EXECUTIVE SUMMARY
Outstanding bonded indebtedness as of June 30, 2012 in Arizona, as reported by cities and towns,
counties, community colleges, school districts, state agencies, universities, special districts and
other political subdivisions was $43.29 billion. This figure represents principal only; no interest is
included. In FY 2010/11, the total bonded indebtedness reported for the political subdivisions
referenced above was $44.03 billion.
Throughout FY 2011/12, $5.54 billion in new debt was reported by Arizona political subdivisions.
Of this amount, $3.14 billion was directly attributed to refunding of old debt. Since refunding bonds
basically replace old issues, there is no double counting of old and new issues in the political
subdivision summary tables or the executive summary of this report. However, refunding bonds are
included in the “New Issue” section of this report.
PERCENT OF NEW DEBT (INCLUDING NEW REFUNDING BONDS) BY COUNTY

APA
0.4%

COC
0.8%

MOH
0.0%

NAV
0.1%

STATE
AGENCIES/
OTHER
48.0%

YAV
1.5%
LAP
0.3%

GLA
0.1%

MAR
33.3%
PNL
3.9%

YMA
0.7%
PMA
10.3%

GRN
0.0%
GRA
0.0%

COH
0.4%

STC
0.2%

According to reports submitted, all Arizona political subdivisions were within their constitutional debt limit
at the time the bonds were issued. The debt capacity for all political subdivisions reporting general
obligation debt during the fiscal year (regardless of the debt limit percentage set by the Arizona
Constitution) was $32.46 billion. The total amount outstanding was $5.78 billion.

BONDED INDEBTEDNESS REPORTED BY POLITICAL SUBDIVISIONS FOR
FISCAL YEAR 2012 AND FISCAL YEAR 2011
millions
$18,000.0
FY 2012

$16,000.0

FY 2011

$14,000.0
$12,000.0
$10,000.0
$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 2011/12, 418
political subdivisions reported bonded indebtedness out of the 1,076 that submitted reports. In FY
2010/11, 385 political subdivisions reported bonded indebtedness out of the 1,045 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 $979.5 million for all reporting
subdivisions in FY 2011/12. There were 334 political subdivisions and agencies reporting these
types of contracts. There were 784 political subdivisions and agencies that reported no lease
purchase or third party contracts in FY 2011/12. (In FY 2010/11, $938.6 million in outstanding
lease purchase and third party contracts was reported by 324 political subdivisions and agencies.
There were 723 reporting no lease purchase or third party contracts in FY 2010/11.) Reporting by
the political subdivisions and state agencies from year to year can be inconsistent. Conclusions
from the comparison between the two fiscal years should be made only after carefully examining
the detail contained in this report.

TOTAL LEASE PURCHASE AND THIRD PARTY CONTRACT DEBT
Millions FOR POLITICAL SUBDIVISIONS IN FISCAL YEAR 2012 AND 2011
(EXCLUDES STATE AGENCIES)

$160.0
$140.0

FY 2012
FY 2011

$120.0
$100.0
$80.0
$60.0
$40.0
$20.0
$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 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.
State government and all local governments are required to report interest paid in the latest fiscal
year and interest paid to date pursuant to A.R.S. §§ 41-4601 and 41-4604. State government
consists of any department, commission, board, institution or other agency of the State receiving,
expending or disbursing state funds or incurring obligations against the State. Local governments
consist of a county, city or town with a population of more than 2,500 persons; any community
college district and school district with a student county of more than 600 pupils; and a state
university. This excludes special districts and other jurisdictions. Be aware that the interest paid to
date amounts may have been difficult for jurisdictions to determine when a bond has been
refunded or restructured. DOR is also required to maintain an online accessible and searchable
database. The database can be found at www.azdor.gov below the “Reports & Research” and
“Report of Bonded Indebtedness” links.

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
Maricopa County has the most debt per capita, as can be seen on the table below. Per capita debt
is also included on the next table “Fiscal Year 2012 Executive Summary of Outstanding
Indebtedness.” The average per capita debt for all counties with outstanding debt at the end of the
fiscal year is $6,724.
COUNTY
Maricopa
Pima
Yuma
Mohave
Statewide
Yavapai
Santa Cruz
Pinal
Coconino
La Paz
Gila
Navajo
Cochise
Apache
Graham
Greenlee

PER CAPITA DEBT
$4,707
$3,550
$2,960
$2,909
$2,852
$2,458
$2,435
$2,281
$1,742
$1,593
$1,172
$1,124
$835
$733
$711
$342

FISCAL YEAR 2012 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2012*

PRINCIPAL REFUNDED
THROUGH FY 2012*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2012

PER CAPITA
INTEREST PAID
DEBT
AS OF JUNE 30, 2012

INTEREST PAID
TO DATE

Apache County
City
County
School District
Special District

$14,019,045
$3,980,000
$58,510,000
$7,880,000

$2,508,160
$0
$22,985,000
$2,495,000

$3,639,333
$0
$0
$0

$7,871,552
$3,980,000
$35,525,000
$5,385,000

$759
$55
$493
$75

$3,639,333

$52,761,552

$733

$0
$0
$0
$1,610,000
$0

$71,191,219
$10,195,000
$4,550,000
$23,000,000
$0

$894
$78
$33
$169
$0

$1,610,000

$108,936,219

$835

$62,136,989
$4,505,000
$0
$32,050,000
$39,564,504

$34,585,000
$0
$0
$0
$0

$156,954,767
$12,630,000
$0
$47,595,000
$16,506,757

$2,006
$94
$0
$355
$123

$138,256,493

$34,585,000

$233,686,524

$1,742

$6,865,345
$0
$795,000
$3,995,000
$187,000

$0
$0
$0
$0
$0

$13,781,655
$0
$7,205,000
$33,745,000
$8,062,000

$494
$0
$134
$630
$150

$11,842,345

$0

$62,793,655

$1,172

$186,924
$176,513
$1,449,726
$267,638

$1,809,787
$747,234
$8,546,131
$1,928,563

Total Bonded Indebtedness for all Jurisdictions in Apache
$27,988,160

$2,080,801

$13,031,715

Cochise County
City
Community College
County
School District
Special District

$89,498,941
$10,595,000
$9,500,000
$34,190,000
$0

$18,307,722
$400,000
$4,950,000
$9,580,000
$0

$2,223,136
$513,613
$216,262
$755,643
$0

$10,823,957
$1,562,800
$2,733,364
$6,477,269
$0

Total Bonded Indebtedness for all Jurisdictions in Cochise
$33,237,722

$3,708,654

$21,597,390

Coconino County
City
Community College
County
School District
Special District

$253,676,756
$17,135,000
$0
$79,645,000
$56,071,261

$4,356,897
$510,900
$0
$1,890,609
$846,492

$51,127,143
$1,267,890
$0
$9,575,793
$16,570,069

Total Bonded Indebtedness for all Jurisdictions in Coconino
$7,604,898

$78,540,895

Gila County
City
Community College
County
School District
Special District

$20,647,000
$0
$8,000,000
$37,740,000
$8,249,000

$346,864
$0
$323,500
$2,466,256
$346,882

$3,740,155
$0
$718,338
$7,651,887
$359,583

Total Bonded Indebtedness for all Jurisdictions in Gila

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

$3,483,502

$12,469,963

FISCAL YEAR 2012 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2012*

PRINCIPAL REFUNDED
THROUGH FY 2012*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2012

PER CAPITA
INTEREST PAID
DEBT
AS OF JUNE 30, 2012

INTEREST PAID
TO DATE

Graham County
City
Community College
County
School District
Special District

$38,320,000
$0
$0
$7,255,000

$15,917,633
$0
$0
$2,860,000

$0
$0
$0
$0

$22,402,367
$0
$0
$4,395,000

$1,314
$0
$0
$117

$992,402
$0
$0
$245,120

$7,069,980
$0
$0
$1,802,603

$0

$0

$0

$0

$0

$0

$0

$18,777,633

$0

$26,797,367

$711

$1,237,522

$93,698
$0
$3,615,000
$0

$0
$0
$0
$0

$706,302
$0
$2,160,000
$0

$178
$0
$258
$0

$31,685
$0
$121,125
$0

$0

$2,866,302

$342

$6,590,370
$0
$3,095,000
$1,898,750

$0
$0
$0
$0

$9,609,630
$18,115,000
$1,190,000
$4,117,532

$1,405
$874
$57
$199

$449,184
$594,329
$61,176
$178,748

$11,584,120

$0

$33,032,162

$1,593

$1,283,437

$1,943,013,224
$69,135,000
$32,840,000
$600,180,000
$7,935,000

$13,607,236,092
$616,235,000
$120,350,000
$3,148,820,000
$599,472,583

$3,824
$160
$31
$820
$156

$2,653,103,224

$18,092,113,675

Total Bonded Indebtedness for all Jurisdictions in Graham
$8,872,583

Greenlee County
City
County
School District
Special District

$800,000
$0
$5,775,000
$0

$311,493
$0
$2,444,937
$0

Total Bonded Indebtedness for all Jurisdictions in Greenlee
$3,708,698

$152,810

$2,756,430

La Paz County
City
County
School District
Special District

$16,200,000
$18,115,000
$4,285,000
$6,016,282

$4,478,165
$594,329
$926,970
$1,194,775

Total Bonded Indebtedness for all Jurisdictions in La Paz
$7,194,239

Maricopa County
City
Community College
County
School District
Special District

$17,996,222,052
$989,430,000
$289,650,000
$5,413,080,000
$799,217,988

$2,445,972,736
$304,060,000
$136,460,000
$1,664,080,000
$191,810,405

$647,645,841
$26,257,150
$5,828,245
$146,608,954
$29,903,637

$4,144,024,828
$145,601,117
$66,596,174
$1,006,005,928
$231,735,917

Total Bonded Indebtedness for all Jurisdictions in Maricopa
$4,742,383,141

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

$4,707

$856,243,827

$5,593,963,964

FISCAL YEAR 2012 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2012*

PRINCIPAL REFUNDED
THROUGH FY 2012*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2012

PER CAPITA
INTEREST PAID
DEBT
AS OF JUNE 30, 2012

INTEREST PAID
TO DATE

Mohave County
City
Community College
County
School District

$501,455,446
$4,815,000
$19,320,000
$136,880,000

$99,042,053
$605,000
$8,655,000
$41,700,000

$116,369
$0
$0
$0

$402,297,024
$4,210,000
$10,665,000
$95,180,000

$3,229
$21
$53
$475

$14,809,499
$176,451
$582,306
$4,757,741

$83,091,101
$1,021,818
$5,091,406
$33,962,478

Special District

$137,712,124

$67,025,922

$0

$70,686,202

$353

$2,779,725

$21,617,416

$116,369

$583,038,226

$2,909

$23,105,722

$144,784,219

$3,153,579
$0
$0
$655,000
$93,958

$29,337,979
$0
$9,135,000
$67,190,000
$14,872,734

$748
$0
$85
$627
$139

$1,042,424
$0
$459,060
$3,408,723
$938,799

$9,876,025
$0
$5,085,612
$26,326,221
$11,055,649

$3,902,537

$120,535,713

$1,124

$338,552,493
$21,620,000
$404,088,919
$301,160,000
$163,304,097

$522,977,260
$5,100,000
$39,420,000
$123,725,000
$0

$1,265,631,920
$3,280,000
$1,172,359,145
$592,875,000
$466,843,978

$2,005
$3
$1,189
$601
$473

$62,559,334
$273,725
$45,469,680
$28,180,076
$13,545,583

$580,606,201
$14,595,892
$221,586,808
$174,947,866
$53,473,336

$1,228,725,509

$691,222,260

$3,500,990,043

$3,550

$150,028,398

$1,045,210,103

$42,655,648
$10,625,000
$45,690,000
$87,056,979
$85,213,911

$9,660,000
$0
$18,630,000
$36,615,000
$55,921,429

$155,558,923
$98,850,000
$150,985,000
$240,553,853
$230,343,555

$809
$257
$393
$626
$599

$7,193,180
$3,016,875
$7,099,779
$10,285,905
$10,916,436

$32,404,944
$9,406,358
$55,361,514
$65,951,903
$74,840,023

$271,241,538

$120,826,429

$876,291,331

$2,281

Total Bonded Indebtedness for all Jurisdictions in Mohave
$217,027,975
Navajo County
City
Community College
County
School District
Special District

$43,369,113
$0
$13,920,000
$95,483,000
$26,119,785

$10,877,555
$0
$4,785,000
$27,638,000
$11,153,093

Total Bonded Indebtedness for all Jurisdictions in Navajo
$54,453,648

$5,849,006

$52,343,507

Pima County
City
Community College
County
School District
Special District

$2,127,161,673
$30,000,000
$1,615,868,064
$1,017,760,000
$630,148,075

Total Bonded Indebtedness for all Jurisdictions in Pima

Pinal County
City
Community College
County
School District
Special District

$207,874,571
$109,475,000
$215,305,000
$364,225,832
$371,478,895

Total Bonded Indebtedness for all Jurisdictions in Pinal

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

$38,512,175

$237,964,742

FISCAL YEAR 2012 EXECUTIVE SUMMARY
OF OUTSTANDING INDEBTEDNESS
LOCATION
ORIGINAL PRINCIPAL

JURISDICTION

PRINCIPAL RETIRED
THROUGH FY 2012*

PRINCIPAL REFUNDED
THROUGH FY 2012*

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2012

PER CAPITA
INTEREST PAID
DEBT
AS OF JUNE 30, 2012

INTEREST PAID
TO DATE

Santa Cruz County
City
Community College
County
School District

$43,157,235
$0
$24,565,000
$10,000,000

$6,911,143
$0
$1,235,000
$2,980,000

$0
$0
$0
$0

$36,246,092
$0
$23,330,000
$7,020,000

$1,649
$0
$384
$116

$1,692,418
$0
$881,663
$328,113

$9,598,694
$0
$3,070,436
$1,794,736

Special District

$56,915,000

$6,400,000

$0

$50,515,000

$1,050

$2,499,013

$9,713,318

$17,526,143

$0

$117,111,092

$2,435

$1,073,905,000
$1,778,749,693

$5,329,947,000
$13,034,339,433

$828
$1,883

$2,852,654,693

$18,364,286,433

$75,289,180
$28,450,000
$0
$15,185,000
$3,900,652

$275,763,150
$40,470,000
$0
$133,475,000
$69,533,978

$122,824,832

$519,242,128

Total Bonded Indebtedness for all Jurisdictions in Santa Cruz
$5,401,207

$24,177,184

Statewide District
Other
State Agency or University

$7,149,470,000
$18,376,370,000

$745,618,000
$3,563,280,874

$79,832,182
$448,500,009

$426,235,222
$2,623,412,975

Total Bonded Indebtedness for all Jurisdictions in Statewide District
$4,308,898,874

$2,852

$528,332,191

$3,049,648,197

$11,821,984
$1,731,111
$31,214
$6,526,938
$3,690,727

$103,008,984
$15,352,949
$1,784,134
$39,325,901
$31,002,492

Yavapai County
City
Community College
County
School District
Special District

$461,138,733
$85,090,000
$25,375,000
$193,610,000
$105,304,482

$110,086,403
$16,170,000
$25,375,000
$44,950,000
$31,869,852

$2,122
$192
$0
$632
$329

Total Bonded Indebtedness for all Jurisdictions in Yavapai
$228,451,255

$2,458

$23,801,974

$190,474,460

Yuma County
City

$508,119,681

$106,033,711

$0

$402,085,970

$2,874

$20,226,931

$112,000,037

Community College
County
School District
Special District

$73,850,000
$2,435,000
$125,225,000
$104,307,810

$9,090,000
$245,000
$64,805,000
$20,690,705

$0
$0
$7,620,000
$12,098,167

$64,760,000
$2,190,000
$52,800,000
$71,518,938

$293
$10
$252
$357

$3,057,257
$17,185
$3,192,435
$4,068,992

$20,146,902
$17,185
$31,085,022
$36,477,149

$200,864,416

$19,718,167

$593,354,908

$2,960

$30,562,800

$199,726,295

$11,514,967,670

$6,504,202,844

$43,287,837,330

$1,681,388,923

$10,682,755,886

Total Bonded Indebtedness for all Jurisdictions in Yuma

GRAND TOTAL

$61,307,007,844

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

$6,724

TABLE OF CONTENTS

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

SECTION ONE – BONDED INDEBTEDNESS
COUNTIES .......................................................................................................................... Page 5
Table 1 County Indebtedness .................................................................................... Page 7
CITIES/TOWNS ................................................................................................................... Page 9
Table 2 City/Town Indebtedness ............................................................................. Page 13
COMMUNITY COLLEGES ................................................................................................ Page 25
Table 3 Community College Indebtedness .............................................................. Page 27
SCHOOL DISTRICT .......................................................................................................... Page 29
Table 4 Apache County School District Indebtedness ............................................ Page 32
Table 5 Cochise County School District Indebtedness............................................ Page 34
Table 6 Coconino County School District Indebtedness ......................................... Page 37
Table 7 Gila County School District Indebtedness .................................................. Page 39
Table 8 Graham County School District Indebtedness............................................ Page 41
Table 9 Greenlee County School District Indebtedness .......................................... Page 42
Table 10 La Paz County School District Indebtedness ........................................... Page 43
Table 11 Maricopa County School District Indebtedness ........................................ Page 44
Table 12 Mohave County School District Indebtedness .......................................... Page 51
Table 13 Navajo County School District Indebtedness ........................................... Page 53
Table 14 Pima County School District Indebtedness .............................................. Page 55
Table 15 Pinal County School District Indebtedness............................................... Page 58
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 81
Table 24 Gila County Special District Indebtedness ............................................... Page 86
Table 25 Graham County Special District Indebtedness ......................................... Page 90
Table 26 Greenlee County Special District Indebtedness ....................................... Page 91
Table 27 La Paz County Special District Indebtedness........................................... Page 92
Table 28 Maricopa County Special District Indebtedness ....................................... Page 94
Table 29 Mohave County Special District Indebtedness ....................................... Page 110
Table 30 Navajo County Special District Indebtedness......................................... Page 115
Table 31 Pima County Special District Indebtedness............................................ Page 122
Table 32 Pinal County Special District Indebtedness ............................................ Page 127
Table 33 Santa Cruz County Special District Indebtedness .................................. Page 137
Table 34 Yavapai County Special District Indebtedness ....................................... Page 138
Table 35 Yuma County Special District Indebtedness .......................................... Page 144

TABLE OF CONTENTS
STATE AGENCIES AND UNIVERSITIES ......................................................................Page 147
Table 36 State Agency and University Indebtedness ............................................ Page 148
OTHER JURISDICTIONS ...............................................................................................Page 159
Table 37 Other Jurisdictions’ Indebtedness .......................................................... Page 160

SECTION TWO – NEW ISSUES
FY 2011/12 NEW ISSUES ..................................................................................................Page 163
Table 38 County Indebtedness .............................................................................. Page 165
Table 39 City/Town Indebtedness ......................................................................... Page 166
Table 40 Community College Indebtedness .......................................................... Page 167
Table 41 School District Indebtedness .................................................................. Page 168
Table 42 Special District Indebtedness ................................................................. Page 170
Table 43 State Agency, Universities and Other Indebtedness .............................. Page 171

SECTION THREE – LEASE PURCHASES
LEASE PURCHASES/THIRD PARTY FINANCING CONTRACTS ..................................Page 175
Table 44 Lease Purchase/Third Party Financing Contracts .................................. Page 176
Table 45 Jurisdictions reporting no Lease Purchase/Third Party Financing ......... Page 194

SECTION FOUR – NON REPORTING POLITICAL SUBDIVISIONS
Table 46 Jurisdictions Who Failed to Submit Bond Reports ................................. Page 217
Table 47 Jurisdictions Who Failed to Submit Lease Purchase Reports................ Page 218

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,
2011 through June 30, 2012 (FY 2011/12), 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.
State government and all local governments
are required to report interest paid in the
latest fiscal year and interest paid to date
pursuant to A.R.S. §§ 41-4601 and 41-4604.
State
government
consists
of
any
department, commission, board, institution or
other agency of the State receiving,
expending or disbursing state funds or
incurring obligations against the State. Local
governments consist of a county, city or town
with a population of more than 2,500
persons; any community college district and
school district with a student county of more
than 600 pupils; and a state university. This
excludes special districts and other
jurisdictions.
DOR is also required to
maintain
an
online
accessible
and
searchable database. The database can be
found at www.azdor.gov below the “Reports
& Research” and “Report of Bonded
Indebtedness” links.

"The department of revenue shall
ascertain and record in its office all
issues of bonds or other securities
issued for a term in excess of one
year by the state or a county, city,
town, school district, irrigation
district or other political subdivision
within the state."
The statutory language above, by referring to
“all issues of bonds or other securities”
requires the collection of information on all
debt including general obligation bonds,
revenue bonds, certificates of participation,
special district bonds, municipal property
corporation bonds, impact aid revenue
bonds, and lease purchases.
The statute also requires that the record will
show the date of issuance, amount,
denomination, rates of interest, maturity, etc.,
plus other information the department may
require.

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

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 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
$43.29 billion.

"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 Two provides information on new debt
issued. This information is summarized for

Page 1

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.

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

Section 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, Lease
Purchase reporting by the political subdivisions
has not been comprehensive. The data
presented is as complete and accurate as the
records submitted by the reporting political
subdivisions.

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.

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.

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
require 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 calculate
debt limitations was from the 2011 Property
Tax Rates and Assessed Values, issued by
the Arizona Tax Research Association.

Impact Aid Revenue bonds are paid from
revenues received through a federal program
designed to directly reimburse public schools
for the loss of traditional revenue sources due
to a federal presence or activity.
LEASE PURCHASES/THIRD PARTY
CONTRACTS
Lease purchases and third party contracts are
not bonded indebtedness. Information on
these obligations has been requested by the
department and included because of the
language in A.R.S. § 35-501, shown on the
first page of the Introduction to this report,
which states "other securities issued for a
term in excess of one year...” No lease
purchases or third party contracts with terms
of less than one year are included here.

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.

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 2011/12 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. Eleven counties
have reported outstanding debt totaling $1.5
billion at the end of FY 2011/12, a 13.1%
increase from the $1.3 billion reported for
FY2012. Detail of the outstanding debt
reported by the counties can be found in
Table 1. Four types of outstanding debt have
been reported:

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2012. However,
the year-end balances should reflect any July
1, 2012 payments if the payment amount has
been deposited into a dedicated fund for the
payment of principal.
GENERAL OBLIGATION DEBT
Pima County reported general obligation
debt, subject to the 15% county debt
limitation and had available capacity as
shown below and on Table 1.

9 $456 million in general obligation debt,
reported by one county;
9 $954 million in revenue bonds, reported
by nine counties;
9 $54 million in certificates of participation,
reported by four counties; and,
9 $59 million in municipal property
corporation debt, reported by one county.

COUNTY

Pima

DEBT

$1,267,242,238

$456,145,000

36%

REVENUE BONDS
Apache, Gila, La Paz, Maricopa, Navajo,
Pima, Pinal, Santa Cruz, and Yuma 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 2011/12 was
$954 million, after payments totaling $171.3
million during the fiscal year.

During FY 2011/12, $151.7 million of principal
was retired or refunded by counties.
Coconino County, Graham County, and
Greenlee County, reported no debt. Yavapai
County paid off all its debt in the fiscal year.
The following table lists debt by county, from
most debt to least debt. This table does not
allow for a 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
Santa Cruz
La Paz
Mohave
Navajo
Gila
Cochise
Apache
Yuma
Yavapai
Coconino
Graham
Greenlee

CAPACITY

% OF
CAPACITY
USED

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 2011/12 was
$54 million, after retiring and refunding $22.6
million during the fiscal year.

OUTSTANDING DEBT
$1,172,359,145
$150,985,000
$120,350,000
$23,330,000
$18,115,000
$10,665,000
$9,135,000
$7,205,000
$4,550,000
$3,980,000
$2,190,000
$0
$0
$0
$0

MUNICIPAL PROPERTY CORPORATION
DEBT
Pinal County reported municipal property
corporation debt. The outstanding balance at
the end of FY 2011/12 was $58.9 million. A
total of $2.8 million in principal was retired
and refunded during the fiscal year.
INTEREST
Counties are required to report interest paid
during the fiscal year and interest paid to date
per A.R.S. § 41-4604. The counties reported
interest paid during FY 2011/12 of $61.7
million on $1.5 billion of outstanding principal
as of June 30, 2012 and $363 million interest

Page 5

paid to date on 54 issues with an original
principal of $2.2 billion.

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

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. The average per capita debt
for counties with outstanding debt at the end
of the fiscal year is $250.72.

PER CAPITA DEBT
$1,188.91
$873.85
$392.95
$384.05
$134.48
$85.19
$53.21
$55.28
$33.37
$31.31
$10.47
$0
$0
$0
$0

The population measure used to calculate
per capita debt is the July 1, 2011
Department of Administration estimate.

Page 6

TABLE 1
COUNTY FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Apache
Revenue
Totals for Apache

1
1

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

$0
$0

$0
$0

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

$176,513
$176,513

$747,234

Certificate of Participation
Totals for Cochise

1
1

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

$4,300,000
$4,300,000

$650,000
$650,000

$4,550,000
$4,550,000

$216,262
$216,262

$2,733,364

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0

Totals for Coconino

Revenue
Totals for Gila

2
2

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

$490,000
$490,000

$305,000
$305,000

$7,205,000
$7,205,000

$323,500
$323,500

Totals for Graham

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Greenlee

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for La Paz

1
1

$18,115,000
$18,115,000

$0
$0

$0
$0

$18,115,000
$18,115,000

$594,329
$594,329

Certificate of Participation
Revenue
Totals for Maricopa

1
4
5

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

$4,600,000
$151,120,000
$155,720,000

$2,375,000
$11,205,000
$13,580,000

$0
$120,350,000
$120,350,000

$15,550
$5,812,695
$5,828,245

Certificate of Participation
Totals for Mohave

1
1

$19,320,000
$19,320,000

$7,400,000
$7,400,000

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

$10,665,000
$10,665,000

$582,306
$582,306

$5,091,406

Revenue
Totals for Navajo

2
2

$13,920,000
$13,920,000

$4,030,000
$4,030,000

$755,000
$755,000

$9,135,000
$9,135,000

$459,060
$459,060

$5,085,612

$747,234

Cochise
$2,733,364

Coconino
$0

Gila
$718,338
$718,338

Graham
$0
$0

Greenlee
$0
$0

La Paz
$594,329
$594,329

Maricopa
$2,733,013
$63,863,161
$66,596,174

Mohave
$5,091,406

Navajo

Page 7

$5,085,612

TABLE 1
COUNTY FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pima
Certificate of Participation
General Obligation
Revenue
Totals for Pima

2
10
17
29

$48,765,000
$714,760,000
$852,343,064
$1,615,868,064

$6,270,000
$185,785,000
$127,678,808
$319,733,808

$3,765,000
$72,830,000
$47,180,111
$123,775,111

$38,730,000
$456,145,000
$677,484,145
$1,172,359,145

$1,876,081
$17,010,752
$26,582,847
$45,469,680

$8,314,906
$96,419,245
$116,852,657

Municipal Property Corp
Revenue
Totals for Pinal

2
6
8

$102,415,000
$112,890,000
$215,305,000

$40,730,000
$15,705,000
$56,435,000

$2,785,000
$5,100,000
$7,885,000

$58,900,000
$92,085,000
$150,985,000

$2,970,557
$4,129,222
$7,099,779

$34,865,299
$20,496,215

Revenue
Totals for Santa Cruz

2
2

$24,565,000
$24,565,000

$800,000
$800,000

$435,000
$435,000

$23,330,000
$23,330,000

$881,663
$881,663

$3,070,436

Revenue
Totals for Yavapai

1
1

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

$22,575,000
$22,575,000

$2,800,000
$2,800,000

$0
$0

$31,214
$31,214

$1,784,134

Revenue
Totals for Yuma

1
1

$2,435,000
$2,435,000

$0
$0

$245,000
$245,000

$2,190,000
$2,190,000

$17,185
$17,185

$17,185

Certificate of Participation
General Obligation
Municipal Property Corp
Revenue

5
10
2
37

$84,560,000
$714,760,000
$102,415,000
$1,344,298,064

$22,570,000
$185,785,000
$40,730,000
$322,398,808

$8,045,000
$72,830,000
$2,785,000
$68,025,111

$53,945,000
$456,145,000
$58,900,000
$953,874,145

$2,690,199
$17,010,752
$2,970,557
$39,008,228

$18,872,689
$96,419,245
$34,865,299
$213,229,301

Grand Totals:

54

$2,246,033,064

$571,483,808

$151,685,111

$1,522,864,145

$61,679,736

$363,386,534

$1,267,242,238

$456,145,000

$221,586,808

Pinal

$55,361,514

Santa Cruz
$3,070,436

Yavapai
$1,784,134

Yuma

Page 8

$17,185

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, 2012, these
types of outstanding debt totaled $16.46
billion for cities and towns, a 1.1% decrease
from the $16.65 billion reported for FY 2011.
Of the 91 incorporated cities and towns in
Arizona, 74 had at least one of these types of
debt outstanding at the end of FY 2011/12;
17 reported no debt.

CITY/TOWN
OUTSTANDING DEBT
Scottsdale
$1,147,746,020
Tucson
$1,096,821,221
Glendale
$1,037,220,000
Tempe
$706,840,646
Chandler
$530,335,000
Gilbert
$470,115,000
Peoria
$333,697,652
Lake Havasu City
$303,108,024
Yuma
$284,458,818
Goodyear
$266,763,635
Queen Creek
$163,179,326
Flagstaff
$115,041,269
Casa Grande
$113,862,163
San Luis
$96,853,746
Avondale
$91,720,000
Surprise
$82,545,000
Prescott Valley
$71,189,762
Prescott
$69,251,813
Marana
$62,220,000
Cave Creek
$59,997,829
Tolleson
$59,889,215
Kingman
$59,645,369
Sedona
$55,080,000
Oro Valley
$53,095,000
Cottonwood
$49,740,000
Sahuarita
$45,590,699
Bullhead City
$39,543,631
Buckeye
$37,608,725
Nogales
$35,835,000
Sierra Vista
$34,045,000
El Mirage
$26,872,062
Williams
$24,458,530
Chino Valley
$21,785,634
Somerton
$20,773,406
Safford
$20,227,367
Maricopa
$18,520,000
Bisbee
$13,788,193
Douglas
$13,478,060
Page
$13,393,199
Show Low
$13,185,861
Payson
$9,852,247
Quartzsite
$8,710,298
Fountain Hills
$8,385,000
Paradise Valley
$8,200,000
Eloy
$8,031,758
South Tucson
$7,905,000
Florence
$6,150,088

Detail of the outstanding indebtedness of
cities and towns, in alphabetical order, can be
found in Table 2. The cities and towns
reported the following outstanding bonded
indebtedness as of June 30, 2012:

 $4.4 billion in general obligation debt,
reported by 22 cities and towns;

 $4.8 billion in revenue bonds, reported by
65 cities and towns;

 $6.8 billion in debt issued through
municipal property corporations, reported
by 35 cities and towns.

 $319.6

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

 $84.9 million in special assessment
debt 1, reported by 13 cities and towns;
During FY 2011/12, 25 municipalities issued
56 new issues totaling $1.7 billion ($1.2
billion for refunding and $0.5 billion for new
debt). Of all the cities and towns with
outstanding debt, Phoenix has the most with
$7.1 billion while Tombstone has the least
with $40,500. Ten municipalities with
outstanding debt in excess of $300 million
account for 86.3% of all outstanding debt.
CITY/TOWN
Phoenix
Mesa

OUTSTANDING DEBT
$7,077,098,068
$1,494,554,974

1

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

Page 9

CITY/TOWN
OUTSTANDING DEBT
Clarkdale
$5,885,000
Benson
$5,035,000
Willcox
$4,804,466
Taylor
$4,595,118
Winslow
$4,295,000
Coolidge
$4,141,914
Fredonia
$4,061,769
St. Johns
$3,980,130
Snowflake
$3,975,000
Globe
$3,929,408
Eagar
$3,891,422
Apache Junction
$3,055,000
Holbrook
$2,922,000
Camp Verde
$2,600,000
Guadalupe
$2,520,000
Thatcher
$2,175,000
Wickenburg
$1,947,940
Superior
$950,000
Parker
$899,332
Kearny
$848,000
Duncan
$706,302
Patagonia
$411,092
Pinetop-Lakeside
$365,000
Jerome
$230,941
Tombstone
$40,500
Carefree
$0
Clifton
$0
Colorado City
$0
Dewey-Humboldt
$0
Gila Bend
$0
Hayden
$0
Huachuca City
$0
Litchfield Park
$0
Mammoth
$0
Miami
$0
Pima
$0
Springerville
$0
Star Valley
$0
Tusayan
$0
Wellton
$0
Winkelman
$0
Youngtown
$0
Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2012. However,
the year-end balances will reflect any July 1,
2012 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, 2012 was $4.4 billion,
or 26.9% of all outstanding debt. General obligation
debt was reported by 22 of the 91 incorporated cities
and towns. General obligation debt issued by a city
or town is subject to the 6% debt limit or an additional
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 the
current debt capacity. Of the cities reporting general
obligation debt for FY 2011/12, no city or town
exceeded its 6% or additional 20% constitutional
debt limit.
CITY / TOWN
Avondale
Casa Grande
Chandler

CURRENT
CAPACITY
$104,624,951

DEBT

% OF
CAPACITY
USED

$31,545,000

30.2%

$96,238,917

$24,565,000

25.5%

$641,842,920

$417,855,000

65.1%

Cottonwood

$29,997,360

$150,000

0.50%

El Mirage

$28,095,383

$13,035,000

46.4%

Flagstaff
Fountain
Hills
Gilbert

$205,756,704

$46,366,115

22.5%

$117,483,635

$3,755,000

3.2%

$483,910,430

$163,335,000

33.8%

Glendale

$341,524,983

$185,495,000

54.3%

Goodyear
Lake Havasu
City
Maricopa

$174,980,476

$118,395,000

67.7%

$147,612,951

$73,616,685

49.9%

$57,262,311

$18,520,000

32.3%

Mesa

$822,712,101

$290,270,000

35.3%

Payson

$52,892,061

$2,415,000

4.6%

Peoria

$331,985,351

$162,375,000

48.9%

$3,209,381,124

$1,588,275,204

49.5%

Phoenix

Page 10

CITY / TOWN
Prescott
Scottsdale
Tempe

CURRENT
CAPACITY

DEBT

% OF
CAPACITY
USED

$167,662,083

$2,170,000

1.3%

$1,479,917,378

$594,425,000

40.2%

$508,905,439

$432,915,646

85.1%

Tolleson

$56,509,059

$39,656,625

70.2%

Tucson

$906,869,504

$209,071,010

23.1%

Willcox

$5,819,615

$972,000

16.7%

Cities and towns retired and refunded $530.2 million
in outstanding general obligation principal during the
fiscal year. Cities with general obligation debt in
excess of $200 million, in order of most to least debt,
are: Phoenix, Scottsdale, Tempe, Chandler, Mesa,
and Tucson.
REVENUE BONDS
Total outstanding debt from revenue bonds as of
June 30, 2012 was $4.8 billion, or 29.4% of total
outstanding debt. There were 65 cities and towns
with outstanding revenue bonds. Cities retired and
refunded $624.7 million in principal in the fiscal year.
The cities with revenue bond debt in excess of $200
million, in order of most to least debt, are: Mesa,
Tucson, Scottsdale, Glendale, Yuma, Tempe and
Lake Havasu City.
MUNICIPAL PROPERTY CORPORATION DEBT
Municipal property corporation debt was reported in
35 cities and towns for FY 2011/12, with an
outstanding balance at the end of the fiscal year of
$6.8 billion. This represents 41.2% of total
outstanding debt. Cities retired and refunded $729.8
million in the fiscal year. Outstanding debt amounts
ranged from $5.4 billion for Phoenix to $190,000 for
Clarkdale.
CERTIFICATES OF PARTICIPATION
Eight cities and towns reported certificates of
participation with total outstanding principal on June
30, 2012 of $319.6 million, or 1.9% of total debt. A
total of $40.1 million in principal was retired and
refunded in the fiscal year. Tucson, with $252.8
million, and Phoenix, with $26.9 million, account for
87.5% 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. Thirteen cities and towns reported special
assessment debt totaling $84.9 million.

Page 11

Cities retired and refunded $7.5 million in
special assessment principal in FY 2011/12.
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.
INTEREST
Cities and towns with a population greater
than 2,500 persons are required to report
interest paid during the fiscal year and
interest paid to date per A.R.S. § 41-4604.
Huachuca City paid all outstanding debt
during FY 2011/12 and Tombstone had
total outstanding debt of $40,500.
However, they were not required to report
interest because their population is below
the 2,500 threshold. The remaining cities
and towns reported interest paid during FY
2011/12 of $775.6 million on $16.46 billion
of outstanding principal as of June 30, 2012
and $5.15 billion interest paid to date on
787 issues with an original principal of
$22.3 billion.
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
$11,869.01
Tolleson
$9,155.97
Williams
$8,141.99
Queen Creek
$5,995.27
Lake Havasu City
$5,783.84
Sedona
$5,507.45
Scottsdale
$5,265.74
Phoenix
$4,874.15
Glendale
$4,560.29
Cottonwood
$4,426.45
Tempe
$4,349.71
Goodyear
$3,961.62
Mesa
$3,387.78
San Luis
$3,164.43
Fredonia
$3,119.64
Yuma
$3,095.11
Bisbee
$2,518.85

CITY/TOWN
Quartzsite
Casa Grande
Chandler
Gilbert
Peoria
Kingman
Tucson
Safford
Chino Valley
Prescott Valley
Page
Sahuarita
Flagstaff
Prescott
Marana
Nogales
Clarkdale
Somerton
South Tucson
Willcox
Oro Valley
Show Low
Avondale
St. Johns
Taylor
Duncan
Bullhead City
Benson
El Mirage
Eagar
Douglas
Sierra Vista
Buckeye
Snowflake
Surprise
Payson
Paradise Valley
Holbrook
Globe
Jerome

PER CAPITA DEBT
$2,334.57
$2,286.21
$2,224.74
$2,201.75
$2,142.37
$2,127.99
$2,097.91
$2,088.53
$2,015.70
$1,836.25
$1,817.51
$1,777.76
$1,742.71
$1,736.81
$1,735.18
$1,701.32
$1,440.99
$1,435.62
$1,398.37
$1,301.32
$1,290.19
$1,232.44
$1,200.65
$1,137.51
$1,121.85
$1,010.45
$1,004.97
$991.73
$843.39
$793.36
$787.36
$754.91
$718.63
$714.03
$697.47
$644.57
$632.13
$584.05
$523.71
$521.31

CITY/TOWN
PER CAPITA DEBT
Eloy
$468.30
Winslow
$448.10
Patagonia
$444.90
Thatcher
$440.02
Kearny
$429.80
Guadalupe
$427.48
Maricopa
$416.65
Fountain Hills
$371.77
Coolidge
$344.76
Superior
$331.36
Wickenburg
$305.37
Parker
$289.08
Camp Verde
$239.65
Florence
$236.81
Pinetop-Lakeside
$85.50
Apache Junction
$83.61
Tombstone
$29.82
Carefree
$0.00
Clifton
$0.00
Colorado City
$0.00
Dewey-Humboldt
$0.00
Gila Bend
$0.00
Hayden
$0.00
Huachuca City
$0.00
Litchfield Park
$0.00
Mammoth
$0.00
Miami
$0.00
Pima
$0.00
Springerville
$0.00
Star Valley
$0.00
Tusayan
$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
Administration July 1, 2011 Population
Estimates.

