EXECUTIVE SUMMARY
Outstanding bonded indebtedness as of June 30, 2009 in Arizona, as reported by cities and towns,
counties, community colleges, school districts, state agencies, universities, special districts and
other political subdivisions was $41.148 billion. This figure represents principal only; no interest is
included in the $41.148 billion total. In FY 2007/08, the total bonded indebtedness reported for the
political subdivisions referenced above was $36.898 billion.
Throughout FY 2008/09, $7.400 billion in new debt was reported by Arizona political subdivisions.
Of the $7.400 billion in new debt, $61.5 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
0.1%

COCO
0.6%

MOH
1.7%

NAV
0.4%

STATE
AGENCIES/
OTHER
54.2%

YAV
0.8%
LP
0.1%

GILA
0.2%
MAR
32.0%

GRE
0.0%
PNL
2.4%

GRA
0.0%

YUMA
0.4%
PIMA
5.7%

COCH
0.5%

SC
0.9%

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 $48.062 billion. The total amount outstanding was $6.617 billion.

BONDED INDEBTEDNESS REPORTED BY POLITICAL SUBDIVISIONS FOR FY2009 AND
FY2008

$16,000.0

FY 2009
FY 2008

$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 2008/09, 396
political subdivisions reported bonded indebtedness out of the 1,007 that submitted reports. In FY
2007/08, 398 political subdivisions reported bonded indebtedness out of the 921 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 $1.034 billion for all reporting
subdivisions in FY 2008/09. There were 368 political subdivisions and agencies reporting these
types of contracts. There were 643 political subdivisions and agencies that reported no lease
purchase or third party contracts in FY 2008/09. (In FY 2007/08, $946.6 million in outstanding
lease purchase and third party contracts was reported by 371 political subdivisions and agencies.
There were 565 reporting no lease purchase or third party contracts in FY 2007/08.) 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 2009 AND 2008

$480.0
$440.0

FY 2009
FY 2008

$400.0
$360.0
$320.0
Millions

$280.0
$240.0
$200.0
$160.0
$120.0
$80.0
$40.0
$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
2008/09 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 2009 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2009*

PRINCIPAL REFUNDED
THROUGH FY 2009*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2009

Apache County
City
County

$9,772,045
$8,430,000

$1,555,202
$4,450,000

$3,639,333
$0

$4,577,510
$3,980,000

School District

$38,160,000

$12,770,000

$0

$25,390,000

Special District

$9,622,000

$2,698,000

$0

$6,924,000

$3,639,333

$40,871,510

Total Bonded Indebtedness for all Jurisdictions in Apache
$21,473,202
Cochise County
City

$85,924,941

$24,465,045

$510,000

$60,949,896

Community College

$10,595,000

$90,000

$0

$10,505,000

County
School District

$9,500,000
$42,800,000

$3,060,000
$29,365,000

$0
$0

$6,440,000
$13,435,000

Special District

$3,770,000

$3,060,000

$0

$710,000

$510,000

$92,039,896

$151,335,056
$16,900,000

Total Bonded Indebtedness for all Jurisdictions in Cochise
$60,040,045
Coconino County
City
Community College

$216,758,641
$42,135,000

$59,288,585
$8,100,000

$6,135,000
$17,135,000

County

$30,650,000

$30,650,000

$0

$0

School District
Special District

$68,955,000
$61,275,949

$19,245,000
$29,483,527

$0
$0

$49,710,000
$31,792,422

$23,270,000

$249,737,478

Total Bonded Indebtedness for all Jurisdictions in Coconino
$146,767,112
Gila County
City

$15,227,000

$5,832,903

$0

$9,394,097

$0
$3,245,000

$0
$1,850,000

$0
$0

$0
$1,395,000

School District

$43,665,000

$7,810,000

$0

$35,855,000

Special District

$383,300

$186,186

$0

$197,114

$15,679,089

$0

$46,841,211

$38,900,000

$6,352,569

$0

$32,547,431

$0

$0

$0

$0

County
School District

$0
$22,120,000

$0
$13,490,000

$0
$0

$0
$8,630,000

Special District

$0

$0

$0

$0

$0

$41,177,431

Community College
County

Total Bonded Indebtedness for all Jurisdictions in Gila

Graham County
City
Community College

Total Bonded Indebtedness for all Jurisdictions in Graham
$19,842,569

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

FISCAL YEAR 2009 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2009*

PRINCIPAL REFUNDED
THROUGH FY 2009*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2009

Greenlee County
City
County

$1,095,000
$0

$362,633
$0

$0
$0

$732,367
$0

School District

$7,775,000

Special District

$0

$3,680,000

$0

$4,095,000

$0

$0

$0

$0

$4,827,367

Total Bonded Indebtedness for all Jurisdictions in Greenlee
$4,042,633
La Paz County
City

$16,566,402

$4,799,701

$0

$11,766,701

$0

$0

$0

$0

County
School District

$2,870,000
$4,935,000

$2,870,000
$2,230,000

$0
$0

$0
$2,705,000

Special District

$7,346,282

$2,669,644

$1,449,737

$3,226,901

$12,569,345

$1,449,737

$17,698,602

$2,352,937,903
$0

$13,005,334,510
$668,945,000

Community College

Total Bonded Indebtedness for all Jurisdictions in La Paz

Maricopa County
City
Community College
County
School District
Special District

$17,549,196,498
$963,015,000

$2,190,924,085
$294,070,000

$289,650,000

$100,140,000

$32,840,000

$156,670,000

$5,567,805,000
$750,685,839

$1,270,003,000
$191,084,158

$760,297,000
$0

$3,537,505,000
$559,601,681

$3,146,074,903

$17,928,056,191

Total Bonded Indebtedness for all Jurisdictions in Maricopa
$4,046,221,243
Mohave County
City
Community College
County

$386,702,821

$80,041,432

$2,680,000

$303,981,389

$13,795,000
$24,190,000

$2,505,000
$9,930,000

$0
$0

$11,290,000
$14,260,000

School District

$172,257,000

$42,693,784

$5,975,000

$123,588,216

Special District

$133,155,588

$37,534,163

$0

$95,621,425

$8,655,000

$548,741,030

$30,837,881

Total Bonded Indebtedness for all Jurisdictions in Mohave
$172,704,379
Navajo County
City

$45,561,550

$14,378,669

$345,000

Community College

$11,425,000

$11,425,000

$0

$0

County
School District

$7,320,000
$124,003,000

$2,290,000
$28,258,000

$0
$9,715,000

$5,030,000
$86,030,000

Special District

$31,018,762

$12,931,845

$0

$18,086,917

$10,060,000

$139,984,798

Total Bonded Indebtedness for all Jurisdictions in Navajo
$69,283,514

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

FISCAL YEAR 2009 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2009*

PRINCIPAL REFUNDED
THROUGH FY 2009*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2009

Pima County
City
Community College

$2,001,170,281
$141,480,000

$290,265,980
$108,945,000

$475,951,650
$5,100,000

$1,234,952,651
$27,435,000

County

$1,170,906,967

$385,336,370

$5,785,000

$779,785,597

School District
Special District

$1,152,190,000
$476,079,000

$429,004,972
$100,869,157

$184,200,028
$0

$538,985,000
$375,209,843

$1,314,421,479

$671,036,678

$2,956,368,091

Total Bonded Indebtedness for all Jurisdictions in Pima

Pinal County
City

$132,691,361

$31,727,466

$3,280,666

$97,683,229

Community College
County

$10,500,000
$194,565,000

$3,555,000
$33,760,000

$0
$0

$6,945,000
$160,805,000

School District

$372,998,465

$45,941,168

$29,620,000

$297,437,297

Special District

$245,962,020

$17,184,223

$0

$228,777,797

$132,167,857

$32,900,666

$791,648,323

$47,584,368

Total Bonded Indebtedness for all Jurisdictions in Pinal

Santa Cruz County
City

$58,315,000

$6,715,632

$4,015,000

County

$15,265,000

$0

$0

$15,265,000

School District
Special District

$35,740,000
$55,220,000

$25,740,000
$20,000

$0
$0

$10,000,000
$55,200,000

$4,015,000

$128,049,368

Total Bonded Indebtedness for all Jurisdictions in Santa Cruz
$32,475,632
Statewide District
Other
State Agency or University

$7,267,548,500

$1,467,587,000

$1,140,681,500

$4,659,280,000

$17,036,356,587

$3,237,345,227

$1,555,640,000

$12,243,371,360

$2,696,321,500

$16,902,651,360

$278,854,340

Total Bonded Indebtedness for all Jurisdictions in Statewide District
$4,704,932,227
Yavapai County
City

$358,485,781

$69,523,441

$10,108,000

$78,130,000

$27,040,000

$0

$51,090,000

County
School District

$25,375,000
$199,660,000

$375,000
$35,765,000

$0
$5,415,000

$25,000,000
$158,480,000

Special District

$89,066,366

$18,630,848

$826,048

$69,609,470

$16,349,048

$583,033,810

Community College

Total Bonded Indebtedness for all Jurisdictions in Yavapai
$151,334,289

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

FISCAL YEAR 2009 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
JURISDICTION

ORIGINAL PRINCIPAL

PRINCIPAL RETIRED
THROUGH FY 2009*

PRINCIPAL REFUNDED
THROUGH FY 2009*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2009

Yuma County
City
Community College
County
School District
Special District

$483,837,897
$84,695,000

$56,570,278
$13,620,000

$0
$0

$427,267,620
$71,075,000

$4,405,000

$4,405,000

$0

$0

$147,170,000
$108,424,895

$41,050,000
$21,528,904

$14,765,000
$0

$91,355,000
$86,895,991

$137,174,182

$14,765,000

$676,593,611

$11,041,128,797

$6,629,046,865

$41,148,320,077

Total Bonded Indebtedness for all Jurisdictions in Yuma

GRAND TOTAL

$58,818,495,738

*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 27

Table 3 Community College Indebtedness .....................................................Page 29

SCHOOL DISTRICT ...................................................................................... Page 31

Table 4 Apache County School District Indebtedness .................................... Page 34
Table 5 Cochise County School District Indebtedness.................................... Page 36
Table 6 Coconino County School District Indebtedness ................................. Page 39
Table 7 Gila County School District Indebtedness .......................................... Page 41
Table 8 Graham County School District Indebtedness.................................... Page 42
Table 9 Greenlee County School District Indebtedness .................................. Page 43
Table 10 La Paz County School District Indebtedness ................................... Page 44
Table 11 Maricopa County School District Indebtedness ................................ Page 45
Table 12 Mohave County School District Indebtedness .................................. Page 53
Table 13 Navajo County School District Indebtedness ................................... Page 55
Table 14 Pima County School District Indebtedness ...................................... Page 57
Table 15 Pinal County School District Indebtedness....................................... Page 59
Table 16 Santa Cruz County School District Indebtedness ............................. Page 61
Table 17 Yavapai County School District Indebtedness .................................. Page 62
Table 18 Yuma County School District Indebtedness ..................................... Page 65
Table 19 Class B General Obligation Indebtedness by School District ........... Page 67
Table 20 Outstanding Bonded Indebtedness by School District ...................... Page 69

SPECIAL DISTRICTS .................................................................................... Page 73

Table 21 Apache County Special District Indebtedness .................................. Page 75
Table 22 Cochise County Special District Indebtedness ................................. Page 77
Table 23 Coconino County Special District Indebtedness ............................... Page 79
Table 24 Gila County Special District Indebtedness ....................................... Page 83
Table 25 Graham County Special District Indebtedness ................................. Page 85
Table 26 Greenlee County Special District Indebtedness ............................... Page 86
Table 27 La Paz County Special District Indebtedness................................... Page 87
Table 28 Maricopa County Special District Indebtedness ............................... Page 88
Table 29 Mohave County Special District Indebtedness ................................. Page 97
Table 30 Navajo County Special District Indebtedness................................. Page 100
Table 31 Pima County Special District Indebtedness.................................... Page 105
Table 32 Pinal County Special District Indebtedness .................................... Page 108
Table 33 Santa Cruz County Special District Indebtedness .......................... Page 113

TABLE OF CONTENTS
Table 34 Yavapai County Special District Indebtedness ............................... Page 114
Table 35 Yuma County Special District Indebtedness .................................. Page 118

STATE AGENCIES AND UNIVERSITIES ................................................... Page 121

Table 36 State Agency and University Indebtedness .................................... Page 123

OTHER JURISDICTIONS ............................................................................ Page 131

Table 37 Other Jurisdictions’ Indebtedness .................................................. Page 133

SECTION TWO – NEW ISSUES
FY 2008/09 NEW ISSUES ........................................................................... Page 137

Table 38 County Indebtedness ..................................................................... Page 139
Table 39 City/Town Indebtedness ................................................................ Page 140
Table 40 Community College Indebtedness ................................................. Page 141
Table 41 School District Indebtedness.......................................................... Page 142
Table 42 Special District Indebtedness ......................................................... Page 144
Table 43 State Agency, Universities and Other Indebtedness ...................... Page 145

SECTION THREE – LEASE PURCHASES
LEASE PURCHASES/THIRD PARTY FINANCING CONTRACTS ............ Page 149

Table 44 Lease Purchase/Third Party Financing Contracts .......................... Page 150
Table 45 Jurisdictions Reporting
No Lease Purchase/Third Party Financing ..................................... Page 163

SECTION FOUR – NON REPORTING POLITICAL SUBDIVISIONS
Table 46 Jurisdictions Who Failed to Submit Bond Reports.................... Page 181
Table 47 Jurisdictions Who Failed to Submit Lease Purchase Reports .. Page 182

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,
2008 through June 30, 2009 (hereafter referred
to as FY 2008/09), by the state, political
subdivisions within the state or their statutory
agents. A.R.S. § 35-501 states, in part:

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.

"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."

This report is divided into four main sections: a
summary of outstanding debt by jurisdiction;
new debt issued during FY 2008/09; 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.

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.

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
$41.148 billion.

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,

Section Two provides information on new debt
issued. This information is summarized for
counties, cities/towns, community colleges,
school districts, special districts, agencies
universities and other entities. Highlights are
provided for each sub-section. Copies of the
forms used to report new debt, as provided by
all jurisdictions in accordance with the above
law, are available upon request.

"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..."

Section Three provides a summary of the
Lease
Purchase/Third
Party
Contract
information collected. While the department
has always attempted to collect information
about Certificates of Participation, because
they are clearly specified in A.R.S. §35-501,
reporting of Lease Purchases by the political

Page 1

subdivisions
has
not
been
entirely
comprehensive. The data presented is as
complete and accurate as the records
submitted by the reporting political subdivisions
for FY 2008/09.

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.

Section Four lists political subdivisions that failed
to submit a Report of Bonded Indebtedness or
Lease Purchase/Third Party Financing Report.
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 2008 Property
Tax Rates and Assessed Values, issued by
the Arizona Tax Research Foundation.

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.

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.

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.

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.

All figures and information contained in this
report have been reviewed by the Debt
Oversight Commission, as established by
A.R.S. § 35-504.

Page 2

SECTION ONE

FY 2008/09 BONDED INDEBTEDNESS BY POLITICAL
SUBDIVISION

Page 3

Page 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. Ten counties
have reported outstanding debt totaling $1.2
billion at the end of FY 2008/09. Detail of the
outstanding debt reported by the counties
can be found in Table 1. Four types of debt
have been reported:

COUNTY
La Paz
Yuma

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2009. However,
the year-end balances should reflect any July
1, 2009 payments if the payment amount has
been deposited into a dedicated fund for the
payment of principal.

 $384.7 million in general obligation debt,
reported by two counties;
 $643.9 million in revenue bonds, reported
by six counties;
 $51.6 million in certificates of
participation, reported by eight counties;
and
 $88.4 million in municipal property
corporation debt, reported by two
counties.

GENERAL OBLIGATION DEBT
Pima and Apache Counties reported general
obligation debt, subject to the 15% county
debt limitation. Both counties were within
their constitutional debt limitation, as shown
below and on Table 1.
COUNTY

DEBT
LIMITATION

DEBT

% OF DEBT
LIMIT USED

Pima
Apache

$1,439,229,228
$70,739,546

$380,675,000
$3,980,000

26.4%
5.6%

During FY 2008/09, $98.5 million of
outstanding principal was retired or refunded
by counties. Coconino County, Graham
County, Greenlee County, La Paz and Yuma
County reported no debt.

REVENUE BONDS
Maricopa, Navajo, Pima, Pinal, Santa Cruz,
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 2008/09 was $643.9 million, after
payments totaling $43.5 million during the
fiscal year.

The following table lists debt by county, from
most debt to least debt. This table does not
allow for any kind of determination as to
whether a county has heavy or light debt; it is
simply a rank order from highest to smallest.
COUNTY
Pima
Pinal
Maricopa
Yavapai
Santa Cruz
Mohave
Cochise
Navajo
Apache
Gila
Coconino
Graham
Greenlee

OUTSTANDING DEBT
$779,785,597
$160,805,000
$156,670,000
$25,000,000
$15,265,000
$14,260,000
$6,440,000
$5,030,000
$3,980,000
$1,395,000
$0
$0
$0

COUNTY

OUTSTANDING DEBT

OUTSTANDING DEBT
$0
$0

CERTIFICATES OF PARTICIPATION
Cochise, Maricopa, Mohave, and Pima
Counties reported certificates of participation.
The outstanding balance in certificates of
participation at the end of FY 2008/09 was
$51.6 million, after retiring and refunding $6.4
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 2008/09
was $88.4 million. A total of $5.95 million in
principal was retired and refunded during the
fiscal year.

Page 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
Santa Cruz
Yavapai
Mohave
Apache
Cochise
Navajo
Maricopa
Gila
Coconino
Graham
Greenlee
La Paz
Yuma

PER CAPITA DEBT
$769.00
$458.71
$321.56
$109.96
$69.27
$52.26
$46.19
$43.82
$39.29
$24.32
$0
$0
$0
$0
$0

The population measure used to calculate
per capita debt is the July 1, 2008
Department of Economic Security estimate.

Page 6

TABLE 1
COUNTY FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/0

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$70,739,546

$3,980,000

Apache
Certificate of Participation
General Obligation
Totals for Apache

1
1
2

$4,450,000
$3,980,000
$8,430,000

$3,420,000
$0
$3,420,000

$1,030,000
$0
$1,030,000

$0
$3,980,000
$3,980,000

Certificate of Participation
Totals for Cochise

1
1

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

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

$590,000
$590,000

$6,440,000
$6,440,000

Certificate of Participation
Totals for Coconino

2
2

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

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

$0
$0

$0
$0

Municipal Property Corp
Totals for Gila

1
1

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

$1,620,000
$1,620,000

$230,000
$230,000

$1,395,000
$1,395,000

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

$2,535,000
$2,535,000

$335,000
$335,000

$0
$0

Certificate of Participation
Revenue
Totals for Maricopa

1
4
5

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

$3,125,000
$118,775,000
$121,900,000

$465,000
$10,615,000
$11,080,000

$3,385,000
$153,285,000
$156,670,000

Certificate of Participation
Totals for Mohave

2
2

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

$8,835,000
$8,835,000

$1,095,000
$1,095,000

$14,260,000
$14,260,000

Revenue
Totals for Navajo

1
1

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

$1,980,000
$1,980,000

$310,000
$310,000

$5,030,000
$5,030,000

Cochise

Coconino

Gila

Graham

Greenlee

La Paz

Maricopa

Mohave

Navajo

Page 7

TABLE 1
COUNTY FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/0

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$1,439,229,228

$380,675,000

Pima
2
11
16
29

$30,320,000
$630,255,000
$510,331,967
$1,170,906,967

$1,245,000
$206,920,000
$111,180,300
$319,345,300

$1,545,000
$42,660,000
$27,571,070
$71,776,070

$27,530,000
$380,675,000
$371,580,597
$779,785,597

Revenue
Totals for Pinal

3
3
6

$114,055,000
$80,510,000
$194,565,000

$21,300,000
$2,160,000
$23,460,000

$5,720,000
$4,580,000
$10,300,000

$87,035,000
$73,770,000
$160,805,000

Revenue
Totals for Santa Cruz

1
1

$15,265,000
$15,265,000

$0
$0

$0
$0

$15,265,000
$15,265,000

Revenue
Totals for Yavapai

1
1

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

$0
$0

$375,000
$375,000

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

Certificate of Participation
Totals for Yuma

1
1

$4,405,000
$4,405,000

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

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

$0
$0

Certificate of Participation
General Obligation
Municipal Property Corp
Revenue

11
12
4
26

$113,360,000
$634,235,000
$117,300,000
$921,476,967

$55,340,000
$206,920,000
$22,920,000
$234,095,300

$6,405,000
$42,660,000
$5,950,000
$43,451,070

$51,615,000
$384,655,000
$88,430,000
$643,930,597

Grand Totals:

53

$1,786,371,967

$519,275,300

$98,466,070

$1,168,630,597

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

Santa Cruz

Yavapai

Yuma

Page 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, 2009, these
types of outstanding debt totaled $15.7 billion
for cities and towns, an 8.3% increase from
the $14.5 billion reported for FY 2008. 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 2009; 14
reported no debt.

CITY/TOWN
OUTSTANDING DEBT
Phoenix
$6,553,433,175
Mesa
$1,235,518,000
Glendale
$1,088,871,430
Scottsdale
$1,076,974,635
Tucson
$1,043,533,456
Tempe
$700,245,000
Gilbert
$612,985,000
Chandler
$603,885,000
Peoria
$334,467,469
Yuma
$330,596,407
Goodyear
$242,898,647
Lake Havasu City
$238,259,418
Queen Creek
$180,822,011
Flagstaff
$107,212,650
Surprise
$94,560,000
Avondale
$93,116,191
Prescott Valley
$90,247,932
San Luis
$81,691,495
Casa Grande
$71,515,540
Oro Valley
$69,335,000
Sedona
$68,371,966
Marana
$67,975,000
Cottonwood
$56,140,000
Cave Creek
$50,689,160
Tolleson
$48,670,000
Nogales
$46,990,000
Sahuarita
$46,204,195
Bullhead City
$44,965,000
Prescott
$40,569,996
Sierra Vista
$32,265,000
Safford
$30,012,431
Williams
$28,356,295
Buckeye
$28,230,000
El Mirage
$26,744,025
Chino Valley
$20,874,787
Kingman
$20,666,766
Fountain Hills
$16,570,000
Bisbee
$15,964,005
Somerton
$14,979,718
Page
$14,433,801
Show Low
$11,760,000
Paradise Valley
$11,055,000
Quartzsite
$9,613,146
Eloy
$8,147,594
South Tucson
$7,905,000

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, 2009:

 $4.2 billion in general obligation debt,
reported by 26 cities and towns;

 $4.5 billion in revenue bonds, reported by
66 cities and towns;

 $6.6 billion in debt issued through
municipal property corporations, reported
by 37 cities and towns.

 $258.1

million in certificates of
participation, reported by 8 cities and
towns; and

 $108.8 million in special assessment
debt1, reported by 16 cities and towns;
During FY 2009, 28 municipalities issued 49
new issues totaling $2.0 billion. Of all the
cities and towns with outstanding debt,
Phoenix has the most with $6.6 billion while
Clifton has the least with $20,000. Ten
municipalities with outstanding debt in excess
of $300 million account for 86.5% 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.

Page 9

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

OUTSTANDING DEBT
$6,938,490
$5,999,891
$5,930,000
$5,505,000
$5,115,000
$4,975,000
$4,660,000
$4,431,530
$4,419,097
$4,408,550
$4,039,331
$3,304,605
$3,105,000
$2,500,000
$2,494,767
$2,153,555
$1,855,000
$1,340,000
$1,332,310
$932,000
$855,000
$712,367
$667,000
$594,368
$540,000
$254,659
$145,980
$124,000
$90,205
$35,000
$20,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

Page 10

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2009. However,
the year-end balances will reflect any July 1,
2009 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, 2009
was $4.2 billion, or 26.9% of all outstanding
debt. General obligation debt was reported by
26 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 2009, no city or town
exceeded its 6% or 20% constitutional debt
limit.

CITY / Town

DEBT
LIMITATION

DEBT

% OF
DEBT
LIMIT
USED

Avondale

$183,080,300

$10,380,000

5.7%

Casa Grande

$114,162,209

$8,830,000

7.7%

Cave Creek
Chandler
Clifton

$55,961,131

$3,050,000

5.5%

$898,345,573

$135,110,000

15.0%

$1,842,170

$20,000

1.1%

$38,027,794

$550,000

1.5%

$6,874,310

$4,000

0.1%

$55,267,440

$5,370,000

9.7%

Flagstaff

$228,270,738

$35,105,000

15.4%

Fountain Hills

$178,033,010

$6,530,000

3.7%

Cottonwood
Eagar
El Mirage

Gilbert

$719,781,711

$217,730,000

30.3%

Glendale

$570,355,551

$193,105,023

33.9%

Goodyear
Huachuca
City
Lake Havasu
City
Mesa

$260,187,473

$124,125,000

47.7%

$2,359,843

$8,000

0.3%

$269,858,797

$82,318,861

30.5%

$1,246,201,267

$270,020,000

21.7%

$65,231,574

$2,105,000

3.2%

Payson
Peoria

$518,593,900

$155,790,000

30.0%

Phoenix

$4,902,578,817

$1,347,433,959

27.5%

Prescott

$210,452,159

$6,240,000

3.0%

$2,150,828,376

$551,455,000

25.6%

$690,806,531

$442,000,000

64.0%

$59,493,440

$31,010,000

52.1%

Tucson

$1,012,851,294

$254,075,610

25.1%

Willcox

$5,897,303

$1,294,000

21.9%

$181,911,387

$4,040,000

2.2%

Scottsdale
Tempe
Tolleson

Yuma

Cities and towns retired and refunded $246.0
million in outstanding general obligation principal
during the fiscal year.
Cities with general
obligation debt in excess of $2000 million, in order
of most to least debt, are: Phoenix, Scottsdale,
Tempe, Mesa, Tucson and Gilbert.

MUNICIPAL PROPERTY CORPORATION
DEBT
Municipal property corporation debt was
reported in 37 cities and towns for FY 2009,
with an outstanding balance at the end of the
fiscal year of $6.6 billion. This represents
41.9% of total outstanding debt. Cities retired
and refunded $416.6 million in the fiscal year.
Outstanding debt amounts ranged from $5.0
billion for Phoenix to $130,752 for Bisbee.
CERTIFICATES OF PARTICIPATION
Eight cities and towns reported certificates of
participation with total outstanding principal on
June 30, 2009 of $258.1 million, or 1.6% of
total debt. A total of $25.6 million in principal
was retired and refunded in the fiscal year.
Tucson, with $201.2 million, and Phoenix, with
$30.6 million, account for 89.8% 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. Sixteen cities and towns
reported special assessment debt totaling
$108.8 million.
Cities retired and refunded $7.4 million in
special assessment principal in FY 2009. The
cities with outstanding special assessment
debt in excess of $5 million, in order of most to
least debt, are: Queen Creek, Gilbert,
Kingman and Mesa.
PER CAPITA DEBT
One method of comparing the level of debt in
relation to other cities and towns is per capita
debt, dividing total outstanding debt by the
population. High per capita debt is neither
good nor bad; it is simply a tool to show how
much debt the city or town has at a given point
in time in comparison with other cities or
towns.
CITY/TOWN
PER CAPITA DEBT
Cave Creek
$9,877.08
Williams
$8,959.33
Queen Creek
$7,588.95
Tolleson
$7,122.79
Sedona
$6,011.78
Cottonwood
$4,999.11
Scottsdale
$4,444.12
Glendale
$4,382.92
Lake Havasu City
$4,298.46
Phoenix
$4,196.92

REVENUE BONDS
Total outstanding debt from revenue bonds as of
June 30, 2009 was $4.5 billion, or 28.9% of total
outstanding debt. There were 66 cities and towns
with outstanding revenue bonds. Cities retired
and refunded $207.9 million in principal in the
fiscal year.
The cities with revenue bond debt in excess of
$250 million, in order of most to least debt, are:
Mesa, Tucson, Scottsdale, Glendale, Yuma, and
Tempe.

