668

$11,784,368
$215,389,368

Revenue
Totals for Guadalupe

1
1

$3,455,000
$3,455,000

$0
$0

$170,000
$170,000

$3,285,000
$3,285,000

Totals for Hayden

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Holbrook

2
2

$5,780,000
$5,780,000

$1,288,604
$1,288,604

$368,000
$368,000

$4,123,396
$4,123,396

General Obligation
Revenue
Totals for Huachuca City

1
1
2

$50,000
$550,000
$600,000

$38,000
$384,000
$422,000

$2,000
$25,000
$27,000

$10,000
$141,000
$151,000

Revenue
Totals for Jerome

1
1

$300,000
$300,000

$31,180
$31,180

$6,924
$6,924

$261,896
$261,896

General Obligation
Revenue
Totals for Kearny

1
2
3

$100,000
$1,300,000
$1,400,000

$86,000
$313,000
$399,000

$6,000
$27,000
$33,000

$8,000
$960,000
$968,000

Totals for Globe
Goodyear
General Obligation
Municipal Property Corp
Revenue
Totals for Goodyear

$45,854,228

$305,000

$152,847,428

$129,540,000

$468,027

$10,000

$1,560,090

$0

$373,465

$0

$1,244,885

$8,000

Guadalupe

Hayden

Holbrook

Huachuca City

Jerome

Kearny

17

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Kingman
1
1
3
5
10

$3,900,000
$4,455,000
$14,050,000
$10,219,213
$32,624,213

$3,090,000
$2,200,000
$4,854,258
$1,287,943
$11,432,201

$390,000
$225,000
$606,901
$778,234
$2,000,135

$420,000
$2,030,000
$8,588,841
$8,153,036
$19,191,877

$14,810,118

$420,000

$49,367,060

$0

3
11
14

$79,767,743
$149,444,273
$229,212,016

$2,357,715
$13,611,147
$15,968,862

$2,057,900
$10,674,208
$12,732,108

$75,352,128
$125,158,918
$200,511,046

$55,782,891

$0

$185,942,969

$75,352,128

Totals for Litchfield Park

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Mammoth

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Totals for Marana

3
3

$36,550,000
$36,550,000

$6,795,000
$6,795,000

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

$28,715,000
$28,715,000

Totals for Maricopa

0
0

$0
$0

$0
$0

$0
$0

$0
$0

14
2

$363,060,000
$57,000,000

$121,205,000
$41,930,000

$16,940,000
$5,100,000

$224,915,000
$9,970,000

$246,871,639

$17,687,616

$822,905,463

$207,227,384

31
3
50

$1,389,010,000
$9,194,816
$1,818,264,816

$444,820,000
$396,976
$608,351,976

$32,675,000
$751,840
$55,466,840

$911,515,000
$8,046,000
$1,154,446,000

0
0

$0
$0

$0
$0

$0
$0

$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
Totals for Miami

18

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$42,232,733

$995,000

Nogales
Municipal Property Corp
Revenue
Special Assessment
Totals for Nogales

5
3
1
9

$37,695,000
$19,845,000
$761,000
$58,301,000

$7,050,000
$1,175,000
$664,000
$8,889,000

$810,000
$335,000
$97,000
$1,242,000

$29,835,000
$18,335,000
$0
$48,170,000

Municipal Property Corp
Revenue
Special Assessment
Totals for Oro Valley

8
2
1
11

$79,250,000
$8,795,000
$3,945,000
$91,990,000

$13,525,000
$2,525,000
$185,000
$16,235,000

$2,405,000
$335,000
$195,000
$2,935,000

$63,320,000
$5,935,000
$3,565,000
$72,820,000

Municipal Property Corp
Totals for Page

2
2

$15,010,000
$15,010,000

$376,860
$376,860

$95,936
$95,936

$14,537,204
$14,537,204

Municipal Property Corp
Totals for Paradise Valley

1
1

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

$2,765,000
$2,765,000

$415,000
$415,000

$5,990,000
$5,990,000

Municipal Property Corp
Revenue
Totals for Parker

1
2
3

$600,000
$4,690,402
$5,290,402

$99,798
$2,302,743
$2,402,541

$35,895
$322,659
$358,554

$464,307
$2,065,000
$2,529,307

Revenue
Totals for Patagonia

1
1

$375,000
$375,000

$111,907
$111,907

$45,162
$45,162

$217,931
$217,931

Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Payson

1

$545,000

$100,000

$70,000

$375,000

3
3
2
9

$3,515,000
$3,150,000
$3,017,000
$10,227,000

$975,000
$1,800,000
$1,362,000
$4,237,000

$0
$0
$30,000
$100,000

$2,540,000
$1,350,000
$1,625,000
$5,890,000

Oro Valley

Page

Paradise Valley

Parker

Patagonia

Payson
$12,669,820

$1,545,000

19

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$98,531,249

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$6,745,000

$328,437,495

$107,875,000

$964,128,990

$329,535,000

$3,213,763,300

$1,075,420,962

$38,547,966

$6,435,000

$128,493,219

$1,390,000

Peoria
8
2
12
22

$170,870,000
$53,675,000
$194,970,006
$419,515,006

$21,340,000
$395,000
$31,011,391
$52,746,391

$34,910,000
$450,000
$9,407,308
$44,767,308

$114,620,000
$52,830,000
$154,551,307
$322,001,307

1
24
50
9
3
87

$35,465,000
$2,360,665,838
$5,620,517,352
$451,475,920
$6,854,209
$8,474,978,319

$2,595,000
$891,864,386
$561,430,000
$298,915,000
$5,596,886
$1,760,401,272

$1,110,000
$63,845,490
$283,210,000
$55,085,000
$664,386
$403,914,876

$31,760,000
$1,404,955,962
$4,775,877,352
$97,475,920
$592,937
$6,310,662,171

1
1

$575,000
$575,000

$470,000
$470,000

$0
$0

$105,000
$105,000

Municipal Property Corp
Totals for Pinetop-Lakeside

1
1

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

$970,000
$970,000

$145,000
$145,000

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

General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Prescott

2
4
2
4
12

$17,405,000
$29,660,000
$8,249,461
$4,570,381
$59,884,842

$8,070,000
$4,330,000
$0
$1,921,954
$14,321,954

$1,510,000
$1,600,000
$0
$317,107
$3,427,107

$7,825,000
$23,730,000
$8,249,461
$2,331,320
$42,135,781

Certificates of Participation
Municipal Property Corp
Revenue
Special Assessment
Totals for Prescott Valley

1
5
4
2
12

$15,910,000
$51,020,000
$41,482,470
$13,670,000
$122,082,470

$0
$11,205,000
$2,443,403
$9,644,000
$23,292,403

$0
$1,490,000
$436,059
$904,000
$2,830,059

$15,910,000
$38,325,000
$38,603,008
$3,122,000
$95,960,008

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

20

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$1,448,764,645

$424,865,000

Quartzsite
Municipal Property Corp
Revenue
Totals for Quartzsite

2
2
4

$7,556,000
$3,720,000
$11,276,000

$410,884
$665,320
$1,076,204

$104,905
$85,543
$190,448

$7,040,211
$2,969,137
$10,009,348

Revenue
Special Assessment
Totals for Queen Creek

8

$133,212,006

$3,925,538

$2,579,457

$126,707,011

1
9

$54,080,000
$187,292,006

$0
$3,925,538

$0
$2,579,457

$54,080,000
$180,787,011

Revenue
Totals for Safford

10
10

$42,225,000
$42,225,000

$7,040,563
$7,040,563

$3,875,059
$3,875,059

$31,309,378
$31,309,378

Revenue
Totals for Sahuarita

2
2

$20,855,660
$20,855,660

$1,485,000
$1,485,000

$560,000
$560,000

$18,810,660
$18,810,660

Municipal Property Corp
Totals for San Luis

2
2

$67,795,000
$67,795,000

$0
$0

$640,000
$640,000

$67,155,000
$67,155,000

Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Scottsdale

1
15
19
2
37

$7,650,000
$865,665,000
$855,955,322
$8,350,000
$1,737,620,322

$1,248,680
$269,465,000
$274,770,000
$3,680,000
$549,163,680

$711,682
$21,755,000
$50,930,000
$835,000
$74,231,682

$5,689,638
$574,445,000
$530,255,322
$3,835,000
$1,114,224,960

Municipal Property Corp
Revenue
Special Assessment
Totals for Sedona

2

$43,035,000

$26,515,712

$121,161

$16,398,127

7
1
10

$64,424,850
$2,500,000
$109,959,850

$5,950,000
$2,000,000
$34,465,712

$3,074,850
$240,000
$3,436,011

$55,400,000
$260,000
$72,058,127

2
2
4

$9,540,000
$11,555,000
$21,095,000

$7,041,219
$0
$7,041,219

$920,000
$215,000
$1,135,000

$1,578,781
$11,340,000
$12,918,781

Queen Creek

Safford

Sahuarita

San Luis

Scottsdale
$434,629,394

$149,580,000

Sedona

Show Low
Certificates of Participation
Revenue
Totals for Show Low

21

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

3
1
4

$46,905,000
$4,145,000
$51,050,000

$5,980,000
$3,240,000
$9,220,000

$1,085,000
$445,000
$1,530,000

$39,840,000
$460,000
$40,300,000

Revenue
Totals for Snowflake

2
2

$5,313,000
$5,313,000

$213,000
$213,000

$145,640
$145,640

$4,954,360
$4,954,360

Revenue
Totals for Somerton

3
2
5

$5,096,848
$11,398,161
$16,495,009

$93,802
$372,529
$466,331

$79,434
$468,384
$547,818

$4,923,612
$10,557,248
$15,480,860

Municipal Property Corp
Totals for South Tucson

4
4

$14,765,000
$14,765,000

$0
$0

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

$7,905,000
$7,905,000

General Obligation
Totals for Springerville

1
1

$865,000
$865,000

$717,834
$717,834

$147,166
$147,166

$0
$0

Revenue
Totals for St. Johns

1
1

$156,045
$156,045

$6,403
$6,403

$1,789
$1,789

$147,853
$147,853

Totals for Star Valley

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Revenue
Totals for Superior

1
1
2

$1,200,000
$500,000
$1,700,000

$120,000
$40,000
$160,000

$91,561
$90,000
$181,561

$988,439
$370,000
$1,358,439

General Obligation
Municipal Property Corp
Totals for Surprise

2
3
5

$7,295,955
$152,655,000
$159,950,955

$5,412,044
$55,265,000
$60,677,044

$1,470,641
$2,830,000
$4,300,641

$413,270
$94,560,000
$94,973,270

Snowflake

Somerton
Municipal Property Corp

South Tucson

Springerville
$544,227

$0

$1,814,091

$0

$71,654,555

$0

$238,848,517

$413,270

St. Johns

Star Valley

Superior

Surprise

22

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$30,000
$56,525
$86,525

$20,000
$58,152
$78,152

$450,000
$1,385,323
$1,835,323

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Taylor
Municipal Property Corp
Revenue
Totals for Taylor

1
1
2

$500,000
$1,500,000
$2,000,000

Tempe
1

$5,110,000

$3,890,000

$595,000

$625,000

16
9
26

$539,360,000
$299,915,000
$844,385,000

$113,230,000
$49,135,000
$166,255,000

$18,535,000
$7,605,000
$26,735,000

$407,595,000
$243,175,000
$651,395,000

Revenue
Totals for Thatcher

2
2

$4,500,000
$4,500,000

$1,898,768
$1,898,768

$101,232
$101,232

$2,500,000
$2,500,000

General Obligation
Municipal Property Corp
Totals for Tolleson

4
1
5

$40,280,000
$8,560,000
$48,840,000

$5,125,000
$0
$5,125,000

$1,995,000
$0
$1,995,000

General Obligation
Revenue
Totals for Tombstone

1
2
3

$75,000
$786,500
$861,500

$66,000
$243,500
$309,500

9
23
44
19
95

$222,955,000
$537,485,720
$928,762,000
$7,601,508
$1,696,804,228

Totals for Wellton

0
0

Revenue
Totals for Wickenburg

1
1

Certificates of Participation
General Obligation
Revenue
Totals for Tempe

$144,113,908

$1,395,000

$480,379,693

$406,200,000

$33,160,000
$8,560,000
$41,720,000

$10,958,736

$0

$36,529,120

$33,160,000

$3,000
$15,000
$18,000

$6,000
$528,000
$534,000

$833,618

$0

$2,778,726

$6,000

$40,980,000
$254,185,110
$339,586,511
$2,697,367
$637,448,988

$10,640,000
$14,195,000
$24,937,209
$570,887
$50,343,096

$171,335,000
$269,105,610
$564,238,280
$4,333,254
$1,009,012,144

$209,067,721

$9,145,000

$696,892,403

$259,960,610

$0
$0

$0
$0

$0
$0

$0
$0

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

$242,852
$242,852

$129,152
$129,152

$2,627,996
$2,627,996

Thatcher

Tolleson

Tombstone

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

Wickenburg

23

TABLE 2
CITY/TOWN FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$1,218,047

$34,629,565

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$0

$4,060,157

$1,398,000

$0

$115,431,883

$5,250,000

Willcox
General Obligation
Municipal Property Corp
Revenue
Totals for Willcox

3
1
4
8

$1,615,000
$3,300,000
$2,821,700
$7,736,700

$138,000
$125,000
$609,251
$872,251

$79,000
$170,000
$164,573
$413,573

$1,398,000
$3,005,000
$2,047,876
$6,450,876

Municipal Property Corp
Revenue
Totals for Williams

1
8
9

$5,480,000
$30,969,561
$36,449,561

$3,155,000
$2,365,499
$5,520,499

$305,000
$784,859
$1,089,859

$2,020,000
$27,819,203
$29,839,203

Totals for Winkelman

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Winslow

5
5

$15,695,000
$15,695,000

$5,436,764
$5,436,764

$4,853,236
$4,853,236

$5,405,000
$5,405,000

Totals for Youngtown

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Revenue
Special Assessment
Totals for Yuma

1
7
1
9

$8,085,000
$372,364,920
$3,875,000
$384,324,920

$1,665,000
$19,960,696
$0
$21,625,696

$1,170,000
$15,991,049
$205,000
$17,366,049

$5,250,000
$336,413,175
$3,670,000
$345,333,175

19

$303,670,000

$56,999,899

$14,376,682

$232,293,419

General Obligation

218

$6,029,813,064

$1,925,590,089

$278,876,006

$3,825,346,969

Municipal Property Corp

147

$7,312,154,256

$853,012,528

$426,120,757

$6,033,020,971

Revenue

341

$6,324,550,097

$1,746,270,189

$279,524,302

$4,298,755,607

52

$156,378,127

$45,146,626

$8,012,954

$103,218,547

777

$20,126,565,544

$4,627,019,331

$1,006,910,701

$14,492,635,513

Williams

Winkelman

Winslow

Youngtown

Yuma

Certificates of Participation

Special Assessment
Grand Totals:

24

COMMUNITY COLLEGES
Community college bonded indebtedness
consists of general obligation debt, revenue
bonds and certificates of participation. Of
the eleven community colleges, Cochise
College, Gila College, and Eastern Arizona
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, 2008:

9 $ 675.96 million in general obligation
debt, reported by six community
colleges;

9 $ 57.0 million in revenue bonds,

However, the year-end balances should
reflect any July 1, 2007 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.

reported by six community colleges; and

9 $ 235,000 in a certificate of participation,
reported by one community college.
During FY 2007/08, $146.1 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
Arizona Western 2
Yavapai
Pima
Coconino
Mohave
Central Arizona 3
Northland Pioneer 4
Cochise
Eastern Arizona 5
Gila

OUTSTANDING
DEBT
$ 525,690,000
$ 73,620,000
$ 54,310,000
$ 40,105,000
$ 18,320,000
$ 11,755,000
$ 7,565,000
$ 1,840,000
$0
$0
0

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2008.
2Arizona Western Community College serves Yuma
and La Paz Counties.
3Central Arizona Community College serves Pinal

COMMUNITY
COLLEGE
Arizona Western
Coconino
Maricopa
Northland Pioneer
College
Pima
Yavapai

DEBT
DEBT
LIMITATION
$196,086,177 $73,480,000
$261,723,384 $18,320,000
$7,430,186,075 $507,390,000

% OF DEBT
LIMIT USED
37.5%
7.0%
6.8%

$127,697,606

$1,605,000

1.3%

$1,233,059,375
$427,958,960

$39,905,000
$53,510,000

3.2%
12.5 %

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 2007/08 was $57.0 million, after
retiring and refunding $8.0 million during the
fiscal year.
CERTIFICATES OF PARTICIPATION
Cochise College and Northland Pioneer
College reported certificates of participation.
The outstanding balance for this type of debt
at the end of fiscal year 2007/08 was
$235,000, after retiring and refunding $1.2
million during the fiscal year.

County.
4 Northland Pioneer College serves Navajo County.
5Eastern Arizona Community College serves Graham
County.

25

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, Arizona Western
College has the most debt per student, as
can be seen on the table below:

COMMUNITY
COLLEGE
Arizona Western
Yavapai
Coconino
Maricopa
Mohave
Pima
Central Arizona
Northland Pioneer
College
Cochise
Eastern Arizona
Gila

PER STUDENT
DEBT
$16,067
$14,195
$8,601
$7,009
$4,053
$1,892
$1,719
$688
$0
$0
$0

The student population counts used to
calculate the per student debt are those
provided by the State Board of Community
Colleges for FY 2007/08 the expenditure
limitation calculation.

26

TABLE 3
COMMUNITY COLLEGE FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$196,086,177

$73,480,000

$261,723,384

$18,320,000

$7,430,186,075

$507,390,000

$127,697,606

$1,605,000

Arizona Western
3
1
4

$83,695,000
$1,000,000
$84,695,000

$6,030,000
$735,000
$6,765,000

$4,185,000
$125,000
$4,310,000

$73,480,000
$140,000
$73,620,000

Revenue
Totals for Central Arizona

1
1

$10,500,000
$10,500,000

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

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

$7,565,000
$7,565,000

Certificate of Participation
Totals for Cochise CC

1
1

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

$2,185,000
$2,185,000

$815,000
$815,000

$0
$0

General Obligation
Totals for Coconino CC

1
1

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

$4,545,000
$4,545,000

$2,135,000
$2,135,000

$18,320,000
$18,320,000

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

General Obligation
Revenue
Totals for Maricopa CC

6
3
9

$714,880,000
$28,135,000
$743,015,000

$107,425,000
$4,775,000
$112,200,000

$100,065,000
$5,060,000
$105,125,000

$507,390,000
$18,300,000
$525,690,000

Revenue
Totals for Mohave CC

4
4

$13,795,000
$13,795,000

$1,110,000
$1,110,000

$930,000
$930,000

$11,755,000
$11,755,000

1
1
2

$2,410,000
$9,015,000
$11,425,000

$1,745,000
$4,335,000
$6,080,000

$430,000
$3,075,000
$3,505,000

$235,000
$1,605,000
$1,840,000

General Obligation
Revenue
Totals for Arizona Western
Central Arizona

Cochise CC

Coconino CC

Eastern Arizona College

Gila CC

Maricopa CC

Mohave CC

Northland Pioneer College
Certificate of Participation
General Obligation
Totals for Northland Pioneer College

27

TABLE 3
COMMUNITY COLLEGE FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

Pima CC
3
1
4

$139,980,000
$1,500,000
$141,480,000

$78,250,000
$1,100,000
$79,350,000

$21,825,000
$200,000
$22,025,000

$39,905,000
$200,000
$40,105,000

$1,233,059,375

$39,905,000

4
1
5

$75,630,000
$2,500,000
$78,130,000

$16,395,000
$1,375,000
$17,770,000

$5,725,000
$325,000
$6,050,000

$53,510,000
$800,000
$54,310,000

$427,958,960

$53,510,000

2

$5,410,000

$3,930,000

$1,245,000

$235,000

General Obligation

18

$1,048,200,000

$216,980,000

$137,010,000

$694,210,000

Revenue

11

$57,430,000

$10,850,000

$7,820,000

$38,760,000

Grand Totals:

31

$1,111,040,000

$231,760,000

$146,075,000

$733,205,000

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

28

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.
Of the 222 school districts that reported, 84
had no bonded indebtedness in FY 2007/08.
Four school districts (Sanders in Apache
County; Pomerene in Cochise County;
Picacho in Pinal County and Seligman in
Yavapai County) retired all outstanding debt
as of June 30, 2008. The remaining 138
school districts with outstanding bonded
indebtedness had:

9

$1,907.8 million in Class A general
obligation debt, reported by 110
school districts;

9

$2,730.1 million in Class B general
obligation debt, reported by 86
school districts;

9

$2.0 million in certificates of
participation, reported by one school
district;

9

$60.1 million in Impact Aid revenue
bonds, reported by seven school
districts.

There are three school districts that did not
submit a FY 2007/08 bonded indebtedness
report (Ajo USD, Empire ESD, and
Redington ESD in Pima County). All three
districts had no outstanding debt as of FY
2006/07.

Within school districts that have outstanding
bonded indebtedness, the average debt per
student was $5,353. (There are 49 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 20. The following table
shows the number of reporting school
districts in each county with and without
outstanding bonded indebtedness as of
June 30, 2008.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Pima
Pinal
Santa Cruz
Yavapai
Yuma

# WITH B.I.
5
6
5
4
3
3
3
49
9
9
11
12
2
9
8

# WITHOUT B.I.
6
16
5
4
4
2
3
7
6
2
5
6
4
13
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, 2008.
COUNTY TOTAL
FOR SCHOOL
DISTRICTS:

OUTSTANDING
DEBT

Maricopa
Pima
Pinal
Yavapai
Yuma
Navajo
Mohave
Coconino
Gila

$3,487,153,000
$515,700,043
$209,246,297
$121,270,000
$94,155,000
$74,460,000
$62,980,386
$36,100,000
$26,125,400

DEBT PER
STUDENT

$6,176
$4,109
$5,343
$5,681
$2,740
$4,988
$3,067
$2,226
$4,473

29

COUNTY TOTAL
FOR SCHOOL
DISTRICTS:

Apache
Cochise
Santa Cruz
Graham
Greenlee
La Paz

OUTSTANDING
DEBT

$23,255,000
$18,890,000
$13,705,000
$9,245,000
$4,550,000
$3,180,000

DEBT PER
STUDENT

$3,470
$1,527
$1,457
$1,918
$2,758
$6,766

The debt per student figures shown on the
previous table is calculated using the
Arizona
Department
of
Education's
preliminary 100th day average daily
membership student count for FY 2007/08
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, 2008. However, the year-end
balances should reflect any July 1, 2008
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 2007/08.
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,
ten 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.

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 85 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 in Table 19.
CERTIFICATES OF PARTICIPATION
The outstanding balance of this type of debt
at the end of FY 2007/08 was $2.0m. Higley
Unified School District in Maricopa County
was the only school district with this type of
debt.
IMPACT AID REVENUE BONDS
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. School districts
are not to authorize, issue or sell bonds
(unless refunding) while there is existing
indebtedness from impact aid revenue
bonds. There are seven districts that have
issued Impact Aid Revenue Bonds since FY
2003/04: Ganado USD and Red Mesa USD
in Apache County; Page USD and Tuba City
USD in Coconino County; Cedar USD and
Whiteriver USD in Navajo County; and
Indian Oasis USD in Pima County. The
outstanding balance of this type of debt at
the end of FY 2007/08 was $60.1m.

Per §15-1021, beginning January 1, 1999
school districts could begin issuing Class B

30

PER STUDENT DEBT
Table 20 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, 2008.

As shown on Table 20, Scottsdale Unified
School District in Maricopa County has the
largest amount of outstanding bonded
indebtedness among all school districts as
of June 30, 2008, at $330.3 million. In terms
of debt per student, however, Scottsdale
Unified School District ranks 6rd at $13,122.
The school district with the highest debt per
student is Bicentennial Union High School
District in La Paz County, at $18,288 in
outstanding debt per student.