Page 12

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Apache Junction
1
1
2

$9,965,000
$3,800,000
$13,765,000

$9,645,000
$590,000
$10,235,000

$320,000
$155,000
$475,000

$0
$3,055,000
$3,055,000

Revenue
Totals for Avondale

5
8
13

$42,320,000
$106,680,000
$149,000,000

$7,935,000
$39,010,000
$46,945,000

$2,840,000
$7,495,000
$10,335,000

$31,545,000
$60,175,000
$91,720,000

Revenue
Totals for Benson

2
2

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

$0
$0

$205,000
$205,000

$5,035,000
$5,035,000

Municipal Property Corp
Revenue
Totals for Bisbee

1

$467,056

$421,033

$46,023

$0

$1,950

$226,268

2
3

$17,053,685
$17,520,741

$2,561,979
$2,983,012

$703,513
$749,536

$13,788,193
$13,788,193

$389,755
$391,705

$2,662,869
$2,889,137

Revenue
Totals for Buckeye

5
5

$40,125,000
$40,125,000

$1,029,766
$1,029,766

$1,486,509
$1,486,509

$37,608,725
$37,608,725

$1,336,076
$1,336,076

$7,262,935
$7,262,935

Municipal Property Corp
Special Assessment
Totals for Bullhead City

3
2
5

$57,770,000
$17,485,000
$75,255,000

$15,330,000
$15,600,000
$30,930,000

$3,871,369
$910,000
$4,781,369

$38,568,631
$975,000
$39,543,631

$1,851,323
$114,985
$1,966,308

$12,249,943
$2,615,528
$14,865,471

Revenue
Totals for Camp Verde

2
2

$3,045,000
$3,045,000

$360,000
$360,000

$85,000
$85,000

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

$102,793
$102,793

$626,199
$626,199

Totals for Carefree

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2
8
10

$30,000,000
$115,410,735
$145,410,735

$4,890,000
$11,307,796
$16,197,796

$545,000
$14,805,776
$15,350,776

$24,565,000
$89,297,163
$113,862,163

$1,116,331
$4,163,617
$5,279,948

$3,882,843
$14,661,639
$18,544,482

Municipal Property Corp
Revenue
Totals for Apache Junction

$7,200
$150,350
$157,550

$2,976,383
$848,772
$3,825,155

$2,119,072
$2,856,629
$4,975,701

$7,647,483
$22,374,196
$30,021,679

$194,351
$194,351

$292,807
$292,807

Avondale
General Obligation

$24,144,219

$1,015,000

$80,480,732

$30,530,000

Benson

Bisbee

Buckeye

Bullhead City

Camp Verde

Carefree

Casa Grande
General Obligation
Revenue
Totals for Casa Grande

$22,208,981

Page 13

$2,694,000

$74,029,936

$21,871,000

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

2
1

$2,700,000
$5,185,000

$1,220,000
$4,085,000

$165,000
$1,100,000

$1,315,000
$0

$71,247
$57,750

$1,593,779
$1,132,655

9
12

$70,970,401
$78,855,401

$9,355,949
$14,660,949

$2,931,623
$4,196,623

$58,682,829
$59,997,829

$2,128,313
$2,257,310

$9,619,602
$12,346,036

General Obligation
Revenue
Totals for Chandler

19
17
36

$515,085,000
$193,795,000
$708,880,000

$75,950,000
$67,940,000
$143,890,000

$21,280,000
$13,375,000
$34,655,000

$417,855,000
$112,480,000
$530,335,000

$18,194,315
$5,156,309
$23,350,624

$93,622,135
$48,017,741
$141,639,876

Municipal Property Corp
Revenue
Totals for Chino Valley

2
6
8

$2,927,000
$20,978,000
$23,905,000

$105,622
$1,635,037
$1,740,659

$61,331
$317,376
$378,707

$2,760,047
$19,025,587
$21,785,634

$115,229
$672,193
$787,422

$478,317
$1,909,097
$2,387,414

Municipal Property Corp
Revenue
Totals for Clarkdale

1
2
3

$665,000
$5,900,000
$6,565,000

$450,000
$175,000
$625,000

$25,000
$30,000
$55,000

$190,000
$5,695,000
$5,885,000

$13,510
$8,671
$22,181

$379,656
$101,352
$481,008

Totals for Clifton

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Colorado City

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Coolidge

1
2
3

$3,795,000
$2,197,070
$5,992,070

$1,170,000
$388,416
$1,558,416

$175,000
$116,740
$291,740

$2,450,000
$1,691,914
$4,141,914

$111,150
$41,840
$152,990

$1,216,125
$298,861
$1,514,986

General Obligation
Revenue
Totals for Cottonwood

2
5
7

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

$2,410,000
$9,210,000
$11,620,000

$140,000
$2,075,000
$2,215,000

$150,000
$49,590,000
$49,740,000

$16,050
$2,356,185
$2,372,235

$873,180
$15,766,039
$16,639,219

$9,068,293

$0

$30,227,645

$0

Chandler
$148,117,597

$10,869,000

$493,725,323

$406,986,000

Chino Valley

Clarkdale

Clifton

Colorado City

Coolidge
Certificates of Participation

Cottonwood
$6,922,468

Page 14

$150,000

$23,074,892

$0

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Dewey-Humboldt
Totals for Dewey-Humboldt

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Municipal Property Corp
Revenue
Totals for Douglas

1
3
4

$4,165,000
$13,500,000
$17,665,000

$2,305,700
$806,160
$3,111,860

$494,300
$580,780
$1,075,080

$1,365,000
$12,113,060
$13,478,060

$58,856
$250,158
$309,014

$773,344
$796,325
$1,569,669

Revenue
Totals for Duncan

1
1

$800,000
$800,000

$80,343
$80,343

$13,355
$13,355

$706,302
$706,302

$31,685
$31,685

$311,493
$311,493

Revenue
Totals for Eagar

5
5

$9,356,000
$9,356,000

$5,118,966
$5,118,966

$345,612
$345,612

$3,891,422
$3,891,422

$167,435
$167,435

$1,355,768
$1,355,768

3
7
10

$15,600,000
$20,383,521
$35,983,521

$1,955,000
$5,439,468
$7,394,468

$610,000
$1,106,991
$1,716,991

$13,035,000
$13,837,062
$26,872,062

$615,332
$411,997
$1,027,329

$3,049,098
$2,317,659
$5,366,757

5
5

$9,381,766
$9,381,766

$994,643
$994,643

$355,365
$355,365

$8,031,758
$8,031,758

$202,741
$202,741

$1,123,740
$1,123,740

Douglas

Duncan

Eagar

El Mirage
General Obligation
Revenue
Totals for El Mirage

$6,483,550

$0

$21,611,833

$13,035,000

Eloy
Revenue
Totals for Eloy
Flagstaff
Certificates of Participation
General Obligation
Municipal Property Corp
Revenue
Totals for Flagstaff

1

$4,960,000

$435,000

$0

$4,525,000

13
2
12
28

$72,476,115
$29,700,000
$78,730,760
$185,866,875

$22,545,000
$11,255,000
$15,592,408
$49,827,408

$3,565,000
$14,875,000
$2,558,198
$20,998,198

$46,366,115
$3,570,000
$60,580,154
$115,041,269

3
3

$10,325,000
$10,325,000

$3,251,543
$3,251,543

$923,369
$923,369

$6,150,088
$6,150,088

$47,482,316

$0

$158,274,388

$46,366,115

$142,032

$399,042

$772,821
$543,864
$1,169,876
$2,628,593

$10,410,821
$9,509,888
$13,743,197
$34,062,948

$296,084
$296,084

$2,908,501
$2,908,501

Florence
Revenue
Totals for Florence

Page 15

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Fountain Hills
General Obligation
Municipal Property Corp
Totals for Fountain Hills

1
4
5

$7,225,000
$21,405,000
$28,630,000

$2,630,000
$13,725,000
$16,355,000

$840,000
$3,050,000
$3,890,000

$3,755,000
$4,630,000
$8,385,000

Revenue
Totals for Fredonia

5
5

$4,625,320
$4,625,320

$453,609
$453,609

$109,942
$109,942

Totals for Gila Bend

0
0

$0
$0

$0
$0

$27,111,608

$0

$90,372,027

$3,755,000

$177,313
$224,907
$402,220

$1,424,844
$7,268,763
$8,693,607

$4,061,769
$4,061,769

$193,220
$193,220

$845,107
$845,107

$0
$0

$0
$0

$0
$0

$0
$0

$8,015,375
$13,536,575

$42,166,928
$92,061,526

$1,293,588
$574,655
$23,420,193

$17,909,432
$3,512,937
$155,650,823

$9,009,154
$27,278,867
$18,399,022
$54,687,043

$59,490,119
$155,894,476
$111,686,473
$327,071,068

$139,541
$139,541

$1,136,450
$1,136,450

$5,680,266
$4,336,451
$3,187,269
$13,203,986

$32,794,605
$22,180,462
$7,911,410
$62,886,477

$119,571
$119,571

$1,351,437
$1,351,437

Fredonia

Gila Bend

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

3
6

$223,065,000
$433,825,000

$47,150,000
$117,560,000

$12,580,000
$55,380,000

$163,335,000
$260,885,000

3
2
14

$77,170,000
$15,185,000
$749,245,000

$20,555,000
$3,770,000
$189,035,000

$21,735,000
$400,000
$90,095,000

$34,880,000
$11,015,000
$470,115,000

General Obligation
Municipal Property Corp
Revenue
Totals for Glendale

8
13
11
32

$294,385,000
$514,285,000
$528,972,949
$1,337,642,949

$92,705,000
$30,500,000
$48,487,905
$171,692,905

$16,185,000
$11,535,000
$101,010,044
$128,730,044

$185,495,000
$472,250,000
$379,475,000
$1,037,220,000

1
1

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

$901,868
$901,868

$168,724
$168,724

$3,929,408
$3,929,408

10
4
8
22

$159,945,000
$108,715,000
$79,015,866
$347,675,866

$25,935,000
$2,650,000
$7,237,206
$35,822,206

$15,615,000
$28,325,000
$1,150,025
$45,090,025

$118,395,000
$77,740,000
$70,628,635
$266,763,635

1
1

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

$735,000
$735,000

$200,000
$200,000

$2,520,000
$2,520,000

$111,671,638

$0

$372,238,792

$163,335,000

Glendale
$78,813,458

$12,634,242

$262,711,525

$172,860,758

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

$40,380,110

$265,000

$134,600,366

$118,130,000

Guadalupe
Revenue
Totals for Guadalupe

Page 16

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Hayden
Totals for Hayden

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Holbrook

3
3

$9,004,000
$9,004,000

$2,626,421
$2,626,421

$3,455,579
$3,455,579

$2,922,000
$2,922,000

$38,106
$38,106

$1,785,460
$1,785,460

**

**

General Obligation
Revenue
Totals for Huachuca City

1
1
2

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

$48,000
$510,000
$558,000

$2,000
$40,000
$42,000

$0
$0
$0

Revenue
Totals for Jerome

1
1

$300,000
$300,000

$60,802
$60,802

$8,257
$8,257

$230,941
$230,941

$10,578
$10,578

$122,244
$122,244

Revenue
Totals for Kearny

2
2

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

$437,000
$437,000

$15,000
$15,000

$848,000
$848,000

$22,088
$22,088

$971,007
$971,007

Municipal Property Corp
Revenue
Special Assessment
Totals for Kingman

1
4
4
9

$4,455,000
$61,330,556
$13,899,707
$79,685,263

$3,150,000
$8,786,037
$4,571,090
$16,507,127

$295,000
$2,146,196
$1,091,571
$3,532,767

$1,010,000
$50,398,323
$8,237,046
$59,645,369

$85,250
$1,443,192
$508,472
$2,036,914

$2,331,608
$6,083,833
$3,949,916
$12,365,357

3
12
15

$89,202,500
$257,312,683
$346,515,183

$11,635,659
$21,035,312
$32,670,971

$3,950,156
$6,786,032
$10,736,188

$73,616,685
$229,491,339
$303,108,024

$2,260,243
$8,546,034
$10,806,277

$15,009,948
$40,850,325
$55,860,273

Totals for Litchfield Park

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Mammoth

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Holbrook

Huachuca City
$647,518

$0

$2,158,392

$0

Jerome

Kearny

Kingman

Lake Havasu City
General Obligation
Revenue
Totals for Lake Havasu City

$34,064,527

$0

$113,548,424

$73,616,685

Litchfield Park

Mammoth

** Population less than 2,500 persons
Page 17

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Marana
Municipal Property Corp
Totals for Marana

4
4

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

$11,370,000
$11,370,000

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

$62,220,000
$62,220,000

$3,087,194
$3,087,194

$16,786,861
$16,786,861

General Obligation
Totals for Maricopa

1
1

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

$730,000
$730,000

$750,000
$750,000

$18,520,000
$18,520,000

$13,214,379

$0

$44,047,932

$18,520,000

$1,020,546
$1,020,546

$2,481,253
$2,481,253

General Obligation
Revenue
Special Assessment
Totals for Mesa

14
38
2
54

$394,355,000
$1,716,952,810
$9,116,840
$2,120,424,650

$51,665,000
$348,659,497
$3,310,840
$403,635,337

$52,420,000
$169,070,339
$744,000
$222,234,339

$290,270,000
$1,199,222,974
$5,062,000
$1,494,554,974

$189,856,639

$1,370,038

$632,855,462

$288,899,962

$12,480,713
$53,400,834
$297,160
$66,178,707

$88,081,020
$397,840,019
$2,423,746
$488,344,785

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue
Totals for Nogales

3
2
5

$24,000,000
$18,480,000
$42,480,000

$2,360,000
$3,240,000
$5,600,000

$240,000
$805,000
$1,045,000

$21,400,000
$14,435,000
$35,835,000

$1,053,675
$622,921
$1,676,596

$7,224,665
$2,325,931
$9,550,596

Municipal Property Corp
Revenue
Special Assessment
Totals for Oro Valley

3
4
1
8

$65,310,000
$27,835,000
$3,945,000
$97,090,000

$18,196,250
$1,495,000
$1,025,000
$20,716,250

$22,643,750
$400,000
$235,000
$23,278,750

$24,470,000
$25,940,000
$2,685,000
$53,095,000

$2,183,819
$317,345
$129,703
$2,630,867

$18,025,726
$1,717,352
$1,211,097
$20,954,175

Municipal Property Corp

2
1
3

$15,010,000
$11,730,000
$26,740,000

$890,195
$0
$890,195

$12,456,606
$0
$12,456,606

$1,663,199
$11,730,000
$13,393,199

$500,744
$116,656
$617,400

$8,154,525
$116,656
$8,271,181

1
1

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

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

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

$8,200,000
$8,200,000

$332,937
$332,937

$1,124,060
$1,124,060

Maricopa

Mesa

Miami
Totals for Miami
Nogales
Municipal Property Corp

Oro Valley

Page
Revenue
Totals for Page
Paradise Valley
Municipal Property Corp
Totals for Paradise Valley

Page 18

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Parker
Municipal Property Corp
Revenue
Totals for Parker

1
2
3

$600,000
$4,665,000
$5,265,000

$217,073
$3,725,000
$3,942,073

$18,595
$405,000
$423,595

$364,332
$535,000
$899,332

$19,514
$32,544
$52,058

$204,840
$1,620,341
$1,825,181

Municipal Property Corp
Revenue
Totals for Patagonia

1
1
2

$302,235
$375,000
$677,235

$33,516
$218,225
$251,741

$13,874
$528
$14,402

$254,845
$156,247
$411,092

$10,806
$5,016
$15,822

$39,349
$8,749
$48,098

Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Payson

1
3
2
2
8

$545,000
$4,640,000
$7,445,000
$3,017,000
$15,647,000

$410,000
$1,820,000
$432,795
$2,117,000
$4,779,795

$90,000
$405,000
$254,958
$265,000
$1,014,958

$45,000
$2,415,000
$6,757,247
$635,000
$9,852,247

$5,040
$109,878
$43,263
$49,142
$207,323

$88,209
$629,581
$333,993
$1,551,922
$2,603,705

7
3
15
25

$266,330,000
$61,595,000
$200,318,806
$528,243,806

$81,680,000
$7,110,000
$47,224,391
$136,014,391

$22,275,000
$2,670,000
$33,586,763
$58,531,763

$162,375,000
$51,815,000
$119,507,652
$333,697,652

$6,817,360
$2,365,376
$4,253,056
$13,435,792

$39,154,410
$10,255,323
$31,051,699
$80,461,432

1
19
51

$35,465,000
$2,284,269,249
$6,554,677,352

$8,495,000
$443,315,552
$597,790,000

$25,000
$252,678,493
$519,600,209

$26,945,000
$1,588,275,204
$5,437,287,143

$1,282,528
$65,746,615
$264,635,314

$11,750,140
$498,395,473
$1,700,393,488

7
5
83

$79,034,462
$589,707
$8,954,035,770

$47,500,997
$374,535
$1,097,476,084

$7,099,330
$58,586
$779,461,618

$24,434,135
$156,586
$7,077,098,068

$16,300,646
$12,826
$347,977,929

$42,334,799
$190,908
$2,253,064,808

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$1,585,000
$1,585,000

$170,000
$170,000

$365,000
$365,000

$23,905
$23,905

$793,136
$793,136

Patagonia

Payson
$12,205,860

$2,215,000

$40,686,201

$200,000

$76,612,004

$1,665,000

$255,373,347

$160,710,000

$740,626,413

$370,195,000

$2,468,754,711

$1,218,080,204

Peoria
General Obligation
Municipal Property Corp
Revenue
Totals for Peoria
Phoenix
Certificates of Participation
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Phoenix
Pima
Totals for Pima
Pinetop-Lakeside
Municipal Property Corp
Totals for Pinetop-Lakeside

Page 19

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

2
5

$17,405,000
$52,470,000

$13,810,000
$6,410,000

$1,425,000
$4,661,000

$2,170,000
$41,399,000

9
2
18

$33,851,263
$4,390,000
$108,116,263

$8,101,147
$3,035,000
$31,356,147

$1,097,303
$325,000
$7,508,303

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

1
6
4
2
13

$15,910,000
$70,240,000
$41,482,470
$13,670,000
$141,302,470

$1,785,000
$8,050,000
$10,657,172
$12,654,000
$33,146,172

1
2
3

$7,215,000
$3,720,000
$10,935,000

9
1
10

Revenue
Totals for Safford

$38,691,250

$1,335,000

$128,970,833

$835,000

$156,850
$2,136,433

$6,290,339
$11,345,159

$24,652,813
$1,030,000
$69,251,813

$772,858
$57,755
$3,123,896

$2,946,429
$1,566,475
$22,148,402

$645,000
$26,585,000
$9,270,536
$466,000
$36,966,536

$13,480,000
$35,605,000
$21,554,762
$550,000
$71,189,762

$592,913
$1,217,763
$1,025,126
$39,952
$2,875,754

$2,518,067
$10,600,610
$7,558,787
$8,560,668
$29,238,132

$592,082
$1,321,150
$1,913,232

$197,918
$113,552
$311,470

$6,425,000
$2,285,298
$8,710,298

$301,925
$95,201
$397,126

$1,663,017
$989,967
$2,652,984

$134,835,000
$54,080,000
$188,915,000

$17,189,882
$3,830,000
$21,019,882

$3,305,792
$1,410,000
$4,715,792

$114,339,326
$48,840,000
$163,179,326

$6,998,229
$3,733,500
$10,731,729

$30,362,887
$15,010,206
$45,373,093

7
7

$35,820,000
$35,820,000

$13,196,246
$13,196,246

$2,396,387
$2,396,387

$20,227,367
$20,227,367

$835,830
$835,830

$6,609,194
$6,609,194

Revenue
Totals for Sahuarita

4
4

$54,388,187
$54,388,187

$6,585,300
$6,585,300

$2,212,188
$2,212,188

$45,590,699
$45,590,699

$1,951,288
$1,951,288

$9,607,505
$9,607,505

Municipal Property Corp
Revenue
Totals for San Luis

3
5
8

$87,960,000
$15,280,550
$103,240,550

$4,180,000
$51,625
$4,231,625

$1,540,000
$615,179
$2,155,179

$82,240,000
$14,613,746
$96,853,746

$5,230,624
$1,061,427
$6,292,051

$25,745,788
$3,172,234
$28,918,022

Prescott Valley

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

Sahuarita

San Luis

Page 20

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Scottsdale
2
12

$27,650,000
$727,635,000

$4,240,433
$104,895,000

$5,378,869
$28,315,000

$18,030,698
$594,425,000

15
1
30

$781,865,322
$7,500,000
$1,544,650,322

$228,250,000
$6,000,000
$343,385,433

$19,075,000
$750,000
$53,518,869

Municipal Property Corp
Revenue
Totals for Sedona

1
8
9

$41,035,000
$73,295,000
$114,330,000

$25,495,000
$20,510,000
$46,005,000

Revenue
Totals for Show Low

4
4

$15,605,000
$15,605,000

Municipal Property Corp
Revenue
Totals for Sierra Vista

2
1
3

Revenue
Totals for Snowflake

2
2

Municipal Property Corp
Revenue
Totals for Somerton

4
6
10

Municipal Property Corp
Totals for South Tucson

1
1

Totals for Springerville

0
0

Certificates of Participation
General Obligation
Revenue
Special Assessment
Totals for Scottsdale

$635,551
$25,709,998

$2,402,411
$173,666,248

$534,540,322
$750,000
$1,147,746,020

$25,833,157
$50,625
$52,229,331

$145,497,879
$2,205,000
$323,771,538

$9,235,000
$4,010,000
$13,245,000

$6,305,000
$48,775,000
$55,080,000

$292,362
$2,234,763
$2,527,125

$13,508,146
$17,858,220
$31,366,366

$1,789,434
$1,789,434

$629,705
$629,705

$13,185,861
$13,185,861

$487,050
$487,050

$2,382,101
$2,382,101

$32,520,000
$8,300,000
$40,820,000

$4,445,000
$0
$4,445,000

$2,330,000
$0
$2,330,000

$25,745,000
$8,300,000
$34,045,000

$1,107,020
$0
$1,107,020

$4,127,088
$0
$4,127,088

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

$1,128,000
$1,128,000

$210,000
$210,000

$3,975,000
$3,975,000

$189,438
$189,438

$1,832,467
$1,832,467

$8,212,848

$459,660

$1,024,156

$6,729,032

$262,300

$1,229,472

$16,961,363
$25,174,211

$1,919,093
$2,378,753

$997,896
$2,022,052

$14,044,374
$20,773,406

$461,681
$723,981

$2,311,346
$3,540,818

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

$0
$0

$0
$0

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

$470,850
$470,850

$2,184,221
$2,184,221

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$341,519,395

$69,750,000

$1,138,397,983

$524,675,000

Sedona

Show Low

Sierra Vista

Snowflake

Somerton

South Tucson

Springerville

Page 21

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

St. Johns
Municipal Property Corp
Revenue
Totals for St. Johns

1
3
4

$1,257,000
$3,406,045
$4,663,045

$0
$605,540
$605,540

$0
$77,375
$77,375

$1,257,000
$2,723,130
$3,980,130

$0
$19,489
$19,489

$0
$454,019
$454,019

Totals for Star Valley

0
0

$0
$0

$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

$385,000
$280,000
$665,000

$85,000
$0
$85,000

$730,000
$220,000
$950,000

$50,720
$10,513
$61,233

$940,907
$94,913
$1,035,820

Municipal Property Corp
Revenue
Totals for Surprise

2

$93,535,000

$7,750,000

$3,240,000

$82,545,000

$3,982,164

$26,419,446

1
3

$1,449,465
$94,984,465

$124,705
$7,874,705

$1,324,760
$4,564,760

$0
$82,545,000

$26,495
$4,008,659

$73,677
$26,493,123

Municipal Property Corp
Revenue
Totals for Taylor

1
2
3

$500,000
$4,532,113
$5,032,113

$90,000
$129,110
$219,110

$20,000
$197,885
$217,885

$390,000
$4,205,118
$4,595,118

$19,550
$86,481
$106,031

$234,716
$207,223
$441,939

18
12
30

$587,575,302
$394,145,000
$981,720,302

$113,504,210
$67,860,000
$181,364,210

$41,155,446
$52,360,000
$93,515,446

$432,915,646
$273,925,000
$706,840,646

$18,106,410
$7,888,051
$25,994,461

$105,838,492
$54,677,562
$160,516,054

1
1

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

$230,000
$230,000

$95,000
$95,000

$2,175,000
$2,175,000

$156,572
$156,572

$460,786
$460,786

8
2
1
11

$68,040,000
$17,660,000
$4,000,000
$89,700,000

$14,725,571
$645,000
$293,400
$15,663,971

$13,657,804
$335,000
$154,010
$14,146,814

$39,656,625
$16,680,000
$3,552,590
$59,889,215

$1,415,858
$374,110
$122,466
$1,912,434

$10,587,050
$1,235,212
$366,232
$12,188,494

Star Valley

Superior

Surprise

Taylor

Tempe
General Obligation
Revenue
Totals for Tempe

$117,439,717

$14,915,000

$391,465,722

$418,000,646

Thatcher
Revenue
Totals for Thatcher
Tolleson
General Obligation
Municipal Property Corp
Revenue
Totals for Tolleson

$13,040,552

Page 22

$0

$43,468,507

$39,656,625

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

Tombstone
1
1

$586,500
$586,500

$534,000
$534,000

$12,000
$12,000

$40,500
$40,500

13
22
53
19
107

$336,445,000
$485,620,720
$1,062,517,000
$6,855,766
$1,891,438,486

$49,985,000
$240,200,110
$319,339,785
$3,803,766
$613,328,661

$33,655,000
$36,349,600
$110,701,004
$583,000
$181,288,604

$252,805,000
$209,071,010
$632,476,211
$2,469,000
$1,096,821,221

Totals for Tusayan

0
0

$0
$0

$0
$0

$0
$0

Totals for Wellton

0
0

$0
$0

$0
$0

Revenue
Totals for Wickenburg

1
1

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

General Obligation
Municipal Property Corp
Revenue
Totals for Willcox

3
1
3
7

Municipal Property Corp
Revenue
Totals for Williams

Totals for Winkelman

Revenue
Totals for Tombstone

INTEREST PAID IN
CURRENT FISCAL
YEAR

**

INTEREST PAID
TO DATE

**

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

$12,272,761
$13,202,623
$28,801,725
$142,026
$54,419,135

$60,610,858
$178,174,612
$289,826,179
$2,461,790
$531,073,439

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$907,399
$907,399

$144,661
$144,661

$1,947,940
$1,947,940

$63,809
$63,809

$396,746
$396,746

$1,615,000
$3,300,000
$2,151,700
$7,066,700

$534,000
$855,000
$507,249
$1,896,249

$109,000
$195,000
$61,985
$365,985

$972,000
$2,250,000
$1,582,466
$4,804,466

$43,403
$110,683
$66,960
$221,046

$485,733
$813,062
$646,461
$1,945,256

1
8
9

$5,480,000
$30,964,561
$36,444,561

$4,435,000
$5,944,877
$10,379,877

$345,000
$1,261,154
$1,606,154

$700,000
$23,758,530
$24,458,530

$48,435
$869,249
$917,684

$1,181,744
$6,766,163
$7,947,907

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$209,277,578

$0

$697,591,926

$209,071,010

Tusayan

Wellton

Wickenburg

Willcox
$1,342,988

$0

$4,476,627

$972,000

Williams

Winkelman

** Population less than 2,500
Page 23

TABLE 2
CITY/TOWN FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Winslow
Revenue
Totals for Winslow

3
3

$6,295,000
$6,295,000

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

$220,000
$220,000

$4,295,000
$4,295,000

$197,894
$197,894

$2,640,922
$2,640,922

Totals for Youngtown

0
0

$0
$0

$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
$367,744,920
$3,875,000
$379,704,920

$6,665,000
$69,703,338
$1,110,000
$77,478,338

$1,420,000
$16,092,764
$255,000
$17,767,764

$0
$281,948,818
$2,510,000
$284,458,818

$69,580
$13,011,364
$129,955
$13,210,899

$4,363,906
$74,418,476
$758,815
$79,541,197

22

$427,470,000

$67,740,433

$40,133,869

$319,595,698

$15,113,222

$80,578,631

General Obligation

181

$6,322,808,886

$1,373,418,102

$530,212,499

$4,419,178,285

$192,913,856

$1,379,652,776

Municipal Property Corp

141

$8,429,843,491

$912,131,131

$729,799,131

$6,787,913,229

$337,872,205

$2,170,561,195

Revenue

402

$6,987,928,849

$1,518,107,991

$624,748,060

$4,845,072,798

$223,838,664

$1,477,159,884

44

$153,609,020

$61,201,231

$7,493,157

$84,914,632

$5,840,756

$46,019,008

790

$22,321,660,246

$3,932,598,888

$1,932,386,716

$16,456,674,642

$775,578,703

$5,153,971,494

Youngtown

Yuma

Certificates of Participation

Special Assessment
Grand Totals:

$39,921,151

Page 24

$0

$133,070,503

$0

COMMUNITY COLLEGES
Community college bonded indebtedness
can consist of general obligation debt,
revenue
bonds
and
certificates
of
participation. As of June 30, 2012 these types
of outstanding debt totaled $850.6 million for
community colleges, a 2.6% decrease from
the $872.4 million reported for FY 2011. Of
the twelve community colleges, Gila
Provisional College, Eastern Arizona,
Northland Pioneer College and Santa Cruz
County Provisional 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, 2012:

9 $830.1 million in general obligation debt,
reported by six community colleges, and
9 $20.6 million in revenue bonds, reported
by four community colleges

During FY 2011/12, $178.4 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
Central Arizona2
Arizona Western3
Yavapai
Coconino
Cochise
Mohave
Pima
Northland Pioneer4
Eastern Arizona5
Gila Provisional
Santa Cruz Provisional

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2012. However,
the year-end balances should reflect any July
1, 2011 payments, if the payment amount
has been deposited into a dedicated fund for
the payment of the principal.
GENERAL OBLIGATION DEBT
Arizona Western, Central Arizona, Coconino,
Maricopa, 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.
COMMUNITY
COLLEGE
Arizona Western
Central Arizona
Coconino
Maricopa
Pima
Yavapai

CURRENT
CAPACITY

DEBT

$233,055,437 $64,760,000
$332,796,243 $93,930,000
$276,021,392 $12,630,000
$5,814,044,507 $614,995,000
$1,267,242,238
$3,280,000
$413,053,616 $40,470,000

% OF
CAPACITY
USED
27.8%
28.2%
4.6%
10.6%
0.3%
9.8%

REVENUE BONDS
Central Arizona, Cochise, Maricopa, and
Mohave
Community
Colleges
have
outstanding revenue bonds. These bonds are
secured by and are to be repaid from student
tuition and fees.
Buildings and general
construction are the primary purposes listed
for these bonds. The outstanding balance in
revenue bonds at the end of FY 2011/12 was
$20.6 million, after retiring and refunding $12.5
million during the fiscal year.

OUTSTANDING
DEBT
$616,235,000
$98,850,000
$64,760,000
$40,470,000
$12,630,000
$10,195,000
$4,210,000
$3,280,000
$0
$0
$0
$0

CERTIFICATES OF PARTICIPATION
There were no certificates of participation in
fiscal year 2011/12.
INTEREST
Community colleges are required to report
interest paid during the fiscal year and
interest paid to date per A.R.S. § 41-4604.
Community colleges reported a total interest
paid during FY 2011/12 of $ 35.5 million on
$850.6 million of outstanding principal as of
June 30, 2012, and $209.0 million interest
paid to date on 24 issues with an original
principal of $1.3 billion.

2Central Arizona Community College serves Pinal

County.
3Arizona Western Community College serves Yuma
and La Paz Counties.
4 Northland Pioneer College serves Navajo County.

5Eastern Arizona Community College serves Graham
County.

Page 25

Using the per capita measure, Arizona
Western has the most debt per capita, as can
be seen on the following table.

PER STUDENT & PER CAPITA DEBT
Two methods of determining the level of debt
in relation to the other community colleges is
dividing total outstanding debt by the full-time
student count or the population of the county.
High per student and per capita debt is neither
good nor bad; it is simply a comparative tool to
describe how the community college
compares to others.

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

Using the per student measure, Central
Arizona College has the most debt per
student, as can be seen on the following table:
COMMUNITY
COLLEGE
Central Arizona
Arizona Western
Yavapai
Maricopa
Coconino
Cochise
Mohave
Pima
Eastern Arizona
Gila Provisional
Northland Pioneer
College
Santa Cruz
Provisional

PER STUDENT
DEBT
$17,043.10
$11,537.50
$8,625.32
$6,636.89
$5,374.47
$1,108.15
$970.49
$123.31
$0
$0

PER CAPITA
DEBT
$292.82
$257.27
$191.58
$160.34
$94.14
$78.10
$21.01
$3.33
$0
$0
$0
$0

The population measure used to calculate
per capita debt is the July 1, 2011
Department of Administration estimate.

$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 2011/12 the expenditure
limitation calculation.

Page 26

TABLE 3
COMMUNITY COLLEGE FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Arizona Western
2
2

$73,850,000
$73,850,000

$7,025,000
$7,025,000

$2,065,000
$2,065,000

$64,760,000
$64,760,000

$233,055,437

2
1
3

$98,975,000
$10,500,000
$109,475,000

$1,825,000
$4,875,000
$6,700,000

$3,220,000
$705,000
$3,925,000

$93,930,000
$4,920,000
$98,850,000

$332,796,243

Revenue
Totals for Central Arizona

Revenue
Totals for Cochise

1
1

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

$295,000
$295,000

$105,000
$105,000

$10,195,000
$10,195,000

1
1

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

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

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

$12,630,000
$12,630,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

$0

$0

7
2
9

$967,295,000
$22,135,000
$989,430,000

$226,910,000
$9,550,000
$236,460,000

$125,390,000
$11,345,000
$136,735,000

$614,995,000
$1,240,000
$616,235,000

$25,957,379
$299,771

$139,543,162
$6,057,955

$26,257,150

$145,601,117

2
2

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

$520,000
$520,000

$85,000
$85,000

$4,210,000
$4,210,000

$176,451

$1,021,818

$176,451

$1,021,818

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

$0

$0

General Obligation
Totals for Arizona Western

$64,760,000

$3,057,257

$20,146,902

$3,057,257

$20,146,902

$2,773,319
$243,556

$6,612,303
$2,794,055

$3,016,875

$9,406,358

Central Arizona
General Obligation

$93,930,000

Cochise
$513,613

$1,562,800

$513,613

$1,562,800

$510,900

$1,267,890

$510,900

$1,267,890

$0

$0

$0

$0

Coconino
General Obligation
Totals for Coconino

$276,021,392

$12,630,000

Eastern Arizona College
Totals for Eastern Arizona College
Gila County Provisional
Totals for Gila County Provisional
Maricopa CC
General Obligation
Revenue
Totals for Maricopa CC

$5,814,044,507

$614,995,000

Mohave CC
Revenue
Totals for Mohave CC
Northland Pioneer College
Totals for Northland Pioneer College

Page 27

TABLE 3
COMMUNITY COLLEGE FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

$1,267,242,238

15% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pima CC
General Obligation
Totals for Pima CC

1
1

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

$24,900,000
$24,900,000

$1,820,000
$1,820,000

$3,280,000
$3,280,000

$3,280,000

$273,725

$14,595,892

$273,725

$14,595,892

0
0

$0
$0

$0
$0

$0
$0

$0
$0

4
1
5

$82,590,000
$2,500,000
$85,090,000

$10,205,000
$2,285,000
$12,490,000

$31,915,000
$215,000
$32,130,000

$40,470,000
$0
$40,470,000

17

$1,269,845,000

$273,885,000

$165,895,000

$830,065,000

$34,297,241

$195,694,996

7

$50,545,000

$17,525,000

$12,455,000

$20,565,000

$1,239,841

$13,260,730

24

$1,320,390,000

$291,410,000

$178,350,000

$850,630,000

$35,537,082

$208,955,726

Santa Cruz Provisional Community College
Totals for Santa Cruz Provisional Commu

$0

$0

$0

$0

$1,724,661
$6,450

$13,528,847
$1,824,102

$1,731,111

$15,352,949

Yavapai College
General Obligation
Revenue
Totals for Yavapai College

General Obligation
Revenue
Grand Totals:

$413,053,616

Page 28

$40,470,000

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%.

county with and without outstanding bonded
indebtedness as of June 30, 2012.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Pima
Pinal
Santa Cruz
Yavapai
Yuma

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, whichever is greater. Unified
school districts have a limit of 10% or $1,500
per student based on average daily
membership, whichever is greater.
Some school districts are also subject to a
restricted debt limitation due to the issuance of
some Capital Appreciation Bonds prior to
March 31, 1996.

9
9
9

# WITHOUT B.I.
6
16
6
7
4
3
4
8
8
2
7
5
5
15
2

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, 2012.

Of the 223 school districts that reported, 98
had no bonded indebtedness in FY 2011/12.
Three school districts (Globe USD and San
Carlos USD in Gila County and Wellton ESD
in Yuma County) retired all outstanding debt
as of June 30, 2012. The remaining 125
school districts had outstanding indebtedness
of a total of $4.5 billion, a 5.6% decrease from
the $4.7 billion reported in FY2011 :

9

# WITH B.I.
5
6
4
1
3
2
2
48
6
9
11
13
1
7
7

COUNTY TOTAL
FOR SCHOOL
DISTRICTS:

$647.2 million in Class A general
obligation debt, reported by 60 school
districts;
$3.9 billion in Class B general
obligation debt, reported by 99 school
districts;
$49.9 million in Impact Aid revenue
bonds, reported by nine school
districts.
$4.7 million in Certificates of
Participation by one school district.

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

Within school districts that have outstanding
bonded indebtedness, the average debt per
student was $5,368. (There are 50 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

OUTSTANDING
DEBT

$3,148,820,000
$592,875,000
$240,553,853
$133,475,000
$95,180,000
$67,190,000
$52,800,000
$47,595,000
$35,525,000
$33,745,000
$23,000,000
$7,020,000
$4,395,000
$2,160,000
$1,190,000

DEBT PER
STUDENT

$5,620
$5,087
$6,043
$8,445
$5,729
$4,772
$1,590
$3,528
$5,897
$15,194
$3,121
$2,173
$860
$1,411
$3,459

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

Page 29

for FY 2011/12 for those districts with
outstanding debt.