Page 11

CITY/TOWN
Goodyear
Tempe
Yuma
San Luis
Safford
Gilbert
Mesa
Quartzsite
Bisbee
Chandler
Prescott Valley
Nogales
Peoria
Marana
Sahuarita
Page
Tucson
Flagstaff
Oro Valley
Chino Valley
Casa Grande
Willcox
South Tucson
Somerton
Avondale
Fredonia
Bullhead City
Taylor
Show Low
Prescott
Eagar
Surprise
Duncan
Snowflake
El Mirage
Jerome
Paradise Valley
Holbrook
Kingman
Sierra Vista
Fountain Hills
Patagonia
Parker
Buckeye

PER CAPITA DEBT
$4,086.73
$4,056.08
$3,527.53
$3,059.03
$3,006.66
$2,853.48
$2,687.77
$2,603.78
$2,498.67
$2,471.13
$2,316.31
$2,164.54
$2,150.09
$2,014.43
$1,992.42
$1,957.39
$1,918.40
$1,657.25
$1,604.12
$1,597.28
$1,585.15
$1,536.86
$1,362.93
$1,316.67
$1,214.85
$1,179.04
$1,091.73
$990.02
$954.93
$937.38
$921.32
$869.43
$843.04
$837.38
$794.84
$774.04
$765.37
$719.90
$717.02
$702.82
$637.43
$636.37
$636.21
$562.99

CITY/TOWN
PER CAPITA DEBT
Globe
$550.19
Guadalupe
$518.36
Eloy
$504.09
Winslow
$501.77
Thatcher
$454.63
Kearny
$407.88
Superior
$397.04
Wickenburg
$387.27
Douglas
$325.70
Payson
$293.25
Florence
$287.95
Coolidge
$268.43
Pinetop-Lakeside
$179.43
Camp Verde
$160.19
Apache Junction
$145.19
Clarkdale
$134.00
Benson
$132.60
Huachuca City
$63.52
St. Johns
$36.44
Colorado City
$22.32
Pima
$14.59
Clifton
$7.65
Carefree
$0.00
Dewey-Humboldt
$0.00
Gila Bend
$0.00
Hayden
$0.00
Litchfield Park
$0.00
Mammoth
$0.00
Maricopa
$0.00
Miami
$0.00
Springerville
$0.00
Star Valley
$0.00
Tombstone
$0.00
Wellton
$0.00
Winkelman
$0.00
Youngtown
$0.00
The population measure used to calculate per
capita debt is from the Department of Economic
Security Population Estimates, as of July 1,
2008.

Page 12

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$140,831,000

$8,865,000

Apache Junction
1
2
3

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

$8,780,000
$4,690,000
$13,470,000

$275,000
$1,180,000
$1,455,000

$910,000
$4,595,000
$5,505,000

Revenue
Totals for Avondale

5
12
17

$21,055,000
$133,905,000
$154,960,000

$7,605,000
$44,280,464
$51,885,464

$3,070,000
$6,888,345
$9,958,345

$10,380,000
$82,736,191
$93,116,191

Revenue
Totals for Benson

1
1

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

$0
$0

$333,000
$333,000

$667,000
$667,000

Municipal Property Corp
Revenue
Totals for Bisbee

1
2
3

$468,056
$17,043,685
$17,511,741

$297,337
$1,120,673
$1,418,010

$39,967
$89,759
$129,726

$130,752
$15,833,253
$15,964,005

Revenue
Totals for Buckeye

4
4

$29,145,000
$29,145,000

$790,000
$790,000

$125,000
$125,000

$28,230,000
$28,230,000

Municipal Property Corp
Special Assessment
Totals for Bullhead City

4
2
6

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

$23,915,000
$12,175,000
$36,090,000

$4,195,000
$930,000
$5,125,000

$40,585,000
$4,380,000
$44,965,000

Revenue
Totals for Camp Verde

1
1

$2,055,000
$2,055,000

$115,000
$115,000

$85,000
$85,000

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

Totals for Carefree

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Revenue
Totals for Apache Junction
Avondale
General Obligation

Benson

Bisbee

Buckeye

Bullhead City

Camp Verde

Carefree

Page 13

$42,249,300

$1,515,000

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$26,345,125

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$3,532,000

$87,817,084

$5,298,000

$12,914,107

$0

$43,047,024

$3,050,000

$207,310,517

$9,494,000

$691,035,056

$458,426,000

$425,116

$0

$1,417,054

$20,000

Casa Grande
1
2

$11,000,000
$62,555,540

$0
$0

$2,170,000
$0

$8,830,000
$62,555,540

1
4

$1,030,000
$74,585,540

$775,000
$775,000

$125,000
$2,295,000

$130,000
$71,515,540

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

2
1
7
1
11

$2,700,000
$5,185,000
$48,497,036
$810,000
$57,192,036

$785,000
$1,300,000
$1,545,984
$735,000
$4,365,984

$190,000
$835,000
$1,061,892
$50,000
$2,136,892

$1,725,000
$3,050,000
$45,889,160
$25,000
$50,689,160

General Obligation
Revenue
Special Assessment
Totals for Chandler

30

$564,160,142

$80,960,142

$15,280,000

$467,920,000

26
1
57

$248,625,000
$1,760,000
$814,545,142

$95,325,000
$785,000
$177,070,142

$18,190,000
$120,000
$33,590,000

$135,110,000
$855,000
$603,885,000

Municipal Property Corp
Revenue
Totals for Chino Valley

2
4
6

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

$0
$670,000
$670,000

$10,213
$485,000
$495,213

$2,916,787
$17,958,000
$20,874,787

Municipal Property Corp
Revenue
Totals for Clarkdale

1
1
2

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

$380,000
$100,000
$480,000

$20,000
$25,000
$45,000

$265,000
$275,000
$540,000

General Obligation
Totals for Clifton

1
1

$295,000
$295,000

$255,000
$255,000

$20,000
$20,000

$20,000
$20,000

Revenue
Totals for Colorado City

1
1

$602,000
$602,000

$411,795
$411,795

$100,000
$100,000

$90,205
$90,205

General Obligation
Revenue
Special Assessment
Totals for Casa Grande
Cave Creek

Chandler

Chino Valley

Clarkdale

Clifton

Colorado City

Page 14

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Coolidge
1
1
2

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

$690,000
$216,595
$906,595

$155,000
$28,800
$183,800

$2,950,000
$354,605
$3,304,605

2
5
7

$2,700,000
$60,875,000
$63,575,000

$2,030,000
$3,435,000
$5,465,000

$120,000
$1,850,000
$1,970,000

$550,000
$55,590,000
$56,140,000

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
$3,000,000
$7,165,000

$795,000
$0
$795,000

$375,000
$65,000
$440,000

$2,995,000
$2,935,000
$5,930,000

Revenue
Totals for Duncan

1
1

$800,000
$800,000

$75,901
$75,901

$11,732
$11,732

$712,367
$712,367

General Obligation
Revenue
Totals for Eagar

1
6
7

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

$42,000
$2,233,000
$2,275,000

$4,000
$2,905,470
$2,909,470

General Obligation
Revenue
Totals for El Mirage

2
4
6

$6,000,000
$23,598,911
$29,598,911

$630,000
$2,180,964
$2,810,964

Municipal Property Corp
Revenue
Totals for Eloy

2
6
8

$4,320,000
$14,340,821
$18,660,821

$3,345,000
$2,099,574
$5,444,574

Certificates of Participation
Revenue
Totals for Coolidge
Cottonwood
General Obligation
Revenue
Totals for Cottonwood

$8,775,645

$550,000

$29,252,149

$0

$4,000
$4,427,530
$4,431,530

$1,586,379

$4,000

$5,287,931

$0

$0
$43,922
$43,922

$5,370,000
$21,374,025
$26,744,025

$12,754,025

$0

$42,513,415

$5,370,000

$540,000
$4,528,653
$5,068,653

$435,000
$7,712,594
$8,147,594

Dewey-Humboldt

Douglas

Duncan

Eagar

El Mirage

Eloy

Page 15

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$52,677,863

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$0

$175,592,875

$35,105,000

$41,084,541

$0

$136,948,469

$6,530,000

$166,103,472

$0

$553,678,239

$217,730,000

$131,620,512

$28,990,000

$438,735,039

$164,115,023

Flagstaff
7
2

$66,700,000
$29,700,000

$26,835,000
$6,700,000

$4,760,000
$1,375,000

$35,105,000
$21,625,000

7
16

$67,230,760
$163,630,760

$14,355,297
$47,890,297

$2,392,813
$8,527,813

$50,482,650
$107,212,650

Revenue
Totals for Florence

3
3

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

$4,136,181
$4,136,181

$445,329
$445,329

$6,938,490
$6,938,490

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

$10,755,000
$10,615,000
$840,000
$22,210,000

$1,040,000
$885,000
$100,000
$2,025,000

$6,530,000
$9,905,000
$135,000
$16,570,000

Revenue
Totals for Fredonia

3
3

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

$291,448
$291,448

$44,562
$44,562

$1,332,310
$1,332,310

Totals for Gila Bend

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Municipal Property Corp
Revenue
Totals for Flagstaff
Florence

Fountain Hills

Fredonia

Gila Bend

Gilbert
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Gilbert

6
5

$286,515,000
$412,845,000

$45,965,000
$54,085,000

$22,820,000
$21,885,000

$217,730,000
$336,875,000

2
2
15

$60,225,000
$15,185,000
$774,770,000

$10,105,000
$3,520,000
$113,675,000

$3,330,000
$75,000
$48,110,000

$46,790,000
$11,590,000
$612,985,000

General Obligation
Municipal Property Corp
Revenue
Totals for Glendale

9
13
10
32

$276,345,000
$518,235,000
$484,171,049
$1,278,751,049

$68,480,001
$24,355,000
$59,718,546
$152,553,547

$14,759,976
$6,575,000
$15,991,096
$37,326,072

$193,105,023
$487,305,000
$408,461,407
$1,088,871,430

Glendale

Page 16

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Globe
1
1

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

$290,289
$290,289

$290,614
$290,614

$4,419,097
$4,419,097

Revenue
Totals for Goodyear

20
4
4
28

$143,330,000
$108,715,000
$16,059,551
$268,104,551

$7,905,000
$505,000
$3,950,183
$12,360,183

$11,300,000
$680,000
$865,721
$12,845,721

$124,125,000
$107,530,000
$11,243,647
$242,898,647

Revenue
Totals for Guadalupe

1
1

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

$170,000
$170,000

$180,000
$180,000

$3,105,000
$3,105,000

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

$1,656,604
$1,656,604

$84,065
$84,065

$4,039,331
$4,039,331

General Obligation
Revenue
Totals for Huachuca City

1
1
2

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

$40,000
$409,000
$449,000

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

$8,000
$116,000
$124,000

Revenue
Totals for Jerome

1
1

$300,000
$300,000

$38,104
$38,104

$7,237
$7,237

$254,659
$254,659

General Obligation
Revenue
Totals for Kearny

1
2
3

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

$92,000
$340,000
$432,000

$8,000
$28,000
$36,000

$0
$932,000
$932,000

Revenue
Totals for Globe
Goodyear
General Obligation
Municipal Property Corp

$60,043,263

$899,500

$200,144,210

$123,225,500

$544,579

$8,000

$1,815,264

$0

$440,519

$0

$1,468,396

$0

Guadalupe

Hayden

Holbrook

Huachuca City

Jerome

Kearny

Page 17

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Kingman
1
1

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

$3,480,000
$2,425,000

$420,000
$225,000

$0
$1,805,000

4
6
12

$17,918,565
$14,099,213
$40,372,778

$5,461,159
$2,066,177
$13,432,336

$4,812,845
$815,831
$6,273,676

$7,644,561
$11,217,205
$20,666,766

3
10
13

$89,019,834
$170,528,209
$259,548,043

$4,415,615
$5,075,355
$9,490,970

$2,285,358
$9,512,297
$11,797,655

$82,318,861
$155,940,557
$238,259,418

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

4
4

$76,340,000
$76,340,000

$7,835,000
$7,835,000

$530,000
$530,000

$67,975,000
$67,975,000

Totals for Maricopa

0
0

$0
$0

$0
$0

$0
$0

$0
$0

14
1
31
3
49

$406,790,000
$20,000,000
$1,441,610,000
$9,194,816
$1,877,594,816

$120,045,000
$10,030,000
$470,195,000
$1,148,816
$601,418,816

$16,725,000
$9,970,000
$13,620,000
$343,000
$40,658,000

$270,020,000
$0
$957,795,000
$7,703,000
$1,235,518,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Kingman

$20,081,453

$0

$66,938,177

$0

$62,275,107

$0

$207,583,690

$82,318,861

$287,584,908

$13,569,322

$958,616,359

$256,450,678

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

Page 18

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$50,178,134

$800,000

Nogales
Municipal Property Corp
Revenue
Totals for Nogales

5
3
8

$37,695,000
$19,845,000
$57,540,000

$7,860,000
$1,510,000
$9,370,000

$835,000
$345,000
$1,180,000

$29,000,000
$17,990,000
$46,990,000

Municipal Property Corp

8
2
1
11

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

$15,930,000
$2,860,000
$380,000
$19,170,000

$2,930,000
$350,000
$205,000
$3,485,000

$60,390,000
$5,585,000
$3,360,000
$69,335,000

2
2

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

$472,796
$472,796

$103,403
$103,403

$14,433,801
$14,433,801

Municipal Property Corp
Totals for Paradise Valley

2
2

$20,225,000
$20,225,000

$3,180,000
$3,180,000

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

$11,055,000
$11,055,000

Municipal Property Corp
Revenue
Totals for Parker

1
2
3

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

$135,693
$2,625,402
$2,761,095

$25,752
$350,000
$375,752

$438,555
$1,715,000
$2,153,555

Municipal Property Corp
Revenue
Totals for Patagonia

1
1
2

$400,000
$375,000
$775,000

$0
$157,069
$157,069

$3,844
$19,719
$23,563

$396,156
$198,212
$594,368

1
3
3
2
9

$545,000
$3,515,000
$3,150,000
$3,017,000
$10,227,000

$170,000
$975,000
$1,800,000
$1,392,000
$4,337,000

$80,000
$435,000
$165,000
$235,000
$915,000

$295,000
$2,105,000
$1,185,000
$1,390,000
$4,975,000

Oro Valley
Revenue
Special Assessment
Totals for Oro Valley
Page
Municipal Property Corp
Totals for Page
Paradise Valley

Parker

Patagonia

Payson
Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Payson

Page 19

$15,053,440

$1,305,000

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

$119,675,515

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$4,560,000

$398,918,385

$151,230,000

$1,131,364,342

$310,955,000

$3,771,214,475

$1,036,478,959

$48,565,883

$4,980,000

$161,886,276

$1,260,000

Peoria
General Obligation
Municipal Property Corp
Revenue
Totals for Peoria

7
2

$228,615,000
$53,675,000

$45,555,000
$845,000

$27,270,000
$2,000,000

$155,790,000
$50,830,000

11
20

$178,770,001
$461,060,001

$40,418,699
$86,818,699

$10,503,833
$39,773,833

$127,847,469
$334,467,469

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

1
23
46
7
2
79

$35,465,000
$2,325,385,838
$5,993,187,352
$452,220,920
$3,622,599
$8,809,881,709

$3,705,000
$920,429,876
$633,910,000
$264,450,000
$3,051,272
$1,825,546,148

$1,135,000
$57,522,003
$344,580,000
$27,310,000
$355,383
$430,902,386

$30,625,000
$1,347,433,959
$5,014,697,352
$160,460,920
$215,944
$6,553,433,175

1
1

$575,000
$575,000

$470,000
$470,000

$70,000
$70,000

$35,000
$35,000

Municipal Property Corp
Totals for Pinetop-Lakeside

1
1

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

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

$150,000
$150,000

$855,000
$855,000

General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Prescott

2
4
2
3
11

$17,405,000
$29,660,000
$10,759,365
$4,514,096
$62,338,461

$9,580,000
$5,930,000
$0
$2,182,776
$17,692,776

$1,585,000
$1,670,000
$503,582
$317,107
$4,075,689

$6,240,000
$22,060,000
$10,255,783
$2,014,213
$40,569,996

1
5
4
2
12

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

$0
$12,695,000
$2,879,462
$10,548,000
$26,122,462

$570,000
$1,585,000
$3,031,076
$526,000
$5,712,076

$15,340,000
$36,740,000
$35,571,932
$2,596,000
$90,247,932

Phoenix

Pima
Revenue
Totals for Pima
Pinetop-Lakeside

Prescott

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

Page 20

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

$1,654,483,366

$413,095,000

Quartzsite
2
2
4

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

$515,789
$750,863
$1,266,652

$142,293
$253,909
$396,202

$6,897,918
$2,715,228
$9,613,146

9
1
10

$135,257,006
$54,080,000
$189,337,006

$6,356,838
$0
$6,356,838

$943,157
$1,215,000
$2,158,157

$127,957,011
$52,865,000
$180,822,011

Revenue
Totals for Safford

7
7

$35,825,000
$35,825,000

$4,515,622
$4,515,622

$1,296,947
$1,296,947

$30,012,431
$30,012,431

Revenue
Totals for Sahuarita

3
3

$48,834,195
$48,834,195

$2,045,000
$2,045,000

$585,000
$585,000

$46,204,195
$46,204,195

Municipal Property Corp
Revenue
Totals for San Luis

2
4
6

$67,795,000
$15,222,969
$83,017,969

$640,000
$0
$640,000

$680,000
$6,474
$686,474

$66,475,000
$15,216,495
$81,691,495

Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Scottsdale

1
15
14

$7,650,000
$865,665,000
$756,490,322

$1,960,362
$291,220,000
$226,235,000

$735,325
$22,990,000
$12,690,000

$4,954,313
$551,455,000
$517,565,322

2
32

$8,350,000
$1,638,155,322

$4,515,000
$523,930,362

$835,000
$37,250,325

$3,000,000
$1,076,974,635

Municipal Property Corp
Revenue
Special Assessment
Totals for Sedona

2
7
1
10

$18,105,000
$64,424,850
$2,500,000
$85,029,850

$1,706,873
$9,024,850
$2,240,000
$12,971,723

$121,161
$3,305,000
$260,000
$3,686,161

$16,276,966
$52,095,000
$0
$68,371,966

Municipal Property Corp
Revenue
Totals for Quartzsite
Queen Creek
Revenue
Special Assessment
Totals for Queen Creek
Safford

Sahuarita

San Luis

Scottsdale

Sedona

Page 21

$496,345,010

$138,360,000

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Show Low
2
2
4

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

$7,560,000
$215,000
$7,775,000

$965,000
$595,000
$1,560,000

$1,015,000
$10,745,000
$11,760,000

Revenue
Totals for Sierra Vista

3
1
4

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

$7,065,000
$3,685,000
$10,750,000

$7,575,000
$460,000
$8,035,000

$32,265,000
$0
$32,265,000

Revenue
Totals for Snowflake

2
2

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

$358,640
$358,640

$294,360
$294,360

$4,660,000
$4,660,000

Municipal Property Corp
Revenue
Totals for Somerton

3
2
5

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

$173,236
$840,913
$1,014,149

$90,114
$411,028
$501,142

$4,833,498
$10,146,220
$14,979,718

Municipal Property Corp
Totals for South Tucson

1
1

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

$0
$0

$0
$0

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

Totals for Springerville

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for St. Johns

1
1

$156,045
$156,045

$8,192
$8,192

$1,873
$1,873

$145,980
$145,980

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

$211,561
$130,000
$341,561

$18,439
$0
$18,439

$970,000
$370,000
$1,340,000

Certificates of Participation
Revenue
Totals for Show Low
Sierra Vista
Municipal Property Corp

Snowflake

Somerton

South Tucson

Springerville

St. Johns

Star Valley

Superior

Page 22

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Surprise
General Obligation
Municipal Property Corp
Totals for Surprise

1
3
4

$4,765,955
$152,655,000
$157,420,955

$4,352,685
$58,095,000
$62,447,685

$413,270
$0
$413,270

$0
$94,560,000
$94,560,000

$87,434,062

$0

$291,446,872

$0

Municipal Property Corp

1
1
2

$500,000
$3,958,550
$4,458,550

$50,000
$0
$50,000

$0
$0
$0

$450,000
$3,958,550
$4,408,550

1
15
10
26

$5,110,000
$554,615,000
$323,530,000
$883,255,000

$4,485,000
$90,965,000
$56,740,000
$152,190,000

$625,000
$21,650,000
$8,545,000
$30,820,000

$0
$442,000,000
$258,245,000
$700,245,000

$159,416,892

$1,325,000

$531,389,639

$440,675,000

Revenue
Totals for Thatcher

1
1

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

$0
$0

$0
$0

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

General Obligation
Municipal Property Corp
Totals for Tolleson

4
2
6

$40,280,000
$17,660,000
$57,940,000

$7,120,000
$0
$7,120,000

$2,150,000
$0
$2,150,000

$31,010,000
$17,660,000
$48,670,000

$13,729,255

$0

$45,764,185

$31,010,000

General Obligation
Revenue
Totals for Tombstone

1

$75,000

$69,000

2
3

$786,500
$861,500

$258,500
$327,500

$6,000

$0

$991,066

$0

$3,303,552

$0

$528,000
$534,000

$0
$0

10
22
48
20
100

$273,960,000
$515,930,720
$979,342,000
$6,868,366
$1,776,101,086

$51,620,000
$246,825,110
$364,523,720
$2,159,477
$665,128,307

$21,170,000
$15,030,000
$30,723,069
$516,254
$67,439,323

$201,170,000
$254,075,610
$584,095,211
$4,192,635
$1,043,533,456

$233,734,914

$660,000

$779,116,380

$253,415,610

Taylor
Revenue
Totals for Taylor
Tempe
Certificates of Participation
General Obligation
Revenue
Totals for Tempe
Thatcher

Tolleson

Tombstone

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

Page 23

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Wellton
Totals for Wellton

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Wickenburg

1
1

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

$372,004
$372,004

$133,229
$133,229

$2,494,767
$2,494,767

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

$217,000
$295,000
$773,824
$1,285,824

$104,000
$180,000
$166,985
$450,985

$1,294,000
$2,825,000
$1,880,891
$5,999,891

Municipal Property Corp
Revenue
Totals for Williams

1
8
9

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

$3,460,000
$3,150,358
$6,610,358

$315,000
$1,167,908
$1,482,908

$1,705,000
$26,651,295
$28,356,295

Totals for Winkelman

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Winslow

4
4

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

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

$290,000
$290,000

$5,115,000
$5,115,000

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

$2,835,000
$35,951,745
$205,000
$38,991,745

$1,210,000
$13,096,768
$430,000
$14,736,768

$4,040,000
$323,316,407
$3,240,000
$330,596,407

Wickenburg

Willcox
$1,360,916

$0

$4,536,387

$1,294,000

$41,979,551

$0

$139,931,836

$4,040,000

Williams

Winkelman

Winslow

Youngtown

Yuma

Page 24

TABLE 2
CITY/TOWN FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

Certificates of Participation

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

20

$354,675,000

$70,975,362

$25,625,325

$258,074,313

General Obligation

206

$6,467,472,489

$2,000,978,429

$245,984,607

$4,220,509,453

Municipal Property Corp

145

$7,899,900,256

$908,348,285

$416,575,186

$6,574,976,785

Revenue

347

$6,514,151,384

$1,770,818,817

$207,868,069

$4,535,464,498

51

$164,006,090

$47,878,518

$7,353,575

$108,773,997

769

$21,400,205,219

$4,798,999,411

$903,406,762

$15,697,799,046

Special Assessment
Grand Totals:

Page 25

6% DEBT LIMIT

6% DEBT LIMIT
USED

20% DEBT LIMIT

20% DEBT LIMIT
USED

Page 26

COMMUNITY COLLEGES
Community college bonded indebtedness
consists of general obligation debt, revenue
bonds and certificates of participation. Of the
eleven community colleges, Gila College,
Eastern Arizona Community College and
Northland Pioneer 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, 2009:

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.

 $ 818.8 million in general obligation debt,
reported by seven community colleges,
and
 $ 45.4 million in revenue bonds, reported
by seven community colleges
During FY 2008/09, $116.8 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 Western2
Yavapai
Pima
Coconino
Mohave
Cochise
Central Arizona3
Northland Pioneer4
Eastern Arizona5
Gila

COMMUNITY
COLLEGE
Arizona Western
Coconino
Maricopa
Pima
Yavapai

DEBT
DEBT
LIMITATION
$240,641,111 $71,005,000
$308,621,723 $16,900,000
$8,745,545,293 $653,040,000
$1,439,229,228 $27,335,000
$561,993,781 $50,470,000

% OF DEBT
LIMIT USED
29.5%
5.5%
7.5%
1.9%
9.0%

REVENUE BONDS
Arizona Western, Central Arizona, Cochise,
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
2008/09 was $45.4 million, after retiring and
refunding $3.9 million during the fiscal year.

OUTSTANDING
DEBT
$ 668,945,000
$ 71,075,000
$ 51,090,000
$ 27,435,000
$ 16,900,000
$ 11,290,000
$ 10,505,000
$ 6,945,000
$0
$0
$0

CERTIFICATES OF PARTICIPATION
Northland Pioneer College reported their
certificate of participation paid in fiscal year
2008/09.
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 full-time
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:

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2009. However,
the year-end balances should reflect any July
1, 2008 payments, if the payment amount
2Arizona Western Community College serves Yuma
and La Paz Counties.
3Central Arizona Community College serves Pinal
County.
4 Northland Pioneer College serves Navajo County.
5Eastern Arizona Community College serves Graham
County.

Page 27

COMMUNITY
COLLEGE
Arizona Western
Yavapai
Maricopa
Coconino
Mohave
Central Arizona
Cochise
Pima

COMMUNITY
COLLEGE
Eastern Arizona
Gila
Northland Pioneer
College

PER STUDENT
DEBT
$15,502
$13,050
$8,909
$8,391
$3,642
$1,615
$1,522
$1,264

PER STUDENT
DEBT
$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 2008/09 the expenditure
limitation calculation.

Page 28

TABLE 3
COMMUNITY COLLEGE FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

$240,641,111

$71,005,000

$308,621,723

$16,900,000

$8,745,545,293

$653,040,000

$149,814,011

$0

Arizona Western
3
1
4

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

$10,215,000
$860,000
$11,075,000

$2,475,000
$70,000
$2,545,000

$71,005,000
$70,000
$71,075,000

Revenue
Totals for Central Arizona

1
1

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

$2,935,000
$2,935,000

$620,000
$620,000

$6,945,000
$6,945,000

Revenue
Totals for Cochise

1
1

$10,595,000
$10,595,000

$0
$0

$90,000
$90,000

$10,505,000
$10,505,000

General Obligation
Totals for Coconino

2
2

$42,135,000
$42,135,000

$6,680,000
$6,680,000

$18,555,000
$18,555,000

$16,900,000
$16,900,000

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

7

$934,880,000

$207,490,000

$74,350,000

$653,040,000

3
10

$28,135,000
$963,015,000

$9,835,000
$217,325,000

$2,395,000
$76,745,000

$15,905,000
$668,945,000

4
4

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

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

$465,000
$465,000

$11,290,000
$11,290,000

1
1
2

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

$2,175,000
$7,410,000
$9,585,000

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

$0
$0
$0

General Obligation
Revenue
Totals for Arizona Western
Central Arizona

Cochise

Coconino

Eastern Arizona College

Gila CC

Maricopa CC
General Obligation
Revenue
Totals for Maricopa CC
Mohave CC
Revenue
Totals for Mohave CC
Northland Pioneer College
Certificate of Participation
General Obligation
Totals for Northland Pioneer College

Page 29

TABLE 3
COMMUNITY COLLEGE FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

Pima CC
3
1
4

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

$100,075,000
$1,300,000
$101,375,000

$12,570,000
$100,000
$12,670,000

$27,335,000
$100,000
$27,435,000

$1,439,229,228

$27,335,000

4
1
5

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

$22,120,000
$1,700,000
$23,820,000

$3,040,000
$180,000
$3,220,000

$50,470,000
$620,000
$51,090,000

$561,993,781

$50,470,000

1

$2,410,000

$2,175,000

$235,000

$0

General Obligation

20

$1,285,335,000

$353,990,000

$112,595,000

$818,750,000

Revenue

12

$68,025,000

$18,670,000

$3,920,000

$45,435,000

Grand Totals:

33

$1,355,770,000

$374,835,000

$116,750,000

$864,185,000

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

Page 30

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%.

that the district would be considered in the
comparisons in this publication.
Within school districts that have outstanding
bonded indebtedness, the average debt per
student was $5,733. (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, 2009.