31

32

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

1
1

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

$25,000
$25,000

$45,000
$45,000

$1,190,000
$1,190,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$0
$0

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$0
$0

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

1
1

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

$2,740,000
$2,740,000

$460,000
$460,000

$0
$0

1
1

$14,545,000
$14,545,000

$4,220,000
$4,220,000

$1,120,000
$1,120,000

$9,205,000
$9,205,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

6 Concho ESD
General Obligation-Class B
Totals for Concho ESD
7 Alpine ESD
Totals for Alpine ESD
8 Window Rock USD
General Obligation-Class B
Totals for Window Rock USD
9 Vernon ESD
Totals for Vernon ESD
10 Round Valley USD
General Obligation-Class B
Totals for Round Valley USD
18 Sanders (Puerco) US
General Obligation
Totals for Sanders (Puerco) USD
20 Ganado USD
Impact Aid Revenue
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

33

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

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

$3,660,000
$3,660,000

$835,000
$835,000

$4,615,000
$4,615,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

27 Red Mesa USD
Impact Aid Revenue
Totals for Red Mesa USD

1
1

General Obligation

1

$3,200,000

$2,740,000

$460,000

$0

General Obligation-Class B

3

$9,505,000

$25,000

$45,000

$9,435,000

Impact Aid Revenue

2

$23,655,000

$7,880,000

$1,955,000

$13,820,000

Grand Totals:

6

$36,360,000

$10,645,000

$2,460,000

$23,255,000

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

34

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$14,116,903

$2,100,000

$7,980,791

$1,645,000

1 Tombstone USD
Totals for Tombstone USD

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$2,475,000
$2,475,000

$375,000
$375,000

$2,100,000
$2,100,000

1
1

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

$535,000
$535,000

$65,000
$65,000

$700,000
$700,000

1
1
2

$2,480,000
$6,365,000
$8,845,000

$2,050,000
$0
$2,050,000

$430,000
$0
$430,000

$0
$6,365,000
$6,365,000

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

$940,000
$940,000

$140,000
$140,000

$1,645,000
$1,645,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2 Bisbee USD
General Obligation
Totals for Bisbee USD
6 Valley UHSD
General Obligation
Totals for Valley UHSD

$5,331,906

$700,000

9 Benson USD
General Obligation
General Obligation-Class B
Totals for Benson USD
12 Elfrida ESD
Totals for Elfrida ESD
13 Willcox USD
Totals for Willcox USD
14 Bowie USD
Totals for Bowie USD
18 San Simon USD
Totals for San Simon USD
21 St. David USD
General Obligation
Totals for St. David USD
22 Pearce ESD
Totals for Pearce ESD

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

35

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$20,733,998

$1,770,000

23 Naco ESD
Totals for Naco ESD

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$3,510,000
$3,510,000

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

$1,770,000
$1,770,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$315,000
$315,000

$280,000
$280,000

$35,000
$35,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

26 Cochise ESD
Totals for Cochise ESD
27 Douglas USD
General Obligation
Totals for Douglas USD
42 Apache ESD
Totals for Apache ESD
45 Double Adobe ESD
Totals for Double Adobe ESD
49 Palominas ESD
Totals for Palominas ESD
53 Ash Creek ESD
Totals for Ash Creek ESD
55 McNeal ESD
Totals for McNeal ESD
64 Pomerene ESD
General Obligation
Totals for Pomerene ESD
66 Rucker ESD
Totals for Rucker ESD

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

36

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$112,335,610

$6,310,000

68 Sierra Vista USD
3
3

$26,985,000
$26,985,000

$17,700,000
$17,700,000

$2,975,000
$2,975,000

$6,310,000
$6,310,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

9

$45,035,000

$27,490,000

$5,020,000

$12,525,000

General Obligation-Class B

1

$6,365,000

$0

$0

$6,365,000

10

$51,400,000

$27,490,000

$5,020,000

$18,890,000

General Obligation
Totals for Sierra Vista USD
81 Forrest ESD
Totals for Forrest ESD

Grand Totals:

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

37

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Flagstaff USD
General Obligation
General Obligation-Class B
Totals for Flagstaff USD

3
1
4

$30,545,000
$10,000,000
$40,545,000

$17,550,000
$0
$17,550,000

$9,810,000
$0
$9,810,000

$3,185,000
$10,000,000
$13,185,000

$354,407,428

$3,185,000

1
1

$1,845,000
$1,845,000

$945,000
$945,000

$450,000
$450,000

$450,000
$450,000

$32,994,507

$450,000

1
1

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

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

$330,000
$330,000

$1,920,000
$1,920,000

$4,755,852

$1,920,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$15,525,000
$15,525,000

$0
$0

$0
$0

$15,525,000
$15,525,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1
2

$2,565,000
$6,265,000
$8,830,000

$1,085,000
$2,000,000
$3,085,000

$725,000
$0
$725,000

$755,000
$4,265,000
$5,020,000

$4,592,819

$755,000

2 Williams USD
General Obligation
Totals for Williams USD
4 Grand Canyon USD
General Obligation
Totals for Grand Canyon USD
5 Chevlon Butte ESD
Totals for Chevlon Butte ESD
6 Fredonia-Moccasin USD
Totals for Fredonia-Moccasin USD
8 Page USD
Impact Aid Revenue
Totals for Page USD
9 Sedona-Oak Creek USD
Totals for Sedona-Oak Creek USD
10 Maine ESD
Totals for Maine ESD
15 Tuba City USD
General Obligation
Impact Aid Revenue
Totals for Tuba City USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
38

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

31 Ash Fork USD
0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

6

$38,755,000

$21,130,000

$11,315,000

$6,310,000

General Obligation-Class B

1

$10,000,000

$0

$0

$10,000,000

Impact Aid Revenue

2

$21,790,000

$2,000,000

$0

$19,790,000

Grand Totals:

9

$70,545,000

$23,130,000

$11,315,000

$36,100,000

Totals for Ash Fork USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
39

TABLE 7
GILA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$13,881,067

$2,510,000

$85,227,657

$1,640,000

$657,945

$110,000

1 Globe USD
1
1

$3,600,000
$3,600,000

$525,000
$525,000

$565,000
$565,000

$2,510,000
$2,510,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1
2

$5,925,000
$20,000,000
$25,925,000

$2,715,000
$0
$2,715,000

$1,570,000
$0
$1,570,000

$1,640,000
$20,000,000
$21,640,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$295,000
$295,000

$160,000
$160,000

$25,000
$25,000

$110,000
$110,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,865,400
$1,865,400

$0
$0

$0
$0

$1,865,400
$1,865,400

General Obligation

4

$11,685,400

$3,400,000

$2,160,000

$6,125,400

General Obligation-Class B

1

$20,000,000

$0

$0

$20,000,000

Grand Totals:

5

$31,685,400

$3,400,000

$2,160,000

$26,125,400

General Obligation
Totals for Globe USD
5 Young ESD
Totals for Young ESD
10 Payson USD
General Obligation
General Obligation-Class B
Totals for Payson USD
12 Pine Strawberry ESD
Totals for Pine Strawberry ESD
20 San Carlos USD
General Obligation
Totals for San Carlos USD
33 Tonto Basin ESD
Totals for Tonto Basin ESD
40 Miami USD
Totals for Miami USD
41 Hayden-Winkelman USD
General Obligation
Totals for Hayden-Winkelman USD

**

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds.
**The Hayden-Winkelman USD has a loan of $1,865,000 from the School Improvement Revenue Bond Debt Fund and is not included in the debt limit.

40

TABLE 8
GRAHAM COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Safford USD
1
1
2

$9,965,000
$5,000,000
$14,965,000

$7,520,000
$915,000
$8,435,000

$795,000
$0
$795,000

$1,650,000
$4,085,000
$5,735,000

$17,995,332

$1,650,000

3
3

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

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

$440,000
$440,000

$2,340,000
$2,340,000

$8,298,920

$2,340,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,170,000
$1,170,000

$0
$0

$0
$0

$1,170,000
$1,170,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

4

$15,950,000

$10,725,000

$1,235,000

$3,990,000

General Obligation-Class B

2

$6,170,000

$915,000

$0

$5,255,000

Grand Totals:

6

$22,120,000

$11,640,000

$1,235,000

$9,245,000

General Obligation
General Obligation-Class B
Totals for Safford USD
4 Thatcher USD
General Obligation
Totals for Thatcher USD
5 Solomon ESD
Totals for Solomon ESD
6 Pima USD
General Obligation-Class B
Totals for Pima USD
7 Ft. Thomas USD
Totals for Ft. Thomas USD
9 Klondyke ESD
Totals for Klondyke ESD
16 Bonita ESD
Totals for Bonita ESD

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

41

TABLE 9
GREENLEE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

2 Duncan USD
1
1

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

$990,000
$990,000

$175,000
$175,000

$2,260,000
$2,260,000

$3,743,279

$2,260,000

3
3

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

$2,260,000
$2,260,000

$305,000
$305,000

$435,000
$435,000

$3,830,571

$435,000

1
1

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

$235,000
$235,000

$260,000
$260,000

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

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

$3,250,000

$480,000

$2,695,000

General Obligation-Class B

1

$2,350,000

$235,000

$260,000

$1,855,000

Grand Totals:

5

$8,775,000

$3,485,000

$740,000

$4,550,000

General Obligation
Totals for Duncan USD
3 Clifton USD
General Obligation
Totals for Clifton USD
18 Morenci USD
General Obligation-Class B
Totals for Morenci USD
22 Blue ESD
Totals for Blue ESD
45 Eagle ESD
Totals for Eagle ESD

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

42

TABLE 10
LA PAZ COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

4 Quartzsite ESD
1
1

$1,615,000
$1,615,000

$500,000
$500,000

$135,000
$135,000

$980,000
$980,000

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

$430,000
$430,000

$50,000
$50,000

1
1

$2,670,000
$2,670,000

$370,000
$370,000

General Obligation

3

$4,935,000

Grand Totals:

3

$4,935,000

General Obligation
Totals for Quartzsite ESD

$8,387,034

$980,000

$170,000
$170,000

$3,957,102

$170,000

$270,000
$270,000

$2,030,000
$2,030,000

$16,842,545

$2,030,000

$1,300,000

$455,000

$3,180,000

$1,300,000

$455,000

$3,180,000

19 Wenden ESD
Totals for Wenden ESD
26 Bouse ESD
Totals for Bouse ESD
27 Parker USD
Totals for Parker USD
30 Salome ESD
General Obligation
Totals for Salome ESD
76 Bicentennial UHSD
General Obligation
Totals for Bicentennial UHSD

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

43

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$27,745,000

$5,200,000

$32,665,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Phoenix ESD
General Obligation

4

$65,610,000

General Obligation-Class B

1

$19,125,000

$0

$550,000

$18,575,000

5

$84,735,000

$27,745,000

$5,750,000

$51,240,000

4

$20,750,000

$4,740,000

$1,500,000

$14,510,000

4

$20,750,000

$4,740,000

$1,500,000

$14,510,000

12

$113,125,000

$64,825,000

$6,490,000

$41,810,000

4

$81,765,000

$12,500,000

$100,000

$69,165,000

16

$194,890,000

$77,325,000

$6,590,000

$110,975,000

General Obligation

6

$241,310,000

$96,995,000

$43,055,000

$101,260,000

General Obligation-Class B

4

$165,510,000

$0

$0

$165,510,000

10

$406,820,000

$96,995,000

$43,055,000

$266,770,000

2

$6,800,000

$2,910,000

$1,250,000

$2,640,000

2

$6,800,000

$2,910,000

$1,250,000

$2,640,000

General Obligation

6

$158,455,000

$71,025,000

$7,220,000

$80,210,000

General Obligation-Class B

4

$64,000,000

$26,410,000

$6,545,000

$31,045,000

10

$222,455,000

$97,435,000

$13,765,000

$111,255,000

General Obligation

5

$6,620,000

$4,050,000

$1,620,000

$950,000

General Obligation-Class B

1

$7,070,000

$300,000

$290,000

$6,480,000

6

$13,690,000

$4,350,000

$1,910,000

$7,430,000

Totals for Phoenix ESD

$128,227,032

$32,665,000

$290,064,882 *

$41,810,000

2 Riverside ESD
General Obligation-Class B
Totals for Riverside ESD
3 Tempe ESD
General Obligation
General Obligation-Class B
Totals for Tempe ESD
4 Mesa USD

Totals for Mesa USD

$1,205,986,019

$101,260,000

5 Isaac ESD
General Obligation
Totals for Isaac ESD

$35,516,081

$2,640,000

$288,811,388

$80,210,000

$22,274,352

$950,000

6 Washington ESD

Totals for Washington ESD
7 Wilson ESD

Totals for Wilson ESD

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

44

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$15,025,000

$2,570,000

$19,255,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

8 Osborn ESD
General Obligation

3

$36,850,000

General Obligation-Class B

1

$26,300,000

$0

$150,000

$26,150,000

4

$63,150,000

$15,025,000

$2,720,000

$45,405,000

General Obligation

6

$25,705,000

$7,590,000

$1,130,000

$16,985,000

General Obligation-Class B

1

$1,885,000

$0

$0

$1,885,000

7

$27,590,000

$7,590,000

$1,130,000

$18,870,000

6

$237,760,000

$92,567,000

$16,020,000

$129,173,000

Totals for Osborn ESD

$91,257,067

$19,255,000

9 Wickenburg USD

Totals for Wickenburg USD

$49,766,850

$16,985,000

11 Peoria USD
General Obligation

5

$148,500,000

$31,825,000

$4,500,000

$112,175,000

11

$386,260,000

$124,392,000

$20,520,000

$241,348,000

7

$29,920,000

$19,885,000

$3,230,000

$6,805,000

7

$29,920,000

$19,885,000

$3,230,000

$6,805,000

General Obligation

2

$5,010,000

$2,690,000

$820,000

$1,500,000

General Obligation-Class B

2

$6,045,000

$0

$550,000

$5,495,000

4

$11,055,000

$2,690,000

$1,370,000

$6,995,000

General Obligation

2

$6,985,000

$5,635,000

$1,350,000

$0

General Obligation-Class B

2

$4,000,000

$0

$0

$4,000,000

4

$10,985,000

$5,635,000

$1,350,000

$4,000,000

General Obligation-Class B
Totals for Peoria USD

$622,001,385 *

$129,173,000

14 Creighton ESD
General Obligation
Totals for Creighton ESD

$85,363,474

$6,805,000

$29,198,513

$1,500,000

17 Tolleson ESD

Totals for Tolleson ESD
21 Murphy ESD

Totals for Murphy ESD
24 Gila Bend USD
General Obligation-Class B
Totals for Gila Bend USD

2

$5,300,000

$20,000

$265,000

$5,015,000

2

$5,300,000

$20,000

$265,000

$5,015,000

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

45

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$945,000

$525,000

$0

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

25 Liberty ESD
General Obligation

1

$1,470,000

2

$9,585,000

$260,000

$490,000

$8,835,000

3

$11,055,000

$1,205,000

$1,015,000

$8,835,000

General Obligation

4

$60,615,000

$18,375,000

$5,230,000

$37,010,000

General Obligation-Class B

3

$64,000,000

$0

$0

$64,000,000

7

$124,615,000

$18,375,000

$5,230,000

$101,010,000

3

$22,235,000

$10,200,000

$1,835,000

$10,200,000

3

$22,235,000

$10,200,000

$1,835,000

$10,200,000

General Obligation

3

$3,990,000

$2,980,000

$320,000

$690,000

General Obligation-Class B

2

$12,595,000

$895,000

$1,330,000

$10,370,000

5

$16,585,000

$3,875,000

$1,650,000

$11,060,000

General Obligation

3

$46,305,000

$10,145,000

$3,840,000

$32,320,000

General Obligation-Class B

2

$30,500,000

$175,000

$240,000

$30,085,000

5

$76,805,000

$10,320,000

$4,080,000

$62,405,000

General Obligation

3

$18,895,000

$7,060,000

$3,595,000

$8,240,000

General Obligation-Class B

2

$24,725,000

$7,400,000

$1,700,000

$15,625,000

5

$43,620,000

$14,460,000

$5,295,000

$23,865,000

General Obligation

7

$112,467,000

$56,632,000

$12,105,000

$43,730,000

General Obligation-Class B

3

$163,500,000

$0

$600,000

$162,900,000

10

$275,967,000

$56,632,000

$12,705,000

$206,630,000

General Obligation-Class B
Totals for Liberty ESD
28 Kyrene ESD

Totals for Kyrene ESD

$383,274,137 *

$37,010,000

31 Balsz ESD
General Obligation
Totals for Balsz ESD

$62,949,722

$10,200,000

$35,106,409

$690,000

$203,861,153

$32,320,000

$74,584,059

$8,240,000

33 Buckeye ESD

Totals for Buckeye ESD
38 Madison ESD

Totals for Madison ESD
40 Glendale ESD

Totals for Glendale ESD
41 Gilbert USD

Totals for Gilbert USD

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

$696,108,067

$43,730,000

46

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$5,175,000

$1,300,000

$7,525,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

44 Avondale ESD
General Obligation
General Obligation-Class B
Totals for Avondale ESD

3

$14,000,000

2

$20,760,000

$0

$1,250,000

$19,510,000

5

$34,760,000

$5,175,000

$2,550,000

$27,035,000

4

$8,150,000

$6,125,000

$1,235,000

$790,000

$62,378,535

$7,525,000

$40,246,136

$790,000

45 Fowler ESD
General Obligation
General Obligation-Class B
Totals for Fowler ESD

4

$13,790,000

$375,000

$675,000

$12,740,000

8

$21,940,000

$6,500,000

$1,910,000

$13,530,000

1

$2,265,000

$360,000

$210,000

$1,695,000

1

$2,265,000

$360,000

$210,000

$1,695,000

11

$399,907,000

$226,907,000

$24,805,000

$148,195,000

3

$317,600,000

$101,940,000

$33,550,000

$182,110,000

14

$717,507,000

$328,847,000

$58,355,000

$330,305,000

1

$1,500,000

$0

$350,000

$1,150,000

1

$1,500,000

$0

$350,000

$1,150,000

47 Arlington ESD
General Obligation-Class B
Totals for Arlington ESD
48 Scottsdale USD
General Obligation
General Obligation-Class B
Totals for Scottsdale USD

$1,854,924,036

$148,195,000

49 Palo Verde ESD
General Obligation-Class B
Totals for Palo Verde ESD
59 Laveen ESD
General Obligation

3

$3,035,000

$780,000

$530,000

$1,725,000

General Obligation-Class B

3

$10,250,000

$0

$350,000

$9,900,000

6

$13,285,000

$780,000

$880,000

$11,625,000

Certificate of Participation

1

$2,015,000

$0

$0

$2,015,000

General Obligation-Class B

6

$60,010,000

$1,480,000

$3,135,000

$55,395,000

7

$62,025,000

$1,480,000

$3,135,000

$57,410,000

1

$1,385,000

$345,000

$400,000

$640,000

1

$1,385,000

$345,000

$400,000

$640,000

Totals for Laveen ESD

$43,945,876

$1,725,000

60 Higley USD

Totals for Higley USD
62 Union ESD
General Obligation-Class B
Totals for Union ESD

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

47

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

63 Aguila ESD
0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation

2

$1,825,000

$555,000

$20,000

$1,250,000

General Obligation-Class B

2

$15,830,000

$0

$2,570,000

$13,260,000

4

$17,655,000

$555,000

$2,590,000

$14,510,000

General Obligation

3

$37,600,000

$16,880,000

$1,650,000

$19,070,000

General Obligation-Class B

1

$20,000,000

$0

$0

$20,000,000

4

$57,600,000

$16,880,000

$1,650,000

$39,070,000

4

$32,525,000

$2,400,000

$2,785,000

$27,340,000

4

$32,525,000

$2,400,000

$2,785,000

$27,340,000

19

$456,290,000

$216,540,000

$49,920,000

$189,830,000

7

$192,975,000

$29,875,000

$23,490,000

$139,610,000

26

$649,265,000

$246,415,000

$73,410,000

$329,440,000

Totals for Aguila ESD
65 Littleton ESD

Totals for Littleton ESD

$46,421,499 *

$1,250,000

66 Roosevelt ESD

Totals for Roosevelt ESD

$129,542,157

$19,070,000

$78,395,702

$27,340,000

68 Alhambra ESD
General Obligation
Totals for Alhambra ESD
69 Paradise Valley USD
General Obligation
General Obligation-Class B
Totals for Paradise Valley USD

$1,229,184,275

$189,830,000

71 Sentinel ESD
0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation

5

$18,425,000

$6,900,000

$2,960,000

$8,565,000

General Obligation-Class B

2

$20,000,000

$0

$0

$20,000,000

7

$38,425,000

$6,900,000

$2,960,000

$28,565,000

Totals for Sentinel ESD
75 Morristown ESD
Totals for Morristown ESD
79 Litchfield ESD

Totals for Litchfield ESD

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

$130,631,282

$8,565,000

48

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$66,565,000

$11,490,000

$44,570,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

80 Chandler USD
General Obligation
General Obligation-Class B
Totals for Chandler USD

9

$122,625,000

3

$124,200,000

$6,220,000

$3,025,000

$114,955,000

12

$246,825,000

$72,785,000

$14,515,000

$159,525,000

1

$2,000,000

$80,000

$115,000

$1,805,000

1

$2,000,000

$80,000

$115,000

$1,805,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

$804,689,768 *

$44,570,000

$461,957,089

$15,820,000

$712,280,463

$2,795,000

81 Nadaburg ESD
General Obligation-Class B
Totals for Nadaburg ESD
83 Cartwright ESD
Totals for Cartwright ESD
86 Mobile ESD
0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation

1

$15,955,000

$85,000

$50,000

$15,820,000

General Obligation-Class B

6

$156,240,000

$18,155,000

$3,545,000

$134,540,000

7

$172,195,000

$18,240,000

$3,595,000

$150,360,000

1

$25,000,000

$7,450,000

$2,160,000

$15,390,000

1

$25,000,000

$7,450,000

$2,160,000

$15,390,000

General Obligation

3

$6,880,000

$3,190,000

$1,795,000

$1,895,000

General Obligation-Class B

5

$24,285,000

$2,555,000

$5,400,000

$16,330,000

8

$31,165,000

$5,745,000

$7,195,000

$18,225,000

General Obligation

2

$36,105,000

$23,030,000

$10,280,000

$2,795,000

General Obligation-Class B

2

$20,000,000

$0

$0

$20,000,000

4

$56,105,000

$23,030,000

$10,280,000

$22,795,000

Totals for Mobile ESD
89 Dysart USD

Totals for Dysart USD
90 Saddle Mountain USD
General Obligation-Class B
Totals for Saddle Mountain USD
92 Pendergast ESD

Totals for Pendergast ESD

$65,228,107

$1,895,000

93 Cave Creek USD

Totals for Cave Creek USD

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

49

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

94 Paloma ESD
0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation

3

$17,695,000

$4,035,000

$990,000

$12,670,000

General Obligation-Class B

4

$38,065,000

$7,640,000

$2,590,000

$27,835,000

7

$55,760,000

$11,675,000

$3,580,000

$40,505,000

General Obligation

7

$180,830,000

$96,780,000

$20,370,000

$63,680,000

General Obligation-Class B

6

$150,500,000

$24,050,000

$2,500,000

$123,950,000

13

$331,330,000

$120,830,000

$22,870,000

$187,630,000

General Obligation

4

$22,075,000

$10,825,000

$2,725,000

$8,525,000

General Obligation-Class B

3

$24,000,000

$11,165,000

$1,325,000

$11,510,000

7

$46,075,000

$21,990,000

$4,050,000

$20,035,000

General Obligation

1

$9,075,000

$5,050,000

$1,225,000

$2,800,000

General Obligation-Class B

4

$40,965,000

$5,215,000

$5,070,000

$30,680,000

5

$50,040,000

$10,265,000

$6,295,000

$33,480,000

General Obligation

2

$49,890,000

$9,700,000

$7,375,000

$32,815,000

General Obligation-Class B

2

$80,000,000

$4,100,000

$1,375,000

$74,525,000

4

$129,890,000

$13,800,000

$8,750,000

$107,340,000

Totals for Paloma ESD
95 Queen Creek USD

Totals for Queen Creek USD

$99,952,838

$12,670,000

$967,450,583

$63,680,000

$189,227,616

$8,525,000

97 Deer Valley USD

Totals for Deer Valley USD
98 Fountain Hills USD

Totals for Fountain Hills USD
201 Buckeye UHSD

Totals for Buckeye UHSD

$119,327,636

$2,800,000

$363,395,447

$32,815,000

$1,026,607,635

$108,160,000

205 Glendale UHSD

Totals for Glendale UHSD
210 Phoenix UHSD
General Obligation

4

$213,390,000

$94,210,000

$11,020,000

$108,160,000

General Obligation-Class B

4

$257,105,000

$56,290,000

$4,180,000

$196,635,000

8

$470,495,000

$150,500,000

$15,200,000

$304,795,000

Totals for Phoenix UHSD

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

50

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

213 Tempe UHSD
7

$302,020,000

$148,715,000

$55,305,000

$98,000,000

7

$302,020,000

$148,715,000

$55,305,000

$98,000,000

General Obligation

7

$43,935,000

$19,630,000

$3,335,000

$20,970,000

General Obligation-Class B

4

$57,000,000

$3,950,000

$2,450,000

$50,600,000

11

$100,935,000

$23,580,000

$5,785,000

$71,570,000

General Obligation

6

$30,445,000

$10,005,000

$2,085,000

$18,355,000

General Obligation-Class B

4

$48,265,000

$8,150,000

$2,350,000

$37,765,000

10

$78,710,000

$18,155,000

$4,435,000

$56,120,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1

$2,015,000

$0

$0

$2,015,000

General Obligation

195

$3,222,804,000

$1,491,361,000

$330,655,000

$1,400,788,000

General Obligation-Class B

127

$2,579,145,000

$373,920,000

$120,875,000

$2,084,350,000

Grand Totals:

323

$5,803,964,000

$1,865,281,000

$451,530,000

$3,487,153,000

General Obligation
Totals for Tempe UHSD

$681,596,517

$98,000,000

$194,365,281

$20,970,000

$193,009,817

$18,355,000

214 Tolleson UHSD

Totals for Tolleson UHSD
216 Agua Fria UHSD

Totals for Agua Fria UHSD
401 East Valley Inst. Of Tech
Totals for East Valley Inst. Of Tech
Certificate of Participation

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

51

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Lake Havasu USD
General Obligation
Totals for Lake Havasu USD

5
5

$50,555,000
$50,555,000

$19,905,000
$19,905,000

$3,110,000
$3,110,000

$27,540,000
$27,540,000

2
2

$20,785,000
$20,785,000

$4,080,000
$4,080,000

$2,265,000
$2,265,000

$14,440,000
$14,440,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

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

$740,000
$740,000

$350,000
$350,000

$600,000
$600,000

1
1

$625,000
$625,000

$290,000
$290,000

$50,000
$50,000

$285,000
$285,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$967,000
$967,000

$105,000
$105,000

$115,000
$115,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

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

$580,000
$580,000

$95,000
$95,000

$1,210,000
$1,210,000

$297,526,329

$27,540,000

$3,744,611

$1,210,000

2 Colorado River UHSD
General Obligation-Class B
Totals for Colorado River UHSD
3 Hackberry ESD
Totals for Hackberry ESD
6 Owens ESD
Totals for Owens ESD
8 Peach Springs USD
General Obligation-Class B
Totals for Peach Springs USD
9 Littlefield ESD
General Obligation
Totals for Littlefield ESD