Class B bonds have been separated from the
Class A general obligation issues and only
the Class A debt capacity is provided. The
Class B bond outstanding principal and
current capacity are shown separately in
Table 19.

Tables 4 through 18, at the end of this
section, summarize outstanding bonded
indebtedness by school district by county.
Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2012. However,
the year-end balances should reflect any July
1, 2012 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 2011/12 was $4,750,000 for
Roosevelt ESD in Maricopa County.
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
nine districts that have Impact Aid Revenue
Bonds outstanding: Ganado USD, Red Mesa
USD and Window Rock 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 2011/12 was $49.9 million.

GENERAL OBLIGATION DEBT
As mentioned, a school district’s general
obligation debt limitation may be restricted due
to prior issue of Capital Appreciation Bonds.
Based upon information provided by the
school districts, only one district, Tempe ESD
in Maricopa County, still has 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.

INTEREST
School districts with 600 or more students are
required to report interest paid during the
fiscal year and interest paid to date per
A.R.S. § 41-4604. School districts reported
interest paid during FY 2011/12 of $210.3
million on $4.5 billion of outstanding principal
as of June 30, 2012 and $1.4 billion interest
paid to date.

Per §15-1021, beginning January 1, 1999
school districts could begin issuing Class B
bonds which are subject to a lower debt
limitation than Class A bonds. For Class B
bonds, elementary schools and high schools
are subject to a debt limitation of 5% of ad
valorem valuation or $1,500 per student
based on average daily membership,
whichever is greater. Unified school districts
have a limit of 10% or $1,500 per student
based on average daily membership,
whichever 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%.

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, 2012.

Class A general obligation bonds were
reported by 60 school districts for FY 2011/12,
with an outstanding balance at the end of the
fiscal year of $647.2 million. There were 99
school districts that reported Class B general
obligation bonds with an outstanding balance
of $3.9 billion. In Tables 4 through 18, the

As shown on Table 20, Scottsdale Unified
School District in Maricopa County has the
largest amount of outstanding bonded
indebtedness among all school districts as of

Page 30

June 30, 2012, at $291.5 million. In terms of
debt per student, however, Scottsdale Unified
School District ranks 11th at $5,638. The
school district with the highest debt per
student is Sedona-Oak Creek Unified School
District in Yavapai County, at $48,646 in
outstanding debt per student.

COUNTY TOTAL
FOR SCHOOL
DISTRICTS:

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

PER CAPITA DEBT
An additional method of determining the level
of debt for school districts within a county in
relation to other counties is by dividing total
outstanding debt by the population of the
county.

PER CAPITA
DEBT

$819.29
$631.84
$629.84
$626.62
$626.07
$601.24
$493.46
$474.91
$354.76
$257.76
$252.36
$168.68
$116.55
$115.56
$57.40

The population measure used to calculate per
capita debt is the July 1, 2011 Department of
Administration estimate.

Page 31

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1 St. Johns USD
Totals for St. Johns USD

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$1,260,000

$210,000

$50,000

$1,000,000

$50,088

$299,044

1

$1,260,000

$210,000

$50,000

$1,000,000

$50,088

$299,044

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$3,245,000

$550,000

$185,000

$2,510,000

$166,569

$805,150

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
Impact Aid Revenue

1

$20,350,000

$0

$1,100,000

$19,250,000

$592,913

$592,913

Totals for Window Rock USD

2

$23,595,000

$550,000

$1,285,000

$21,760,000

$759,482

$1,398,063

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$10,000,000

$1,930,000

$545,000

$7,525,000

$330,373

$1,389,096

2

$10,000,000

$1,930,000

$545,000

$7,525,000

$330,373

$1,389,096

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

1

$14,545,000

$8,990,000

$1,305,000

$4,250,000

$239,763

$3,570,263

1

$14,545,000

$8,990,000

$1,305,000

$4,250,000

$239,763

$3,570,263

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

23 McNary ESD
Totals for McNary ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 32

TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

24 Chinle USD
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$9,110,000

$7,145,000

$975,000

$990,000

$70,020

$1,889,665

1

$9,110,000

$7,145,000

$975,000

$990,000

$70,020

$1,889,665

General Obligation-Class B

4

$14,505,000

$2,690,000

$780,000

$11,035,000

$547,030

$2,493,290

Impact Aid Revenue

3

$44,005,000

$16,135,000

$3,380,000

$24,490,000

$902,696

$6,052,841

Grand Totals:

7

$58,510,000

$18,825,000

$4,160,000

$35,525,000

$1,449,726

$8,546,131

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

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 33

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

1 Tombstone USD
Totals for Tombstone USD

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$4,275,000
$4,275,000

$330,000
$330,000

$345,000
$345,000

$32,580
$32,580

$2,225,232
$2,225,232

1
1

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

$825,000
$825,000

$85,000
$85,000

$390,000
$390,000

$30,032
$30,032

$942,053
$942,053

2
2

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

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

$455,000
$455,000

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

$313,206
$313,206

$1,120,349
$1,120,349

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$7,195,000
$7,195,000

$0
$0

$0
$0

$7,195,000
$7,195,000

$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

2
2

$3,955,000
$3,955,000

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

$1,380,000
$1,380,000

$1,025,000
$1,025,000

$82,687
$82,687

$1,494,479
$1,494,479

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2 Bisbee USD
General Obligation
Totals for Bisbee USD

$19,189,064

$345,000

6 Valley UHSD
General Obligation
Totals for Valley UHSD

$7,345,393

$390,000

9 Benson USD
General Obligation-Class B
Totals for Benson USD
12 Elfrida ESD
Totals for Elfrida ESD
13 Willcox USD
General Obligation-Class B
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

$10,012,337

$1,025,000

22 Pearce ESD
Totals for Pearce ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 34

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

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

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$7,430,000
$7,430,000

$200,000
$200,000

$305,000
$305,000

$6,925,000
$6,925,000

$297,138
$297,138

$695,156
$695,156

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

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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-Class B
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 35

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

68 Sierra Vista USD
0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

4

$10,205,000

$6,650,000

$1,795,000

$1,760,000

$145,299

$4,661,764

General Obligation-Class B

4

$23,985,000

$1,985,000

$760,000

$21,240,000

$610,344

$1,815,505

Grand Totals:

8

$34,190,000

$8,635,000

$2,555,000

$23,000,000

$755,643

$6,477,269

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 36

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
1

$3,900,000

$36,750,000

3

$53,100,000

$12,450,000

$3,900,000

$36,750,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

General Obligation

1

$3,800,000

$2,980,000

$400,000

$420,000

General Obligation-Class B

1

$955,000

$200,000

$105,000

$650,000

2

$4,755,000

$3,180,000

$505,000

$1,070,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

0

$0

$0

$0

$0

0

$0

$0

$0

$0

$1,327,250
$1,327,250

$3,421,130
$3,421,130

$0
$0

$0
$0

$4,366,160

$420,000

$38,240

$693,060

$31,144
$69,384

$70,428
$763,488

$0
$0

$0
$0

$0
$0

$0
$0

$432,650
$432,650

$4,330,408
$4,330,408

$0
$0

$0
$0

$0
$0

$0
$0

$61,325
$61,325

$1,060,767
$1,060,767

Fredonia-Moccasin USD

Page USD
Impact Aid Revenue

1

$15,525,000

$5,560,000

$1,500,000

$8,465,000

1

$15,525,000

$5,560,000

$1,500,000

$8,465,000

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

0

$0

$0

$0

$0

Sedona-Oak Creek USD
Totals for Sedona-Oak Creek USD
Maine ESD
Totals for Maine ESD

15

30% CAPACITY

Chevlon Butte ESD

Totals for Page USD

10

15% DEBT

Grand Canyon USD

Totals for Fredonia-Moccasin USD

9

15% CAPACITY

Williams USD

Totals for Chevlon Butte ESD

8

CURRENT
OUTSTANDING
PRINCIPAL

$12,450,000

Totals for Grand Canyon USD

6

PAID IN FISCAL
YEAR 2012

$53,100,000

Totals for Williams USD

5

PAID THROUGH
6/30/11

3

Totals for Flagstaff USD

4

ORIGINAL
PRINCIPAL

Flagstaff USD
General Obligation-Class B

2

# OF
ISSUES

Tuba City USD
Impact Aid Revenue
Totals for Tuba City USD

1

$6,265,000

$4,330,000

$625,000

$1,310,000

1

$6,265,000

$4,330,000

$625,000

$1,310,000

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 37

TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
31

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Ash Fork USD
0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0
$0

$0
$0

General Obligation

1

$3,800,000

$2,980,000

$400,000

$420,000

$38,240

$693,060

General Obligation-Class B

4

$54,055,000

$12,650,000

$4,005,000

$37,400,000

$1,358,394

$3,491,558

Impact Aid Revenue

2

$21,790,000

$9,890,000

$2,125,000

$9,775,000

$493,975

$5,391,175

Grand Totals:

7

$79,645,000

$25,520,000

$6,530,000

$47,595,000

$1,890,609

$9,575,793

Totals for Ash Fork USD

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

TABLE 7
GILA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
1

Totals for Globe USD

Totals for Payson USD

Totals for San Carlos USD

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1

$3,600,000

$2,925,000

$675,000

$0

$28,688

$1,034,364

1

$3,600,000

$2,925,000

$675,000

$0

$28,688

$1,034,364

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$33,845,000

$0

$100,000

$33,745,000

$2,435,738

$6,444,938

2

$33,845,000

$0

$100,000

$33,745,000

$2,435,738

$6,444,938

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$295,000

$265,000

$30,000

$0

$1,830

$172,585

1

$295,000

$265,000

$30,000

$0

$1,830

$172,585

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Miami USD
Totals for Miami USD

41

15% DEBT

Tonto Basin ESD
Totals for Tonto Basin ESD

40

15% CAPACITY

San Carlos USD
General Obligation

33

CURRENT
OUTSTANDING
PRINCIPAL

Pine Strawberry ESD
Totals for Pine Strawberry ESD

20

PAID IN FISCAL
YEAR 2012

Payson USD
General Obligation-Class B

12

PAID THROUGH
6/30/11

Young ESD
Totals for Young ESD

10

ORIGINAL
PRINCIPAL

Globe USD
General Obligation

5

# OF
ISSUES

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 39

TABLE 7
GILA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

General Obligation

2

$3,895,000

$3,190,000

$705,000

$0

$30,518

$1,206,949

General Obligation-Class B

2

$33,845,000

$0

$100,000

$33,745,000

$2,435,738

$6,444,938

Grand Totals:

4

$37,740,000

$3,190,000

$805,000

$33,745,000

$2,466,256

$7,651,887

*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 40

TABLE 8
GRAHAM COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
1

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1
1

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

$915,000
$915,000

$860,000
$860,000

$3,225,000
$3,225,000

$160,250
$160,250

$1,113,875
$1,113,875

1
1

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

$285,000
$285,000

$400,000
$400,000

$400,000
$400,000

$39,820
$39,820

$481,903
$481,903

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$285,000
$285,000

$115,000
$115,000

$770,000
$770,000

$45,050
$45,050

$206,825
$206,825

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$13,506,516

$400,000

Klondyke ESD
Totals for Klondyke ESD

16

15% CAPACITY

Ft. Thomas USD
Totals for Ft. Thomas USD

9

CURRENT
OUTSTANDING
PRINCIPAL

Pima USD
General Obligation-Class B
Totals for Pima USD

7

PAID IN FISCAL
YEAR 2012

Solomon ESD
Totals for Solomon ESD

6

PAID THROUGH
6/30/11

Thatcher USD
General Obligation
Totals for Thatcher USD

5

ORIGINAL
PRINCIPAL

Safford USD
General Obligation-Class B
Totals for Safford USD

4

# OF
ISSUES

Bonita ESD
Totals for Bonita ESD

General Obligation
General Obligation-Class B

1
2

$1,085,000
$6,170,000

$285,000
$1,200,000

$400,000
$975,000

$400,000
$3,995,000

$39,820
$205,300

$481,903
$1,320,700

Grand Totals:

3

$7,255,000

$1,485,000

$1,375,000

$4,395,000

$245,120

$1,802,603

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 41

TABLE 9
GREENLEE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
2

# OF
ISSUES

Totals for Duncan USD

Totals for Morenci USD

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1

$3,425,000

$1,702,750

$242,250

$1,480,000

1

$3,425,000

$1,702,750

$242,250

0

$0

$0

0

$0

1

$3,737,370

$1,480,000

$79,250

$1,897,849

$1,480,000

$79,250

$1,897,849

$0

$0

$0

$0

$0

$0

$0

$0

$0

$2,350,000

$1,345,125

$324,875

$680,000

$41,875

$547,088

1

$2,350,000

$1,345,125

$324,875

$680,000

$41,875

$547,088

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Blue ESD
Totals for Blue ESD

45

CURRENT
OUTSTANDING
PRINCIPAL

Morenci USD
General Obligation-Class B

22

PAID IN FISCAL
YEAR 2012

Clifton USD
Totals for Clifton USD

18

PAID THROUGH
6/30/11

Duncan USD
General Obligation

3

ORIGINAL
PRINCIPAL

Eagle ESD
Totals for Eagle ESD

General Obligation
General Obligation-Class B

1
1

$3,425,000
$2,350,000

$1,702,750
$1,345,125

$242,250
$324,875

$1,480,000
$680,000

$79,250
$41,875

$1,897,849
$547,088

Grand Totals:

2

$5,775,000

$3,047,875

$567,125

$2,160,000

$121,125

$2,444,937

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 42

TABLE 10
LA PAZ COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
4

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1
1

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

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

$170,000
$170,000

$350,000
$350,000

0
0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

0
0

$0
$0

0
0

1
1

$10,811,429

$350,000

$22,338
$22,338

$361,562
$361,562

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

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

$1,515,000
$1,515,000

$315,000
$315,000

$840,000
$840,000

$38,838
$38,838

$565,408
$565,408

Salome ESD
Totals for Salome ESD

76

CURRENT
OUTSTANDING
PRINCIPAL

Parker USD
Totals for Parker USD

30

PAID IN FISCAL
YEAR 2012

Bouse ESD
Totals for Bouse ESD

27

PAID THROUGH
6/30/11

Wenden ESD
Totals for Wenden ESD

26

ORIGINAL
PRINCIPAL

Quartzsite ESD
General Obligation
Totals for Quartzsite ESD

19

# OF
ISSUES

Bicentennial UHSD
General Obligation
Totals for Bicentennial UHSD

$20,658,599

$840,000

*HQHUDO2EOLJDWLRQ

*UDQG7RWDOV

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 43

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
1

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

2
3
5

$30,205,000
$53,050,000
$83,255,000

$13,215,000
$5,395,000
$18,610,000

$6,110,000
$655,000
$6,765,000

$10,880,000
$47,000,000
$57,880,000

8
8

$33,800,000
$33,800,000

$8,400,000
$8,400,000

$5,230,000
$5,230,000

$20,170,000
$20,170,000

6
6
12

$42,470,000
$121,205,000
$163,675,000

$19,180,000
$15,295,000
$34,475,000

$6,775,000
$8,415,000
$15,190,000

$16,515,000
$97,495,000
$114,010,000

$115,980,768

$10,880,000

$824,493
$1,904,385
$2,728,878

$10,373,413
$6,051,216
$16,424,629

$1,184,809
$1,184,809

$3,163,683
$3,163,683

$236,081,334 *

$16,515,000

$1,249,502
$4,585,156
$5,834,658

$26,704,566
$16,444,165
$43,148,731

3

$119,150,000

$76,205,000

$19,530,000

$23,415,000

$2,433,275

$43,650,909

6
9

$224,510,000
$343,660,000

$23,360,000
$99,565,000

$14,250,000
$33,780,000

$186,900,000
$210,315,000

$923,013,496

$23,415,000

$8,140,841
$10,574,116

$35,143,150
$78,794,059

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

4
5
9

$92,040,000
$74,000,000
$166,040,000

$36,880,000
$40,975,000
$77,855,000

$9,110,000
$2,680,000
$11,790,000

$46,050,000
$30,345,000
$76,395,000

$3,015,243
$1,185,887
$4,201,130

$37,414,898
$9,801,122
$47,216,020

2
2

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

$6,525,000
$6,525,000

$380,000
$380,000

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

$202,962
$202,962

$1,478,049
$1,478,049

2
2
4

$17,100,000
$37,000,000
$54,100,000

$6,740,000
$3,770,000
$10,510,000

$3,185,000
$770,000
$3,955,000

$7,175,000
$32,460,000
$39,635,000

$643,181
$1,641,168
$2,284,349

$8,824,124
$7,252,227
$16,076,351

5
1
6

$26,210,000
$1,885,000
$28,095,000

$12,745,000
$675,000
$13,420,000

$1,390,000
$385,000
$1,775,000

$12,075,000
$825,000
$12,900,000

$396,336
$51,900
$448,236

$4,433,959
$474,972
$4,908,931

$198,846,726

$46,050,000

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

9

30% CAPACITY

Wilson ESD
General Obligation-Class B
Totals for Wilson ESD

8

15% DEBT

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

7

15% CAPACITY

Isaac ESD
Totals for Isaac ESD

6

CURRENT
OUTSTANDING
PRINCIPAL

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

5

PAID IN FISCAL
YEAR 2012

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

4

PAID THROUGH
6/30/11

Riverside ESD
General Obligation-Class B
Totals for Riverside ESD

3

ORIGINAL
PRINCIPAL

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

2

# OF
ISSUES

$73,965,130

$7,175,000

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

$56,520,808

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 44

$12,075,000

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
11

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

5
7
12

$226,100,000
$204,670,000
$430,770,000

$105,845,000
$58,675,000
$164,520,000

$54,085,000
$26,435,000
$80,520,000

$66,170,000
$119,560,000
$185,730,000

1
1

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

$3,050,000
$3,050,000

$3,550,000
$3,550,000

4
4

$18,150,000
$18,150,000

$5,910,000
$5,910,000

4
4

$11,370,000
$11,370,000

2
2

$493,387,924

$66,170,000

$2,571,592
$4,813,881
$7,385,473

$44,541,019
$25,923,513
$70,464,532

$15,400,000
$15,400,000

$679,610
$679,610

$1,076,088
$1,076,088

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

$10,830,000
$10,830,000

$496,549
$496,549

$1,672,004
$1,672,004

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

$755,000
$755,000

$7,705,000
$7,705,000

$489,561
$489,561

$1,649,123
$1,649,123

$5,300,000
$5,300,000

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

$400,000
$400,000

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

$216,975
$216,975

$1,375,633
$1,375,633

3
3

$12,975,000
$12,975,000

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

$735,000
$735,000

$8,595,000
$8,595,000

$416,250
$416,250

$2,155,188
$2,155,188

2
7
9

$47,115,000
$137,795,000
$184,910,000

$9,725,000
$0
$9,725,000

$18,695,000
$35,580,000
$54,275,000

$18,695,000
$102,215,000
$120,910,000

$307,910,531

$18,695,000

$62,875
$4,423,942
$4,486,817

$13,792,988
$15,146,621
$28,939,609

2
1
3

$15,410,000
$15,555,000
$30,965,000

$11,225,000
$0
$11,225,000

$2,185,000
$0
$2,185,000

$2,000,000
$15,555,000
$17,555,000

$46,666,672

$2,000,000

$244,287
$0
$244,287

$5,725,186
$0
$5,725,186

6
6

$26,055,000
$26,055,000

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

$2,575,000
$2,575,000

$15,995,000
$15,995,000

$705,596
$705,596

$3,401,274
$3,401,274

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

33

30% CAPACITY

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

31

15% DEBT

Liberty ESD
General Obligation-Class B
Totals for Liberty ESD

28

15% CAPACITY

Gila Bend USD
General Obligation-Class B
Totals for Gila Bend USD

25

CURRENT
OUTSTANDING
PRINCIPAL

Murphy ESD
General Obligation-Class B
Totals for Murphy ESD

24

PAID IN FISCAL
YEAR 2012

Tolleson ESD
General Obligation-Class B
Totals for Tolleson ESD

21

PAID THROUGH
6/30/11

Creighton ESD
General Obligation-Class B
Totals for Creighton ESD

17

ORIGINAL
PRINCIPAL

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

14

# OF
ISSUES

Buckeye ESD
General Obligation-Class B
Totals for Buckeye ESD

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

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
38

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

3
4
7

$46,305,000
$60,500,000
$106,805,000

$26,620,000
$3,690,000
$30,310,000

$4,500,000
$2,045,000
$6,545,000

$15,185,000
$54,765,000
$69,950,000

4
4

$34,325,000
$34,325,000

$15,250,000
$15,250,000

$1,015,000
$1,015,000

$18,060,000
$18,060,000

2
6
8

$51,375,000
$187,365,000
$238,740,000

$27,905,000
$30,520,000
$58,425,000

$15,785,000
$10,965,000
$26,750,000

$7,685,000
$145,880,000
$153,565,000

$155,043,361

$15,185,000

$1,050,930
$2,323,297
$3,374,227

$16,630,829
$10,017,574
$26,648,403

$405,025
$405,025

$3,798,410
$3,798,410

$525,270,308

$7,685,000

$852,791
$6,546,804
$7,399,595

$20,009,766
$32,907,989
$52,917,755

2

$8,395,000

$5,250,000

$1,625,000

$1,520,000

$159,475

$1,569,267

4
6

$30,120,000
$38,515,000

$2,525,000
$7,775,000

$275,000
$1,900,000

$27,320,000
$28,840,000

$57,091,664

$1,520,000

$1,169,627
$1,329,102

$4,906,571
$6,475,838

6
6

$24,340,000
$24,340,000

$7,605,000
$7,605,000

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

$13,230,000
$13,230,000

$628,693
$628,693

$3,209,770
$3,209,770

1
1

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

$1,235,000
$1,235,000

$240,000
$240,000

$790,000
$790,000

$52,775
$52,775

$528,024
$528,024

4
6
10

$182,365,000
$466,600,000
$648,965,000

$107,605,000
$180,350,000
$287,955,000

$24,995,000
$44,470,000
$69,465,000

$49,765,000
$241,780,000
$291,545,000

$4,006,143
$9,265,513
$13,271,656

$55,331,986
$39,059,847
$94,391,833

1
1

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

$680,000
$680,000

$120,000
$120,000

$700,000
$700,000

$43,875
$43,875

$252,000
$252,000

4
4

$20,850,000
$20,850,000

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

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

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

$686,030
$686,030

$2,902,017
$2,902,017

$1,488,063,154

$49,765,000

Palo Verde ESD
General Obligation-Class B
Totals for Palo Verde ESD

59

30% CAPACITY

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

49

15% DEBT

Arlington ESD
General Obligation-Class B
Totals for Arlington ESD

48

15% CAPACITY

Fowler ESD
General Obligation-Class B
Totals for Fowler ESD

47

CURRENT
OUTSTANDING
PRINCIPAL

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

45

PAID IN FISCAL
YEAR 2012

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

44

PAID THROUGH
6/30/11

Glendale ESD
General Obligation-Class B
Totals for Glendale ESD

41

ORIGINAL
PRINCIPAL

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

40

# OF
ISSUES

Laveen ESD
General Obligation-Class B
Totals for Laveen ESD

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

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
60

General Obligation-Class B
Totals for Roosevelt ESD

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

9
9

$80,720,000
$80,720,000

$14,920,000
$14,920,000

$14,105,000
$14,105,000

$51,695,000
$51,695,000

$2,524,880
$2,524,880

$15,664,655
$15,664,655

0
0

$0
$0

$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
3
4

$1,230,000
$23,430,000
$24,660,000

$455,000
$7,155,000
$7,610,000

$250,000
$1,435,000
$1,685,000

$525,000
$14,840,000
$15,365,000

$43,731
$863,695
$907,426

$701,309
$2,688,668
$3,389,977

1
1
2
4

$5,700,000
$18,500,000
$59,000,000
$83,200,000

$0
$5,415,000
$6,220,000
$11,635,000

$950,000
$1,705,000
$2,515,000
$5,170,000

$4,750,000
$11,380,000
$50,265,000
$66,395,000

$159,216
$520,700
$3,704,810
$4,384,726

$159,216
$4,480,395
$6,486,520
$11,126,131

4
4

$32,525,000
$32,525,000

$16,485,000
$16,485,000

$5,045,000
$5,045,000

$10,995,000
$10,995,000

$940,725
$940,725

$17,359,619
$17,359,619

9
9
18

$226,370,000
$274,095,000
$500,465,000

$107,705,000
$90,295,000
$198,000,000

$27,480,000
$9,865,000
$37,345,000

$91,185,000
$173,935,000
$265,120,000

$5,807,605
$5,852,151
$11,659,756

$63,181,759
$25,320,504
$88,502,263

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$38,222,151

$525,000

$96,991,256

$11,380,000

$52,558,462

$10,995,000

$988,357,709

$91,185,000

Sentinel ESD
Totals for Sentinel ESD

75

30% CAPACITY

Paradise Valley USD
General Obligation
General Obligation-Class B
Totals for Paradise Valley USD

71

15% DEBT

Alhambra ESD
General Obligation
Totals for Alhambra ESD

69

15% CAPACITY

Roosevelt ESD
Certificate of Participation
General Obligation

68

CURRENT
OUTSTANDING
PRINCIPAL

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

66

PAID IN FISCAL
YEAR 2012

Aguila ESD
Totals for Aguila ESD

65

PAID THROUGH
6/30/11

Union ESD
Totals for Union ESD

63

ORIGINAL
PRINCIPAL

Higley USD
General Obligation-Class B
Totals for Higley USD

62

# OF
ISSUES

Morristown ESD
Totals for Morristown ESD

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

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
79

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

4
4

$40,825,000
$40,825,000

$2,575,000
$2,575,000

$2,575,000
$2,575,000

$35,675,000
$35,675,000

$1,529,148
$1,529,148

$4,916,791
$4,916,791

2
7
9

$32,625,000
$264,120,000
$296,745,000

$16,205,000
$39,610,000
$55,815,000

$7,980,000
$38,625,000
$46,605,000

$8,440,000
$185,885,000
$194,325,000

$1,190,674
$6,685,149
$7,875,823

$16,599,571
$29,074,498
$45,674,069

1
1

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

$570,000
$570,000

$135,000
$135,000

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

$63,912
$63,912

$438,056
$438,056

1
1

$16,820,000
$16,820,000

$0
$0

$0
$0

$16,820,000
$16,820,000

$385,065
$385,065

$385,065
$385,065

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
8
9

$15,955,000
$196,080,000
$212,035,000

$300,000
$28,940,000
$29,240,000

$60,000
$8,310,000
$8,370,000

$15,595,000
$158,830,000
$174,425,000

$761,600
$8,056,518
$8,818,118

$5,827,317
$39,947,542
$45,774,859

4
4

$42,650,000
$42,650,000

$17,185,000
$17,185,000

$8,765,000
$8,765,000

$16,700,000
$16,700,000

$678,527
$678,527

$5,790,985
$5,790,985

3
3

$31,230,000
$31,230,000

$11,405,000
$11,405,000

$9,895,000
$9,895,000

$9,930,000
$9,930,000

$559,687
$559,687

$1,399,572
$1,399,572

2
2

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

$2,675,000
$2,675,000

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

$16,175,000
$16,175,000

$769,062
$769,062

$4,465,946
$4,465,946

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$651,386,669

$8,440,000

$349,375,489

$15,595,000

Cave Creek USD
General Obligation-Class B
Totals for Cave Creek USD

94

30% DEBT

Pendergast ESD
General Obligation-Class B
Totals for Pendergast ESD

93

30% CAPACITY

Saddle Mountain USD
General Obligation-Class B
Totals for Saddle Mountain USD

92

15% DEBT

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

90

15% CAPACITY

Mobile ESD
Totals for Mobile ESD

89

CURRENT
OUTSTANDING
PRINCIPAL

Cartwright ESD
General Obligation-Class B
Totals for Cartwright ESD

86

PAID IN FISCAL
YEAR 2012

Nadaburg ESD
General Obligation-Class B
Totals for Nadaburg ESD

83

PAID THROUGH
6/30/11

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

81

ORIGINAL
PRINCIPAL

Litchfield ESD
General Obligation-Class B
Totals for Litchfield ESD

80

# OF
ISSUES

Paloma ESD
Totals for Paloma ESD

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

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
95

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

3
7
10

$16,305,000
$55,065,000
$71,370,000

$7,605,000
$19,490,000
$27,095,000

$1,655,000
$1,675,000
$3,330,000

$7,045,000
$33,900,000
$40,945,000

11
11

$277,100,000
$277,100,000

$43,135,000
$43,135,000

$47,340,000
$47,340,000

2
3
5

$8,800,000
$20,000,000
$28,800,000

$6,715,000
$9,490,000
$16,205,000

$2,085,000
$1,005,000
$3,090,000

$71,766,951

$7,045,000

$447,511
$1,594,465
$2,041,976

$4,726,611
$7,316,593
$12,043,204

$186,625,000
$186,625,000

$8,066,021
$8,066,021

$34,667,850
$34,667,850

$0
$9,505,000
$9,505,000

$123,600
$451,060
$574,660

$3,663,413
$3,568,371
$7,231,784

1

$9,075,000

$7,875,000

$500,000

$700,000

9
10

$85,505,000
$94,580,000

$33,465,000
$41,340,000

$2,815,000
$3,315,000

$49,225,000
$49,925,000

$107,668,904

1
3
4

$24,570,000
$102,440,000
$127,010,000

$9,300,000
$18,345,000
$27,645,000

$6,675,000
$4,340,000
$11,015,000

$8,595,000
$79,755,000
$88,350,000

$245,784,818

2
5
7

$77,215,000
$283,190,000
$360,405,000

$29,645,000
$86,330,000
$115,975,000

$11,720,000
$10,965,000
$22,685,000

$35,850,000
$185,895,000
$221,745,000

3
1
4

$100,975,000
$30,000,000
$130,975,000

$68,415,000
$0
$68,415,000

$22,090,000
$0
$22,090,000

2
8
10

$15,985,000
$93,265,000
$109,250,000

$5,885,000
$22,130,000
$28,015,000

$6,755,000
$9,165,000
$15,920,000

$700,000

$56,437

$1,394,750

$2,655,464
$2,711,901

$10,738,879
$12,133,629

$8,595,000

$744,390
$2,595,788
$3,340,178

$13,732,184
$20,837,740
$34,569,924

$798,795,765

$35,850,000

$2,649,643
$8,619,399
$11,269,042

$30,825,039
$52,036,812
$82,861,851

$10,470,000
$30,000,000
$40,470,000

$545,228,850

$10,470,000

$1,912,543
$1,213,525
$3,126,068

$22,673,223
$3,424,837
$26,098,060

$3,345,000
$61,970,000
$65,315,000

$164,337,077

$3,345,000

$247,112
$2,529,242
$2,776,354

$6,016,447
$12,554,696
$18,571,143

Tempe UHSD
General Obligation
General Obligation-Class B
Totals for Tempe UHSD

214

15% DEBT

Phoenix UHSD
General Obligation
General Obligation-Class B
Totals for Phoenix UHSD

213

15% CAPACITY

Glendale UHSD
General Obligation
General Obligation-Class B
Totals for Glendale UHSD

210

CURRENT
OUTSTANDING
PRINCIPAL

Buckeye UHSD
General Obligation
General Obligation-Class B
Totals for Buckeye UHSD

205

PAID IN FISCAL
YEAR 2012

Fountain Hills USD
General Obligation
General Obligation-Class B
Totals for Fountain Hills USD

201

PAID THROUGH
6/30/11

Deer Valley USD
General Obligation-Class B
Totals for Deer Valley USD

98

ORIGINAL
PRINCIPAL

Queen Creek USD
General Obligation
General Obligation-Class B
Totals for Queen Creek USD

97

# OF
ISSUES

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

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

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
216

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Agua Fria UHSD
1
7
8

$9,410,000
$78,880,000
$88,290,000

$2,835,000
$19,860,000
$22,695,000

$0
$5,375,000
$5,375,000

$6,575,000
$53,645,000
$60,220,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$5,700,000

$0

$950,000

$4,750,000

$159,216

$159,216

75

$1,493,780,000

$743,980,000

$261,970,000

$487,830,000

$33,250,050

$483,117,080

General Obligation-Class B

211

$3,913,600,000

$908,490,000

$348,870,000

$2,656,240,000

$113,199,688

$522,729,632

Grand Totals:

287

$5,413,080,000

$1,652,470,000

$611,790,000

$3,148,820,000

$146,608,954

$1,006,005,928

General Obligation
General Obligation-Class B
Totals for Agua Fria UHSD
401

# OF
ISSUES

$153,749,207

$6,575,000

$293,656
$1,541,009
$1,834,665

$2,932,533
$11,214,822
$14,147,355

$0
$0

$0
$0

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

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

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
1

# OF
ISSUES

Totals for Lake Havasu USD

General Obligation-Class B

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

2

$23,030,000

$5,995,000

$3,995,000

$13,040,000

2

$23,030,000

$5,995,000

$3,995,000

2

$20,785,000

$11,830,000

2

$20,785,000

$11,830,000

0

$0

0

$182,243,359

$13,040,000

$743,465

$12,751,848

$13,040,000

$743,465

$12,751,848

$1,975,000

$6,980,000

$351,094

$3,968,895

$1,975,000

$6,980,000

$351,094

$3,968,895

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

0

$0

$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

$625,000

$500,000

$60,000

$65,000

$6,563

$335,262

General Obligation-Class B

1

$1,600,000

$0

$10,000

$1,590,000

$88,425

$257,108

2

$2,225,000

$500,000

$70,000

$1,655,000

$94,988

$592,370

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Littlefield USD
$5,222,849

$65,000

Fredonia-Moccasin USD

Topock ESD
Totals for Topock ESD

13

30% DEBT

0

Totals for Fredonia-Moccasin USD
12

30% CAPACITY

0

Totals for Littlefield USD
10

15% DEBT

Peach Springs
Totals for Peach Springs

9

15% CAPACITY

Owens ESD
Totals for Owens ESD

8

CURRENT
OUTSTANDING
PRINCIPAL

Hackberry ESD
Totals for Hackberry ESD

6

PAID IN FISCAL
YEAR 2012

Colorado River UHSD
Totals for Colorado River UHSD

3

PAID THROUGH
6/30/11

Lake Havasu USD
General Obligation

2

ORIGINAL
PRINCIPAL

Yucca ESD
Totals for Yucca ESD

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
14

# OF
ISSUES

Totals for Colorado City USD

Totals for Mohave Valley ESD

General Obligation-Class B

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

2

$1,885,000

$995,000

$120,000

$770,000

2

$1,885,000

$995,000

$120,000

$770,000

1

$8,965,000

$3,800,000

$345,000

$4,820,000

1

$8,965,000

$3,800,000

$345,000

$3,960,007

$770,000

$59,625

$1,585,547

$59,625

$1,585,547

$172,775

$2,324,373

$4,820,000

$172,775

$2,324,373

$33,006,297

$4,820,000

3

$79,990,000

$9,675,000

$2,400,000

$67,915,000

$3,335,794

$12,739,445

3

$79,990,000

$9,675,000

$2,400,000

$67,915,000

$3,335,794

$12,739,445

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

6
6

$34,505,000
$102,375,000

$11,290,000
$21,505,000

$4,520,000
$4,385,000

$18,695,000
$76,485,000

$982,428
$3,775,313

$16,997,030
$16,965,448

12

$136,880,000

$32,795,000

$8,905,000

$95,180,000

$4,757,741

$33,962,478

Valentine ESD
Totals for Valentine ESD

30

CURRENT
OUTSTANDING
PRINCIPAL

Kingman USD
Totals for Kingman USD

22

PAID IN FISCAL
YEAR 2012

Mohave Valley ESD
General Obligation

20

PAID THROUGH
6/30/11

Colorado City USD
General Obligation

16

ORIGINAL
PRINCIPAL

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 52

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
1

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1
1
2

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

$1,145,000
$230,000
$1,375,000

$345,000
$155,000
$500,000

$2,475,000
$2,475,000
$4,950,000

1
1

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

$1,250,000
$1,250,000

$495,000
$495,000

1
1

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

$728,000
$728,000

0
0

$0
$0

2
2

$15,616,278

$2,475,000

$116,137
$128,413

$1,374,825
$576,353

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

$178,288

$945,228

$180,000
$180,000

$3,190,000
$3,190,000

$144,094

$1,047,689

$0
$0

$0
$0

$0
$0

$0

$0

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

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

$1,140,000
$1,140,000

$7,090,000
$7,090,000

$331,311

$2,425,234

1
1

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

$625,000
$625,000

$405,000
$405,000

$9,185,000
$9,185,000

$448,250

$1,557,229

1
1

$6,535,000
$6,535,000

$1,160,000
$1,160,000

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

$4,325,000
$4,325,000

$284,675

$2,827,486

1
1

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

$6,125,000
$6,125,000

$1,460,000
$1,460,000

$10,210,000
$10,210,000

$542,969

$4,079,222

1
1

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

$2,235,000
$2,235,000

$380,000
$380,000

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

$126,538

$1,436,830

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$68,414,231

$4,325,000

Cedar USD
Impact Aid Revenue
Totals for Cedar USD

27

30% DEBT

Whiteriver USD
Impact Aid Revenue
Totals for Whiteriver USD

25

30% CAPACITY

Show Low USD
General Obligation
Totals for Show Low USD

20

15% DEBT

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

10

15% CAPACITY

Snowflake USD
General Obligation-Class B
Totals for Snowflake USD

6

CURRENT
OUTSTANDING
PRINCIPAL

Pinon USD
Totals for Pinon USD

5

PAID IN FISCAL
YEAR 2012

Holbrook USD
General Obligation-Class B
Totals for Holbrook USD

4

PAID THROUGH
6/30/11

Joseph City USD
General Obligation-Class B
Totals for Joseph City USD

3

ORIGINAL
PRINCIPAL

Winslow USD
General Obligation
Impact Aid Revenue
Totals for Winslow USD

2

# OF
ISSUES

Kayenta USD
Totals for Kayenta USD

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

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
32

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

1
2
3

$9,815,000
$20,000,000
$29,815,000

$5,765,000
$0
$5,765,000

$1,450,000
$0
$1,450,000

$2,600,000
$20,000,000
$22,600,000

General Obligation

3

$20,315,000

$8,070,000

$2,845,000

$9,400,000

$603,312

$8,924,499

General Obligation-Class B

7

$49,713,000

$4,573,000

$2,220,000

$42,920,000

$2,007,491

$11,309,317

Impact Aid Revenue

3

$25,455,000

$8,590,000

$1,995,000

$14,870,000

$797,920

$6,092,405

13

$95,483,000

$21,233,000

$7,060,000

$67,190,000

$3,408,723

$26,326,221

Grand Totals:

$92,248,748

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 54

$2,600,000

$202,500
$905,548

$4,722,188
$5,333,937

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
0

# OF
ISSUES

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$0
$0

$0
$0

$65,073,980

$3,701,109
$9,696,232
$13,397,341

$63,911,108
$40,788,358
$104,699,466

$5,395,000

$358,275
$1,648,801
$2,007,076

$6,188,477
$9,198,148
$15,386,625

$22,370,000
$22,370,000

$1,228,098
$1,228,098

$2,788,448
$2,788,448

$12,600,000
$12,600,000

$83,035,000
$83,035,000

$3,895,200
$3,895,200

$9,185,159
$9,185,159

$27,695,000
$0
$27,695,000

$6,255,000
$0
$6,255,000

$7,490,000
$14,675,000
$22,165,000

$602,775
$0
$602,775

$12,875,444
$0
$12,875,444

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

$210,000
$210,000

$420,000
$420,000

$13,370,000
$13,370,000

$722,836
$722,836

$1,653,764
$1,653,764

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

5
9
14

$281,370,000
$268,320,000
$549,690,000

$162,665,000
$29,120,000
$191,785,000

$53,631,020
$33,598,980
$87,230,000

$65,073,980
$205,601,020
$270,675,000

$1,016,526,766

1
6
7

$23,385,000
$64,680,000
$88,065,000

$16,010,000
$17,320,000
$33,330,000

$1,980,000
$6,510,000
$8,490,000

$5,395,000
$40,850,000
$46,245,000

$238,369,819

3
3

$27,280,000
$27,280,000

$3,335,000
$3,335,000

$1,575,000
$1,575,000

3
3

$99,000,000
$99,000,000

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

4
1
5

$41,440,000
$14,675,000
$56,115,000

1
1

0
0

$136,559,376

$7,490,000

Tanque Verde USD
General Obligation-Class B
Totals for Tanque Verde USD

15

30% CAPACITY

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

13

15% DEBT

Amphitheater USD
General Obligation-Class B
Totals for Amphitheater USD

12

15% CAPACITY

Flowing Wells USD
General Obligation-Class B
Totals for Flowing Wells USD

10

CURRENT
OUTSTANDING
PRINCIPAL

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

8

PAID IN FISCAL
YEAR 2012

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

6

PAID THROUGH
6/30/11

Pima Accomodation
Totals for Pima Accomodation

1

ORIGINAL
PRINCIPAL

Ajo USD
Totals for Ajo USD

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

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
16

# OF
ISSUES

General Obligation-Class B
Totals for Vail USD

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1
5
6

$13,370,000
$35,560,000
$48,930,000

$11,010,000
$4,690,000
$15,700,000

$1,435,000
$1,450,000
$2,885,000

$925,000
$29,420,000
$30,345,000

$188,853,288

$925,000

$101,350
$1,354,173
$1,455,523

$2,292,925
$6,256,763
$8,549,688

2
8
10

$7,920,000
$49,805,000
$57,725,000

$6,375,000
$1,800,000
$8,175,000

$430,746
$1,514,254
$1,945,000

$1,114,254
$46,490,746
$47,605,000

$141,313,433

$1,114,254

$50,994
$2,373,383
$2,424,377

$1,273,643
$8,180,532
$9,454,175

4
4

$50,050,000
$50,050,000

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

$2,640,000
$2,640,000

$45,165,000
$45,165,000

$2,144,662
$2,144,662

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

0
0

$0
$0

$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
2
3

$2,615,000
$11,185,000
$13,800,000

$2,095,000
$0
$2,095,000

$520,000
$0
$520,000

$0
$11,185,000
$11,185,000

$28,000
$94,444
$122,444

$642,384
$94,444
$736,828

1
1

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

$11,145,000
$11,145,000

$1,245,000
$1,245,000

$715,000
$715,000

$179,744
$179,744

$3,617,304
$3,617,304

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Redington ESD
Totals for Redington ESD

51

30% DEBT

Indian Oasis USD
Impact Aid Revenue
Totals for Indian Oasis USD

44

30% CAPACITY

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

40

15% DEBT

Empire ESD
Totals for Empire ESD

39

15% CAPACITY

San Fernando ESD
Totals for San Fernando ESD

37

CURRENT
OUTSTANDING
PRINCIPAL

Sahuarita USD
General Obligation-Class B
Totals for Sahuarita USD

35

PAID IN FISCAL
YEAR 2012

Vail USD
General Obligation

30

PAID THROUGH
6/30/11

Catalina Foothills USD
General Obligation
General Obligation-Class B
Totals for Catalina Foothills USD

20

ORIGINAL
PRINCIPAL

Altar Valley ESD
Totals for Altar Valley ESD

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

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
99

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pima Special Programs
$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation

14

$370,100,000

$225,850,000

$64,251,766

$79,998,234

$4,842,503

$87,183,981

General Obligation-Class B

42

$634,555,000

$62,085,000

$60,308,234

$512,161,766

$23,157,829

$84,146,581

1

$13,105,000

$11,145,000

$1,245,000

$715,000

$179,744

$3,617,304

57

$1,017,760,000

$299,080,000

$125,805,000

$592,875,000

$28,180,076

$174,947,866

Totals for Pima Special Programs

Impact Aid Revenue
Grand Totals:

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

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

Totals for Florence USD

Totals for Ray USD

Totals for Casa Grande ESD

Totals for Eloy ESD

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

7

$71,390,000

$22,075,000

$6,745,000

$42,570,000

$1,218,955

$8,853,241

7

$71,390,000

$22,075,000

$6,745,000

$42,570,000

$1,218,955

$8,853,241

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$4,169,192

$1,360,000

$1,604,859

$1,204,333

$51,879

$1,851,816

2

$4,169,192

$1,360,000

$1,604,859

$1,204,333

$51,879

$1,851,816

5

$30,470,000

$12,490,000

$3,725,000

$14,255,000

$657,375

$4,312,600

5

$30,470,000

$12,490,000

$3,725,000

$14,255,000

$657,375

$4,312,600

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$1,490,000

$0

$0

$1,490,000

$0

$0

1

$1,490,000

$0

$0

$1,490,000

$0

$0

3

$3,634,120

$1,049,120

$1,438,000

$1,147,000

$17,499

$1,388,780

3

$3,634,120

$1,049,120

$1,438,000

$1,147,000

$17,499

$1,388,780

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Superior USD
General Obligation
Totals for Superior USD

18

30% DEBT

Eloy ESD
General Obligation-Class B

15

30% CAPACITY

Mammoth-San Manuel US
Totals for Mammoth-San Manuel USD

11

15% DEBT

Red Rock ESD
Totals for Red Rock ESD

8

15% CAPACITY

Casa Grande ESD
General Obligation-Class B

5

CURRENT
OUTSTANDING
PRINCIPAL

Ray USD
General Obligation-Class B

4

PAID IN FISCAL
YEAR 2012

Oracle ESD
Totals for Oracle ESD

3

PAID THROUGH
6/30/11

Florence USD
General Obligation-Class B

2

ORIGINAL
PRINCIPAL

$6,915,255

$1,147,000

Sacaton ESD
Totals for Sacaton ESD

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

Page 58

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

20

# OF
ISSUES

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$62,805

$597,817

$925,000

General Obligation-Class B

6

$51,390,000

$3,000,000

$6,070,000

$42,320,000

$1,961,644

$7,850,864

8

$52,980,000

$3,285,000

$6,450,000

$43,245,000

$2,024,449

$8,448,681

$74,318,197

$925,000

Coolidge USD
General Obligation

2

$920,000

$500,000

$235,000

$185,000

$12,169

$169,128

General Obligation-Class B

5

$41,905,000

$6,360,000

$4,555,000

$30,990,000

$1,369,012

$7,245,758

7

$42,825,000

$6,860,000

$4,790,000

$31,175,000

$1,381,181

$7,414,886

$53,722,015

$185,000

1

$4,000,000

$0

$195,000

$3,805,000

$18,803

$18,803

1

$4,000,000

$0

$195,000

$3,805,000

$18,803

$18,803

1

$1,185,000

$975,000

$0

$210,000

$8,728

$215,455

1

$1,185,000

$975,000

$0

$210,000

$8,728

$215,455

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

3

$32,010,000

$11,070,000

$2,220,000

$18,720,000

$1,014,294

$11,731,326

General Obligation-Class B

4

$47,050,000

$17,155,000

$1,900,000

$27,995,000

$1,324,013

$7,310,981

7

$79,060,000

$28,225,000

$4,120,000

$46,715,000

$2,338,307

$19,042,307

4

$20,980,000

$3,220,000

$400,000

$17,360,000

$825,106

$3,913,959

4

$20,980,000

$3,220,000

$400,000

$17,360,000

$825,106

$3,913,959

2

$38,000,000

$6,120,000

$1,550,000

$30,330,000

$1,431,625

$7,318,998

2

$38,000,000

$6,120,000

$1,550,000

$30,330,000

$1,431,625

$7,318,998

Toltec ESD

Stanfield ESD

Picacho ESD
Totals for Picacho ESD
Apache Junction USD

Totals for Apache Junction USD

$117,920,144

$18,720,000

J O Combs USD
General Obligation-Class B
Totals for J O Combs USD

102

30% CAPACITY

$380,000

Totals for Stanfield ESD

44

15% DEBT

$285,000

General Obligation-Class B

43

15% CAPACITY

$1,590,000

Totals for Toltec ESD

33

CURRENT
OUTSTANDING
PRINCIPAL

2

General Obligation-Class B

24

PAID IN FISCAL
YEAR 2012

General Obligation

Totals for Coolidge USD
22

PAID THROUGH
6/30/11

Maricopa USD

Totals for Maricopa USD
21

ORIGINAL
PRINCIPAL

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

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

Page 59

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

109

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

$5,810,000

$665,000

$0

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Santa Cruz Valley UHSD
General Obligation

2

$6,475,000

$31,983

$2,892,362

2

$7,567,520

$0

$520,000

$7,047,520

$280,017

$280,017

4

$14,042,520

$5,810,000

$1,185,000

$7,047,520

$311,999

$3,172,378

General Obligation

12

$44,629,120

$18,714,120

$4,938,000

$20,977,000

$1,138,750

$16,779,413

General Obligation-Class B

40

$319,596,712

$72,755,000

$27,264,859

$219,576,853

$9,147,156

$49,172,490

Grand Totals:

52

$364,225,832

$91,469,120

$32,202,859

$240,553,853

$10,285,905

$65,951,903

General Obligation-Class B
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 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
1

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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-Class B

2

$10,000,000

$2,025,000

$955,000

$7,020,000

$328,113

$1,794,736

Totals for Santa Cruz Valley USD

2

$10,000,000

$2,025,000

$955,000

$7,020,000

$328,113

$1,794,736

General Obligation-Class B

2

$10,000,000

$2.025.000

$955,000

$7,020,000

$328,113

$1,794,736

Grand Totals:

2

$10,000,000

$2.025.000

$955,000

$7,020,000

$328,113

$1,794,736

Patagonia ESD

Patagonia UHSD

Sonoita ESD

Santa Cruz ESD
Totals for Santa Cruz ESD

35

CURRENT
OUTSTANDING
PRINCIPAL

$0

Totals for Sonoita ESD
28

PAID IN FISCAL
YEAR 2012

$0

Totals for Patagonia UHSD
25

PAID THROUGH
6/30/11

0

Totals for Patagonia ESD
20

ORIGINAL
PRINCIPAL

Nogales USD
Totals for Nogales USD

6

# OF
ISSUES

Santa Cruz Valley USD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 61

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
1

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

2
2

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

$7,540,000
$7,540,000

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

$9,010,000
$9,010,000

$451,131

$4,053,078

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

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

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

$925,000
$925,000

$12,025,000
$12,025,000

$558,294

$3,275,358

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

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

$9,100,000
$9,100,000

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

$61,100,000
$61,100,000

$3,133,182

$11,512,502

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

Skull Valley ESD
Totals for Skull Valley ESD

17

30% DEBT

Champie ESD
Totals for Champie ESD

15

30% CAPACITY

Sedona-Oak Creek USD
General Obligation-Class B
Totals for Sedona-Oak Creek USD

14

15% DEBT

Walnut Grove ESD
Totals for Walnut Grove ESD

9

15% CAPACITY

Cottonwood-Oak Creek ES
Totals for Cottonwood-Oak Creek ESD

7

CURRENT
OUTSTANDING
PRINCIPAL

Mingus UHSD
General Obligation-Class B
Totals for Mingus UHSD

6

PAID IN FISCAL
YEAR 2012

Clarkdale-Jerome ESD
Totals for Clarkdale-Jerome ESD

4

PAID THROUGH
6/30/11

Williamson Valley ESD
Totals for Williamson Valley ESD

3

ORIGINAL
PRINCIPAL

Prescott USD
General Obligation-Class B
Totals for Prescott USD

2

# OF
ISSUES

Congress ESD
Totals for Congress ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 62

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
22

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

4
4
8

$21,990,000
$50,275,000
$72,265,000

$9,805,000
$8,735,000
$18,540,000

$3,715,000
$5,155,000
$8,870,000

$8,470,000
$36,385,000
$44,855,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

2
1
3

$1,990,000
$3,255,000
$5,245,000

$1,510,000
$0
$1,510,000

$150,000
$0
$150,000

$330,000
$3,255,000
$3,585,000

0
0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

0
0

$0
$0

0
0

$127,221,662

$8,470,000

$483,034
$1,522,570

$7,574,038
$7,709,837

$0

$0

$24,120
$173,581

$914,848
$378,216

$0
$0

$0

$0

$0
$0

$0
$0

$0

$0

$0
$0

$0
$0

$0
$0

$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

$170,000
$170,000

$80,000
$80,000

$1,750,000
$1,750,000

$71,763

$330,479

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

$6,467,297

$330,000

Mayer USD
General Obligation-Class B
Totals for Mayer USD

50

30% DEBT

Crown King ESD
Totals for Crown King ESD

43

30% CAPACITY

Seligman USD
Totals for Seligman USD

41

15% DEBT

Hillside ESD
Totals for Hillside ESD

40

15% CAPACITY

Ash Fork USD
Totals for Ash Fork USD

35

CURRENT
OUTSTANDING
PRINCIPAL

Camp Verde ESD
Totals for Camp Verde ESD

31

PAID IN FISCAL
YEAR 2012

Beaver Creek ESD
General Obligation
General Obligation-Class B
Totals for Beaver Creek ESD

28

PAID THROUGH
6/30/11

Kirkland ESD
Totals for Kirkland ESD

26

ORIGINAL
PRINCIPAL

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

23

# OF
ISSUES

Canon ESD
Totals for Canon ESD

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 63

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
51

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Chino Valley USD
2
2

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

$4,700,000
$4,700,000

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

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

8

$30,980,000

$16,015,000

$5,015,000

$9,950,000

$616,417

$12,066,431

General Obligation-Class B

12

$162,630,000

$27,595,000

$11,510,000

$123,525,000

$5,910,521

$27,259,470

Grand Totals:

20

$193,610,000

$43,610,000

$16,525,000

$133,475,000

$6,526,938

$39,325,901

General Obligation
Totals for Chino Valley USD
52

# OF
ISSUES

$60,814,863

$1,150,000

$109,263

$3,577,545

$0

$0

Yarnell ESD
Totals for Yarnell ESD
General Obligation

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 64

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
1

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1
1

$11,810,000
$11,810,000

$3,225,000
$3,225,000

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

$5,860,000
$5,860,000

2
2

$4,075,000
$4,075,000

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

$420,000
$420,000

$1,815,000
$1,815,000

3
3
6

$11,355,000
$11,870,000
$23,225,000

$6,765,000
$2,735,000
$9,500,000

$675,000
$545,000
$1,220,000

$3,915,000
$8,590,000
$12,505,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

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

$135,000
$135,000

$625,000
$625,000

1
1

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

$1,250,000
$1,250,000

$150,000
$150,000

$0
$0

2
2

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

$720,000
$720,000

$125,000
$125,000

$325,000
$325,000

1
1

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

$455,000
$455,000

$145,000
$145,000

$1,750,000
$1,750,000

1
3
4

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

$4,785,000
$36,185,000
$40,970,000

$0
$8,255,000
$8,255,000

$4,360,000
$25,560,000
$29,920,000

$132,245,490

$5,860,000

$429,250
$429,250

$6,104,917
$6,104,917

$89,026
$89,026

$947,880
$947,880

$35,027,436

$3,915,000

$227,534
$395,963
$623,497

$5,144,656
$2,635,316
$7,779,972

$0
$0

$0
$0

$3,036,945

$625,000

$46,360
$46,360

$175,050
$175,050

$3,000
$3,000

$829,748
$829,748

$10,653,758

$325,000

$35,484
$35,484

$583,218
$583,218

$96,443
$96,443

$473,251
$473,251

$198,150
$1,671,225
$1,869,375

$1,340,606
$12,850,380
$14,190,986

Antelope UHSD
General Obligation-Class B
Totals for Antelope UHSD

70

30% CAPACITY

Gadsden ESD
General Obligation
Totals for Gadsden ESD

50

15% DEBT

Wellton ESD
General Obligation
Totals for Wellton ESD

32

15% CAPACITY

Mohawk Valley ESD
General Obligation
Totals for Mohawk Valley ESD

24

CURRENT
OUTSTANDING
PRINCIPAL

Hyder ESD
Totals for Hyder ESD

17

PAID IN FISCAL
YEAR 2012

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

16

PAID THROUGH
6/30/11

Somerton ESD
General Obligation-Class B
Totals for Somerton ESD

13

ORIGINAL
PRINCIPAL

Yuma ESD
General Obligation
Totals for Yuma ESD

11

# OF
ISSUES

Yuma UHSD
General Obligation
General Obligation-Class B
Totals for Yuma UHSD

$187,783,043

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 65

$4,360,000

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2012 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

30% CAPACITY

30% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

General Obligation

9

$36,930,000

$18,035,000

$3,810,000

$15,085,000

$939,778

$14,178,195

General Obligation-Class B

9

$88,295,000

$41,215,000

$9,365,000

$37,715,000

$2,252,657

$16,906,827

18

$125,225,000

$59,250,000

$13,175,000

$52,800,000

$3,192,435

$31,085,022

Grand Totals:

*Debt limit has been reduced as a result of the use of Capital Appreciation Bonds
Page 66

TABLE 19
OUTSTANDING CLASS B GENERAL OBLIGATION INDEBTEDNESS AS OF JUNE 30, 2012
BY SCHOOL DISTRICT
SCHOOL DISTRICT
Concho ESD
Round Valley USD
Window Rock USD
Benson USD
Douglas USD
Willcox USD
Flagstaff USD
Grand Canyon USD
Payson USD
Pima USD
Safford USD
Morenci USD
Agua Fria UHSD
Arlington ESD
Avondale ESD
Balsz ESD
Buckeye ESD
Buckeye UHSD
Cartwright ESD
Cave Creek USD
Chandler USD
Creighton ESD
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

COUNTY
Apache
Apache
Apache
Cochise
Cochise
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

CLASS B
CURRENT
CAPACITY*
$1,827,840
$35,813,721
$3,517,500
$8,674,041
$7,602,284
$7,195,113
$125,192,082
$1,455,387
$29,181,316
$1,762,193
$12,206,236
$25,350,456
$51,249,736
$15,081,861
$19,030,555
$15,555,557
$9,481,397
$35,889,635
$25,722,000
$181,919,182
$217,128,890
$21,775,546
$228,763,953
$116,458,496
$47,637,642
$14,248,524
$13,452,159
$175,090,103
$18,406,500
$81,928,273
$47,192,479
$102,636,844
$10,789,561
$9,867,335
$32,219,181
$12,740,717
$51,681,120
$307,671,165
$6,792,059
$3,627,547
$24,655,043
$1,459,041
$329,452,570
$15,513,499
$164,462,641
$38,660,256
$266,265,255
$23,922,317
$20,174,547
$32,330,419
$86,405,846

CLASS B DEBT
$1,000,000
$7,525,000
$2,510,000
$7,120,000
$6,925,000
$7,195,000
$36,750,000
$650,000
$33,745,000
$770,000
$3,225,000
$680,000
$53,645,000
$790,000
$27,320,000
$15,555,000
$15,995,000
$49,225,000
$16,820,000
$16,175,000
$185,885,000
$15,400,000
$186,625,000
$158,830,000
$9,505,000
$13,230,000
$3,330,000
$145,880,000
$18,060,000
$79,755,000
$51,695,000
$102,215,000
$13,675,000
$8,595,000
$35,675,000
$14,840,000
$54,765,000
$186,900,000
$7,705,000
$1,295,000
$32,460,000
$700,000
$173,935,000
$9,930,000
$119,560,000
$47,000,000
$185,895,000
$33,900,000
$20,170,000
$50,265,000
$16,700,000

*Current Capacity is based on current valuation. Debt in excess of current capacity is not a reflection of the validity of
the bonds at the time they were issued.
Page 67

TABLE 19
OUTSTANDING CLASS B GENERAL OBLIGATION INDEBTEDNESS AS OF JUNE 30, 2012
BY SCHOOL DISTRICT
SCHOOL DISTRICT
Scottsdale USD
Tempe ESD
Tempe UHSD
Tolleson ESD
Tolleson UHSD
Washington ESD
Wickenburg USD
Wilson ESD
Colorado River UHSD
Kingman USD
Littlefield USD
Blue Ridge USD
Heber-Overgaard USD
Holbrook USD
Joseph City USD
Snowflake USD
Amphitheater USD
Catalina Foothills USD
Continental ESD
Flowing Wells USD
Marana USD
Sahuarita USD
Sunnyside USD
Tanque Verde USD
Tucson USD
Vail USD
Apache Junction USD
Casa Grande ESD
Casa Grande UHSD
Coolidge USD
Eloy ESD
Florence USD
J O Combs USD
Maricopa USD
Ray USD
Stanfield ESD
Santa Cruz Valley UHSD
Toltec ESD
Santa Cruz Valley USD
Beaver Creek ESD
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
Maricopa
Maricopa
Maricopa
Maricopa
Mohave
Mohave
Mohave
Navajo
Navajo
Navajo
Navajo
Navajo
Pima
Pima
Pima
Pima
Pima
Pima
Pima
Pima
Pima
Pima
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Pinal
Santa Cruz
Yavapai
Yavapai
Yavapai
Yavapai
Yavapai
Yavapai
Yuma
Yuma
Yuma
Yuma

CLASS B
CURRENT
CAPACITY*
$496,021,051
$79,106,106
$181,742,950
$9,731,510
$54,779,026
$66,282,242
$18,840,269
$5,577,899
$27,895,245
$68,509,697
$3,481,899
$30,749,583
$10,550,831
$5,112,929
$16,619,870
$10,854,959
$154,955,688
$62,951,096
$16,916,384
$21,261,618
$79,456,606
$31,908,545
$45,519,792
$20,070,184
$338,842,255
$47,104,478
$39,306,715
$23,058,018
$29,619,617
$17,907,338
$1,474,500
$26,330,910
$12,039,394
$24,772,732
$7,415,673
$2,044,844
$5,650,006
$4,362,585
$18,465,135
$2,155,766
$42,407,221
$4,365,889
$16,905,998
$90,381,480
$57,763,995
$3,020,345
$11,675,812
$3,285,453
$62,594,348

CLASS B DEBT
$241,780,000
$97,495,000
$30,000,000
$10,830,000
$61,970,000
$30,345,000
$825,000
$3,095,000
$6,980,000
$67,915,000
$1,590,000
$20,000,000
$9,185,000
$3,190,000
$3,455,000
$7,090,000
$83,035,000
$29,420,000
$11,185,000
$22,370,000
$40,850,000
$45,165,000
$14,675,000
$13,370,000
$205,601,020
$46,490,746
$27,995,000
$14,255,000
$30,330,000
$30,990,000
$1,490,000
$42,570,000
$17,360,000
$42,320,000
$1,204,333
$210,000
$7,047,520
$3,805,000
$7,020,000
$3,255,000
$36,385,000
$1,750,000
$12,025,000
$9,010,000
$61,100,000
$1,750,000
$8,590,000
$1,815,000
$25,560,000

*Current Capacity is based on current valuation. Debt in excess of current capacity is not a reflection of the validity of
the bonds at the time they were issued.
Page 68

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2012, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Scottsdale USD
Tucson USD
Paradise Valley USD
Phoenix UHSD
Mesa USD
Chandler USD
Deer Valley USD
Peoria USD
Dysart USD
Gilbert USD
Kyrene ESD
Tempe ESD
Glendale UHSD
Amphitheater USD
Washington ESD
Madison ESD
Kingman USD
Roosevelt ESD
Tolleson UHSD
Sedona-Oak Creek USD
Agua Fria UHSD
Phoenix ESD
Higley USD
Buckeye UHSD
Vail USD
Apache Junction USD
Marana USD
Sahuarita USD
Humboldt USD
Maricopa USD
Florence USD
Queen Creek USD
Tempe UHSD
Osborn ESD
Flagstaff USD
Litchfield ESD
Payson USD
Coolidge USD
Catalina Foothills USD
Casa Grande UHSD
Yuma UHSD
Avondale ESD
Blue Ridge USD
Flowing Wells USD
Sunnyside USD
Window Rock USD
Riverside ESD
Glendale ESD
Balsz ESD
JO Combs ESD
Cartwright ESD

COUNTY
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Mohave
Maricopa
Maricopa
Yavapai
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Pinal
Pima
Pima
Yavapai
Pinal
Pinal
Maricopa
Maricopa
Maricopa
Coconino
Maricopa
Gila
Pinal
Pima
Pinal
Yuma
Maricopa
Navajo
Pima
Pima
Apache
Maricopa
Maricopa
Maricopa
Pinal
Maricopa

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$291,545,000
$11,810
11
$270,675,000
$5,638
48
$265,120,000
$8,419
26
$221,745,000
$8,700
25
$210,315,000
$3,461
74
$194,325,000
$5,145
55
$186,625,000
$5,631
49
$185,730,000
$5,309
52
$174,425,000
$7,397
34
$153,565,000
$4,220
62
$120,910,000
$7,199
35
$114,010,000
$10,332
17
$88,350,000
$5,981
46
$83,035,000
$6,091
44
$76,395,000
$3,650
72
$69,950,000
$12,654
10
$67,915,000
$10,323
18
$66,395,000
$6,853
38
$65,315,000
$6,819
39
$61,100,000
$48,646
1
$60,220,000
$9,033
24
$57,880,000
$8,405
27
$51,695,000
$5,244
53
$49,925,000
$13,682
8
$47,605,000
$5,428
50
$46,715,000
$10,347
16
$46,245,000
$3,875
69
$45,165,000
$9,353
20
$44,855,000
$7,961
32
$43,245,000
$7,998
30
$42,570,000
$5,227
54
$40,945,000
$8,273
29
$40,470,000
$2,980
82
$39,635,000
$14,221
7
$36,750,000
$4,094
64
$35,675,000
$3,698
71
$33,745,000
$15,194
6
$31,175,000
$9,057
23
$30,345,000
$6,297
42
$30,330,000
$9,324
21
$29,920,000
$2,756
87
$28,840,000
$5,357
51
$22,600,000
$10,372
15
$22,370,000
$4,426
60
$22,165,000
$1,349
109
$21,760,000
$9,279
22
$20,170,000
$27,405
2
$18,060,000
$1,472
108
$17,555,000
$6,898
37
$17,360,000
$4,212
63
$16,820,000
$981
114
Page 69

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2012, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Saddle Mountain USD
Cave Creek USD
Buckeye ESD
Creighton ESD
Littleton ESD
Casa Grande ESD
Laveen ESD
Tanque Verde USD
Fowler ESD
Lake Havasu USD
Wickenburg USD
Crane ESD
Mingus USHD
Continental ESD
Alhambra ESD
Tolleson ESD
Whiteriver USD
Pendergast ESD
Fountain Hills USD
Heber-Overgaard USD
Prescott USD
Liberty ESD
Page USD
Murphy ESD
Round Valley USD
Willcox USD
Benson USD
Snowflake USD
Santa Cruz Valley UHSD
Santa Cruz Valley USD
Colorado River UHSD
Douglas USD
Yuma ESD
Winslow USD
Mohave Valley ESD
Show Low USD
Ganado USD
Toltec ESD
Beaver Creek ESD
Joseph City USD
Gila Bend USD
Safford USD
Holbrook USD
Wilson ESD
Cedar USD
Somerton ESD
Antelope UHSD
Mayer USD
Littlefield ESD
Eloy ESD
Duncan USD

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

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$16,700,000
$13,381
9
$16,175,000
$2,918
84
$15,995,000
$3,829
70
$15,400,000
$2,516
91
$15,365,000
$3,196
77
$14,255,000
$2,063
99
$13,675,000
$2,640
90
$13,370,000
$7,963
31
$13,230,000
$3,054
80
$13,040,000
$2,405
94
$12,900,000
$11,549
12
$12,505,000
$2,152
98
$12,025,000
$10,530
14
$11,185,000
$23,062
3
$10,995,000
$826
115
$10,830,000
$4,230
61
$10,210,000
$5,113
56
$9,930,000
$1,069
113
$9,505,000
$5,045
57
$9,185,000
$19,710
4
$9,010,000
$1,865
101
$8,595,000
$2,813
86
$8,465,000
$3,217
76
$7,705,000
$4,053
66
$7,525,000
$5,847
47
$7,195,000
$6,235
43
$7,120,000
$6,685
40
$7,090,000
$2,916
85
$7,047,520
$19,256
5
$7,020,000
$2,173
96
$6,980,000
$3,157
78
$6,925,000
$1,769
102
$5,860,000
$672
119
$4,950,000
$2,332
95
$4,820,000
$3,030
81
$4,325,000
$1,921
100
$4,250,000
$3,082
79
$3,805,000
$3,352
75
$3,585,000
$11,309
13
$3,455,000
$7,712
33
$3,330,000
$8,284
28
$3,225,000
$1,086
112
$3,190,000
$1,623
106
$3,095,000
$2,703
88
$2,185,000
$9,977
19
$1,815,000
$714
118
$1,750,000
$6,076
45
$1,750,000
$4,079
65
$1,655,000
$3,629
73
$1,490,000
$1,516
107
$1,480,000
$4,471
59
Page 70

TABLE 20
OUTSTANDING BONDED INDEBTEDNESS AS OF JUNE 30, 2012, BY SCHOOL DISTRICT

SCHOOL DISTRICT
Tuba City USD
Nadaburg ESD
Ray USD
Chino Valley USD
Superior USD
Grand Canyon USD
St David USD
Concho ESD
Red Mesa USD
Bicentennial UHSD
Arlington ESD
Colorado City USD
Pima USD
Indian Oasis USD
Palo Verde ESD
Morenci USD
Mohawk Valley ESD
Thatcher USD
Valley UHSD
Quartzsite ESD
Bisbee USD
Gadsden ESD
Stanfield ESD

COUNTY
Coconino
Maricopa
Pinal
Yavapai
Pinal
Coconino
Cochise
Apache
Apache
La Paz
Maricopa
Mohave
Graham
Pima
Maricopa
Greenlee
Yuma
Graham
Cochise
La Paz
Cochise
Yuma
Pinal

OUTSTANDING BONDED DEBT PER
DEBT PER
INDEBTEDNESS
STUDENT STUDENT RANK
$1,310,000
$813
116
$1,295,000
$1,669
104
$1,204,333
$2,458
92
$1,150,000
$523
121
$1,147,000
$2,692
89
$1,070,000
$3,919
68
$1,025,000
$2,435
93
$1,000,000
$7,092
36
$990,000
$1,135
110
$840,000
$6,364
41
$790,000
$2,959
83
$770,000
$2,169
97
$770,000
$1,098
111
$715,000
$794
117
$700,000
$1,675
103
$680,000
$567
120
$625,000
$4,496
58
$400,000
$278
124
$390,000
$3,939
67
$350,000
$1,651
105
$345,000
$482
122
$325,000
$67
125
$210,000
$344
123

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.
The projects primarily benefit an isolated group
and may or may not be subject to voter approval.
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 alone
and were not included in the county or city or town
debt figures listed in previous sections.
Special district debt has been reported in 12 of
the 15 counties. Of the 647 known special
districts, 163 had outstanding debt at the end of
FY2011/12; 484 reported no debt.
The following table shows the outstanding debt at
the end of FY 2011/12 and FY 2010/11 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.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Pima
Pinal
Santa Cruz
Yavapai
Yuma
Total

FY12
$5.4
$0.0
$16.5
$8.1
$0.0
$0.0
$4.1
$599.5
$70.7
$14.9
$466.8
$230.3
$50.5
$69.5
$71.5
$1,607.8

FY11
$5.9
$0.0
$26.3
$0.2
$0.0
$0.0
$4.3
$608.1
$79.3
$16.0
$505.6
$227.8
$50.5
$73.6
$75.4
$1,673.0

# 12
2
0
15
3
0
0
1
45
6
18
19
23
3
21
7
163

# 11
2
0
17
1
0
0
1
45
8
18
18
21
3
20
7
161

amount has been deposited into a dedicated fund
for the payment of the principal.
The total outstanding debt for the 163 special
districts reporting debt as of June 30, 2012 was
$1.61 billion, a 3.9% decrease compared to the
$1.67 billion reported as of June 30, 2011. The
remaining 484 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.
During FY 2011/12, ten special districts issued
new issues totaling $160.8 million ($128.2 million
for refunding and $40.5 million for new bonds).
Table 42 provides more information.
Special districts are not required to report interest
per A.R.S. § 41-4604. However, 156 special
districts reported interest paid during FY2012 of
$70.0 million on $1.4 billion of outstanding
principal as of June 30, 2012 and $490.0 million
interest paid to date on 264 issues with an original
principal of $2.1 billion.
FIRE DISTRICT GENERAL OBLIGATION DEBT
Total outstanding general obligation debt for 17
fire districts was $97,905,647 as of June 30,
2012. Pursuant to § 48-806, general obligation
debt issued by a fire district is subject to a debit
limit equal to the lesser of 6% of the value of
taxable property in the district (as shown on the
last property tax assessment roll before issuing
the bonds) or the maximum amount specified in
the election order. The table below measures the
current outstanding debt against the current debt
capacity. For districts with general obligation
debt, no district exceeded the 6% statutory debt
limit at the time bonds were issued.

Please note that the outstanding balances listed
in the report should reflect all indebtedness as of
June 30, 2012. However, the year-end balances
should reflect any July 1, 2012 payments, if the

Page 73

FIRE DISTRICT

CURRENT
CAPACITY

Apache Junction
Arizona City
Avra Valley
Black Canyon
Central Yavapai
Chino Valley
Drexel Heights
Ganado
Golder Ranch

$ 22,688,145
$ 1,973,698
$ 2,235,760
$ 1,088,515
$ 38,866,590
$ 8,887,261
$ 11,900,322
$ 1,487,983
$ 39,427,692

DEBT
$ 7,855,000
$ 1,090,000
$ 245,452
$ 820,195
$ 13,650,000
$ 4,470,000
$2,820,000
$ 155,000
$ 11,000,000

% OF
CAPACITY
USED

34.6%
55.2%
11.0%
75.3%
35.1%
50.3%
23.7%
10.4%
27.9%

FIRE DISTRICT

CURRENT
CAPACITY

DEBT

COUNTY TOTAL
FOR SPECIAL
DISTRICTS

% OF
CAPACITY
USED

Maricopa *
$ 13,372,285
$ 2,600,000
19.4%
Mayer
$ 2,149,591
$ 815,000
37.9%
Northwest
$ 63,227,806 $ 31,590,000
50.0%
Picture Rocks
$ 2,421,981
$ 2,245,000
92.7%
Rincon Valley
$6,651,511
$ 5,600,000
84.2%
Rio Rico **
$ 4,692,466
$ 5,245,000
111.8%
Three Points
$ 2,210,073
$1,895,000
85.7%
Tubac
$6,609,879
$5,810,000
87.9%
* Maricopa Fire District dissolved and merged with the City of
Maricopa Fire Department in 2007.
** Rico Rico Fire District had a capacity of $5,366,524 and
outstanding debt of $5,365,000 when the bond was issued.

PER CAPITA DEBT
One method of determining the level of debt for
special districts within a county in relation to
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 total
for special districts compares to others.

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

PER CAPITA DEBT

$1,050.47
$599.49
$473.43
$356.83
$352.70
$329.16
$198.63
$155.98
$150.48
$138.70
$123.04
$74.80
$0
$0
$0

The population measure used to calculate per
capita debt is the July 1, 2011 Department of
Administration estimate.