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.

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

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, 88
had no bonded indebtedness in FY 2008/09.
Five school districts (Williams in Coconino,
Topock in Mohave, Nogales USD in Santa
Cruz, Cottonwood-Oak Creek ESD and Camp
Verde USD of Yavapai) retired all outstanding
debt as of June 30, 2009. The remaining 134
school districts with outstanding bonded
indebtedness had:






$1.58 billion in Class A general
obligation debt, reported by 88 school
districts;
$3.3 billion in Class B general
obligation debt, reported by 90 school
districts;
$1.3 million in certificates of
participation, reported by one school
district;
$54.6 million in Impact Aid revenue
bonds, reported by eight school
districts.

# WITH B.I.
5
6
4
5
3
3
3
49
8
9
11
12
1
7
8

# WITHOUT B.I.
6
16
6
3
4
2
3
7
7
2
5
6
5
15
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, 2009.

There is one school district that did not submit
a FY 2008/09 bonded indebtedness report
(Flowing Wells USD in Pima County). The
district did have outstanding debt as of FY
2007/08 and also issued new bonds during FY
2008/09. The outstanding value of the bonds
at the end of FY 2007/08 was left in our
database, and the new issues were added so

Page 31

COUNTY TOTAL
FOR SCHOOL
DISTRICTS:

OUTSTANDING
DEBT

Maricopa
Pima
Pinal
Yavapai
Mohave
Yuma
Navajo

$3,537,505,000
$538,985,000
$297,437,297
$158,480,000
$123,588,216
$91,355,000
$86,030,000

DEBT PER
STUDENT

$6,262
$4,304
$7,527
$9,038
$5,589
$2,658
$5,761

COUNTY TOTAL
FOR SCHOOL
DISTRICTS:

Coconino
Gila
Apache
Cochise
Santa Cruz
Graham
Greenlee
La Paz

OUTSTANDING
DEBT

$49,710,000
$35,855,000
$25,390,000
$13,435,000
$10,000,000
$8,630,000
$4,095,000
$2,705,000

DEBT PER
STUDENT

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%.

$3,198
$6,568
$3,795
$1,085
$2,765
$1,790
$2,480
$5,671

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 2008/09 for those districts with
outstanding debt.

As of publication date, there are 90 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.

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,
2009. However, the year-end balances should
reflect any July 1, 2009 payments if the
payment amount has been deposited into a
dedicated fund for the payment of the
principal.

CERTIFICATES OF PARTICIPATION
The outstanding balance of this type of debt
at the end of FY 2008/09 was $1,255,000.
Higley Unified School District in Maricopa
County was the only school district with this
type of debt.

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 2008/09.

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 eight 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,
Whiteriver USD and Winslow USD in Navajo
County; and Indian Oasis USD in Pima
County. The outstanding balance of this type
of debt at the end of FY 2008/09 was $54.6
million.

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.
Per §15-1021, beginning January 1, 1999
school districts could begin issuing Class B
bonds which are subject to a lower debt

Page 32

As shown on Table 20, Paradise Valley
Unified School District in Maricopa County has
the largest amount of outstanding bonded
indebtedness among all school districts as of
June 30, 2009, at $302.7 million. In terms of
debt per student, however, Paradise Valley
Unified School District ranks 20th at $9,344.
The school district with the highest debt per
student is Sedona-Oak Creek Unified School
District in Yavapai County, at $50,545 in
outstanding debt per student.

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, 2009.

Page 33

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

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

$70,000
$70,000

$45,000
$45,000

$1,145,000
$1,145,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$150,000
$150,000

$3,095,000
$3,095,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

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

$0
$0

$640,000
$640,000

$9,360,000
$9,360,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

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

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

$8,035,000
$8,035,000

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 USD
Totals for Sanders 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
Page 34

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

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

$860,000
$860,000

$3,755,000
$3,755,000

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

1
1

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

General Obligation-Class B

4

$14,505,000

$70,000

$835,000

$13,600,000

Impact Aid Revenue

2

$23,655,000

$9,835,000

$2,030,000

$11,790,000

Grand Totals:

6

$38,160,000

$9,905,000

$2,865,000

$25,390,000

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 35

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$16,531,008

$1,290,000

$9,747,824

$1,495,000

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

$2,850,000
$2,850,000

$810,000
$810,000

$1,290,000
$1,290,000

1
1

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

$600,000
$600,000

$70,000
$70,000

$630,000
$630,000

1
1

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

$0
$0

$335,000
$335,000

$6,030,000
$6,030,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

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

$150,000
$150,000

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

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

$5,764,814

$630,000

9 Benson USD
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
Page 36

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$22,416,857

$740,000

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

$4,510,000
$4,510,000

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

$740,000
$740,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
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
Page 37

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$133,178,731

$3,250,000

68 Sierra Vista USD
2
2

$21,180,000
$21,180,000

$14,870,000
$14,870,000

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

$3,250,000
$3,250,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

6

$36,435,000

$23,910,000

$5,120,000

$7,405,000

General Obligation-Class B

1

$6,365,000

$0

$335,000

$6,030,000

Grand Totals:

7

$42,800,000

$23,910,000

$5,455,000

$13,435,000

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

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

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

$1,215,000
$30,000,000
$31,215,000

1
1

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

$1,395,000
$1,395,000

$450,000
$450,000

$0
$0

1
1
2

$3,800,000
$955,000
$4,755,000

$1,880,000
$0
$1,880,000

$350,000
$0
$350,000

$1,570,000
$955,000
$2,525,000

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

$1,330,000
$1,330,000

$1,365,000
$1,365,000

$12,830,000
$12,830,000

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

$1,810,000
$2,550,000
$4,360,000

$755,000
$575,000
$1,330,000

$0
$3,140,000
$3,140,000

Maine ESD
Totals for Maine ESD

15

$1,970,000
$0
$1,970,000

Sedona-Oak Creek USD
Totals for Sedona-Oak Creek USD

10

$4,815,000
$0
$4,815,000

Page USD
Impact Aid Revenue
Totals for Page USD

9

$8,000,000
$30,000,000
$38,000,000

Fredonia-Moccasin USD
Totals for Fredonia-Moccasin USD

8

2
2
4

Chevlon Butte ESD
Totals for Chevlon Butte ESD

6

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$423,916,683

$1,215,000

$4,702,168

$1,570,000

Grand Canyon USD
General Obligation
General Obligation-Class B
Totals for Grand Canyon USD

5

PAID IN FISCAL
YEAR 2009

Williams USD
General Obligation
Totals for Williams USD

4

PAID THROUGH
6/30/08

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

2

ORIGINAL
PRINCIPAL

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
Page 39

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

31

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Ash Fork USD
0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

5

$16,210,000

$9,900,000

$3,525,000

$2,785,000

General Obligation-Class B

3

$30,955,000

$0

$0

$30,955,000

Impact Aid Revenue

2

$21,790,000

$3,880,000

$1,940,000

$15,970,000

10

$68,955,000

$13,780,000

$5,465,000

$49,710,000

Totals for Ash Fork USD

Grand Totals:

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 40

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 7
GILA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$15,488,445

$1,925,000

$699,037

$85,000

1 Globe USD
1
1

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

$1,090,000
$1,090,000

$585,000
$585,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
2
3

$5,925,000
$33,845,000
$39,770,000

$4,285,000
$0
$4,285,000

$1,640,000
$0
$1,640,000

$0
$33,845,000
$33,845,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$295,000
$295,000

$185,000
$185,000

$25,000
$25,000

$85,000
$85,000

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

3

$9,820,000

$5,560,000

$2,250,000

$2,010,000

General Obligation-Class B

2

$33,845,000

$0

$0

$33,845,000

Grand Totals:

5

$43,665,000

$5,560,000

$2,250,000

$35,855,000

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
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.
Page 41

**

TABLE 8
GRAHAM COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

$8,315,000
$915,000
$9,230,000

$65,000
$0
$65,000

$1,585,000
$4,085,000
$5,670,000

$26,313,869

$1,585,000

3
3

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

$3,645,000
$3,645,000

$480,000
$480,000

$1,860,000
$1,860,000

$10,330,154

$1,860,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$70,000
$70,000

$1,100,000
$1,100,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

4

$15,950,000

$11,960,000

$545,000

$3,445,000

General Obligation-Class B

2

$6,170,000

$915,000

$70,000

$5,185,000

Grand Totals:

6

$22,120,000

$12,875,000

$615,000

$8,630,000

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
Page 42

TABLE 9
GREENLEE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

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

$180,000
$180,000

$2,080,000
$2,080,000

$3,726,843

$2,080,000

2
2

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

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

$0
$0

$435,000
$435,000

$4,153,863

$435,000

1
1

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

$495,000
$495,000

$275,000
$275,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

3

$5,425,000

$2,730,000

$180,000

$2,515,000

General Obligation-Class B

1

$2,350,000

$495,000

$275,000

$1,580,000

Grand Totals:

4

$7,775,000

$3,225,000

$455,000

$4,095,000

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
Page 43

TABLE 10
LA PAZ COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

4 Quartzsite ESD
1
1

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

$635,000
$635,000

$145,000
$145,000

$835,000
$835,000

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

$480,000
$480,000

$55,000
$55,000

1
1

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

$640,000
$640,000

General Obligation

3

$4,935,000

Grand Totals:

3

$4,935,000

General Obligation
Totals for Quartzsite ESD

$9,221,330

$835,000

$115,000
$115,000

$4,378,136

$115,000

$275,000
$275,000

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

$18,271,918

$1,755,000

$1,755,000

$475,000

$2,705,000

$1,755,000

$475,000

$2,705,000

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
Page 44

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

$32,945,000

$5,205,000

$27,460,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Phoenix ESD
General Obligation

4

General Obligation-Class B

2

$38,250,000

$550,000

$3,670,000

$34,030,000

6

$103,860,000

$33,495,000

$8,875,000

$61,490,000

4

$20,750,000

$6,240,000

$1,050,000

$13,460,000

4

$20,750,000

$6,240,000

$1,050,000

$13,460,000

11

$109,875,000

$68,065,000

$3,030,000

$38,780,000

4

$81,765,000

$12,600,000

$105,000

$69,060,000

15

$191,640,000

$80,665,000

$3,135,000

$107,840,000

General Obligation

3

$119,150,000

$17,890,000

$15,700,000

$85,560,000

General Obligation-Class B

5

$215,510,000

$0

$9,100,000

$206,410,000

8

$334,660,000

$17,890,000

$24,800,000

$291,970,000

2

$6,800,000

$4,160,000

$1,370,000

$1,270,000

2

$6,800,000

$4,160,000

$1,370,000

$1,270,000

General Obligation

4

$93,365,000

$13,155,000

$14,715,000

$65,495,000

General Obligation-Class B

4

$64,000,000

$32,955,000

$3,130,000

$27,915,000

8

$157,365,000

$46,110,000

$17,845,000

$93,410,000

2

$3,090,000

$2,140,000

$950,000

$0

Totals for Phoenix ESD

$65,610,000

$155,982,189

$27,460,000

$321,039,840 *

$38,780,000

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

$1,420,444,729

5 Isaac ESD
General Obligation
Totals for Isaac ESD

$41,419,704

$1,270,000

$337,897,608

$65,495,000

6 Washington ESD

Totals for Washington ESD
7 Wilson ESD
General Obligation
General Obligation-Class B
Totals for Wilson ESD

1

$7,070,000

$590,000

$1,050,000

$5,430,000

3

$10,160,000

$2,730,000

$2,000,000

$5,430,000

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 45

$85,560,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

$17,595,000

$2,785,000

$16,470,000

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

2

$37,000,000

$150,000

$2,295,000

$34,555,000

5

$73,850,000

$17,745,000

$5,080,000

$51,025,000

General Obligation

5

$21,750,000

$4,765,000

$1,165,000

$15,820,000

General Obligation-Class B

1

$1,885,000

$0

$100,000

$1,785,000

6

$23,635,000

$4,765,000

$1,265,000

$17,605,000

General Obligation

6

$237,760,000

$108,587,000

$11,073,000

$118,100,000

General Obligation-Class B

5

$148,500,000

$36,325,000

$9,000,000

$103,175,000

11

$386,260,000

$144,912,000

$20,073,000

$221,275,000

4

$15,045,000

$8,240,000

$4,525,000

$2,280,000

4

$15,045,000

$8,240,000

$4,525,000

$2,280,000

General Obligation

1

$1,500,000

$0

$475,000

$1,025,000

General Obligation-Class B

3

$11,090,000

$550,000

$1,810,000

$8,730,000

4

$12,590,000

$550,000

$2,285,000

$9,755,000

3

$8,000,000

$0

$1,060,000

$6,940,000

3

$8,000,000

$0

$1,060,000

$6,940,000

2

$5,300,000

$285,000

$400,000

$4,615,000

2

$5,300,000

$285,000

$400,000

$4,615,000

2

$9,585,000

$750,000

$960,000

$7,875,000

2

$9,585,000

$750,000

$960,000

$7,875,000

Totals for Osborn ESD

$113,985,116

$16,470,000

9 Wickenburg USD

Totals for Wickenburg USD

$75,182,683

$15,820,000

11 Peoria USD

Totals for Peoria USD

$744,972,997 *

14 Creighton ESD
General Obligation
Totals for Creighton ESD

$98,765,969

$2,280,000

$36,130,064

$1,025,000

17 Tolleson ESD

Totals for Tolleson ESD
21 Murphy ESD
General Obligation-Class B
Totals for Murphy ESD
24 Gila Bend USD
General Obligation-Class B
Totals for Gila Bend USD
25 Liberty ESD
General Obligation-Class B
Totals for Liberty ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 46

$118,100,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

$23,605,000

$5,065,000

$31,945,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

28 Kyrene ESD
General Obligation

4

General Obligation-Class B

4

$89,000,000

$0

$0

$89,000,000

8

$149,615,000

$23,605,000

$5,065,000

$120,945,000

2

$15,410,000

$5,210,000

$1,920,000

$8,280,000

2

$15,410,000

$5,210,000

$1,920,000

$8,280,000

General Obligation

3

$3,990,000

$3,300,000

$335,000

$355,000

General Obligation-Class B

4

$23,500,000

$2,225,000

$2,285,000

$18,990,000

7

$27,490,000

$5,525,000

$2,620,000

$19,345,000

General Obligation

3

$46,305,000

$13,985,000

$4,055,000

$28,265,000

General Obligation-Class B

2

$30,500,000

$415,000

$590,000

$29,495,000

5

$76,805,000

$14,400,000

$4,645,000

$57,760,000

General Obligation

3

$18,895,000

$10,655,000

$3,445,000

$4,795,000

General Obligation-Class B

2

$24,725,000

$9,100,000

$1,400,000

$14,225,000

5

$43,620,000

$19,755,000

$4,845,000

$19,020,000

General Obligation

2

$51,375,000

$7,645,000

$9,410,000

$34,320,000

General Obligation-Class B

4

$173,500,000

$600,000

$5,430,000

$167,470,000

6

$224,875,000

$8,245,000

$14,840,000

$201,790,000

General Obligation

3

$14,000,000

$6,475,000

$1,325,000

$6,200,000

General Obligation-Class B

3

$28,550,000

$1,250,000

$400,000

$26,900,000

6

$42,550,000

$7,725,000

$1,725,000

$33,100,000

Totals for Kyrene ESD

$60,615,000

$430,017,430 *

$31,945,000

31 Balsz ESD
General Obligation
Totals for Balsz ESD

$66,826,639

$8,280,000

$56,207,506

$355,000

$229,779,443

$28,265,000

$91,973,543

$4,795,000

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

$777,325,277

44 Avondale ESD

Totals for Avondale ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 47

$79,069,400

$6,200,000

$34,320,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

$2,150,000

$1,360,000

$790,000

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

45 Fowler ESD
General Obligation

1

General Obligation-Class B

5

$18,290,000

$1,050,000

$1,500,000

$15,740,000

6

$20,440,000

$2,410,000

$2,290,000

$15,740,000

1

$2,265,000

$570,000

$215,000

$1,480,000

1

$2,265,000

$570,000

$215,000

$1,480,000

10

$368,275,000

$220,080,000

$26,155,000

$122,040,000

3

$317,600,000

$135,490,000

$2,835,000

$179,275,000

13

$685,875,000

$355,570,000

$28,990,000

$301,315,000

1

$1,500,000

$350,000

$105,000

$1,045,000

1

$1,500,000

$350,000

$105,000

$1,045,000

Totals for Fowler ESD

$0

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

$2,146,963,238

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

2

$2,500,000

$775,000

$555,000

$1,170,000

General Obligation-Class B

4

$20,850,000

$350,000

$575,000

$19,925,000

6

$23,350,000

$1,125,000

$1,130,000

$21,095,000

Totals for Laveen ESD
60 Higley USD
Certificate of Participation

1

$2,015,000

$375,000

$385,000

$1,255,000

General Obligation-Class B

8

$79,825,000

$4,615,000

$4,365,000

$70,845,000

9

$81,840,000

$4,990,000

$4,750,000

$72,100,000

1

$1,385,000

$745,000

$440,000

$200,000

1

$1,385,000

$745,000

$440,000

$200,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

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

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 48

$61,606,920

$1,170,000

$122,040,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

65 Littleton ESD
General Obligation

2

$1,825,000

$575,000

$20,000

$1,230,000

General Obligation-Class B

2

$15,830,000

$2,570,000

$1,100,000

$12,160,000

4

$17,655,000

$3,145,000

$1,120,000

$13,390,000

General Obligation

3

$37,600,000

$18,530,000

$1,675,000

$17,395,000

General Obligation-Class B

1

$20,000,000

$0

$2,125,000

$17,875,000

4

$57,600,000

$18,530,000

$3,800,000

$35,270,000

4

$32,525,000

$5,185,000

$2,945,000

$24,395,000

4

$32,525,000

$5,185,000

$2,945,000

$24,395,000

17

$420,080,000

$230,250,000

$21,135,000

$168,695,000

8

$207,975,000

$53,365,000

$20,655,000

$133,955,000

25

$628,055,000

$283,615,000

$41,790,000

$302,650,000

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

$9,860,000

$3,110,000

$5,455,000

General Obligation-Class B

3

$30,500,000

$0

$250,000

$30,250,000

8

$48,925,000

$9,860,000

$3,360,000

$35,705,000

General Obligation

7

$91,175,000

$46,605,000

$6,415,000

$38,155,000

General Obligation-Class B

4

$182,900,000

$9,245,000

$10,500,000

$163,155,000

11

$274,075,000

$55,850,000

$16,915,000

$201,310,000

Totals for Littleton ESD

$61,314,857

$1,230,000

$161,865,757

$17,395,000

$91,037,422

$24,395,000

66 Roosevelt ESD

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

$1,412,555,403

$168,695,000

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

Totals for Litchfield ESD

$166,758,836

$5,455,000

80 Chandler USD

Totals for Chandler USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 49

$928,085,062 *

$38,155,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

81 Nadaburg ESD
1

$2,000,000

$195,000

$120,000

$1,685,000

1

$2,000,000

$195,000

$120,000

$1,685,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation

1

$15,955,000

$135,000

$55,000

$15,765,000

General Obligation-Class B

8

$196,080,000

$21,700,000

$3,800,000

$170,580,000

9

$212,035,000

$21,835,000

$3,855,000

$186,345,000

1

$25,000,000

$9,610,000

$2,260,000

$13,130,000

1

$25,000,000

$9,610,000

$2,260,000

$13,130,000

General Obligation

1

$5,160,000

$3,265,000

$1,895,000

$0

General Obligation-Class B

5

$34,525,000

$7,195,000

$9,400,000

$17,930,000

6

$39,685,000

$10,460,000

$11,295,000

$17,930,000

General Obligation

1

$7,415,000

$4,620,000

$35,000

$2,760,000

General Obligation-Class B

2

$20,000,000

$0

$2,100,000

$17,900,000

3

$27,415,000

$4,620,000

$2,135,000

$20,660,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation-Class B
Totals for Nadaburg ESD
83 Cartwright ESD
Totals for Cartwright ESD
86 Mobile ESD
Totals for Mobile ESD
89 Dysart USD

Totals for Dysart USD

$552,534,757

$15,765,000

$838,648,083

$2,760,000

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

Totals for Pendergast ESD
93 Cave Creek USD

Totals for Cave Creek USD
94 Paloma ESD
Totals for Paloma ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 50

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

95 Queen Creek USD
General Obligation

3

$17,695,000

$5,025,000

$1,185,000

$11,485,000

General Obligation-Class B

4

$38,065,000

$10,230,000

$3,370,000

$24,465,000

7

$55,760,000

$15,255,000

$4,555,000

$35,950,000

3

$95,225,000

$31,545,000

$21,710,000

$41,970,000

Totals for Queen Creek USD

$124,816,937

$11,485,000

$1,113,914,684

$41,970,000

$212,161,217

$6,005,000

97 Deer Valley USD
General Obligation

7

$167,500,000

$26,550,000

$5,795,000

$135,155,000

10

$262,725,000

$58,095,000

$27,505,000

$177,125,000

General Obligation

2

$8,800,000

$275,000

$2,520,000

$6,005,000

General Obligation-Class B

4

$28,000,000

$12,490,000

$1,350,000

$14,160,000

6

$36,800,000

$12,765,000

$3,870,000

$20,165,000

General Obligation

1

$9,075,000

$6,275,000

$750,000

$2,050,000

General Obligation-Class B

6

$73,220,000

$10,285,000

$8,025,000

$54,910,000

7

$82,295,000

$16,560,000

$8,775,000

$56,960,000

General Obligation

2

$49,890,000

$17,075,000

$5,785,000

$27,030,000

General Obligation-Class B

2

$80,000,000

$5,475,000

$3,920,000

$70,605,000

4

$129,890,000

$22,550,000

$9,705,000

$97,635,000

General Obligation

4

$213,390,000

$105,230,000

$37,610,000

$70,550,000

General Obligation-Class B

5

$283,190,000

$60,470,000

$6,480,000

$216,240,000

9

$496,580,000

$165,700,000

$44,090,000

$286,790,000

General Obligation

4

$165,935,000

$67,935,000

$20,535,000

$77,465,000

General Obligation-Class B

1

$30,000,000

$0

$0

$30,000,000

5

$195,935,000

$67,935,000

$20,535,000

$107,465,000

General Obligation-Class B
Totals for Deer Valley USD
98 Fountain Hills USD

Totals for Fountain Hills USD
201 Buckeye UHSD

Totals for Buckeye UHSD

$169,007,757

$2,050,000

$429,871,151

$27,030,000

$1,220,563,356

$70,550,000

$756,230,398

$77,465,000

205 Glendale UHSD

Totals for Glendale UHSD
210 Phoenix UHSD

Totals for Phoenix UHSD
213 Tempe UHSD

Totals for Tempe UHSD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 51

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

$11,750,000

$3,480,000

$17,490,000

15% DEBT LIMIT

15% DEBT LIMIT
USED

214 Tolleson UHSD
General Obligation
General Obligation-Class B
Totals for Tolleson UHSD

5

$32,720,000

5

$74,900,000

$6,400,000

$3,975,000

$64,525,000

10

$107,620,000

$18,150,000

$7,455,000

$82,015,000

6

$30,445,000

$12,090,000

$2,195,000

$16,160,000

$247,091,677

$17,490,000

$245,828,236

$16,160,000

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

4

$48,265,000

$10,500,000

$2,450,000

$35,315,000

10

$78,710,000

$22,590,000

$4,645,000

$51,475,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

1

$2,015,000

$375,000

$385,000

$1,255,000

401 East Valley Inst. Of Tech
Totals for East Valley Inst. Of Tech
Certificate of Participation
General Obligation

149

$2,547,645,000

$1,146,857,000

$247,103,000

$1,153,685,000

General Obligation-Class B

153

$3,018,145,000

$494,035,000

$141,545,000

$2,382,565,000

Grand Totals:

303

$5,567,805,000

$1,641,267,000

$389,033,000

$3,537,505,000

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 52

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

$23,015,000
$23,015,000

$3,305,000
$3,305,000

$24,235,000
$24,235,000

2
2

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

$6,345,000
$6,345,000

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

$12,670,000
$12,670,000

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

$1,090,000
$1,090,000

$210,000
$210,000

$390,000
$390,000

1
1
2

$625,000
$1,600,000
$2,225,000

$340,000
$0
$340,000

$50,000
$0
$50,000

$235,000
$1,600,000
$1,835,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$1,072,000
$1,072,000

$115,000
$115,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$332,335,096

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

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 53

$5,938,356

$235,000

$24,235,000

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

14 Colorado City USD
General Obligation
Totals for Colorado City USD

2
2

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

$675,000
$675,000

$100,000
$100,000

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

$3,484,982

1
1

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

$634,614
$634,614

$727,170
$727,170

$1,458,216
$1,458,216

$88,129,036

$1,458,216

1
1

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

$905,000
$905,000

$935,000
$935,000

$7,125,000
$7,125,000

$53,169,510

$7,125,000

1
3
4

$2,155,000
$79,990,000
$82,145,000

$1,410,000
$2,200,000
$3,610,000

$745,000
$3,025,000
$3,770,000

$0
$74,765,000
$74,765,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

12

$68,192,000

$28,051,614

$5,977,170

$34,163,216

8

$104,065,000

$9,635,000

$5,005,000

$89,425,000

20

$172,257,000

$37,686,614

$10,982,170

$123,588,216

15 Bullhead City ESD
General Obligation
Totals for Bullhead City ESD
16 Mohave Valley ESD
General Obligation
Totals for Mohave Valley ESD
20 Kingman USD
General Obligation
General Obligation-Class B
Totals for Kingman USD
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
Page 54

$1,110,000

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

1 Winslow USD
General Obligation
Impact Aid Revenue
Totals for Winslow USD

1
1
2

$3,965,000
$2,860,000
$6,825,000

$200,000
$0
$200,000

$300,000
$0
$300,000

$3,465,000
$2,860,000
$6,325,000

1
1

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

$0
$0

$335,000
$335,000

$4,865,000
$4,865,000

1
1

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

$223,000
$223,000

$160,000
$160,000

$3,715,000
$3,715,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$10,200,000
$10,200,000

$765,000
$765,000

$275,000
$275,000

$9,160,000
$9,160,000

1
1
2

$3,150,000
$10,215,000
$13,365,000

$2,600,000
$0
$2,600,000

$550,000
$0
$550,000

$0
$10,215,000
$10,215,000

2
2

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

$10,905,000
$10,905,000

$900,000
$900,000

$7,330,000
$7,330,000

1
1

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

$2,080,000
$2,080,000

$1,295,000
$1,295,000

$14,420,000
$14,420,000

1
1

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

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

$335,000
$335,000

$3,275,000
$3,275,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$15,696,124

$3,465,000

$69,498,449

$7,330,000

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
General Obligation-Class B
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
Totals for Kayenta USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 55

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

$14,605,000
$0
$14,605,000

$1,255,000
$0
$1,255,000

$6,725,000
$20,000,000
$26,725,000

General Obligation

6

$48,835,000

$28,310,000

$3,005,000

$17,520,000

General Obligation-Class B

7

$49,713,000

$988,000

$770,000

$47,955,000

Impact Aid Revenue

3

$25,455,000

$3,270,000

$1,630,000

$20,555,000

16

$124,003,000

$32,568,000

$5,405,000

$86,030,000

Grand Totals:

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 56

$94,943,288

$6,725,000

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

7
5
12

$450,850,000
$179,925,000
$630,775,000

$288,030,000
$21,800,000
$309,830,000

$15,310,000
$10,550,000
$25,860,000

$147,510,000
$147,575,000
$295,085,000

$1,159,985,826

4

$69,140,000

$35,215,000

$5,855,000

$28,070,000

$285,733,270

$28,070,000

4
8

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

$24,950,000
$60,165,000

$1,820,000
$7,675,000

$16,980,000
$45,050,000

2
2
4

$21,085,000
$17,330,000
$38,415,000

$11,495,000
$0
$11,495,000

$0
$0
$0

$9,590,000
$17,330,000
$26,920,000

$70,280,061

$9,590,000

3
1
4

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

$65,305,000
$0
$65,305,000

$15,285,000
$0
$15,285,000

$26,705,000
$20,000,000
$46,705,000

$514,254,404

$26,705,000

5
5

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

$32,090,000
$32,090,000

$5,600,000
$5,600,000

$25,590,000
$25,590,000

$146,602,817

$25,590,000

2
2

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

$3,820,000
$3,820,000

$1,060,000
$1,060,000

$2,270,000
$2,270,000

$71,530,178

$2,270,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

4
3
7

$56,980,000
$18,810,000
$75,790,000

$40,885,000
$935,000
$41,820,000

$4,495,000
$1,350,000
$5,845,000

$11,600,000
$16,525,000
$28,125,000

$215,394,174

$11,600,000

*

$147,510,000

6 Marana USD
General Obligation
General Obligation-Class B
Totals for Marana USD
8 Flowing Wells USD
General Obligation
General Obligation-Class B
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

