FY 2013/14 REPORT OF
BONDED INDEBTEDNESS

Janice K. Brewer
Governor
David Raber
Director
Arizona Department of Revenue
December 2014

EXECUTIVE SUMMARY
Outstanding bonded indebtedness and lease purchases as of June 30, 2014 in Arizona, as
reported by cities and towns, counties, community colleges, school districts, state agencies,
universities, special districts and other political subdivisions was $42.92 billion (outstanding bonds
of $41.78 billion and outstanding leases of $1.14 billion), a 0.5% increase from the prior fiscal year.
In FY 2012/13, the total bonded indebtedness and lease purchases reported for the political
subdivisions referenced above was $42.72 billion (outstanding bonds of $41.69 billion and
outstanding leases of $1.03 billion). This figure represents principal only; no interest is included.
Throughout FY 2013/14, $3.14 billion in new debt was reported by Arizona political subdivisions.
Of this amount, $1.67 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
0.0%

COC
0.9%

MOH
0.8%

STATE
AGENCIES/
OTHER
18.8%

NAV
0.5%

YAV
0.9%
LAP
0.1%

GLA
0.2%
MAR
62.7%

GRN
0.0%
PNL
1.1%

YMA
2.4%
PMA
10.8%

GRA
0.1%

COH
0.3%

STC
0.4%

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 $29.15 billion. The total amount outstanding was $10.13 billion.

The change in the level of bonded indebtedness between years can be due to better reporting on behalf
of the 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.
As of June 30, 2014, political subdivisions reported outstanding bonded indebtedness of $41.78 billion,
a 0.2% increase from the $41.69 billion reported for FY 2013. In FY 2013/14, 386 political subdivisions
reported bonded indebtedness out of the 1,135 that submitted reports. In FY 2012/13, 409 political
subdivisions reported bonded indebtedness out of the 1,128 that submitted reports. Even with this
information, it is important to examine the detail contained in this report to understand the changes in
levels of bonded indebtedness from year to year. Detail of the outstanding bonded indebtedness
reported by political subdivisions can be found in Section One.
BONDED INDEBTEDNESS BY POLITICAL SUBDIVISIONS
FOR FISCAL YEAR 2014 AND FISCAL YEAR 2013
Billions

$18.00
FY 2013

$16.00

FY 2014

$14.00
$12.00
$10.00
$8.00
$6.00
$4.00
$2.00
$0.00

Cities /
Towns

Community
Colleges

Counties

Other
Jurisdictions

School
Districts

Special
Districts

State
Agencies /
Universities

Bonded indebtedness consists of general obligation bonds, revenue bonds, municipal property
corporation bonds, certificates of participation, impact aid revenue bonds, and special assessment or
special district bonds. Lease purchase or third party financing contracts represent debt of the political
subdivision if issued with a term in excess of one year.

Executive Summary - Page 2

TYPE OF DEBT REPORTED BY POLITICAL SUBDIVISIONS
FOR FISCAL YEAR 2014 AND FISCAL YEAR 2013
Billions

$25.00
FY 2013
FY 2014

$20.00

$15.00

$10.00

$5.00

$0.00

General
Obligation

Revenue

Municipal
Prop Corp

Special
Certificate
Assessment
of
Participation

Impact Aid

Leases

Outstanding lease purchases and third party financing contracts totaled $1.14 billion for all
reporting subdivisions in FY 2013/14. There were 304 political subdivisions and agencies reporting
these types of contracts. There were 830 political subdivisions and agencies that reported no lease
purchase or third party contracts in FY 2013/14. (In FY 2012/13, $1.03 billion in outstanding lease
purchase and third party contracts was reported by 305 political subdivisions and agencies. There
were 826 reporting no lease purchase or third party contracts in FY 2012/13.) 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. Detail of lease purchases and third party financing contracts can be
found in Section Three.

Executive Summary - Page 3

Millions

LEASE PURCHASE AND THIRD PARTY FINANCING CONTRACT DEBT BY
POLITICAL SUBDIVISIONS IN FISCAL YEAR 2014 AND 2013

$700.00
FY 2013

$600.00

FY 2014

$500.00
$400.00
$300.00
$200.00
$100.00
$0.00
Cities /
Towns

Community
Colleges

Counties

Other
Jurisdictions

School
Districts

Special
Districts

State
Agencies /
Universities

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. State agencies, universities and other
jurisdictions are listed as Statewide Districts and the per capita debt calculation is based on the
total State population. 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. The total per capita debt for all jurisdictions
with outstanding debt is $6,522 for June 30, 2014 compared to $6,573 for June 30, 2013. The
population measure used to calculate per capita debt is from the Department of Administration’s
July 1, 2013 Population Estimates.
BY COUNTY OR
STATE
Maricopa
Pima
Yuma
Yavapai
Mohave
Santa Cruz
Pinal
La Paz
Coconino
Gila
Navajo
Cochise
Graham
Apache
Greenlee
Statewide Districts
Total

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2014
$17,870,493,737
$3,642,264,813
$556,731,377
$551,389,386
$521,975,209
$118,949,113
$872,913,456
$39,451,230
$232,828,882
$73,586,979
$127,688,277
$127,483,489
$31,961,190
$44,721,611
$4,049,486
$18,108,157,349
$42,924,591,584

PER CAPITA
DEBT

OUTSTANDING PRINCIPAL
AS OF JUNE 30, 2013

PER CAPITA
DEBT

$4,530
$3,657
$2,660
$2,585
$2,564
$2,417
$2,217
$1,881
$1,716
$1,371
$1,175
$974
$844
$620
$371
$2,752
$6,522

$18,035,679,730
$3,681,827,755
$586,630,892
$559,911,838
$557,179,471
$120,622,378
$905,922,887
$39,673,474
$248,968,440
$72,781,971
$133,160,275
$130,213,268
$30,846,838
$48,340,602
$3,912,545
$17,561,741,610
$42,717,413,974

$4,643
$3,718
$2,859
$2,646
$2,744
$2,476
$2,328
$1,898
$1,854
$1,357
$1,234
$996
$827
$669
$455
$2,702
$6,573

Executive Summary - Page 4

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. The table reflects the original principal of all outstanding
bonds within the political subdivision, the total principal retired and refunded, the current
outstanding indebtedness at the end of the fiscal year and the per capita debt. There is no interest
included in any of these figures. However, the table includes the total interest paid during the fiscal
year and the interest paid to date pursuant to A.R.S. §§ 41-4601 and 41-4604. The numbers in
these schedules are provided by the political subdivisions pursuant to A.R.S. § 35-501 and 502.