Page 74

TABLE 21
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Alpine Fire District
Totals for Alpine Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Alpine Sanitary District
Totals for Alpine Sanitary 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

1

$7,190,000

$1,530,000

$430,000

$5,230,000

$255,825

$1,540,212

1

$7,190,000

$1,530,000

$430,000

$5,230,000

$255,825

$1,540,212

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Apache County Flood Control District
Totals for Apache County Flood Control 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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$690,000

$465,000

$70,000

$155,000

$11,813

$388,351

1

$690,000

$465,000

$70,000

$155,000

$11,813

$388,351

Ganado Fire District
General Obligation
Totals for Ganado Fire District
Greer Acres Little Colorado Improvement
Totals for Greer Acres Little Colorado 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

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

Greer Fire District
Totals for Greer Fire District
Little Colorado Sanitary District
Totals for Little Colorado Sanitary District

$0
Page 75

TABLE 21
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Northern Apache County Health Care
Totals for Northern Apache County Health Care

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Nutrioso Volunteer Fire District
Totals for Nutrioso Volunteer 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

Ojo Bonito Estates Domestic WID
Totals for Ojo Bonito Estates Domestic WID
Puerco Valley Fire District
Totals for Puerco Valley Fire District
Vernon Domestic Water Improvement
Totals for Vernon Domestic Water Improvement
Vernon Fire District
Totals for Vernon Fire District
White Mountain Health Care District
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

2

$7,880,000

$1,995,000

$500,000

$5,385,000

$267,638

$1,928,563

Grand Totals:

2

$7,880,000

$1,995,000

$500,000

$5,385,000

$267,638

$1,928,563

Totals for White Mountain Health Care District

Page 76

TABLE 22
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

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

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Bowie Fire District
Totals for Bowie Fire District
Bowie Light District
Totals for Bowie Light District
Bowie Water Improvement
Totals for Bowie Water Improvement
Carmel Light District
Totals for Carmel Light District
Cochise County Flood Control District
Totals for Cochise County Flood Control District
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-J6 Fire District
Totals for Mescal-J6 Fire District

Page 77

TABLE 22
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Naco Fire District
Totals for Naco 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

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Naco Light District
Totals for Naco Light District
Naco Sanitary District
Totals for Naco Sanitary District
Northern Cochise Hospital District
Totals for Northern Cochise Hospital District
Palominas Fire District
Totals for Palominas Fire District
PBW Fire District
Totals for PBW Fire District
Pirtleville Fire District
Totals for Pirtleville Fire District
Pirtleville Light District
Totals for Pirtleville Light District
Pistachio Pass Irrigation District
Totals for Pistachio Pass Irrigation District
Pomerene Domestic WID
Totals for Pomerene Domestic WID
Pomerene Fire District
Totals for Pomerene Fire District

Page 78

TABLE 22
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

San Jose Fire District
Totals for San Jose Fire District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

San Pedro Valley Hospital District
Totals for San Pedro Valley Hospital District
San Simon Fire District
Totals for San Simon Fire District
San Simon Water District
Totals for San Simon Water District
St. David Domestic WID
Totals for St. David Domestic WID
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

Page 79

TABLE 22
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Vanar Flood Control District
Totals for Vanar Flood Control 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

Wellspring Water District
Totals for Wellspring Water District
Whetstone Fire District
Totals for Whetstone Fire District
Whetstone Water District
Totals for Whetstone Water District

Page 80

TABLE 23
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Anasazi Trail Road Improvement
Totals for Anasazi Trail Road 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

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$231,214

$219,916

$11,298

$0

$78

$29,321

1

$231,214

$219,916

$11,298

$0

$78

$29,321

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$21,130,000

$19,160,000

$1,970,000

$0

$88,650

$8,189,529

1

$21,130,000

$19,160,000

$1,970,000

$0

$88,650

$8,189,529

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Badger Creek Domestic WID
Totals for Badger Creek Domestic WID
Blue Ridge Fire District
Totals for Blue Ridge Fire District
Buckboard Trail Road Improvement
Special Assessment
Totals for Buckboard Trail Road Improvement
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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$19,075,000

$945,000

$6,765,000

$11,365,000

$615,731

$4,413,248

1

$19,075,000

$945,000

$6,765,000

$11,365,000

$615,731

$4,413,248

Flagstaff Special Districts
Special Assessment
Totals for Flagstaff Special Districts
Forest Lakes Domestic WID
Totals for Forest Lakes 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

Forest Lakes Fire District
Totals for Forest Lakes Fire District

Page 81

TABLE 23
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Foxboro Ranch Domestic WID
Totals for Foxboro 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

1

$357,000

$57,000

$31,000

$269,000

$16,950

$55,765

1

$357,000

$57,000

$31,000

$269,000

$16,950

$55,765

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Greenehaven Fire District
Totals for Greenehaven Fire District
Hashknife Trail Road Improvement District
Special Assessment
Totals for Hashknife Trail Road Improvement District
Highlands Fire District
Totals for Highlands Fire District
Junipine Fire District
Totals for Junipine Fire District
Kachina Village Improvement District
Totals for Kachina Village Improvement District
Kaibab Estates West Fire District
Totals for Kaibab Estates West Fire District
Kiowa-Comanche Road Improvement
Special Assessment
Totals for Kiowa-Comanche Road Improvement

1

$287,581

$231,998

$15,604

$39,979

$1,983

$33,899

1

$287,581

$231,998

$15,604

$39,979

$1,983

$33,899

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Linda Lane Road Improvement
Totals for Linda Lane Road Improvement
Lockett Ranch Fire District
Totals for Lockett Ranch Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$243,105

$196,813

$12,767

$33,525

$1,886

$31,530

1

$243,105

$196,813

$12,767

$33,525

$1,886

$31,530

Lupine Road Improvement District
Special Assessment
Totals for Lupine Road Improvement District

Page 82

TABLE 23
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Majestic View 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

Special Assessment

1

$438,000

$94,000

$39,000

$305,000

$16,834

$77,306

Totals for North Stardust/Antelope Road Improvement

1

$438,000

$94,000

$39,000

$305,000

$16,834

$77,306

1

$1,150,000

$935,000

$70,000

$145,000

$16,197

$1,364,531

1

$1,150,000

$935,000

$70,000

$145,000

$16,197

$1,364,531

1

$167,600

$152,600

$7,900

$7,100

$302

$15,459

1

$167,600

$152,600

$7,900

$7,100

$302

$15,459

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$212,597

$174,784

$10,203

$27,610

$1,368

$25,685

1

$212,597

$174,784

$10,203

$27,610

$1,368

$25,685

Totals for Majestic View Domestic WID
Mormon Lake Fire District
Totals for Mormon Lake Fire District
North Stardust/Antelope Road 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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2
1

$4,248,612
$750,000

$1,719,893
$342,321

$209,472
$38,760

$2,319,247
$368,919

3

$4,998,612

$2,062,214

$248,232

$2,688,166

Pinewood Sanitary District
Revenue
Special Assessment
Totals for Pinewood Sanitary District

**

**

Pinon Road Improvement District
Special Assessment
Totals for Pinon Road Improvement District

1

$174,674

$148,556

$8,471

$17,647

$541

$16,246

1

$174,674

$148,556

$8,471

$17,647

$541

$16,246

** Special Districts are not required to report interest
Page 83

TABLE 23
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Ponderosa Fire District
Totals for Ponderosa Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$382,917

$285,876

$23,289

$73,752

$4,348

$73,384

1

$382,917

$285,876

$23,289

$73,752

$4,348

$73,384

0

$0

$0

$0

$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

$59,050

$49,272

$2,422

$7,356

$377

$7,541

1

$59,050

$49,272

$2,422

$7,356

$377

$7,541

1

$4,500,000

$3,318,176

$281,706

$900,118

$37,653

$1,517,182

1

$4,500,000

$3,318,176

$281,706

$900,118

$37,653

$1,517,182

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
Totals for Rodeo Drive 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

1

$2,590,000

$1,685,000

$290,000

$615,000

$42,988

$708,819

1

$2,590,000

$1,685,000

$290,000

$615,000

$42,988

$708,819

1

$73,911

$57,419

$3,988

$12,504

$606

$10,624

1

$73,911

$57,419

$3,988

$12,504

$606

$10,624

Tonawanda Road Improvement
Special Assessment
Totals for Tonawanda Road Improvement
Tusayan Fire District
Totals for Tusayan Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Valle Domestic Water Improvement
Totals for Valle Domestic Water Improvement

Page 84

TABLE 23
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Westwood Estates Fire District
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$25,378,612

$20,879,893

$2,179,472

$2,319,247

$88,650

$8,189,529

Special Assessment

16

$30,692,649

$8,893,731

$7,611,408

$14,187,510

$757,842

$8,380,540

Grand Totals:

19

$56,071,261

$29,773,624

$9,790,880

$16,506,757

$846,492

$16,570,069

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
Revenue

Page 85

TABLE 24
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Apache Hills Street Lighting District
Totals for Apache Hills Street Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Beaver Valley Domestic WID
Totals for Beaver Valley Domestic WID
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

$0

0

$0

$0

$0

$0

$0

$0

1

$200,000

$15,000

$3,000

$182,000

1

$200,000

$15,000

$3,000

$182,000

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

Canyon Fire District
Totals for Canyon Fire District
Canyon Water Improvement District
Revenue
Totals for Canyon Water Improvement District

**

**

Central Heights/Country Club/Midland City SLD
Totals for Central Heights/Country Club/Midland City SLD
Christopher-Kohl's Fire District
Totals for Christopher-Kohl's Fire District
Claypool / Lower Miami SLD
Totals for Claypool / Lower Miami SLD
East Verde Park Fire District
Totals for East Verde Park Fire District
East Verde Park Street Lighting District
Totals for East Verde Park Street Lighting District
Gila County Library District
Totals for Gila County Library District

** Special Districts are not required to report interest

Page 86

TABLE 24
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Gisela Valley Fire District
Totals for Gisela Valley Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Hellsgate Fire District
Totals for Hellsgate Fire District
Houston Mesa Fire District
Totals for Houston Mesa Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Miami Gardens Street Lighting District
Totals for Miami Gardens Street Lighting District
Northern Gila County Sanitary District
Special Assessment
Totals for Northern Gila County Sanitary District

1

$635,000

$0

$5,000

$630,000

$11,362

$24,063

1

$635,000

$0

$5,000

$630,000

$11,362

$24,063

0

$0

$0

$0

$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

$7,414,000

$0

$164,000

$7,250,000

$335,520

$335,520

1

$7,414,000

$0

$164,000

$7,250,000

$335,520

$335,520

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Pine Creek Canyon Domestic WID
Totals for Pine Creek Canyon Domestic WID
Pine Strawberry Fire District
Totals for Pine Strawberry Fire District
Pine Strawberry Water Improvement
Revenue
Totals for Pine Strawberry Water Improvement
Pine Street Lighting District
Totals for Pine Street Lighting District
Pine Water Association Domestic WID
Totals for Pine Water Association Domestic WID
Pleasant Valley Fire District
Totals for Pleasant Valley Fire District

Page 87

TABLE 24
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Rim Trail Domestic WID
Totals for Rim Trail 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

Round Valley / Oxbow Fire District
Totals for Round Valley / Oxbow Fire District
Solitude Trails Domestic WID
Totals for Solitude Trails 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

Strawberry Hollow Domestic WID
Totals for Strawberry Hollow Domestic WID
Strawberry Hollow Wastewater Improvement
Totals for Strawberry Hollow Wastewater 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

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Sunflower Mesa Domestic WID
Totals for Sunflower Mesa Domestic WID
Tonto Basin Fire District
Totals for Tonto Basin Fire District
Tonto Village Domestic WID
Totals for Tonto Village Domestic WID
Tri-City / Central Heights Fire District
Totals for Tri-City / Central Heights Fire District
Tri-City Regional Sanitary District
Totals for Tri-City Regional Sanitary District
Upper Glendale Street Lighting District
Totals for Upper Glendale Street Lighting District

Page 88

TABLE 24
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Whispering Pines 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

Revenue

2

$7,614,000

$15,000

$167,000

$7,432,000

$335,520

$335,520

Special Assessment

1

$635,000

$0

$5,000

$630,000

$11,362

$24,063

Grand Totals:

3

$8,249,000

$15,000

$172,000

$8,062,000

$346,882

$359,583

Totals for Whispering Pines Domestic WID
Whispering Pines Fire District
Totals for Whispering Pines Fire District

Page 89

TABLE 25
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN GRAHAM COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

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

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
Mount Graham Hospital District
Totals for Mount Graham Hospital 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

Pima Rural Fire District
Totals for Pima Rural Fire District
Safford Rural Fire District
Totals for Safford Rural Fire District

Page 90

TABLE 26
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN GREENLEE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

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

$0

0

$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

Grand Totals:

Page 91

TABLE 27
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN LA PAZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Bouse Volunteer Fire District
Totals for Bouse Volunteer 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

4

$6,016,282

$1,681,254

$217,496

$4,117,532

$178,748

$1,194,775

4

$6,016,282

$1,681,254

$217,496

$4,117,532

$178,748

$1,194,775

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

La Paz County Hospital District
Totals for La Paz County Hospital District
La Paz County Jail District
Totals for La Paz County Jail District
La Paz Estates Street Lighting District
Totals for La Paz Estates Street Lighting District
Lakeside 5 Street Lighting ID
Totals for Lakeside 5 Street Lighting ID

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

McMullen Valley Fire District
Totals for McMullen Valley Fire District

Page 92

TABLE 27
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN LA PAZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

McMullen Valley Water Conservation & Drainage
Totals for McMullen Valley Water Conservation & 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

Parker Fire District
Totals for Parker Fire District
Quartzsite Fire District
Totals for Quartzsite Fire District
Salome Street Lighting Improvement
Totals for Salome Street Lighting Improvement
Wenden 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

Special Assessment

4

$6,016,282

$1,681,254

$217,496

$4,117,532

$178,748

$1,194,775

Grand Totals:

4

$6,016,282

$1,681,254

$217,496

$4,117,532

$178,748

$1,194,775

Totals for Wenden Domestic WID
Wenden Street Lighting Improvement
Totals for Wenden Street Lighting Improvement

Page 93

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

#K100 Marquerite Drive
Totals for #K100 Marquerite Drive

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$60,059

$46,150

$3,081

$10,828

$942

$22,138

1

$60,059

$46,150

$3,081

$10,828

$942

$22,138

1

$145,969

$70,065

$18,003

$57,901

$4,710

$31,607

1

$145,969

$70,065

$18,003

$57,901

$4,710

$31,607

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

#K77 Inland
Totals for #K77 Inland
#K79 97th Place
Totals for #K79 97th Place

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

#K80 Del Witt
Totals for #K80 Del Witt

Page 94

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

#K81 5th Avenue
Totals for #K81 5th Avenue

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$301,960

$290,892

$2,444

$8,624

$504

$66,251

1

$301,960

$290,892

$2,444

$8,624

$504

$66,251

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

#K83 Boulder
Totals for #K83 Boulder
#K89 158th Street
Totals for #K89 158th Street
#K90 Grandview Manor
Totals for #K90 Grandview Manor
#K91 Queen Creek Water
Special Assessment
Totals for #K91 Queen Creek Water
#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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

#K95 104th Place / University
Totals for #K95 104th Place / University
#K96 Central Avenue
Totals for #K96 Central Avenue

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

#K98 Billings Street
Totals for #K98 Billings Street

Page 95

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Adaman Irrigation Water Delivery #36
Totals for Adaman Irrigation Water Delivery #36

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$3,450,000

$350,000

$100,000

$3,000,000

$173,933

$1,280,983

1

$3,450,000

$350,000

$100,000

$3,000,000

$173,933

$1,280,983

0

$0

$0

$0

$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

$4,371,000

$1,984,929

$251,645

$2,134,426

**

**

1

$4,371,000

$1,984,929

$251,645

$2,134,426

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

AZ 9-9 Housing
Totals for AZ 9-9 Housing
Berridge Manor IWDD #38
Totals for Berridge Manor IWDD #38

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Buckeye Valley Fire District
Totals for Buckeye Valley Fire District

** Special Districts are not required to report interest

Page 96

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Buckeye Water Conservation & 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

3

$3,985,000

$555,000

$85,000

$3,345,000

$190,510

$1,164,619

3

$3,985,000

$555,000

$85,000

$3,345,000

$190,510

$1,164,619

General Obligation

2

$411,000

$136,818

$19,636

$254,546

$8,910

$143,149

Totals for Chandler Heights Citris Irrigation District

2

$411,000

$136,818

$19,636

$254,546

$8,910

$143,149

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for Buckeye Water Conservation & Drainage
Camelview Irrigation WDD #44
Totals for Camelview Irrigation WDD #44
Centerra Community Facilities District
General Obligation
Totals for Centerra Community Facilities District
Chandler Heights Citris Irrigation District

Circle City / Morristown Fire District
Totals for Circle City / Morristown Fire District
Circle G Octotillo Irrigation WDD #47
Totals for Circle G Octotillo Irrigation WDD #47
Citrus Gardens Irrigation WDD #33
Totals for Citrus Gardens Irrigation WDD #33
Clearwater Hills Fire District
Totals for Clearwater Hills 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

College Park County Estates IWDD #53
Totals for College Park County Estates IWDD #53
Cortina Community Facilities District
General Obligation
Totals for Cortina Community Facilities District

2

$2,655,000

$260,000

$65,000

$2,330,000

$127,107

$834,001

2

$2,655,000

$260,000

$65,000

$2,330,000

$127,107

$834,001

2

$3,085,000

$425,000

$90,000

$2,570,000

$155,823

$1,359,394

2

$3,085,000

$425,000

$90,000

$2,570,000

$155,823

$1,359,394

Cottonflower CFD
General Obligation
Totals for Cottonflower CFD

Page 97

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Cottonwoods Improvement District
Totals for Cottonwoods Improvement 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

2
1

$15,250,000
$4,750,000

$3,095,000
$1,245,000

$440,000
$215,000

$11,715,000
$3,290,000

3

$20,000,000

$4,340,000

$655,000

$15,005,000

1

$4,555,000

$1,185,000

$280,000

$3,090,000

$134,260

$1,099,931

1

$4,555,000

$1,185,000

$280,000

$3,090,000

$134,260

$1,099,931

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Cuatro Palmas Irrigation WDD #26
Totals for Cuatro Palmas Irrigation WDD #26
Daisy Mountain Fire District
Totals for Daisy Mountain Fire District
DC Ranch CFD
General Obligation
Special Assessment
Totals for DC Ranch CFD

**

**

Eagle Mountain Community Facilities District
Special Assessment
Totals for Eagle Mountain Community Facilities District
East Morningside Irrigation WDD #8
Totals for East Morningside Irrigation WDD #8
Electrical District #5
Totals for Electrical District #5
Electrical District #7
Totals for Electrical District #7

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2
4

$17,755,000
$27,646,000

$1,090,000
$6,182,000

$405,000
$966,000

$16,260,000
$20,498,000

$962,238
$1,421,896

$4,664,459
$12,958,372

6

$45,401,000

$7,272,000

$1,371,000

$36,758,000

$2,384,134

$17,622,831

Electrical District #8
Totals for Electrical District #8
Estrella Mountain Ranch CFD
General Obligation
Special Assessment
Totals for Estrella Mountain Ranch CFD

** Special Districts are not required to report interest

Page 98

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Festival Ranch Community Facilities District
General Obligation
Special Assessment
Totals for Festival Ranch Community Facilities District

2
6

$9,135,000
$6,660,000

$610,000
$1,496,000

$200,000
$364,000

$8,325,000
$4,800,000

$378,851
$279,399

$1,454,140
$1,507,141

8

$15,795,000

$2,106,000

$564,000

$13,125,000

$658,250

$2,961,281

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

4

$13,670,000

$1,650,000

$425,000

$11,595,000

$613,443

$7,104,734

4

$13,670,000

$1,650,000

$425,000

$11,595,000

$613,443

$7,104,734

6

$54,580,000

$6,810,000

$1,300,000

$46,470,000

$2,256,333

$18,345,575

6

$54,580,000

$6,810,000

$1,300,000

$46,470,000

$2,256,333

$18,345,575

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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
Totals for Goodyear CFD - General
Goodyear CFD - Utilities
General Obligation
Totals for Goodyear CFD - Utilities
Groves at Superstition Ranch IWDD #40
Totals for Groves at Superstition Ranch IWDD #40
Groves of Hermosa Vista IWDD #41
Totals for Groves of Hermosa Vista IWDD #41

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Harquahala Valley Fire District
Totals for Harquahala Valley Fire District
Harquahala Valley Irrigation District
Totals for Harquahala Valley Irrigation District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 99

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Harquahala Valley Power District
Totals for Harquahala Valley Power 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

1

$2,545,000

$75,000

$267,000

$2,203,000

$140,188

$386,717

1

$2,545,000

$75,000

$267,000

$2,203,000

$140,188

$386,717

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Hoffman Terrace Irrigation WDD #3
Totals for Hoffman Terrace Irrigation WDD #3
Jackrabbit Trail Improvement District
Special Assessment
Totals for Jackrabbit Trail Improvement 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
Leroy Vista Irrigation WDD #12
Totals for Leroy Vista Irrigation WDD #12
Long Manor Irrigation WDD #52
Totals for Long Manor Irrigation WDD #52

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Longhorn Ranch Irrigation WDD #51
Totals for Longhorn Ranch Irrigation WDD #51
Los Olivos Irrigation Water Delivery District #1
Totals for Los Olivos Irrigation Water Delivery District #1

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Madison Park Irrigation WDD #22
Totals for Madison Park Irrigation WDD #22

Page 100

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Maricopa County Flood Control District
Totals for Maricopa County Flood Control 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

1

$58,225,000

$23,710,000

$3,570,000

$30,945,000

$1,850,719

$24,867,413

1

$58,225,000

$23,710,000

$3,570,000

$30,945,000

$1,850,719

$24,867,413

0

$0

$0

$0

$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
1

$7,345,000
$1,365,000

$610,000
$165,000

$155,000
$35,000

$6,580,000
$1,165,000

$421,432
$62,212

$1,865,736
$386,850

3

$8,710,000

$775,000

$190,000

$7,745,000

$483,644

$2,252,586

Maricopa County Library District
Totals for Maricopa County Library District
Maricopa County Special Health Care District
Totals for Maricopa County Special Health Care District
Maricopa County Stadium District
Revenue
Totals for Maricopa County Stadium District
Maricopa County Street Lighting Improvement Districts
Totals for Maricopa County Street Lighting Improvement
Maricopa Water District #1
Totals for Maricopa Water District #1
Marley Park CFD
General Obligation
Special Assessment
Totals for Marley Park CFD
McDowell Homes IWDD #7
Totals for McDowell Homes IWDD #7

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$20,245,000

$7,815,000

$875,000

$11,555,000

1

$20,245,000

$7,815,000

$875,000

$11,555,000

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

** Special Districts are not required to report interest

1

$47,165,000

$2,265,000

$1,225,000

$43,675,000

$2,325,094

$11,046,150

1

$47,165,000

$2,265,000

$1,225,000

$43,675,000

$2,325,094

$11,046,150

Page 101

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

McMicken Irrigation District
Totals for McMicken Irrigation District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$4,435,000

$3,190,000

$220,000

$1,025,000

$61,313

$1,833,267

1

$4,435,000

$3,190,000

$220,000

$1,025,000

$61,313

$1,833,267

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Miller Road Improvement District
Special Assessment
Totals for Miller Road Improvement District
Mobile Gardens Domestic WID
Totals for Mobile Gardens Domestic WID
Morrison Ranch Irrigation WDD #49
Totals for Morrison Ranch Irrigation WDD #49
Myrtle Park Irrigation WDD #10
Totals for Myrtle Park Irrigation WDD #10
New State Irrigation & Drainage District
Totals for New State Irrigation & Drainage District
Ocotillo Water Conservation District
Totals for Ocotillo Water Conservation District
Olivewood Estates IWDD #29
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

2

$8,540,000

$715,000

$200,000

$7,625,000

$418,153

$2,106,093

Totals for Palm Valley Community Facilities District

2

$8,540,000

$715,000

$200,000

$7,625,000

$418,153

$2,106,093

Totals for Olivewood Estates IWDD #29
Palm Valley Community Facilities District

Paloma Irrigation & Drainage District
Revenue
Totals for Paloma Irrigation & Drainage District

1

$1,500,000

$0

$1,319,672

$180,328

$15,362

$373,883

1

$1,500,000

$0

$1,319,672

$180,328

$15,362

$373,883

1

$4,950,000

$820,000

$300,000

$3,830,000

$169,150

$1,005,603

1

$4,950,000

$820,000

$300,000

$3,830,000

$169,150

$1,005,603

Peoria Improvement District #0601
Special Assessment
Totals for Peoria Improvement District #0601

Page 102

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Peoria Improvement District #8801
Special Assessment
Totals for Peoria Improvement District #8801

1

$5,015,000

$4,305,000

$425,000

$285,000

$36,318

$4,434,933

1

$5,015,000

$4,305,000

$425,000

$285,000

$36,318

$4,434,933

1

$5,610,000

$4,565,000

$500,000

$545,000

$57,240

$5,098,500

1

$5,610,000

$4,565,000

$500,000

$545,000

$57,240

$5,098,500

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$2,285,000

$2,200,000

$85,000

$0

$0

$1,012,241

1

$2,285,000

$2,200,000

$85,000

$0

$0

$1,012,241

Peoria Improvement District #8802
Special Assessment
Totals for Peoria Improvement District #8802
Peoria Improvement District #9002
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
Totals for Peoria Improvement District #9303
Peoria Improvement District #9601
Special Assessment
Totals for Peoria Improvement District #9601
Peoria Improvement District #9602
Totals for Peoria Improvement District #9602

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$3,800,000

$3,615,000

$185,000

$0

$0

$1,624,243

1

$3,800,000

$3,615,000

$185,000

$0

$0

$1,624,243

Peoria Improvement District #9603
Special Assessment
Totals for Peoria Improvement District #9603
Peoria Improvement District #9801
Totals for Peoria Improvement District #9801

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$25,015,000

$22,255,000

$2,760,000

$0

$139,000

$6,077,994

1

$25,015,000

$22,255,000

$2,760,000

$0

$139,000

$6,077,994

Peoria Municipal Development Authority
Municipal Property Corp
Totals for Peoria Municipal Development Authority

Page 103

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Phoenix Mesa Gateway Airport Authority
Revenue
Totals for Phoenix Mesa Gateway Airport Authority

1

$19,220,000

$0

$0

$19,220,000

$0

$0

1

$19,220,000

$0

$0

$19,220,000

$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

Puerto Cuatro Irrigation WDD #46
Totals for Puerto Cuatro Irrigation WDD #46
Queen Creek Irrigation District
Totals for Queen Creek Irrigation District
Queen Creek Irrigation WDD #32
Totals for Queen Creek Irrigation WDD #32
Rancho Solano Improvement District
Totals for Rancho Solano Improvement District
Rancho-Grande & Landerwood IWDD #24
Totals for Rancho-Grande & Landerwood IWDD #24
Ranchos Jardines Irrigation WDD #34
Totals for Ranchos Jardines Irrigation WDD #34
Rio Verde Fire District
Totals for Rio Verde 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

Roosevelt Irrigation District
Totals for Roosevelt Irrigation District
Roosevelt Water Conservation District
Totals for Roosevelt Water Conservation District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Rose Lane Irrigation WDD #28
Totals for Rose Lane Irrigation WDD #28

Page 104

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

San Tan Irrigitation District
Totals for San Tan Irrigitation District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$5,375,000

$2,735,000

$370,000

$2,270,000

1

$5,375,000

$2,735,000

$370,000

$2,270,000

1

$3,805,000

$110,000

$65,000

$3,630,000

1

$3,805,000

$110,000

$65,000

$3,630,000

1

$7,370,000

$1,180,000

$410,000

$5,780,000

$239,400

$1,160,693

1

$7,370,000

$1,180,000

$410,000

$5,780,000

$239,400

$1,160,693

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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
Spectrum Irrigation WDD #48
Totals for Spectrum Irrigation WDD #48
St. Johns' Irrigation District
Totals for St. Johns' Irrigation District
Summer Mesa Irrigation WDD #50
Totals for Summer Mesa Irrigation WDD #50
Sun City Fire District
Totals for Sun City 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

Sun City West Fire District
Totals for Sun City West Fire District
Sun Lakes Fire District
Totals for Sun Lakes 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

Sun View Estates I Irrigation WDD #55
Totals for Sun View Estates I Irrigation WDD #55

** Special Districts are not required to report interest

Page 105

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Sun View Estates II Irrigation WDD #54
Totals for Sun View Estates II Irrigation WDD #54

0

$0

$0

$0

$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

$16,175,000
$20,525,000

$6,345,000
$11,444,000

$440,000
$1,120,000

$9,390,000
$7,961,000

$520,677
$630,782

$3,998,088
$9,681,682

6

$36,700,000

$17,789,000

$1,560,000

$17,351,000

$1,151,459

$13,679,770

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$8,860,000

$742,000

$198,000

$7,920,000

$451,512

$2,292,923

2

$8,860,000

$742,000

$198,000

$7,920,000

$451,512

$2,292,923

1

$7,705,000

$4,945,000

$500,000

$2,260,000

$137,375

$3,715,669

1

$7,705,000

$4,945,000

$500,000

$2,260,000

$137,375

$3,715,669

4

$42,840,000

$12,965,000

$2,060,000

$27,815,000

$1,409,611

$12,092,669

4

$42,840,000

$12,965,000

$2,060,000

$27,815,000

$1,409,611

$12,092,669

Sunburst Farms Irrigation District
Totals for Sunburst Farms Irrigation District
Sundance Community Facilities District
General Obligation
Special Assessment
Totals for Sundance Community Facilities District
Tanner Groves Irrigation WDD #37
Totals for Tanner Groves Irrigation WDD #37
Tartesso West CFD
General Obligation
Totals for Tartesso West CFD
Tatum Ranch CFD
General Obligation
Totals for Tatum Ranch CFD
Tempe Improvement Districts
Special Assessment
Totals for Tempe Improvement Districts
Thoroughbred Farms IWDD #43
Totals for Thoroughbred Farms IWDD #43

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Tonopah Irrigation District
Totals for Tonopah Irrigation District
Tonopah Valley Fire District
Totals for Tonopah Valley Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 106

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Tonto Hills Domestic Water Improvement
Special Assessment
Totals for Tonto Hills Domestic Water Improvement

1

$497,000

$89,999

$19,071

$387,930

$10,176

$17,697

1

$497,000

$89,999

$19,071

$387,930

$10,176

$17,697

0

$0

$0

$0

$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

$100,075,000

$2,265,000

$0

$97,810,000

$5,200,018

$13,082,565

1

$100,075,000

$2,265,000

$0

$97,810,000

$5,200,018

$13,082,565

1
1

$24,000,000
$18,600,000

$2,000,000
$1,305,000

$800,000
$480,000

$21,200,000
$16,815,000

$1,378,250
$896,393

$13,762,011
$5,380,146

2

$42,600,000

$3,305,000

$1,280,000

$38,015,000

$2,274,643

$19,142,157

1

$13,000,000

$500,000

$500,000

$12,000,000

$127,226

$2,069,095

1

$13,000,000

$500,000

$500,000

$12,000,000

$127,226

$2,069,095

1

$3,225,000

$905,000

$140,000

$2,180,000

1

$3,225,000

$905,000

$140,000

$2,180,000

Tres Palmas Irrigation WDD #6
Totals for Tres Palmas Irrigation WDD #6
Turney Tract Irrigation WDD #15
Totals for Turney Tract Irrigation WDD #15
Valley Metro Regional Public Transportation
Revenue
Totals for Valley Metro Regional Public Transportation
Verrado Community Facilities District
General Obligation
Special Assessment
Totals for Verrado Community Facilities District
Verrado Western Overlay CFD
General Obligation
Totals for Verrado Western Overlay CFD
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

1

$6,600,000

$1,455,000

$190,000

$4,955,000

$315,888

$3,720,323

1

$6,600,000

$1,455,000

$190,000

$4,955,000

$315,888

$3,720,323

3

$67,560,000

$8,945,000

$2,385,000

$56,230,000

$3,108,336

$24,141,311

3

$67,560,000

$8,945,000

$2,385,000

$56,230,000

$3,108,336

$24,141,311

Vistancia CFD
Special Assessment
Totals for Vistancia CFD
Watson Road CFD
Special Assessment
Totals for Watson Road CFD

** Special Districts are not required to report interest

1

$49,000,000

$6,416,000

$1,696,000

$40,888,000

$2,428,061

$17,136,912

1

$49,000,000

$6,416,000

$1,696,000

$40,888,000

$2,428,061

$17,136,912

Page 107

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

West Park CFD
General Obligation
Special Assessment
Totals for West Park CFD

2
2

$6,900,000
$4,490,000

$505,000
$1,135,000

$160,000
$257,000

$6,235,000
$3,098,000

$331,141
$184,149

$1,871,719
$1,557,919

4

$11,390,000

$1,640,000

$417,000

$9,333,000

$515,290

$3,429,638

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$1,400,000

$415,000

$50,000

$935,000

$57,338

$990,932

2

$1,400,000

$415,000

$50,000

$935,000

$57,338

$990,932

2

$1,490,000

$315,000

$50,000

$1,125,000

$72,264

$907,446

2

$1,490,000

$315,000

$50,000

$1,125,000

$72,264

$907,446

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Western Meadows Irrigation District
Totals for Western Meadows Irrigation District
Whitcombs Roundup Ranches IWDD #42
Totals for Whitcombs Roundup Ranches IWDD #42
Wickenburg Rural Fire District
Totals for Wickenburg Rural Fire District
Wildflower Ranch CFD #1
General Obligation
Totals for Wildflower Ranch CFD #1
Wildflower Ranch CFD #2
General Obligation
Totals for Wildflower Ranch CFD #2
Windsor Square Irrigation WDD #27
Totals for Windsor Square Irrigation WDD #27
Wittmann Volunteer Fire District
Totals for Wittmann Volunteer 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

Woodlea Irrigation WDD #2
Totals for Woodlea Irrigation WDD #2
Woolsey Flood Protection District
Totals for Woolsey Flood Protection District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 108

TABLE 28
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type
General Obligation

# OF
ISSUES

49

ORIGINAL
PRINCIPAL

$258,641,000

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

$45,093,818

$7,822,636

$205,724,546

$9,098,404

$73,651,089

Municipal Property Corp

1

$25,015,000

$22,255,000

$2,760,000

$0

$139,000

$6,077,994

Revenue

5

$183,391,000

$27,959,929

$5,141,317

$150,289,754

$7,066,099

$38,323,861

Special Assessment

40

$332,170,988

$75,195,106

$13,517,599

$243,458,283

$13,600,134

$113,682,973

Grand Totals:

95

$799,217,988

$170,503,853

$29,241,552

$599,472,583

$29,903,637

$231,735,917

Page 109

TABLE 29
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Beaver Dam / Littlefield Fire District
Totals for Beaver Dam / Littlefield Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

3

$62,846,424

$30,073,511

$3,170,296

$29,602,617

$841,334

$8,594,091

3

$62,846,424

$30,073,511

$3,170,296

$29,602,617

$841,334

$8,594,091

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Desert Hills Fire District
Totals for Desert Hills Fire District
Fort Mojave Mesa Fire District
Totals for Fort Mojave Mesa Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Golden Shores Fire District
Totals for Golden Shores Fire District

Page 110

TABLE 29
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Golden Shores Water Conservation
Totals for Golden Shores Water Conservation

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$529,700

$299,358

$9,626

$220,716

$10,365

$252,661

1

$529,700

$299,358

$9,626

$220,716

$10,365

$252,661

0

$0

$0

$0

$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

$11,820,000

$7,400,000

$1,020,000

$3,400,000

$238,000

$3,853,299

1

$11,820,000

$7,400,000

$1,020,000

$3,400,000

$238,000

$3,853,299

Golden Valley Fire District
Totals for Golden Valley Fire District
Golden Valley Improvement District
Totals for Golden Valley Improvement District
Havasu Heights Domestic WID
Special Assessment
Totals for Havasu Heights Domestic WID
Holiday Lighting District
Totals for Holiday Lighting District
Horizon Six Improvement District
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

1

$891,000

$831,000

$60,000

$0

$1,538

$326,663

1

$891,000

$831,000

$60,000

$0

$1,538

$326,663

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Lake Havasu City Sanitary District
Totals for Lake Havasu City Sanitary District
Lake Havasu Irrigation & Drainage
Special Assessment
Totals for Lake Havasu Irrigation & Drainage

2

$6,120,000

$6,005,000

$10,000

$105,000

$7,288

$242,738

2

$6,120,000

$6,005,000

$10,000

$105,000

$7,288

$242,738

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Lake Mohave Ranchos Fire District
Totals for Lake Mohave Ranchos Fire District

Page 111

TABLE 29
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Moccasin Domestic WID
Totals for Moccasin Domestic WID

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$5,005,000

$173,989

$153,142

$4,677,869

$254,163

$515,581

1

$5,005,000

$173,989

$153,142

$4,677,869

$254,163

$515,581

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$46,000,000

$9,845,000

$3,475,000

$32,680,000

$1,394,187

$6,155,233

1

$46,000,000

$9,845,000

$3,475,000

$32,680,000

$1,394,187

$6,155,233

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Mohave County Airport Authority
Revenue
Totals for Mohave County Airport Authority
Mohave County Flood Control District
Totals for Mohave County Flood Control District
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
Mohave Valley Irrigation and Drainage
Totals for 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

Mohave Water Conservation District
Totals for Mohave Water Conservation District
Northern Arizona Consolidated Fire District
Totals for Northern Arizona Consolidated 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

Oatman Fire District
Totals for Oatman Fire District

Page 112

TABLE 29
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

Pine Lake Fire District
Totals for Pine Lake Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$4,500,000

$3,600,000

$900,000

$0

$32,850

$1,677,150

1

$4,500,000

$3,600,000

$900,000

$0

$32,850

$1,677,150

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Pinion Pine Fire District
Totals for Pinion Pine Fire District
Rainbow Acres Street Improvement
Totals for Rainbow Acres Street Improvement
Rancho Verde Improvement
Totals for Rancho Verde Improvement
Scenic Improvement District
Special Assessment
Totals for Scenic Improvement District
So-Hi Domestic WID
Totals for So-Hi Domestic WID
Sterling Community Facilities District #1
Totals for Sterling Community Facilities District #1
Sterling Community Facilities District #2
Totals for Sterling Community Facilities District #2

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Topock / Golden Shores Sanitary District
Totals for Topock / Golden Shores Sanitary District
Yucca Fire District
Totals for Yucca Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 113

TABLE 29
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type
General Obligation

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID TO
DATE

1

$11,820,000

$7,400,000

$1,020,000

$3,400,000

$238,000

Revenue

2

$51,005,000

$10,018,989

$3,628,142

$37,357,869

$1,648,350

$6,670,814

Special Assessment

8

$74,887,124

$40,808,869

$4,149,922

$29,928,333

$893,375

$11,093,303

11

$137,712,124

$58,227,858

$8,798,064

$70,686,202

$2,779,725

Grand Totals:

Page 114

$3,853,299

$21,617,416

TABLE 30
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Beaver Dam Circle Improvement District
Totals for Beaver Dam Circle Improvement District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Blue Lake Circle Road Improvement
Totals for Blue Lake Circle Road 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

1

$524,000

$100,438

$27,562

$396,000

$25,358

$115,624

1

$524,000

$100,438

$27,562

$396,000

$25,358

$115,624

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$1,190,910

$156,219

$40,327

$994,364

$20,564

$65,393

1

$1,190,910

$156,219

$40,327

$994,364

$20,564

$65,393

Clay Springs Domestic WID
Totals for Clay Springs Domestic WID
Drifting Snow Loop Road Improvement
Totals for Drifting Snow Loop Road Improvement
Fawnbrook Domestic WID
Special Assessment
Totals for Fawnbrook Domestic WID
Heber Domestic WID
Totals for Heber Domestic WID

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 115

TABLE 30
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Heber-Overgaard Fire District
Totals for Heber-Overgaard Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Heber-Overgaard Sanitary District
Totals for Heber-Overgaard Sanitary 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

1

$295,000

$0

$44,171

$250,829

$13,853

$13,853

1

$295,000

$0

$44,171

$250,829

$13,853

$13,853

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Hiawatha Trail Road Improvement District
Totals for Hiawatha Trail Road Improvement District
Hilltop Drive Road Improvement District
Special Assessment
Totals for Hilltop Drive Road Improvement District
Joseph City Domestic WID
Totals for Joseph City Domestic WID
Joseph City Fire District
Totals for Joseph City Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 116

TABLE 30
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Madison Lane Circle
Special Assessment
Totals for Madison Lane Circle

1

$43,313

$28,463

$5,569

$9,281

$561

$6,620

1

$43,313

$28,463

$5,569

$9,281

$561

$6,620

McLaws Road Fire District
Totals for McLaws Road 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

1

$200,342

$20,342

$20,000

$160,000

$8,500

$18,009

1

$200,342

$20,342

$20,000

$160,000

$8,500

$18,009

Misty Mountain Domestic WID
Totals for Misty Mountain Domestic WID
Moon Creek Circle
Totals for Moon Creek Circle
Mountain View Improvement District
Special Assessment
Totals for Mountain View Improvement District
Mule Deer Way Road Improvement
Totals for Mule Deer Way Road 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

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Navajo County Flood Control District
Totals for Navajo County Flood Control District
Navajo County Library District
Totals for Navajo County Library District
Navapache Hospital District
Totals for Navapache Hospital District
North Whistle Stop Loop Improvement
Special Assessment
Totals for North Whistle Stop Loop Improvement

1

$85,280

$25,243

$7,504

$52,533

$2,814

$10,054

1

$85,280

$25,243

$7,504

$52,533

$2,814

$10,054

Page 117

TABLE 30
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Palomino Drive Road Improvement
Totals for Palomino Drive Road Improvement

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Pine Meadows Country Club CRID
Totals for Pine Meadows Country Club CRID