$3,993,476

$285,000

$5,355,245

$115,000

10 Fredonia-Moccasin USD
Totals for Fredonia-Moccasin USD
12 Topock ESD
General Obligation
Totals for Topock ESD
13 Yucca ESD
Totals for Yucca ESD
14 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

52

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

15 Bullhead City ESD
General Obligation
Totals for Bullhead City ESD

1
1

$2,820,000
$2,820,000

$3,442
$3,442

$631,172
$631,172

$2,185,386
$2,185,386

$68,868,965

$2,185,386

1
1

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

$0
$0

$905,000
$905,000

$8,060,000
$8,060,000

$42,315,941

$8,060,000

2
1
3

$10,425,000
$10,000,000
$20,425,000

$8,965,000
$0
$8,965,000

$715,000
$2,200,000
$2,915,000

$745,000
$7,800,000
$8,545,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

13

$76,462,000

$30,710,442

$5,611,172

$40,140,386

5

$32,475,000

$4,820,000

$4,815,000

$22,840,000

18

$108,937,000

$35,530,442

$10,426,172

$62,980,386

16 Mohave Valley ESD
General Obligation
Totals for Mohave Valley ESD
20 Kingman USD
General Obligation
General Obligation-Class B
Totals for Kingman USD

$185,593,719

$745,000

22 Valentine ESD
Totals for Valentine ESD
30 Mohave UHSD
Totals for Mohave UHSD
General Obligation
General Obligation-Class B
Grand Totals:

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

53

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Winslow USD
General Obligation
General Obligation-Class B
Totals for Winslow USD

2
1
3

$7,275,000
$35,000
$7,310,000

$2,603,960
$26,040
$2,630,000

$906,040
$8,960
$915,000

$3,765,000
$0
$3,765,000

$14,061,569

$3,765,000

1
1

$5,200,000
$5,200,000

$0
$0

$0
$0

$5,200,000
$5,200,000

1
1

$4,098,000
$4,098,000

$68,000
$68,000

$155,000
$155,000

$3,875,000
$3,875,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$6,300,000
$6,300,000

$525,000
$525,000

$240,000
$240,000

$5,535,000
$5,535,000

1
1

$3,150,000
$3,150,000

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

$525,000
$525,000

$550,000
$550,000

$25,690,874

$550,000

2
2

$19,135,000
$19,135,000

$10,055,000
$10,055,000

$850,000
$850,000

$8,230,000
$8,230,000

$55,923,083

$8,230,000

1
1

$17,795,000
$17,795,000

$840,000
$840,000

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

$15,715,000
$15,715,000

1
1

$4,800,000
$4,800,000

$870,000
$870,000

$320,000
$320,000

$3,610,000
$3,610,000

2
2

$5,240,000
$5,240,000

$4,535,000
$4,535,000

$705,000
$705,000

$0
$0

2 Joseph City USD
General Obligation-Class B
Totals for Joseph City USD
3 Holbrook USD
General Obligation-Class B
Totals for Holbrook USD
4 Pinon USD
Totals for Pinon USD
5 Snowflake USD
General Obligation-Class B
Totals for Snowflake USD
6 Heber-Overgaard USD
General Obligation
Totals for Heber-Overgaard USD
10 Show Low USD
General Obligation
Totals for Show Low USD
20 Whiteriver USD
Impact Aid Revenue
Totals for Whiteriver USD
25 Cedar USD
Impact Aid Revenue
Totals for Cedar USD
27 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

54

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

32 Blue Ridge USD
General Obligation
General Obligation-Class B
Totals for Blue Ridge USD

2
2
4

$22,585,000
$20,000,000
$42,585,000

$13,425,000
$0
$13,425,000

$1,180,000
$0
$1,180,000

$7,980,000
$20,000,000
$27,980,000

General Obligation

7

$52,145,000

$28,158,960

$3,461,040

$20,525,000

General Obligation-Class B

8

$40,873,000

$5,154,040

$1,108,960

$34,610,000

Impact Aid Revenue

2

$22,595,000

$1,710,000

$1,560,000

$19,325,000

17

$115,613,000

$35,023,000

$6,130,000

$74,460,000

Grand Totals:

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

$77,017,536

$7,980,000

55

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Tucson USD
General Obligation
General Obligation-Class B
Totals for Tucson USD

6
4
10

$439,985,000
$122,925,000
$562,910,000

$252,850,000
$7,600,000
$260,450,000

$24,315,000
$14,200,000
$38,515,000

$162,820,000
$101,125,000
$263,945,000

$1,030,740,923

4

$69,140,000

$29,600,000

$5,615,000

$33,925,000

$225,157,292

$33,925,000

4
8

$43,750,000
$112,890,000

$23,205,000
$52,805,000

$1,745,000
$7,360,000

$18,800,000
$52,725,000

2
2

$21,085,000
$21,085,000

$11,495,000
$11,495,000

$0
$0

$9,590,000
$9,590,000

$63,301,262

$9,590,000

3
1
4

$107,295,000
$20,000,000
$127,295,000

$50,555,000
$0
$50,555,000

$14,750,000
$0
$14,750,000

$41,990,000
$20,000,000
$61,990,000

$447,459,443

$41,990,000

5
5

$63,280,000
$63,280,000

$26,665,000
$26,665,000

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

$31,190,000
$31,190,000

$128,275,719

$31,190,000

2
2

$7,150,000
$7,150,000

$2,815,000
$2,815,000

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

$3,330,000
$3,330,000

$61,110,097

$3,330,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

5
3
8

$67,580,000
$18,810,000
$86,390,000

$47,130,000
$375,000
$47,505,000

$4,355,000
$560,000
$4,915,000

$16,095,000
$17,875,000
$33,970,000

$190,415,228

2
3
5

$10,800,000
$22,930,000
$33,730,000

$6,275,000
$2,780,000
$9,055,000

$1,260,000
$930,000
$2,190,000

$3,265,000
$19,220,000
$22,485,000

$124,395,255

*

$162,820,000

6 Marana USD
General Obligation
General Obligation-Class B
Totals for Marana USD
8 Flowing Wells USD
General Obligation
Totals for Flowing Wells USD
10 Amphitheater USD
General Obligation
General Obligation-Class B
Totals for Amphitheater USD
12 Sunnyside USD
General Obligation
Totals for Sunnyside USD
13 Tanque Verde USD
General Obligation
Totals for Tanque Verde USD
15 Ajo USD
Totals for Ajo USD
16 Catalina Foothills USD
General Obligation
General Obligation-Class B
Totals for Catalina Foothills USD

*

$16,095,000

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

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

$3,265,000

56

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

30 Sahuarita USD
2
2
4

$21,820,000
$19,000,000
$40,820,000

$10,650,000
$0
$10,650,000

$2,750,000
$0
$2,750,000

$8,420,000
$19,000,000
$27,420,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$6,400,000
$6,400,000

$0
$0

$4,495,000
$4,495,000

$1,905,000
$1,905,000

1
1

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

$4,715,000
$4,715,000

$1,239,957
$1,239,957

$7,150,043
$7,150,043

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

33

$814,535,000

$438,035,000

$63,970,000

$312,530,000

General Obligation-Class B

17

$247,415,000

$33,960,000

$17,435,000

$196,020,000

1

$13,105,000

$4,715,000

$1,239,957

$7,150,043

51

$1,075,055,000

$476,710,000

$82,644,957

$515,700,043

General Obligation
General Obligation-Class B
Totals for Sahuarita USD

$80,188,156

$8,420,000

35 San Fernando ESD
Totals for San Fernando ESD
37 Empire ESD
Totals for Empire ESD
39 Continental ESD
General Obligation
Totals for Continental ESD

$46,922,324

$1,905,000

40 Indian Oasis USD
Impact Aid Revenue
Totals for Indian Oasis USD
44 Redington ESD
Totals for Redington ESD
51 Altar Valley ESD
Totals for Altar Valley ESD

Impact Aid Revenue
Grand Totals:

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

57

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Florence USD
General Obligation-Class B
Totals for Florence USD

3
3

$34,300,000
$34,300,000

$500,000
$500,000

$3,695,000
$3,695,000

$30,105,000
$30,105,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$535,000
$535,000

$300,000
$300,000

$1,915,000
$1,915,000

1
3
4

$9,760,000
$23,975,000
$33,735,000

$0
$890,000
$890,000

$2,150,000
$4,710,000
$6,860,000

$7,610,000
$18,375,000
$25,985,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

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

$1,470,000
$1,470,000

$890,000
$890,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

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

$405,000
$405,000

$242,703
$242,703

$1,652,297
$1,652,297

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
2
5

$3,946,465
$27,955,000
$31,901,465

$461,465
$0
$461,465

$860,000
$485,000
$1,345,000

$2,625,000
$27,470,000
$30,095,000

2 Oracle ESD
Totals for Oracle ESD
3 Ray USD
General Obligation-Class B
Totals for Ray USD
4 Casa Grande ESD
General Obligation
General Obligation-Class B
Totals for Casa Grande ESD

$62,884,879

$7,610,000

5 Red Rock ESD
Totals for Red Rock ESD
8 Mammoth-San Manuel US
General Obligation
Totals for Mammoth-San Manuel USD

$5,638,588

$890,000

$4,878,860

$1,652,297

$83,866,269

$2,625,000

11 Eloy ESD
Totals for Eloy ESD
15 Superior USD
General Obligation
Totals for Superior USD
18 Sacaton ESD
Totals for Sacaton ESD
20 Maricopa USD
General Obligation
General Obligation-Class B
Totals for Maricopa USD

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

58

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

21 Coolidge USD
1
4
5

$735,000
$23,200,000
$23,935,000

$0
$1,915,000
$1,915,000

$200,000
$1,965,000
$2,165,000

$535,000
$19,320,000
$19,855,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$195,000
$195,000

$590,000
$590,000

$400,000
$400,000

1
1

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

$890,000
$890,000

$310,000
$310,000

$0
$0

6
3
9

$61,990,000
$48,775,000
$110,765,000

$31,435,000
$12,525,000
$43,960,000

$4,767,408
$1,527,592
$6,295,000

$25,787,592
$34,722,408
$60,510,000

2
2

$12,100,000
$12,100,000

$0
$0

$630,000
$630,000

$11,470,000
$11,470,000

1
1
2

$7,600,000
$20,155,000
$27,755,000

$1,420,000
$0
$1,420,000

$2,441,000
$0
$2,441,000

$3,739,000
$20,155,000
$23,894,000

$85,886,394

$3,739,000

2
2

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

$2,930,000
$2,930,000

$1,070,000
$1,070,000

$2,475,000
$2,475,000

$14,369,894

$2,475,000

General Obligation

18

$98,276,465

$39,451,465

$13,511,111

$45,313,889

General Obligation-Class B

20

$194,395,000

$16,560,000

$13,902,592

$163,932,408

Grand Totals:

38

$292,671,465

$56,011,465

$27,413,703

$209,246,297

General Obligation
General Obligation-Class B
Totals for Coolidge USD

$71,439,871

$535,000

$136,489,787

$25,787,592

22 Toltec ESD
Totals for Toltec ESD
24 Stanfield ESD
General Obligation-Class B
Totals for Stanfield ESD
33 Picacho ESD
General Obligation
Totals for Picacho ESD
43 Apache Junction USD
General Obligation
General Obligation-Class B
Totals for Apache Junction USD
44 J O Combs USD
General Obligation-Class B
Totals for J O Combs USD
102 Casa Grande UHSD
General Obligation
General Obligation-Class B
Totals for Casa Grande UHSD
109 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

59

TABLE 16
SANTA CRUZ COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Nogales USD
1
1

$530,000
$530,000

$490,000
$490,000

$20,000
$20,000

$20,000
$20,000

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

General Obligation
General Obligation-Class B
Totals for Santa Cruz Valley USD

3
2
5

$25,210,000
$10,000,000
$35,210,000

$18,020,000
$0
$18,020,000

$3,505,000
$0
$3,505,000

$3,685,000
$10,000,000
$13,685,000

General Obligation

4

$25,740,000

$18,510,000

$3,525,000

$3,705,000

General Obligation-Class B

2

$10,000,000

$0

$0

$10,000,000

Grand Totals:

6

$35,740,000

$18,510,000

$3,525,000

$13,705,000

General Obligation
Totals for Nogales USD

$41,310,661 *

$20,000

6 Patagonia ESD
Totals for Patagonia ESD
20 Patagonia UHSD
Totals for Patagonia UHSD
25 Sonoita ESD
Totals for Sonoita ESD
28 Santa Cruz ESD
Totals for Santa Cruz ESD
35 Santa Cruz Valley USD

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

$43,901,977

$3,685,000

60

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Prescott USD
General Obligation
General Obligation-Class B
Totals for Prescott USD

1
2
3

$8,125,000
$18,700,000
$26,825,000

$7,925,000
$915,000
$8,840,000

$200,000
$1,140,000
$1,340,000

$0
$16,645,000
$16,645,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$175,000
$175,000

$14,825,000
$14,825,000

2
2

$5,195,000
$5,195,000

$3,495,000
$3,495,000

$835,000
$835,000

$865,000
$865,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$0
$0

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2 Williamson Valley ESD
Totals for Williamson Valley ESD
3 Clarkdale-Jerome ESD
Totals for Clarkdale-Jerome ESD
4 Mingus UHSD
General Obligation-Class B
Totals for Mingus UHSD
6 Cottonwood-Oak Creek ES
General Obligation
Totals for Cottonwood-Oak Creek ESD

$45,005,881

$865,000

7 Walnut Grove ESD
Totals for Walnut Grove ESD
9 Sedona-Oak Creek USD
General Obligation-Class B
Totals for Sedona-Oak Creek USD
14 Champie ESD
Totals for Champie ESD
15 Skull Valley ESD
Totals for Skull Valley ESD
17 Congress ESD
Totals for Congress ESD

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

61

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

22 Humboldt USD
General Obligation
General Obligation-Class B
Totals for Humboldt USD

4
2
6

$27,830,000
$41,000,000
$68,830,000

$11,490,000
$0
$11,490,000

$2,070,000
$420,000
$2,490,000

$14,270,000
$40,580,000
$54,850,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$1,990,000
$1,990,000

$980,000
$980,000

$120,000
$120,000

$890,000
$890,000

2
2

$9,525,000
$9,525,000

$8,170,000
$8,170,000

$750,000
$750,000

$605,000
$605,000

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

$1,530,000
$1,530,000

$220,000
$220,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$0
$0

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$135,403,545

$14,270,000

$26,691,144

$605,000

23 Kirkland ESD
Totals for Kirkland ESD
26 Beaver Creek ESD
General Obligation
Totals for Beaver Creek ESD

$6,649,412

$890,000

28 Camp Verde USD
General Obligation
Totals for Camp Verde USD
31 Ash Fork USD
Totals for Ash Fork USD
35 Hillside ESD
Totals for Hillside ESD
40 Seligman USD
General Obligation
Totals for Seligman USD
41 Crown King ESD
Totals for Crown King ESD
43 Mayer USD
General Obligation-Class B
Totals for Mayer USD
50 Canon ESD
Totals for Canon ESD

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

62

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

51 Chino Valley USD
General Obligation
Totals for Chino Valley USD

3
3

$10,220,000
$10,220,000

$3,590,000
$3,590,000

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

$5,590,000
$5,590,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

15

$64,635,000

$37,180,000

$5,235,000

$22,220,000

7

$101,700,000

$915,000

$1,735,000

$99,050,000

22

$166,335,000

$38,095,000

$6,970,000

$121,270,000

$55,456,778

$5,590,000

52 Yarnell ESD
Totals for Yarnell ESD
General Obligation
General Obligation-Class B
Grand Totals:

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

63

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Yuma ESD
General Obligation
Totals for Yuma ESD

3
3

$25,025,000
$25,025,000

$6,840,000
$6,840,000

$2,110,000
$2,110,000

$16,075,000
$16,075,000

$111,763,114

$16,075,000

2
2
4

$810,000
$4,075,000
$4,885,000

$635,000
$560,000
$1,195,000

$0
$0
$0

$175,000
$3,515,000
$3,690,000

$7,189,728

$175,000

2
3
5

$9,055,000
$14,350,000
$23,405,000

$4,320,000
$245,000
$4,565,000

$105,000
$1,150,000
$1,255,000

$4,630,000
$12,955,000
$17,585,000

$31,868,981

$4,630,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$2,050,000
$2,050,000

$825,000
$825,000

$110,000
$110,000

$1,115,000
$1,115,000

$2,694,447

$1,115,000

1
1

$1,400,000
$1,400,000

$835,000
$835,000

$95,000
$95,000

$470,000
$470,000

$3,096,461

$470,000

5
5

$1,825,000
$1,825,000

$900,000
$900,000

$30,000
$30,000

$895,000
$895,000

$8,176,971

$895,000

1
1

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

$0
$0

$0
$0

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

1
2
3

$9,145,000
$60,690,000
$69,835,000

$4,785,000
$7,710,000
$12,495,000

$0
$5,365,000
$5,365,000

$4,360,000
$47,615,000
$51,975,000

$158,548,794

$4,360,000

11 Somerton ESD
General Obligation
General Obligation-Class B
Totals for Somerton ESD
13 Crane ESD
General Obligation
General Obligation-Class B
Totals for Crane ESD
16 Hyder ESD
Totals for Hyder ESD
17 Mohawk Valley ESD
General Obligation
Totals for Mohawk Valley ESD
24 Wellton ESD
General Obligation
Totals for Wellton ESD
32 Gadsden ESD
General Obligation
Totals for Gadsden ESD
50 Antelope UHSD
General Obligation-Class B
Totals for Antelope UHSD
70 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

64

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2008 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

General Obligation
General Obligation-Class B
Grand Totals:

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

15

$49,310,000

$19,140,000

$2,450,000

$27,720,000

8

$81,465,000

$8,515,000

$6,515,000

$66,435,000

23

$130,775,000

$27,655,000

$8,965,000

$94,155,000

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

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

65

TABLE 19
OUTSTANDING CLASS B GENERAL OBLIGATION INDEBTEDNESS AS OF JUNE 30, 2008
BY SCHOOL DISTRICT
SCHOOL DISTRICT
Concho ESD
Window Rock USD
Round Valley USD
Benson USD
Flagstaff USD
Payson USD
Safford USD
Pima USD
Morenci USD
Phoenix ESD
Riverside ESD
Tempe ESD
Mesa USD
Washington ESD
Wilson ESD
Osborn ESD
Wickenburg USD
Peoria USD
Tolleson ESD
Murphy ESD
Gila Bend USD
Liberty ESD
Kyrene ESD
Buckeye ESD
Madison ESD
Glendale ESD
Gilbert USD
Avondale ESD
Fowler ESD
Arlington ESD
Scottsdale USD
Palo Verde ESD
Laveen ESD
Higley USD
Union ESD
Littleton ESD
Roosevelt ESD
Paradise Valley USD
Litchfield ESD
Chandler USD
Nadaburg ESD
Dysart USD
Saddle Mountain USD
Pendergast ESD
Cave Creek USD
Queen Creek USD
Deer Valley USD
Fountain Hills USD
Buckeye UHSD
Glendale UHSD
Phoenix UHSD

COUNTY
Apache
Apache
Apache
Cochise
Coconino
Gila
Graham
Graham
Greenlee
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa

CLASS B DEBT
LIMIT
$1,324,672
$3,637,500
$20,791,295
$6,369,938
$118,135,809
$28,409,219
$5,998,444
$1,172,102
$26,284,549
$42,742,344
$18,135,361
$97,393,432
$401,995,340
$96,270,463
$7,424,784
$30,419,022
$16,588,950
$207,376,540
$9,732,838
$7,081,321
$8,998,267
$13,518,465
$129,805,407
$11,702,136
$67,953,718
$24,861,353
$232,036,022
$20,792,845
$13,415,379
$12,678,334
$618,308,012
$1,980,231
$14,648,625
$58,533,700
$4,358,217
$15,539,291
$43,180,719
$409,728,092
$43,543,761
$268,884,610
$5,178,372
$153,985,696
$88,537,636
$21,742,702
$237,426,821
$33,317,613
$322,483,528
$63,075,872
$39,775,879
$121,131,816
$342,202,545

CLASS B DEBT
LIMIT USED
$1,190,000
$3,245,000
$5,000,000
$6,365,000
$10,000,000
$20,000,000
$4,085,000
$1,170,000
$1,855,000
$18,575,000
$14,510,000
$69,165,000
$165,510,000
$31,045,000
$6,480,000
$26,150,000
$1,885,000
$112,175,000
$5,495,000
$4,000,000
$5,015,000
$8,835,000
$64,000,000
$10,370,000
$30,085,000
$15,625,000
$162,900,000
$19,510,000
$12,740,000
$1,695,000
$182,110,000
$1,150,000
$9,900,000
$55,395,000
$640,000
$13,260,000
$20,000,000
$139,610,000
$20,000,000
$114,955,000
$1,805,000
$134,540,000
$15,390,000
$16,330,000
$20,000,000
$27,835,000
$123,950,000
$11,510,000
$30,680,000
$74,525,000
$196,635,000
66

TABLE 19
OUTSTANDING CLASS B GENERAL OBLIGATION INDEBTEDNESS AS OF JUNE 30, 2008
BY SCHOOL DISTRICT
SCHOOL DISTRICT
Tolleson UHSD
Agua Fria UHSD
Colorado River UHSD
Peach Springs USD
Kingman USD
Joseph City USD
Holbrook USD
Snowflake USD
Blue Ridge USD
Tucson USD
Marana USD
Amphitheater USD
Catalina Foothills USD
Vail USD
Sahuarita USD
Florence USD
Ray USD
Casa Grande ESD
Maricopa USD
Coolidge USD
Stanfield ESD
Apache Junction USD
J O Combs USD
Casa Grande UHSD
Santa Cruz Valley USD
Prescott USD

COUNTY
Maricopa
Maricopa
Mohave
Mohave
Mohave
Navajo
Navajo
Navajo
Navajo
Pima
Pima
Pima
Pima
Pima
Pima
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Santa Cruz
Yavapai

CLASS B DEBT
LIMIT
$64,788,427
$64,336,606
$38,846,717
$1,320,557
$61,864,573
$12,543,346
$4,290,808
$8,321,546
$25,672,512
$343,603,459
$75,052,431
$149,153,148
$63,476,446
$41,465,085
$26,729,385
$32,841,402
$3,308,341
$20,961,626
$27,955,423
$23,813,290
$2,824,153
$45,496,596
$12,103,356
$28,628,798
$14,633,992
$90,582,725

CLASS B DEBT
LIMIT USED
$50,600,000
$37,765,000
$14,440,000
$600,000
$7,800,000
$5,200,000
$3,875,000
$5,535,000
$20,000,000
$101,125,000
$18,800,000
$20,000,000
$17,875,000
$19,220,000
$19,000,000
$30,105,000
$1,915,000
$18,375,000
$27,470,000
$19,320,000
$400,000
$34,722,408
$11,470,000
$20,155,000
$10,000,000
$16,645,000

67

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2008, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Scottsdale USD
Paradise Valley USD
Phoenix UHSD
Mesa USD
Tucson USD
Peoria USD
Gilbert USD
Deer Valley USD
Chandler USD
Dysart USD
Washington ESD
Tempe ESD
Glendale UHSD
Kyrene ESD
Tempe UHSD
Tolleson UHSD
Madison ESD
Amphitheater USD
Apache Junction USD
Higley USD
Agua Fria UHSD
Humboldt USD
Marana USD
Yuma UHSD
Phoenix ESD
Osborn ESD
Queen Creek USD
Roosevelt ESD
Catalina Foothills USD
Buckeye UHSD
Sunnyside USD
Florence USD
Maricopa USD
Litchfield ESD
Blue Ridge USD
Lake Havasu USD
Sahuarita USD
Alhambra ESD
Avondale ESD
Casa Grande ESD
Sedona-Oak Creek USD
Casa Grande UHSD
Glendale ESD
Cave Creek USD
Vail USD
Payson USD
Fountain Hills USD
Coolidge USD
Wickenburg USD
Pendergast ESD
Crane ESD

COUNTY
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Pinal
Maricopa
Maricopa
Yavapai
Pima
Yuma
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Pima
Pinal
Pinal
Maricopa
Navajo
Mohave
Pima
Maricopa
Maricopa
Pinal
Yavapai
Pinal
Maricopa
Maricopa
Pima
Gila
Maricopa
Pinal
Maricopa
Maricopa
Yuma

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$330,305,000
$13,122
6
$329,440,000
$10,174
17
$304,795,000
$12,348
10
$266,770,000
$3,949
66
$263,945,000
$4,753
55
$241,348,000
$6,567
39
$206,630,000
$5,659
45
$187,630,000
$5,371
47
$159,525,000
$4,720
57
$150,360,000
$6,835
33
$111,255,000
$4,921
51
$110,975,000
$9,129
20
$107,340,000
$7,227
30
$101,010,000
$5,933
43
$98,000,000
$7,563
28
$71,570,000
$8,412
24
$62,405,000
$12,357
9
$61,990,000
$3,945
67
$60,510,000
$10,685
15
$57,410,000
$6,551
40
$56,120,000
$9,585
18
$54,850,000
$8,958
22
$52,725,000
$4,225
64
$51,975,000
$4,855
52
$51,240,000
$6,859
32
$45,405,000
$13,647
5
$40,505,000
$9,206
19
$39,070,000
$3,314
81
$33,970,000
$7,605
27
$33,480,000
$10,941
12
$31,190,000
$1,873
104
$30,105,000
$4,789
53
$30,095,000
$5,880
44
$28,565,000
$3,202
83
$27,980,000
$11,020
11
$27,540,000
$4,520
60
$27,420,000
$6,667
37
$27,340,000
$1,925
103
$27,035,000
$4,433
61
$25,985,000
$3,633
72
$25,000,000
$18,155
2
$23,894,000
$7,320
29
$23,865,000
$1,831
105
$22,795,000
$4,041
65
$22,485,000
$2,647
92
$21,640,000
$8,775
23
$20,035,000
$8,988
21
$19,855,000
$4,280
63
$18,870,000
$16,655
4
$18,225,000
$1,763
109
$17,585,000
$2,969
88
68