Executive Summary - Page 5

Executive Summary - Page 6

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

Apache - Bonded Indebtedness
Cities / Towns
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$12,512,263
$3,980,000
$49,400,000
$7,917,085
$73,809,348

$3,170,131
$400,000
$23,100,000
$3,643,382
$30,313,513

$2,274,333
$0
$0
$0
$2,274,333

$7,067,799
$3,580,000
$26,300,000
$4,273,703
$41,221,502

$678
$50
$364
$59
$571

$231,408
$166,714
$1,806,952
$218,411
$2,423,485

$1,283,639
$1,180,716
$9,836,784
$2,394,296
$14,695,435

$1,125,326
$1,284,049
$171,875
$3,317,893
$5,899,143

$629,909
$471,595
$165,680
$1,131,850
$2,399,034

$0
$0
$0
$0
$0

$495,417
$812,454
$6,195
$2,186,043
$3,500,109

$48
$11
$0
$30
$48

$24,144
$24,231
$2,587
$53,401
$104,363

$215,521
$52,757
$13,570
$345,611
$627,459

$13,637,589
$5,264,049
$49,571,875
$11,234,978
$79,708,491

$3,800,040
$871,595
$23,265,680
$4,775,232
$32,712,547

$2,274,333
$0
$0
$0
$2,274,333

$7,563,216
$4,392,454
$26,306,195
$6,459,746
$44,721,611

$726
$61
$364
$89
$620

$255,552
$190,945
$1,809,539
$271,812
$2,527,848

$1,499,160
$1,233,473
$9,850,354
$2,739,907
$15,322,894

$82,331,885
$10,595,000
$9,500,000
$31,620,000
$0
$134,046,885

$26,632,413
$620,000
$6,335,000
$7,065,000
$0
$40,652,413

$0
$0
$0
$0
$0
$0

$55,699,472
$9,975,000
$3,165,000
$24,555,000
$0
$93,394,472

$699
$76
$24
$188
$0
$713

$1,919,107
$505,475
$152,575
$960,563
$0
$3,537,720

$14,620,470
$3,091,563
$3,073,139
$4,700,618
$0
$25,485,790

$26,493,437
$15,000,000
$1,133,630
$4,991,041
$1,632,906
$49,251,014

$7,172,187
$4,900,000
$922,826
$1,641,846
$525,138
$15,161,997

$0
$0
$0
$0
$0
$0

$19,321,250
$10,100,000
$210,804
$3,349,195
$1,107,768
$34,089,017

$243
$77
$2
$26
$8
$260

$680,973
$503,719
$13,201
$201,532
$26,047
$1,425,472

$2,887,002
$3,533,263
$239,971
$652,245
$187,122
$7,499,603

$108,825,322
$25,595,000
$10,633,630
$36,611,041
$1,632,906
$183,297,899

$33,804,600
$5,520,000
$7,257,826
$8,706,846
$525,138
$55,814,410

$0
$0
$0
$0
$0
$0

$75,020,722
$20,075,000
$3,375,804
$27,904,195
$1,107,768
$127,483,489

$942
$153
$26
$213
$8
$974

$2,600,080
$1,009,194
$165,776
$1,162,095
$26,047
$4,963,192

$17,507,472
$6,624,826
$3,313,110
$5,352,863
$187,122
$32,985,393

Apache - Lease Purchases
Cities / Towns
County
School Districts
Special Districts
Subtotal Lease Purchases
Apache - All Debt
Cities / Towns
County
School Districts
Special Districts
Total Apache County

Cochise - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness
Cochise - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Cochise - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Cochise County

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

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

Executive Summary - Page 7

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

Coconino - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$217,041,756
$17,135,000
$0
$76,445,000
$34,542,667
$345,164,423

$55,237,078
$7,670,000
$0
$31,990,000
$22,809,815
$117,706,893

$11,905,451
$0
$0
$0
$0
$11,905,451

$149,899,227
$9,465,000
$0
$44,455,000
$11,732,852
$215,552,079

$1,879
$70
$0
$328
$86
$1,589

$4,738,158
$438,863
$0
$1,816,716
$324,245
$7,317,982

$34,322,251
$2,695,141
$0
$12,603,180
$9,325,463
$58,946,035

$15,032,566
$0
$0
$1,808,260
$11,917,560
$28,758,386

$7,517,570
$0
$0
$926,719
$3,037,294
$11,481,583

$0
$0
$0
$0
$0
$0

$7,514,996
$0
$0
$881,541
$8,880,266
$17,276,803

$94
$0
$0
$6
$65
$127

$334,837
$0
$0
$56,396
$296,049
$687,282

$3,204,484
$0
$0
$150,629
$1,324,859
$4,679,972

$232,074,322
$17,135,000
$0
$78,253,260
$46,460,227
$373,922,809

$62,754,648
$7,670,000
$0
$32,916,719
$25,847,109
$129,188,476

$11,905,451
$0
$0
$0
$0
$11,905,451

$157,414,223
$9,465,000
$0
$45,336,541
$20,613,118
$232,828,882

$1,973
$70
$0
$334
$152
$1,716

$5,072,995
$438,863
$0
$1,873,112
$620,294
$8,005,264

$37,526,735
$2,695,141
$0
$12,753,809
$10,650,322
$63,626,007

Gila - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$33,285,230
$0
$8,000,000
$33,845,000
$835,000
$75,965,230

$9,655,053
$0
$1,425,000
$1,630,000
$224,000
$12,934,053

$0
$0
$0
$0
$0
$0

$23,630,177
$0
$6,575,000
$32,215,000
$611,000
$63,031,177

$844
$0
$123
$600
$11
$1,174

$472,625
$0
$300,700
$1,011,676
$20,906
$1,805,907

$3,119,728
$0
$1,488,613
$11,506,356
$68,880
$16,183,577

Gila - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases

$611,845
$117,700
$243,483
$1,853,816
$12,167,880
$14,994,724

$317,218
$112,392
$209,513
$810,426
$2,989,373
$4,438,922

$0
$0
$0
$0
$0
$0

$294,627
$5,308
$33,970
$1,043,390
$9,178,507
$10,555,802

$11
$0
$1
$19
$171
$197

$8,662
$734
$5,629
$36,866
$416,181
$468,072

$25,831
$19,982
$14,170
$61,043
$1,514,359
$1,635,385

Gila - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Gila County

$33,897,075
$117,700
$8,243,483
$35,698,816
$13,002,880
$90,959,954

$9,972,271
$112,392
$1,634,513
$2,440,426
$3,213,373
$17,372,975

$0
$0
$0
$0
$0
$0

$23,924,804
$5,308
$6,608,970
$33,258,390
$9,789,507
$73,586,979

$855
$0
$123
$620
$182
$1,371

$481,287
$734
$306,329
$1,048,542
$437,087
$2,273,979

$3,145,559
$19,982
$1,502,783
$11,567,399
$1,583,239
$17,818,962

Coconino - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Coconino - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Coconino County