0

$0

$0

$0

$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

$5,280,000

$275,000

$150,000

$4,855,000

$361,018

$1,313,600

1

$5,280,000

$275,000

$150,000

$4,855,000

$361,018

$1,313,600

1

$169,539

$99,191

$8,607

$61,741

**

**

1

$169,539

$99,191

$8,607

$61,741

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$186,007

$61,835

$3,519

$120,653

$5,588

$102,141

1

$186,007

$61,835

$3,519

$120,653

$5,588

$102,141

1

$184,124

$92,967

$17,208

$73,949

$5,343

$36,798

1

$184,124

$92,967

$17,208

$73,949

$5,343

$36,798

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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 CRID
Totals for Shoreline Drive CRID
Show Low Bluff Community Facilities District
General Obligation
Special Assessment
Totals for Show Low Bluff Community Facilities District

** Special Districts are not required to report interest

1

$450,000

$0

$0

$450,000

$25,091

$25,091

2

$2,494,000

$179,000

$60,000

$2,255,000

$128,170

$598,764

3

$2,944,000

$179,000

$60,000

$2,705,000

$153,261

$623,855

Page 118

TABLE 30
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Show Low Fire District
Totals for Show Low Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Show Low Improvement District #5
Special Assessment
Totals for Show Low Improvement District #5

1

$5,630,000

$4,070,000

$450,000

$1,110,000

$85,106

$3,857,681

1

$5,630,000

$4,070,000

$450,000

$1,110,000

$85,106

$3,857,681

1

$4,945,000

$2,340,000

$325,000

$2,280,000

$146,550

$3,026,075

1

$4,945,000

$2,340,000

$325,000

$2,280,000

$146,550

$3,026,075

1

$600,000

$148,000

$55,000

$397,000

$24,296

$125,454

1

$600,000

$148,000

$55,000

$397,000

$24,296

$125,454

1

$1,150,000

$478,484

$38,466

$633,050

$39,690

$306,495

1

$1,150,000

$478,484

$38,466

$633,050

$39,690

$306,495

Show Low Improvement District #6
Special Assessment
Totals for Show Low Improvement District #6
Show Low Improvement District #7
Special Assessment
Totals for Show Low Improvement District #7
Shumway Road Improvement District
Special Assessment
Totals for Shumway Road Improvement District
Silver Creek County Road District
Totals for Silver Creek County Road 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

Silver Creek Flood Control District
Totals for Silver Creek Flood Control District
Sky-Hi Domestic WID
Totals for Sky-Hi Domestic WID
Soaring Eagle CRID
Totals for Soaring Eagle CRID
Sun Valley Fire District
Totals for Sun Valley Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 119

TABLE 30
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Sutter Drive Improvement District
Special Assessment
Totals for Sutter Drive Improvement District

1

$245,750

$154,612

$23,316

$67,822

$4,626

$56,237

1

$245,750

$154,612

$23,316

$67,822

$4,626

$56,237

Sweeping Vista Road Improvement
Totals for Sweeping Vista Road 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

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Timberlake Pines CRID
Totals for Timberlake Pines CRID
Timberland Acres Special Road
Totals for Timberland Acres Special Road
Victory Heights Road Maintenance
Totals for Victory Heights Road Maintenance
White Mountain Lake Fire District
Totals for White Mountain Lake 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

1

$2,135,450

$1,458,081

$85,000

$592,369

$33,491

$1,328,275

1

$2,135,450

$1,458,081

$85,000

$592,369

$33,491

$1,328,275

1

$130,118

$113,218

$16,900

$0

$528

$15,508

1

$130,118

$113,218

$16,900

$0

$528

$15,508

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Page 120

TABLE 30
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Wonderland Acres Domestic WID
Special Assessment
Totals for Wonderland Acres Domestic WID

1

$180,952

$51,458

$16,351

$113,143

$7,652

$33,977

1

$180,952

$51,458

$16,351

$113,143

$7,652

$33,977

Woodruff 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

Certificate of Participation

1

$5,280,000

$275,000

$150,000

$4,855,000

$361,018

$1,313,600

General Obligation

1

$450,000

$0

$0

$450,000

$25,091

$25,091

Special Assessment

19

$20,389,785

$9,577,551

$1,244,500

$9,567,734

$552,690

$9,716,958

Grand Totals:

21

$26,119,785

$9,852,551

$1,394,500

$14,872,734

$938,799

$11,055,649

Totals for Woodruff Fire District
Woodruff Irrigation District
Totals for Woodruff Irrigation District

Page 121

TABLE 31
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Ajo-Lukeville Health Services District
Totals for Ajo-Lukeville Health Services District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$600,000

$283,548

$71,000

$245,452

$12,828

$168,331

1

$600,000

$283,548

$71,000

$245,452

$12,828

$168,331

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$11,905,000

$6,210,000

$0

$5,695,000

1

$11,905,000

$6,210,000

$0

$5,695,000

Arivaca Fire District
Totals for Arivaca Fire District
Avra Valley Fire District
General Obligation
Totals for Avra Valley Fire 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

4

$6,480,000

$3,100,000

$560,000

$2,820,000

$152,692

$1,592,111

4

$6,480,000

$3,100,000

$560,000

$2,820,000

$152,692

$1,592,111

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Flowing Wells Irrigation District
Totals for Flowing Wells Irrigation District
Gladden Farms Community Facilities District
General Obligation
Totals for Gladden Farms Community Facilities District

4

$9,430,000

$465,000

$200,000

$8,765,000

$490,440

$2,633,669

4

$9,430,000

$465,000

$200,000

$8,765,000

$490,440

$2,633,669

2

$13,310,000

$1,745,000

$565,000

$11,000,000

$263,294

$3,100,757

2

$13,310,000

$1,745,000

$565,000

$11,000,000

$263,294

$3,100,757

Golder Ranch Fire District
General Obligation
Totals for Golder Ranch Fire District

** Special Districts are not required to report interest

Page 122

TABLE 31
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Green Valley Domestic WID
Revenue
Totals for Green Valley Domestic WID

1

$9,305,000

$1,220,000

$195,000

$7,890,000

$405,731

$3,953,511

1

$9,305,000

$1,220,000

$195,000

$7,890,000

$405,731

$3,953,511

1

$10,000,000

$1,255,000

$395,000

$8,350,000

$365,336

$1,823,301

1

$10,000,000

$1,255,000

$395,000

$8,350,000

$365,336

$1,823,301

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$78,170,000

$11,762,091

$4,649,315

$61,758,594

$2,084,791

$13,852,584

7

$78,170,000

$11,762,091

$4,649,315

$61,758,594

$2,084,791

$13,852,584

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
La Cholla Improvement District
Totals for La Cholla Improvement District
Marana Domestic WID
Totals for Marana Domestic WID
Metropolitan Domestic WID
Revenue
Totals for Metropolitan Domestic WID
Mount Lemmon Domestic WID
Revenue
Totals for Mount Lemmon Domestic WID

1

$1,204,075

$316,872

$70,271

$816,932

$8,169

$29,201

1

$1,204,075

$316,872

$70,271

$816,932

$8,169

$29,201

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Mount Lemmon Fire District
Totals for Mount Lemmon Fire District
Mountain Vista Fire District
Totals for Mountain Vista Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

3

$37,525,000

$4,425,000

$1,510,000

$31,590,000

$1,623,433

$8,580,679

3

$37,525,000

$4,425,000

$1,510,000

$31,590,000

$1,623,433

$8,580,679

Northwest Fire District
General Obligation
Totals for Northwest Fire District

Page 123

TABLE 31
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Picture Rocks Fire District
General Obligation
Totals for Picture Rocks Fire District

1

$2,485,000

$162,000

$78,000

$2,245,000

$129,046

$449,387

1

$2,485,000

$162,000

$78,000

$2,245,000

$129,046

$449,387

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$12,660,000

$1,005,000

$370,000

$11,285,000

$637,603

$4,006,157

1

$12,660,000

$1,005,000

$370,000

$11,285,000

$637,603

$4,006,157

1

$6,730,000

$5,155,000

$0

$1,575,000

1

$6,730,000

$5,155,000

$0

$1,575,000

Pima County Flood Control District
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

**

**

Regional Transportation Authority
Revenue
Totals for Regional Transportation Authority

1

$136,480,000

$0

$6,985,000

$129,495,000

$6,038,283

$6,038,283

1

$136,480,000

$0

$6,985,000

$129,495,000

$6,038,283

$6,038,283

2

$6,715,000

$795,000

$320,000

$5,600,000

$267,880

$926,398

2

$6,715,000

$795,000

$320,000

$5,600,000

$267,880

$926,398

2
2

$46,135,000
$85,800,000

$30,050,000
$5,910,000

$3,525,000
$3,290,000

$12,560,000
$76,600,000

**

**

4

$131,935,000

$35,960,000

$6,815,000

$89,160,000

Rincon Valley Fire District
General Obligation
Totals for Rincon Valley Fire District
Rio Nuevo Multipurpose Facilities
Certificate of Participation
Revenue
Totals for Rio Nuevo Multipurpose Facilities

** Special Districts are not required to report interest

Page 124

TABLE 31
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Sabino Vista Fire District
Totals for Sabino Vista Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$25,774,000

$2,986,000

$1,370,000

$21,418,000

$1,034,632

$6,143,290

1

$25,774,000

$2,986,000

$1,370,000

$21,418,000

$1,034,632

$6,143,290

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$2,370,000

$475,000

$0

$1,895,000

$31,425

$175,677

1

$2,370,000

$475,000

$0

$1,895,000

$31,425

$175,677

6

$127,070,000

$45,995,000

$15,835,000

$65,240,000

6

$127,070,000

$45,995,000

$15,835,000

$65,240,000

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Saguaro Springs CFD
Totals for Saguaro Springs CFD
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
Vanderbilt Farms CFD
Totals for Vanderbilt Farms CFD

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Why Fire District
Totals for Why Fire District

** Special Districts are not required to report interest

Page 125

TABLE 31
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type
Certificate of Participation

# OF
ISSUES

3

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$56,135,000

$31,305,000

$3,920,000

$20,910,000

$365,336

$1,823,301

General Obligation

19

$91,575,000

$12,455,548

$3,674,000

$75,445,452

$3,608,641

$21,633,166

Revenue

18

$438,029,075

$65,203,963

$31,024,586

$341,800,526

$8,536,974

$23,873,579

3

$44,409,000

$14,351,000

$1,370,000

$28,688,000

$1,034,632

$6,143,290

43

$630,148,075

$123,315,511

$39,988,586

$466,843,978

$13,545,583

$53,473,336

Special Assessment
Grand Totals:

Page 126

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Antelope Peak Domestic WID
Totals for Antelope Peak 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

Anthem at Merrill Ranch SLID #1
Totals for Anthem at Merrill Ranch SLID #1
Anthem at Merrill Ranch SLID #2
Totals for Anthem at Merrill Ranch SLID #2

0

$0

$0

$0

$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

$9,500,000

$1,290,000

$355,000

$7,855,000

$396,725

$2,118,425

1

$9,500,000

$1,290,000

$355,000

$7,855,000

$396,725

$2,118,425

1

$4,670,000

$1,735,000

$435,000

$2,500,000

$126,715

$1,369,753

1

$4,670,000

$1,735,000

$435,000

$2,500,000

$126,715

$1,369,753

Anthem at Merrill Ranch SLID #3
Totals for Anthem at Merrill Ranch SLID #3
Apache Junction Fire District
General Obligation
Totals for Apache Junction Fire District
Apache Junction Water Utilities CFD
Revenue
Totals for Apache Junction Water Utilities CFD
Apache Villa III, IV, Clearview Lighting District
Totals for Apache Villa III, IV, Clearview Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$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 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

Page 127

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Apache Villa Unit 4 Lighting District
Totals for Apache Villa Unit 4 Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Apache Villa V Lighting District
Totals for Apache Villa V Lighting District
Arizona City Fire District
General Obligation
Totals for Arizona City Fire District

1

$1,325,000

$180,000

$55,000

$1,090,000

$52,088

$309,641

1

$1,325,000

$180,000

$55,000

$1,090,000

$52,088

$309,641

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$2,250,000
$17,500,000

$0
$11,070,000

$0
$1,140,000

$2,250,000
$5,290,000

$23,751
$385,800

$23,751
$10,028,303

2

$19,750,000

$11,070,000

$1,140,000

$7,540,000

$409,551

$10,052,054

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 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
Revenue
Special Assessment
Totals for Central Arizona Irrigation District
Cimmarron Lighting District
Totals for Cimmarron Lighting District
Copper Mountain Ranch CFD
Totals for Copper Mountain Ranch CFD
Cortez Ranch Lighting District
Totals for Cortez Ranch Lighting District

Page 128

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Cottonwood Gardens Lighting District
Totals for Cottonwood Gardens Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Desert Vista Lighting District
Totals for Desert Vista Lighting District
Desert Vista Sanitary District
Totals for Desert Vista Sanitary District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$20,915,000

$995,000

$535,000

$19,385,000

$839,535

$3,902,079

1

$20,915,000

$995,000

$535,000

$19,385,000

$839,535

$3,902,079

4

$235,825,000

$0

$115,590,000

$120,235,000

$4,699,878

$28,777,607

4

$235,825,000

$0

$115,590,000

$120,235,000

$4,699,878

$28,777,607

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

1

$17,470,000

$510,000

$270,000

$16,690,000

$982,850

$3,944,468

1

$17,470,000

$510,000

$270,000

$16,690,000

$982,850

$3,944,468

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 #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

Page 129

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Enchanted Acres #2 Lighting District
Totals for Enchanted Acres #2 Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Florence Flood Control District
Totals for Florence Flood Control District
Greene Reservoir Flood Control District
Totals for Greene Reservoir Flood Control 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

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Ironwood Manor Lighting District
Totals for Ironwood Manor Lighting District
Magma Flood Control District
Totals for Magma Flood Control District
Mammoth Fire District
Totals for Mammoth Fire District

Page 130

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Maricopa Domestic WID
General Obligation
Special Assessment
Totals for Maricopa Domestic WID

1
1

$278,529
$313,900

$9,447
$64,200

$15,867
$6,000

$253,215
$243,700

$10,916
$11,237

$25,982
$210,701

2

$592,429

$73,647

$21,867

$496,915

$22,153

$236,683

2

$4,620,000

$1,625,000

$395,000

$2,600,000

$142,350

$1,102,655

2

$4,620,000

$1,625,000

$395,000

$2,600,000

$142,350

$1,102,655

Maricopa Fire District
General Obligation
Totals for Maricopa Fire District
Maricopa Flood Control District
Totals for Maricopa Flood Control District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$724,110

$0

$333,846

$390,264

$9,512

$9,512

1

$724,110

$0

$333,846

$390,264

$9,512

$9,512

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Maricopa Mountain Domestic WID
Revenue
Totals for Maricopa Mountain Domestic WID
Maricopa Road Improvement District
Totals for Maricopa Road Improvement District
Maricopa Rural Road Improvement District
Totals for Maricopa Rural Road Improvement District
Maricopa-Stanfield Irrigation & Drainage
Revenue
Totals for Maricopa-Stanfield Irrigation & Drainage

1

$1,500,000

$345,259

$136,800

$1,017,941

$52,201

$226,694

1

$1,500,000

$345,259

$136,800

$1,017,941

$52,201

$226,694

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1
3

$4,390,000
$3,108,000

$180,000
$276,000

$80,000
$272,280

$4,130,000
$2,559,720

$302,840
$236,133

$1,043,491
$825,534

4

$7,498,000

$456,000

$352,280

$6,689,720

$538,973

$1,869,025

Martin Valley Community Facilities District
Totals for Martin Valley Community Facilities District
Merrill Ranch Community Facilities District #1
General Obligation
Special Assessment
Totals for Merrill Ranch Community Facilities District #1

Page 131

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Merrill Ranch Community Facilities District #2
General Obligation
Special Assessment
Totals for Merrill Ranch Community Facilities District #2

1
3

$3,560,000
$3,587,500

$0
$302,000

$425,000
$294,700

$3,135,000
$2,990,800

$195,904
$301,637

$195,904
$978,371

4

$7,147,500

$302,000

$719,700

$6,125,800

$497,541

$1,174,275

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Midway Flood Control District
Totals for Midway Flood Control District
Mission Royale Community Facilities District
General Obligation
Totals for Mission Royale Community Facilities District

1

$1,335,000

$75,000

$40,000

$1,220,000

$69,088

$488,028

1

$1,335,000

$75,000

$40,000

$1,220,000

$69,088

$488,028

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$172,405

$13,850

$0

$158,555

$3,579

$43,329

1

$172,405

$13,850

$0

$158,555

$3,579

$43,329

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

New Magma Irrigation & Drainage District
Totals for New Magma Irrigation & Drainage District
New Saddleback Vista Domestic WID
Revenue
Totals for New Saddleback Vista Domestic WID
Oracle Fire District
Totals for Oracle Fire District
Oracle Sanitary District
Totals for Oracle Sanitary District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$1,337,325

$42,511

$15,428

$1,279,386

$56,648

$288,146

1

$1,337,325

$42,511

$15,428

$1,279,386

$56,648

$288,146

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Papago Butte Domestic WID
Revenue
Totals for Papago Butte Domestic WID
Papago Butte Irrigation WDD #4
Totals for Papago Butte Irrigation WDD #4
Pinal County Flood Control District
Totals for Pinal County Flood Control District

Page 132

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pinal County Health District
Totals for Pinal County Health 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

Pinal County Library District
Totals for Pinal County Library District
Post Ranch Community Facilities District
Totals for Post Ranch Community Facilities District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$394,960

$266,006

$20,336

$108,618

$2,974

$167,504

1

$394,960

$266,006

$20,336

$108,618

$2,974

$167,504

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Queen Creek Domestic WID
Revenue
Totals for Queen Creek Domestic WID
Queen Valley Domestic WID
Totals for Queen Valley Domestic WID
Queen Valley Fire District
Totals for Queen Valley Fire District
Queen Valley Sanitary District
Totals for Queen Valley Sanitary District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

Page 133

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

San Carlos Irrigation District
Totals for San Carlos Irrigation District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

San Manuel Fire District
Totals for San Manuel Fire District
Sandia Community Facilities District
Totals for Sandia Community Facilities District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$251,000

$22,083

$3,382

$225,535

$10,793

$113,922

1

$251,000

$22,083

$3,382

$225,535

$10,793

$113,922

1

$700,000

$7,152

$7,447

$685,401

$28,426

$57,514

1

$700,000

$7,152

$7,447

$685,401

$28,426

$57,514

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Seven Ranches Domestic WID
Revenue
Totals for Seven Ranches Domestic WID
Silverbell Irrigation and Drainage District
Revenue
Totals for Silverbell Irrigation and Drainage District
Stanfield Fire District
Totals for Stanfield Fire District
Stanfield Flood Control District
Totals for Stanfield Flood Control 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

Sunrise Canyon Lighting District
Totals for Sunrise Canyon Lighting District
Superstition Lighting District
Totals for Superstition Lighting District
Superstition Meadows Lighting District
Totals for Superstition Meadows Lighting District

Page 134

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Superstition Mountains CFD
Revenue
Totals for Superstition Mountains CFD

1

$29,870,866

$635,866

$335,000

$28,900,000

$1,749,150

$17,918,164

1

$29,870,866

$635,866

$335,000

$28,900,000

$1,749,150

$17,918,164

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Superstition View Lighting District
Totals for Superstition View Lighting District
Thunderbird Farms Improvement
Revenue
Totals for Thunderbird Farms Improvement

3

$2,027,300

$244,422

$88,931

$1,693,947

$24,866

$199,780

3

$2,027,300

$244,422

$88,931

$1,693,947

$24,866

$199,780

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Thunderbird Farms Irrigation WDD #3
Totals for Thunderbird Farms Irrigation WDD #3
Thunderbird Fire District
Totals for Thunderbird Fire District
Thunderbird Irrigation WDD #1
Totals for Thunderbird Irrigation WDD #1
Thunderbird Irrigation WDD #2
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Revenue

1

$448,000

$0

$6,527

$441,473

$16,955

$25,335

Totals for Valle Escondido Domestic WID

1

$448,000

$0

$6,527

$441,473

$16,955

$25,335

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

3

$3,405,000

$110,000

$280,000

$3,015,000

$183,885

$445,430

3

$3,405,000

$110,000

$280,000

$3,015,000

$183,885

$445,430

Totals for Thunderbird Irrigation WDD #2
Valle Escondido Domestic WID

Villa Grande Improvement District
Totals for Villa Grande Improvement District
Villago Community Facilities District
General Obligation
Totals for Villago Community Facilities District

Page 135

TABLE 32
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

General Obligation

11

$28,413,529

$3,469,447

$1,645,867

$23,298,215

$1,353,796

$5,729,556

Revenue

20

$318,555,966

$4,817,149

$117,777,697

$195,961,120

$8,627,833

$57,067,558

8

$24,509,400

$11,712,200

$1,712,980

$11,084,220

$934,807

$12,042,909

39

$371,478,895

$19,998,796

$121,136,544

$230,343,555

$10,916,436

$74,840,023

Special Assessment
Grand Totals:

Page 136

TABLE 33
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN SANTA CRUZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Nogales Suburban Fire District
Totals for Nogales Suburban Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$5,530,000

$165,000

$120,000

$5,245,000

$272,838

$861,842

2

$5,530,000

$165,000

$120,000

$5,245,000

$272,838

$861,842

Rio Rico Fire District
General Obligation
Totals for Rio Rico Fire District
Santa Cruz County Flood Control District
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Revenue

1

$44,590,000

$3,810,000

$1,320,000

$39,460,000

$1,927,806

$7,859,176

Totals for Santa Cruz County Jail District

1

$44,590,000

$3,810,000

$1,320,000

$39,460,000

$1,927,806

$7,859,176

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for Santa Cruz County Flood Control District
Santa Cruz County Jail District

Sonoita-Elgin Fire District
Totals for Sonoita-Elgin Fire District
Three Canyons Domestic WID
Totals for Three Canyons Domestic WID
Tubac Fire District
1

$6,795,000

$735,000

$250,000

$5,810,000

$298,369

$992,300

1

$6,795,000

$735,000

$250,000

$5,810,000

$298,369

$992,300

General Obligation

3

$12,325,000

$900,000

$370,000

$11,055,000

$571,207

$1,854,142

Revenue

1

$44,590,000

$3,810,000

$1,320,000

$39,460,000

$1,927,806

$7,859,176

Grand Totals:

4

$56,915,000

$4,710,000

$1,690,000

$50,515,000

$2,499,013

$9,713,318

General Obligation
Totals for Tubac Fire District

Page 137

TABLE 34
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

$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

$23,985
$23,985

$16,820
$16,820

$820,195
$820,195

$31,355
$31,355

$98,214
$98,214

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

4
1
5

$12,602,000
$144,900
$12,746,900

$2,544,261
$113,852
$2,658,113

$494,685
$10,000
$504,685

$9,563,054
$21,048
$9,584,102

$348,397
$1,560
$349,957

$1,115,941
$132,978
$1,248,919

Ash Fork Fire District
Totals for Ash Fork Fire District
Ash Fork Sanitary District
Totals for Ash Fork Sanitary District
Ash Fork Street Lighting District
Totals for Ash Fork Street Lighting District
Big Park Domestic Wastewater Improvement
Totals for Big Park Domestic Wastewater Improvement
Black Canyon City WID
Totals for Black Canyon City WID
Black Canyon Fire District
General Obligation
Totals for Black Canyon Fire District
Bryce Canyon Drive Domestic WID
Totals for Bryce Canyon Drive Domestic WID
Calvary Chapel Domestic WID
Totals for Calvary Chapel Domestic WID
Camp Verde Fire District
Totals for Camp Verde Fire District
Camp Verde Sanitary District
Revenue
Special Assessment
Totals for Camp Verde Sanitary District

Page 138

TABLE 34
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Central Yavapai Fire District
General Obligation
Totals for Central Yavapai Fire District

2
2

$17,220,000
$17,220,000

$2,835,000
$2,835,000

$735,000
$735,000

$13,650,000
$13,650,000

$662,913
$662,913

$4,457,383
$4,457,383

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$5,325,000
$5,325,000

$630,000
$630,000

$225,000
$225,000

$4,470,000
$4,470,000

$219,850
$219,850

$1,231,467
$1,231,467

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$1,552,000
$1,552,000

$672,000
$672,000

$80,000
$80,000

$800,000
$800,000

$53,760
$53,760

$870,827
$870,827

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$145,000
$145,000

$1,130,000
$1,130,000

$91,712
$91,712

$1,206,452
$1,206,452

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
Coyote Springs Road Improvement
Special Assessment
Totals for Coyote Springs Road Improvement
Creekside Sanitary District
Totals for Creekside Sanitary District
Crown King Fire District
Totals for Crown King Fire District
Diamond Valley Water District
Totals for Diamond Valley Water District
Eastridge Community Facilities
Special Assessment
Totals for Eastridge Community Facilities

$1,225,000
$1,225,000
Page 139

TABLE 34
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Granite Gardens Sanitary District
Totals for Granite Gardens Sanitary District

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$7,315,000
$7,315,000

$4,010,000
$4,010,000

$445,000
$445,000

$2,860,000
$2,860,000

1
1

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

$765,000
$765,000

$20,000
$20,000

$455,000
$455,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$1,250,000
$1,250,000

$9,012
$9,012

$10,299
$10,299

$1,230,689
$1,230,689

$8,787
$8,787

$13,566
$13,566

2
2

$384,996
$384,996

$51,356
$51,356

$13,782
$13,782

$319,858
$319,858

$3,404
$3,404

$27,535
$27,535

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Groom Creek Fire District
Totals for Groom Creek Fire District
Hassayampa Community Facilities
Special Assessment
Totals for Hassayampa Community Facilities
Hassayampa Community Facilities #2
Special Assessment
Totals for Hassayampa Community Facilities #2

**

**

**

**

High Valley Ranch Domestic Wastewater ID
Totals for High Valley Ranch Domestic Wastewater ID
Highland Pines Domestic WID
General Obligation
Totals for Highland Pines Domestic WID
Holiday Hills Domestic WID
General Obligation
Totals for Holiday Hills Domestic WID
I.C.R. Sanitary District
Totals for I.C.R. Sanitary District
Iron Springs Sanitary District
Totals for Iron Springs Sanitary District
Jackson Acres Domestic WID
Totals for Jackson Acres Domestic WID
Kings Ranch Unit 2 Domestic WWID
Totals for Kings Ranch Unit 2 Domestic WWID
Mayer Domestic Water Improvement District
Totals for Mayer Domestic Water Improvement District

** Special Districts are not required to report interest

$0
$0
Page 140

TABLE 34
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Mayer Fire District
General Obligation
Totals for Mayer Fire District

2
2

$925,000
$925,000

$85,000
$85,000

$25,000
$25,000

$815,000
$815,000

$39,125
$39,125

$198,699
$198,699

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$90,000
$90,000

$95,000
$95,000

$3,240,000
$3,240,000

$172,199
$172,199

$922,752
$922,752

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$400,000
$400,000

$150,407
$150,407

$19,956
$19,956

$229,637
$229,637

$1,930
$1,930

$23,473
$23,473

1
1

$1,857,000
$1,857,000

$92,000
$92,000

$95,000
$95,000

$1,670,000
$1,670,000

$113,784
$113,784

$315,781
$315,781

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

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

$490,000
$490,000

$185,000
$185,000

$6,325,000
$6,325,000

$418,287
$418,287

$3,260,073
$3,260,073

1
1

$256,300
$256,300

$35,804
$35,804

$875
$875

$219,621
$219,621

$4,445
$4,445

$45,508
$45,508

1
1

$6,940,000
$6,940,000

$460,000
$460,000

$195,000
$195,000

$6,285,000
$6,285,000

$381,945
$381,945

$2,825,468
$2,825,468

1
1

$925,446
$925,446

$664,306
$664,306

$20,248
$20,248

$240,892
$240,892

$8,001
$8,001

$98,601
$98,601

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Montezuma Rimrock Fire District
Totals for Montezuma Rimrock Fire District
Parkway Community Facilities District
General Obligation
Totals for Parkway Community Facilities District
Peeples Valley Fire District
Totals for Peeples Valley Fire District
Ponderosa Park Domestic WID
Revenue
Totals for Ponderosa Park Domestic WID
Poquito Valley Road Improvement District
Special Assessment
Totals for Poquito Valley Road Improvement District
Prescott East Sanitary District
Totals for Prescott East Sanitary District
Pronghorn Ranch CFD
General Obligation
Totals for Pronghorn Ranch CFD
Quail Ridge Domestic WID
Revenue
Totals for Quail Ridge Domestic WID
Quailwood Meadows CFD
General Obligation
Totals for Quailwood Meadows CFD
Raven Ridge Community Facilities
Special Assessment
Totals for Raven Ridge Community Facilities
Red Rock Road Enhancement Maintenance
Totals for Red Rock Road Enhancement Maintenance

$0
$0
Page 141

TABLE 34
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Retreat at Oak Creek Domestic WID
Totals for Retreat at Oak Creek 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

$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

$373,000
$373,000

$468,000
$468,000

$2,184,000
$2,184,000

$169,975
$169,975

$816,823
$816,823

1
1

$14,800,000
$14,800,000

$1,340,000
$1,340,000

$505,000
$505,000

$12,955,000
$12,955,000

$881,088
$881,088

$9,672,902
$9,672,902

0
0

$0
$0

$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

$95,840
$95,840

$40,354
$40,354

$5,502
$5,502

$49,984
$49,984

$1,240
$1,240

$13,741
$13,741

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

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
Sheriff's Posse Community Road Improvement
Totals for Sheriff's Posse Community Road Improvement
Southside Community Facilities District
Special Assessment
Totals for Southside Community Facilities District
Stoneridge Community Facilities District
General Obligation
Totals for Stoneridge Community Facilities District
TiPeJi Domestic WID
Totals for TiPeJi Domestic WID
Verde Valley Fire District
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

$0
$0
Page 142

TABLE 34
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Yarnell 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

1
1

$15,260,000
$15,260,000

$13,470,000
$13,470,000

$1,790,000
$1,790,000

$0
$0

$76,970
$76,970

$3,654,308
$3,654,308

0
0

$0
$0

$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
Revenue
Special Assessment

15
7
9

$58,130,996
$28,518,300
$18,655,186

$6,014,353
$16,200,472
$7,955,512

$2,005,901
$2,305,516
$1,288,750

$50,110,742
$10,012,312
$9,410,924

$2,818,953
$431,742
$440,032

$22,708,059
$4,839,230
$3,455,203

Grand Totals:

31

$105,304,482

$30,170,337

$5,600,167

$69,533,978

$3,690,727

$31,002,492

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
Yavapai Ranch Domestic WID
Totals for Yavapai Ranch Domestic WID

Page 143

TABLE 35
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YUMA COUNTY

SPECIAL DISTRICT NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Del Sur Estates Improvement District
Totals for Del Sur Estates Improvement District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Donovan Estates Improvement District
Totals for Donovan Estates Improvement 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

2

$20,947,000

$7,158,168

$1,051,000

$12,737,832

$580,977

$3,836,762

2

$20,947,000

$7,158,168

$1,051,000

$12,737,832

$580,977

$3,836,762

2

$398,285

$184,194

$94,354

$119,737

$6,112

$114,293

2

$398,285

$184,194

$94,354

$119,737

$6,112

$114,293

1

$479,610

$119,898

$119,984

$239,728

$13,462

$137,383

1

$479,610

$119,898

$119,984

$239,728

$13,462

$137,383

Downtown Mall Maintenance Improvement
Totals for Downtown Mall Maintenance Improvement
East San Luis CFD
Special Assessment
Totals for East San Luis CFD
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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Hillander "C" Irrigation District
Totals for Hillander "C" Irrigation District
Hyder Valley Irrigation Water Delivery
Totals for Hyder Valley Irrigation Water Delivery

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$7,280,000

$5,420,000

$910,000

$950,000

$688,520

$1,661,457

1

$7,280,000

$5,420,000

$910,000

$950,000

$688,520

$1,661,457

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

Improvement District #67
Special Assessment
Totals for Improvement District #67
North Gila Valley Irrigation District
Totals for North Gila Valley Irrigation District

$0
Page 144

TABLE 35
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YUMA COUNTY

SPECIAL DISTRICT NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Unit B Irrigation District
Totals for Unit B Irrigation District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Wellton-Mohawk Anti-Noxious Weed
Totals for Wellton-Mohawk Anti-Noxious Weed

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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
Yuma County Improvement District
Special Assessment
Totals for Yuma County Improvement District

2

$3,437,915

$0

$126,274

$3,311,641

$110,922

$110,922

2

$3,437,915

$0

$126,274

$3,311,641

$110,922

$110,922

2

$18,000,000

$2,115,000

$8,435,000

$7,450,000

$464,174

$19,643,731

2

$18,000,000

$2,115,000

$8,435,000

$7,450,000

$464,174

$19,643,731

Yuma County Jail District
Revenue
Totals for Yuma County Jail District
Yuma County Library District
General Obligation
Totals for Yuma County Library District

2

$53,765,000

$5,890,000

$1,165,000

$46,710,000

$2,204,825

$10,972,601

2

$53,765,000

$5,890,000

$1,165,000

$46,710,000

$2,204,825

$10,972,601

0

$0

$0

$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 Pest Abatement District
Totals for Yuma County Pest Abatement District
Yuma Irrigation District
Totals for Yuma Irrigation District

$0
Page 145

TABLE 35
SPECIAL DISTRICT FY 2012 BONDED INDEBTEDNESS IN YUMA COUNTY

SPECIAL DISTRICT NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Yuma Mesa Irrigation & Drainage
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$53,765,000

$5,890,000

$1,165,000

$46,710,000

$2,204,825

$10,972,601

Revenue

2

$18,000,000

$2,115,000

$8,435,000

$7,450,000

$464,174

$19,643,731

Special Assessment

8

$32,542,810

$12,882,260

$2,301,612

$17,358,938

$1,399,993

$5,860,817

12

$104,307,810

$20,887,260

$11,901,612

$71,518,938

$4,068,992

$36,477,149

Totals for Yuma Mesa Irrigation & Drainage
General Obligation

Grand Totals:

Page 146

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.

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. On July 1, 2011, the Water
Infrastructure Finance Authority absorbed the
Greater Arizona Development Authority.
However, the Water Infrastructure Finance
Authority is maintaining the Greater Arizona
Development Authority debt under a separate
program from the Water Infrastructure
Finance Authority so that debt is still reported
by each authority.

During FY 2011/12, six state agencies and
universities issued thirteen new bonds totaling
$1.5 billion. State agencies and universities
are now required to report interest per A.R.S.
§ 41-4604.
Nine state agencies and
universities reported interest paid during FY
2011/12 of $448.5 million on $11.7 billion of
outstanding principal as of June 30, 2012 and
$2.6 billion interest paid to date on 192 issues
with an original principal of $16.4 billion.
Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2012. However,
the year-end balances should reflect any July
1, 2012 payments if the payment amount has
been deposited into a dedicated fund for the
payment of principal.