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds.
Page 57

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

$1,960,000
$35,225,000
$37,185,000

$156,502,956

$1,960,000

$115,252,794

$5,560,000

20 Vail USD
2
5
7

$10,800,000
$39,900,000
$50,700,000

$7,535,000
$3,710,000
$11,245,000

$1,305,000
$965,000
$2,270,000

1

$11,175,000

$2,755,000

$2,860,000

$5,560,000

2
3

$19,000,000
$30,175,000

$0
$2,755,000

$210,000
$3,070,000

$18,790,000
$24,350,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$710,000
$710,000

$435,000
$435,000

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

1
1

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

$5,954,957
$5,954,957

$915,043
$915,043

$6,235,000
$6,235,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

31

$800,370,000

$487,840,000

$52,205,000

$260,325,000

General Obligation-Class B

22

$338,715,000

$51,395,000

$14,895,000

$272,425,000

1

$13,105,000

$5,954,957

$915,043

$6,235,000

54

$1,152,190,000

$545,189,957

$68,015,043

$538,985,000

General Obligation
General Obligation-Class B
Totals for Vail USD
30 Sahuarita USD
General Obligation
General Obligation-Class B
Totals for Sahuarita USD
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
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.
Page 58

$58,548,483

$1,470,000

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

5
5

$61,600,000
$61,600,000

$955,000
$955,000

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

$56,400,000
$56,400,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$680,000
$680,000

$155,000
$155,000

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

1
3
4

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

$1,100,000
$3,780,000
$4,880,000

$1,050,000
$1,820,000
$2,870,000

$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

$2,625,000
$2,625,000

$755,000
$755,000

$890,000
$890,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

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

$527,703
$527,703

$120,000
$120,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3
6

$3,946,465
$42,455,000
$46,401,465

$881,465
$0
$881,465

$440,000
$485,000
$925,000

$2,625,000
$41,970,000
$44,595,000

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

$94,078,738

$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

$6,549,338

$890,000

$6,123,776

$1,652,297

$125,913,152

$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

Page 59

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

21 Coolidge USD
General Obligation
General Obligation-Class B
Totals for Coolidge USD

1
5
6

$735,000
$39,295,000
$40,030,000

$100,000
$2,780,000
$2,880,000

$100,000
$1,100,000
$1,200,000

$535,000
$35,415,000
$35,950,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$500,000
$500,000

$285,000
$285,000

$400,000
$400,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

5
4
9

$56,640,000
$50,775,000
$107,415,000

$25,805,000
$13,335,000
$39,140,000

$2,597,408
$717,592
$3,315,000

$28,237,592
$36,722,408
$64,960,000

4
4

$20,980,000
$20,980,000

$330,000
$330,000

$300,000
$300,000

$20,350,000
$20,350,000

$103,254,442

$535,000

$184,515,218

$28,237,592

22 Toltec ESD
Totals for Toltec ESD
24 Stanfield ESD
General Obligation-Class B
Totals for Stanfield ESD
33 Picacho ESD
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
1

$7,857,000

$1,677,000

$2,315,000

$3,865,000

2
3

$38,000,000
$45,857,000

$0
$1,677,000

$0
$2,315,000

$38,000,000
$41,865,000

2
2

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

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

$575,000
$575,000

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

General Obligation

16

$91,983,465

$36,141,168

$7,952,408

$47,889,889

General Obligation-Class B

28

$281,015,000

$22,360,000

$9,107,592

$249,547,408

Grand Totals:

44

$372,998,465

$58,501,168

$17,060,000

$297,437,297

General Obligation
General Obligation-Class B
Totals for Casa Grande UHSD

$135,023,807

$3,865,000

$20,953,329

$2,475,000

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

Page 60

TABLE 16
SANTA CRUZ COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

1 Nogales USD
1
1

$530,000
$530,000

$510,000
$510,000

$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

$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

$21,525,000
$0
$21,525,000

$3,685,000
$0
$3,685,000

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

General Obligation

4

$25,740,000

$22,035,000

$3,705,000

$0

General Obligation-Class B

2

$10,000,000

$0

$0

$10,000,000

Grand Totals:

6

$35,740,000

$22,035,000

$3,705,000

$10,000,000

General Obligation
Totals for Nogales USD
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
Page 61

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

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

2
2

$18,700,000
$18,700,000

$2,055,000
$2,055,000

$1,560,000
$1,560,000

$15,085,000
$15,085,000

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

$175,000
$175,000

$500,000
$500,000

$14,325,000
$14,325,000

2
2

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

$4,330,000
$4,330,000

$865,000
$865,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$73,400,000
$73,400,000

$0
$0

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

$69,600,000
$69,600,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
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
Page 62

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

3
2
5

$22,630,000
$41,000,000
$63,630,000

$8,360,000
$420,000
$8,780,000

$2,180,000
$450,000
$2,630,000

$12,090,000
$40,130,000
$52,220,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

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

$1,100,000
$1,100,000

$130,000
$130,000

$760,000
$760,000

2
2

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

$8,920,000
$8,920,000

$605,000
$605,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$15,000
$15,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$180,802,470

23 Kirkland ESD
Totals for Kirkland ESD
26 Beaver Creek ESD
General Obligation
Totals for Beaver Creek ESD
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
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
Page 63

$9,124,022

$760,000

$12,090,000

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

$4,630,000
$4,630,000

$1,085,000
$1,085,000

$4,505,000
$4,505,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

12

$49,560,000

$27,340,000

$4,865,000

$17,355,000

9

$150,100,000

$2,650,000

$6,325,000

$141,125,000

21

$199,660,000

$29,990,000

$11,190,000

$158,480,000

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
Page 64

$77,845,373

$4,505,000

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15% DEBT LIMIT

15% DEBT LIMIT
USED

1 Yuma ESD
General Obligation
Totals for Yuma ESD

3
3

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

$8,950,000
$8,950,000

$2,400,000
$2,400,000

$13,675,000
$13,675,000

$135,759,667

$13,675,000

2
2
4

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

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

$175,000
$135,000
$310,000

$0
$3,380,000
$3,380,000

3
3
6

$18,855,000
$11,870,000
$30,725,000

$12,255,000
$245,000
$12,500,000

$725,000
$1,200,000
$1,925,000

$5,875,000
$10,425,000
$16,300,000

$39,486,509

$5,875,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$935,000
$935,000

$110,000
$110,000

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

$3,192,924

$1,005,000

1
1

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

$930,000
$930,000

$100,000
$100,000

$370,000
$370,000

$4,740,295

$370,000

4
4

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

$695,000
$695,000

$120,000
$120,000

$775,000
$775,000

$11,100,622

$775,000

1
1

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

$0
$0

$125,000
$125,000

$2,225,000
$2,225,000

1
3
4

$9,145,000
$70,000,000
$79,145,000

$4,785,000
$13,075,000
$17,860,000

$0
$7,660,000
$7,660,000

$4,360,000
$49,265,000
$53,625,000

$195,966,177

$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
Page 65

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2009 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

General Obligation
General Obligation-Class B
Grand Totals:

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

15

$58,875,000

$29,185,000

$3,630,000

$26,060,000

9

$88,295,000

$13,880,000

$9,120,000

$65,295,000

24

$147,170,000

$43,065,000

$12,750,000

$91,355,000

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 66

15% DEBT LIMIT

15% DEBT LIMIT
USED

30% DEBT LIMIT

30% DEBT LIMIT
USED

TABLE 19
OUTSTANDING CLASS B GENERAL OBLIGATION INDEBTEDNESS AS OF JUNE 30, 2009
BY SCHOOL DISTRICT
SCHOOL DISTRICT
Concho ESD
Round Valley USD
Window Rock USD
Benson USD
Flagstaff USD
Grand Canyon USD
Payson USD
Pima USD
Safford USD
Morenci USD
Agua Fria UHSD
Arlington ESD
Avondale ESD *
Buckeye ESD *
Buckeye UHSD
Cave Creek USD
Chandler USD
Deer Valley USD
Dysart USD
Fountain Hills USD
Fowler ESD
Gila Bend USD
Gilbert USD
Glendale ESD
Glendale UHSD
Higley USD *
Kyrene ESD
Laveen ESD
Liberty ESD
Litchfield ESD
Littleton ESD
Madison ESD
Mesa USD
Murphy ESD
Nadaburg ESD
Osborn ESD
Palo Verde ESD
Paradise Valley USD
Pendergast ESD
Peoria USD
Phoenix ESD
Phoenix UHSD
Queen Creek USD
Riverside ESD
Roosevelt ESD
Saddle Mountain USD
Scottsdale USD
Tempe ESD
Tempe UHSD
Tolleson ESD
Tolleson UHSD

COUNTY
Apache
Apache
Apache
Cochise
Coconino
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

CLASS B DEBT
LIMIT
$1,563,702
$29,995,227
$3,721,500
$7,721,821
$141,305,561
$1,567,389
$34,122,627
$1,595,332
$8,771,290
$41,726,669
$81,942,745
$15,744,819
$26,356,467
$18,735,835
$56,335,919
$279,549,361
$309,824,055
$371,304,895
$184,178,252
$70,720,406
$17,275,287
$11,894,317
$259,108,426
$30,657,848
$143,290,384
$70,712,943
$144,651,191
$20,535,640
$18,928,849
$55,586,279
$20,438,286
$76,593,148
$473,481,576
$8,106,974
$12,031,795
$37,995,039
$2,926,416
$470,851,801
$27,338,681
$248,344,997
$51,994,063
$406,854,452
$41,605,646
$20,411,302
$53,955,252
$103,743,730
$715,654,413
$107,425,609
$252,076,799
$12,043,355
$82,363,892

CLASS B DEBT
LIMIT USED
$1,145,000
$9,360,000
$3,095,000
$6,030,000
$30,000,000
$955,000
$33,845,000
$1,100,000
$4,085,000
$1,580,000
$35,315,000
$1,480,000
$26,900,000
$18,990,000
$54,910,000
$17,900,000
$163,155,000
$135,155,000
$170,580,000
$14,160,000
$15,740,000
$4,615,000
$167,470,000
$14,225,000
$70,605,000
$70,845,000
$89,000,000
$19,925,000
$7,875,000
$30,250,000
$12,160,000
$29,495,000
$206,410,000
$6,940,000
$1,685,000
$34,555,000
$1,045,000
$133,955,000
$17,930,000
$103,175,000
$34,030,000
$216,240,000
$24,465,000
$13,460,000
$17,875,000
$13,130,000
$179,275,000
$69,060,000
$30,000,000
$8,730,000
$64,525,000

*The debt limit does not account for debt service funds on hand for payment of principal.
Page 67

TABLE 19
OUTSTANDING CLASS B GENERAL OBLIGATION INDEBTEDNESS AS OF JUNE 30, 2009
BY SCHOOL DISTRICT
SCHOOL DISTRICT
Union ESD
Washington ESD
Wickenburg USD
Wilson ESD
Colorado River UHSD
Kingman USD
Littlefield USD
Peach Springs USD
Blue Ridge USD
Heber-Overgaard USD
Holbrook USD
Joseph City USD
Snowflake USD
Amphitheater USD
Catalina Foothills USD
Flowing Wells USD
Marana USD
Sahuarita USD
Tucson USD
Vail USD
Apache Junction USD
Casa Grande ESD
Casa Grande UHSD
Coolidge USD *
Florence USD *
JO Combs USD *
Maricopa USD
Ray USD
Stanfield ESD
Santa Cruz Valley USD
Humboldt USD
Mayer USD
Mingus UHSD
Prescott USD
Sedona-Oak Creek USD
Antelope UHSD
Crane ESD
Somerton ESD
Yuma UHSD

COUNTY
Maricopa
Maricopa
Maricopa
Maricopa
Mohave
Mohave
Mohave
Mohave
Navajo
Navajo
Navajo
Navajo
Navajo
Pima
Pima
Pima
Pima
Pima
Pima
Pima
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Santa Cruz
Yavapai
Yavapai
Yavapai
Yavapai
Yavapai
Yuma
Yuma
Yuma
Yuma

CLASS B DEBT
LIMIT
$5,268,284
$112,632,536
$25,060,894
$7,934,515
$48,866,192
$94,905,056
$3,958,904
$1,482,456
$31,647,763
$10,218,246
$4,631,137
$13,015,534
$9,490,567
$171,418,135
$71,798,058
$23,426,687
$95,244,423
$38,417,598
$386,679,884
$52,167,652
$61,505,073
$31,359,579
$45,007,936
$34,418,147
$50,424,443
$19,000,160
$41,971,051
$6,188,385
$5,355,794
$18,939,994
$60,267,490
$5,332,028
$22,848,386
$116,703,840
$79,588,044
$3,136,016
$13,162,170
$3,814,500
$65,322,059

CLASS B DEBT
LIMIT USED
$200,000
$27,915,000
$1,785,000
$5,430,000
$12,670,000
$74,765,000
$1,600,000
$390,000
$20,000,000
$10,215,000
$3,715,000
$4,865,000
$9,160,000
$20,000,000
$16,525,000
$17,330,000
$16,980,000
$18,790,000
$147,575,000
$35,225,000
$36,722,408
$18,375,000
$38,000,000
$35,415,000
$56,400,000
$20,350,000
$41,970,000
$1,915,000
$400,000
$10,000,000
$40,130,000
$1,985,000
$14,325,000
$15,085,000
$69,600,000
$2,225,000
$10,425,000
$3,380,000
$49,265,000

*The debt limit does not account for debt service funds on hand for payment of principal.
Page 68

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2009, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Paradise Valley USD
Scottsdale USD
Tucson USD
Mesa USD
Phoenix UHSD
Peoria USD
Gilbert USD
Chandler USD
Dysart USD
Deer Valley USD
Kyrene ESD
Tempe ESD
Tempe UHSD
Glendale UHSD
Washington ESD
Tolleson UHSD
Kingman USD
Higley USD
Sedona-Oak Creek USD
Apache Junction USD
Phoenix ESD
Madison ESD
Buckeye UHSD
Florence USD
Yuma UHSD
Humboldt USD
Agua Fria UHSD
Osborn ESD
Amphitheater USD
Marana USD
Maricopa USD
Casa Grande UHSD
Vail USD
Coolidge USD
Queen Creek USD
Litchfield ESD
Roosevelt ESD
Payson USD
Avondale ESD
Flagstaff USD
Catalina Foothills USD
Flowing Wells USD
Blue Ridge USD
Casa Grande ESD
Sunnyside USD
Alhambra ESD
Sahuarita USD
Lake Havasu USD
Laveen ESD
Cave Creek USD
JO Combs ESD

COUNTY
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Mohave
Maricopa
Yavapai
Pinal
Maricopa
Maricopa
Maricopa
Pinal
Yuma
Yavapai
Maricopa
Maricopa
Pima
Pima
Pinal
Pinal
Pima
Pinal
Maricopa
Maricopa
Maricopa
Gila
Maricopa
Coconino
Pima
Pima
Navajo
Pinal
Pima
Maricopa
Pima
Mohave
Maricopa
Maricopa
Pinal

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$302,650,000
$9,344
20
$301,315,000
$11,960
11
$295,085,000
$5,312
53
$291,970,000
$4,319
66
$286,790,000
$11,614
12
$221,275,000
$6,018
45
$201,790,000
$5,524
51
$201,310,000
$5,953
47
$186,345,000
$8,447
30
$177,125,000
$5,069
55
$120,945,000
$7,104
37
$107,840,000
$8,871
24
$107,465,000
$8,284
31
$97,635,000
$6,555
40
$93,410,000
$4,132
68
$82,015,000
$9,624
19
$74,765,000
$10,513
17
$72,100,000
$8,214
32
$69,600,000
$50,545
1
$64,960,000
$11,461
14
$61,490,000
$8,205
33
$57,760,000
$11,438
15
$56,960,000
$18,566
3
$56,400,000
$8,591
28
$53,625,000
$5,006
57
$52,220,000
$8,498
29
$51,475,000
$8,777
26
$51,025,000
$15,332
7
$46,705,000
$3,022
89
$45,050,000
$3,609
78
$44,595,000
$8,693
27
$41,865,000
$12,791
9
$37,185,000
$4,374
65
$35,950,000
$7,677
35
$35,950,000
$8,165
34
$35,705,000
$4,001
70
$35,270,000
$2,992
90
$33,845,000
$13,669
8
$33,100,000
$5,427
52
$31,215,000
$2,976
92
$28,125,000
$6,295
43
$26,920,000
$5,041
56
$26,725,000
$10,518
16
$25,985,000
$3,632
77
$25,590,000
$1,535
113
$24,395,000
$1,717
108
$24,350,000
$5,907
48
$24,235,000
$3,947
71
$21,095,000
$4,787
59
$20,660,000
$3,662
75
$20,350,000
$5,527
50
Page 69

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2009, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Fountain Hills USD
Buckeye ESD
Glendale ESD
Pendergast ESD
Wickenburg USD
Crane ESD
Fowler ESD
Prescott USD
Whiteriver USD
Mingus USHD
Yuma ESD
Riverside ESD
Littleton ESD
Saddle Mountain USD
Page USD
Colorado River UHSD
Heber-Overgaard USD
Santa Cruz Valley USD
Tolleson ESD
Round Valley USD
Snowflake USD
Balsz ESD
Ganado USD
Liberty ESD
Show Low USD
Mohave Valley ESD
Murphy ESD
Winslow USD
Indian Oasis USD
Benson USD
Safford USD
Wilson ESD
Joseph City USD
Gila Bend USD
Chino Valley USD
Red Mesa USD
Holbrook USD
Somerton ESD
Cedar USD
Sierra Vista USD
Tuba City USD
Window Rock USD
Grand Canyon USD
Santa Cruz Valley UHSD
Creighton ESD
Tanque Verde USD
Antelope UHSD
Duncan USD
Mayer USD
Globe USD
Ray USD

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

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$20,165,000
$9,043
23
$19,345,000
$4,654
62
$19,020,000
$1,460
114
$17,930,000
$1,745
107
$17,605,000
$15,511
6
$16,300,000
$2,752
97
$15,740,000
$3,609
79
$15,085,000
$2,847
94
$14,420,000
$7,268
36
$14,325,000
$12,048
10
$13,675,000
$1,399
117
$13,460,000
$16,783
4
$13,390,000
$2,870
93
$13,130,000
$9,163
22
$12,830,000
$4,576
63
$12,670,000
$5,244
54
$10,215,000
$18,987
2
$10,000,000
$2,765
96
$9,755,000
$3,233
84
$9,360,000
$6,783
38
$9,160,000
$3,706
74
$8,280,000
$2,615
98
$8,035,000
$4,674
61
$7,875,000
$2,197
101
$7,330,000
$3,113
88
$7,125,000
$3,804
73
$6,940,000
$2,976
91
$6,325,000
$2,773
95
$6,235,000
$6,654
39
$6,030,000
$6,519
41
$5,670,000
$2,001
104
$5,430,000
$4,436
64
$4,865,000
$10,114
18
$4,615,000
$11,509
13
$4,505,000
$1,694
109
$3,755,000
$4,082
69
$3,715,000
$1,926
105
$3,380,000
$1,329
118
$3,275,000
$9,304
21
$3,250,000
$530
125
$3,140,000
$1,596
111
$3,095,000
$1,247
119
$2,525,000
$8,829
25
$2,475,000
$4,705
60
$2,280,000
$316
127
$2,270,000
$1,747
106
$2,225,000
$6,321
42
$2,080,000
$4,929
58
$1,985,000
$3,892
72
$1,925,000
$1,065
121
$1,915,000
$3,432
82
Page 70

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2009, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Thatcher USD
Littlefield ESD
Bicentennial UHSD
Nadaburg ESD
Superior USD
Morenci USD
St David USD
Arlington ESD
Continental ESD
Bullhead City ESD
Bisbee USD
Isaac ESD
Concho ESD
Colorado City USD
Pima USD
Palo Verde ESD
Mohawk Valley ESD
Mammoth-San Manuel USD
Quartzsite ESD
Gadsden ESD
Beaver Creek ESD
Douglas USD
Valley UHSD
Clifton USD
Stanfield ESD
Peach Springs USD
Wellton ESD
Union ESD
Salome ESD
San Carlos USD

COUNTY
Graham
Mohave
La Paz
Maricopa
Pinal
Greenlee
Cochise
Maricopa
Pima
Mohave
Cochise
Maricopa
Apache
Mohave
Graham
Maricopa
Yuma
Pinal
La Paz
Yuma
Yavapai
Cochise
Cochise
Greenlee
Pinal
Mohave
Yuma
Maricopa
La Paz
Gila

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$1,860,000
$1,455
115
$1,835,000
$3,449
81
$1,755,000
$15,811
5
$1,685,000
$2,160
102
$1,652,297
$3,553
80
$1,580,000
$1,434
116
$1,495,000
$3,208
85
$1,480,000
$5,759
49
$1,470,000
$3,639
76
$1,458,216
$413
126
$1,290,000
$1,629
110
$1,270,000
$169
130
$1,145,000
$5,995
46
$1,110,000
$3,208
86
$1,100,000
$1,551
112
$1,045,000
$2,430
99
$1,005,000
$6,054
44
$890,000
$791
123
$835,000
$3,139
87
$775,000
$171
129
$760,000
$2,129
103
$740,000
$189
128
$630,000
$4,286
67
$435,000
$3,425
83
$400,000
$585
124
$390,000
$2,349
100
$370,000
$1,019
122
$200,000
$119
131
$115,000
$1,150
120
$85,000
$72
132

Page 71

Page 72

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.

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

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.

FY09
$6.9
$0.7
$31.8
$0.2
$0.0
$0.0
$3.2
$559.6
$95.6
$18.1
$375.2
$228.8
$55.2
$69.6
$86.9

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

# 09
3
1
18
2
0
0
1
44
7
18
17
20
3
18
7

# 08
4
1
17
2
0
0
2
46
8
18
16
20
1
19
7

The total outstanding debt for the 159 special
districts reporting debt as of June 30, 2009
was $1,531.8 million. (Do not try to compare
this number with the $1,479.9 million reported
last year. Some districts that reported last
year did not report this year and vice versa.)
The remaining 394 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.

Special district debt has been reported in
thirteen of the fifteen counties. Of the 569
known special districts, reports have been
received on the presence or absence of
bonded indebtedness for 553 special districts.
The following table shows the outstanding
debt at the end of FY 2008/09 and the
outstanding debt at the end of FY 2007/08 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.

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2009. However,
the year-end balances should reflect any July
1, 2009 payments if the amount has been
deposited into a dedicated fund for the
payment of the principal.

Page 73

Page 74

TABLE 21
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Alpine Fire District
Totals for Alpine Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$7,190,000
$7,190,000

$300,000
$300,000

$390,000
$390,000

$6,500,000
$6,500,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$690,000
$690,000

$280,000
$280,000

$60,000
$60,000

$350,000
$350,000

1
1

$575,000
$575,000

$431,000
$431,000

$70,000
$70,000

$74,000
$74,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,167,000
$1,167,000

$992,000
$992,000

$175,000
$175,000

$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

Alpine Sanitary District
Totals for Alpine Sanitary District
Apache County Flood District
Totals for Apache County Flood District
Apache County Jail District
Totals for Apache County Jail District
Apache County Library District
General Obligation
Totals for Apache County Library District
Concho Fire District
Totals for Concho Fire District
Crosby Acres Special District
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
Nutrioso Volunteer Fire District
Totals for Nutrioso Volunteer Fire District
Ojo Bonito Estates Domestic WID
Totals for Ojo Bonito Estates Domestic WID
Puerco Valley Fire District
Totals for Puerco Valley Fire District

Page 75

TABLE 21
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Vernon Domestic Water Improvement
0
0

$0
$0

$0
$0

$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

2

$7,880,000

$580,000

$450,000

$6,850,000

Special Assessment

2

$1,742,000

$1,423,000

$245,000

$74,000

Grand Totals:

4

$9,622,000

$2,003,000

$695,000

$6,924,000

Totals for Vernon Domestic Water Improvement
Vernon Fire District
Totals for Vernon Fire District
White Mountain Health Care District
Totals for White Mountain Health Care District

Page 76

TABLE 22
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Babocomari Fire District
Totals for Babocomari Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$2,735,000
$2,735,000

$325,000
$325,000

$710,000
$710,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Bowie Fire District
Totals for Bowie Fire District
Bowie Light District
Totals for Bowie Light District
Carmel Light District
Totals for Carmel Light District
Cochise County Flood Control
Totals for Cochise County Flood Control
Cochise County Library District
Totals for Cochise County Library District
Elfrida Fire District
Totals for Elfrida Fire District
Fry Fire District
Totals for Fry Fire District
Golden Acres Light District
Totals for Golden Acres Light District
Mescal J-6 Fire District
Totals for Mescal J-6 Fire District
Naco Fire District
Totals for Naco Fire District
Naco Light District
Totals for Naco Light District
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

Page 77

TABLE 22
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

PBW Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

1

$3,770,000

$2,735,000

$325,000

$710,000

Grand Totals:

1

$3,770,000

$2,735,000

$325,000

$710,000

Totals for PBW Fire District
Pirtleville Light District
Totals for Pirtleville Light District
Pomerene Domestic WID
Totals for Pomerene Domestic WID
Pomerene Fire District
Totals for Pomerene Fire District
San Jose Fire District
Totals for San Jose Fire District
San Pedro Valley Hospital District
Totals for San Pedro Valley Hospital District
St. David Fire District
Totals for St. David Fire District
St. David Flood Control District
Totals for St. David Flood Control District
St. David Irrigation District
Totals for St. David Irrigation District
Sunnyside Fire District
Totals for Sunnyside Fire District
Sunsites Light District
Totals for Sunsites Light District
Sunsites-Pearce Fire District
Totals for Sunsites-Pearce Fire District
Whetstone Fire District
Totals for Whetstone Fire District

Page 78

TABLE 23
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

$161,631
$161,631

$29,571
$29,571

$40,012
$40,012

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$24,760,000
$24,760,000

$16,420,000
$16,420,000

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

$6,145,000
$6,145,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$19,795,000
$19,795,000

$538,000
$538,000

$88,000
$88,000

$19,169,000
$19,169,000

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

$357,000
$357,000

$0
$0

$0
$0

$357,000
$357,000

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

Buckboard Trail Improvement District
Special Assessment
Totals for Buckboard Trail Improvement District
Coconino County Flood Control
Totals for Coconino County Flood Control
Coconino County Jail District
Revenue
Totals for Coconino County Jail District
Coconino County Library District
Totals for Coconino County Library District
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
Fort Valley Fire District
Totals for Fort Valley Fire District
Hashknife Road Improvement District
Special Assessment
Totals for Hashknife Road Improvement District
Highlands Fire District
Totals for Highlands Fire District
Junipine Fire District
Totals for Junipine Fire District
Kachina Trail Improvement District
Totals for Kachina Trail Improvement District
Kachina Village Improvement District
Totals for Kachina Village Improvement District

Page 79

TABLE 23
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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
1