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

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

Executive Summary - Page 8

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

Graham - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$25,820,000
$0
$0
$13,670,000
$0
$39,490,000

$7,261,646
$0
$0
$4,270,000
$0
$11,531,646

$0
$0
$0
$0
$0
$0

$18,558,354
$0
$0
$9,400,000
$0
$27,958,354

$1,073
$0
$0
$248
$0
$738

$797,375
$0
$0
$202,944
$0
$1,000,319

$5,671,604
$0
$0
$1,709,344
$0
$7,380,948

$4,251,763
$0
$1,524,295
$1,492,906
$21,000
$7,289,964

$2,648,854
$0
$428,526
$194,148
$15,600
$3,287,128

$0
$0
$0
$0
$0
$0

$1,602,909
$0
$1,095,769
$1,298,758
$5,400
$4,002,836

$93
$0
$29
$34
$0
$106

$99,188
$0
$14,837
$51,029
$125
$165,179

$1,288,070
$0
$27,693
$119,313
$669
$1,435,745

$30,071,763
$0
$1,524,295
$15,162,906
$21,000
$46,779,964

$9,910,500
$0
$428,526
$4,464,148
$15,600
$14,818,774

$0
$0
$0
$0
$0
$0

$20,161,263
$0
$1,095,769
$10,698,758
$5,400
$31,961,190

$1,166
$0
$29
$282
$0
$844

$896,563
$0
$14,837
$253,973
$125
$1,165,498

$6,959,674
$0
$27,693
$1,828,657
$669
$8,816,693

Greenlee - Bonded Indebtedness
Cities / Towns
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$800,000
$0
$3,425,000
$0
$4,225,000

$229,838
$0
$2,395,000
$0
$2,624,838

$0
$0
$0
$0
$0

$570,162
$0
$1,030,000
$0
$1,600,162

$109
$0
$94
$0
$147

$30,430
$0
$57,250
$0
$87,680

$372,994
$0
$2,049,349
$0
$2,422,343

Greenlee - Lease Purchases
Cities / Towns
County
School Districts
Special Districts
Subtotal Lease Purchases

$0
$4,312,012
$206,450
$0
$4,518,462

$0
$2,025,553
$43,585
$0
$2,069,138

$0
$0
$0
$0
$0

$0
$2,286,459
$162,865
$0
$2,449,324

$0
$210
$15
$0
$224

$0
$91,343
$0
$0
$91,343

$0
$250,300
$0
$0
$250,300

Greenlee - All Debt
Cities / Towns
County
School Districts
Special Districts
Total Greenlee County

$800,000
$4,312,012
$3,631,450
$0
$8,743,462

$229,838
$2,025,553
$2,438,585
$0
$4,693,976

$0
$0
$0
$0
$0

$570,162
$2,286,459
$1,192,865
$0
$4,049,486

$109
$210
$109
$0
$371

$30,430
$91,343
$57,250
$0
$179,023

$372,994
$250,300
$2,049,349
$0
$2,672,643

Graham - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Graham - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Graham County

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

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

Executive Summary - Page 9

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

La Paz - Bonded Indebtedness
Cities / Towns
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$15,123,112
$19,430,000
$4,285,000
$6,323,545
$45,161,657

$2,914,871
$670,000
$3,600,000
$2,716,144
$9,901,015

$0
$0
$0
$0
$0

$12,208,241
$18,760,000
$685,000
$3,607,401
$35,260,642

$1,761
$894
$33
$172
$1,681

$397,811
$1,453,457
$38,644
$162,284
$2,052,196

$3,748,129
$2,458,302
$979,914
$1,545,681
$8,732,026

$299,298
$200,588
$204,978
$5,757,002
$6,461,866

$212,236
$106,889
$49,220
$1,902,933
$2,271,278

$0
$0
$0
$0
$0

$87,062
$93,699
$155,758
$3,854,069
$4,190,588

$13
$4
$7
$184
$200

$3,717
$3,231
$4,300
$170,859
$182,107

$10,427
$6,296
$9,575
$1,134,864
$1,161,162

$15,422,410
$19,630,588
$4,489,978
$12,080,547
$51,623,523

$3,127,107
$776,889
$3,649,220
$4,619,077
$12,172,293

$0
$0
$0
$0
$0

$12,295,303
$18,853,699
$840,758
$7,461,470
$39,451,230

$1,774
$899
$40
$356
$1,881

$401,528
$1,456,688
$42,944
$333,143
$2,234,303

$3,758,556
$2,464,598
$989,489
$2,680,545
$9,893,188

$17,716,411,822
$1,059,430,000
$140,940,000
$5,419,250,000
$910,965,988
$25,246,997,810

$2,799,769,523
$336,105,000
$43,805,000
$1,537,938,588
$176,461,195
$4,894,079,306

$1,971,620,767
$69,135,000
$0
$622,585,000
$46,750,000
$2,710,090,767

$12,945,021,532
$654,190,000
$97,135,000
$3,258,726,412
$687,754,793
$17,642,827,737

$3,540
$166
$25
$826
$174
$4,472

$628,179,806
$26,417,071
$4,875,180
$164,987,072
$30,094,439
$854,553,568

$4,493,479,710
$171,150,932
$40,977,199
$995,749,256
$237,011,958
$5,938,369,055

$64,938,179
$208,780
$0
$216,348,595
$48,336,114
$329,831,668

$19,267,717
$183,780
$0
$59,282,356
$23,485,815
$102,219,668

$0
$0
$0
$0
$0
$0

$45,670,462
$25,000
$0
$157,066,239
$24,850,299
$227,612,000

$12
$0
$0
$40
$6
$58

$2,080,746
$2,082
$0
$3,817,140
$936,329
$6,836,296

$8,947,578
$50,778
$0
$10,735,680
$5,852,888
$25,586,924

$17,781,350,001
$1,059,638,780
$140,940,000
$5,635,598,595
$959,302,102
$25,576,829,478