As of June 30, 2012, outstanding debt totaled
$11.67 billion for agencies and universities
after $2.7 billion in principal was retired or
refunded during the fiscal year, a 6.6%
decrease from the $12.49 billion reported for
FY 2010/11. However, it should be noted
that debt reported by the Water Infrastructure

Page 147

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona Automobile Theft Authority
Totals for Arizona Automobile Theft Authority

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 Biomedical Reseach Commission
Totals for Arizona Biomedical Reseach Commission
Arizona Board for Private Postsecondary Education
Totals for Arizona Board for Private Postsecondary
Arizona Board of Behavioral Health Examiners
Totals for Arizona Board of Behavioral Health Exami
Arizona Board of Cosmetology
Totals for Arizona Board of Cosmetology
Arizona Board of Executive Clemency
Totals for Arizona Board of Executive Clemency
Arizona Board of Fingerprinting
Totals for Arizona Board of Fingerprinting
Arizona Board of Occupational Therapy Examiners
Totals for Arizona Board of Occupational Therapy E
Arizona Board of Podiatry Examiners
Totals for Arizona Board of Podiatry Examiners
Arizona Board of Psychologist Examiners
Totals for Arizona Board of Psychologist Examiners
Arizona Board of Regents
Totals for Arizona Board of Regents

Page 148

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona Board of Tax Appeals
Totals for Arizona Board of Tax Appeals

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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
8

$1,406,225,000
$425,420,000
$1,831,645,000

$130,025,000
$0
$130,025,000

$23,445,000
$0
$23,445,000

$1,252,755,000
$425,420,000
$1,678,175,000

$61,865,632
$20,709,600
$82,575,232

$194,303,137
$42,339,627
$236,642,764

0
0

$0
$0

$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 Commerce Authority
Totals for Arizona Commerce Authority
Arizona Commission for Postsecondary Education
Totals for Arizona Commission for Postsecondary E
Arizona Commission on Judicial Conduct
Totals for Arizona Commission on Judicial Conduct
Arizona Commission on the Arts
Totals for Arizona Commission on the Arts
Arizona Commission on Uniform State Laws
Totals for Arizona Commission on Uniform State La
Arizona Cotton Research and Protection Council
Totals for Arizona Cotton Research and Protection
Arizona Criminal Justice Commission
Totals for Arizona Criminal Justice Commission
Arizona Department of Administration
Certificate of Participation
Revenue
Totals for Arizona Department of Administration
Arizona Department of Agriculture
Totals for Arizona Department of Agriculture
Arizona Department of Corrections
Totals for Arizona Department of Corrections

Page 149

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona Department of Economic Security
Totals for Arizona Department of Economic Security

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 Department of Education
Totals for Arizona Department of Education
Arizona Department of Emergency & Military Affairs
Totals for Arizona Department of Emergency & Milit
Arizona Department of Environmental Quality
Totals for Arizona Department of Environmental Qu
Arizona Department of Financial Institutions
Totals for Arizona Department of Financial Institutio
Arizona Department of Gaming
Totals for Arizona Department of Gaming
Arizona Department of Health Services
Totals for Arizona Department of Health Services
Arizona Department of Homeland Security
Totals for Arizona Department of Homeland Securit
Arizona Department of Housing
Totals for Arizona Department of Housing
Arizona Department of Insurance
Totals for Arizona Department of Insurance
Arizona Department of Juvenile Corrections
Totals for Arizona Department of Juvenile Correctio

Page 150

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona Department of Liquor Licenses and Control
Totals for Arizona Department of Liquor Licenses a

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

21
21

$3,507,770,000
$3,507,770,000

$636,575,000
$636,575,000

$669,150,000
$669,150,000

$2,202,045,000
$2,202,045,000

$117,415,221
$117,415,221

$877,391,732
$877,391,732

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$1,955,000
$1,955,000

$539,986
$539,986

$17,915,014
$17,915,014

$841,227
$841,227

$3,692,281
$3,692,281

Arizona Department of Public Safety
Totals for Arizona Department of Public Safety
Arizona Department of Racing
Totals for Arizona Department of Racing
Arizona Department of Real Estate
Totals for Arizona Department of Real Estate
Arizona Department of Revenue
Totals for Arizona Department of Revenue
Arizona Department of Transportation
Revenue
Totals for Arizona Department of Transportation
Arizona Department of Veteran's Services
Totals for Arizona Department of Veteran's Services
Arizona Department of Water Resources
Totals for Arizona Department of Water Resources
Arizona Department of Weights and Measures
Totals for Arizona Department of Weights and Meas
Arizona Exposition and State Fair
Totals for Arizona Exposition and State Fair
Arizona Game and Fish Department
Certificate of Participation
Totals for Arizona Game and Fish Department

Page 151

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona Geological Survey
Totals for Arizona Geological Survey

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

11
11

$172,120,000
$172,120,000

$72,987,131
$72,987,131

$12,885,995
$12,885,995

$86,271,419
$86,271,419

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 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 Medical Board
Totals for Arizona Medical Board
Arizona Pioneer's Home
Totals for Arizona Pioneer's Home
Arizona Radiation Regulatory Agency
Totals for Arizona Radiation Regulatory Agency
Arizona State Board for Charter Schools
Totals for Arizona State Board for Charter Schools
Arizona State Board of Accountancy
Totals for Arizona State Board of Accountancy
Arizona State Board of Barbers
Totals for Arizona State Board of Barbers
Arizona State Board of Chiropractic Examiners
Totals for Arizona State Board of Chiropractic Exam

Page 152

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona State Board of Dental Examiners
Totals for Arizona State Board of Dental 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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Arizona State Board of Dispensing Opticians
Totals for Arizona State Board of Dispensing Optici
Arizona State Board of Equalization
Totals for Arizona State Board of Equalization
Arizona State Board of Funeral Directors & Embalm
Totals for Arizona State Board of Funeral Directors
Arizona State Board of Massage Thearpy
Totals for Arizona State Board of Massage Thearpy
Arizona State Board of Nursing
Totals for Arizona State Board of Nursing
Arizona State Board of Optometry
Totals for Arizona State Board of Optometry
Arizona State Board of Osteopathic Examiners
Totals for Arizona State Board of Osteopathic Exam
Arizona State Board of Pharmacy
Totals for Arizona State Board of Pharmacy
Arizona State Board of Physical Therapy
Totals for Arizona State Board of Physical Therapy
Arizona State Board of Respiratory Care Examiners
Totals for Arizona State Board of Respiratory Care

Page 153

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona State Board of Technical Registration
Totals for Arizona State Board of Technical Registra

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

6

$384,355,000

$116,645,000

$10,720,000

$256,990,000

$12,695,774

$109,924,598

19
25

$1,151,295,000
$1,535,650,000

$166,320,000
$282,965,000

$153,545,000
$164,265,000

$872,865,000
$1,129,855,000

$33,008,737
$45,704,511

$190,401,560
$300,326,158

Arizona State Forester
Totals for Arizona State Forester
Arizona State Land Department
Totals for Arizona State Land Department
Arizona State Lottery Commission
Totals for Arizona State Lottery Commission
Arizona State Parks
Totals for Arizona State Parks
Arizona State Personnel Board
Totals for Arizona State Personnel Board
Arizona State Retirement System
Totals for Arizona State Retirement System
Arizona State Schools for the Deaf and the Blind
Totals for Arizona State Schools for the Deaf and th
Arizona State Senate
Totals for Arizona State Senate
Arizona State Supreme Court
Totals for Arizona State Supreme Court
Arizona State University
Certificate of Participation
Revenue
Totals for Arizona State University

Page 154

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona State Veterinary Medical Examing Board
Totals for Arizona State Veterinary Medical Examing

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 Homeopathic and Integrated Medicine Exam
Totals for Board of Homeopathic and Integrated Me
Board of Naturopathic Physicians Examiners
Totals for Board of Naturopathic Physicians Examin
Board of Nursing Care Institution Administrators
Totals for Board of Nursing Care Institution Adminis
Board of Peace Officer Standards & Training
Totals for Board of Peace Officer Standards & Traini
Central Arizona Water Conservation District
Totals for Central Arizona Water Conservation Distri
Citizen's Clean Election Commission
Totals for Citizen's Clean Election Commission
Commission for the Deaf and Hard of Hearing
Totals for Commission for the Deaf and Hard of Hea
Cooperative Extension Service
Totals for Cooperative Extension Service
Court of Appeals Div I
Totals for Court of Appeals Div I
Court of Appeals Div II
Totals for Court of Appeals Div II

Page 155

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Department of Fire, Building and Life Safety
Totals for Department of Fire, Building and Life Safe

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

20
55
75

$119,445,000
$412,520,000
$531,965,000

$20,545,000
$53,640,000
$74,185,000

$4,535,000
$960,000
$5,495,000

$94,365,000
$357,920,000
$452,285,000

$0
$0
$0

$0
$0
$0

59
59

$3,930,243,000
$3,930,243,000

$287,965,000
$287,965,000

$155,885,000
$155,885,000

$3,486,393,000
$3,486,393,000

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Government Information Technology Agency
Totals for Government Information Technology Age
Governor's Office Commission on Indian Affairs
Totals for Governor's Office Commission on Indian
Governor's Office of AZ. Parent's Commission
Totals for Governor's Office of AZ. Parent's Commis
Governor's Office of Equal Opportunity
Totals for Governor's Office of Equal Opportunity
Governor's Office of Highway Safety
Totals for Governor's Office of Highway Safety
Governor's Office of Strategic Planning and Budget
Totals for Governor's Office of Strategic Planning a
Governor's Office, Arizona-Mexico Commission
Totals for Governor's Office, Arizona-Mexico Commi
Greater Arizona Development Authority
General Obligation
Revenue
Totals for Greater Arizona Development Authority
Health Facilities Authority
Revenue
Totals for Health Facilities Authority
Industrial Commission of Arizona
Totals for Industrial Commission of Arizona

Page 156

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Joint Legislative Budget Committee
Totals for Joint Legislative Budget Committee

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

3
9
12

$90,285,000
$382,255,000
$472,540,000

$9,450,000
$22,600,000
$32,050,000

$11,295,000
$5,835,000
$17,130,000

$69,540,000
$353,820,000
$423,360,000

$3,699,548
$18,912,287
$22,611,835

$26,024,257
$66,769,276
$92,793,532

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Law Enforcement Merit System Council
Totals for Law Enforcement Merit System Council
Navigable Stream Adjudication Commission
Totals for Navigable Stream Adjudication Commissi
Northern Arizona University
Certificate of Participation
Revenue
Totals for Northern Arizona University
Office of Administrative Hearings
Totals for Office of Administrative Hearings
Office of Ombudsman - Citizen's Aide
Totals for Office of Ombudsman - Citizen's Aide
Office of Pest Management
Totals for Office of Pest Management
Office of the Arizona State Treasurer
Totals for Office of the Arizona State Treasurer
Office of the Attorney General
Totals for Office of the Attorney General
Office of the Auditor General
Totals for Office of the Auditor General
Public Safety Personnel Retirement System
Totals for Public Safety Personnel Retirement Syste

Page 157

TABLE 36
STATE AGENCY AND UNIVERSITY FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Registrar of Contractors
Totals for Registrar of Contractors

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

10
7
17

$2,496,530,000
$1,116,090,000
$3,612,620,000

$552,440,000
$491,095,000
$1,043,535,000

$720,445,000
$58,805,000
$779,250,000

$1,223,645,000
$566,190,000
$1,789,835,000

$96,307,337
$29,650,646
$125,957,983

$477,191,236
$292,030,272
$769,221,508

0
0

$0
$0

$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
12
38

$643,377,000
$689,200,000
$1,332,577,000

$184,077,000
$52,060,000
$236,137,000

$192,102,307
$46,960,000
$239,062,307

$267,655,000
$590,180,000
$857,835,000

$21,913,000
$31,481,000
$53,394,000

$188,198,000
$155,147,000
$343,345,000

11
11

$1,428,830,000
$1,428,830,000

$230,185,000
$230,185,000

$353,725,000
$353,725,000

$910,370,000
$910,370,000

$0
$0

$0
$0

53

$5,041,182,000

$994,592,000

$958,547,293

$3,088,500,014

Residential Utility Consumer Office
Totals for Residential Utility Consumer Office
School Facilities Board
Certificate of Participation
Revenue
Totals for School Facilities Board
Secretary of State's Office
Totals for Secretary of State's Office
State of Arizona Acupuncture Board of Examiners
Totals for State of Arizona Acupuncture Board of Ex
University of Arizona
Certificate of Participation
Revenue
Totals for University of Arizona
Water Infrastructure Finance Authority
Revenue
Totals for Water Infrastructure Finance Authority
Certificate of Participation
General Obligation

$197,322,518

$999,333,509

20

$119,445,000

$20,545,000

$4,535,000

$94,365,000

$0

$0

Revenue

205

$13,215,743,000

$2,013,427,131

$1,457,750,995

$9,851,474,419

$251,177,491

$1,624,079,467

Grand Totals:

278

$18,376,370,000

$3,028,564,131

$2,420,833,288

$13,034,339,433

$448,500,009

$2,623,412,975

Page 158

OTHER JURISDICTIONS
Political subdivisions that do not belong to a
particular jurisdiction are included in this
section.
Details on the outstanding
indebtedness of Other Jurisdictions can be
found in Table 37.

Other Jurisdictions are not required to report
interest per A.R.S. § 41-4604. However, four
jurisdictions reported interest paid during FY
2011/12 of $79.8 million on $5.32 billion of
outstanding principal as of June 30, 2012 and
$426.2 million interest paid to date on 27
issues with an original principal of $7.14 billion.

As of June 30, 2012, outstanding debt totaled
$5.33 billion for Other Jurisdictions after $1.3
billion in principal was retired or refunded
during the fiscal year, a 6.6% increase over
the $5.00 billion reported for FY 2010/11.

Please note that the outstanding balances
listed in the report should reflect all
indebtedness as of June 30, 2012. However,
the year-end balances should reflect any July
1, 2012 payments if the payment amount has
been deposited into a dedicated fund for the
payment of principal.

The largest debt-holder shown here is Salt
River Project. During FY 2011/12, Salt River
Project issued two new bonds totaling $677.6
million. The Arizona Sports and Tourism
Authority also issued a new bond totaling
$176.7 million during FY 2011/12.

Page 159

TABLE 37
OTHER JURISDICTIONS' FY 2012 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/11

PAID IN FISCAL
YEAR 2012

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID TO
DATE

Arizona Power Authority
Revenue
Totals for Arizona Power Authority

1
1

$57,520,000
$57,520,000

$19,990,000
$19,990,000

$4,585,000
$4,585,000

$32,945,000
$32,945,000

$1,844,238
$1,844,238

$21,323,461
$21,323,461

6
6

$708,670,000
$708,670,000

$159,530,000
$159,530,000

$313,270,000
$313,270,000

$288,920,000
$288,920,000

$12,363,022
$12,363,022

$142,252,256
$142,252,256

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2
13
15

$799,635,000
$5,201,820,000
$6,001,455,000

$0
$322,875,000
$322,875,000

$117,458,000
$862,750,000
$980,208,000

$682,177,000
$4,016,195,000
$4,698,372,000

$49,895,000
$0
$49,895,000

$137,209,000
$0
$137,209,000

5
5

$381,825,000
$381,825,000

$34,615,000
$34,615,000

$37,500,000
$37,500,000

$309,710,000
$309,710,000

$15,729,922
$15,729,922

$125,450,505
$125,450,505

Arizona Sports and Tourism Authority
Revenue
Totals for Arizona Sports and Tourism Authority
Arizona Strip Landfill Corporation
Totals for Arizona Strip Landfill Corporation
Salt River Project
Certificate of Participation
Revenue
Totals for Salt River Project
U of A Health Network
Revenue
Totals for U of A Health Network
Certificate of Participation

2

$799,635,000

$0

$117,458,000

$682,177,000

$49,895,000

$137,209,000

Revenue

25

$6,349,835,000

$537,010,000

$1,218,105,000

$4,647,770,000

$29,937,182

$289,026,222

Grand Totals:

27

$7,149,470,000

$537,010,000

$1,335,563,000

$5,329,947,000

$79,832,182

$426,235,222

Page 160

SECTION TWO

FY 2011/12 NEW ISSUES

Page 161

Page 162

FY 2011/12 NEW ISSUES
Throughout FY 2011/12 $5.54 billion in new
issues was reported by Arizona political
subdivisions; of this amount, $3.14 billion
was directly attributed to refunding old debt.

COUNTIES

During the FY 2011/12, four counties
reported seven new bond issues totaling
$328.2 million; of this amount, $16.2 million
was attributed to refunding. The following is
a breakdown of this total:

The following table lists new issues by
county as well as the portion recognized as
refunding.
COUNTY

NEW DEBT
$21,957,000

$0

Cochise

$18,587,661

$1,230,000

Coconino

$14,727,287

$30,075,000

Gila

$8,049,000

$0

Graham

$1,376,923

$0

$0

$0

La Paz

$18,115,000

$0

$666,383,337

$1,181,390,000

$0

$0

$1,998,423

$3,224,000

Other

$73,275,000

$854,425,000

Pima

$372,225,000

$197,160,000

Pinal

$73,371,110

$140,397,520

Santa Cruz

$10,995,000

$0

$1,085,360,289

$649,140,000

$6,346,764

$75,880,000

Maricopa
Mohave
Navajo

State
Yavapai

counties; none was attributed to
refunding.
9 $76.2 million in general obligation debt,
reported by one county; $16.2 million
was attributed to refunding.

REFUNDING

Apache

Greenlee

9 $252.0 million in revenue bonds by four

Yuma

$30,570,906

$8,000,000

Total

$2,403,338,700

$3,140,921,520

New county debt for the fiscal year can be
found in Table 38.

CITIES AND TOWNS

City and town debt comes in a variety of
forms including general obligation, revenue,
special
assessment,
certificates
of
participation, lease purchase, and municipal
property corporation bonds. In general,
cities and towns obtain debt to improve
roads, highways, waste water systems and
other municipal facilities.
During FY 2011/12 twenty-five cities and
towns incurred $1.68 billion in new debt; of
this amount, $1.2 billion was attributed to
refunding. The following is a breakdown of
this total:
9 $691.7 million in revenue bonds,
reported by eighteen cities and towns;
$469.3 million was attributed to
refunding

The following table lists new issues by
jurisdiction as well as the portion recognized
as refunding.
JURISDICTION

NEW DEBT

Counties

$311,955,000

REFUNDING
$16,225,000

Cities/Towns
Community
Colleges
School Districts
Special
Districts
Other

$478,628,644

$1,199,984,000

reported by nine cities and towns; $293.5
million was attributed to refunding

$58,975,000

$97,585,000

9 $434.3 million in debt issued through

$362,611,657

$195,327,520

$32,533,110

$128,235,000

$1,085,360,289

$854,425,000

State

$73,275,000

$649,140,000

Total

$2,403,338,700

$3,140,921,520

9 $526.6 million in general obligation debt,

municipal property corporations, reported
by six cities and towns; $412.9 million
was attributed to refunding

9 $24.3

million in a certificate of
participation, reported by one city; $24.3
million was attributed to refunding

9 $1.7 million in a lease purchase by one
city.

NOTE: Copies of the Report of Bond and Security Issuance forms as provided by the jurisdictions can
be obtained upon request.

Page 163

Projects for new debt issued by cities and
towns include: $63.9 million for wastewater
and sewer projects, $275.2 million for
streets/highways, and $139.5 million for
municipal improvement projects.

account for 12.4% of total outstanding debt for
school districts.
Detail of all new debt issued by school districts
in the fiscal year can be found in Table 41.

Detail of the new debt issues reported by
cities and towns for this fiscal year can be
found in Table 39.

SPECIAL DISTRICTS

Special districts are created within a county
and organized to complete a specified project.
Debt issued by these jurisdictions is not the
ultimate responsibility of the county. Special
district debt can take the form of general
obligation, revenue, and special assessment
bonds.
During FY 2011/12, ten special districts
incurred $160.8 million in new debt; of this
amount, $128.2 was for refunding. The
following is a breakdown of this total:

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 twelve community
college districts statewide, three reported
new debt totaling $156.6 million; of this
amount, of this amount, $97.6 million was
attributed to refunding.

9 $158.1 million in revenue bonds, issued
by seven special districts;
attributed to refunding.

9 $156.6 million in general obligation

bonds by three community colleges;
$97.6 million was attributed to refunding.
Detail on new issues by Community
Colleges can be found in Table 40.

$128.2

9 $1.7 million in a general obligation bond,
issued by one special district; none was
attributed to refunding.

9 $0.9 million in special assessment bonds,

issued by two special districts; none was
attributed to refunding.
Detail of all new debt issued by special
districts for the fiscal year can be found in
Table 42.

SCHOOL DISTRICTS

As discussed in section one, school districts
primarily incur general obligation debt, subject
to the limitations established by the
constitution. During FY 2011/12, thirty-nine
Arizona school districts reported new debt.
General obligation debt totaled $473.9 million;
$195.3 million was for refunding. Twelve
school districts reported an additional $58.0
million in the form of long term lease purchase
agreements. One impact aid bond was
reported totaling $20.3 million and one
certificate of participation was reported totaling
$5.7 million.

STATE AGENCIES, UNIVERSITIES
AND OTHERS

During the FY 2011/12, nine agencies,
universities and others reported eighteen new
bond issues totaling $2.7 billion; of this
amount, $1.5 billion was attributed to
refunding. The following is a breakdown of
this total:

Nine of the fifteen Arizona counties had school
districts that issued new debt. Maricopa
county schools accounted for approximately
74.9% of all new general obligation debt by
issuing $355.1 million. Of this amount, $124.9
million is to be used in a refunding capacity.
The remaining $230.2 million is for
improvement projects of various types.

9 $2.48 billion in revenue bonds, issued by

nine agencies, universities and others; of
this amount, $1.3 billion was attributed to
refunding.
9 $21.8 million in lease purchase debt,
issued by two agencies; of this amount,
none was attributed to refunding.

9 $157.9

million in a certificate of
participation by one agency for refunding.
Detail of new debt issued by state agencies,
universities and other jurisdictions for the fiscal
year can be found in Table 43.

Arizona school districts that reported debt for
FY 2011/12 had, as of the date of their report,
outstanding debt in the amount of $4.5 billion.
New debt and new lease purchases, then,

Page 164

TABLE 38
COUNTY NEW ISSUES IN FY 2012
Name

Bond Type

# of Issues

La Paz

Revenue

1

$18,115,000

Pima
Pima

General Obligation
Revenue

2
2

$76,225,000
$222,105,000

Santa Cruz

Revenue

1

$9,300,000

Yuma

Revenue

1

$2,435,000

Grand Total:

Page 165

Amount

$328,180,000

TABLE 39
CITY NEW ISSUES IN FY 2012
Name

Bond Type

# of Issues

Amount

Casa Grande
Clarkdale

Revenue
Revenue

2
1

$12,142,000
$5,500,000

Eagar

Revenue

1

$350,000

Eloy
Flagstaff

Revenue
General Obligation

1
6

$2,000,000
$19,812,287

Flagstaff

Revenue

1

$12,530,000

Gilbert
Gilbert

Municipal Property Corp
Revenue

1
1

$20,980,000
$16,945,000

Glendale

Municipal Property Corp

1

$8,665,000

Glendale
Goodyear

Revenue
General Obligation

1
1

$77,635,000
$11,530,000

Goodyear

Revenue

2

$26,810,000

Holbrook
Mesa

Revenue
General Obligation

1
2

$3,224,000
$58,955,000

Mesa
Oro Valley

Revenue
Revenue

5
2

$293,100,000
$19,175,000

Page

Revenue

1

$11,730,000

Peoria
Peoria

General Obligation
Revenue

2
1

$28,405,000
$23,280,000

Phoenix

General Obligation

3

$296,465,000

Phoenix
Prescott Valley

Municipal Property Corp
Municipal Property Corp

5
3

$351,610,000
$31,625,000

San Luis

Municipal Property Corp

1

$20,165,000

Scottsdale
Sedona

General Obligation
Revenue

1
1

$50,000,000
$8,395,000

Show Low

Lease Purchase

2

$1,703,423

Sierra Vista
Somerton

Revenue
Revenue

1
3

$8,300,000
$4,288,934

St. Johns
Tempe

Municipal Property Corp
General Obligation

1
2

$1,257,000
$19,770,000

Tempe

Revenue

2

$48,800,000

Tolleson
Tucson

General Obligation
Certificates of Participation

2
1

$18,570,000
$24,280,000

Tucson

General Obligation

2

$23,060,000

Tucson

Revenue

5

$117,555,000

Grand Total:

Page 166

$1,678,612,644

TABLE 40
COMMUNITY COLLEGE NEW ISSUES IN FY 2012
Name

Bond Type

# of Issues

Central Arizona College

General Obligation-Class B

1

$58,975,000

Maricopa
Yavapai

General Obligation
General Obligation

1
1

$69,135,000
$28,450,000

Grand Total:

Page 167

Amount

$156,560,000

TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2012
Dist. #
8
1
13

Name

County

Bond Type

# of Issues

Amount

Window Rock USD

Apache

Impact Aid Revenue

1

$20,350,000

Tombstone USD
Willcox USD

Cochise
Cochise

Lease Purchase
General Obligation-Class B

1
1

$1,671,389
$7,195,000

13

Willcox USD

Cochise

Lease Purchase

1

$1,421,272

21
4

St. David USD
Grand Canyon USD

Cochise
Coconino

General Obligation
Lease Purchase

1
1

$1,230,000
$730,000

Safford USD
Riverside ESD

Graham
Maricopa

Lease Purchase
General Obligation-Class B

1
1

$1,376,923
$3,010,000

11

Peoria USD

Maricopa

General Obligation

1

$39,895,000

11
28

Peoria USD
Kyrene ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$4,170,000
$43,030,000

1
2

31

Balsz ESD

Maricopa

General Obligation-Class B

1

$15,555,000

33
38

Buckeye ESD
Madison ESD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$2,135,000
$12,000,000

40

Glendale ESD

Maricopa

General Obligation-Class B

2

$9,600,000

48
48

Scottsdale USD
Scottsdale USD

Maricopa
Maricopa

General Obligation-Class B
Lease Purchase

1
1

$59,000,000
$26,418,392

49

Palo Verde ESD

Maricopa

Lease Purchase

1

$463,360

60
66

Higley USD
Roosevelt ESD

Maricopa
Maricopa

Lease Purchase
Certificates of Participation

1
1

$5,456,184
$5,700,000

69
80

Paradise Valley USD
Chander USD

Maricopa
Maricopa

General Obligation-Class B
General Obligation-Class B

1
1

$54,000,000
$30,000,000

90

Saddle Mountain USD

Maricopa

General Obligation-Class B

1

$5,650,000

92
95

Pendergast ESD
Queen Creek USD

Maricopa
Maricopa

Lease Purchase
General Obligation-Class B

1
1

$2,473,757
$2,265,000

97

Deer Valley USD

Maricopa

General Obligation-Class B

1

$30,000,000

205
213

Glendale UHSD
Tempe UHSD

Maricopa
Maricopa

General Obligation-Class B
Lease Purchase

1
1

$22,440,000
$12,336,644

216

Agua Fria UHSD

Maricopa

General Obligation-Class B

1

$22,300,000

Tucson USD
Tucson USD

Pima
Pima

General Obligation
General Obligation-Class B

1
2

$21,680,000
$29,320,000

6
12

Marana USD
Sunnyside USD

Pima
Pima

General Obligation-Class B
General Obligation-Class B

1
1

$11,825,000
$14,675,000

39

Continental ESD

Pima

General Obligation-Class B

1

$9,185,000

1
11

Florence USD
Eloy ESD

Pinal
Pinal

General Obligation-Class B
General Obligation-Class B

1
1

$4,895,000
$1,490,000

15

Superior USD

Pinal

General Obligation

1

$1,315,000

15
21

Superior USD
Coolidge USD

Pinal
Pinal

Lease Purchase
General Obligation

1
1

$1,145,000
$185,000

21

Coolidge USD

Pinal

General Obligation-Class B

1

$3,610,000

22

Toltec ESD

Pinal

General Obligation-Class B

1

$4,000,000

1
1

Page 168

TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2012
Dist. #

Name

109

Santa Cruz Valley UHSD Pinal

General Obligation-Class B

1

$802,520

Cottonwood-Oak Creek Yavapai
Humboldt USD
Yavapai

Lease Purchase
General Obligation

1
1

$846,764
$3,105,000

6
22

County

Bond Type

# of Issues

Amount

22

Humboldt USD

Yavapai

General Obligation-Class B

1

$4,305,000

11

Somerton ESD

Yuma

Lease Purchase

1

$3,681,972

Grand Total:

Page 169

$557,939,177

TABLE 42
SPECIAL DISTRICT NEW ISSUES IN FY 2012
Name

County

Bond Type

# of Issues

Northern Gila County Sanitary District

Gila

Special Assessment

1

$635,000

Pine-Strawberry Water Improvement
Phoenix Mesa Gateway Airport Authority

Gila
Maricopa

Revenue
Revenue

1
1

$7,414,000
$19,220,000

Hilltop Drive Road Improvement District

Navajo

Special Assessment

1

$295,000

Metropolitan Domestic WID
Central Arizona Irrigation District

Pima
Pinal

Revenue
Revenue

1
1

$300,000
$2,250,000

Electrical District #3
Maricopa Mountain Domestic WID

Pinal
Pinal

Revenue
Revenue

1
1

$120,235,000
$724,110

Rio Rico Fire District

Santa Cruz

General Obligation

1

$1,695,000

Yuma County Jail District

Yuma

Revenue

1

$8,000,000

Grand Total:

Page 170

Amount

$160,768,110

TABLE 43
STATE AGENCY, UNIVERSITY AND OTHER NEW ISSUES FY 2012
Name

Bond Type

# of Issues

Amount

Arizona Health Facilities Authority
Arizona Health Facilities Authority

Lease Purchase
Revenue

1
2

$9,400,000
$203,260,000

Arizona State University

Revenue

2

$244,285,000

AZ Sports & Tourism Authority
Department of Transportation

Revenue
Revenue

1
3

$176,740,000
$759,185,000

Northern Arizona University

Lease Purchase

1

$12,420,289

Northern Arizona University
Salt River Project

Revenue
Revenue

1
2

$23,955,000
$677,685,000

University Medical Center

Revenue

1

$73,275,000

University of Arizona
University of Arizona

Certificates of Participation
Revenue

1
1

$157,875,000
$95,910,000

Water Infrastructure Finance Authority

Revenue

2

$228,210,000

Grand Total:

Page 171

$2,662,200,289

Page 172

SECTION THREE

LEASE PURCHASES

Page 173

Page 174

LEASE PURCHASE/THIRD PARTY FINANCING CONTRACTS
This section provides a summary of the Lease
Purchase/Third Party Financing Contracts
(hereafter referred to as Lease Purchase)
information collected for FY 2011/12. For
political subdivisions with outstanding debt, the
information in Table 44 is presented by county
and jurisdiction.

As of June 30, 2012, outstanding lease
purchase/third party contracts totaled $979.5
million, a 4.4% increase over the $938.5
million reported for FY2010/11. The data
presented is as complete and accurate as the
records submitted by the reporting political
subdivisions and agencies.

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
showed 669 lease purchase contracts with
$209.5 million outstanding at the end of that
fiscal year. For FY 2011/12, 1,118 political
subdivisions and state agencies submitted
reports.

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.

Page 175

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

Apache
City/Town

Eagar
Springerville
St. Johns

5
4
3

$609,198
$59,597
$8,980

$996,799
$110,611
$204,355

$33,322
$4,666
$1,799

$233,132
$16,643
$16,177

5

$446,356

$900,915

$40,698

$199,932

2
1
1

$100,950
$0
$0

$246,453
$83,627
$426,924

$7,112
$1,223
$7,288

$23,644
$2,395
$47,780

Alpine Fire District

4

$47,913

$395,849

Alpine Sanitary District
Concho Fire District

1
2

$29,306
$115,131

$72,101
$133,119

Ganado Fire District
Greer Fire District
Nutrioso Volunteer Fire District
Ojo Bonito Estates Domestic WID
Puerco Valley Fire District
Vernon Fire District

1
2
1
1
2
3

$70,337
$177,122
$448,597
$31,839
$143,988
$598,460

$102,848
$135,670
$51,403
$5,246
$163,970
$129,040

$1,006
$9,247
$33,941

$3,775
$13,200
$110,702

38

$2,887,774

$4,158,930

$157,177

$795,462

2

$196,611

$379,991

$10,435

$140,424

County

Apache County
School District

Ganado USD
McNary ESD
Red Mesa USD
Special District

Totals for Apache

**

**

$1,831
$6,296

$11,072
$68,906

$8,748

$48,104

**

**

**

**

Cochise
City/Town

Benson

** Special Districts are not required to report interest
Page 176

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Bisbee
Douglas
Sierra Vista
Tombstone
Willcox

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

5
7
6
2
4

$221,680
$6,738,301
$3,191,075
$145,575
$76,333

$303,185
$4,254,312
$2,107,159
$103,634
$232,908

$10,946
$415,621
$103,393

$60,714
$1,979,354
$713,813

$7,486

$41,244

1

$11,870,000

$3,130,000

$571,919

$2,491,025

4

$592,178

$1,072,349

$30,671

$260,450

Apache Elementary District
Ash Creek ESD
Benson USD
Cochise ESD

1
2
1
1

$24,627
$13,501
$37,520
$0

$18,482
$26,742
$17,018
$115,554

$1,216
$1,814
$3,321
$0

$1,216
$10,025
$3,321
$3,139

Douglas USD
Pearce Elementary School District
Sierra Vista USD
St. David USD
Tombstone USD
Valley UHS
Willcox USD

1
1
1
1
1
1
1

$1,112,282
$33,148
$584,390
$41,717
$1,671,389
$25,557
$1,421,272

$77,298
$16,574
$373,572
$0
$0
$96,999
$0

$97,585
$0
$48,252
$0
$21,171
$1,754
$45,581

$97,585
$0
$18,505
$0
$21,171
$7,044
$45,581

Elfrida Fire District

1

$17,398

$47,602

$1,615

$7,071

Mescal-J6 Fire District
Naco Fire District
Naco Sanitary District

2
4
1

$286,228
$59,175
$90,816

$33,772
$66,391
$109,184

$9,550
$2,107
$4,265

$19,470
$15,817
$82,884

**

**

Community College

Cochise Community College
County

Cochise County
School District

Special District

** Population less than 2,500

Page 177

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

San Jose Fire District
St. David Fire District
Sunsites-Pearce Fire District
Whetstone Fire District

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

1
1
1
3

$17,648
$79,951
$9,031
$257,302

$9,267
$16,049
$41,969
$433,365

$664
$3,735
$761
$13,156

$1,496
$7,762
$5,126
$170,105

57

$28,814,705

$13,083,376

$1,407,018

$6,204,342

4
3
29
4

$4,512,299
$30,010
$705,668
$1,242,948

$4,670,299
$76,276
$1,471,332
$1,124,417

$239,879
$3,731
$37,816
$60,353

$2,370,537
$9,827
$218,115
$256,674

1

$0

$154,469

$1,376

$22,608

2
2
1
6

$23,554
$144,468
$660,489
$221,817

$227,911
$554,625
$69,511
$161,062

$6,058
$11,798
$21,900
$6,018

$16,252
$27,120
$37,108
$21,693

Forest Lakes Fire District
Highlands Fire District
Junipine Fire District
Kaibab Estates West Fire District

2
2
1
1

$60,344
$4,465,904
$2,000
$125,286

$111,707
$229,171
$48,000
$24,714

$4,995
$170,664

$25,112
$170,664

$3,533

$26,970

Pinewood Fire District
Pinewood Sanitary District

1
2

$317,428
$24,408

$128,853
$88,402

$17,872

$77,870

Totals for Cochise
Coconino
City/Town

Flagstaff
Fredonia
Page
Williams
Community College

Coconino Community College
School District

Chevelon Butte S.D. #5
Flagstaff USD
Grand Canyon USD
Maine Consolidated School #10
Special District

** Special Districts are not required to report interest

Page 178

**

**

**

**

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Ponderosa Fire District
Sherwood Forest Estates Fire District
Summit Fire District
Tusayan Fire District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date
$344,873
$48,239
$829,077

4
3
9
1

$689,665
$178,680
$3,543,661
$482,472

$509,271
$106,072
$1,248,763
$342,528

$39,546
$10,794
$176,257

78

$17,431,101

$11,347,383

$812,590

$4,502,739

1
3
1

$42,992
$663,236
$0

$483,320
$398,609
$5,148

$3,539
$13,674
$66

$78,050
$63,368
$1,036

3

$42,502

$75,198

$3,530

$17,150

19

$132,430

$430,045

$0

$0

5
2
1
4
1
1

$2,401
$82,940
$244,730
$88,495
$66,534
$0

$113,913
$85,677
$66,284
$437,579
$27,893
$122,059

$2,528
$5,268
$25
$825
$1,691
$3,246

$9,857
$9,279
$25
$8,016
$2,947
$3,651

Beaver Valley Fire District

2

$0

$96,500

$2,277

$19,858

Canyon Fire District
Christopher-Kohl's Fire District

1
2

$161,031
$224,339

$144,681
$227,161

$9,901
$13,394

$62,577
$60,555

Totals for Coconino

**

**

Gila
City/Town

Globe
Payson
Winkelman
Community College

Gila Provisional Community College
County

Gila County
School District

Globe USD
Hayden-Winkelman USD
Miami USD
Payson USD
San Carlos USD
Tonto Basin SD #33
Special District

** Special Districts are not required to report interest
Page 179

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

Hellsgate Fire District
Houston Mesa Fire District
Pine Strawberry Fire District
Pleasant Valley Fire District
Tonto Basin Fire District
Tri-City / Central Heights Fire District

4
1
1
1
3
2

$125,204
$98,591
$92,302
$8,609
$182,171
$283,971

$559,446
$41,409
$117,698
$30,891
$219,988
$559,789

$17,239
$5,530
$9,053
$758
$12,128

Whispering Pines Fire District

1

$37,415

$49,585

$2,526

$38,690

59

$2,579,893

$4,292,873

$107,198

$620,465

4
18
1

$58,443
$2,081,021
$440,445

$280,485
$2,512,317
$210,885

$7,990
$152,505
$22,152

$57,501
$1,204,763
$61,374

7

$721,692

$463,649

$380

$29,938

5
1

$91,813
$1,376,923

$448,072
$0

$15,569
$0

$52,082
$0

Fort Thomas Fire District

2

$11,000

$18,895

Totals for Graham

38

$4,781,337

$3,934,303

$198,596

$1,405,658

17

$1,336,735

$1,923,282

$80,109

$290,434

Totals for Gila

**

$136,064
$21,673
$34,926
$5,101
$47,642
**

Graham
City/Town

Pima
Safford
Thatcher
County

Graham County
School District

Pima USD
Safford USD
Special District

**

**

Greenlee
County

Greenlee County
School District

** Special Districts are not required to report interest
Page 180

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Clifton USD
Totals for Greenlee

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

1

$0

$101,239

$0

$10,362

18

$1,336,735

$2,024,521

$80,109

$300,796

La Paz
City/Town

Parker

1

$57,118

$35,690

$0

$0

Quartzsite

2

$100,899

$218,824

$907

$42,650

3

$1,298,067

$444,084

$103,064

$375,020

2
2

$5,241
$133,345

$173,918
$104,986

$3,945
$1,370

$19,724
$13,464

Buckskin Fire District
Ehrenberg Fire District

3
3

$126,180
$1,960,234

$307,201
$521,302

$7,938
$109,647

$66,147
$509,963

La Paz County Jail District
McMullen Valley Fire District
Parker Fire District
Quartzsite Fire District

1
1
1
3

$1,556,883
$75,606
$49,036
$259,431

$465,192
$88,740
$161,912
$415,298

$77,517
$4,859
$2,879
$13,421

$364,716
$35,136
$46,048
$193,702

Totals for La Paz

22

$5,622,040

$2,937,147

$325,547

$1,666,570

Avondale

2

$550,540

$2,550,949

$33,623

$604,151

Buckeye
Carefree
Cave Creek

4
3
1

$772,708
$2,365,155
$22,938

$2,232,605
$1,912,837
$15,442

$65,093
$143,794
$2,358

$606,595
$925,945
$2,358

County

La Paz County
School District

Bicentennial UHSD
Quartzsite ESD
Special District

Maricopa
City/Town

Page 181

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

El Mirage
Gila Bend
Gilbert
Glendale
Guadalupe
Mesa

1
1
1
5
3
7

$12,944
$139,264
$0
$12,374,596
$6,630
$821,551

$53,181
$77,725
$16,722
$4,081,701
$310,405
$7,309,288

$1,174
$7,555
$41
$554,455
$2,912
$98,124

$5,597
$10,619
$1,779
$952,093
$89,727
$1,715,159

Paradise Valley
Phoenix
Queen Creek
Tempe
Wickenburg

4
3
3
4
3

$2,424,227
$3,450,022
$1,347,369
$5,675,273
$799,005

$3,225,242
$552,034
$984,516
$1,741,251
$520,497

$119,307
$28,312
$70,587
$331,707
$47,623

$903,903
$28,312
$333,485
$1,782,728
$200,059

1

$71,983

$136,797

$3,997

$45,637

1

$0

$1,249,369

$1,168

$68,003

2
1
1
1
2
20
1

$0
$24,044
$0
$0
$0
$118,546
$79,663

$454,506
$91,619
$1,795,976
$26,236
$2,411,346
$1,064,713
$14,291

$348
$902
$0
$449
$176,157
$10,849
$0

$39,077
$9,065
$0
$2,581
$189,308
$103,423
$0

2
1

$5,150,200
$224,003

$45,463
$65,284

$299,077
$0

$300,325
$0

Community College

Maricopa Community College
County

Maricopa County
School District

Agua Fria UHSD
Aguila ESD
Alhambra ESD
Avondale Elementary
Balsz School District
Buckeye UHSD
Cartwright USD
Cave Creek USD
Creighton ESD

Page 182

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

Dysart USD
East Valley Institute of Technology
Gilbert USD
Glendale ESD
Glendale UHSD
Higley USD

1
1
8
2
3
2

$824,160
$31,529
$10,847,158
$15,882
$226,714
$6,447,511

$0
$125,495
$11,013,465
$31,425
$299,280
$264,559

$0
$2,626
$655,372
$863
$17,619
$0

$0
$18,323
$1,441,890
$2,427
$34,975
$0

Isaac USD
Kyrene School District
Laveen ESD
Liberty ESD
Littleton ESD
Madison ESD
Morristown USD
Murphy ESD

1
1
1
1
3
2
2
4

$2,200,164
$50,639
$681,535
$172,521
$834,225
$259,828
$0
$44,674

$259,607
$158,656
$399,586
$577,479
$373,197
$159,490
$136,356
$79,103

$194,121
$5,190
$55,790
$22,705
$72,082
$0
$1,147
$4,730

$304,710
$16,217
$70,955
$71,475
$171,410
$0
$11,010
$10,266

Nadaburg ESD
Osborn School District
Palo Verde ESD
Paloma ESD
Paradise Valley USD
Pendergast ESD
Phoenix ESD
Roosevelt ESD
Saddle Mountain USD #90