$287,581
$287,581

$174,212
$174,212

$25,627
$25,627

$87,742
$87,742

1
1

$63,800
$63,800

$59,500
$59,500

$4,300
$4,300

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$243,105
$243,105

$137,581
$137,581

$17,520
$17,520

$88,004
$88,004

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$438,000
$438,000

$0
$0

$22,000
$22,000

$416,000
$416,000

1
1

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

$740,000
$740,000

$50,000
$50,000

$360,000
$360,000

1
1

$167,600
$167,600

$115,800
$115,800

$14,700
$14,700

$37,100
$37,100

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$212,597
$212,597

$143,508
$143,508

$0
$0

$69,089
$69,089

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$5,750,000
$5,750,000

$3,587,400
$3,587,400

$555,000
$555,000

$1,607,600
$1,607,600

1
1

$174,674
$174,674

$108,417
$108,417

$15,145
$15,145

$51,112
$51,112

Kaibab Estates West Fire District
Totals for Kaibab Estates West Fire District
Kiowa-Comanche Road Improvement
Special Assessment
Totals for Kiowa-Comanche Road Improvement
Linda Lane Road Improvement
Special Assessment
Totals for Linda Lane Road Improvement
Lockett Ranch Fire District
Totals for Lockett Ranch Fire District
Lupine Road Improvement District
Special Assessment
Totals for Lupine Road Improvement District
Mormon Lake Fire District
Totals for Mormon Lake Fire District
North Stardust/Antelope Improvement
Special Assessment
Totals for North Stardust/Antelope Improvement
Northside Sewer Improvement District
Special Assessment
Totals for Northside Sewer Improvement District
Oakwood Pines Road Improvement
Special Assessment
Totals for Oakwood Pines Road Improvement
Page Hospital District
Totals for Page Hospital District
Pawnee Road Improvement District
Special Assessment
Totals for Pawnee Road Improvement District
Pinewood Fire District
Totals for Pinewood Fire District
Pinewood Sanitary District
Special Assessment
Totals for Pinewood Sanitary District
Pinon Road Improvement District
Special Assessment
Totals for Pinon Road Improvement District

Page 80

TABLE 23
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Ponderosa Fire District
Totals for Ponderosa Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$382,917
$382,917

$191,529
$191,529

$35,086
$35,086

$156,302
$156,302

1
1

$39,500
$39,500

$37,437
$37,437

$1,446
$1,446

$617
$617

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$59,050
$59,050

$33,783
$33,783

$5,191
$5,191

$20,076
$20,076

1
1

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

$2,524,183
$2,524,183

$256,408
$256,408

$1,719,409
$1,719,409

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$2,590,000
$2,590,000

$900,000
$900,000

$250,000
$250,000

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

1
1

$73,911
$73,911

$33,854
$33,854

$11,698
$11,698

$28,359
$28,359

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Rio-Arroyo Road Improvement
Special Assessment
Totals for Rio-Arroyo Road Improvement
Rodeo Drive Road Improvement
Special Assessment
Totals for Rodeo Drive Road Improvement
Rudd Tank Road Improvement
Totals for Rudd Tank Road Improvement
Sherwood Forest Estates Fire District
Totals for Sherwood Forest Estates Fire District
Shoshone Road Improvement District
Special Assessment
Totals for Shoshone Road Improvement District
South Grand Canyon Sanitary District
Special Assessment
Totals for South Grand Canyon Sanitary District
Summit Fire District
Totals for Summit Fire District
Toho Tolani Road Improvement
Special Assessment
Totals for Toho Tolani Road Improvement
Tonawanda Road Improvement
Special Assessment
Totals for Tonawanda Road Improvement
Tusayan Fire District
Totals for Tusayan Fire District
Westwood Estates Fire District
Totals for Westwood Estates Fire District
Williams Facilities District
Totals for Williams Facilities District
Williams Hospital District
Totals for Williams Hospital District
Woods Fire District
Totals for Woods Fire District

Page 81

TABLE 23
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

Revenue

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

2

$24,760,000

$16,420,000

$2,195,000

$6,145,000

Special Assessment

19

$36,515,949

$9,486,835

$1,381,692

$25,647,422

Grand Totals:

21

$61,275,949

$25,906,835

$3,576,692

$31,792,422

Page 82

TABLE 24
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Valley Fire District
Totals for Beaver Valley Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$200,000
$200,000

$8,000
$8,000

$2,000
$2,000

$190,000
$190,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
Christopher-Kohl's Fire District
Totals for Christopher-Kohl's Fire District
East Verde Park Fire District
Totals for East Verde Park Fire District
Gila County Library District
Totals for Gila County Library District
Gisela Valley Fire District
Totals for Gisela Valley Fire District
Hellsgate Fire District
Totals for Hellsgate Fire District
Houston Mesa Fire District
Totals for Houston Mesa Fire District
Mesa del Sanitary District
Totals for Mesa del Sanitary District
Northern Gila County Sanitary District
Totals for Northern Gila County Sanitary District
Payson North Sanitary District
Totals for Payson North Sanitary District
Pinal Sanitary District
Totals for Pinal Sanitary District
Pine-Strawberry Fire District
Totals for Pine-Strawberry Fire District
Pleasant Valley Fire District
Totals for Pleasant Valley Fire District

Page 83

TABLE 24
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Rim Trail #1 Water District
1
1

$183,300
$183,300

$176,186
$176,186

$0
$0

$7,114
$7,114

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

1

$200,000

$8,000

$2,000

$190,000

Special Assessment

1

$183,300

$176,186

$0

$7,114

Grand Totals:

2

$383,300

$184,186

$2,000

$197,114

Special Assessment
Totals for Rim Trail #1 Water District
Rim Trail #2 Water District
Totals for Rim Trail #2 Water District
Round Valley / Oxbow Fire District
Totals for Round Valley / Oxbow Fire District
Tonto Basin Fire District
Totals for Tonto Basin Fire District
Tri-City Fire District
Totals for Tri-City Fire District
Whispering Pines Fire District
Totals for Whispering Pines Fire District

Page 84

TABLE 25
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN GRAHAM COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
Graham County Flood Control District
Totals for Graham County Flood Control District
Mt. Graham Hospital District
Totals for Mt. Graham Hospital District
Pima Rural Fire District
Totals for Pima Rural Fire District
Safford Rural Fire District
Totals for Safford Rural Fire District

Page 85

TABLE 26
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN GREENLEE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

Page 86

TABLE 27
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN LA PAZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Bouse Volunteer Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

4
4

$6,016,282
$6,016,282

$1,298,395
$1,298,395

$1,490,986
$1,490,986

$3,226,901
$3,226,901

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,330,000
$1,330,000

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

$145,000
$145,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Certificate of Participation

1

$1,330,000

$1,185,000

$145,000

$0

Special Assessment

4

$6,016,282

$1,298,395

$1,490,986

$3,226,901

Grand Totals:

5

$7,346,282

$2,483,395

$1,635,986

$3,226,901

Totals for Bouse Volunteer Fire District
Buckskin Fire District
Totals for Buckskin Fire District
Buckskin Sanitary District
Special Assessment
Totals for Buckskin Sanitary District
Cibola Valley Irrigation District
Totals for Cibola Valley Irrigation District
Ehrenberg Fire District
Totals for Ehrenberg Fire District
La Paz County Hospital District
Totals for La Paz County Hospital District
La Paz County Jail District
Certificate of Participation
Totals for La Paz County Jail District
McMullen Valley Fire District
Totals for McMullen Valley Fire District
McMullen Valley Water Conservation & Drainage
Totals for McMullen Valley Water Conservation
Parker Volunteer Fire District
Totals for Parker Volunteer Fire District
Quartzsite Fire District
Totals for Quartzsite Fire District
Wenden Domestic WID
Totals for Wenden Domestic WID

Page 87

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

#K100 Marquerite Drive
Special Assessment
Totals for #K100 Marquerite Drive

1
1

$60,670
$60,670

$52,105
$52,105

$5,353
$5,353

$3,212
$3,212

1
1

$60,059
$60,059

$33,242
$33,242

$2,351
$2,351

$24,466
$24,466

1
1

$145,969
$145,969

$0
$0

$0
$0

$145,969
$145,969

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

#K106 7th Street North
Special Assessment
Totals for #K106 7th Street North
#K109 Plymouth Street
Special Assessment
Totals for #K109 Plymouth Street
#K66 98th Street
Totals for #K66 98th Street
#K69 Pecos McQueen
Totals for #K69 Pecos McQueen
#K74 99th Street
Totals for #K74 99th Street
#K75 98th Way
Totals for #K75 98th Way
#K76 Vine
Totals for #K76 Vine
#K77 Inland
Totals for #K77 Inland
#K79 97th Place
Totals for #K79 97th Place
#K80 Del Witt
Totals for #K80 Del Witt
#K81 5th Avenue
Totals for #K81 5th Avenue
#K83 Boulder
Totals for #K83 Boulder
#K89 158th Street
Totals for #K89 158th Street
#K90 Grandview Manor
Totals for #K90 Grandview Manor

Page 88

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

#K91 Queen Creek Water
Special Assessment
Totals for #K91 Queen Creek Water

1
1

$301,960
$301,960

$275,013
$275,013

$7,003
$7,003

$19,944
$19,944

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$301,905
$301,905

$284,757
$284,757

$17,148
$17,148

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$165,000
$165,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$4,371,000
$4,371,000

$1,253,383
$1,253,383

$237,339
$237,339

$2,880,278
$2,880,278

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

#K92 Fairview Lane
Totals for #K92 Fairview Lane
#K93 East Fairview Lane
Totals for #K93 East Fairview Lane
#K94 White Fence
Totals for #K94 White Fence
#K95 104th Place / University
Totals for #K95 104th Place / University
#K96 Central Avenue
Special Assessment
Totals for #K96 Central Avenue
#K98 Billings Street
Totals for #K98 Billings Street
Adaman Irrigation Water Delivery
Totals for Adaman Irrigation Water Delivery
Agua Fria Ranch CFD
General Obligation
Totals for Agua Fria Ranch CFD
Aguila Fire District
Totals for Aguila Fire District
Aguila Irrigation District
Totals for Aguila Irrigation District
Arizona Utilities Community Facilities District
Revenue
Totals for Arizona Utilities Community Facilities District
AZ 9-5 Housing
Totals for AZ 9-5 Housing
AZ 9-6 Housing
Totals for AZ 9-6 Housing
AZ 9-7 Housing
Totals for AZ 9-7 Housing

Page 89

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

AZ 9-9 Housing
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$3,985,000
$3,985,000

$110,000
$110,000

$190,000
$190,000

$3,685,000
$3,685,000

2
2

$411,000
$411,000

$65,254
$65,254

$40,746
$40,746

$305,000
$305,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$2,655,000
$2,655,000

$85,000
$85,000

$55,000
$55,000

$2,515,000
$2,515,000

2
2

$3,085,000
$3,085,000

$185,000
$185,000

$75,000
$75,000

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

1
1

$32,276
$32,276

$29,048
$29,048

$3,228
$3,228

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

2

$15,250,000

$1,875,000

$390,000

$12,985,000

Special Assessment

1
3

$4,750,000
$20,000,000

$660,000
$2,535,000

$185,000
$575,000

$3,905,000
$16,890,000

1
1

$4,555,000
$4,555,000

$485,000
$485,000

$210,000
$210,000

$3,860,000
$3,860,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for AZ 9-9 Housing
Berridge Manor IWDD #38
Totals for Berridge Manor IWDD #38
Buckeye Valley Fire District
Totals for Buckeye Valley Fire District
Buckeye Water Conservation & Drainage
Totals for Buckeye Water Conservation & Drainage
Centerra Community Facilities District
General Obligation
Totals for Centerra Community Facilities District
Chandler Heights Citris Irrigation District
General Obligation
Totals for Chandler Heights Citris Irrigation District
Circle City/Morristown Fire District
Totals for Circle City/Morristown Fire District
Citrus Gardens Irrigation WDD
Totals for Citrus Gardens Irrigation WDD
Cortina Community Facilities District
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 District
East Morningside Irrigation WDD
Totals for East Morningside Irrigation WDD

Page 90

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Electrical District #5
Totals for Electrical District #5

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2

$17,755,000

$230,000

$100,000

$17,425,000

4
6

$27,646,000
$45,401,000

$3,125,000
$3,355,000

$1,103,000
$1,203,000

$23,418,000
$40,843,000

1

$1,535,000

$50,000

$0

$1,485,000

4
5

$5,900,000
$7,435,000

$99,000
$149,000

$662,000
$662,000

$5,139,000
$6,624,000

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

5
1
6

$13,900,000
$6,670,000
$20,570,000

$820,000
$4,451,000
$5,271,000

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

$12,810,000
$1,219,000
$14,029,000

6
6

$54,580,000
$54,580,000

$1,445,000
$1,445,000

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

$51,875,000
$51,875,000

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

Electrical District #7
Totals for Electrical District #7
Electrical District #8
Totals for Electrical District #8
Estrella Mountain Ranch CFD
General Obligation
Special Assessment
Totals for Estrella Mountain Ranch CFD
Festival Ranch Community Facilities District
General Obligation
Special Assessment
Totals for Festival Ranch Community Facilities District
Fountain Hills Road District
Totals for Fountain Hills Road District
Fountain Hills Sanitary District
Totals for Fountain Hills Sanitary District
Goldfield Ranch Fire District
Totals for Goldfield Ranch Fire 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
Harquahala Valley Fire District
Totals for Harquahala Valley Fire District
Harquahala Valley Irrigation District
Totals for Harquahala Valley Irrigation District
Harquahala Valley Power District
Totals for Harquahala Valley Power District

Page 91

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Hospital District
7
7

$63,595,000
$63,595,000

$23,435,000
$23,435,000

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

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$58,225,000
$58,225,000

$10,995,000
$10,995,000

$6,065,000
$6,065,000

$41,165,000
$41,165,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

2

$7,345,000

$0

$145,000

$7,200,000

Special Assessment

1
3

$1,365,000
$8,710,000

$40,000
$40,000

$30,000
$175,000

$1,295,000
$8,495,000

1
1

$20,245,000
$20,245,000

$5,450,000
$5,450,000

$730,000
$730,000

$14,065,000
$14,065,000

1
1

$47,165,000
$47,165,000

$0
$0

$0
$0

$47,165,000
$47,165,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$4,435,000
$4,435,000

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

$0
$0

$2,790,000
$2,790,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Totals for Hospital District
King Ranch CFD
Totals for King Ranch CFD
Lamar Irrigation Water Delivery
Totals for Lamar Irrigation Water Delivery
Laveen Fire District
Totals for Laveen Fire District
Maricopa County Library District
Totals for Maricopa County Library District
Maricopa County Stadium District
Revenue
Totals for Maricopa County Stadium District
Maricopa County Street Lighting Improvement Dist
Totals for Maricopa County Street Lighting Improvement
Maricopa Water District
Totals for Maricopa Water District
Marley Park CFD

Totals for Marley Park CFD
McDowell Mountain Ranch CFD
General Obligation
Totals for McDowell Mountain Ranch CFD
McDowell Road Commercial Corridor ID
Special Assessment
Totals for McDowell Road Commercial Corridor ID
McMicken Irrigation District
Totals for McMicken Irrigation District
Miller Road Improvement District
Special Assessment
Totals for Miller Road Improvement District
Myrtle Park Irrigation Water Delivery
Totals for Myrtle Park Irrigation Water Delivery
Ocotillo Water Conservation District
Totals for Ocotillo Water Conservation District

Page 92

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Palm Valley Community Facilities District
General Obligation
Totals for Palm Valley Community Facilities District

2
2

$8,540,000
$8,540,000

$125,000
$125,000

$220,000
$220,000

$8,195,000
$8,195,000

1
1

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

$0
$0

$260,000
$260,000

$4,690,000
$4,690,000

1
1

$5,015,000
$5,015,000

$3,040,000
$3,040,000

$500,000
$500,000

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

1
1

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

$3,295,000
$3,295,000

$375,000
$375,000

$1,940,000
$1,940,000

1
1

$2,575,000
$2,575,000

$2,370,000
$2,370,000

$205,000
$205,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$2,270,000
$2,270,000

$1,427,573
$1,427,573

$264,615
$264,615

$577,812
$577,812

1
1

$2,285,000
$2,285,000

$1,600,000
$1,600,000

$255,000
$255,000

$430,000
$430,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$2,745,000
$2,745,000

$345,000
$345,000

$710,000
$710,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$25,015,000
$25,015,000

$13,870,000
$13,870,000

$3,335,000
$3,335,000

$7,810,000
$7,810,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Peoria Improvement District #0601
Special Assessment
Totals for Peoria Improvement District #0601
Peoria Improvement District #8801
Special Assessment
Totals for Peoria Improvement District #8801
Peoria Improvement District #8802
Special Assessment
Totals for Peoria Improvement District #8802
Peoria Improvement District #9002
Special Assessment
Totals for Peoria Improvement District #9002
Peoria Improvement District #9102
Totals for Peoria Improvement District #9102
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
Peoria Improvement District #9603
Special Assessment
Totals for Peoria Improvement District #9603
Peoria Improvement District #9801
Totals for Peoria Improvement District #9801
Peoria Municipal Development Authority
Municipal Property Corp
Totals for Peoria Municipal Development Authority
Phoenix Mesa Gateway Airport Authority
Totals for Phoenix Mesa Gateway Airport Authority
Rancho-Grande & Landerwood IWDD #24
Totals for Rancho-Grande & Landerwood IWDD #24

Page 93

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Ranchos Jardines Irrigation WDD
Totals for Ranchos Jardines Irrigation WDD

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$5,375,000
$5,375,000

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

$335,000
$335,000

$3,350,000
$3,350,000

1
1

$3,805,000
$3,805,000

$0
$0

$25,000
$25,000

$3,780,000
$3,780,000

1
1

$7,370,000
$7,370,000

$0
$0

$405,000
$405,000

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

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

Rio Verde Fire District
Totals for Rio Verde Fire District
Roosevelt Irrigation District
Totals for Roosevelt Irrigation District
Roosevelt Water Conservation
Totals for Roosevelt Water Conservation
San Tan Irrigitation District
Totals for San Tan Irrigitation District
Scottsdale Mountain CFD
General Obligation
Totals for Scottsdale Mountain CFD
Scottsdale Waterfront Commercial CFD
General Obligation
Totals for Scottsdale Waterfront Commercial CFD
Spectrum Improvement District
Special Assessment
Totals for Spectrum Improvement District
Sun City Fire District
Totals for Sun City Fire District
Sun City West Fire District
Totals for Sun City West Fire District
Sun Lakes Fire District
Totals for Sun Lakes Fire District
Sunburst Farms Irrigation District
Totals for Sunburst Farms Irrigation District
Sundance CFD
General Obligation

2

$11,000,000

$620,000

$0

$10,380,000

Special Assessment

3
5

$20,525,000
$31,525,000

$2,100,000
$2,720,000

$6,462,000
$6,462,000

$11,963,000
$22,343,000

General Obligation

2
2

$8,860,000
$8,860,000

$373,000
$373,000

$0
$0

$8,487,000
$8,487,000

General Obligation

1
1

$7,705,000
$7,705,000

$3,580,000
$3,580,000

$430,000
$430,000

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

Totals for Sundance CFD
Tartesso West CFD
Totals for Tartesso West CFD
Tatum Ranch CFD
Totals for Tatum Ranch CFD

Page 94

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Tempe Improvement Districts
6
6

$55,945,000
$55,945,000

$17,635,000
$17,635,000

$2,215,000
$2,215,000

$36,095,000
$36,095,000

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

2

$37,000,000

$600,000

$0

$36,400,000

1
3

$18,600,000
$55,600,000

$415,000
$1,015,000

$0
$0

$18,185,000
$54,585,000

1
1

$3,225,000
$3,225,000

$525,000
$525,000

$120,000
$120,000

$2,580,000
$2,580,000

1
1

$6,600,000
$6,600,000

$915,000
$915,000

$170,000
$170,000

$5,515,000
$5,515,000

Special Assessment

3
3

$67,560,000
$67,560,000

$2,950,000
$2,950,000

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

$63,060,000
$63,060,000

Special Assessment

1
1

$49,000,000
$49,000,000

$2,165,000
$2,165,000

$41,000
$41,000

$46,794,000
$46,794,000

General Obligation
Special Assessment

2

$6,900,000

$200,000

$0

$6,700,000

2
4

$4,490,000
$11,390,000

$45,000
$245,000

$450,000
$450,000

$3,995,000
$10,695,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
Tonopah Valley Fire District
Totals for Tonopah Valley Fire District
Tres Palmas Irrigation Water Delivery District
Totals for Tres Palmas Irrigation Water Delivery District
Turney Tract Irrigation Water Delivery District
Totals for Turney Tract Irrigation Water Delivery District
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 District
Village at Litchfield Park CFD
General Obligation
Totals for Village at Litchfield Park CFD
Vistancia CFD
Totals for Vistancia CFD
Watson Road CFD
Totals for Watson Road CFD
West Park CFD

Totals for West Park CFD
Western Meadows Irrigation District
Totals for Western Meadows Irrigation District
Whitcombs Roundup Ranches IWDD #42
Totals for Whitcombs Roundup Ranches IWDD #42

Page 95

TABLE 28
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

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

$275,000
$275,000

$45,000
$45,000

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

2
2

$1,490,000
$1,490,000

$190,000
$190,000

$40,000
$40,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
Wittmann Volunteer Fire District
Totals for Wittmann Volunteer Fire District
Woolsey Flood Protection District
Totals for Woolsey Flood Protection District
General Obligation

55

$309,691,000

$42,843,254

$44,965,746

$221,882,000

Municipal Property Corp

1

$25,015,000

$13,870,000

$3,335,000

$7,810,000

Revenue

2

$62,596,000

$12,248,383

$6,302,339

$44,045,278

44

$353,383,839

$50,966,738

$16,552,698

$285,864,403

102

$750,685,839

$119,928,375

$71,155,783

$559,601,681

Special Assessment
Grand Totals:

Page 96

TABLE 29
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Dam/Littlefield Fire District
Totals for Beaver Dam/Littlefield Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$62,846,424
$62,846,424

$15,835,703
$15,835,703

$3,170,296
$3,170,296

$43,840,425
$43,840,425

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
Bullhead City Sewer Improvement
Special Assessment
Totals for Bullhead City Sewer Improvement
Butler Road Improvement I & II
Totals for Butler Road Improvement I & II
Cerbat Ranch Street Improvement
Totals for Cerbat Ranch Street Improvement
Colorado City Fire District
Totals for Colorado City Fire District
Crystal Beach Water Conservation
Totals for Crystal Beach Water Conservation
Desert Hills Fire District
Totals for Desert Hills Fire District
Fort Mojave Mesa Fire District
Totals for Fort Mojave Mesa Fire District
Golden Shores Fire District
Totals for Golden Shores Fire District
Golden Shores Water Conservation
Totals for Golden Shores Water Conservation
Golden Valley Fire District
Totals for Golden Valley Fire District
Golden Valley Improvement District
Totals for Golden Valley Improvement District
Grapevine Mesa Fire District
Totals for Grapevine Mesa Fire District

Page 97

TABLE 29
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Havasu Heights Domestic WID
Totals for Havasu Heights Domestic WID

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$647,000
$647,000

$517,000
$517,000

$130,000
$130,000

$0
$0

1
1

$11,820,000
$11,820,000

$4,610,000
$4,610,000

$885,000
$885,000

$6,325,000
$6,325,000

1
1

$891,000
$891,000

$466,000
$466,000

$240,000
$240,000

$185,000
$185,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$6,120,000
$6,120,000

$5,975,000
$5,975,000

$10,000
$10,000

$135,000
$135,000

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

$331,164
$331,164

$240,164
$240,164

$0
$0

$91,000
$91,000

1
1

$46,000,000
$46,000,000

$0
$0

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

$42,795,000
$42,795,000

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

Holiday Lighting District
Totals for Holiday Lighting District
Horizon Six Improvement District
Special Assessment
Totals for Horizon Six Improvement District
Hospital District #1 of Mohave County
General Obligation
Totals for Hospital District #1 of Mohave County
Lake Havasu City Improvement
Special Assessment
Totals for Lake Havasu City Improvement
Lake Havasu City Sanitary District
Totals for Lake Havasu City Sanitary District
Lake Havasu Irrigation & Drainage
Special Assessment
Totals for Lake Havasu Irrigation & Drainage
Lake Mohave Ranchos Fire District
Totals for Lake Mohave Ranchos Fire District
Moccasin Domestic Water District
Totals for Moccasin Domestic Water District
Mohave County Flood Control District
Totals for Mohave County Flood Control District
Mohave County Improvement District 126
Special Assessment
Totals for Mohave County Improvement District 126
Mohave County Jail District
Revenue
Totals for Mohave County Jail District
Mohave County Library District
Totals for Mohave County Library District
Mohave County Television ID
Totals for Mohave County Television ID
Mohave Valley Fire District
Totals for Mohave Valley Fire District

Page 98

TABLE 29
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Mohave Valley Irrigation and Drainage
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

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

$2,250,000
$2,250,000

$0
$0

$2,250,000
$2,250,000

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

$4,610,000

$885,000

$6,325,000

Revenue

1

$46,000,000

$0

$3,205,000

$42,795,000

Special Assessment

9

$75,335,588

$25,283,867

$3,550,296

$46,501,425

11

$133,155,588

$29,893,867

$7,640,296

$95,621,425

Totals for Mohave Valley Irrigation and Drainage
Mohave Water Conservation District
Totals for Mohave Water Conservation District
Northern Arizona Consolidated Fire District
Totals for Northern Arizona Consolidated Fire District
Pine Lake Fire District
Totals for Pine Lake Fire District
Pinion Pine Fire District
Totals for Pinion Pine Fire District
Rainbow Acres Street Improvement
Totals for Rainbow Acres Street Improvement
Rancho Verde Improvement
Totals for Rancho Verde Improvement
Scenic Improvement District
Special Assessment
Totals for Scenic Improvement District
So-Hi Water Improvement District
Totals for So-Hi Water Improvement District
Topock/Golden Shores Sanitary District
Totals for Topock/Golden Shores Sanitary District

Grand Totals:

Page 99

TABLE 30
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Beaver Dam Circle Improvement
Special Assessment
Totals for Beaver Dam Circle Improvement

1
1

$12,104
$12,104

$8,473
$8,473

$908
$908

$2,723
$2,723

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$524,000
$524,000

$0
$0

$0
$0

$524,000
$524,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$220,938
$220,938

$172,992
$172,992

$15,982
$15,982

$31,964
$31,964

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$97,283
$97,283

$92,561
$92,561

$4,722
$4,722

$0
$0

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
Bucking Horse Improvement District
Special Assessment
Totals for Bucking Horse Improvement District
Chaparral Drive Improvement District
Totals for Chaparral Drive Improvement District
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
Forest Trails III
Totals for Forest Trails III
Heber Domestic Water Improvement District
Totals for Heber Domestic Water Improvement D
Heber-Overgaard Fire District
Totals for Heber-Overgaard Fire District
Heber-Overgaard Sanitary District
Totals for Heber-Overgaard Sanitary District
Hiawatha Trail Improvement District
Special Assessment
Totals for Hiawatha Trail Improvement District
High Country Pines
Totals for High Country Pines

Page 100

TABLE 30
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Homestead Road
Totals for Homestead Road

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$43,313
$43,313

$17,325
$17,325

$0
$0

$25,988
$25,988

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Joseph City Domestic WID
Totals for Joseph City Domestic WID
Joseph City Fire District
Totals for Joseph City Fire District
Joseph City Sanitary District
Totals for Joseph City Sanitary District
Lakeside Fire District
Totals for Lakeside Fire District
Linden Fire District
Totals for Linden Fire District
Little Colorado Flood Control District
Totals for Little Colorado Flood Control District
Madison Lane Circle
Special Assessment
Totals for Madison Lane Circle
McLaws Road Fire District
Totals for McLaws Road Fire District
Misty Mountain Domestic WID
Totals for Misty Mountain Domestic WID
Mogollon Air Park
Totals for Mogollon Air Park
Moon Creek Circle
Totals for Moon Creek Circle
Mountain Homes Unit II
Totals for Mountain Homes Unit II
Mule Deer Way
Totals for Mule Deer Way
Navajo County Flood Control District
Totals for Navajo County Flood Control District

Page 101

TABLE 30
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Navajo County Library District
Totals for Navajo County Library District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$2,695,000
$2,695,000

$630,000
$630,000

$2,090,000
$2,090,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$82,628
$82,628

$76,254
$76,254

$6,374
$6,374

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$5,280,000
$5,280,000

$0
$0

$0
$0

$5,280,000
$5,280,000

4
4

$1,462,095
$1,462,095

$1,099,463
$1,099,463

$123,256
$123,256

$239,376
$239,376

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$186,007
$186,007

$52,886
$52,886

$3,050
$3,050

$130,071
$130,071

1
1

$184,124
$184,124

$62,483
$62,483

$13,515
$13,515

$108,126
$108,126

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$2,494,000
$2,494,000

$0
$0

$54,000
$54,000

$2,440,000
$2,440,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$2,824,110
$2,824,110