$2,819,037,240
$336,288,780
$43,805,000
$1,597,220,944
$199,947,010
$4,996,298,974

$1,971,620,767
$69,135,000
$0
$622,585,000
$46,750,000
$2,710,090,767

$12,990,691,994
$654,215,000
$97,135,000
$3,415,792,651
$712,605,092
$17,870,439,737

$3,552
$166
$25
$866
$181
$4,530

$630,260,552
$26,419,153
$4,875,180
$168,804,212
$31,030,768
$861,389,865

$4,502,427,288
$171,201,710
$40,977,199
$1,006,484,936
$242,864,846
$5,963,955,979

La Paz - Lease Purchases
Cities / Towns
County
School Districts
Special Districts
Subtotal Lease Purchases
La Paz - All Debt
Cities / Towns
County
School Districts
Special Districts
Total La Paz County

Maricopa - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness
Maricopa - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Maricopa - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Maricopa County

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

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

Executive Summary - Page 10

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

Mohave - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$501,313,805
$4,815,000
$19,320,000
$136,255,000
$133,946,124
$795,649,929

$126,753,057
$795,000
$19,320,000
$63,630,000
$78,446,693
$288,944,750

$0
$0
$0
$0
$650,523
$650,523

$374,560,748
$4,020,000
$0
$72,625,000
$54,848,908
$506,054,656

$2,980
$20
$0
$357
$269
$2,486

$13,600,073
$169,713
$458,125
$3,960,009
$2,167,862
$20,355,782

$107,137,038
$1,364,810
$6,068,338
$41,957,564
$23,767,823
$180,295,573

$13,627,848
$1,318,779
$0
$9,017,501
$3,323,526
$27,287,654

$4,816,438
$254,308
$0
$4,318,953
$1,977,402
$11,367,101

$0
$0
$0
$0
$0
$0

$8,811,410
$1,064,471
$0
$4,698,548
$1,346,124
$15,920,553

$70
$5
$0
$23
$7
$78

$342,162
$59,433
$0
$146,364
$41,650
$589,609

$1,213,236
$243,082
$0
$1,192,290
$286,908
$2,935,516

Mohave - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Mohave County

$514,941,653
$6,133,779
$19,320,000
$145,272,501
$137,269,650
$822,937,583

$131,569,495
$1,049,308
$19,320,000
$67,948,953
$80,424,095
$300,311,851

$0
$0
$0
$0
$650,523
$650,523

$383,372,158
$5,084,471
$0
$77,323,548
$56,195,032
$521,975,209

$3,050
$25
$0
$380
$276
$2,564

$13,942,235
$229,146
$458,125
$4,106,373
$2,209,512
$20,945,391

$108,350,274
$1,607,892
$6,068,338
$43,149,854
$24,054,731
$183,231,089

Navajo - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$45,732,863
$0
$25,725,000
$93,633,000
$25,991,167
$191,082,030

$13,971,041
$0
$8,575,000
$39,508,000
$14,255,908
$76,309,949

$2,555,000
$0
$0
$655,000
$93,958
$3,303,958

$29,206,822
$0
$17,150,000
$53,470,000
$11,641,301
$111,468,123

$737
$0
$158
$492
$107
$1,026

$1,066,686
$0
$567,192
$2,791,064
$774,852
$5,199,794

$10,232,302
$0
$1,689,657
$30,389,608
$12,794,828
$55,106,395

$7,369,078
$96,587
$1,015,085
$14,168,067
$5,405,765
$28,054,582

$4,377,492
$38,842
$435,489
$4,245,392
$2,737,213
$11,834,428

$0
$0
$0
$0
$0
$0

$2,991,586
$57,745
$579,596
$9,922,675
$2,668,552
$16,220,154

$76
$1
$5
$91
$25
$149

$102,218
$5,659
$22,718
$338,622
$132,593
$601,810

$1,450,506
$5,659
$33,926
$3,437,851
$1,093,896
$6,021,838

$53,101,941
$96,587
$26,740,085
$107,801,067
$31,396,932
$219,136,612

$18,348,533
$38,842
$9,010,489
$43,753,392
$16,993,121
$88,144,377

$2,555,000
$0
$0
$655,000
$93,958
$3,303,958

$32,198,408
$57,745
$17,729,596
$63,392,675
$14,309,853
$127,688,277

$813
$1
$163
$583
$132
$1,175

$1,168,904
$5,659
$589,910
$3,129,686
$907,445
$5,801,604

$11,682,808
$5,659
$1,723,583
$33,827,459
$13,888,724
$61,128,233

Mohave - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases

Navajo - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Navajo - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Navajo County

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

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

Executive Summary - Page 11

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction
Pima - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

Original
Principal

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

$1,942,336,376
$30,000,000
$1,910,269,714
$767,140,000
$561,698,187
$5,211,444,277

$292,572,847
$24,900,000
$520,904,695
$220,570,000
$126,914,647
$1,185,862,189

$366,650,000
$5,100,000
$64,440,000
$1,365,000
$18,375,000
$455,930,000

$1,283,113,529
$0
$1,324,925,019
$545,205,000
$416,408,540
$3,569,652,088

$2,012
$0
$1,330
$547
$418
$3,584

$54,118,731
$67,750
$56,194,387
$27,081,193
$18,825,853
$156,287,914

$493,724,569
$14,837,267
$286,187,602
$137,666,272
$117,268,166
$1,049,683,876

$11,328,325
$0
$1,896,700
$71,378,006
$30,028,943
$114,631,974

$4,059,870
$0
$1,257,300
$29,920,112
$6,781,967
$42,019,249

$0
$0
$0
$0
$0
$0

$7,268,455
$0
$639,400
$41,457,894
$23,246,976
$72,612,725

$11
$0
$1
$42
$23
$73

$100,243
$0
$18,816
$1,370,385
$715,997
$2,205,441

$439,268
$0
$20,439
$4,166,227
$2,544,435
$7,170,369

Pima - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Pima County

$1,953,664,701
$30,000,000
$1,912,166,414
$838,518,006
$591,727,130
$5,326,076,251