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2008, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Prescott USD
Yuma ESD
Whiteriver USD
Page USD
Saddle Mountain USD
Mingus USHD
Littleton ESD
Riverside ESD
Colorado River UHSD
Santa Cruz Valley USD
Fowler ESD
Flagstaff USD
Laveen ESD
JO Combs USD
Buckeye ESD
Balsz ESD
Flowing Wells USD
Ganado USD
Liberty ESD
Kingman USD
Show Low USD
Mohave Valley ESD
Wilson ESD
Indian Oasis USD
Tolleson ESD
Creighton ESD
Benson USD
Sierra Vista USD
Safford USD
Chino Valley USD
Snowflake USD
Joseph City USD
Tuba City USD
Gila Bend USD
Round Valley USD
Red Mesa USD
Murphy ESD
Holbrook USD
Winslow USD
Somerton ESD
Cedar USD
Tanque Verde USD
Window Rock USD
Isaac ESD
Globe USD
Santa Cruz Valley UHSD
Antelope UHSD
Thatcher USD
Duncan USD
Bullhead City ESD
Bisbee USD

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

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$16,645,000
$3,142
84
$16,075,000
$1,644
115
$15,715,000
$7,921
26
$15,525,000
$5,585
46
$15,390,000
$10,846
13
$14,825,000
$12,479
8
$14,510,000
$3,110
86
$14,510,000
$18,092
3
$14,440,000
$5,987
42
$13,685,000
$3,785
69
$13,530,000
$3,102
87
$13,185,000
$1,258
120
$11,625,000
$2,644
93
$11,470,000
$3,116
85
$11,060,000
$2,647
91
$10,200,000
$3,228
82
$9,590,000
$1,796
107
$9,205,000
$5,361
49
$8,835,000
$2,465
96
$8,545,000
$1,205
121
$8,230,000
$3,493
78
$8,060,000
$4,306
62
$7,430,000
$6,070
41
$7,150,043
$8,107
25
$6,995,000
$2,458
97
$6,805,000
$944
124
$6,365,000
$6,903
31
$6,310,000
$1,030
122
$5,735,000
$2,025
100
$5,590,000
$2,102
99
$5,535,000
$2,239
98
$5,200,000
$10,811
14
$5,020,000
$2,552
95
$5,015,000
$12,632
7
$5,000,000
$3,626
73
$4,615,000
$5,016
50
$4,000,000
$1,715
110
$3,875,000
$2,009
101
$3,765,000
$1,651
113
$3,690,000
$1,451
116
$3,610,000
$10,256
16
$3,330,000
$2,564
94
$3,245,000
$1,338
118
$2,640,000
$352
135
$2,510,000
$1,389
117
$2,475,000
$4,705
58
$2,350,000
$6,676
36
$2,340,000
$1,831
106
$2,260,000
$5,368
48
$2,185,386
$620
128
$2,100,000
$2,668
90
69

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2008, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Bicentennial UHSD
Mayer USD
Grand Canyon USD
Ray USD
Continental ESD
Hayden-Winkelman USD
Morenci USD
Nadaburg ESD
Douglas USD
Arlington ESD
Superior USD
St David USD
Colorado City USD
Concho ESD
Pima USD
Palo Verde ESD
Mohawk Valley ESD
Quartzsite ESD
Gadsden ESD
Mammoth-San Manuel USD
Beaver Creek ESD
Cottonwood-Oak Creek ESD
Valley UHSD
Union ESD
Camp Verde USD
Peach Springs USD
Heber-Overgaard USD
Wellton ESD
Williams USD
Clifton USD
Stanfield ESD
Littlefield ESD
Salome ESD
Topock ESD
San Carlos USD
Nogales USD

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

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$2,030,000
$18,288
1
$2,000,000
$3,929
68
$1,920,000
$6,713
35
$1,915,000
$3,432
79
$1,905,000
$3,656
71
$1,865,400
$4,747
56
$1,855,000
$1,683
112
$1,805,000
$1,794
108
$1,770,000
$452
131
$1,695,000
$6,595
38
$1,652,297
$3,553
75
$1,645,000
$3,530
76
$1,210,000
$3,497
77
$1,190,000
$4,577
59
$1,170,000
$1,650
114
$1,150,000
$2,674
89
$1,115,000
$6,799
34
$980,000
$3,784
70
$895,000
$198
136
$890,000
$791
126
$890,000
$1,991
102
$865,000
$361
134
$700,000
$4,762
54
$640,000
$381
133
$605,000
$449
132
$600,000
$3,614
74
$550,000
$1,028
123
$470,000
$1,295
119
$450,000
$643
127
$435,000
$3,425
80
$400,000
$585
129
$285,000
$536
130
$170,000
$1,700
111
$115,000
$833
125
$110,000
$94
137
$20,000
$3
138

70

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 21 through 35.
Special district debt has been reported in
thirteen of the fifteen counties. Of the 546
known special districts, reports have been
received on the presence or absence of
bonded indebtedness for 509 special
districts.
The following table shows the outstanding
debt at the end of FY2007/08 and the
outstanding debt at the end of FY2006/07
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

FY08
$7.6
$1.0
$34.6
$0.2
$0.0
$0.0
$1.9
$626.9
$103.3
$14.3
$302.7
$221.0
$3.8
$86.6
$76.0

FY07
$8.2
$1.3
$38.1
$0.2
$0.0
$0.0
$2.3
$497.4
$62.9
$15.5
$291.0
$158.2
$3.2
$88.2
$35.8

# 08
4
1
17
2
0
0
2
46
8
18
16
20
1
19
7

# 07
5
1
17
2
0
0
2
45
8
17
13
18
1
19
7

The total outstanding debt for the 161
special districts reporting debt as of June 30,
2008 was $1,479.9 million. (Do not try to
compare this number with the $1,202.3
million reported last year. Some districts
that reported last year did not report this
year and vice versa.) The remaining 348
special districts reported that they had no
outstanding bonded indebtedness. Tables
21 through 35 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, 2008.
However, the year-end balances should
reflect any July 1, 2008 payments if the
amount has been deposited into a dedicated
fund for the payment of the principal.

71

72

TABLE 21
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

1

$7,190,000

$0

$300,000

$6,890,000

1

$7,190,000

$0

$300,000

$6,890,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$88,000

$80,000

$8,000

$0

1

$88,000

$80,000

$8,000

$0

1
1

$690,000
$690,000

$225,000
$225,000

$55,000
$55,000

$410,000
$410,000

1

$575,000

$365,000

$66,000

$144,000

1

$575,000

$365,000

$66,000

$144,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$1,167,000

$907,000

$85,000

$175,000

1

$1,167,000

$907,000

$85,000

$175,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Apache County Jail District
Totals for Apache County Jail District
Apache County Library District
General Obligation
Totals for Apache County Library District
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
Totals for Northern Apache County Health Care
Ojo Bonito Estates Domestic WID
Totals for Ojo Bonito Estates Domestic WID

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
White Mountain Health Care District
Totals for White Mountain Health Care District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

73

TABLE 21
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

General Obligation

2

$7,880,000

$225,000

$355,000

$7,300,000

Special Assessment

3

$1,830,000

$1,352,000

$159,000

$319,000

Grand Totals:

5

$9,710,000

$1,577,000

$514,000

$7,619,000

74

TABLE 22
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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 Fire District
Totals for Bowie Fire District
Bowie Light District
Totals for Bowie Light District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Carmel Light District
Totals for Carmel Light District
Cochise County Flood Control
Totals for Cochise County Flood Control

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Cochise County Library District
Totals for Cochise County Library District
Elfrida Fire District
Totals for Elfrida Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Fry Fire District
Totals for Fry 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 Light District
Totals for Naco Light 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

$2,430,000

$305,000

$1,035,000

1

$3,770,000

$2,430,000

$305,000

$1,035,000

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
PBW Fire District
Totals for PBW Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

75

TABLE 22
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

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 WID
Totals for Pomerene Domestic WID

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Pomerene Fire District
Totals for Pomerene Fire District
San Jose Fire District
Totals for San Jose Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

San Pedro Valley Hospital District
Totals for San Pedro Valley Hospital 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

$2,430,000

$305,000

$1,035,000

Grand Totals:

1

$3,770,000

$2,430,000

$305,000

$1,035,000

Totals for Whetstone Fire District

76

TABLE 23
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

$143,831
$143,831

$17,800
$17,800

$69,583
$69,583

Buckboard Trail Improvement District
Special Assessment
Totals for Buckboard Trail Improvement District
Coconino County Flood Control
Totals for Coconino County Flood Control

0

$0

$0

$0

$0

0

$0

$0

$0

$0

2
2

$24,760,000
$24,760,000

$14,325,000
$14,325,000

$2,095,000
$2,095,000

$8,340,000
$8,340,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$19,795,000

$456,000

$82,000

$19,257,000

2

$19,795,000

$456,000

$82,000

$19,257,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Flagstaff Ranch Fire District
Totals for Flagstaff Ranch Fire District
Flagstaff Special Districts
Special Assessment
Totals for Flagstaff Special Districts
Forest Lakes Domestic WID
Totals for Forest Lakes Domestic WID
Forest Lakes Fire District
Totals for Forest Lakes Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Fort Valley Fire District
Totals for Fort Valley 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
Junipine Fire District
Totals for Junipine Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Kachina Trail Improvement District
Totals for Kachina Trail Improvement District
Kachina Village Improvement District
Totals for Kachina Village Improvement District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

77

TABLE 23
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

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

$134,039

$40,173

$113,369

1

$287,581

$134,039

$40,173

$113,369

1
1

$63,800
$63,800

$55,100
$55,100

$4,400
$4,400

$4,300
$4,300

1

$243,105

$102,537

$35,044

$105,524

1

$243,105

$102,537

$35,044

$105,524

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$1,150,000

$690,000

$50,000

$410,000

1

$1,150,000

$690,000

$50,000

$410,000

1
1

$167,600
$167,600

$96,600
$96,600

$19,200
$19,200

$51,800
$51,800

Kaibab Estates West Fire District
Totals for Kaibab Estates West Fire District
Kiowa-Comanche Improvement
Special Assessment
Totals for Kiowa-Comanche Improvement
Linda Lane Road Improvement
Special Assessment
Totals for Linda Lane Road Improvement
Lupine Road Improvement District
Special Assessment
Totals for Lupine Road Improvement District
Mormon Lake Fire District
Totals for Mormon Lake Fire District
Northside Sewer Improvement District
Special Assessment
Totals for Northside Sewer Improvement District
Oakwood Pines Improvement District
Special Assessment
Totals for Oakwood Pines Improvement District
Page Hospital District
Totals for Page Hospital District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$212,597
$212,597

$103,157
$103,157

$40,557
$40,557

$68,883
$68,883

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

$3,032,400
$3,032,400

$555,000
$555,000

$2,162,600
$2,162,600

Pinewood Sanitary District
Special Assessment
Totals for Pinewood Sanitary District
Pinon County Improvement District
Special Assessment
Totals for Pinon County Improvement District

1

$174,674

$83,093

$25,324

$66,257

1

$174,674

$83,093

$25,324

$66,257

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$382,917

$171,489

$20,040

$191,388

1

$382,917

$171,489

$20,040

$191,388

Ponderosa Fire District
Totals for Ponderosa Fire District
Rio-Arroyo Improvement District
Special Assessment
Totals for Rio-Arroyo Improvement District

78

TABLE 23
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Rodeo Drive Improvement District
Special Assessment
Totals for Rodeo Drive Improvement District

1

$39,500

$36,079

$1,358

$2,063

1

$39,500

$36,079

$1,358

$2,063

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Rudd Tank Road Improvement
Totals for Rudd Tank Road Improvement
Sherwood Forest Estates Fire District
Totals for Sherwood Forest Estates Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$59,050
$59,050

$28,788
$28,788

$4,995
$4,995

$25,267
$25,267

1

$4,500,000

$2,275,691

$248,492

$1,975,817

1

$4,500,000

$2,275,691

$248,492

$1,975,817

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$2,590,000

$660,000

$240,000

$1,690,000

1

$2,590,000

$660,000

$240,000

$1,690,000

1
1

$73,911
$73,911

$10,485
$10,485

$23,369
$23,369

$40,057
$40,057

Shoshone County Improvement
Special Assessment
Totals for Shoshone County Improvement
South Grand Canyon Sanitary District
Special Assessment
Totals for South Grand Canyon Sanitary District
Summit Fire District
Totals for Summit Fire District
Toho Tolani Improvement District
Special Assessment
Totals for Toho Tolani Improvement District
Tonawanda County Improvement
Special Assessment
Totals for Tonawanda County Improvement
Tusayan Fire District
Totals for Tusayan Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Williams Facilities District
Totals for Williams Facilities District
Williams Hospital District
0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$24,760,000

$14,325,000

$2,095,000

$8,340,000

Special Assessment

17

$35,720,949

$8,079,289

$1,407,752

$26,233,908

Grand Totals:

19

$60,480,949

$22,404,289

$3,502,752

$34,573,908

Totals for Williams Hospital District
Woods Fire District
Totals for Woods Fire District
Revenue

79

TABLE 24
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

Canyon Fire District
Totals for Canyon Fire District
Canyon Improvement District
Revenue
Totals for Canyon Improvement District

1

$200,000

$6,000

$2,000

$192,000

1

$200,000

$6,000

$2,000

$192,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Christopher-Kohl's Fire District
Totals for Christopher-Kohl's Fire District
East Verde Park Fire District
Totals for East Verde Park Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Gila County Library District
Totals for Gila County Library District
Gisela Valley Fire District
Totals for Gisela Valley Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Hellsgate Fire District
Totals for Hellsgate 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

80

TABLE 24
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Rim Trail #1 Water District
Special Assessment
Totals for Rim Trail #1 Water District

1

$183,300

$175,712

$474

$7,114

1

$183,300

$175,712

$474

$7,114

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Rim Trail #2 Water District
Totals for Rim Trail #2 Water District
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

Revenue

1

$200,000

$6,000

$2,000

$192,000

Special Assessment

1

$183,300

$175,712

$474

$7,114

Grand Totals:

2

$383,300

$181,712

$2,474

$199,114

Totals for Tri-City Fire District

81

TABLE 25
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN GRAHAM COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

Fort Thomas Fire District
Totals for Fort Thomas Fire District
Gila Valley Irrigation District
Totals for Gila Valley Irrigation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Graham County Flood Control District
Totals for Graham County Flood Control District
Mt. Graham Hospital District
Totals for Mt. Graham Hospital District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Pima Rural Fire District
Totals for Pima Rural Fire District
Safford Rural Fire District
Totals for Safford Rural Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

82

TABLE 26
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN GREENLEE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

83

TABLE 27
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN LA PAZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Buckskin Fire District
Totals for Buckskin Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

2
2

$3,067,710
$3,067,710

$1,134,494
$1,134,494

$163,901
$163,901

$1,769,315
$1,769,315

Buckskin Sanitary District
Special Assessment
Totals for Buckskin Sanitary District
Cibola Valley Irrigation District
Totals for Cibola Valley Irrigation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Ehrenberg Fire District
Totals for Ehrenberg Fire District
La Paz County Hospital District
Totals for La Paz County Hospital District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$1,330,000
$1,330,000

$940,000
$940,000

$245,000
$245,000

$145,000
$145,000

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

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

McMullen Valley Water Conservation & Drainage
Totals for McMullen Valley Water Conservation
Wenden Domestic WID
0

$0

$0

$0

$0

0

$0

$0

$0

$0

Certificate of Participation

1

$1,330,000

$940,000

$245,000

$145,000

Special Assessment

2

$3,067,710

$1,134,494

$163,901

$1,769,315

Grand Totals:

3

$4,397,710

$2,074,494

$408,901

$1,914,315

Totals for Wenden Domestic WID

84

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

#K100 Marquerite Drive
Special Assessment
Totals for #K100 Marquerite Drive

1

$60,670

$52,105

$0

$8,565

1

$60,670

$52,105

$0

$8,565

1
1

$60,059
$60,059

$27,236
$27,236

$6,006
$6,006

$26,817
$26,817

#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

$271,973

$3,040

$26,947

1

$301,960

$271,973

$3,040

$26,947

#K90 Grandview Manor
Totals for #K90 Grandview Manor
#K91 Queen Creek Water
Special Assessment
Totals for #K91 Queen Creek Water

85

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

#K92 Fairview Lane
Totals for #K92 Fairview Lane

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

#K93 East Fairview Lane
Totals for #K93 East Fairview Lane
#K94 White Fence
Totals for #K94 White Fence

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$301,905

$279,841

$4,916

$17,148

1

$301,905

$279,841

$4,916

$17,148

1
1

$14,004
$14,004

$12,955
$12,955

$1,049
$1,049

$0
$0

#K95 104th Place / University
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
Totals for Adaman Irrigation Water Delivery

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

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

$0
$0

$0
$0

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

Agua Fria Ranch CFD
General Obligation
Totals for Agua Fria Ranch CFD
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

$1,062,281

$191,102

$3,117,617

1

$4,371,000

$1,062,281

$191,102

$3,117,617

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

86

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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 & Draina

0

$0

$0

$0

$0

0

$0

$0

$0

$0

3
3

$3,985,000
$3,985,000

$40,000
$40,000

$70,000
$70,000

$3,875,000
$3,875,000

Centerra Community Facilities District
General Obligation
Totals for Centerra Community Facilities District
Circle City/Morristown Fire District
Totals for Circle City/Morristown Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Citrus Gardens Irrigation WDD
Totals for Citrus Gardens Irrigation WDD
Cortina Community Facilities District
2

$2,655,000

$25,000

$60,000

$2,570,000

2

$2,655,000

$25,000

$60,000

$2,570,000

2
2

$3,085,000
$3,085,000

$110,000
$110,000

$75,000
$75,000

$2,900,000
$2,900,000

1

$32,276

$25,821

$3,227

$3,228

1

$32,276

$25,821

$3,227

$3,228

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

2

$15,250,000

$1,500,000

$375,000

$13,375,000

Special Assessment

1

$4,750,000

$485,000

$175,000

$4,090,000

3

$20,000,000

$1,985,000

$550,000

$17,465,000

1
1

$4,555,000
$4,555,000

$300,000
$300,000

$185,000
$185,000

$4,070,000
$4,070,000

General Obligation
Totals for Cortina Community Facilities District
Cottonflower CFD
General Obligation
Totals for Cottonflower CFD
Cottonwoods Improvement District
Special Assessment
Totals for Cottonwoods Improvement District
Daisy Mountain Fire District
Totals for Daisy Mountain Fire District
DC Ranch CFD

Totals for DC Ranch CFD
Eagle Mountain Community Facilities District
Special Assessment
Totals for Eagle Mountain Community Facilities
East Morningside Irrigation WDD
Totals for East Morningside Irrigation WDD

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Electrical District #5
Totals for Electrical District #5
Electrical District #7
Totals for Electrical District #7

0

$0

$0

$0

$0

0

$0

$0

$0

$0
87

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Electrical District #8
Totals for Electrical District #8

0

$0

$0

$0

$0

0

$0

$0

$0

$0

Estrella Mountain Ranch CFD
General Obligation
Special Assessment
Totals for Estrella Mountain Ranch CFD

2

$17,755,000

$135,000

$95,000

$17,525,000

4
6

$27,646,000
$45,401,000

$1,837,000
$1,972,000

$1,288,000
$1,383,000

$24,521,000
$42,046,000

1

$1,535,000

$0

$50,000

$1,485,000

4
5

$5,900,000
$7,435,000

$0
$0

$99,000
$149,000

$5,801,000
$7,286,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

5
1

$13,900,000
$6,670,000

$560,000
$3,519,000

$260,000
$932,000

$13,080,000
$2,219,000

6

$20,570,000

$4,079,000

$1,192,000

$15,299,000

6
6

$54,580,000
$54,580,000

$995,000
$995,000

$450,000
$450,000

$53,135,000
$53,135,000

Festival Ranch Community Facilities District
General Obligation
Special Assessment
Totals for Festival Ranch Community Facilities
Fountain Hills Road District
Totals for Fountain Hills Road District
Fountain Hills Sanitary District
Totals for Fountain Hills Sanitary District
Goodyear CFD - General
General Obligation
Special Assessment
Totals for Goodyear CFD - General
Goodyear CFD - Utilities
General Obligation
Totals for Goodyear CFD - Utilities
Groves at Hermosa Vista IWDD #41
Totals for Groves at Hermosa Vista IWDD #41

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Harquahala Valley Fire District
Totals for Harquahala Valley Fire District
Harquahala Valley Irrigation District
Totals for Harquahala Valley Irrigation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

7

$63,595,000

$20,615,000

$2,820,000

$40,160,000

7

$63,595,000

$20,615,000

$2,820,000

$40,160,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Harquahala Valley Power District
Totals for Harquahala Valley Power District
Hospital District
General Obligation
Totals for Hospital District
King Ranch CFD
Totals for King Ranch CFD
Lamar Irrigation Water Delivery
Totals for Lamar Irrigation Water Delivery

0

$0

$0

$0

$0

0

$0

$0

$0

$0

88

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

Maricopa County Library District
Totals for Maricopa County Library District
Maricopa County Stadium District
Revenue
Totals for Maricopa County Stadium District

1

$58,225,000

$8,175,000

$2,820,000

$47,230,000

1

$58,225,000

$8,175,000

$2,820,000

$47,230,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Maricopa County Street Lighting Improvement Dist
Totals for Maricopa County Street Lighting Impr
Maricopa Water District
Totals for Maricopa Water District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

Marley Park CFD
General Obligation
Special Assessment
Totals for Marley Park CFD

1

$3,950,000

$0

$0

$3,950,000

1
2

$1,365,000
$5,315,000

$0
$0

$40,000
$40,000

$1,325,000
$5,275,000

1

$20,245,000

$4,750,000

$700,000

$14,795,000

1

$20,245,000

$4,750,000

$700,000

$14,795,000

1
1

$47,165,000
$47,165,000

$0
$0

$0
$0

$47,165,000
$47,165,000

McDowell Mountain Ranch CFD
General Obligation
Totals for McDowell Mountain Ranch CFD
McDowell Road Commercial Corridor Improvement
Special Assessment
Totals for McDowell Road Commercial Corridor I
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

$1,110,000
$1,110,000

$535,000
$535,000

$2,790,000
$2,790,000

Miller Road Improvement District
Special Assessment
Totals for Miller Road Improvement District
Myrtle Park Irrigation Water Delivery
Totals for Myrtle Park Irrigation Water Delivery

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$8,540,000

$0

$125,000

$8,415,000

2

$8,540,000

$0

$125,000

$8,415,000

1
1

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

$0
$0

$0
$0

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

1

$5,015,000

$2,745,000

$295,000

$1,975,000

1

$5,015,000

$2,745,000

$295,000

$1,975,000
89

Ocotillo Water Conservation District
Totals for Ocotillo Water Conservation District
Palm Valley Community Facilities District
General Obligation
Totals for Palm Valley Community Facilities Dist
Peoria Improvement District #0601
Special Assessment
Totals for Peoria Improvement District #0601
Peoria Improvement District #8801
Special Assessment
Totals for Peoria Improvement District #8801

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Peoria Improvement District #8802
Special Assessment
Totals for Peoria Improvement District #8802

1

$5,610,000

$2,955,000

$340,000

$2,315,000

1

$5,610,000

$2,955,000

$340,000

$2,315,000

1
1

$2,575,000
$2,575,000

$2,370,000
$2,370,000

$0
$0

$205,000
$205,000

Peoria Improvement District #9002
Special Assessment
Totals for Peoria Improvement District #9002
Peoria Improvement District #9102
Totals for Peoria Improvement District #9102

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$2,270,000

$1,177,936

$249,637

$842,427

1

$2,270,000

$1,177,936

$249,637

$842,427

1
1

$2,285,000
$2,285,000

$1,450,000
$1,450,000

$150,000
$150,000

$685,000
$685,000

Peoria Improvement District #9202
Totals for Peoria Improvement District #9202
Peoria Improvement District #9303
Special Assessment
Totals for Peoria Improvement District #9303
Peoria Improvement District #9601
Special Assessment
Totals for Peoria Improvement District #9601
Peoria Improvement District #9602
Totals for Peoria Improvement District #9602

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

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

$2,515,000
$2,515,000

$230,000
$230,000

$1,055,000
$1,055,000

Peoria Improvement District #9603
Special Assessment
Totals for Peoria Improvement District #9603
Peoria Improvement District #9801
Totals for Peoria Improvement District #9801

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$25,015,000
$25,015,000

$7,735,000
$7,735,000

$6,135,000
$6,135,000

$11,145,000
$11,145,000

Peoria Municipal Development Authority
Municipal Property Corp
Totals for Peoria Municipal Development Author
Rancho Jardines Irrigation WDD
Totals for Rancho Jardines Irrigation WDD