$370,000
$370,000

$2,435,890
$2,435,890

1
1

$4,945,000
$4,945,000

$2,544,650
$2,544,650

$270,000
$270,000

$2,130,350
$2,130,350

Navapache Hospital District
General Obligation
Totals for Navapache Hospital District
Palomino Drive
Totals for Palomino Drive
Pine Meadows Country Club ID
Special Assessment
Totals for Pine Meadows Country Club ID
Pinedale Domestic WID
Totals for Pinedale Domestic WID
Pinetop Fire District
Certificate of Participation
Totals for Pinetop Fire District
Pinetop-Lakeside Sanitary District
Special Assessment
Totals for Pinetop-Lakeside Sanitary District
Porter Creek Domestic WID
Totals for Porter Creek Domestic WID
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
Shoreline Drive
Totals for Shoreline Drive
Show Low Bluff CFD
Special Assessment
Totals for Show Low Bluff CFD
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

Page 102

TABLE 30
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Show Low Improvement District #7
Special Assessment
Totals for Show Low Improvement District #7

1
1

$600,000
$600,000

$0
$0

$47,000
$47,000

$553,000
$553,000

1
1

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

$146,534
$146,534

$83,163
$83,163

$920,303
$920,303

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$245,750
$245,750

$74,568
$74,568

$21,398
$21,398

$149,784
$149,784

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$2,135,450
$2,135,450

$1,247,527
$1,247,527

$70,631
$70,631

$817,292
$817,292

1
1

$130,118
$130,118

$93,987
$93,987

$9,033
$9,033

$27,098
$27,098

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Shumway Road Improvement District
Special Assessment
Totals for Shumway Road Improvement District
Silver Creek County Road
Totals for Silver Creek County Road
Silver Creek Flood Control District
Totals for Silver Creek Flood Control District
Sky High Domestic WID
Totals for Sky High Domestic WID
Soaring Eagle
Totals for Soaring Eagle
Sun Valley Fire District
Totals for Sun Valley Fire District
Sutter Drive Improvement District
Special Assessment
Totals for Sutter Drive Improvement District
Sweeping Vista
Totals for Sweeping Vista
Timberlake Pines
Totals for Timberlake Pines
Timberland Acres Special Road
Totals for Timberland Acres Special Road
White Mountain Lake Road District #2
Totals for White Mountain Lake Road District #2
White Mountain Summer Home
Special Assessment
Totals for White Mountain Summer Home
Wild Cat Way Improvement
Special Assessment
Totals for Wild Cat Way Improvement
Wild Horse Road #1
Totals for Wild Horse Road #1

Page 103

TABLE 30
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Wonderland Acres Domestic WID
1
1

$180,952
$180,952

$0
$0

$0
$0

$180,952
$180,952

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Certificate of Participation

1

$5,280,000

$0

$0

$5,280,000

General Obligation

1

$5,415,000

$2,695,000

$630,000

$2,090,000

Special Assessment

22

$20,323,762

$8,513,813

$1,093,032

$10,716,917

Grand Totals:

24

$31,018,762

$11,208,813

$1,723,032

$18,086,917

Special Assessment
Totals for Wonderland Acres Domestic WID
Woodruff Fire District
Totals for Woodruff Fire District
Woodruff Irrigation District
Totals for Woodruff Irrigation District

Page 104

TABLE 31
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Ajo-Lukeville Health Services District
Totals for Ajo-Lukeville Health Services District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$600,000
$600,000

$147,000
$147,000

$45,000
$45,000

$408,000
$408,000

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

$11,905,000
$11,905,000

$5,950,000
$5,950,000

$260,000
$260,000

$5,695,000
$5,695,000

4
4

$6,480,000
$6,480,000

$1,130,000
$1,130,000

$925,000
$925,000

$4,425,000
$4,425,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
3

$8,430,000
$8,430,000

$45,000
$45,000

$50,000
$50,000

$8,335,000
$8,335,000

2
2

$13,310,000
$13,310,000

$680,000
$680,000

$525,000
$525,000

$12,105,000
$12,105,000

1
1

$9,305,000
$9,305,000

$660,000
$660,000

$185,000
$185,000

$8,460,000
$8,460,000

1
1

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

$227,432
$227,432

$97,568
$97,568

$9,675,000
$9,675,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Avra Valley Fire District
General Obligation
Totals for Avra Valley Fire District
Cimarron Hills Improvement District
Totals for Cimarron Hills Improvement District
Cmo Ojo De Agua Improvement
Totals for Cmo Ojo De Agua Improvement
Corona De Tucson Fire District
Totals for Corona De Tucson Fire District
Cortaro-Marana Irrigation District
Totals for Cortaro-Marana Irrigation District
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 District
Golder Ranch Fire District
General Obligation
Totals for Golder Ranch Fire District
Green Valley Domestic Water Improvement District
Revenue
Totals for Green Valley Domestic Water Improvement Di
Green Valley Fire District
Certificate of Participation
Totals for Green Valley Fire District
Hayhook Ranch Improvement District
Totals for Hayhook Ranch Improvement District
Hidden Valley Fire District
Totals for Hidden Valley Fire District

Page 105

TABLE 31
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

La Cholla Improvement District
Totals for La Cholla Improvement District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

4
4

$80,840,000
$80,840,000

$16,205,000
$16,205,000

$3,386,157
$3,386,157

$61,248,843
$61,248,843

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$26,575,000
$26,575,000

$0
$0

$965,000
$965,000

$25,610,000
$25,610,000

1
1

$2,485,000
$2,485,000

$0
$0

$0
$0

$2,485,000
$2,485,000

1
1

$4,585,000
$4,585,000

$3,860,000
$3,860,000

$725,000
$725,000

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$0
$0

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

1
1

$6,730,000
$6,730,000

$5,100,000
$5,100,000

$5,000
$5,000

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

1
1

$5,065,000
$5,065,000

$0
$0

$195,000
$195,000

$4,870,000
$4,870,000

Marana Water Improvement District
Totals for Marana Water Improvement District
Metropolitan Domestic WID
Revenue
Totals for Metropolitan Domestic WID
Mount Lemmon Fire District
Totals for Mount Lemmon Fire District
Mountain Vista Fire District
Totals for Mountain Vista Fire District
North 1st Avenue Sewer
Totals for North 1st Avenue Sewer
Northwest Fire District
General Obligation
Totals for Northwest Fire District
Picture Rocks Fire District
General Obligation
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 District
Pima County Stadium District
Totals for Pima County Stadium District
Quail Creek CFD
General Obligation
Totals for Quail Creek CFD
Red Hawk Canyon CFD
Special Assessment
Totals for Red Hawk Canyon CFD
Rincon Valley Fire District
General Obligation
Totals for Rincon Valley Fire District

Page 106

TABLE 31
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Rio Nuevo Multipurpose Facilities
Certificate of Participation
Revenue
Totals for Rio Nuevo Multipurpose Facilities

1

$33,575,000

$20,445,000

$3,045,000

$10,085,000

2
3

$85,800,000
$119,375,000

$1,625,000
$22,070,000

$565,000
$3,610,000

$83,610,000
$93,695,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$25,774,000
$25,774,000

$0
$0

$951,000
$951,000

$24,823,000
$24,823,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$384,800
$384,800

$140,200
$140,200

$730,000
$730,000

7
7

$130,705,000
$130,705,000

$25,885,000
$25,885,000

$6,460,000
$6,460,000

$98,360,000
$98,360,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
Tangerine Farms Road Improvement District
Special Assessment
Totals for Tangerine Farms Road Improvement District
Tanque Verde Valley Fire District
Totals for Tanque Verde Valley Fire District
Three Points Fire District
General Obligation
Totals for Three Points Fire District
Tucson Airport Authority
Revenue
Totals for Tucson Airport Authority
Tucson Country Club Estates Fire District
Totals for Tucson Country Club Estates Fire District
Why Fire District
Totals for Why Fire District
Certificate of Participation

2

$43,575,000

$20,672,432

$3,142,568

$19,760,000

General Obligation

17

$81,445,000

$6,246,800

$3,570,200

$71,628,000

Revenue

14

$306,650,000

$44,375,000

$10,596,157

$251,678,843

3

$44,409,000

$11,050,000

$1,216,000

$32,143,000

36

$476,079,000

$82,344,232

$18,524,925

$375,209,843

Special Assessment
Grand Totals:

Page 107

TABLE 32
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Apache Junction Fire District
General Obligation
Totals for Apache Junction Fire District

1
1

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

$305,000
$305,000

$0
$0

$9,195,000
$9,195,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$35,000
$35,000

$45,000
$45,000

$1,245,000
$1,245,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$17,500,000
$17,500,000

$7,120,000
$7,120,000

$905,000
$905,000

$9,475,000
$9,475,000

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

Apache Villa IIIA Lighting District
Totals for Apache Villa IIIA Lighting District
Apache Villa III-IV-Clearview Lighting District
Totals for Apache Villa III-IV-Clearview Lighting
Apache Villa No. 2 Lighting District
Totals for Apache Villa No. 2 Lighting District
Apache Villa Unit 1 Lighting District
Totals for Apache Villa Unit 1 Lighting District
Apache Villa Unit 4 Lighting District
Totals for Apache Villa Unit 4 Lighting District
Apache Villa V Lighting District
Totals for Apache Villa V Lighting District
Arizona City Fire District
General Obligation
Totals for Arizona City Fire District
Arizona City Sanitary District
Totals for Arizona City Sanitary District
Arizona Grande Lighting District
Totals for Arizona Grande Lighting District
Arroyo Verde Lighting District
Totals for Arroyo Verde Lighting District
Central Arizona Irrigation District
Special Assessment
Totals for Central Arizona Irrigation District
Cimmarron Lighting District
Totals for Cimmarron Lighting District
Cortez Ranch Lighting District
Totals for Cortez Ranch Lighting District
Cottonwood Gardens Lighting District
Totals for Cottonwood Gardens Lighting District
Desert Vista Lighting District
Totals for Desert Vista Lighting District

Page 108

TABLE 32
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Desert Vista Sanitary District
Totals for Desert Vista Sanitary District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$20,915,000
$20,915,000

$0
$0

$0
$0

$20,915,000
$20,915,000

3
3

$115,590,000
$115,590,000

$0
$0

$0
$0

$115,590,000
$115,590,000

1
1

$17,470,000
$17,470,000

$0
$0

$0
$0

$17,470,000
$17,470,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Dudleyville Fire District
Totals for Dudleyville Fire District
Electrical District #2
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
Eloy Fire District
Totals for Eloy Fire District
Enchanted Acres #1 Lighting District
Totals for Enchanted Acres #1 Lighting District
Enchanted Acres #2 Lighting District
Totals for Enchanted Acres #2 Lighting District
Florence Flood Control District
Totals for Florence Flood Control District
Grande Buttes Fire District
Totals for Grande Buttes Fire District
Hohokam Irrigation & Drainage
Totals for Hohokam Irrigation & Drainage
Ironwood Cove I Lighting District
Totals for Ironwood Cove I Lighting District
Ironwood Cove II Lighting District
Totals for Ironwood Cove II Lighting District
Ironwood Estates Lighting District
Totals for Ironwood Estates Lighting District
Ironwood Manor Lighting District
Totals for Ironwood Manor Lighting District

Page 109

TABLE 32
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Magma Flood Control District
Totals for Magma Flood Control District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$313,900
$313,900

$42,800
$42,800

$5,000
$5,000

$266,100
$266,100

2
2

$4,620,000
$4,620,000

$535,000
$535,000

$0
$0

$4,085,000
$4,085,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
1

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

$0
$0

$89,899
$89,899

$1,410,101
$1,410,101

1

$4,390,000

$0

$0

$4,390,000

2
3

$2,658,000
$7,048,000

$83,000
$83,000

$187,000
$187,000

$2,388,000
$6,778,000

2
2

$2,806,000
$2,806,000

$103,000
$103,000

$5,000
$5,000

$2,698,000
$2,698,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$0
$0

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$1,337,325
$1,337,325

$29,133
$29,133

$13,568
$13,568

$1,294,624
$1,294,624

Mammoth Fire District
Totals for Mammoth Fire District
Maricopa Domestic WID
Special Assessment
Totals for Maricopa Domestic WID
Maricopa Fire District
General Obligation
Totals for Maricopa Fire District
Maricopa Flood Control District
Totals for Maricopa Flood Control 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
Revenue
Totals for Maricopa-Stanfield IDD
Merrill Ranch CFD #1
General Obligation
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
New Magma Irrigation & Drainage District
Totals for New Magma Irrigation & Drainage Dist
Oracle Fire District
Totals for Oracle Fire District
Oracle Sanitary District
Totals for Oracle Sanitary District
Papago Butte Domestic WID
Revenue
Totals for Papago Butte Domestic WID

Page 110

TABLE 32
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Papago Butte Irrigation WDD #4
Totals for Papago Butte Irrigation WDD #4

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$397,629
$397,629

$228,493
$228,493

$21,142
$21,142

$147,994
$147,994

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$251,000
$251,000

$10,019
$10,019

$0
$0

$240,981
$240,981

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Pinal County Flood Control District
Totals for Pinal County Flood Control District
Pinal County Library District
Totals for Pinal County Library District
Public Health Services District
Totals for Public Health Services District
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
Renaissance Park Lighting District
Totals for Renaissance Park Lighting District
Renaissance Point Unit 1 Lighting
Totals for Renaissance Point Unit 1 Lighting
Renaissance Point Unit 2 Lighting
Totals for Renaissance Point Unit 2 Lighting
San Carlos Irrigation District
Totals for San Carlos Irrigation District
San Manuel Fire District
Totals for San Manuel Fire District
Seven Ranches Domestic WID
Revenue
Totals for Seven Ranches Domestic WID
Skyline Domestic Water Improvement District
Totals for Skyline Domestic Water Improvement
Stanfield Flood Control District
Totals for Stanfield Flood Control District

Page 111

TABLE 32
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Sunrise Canyon Lighting District
Totals for Sunrise Canyon Lighting District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$29,870,866
$29,870,866

$63,866
$63,866

$67,000
$67,000

$29,740,000
$29,740,000

2
2

$527,300
$527,300

$116,233
$116,233

$19,070
$19,070

$391,997
$391,997

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$1,205,000
$1,205,000

$15,000
$15,000

$10,000
$10,000

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

1
1

$4,670,000
$4,670,000

$515,000
$515,000

$0
$0

$4,155,000
$4,155,000

8

$22,375,000

$890,000

$55,000

$21,430,000

17

$197,993,120

$1,148,744

$402,679

$196,441,697

3

$25,593,900

$13,777,800

$910,000

$10,906,100

28

$245,962,020

$15,816,544

$1,367,679

$228,777,797

Superstition Lighting District
Totals for Superstition Lighting District
Superstition Mountains CFD
Revenue
Totals for Superstition Mountains CFD
Thunderbird Farms Improvement
Revenue
Totals for Thunderbird Farms Improvement
Thunderbird Fire District
Totals for Thunderbird Fire District
Thunderbird Irrigation District #1
Totals for Thunderbird Irrigation District #1
Thunderbird Irrigation District #2
Totals for Thunderbird Irrigation District #2
Thunderbird Irrigation District #3
Totals for Thunderbird Irrigation District #3
Villa Grande Improvement District
Totals for Villa Grande Improvement District
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:

Page 112

TABLE 33
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN SANTA CRUZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Nogales Suburban Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$3,835,000
$3,835,000

$0
$0

$20,000
$20,000

$3,815,000
$3,815,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$44,590,000
$44,590,000

$0
$0

$0
$0

$44,590,000
$44,590,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$0
$0

$0
$0

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

General Obligation

2

$10,630,000

$0

$20,000

$10,610,000

Revenue

1

$44,590,000

$0

$0

$44,590,000

Grand Totals:

3

$55,220,000

$0

$20,000

$55,200,000

Totals for Nogales Suburban Fire District
Rio Rico Fire District
General Obligation
Totals for Rio Rico Fire District
Santa Cruz County Flood Control District
Totals for Santa Cruz County Flood Control Dist
Santa Cruz County Jail District
Revenue
Totals for Santa Cruz County Jail District
Sonoita-Elgin Fire District
Totals for Sonoita-Elgin Fire District
Tubac Fire District
General Obligation
Totals for Tubac Fire District

Page 113

TABLE 34
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$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

$861,000
$861,000

$0
$0

$0
$0

$861,000
$861,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$144,900
$144,900

$87,900
$87,900

$7,952
$7,952

$49,048
$49,048

2
2

$17,220,000
$17,220,000

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

$595,000
$595,000

$15,575,000
$15,575,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$5,325,000
$5,325,000

$0
$0

$200,000
$200,000

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

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

American Ranch Sanitary District
Totals for American Ranch Sanitary District
Ash Fork Fire District
Totals for Ash Fork Fire District
Ash Fork Street Lighting District
Totals for Ash Fork Street Lighting District
Big Park #1979
Totals for Big Park #1979
Big Park Domestic Wastewater ID
Totals for Big Park Domestic Wastewater ID
Black Canyon Fire District
General Obligation
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
Central Yavapai Hospital District
Totals for Central Yavapai Hospital District
Chino Valley Fire District
General Obligation
Totals for Chino Valley Fire District
Chino Valley Irrigation District
Totals for Chino Valley Irrigation District
Clarkdale Fire District
Totals for Clarkdale Fire District
Congress Domestic WID
Totals for Congress Domestic WID
Congress Fire District
Totals for Congress Fire District

Page 114

TABLE 34
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Coyote Springs Road Improvement
Special Assessment
Totals for Coyote Springs Road Improvement

1
1

$1,552,000
$1,552,000

$447,000
$447,000

$75,000
$75,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$540,000
$540,000

$415,000
$415,000

$1,545,000
$1,545,000

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

$3,095,000
$3,095,000

$325,000
$325,000

$3,895,000
$3,895,000

1
1

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

$595,000
$595,000

$45,000
$45,000

$600,000
$600,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$925,000
$925,000

$15,000
$15,000

$20,000
$20,000

$890,000
$890,000

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

Creekside Sanitary District
Totals for Creekside Sanitary District
Crown King Fire District
Totals for Crown King Fire District
Diamond Valley Road Improvement
Totals for Diamond Valley Road Improvement
Eastridge Community Facilities
General Obligation
Totals for Eastridge Community Facilities
Granite Gardens Sanitary District
Totals for Granite Gardens Sanitary District
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
Iron Springs Sanitary District
Totals for Iron Springs Sanitary District
Mayer Domestic Water Improvement District
Totals for Mayer Domestic Water Improvement
Mayer Fire District
Special Assessment
Totals for Mayer Fire District
Montezuma Rimrock Fire District
Totals for Montezuma Rimrock Fire District
Parkway Community Facilities District
General Obligation
Totals for Parkway Community Facilities District

Page 115

TABLE 34
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Peeples Valley Fire District
Totals for Peeples Valley Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$195,000
$195,000

$170,000
$170,000

$25,000
$25,000

$0
$0

1
1

$317,180
$317,180

$205,919
$205,919

$35,355
$35,355

$75,906
$75,906

2
2

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

$70,000
$70,000

$75,000
$75,000

$6,855,000
$6,855,000

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

$135,000
$135,000

$6,805,000
$6,805,000

1
1

$925,446
$925,446

$605,900
$605,900

$21,605
$21,605

$297,941
$297,941

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$3,025,000
$3,025,000

$0
$0

$55,000
$55,000

$2,970,000
$2,970,000

1
1

$14,800,000
$14,800,000

$0
$0

$420,000
$420,000

$14,380,000
$14,380,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Pine Valley Road Improvement
Totals for Pine Valley Road Improvement
Ponderosa Park Domestic WID
Special Assessment
Totals for Ponderosa Park Domestic WID
Prescott East Sanitary District
Special Assessment
Totals for Prescott East Sanitary District
Pronghorn Ranch CFD
General Obligation
Totals for Pronghorn Ranch CFD
Quail Canyon Domestic WID
Totals for Quail Canyon Domestic WID
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
Seligman Sanitary District
Totals for Seligman Sanitary District
Seligman Street Lighting District
Totals for Seligman Street Lighting District
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

Page 116

TABLE 34
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Verde Valley Fire District
0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$95,840
$95,840

$25,221
$25,221

$5,044
$5,044

$65,575
$65,575

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$15,260,000
$15,260,000

$8,505,000
$8,505,000

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

$5,165,000
$5,165,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

11

$58,996,446

$2,265,900

$1,861,605

$54,868,941

1

$15,260,000

$8,505,000

$1,590,000

$5,165,000

Special Assessment

10

$14,809,920

$4,641,040

$593,351

$9,575,529

Grand Totals:

22

$89,066,366

$15,411,940

$4,044,956

$69,609,470

Totals for Verde Valley Fire District
Water Improvement District P164
Special Assessment
Totals for Water Improvement District P164
Williamson Valley Fire District
Totals for Williamson Valley Fire District
Yarnell Fire District
Totals for Yarnell Fire District
Yarnell Street Lighting District
Totals for Yarnell Street Lighting District
Yavapai County Flood Control District
Totals for Yavapai County Flood Control District
Yavapai County Jail District
Revenue
Totals for Yavapai County Jail District
Yavapai County Library District
Totals for Yavapai County Library District
General Obligation
Revenue

Page 117

TABLE 35
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

$347,400
$347,400

$23,100
$23,100

$296,500
$296,500

1
1

$16,435,000
$16,435,000

$0
$0

$220,000
$220,000

$16,215,000
$16,215,000

2
2

$398,285
$398,285

$110,660
$110,660

$47,814
$47,814

$239,811
$239,811

1
1

$479,610
$479,610

$59,946
$59,946

$19,984
$19,984

$399,680
$399,680

0
0

$0
$0

$0
$0

$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

$7,280,000
$7,280,000

$2,130,000
$2,130,000

$1,575,000
$1,575,000

$3,575,000
$3,575,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Donovan Estates Improvement
Special Assessment
Totals for Donovan Estates Improvement
East San Luis Community Facilities District
Special Assessment
Totals for East San Luis Community Facilities District
El Prado Estates Improvement District
Special Assessment
Totals for El Prado Estates Improvement District
Gadsden Townsite Improvement
Special Assessment
Totals for Gadsden Townsite Improvement
Gila Valley Anti-Noxious Weed
Totals for Gila Valley Anti-Noxious Weed
Hillander "C" Irrigation District
Totals for Hillander "C" Irrigation District
Hyder Valley Irrigation Water Delivery
Totals for Hyder Valley Irrigation Water Delivery
Improvement District #67
Special Assessment
Totals for Improvement District #67
North Gila Irrigation District
Totals for North Gila Irrigation District
Unit "B" Irrigation District
Totals for Unit "B" Irrigation District
Wellton-Mohawk Anti-Noxious Weed
Totals for Wellton-Mohawk Anti-Noxious Weed
Wellton-Mohawk Irrigation & Drainage
Totals for Wellton-Mohawk Irrigation & Drainage
Yuma County Airport Authority
Totals for Yuma County Airport Authority
Yuma County Citrus Pest Control District
Totals for Yuma County Citrus Pest Control District
Yuma County Hospital District #1
Totals for Yuma County Hospital District #1

Page 118

TABLE 35
SPECIAL DISTRICT FY 2009 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Yuma County Improvement District
Totals for Yuma County Improvement District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1
2

$10,000,000
$19,400,000
$29,400,000

$0
$12,720,000
$12,720,000

$470,000
$0
$470,000

$9,530,000
$6,680,000
$16,210,000

2
2

$53,765,000
$53,765,000

$2,830,000
$2,830,000

$975,000
$975,000

$49,960,000
$49,960,000

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

Yuma County Jail District
Revenue
Special Assessment
Totals for Yuma County Jail District
Yuma County Library District
General Obligation
Totals for Yuma County Library District
Yuma County Pest Abatement District
Totals for Yuma County Pest Abatement District
Yuma Irrigation District
Totals for Yuma Irrigation District
Yuma Mesa Irrigation & Drainage District
Totals for Yuma Mesa Irrigation & Drainage District

General Obligation
Revenue
Special Assessment
Grand Total

2
1
7

$53,765,000
$10,000,000
$44,659,895

$2,830,000
$0
$15,368,006

$975,000
$470,000
$1,885,898

$49,960,000
$9,530,000
$27,405,991

10

$108,424,895

$18,198,006

$3,330,898

$86,895,991

Page 119

Page 120

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.

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.)

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.

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2009. However,
the year-end balances should reflect any July
1, 2009 payments if the payment amount has
been deposited into a dedicated fund for the
payment of principal.

The total outstanding debt for these agencies
at the end of FY 2008/09 was $11.0 billion
after $1.2 billion in principal was retired or

Page 121

Page 122

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

12
12

$176,395,787
$176,395,787

$10,442,557
$10,442,557

$40,312,826
$40,312,826

$125,640,404
$125,640,404

0
0

$0
$0

$0
$0

$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 Criminal Justice Commission
Totals for Arizona Criminal Justice Commission
Arizona Historical Society
Totals for Arizona Historical Society
Arizona House of Representatives
Totals for Arizona House of Representatives
Arizona Housing Finance Authority
Revenue
Totals for Arizona Housing Finance Authority
Arizona Lottery
Revenue
Totals for Arizona Lottery
Arizona Medical Board
Totals for Arizona Medical Board
Arizona State Senate
Totals for Arizona State Senate
Arizona State University
Certificate of Participation
Revenue
Totals for Arizona State University

9

$413,670,000

$111,155,000

$15,125,000

$287,390,000

13
22

$670,925,800
$1,084,595,800

$105,530,000
$216,685,000

$22,260,000
$37,385,000

$543,135,800
$830,525,800

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

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
Board of Behavioral Health Examiners
Totals for Board of Behavioral Health Examiners

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

Page 123

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Board of Chiropractic Examiners
Totals for Board of Chiropractic Examiners

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Board of Dispensing Opticians
Totals for Board of Dispensing Opticians
Board of Equalization
Totals for Board of Equalization
Board of Executive Clemency
Totals for Board of Executive Clemency
Board of Homeopathic and Integrated Medicine Exam
Totals for Board of Homeopathic and Integrated Me
Board of Massage Thearpy
Totals for Board of Massage Thearpy
Board of Naturopathic Physicians Examiners
Totals for Board of Naturopathic Physicians Exami
Board of Nursing
Totals for Board of Nursing
Board of Nursing Care Institution Administrators
Totals for Board of Nursing Care Institution Admini
Board of Occupational Therapy
Totals for Board of Occupational Therapy
Board of Optometry
Totals for Board of Optometry
Board of Pharmacy
Totals for Board of Pharmacy
Board of Physical Therapy
Totals for Board of Physical Therapy
Board of Podiatry Examiners
Totals for Board of Podiatry Examiners

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

Page 124

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Board of Psychologist Examiners
Totals for Board of Psychologist Examiners

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

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
Board of Respiratory Care Examiners
Totals for Board of Respiratory Care Examiners
Board of Tax Appeals
Totals for Board of Tax Appeals
Board of Technical Registration
Totals for Board of Technical Registration
Citizen's Clean Election Commission
Totals for Citizen's Clean Election Commission
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
Commission on Indian Affairs
Totals for Commission on Indian Affairs
Commission on Judicial Conduct
Totals for Commission on Judicial Conduct
Commission on the Arts
Totals for Commission on the Arts
Commission on Uniform State Laws
Totals for Commission on Uniform State Laws
Cosmetology Board
Totals for Cosmetology Board
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.

Page 125

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Department of Administration
Certificate of Participation
Totals for Department of Administration

6
6

$482,725,000
$482,725,000

$102,005,000
$102,005,000

$22,215,000
$22,215,000

$358,505,000
$358,505,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Department of Agriculture
Totals for Department of Agriculture
Department of Commerce
Totals for Department of Commerce
Department of Corrections
Totals for Department of Corrections
Department of Economic Security
Totals for Department of Economic Security
Department of Education
Totals for Department of Education
Department of Emergency & Military Affairs
Totals for Department of Emergency & Military Affai
Department of Environmental Quality
Totals for Department of Environmental Quality
Department of Financial Institutions
Totals for Department of Financial Institutions
Department of Fire, Building and Life Safety
Totals for Department of Fire, Building and Life Saf
Department of Gaming
Totals for Department of Gaming
Department of Health Services
Totals for Department of Health Services
Department of Homeland Security
Totals for Department of Homeland Security
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.