$296,632,717
$24,900,000
$522,161,995
$250,490,112
$133,696,614
$1,227,881,438

$366,650,000
$5,100,000
$64,440,000
$1,365,000
$18,375,000
$455,930,000

$1,290,381,984
$0
$1,325,564,419
$586,662,894
$439,655,516
$3,642,264,813

$2,023
$0
$1,331
$589
$441
$3,657

$54,218,974
$67,750
$56,213,203
$28,451,578
$19,541,850
$158,493,355

$494,163,837
$14,837,267
$286,208,041
$141,832,499
$119,812,601
$1,056,854,245

Pinal - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$228,539,120
$109,475,000
$182,505,000
$350,431,712
$280,775,250
$1,151,726,082

$50,947,586
$17,015,000
$48,925,000
$103,499,210
$47,695,259
$268,082,055

$9,660,000
$0
$0
$36,770,000
$331,429
$46,761,429

$167,931,534
$92,460,000
$133,580,000
$210,162,502
$232,748,562
$836,882,598

$857
$235
$339
$534
$591
$2,125

$7,597,743
$4,069,756
$6,495,526
$10,207,511
$10,918,738
$39,289,275

$41,425,837
$17,650,845
$57,196,513
$83,470,514
$56,672,699
$256,416,407

$24,786,012
$18,805,511
$8,180,655
$11,829,106
$10,725,233
$74,326,517

$8,151,666
$11,146,960
$7,614,212
$6,152,876
$5,229,945
$38,295,659

$0
$0
$0
$0
$0
$0

$16,634,346
$7,658,551
$566,443
$5,676,230
$5,495,288
$36,030,858

$85
$19
$1
$14
$14
$91

$419,600
$366,474
$86,748
$286,373
$250,602
$1,409,797

$2,636,549
$4,680,508
$954,692
$1,066,793
$3,271,931
$12,610,473

$253,325,132
$128,280,511
$190,685,655
$362,260,818
$291,500,483
$1,226,052,599

$59,099,252
$28,161,960
$56,539,212
$109,652,086
$52,925,204
$306,377,714

$9,660,000
$0
$0
$36,770,000
$331,429
$46,761,429

$184,565,880
$100,118,551
$134,146,443
$215,838,732
$238,243,850
$872,913,456

$942
$254
$341
$548
$605
$2,217

$8,017,343
$4,436,230
$6,582,274
$10,493,884
$11,169,340
$40,699,072

$44,062,386
$22,331,353
$58,151,205
$84,537,307
$59,944,630
$269,026,880

Pima - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases

Pinal - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Pinal - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Pinal County

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

Executive Summary - Page 12

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

Santa Cruz - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$56,008,235
$0
$15,265,000
$10,000,000
$56,915,000
$138,188,235

$9,162,968
$0
$1,680,000
$4,360,000
$9,725,000
$24,927,968

$12,190,000
$0
$0
$0
$0
$12,190,000

$34,655,267
$0
$13,585,000
$5,640,000
$47,190,000
$101,070,267

$1,538
$0
$276
$115
$959
$2,054

$1,622,402
$0
$692,506
$252,312
$2,383,739
$4,950,959

$14,760,640
$0
$4,301,829
$2,336,971
$14,400,253
$35,799,693

$7,734,501
$0
$10,616,084
$4,960,141
$2,381,241
$25,691,967

$3,906,508
$0
$1,264,521
$1,148,345
$1,493,747
$7,813,121

$0
$0
$0
$0
$0
$0

$3,827,993
$0
$9,351,563
$3,811,796
$887,494
$17,878,846

$170
$0
$190
$77
$18
$363

$94,349
$0
$378,083
$89,411
$41,731
$603,574

$960,366
$0
$1,135,716
$132,562
$532,185
$2,760,829

Santa Cruz - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Santa Cruz County

$63,742,736
$0
$25,881,084
$14,960,141
$59,296,241
$163,880,202

$13,069,476
$0
$2,944,521
$5,508,345
$11,218,747
$32,741,089

$12,190,000
$0
$0
$0
$0
$12,190,000

$38,483,260
$0
$22,936,563
$9,451,796
$48,077,494
$118,949,113

$1,708
$0
$466
$192
$977
$2,417

$1,716,751
$0
$1,070,589
$341,723
$2,425,470
$5,554,533

$15,721,006
$0
$5,437,545
$2,469,533
$14,932,438
$38,560,522

Yavapai - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$430,101,841
$62,590,000
$0
$180,220,000
$107,180,382
$780,092,223

$84,099,025
$13,345,000
$0
$48,255,000
$21,262,290
$166,961,315

$61,870,000
$11,850,000
$0
$17,115,000
$21,810,652
$112,645,652

$284,132,816
$37,395,000
$0
$114,850,000
$64,107,440
$500,485,256

$2,214
$175
$0
$538
$301
$2,346

$11,735,637
$1,238,225
$0
$5,717,695
$1,944,354
$20,635,911

$93,128,326
$8,585,406
$0
$43,980,768
$22,296,024
$167,990,524

$9,647,215
$14,361,524
$50,000,000
$12,925,908
$8,514,847
$95,449,494

$5,034,277
$3,051,019
$28,169,895
$5,718,105
$2,572,068
$44,545,364

$0
$0
$0
$0
$0
$0

$4,612,938
$11,310,505
$21,830,105
$7,207,803
$5,942,779
$50,904,130

$36
$53
$102
$34
$28
$239

$41,614
$532,968
$1,008,403
$318,329
$213,722
$2,115,036

$1,347,353
$1,861,044
$7,708,408
$1,673,541
$1,129,197
$13,719,543

$439,749,056
$76,951,524
$50,000,000
$193,145,908
$115,695,229
$875,541,717

$89,133,302
$16,396,019
$28,169,895
$53,973,105
$23,834,358
$211,506,679

$61,870,000
$11,850,000
$0
$17,115,000
$21,810,652
$112,645,652

$288,745,754
$48,705,505
$21,830,105
$122,057,803
$70,050,219
$551,389,386

$2,250
$228
$102
$572
$328
$2,585

$11,777,251
$1,771,193
$1,008,403
$6,036,024
$2,158,076
$22,750,947

$94,475,679
$10,446,450
$7,708,408
$45,654,309
$23,425,221
$181,710,067

Santa Cruz - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases

Yavapai - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Yavapai - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Yavapai County

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

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

Executive Summary - Page 13

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

Yuma - Bonded Indebtedness
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Bonded Indebtedness