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Rancho-Grande Landerwood IWDD #24
Totals for Rancho-Grande Landerwood IWDD #2
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
Totals for Roosevelt Water Conservation
San Tan Irrigitation District
Totals for San Tan Irrigitation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

90

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Scottsdale Mountain CFD
General Obligation
Totals for Scottsdale Mountain CFD

1

$5,375,000

$1,370,000

$320,000

$3,685,000

1

$5,375,000

$1,370,000

$320,000

$3,685,000

1
1

$3,805,000
$3,805,000

$0
$0

$0
$0

$3,805,000
$3,805,000

Scottsdale Waterfront Commercial CFD
General Obligation
Totals for Scottsdale Waterfront Commercial CF
Spectrum Improvement District
Special Assessment
Totals for Spectrum Improvement District

1

$7,370,000

$0

$0

$7,370,000

1

$7,370,000

$0

$0

$7,370,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Sun City Fire District
Totals for Sun City Fire District
Sun City West Fire District
Totals for Sun City West Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Sun Lakes Fire District
Totals for Sun Lakes Fire District
Sunburst Farms Irrigation District
Totals for Sunburst Farms Irrigation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

Sundance CFD
General Obligation
Special Assessment
Totals for Sundance CFD

2

$11,000,000

$245,000

$375,000

$10,380,000

3
5

$20,525,000
$31,525,000

$1,250,000
$1,495,000

$850,000
$1,225,000

$18,425,000
$28,805,000

2

$8,860,000

$4,000

$369,000

$8,487,000

2

$8,860,000

$4,000

$369,000

$8,487,000

1
1

$7,705,000
$7,705,000

$3,165,000
$3,165,000

$415,000
$415,000

$4,125,000
$4,125,000

7

$57,030,000

$16,495,000

$2,225,000

$38,310,000

7

$57,030,000

$16,495,000

$2,225,000

$38,310,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Tartesso West CFD
General Obligation
Totals for Tartesso West CFD
Tatum Ranch CFD
General Obligation
Totals for Tatum Ranch CFD
Tempe Improvement Districts
Special Assessment
Totals for Tempe Improvement Districts
Thoroughbred Farms IWDD #43
Totals for Thoroughbred Farms IWDD #43
Tonopah Irrigation District
Totals for Tonopah Irrigation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Tonopah Valley Fire District
Totals for Tonopah Valley Fire District
Tres Palmas Irrigation Water Delivery District
Totals for Tres Palmas Irrigation Water Delivery

0

$0

$0

$0

$0

0

$0

$0

$0

$0
91

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Turney Tract Irrigation Water Delivery District
Totals for Turney Tract Irrigation Water Delivery

0

$0

$0

$0

$0

0

$0

$0

$0

$0

2

$37,000,000

$0

$600,000

$36,400,000

1
3

$18,600,000
$55,600,000

$0
$0

$415,000
$1,015,000

$18,185,000
$54,585,000

1

$3,225,000

$410,000

$115,000

$2,700,000

1

$3,225,000

$410,000

$115,000

$2,700,000

1
1

$6,600,000
$6,600,000

$755,000
$755,000

$160,000
$160,000

$5,685,000
$5,685,000

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
Vistancia CFD
3

$67,560,000

$1,475,000

$1,475,000

$64,610,000

3

$67,560,000

$1,475,000

$1,475,000

$64,610,000

1
1

$49,000,000
$49,000,000

$0
$0

$2,165,000
$2,165,000

$46,835,000
$46,835,000

General Obligation

2

$6,900,000

$0

$200,000

$6,700,000

Special Assessment

2
4

$4,490,000
$11,390,000

$15,000
$15,000

$30,000
$230,000

$4,445,000
$11,145,000

Special Assessment
Totals for Vistancia CFD
Watson Road CFD
Special Assessment
Totals for Watson Road CFD
West Park CFD

Totals for West Park CFD
Western Meadows Irrigation District
Totals for Western Meadows Irrigation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Whitcombs Roundup Ranches IWDD #42
Totals for Whitcombs Roundup Ranches IWDD
Wickenburg Rural Fire District
Totals for Wickenburg Rural Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

2
2

$1,400,000
$1,400,000

$235,000
$235,000

$40,000
$40,000

$1,125,000
$1,125,000

2

$1,490,000

$150,000

$40,000

$1,300,000

2

$1,490,000

$150,000

$40,000

$1,300,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Wildflower Ranch CFD #1
General Obligation
Totals for Wildflower Ranch CFD #1
Wildflower Ranch CFD #2
General Obligation
Totals for Wildflower Ranch CFD #2
Williams Gateway Airport Authority
Totals for Williams Gateway Airport Authority
Woolsey Flood Protection District
Totals for Woolsey Flood Protection District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

92

TABLE 28
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

General Obligation

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

52

$305,885,000

$35,064,000

$7,714,000

$263,107,000

Municipal Property Corp

1

$25,015,000

$7,735,000

$6,135,000

$11,145,000

Revenue

2

$62,596,000

$9,237,281

$3,011,102

$50,347,617

45

$354,336,874

$40,368,867

$11,696,875

$302,271,132

100

$747,832,874

$92,405,148

$28,556,977

$626,870,749

Special Assessment
Grand Totals:

93

TABLE 29
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Dam/Littlefield Fire District
Totals for Beaver Dam/Littlefield Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Bullhead City Fire District
Totals for Bullhead City Fire District
Bullhead City Pest Abatement District
Totals for Bullhead City Pest Abatement District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

3
3

$62,846,424
$62,846,424

$14,256,787
$14,256,787

$1,578,916
$1,578,916

$47,010,721
$47,010,721

Bullhead City Sewer Improvement
Special Assessment
Totals for Bullhead City Sewer Improvement
Butler Road Improvement I & II
Totals for Butler Road Improvement I & II

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Cerbat Ranch Street Improvement
Totals for Cerbat Ranch Street Improvement
Chloride Fire District
Totals for Chloride Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Crystal Beach Water Conservation
Totals for Crystal Beach Water Conservation
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
Totals for Golden Shores Water Conservation

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

1

$409,000

$209,000

$200,000

$0

1

$409,000

$209,000

$200,000

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Havasu Heights Domestic WID
Totals for Havasu Heights Domestic WID
Holiday Lighting District
Totals for Holiday Lighting District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

94

TABLE 29
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Horizon Six Improvement District
Special Assessment
Totals for Horizon Six Improvement District

1

$647,000

$452,000

$65,000

$130,000

1

$647,000

$452,000

$65,000

$130,000

1
1

$11,820,000
$11,820,000

$3,760,000
$3,760,000

$850,000
$850,000

$7,210,000
$7,210,000

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

$371,000
$371,000

$95,000
$95,000

$425,000
$425,000

Lake Havasu City Improvement
Special Assessment
Totals for Lake Havasu City Improvement
Lake Havasu City Sanitary District
Totals for Lake Havasu City Sanitary District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

2
2

$6,120,000
$6,120,000

$5,965,000
$5,965,000

$10,000
$10,000

$145,000
$145,000

Lake Havasu Irrigation & Drainage
Special Assessment
Totals for Lake Havasu Irrigation & Drainage
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

Mohave County Flood Control District
Totals for Mohave County Flood Control District
Mohave County Improvement District #126
Special Assessment
Totals for Mohave County Improvement District

1

$331,164

$240,164

$0

$91,000

1

$331,164

$240,164

$0

$91,000

1
1

$46,000,000
$46,000,000

$0
$0

$0
$0

$46,000,000
$46,000,000

Mohave County Jail District
Revenue
Totals for Mohave County Jail 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 Television ID
Totals for Mohave County Television ID
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

95

TABLE 29
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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
Totals for Rainbow Acres Street Improvement

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$4,500,000

$1,800,000

$450,000

$2,250,000

1

$4,500,000

$1,800,000

$450,000

$2,250,000

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
Truxton Fire District
0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

1

$11,820,000

$3,760,000

$850,000

$7,210,000

Revenue

1

$46,000,000

$0

$0

$46,000,000

Special Assessment

10

$75,744,588

$23,293,951

$2,398,916

$50,051,721

Grand Totals:

12

$133,564,588

$27,053,951

$3,248,916

$103,261,721

Totals for Truxton Fire District
Yucca Fire District
Totals for Yucca Fire District

96

TABLE 30
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Dam Circle Improvement
Special Assessment
Totals for Beaver Dam Circle Improvement

1

$12,104

$7,565

$908

$3,631

1

$12,104

$7,565

$908

$3,631

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Blue Lake Circle
Totals for Blue Lake Circle
Buck Springs Road Improvement
Totals for Buck Springs Road Improvement

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$524,000
$524,000

$0
$0

$0
$0

$524,000
$524,000

Bucking Horse Improvement District
Special Assessment
Totals for Bucking Horse Improvement District
Chaparral Drive Improvement District
Totals for Chaparral Drive Improvement District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$220,938

$157,010

$15,982

$47,946

1

$220,938

$157,010

$15,982

$47,946

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Clay Springs-Pinedale Fire District
Totals for Clay Springs-Pinedale Fire District
Drifting Snow Loop Improvement
Special Assessment
Totals for Drifting Snow Loop Improvement
Flag Hollow Sewer Improvement
Totals for Flag Hollow Sewer Improvement
Forest Trails II
Totals for Forest Trails II

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Forest Trails III
Totals for Forest Trails III
Heber Domestic Water Improvement District
Totals for Heber Domestic Water Improvement D

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$97,283

$87,839

$4,722

$4,722

1

$97,283

$87,839

$4,722

$4,722

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Heber-Overgaard Fire District
Totals for Heber-Overgaard Fire District
Hiawatha Trail Improvement District
Special Assessment
Totals for Hiawatha Trail Improvement District
High Country Pines
Totals for High Country Pines
Homestead Road
Totals for Homestead Road

0

$0

$0

$0

$0

0

$0

$0

$0

$0

97

TABLE 30
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Joseph City Domestic WID
Totals for Joseph City Domestic WID

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Joseph City Fire District
Totals for Joseph City Fire District
Joseph City Sanitary District
Totals for Joseph City Sanitary District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Lakeside Fire District
Totals for Lakeside Fire District
Linden Fire District
Totals for Linden Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$43,313

$13,613

$3,712

$25,988

1

$43,313

$13,613

$3,712

$25,988

1
1

$88,600
$88,600

$81,823
$81,823

$6,777
$6,777

$0
$0

Little Colorado Flood Control District
Totals for Little Colorado Flood Control District
Madison Lane Circle
Special Assessment
Totals for Madison Lane Circle
Misty Mountain Domestic WID
Special Assessment
Totals for Misty Mountain Domestic WID
Mogollon Air Park
Totals for Mogollon Air Park

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Moon Creek Circle
Totals for Moon Creek Circle
Mountain Homes Unit II
Totals for Mountain Homes Unit II

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Mule Deer Way
Totals for Mule Deer Way
Navajo County Flood Control District
Totals for Navajo County Flood Control 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

$2,100,000

$595,000

$2,720,000

1

$5,415,000

$2,100,000

$595,000

$2,720,000

Navajo County Library District
Totals for Navajo County Library District
Navapache Hospital District
General Obligation
Totals for Navapache Hospital District

98

TABLE 30
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Palomino Drive
Totals for Palomino Drive

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$82,628
$82,628

$69,879
$69,879

$6,375
$6,375

$6,374
$6,374

Pine Meadows Country Club ID
Special Assessment
Totals for Pine Meadows Country Club ID
Pinetop Fire District
Totals for Pinetop Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

6
6

$2,242,933
$2,242,933

$1,698,313
$1,698,313

$181,988
$181,988

$362,632
$362,632

Pinetop-Lakeside Sanitary District
Special Assessment
Totals for Pinetop-Lakeside Sanitary District
Porter Creek Domestic WID
Totals for Porter Creek Domestic WID

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$186,007
$186,007

$46,881
$46,881

$6,005
$6,005

$133,121
$133,121

Porter Mountain Domestic WID
Special Assessment
Totals for Porter Mountain Domestic WID
Scott's Pine Tract A Improvement
Special Assessment
Totals for Scott's Pine Tract A Improvement

1

$184,124

$0

$62,483

$121,641

1

$184,124

$0

$62,483

$121,641

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Shoreline Drive
Totals for Shoreline Drive
Show Low Bluff CFD
Special Assessment
Totals for Show Low Bluff CFD

2

$2,494,000

$0

$0

$2,494,000

2

$2,494,000

$0

$0

$2,494,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$5,630,000

$2,535,000

$289,110

$2,805,890

1

$5,630,000

$2,535,000

$289,110

$2,805,890

1
1

$4,945,000
$4,945,000

$1,265,000
$1,265,000

$1,279,650
$1,279,650

$2,400,350
$2,400,350

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
Show Low Improvement District #7
Special Assessment
Totals for Show Low Improvement District #7

1

$600,000

$0

$0

$600,000

1

$600,000

$0

$0

$600,000

1
1

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

$0
$0

$146,534
$146,534

$1,003,466
$1,003,466

Shumway Road Improvement District
Special Assessment
Totals for Shumway Road Improvement District
Silver Creek County Road
Totals for Silver Creek County Road

0

$0

$0

$0

$0

0

$0

$0

$0

$0

99

TABLE 30
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Silver Creek Flood Control District
Totals for Silver Creek Flood Control District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Sky High Domestic WID
Totals for Sky High Domestic WID
Soaring Eagle
Totals for Soaring Eagle

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$245,750
$245,750

$53,171
$53,171

$21,397
$21,397

$171,182
$171,182

Sutter Drive Improvement District
Special Assessment
Totals for Sutter Drive Improvement District
Sweeping Vista
Totals for Sweeping Vista

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Timberlake Pines
Totals for Timberlake Pines
Timberland Acres Special Road
Totals for Timberland Acres Special Road

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 Road District #2
Totals for White Mountain Lake Road District #2

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$2,135,450
$2,135,450

$1,173,762
$1,173,762

$73,765
$73,765

$887,923
$887,923

White Mountain Summer Home
Special Assessment
Totals for White Mountain Summer Home
Wild Cat Way Improvement
Special Assessment
Totals for Wild Cat Way Improvement

1

$130,118

$83,497

$10,490

$36,131

1

$130,118

$83,497

$10,490

$36,131

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Wild Horse Road #1
Totals for Wild Horse Road #1
Woodruff Fire District
Totals for Woodruff Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Woodruff Irrigation District
Totals for Woodruff Irrigation District

100

TABLE 30
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

General Obligation

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

1

$5,415,000

$2,100,000

$595,000

$2,720,000

Special Assessment

24

$21,012,248

$7,273,353

$2,109,898

$11,628,997

Grand Totals:

25

$26,427,248

$9,373,353

$2,704,898

$14,348,997

101

TABLE 31
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Ajo-Lukeville Health Services District
Totals for Ajo-Lukeville Health Services District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Cimarron Hills Improvement District
Totals for Cimarron Hills Improvement District
Cmo Ojo De Agua Improvement
Totals for Cmo Ojo De Agua Improvement

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Corona De Tucson Fire District
Totals for Corona De Tucson Fire District
Cortaro-Marana Irrigation District
Totals for Cortaro-Marana Irrigation District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$11,905,000
$11,905,000

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

$2,450,000
$2,450,000

$5,955,000
$5,955,000

4

$6,480,000

$645,000

$485,000

$5,460,000

4

$6,480,000

$645,000

$485,000

$5,460,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Dove Mountain Resort CFD
Special Assessment
Totals for Dove Mountain Resort CFD
Drexel Heights Fire District
General Obligation
Totals for Drexel Heights Fire District
Flowing Wells Irrigation District
Totals for Flowing Wells Irrigation District
Gladden Farms Community Facilities District
General Obligation
Totals for Gladden Farms Community Facilities

3

$8,430,000

$0

$45,000

$8,385,000

3

$8,430,000

$0

$45,000

$8,385,000

2
2

$13,310,000
$13,310,000

$335,000
$335,000

$345,000
$345,000

$12,630,000
$12,630,000

1

$10,000,000

$0

$227,432

$9,772,568

1

$10,000,000

$0

$227,432

$9,772,568

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Golder Ranch Fire District
General Obligation
Totals for Golder Ranch Fire District
Green Valley Fire District
Certificate of Participation
Totals for Green Valley Fire District
Hayhook Ranch Improvement District
Totals for Hayhook Ranch Improvement 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

102

TABLE 31
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Marana Water Improvement District
Totals for Marana Water Improvement District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

4
4

$80,840,000
$80,840,000

$13,285,000
$13,285,000

$2,920,000
$2,920,000

$64,635,000
$64,635,000

Metropolitan Domestic WID
Revenue
Totals for Metropolitan Domestic WID
Mount Lemmon Fire District
Totals for Mount Lemmon Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

No. La Cholla Improvement District
Totals for No. La Cholla Improvement District
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

2

$26,575,000

$0

$0

$26,575,000

2

$26,575,000

$0

$0

$26,575,000

1
1

$29,876
$29,876

$0
$0

$0
$0

$29,876
$29,876

1

$4,585,000

$3,115,000

$745,000

$725,000

1

$4,585,000

$3,115,000

$745,000

$725,000

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
Picture Rocks Fire District
Special Assessment
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

1

$12,660,000

$0

$0

$12,660,000

1

$12,660,000

$0

$0

$12,660,000

1
1

$6,730,000
$6,730,000

$5,080,000
$5,080,000

$20,000
$20,000

$1,630,000
$1,630,000

Pima County Stadium District
Totals for Pima County Stadium District
Quail Creek CFD
General Obligation
Totals for Quail Creek CFD
Redhawk Canyon CFD #2
Special Assessment
Totals for Redhawk Canyon CFD #2
Rincon Valley Fire District
General Obligation
Totals for Rincon Valley Fire District

1

$5,065,000

$0

$0

$5,065,000

1

$5,065,000

$0

$0

$5,065,000

103

TABLE 31
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

$13,130,000

Rio Nuevo Multipurpose Facilities
Certificate of Participation
Revenue
Totals for Rio Nuevo Multipurpose Facilities

1

$33,575,000

$17,530,000

$2,915,000

1

$5,800,000

$1,090,000

$535,000

$4,175,000

2

$39,375,000

$18,620,000

$3,450,000

$17,305,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Sabino Vista Fire District
Totals for Sabino Vista Fire District
Silverbell Irrigation & Drainage
Totals for Silverbell Irrigation & Drainage

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$25,774,000
$25,774,000

$0
$0

$0
$0

$25,774,000
$25,774,000

1

$1,130,000

$0

$384,800

$745,200

1

$1,130,000

$0

$384,800

$745,200

8
8

$133,885,000
$133,885,000

$19,940,000
$19,940,000

$9,125,000
$9,125,000

$105,320,000
$105,320,000

Tangerine Farms Road Improvement District
Special Assessment
Totals for Tangerine Farms Road Improvement
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
0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$43,575,000

$17,530,000

$3,142,432

$22,902,568

General Obligation

15

$78,235,000

$4,095,000

$2,004,800

$72,245,200

Revenue

13

$220,525,000

$34,315,000

$12,580,000

$174,130,000

4

$44,438,876

$8,580,000

$2,470,000

$33,388,876

34

$386,773,876

$64,520,000

$20,197,232

$302,666,644

Totals for Tucson Country Club Estates Fire Dis
Why Fire District
Totals for Why Fire District
Certificate of Participation

Special Assessment
Grand Totals:

104

TABLE 32
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Apache Junction Fire District
General Obligation
Totals for Apache Junction Fire District

1

$9,500,000

$0

$3,050,000

$6,450,000

1

$9,500,000

$0

$3,050,000

$6,450,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Apache Villa III, IV & Clearview Lighting District
Totals for Apache Villa III, IV & Clearview Lightin
Apache Villa IIIA Lighting District
Totals for Apache Villa IIIA Lighting District

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

1
1

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

$0
$0

$35,000
$35,000

$1,290,000
$1,290,000

Arizona City Fire District
General Obligation
Totals for Arizona City Fire District
Arizona City Sanitary District
Totals for Arizona City Sanitary District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$17,500,000
$17,500,000

$7,120,000
$7,120,000

$0
$0

$10,380,000
$10,380,000

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

Central Arizona Irrigation District
Special Assessment
Totals for Central Arizona Irrigation District
Cottonwood Gardens Lighting District
Totals for Cottonwood Gardens Lighting District
Desert Vista Lighting District
Totals for Desert Vista Lighting District
Desert Vista Sanitary District
Totals for Desert Vista Sanitary District
Dudleyville Fire District
Totals for Dudleyville Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$20,915,000
$20,915,000

$0
$0

$0
$0

$20,915,000
$20,915,000

4

$117,212,374

$0

$1,622,374

$115,590,000

4

$117,212,374

$0

$1,622,374

$115,590,000

1
1

$17,470,000
$17,470,000

$0
$0

$0
$0

$17,470,000
$17,470,000

Electrical District #2
Revenue
Totals for Electrical District #2
Electrical District #3
Revenue
Totals for Electrical District #3
Electrical District #4
Revenue
Totals for Electrical District #4
Electrical District #5
Totals for Electrical District #5

0

$0

$0

$0

$0

0

$0

$0

$0

$0

105

TABLE 32
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Eloy Fire District
Totals for Eloy Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Florence Flood Control District
Totals for Florence Flood Control District
Grande Buttes Fire District
Totals for Grande Buttes Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Hohokam Irrigation & Drainage
Totals for Hohokam Irrigation & Drainage
Ironwood Manor Lighting District
Totals for Ironwood Manor Lighting District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Magma Flood Control District
Totals for Magma Flood Control District
Mammoth Fire District
Totals for Mammoth Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$313,900
$313,900

$38,000
$38,000

$4,800
$4,800

$271,100
$271,100

2
2

$4,620,000
$4,620,000

$0
$0

$535,000
$535,000

$4,085,000
$4,085,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$7,780,000
$7,780,000

$6,615,000
$6,615,000

$0
$0

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

1

$16,188,000

$13,497,000

$2,691,000

$0

1

$16,188,000

$13,497,000

$2,691,000

$0

2
2

$2,658,000
$2,658,000

$0
$0

$83,000
$83,000

$2,575,000
$2,575,000

2

$2,806,000

$0

$103,000

$2,703,000

2

$2,806,000

$0

$103,000

$2,703,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Maricopa Domestic WID
Special Assessment
Totals for Maricopa Domestic WID
Maricopa Fire District
General Obligation
Totals for Maricopa Fire District
Maricopa Road Improvement District
Totals for Maricopa Road Improvement District
Maricopa Rural Road Improvement
Special Assessment
Totals for Maricopa Rural Road Improvement
Maricopa-Stanfield IDD
Special Assessment
Totals for Maricopa-Stanfield IDD
Merrill Ranch CFD #1
Revenue
Totals for Merrill Ranch CFD #1
Merrill Ranch CFD #2
Revenue
Totals for Merrill Ranch CFD #2
Midway Flood Control District
Totals for Midway Flood Control District
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

106

TABLE 32
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

New Magma Irrigation & Drainage District
Totals for New Magma Irrigation & Drainage Dist

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$172,405
$172,405

$3,540
$3,540

$3,283
$3,283

$165,582
$165,582

New Saddleback Vista Domestic WID
Revenue
Totals for New Saddleback Vista Domestic WID
Papago Butte Domestic WID
Revenue
Totals for Papago Butte Domestic WID

1

$1,337,325

$0

$0

$1,337,325

1

$1,337,325

$0

$0

$1,337,325

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Papago Butte Irrigation WDD #4
Totals for Papago Butte Irrigation WDD #4
Pinal County Flood Control District
Totals for Pinal County Flood Control District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Pinal County Library District
Totals for Pinal County Library District
Public Health Services District
Totals for Public Health Services District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$397,629
$397,629

$186,209
$186,209

$42,284
$42,284

$169,136
$169,136

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Queen Creek Domestic WID
Revenue
Totals for Queen Creek Domestic WID
Queen Valley Domestic WID
Totals for Queen Valley Domestic WID
Queen Valley Fire District
Totals for Queen Valley Fire District
Queen Valley Sanitary District
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
Seven Ranches Domestic WID
Revenue
Totals for Seven Ranches Domestic WID

1

$251,000

$10,019

$0

$240,981

1

$251,000

$10,019

$0

$240,981

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Skyline Domestic Water Improvement District
Totals for Skyline Domestic Water Improvement
Stanfield Flood Control District
Totals for Stanfield Flood Control District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

107

TABLE 32
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Superstition Lighting District
Totals for Superstition Lighting District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$29,870,866
$29,870,866

$63,866
$63,866

$0
$0

$29,807,000
$29,807,000
$411,067

Superstition Mountains CFD
Revenue
Totals for Superstition Mountains CFD
Thunderbird Farms Improvement
Revenue
Special Assessment
Totals for Thunderbird Farms Improvement

2

$527,300

$95,423

$20,810

1

$1,462,500

$1,456,277

$6,223

$0

3

$1,989,800

$1,551,700

$27,033

$411,067

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Thunderbird Irrigation District #1
Totals for Thunderbird Irrigation District #1
Thunderbird Irrigation District #2
Totals for Thunderbird Irrigation District #2

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Thunderbird Irrigation District #3
Totals for Thunderbird Irrigation District #3
Villa Grande Improvement District
Totals for Villa Grande Improvement District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$455,000
$455,000

$0
$0

$15,000
$15,000

$440,000
$440,000

1

$4,670,000

$135,000

$380,000

$4,155,000

1

$4,670,000

$135,000

$380,000

$4,155,000

Villago Community Facilities District
General Obligation
Totals for Villago Community Facilities District
Water Utilities CFD
Revenue
Totals for Water Utilities CFD
General Obligation
Revenue
Special Assessment
Grand Totals:

6

$17,235,000

$0

$3,635,000

$13,600,000

18

$198,287,899

$494,057

$2,254,751

$195,539,091

5

$43,244,400

$28,726,277

$2,702,023

$11,816,100

29

$258,767,299

$29,220,334

$8,591,774

$220,955,191

108

TABLE 33
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN SANTA CRUZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Nogales Suburban Fire District
Totals for Nogales Suburban Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$3,835,000
$3,835,000

$0
$0

$0
$0

$3,835,000
$3,835,000

Rio Rico Fire District
General Obligation
Totals for Rio Rico Fire District
Santa Cruz County Flood Control District
0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

1

$3,835,000

$0

$0

$3,835,000

Grand Totals:

1

$3,835,000

$0

$0

$3,835,000

Totals for Santa Cruz County Flood Control Dist
Tubac Fire District
Totals for Tubac Fire District

109

TABLE 34
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

American Ranch Domestic WID
Totals for American Ranch Domestic WID

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

American Ranch Sanitary District
Totals for American Ranch Sanitary District
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

0
0

$0
$0

$0
$0

$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

$4,100,775

$79,900

$8,000

$4,012,875

2

$4,100,775

$79,900

$8,000

$4,012,875

1
1

$11,215,000
$11,215,000

$615,000
$615,000

$435,000
$435,000

$10,165,000
$10,165,000

Big Park Domestic Wastewater ID
Totals for Big Park Domestic Wastewater ID
Black Canyon City WID
Totals for Black Canyon City WID
Black Canyon Fire District
Totals for Black Canyon Fire District
Camp Verde Fire District
Totals for Camp Verde Fire District
Camp Verde Sanitary District
Special Assessment
Totals for Camp Verde Sanitary District
Central Yavapai Fire District
General Obligation
Totals for Central Yavapai Fire District
Chino Valley Fire District
General Obligation
Totals for Chino Valley Fire District

1

$5,325,000

$0

$0

$5,325,000

1

$5,325,000

$0

$0

$5,325,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Chino Valley Irrigation District
Totals for Chino Valley Irrigation District
Congress Domestic WID
Totals for Congress Domestic WID

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$1,552,000

$372,000

$75,000

$1,105,000

1

$1,552,000

$372,000

$75,000

$1,105,000

Congress Fire District
Totals for Congress Fire District
Coyote Springs Road Improvement
Special Assessment
Totals for Coyote Springs Road Improvement

110

TABLE 34
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Creekside Sanitary District
Totals for Creekside Sanitary District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$60,700
$60,700

$55,700
$55,700

$5,000
$5,000

$0
$0

Crown King Fire District
Special Assessment
Totals for Crown King Fire District
Diamond Valley Road Improvement
Totals for Diamond Valley Road Improvement

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$2,500,000
$2,500,000

$375,000
$375,000

$165,000
$165,000

$2,125,000
$2,125,000

Eastridge Community Facilities
General Obligation
Totals for Eastridge Community Facilities
Granite Gardens Sanitary District
Totals for Granite Gardens Sanitary District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$7,315,000
$7,315,000

$2,520,000
$2,520,000

$575,000
$575,000

$4,220,000
$4,220,000

1
1

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

$475,000
$475,000

$120,000
$120,000

$645,000
$645,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Groom Creek Fire District
Totals for Groom Creek Fire District
Hassayampa Community Facilities
Special Assessment
Totals for Hassayampa Community Facilities
Hassayampa Community Facilities #2
Special Assessment
Totals for Hassayampa Community Facilities #2
High Valley Ranch Domestic WID
Totals for High Valley Ranch Domestic WID
Highland Pines Water District
Totals for Highland Pines Water District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Iron Springs Sanitary District
Totals for Iron Springs Sanitary District
Mayer Domestic Water Improvement District
Totals for Mayer Domestic Water Improvement

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$745,000
$745,000

$0
$0

$15,000
$15,000

$730,000
$730,000

Mayer Fire District
Special Assessment
Totals for Mayer Fire District
Montezuma Rimrock Fire District
Totals for Montezuma Rimrock Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

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

$0
$0

$0
$0

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

Parkway Community Facilities District
General Obligation
Totals for Parkway Community Facilities District
Pine Valley Road Improvement
Totals for Pine Valley Road Improvement

0

$0

$0

$0

$0

0

$0

$0

$0

$0

111

TABLE 34
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Ponderosa Park Domestic WID
Special Assessment
Totals for Ponderosa Park Domestic WID

1

$195,000

$150,000

$20,000

$25,000

1

$195,000

$150,000

$20,000

$25,000

1
1

$317,180
$317,180

$172,190
$172,190

$33,729
$33,729

$111,261
$111,261

Prescott East Sanitary District
Special Assessment
Totals for Prescott East Sanitary District
Prescott Valley Water District
Revenue
Totals for Prescott Valley Water District

1

$24,335,000

$7,375,000

$1,100,000

$15,860,000

1

$24,335,000

$7,375,000

$1,100,000

$15,860,000

2
2

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

$0
$0

$70,000
$70,000

$6,930,000
$6,930,000

Pronghorn Ranch CFD
General Obligation
Totals for Pronghorn Ranch CFD
Quail Canyon Domestic WID
Totals for Quail Canyon Domestic WID

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$6,940,000
$6,940,000

$0
$0

$0
$0

$6,940,000
$6,940,000

1
1

$925,446
$925,446

$552,548
$552,548

$53,352
$53,352

$319,546
$319,546

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Quail Ridge Domestic WID
Totals for Quail Ridge Domestic WID
Quailwood Meadows CFD
General Obligation
Totals for Quailwood Meadows CFD
Raven Ridge Community Facilities
General Obligation
Totals for Raven Ridge Community Facilities
Sedona Fire District
Totals for Sedona Fire District
Seligman Fire District
Totals for Seligman Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Seligman Sanitary District
Totals for Seligman Sanitary District
Seligman Street Lighting District
Totals for Seligman Street Lighting District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$3,025,000
$3,025,000

$0
$0

$0
$0

$3,025,000
$3,025,000

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

Southside Community Facilities
Special Assessment
Totals for Southside Community Facilities
Stoneridge Community Facilities
General Obligation
Totals for Stoneridge Community Facilities
Sunup Ranch Road Improvement District
Totals for Sunup Ranch Road Improvement Dist
Verde Valley Fire District
Totals for Verde Valley Fire District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

112

TABLE 34
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Water Improvement District P164
Special Assessment
Totals for Water Improvement District P164

1

$95,840

$20,177

$5,044

$70,619

1

$95,840

$20,177

$5,044

$70,619

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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

$6,975,000
$6,975,000

$1,530,000
$1,530,000

$6,755,000
$6,755,000

Yavapai County Jail District
Revenue
Totals for Yavapai County Jail District
Yavapai County Library District
Totals for Yavapai County Library District
General Obligation
Revenue

0

$0

$0

$0

$0

0

$0

$0

$0

$0

9

$52,130,446

$1,542,548

$723,352

$50,029,546

2

$39,595,000

$14,350,000

$2,630,000

$22,615,000

Special Assessment

11

$18,646,495

$3,844,967

$856,773

$13,944,755

Grand Totals:

22

$110,371,941

$19,737,515

$4,210,125

$86,589,301

113

TABLE 35
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Del Sur Estates Improvement District
Totals for Del Sur Estates Improvement District

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1
1

$667,000
$667,000

$382,300
$382,300

$23,100
$23,100

$261,600
$261,600

Donovan Estates Improvement
Special Assessment
Totals for Donovan Estates Improvement
El Prado Estates Improvement District
Special Assessment
Totals for El Prado Estates Improvement District

2

$398,285

$92,686

$17,974

$287,625

2

$398,285

$92,686

$17,974

$287,625

1
1

$479,610
$479,610

$39,962
$39,962

$19,984
$19,984

$419,664
$419,664

Gadsden Townsite Improvement
Special Assessment
Totals for Gadsden Townsite Improvement
Gila Valley Anti-Noxious Weed
Totals for Gila Valley Anti-Noxious Weed

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

$1,390,000
$1,390,000

$740,000
$740,000

$5,150,000
$5,150,000

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

$3,804,725

$1,235,380

$301,945

$2,267,400

2

$3,804,725

$1,235,380

$301,945

$2,267,400

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Improvement District #67
Special Assessment
Totals for Improvement District #67
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
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
Yuma County Hospital District #1
Totals for Yuma County Hospital District #1

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0
$10,000,000

Yuma County Improvement District
Totals for Yuma County Improvement District
Yuma County Jail District
Revenue
Special Assessment
Totals for Yuma County Jail District

1

$10,000,000

$0

$0

1

$19,400,000

$11,250,000

$1,470,000

$6,680,000

2

$29,400,000

$11,250,000

$1,470,000

$16,680,000
114

TABLE 35
SPECIAL DISTRICT FY 2008 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Yuma County Library District
General Obligation
Totals for Yuma County Library District

2

$53,765,000

$1,900,000

$930,000

$50,935,000

2

$53,765,000

$1,900,000

$930,000

$50,935,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Yuma County Pest Abatement District
Totals for Yuma County Pest Abatement District
Yuma Irrigation District
0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

2

$53,765,000

$1,900,000

$930,000

$50,935,000

Revenue

1

$10,000,000

$0

$0

$10,000,000

Special Assessment

8

$32,029,620

$14,390,328

$2,573,003

$15,066,289

11

$95,794,620

$16,290,328

$3,503,003

$76,001,289

Totals for Yuma Irrigation District
Yuma Mesa Irrigation & Drainage District
Totals for Yuma Mesa Irrigation & Drainage Distr

Grand Totals:

115

116

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 36 in the Appendix.
The total outstanding debt for these agencies
at the end of FY 2007/08 was $9.2 billion
after $988 million in principal was retired or

refunded during the fiscal year. However, it
should be noted that debt reported by the
Water Infrastructure Finance Authority and
the Greater Arizona Development Authority is
also reported by the receiving jurisdictions in
their respective sections. Therefore, to avoid
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 36 is different.)
Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2008. However,
the year-end balances should reflect any July
1, 2008 payments if the payment amount has
been deposited into a dedicated fund for the
payment of principal.

117

118

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Arizona Biomedical Reseach Commission
Totals for Arizona Biomedical Reseach Commissio

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 Deparment of Financial Institutions
Totals for Arizona Deparment of Financial Institutio

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Arizona Historical Society
Totals for Arizona Historical Society
Arizona House of Representatives
Totals for Arizona House of Representatives

0

$0

$0

$0

$0

0

$0

$0

$0

$0

9
9

$142,880,000
$142,880,000

$1,941,500
$1,941,500

$8,501,057
$8,501,057

$132,437,443
$132,437,443

Arizona Housing Finance Authority
Revenue
Totals for Arizona Housing Finance Authority
Arizona Lottery
Revenue
Totals for Arizona Lottery

0

$0

$0

$0

$0

0

$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 Medical Board
Totals for Arizona Medical Board
Arizona State Parks
Totals for Arizona State Parks
Arizona State University
Certificate of Participation
Revenue
Totals for Arizona State University

9

$413,670,000

$96,405,000

$14,750,000

$302,515,000

12
21

$644,270,800
$1,057,940,800

$108,730,000
$205,135,000

$122,135,000
$136,885,000

$413,405,800
$715,920,800

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Automobile Theft Authority
Totals for Automobile Theft Authority
Board for Charter Schools
Totals for Board for Charter Schools
Board of Accountancy
Totals for Board of Accountancy
Board of Acupuncture
Totals for Board of Acupuncture

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

119

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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 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
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 Regents
Totals for Board of Regents

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

120

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Board of Respiratory Care Examiners
Totals for Board of Respiratory Care Examiners

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Board of Tax Appeals
Totals for Board of Tax Appeals
Board of Technical Registration
Totals for Board of Technical Registration

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Boxing Commission
Totals for Boxing Commission
Citizen's Clean Election Commission
Totals for Citizen's Clean Election Commission

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Commission for Postsecondary Education
Totals for Commission for Postsecondary Educatio
Commission for the Deaf and Hard of Hearing
Totals for Commission for the Deaf and Hard of Hea

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Commission on Indian Affairs
Totals for Commission on Indian Affairs
Commission on Judicial Conduct
Totals for Commission on Judicial Conduct

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Commission on the Arts
Totals for Commission on the Arts
Commission on Uniform State Laws
Totals for Commission on Uniform State Laws

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Cooperative Extension Service
Totals for Cooperative Extension Service
Cosmetology Board
Totals for Cosmetology Board

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Court of Appeals Div I
Totals for Court of Appeals Div I

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

121

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Court of Appeals Div II
Totals for Court of Appeals Div II

0

$0

$0

$0

$0

0

$0

$0

$0

$0

6
6

$482,725,000
$482,725,000

$73,510,000
$73,510,000

$28,495,000
$28,495,000

$380,720,000
$380,720,000

Department of Administration
Certificate of Participation
Totals for Department of Administration
Department of Agriculture
Totals for Department of Agriculture

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 Economic Security
Totals for Department of Economic Security
Department of Education
Totals for Department of Education

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Emergency & Military Affairs
Totals for Department of Emergency & Military Affai
Department of Environmental Quality
Totals for Department of Environmental Quality

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Fire, Building and Life Safety
Totals for Department of Fire, Building and Life Saf
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 Homeland Security
Totals for Department of Homeland Security

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Housing
Totals for Department of Housing

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

122

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Department of Insurance
Totals for Department of Insurance

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Juvenile Corrections
Totals for Department of Juvenile Corrections
Department of Liquor Licenses and Control
Totals for Department of Liquor Licenses and Contr

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Mines & Mineral Resources
Totals for Department of Mines & Mineral Resource
Department of Public Safety
Totals for Department of Public Safety

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Racing
Totals for Department of Racing
Department of Real Estate
Totals for Department of Real Estate

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Revenue
Totals for Department of Revenue
Department of Transportation
Revenue
Totals for Department of Transportation

20

$3,178,545,000

$773,135,000

$132,270,000

$2,273,140,000

20

$3,178,545,000

$773,135,000

$132,270,000

$2,273,140,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Veteran's Services
Totals for Department of Veteran's Services
Department of Water Resources
Totals for Department of Water Resources

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$20,410,000

$0

$455,000

$19,955,000

1

$20,410,000

$0

$455,000

$19,955,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Weights and Measures
Totals for Department of Weights and Measures
Game and Fish Department
Certificate of Participation
Totals for Game and Fish Department
Geological Survey
Totals for Geological Survey

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

123

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Government Information Technology Agency
Totals for Government Information Technology Age

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Governor's Office of Equal Opportunity
Totals for Governor's Office of Equal Opportunity
Greater Arizona Development Authority
General Obligation
Revenue
Totals for Greater Arizona Development Authority

19

$108,955,000

$5,455,000

$20,580,000

$82,920,000

50

$329,285,000

$10,370,000

$17,415,000

$301,796,500

69

$438,240,000

$15,825,000

$37,995,000

$384,716,500

55
55

$4,127,521,000
$4,127,521,000

$629,752,000
$629,752,000

$438,041,000
$438,041,000

$3,126,603,000
$3,126,603,000

Health Facilities Authority
Revenue
Totals for Health Facilities Authority
Homeopathic Board
Totals for Homeopathic Board

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Industrial Commission
Totals for Industrial Commission
Joint Legislative Budget Committee
Totals for Joint Legislative Budget Committee
Land Department
Totals for Land Department
Law Enforcement Merit System Council
Totals for Law Enforcement Merit System Council
Legislative Council
Totals for Legislative Council
Northern Arizona University
Certificate of Participation
Revenue
Totals for Northern Arizona University

3

$90,285,000

$0

$2,255,000

$88,030,000

9
12

$277,080,000
$367,365,000

$115,820,000
$115,820,000

$10,550,000
$12,805,000

$150,710,000
$238,740,000

Office of Administrative Hearings
Totals for Office of Administrative Hearings

0

$0

$0

$0

$0

0

$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 the Attorney General
Totals for Office of the Attorney General
Office of the Auditor General
Totals for Office of the Auditor General

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

124

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

Office of the Governor
Totals for Office of the Governor

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Ombudsman Citizens' Aide
Totals for Ombudsman Citizens' Aide
Osteopathic Board
Totals for Osteopathic Board

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Peace Officer Standards & Training
Totals for Peace Officer Standards & Training
Private Postsecondary Education Board
Totals for Private Postsecondary Education Board

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Public Safety Personnel Retirement System
Totals for Public Safety Personnel Retirement Syst
Radiation Regulatory Agency
Totals for Radiation Regulatory Agency

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Registrar of Contractors
Totals for Registrar of Contractors
Residential Utility Consumer Office
Totals for Residential Utility Consumer Office

0

$0

$0

$0

$0

0

$0

$0

$0

$0

School Facilities Board
Certificate of Participation
Revenue
Totals for School Facilities Board

6

$1,186,350,000

$396,710,000

$34,720,000

$754,920,000

7
13

$1,591,890,000
$2,778,240,000

$675,407,000
$1,072,117,000

$143,238,383
$177,958,383

$773,244,617
$1,528,164,617

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

School for the Deaf & Blind
Totals for School for the Deaf & Blind
Secretary of State's Office
Totals for Secretary of State's Office
State Board of Funeral Directors
Totals for State Board of Funeral Directors
State Dental Board
Totals for State Dental Board

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

125

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

CURRENT
OUTSTANDING
PRINCIPAL

State Library, Archives and Public Records
Totals for State Library, Archives and Public Recor

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

State Mine Inspector
Totals for State Mine Inspector
State Personnel Board
Totals for State Personnel Board

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

State Retirement System
Totals for State Retirement System
State Supreme Court
Totals for State Supreme Court

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

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

27

$662,012,000

$146,175,000

$13,470,000

$502,367,000

11
38

$447,110,000
$1,109,122,000

$88,900,000
$235,075,000

$39,205,000
$52,675,000

$319,005,000
$821,372,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

9
9

$1,014,000,000
$1,014,000,000

$222,620,000
$222,620,000

$23,090,000
$23,090,000

$768,290,000
$768,290,000

52

$2,855,452,000

$712,800,000

$94,145,000

$2,048,507,000

Veterinary Medical Examing Board
Totals for Veterinary Medical Examing Board
Water Infrastructure Finance Authority
Revenue
Totals for Water Infrastructure Finance Authority
Certificate of Participation
General Obligation

19

$108,955,000

$5,455,000

$20,580,000

$82,920,000

Revenue

183

$11,752,581,800

$2,626,675,500

$934,445,440

$8,258,632,360

Grand Totals:

254

$14,716,988,800

$3,344,930,500

$1,049,170,440

$10,390,059,360

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

126

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 37.
Total
outstanding
debt
for
these
organizations at the end of FY 2007/08 was
$3.9 billion after $236.1 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, 2008.
However, the year-end balances should
reflect any July 1, 2008 payments if the
payment amount has been deposited into a
dedicated fund for the payment of principal.

127

128

TABLE 37
OTHER JURISDICTIONS' FY 2008 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/07

PAID IN FISCAL
YEAR 2008

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

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

$3,120,000
$3,120,000

$49,015,000
$49,015,000

Arizona Power Authority
Revenue
Totals for Arizona Power Authority
Arizona Sports and Tourism Authority
Revenue
Totals for Arizona Sports and Tourism Authority

5

$450,450,000

$90,855,000

$54,185,000

$305,410,000

5

$450,450,000

$90,855,000

$54,185,000

$305,410,000

4
4

$423,707,536
$423,707,536

$357,786,354
$357,786,354

$24,686,182
$24,686,182

$41,235,000
$41,235,000

Central AZ Water Conservation Dist
Revenue
Totals for Central AZ Water Conservation Dist
Navigable Stream Adjudication Commission
Totals for Navigable Stream Adjudication Commi

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Pioneer's Home
Totals for Pioneer's Home
Salt River Project
1

$282,680,000

$16,300,000

$16,015,000

$250,365,000

16
17

$5,849,628,300
$6,132,308,300

$2,644,466,500
$2,660,766,500

$130,253,800
$146,268,800

$3,074,908,000
$3,325,273,000

3
3

$246,750,000
$246,750,000

$13,785,000
$13,785,000

$7,875,000
$7,875,000

$225,090,000
$225,090,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$282,680,000

$16,300,000

$16,015,000

$250,365,000

Revenue

29

$7,028,055,836

$3,112,277,854

$220,119,982

$3,695,658,000

Grand Totals:

30

$7,310,735,836

$3,128,577,854

$236,134,982

$3,946,023,000

Certificate of Participation
Revenue
Totals for Salt River Project
University Medical Center Corporation
Revenue
Totals for University Medical Center Corporation
Valley Metro- Regional Public Transport. Authority
Totals for Valley Metro- Regional Public Transpor
Certificate of Participation

129

130

SECTION TWO

FY 2007/08 ISSUES

131

132

FY 2007/08 NEW ISSUES 6
Throughout FY 2007/08 $6.273 billion in
new debt was reported by Arizona political
subdivisions. Of the $6.273 billion in new
debt, $382.0 million was directly attributed to
refunding old debt.
The following table lists new debt by county
as well as the portion recognized as
refunding.
COUNTY

NEW DEBT

REFUNDING

Apache

$11,141,000

$0

Cochise

$32,180,000

$0

Coconino

$38,439,561

$0

Gila

$20,039,500

$0

Graham

$17,565,000

$0

$0

$0

Greenlee
La Paz

$2,022,075

$0

$2,270,384,605

$186,955,000

Mohave

$4,285,353

$0

Navajo

$14,989,000

$0

Other

$816,650,000

$53,050,000

Pima

$391,428,396

$0

Pinal

$152,076,699

$0

$8,085,000

$0

$1,594,465,000

$141,970,000

$206,339,454

$0

Maricopa

Santa Cruz
State
Yavapai
Yuma

$310,685,000

$0

Total

$5,890,955,642

$381,975,000

COUNTIES
During the FY 2007/08, three counties
reported six new bond issues totaling $279.9
million. The following is a breakdown of this
total:

9 $104.5 million in general obligation
bonds by two counties;

9 $125.4 million in revenue bonds by
two counties.

9 $50.0 million in a lease purchase by
one county;

New county debt for FY 2007/08 can be
found in Table 38.

CITIES AND TOWNS
City and town debt comes in a variety of
forms including general obligation, revenue,
special
assessment,
certificates
of
participation, lease purchase, and municipal
property corporation bonds. In general,
cities and towns obtain debt to improve
roads, highways, waste water systems and
other municipal facilities.
During FY 2007/08 thirty one cities and
towns incurred $2,193.7 million in new debt.
The following is a breakdown of this total:

9

$925.4 million in revenue bonds,
reported by twenty five cities and
towns; and

9

$257.7 million in general obligation
debt, reported by seven cities and
towns;

9

$7.3 million in the form of lease
purchases, reported by two cities
and towns;

9

$984.7 million in debt issued
through
municipal
property
corporations, reported by six cities
and towns;

9

$1.6 million in a special assessment
bond, reported by one city;

9

$15.9 million in a certificate of
participation, reported by one city;

Projects for new debt issued by cities in
towns during FY 2007/08 include: $254.9
million for wastewater and sewer projects,
$240.7 million for streets/highways, $1,351.0
million for municipal improvement projects,
$7.3 million for various lease, and $130.7
million for refunding.
Detail of the new debt issues reported by
cities and towns for this fiscal year can be
found in Table 39.

6Copies

of the Report of Bond and Security Issuance forms as provided by the jurisdictions can
be obtained upon request.

133

COMMUNITY COLLEGES

SPECIAL DISTRICTS

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
college districts statewide, none reported
new debt during FY 2007/08.

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:

Detail on new issues by Community
Colleges can be found in Table 40.

During FY 2007/08, thirty two special
districts incurred $331.4 million in new debt.
The following is a breakdown of this total:

SCHOOL DISTRICTS
As discussed in section one, school districts
incur, primarily, general obligation debt,
subject to the limitations established by the
constitution. During FY 2007/08, fifty two of
Arizona school districts reported new
general obligation debt in the amount of
$857.3 (of this amount $56.3 million of this
amount was for refunding). An additional
$4.5 million was reported by four school
districts in the form of long term lease
purchase agreements.
Thirteen of the fifteen Arizona counties had
school districts that issued new debt.
Maricopa county schools accounted for
approximately 67% of all new general
obligation debt by issuing $572.2 million. Of
this amount, $56.3 million is to be used in a
refunding capacity. The remaining $515.9
million is for improvement projects of various
types.
Arizona school districts that reported debt
for FY 2007/08 had, as of the date of their
report, outstanding debt in the amount of
$4.7 billion. New debt and new lease
purchases, then, account for 17.6% of total
outstanding debt for school districts.
Detail of all new debt issued by school districts
in FY 2007/08 can be found in Table 41.

9

$84.2 million in revenue bonds,
issued by eight special districts;

9

$118.4 million in general obligation
bonds, issued by fourteen special
districts.

9

$116.7
million
in
special
assessment bonds, issued by nine
special districts;

9

$2.1 million in lease purchase debt,
issued by two special districts;

9

$10.0 million in a certificate of
participation bond by one special
district.

Detail of all new debt issued by special
districts for FY 2007/08 can be found in
Table 42.

STATE AGENCIES, UNIVERSITIES
AND OTHERS
Entities listed in this section issue, almost
exclusively, are revenue bonds. During FY
2007/08, one certificate of participation was
issued as well:

9 $2,367.1 million in revenue bonds,
issued by eleven agencies, universities
and others;
9 $239.0 million in a certificate of
participation bond, issued by one
agency.
Detail of new debt issued by state agencies,
universities and other jurisdictions for FY
2007/08 can be found in Table 43.