1
1
1
1
2
2
1
1
1

$0
$181,396
$463,360
$0
$0
$2,473,757
$553,722
$5,700,000
$0

$285,900
$261,739
$0
$100,815
$7,340,000
$1,196,340
$298,156
$0
$121,123

$2,192
$0
$0
$936
$46,220
$13,458
$0
$59,010
$2,301

$19,935
$0
$0
$9,344
$471,122
$190,076
$0
$59,010
$6,778

11
1

$37,657,131
$12,336,644

$6,319,276
$0

$745,316
$179,087

$1,170,901
$197,087

Scottsdale USD
Tempe UHSD

Page 183

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Tolleson ESD
Tolleson UHSD
Washington ESD
West-Mec School District #402
Wickenburg USD

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

1
1
2
2
3

$0
$176,431
$983,453
$4,750,005
$808,675

$42,657
$483,607
$1,931,951
$675,000
$300,077

$0
$16,054
$109,907
$250,000
$56,385

$0
$70,314
$298,091
$250,000
$74,315

Arizona Utilities CFD
Buckeye Valley Fire District
Clearwater Hills Fire District
Daisy Mountain Fire District
Harquahala Valley Fire District
Maricopa County Special Health Care
Paloma Irrigation & Drainage District
Phoenix Mesa Gateway Airport Authority

1
1
1
6
2
8
1
2

$3,217,354
$3,286,042
$0
$736,676
$152,116
$7,539,464
$387,826
$2,745,420

$0
$230,958
$50,000
$1,357,655
$81,691
$14,651,680
$12,393
$3,254,580

$0
$143,153

$0
$291,444

$55,202
$5,192
$300,443
$1,994
$291,427

$384,536
$34,759
$2,701,107
$1,994
$1,555,742

Roosevelt Irrigation District
Sun City Fire District
Sun City West Fire District
Tonopah Valley Fire District
Wittmann Volunteer Fire District

1
1
1
1
1

$15,958
$1,946,453
$5,317,188
$288,824
$88,575

$270,616
$1,053,547
$982,812
$108,174
$136,425

$2,283
$50,668
$239,436
$20,361
$4,430

$29,670
$557,726
$1,022,256
$167,866
$34,114

169

$150,873,671

$88,364,865

$5,627,312

$20,671,775

Bullhead City

3

$224,570

$1,427,898

$17,115

$393,554

Colorado City
Kingman

9
1

$218,113
$98,756

$528,117
$99,143

$11,174
$9,268

$140,115
$9,268

Special District

Totals for Maricopa

**

**

Mohave
City/Town

** Special Districts are not required to report interest

Page 184

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Lake Havasu City

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

7

$4,079,995

$6,579,022

$225,858

$992,015

1

$1,200,626

$118,153

$62,711

$124,216

1

$179,195

$55,805

$7,542

$7,542

1
2
4
2
1
3
1

$0
$47,166
$2,421,387
$1,061,992
$525,387
$110,835
$117,674

$783,180
$177,625
$560,975
$2,753,199
$99,921
$72,810
$0

$7,066
$4,361
$83,996
$59,864
$22,708
$3,654
$0

$67,625
$19,959
$355,492
$547,188
$22,708
$4,034
$0

Beaver Dam / Littlefield Fire District

1

$70,718

$158,932

$1,867

$15,290

Bullhead City Fire District
Colorado City Fire District
Desert Hills Fire District
Golden Shores Fire District
Lake Mohave Ranchos Fire District
Oatman Fire District
Pine Lake Fire District
Pinion Pine Fire District

1
3
1
2
4
1
2
1

$229,026
$150,892
$73,587
$194,346
$97,656
$176,605
$53,739
$34,416

$70,974
$145,745
$223,339
$203,048
$134,402
$3,395
$51,480
$37,467

$11,070

$11,070

$7,101
$11,164
$8,487
$739
$848
$2,528

$49,709
$59,791
$31,178
$739
$23,624
$11,071

So-Hi Domestic WID

2

$877,170

$567,830

$14,798

$228,554

54

$12,243,851

$14,852,460

$573,919

$3,114,742

Community College

Mohave Community College
County

Mohave County
School District

Bullhead City ESD
Colorado City USD
Colorado River UHSD
Lake Havasu USD
Mohave Valley ESD
Topock Elementary School
Valentine ESD
Special District

Totals for Mohave

** Special Districts are not required to report interest
Page 185

**

**

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

Navajo
City/Town

Holbrook
Pinetop-Lakeside
Show Low
Snowflake

2
2
3
1

$692,553
$648,386
$1,803,899
$1,890,755

$571,597
$1,266,614
$150,000
$1,109,245

$37,739
$22,278
$7,500
$65,912

$87,407
$333,557
$21,370
$878,736

Taylor
Winslow

2
4

$126,348
$877,276

$261,652
$453,057

$7,962
$47,500

$82,050
$287,980

1

$13,526

$99,195

$2,478

$19,519

4

$282,090

$114,836

$689

$1,676

Blue Ridge USD
Cedar USD

7
2

$464,528
$3,793

$1,995,113
$32,814

$42,068
$0

$305,245
$0

Pinon USD
Show Low USD
Snowflake USD

3
2
1

$2,081,556
$1,173,907
$0

$2,338,444
$611,264
$401,664

$126,665
$42,493
$154

$2,698,428
$117,201
$63,818

Heber-Overgaard Fire District
Joseph City Domestic WID
Joseph City Fire District
Lakeside Fire District

1
1
2
1

$0
$425,359
$171,254
$859,893

$1,250,000
$35,989
$136,246
$434,930

$20,222
$4,539
$12,671
$41,678

$228,367
$6,623
$49,188
$314,166

Pinedale Domestic WID
Pinetop Fire District
Show Low Fire District

1
4
4

$58,875
$437,800
$1,366,518

$75,125
$2,153,597
$1,324,281

$2,436
$68,519
$67,800

$52,103
$479,855
$614,260

Community College

Northland Pioneer College
County

Navajo County
School District

Special District

Page 186

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

White Mountain Lake Fire District
Totals for Navajo

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

3

$34,715

$356,530

$3,423

$36,859

51

$13,413,031

$15,172,193

$624,726

$6,678,408

Other
Other

1

$318,825

$82,729

$16,340

$16,340

U of A Health Network

Arizona Strip Landfill Governmental

33

$31,921,830

$49,640,309

$1,451,161

$9,532,970

Totals for Other

34

$32,240,655

$49,723,038

$1,467,501

$9,549,310

4
2
26

$7,818
$18,394
$7,821,061

$147,025
$284,230
$11,086,048

$3,199
$2,458
$140,197

$11,994
$64,551
$1,005,517

1

$3,365,000

$1,720,000

$191,100

$1,806,975

1

$0

$34,400,000

$176,000

$1,598,600

2
6
5
2
5

$564,510
$1,965,354
$295,711
$12,396,030
$2,925,606

$2,676,564
$179,957
$224,455
$179,248
$1,111,326

$50,597
$0
$9,352
$740,911
$57,265

$117,252
$0
$14,891
$815,124
$60,831

12
3

$11,887,817
$1,406,652

$10,033,088
$713,954

$387,595
$5,778

$808,814
$7,970

Pima
City/Town

Oro Valley
South Tucson
Tucson
Community College

Pima Community College
County

Pima County
School District

Catalina Foothills USD
Continental ESD
Flowing Wells USD
Marana USD
Sunnyside USD
Tucson USD
Vail ESD
Special District

Page 187

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

Avra Valley Fire District
Corona De Tucson Fire District

2
2

$599,664
$1,713,870

$61,770
$253,401

$3,285

$12,806

Golder Ranch Fire District
Green Valley Fire District
Hayhook Ranch Improvement District
La Cholla Sewer District

8
1
1
1

$1,359,916
$500,436
$0
$0

$1,301,384
$471,283
$1,005,671
$1,821,707

$61,185
$36,346
$3,930
$4,223

$203,499
$221,741
$172,777
$508,255

Marana Domestic WID
Metropolitan Domestic WID
Mount Lemmon Fire District

2
1
2

$1,194,105
$971,414
$168,648

$359,007
$1,528,586
$252,982

$41,584
$61,894

$564,281
$1,221,006

Mountain Vista Fire District
Northwest Fire District
Picture Rocks Fire District
Pima County Stadium District
Rincon Valley Fire District

2
1
4
2
1

$5,085,711
$79,222
$660,225
$16,335,000
$0

$807,154
$910,778
$521,537
$16,065,000
$767,744

$202,230
$7,020
$28,708
$774,385
$14,711

$430,360
$137,626
$126,141
$10,549,840
$88,777

Totals for Pima

99

$71,322,164

$88,883,899

$3,003,953

$20,549,628

Apache Junction
Casa Grande
Coolidge
Eloy
Florence
Kearny

3
2
1
5
1
5

$521,179
$2,059,117
$849,560
$1,919,899
$509,847
$187,246

$1,193
$2,662,122
$651,440
$3,424,421
$290,153
$452,821

$0
$108,824
$41,216
$81,406
$32,807
$6,703

$0
$1,192,663
$182,965
$667,805
$337,578
$51,774

Maricopa
Superior

2
1

$147,598
$9,471

$898,761
$201

$21,333
$0

$235,902
$0

**

**

**

**

Pinal
City/Town

** Special Districts are not required to report interest
Page 188

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

Community College

Central Arizona College

2

$10,194,405

$8,611,106

$459,530

$3,896,721

9

$4,413,511

$9,200,252

$266,836

$1,332,307

County

Pinal County
School District

Casa Grande UHSD

3

$51,867

$148,173

$3,253

$18,845

Coolidge USD #21
Eloy ESD
Florence USD
J.O. Combs ESD
Maricopa USD
Mary C. O'Brien ASD
Oracle School District #2
Picacho ESD

2
3
2
2
2
1
1
2

$389,033
$102,266
$2,139,018
$165,042
$0
$0
$0
$63,786

$281,962
$196,180
$3,860,982
$258,777
$678,456
$40,116
$66,607
$95,028

$13,072
$7,046
$137,755
$9,692
$7,835
$1,106
$1,837
$0

$42,297
$20,751
$654,586
$32,661
$89,297
$3,234
$6,524
$8,962

Santa Cruz Valley UHSD
Superior USD

1
3

$441,708
$1,227,259

$39,962
$275,789

$24,873
$37,194

$46,509
$102,613

Antelope Peak Domestic WID
Apache Junction Fire District
Apache Junction Water Utilities CFD
Arizona City Fire District
Arizona City Sanitary District
Oracle Fire District

1
1
2
2
1
3

$319,000
$5,421
$4,421,286
$1,281,254
$4,871,792
$193,743

$0
$178
$1,491,217
$480,997
$3,330,240
$429,257

$153,891
$53,563
$299,314
$13,598

$721,982
$444,373
$2,241,587
$97,418

San Carlos Irrigation & Drainage District
Thunderbird Farms Irrigation WDD #3

1
1

$0
$0

$415,000
$50,000

$2,286
$70

$73,402
$6,395

Special District

** Special Districts are not required to report interest

Page 189

**

$0

**

$0

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Totals for Pinal

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

65

$36,484,308

$38,331,391

$1,785,040

$12,509,151

3

$2,453,841

$2,674,196

$129,717

$765,169

7

$1,196,952

$1,628,760

$56,011

$401,715

4

$89,764

$616,626

$7,672

$148,817

2
4
1
1
4

$264,828
$687,729
$308,442
$32,466
$362,609

$97,457
$1,199,004
$164,558
$112,534
$1,204,191

$15,059
$50,526
$11,676
$2,884
$15,191

$81,524
$454,577
$23,636
$23,128
$478,987

26

$5,396,631

$7,697,326

$288,736

$2,377,553

AHCCCS
Arizona Board of Nursing Care Institution Ad
Arizona Department of Administration
Arizona Department of Corrections
Arizona Department of Insurance

1
1
4
5
1

$88,998
$0
$99,152,500
$232,852,068
$0

$256,029
$2,304
$23,117,500
$33,807,726
$152,366

$5,449
$0
$4,990,339
$0
$0

$35,255
$0
$39,104,076
$0
$20,077

Arizona Department of Public Safety
Arizona Department of Revenue
Arizona Department of Transportation

1
1
6

$0
$192,846
$10,728,825

$6,066,622
$18,346
$1,810,036

$19,222
$0
$207,083

$586,961
$0
$212,864

Santa Cruz
City/Town

Nogales
County

Santa Cruz County
School District

Santa Cruz Valley USD
Special District

Nogales Suburban Fire District
Rio Rico Fire District
Santa Cruz County Jail District
Sonoita-Elgin Fire District
Tubac Fire District
Totals for Santa Cruz
State
State

Page 190

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Arizona Game and Fish Department
Arizona State University
Industrial Commission of Arizona
Northern Arizona University
University of Arizona

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

3
22
2
4
24

$0
$89,047,271
$22,160
$58,652,399
$36,956,763

$1,159,328
$16,465,087
$1,441
$4,417,889
$11,454,059

$10,433
$4,370,591
$410
$2,154,405
$2,146,393

$128,502
$22,566,172
$762
$9,696,455
$13,525,434

75

$527,693,830

$98,728,733

$13,904,325

$85,876,558

7
2
2
3
6
1

$16,893
$37,316
$41,511
$616,748
$602,452
$42,281

$291,088
$495,489
$206,080
$1,070,131
$3,267,684
$80,505

$11,103
$3,306
$2,831
$27,888
$39,696
$1,100

$63,309
$61,776
$29,575
$227,581
$1,140,232
$5,526

6

$13,325,922

$6,217,687

$649,522

$1,213,609

1

$23,989,517

$26,010,483

$1,101,382

$5,644,090

Ash Fork USD
Beaver Creek ESD
Camp Verde USD
Canon ESD

2
3
1
1

$98,710
$42,703
$1,892,000
$42,645

$136,070
$52,408
$125,000
$294,785

$2,419
$4,067
$127,531
$4,674

$12,139
$4,067
$204,091
$110,626

Chino Valley USD
Cottonwood-Oak Creek ESD

9
1

$1,570,258
$846,764

$507,502
$0

$94,376
$20,805

$128,089
$43,922

Totals for State
Yavapai
City/Town

Camp Verde
Chino Valley
Clarkdale
Cottonwood
Prescott
Sedona
Community College

Yavapai Community College
County

Yavapai County
School District

Page 191

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Number of Contracts

Kirkland ESD
Mayer USD
Mingus UHSD
Prescott USD
Sedona-Oak Creek USD
Seligman USD

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

1
2
2
4
2
2

$0
$125,108
$495,345
$681,337
$103,897
$24,850

$104,617
$277,319
$296,141
$2,517,181
$89,377
$183,576

$1,046
$9,504
$34,047
$38,781
$0
$5,640

$11,442
$68,300
$34,047
$562,929
$0
$21,769

Ash Fork Fire District
Camp Verde Fire District
Groom Creek Fire District
Mayer Fire District
Montezuma Rimrock Fire District
Peeples Valley Fire District
Sedona Fire District

1
2
1
1
3
1
1

$36,498
$111,856
$86,168
$1,523,808
$432,385
$61,771
$250,222

$3,752
$562,343
$163,832
$476,192
$362,460
$34,369
$569,620

$624
$9,973
$4,774

$624
$130,846
$54,413

$23,825
$4,339
$15,481

$118,375
$9,626
$95,701

Sheriff's Posse Community Road ID
Williamson Valley Fire District

1
2

$100,700
$239,999

$109,228
$113,041

$8,124
$5,941

$8,124
$95,598

71

$47,439,664

$44,617,960

$2,252,798

$10,100,425

15
2
5

$266,764
$143,098
$264,472

$1,772,623
$426,013
$753,228

$21,220
$9,865
$36,242

$318,296
$74,951
$237,269

1

$0

$189,625

$5,395

$29,439

Special District

Totals for Yavapai

**

**

Yuma
City/Town

San Luis
Somerton
Wellton
County

Yuma County
School District

** Special Districts are not required to report interest

Page 192

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Crane ESD
Mohawk Valley ESD
Somerton School District #11
Wellton USD
Yuma ESD
Yuma UHSD

Number of Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

2
1
4
3
3
2

$1,007,110
$0
$4,000,447
$52,871
$1,675,044
$6,505,170

$367,759
$83,843
$212,070
$73,844
$218,414
$388,805

$89,416
$1,960
$2,923
$4,061
$35,598
$419,857

$140,680
$11,395
$2,923
$16,519
$45,833
$422,556

2

$5,063,212

$2,333,331

$237,784

$809,236

40

$18,978,188

$6,819,555

$864,321

$2,109,097

994

$979,539,579

$494,969,953

Special District

Yuma County Airport Authority
Totals for Yuma
Grand Totals:

Page 193

$33,480,865

$189,032,679

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Apache
Alpine Elementary District
Apache County Flood Control District
Apache County Jail District
Apache County Library District
Chinle Unified School District No. 24
Concho ESD #6
Crosby Acres Special District
Greer Acres Little Colorado Improvement
Little Colorado Sanitary District
Naco ESD
Northern Apache County Health Care District
Round Valley USD
Sanders USD
St. Johns USD
Vernon Domestic Water Improvement District
Vernon Elementary
White Mountain Health Care District
Window Rock USD
Cochise
Babocomari Fire District
Bisbee USD
Bowie Fire District
Bowie Light District
Bowie USD
Bowie Water Improvement District
Carmel Light District
Cochise County Flood Control District
Cochise County Library District
Double Adobe ESD
Elfrida ESD
Fort Huachuca Accommodation Schools
Fry Fire District
Golden Acres Light District
Huachuca City
McNeal ESD
Naco Elementary District
Naco Light District
Northern Cochise Hospital District

Page 194

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Palominas ESD
Palominas Fire District
PBW Fire District
Pirtleville Fire District
Pirtleville Light District
Pistachio Pass Irrigation District
Pomerene Domestic WID
Pomerene ESD
Pomerene Fire District
Rucker ESD
San Pedro Valley Hospital District
San Simon Fire District
San Simon USD
San Simon Water District
St. David Domestic WID
St. David Flood Control District
St. David Irrigation District
Sunnyside Fire District
Sunsites Light District
Vanar Flood Control District
Wellspring Water District
Whetstone Water District
Coconino
Anasazi Trail Road Improvement
Badger Creek Domestic WID
Blue Ridge Fire District
Buckboard Trail Road Improvement District
Coconino County
Coconino County Flood Control District
Coconino County Jail District
Coconino County Library District
Flagstaff Ranch Fire District
Flagstaff Special Districts
Forest Lakes Domestic WID
Foxboro Ranch Domestic WID
Fredonia-Moccasin USD
Greenehaven Fire District
Hashknife Trail Road Improvement District
Kachina Village Improvement District

Page 195

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Kiowa-Comanche Road Improvement District
Linda Lane Road Improvement District
Lockett Ranch Fire District
Lupine Road Improvement District
Majestic View Domestic WID
Mormon Lake Fire District
North Stardust / Antelope Road Improvement
Northside Sewer Improvement District
Oakwood Pines Road Improvement
Page Hospital District
Page USD #8
Pawnee Road Improvement District
Pinon Road Improvement District
Rio Arroyo Road Improvement District
Rodeo Drive Road Improvement District
Shoshone Road Improvement District
South Grand Canyon Sanitary District
Toho Tolani Road Improvement District
Tonawanda Road Improvement District
Tuba City USD
Tusayan
Valle Domestic Water Improvement District
Westwood Estates Fire District
Williams Facilities District
Williams Hospital District
Williams USD
Woods Fire District
Gila
Apache Hills Street Lighting District
Beaver Valley Domestic WID
Canyon Water Improvement District
Central Heights / Country Club / Midland City SLD
Claypool / Lower Miami SLD
East Verde Park Fire District
East Verde Park Street Lighting District
Gila County Library District
Gisela Valley Fire District
Hayden
Miami

Page 196

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Miami Gardens Street Lighting District
Northern Gila County Sanitary District
Pine Creek Canyon Domestic WID
Pine Strawberry School
Pine Strawberry Water Improvement District
Pine Street Lighting District
Pine Water Association Domestic WID
Rim Trail Domestic WID
Round Valley / Oxbow Fire District
Solitude Trails Domestic WID
Star Valley
Strawberry Hollow Domestic WID
Strawberry Hollow Wastewater Improvement
Sunflower Mesa Domestic Water Improvement District
Tonto Village Domestic WID
Tri-City Regional Sanitary District
Upper Glendale Street Lighting District
Whispering Pines Domestic WID
Young Elementary School District 5
Graham
Bonita ESD
Central Jackson Heights Fire District
Fort Thomas USD
Gila Valley Irrigation District
Graham County Flood Control District
Klondyke ESD
Mount Graham Hospital District
Pima Rural Fire District
Safford Rural Fire District
Solomon Elementary School
Thatcher USD
Greenlee
Blue ESD
Clifton
Duncan
Duncan USD
Duncan Valley Rural Fire District
Eagle ESD
Franklin Irrigation District

Page 197

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Morenci USD
La Paz
Bouse ESD
Bouse Volunteer Fire District
Buckskin Sanitary District
Cibola Valley Irrigation District
La Paz County Hospital District
La Paz Estates Street Lighting Improvement District
Lakeside 5 Street Lighting Improvement District
McMullen Valley Water Conservation & Drainage
Parker USD
Salome Consolidated ESD
Salome Street Lighting Improvement District
Wenden ESD
Wenden Street Lighting Improvement District
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
#K95 104th Place / University
#K96 Central Avenue
#K98 Billings Street
Adaman Irrigation WDD #36

Page 198

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Agua Fria Ranch Community Facilities District
Aguila Fire District
Aguila Irrigation District
Arlington SD
AZ 9-5 Housing
AZ 9-6 Housing
AZ 9-7 Housing
AZ 9-9 Housing
Berridge Manor Irrigation WDD #38
Buckeye ESD #33
Buckeye Water Conservation & Drainage District
Camelview Irrigation WDD #44
Centerra Community Facilities District
Chandler
Chandler Heights Citrus Irrigation District
Chandler USD
Circle City / Morristown Fire District
Circle G Octotillo IWDD #47
Citrus Gardens Irrigation WDD #33
College Park Country Estates Irrigation WDD #53
Cortina Community Facilities District
Cottonflower Community Facilities District
Cottonwoods Improvement District
Cuatro Palmas Irrigation WDD #26
DC Ranch Community Facilities District
Deer Valley USD
Eagle Mountain Community Facilities District
East Morningside Irrigation WDD #8
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
Fountain Hills USD #38
Fowler ESD
Gila Bend USD

Page 199

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Goldfield Ranch Fire District
Goodyear
Goodyear Community Facilities - General District
Goodyear Community Facilities - Utilities District
Groves at Superstition Ranch Irrigation WDD #40
Groves of Hermosa Vista Irrigation WDD #41
Harquahala Valley Irrigation District
Harquahala Valley Power District
Hoffman Terrace Irrigation WDD #3
Jackrabbit Trail Sewer Improvement District
King Ranch Community Facilities District
Lamar Irrigation Water Delivery District #30
Laveen Fire Dstrict
Leroy Vista Irrigation WDD #12
Litchfield ESD
Litchfield Park
Long Manor Irrigation WDD #52
Longhorn Ranch Irrigation WDD #51
Los Olivos Irrigation Water Delivery District #1
Madison Park Irrigation WDD #22
Maricopa County Flood Control District
Maricopa County Library District
Maricopa County Regional School District
Maricopa County Stadium District
Maricopa County Street Lighting Improvement Districts
Maricopa Water District #1
Marley Park Community Facilities District
McDowell Homes Irrigation WDD #7
McDowell Mountain Ranch CFD
McDowell Road Commercial Corridor Improvement
McMicken Irrigation District
Mesa USD #4
Miller Road Improvement District
Mobile ESD
Mobile Gardens Domestic WID
Morrison Ranch Irrigation WDD #49
Myrtle Park Irrigation WDD #10
New State Irrigation & Drainage District
Ocotillo Water Conservation District #68

Page 200

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Olivewood Estates Irrigation WDD #29
Palm Valley Community Facilities District
Peoria
Peoria Improvement District #0601
Peoria Improvement District #8801
Peoria Improvement District #8802
Peoria Improvement District #9002
Peoria Improvement District #9102
Peoria Improvement District #9202
Peoria Improvement District #9303
Peoria Improvement District #9601
Peoria Improvement District #9602
Peoria Improvement District #9603
Peoria Improvement District #9801
Peoria Municipal Development Authority
Peoria USD #11
Phoenix UHSD
Puerto Cuatro Irrigation WDD #46
Queen Creek Irrigation District
Queen Creek Irrigation Water Delivery District #32
Queen Creek USD
Rancho Solano Improvement District
Rancho-Grande & Landerwood Irrigation WDD #24
Ranchos Jardines Irrigation WDD #34
Rio Verde Fire District
Riverside Elementary District
Roosevelt Water Conservation District
Rose Lane Irrigation WDD #28
San Tan Irrigation District
Scottsdale
Scottsdale Mountain Community Facilities District
Scottsdale Waterfront Commercial CFD
Sentinel ESD
Spectrum Improvement District
Spectrum Irrigation WDD #48
St. Johns' Irrigation District
Summer Mesa Irrigation WDD #50
Sun Lakes Fire District
Sun View Estates I Irrigation WDD #55

Page 201

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Sun View Estates II Irrigatin WDD #54
Sunburst Farms Irrigation District
Sundance Community Facilities District
Surprise
Tanner Groves Irrigation WDD #37
Tartesso West CFD
Tatum Ranch Community Facilities District
Tempe ESD
Tempe Improvement Districts
Thoroughbred Farms Irrigation WDD #43
Tolleson
Tonopah Irrigation District
Tonto Hills Domestic Water Improvement District
Tres Palmas Irrigation WDD #6
Turney Tract Irrigation WDD #15
Union Elementary District
Valley Metro Regional Public Transportation
Verrado Community Facilities District
Verrado Western Overlay CFD
Via Linda Road Community Facilities District
Village at Litchfield Park CFD
Vistancia Community Facilities District
Watson Road Community Facilities District
West Park Community Facilities District
Western Meadows Irrigation District
Whitcombs Roundup Ranchos IWDD #42
Wickenburg Rural Fire District
Wildflower Ranch CFD #1
Wildflower Ranch CFD #2
Wilson ESD
Windsor Square Irrigation WDD #27
Woodlea Irrigation WDD #2
Woolsey Flood Protection District
Youngtown
Mohave
Bullhead City Pest Abatement District
Bullhead City Sewer Improvement District
Butler Road Improvement I & II
Cerbat Ranch Street Improvement District

Page 202

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Crystal Beach Water Conservation District
Fort Mojave Mesa Fire District
Golden Shores Water Conservation District
Golden Valley Fire District
Golden Valley Improvement District
Hackberry ESD
Havasu Heights Domestic WID
Holiday Lighting District
Horizon Six Improvement District
Hospital District #1 of Mohave County
Kingman USD
Lake Havasu City Improvement District
Lake Havasu City Sanitary District
Lake Havasu Irrigation & Drainage District
Littlefield USD #9
Moccasin Domestic WID
Mohave County Airport Authority
Mohave County Flood Control District
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
Northern Arizona Consolidated Fire District
Owens-Whitney ESD
Peach Springs USD
Rainbow Acres Street Improvement District
Rancho Verde Improvement District
Scenic Improvement District
Sterling Community Facilities District #1
Sterling Community Facilities District #2
Topock / Golden Shores Sanitary District
Yucca ESD
Yucca Fire District
Navajo
Beaver Dam Circle Improvement District
Blue Lake Circle Road Improvement
Buck Springs Road Improvement District

Page 203

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Bucking Horse Improvement District
Chaparral Drive Improvement District
Clay Springs / Pinedale Fire District
Clay Springs Domestic WID
Drifting Snow Loop Road Improvement
Fawnbrook Domestic WID
Heber Domestic WID
Heber-Overgaard Sanitary District
Heber-Overgaard USD 6
Hiawatha Trail Road Improvement District
Hilltop Drive Road Improvement District
Holbrook USD
Joseph City Sanitary District
Joseph City USD #2
Kayenta USD
Linden Fire District
Little Colorado Flood Control District
Madison Lane Circle Improvement
McLaws Road Fire District
Misty Mountain Domestic WID
Moon Creek Circle
Mountain View Improvement District
Mule Deer Way Road Improvement
Navajo County Flood Control District
Navajo County Library District
Navapache Hospital District
North Whistle Stop Loop Improvement
Palomino Drive Road Improvement
Pine Meadows Country Club Road Improvement
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
Show Low Improvement District #7
Shumway Road Improvement District

Page 204

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Silver Creek County Road Improvement
Silver Creek Flood Control District
Sky-Hi Domestic WID
Soaring Eagle CRID
Sun Valley Fire District
Sutter Drive Improvement District
Sweeping Vista Road Improvement
Timberlake Pines CRID
Timberland Acres Special Road District
Victory Heights Road Maintenance
White Mountain Lake Road District #2
White Mountain Summer Home
Whiteriver USD
Wild Cat Way Improvement District
Wild Horse Road #1
Winslow USD
Wonderland Acres Domestic WID
Woodruff Fire District
Woodruff Irrigation District
Other
Arizona Power Authority
Arizona Sports and Tourism Authority
Central Arizona Water Conservation District
Salt River Project
Pima
Ajo USD #15
Ajo-Lukeville Health Services District
Altar Valley ESD
Amphitheater Public Schools
Arivaca Fire District
Cmo Ojo De Agua 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

Page 205

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Indian Oasis-Baboquivari USD
Marana
Mount Lemmon Domestic WID
Pima Accommodation SD
Pima County Flood Control District
Pima County Library District
Pima County Mobile Home Relocation District
Pima County School Reserve Fund
Quail Creek Community Facilities District
Red Hawk Canyon CFD
Redington ESD
Regional Transportation Authority of Pima County
Rio Nuevo Multipurpose Facilities District
Sabino Vista Fire District
Saguaro Springs CFD
Sahuarita
Sahuarita USD
San Fernando ESD
Tangerine Farms Road Improvement District
Tanque Verde ESD
Tanque Verde Valley Fire District
Three Points Fire District
Tucson Airport Authority
Tucson Country Club Estates Fire District
Vanderbilt Farms CFD
Why Fire District
Pinal
Anthem at Merrill Ranch SLID #1
Anthem at Merrill Ranch SLID #2
Anthem at Merrill Ranch SLID #3
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

Page 206

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Casa Grande ESD
Central Arizona Irrigation & Drainage District
Cimmarron Lighting District
Copper Mountain Ranch CFD
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
Eloy Fire District
Enchanted Acres #1 Lighting District
Enchanted Acres #2 Lighting District
Florence Flood Control District
Green Reservoir Flood Control 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 Fire District
Mammoth-San Manuel USD
Maricopa Domestic WID
Maricopa Flood Control District
Maricopa Mountain Domestic WID
Maricopa Road Improvement District
Maricopa Rural Road Improvement District
Maricopa-Stanfield Irrigation & Drainage
Martin Valley Community Facilities District
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

Page 207

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

New Saddleback Vista Domestic WID
Oracle Sanitary District
Papago Butte Domestic WID
Papago Butte Irrigation WDD #4
Pinal County Flood Control District
Pinal County Health District
Pinal County Library District
Queen Creek Domestic WID
Queen Valley Domestic WID
Queen Valley Fire District
Queen Valley Sanitary District
Ray Unified School 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
Sandia Community Facilities District
Seven Ranches Domestic WID
Silverbell Irrigation & Drainage District
Stanfield ESD
Stanfield Fire District
Stanfield Flood Control District
Sunrise Canyon Lighting District
Superstition Lighting District
Superstition Meadows Lighting District
Superstition Mountains CFD
Superstition View Lighting District
Thunderbird Farms Improvement District
Thunderbird Fire District
Thunderbird Irrigation WDD #1
Thunderbird Irrigation WDD #2
Toltec ESD
Valle Escondido Domestic WID
Villa Grande Improvement District
Villago Community Facilities District
Santa Cruz
Nogales USD

Page 208

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Patagonia
Patagonia ESD
Patagonia UHSD
Santa Cruz County Flood Control District
Santa Cruz ESD
Sonoita ESD
Three Canyons Domestic WID
State
Arizona Automobile Theft Authority
Arizona Board for Charter Schools
Arizona Board of Appraisal
Arizona Board of Fingerprinting
Arizona Board of Homeopathic & Integrated Medicine Examiners
Arizona Board of Naturopathic Physicians Examiners
Arizona Board of Podiatry Examiners
Arizona Board of Regents
Arizona Board of Tax Appeals
Arizona Commerce Authority
Arizona Commission for Postsecondary Education
Arizona Commission for the Deaf and Hard of Hearing
Arizona Commission on Judicial Conduct
Arizona Commission on the Arts
Arizona Commission on Uniform State Laws
Arizona Corporation Commission
Arizona Cosmetology Board
Arizona Cotton Research and Protection Council
Arizona Criminal Justice Commission
Arizona Department of Agriculture
Arizona Department of Economic Security
Arizona Department of Education
Arizona Department of Emergency & Military Affairs
Arizona Department of Environmental Quality
Arizona Department of Financial Institutions
Arizona Department of Fire, Building and Life Safety
Arizona Department of Gaming
Arizona Department of Health Services
Arizona Department of Homeland Security
Arizona Department of Housing
Arizona Department of Juvenile Corrections

Page 209

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Arizona Department of Liquor Licenses and Control
Arizona Department of Racing
Arizona Department of Real Estate
Arizona Department of Veteran's Services
Arizona Department of Water Resources
Arizona Department of Weights and Measures
Arizona Geological Survey
Arizona Historical Society
Arizona Housing Finance Authority
Arizona Medical Board
Arizona Office of Tourism
Arizona Peace Officer Standards and Training Board
Arizona Radiation Regulatory Agency
Arizona State Board of Accountancy
Arizona State Board of Acupuncture
Arizona State Board of Athletic Training
Arizona State Board of Barbers
Arizona State Board of Behavioral Health Examiners
Arizona State Board of Chiropractic Examiners
Arizona State Board of Dispensing Opticians
Arizona State Board of Equalization
Arizona State Board of Geographic and Historic Names
Arizona State Board of Massage Therapy
Arizona State Board of Nursing
Arizona State Board of Optometry
Arizona State Board of Osteopathic Examiners
Arizona State Board of Pharmacy
Arizona State Board of Physical Therapy
Arizona State Board of Psychologist Examiners
Arizona State Board of Respiratory Care Examiners
Arizona State Board of Technical Registration
Arizona State Forester
Arizona State Land Department
Arizona State Library, Archives and Public Records
Arizona State Lottery Commission
Arizona State Parks
Arizona State Personnel Board
Arizona State Retirement System
Arizona State Schools for the Deaf and the Blind

Page 210

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Arizona State Senate
Arizona State Veterinary Medical Examining Board
Arizona Supreme Court
Citizen's Clean Elections Commission
Cooperative Extension Service
Court of Appeals Div II
Early Childhood Development & Health Board
Exposition and State Fair
Government Information Technology Agency
Governor's Office
Governor's Office - Arizona-Mexico Commission
Governor's Office - Boards and Commissions
Governor's Office - Children, Youth and Families
Governor's Office Commission on Indian Affairs
Governor's Office of Arizona Parent's Commission
Governor's Office of Equal Opportunity
Governor's Office of Highway Safety
Governor's Office of Strategic Planning & Budgeting
Greater Arizona Development Authority
Health Facilities Authority
House of Representatives
Joint Legislative Budget Committee
Law Enforcement Merit System Council
Navigable Stream Adjudication Commission
Office of Administrative Hearing
Office of Ombudsman - Citizen's Aide
Office of Pest Management
Office of the Arizona State Treasurer
Office of the Attorney General
Office of the Auditor General
Pioneer's Home
Private Postsecondary Education Board
Public Safety Personnel Retirement System
Registrar of Contractors
Residential Utility Consumer Office
School Facilities Board
Secretary of State
State Board of Funeral Directors and Embalmers
State Dental Board

Page 211

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

State Mine Inspector Office
Water Infrastructure Finance Authority
Yavapai
American Ranch Domestic WID
Ash Fork Sanitary District
Ash Fork Street Lighting District
Bagdad USD #20
Big Park Domestic Wastewater Improvement District
Black Canyon City WID
Black Canyon Fire District
Bryce Canyon Drive Domestic WWID
Calvary Chapel Domestic WWID
Camp Verde Sanitary District
Central Yavapai Fire District
Central Yavapai Hospital District
Chino Valley Fire District
Chino Valley Irrigation District
Clarkdale Fire District
Clarkdale-Jerome School
Congress Domestic WID
Congress ESD
Congress Fire District
Coyote Springs Road Improvement District
Creekside Sanitary District
Crown King ESD
Crown King Fire District
Dewey-Humboldt
Diamond Valley Water District
Eastridge Community Facilities District
Granite Gardens Sanitary District
Hassayampa CFD
Hassayampa CFD #2
High Valley Ranch Domestic Wastewater Improvement
Highland Pines Domestic WID
Hillside ESD
Holiday Hills Domestic WID
Humboldt USD
I.C.R. Sanitary District
Iron Springs Sanitary District

Page 212

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Jackson Acres Domestic WID
Jerome
Kings Ranch Unit 2 Domestic WWID
Mayer Domestic Water Improvement District
Parkway Community Facilities District
Ponderosa Park Domestic WID
Poquito Valley Road Improvement
Prescott East Sanitary District
Prescott Valley
Pronghorn Ranch Community Facilities District
Quail Ridge Domestic WID
Quailwood Meadows Community Facilities District
Raven Ridge Community Facilities District
Red Rock Road Enhancement Maintenance
Retreat at Oak Creek Domestic WID
Seligman Fire District
Seligman Sanitary District
Seligman Street Lighting District
Skull Valley ESD
Southside Community Facilities District
Stoneridge Community Facilities District
TiPeJi Domestic WID
Verde Valley Fire District
Walnut Grove ESD
Water Improvement District P164
Williamson Valley ESD
Yarnell ESD
Yarnell Fire District
Yarnell Street Lighting District
Yavapai County Flood Control District
Yavapai County Jail District
Yavapai County Library District
Yavapai Ranch Domestic WID
Yuma
Antelope UHS Dist. #50
Del Sur Estate Improvement District
Donovan Estates Improvement District
Downtown Maill Maintenance District
East San Luis Community Facilities District

Page 213

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

El Prado Estates Improvement District
Gadsden ESD
Gadsden Townsite Improvement District
Gila Valley Anti-Noxious Weed District
Hillander "C" Irrigation District
Hyder School District
Hyder Valley Irrigation Water Delivery District
Improvement District #67
North Gila Valley Irrigation District
Unit B Irrigation District
Wellton-Mohawk Anti-Noxious Weed District
Wellton-Mohawk Irrigation & Drainage District
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
Yuma, City of

Page 214

SECTION FOUR

NON REPORTING POLITICAL SUBDIVISIONS

Page 215

Page 216

TABLE 46
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

1RQH

Page 217

Total Previous
Outstanding

TABLE 47
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

Special District
Wenden Domestic WID

Page 218

Yes