$526,700,681
$102,515,000
$7,500,000
$128,480,000
$98,182,810
$863,378,491

$132,953,725
$13,910,000
$284,000
$77,340,000
$25,802,989
$250,290,714

$22,390,000
$28,665,000
$0
$21,025,000
$4,213,167
$76,293,167

$371,356,956
$59,940,000
$7,216,000
$30,115,000
$68,166,654
$536,794,610

$2,538
$260
$34
$144
$326
$2,564

$18,533,497
$2,480,675
$216,590
$2,031,573
$2,664,005
$25,926,340

$146,671,660
$25,589,214
$216,590
$33,717,459
$23,724,147
$229,919,070

$1,230,478
$0
$0
$18,354,317
$8,822,180
$28,406,975

$900,003
$0
$0
$4,953,127
$2,617,078
$8,470,208

$0
$0
$0
$0
$0
$0

$330,475
$0
$0
$13,401,190
$6,205,102
$19,936,767

$2
$0
$0
$64
$30
$95

$20,782
$0
$0
$826,854
$229,275
$1,076,911

$133,098
$0
$0
$2,243,389
$511,545
$2,888,032

$527,931,159
$102,515,000
$7,500,000
$146,834,317
$107,004,990
$891,785,466

$133,853,728
$13,910,000
$284,000
$82,293,127
$28,420,067
$258,760,922

$22,390,000
$28,665,000
$0
$21,025,000
$4,213,167
$76,293,167

$371,687,431
$59,940,000
$7,216,000
$43,516,190
$74,371,756
$556,731,377

$2,540
$260
$34
$208
$355
$2,660

$18,554,279
$2,480,675
$216,590
$2,858,427
$2,893,280
$27,003,251

$146,804,758
$25,589,214
$216,590
$35,960,848
$24,235,692
$232,807,102

Statewide - Bonded Indebtedness
Other Jurisdictions
** State Agencies and Universities
Subtotal Bonded Indebtedness

$10,171,790,000
$13,226,001,118
$23,397,791,118

$1,450,510,000
$2,307,044,178
$3,757,554,178

$226,170,000
$1,912,585,000
$2,138,755,000

$8,495,110,000
$9,006,371,940
$17,501,481,940

$1,291
$1,369
$2,659

$87,591,932
$484,225,957
$571,817,889

$483,523,651
$3,170,543,048
$3,654,066,699

Statewide - Lease Purchase
Other Jurisdictions
State Agencies and Universities
Subtotal Lease Purchases

$482,354
$746,799,391
$747,281,745

$299,735
$140,306,599
$140,606,334

$0
$0
$0

$182,619
$606,492,790
$606,675,409

$0
$92
$92

$11,612
$12,550,414
$12,562,026

$41,817
$97,632,711
$97,674,528

Statewide - All Debt
Other Jurisdictions
State Agencies and Universities
Total Statewide Districts

$10,172,272,354
$13,972,800,509
$24,145,072,863

$1,450,809,735
$2,447,350,777
$3,898,160,512

$226,170,000
$1,912,585,000
$2,138,755,000

$8,495,292,619
$9,612,864,730
$18,108,157,349

$1,291
$1,461
$2,752

$87,603,544
$496,776,371
$584,379,915

$483,565,468
$3,268,175,759
$3,751,741,227

Yuma - Lease Purchases
Cities / Towns
Community College
County
School Districts
Special Districts
Subtotal Lease Purchases
Yuma - All Debt
Cities / Towns
Community College
County
School Districts
Special Districts
Total Yuma County

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

** To avoid double-counting, bonded indebtedness for Greater Arizona Development Authority and Water Infrastructure Finance Authority are excluded from the Statewide
summary but included in the receiving jurisdiction.

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

Executive Summary - Page 14

FISCAL YEAR 2014 EXECUTIVE SUMMARY OF OUTSTANDING INDEBTEDNESS AND LEASE PURCHASES
Location
Jurisdiction

Original
Principal

Principal Retired Principal Refunded
Through FY 2014* Through FY 2014*

Outstanding Principal Per Capita
As of June 30, 2014
Debt

Interest Paid
In FY 2014

Interest Paid
To Date

GRAND TOTAL - ALL COUNTIES
Total - Bonded Indebtedness
Cities / Towns
Community Colleges
Counties
Other Jurisdictions
School Districts
Special Districts
** State Agencies and Universities
Subtotal Bonded Indebtedness

$21,834,058,989
$1,396,555,000
$2,342,434,714
$10,171,790,000
$7,298,099,712
$2,225,273,205
$13,226,001,118
$58,494,212,738

$3,615,330,802
$414,360,000
$652,323,695
$1,450,510,000
$2,169,150,798
$529,957,322
$2,307,044,178
$11,138,676,795

$2,461,115,551
$114,750,000
$64,440,000
$226,170,000
$699,515,000
$92,224,729
$1,912,585,000
$5,570,800,280

$15,757,612,636
$867,445,000
$1,625,671,019
$8,495,110,000
$4,429,433,914
$1,603,091,154
$9,006,371,940
$41,784,735,663

$3,042
$133
$247
$1,291
$673
$244
$1,369
$6,349

$745,041,489
$35,387,528
$71,572,952
$87,591,932
$222,923,174
$70,499,689
$484,225,957
$1,717,242,721

$5,463,698,897
$244,965,178
$404,838,498
$483,523,651
$1,412,653,958
$521,270,218
$3,170,543,048
$11,701,493,447

Total - Lease Purchases
Cities / Towns
Community Colleges
Counties
Other Jurisdictions
School Districts
Special Districts
State Agencies and Universities
Subtotal Lease Purchases

$188,475,871
$49,908,881
$80,406,581
$482,354
$369,710,967
$152,352,090
$746,799,391
$1,588,136,135

$69,011,945
$19,687,301
$42,906,319
$299,735
$119,570,890
$56,497,423
$140,306,599
$448,280,212

$0
$0
$0
$0
$0
$0
$0
$0

$119,463,926
$30,221,580
$37,500,262
$182,619
$250,140,077
$95,854,667
$606,492,790
$1,139,855,921

$23
$5
$6
$0
$38
$15
$92
$173

$4,353,235
$1,471,069
$1,667,240
$11,612
$7,546,188
$3,524,561
$12,550,414
$31,124,319

$24,759,289
$10,394,316
$10,444,368
$41,817
$25,654,708
$19,730,470
$97,632,711
$188,657,679

Total - All Debt
Cities / Towns
Community Colleges
Counties
Other Jurisdictions
School Districts
Special Districts
State Agencies and Universities
Grand Total All Counties