134

TABLE 38
COUNTY NEW ISSUES IN FY 2008
Name

Bond Type

# of Issues

Pima

General Obligation

1

$100,000,000

Pima

Revenue

2

$100,000,000

Pinal County-GADA

General Obligation

1

$4,495,000

Yavapai

Lease Purchase

1

$50,000,000

Yavapai

Revenue

1

$25,375,000

Grand Total:

Amount

$279,870,000

135

TABLE 39
CITY NEW ISSUES IN FY 2008
Name

Bond Type

# of Issues

Amount

Casa Grande

General Obligation

1

$11,000,000

Cave Creek

Revenue

2

$11,000,000

Chino Valley
Chino Valley

Municipal Property Corporation
Revenue

1
2

$1,332,000
$6,358,000

Cottonwood

Revenue

1

$19,935,000

Douglas

Revenue

1

$3,000,000

Eagar

Revenue

2

$2,896,000

El Mirage
El Mirage

General Obligation
Revenue

1
2

$1,145,000
$5,940,000

Glendale

Municipal Property Corporation

3

$94,235,000

Glendale

Revenue

2

$174,610,000

Goodyear

General Obligation

1

$44,540,000

Goodyear

Revenue

1

$74,265,000

Kingman
Mesa

Revenue
General Obligation

1
1

$4,200,000
$15,450,000

Mesa

Revenue

2

$74,000,000

Paradise Valley

Lease Purchase

1

$7,037,011

Peoria

Municipal Property Corporation

1

$47,000,000

Peoria

Revenue

2

$51,316,794

Phoenix
Prescott

Municipal Property Corporation
Lease Purchase

2
1

$728,370,000
$227,454

Prescott

Revenue

2

$14,557,000

Prescott Valley

Certificates of Participation

1

$15,910,000

Prescott Valley

Revenue

1

$16,620,000

Queen Creek
Safford

Revenue
Revenue

1
3

$40,000,000
$13,900,000

Sahuarita

Revenue

2

$32,725,525

Scottsdale

General Obligation

1

$120,000,000

Scottsdale

Municipal Property Corporation

1

$105,875,000

Scottsdale

Revenue

1

$35,290,000

Sedona
Show Low

Revenue
Revenue

1
1

$17,915,000
$3,185,000

Sierra Vista

Revenue

1

$22,500,000

South Tucson

Municipal Property Corporation

2

$7,905,000

Tempe

General Obligation

1

$66,365,000

Tempe
Thatcher

Revenue
Revenue

1
1

$30,170,000
$2,495,000

Tucson

Revenue

2

$38,225,000

Tucson

Special Assessment

3

$1,572,655

Willcox

General Obligation

1

$315,000

Williams

Revenue

2

$10,524,561
136

TABLE 39
CITY NEW ISSUES IN FY 2008
Name

Bond Type

Yuma

Revenue

# of Issues
3
Grand Total:

Amount
$219,810,000
$2,193,717,000

137

TABLE 40
COMMUNITY COLLEGE NEW ISSUES IN FY 2008
Name

Bond Type

# of Issues
#Error
Grand Total:

Amount
#Error
None

138

TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2008
Dist. #

Name

County

Bond Type

# of Issues

Amount

8

Window Rock USD

Apache

General Obligation-Class B

1

$3,245,000

10

Round Valley USD

Apache

General Obligation-Class B

1

$5,000,000

9
1

Benson USD
Flagstaff USD

Cochise
Coconino

General Obligation-Class B
General Obligation-Class B

1
1

$6,365,000
$10,000,000

10

Payson USD

Gila

General Obligation-Class B

1

$20,000,000

6

Pima USD

Graham

General Obligation-Class B

1

$1,170,000

2

Riverside ESD

Maricopa

General Obligation-Class B

1

$5,750,000

3

Tempe ESD

Maricopa

General Obligation-Class B

1

$25,215,000

4
6

Mesa USD
Washington ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

2
1

$70,510,000
$11,640,000

11

Peoria USD

Maricopa

General Obligation-Class B

1

$13,500,000

17

Tolleson ESD

Maricopa

Lease Purchase

1

$198,800

21

Murphy ESD

Maricopa

General Obligation-Class B

1

$2,000,000

24
25

Gila Bend USD
Liberty ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$3,800,000
$3,935,000

28

Kyrene ESD

Maricopa

General Obligation-Class B

1

$30,000,000

33

Buckeye ESD

Maricopa

General Obligation-Class B

1

$7,365,000

41

Gilbert USD

Maricopa

General Obligation-Class B

1

$70,000,000

44

Avondale ESD

Maricopa

General Obligation-Class B

1

$6,500,000

45
49

Fowler ESD
Palo Verde ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$3,790,000
$1,500,000

59

Laveen ESD

Maricopa

General Obligation-Class B

1

$3,750,000

60

Higley USD

Maricopa

General Obligation-Class B

1

$24,310,000

65

Littleton ESD

Maricopa

General Obligation-Class B

1

$7,830,000

66

Roosevelt ESD

Maricopa

General Obligation-Class B

1

$20,000,000

69
79

Paradise Valley USD
Litchfield ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$40,000,000
$10,000,000

89

Dysart USD

Maricopa

General Obligation-Class B

1

$58,700,000

92

Pendergast ESD

Maricopa

General Obligation-Class B

1

$7,400,000

95

Queen Creek USD

Maricopa

General Obligation-Class B

1

$14,580,000

97
98

Deer Valley USD
Fountain Hills USD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$21,000,000
$8,000,000

201

Buckeye UHSD

Maricopa

General Obligation-Class B

1

$15,135,000

213

Tempe UHSD

Maricopa

General Obligation

1

$35,765,000

214

Tolleson UHSD

Maricopa

General Obligation-Class B

1

$13,000,000

20

Kingman USD

Mohave

Lease Purchase

1

$85,353

2
32

Joseph City USD
Blue Ridge USD

Navajo
Navajo

General Obligation-Class B
General Obligation-Class B

1
1

$5,200,000
$5,000,000

1

Tucson USD

Pima

General Obligation-Class B

1

$47,000,000

1

Tucson USD

Pima

Lease Purchase

4

$3,408,187

8

Flowing Wells USD

Pima

Lease Purchase

1

$40,867
139

TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2008
Dist. #

Name

County

10

Amphitheater USD

Pima

General Obligation-Class B

1

$20,000,000

30

Sahuarita USD

Pima

General Obligation-Class B

1

$9,000,000

Florence USD
Casa Grande ESD

Pinal
Pinal

General Obligation-Class B
General Obligation-Class B

1
1

$21,150,000
$6,600,000

20

Maricopa USD

Pinal

General Obligation-Class B

1

$16,705,000

21

Coolidge USD

Pinal

General Obligation-Class B

1

$12,000,000

44

J. O. Combs USD

Pinal

General Obligation-Class B

1

$8,580,000

35

Santa Cruz Valley USD

Santa Cruz

General Obligation-Class B

1

$4,250,000

9
22

Sedona-Oak Creek USD Yavapai
Humboldt USD
Yavapai

General Obligation-Class B
General Obligation-Class B

1
1

$25,000,000
$26,000,000

43

Mayer USD

Yavapai

General Obligation-Class B

1

$2,000,000

13

Crane ESD

Yuma

General Obligation-Class B

1

$2,240,000

50

Antelope UHSD

Yuma

General Obligation-Class B

1

$2,350,000

70

Yuma UHSD

Yuma

General Obligation-Class B

1

$26,315,000

1
4

Bond Type

# of Issues

Grand Total:

Amount

$823,878,207

140

TABLE 42
SPECIAL DISTRICT NEW ISSUES IN FY 2008
Name

County

Bond Type

# of Issues

Pleasant Valley Fire District

Gila

Lease Purchase

1

$39,500

La Paz County Jail District

La Paz

Lease Purchase

1

$2,022,075

Centerra Community Facilities District
Estrella Mountain Ranch CFD

Maricopa
Maricopa

General Obligation
General Obligation

1
1

$965,000
$12,750,000

Estrella Mountain Ranch CFD

Maricopa

Special Assessment

2

$14,608,000

Festival Ranch Community Facilities District

Maricopa

General Obligation

1

$1,535,000

Festival Ranch Community Facilities District

Maricopa

Special Assessment

1

$1,784,000

Goodyear CFD - Utilities

Maricopa

General Obligation

1

$24,015,000

Marley Park Community Facilities District
McDowell Road Commercial Corridor Improvement

Maricopa
Maricopa

General Obligation
Special Assessment

1
1

$3,950,000
$47,165,000

Palm Valley Community Facilities District

Maricopa

General Obligation

1

$4,000,000

Scottsdale Waterfront Commercial CFD

Maricopa

General Obligation

1

$3,805,000

Spectrum Improvement District

Maricopa

Special Assessment

1

$7,370,000

Tartesso West Community Facilities District
Tempe Improvement Districts

Maricopa
Maricopa

General Obligation
Special Assessment

1
1

$8,750,000
$25,190,000

Westpark Community Facilities District

Maricopa

General Obligation

1

$2,480,000

Bucking Horse Improvement District

Navajo

Special Assessment

1

$524,000

Show Low Bluff CFD

Navajo

General Obligation

1

$480,000

Show Low Improvement District #7

Navajo

Special Assessment

1

$600,000

Gladden Farms Community Facilities District
Green Valley Fire District

Pima
Pima

General Obligation
Certificates of Participation

1
1

$3,075,000
$10,000,000

Metropolitan Domestic WID

Pima

Revenue

1

$12,625,000

Picture Rocks Fire District

Pima

Special Assessment

1

$29,876

Rincon Valley Fire District

Pima

General Obligation

1

$5,065,000

Electrical District # 2

Pinal

Revenue

1

$20,915,000

Electrical District # 3
Electrical District # 4

Pinal
Pinal

Revenue
Revenue

2
1

$31,622,374
$17,470,000

Papago Butte Domestic WID

Pinal

Revenue

1

$1,337,325

Villa Grande Domestic Water Improvement District

Pinal

Revenue

1

$202,000

Rio Rico Fire District

Santa Cruz

General Obligation

1

$3,835,000

Southside Community Facilities District # 1
East San Luis Community Facilities District

Yavapai
Yuma

Special Assessment
Special Assessment

1
1

$3,025,000
$16,435,000

Yuma County Free Library District

Yuma

General Obligation

1

$43,715,000

Grand Total:

Amount

$331,384,150

141

TABLE 43
STATE AGENCY, UNIVERSITY AND OTHER NEW ISSUES FY 2008
Name

Bond Type

# of Issues

Amount

Arizona Health Facilities Authority

Revenue

4

$478,160,000

Arizona Housing Finance Authority

Revenue

2

$46,620,000

Arizona School Facilities Board
Arizona Sports and Tourism Authority

Revenue
Revenue

1
1

$82,880,000
$53,050,000

Arizona State University

Revenue

1

$103,680,000

Department of Administration

Certificate of Participation

1

$238,990,000

Department of Transportation

Revenue

2

$438,000,000

GADA
Northern Arizona University

Revenue
Revenue

2
1

$54,265,000
$38,695,000

Salt River Project

Revenue

1

$816,650,000

State Transportation Board

Revenue

1

$193,950,000

University of Arizona

Revenue

2

$61,195,000

Grand Total:

$2,606,135,000

142

SECTION THREE

LEASE PURCHASES

143

144

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
2007/08. 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 2007/08, 936 political subdivisions
and state agencies submitted reports.
Reports submitted for this fiscal year
reflected 1,503 lease purchase contracts
with $946.6 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 44. Table 45 lists all political
subdivisions and state agencies who
reported having no lease purchases or third
party financing contracts.

145

146

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Apache
Alpine ESD
Alpine Fire District

2
2

$0
$140,150

$11,286
$303,700

Apache County

3

$901,339

$152,613

Chinle USD

1

$9,900

$257,871

Concho ESD

1

$0

$11,534

Concho Fire District

3

$242,976

$152,359

Eagar
Ganado USD

5
4

$872,569
$245,511

$55,912
$399,315

Greer Fire District

3

$135,096

$68,196

Puerco Valley Fire District

2

$0

$345,397

Red Mesa USD

1

$0

$426,924

St. Johns
Vernon ESD

4
1

$1,293,170
$14,698

$447,193
$50,304

Window Rock USD

1

$7,505

$14,191

33

$3,862,914

$2,696,795

Ash Creek ESD
Benson

4
9

$61,174
$3,560,668

$74,609
$2,388,033

Benson USD

2

$62,528

$228,691

Bisbee

6

$632,644

$104,890

Bowie USD

2

$53,325

$65,984

Totals for Apache
Cochise

Cochise County

11

$2,392,907

$1,055,833

Douglas
Fort Huachuca Accomodation School

8
15

$1,099,906
$17,111

$1,158,802
$111,835

Huachuca City

1

$0

$7,920

Naco ESD

1

$61,696

$41,980

Naco Fire District

2

$62,150

$14,416

Naco Sanitary District

1

$131,292

$68,708

Palominas Fire District
Pearce ESD

2
1

$160,098
$0

$160,104
$72,893

San Jose Fire District

1

$0

$32,760

San Simon USD

1

$38,573

$55,813

Sierra Vista

9

$5,370,324

$5,118,701

Sierra Vista USD
St. David USD

8
2

$6,185
$72,676

$471,558
$83,276

147

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Sunsites-Pearce Fire District

Number of Contracts

Amount Outstanding

Amount Retired

1

$0

$119,700

Tombstone
Tombstone USD

2
2

$121,035
$31,230

$168,143
$470

Valley UHSD

1

$0

$96,874

Whetstone Fire District

2

$317,553

$191,164

Willcox

3

$123,763

$17,930

Willcox USD

2

$174,980

$224,807

99

$14,551,818

$12,135,893

Blue Ridge Fire District

1

$469,999

$114,438

Coconino Comm College

2

$335,775

$91,645

Flagstaff

4

$7,324,650

$1,857,948

Flagstaff USD
Forest Lakes Domestic WID

9
2

$510,488
$55,840

$1,016,896
$188,316

Fort Valley Fire District

4

$2,387,183

$80,006

Grand Canyon USD

5

$58,566

$38,290

Greenehaven Fire District

1

$20,062

$61,238

Highlands Fire District
Junipine Fire District

3
2

$2,406,135
$25,277

$609,151
$39,723

Kaibab Estates West Fire District

1

$0

$60,000

Maine Consolidated ESD

2

$15,016

$70,084

Page

22

$770,925

$546,817

Page USD

Totals for Cochise
Coconino

18

$318,723

$388,581

Pinewood Fire District
Pinewood Sanitary District

3
4

$574,069
$3,692,642

$63,084
$1,385,964

Ponderosa Fire District

5

$1,001,864

$298,182

Sherwood Forest Estates Fire District

1

$137,468

$20,532

Summit Fire District

6

$1,678,073

$703,168

Tusayan Fire District

3

$761,868

$320,976

Williams
Williams USD

3
8

$931,680
$38,966

$1,088,320
$329,682

109

$23,515,269

$9,373,041

Beaver Valley Fire District

1

$37,751

$12,249

Canyon Fire District
Christopher-Kohl's Fire District

1
2

$263,260
$177,157

$42,452
$34,943

Totals for Coconino
Gila

148

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Gila Community College

Number of Contracts

Amount Outstanding

Amount Retired

2

$15,914

$26,990

Gila County
Gisela Valley Fire District

6
1

$1,102,270
$7,875

$636,327
$14,625

Globe

3

$5,192,310

$607,590

Globe USD

9

$173,950

$750,974

Hayden-Winkelman USD

1

$46,790

$66,614

Hellsgate Fire District

6

$666,132

$219,518

Houston Mesa Fire District
Miami

1
1

$36,412
$1,141

$82,954
$0

Miami USD

4

$219,214

$91,594

Payson

6

$605,947

$463,455

Payson USD

5

$1,204,890

$1,755,093

Pine Strawberry ESD
Pine Strawberry Fire District

3
5

$43,402
$350,825

$2,485
$442,433

Pleasant Valley Fire District

1

$39,500

$0

Star Valley

1

$3,782

$1,812

Tonto Basin Fire District

2

$157,863

$231,646

Tri-City Fire District

2

$579,905

$116,632

Winkelman
Young ESD

2
1

$5,148
$43,716

$4,313
$52,959

66

$10,975,154

$5,657,659

Totals for Gila
Graham
Eastern Arizona College

1

$7,522

$6,748

Ft. Thomas Fire District
Graham County

1
4

$31,000
$310,672

$0
$247,736

Pima

6

$289,522

$156,374

Pima USD

3

$45,421

$42,781

18

$3,893,450

$903,232

Safford USD

1

$800,665

$197,797

Solomon ESD

1

$40,989

$42,620

35

$5,419,241

$1,597,288

11

$1,778,992

$883,116

1

$63,230

$69,708

12

$1,842,222

$952,824

Safford

Totals for Graham
Greenlee
Greenlee County
Morenci USD
Totals for Greenlee

149

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

La Paz
Bicentennial UHSD
Bouse Elementary

1
3

$105,922
$81,075

$29,802
$56,399

Buckskin Fire District

1

$207,452

$153,567

Ehrenberg Fire District

2

$231,507

$188,834

La Paz County

2

$67,517

$159,444

La Paz County Jail District

1

$2,022,075

$0

McMullen Valley Fire District
Parker

3
2

$250,829
$47,765

$240,245
$30,833

10

$267,649

$479,684

2

$81,826

$120,860

27

$3,363,617

$1,459,668

2

$279,177

$476,565

Quartzsite
Quartzsite ESD
Totals for La Paz
Maricopa
Agua Fria UHSD
Aguila Fire District

1

$22,772

$42,228

Alhambra ESD

2

$418,182

$312,170

Arlington USD

3

$3,810

$53,437

Avondale
Avondale ESD

4
6

$2,138,834
$136,729

$1,728,321
$305,933

Balsz ESD

4

$361,630

$448,474

17

$2,128,348

$1,790,744

1

$4,416

$16,450

Buckeye
Buckeye ESD
Buckeye UHSD

12

$820,785

$1,114,411

Carefree
Cave Creek USD

2
4

$3,369,006
$107,292

$412,310
$882,013

Chandler

2

$0

$57,558

Circle City/Morristown Fire District

2

$72,862

$337,107

Creighton ESD

1

$190,355

$381,235

13

$2,868,363

$1,871,229

Deer Valley USD
Fountain Hills USD

2
2

$327,232
$446,917

$2,588,255
$918,439

Fowler USD

1

$69,616

$0

Gila Bend USD

2

$50,036

$333,817

Gilbert USD

13

$11,364,106

$9,581,838

Glendale
Glendale ESD

19
5

$21,570,564
$364,856

$37,515,469
$351,783

Daisy Mountain Fire District

150

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Glendale UHSD

Amount Outstanding

Amount Retired

5

$1,454,748

$2,152,455

Guadalupe
Harquahala Valley Fire District

4
2

$156,975
$348,360

$301,214
$179,922

Higley USD

1

$0

$19,968

Kyrene ESD

1

$0

$126,260

Laveen ESD

2

$0

$724,349

Liberty ESD

2

$284,718

$247,967

Litchfield Park
Littleton ESD

1
8

$0
$528,884

$167,100
$656,034

Madison ESD

4

$2,904,232

$772,849

31

$54,588,247

$35,644,014

Maricopa County Community College

3

$211,232

$429,719

Maricopa County Library District
Maricopa County Regional Schools

1
4

$117,399
$2,468

$691,436
$111,718

21

$17,695,430

$20,270,865

Mesa USD

1

$0

$144,063

Morristown USD

3

$140,407

$78,489

Murphy ESD

6

$37,907

$111,696

Nadaburg ESD
Osborn ESD

1
1

$90,755
$0

$128,757
$385,998

Paloma ESD

1

$78,783

$22,032

Paradise Valley

8

$11,414,115

$2,897,836

Paradise Valley USD

3

$2,839,698

$769,159

Pendergast ESD
Peoria

7
4

$1,576,628
$132,020

$3,404,009
$462,731

Peoria USD

8

$3,142,869

$5,020,088

Phoenix

4

$590,969

$384,039

Phoenix ESD

2

$2,043,430

$2,022,095

Queen Creek

1

$0

$484,560

Rancho Jardines Irrigation Water & Delivery
Riverside ESD

1
1

$11,271
$573,195

$6,729
$426,805

Roosevelt ESD

1

$0

$553,909

Roosevelt Irrigation District

1

$247,659

$38,915

Saddle Mountain USD

3

$148,091

$583,663

Scottsdale

2

$237,868

$149,499

Scottsdale USD
Sun City Fire District

5
2

$1,737,434
$3,576,585

$895,832
$1,123,415

Maricopa County

Mesa

151

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Sun City West Fire District

Number of Contracts

Amount Outstanding

Amount Retired

4

$6,756,371

$3,983,495

Sun Lakes Fire District
Tempe

1
6

$0
$11,310,305

$1,800,000
$2,941,925

Tolleson ESD

3

$799,690

$694,444

Tolleson UHSD

2

$223,815

$212,645

Tonopah Valley Fire District

2

$459,402

$57,538

Union ESD

4

$21,117

$442,910

Vistancia Community Facilities District
Washington ESD

1
1

$1,235,000
$1,479,586

$0
$445,455

Wickenburg

3

$983,138

$322,102

Wickenburg USD

6

$429,863

$235,744

Williams Gateway Airport Authority

2

$3,000,000

$2,125,000

311

$180,726,552

$157,371,233

Totals for Maricopa
Mohave
Beaver Dam/Littlefield Fire District

1

$58,167

$102,333

12

$1,106,473

$5,136,269

Bullhead City ESD

3

$1,117,272

$486,937

Bullhead City Fire District
Colorado City

2
6

$0
$404,515

$1,779,000
$345,744

Colorado City USD

1

$99,154

$5,096

Colorado River UHSD

5

$2,811,088

$654,988

Fort Mojave Mesa Fire District

1

$1,290,000

$195,000

Golden Shores Fire District

3

$320,941

$116,294

Golden Valley Fire District
Hackberry ESD

1
1

$104,557
$5,588

$61,927
$2,112

Havasu Heights Domestic WID

1

$256,708

$272,992

Hualapai Valley Fire District

3

$802,626

$558,485

Kingman USD

7

$1,699,557

$1,816,956

20

$6,155,087

$4,378,053

Lake Havasu USD
Lake Mohave Ranchos Fire District

7
2

$4,433,114
$23,552

$2,790,409
$80,955

Littlefield ESD

2

$77,059

$112,286

Mohave Comm Coll District

2

$12,890

$321,472

Mohave Comm College Admin

1

$383,905

$284,283

Mohave Community College
Mohave Valley ESD #16

1
1

$7,603
$607,607

$10,406
$891,994

Bullhead City

Lake Havasu City

152

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Pine Lake Fire District

Number of Contracts

Amount Outstanding

Amount Retired

1

$56,209

$18,791

Pinion Pine Fire District
So-Hi Domestic WID

1
1

$20,887
$204,476

$44,113
$456,496

Topock ESD

1

$17,633

$62,367

87

$22,076,668

$20,985,758

Blue Ridge USD
Cedar USD

8
5

$884,322
$91,038

$1,502,663
$142,654

Clay Springs/Pinedale Fire District

1

$30,989

$119,011

Heber-Overgaard Fire District

1

$1,098,265

$151,735

Heber-Overgaard USD

1

$18,499

$37,053

Holbrook

1

$84,444

$77,556

Joseph City Fire District
Joseph City USD

2
2

$227,396
$24,822

$170,104
$180,611

Totals for Mohave
Navajo

Kayenta USD

24

$84,076

$369,924

Lakeside Fire District

2

$1,366,778

$223,732

Linden Fire District

2

$98,618

$326,902

Navajo County
Northland Pioneer College

1
2

$0
$75,410

$63,086
$449,117

Pinetop Fire District

2

$1,310,686

$271,354

Pinetop-Lakeside

4

$928,858

$989,556

Pinetop-Lakeside Sanitary District

1

$0

$800,000

Pinon USD

3

$2,786,973

$1,633,027

Show Low Fire District
Show Low USD

4
1

$1,460,291
$383,074

$503,782
$84,644

Snowflake

1

$2,483,328

$516,672

Snowflake USD

1

$252,819

$134,623

Taylor

4

$364,864

$221,136

White Mountain Lake Fire District

2

$112,789

$49,461

Winslow
Winslow USD

8
2

$934,216
$799,914

$1,057,431
$2,838

85

$15,902,469

$10,078,672

1

$5,124

$9,769

University Medical Center

13

$5,521,961

$2,713,711

Totals for Other

14

$5,527,085

$2,723,480

Totals for Navajo
Other
Arizona Sports and Tourism Authority

153

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Pima
Amphitheater USD
Catalina Foothills USD