Page 126

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

22
22

$3,712,125,000
$3,712,125,000

$762,515,000
$762,515,000

$102,065,000
$102,065,000

$2,847,545,000
$2,847,545,000

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

$20,410,000
$20,410,000

$455,000
$455,000

$480,000
$480,000

$19,475,000
$19,475,000

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 Mines & Mineral Resources
Totals for Department of Mines & Mineral Resource
Department of Public Safety
Totals for Department of Public Safety
Department of Racing
Totals for Department of Racing
Department of Real Estate
Totals for Department of Real Estate
Department of Revenue
Totals for Department of Revenue
Department of Transportation
Revenue
Totals for Department of Transportation
Department of Veteran's Services
Totals for Department of Veteran's Services
Department of Water Resources
Totals for Department of Water Resources
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
Government Information Technology Agency
Totals for Government Information Technology Age

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

Page 127

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

$0
$0

$0
$0

CURRENT
OUTSTANDING
PRINCIPAL

Governor's Office of Equal Opportunity
Totals for Governor's Office of Equal Opportunity

0
0

$0
$0

$0
$0

Greater Arizona Development Authority
General Obligation
Revenue
Totals for Greater Arizona Development Authority

18

$90,920,000

$8,000,000

$4,425,000

$78,495,000

53
71

$425,595,000
$516,515,000

$20,918,500
$28,918,500

$11,761,500
$16,186,500

$392,915,000
$471,410,000

53
53

$5,106,368,000
$5,106,368,000

$653,095,000
$653,095,000

$860,971,000
$860,971,000

$3,592,302,000
$3,592,302,000

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

Health Facilities Authority
Revenue
Totals for Health Facilities Authority
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

$2,255,000

$2,325,000

$85,705,000

9
12

$276,265,000
$366,550,000

$82,425,000
$84,680,000

$6,570,000
$8,895,000

$187,270,000
$272,975,000

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

Office of Administrative Hearings
Totals for Office of Administrative Hearings
Office of Pest Management
Totals for Office of Pest Management
Office of the Attorney General
Totals for Office of the Attorney General
Office of the Auditor General
Totals for Office of the Auditor General
Office of the Governor
Totals for Office of the Governor

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

Page 128

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Ombudsman Citizens' Aide
Totals for Ombudsman Citizens' Aide

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

7

$1,766,385,000

$431,430,000

$43,590,000

$1,291,365,000

7
14

$1,591,890,000
$3,358,275,000

$818,645,383
$1,250,075,383

$68,563,461
$112,153,461

$704,681,156
$1,996,046,156

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Osteopathic Board
Totals for Osteopathic Board
Peace Officer Standards & Training
Totals for Peace Officer Standards & Training
Private Postsecondary Education Board
Totals for Private Postsecondary Education Board
Public Safety Personnel Retirement System
Totals for Public Safety Personnel Retirement Syst
Radiation Regulatory Agency
Totals for Radiation Regulatory Agency
Registrar of Contractors
Totals for Registrar of Contractors
Residential Utility Consumer Office
Totals for Residential Utility Consumer Office
School Facilities Board
Certificate of Participation
Revenue
Totals for School Facilities Board
School for the Deaf & Blind
Totals for School for the Deaf & Blind
Secretary of State's Office
Totals for Secretary of State's Office
State Board of Funeral Directors
Totals for State Board of Funeral Directors
State Dental Board
Totals for State Dental Board
State Library, Archives and Public Records
Totals for State Library, Archives and Public Recor

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

Page 129

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

State Mine Inspector
0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

27

$662,012,000

$159,645,000

$14,060,000

$488,307,000

11
38

$595,210,000
$1,257,222,000

$73,835,000
$233,480,000

$22,725,000
$36,785,000

$498,650,000
$986,957,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

7
7

$955,175,000
$955,175,000

$186,885,000
$186,885,000

$26,300,000
$26,300,000

$741,990,000
$741,990,000

Certificate of Participation

53

$3,435,487,000

$806,945,000

$97,795,000

$2,530,747,000

General Obligation

18

$90,920,000

$8,000,000

$4,425,000

$78,495,000

Revenue

188

$13,509,949,587

$2,714,291,440

$1,161,528,787

$9,634,129,360

Grand Totals:

259

$17,036,356,587

$3,529,236,440

$1,263,748,787

$12,243,371,360

Totals for State Mine Inspector
State Personnel Board
Totals for State Personnel Board
State Retirement System
Totals for State Retirement System
State Supreme Court
Totals for State Supreme Court
Treasurer's Office
Totals for Treasurer's Office
University of Arizona
Certificate of Participation
Revenue
Totals for University of Arizona
Veterinary Medical Examing Board
Totals for Veterinary Medical Examing Board
Water Infrastructure Finance Authority
Revenue
Totals for Water Infrastructure Finance Authority

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in city bond tables.

Page 130

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.

$193 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, 2009. However,
the year-end balances should reflect any July
1, 2009 payments if the payment amount has
been deposited into a dedicated fund for the
payment of principal.

Total outstanding debt for these organizations
at the end of FY 2008/09 was $4.7 billion after

Page 131

Page 132

TABLE 37
OTHER JURISDICTIONS' FY 2009 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/08

PAID IN FISCAL
YEAR 2009

CURRENT
OUTSTANDING
PRINCIPAL

Arizona Power Authority
Revenue
Totals for Arizona Power Authority

1
1

$57,520,000
$57,520,000

$8,505,000
$8,505,000

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

$45,565,000
$45,565,000

4
4

$397,400,000
$397,400,000

$91,990,000
$91,990,000

$1,135,000
$1,135,000

$304,275,000
$304,275,000

1
1

$106,535,000
$106,535,000

$65,300,000
$65,300,000

$13,340,000
$13,340,000

$27,895,000
$27,895,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

Arizona Sports and Tourism Authority
Revenue
Totals for Arizona Sports and Tourism Authority
Central AZ Water Conservation Dist
Revenue
Totals for Central AZ Water Conservation Dist
Navigable Stream Adjudication Commission
Totals for Navigable Stream Adjudication Commission
Pioneer's Home
Totals for Pioneer's Home
Salt River Project
Certificate of Participation
Revenue
Totals for Salt River Project

1

$282,680,000

$32,315,000

$17,780,000

$232,585,000

15
16

$6,014,788,500
$6,297,468,500

$2,195,700,500
$2,228,015,500

$152,948,000
$170,728,000

$3,666,140,000
$3,898,725,000

4
4

$308,550,000
$308,550,000

$21,660,000
$21,660,000

$4,145,000
$4,145,000

$282,745,000
$282,745,000

2
2

$100,075,000
$100,075,000

$0
$0

$0
$0

$100,075,000
$100,075,000

University Medical Center Corporation
Revenue
Totals for University Medical Center Corporation
Valley Metro - Regional Public Transport Authority
Revenue
Totals for Valley Metro - Regional Public Transport Auth

1

$282,680,000

$32,315,000

$17,780,000

$232,585,000

Revenue

Certificate of Participation

27

$6,984,868,500

$2,383,155,500

$175,018,000

$4,426,695,000

Grand Totals:

28

$7,267,548,500

$2,415,470,500

$192,798,000

$4,659,280,000

Page 133

Page 134

SECTION TWO

FY 2008/09 ISSUES

Page 135

Page 136

FY 2008/09 NEW ISSUES
Throughout FY 2008/09 $7.400 billion in
new debt was reported by Arizona political
subdivisions. Of the $7.400 billion in new
debt, $61.5 million was directly attributed to
refunding old debt.

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.

The following table lists new debt by county
as well as the portion recognized as
refunding.
COUNTY

NEW DEBT

REFUNDING

Apache

$5,593,357

$0

Cochise

$35,255,000

$0

Coconino

$47,002,000

$955,000

Gila

$13,845,000

$0

Graham

$0

$0

Greenlee

$0

$0

La Paz

$6,685,643

$0

$2,326,215,574

$43,045,000

Mohave

$124,923,565

$0

Navajo

$26,416,825

$0

Other

$906,055,000

$0

Pima

$404,448,157

$17,510,000

Pinal

$178,344,322

$0

$67,050,000

$0

$3,103,695,787

$0

$61,245,885

$0

Maricopa

Santa Cruz
State
Yavapai
Yuma

$32,178,687

$0

Total

$7,338,954,802

$61,510,000

During FY 2008/09 thirty one cities and
towns incurred $1,983.71 million in new
debt. The following is a breakdown of this
total:

$300.5 million in revenue bonds,
reported by fifteen cities and towns;



$631.9 million in general obligation
debt, reported by six cities and towns;



$19.2 million in the form of lease
purchases, reported by six cities
and towns;



$968.2 million in debt issued through
municipal
property
corporations,
reported by six cities and towns;



$1.6 million in a special assessment
bond, reported by one city;



$12.9 million in certificates of
participation, reported by three cities
and towns.

Projects for new debt issued by cities and
towns include: $724.3 million for wastewater
and sewer projects, $83.0 million for
streets/highways, $1,140.3 million for
municipal improvement projects, and $17.0
million for refunding.

COUNTIES
During the FY 2008/09, five counties
reported eleven new bond issues totaling
$161 million. The following is a breakdown
of this total:

Detail of the new debt issues reported by
cities and towns for this fiscal year can be
found in Table 39.

 $75.0 million in general obligation bonds
by one county;

 $47.0 million in revenue bonds by three
counties;

 $4.6 million in a lease purchase by three
counties;

 $34.4

million in a certificate
participation by one county.

of

New county debt for FY 2008/09 can be
found in Table 38.
NOTE: Copies of the Report of Bond and Security Issuance forms as provided by the jurisdictions can be
obtained upon request.
Page 137

Detail of all new debt issued by school districts
in FY 2008/09 can be found in Table 41.

COMMUNITY COLLEGES
Authorized as separate municipal jurisdictions
from the counties, community colleges have
the authority to levy property taxes, and,
therefore, can issue general obligation bonds.
Of the ten community college districts
statewide, three reported new debt during FY
2008/09.

SPECIAL DISTRICTS
Special districts are created within a county
and organized to complete a specified project.
Debt issued by these jurisdictions is not the
ultimate responsibility of the county. Special
district debt can take the form of general
obligation, revenue, and special assessment
bonds:

 $237.1 million in general obligation bonds
by two community colleges;

 $10.6 million in a revenue bond by one

During FY 2008/09, twenty three special
districts incurred $174.1 million in new debt.
The following is a breakdown of this total:

community college;

 $15.0 million in a lease purchase by one
community college.
Detail on new issues by Community Colleges
can be found in Table 40.

 $126.1 million in revenue bonds, issued
by three special districts;

 $23.8 million in general obligation bonds,

SCHOOL DISTRICTS

issued by six special districts;

As discussed in section one, school districts
incur, primarily, general obligation debt,
subject to the limitations established by the
constitution. During FY 2008/09, forty-five of
Arizona school districts reported new general
obligation debt in the amount of $802 million
(of this amount $34.4 million of this amount
was for refunding). An additional $4.1 million
was reported by six school districts in the form
of long term lease purchase agreements. One
district issued $2.9 million in the form of an
Impact Aid Revenue Bond

 $4.1 million in special assessment bonds,
issued by five special districts;

 $2.1 million in lease purchase debt, issued
by two special districts;

 $5.3 million in a certificate of participation
bond by one special district.
Detail of all new debt issued by special
districts for FY 2008/09 can be found in Table
42.

Eleven of the fifteen Arizona counties had
school districts that issued new debt.
Maricopa county schools accounted for
approximately 55% of all new general
obligation debt by issuing $442 million. Of this
amount, $26.1 million is to be used in a
refunding capacity. The remaining $415 million
is for improvement projects of various types.

STATE AGENCIES, UNIVERSITIES
AND OTHERS
Entities listed in this section issue, almost
exclusively, are revenue bonds. During FY
2008/09, one certificate of participation was
issued as well:

 $3.4 billion in revenue bonds, issued by

Arizona school districts that reported debt for
FY 2008/09 had, as of the date of their report,
outstanding debt in the amount of $5.0 billion.
New debt and new lease purchases, then,
account for 16.2% of total outstanding debt for
school districts.

eleven agencies, universities and others;

 $580 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
2008/09 can be found in Table 43.

Page 138

TABLE 38
COUNTY NEW ISSUES IN FY 2009
Name

Bond Type

# of Issues

La Paz

Lease Purchase

2

$1,600,000

Maricopa

Lease Purchase

2

$223,843

Pima

Certificates of Participation

1

$34,400,000

Pima

General Obligation

1

$75,000,000

Pima

Revenue

1

$18,940,000

Pinal

Lease Purchase

2

$2,745,947

Pinal

Revenue

1

$12,795,000

Santa Cruz

Revenue

1

$15,265,000

Grand Total:

Page 139

Amount

$160,969,790

TABLE 39
CITY NEW ISSUES IN FY 2009
Name

Bond Type

# of Issues

Avondale
Carefree

Revenue
Lease Purchase

1
1

$15,000,000
$500,000

Casa Grande

Revenue

2

$62,555,540

Chandler
Chandler

General Obligation
Revenue

1
1

$252,000,000
$34,040,000

Douglas

Lease Purchase

2

$9,595,000

Eagar
Eloy

Lease Purchase
Revenue

1
1

$400,000
$6,987,835

Flagstaff

Revenue

1

$8,500,000

Gilbert
Gilbert

General Obligation
Special Assessment

1
1

$187,990,000
$8,675,000

Glendale

Municipal Property Corporation

3

$199,750,000

Goodyear
Goodyear

General Obligation
Municipal Property Corporation

1
1

$5,580,000
$34,450,000

Goodyear
Kingman

Revenue
Revenue

1
1

$325,000
$3,868,565

Kingman

Special Assessment

1

$3,880,000

Lake Havasu City
Marana

Revenue
Municipal Property Corporation

1
1

$45,585,000
$39,790,000

Mesa

General Obligation

1

$61,830,000

Mesa
Paradise Valley

Revenue
Municipal Property Corporation

1
1

$59,900,000
$11,055,000

Patagonia

Municipal Property Corporation

1

$400,000

Peoria
Phoenix

General Obligation
Municipal Property Corporation

1
2

$68,440,000
$673,695,000

Prescott

Lease Purchase

3

$1,060,885

Queen Creek
Sahuarita

Revenue
Revenue

1
1

$2,045,000
$6,700,000

San Luis
Taylor

Revenue
Revenue

1
1

$13,750,000
$3,958,550

Tempe

General Obligation

1

$56,055,000

Tempe
Tolleson

Revenue
Municipal Property Corporation

1
1

$23,615,000
$9,100,000

Tucson

Certificates of Participation

1

$51,005,000

Tucson
Tucson

Lease Purchase
Revenue

1
3

$7,595,900
$13,630,000

Tucson

Special Assessment

3

$375,635

Winslow

Lease Purchase

1

$22,323

Grand Total:

Page 140

Amount

$1,983,705,233

TABLE 40
COMMUNITY COLLEGE NEW ISSUES IN FY 2009
Name

Bond Type

# of Issues

Cochise CC

Lease Purchase

1

$15,000,000

Cochise CC
Coconino CC

Revenue
General Obligation

1
1

$10,595,000
$17,135,000

Maricopa CC

General Obligation

1

$220,000,000

Grand Total:

Page 141

Amount

$262,730,000

TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2009
Dist. #

Name

County

Concho ESD

Apache

Lease Purchase

1

$99,557

10
1

Round Valley USD
Flagstaff USD

Apache
Coconino

General Obligation-Class B
General Obligation-Class B

1
1

$5,000,000
$20,000,000

4

6

Bond Type

# of Issues

Amount

Grand Canyon USD

Coconino

General Obligation-Class B

1

$955,000

10
1

Payson USD
Phoenix ESD

Gila
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$13,845,000
$19,125,000

4
8

Mesa USD
Osborn ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$50,000,000
$10,700,000

17

Tolleson ESD

Maricopa

General Obligation-Class B

1

$5,045,000

21
28

Murphy ESD
Kyrene ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$4,000,000
$25,000,000

28

Kyrene ESD

Maricopa

Lease Purchase

1

$209,295

33
41

Buckeye ESD
Gilbert USD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

2
1

$10,905,000
$10,000,000

44

Avondale ESD

Maricopa

General Obligation-Class B

1

$7,790,000

45
59

Fowler ESD
Laveen ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$4,500,000
$10,600,000

60

Higley USD

Maricopa

General Obligation-Class B

2

$19,815,000

69
79

Paradise Valley USD
Litchfield ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$15,000,000
$10,500,000

80
89

Chandler USD
Dysart USD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
2

$58,700,000
$39,840,000

92

Pendergast ESD

Maricopa

General Obligation-Class B

1

$11,000,000

97
97

Deer Valley USD
Deer Valley USD

Maricopa
Maricopa

General Obligation-Class B
Lease Purchase

1
1

$17,000,000
$1,627,436

98

Fountain Hills USD

Maricopa

General Obligation-Class B

1

$4,000,000

201
210

Buckeye UHSD
Phoenix UHSD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

2
1

$32,255,000
$26,085,000

213

Tempe UHSD

Maricopa

General Obligation-Class B

1

$30,000,000

214
9

Tolleson UHSD
Littlefield USD

Maricopa
Mohave

General Obligation-Class B
General Obligation-Class B

1
1

$17,900,000
$1,600,000

20
1

Kingman USD
Winslow USD

Mohave
Navajo

General Obligation-Class B
Impact Aid Revenues

2
1

$69,990,000
$2,860,000

5

Snowflake USD

Navajo

General Obligation-Class B

1

$3,900,000

6
1

Heber-Overgaard USD
Tucson USD

Navajo
Pima

General Obligation-Class B
General Obligation-Class B

1
1

$10,215,000
$57,000,000

1

Tucson USD

Pima

Lease Purchase

1

$436,738

8
8

Flowing Wells USD
Flowing Wells USD

Pima
Pima

General Obligation-Class B
Lease Purchase

2
2

$17,330,000
$49,885

Vail USD

Pima

General Obligation-Class B

2

$16,970,000

Florence USD

Pinal

General Obligation-Class B

2

$27,300,000

20
1

Page 142

TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2009
Dist. #

Name

County

20

Maricopa USD

Pinal

General Obligation-Class B

1

$14,500,000

21
43

Coolidge USD
Apache Junction USD

Pinal
Pinal

General Obligation-Class B
General Obligation-Class B

1
1

$16,095,000
$2,000,000

J.O. Combs USD

Pinal

44

Bond Type

# of Issues

Amount

General Obligation-Class B

2

$8,880,000

Casa Grande UHSD
Pinal
Sedona-Oak Creek USD Yavapai

General Obligation-Class B
General Obligation-Class B

1
2

$17,845,000
$48,400,000

13
13

Crane ESD
Crane ESD

Yuma
Yuma

General Obligation-Class B
Lease Purchase

1
2

$1,065,000
$1,653,687

70

Yuma UHSD

Yuma

General Obligation-Class B

1

$9,310,000

102
9

Grand Total:

Page 143

$808,896,597

TABLE 42
SPECIAL DISTRICT NEW ISSUES IN FY 2009
Name

County

Bond Type

# of Issues

Alpine Fire District

Apache

Lease Purchase

1

$93,800

Elfrida Fire District
Hashknife Road Improvement District

Cochise
Coconino

Lease Purchase
Special Assessment

1
1

$65,000
$357,000

Highlands Fire District

Coconino

Lease Purchase

1

$65,000

Kaibab Estates Fire District
North Stardust-Antelope Road Improvement District

Coconino
Coconino

Lease Purchase
Special Assessment

1
1

$150,000
$438,000

Buckskin Sanitary District
Ehrenberg Fire District

La Paz
La Paz

Special Assessment
Lease Purchase

1
2

$2,948,572
$2,137,071

Marley Park Community Facilities District

Maricopa

General Obligation

1

$3,395,000

Pinetop Fire District
Wonderland Acres Domestic WID

Navajo
Navajo

Certificates of Participation
Special Assessment

1
1

$5,280,000
$180,952

Picture Rocks Fire District

Pima

General Obligation

1

$2,485,000

Picture Rocks Fire District
Rio Nuevo Multipurpose Facilities District

Pima
Pima

Lease Purchase
Revenue

1
1

$250,000
$80,000,000

Maricopa-Stanfield Irrigation & Drainage District

Pinal

Revenue

1

$1,500,000

Merrill Ranch Community Facilities District No. 1
Villago Community Facilities District

Pinal
Pinal

General Obligation
General Obligation

1
1

$4,390,000
$750,000

Santa Cruz County Jail District

Santa Cruz

Revenue

1

$44,590,000

Tubac Fire District
Camp Verde Sanitary District

Santa Cruz
Yavapai

General Obligation
Lease Purchase

1
1

$6,795,000
$5,600,000

Central Yavapai Fire District
Mayer Fire District

Yavapai
Yavapai

General Obligation
Special Assessment

1
1

$6,005,000
$180,000

Yuma County Airport Authority

Yuma

Lease Purchase

1

$6,400,000

Grand Total:

Page 144

Amount

$174,055,395

TABLE 43
STATE AGENCY, UNIVERSITY AND OTHER NEW ISSUES FY 2009
Name

Bond Type

# of Issues

Amount

Arizona Housing Finance Authority
Arizona State University

Revenue
Revenue

3
2

$33,515,787
$140,350,000

Department of Transportation

Revenue

3

$676,470,000

Greater Arizona Development Authority
Health Facilities Authority

Revenue
Revenue

4
3

$102,880,000
$1,324,945,000

Northern Arizona University

Revenue

1

$43,130,000

Salt River Project
School Facilities Board

Revenue
Certificate of Participation

1
1

$744,180,000
$580,035,000

University Medical Center Corporation

Revenue

1

$61,800,000

University of Arizona
Revenue
Valley Metro-Regional Public Transport A Revenue

1
2

$202,370,000
$100,075,000

Grand Total:

Page 145

$4,009,750,787

Page 146

SECTION THREE

LEASE PURCHASES

Page 147

Page 148

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 2008/09. 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.

showed 669 lease purchase contracts with
$209.5 million outstanding at the end of that
fiscal year.
For FY 2008/09, 1,011 political subdivisions
and state agencies submitted reports.
Reports submitted for this fiscal year reflected
1,500 lease purchase contracts with $1,039.8
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.

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.

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.

In FY 1996/97, the first year that reporting was
requested
approximately
450
political
subdivisions or state agencies submitted
reports. The reports submitted for FY 1996/97

Page 149

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Apache
Alpine Fire District

Number of Contracts

Amount Outstanding

Amount Retired

2

$177,605

$181,195

Alpine Sanitary District
Apache County

1
3

$89,165
$880,311

$12,242
$186,189

Chinle USD

1

$0

$267,771

Concho ESD
Concho Fire District

1
3

$0
$207,651

$77,871
$187,684

Eagar

6

$1,100,538

$227,943

Ganado Fire District
Ganado USD

1
2

$162,590
$149,025

$10,595
$318,149

Greer Fire District

3

$118,313

$84,979

Puerco Valley Fire District
Red Mesa USD

1
1

$65,867
$341,172

$70,983
$85,752

Springerville

1

$66,641

$1,757

St. Johns
Vernon ESD

4
2

$1,178,810
$0

$561,553
$156,781

Vernon Fire District
Window Rock USD

3
1

$654,000
$2,609

$146,000
$19,087

36

$5,194,298

$2,596,531

5

$59,446

$100,117

Benson

5

$3,238,116

$2,354,307

Benson USD
Bisbee

2
6

$0
$445,875

$291,219
$291,659

Bowie USD
Cochise Community College

2
1

$0
$14,270,000

$119,309
$730,000

12

$2,627,210

$1,187,820

9
1

$9,645,530
$65,000

$1,718,170
$0

19

$74,766

$85,323

Naco ESD
Naco Fire District

1
2

$42,219
$51,923

$61,457
$24,643

Naco Sanitary District

1

$121,981

$78,019

Palominas Fire District
San Simon USD

2
1

$49,964
$19,737

$270,238
$74,649

Sierra Vista

9

$5,198,641

$4,944,552

Totals for Apache
Cochise
Ash Creek ESD

Cochise County
Douglas
Elfrida Fire District
Fort Huachuca Accomodation School

Page 150

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Sierra Vista USD
St. David USD

5
2

$0
$35,264

$66,168
$120,688

Tombstone
Tombstone USD

2
4

$66,128
$20,762

$223,050
$32,727

Valley UHS

1

$97,173

$25,383

Whetstone Fire District
Willcox

2
4

$328,787
$238,762

$182,180
$79,078

Willcox USD

2

$75,116

$324,671

100

$36,772,400

$13,385,426

Blue Ridge Fire District
Chevelon Butte School

1
1

$334,623
$91,844

$249,814
$22,784

Coconino Community College

2

$102,389

$319,107

Flagstaff
Flagstaff USD

5
9

$6,724,752
$42,784

$2,567,198
$1,484,600

Forest Lakes Domestic WID

2

$13,556

$230,600

Forest Lakes Fire District
Fort Valley Fire District

2
4

$155,487
$2,299,175

$42,947
$185,347

Totals for Cochise
Coconino

Fredonia

2

$44,272

$10,238

Grand Canyon USD
Highlands Fire District

5
5

$34,530
$5,512,735

$62,325
$171,289

Junipine Fire District

2

$14,294

$50,706

Kaibab Estates West Fire District
Maine Consolidated ESD

1
1

$146,237
$0

$3,763
$70,847

28
37

$750,284
$270,364

$836,498
$712,107

Page
Page USD
Pinewood Fire District

3

$532,392

$116,176

Pinewood Sanitary District
Ponderosa Fire District

4
5

$3,457,397
$826,000

$1,621,209
$474,046

Sherwood Forest Estates Fire District

2

$222,158

$37,594

Summit Fire District
Tusayan Fire District

5
3

$1,511,555
$684,717

$404,353
$398,127

Williams

3

$672,576

$1,347,424

Williams USD

4

$126,001

$173,792

136

$24,570,122

$11,592,891

Totals for Coconino

Page 151

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Gila
Beaver Valley Fire District