$22,022,534,860
$1,446,463,881
$2,422,841,295
$10,172,272,354
$7,667,810,679
$2,377,625,295
$13,972,800,509
$60,082,348,873

$3,684,342,747
$434,047,301
$695,230,014
$1,450,809,735
$2,288,721,688
$586,454,745
$2,447,350,777
$11,586,957,007

$2,461,115,551
$114,750,000
$64,440,000
$226,170,000
$699,515,000
$92,224,729
$1,912,585,000
$5,570,800,280

$15,877,076,562
$897,666,580
$1,663,171,281
$8,495,292,619
$4,679,573,991
$1,698,945,821
$9,612,864,730
$42,924,591,584

$3,065
$138
$253
$1,291
$711
$258
$1,461
$6,522

$749,394,724
$36,858,597
$73,240,192
$87,603,544
$230,469,362
$74,024,250
$496,776,371
$1,748,367,039

$5,488,458,186
$255,359,494
$415,282,866
$483,565,468
$1,438,308,666
$541,000,687
$3,268,175,759
$11,890,151,126

** To avoid double-counting, bonded indebtedness for Greater Arizona Development Authority and Water Infrastructure Finance Authority are excluded from the Statewide
summary but included in the receiving jurisdiction.

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

Executive Summary - Page 15

TABLE OF CONTENTS

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

SECTION ONE – BONDED INDEBTEDNESS
COUNTIES .......................................................................................................................... Page 7
Table 1 County Indebtedness .................................................................................. Page 10
CITIES/TOWNS ................................................................................................................. Page 13
Table 2 City/Town Indebtedness ............................................................................. Page 21
COMMUNITY COLLEGES ................................................................................................ Page 33
Table 3 Community College Indebtedness .............................................................. Page 36
SCHOOL DISTRICT .......................................................................................................... Page 39
Table 4 Apache County School District Indebtedness ............................................ Page 45
Table 5 Cochise County School District Indebtedness............................................ Page 47
Table 6 Coconino County School District Indebtedness ......................................... Page 50
Table 7 Gila County School District Indebtedness .................................................. Page 51
Table 8 Graham County School District Indebtedness............................................ Page 52
Table 9 Greenlee County School District Indebtedness .......................................... Page 53
Table 10 La Paz County School District Indebtedness ........................................... Page 54
Table 11 Maricopa County School District Indebtedness ........................................ Page 55
Table 12 Mohave County School District Indebtedness .......................................... Page 62
Table 13 Navajo County School District Indebtedness ........................................... Page 64
Table 14 Pima County School District Indebtedness .............................................. Page 66
Table 15 Pinal County School District Indebtedness ............................................... Page 69
Table 16 Santa Cruz County School District Indebtedness..................................... Page 72
Table 17 Yavapai County School District Indebtedness.......................................... Page 73
Table 18 Yuma County School District Indebtedness ............................................. Page 76
Table 19 Outstanding Debt by School District ......................................................... Page 79
SPECIAL DISTRICTS ....................................................................................................... Page 85
Table 20 Apache County Special District Indebtedness.......................................... Page 89
Table 21 Cochise County Special District Indebtedness ......................................... Page 92
Table 22 Coconino County Special District Indebtedness....................................... Page 96
Table 23 Gila County Special District Indebtedness ............................................. Page 101
Table 24 Graham County Special District Indebtedness ....................................... Page 105
Table 25 Greenlee County Special District Indebtedness ..................................... Page 106
Table 26 La Paz County Special District Indebtedness ......................................... Page 107
Table 27 Maricopa County Special District Indebtedness ..................................... Page 109
Table 28 Mohave County Special District Indebtedness ....................................... Page 125
Table 29 Navajo County Special District Indebtedness ......................................... Page 130
Table 30 Pima County Special District Indebtedness ............................................ Page 137
Table 31 Pinal County Special District Indebtedness ............................................ Page 142
Table 32 Santa Cruz County Special District Indebtedness .................................. Page 152
Table 33 Yavapai County Special District Indebtedness ....................................... Page 153
Table 34 Yuma County Special District Indebtedness .......................................... Page 159
Table 35 Outstanding Debt by Special District ...................................................... Page 162

TABLE OF CONTENTS
STATE AGENCIES AND UNIVERSITIES ...................................................................... Page 169
Table 36 State Agency and University Indebtedness ............................................ Page 172
OTHER JURISDICTIONS ............................................................................................... Page 185
Table 37 Other Jurisdictions’ Indebtedness .......................................................... Page 187

SECTION TWO – NEW ISSUES
FY 2011/12 NEW ISSUES .................................................................................................. Page 191
Table 38 County Indebtedness .............................................................................. Page 194
Table 39 City/Town Indebtedness ......................................................................... Page 195
Table 40 Community College Indebtedness .......................................................... Page 197
Table 41 School District Indebtedness .................................................................. Page 198
Table 42 Special District Indebtedness ................................................................. Page 200
Table 43 State Agency, University and Other Jurisdiction Indebtedness.............. Page 201

SECTION THREE – LEASE PURCHASES
LEASE PURCHASES/THIRD PARTY FINANCING CONTRACTS .................................. Page 205
Table 44 Lease Purchase/Third Party Financing Contracts .................................. Page 207
Table 45 Jurisdictions reporting no Lease Purchase/Third Party Financing ......... Page 225

SECTION FOUR – NON REPORTING POLITICAL SUBDIVISIONS
Table 46 Jurisdictions Who Failed to Submit Bond Reports ................................. Page 263
Table 47 Jurisdictions Who Failed to Submit Lease Purchase Reports................ Page 264