3
2

$378,823
$820,150

$552,189
$410,075

Cmo Ojo De Agua Improvement District

1

$53,454

$69,046

Continental USD

3

$128,030

$93,377

Corona De Tucson Fire District

2

$2,419,678

$41,556

Drexel Heights Fire District

1

$0

$150,000

Flowing Wells USD
Golder Ranch Fire District

3
3

$226,808
$584,096

$501,103
$579,116

Green Valley Fire District

3

$1,039,753

$1,244,965

Hayhook Ranch Improvement District

1

$762,791

$242,880

Indian Oasis-Baboquivari USD

3

$9,256

$619,996

La Canada Fire District
Marana

1
1

$144,002
$115,578

$15,998
$84,868

Metropolitan Domestic WID

8

$1,496,203

$1,408,990

Mount Lemmon Fire District

2

$157,240

$174,000

No. La Cholla Sewer District

1

$524,167

$1,297,540

Northwest Fire District

3

$2,169,900

$2,669,325

Picture Rocks Fire District
Pima County

2
3

$639,713
$50,265,612

$129,317
$275,862

Pima County Community College

1

$4,295,000

$790,000

Pima County Stadium District

2

$24,680,000

$7,720,000

Rincon Valley Fire District

3

$1,028,521

$266,115

Sahuarita USD
South Tucson

4
1

$125,453
$185,193

$734,738
$91,644

Sunnyside USD

3

$945,298

$2,985,171

Three Points Fire District

1

$0

$1,800,808

82

$25,151,913

$18,205,419

Tucson
Tucson Airport Authority

1

$57,356

$323,631

11
6

$3,726,540
$694,409

$5,548,581
$662,791

161

$122,824,937

$49,689,101

Apache Junction USD

1

$0

$437,616

Arizona City Fire District
Arizona City Sanitary District

1
1

$1,030,985
$6,799,928

$169,015
$1,402,104

Tucson USD
Vail ESD
Totals for Pima
Pinal

154

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Casa Grande

Amount Outstanding

Amount Retired

7

$23,562,940

$8,522,494

Casa Grande ESD
Casa Grande UHSD

2
4

$888,594
$33,905

$361,406
$208,909

Central Arizona College

2

$14,793,032

$3,825,000

Combs ESD

6

$2,485,513

$1,052,830

Coolidge

7

$2,612,886

$2,317,121

10

$2,098,678

$3,189,979

Eloy
Eloy ESD

9
3

$2,051,646
$83,541

$1,225,216
$206,754

Eloy Fire District

1

$0

$168,928

Florence

2

$701,913

$317,087

11

$3,013,478

$2,717,514

Kearny
Mammoth Fire District

3
1

$385,544
$5,668

$177,374
$18,262

Maricopa

4

$1,228,251

$682,826

Maricopa USD

5

$683,930

$398,243

Oracle ESD

4

$174,994

$242,353

Picacho ESD

2

$75,198

$91,998

14
1

$5,740,171
$25,410

$5,509,321
$55,340

Coolidge USD

Florence USD

Pinal County
Queen Valley Domestic WID
Queen Valley Fire District

1

$0

$160,433

Queen Valley Sanitary District

1

$0

$20,913

Ray USD

1

$29,412

$58,276

San Carlos Irrigation & Drainage District
Santa Cruz Valley UHSD

1
2

$252,824
$18,158

$162,176
$156,252

Stanfield ESD

3

$215,752

$481,293

Superior

1

$9,462

$3,010

Superior USD

1

$197,379

$56,441

Thunderbird Irrigation District #2

1

$19,377

$27,623

Thunderbird Irrigation District #3
Water Utilities Community Facilities District

1
2

$38,837
$2,464,966

$11,163
$421,692

116

$71,722,373

$34,856,962

Nogales

8

$1,556,422

$1,176,511

Nogales Suburban Fire District
Patagonia

1
1

$297,398
$4,808

$3,487
$7,733

Totals for Pinal
Santa Cruz

155

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Rio Rico Fire District

Amount Outstanding

Amount Retired

3

$1,106,052

$402,835

Santa Cruz County
Santa Cruz Valley USD

7
2

$2,063,636
$17,189

$554,697
$284,549

Tubac Fire District

3

$286,643

$545,557

25

$5,332,148

$2,975,369

1
24

$3,207
$13,023,562

$85,962
$6,955,194

Board of Nursing

1

$20,997

$173,845

Commission for Postsecondary Education

1

$13,662

$1,698

Court of Appeals Div 1

3

$134,903

$127,111

Department of Administration

3

$113,147,089

$10,022,911

Department of Corrections
Department of Economic Security

5
7

$110,505,000
$2,236,665

$18,400,000
$6,348,437

Department of Environmental Quality

1

$434,964

$781,066

Department of Insurance

1

$103,168

$49,197

Department of Public Safety

2

$5,626,273

$2,487,154

11
1

$8,550,822
$0

$4,871,855
$717,754

Game and Fish Department

7

$1,110,963

$359,812

Legislative Council

1

$71,509

$599,439

Northern Arizona University

5

$50,201,861

$38,917,313

Totals for Santa Cruz
State
Arizona Exposition & State Fair
Arizona State University

Department of Transportation
Department of Water Resources

School for the Deaf and Blind

2

$250,108

$550,660

31
31

$4,066,799
$54,526,930

$2,032,635
$20,367,233

1

$1,082

$9,303

139

$364,029,563

$113,858,578

Ash Fork Fire District
Ash Fork USD

2
4

$11,184
$1,718,769

$99,969
$1,674,555

Bagdad USD

5

$203,602

$169,756

Beaver Creek ESD

6

$89,263

$49,313

Black Canyon City WID

1

$286,451

$221,049

Black Canyon Fire District

1

$242,479

$119,703

Camp Verde
Camp Verde Fire District

1
3

$20,490
$505,410

$19,510
$297,317

Supreme Court
University of Arizona
Water Infrastructure Finance Authority
Totals for State
Yavapai

156

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Camp Verde Sanitary District

Number of Contracts

Amount Outstanding

Amount Retired

4

$10,784,954

$72,985

Canon ESD
Chino Valley

1
3

$191,674
$2,081,814

$145,756
$248,186

Chino Valley USD

9

$351,643

$366,642

Clarkdale

2

$441,593

$152,961

Clarkdale-Jerome ESD

7

$23,631

$63,431

Congress Fire District

2

$31,090

$197,787

Cottonwood
Cottonwood-Oak Creek ESD

4
2

$1,418,176
$78,058

$879,931
$100,215

Dewey-Humboldt

1

$0

$10,578

Groom Creek Fire District

1

$185,567

$64,433

Humboldt USD

2

$0

$508,315

Jerome
Kirkland ESD

1
1

$97,091
$69,008

$302,909
$46,006

Mayer Fire District

4

$261,133

$110,102

Mayer USD

2

$246,241

$90,154

Mingus UHSD

3

$169,560

$142,783

Montezuma Rimrock Fire District

4

$906,942

$541,700

1
11

$305,050
$2,614,742

$94,950
$4,882,881

Ponderosa Park Domestic WID
Prescott
Prescott USD

2

$1,802,067

$1,198,191

Prescott Valley

1

$7,181

$7,903

Sedona Fire District

3

$841,015

$474,187

Sedona-Oak Creek USD
Skull Valley ESD

8
1

$69,787
$0

$71,465
$96,063

Verde Valley Fire District

1

$0

$988,330

Yavapai College

2

$3,924,384

$398,616

Yavapai Community College

8

$7,027,737

$2,317,215

Yavapai County

1

$50,000,000

$0

115

$87,007,786

$17,225,847

Antelope UHSD

1

$39,015

$30,955

Crane ESD

1

$206,889

$207,283

Hyder ESD

1

$42,857

$52,082

1
29

$4,564
$1,691,952

$15,435
$1,098,350

Totals for Yavapai
Yuma

Mohawk Valley ESD
San Luis

157

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Somerton

Number of Contracts

Amount Outstanding

Amount Retired

9

$751,124

$1,301,001

1
12

$71,090
$906,528

$195,766
$853,192

Wellton USD

2

$62,522

$7,411

Yuma County

3

$291,308

$272,404

Yuma ESD

8

$2,096,866

$6,610,741

Yuma UHSD

3

$1,824,642

$2,651,418

71

$7,989,358

$13,296,037

1,505

$946,669,175

$456,934,204

Somerton ESD
Wellton

Totals for Yuma
Grand Totals:

158

TABLE 45
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
Crosby Acres Special District
Greer Acres Improvement District
Little Colorado Sanitary District
McNary ESD
Northern Apache County Health Care District
Ojo Bonito Estates Domestic WID
Round Valley USD
Sanders USD
Springerville
St. Johns USD
White Mountain Health Care District
Cochise
Apache ESD
Babocomari Fire District
Bisbee USD
Bowie Fire District
Bowie Light District
Carmel Light District
Cochise County Flood Control District
Cochise County Library District
Cochise ESD
Double Adobe ESD
Douglas USD
Elfrida ESD
Elfrida Fire District
Fry Fire District
Golden Acres Light District
McNeal ESD
Naco Light District
Northern Cochise County Hospital District
Page Hospital District
Palominas ESD
PBW Fire District
Pirtleville Fire District

159

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Pirtleville Light District
Pomerene Domestic WID
Pomerene ESD
Pomerene Fire District
Rucker ESD
San Pedro Valley Hospital District
St. David Fire District
St. David Flood Control District
St. David Irrigation District
Sunnyside Fire District
Sunsites Light District

Coconino
Buckboard Trail Improvement District
Chevelon Butte ESD
Coconino County
Coconino County Flood Control District
Coconino County Jail District
Coconino County Library District
Flagstaff Ranch Fire District
Flagstaff Special Districts
Forest Lakes Fire District
Fredonia
Fredonia-Moccasin USD
Kachina Trail Improvement District
Kachina Village Improvement District
Kachina Village Paving District
Kiowa-Comanche County Improvement District
Linda Lane Road Improvement District
Lupine Road Improvement District
Mormon Lake Fire District
Northside Sewer Improvement District
Oakwood Pines Improvement District
Page Hospital District
Pawnee County Improvement District
Pinon County Improvement District
Rio-Arroyo Improvement District
Rodeo Drive Improvement District
Rudd Tank Road Improvement District
Shoshone County Improvement District

160

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
South Grand Canyon Sanitary District
Toho Tolani Improvement District
Tonawanda County Improvement District
Tuba City USD
Williams Facilities District
Williams Hospital District
Woods Fire District

Gila
Canyon Improvement District
East Verde Park Fire District
Gila County Library District
Hayden
Mesa Del Sanitary District
Miami
Northern Gila County Sanitary District
Payson North Sanitary District
Pinal Sanitary District
Rim Trail #1 Water District
Rim Trail #2 Water District
Round Valley / Oxbow Fire District
San Carlos USD
Tonto Basin ESD
Graham
Bonita ESD
Central Jackson Heights Fire District
Ft. Thomas USD
Gila Valley Irrigation District
Graham County Flood Control District
Klondyke ESD
Mt. Graham Hospital District
Pima Rural Fire District
Safford Rural Fire District
Thatcher
Thatcher USD
Greenlee
Blue ESD
Clifton
Clifton USD
Duncan

161

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Duncan USD
Duncan Valley Rural Fire District
Eagle ESD
Franklin Irrigation District

La Paz
Buckskin Sanitary District
Cibola Valley Irrigation District
La Paz County Hospital District
McMullen Valley Water Conservation & Drainage
Parker USD
Salome Consolidated ESD
Wenden ESD
Maricopa
#K100 Marquerite Drive
#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 Lane
#K94 White Fence Farms
#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

162

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of 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
Cartwright USD
Cave Creek
Centerra Community Facilities District
Chandler USD
Citrus Gardens Irrigation Water Delivery District
Cortina Community Facilities District
Cottonflower Community Facilities District
Cottonwoods Improvement District
DC Ranch Community Facilities District
Dysart USD
Eagle Mountain Community Facilities District
East Morningside Irrigation Water Delivery Dist
El Mirage
Electrical District #5
Electrical District #7
Electrical District #8
Estrella Mountian Ranch CFD
Festival Ranch Community Facilities District
Fountain Hills
Fountain Hills Road District
Fountain Hills Sanitary District
Gila Bend
Gilbert
Goodyear
Goodyear Community Facilities General District
Goodyear Community Facilities Utility District
Groves of Hermosa Vista IWDD #41
Harquahala Valley Irrigation District
Harquahala Valley Power District
Hospital District of Maricopa County
Isaac USD
King Ranch Community Facilities District

163

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
LaMar Irrigation Water Delivery District
Laveen Fire Dstrict
Litchfield ESD
Maricopa County Stadium District
Maricopa County Street Lighting Improvement
Maricopa Water District
Marley Park Community Facilities District
McDowell Mountain Ranch CFD
McDowell Road Commercial Corridor Improvement
McMicken Irrigation 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
Peoria Improvement District #0601
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
Roosevelt Water Conservation District
San Tan Irrigation District
Scottsdale Mountain Community Facilities District
Scottsdale Waterfront Commercial CFD
Sentinel ESD
Spectrum Improvement District
Sunburst Farms Irrigation District
Sundance Community Facilities District

164

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Surprise
Tartesso West CFD
Tatum Ranch Community Facilities District
Tempe ESD
Tempe Improvement Districts
Tempe UHSD
Thoroughbred Farms IWDD #43
Tolleson
Tonopah Irrigation District
Tres Palmas Irrigation Water Delivery District
Turney Tract IWDD #15
Verrado Community Facilities District
Via Linda Road Community Facilities District
Village at Litchfield Park CFD
Watson Road Community Facilities District
West Park Community Facilities District
Western Meadows Irrigation District
Whitcombs Roundup Ranchos IWDD #42
Wickenburg Rural Fire District
Wildflower Ranch CFD #1
Wildflower Ranch CFD #2
Wilson ESD
Woolsey Flood Protection District
Youngtown

Mohave
Bullhead City Pest Abatement District
Bullhead City Sewer Improvement District
Butler Road Improvement District
Cerbat Ranch Street Improvement
Chloride Fire District
Crystal Beach Water Conservation District
Golden Shores Water Conservation District
Golden Valley Improvement District
Holiday Lighting District
Horizon Six Improvement District
Hospital District #1 of Mohave County
Kingman
Lake Havasu City Improvement District
Lake Havasu Irrigation & Drainage District

165

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Lake Havasu Sanitary District
Mohave County
Mohave County Flood Control District
Mohave County Improvement District #126
Mohave County Jail District
Mohave County Library District
Mohave County Television Improvement District
Mohave Valley Fire District
Mohave Valley Irrigation & Drainage District
Mohave Water Conservation District
Owens-Whitney ESD
Peach Springs USD
Rainbow Acres Street Improvement District
Rancho Verde
Scenic Improvement District
Truxton Fire District
Valentine ESD
Yucca ESD
Yucca Fire District

Navajo
Beaver Dam Circle Improvement
Blue Lake Circle
Buck Springs Road Improvement District
Bucking Horse Improvement District
Chaparral Drive Improvement District
Drifting Snow Loop Improvement
Flag Hollow Sewer Improvement
Forest Trails II
Forest Trails III
Heber Domestic WID
Hiawatha Trail Improvement District
High Country Pines
Holbrook USD
Homestead Road
Joseph City Domestic WID
Joseph City Sanitary District
Little Colorado Flood Control District
Madison Lane Circle
Misty Mountain Domestic WID

166

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
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
Porter Creek Domestic WID
Porter Mountain Domestic WID
Scott's Pine Tract A Improvement District
Shoreline Drive CRID
Show Low
Show Low Bluff CFD
Show Low Improvement District #5
Show Low Improvement District #6
Show Low Improvement District #7
Shumway Road Improvement District
Silver Creek County Road
Silver Creek Flood Control District
Sky High Domestic WID
Soaring Eagle CRID
Sutter Drive Improvement District
Sweeping Vista
Timberlake Pines CRID
Timberland Acres Special Road District
White Mountain Lake Special Road District
White Mountain Summer Home
Whiteriver USD
Wild Cat Way Improvement
Wild Horse Road No. 1
Woodruff Fire District
Woodruff Irrigation District

Other
Salt River Project
Valley Metro - Regional Public Transportation Auth
Pima
Ajo USD

167

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
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
Marana USD
Marana WID
No. 1st Avenue Sewer District
North Ranch/Linda Vista Fire District
Oro Valley
Pima County Flood Control District
Pima County Library District
Pima County Mobile Home Relocation District
Quail Creek Community Facilities District
Redhawk Canyon CFD #2
Redington ESD
Rio Nuevo Multipurpose Facilities District
Sabino Vista Fire District
Sahuarita
San Fernando ESD
Silverbell Irrigation & Drainage District
Tangerine Farms Road Improvement District
Tanque Verde ESD
Tucson Country Club Estates Fire District
Why Fire District

Pinal
Apache Junction
Apache Junction Fire District
Apache Villa III IV & Clearview Lighting District
Apache Villa IIIA Lighting District
Apache Villa Lighting District
Apache Villa V Lighting District
Central Arizona Irrigation & Drainage District
Cottonwood Gardens Lighting District

168

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Desert Vista Lighting District
Desert Vista Sanitary District
Dudleyville Fire District
Electrical District #2
Electrical District #3
Electrical District #4
Electrical District #5
Florence Flood Control District
Grande Buttes Fire District
Hohokam Irrigation & Drainage District
Ironwood Manor Lighting District
Magma Flood Control District
Mammoth
Mammoth-San Manuel USD
Maricopa Domestic WID
Maricopa Road Improvement District
Maricopa Rural Road Improvement District
Maricopa-Stanfield Irrigation & Drainage
Mary C. O'Brien ASD
Merrill Ranch Community Facilities District #1
Merrill Ranch Community Facilities District #2
Midway Flood Control District
Mission Royale Community Facilities District
New Magma Irrigation & Drainage District
New Saddleback Vista Domestic WID
Papago Butte Domestic WID
Papago Butte Irrigation WDD #4
Pinal County Flood Control District
Pinal County Library District
Public Health Services District
Queen Creek Domestic WID
Red Rock ESD
Sacaton ESD
San Manuel Fire District
Seven Ranches Domestic WID
Skyline Domestic WID
Stanfield Flood Control District
Superstition Lighting District
Superstition Mountains CFD

169

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Thunderbird Farms Improvement District
Thunderbird Irrigation District #1
Toltec ESD
Villa Grande Improvement District
Villago Community Facilities District

Santa Cruz
Nogales USD
Patagonia ESD
Patagonia UHSD
Santa Cruz County Flood Control District
Santa Cruz ESD
Sonoita ESD
State
AHCCCS
Arizona Biomedical Research Commission
Arizona Criminal Justice Commission
Arizona Department of Financial Institutions
Arizona Historical Society
Arizona House of Representatives
Arizona Housing Finance Authority
Arizona Lottery
Arizona Medical Board
Arizona Power Authority
Arizona State Parks
Arizona State Senate
Automobile Theft Authority
Board for Charter Schools
Board of Accountancy
Board of Acupuncture
Board of Appraisal
Board of Athletic Trainers
Board of Behavioral Health Examiners
Board of Chiropractic Examiners
Board of Dispensing Opticians
Board of Equalization
Board of Executive Clemency
Board of Funeral Directors
Board of Nursing Care Institution Administrators
Board of Occupational Therapy Examiners

170

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Board of Optometry
Board of Pharmacy
Board of Physical Therapy
Board of Podiatry Examiners
Board of Psychologist Examiners
Board of Regents
Board of Respiratory Care Examiners
Board of Tax Appeals
Board of Technical Registration
Boxing Commission
Citizen's Clean Elections Commission
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
Court of Appeals Div II
Department of Agriculture
Department of Commerce
Department of Education
Department of Emergency & Military Affairs
Department of Fire, Building and Life Safety
Department of Gaming
Department of Homeland Security
Department of Housing
Department of Juvenile Corrections
Department of Liquor Licenses and Control
Department of Mines & Mineral Resources
Department of Racing
Department of Real Estate
Department of Revenue
Department of Weights and Measures
Early Childhood Development & Health Board
Geological Survey
Government Information Technology Agency
Governor's Office of Equal Opportunity

171

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Homeopathic Board
Joint Legislative Budget Committee
Land Department
Law Enforcement Merit System Council
Navigable Stream Adjudication Commission
Office of Administrative Hearing
Office of the Attorney General
Office of the Auditor General
Office of the Governor
Office of Tourism
Ombusdsman Citizens' Aide
Osteopathic Board
Peace Officer Standards and Training Board
Personnel Board
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 Dental Board
State Library, Archives and Public Records
State Retirement System
Structural Pest Control Commission
Treasurer's Office
Veterinary Medical Examining Board

Yavapai
American Ranch Domestic WID
American Ranch Sanitary District
Ash Fork Street Lighting District
Big Park #1979
Big Park Domestic Wastewater Improvement District
Camp Verde USD
Central Yavapai Fire District
Champie ESD
Chino Valley Fire District
Chino Valley Irrigation District
Congress Domestic WID

172

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Congress ESD
Coyote Springs Road Improvement District
Creekside Sanitary District
Crown King ESD
Crown King Fire District
Diamond Valley Road Improvement District
Eastridge Community Facilities District
Granite Gardens Sanitary District
Hassayampa Community Facilities District
Hassayampa Community Facilities District #2
High Valley Ranch Domestic Wastewater Improvement
Highland Pines Water District
Hillside ESD
Iron Springs Sanitary District
Mayer Domestic WID
Parkway Community Facilities District
Pine Valley Road Improvement District
Prescott East Sanitary District
Prescott Valley Water District
Pronghorn Ranch Community Facilities District
Quail Canyon Domestic WID
Quail Ridge Domestic WID
Quailwood Meadows Community Facilities District
Raven Ridge Community Facilities District
Sedona
Seligman Fire District
Seligman Sanitary District
Seligman Street Lighting District
Seligman USD
Southside Community Facilities District
Stoneridge Community Facilities District
Sunup Ranch Road Improvement District
Walnut Grove ESD
Water Improvement District P164
Williamson Valley ESD
Yarnell ESD
Yarnell Street Lighting District
Yavapai County Flood Control District
Yavapai County Jail District

173

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Yavapai County Library District

Yuma
Del Sur Estate Improvement District
Donovan Estates Improvement District
El Prado Estates Improvement District
Gadsden ESD
Gadsden Townsite Improvement District
Gila Valley Anti-Noxious Weed District
Hillander "C" Irrigation District
Hyder Valley Irrigation Water Delivery District
Improvement District #67
Unit B Irrigation 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

174

SECTION FOUR

NON REPORTING POLITICAL SUBDIVISIONS

175

176

TABLE 46
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

Total Previous
Outstanding

Agency
Board of Barbers

No

$0

Board of Massage Therapy

No

$0

Board of Naturopathic Physicians

No

$0

Prescott Historical Society

No

$0

Arizona State University Research Park

Yes

$12,975,000

Arizona Strip Landfill Corporation

Yes

$322,000

Ajo USD

No

$0

Empire ESD

No

$0

Redington ESD

No

$0

Yes

$541,000

No

$0

Yes

$345,746

Colorado City Fire District

No

$0

Desert Hills Fire District

No

$0

East San Luis Community Facilities District

No

$0

Grapevine Mesa Fire District

No

$0

Yes

$9,305,000

Herber/Overgaard Sanitary District

No

$0

I.C.R. Sanitary District

No

$0

Madison Park Irrigation Water Delivery District

No

$0

Maricopa Flood Control District

No

$0

McDowell Homes Irrigation Water Delivery District

No

$0

Moccasin Domestic Water Improvement District

No

$0

North Gila Irrigation District

No

$0

Oatman Fire District

No

$0

Oracle Fire District

No

$0

Oracle Sanitary District

No

$0

Parker Fire District

No

$0

Peeples Valley Fire District

No

$0

Pinedale Domestic Water Improvement District

No

$0

Other

School District

Special District
Avra Valley Fire District
Central Yavapai Hospital District
Chandler Heights Citrus Irrigation District

Green Valley Domestic Water Improvement District

177

TABLE 46
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

Total Previous
Outstanding

Quartzsite Fire District

No

$0

Queen Creek Irrigation District #32

No

$0

Rancho Solano Improvement District

No

$0

Redhawk Canyon Community Facilities Distrcit #1

No

$0

Rio Verde Fire District

No

$0

Rose Lane Irrigation Water Delivery District

No

$0

Stanfield Fire District

No

$0

Sun Valley Fire District

No

$0

Yes

$3,168,000

Topock/Golden Shores Sanitary District

No

$0

Vernon Domestic Water Improvement District

No

$0

Westwood Estates Fire District

No

$0

Whispering Pines Fire District

No

$0

Wittmann Volunteer Fire District

No

$0

Woodlea Irrigation Water Delivery District

No

$0

Yarnell Fire District

No

$0

Three Canyons Domestic Water Improvement District

178

TABLE 47
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Agency
Board of Barbers

No

Board of Massage Therapy

No

Board of Naturopathic Physicians

No

Department of Health Services

No

Department of Veteran's Services

No

Greater Arizona Development Authority

No

School Facilities Board

No

Arizona State University Research Park

No

Arizona Strip Landfill

No

Other

Special District
Avra Valley Fire District

Yes

Central Yavapai Hospital District

No

Chandler Heights Citrus Irrigation District

No

Colorado City Fire District

Yes

Desert Hills Fire District

Yes

East San Luis Community Facilities District

No

Ganado Fire District

No

Grapevine Mesa Fire District

No

Green Valley Domestic Water Improvement District

No

Herber/Overgaard Sanitary District

No

I.C.R. Sanitary District

No

Madison Park Irrigation Water Delivery District

No

Maricopa Fire District

Yes

Maricopa Flood Control District

No

McDowell Homes Irrigation Water Delivery District

No

Moccasin Domestic Water Improvement District

No

North Gila Irrigation District

No

Oatman Fire District

No

Oracle Fire District

Yes

Oracle Sanitary District

No

Parker Fire District

Yes

Peeples Valley Fire District

Yes

Pinedale Domestic Water Improvement District
Quartzsite Fire District
Queen Creek Irrigation District #32

No
Yes
No
179

TABLE 47
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Rancho Solano Improvement District

No

Redhawk Canyon Community Facilities Distrcit #1

No

Rio Verde Fire District

No

Rose Lane Irrigation Water Delivery District

No

Stanfield Fire District

No

Sun Valley Fire District

Yes

Three Canyons Domestic Water Improvement District

No

Topock/Golden Shores Sanitary District

No

Vernon Domestic Water Improvement District

No

Wenden Domestic Water Improvement District

Yes

Westwood Estates Fire District

No

Whispering Pines Fire District

Yes

Wittmann Volunteer Fire District

Yes

Woodlea Irrigation Water Delivery District
Yarnell Fire District

No
Yes

180