Number of Contracts

Amount Outstanding

Amount Retired

1

$32,644

$17,356

Canyon Fire District
Christopher-Kohl's Fire District

1
2

$239,630
$136,873

$66,082
$75,227

Gila Community College

3

$87,183

$45,721

Gila County
Gisela Valley Fire District

6
1

$184,196
$6,019

$1,496,910
$16,481

Globe

2

$374,431

$451,781

12
2

$121,223
$63,369

$347,013
$103,653

Hellsgate Fire District

7

$883,139

$352,511

Houston Mesa Fire District
Miami USD

2
2

$174,495
$151,046

$84,871
$136,335

Payson

5

$431,218

$522,982

Payson USD
Pine Strawberry ESD

7
3

$826,636
$0

$2,403,237
$45,058

Pine Strawberry Fire District
Pleasant Valley Fire District

4
1

$243,838
$30,502

$328,420
$8,998

Star Valley

1

$0

$5,594

Tonto Basin Fire District
Tri-City Fire District

3
2

$344,010
$483,797

$276,158
$212,740

Whispering Pines Fire District

3

$77,160

$130,790

Winkelman
Young ESD

1
1

$4,008
$0

$1,140
$96,675

72

$4,895,417

$7,225,733

Eastern Arizona College

1

$4,506

$9,764

Fort Thomas Fire District
Graham County

1
7

$8,160
$437,892

$8,840
$613,244

Pima

5

$253,340

$94,341

6
20

$363,418
$3,833,176

$176,043
$1,495,475

Safford USD

2

$681,311

$410,840

Solomon ESD

1

$0

$83,609

43

$5,581,803

$2,892,156

Globe USD
Hayden-Winkelman USD

Totals for Gila
Graham

Pima USD
Safford

Totals for Graham

Page 152

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Greenlee
Greenlee County

12

$1,975,051

$1,167,564

Morenci USD

1

$0

$132,938

13

$1,975,051

$1,300,502

Bicentennial UHSD
Bouse Elementary

2
3

$126,123
$58,317

$69,601
$79,157

Buckskin Fire District

1

$181,457

$179,562

Ehrenberg Fire District
La Paz County

4
3

$2,333,176
$1,653,541

$224,236
$156,291

La Paz County Jail District
McMullen Valley Fire District

1
3

$2,022,075
$178,154

$0
$312,920

Parker

2

$24,624

$53,974

Parker Fire District
Quartzsite

1
7

$115,758
$146,370

$95,190
$463,562

Quartzsite ESD

1

$63,160

$41,826

Quartzsite Fire District

3

$525,103

$310,037

31

$7,427,858

$1,986,356

Maricopa
Agua Fria UHSD

2

$301,476

$153,030

Totals for Greenlee
La Paz

Totals for La Paz

Aguila ESD

1

$91,086

$24,577

Aguila Fire District
Alhambra ESD

1
3

$32,594
$1,609,079

$32,406
$917,249

Arlington USD

3

$12,020

$45,227

Avondale
Avondale ESD

3
4

$1,726,792
$70,961

$1,760,613
$179,274

Balsz ESD

4

$0

$810,104

12
1

$1,768,506
$0

$1,797,720
$20,865

Buckeye UHSD

8

$617,333

$602,512

Carefree
Cave Creek USD

3
3

$3,691,917
$6,656

$589,399
$323,242

Circle City/Morristown Fire District
Creighton ESD

1
1

$48,575
$0

$111,394
$571,590

12

$2,516,941

$976,582

1

$0

$1,552,605

Buckeye
Buckeye ESD

Daisy Mountain Fire District
Deer Valley USD

Page 153

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

East Valley Institute of Technology
Fountain Hills USD

1
1

$130,443
$0

$26,581
$682,678

Fowler USD
Gila Bend USD

1
2

$51,585
$17,189

$18,031
$366,664

Gilbert USD

12

$13,078,867

$11,542,540

Glendale
Glendale ESD

21
7

$21,814,647
$293,158

$42,017,383
$500,664

Glendale UHSD

3

$945,275

$812,065

Guadalupe
Harquahala Valley Fire District

3
2

$139,441
$224,195

$177,594
$9,612

Kyrene School District

1

$145,619

$63,676

Liberty ESD
Littleton ESD

3
7

$859,321
$182,423

$423,364
$1,027,042

Madison ESD

4

$1,399,178

$2,277,903

2
27

$135,516
$51,135,339

$342,625
$47,156,226

1
1

$0
$0

$808,835
$11,663

20

$10,221,463

$26,944,832

Morristown USD
Murphy ESD

3
7

$99,548
$40,670

$119,348
$141,860

Nadaburg ESD

2

$257,936

$247,476

Paloma ESD
Paradise Valley

1
8

$56,751
$4,601,338

$44,064
$9,472,090

Paradise Valley USD

4

$6,540,248

$1,668,609

Pendergast ESD
Peoria

3
3

$1,148,887
$42,947

$873,194
$428,879

Peoria USD

6

$2,048,181

$5,407,743

Phoenix
Phoenix ESD

4
2

$395,597
$14,646

$579,411
$4,050,879

Phoenix Mesa Gateway Airport Authority
Ranchos Jardines Irrigation Water & Delivery

2
1

$5,609,242
$0

$390,758
$18,000

Riverside ESD

1

$416,495

$583,505

Roosevelt Irrigation District
Saddle Mountain USD

1
2

$193,665
$135,235

$92,909
$63,650

Scottsdale

2

$53,479

$333,888

Scottsdale USD

5

$843,360

$1,789,906

Maricopa Community College
Maricopa County
Maricopa County Library District
Maricopa County Regional Schools
Mesa

Page 154

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Sun City Fire District
Sun City West Fire District

1
2

$2,562,696
$6,437,170

$437,304
$1,030,258

Tempe
Tolleson ESD

5
3

$8,405,014
$417,989

$5,358,725
$1,076,145

Tolleson UHSD

3

$660,038

$436,460

Tonopah Valley Fire District
Union ESD

2
2

$436,203
$0

$80,737
$64,104

Vistancia Community Facilities District

1

$1,064,632

$170,368

Washington ESD
Wickenburg

2
2

$2,558,224
$906,908

$1,925,041
$232,488

Wickenburg USD

7

$607,952

$452,415

Wittmann Volunteer Fire District

2

$187,931

$187,069

271

$160,010,577

$183,435,651

Totals for Maricopa
Mohave
Beaver Dam/Littlefield Fire District

2

$100,000

$160,500

Bullhead City

5

$694,430

$3,428,585

Bullhead City ESD
Bullhead City USD

3
1

$672,420
$424,697

$931,789
$224,133

Colorado City

6

$290,803

$459,456

Colorado City Fire District
Colorado City USD

3
3

$45,282
$275,416

$158,592
$53,625

Colorado River UHSD

7

$2,615,080

$1,859,726

Desert Hills Fire District
Golden Shores Fire District

1
1

$183,969
$288,435

$183,970
$61,565

Hackberry ESD
Havasu Heights Domestic WID

1
1

$0
$248,320

$7,700
$281,380

Kingman USD

6

$1,008,719

$2,417,414

19
6

$4,245,864
$2,613,629

$6,284,216
$3,881,344

Lake Mohave Ranchos Fire District

5

$86,614

$94,878

Littlefield ESD
Mohave Community College

2
4

$40,205
$265,870

$149,140
$507,499

Mohave Valley ESD #16

1

$0

$1,499,601

Northern Arizona Consolidated Fire District
Pine Lake Fire District

3
1

$977,009
$47,859

$144,858
$27,141

Pinion Pine Fire District

1

$64,227

$7,656

Lake Havasu City
Lake Havasu USD

Page 155

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

So-Hi Domestic WID
Topock ESD

Number of Contracts

Amount Outstanding

Amount Retired

1
1

$178,504
$0

$466,496
$80,000

84

$15,367,352

$23,371,264

11

$1,912,835

$2,175,805

Cedar USD
Clay Springs/Pinedale Fire District

3
1

$55,805
$0

$120,684
$150,000

Heber-Overgaard Fire District

1

$935,293

$314,707

Heber-Overgaard USD
Holbrook

1
1

$0
$47,007

$55,552
$114,993

Joseph City Fire District
Joseph City USD

2
1

$261,231
$0

$38,769
$74,539

Kayenta USD

7

$49,831

$82,169

Lakeside Fire District
Linden Fire District

2
1

$1,084,128
$75,713

$506,381
$139,214

Navajo County

2

$40,972

$43,566

Northland Pioneer College
Pinedale Domestic WID

1
1

$87,567
$79,663

$25,154
$54,337

Pinetop Fire District

3

$1,702,598

$450,999

Pinetop-Lakeside
Pinon USD

4
3

$749,536
$4,128,508

$1,130,819
$291,492

Show Low

1

$250,000

$0

Show Low Fire District
Show Low USD

4
1

$1,290,295
$295,046

$673,778
$172,672

Snowflake
Snowflake USD

1
1

$2,342,710
$182,600

$657,290
$204,842

Taylor

4

$292,021

$293,979

Winslow
Winslow USD

8
4

$704,411
$74,354

$944,559
$927,946

Totals for Navajo

69

$16,642,124

$9,644,246

Other
Arizona Sports and Tourism Authority

1

$0

$14,893

University Medical Center

16

$5,917,907

$4,924,958

Totals for Other

17

$5,917,907

$4,939,851

2

$0

$721,193

Totals for Mohave
Navajo
Blue Ridge USD

Pima
Amphitheater USD

Page 156

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Avra Valley Fire District
Catalina Foothills USD

6
2

$480,468
$410,075

$363,910
$820,150

Cmo Ojo De Agua Improvement District
Continental USD

1
3

$35,636
$107,455

$86,864
$113,951

Corona De Tucson Fire District

2

$2,178,201

$283,033

Flowing Wells USD
Golder Ranch Fire District

5
4

$152,687
$613,501

$625,109
$774,711

Green Valley Fire District

2

$899,141

$472,576

Hayhook Ranch Improvement District
Indian Oasis-Baboquivari USD

1
1

$566,000
$0

$439,671
$29,598

La Cholla Sewer District

1

$393,125

$1,428,582

Marana
Metropolitan Domestic WID

1
6

$75,062
$1,350,830

$125,384
$1,368,468

Mount Lemmon Fire District

3

$291,040

$240,200

Mountain Vista Fire District
Northwest Fire District

2
3

$622,215
$1,085,241

$37,785
$3,753,984

Oro Valley
Picture Rocks Fire District

4
3

$131,144
$802,301

$63,721
$216,729

Pima County

4

$44,543,006

$40,398,468

Pima County Community College
Pima County Stadium District

1
2

$4,080,000
$22,715,000

$1,005,000
$9,685,000

Rincon Valley Fire District

3

$728,133

$1,140,687

Sahuarita USD
South Tucson

3
1

$20,891
$140,620

$446,032
$136,217

Sunnyside USD

1

$512,566

$1,954,395

Tucson
Tucson Airport Authority

80
1

$24,906,337
$8,426

$25,509,677
$372,561

Tucson USD

10

$3,187,308

$4,767,808

7

$331,656

$1,037,084

165

$111,368,065

$98,418,548

1

$36,700

$369,867

Arizona City Fire District

2

$1,329,052

$232,111

Arizona City Sanitary District
Casa Grande

1
7

$6,450,150
$19,540,377

$1,751,882
$12,545,057

Casa Grande ESD

1

$646,907

$603,093

Vail ESD
Totals for Pima
Pinal
Apache Junction

Page 157

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Casa Grande UHSD
Central Arizona College

2
3

$81,345
$13,670,480

$112,186
$5,634,907

Coolidge
Coolidge USD

8
7

$1,644,786
$194,962

$4,786,221
$3,990,924

Eloy

8

$5,074,589

$940,083

Eloy ESD
Eloy Fire District

4
2

$199,258
$669,294

$192,743
$57,158

Florence

2

$637,406

$381,594

Florence USD
J.O. Combs ESD

6
2

$1,252,157
$2,044,728

$2,740,634
$1,100,032

Kearny

3

$326,036

$236,882

Mammoth Fire District
Maricopa

1
4

$10,809
$1,094,718

$18,262
$816,359

Maricopa USD

4

$325,855

$653,433

Mary C. O'Brien ASD
Oracle ESD

2
4

$348,896
$0

$127,409
$417,347

Oracle Fire District
Picacho ESD

3
1

$459,395
$77,461

$163,605
$37,396

16

$12,761,936

$7,185,326

Queen Valley Domestic WID
Ray USD

1
1

$9,766
$0

$70,984
$87,688

San Carlos Irrigation & Drainage District

1

$223,627

$191,373

Santa Cruz Valley UHSD
Stanfield ESD

1
3

$18,158
$34,496

$0
$662,549

Superior

1

$7,905

$4,567

Superior USD
Thunderbird Irrigation District #2

1
1

$104,062
$0

$149,758
$47,000

Thunderbird Irrigation District #3

1

$29,300

$20,700

Water Utilities Community Facilities District

2

$2,801,271

$657,554

107

$72,105,881

$46,986,684

6

$4,579,133

$934,424

Nogales Suburban Fire District

1

$281,799

$19,086

Patagonia
Rio Rico Fire District

2
3

$13,070
$988,003

$13,291
$550,997

Santa Cruz County

7

$1,675,492

$942,841

Pinal County

Totals for Pinal
Santa Cruz
Nogales

Page 158

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Santa Cruz Valley USD
Tubac Fire District

Amount Outstanding

Amount Retired

2
3

$7,556
$697,286

$57,796
$614,214

24

$8,242,339

$3,132,649

1

$292,170

$52,857

1
26

$46,319
$16,417,866

$184,057
$10,696,129

Board of Nursing

1

$0

$194,842

Board of Nursing Care Institution Administrat
Commission for Postsecondary Education

1
1

$1,728
$13,662

$576
$0

Court of Appeals Div 1
Department of Administration

3
4

$69,576
$110,991,010

$192,438
$13,478,990

Department of Corrections

5

$255,521,267

$8,860,527

Department of Economic Security
Department of Environmental Quality

6
1

$1,142,557
$65,548

$7,904,290
$1,150,482

Department of Insurance

1

$73,131

$79,234

5
11

$3,778,284
$3,081,520

$8,510,031
$10,341,156

Totals for Santa Cruz
State
AHCCCS
Arizona Cotton Research
Arizona State University

Department of Public Safety
Department of Transportation
Game and Fish Department

6

$706,184

$747,581

Legislative Council
Northern Arizona University

3
4

$0
$49,233,665

$1,233,714
$3,975,509

School for the Deaf and Blind

2

$82,524

$718,244

State Court of Appeals Div I
Supreme Court

1
32

$38,074
$3,702,300

$19,037
$3,171,073

University of Arizona

22

$51,621,286

$20,933,367

137

$496,878,671

$92,444,135

Ash Fork Fire District
Ash Fork USD

1
3

$0
$1,070,883

$27,763
$1,822,441

Bagdad USD

3

$0

$259,594

Beaver Creek ESD
Black Canyon Fire District

6
1

$71,668
$126,225

$67,302
$179,025

Camp Verde
Camp Verde Fire District

6
2

$54,241
$413,614

$64,581
$260,585

Camp Verde Sanitary District

5

$8,707,639

$7,386,300

Canon ESD

1

$157,420

$180,010

Totals for State
Yavapai

Page 159

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Chino Valley
Chino Valley USD

4
9

$1,896,182
$230,771

$466,623
$405,217

Clarkdale
Clarkdale-Jerome ESD

2
6

$261,851
$16,632

$332,703
$18,603

Congress Fire District

1

$0

$50,000

Cottonwood
Cottonwood-Oak Creek ESD

4
2

$1,254,597
$31,382

$1,043,511
$146,891

Groom Creek Fire District

1

$162,243

$87,757

Jerome
Kirkland ESD

1
1

$59,758
$46,006

$340,242
$69,008

Mayer Fire District

5

$2,128,542

$177,338

Mayer USD
Mingus UHSD

3
3

$288,494
$103,165

$158,154
$209,178

Montezuma Rimrock Fire District

4

$1,075,527

$493,329

1
11

$69,019
$2,805,283

$20,981
$4,311,133

Prescott USD
Prescott Valley

3
2

$1,662,560
$48,281

$1,486,992
$13,702

Sedona

1

$114,972

$7,814

Sedona Fire District
Sedona-Oak Creek USD

3
9

$633,627
$51,581

$681,575
$104,837

Seligman USD

1

$79,401

$22,517

Williamson Valley Fire District
Yarnell Fire District

3
1

$319,603
$0

$109,437
$58,264

Yavapai College

2

$3,107,168

$1,215,832

Yavapai Community College
Yavapai County

8
1

$6,033,389
$25,000,000

$3,311,563
$25,000,000

120

$58,081,723

$50,590,802

Antelope UHSD

1

$0

$69,970

Crane ESD
Hyder ESD

2
1

$642,018
$24,639

$599,027
$70,300

Mohawk Valley ESD

2

$44,357

$59,868

34
8

$1,482,568
$546,841

$1,647,924
$1,103,241

1

$0

$266,856

Peeples Valley Fire District
Prescott

Totals for Yavapai
Yuma

San Luis
Somerton
Somerton ESD

Page 160

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Wellton
Wellton USD

9
2

$838,768
$52,914

$161,129
$17,019

Yuma County
Yuma County Airport Authority

2
1

$211,526
$4,120,073

$205,702
$41,247

Yuma ESD

8

$717,654

$7,989,953

Yuma UHSD

4

$55,815

$4,444,132

75

$8,737,173

$16,676,368

1,500

$1,039,768,763

$570,619,795

Totals for Yuma
Grand Totals:

Page 161

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Apache
Apache County Flood Control District
Apache County Jail District
Apache County Library District
Bouse Volunteer Fire District
Crosby Acres Special District
Greer Acres Improvement District
Little Colorado Sanitary District
McNary ESD
Northern Apache County Health Care District
Nutrioso Volunteer Fire District
Ojo Bonito Estates Domestic WID
Round Valley USD
Sanders USD
St. Johns USD
Vernon Domestic WID
White Mountain Health Care District
Cochise
Alpine Elementary School
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
Fry Fire District
Golden Acres Light District
Huachuca City
McNeal ESD
Mescal J-6 Fire District
Naco Light District
Northern Cochise County Hospital District
Palominas ESD

Page 162

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
PBW Fire District
Pearce Elementary School District
Pirtleville Light District
Pomerene Domestic WID
Pomerene ESD
Pomerene Fire District
Rucker ESD
San Jose Fire District
San Pedro Valley Hospital District
St. David Fire District
St. David Flood Control District
St. David Irrigation District
Sunnyside Fire District
Sunsites Light District
Sunsites-Pearce Fire District

Coconino
Buckboard Trail Improvement District
Coconino County
Coconino County Flood Control District
Coconino County Jail District
Coconino County Library District
Flagstaff Ranch Fire District
Flagstaff Special Districts
Hashknife Road Improvement District
Kachina Trail Road Improvement
Kachina Village Paving District
Kachina Village Road Improvement
Kiowa-Comanche Road Improvement District
Linda Lane Road Improvement District
Lockett Ranch Fire District
Lupine Road Improvement District
Mormon Lake Fire District
North Stardust / Antelope Road Improvement
Northside Sewer Improvement District
Oakwood Pines Road Improvement
Page Hospital District
Pawnee Road Improvement District
Pinon Road Improvement District
Rio-Arroyo Road Improvement District

Page 163

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Rodeo Drive Road Improvement District
Rudd Tank Road Improvement District
Shoshone Road Improvement District
South Grand Canyon Sanitary District
Toho Tolani Road Improvement District
Tonawanda Road Improvement District
Tuba City USD
Westwood Estates Fire District
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
Fort 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

Page 164

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Greenlee
Blue ESD
Clifton
Clifton USD
Duncan
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
#K109 Plymouth Street
#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

Page 165

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
#K98 Billing Street
Adaman Irrigation Water Delivery District
Agua Fria Ranch Community Facilities District
Aguila ESD
Aguila Irrigation District
Arizona Utilities Community Facilities District
AZ 9-5 Housing
AZ 9-6 Housing
AZ 9-7 Housing
AZ 9-9 Housing
Berridge Manor IWDD #38
Buckeye Valley Fire District
Buckeye Water Conservation & Drainage District
Cartwright USD
Cave Creek
Centerra Community Facilities District
Chandler
Chandler Heights Citrus Irrigation 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
El Mirage
Electrical District #5
Electrical District #7
Electrical District #8
Estrella Mountain Ranch CFD
Festival Ranch Community Facilities District
Fountain Hills
Fountain Hills Road District
Fountain Hills Sanitary District
Gila Bend
Gilbert
Goldfield Ranch Fire District

Page 166

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
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
Higley USD
Hospital District of Maricopa County
Isaac USD
King Ranch Community Facilities District
Lamar Irrigation Water Delivery District
Laveen ESD
Laveen Fire Dstrict
Litchfield ESD
Litchfield Park
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
Mesa USD #4
Miller Road Improvement District
Mobile ESD
Myrtle Park Irrigation Water Delivery District
Ocotillo Water Conservation District
Osborn School 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

Page 167

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Peoria Improvement District #9603
Peoria Improvement District #9801
Peoria Municipal Development Authority
Phoenix UHSD
Queen Creek
Queen Creek USD
Rancho-Grande & Landerwood IWDD
Rio Verde Fire District
Roosevelt School District
Roosevelt Water Conservation District
San Tan Irrigation District
Scottsdale Mountain Community Facilities District
Scottsdale Waterfront Commercial CFD
Sentinel ESD
Spectrum Improvement District
Sun Lakes Fire District
Sunburst Farms Irrigation District
Sundance Community Facilities 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

Page 168

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Wilson ESD
Woolsey Flood Protection District
Youngtown

Mohave
Bullhead City Fire District
Bullhead City Pest Abatement District
Bullhead City Sewer Improvement District
Butler Road Improvement District
Cerbat Ranch Street Improvement
Crystal Beach Water Conservation District
Fredonia Moccasin USD
Golden Shores Water Conservation District
Golden Valley Improvement District
Grapevine Mesa Fire 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
Lake Havasu Sanitary District
Moccasin Domestic Water 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 Improvement District
Scenic Improvement District
Topock/Golden Shores Sanitary District
Valentine ESD
Yucca ESD

Page 169

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of 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
Heber-Overgaard Sanitary District
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
McLaws Road Fire District
Misty Mountain Domestic WID
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
Pinetop-Lakeside Sanitary District
Porter Creek Domestic WID
Porter Mountain Domestic WID
Scott's Pine Tract A Improvement District
Shoreline Drive CRID
Show Low Bluff CFD
Show Low Improvement District #5
Show Low Improvement District #6

Page 170

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
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
Sun Valley Fire District
Sutter Drive Improvement District
Sweeping Vista
Timberlake Pines CRID
Timberland Acres Special Road District
White Mountain Lake Road District #2
White Mountain Summer Home
Whiteriver USD
Wild Cat Way Improvement
Wild Horse Road No. 1
Wonderland Acres Domestic WID
Woodruff Fire District
Woodruff Irrigation District

Other
Valley Metro - Regional Public Transportation Auth
Pima
Ajo USD
Ajo-Lukeville Health Services District
Altar Valley ESD
Cimarron Hills Improvement District
Cortaro-Marana Irrigation District
Dove Mountain Resort Community Facilities District
Drexel Heights Fire District
Empire ESD
Flowing Wells Irrigation District
Gladden Farms Community Facilities District
Green Valley Domestic WID
Hidden Valley Fire District
Marana USD
Marana WID
North 1st Avenue Sewer District
Pima County Flood Control District
Pima County Library District

Page 171

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Pima County Mobile Home Relocation District
Quail Creek Community Facilities District
Red Hawk Canyon CFD
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
Tanque Verde Valley Fire District
Three Points Fire District
Tucson Country Club Estates Fire District
Why Fire District

Pinal
Apache Junction Fire District
Apache Junction USD
Apache Villa III IV & Clearview Lighting District
Apache Villa IIIA Lighting District
Apache Villa No. 2 Lighting District
Apache Villa Unit 1 Lighting District
Apache Villa Unit 4 Lighting District
Apache Villa V Lighting District
Arizona Grande Lighting District
Arroyo Verde Lighting District
Central Arizona Irrigation & Drainage District
Cimmarron Lighting District
Cortez Ranch Lighting District
Cottonwood Gardens Lighting District
Desert Vista Lighting District
Desert Vista Sanitary District
Dudleyville Fire District
Electrical District #2
Electrical District #3
Electrical District #4
Electrical District #5
Enchanted Acres #1 Lighting District
Enchanted Acres #2 Lighting District

Page 172

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Florence Flood Control District
Grande Buttes Fire District
Hohokam Irrigation & Drainage District
Ironwood Cove I Lighting District
Ironwood Cove II Lighting District
Ironwood Estates Lighting District
Ironwood Manor Lighting District
Magma Flood Control District
Mammoth
Mammoth-San Manuel USD
Maricopa Domestic WID
Maricopa Flood Control District
Maricopa Road Improvement District
Maricopa Rural Road Improvement District
Maricopa-Stanfield Irrigation & Drainage
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
Oracle Sanitary District
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
Queen Valley Fire District
Queen Valley Sanitary District
Red Rock ESD
Renaissance Park Lighting District
Renaissance Point Unit 1 Lighting District
Renaissance Point Unit 2 Lighting District
Sacaton ESD
San Manuel Fire District
Seven Ranches Domestic WID
Skyline Domestic WID
Stanfield Flood Control District
Sunrise Canyon Lighting District

Page 173

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Superstition Lighting District
Superstition Mountains CFD
Thunderbird Farms Improvement District
Thunderbird Fire 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 County Jail District
Santa Cruz ESD
Sonoita ESD
Sonoita-Elgin Fire District
State
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 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

Page 174

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Board of Funeral Directors
Board of Homeopathic and Integrated Medicine Exam
Board of Massage Therapy
Board of Naturopathic Physicians Examiners
Board of Occupational Therapy Examiners
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
Corporation Commission
Cosmetology Board
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 Health Services
Department of Homeland Security
Department of Housing
Department of Juvenile Corrections
Department of Mines & Mineral Resources
Department of Racing
Department of Real Estate
Department of Revenue
Department of Veteran's Services
Department of Water Resources

Page 175

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Department of Weights and Measures
Early Childhood Development & Health Board
Geological Survey
Government Information Technology Agency
Governor's Office of Equal Opportunity
Greater Arizona Development Authority
Health Facilities Authority
Industrial Commission
Joint Legislative Budget Committee
Land Department
Law Enforcement Merit System Council
Navigable Stream Adjudication Commission
Office of Administrative Hearing
Office of Pest Management
Office of the Attorney General
Office of the Auditor General
Office of the Governor
Office of Tourism
Ombudsman 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
School Facilities Board
Secretary of State
State Dental Board
State Library, Archives and Public Records
State Mine Inspector
State Retirement System
Treasurer's Office
Veterinary Medical Examining Board
Water Infrastructure Finance Authority

Yavapai
American Ranch Domestic WID

Page 176

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
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
Central Yavapai Hospital District
Chino Valley Fire District
Chino Valley Irrigation District
Clarkdale Fire District
Congress Domestic WID
Congress ESD
Coyote Springs Road Improvement District
Creekside Sanitary District
Crown King ESD
Crown King Fire District
Dewey-Humboldt USD
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
Pronghorn Ranch Community Facilities District
Quail Canyon Domestic WID
Quail Ridge Domestic WID
Quailwood Meadows Community Facilities District
Raven Ridge Community Facilities District
Seligman Fire District
Seligman Sanitary District
Seligman Street Lighting District
Skull Valley ESD

Page 177

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Southside Community Facilities District
Stoneridge Community Facilities District
Sunup Ranch Road Improvement District
Verde Valley Fire 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
Yavapai County Library District

Yuma
Arizona Western College
Del Sur Estate Improvement District
Donovan Estates Improvement District
East San Luis Community Facilities 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
North Gila Irrigation District
Unit B Irrigation District
Wellton-Mohawk Anti-Noxious Weed District
Wellton-Mohawk Irrigation & Drainage District
Yuma
Yuma County Citrus Pest Control District
Yuma County Hospital District #1
Yuma County Improvement District
Yuma County Jail District
Yuma County Library District
Yuma County Pest Abatement District
Yuma Irrigation District
Yuma Mesa Irrigation & Drainage District

Page 178

SECTION FOUR

NON REPORTING POLITICAL SUBDIVISIONS

Page 179

Page 180

TABLE 46
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

Total Previous
Outstanding

Agency
Arizona Cotton Research

No

$0

Board of Barbers

No

$0

Cooperative Extension Service

No

$0

Court of Appeals Division II

No

$0

Department of Liquor License & Control

No

$0

Prescott Historical Society

No

$0

State Parks

No

$0

Arizona Exposition and State Fair

No

$0

Arizona Strip Landfill Corporation

Yes

$322,000

Flowing Wells USD

Yes

$9,590,000

Black Canyon City WID

No

$0

Greenehaven Fire District

No

$0

Madison Park Irrigation Water Delivery District

No

$0

McDowell Homes IWDD #7

No

$0

Yes

$172,405

Oatman Fire District

No

$0

Pirtleville Fire District

No

$0

Queen Creek Irrigation Water District

No

$0

Rancho Solano Improvement District

No

$0

Rose Lane Irrigation Water Delivery District

No

$0

San Simon Fire District

No

$0

Stanfield Fire District

No

$0

Yes

$3,168,000

White Mountain Lake Fire District

No

$0

Woodlea Irrigation Water Delivery District

No

$0

Yucca Fire District

No

$0

Other

School District
Special District

New Saddleback Vista Domestic ID

Three Canyons Domestic Water District

Page 181

TABLE 47
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Agency
Board of Barbers

No

Cooperative Extension Service

No

Court of Appeals Division II

No

Department of Liquor License & Control

No

Prescott Historical Society

No

State Parks

No

Other
Arizona Exposition and State Fair

Yes

Arizona Strip Landfill Corporation

No

Black Canyon City WID

No

Greenehaven Fire District

No

Madison Park Irrigation Water District

No

McDowell Homes IWDD #7

No

New Saddleback Vista Domestic WID

No

Oatman Fire District

No

Pirtleville Fire District

No

Ponderosa Park Domestic WID

No

Queen Creek Irrigation Water District

No

Rancho Salano Improvement District

No

Rose Lane Irrigation Water Delivery District

No

San Simon Fire District

No

Stanfield Fire District

No

Three Canyons Domestic WID

No

Wenden Domestic WID

No

White Mountain Lake Fire District

No

Woodlea Irrigation Water Delivery District

No

Yucca Fire District

No

Special District

Page 182