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INTRODUCTION
In compliance with Arizona Revised Statute §§ 35-501 and 35-502, this report is a compilation of
bonded indebtedness reported for the fiscal year July 1, 2013 through June 30, 2014 (FY 2013/14), by
the state, political subdivisions within the state or their statutory agents. A.R.S. § 35-501 states, in part:
"The department of revenue shall ascertain and record in its office all issues of
bonds, certificates of participation or other securities issued for a term in excess of
one year by the state or a county, city, town, school district, irrigation district, other
political subdivision or municipal property corporation within the state."
The statutory language above referring to “all issues of bonds or other securities” requires the
collection of information on all debt. This includes general obligation bonds, revenue bonds,
certificates of participation, special district bonds, municipal property corporation bonds, impact aid
revenue bonds, and lease purchases or third party financing contracts (hereafter referred to as
lease purchases) issued for a term greater than one year.
The statute also requires that the record will show the date of issuance, amount, denomination,
rates of interest, maturity plus other information the department may require.
In addition, the statutes require that the department collect reports upon the issuance of new bonds
and securities. These reports must contain information about the par amount, interest, repayment
schedule, sources of repayment, original issue price and premium or discount, issuance costs,
outstanding indebtedness, and the constitutional and statutory limitations on the issuance of new
debt. A.R.S. § 35-502.A states,
"The state treasurer and the governing body of the county, city, town, district or
other political subdivision shall make such reports to the department of revenue as
the department requires relating to the issuance of the bonds and securities
provided by § 35-501..."
Failure to comply is a class 2 misdemeanor, pursuant to paragraph B of the same section and
jurisdictions in violation may not issue further indebtedness.
All figures and information contained in this report have been reviewed by the Debt Oversight
Commission, as established by A.R.S. § 35-504.
The data presented, which is as complete and accurate as the records submitted by the reporting
political subdivisions, includes outstanding debt as of June 30, 2014 of $42.92 billion (outstanding
bonds of $41.78 billion and outstanding leases of $1.14 billion). This excludes the debt reported by the
Greater Arizona Development Authority (GADA) and the Water Infrastructure Finance Authority (WIFA)
of $1.3 billion in order to avoid double-counting the indebtedness by these agencies and the receiving
jurisdictions. In comparison, political subdivisions reported outstanding debt as of June 30, 2013 of
$42.72 billion (outstanding bonds of $41.69 billion and outstanding leases of $1.03 billion and excludes
double-counting of GADA and WIFA of $1.3 billion).
This report is divided into four main sections: a summary of outstanding debt by jurisdiction; new debt
issued; outstanding lease purchases reported by political subdivisions; and a summary of jurisdictions
that failed to submit reports. Tables containing detailed data for each section are provided at the end
of each section.
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 and debt limitations, revenue bonds, municipal property corporation bonds,
certificates of participation bonds and special assessment or special district bonds.

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Section Two provides information on new debt issued. This information is summarized for counties,
cities and 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 the jurisdiction in accordance with A.R.S. § 35-501, are available upon request.
Section Three provides a summary of the lease purchases and third party financing contracts based on
information collected. While the department has always attempted to collect information about lease
purchases, reporting by the political subdivisions has not been as comprehensive as outstanding
bonds. The data presented is as complete and accurate as the records submitted by the reporting
political subdivisions.
Section Four lists political subdivisions that failed to submit a Report of Bonded Indebtedness or Lease
Purchase/Third Party Financing Report.
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 2013 Property Tax Rates and Assessed Values, issued by the
Arizona Tax Research Association.
Revenue bonds are secured by a specific, identified revenue source, typically non-property 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.
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 non-profit
corporation, they are typically not considered debt of the political subdivision and are not subject to
the constitutional debt limits.
Certificates of Participation are generally proportional shares in annually appropriated long-term
leases. Generally, these leases are subject to cancellation by the issuing political subdivision if the
annual payments are not appropriated. As a result, the leases are not considered long-term debt and
are not subject to the constitutional debt limits.
Impact Aid Revenue bonds are paid from revenues received through a federal program designed to
directly reimburse public schools for the loss of traditional revenue sources due to a federal presence
or activity.
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.
LEASE PURCHASES OR THIRD PARTY FINANCING CONTRACTS
Lease purchases and third party financing contracts represents debt of the political subdivision if
issued with a term in excess of one year. Information collected by the department is presented in
Section Three and is complete an accurate as the records submitted by the reporting political
subdivisions. A lease purchase would include a transfer of ownership at the end of the lease.
INTEREST
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,

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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.
SEARCHABLE DATABASE
The department is required to maintain an online accessible and searchable database pursuant to
A.R.S. § 41-4604. The database can be found at www.azdor.gov under “Reports & Research” and
“Report of Bonded Indebtedness” links.

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SECTION ONE
FY 2013/14 BONDED INDEBTEDNESS
BY POLITICAL SUBDIVISION

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COUNTIES
As of June 30, 2014, counties reported a total outstanding debt of $1.66 billion (outstanding bonds
of $1.62 billion and outstanding leases of $0.04 billion), a 3.2% decrease from the prior fiscal year.
For FY 2013, counties reported total outstanding debt of $1.72 billion (outstanding bonds of $1.68
billion and outstanding leases of $0.04 billion).
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. County bonded indebtedness consists of general obligation bonds,
revenue bonds, certificates of participation and municipal property corporation debt. Eleven
counties reported these types of outstanding debt totaling $1.6 billion at the end of FY 2013/14, a
3.1% decrease from the $1.7 billion reported for FY 2012/13.
Detail of the outstanding debt reported by the counties can be found in Table 1. Four types of
outstanding debt have been reported:






$407 million in general obligation debt, reported by one county;
$1 billion in revenue bonds, reported by nine counties;
$142 million in certificates of participation, reported by two counties; and,
$55 million in municipal property corporation debt, reported by one county.

During FY 2013/14, $198.9 million of principal was retired or refunded by counties. Coconino,
Graham, Greenlee, Mohave and Yavapai County, reported no debt.
County lease purchases represent debt issued with a term in excess of one year. As of June 30,
2014, lease purchases totaled $37.5 million for 11 counties, a 7.4% decrease from the $40.5 million
reported for FY 2013. Detail of the outstanding lease purchases can be found in Table 44. Table 45
lists the counties that reported no lease purchases.
The following table lists debt by county ranked from highest debt to lowest debt.
COUNTY
Pima
Pinal
Maricopa
Santa Cruz
Yavapai
La Paz
Navajo
Yuma
Gila
Apache
Cochise
Greenlee
Graham
Coconino
Mohave
Total

OUTSTANDING
BONDS
$1,324,925,019
$133,580,000
$97,135,000
$13,585,000
$0
$18,760,000
$17,150,000
$7,216,000
$6,575,000
$3,580,000
$3,165,000
$0
$0
$0
$0
$1,625,671,019

OUTSTANDING
LEASES

TOTAL
OUTSTANDING DEBT

$639,400
$566,443
$0
$9,351,563
$21,830,105
$93,699
$579,596
$0
$33,970
$812,454
$210,804
$2,286,459
$1,095,769
$0
$0
$37,500,262

$1,325,564,419
$134,146,443
$97,135,000
$22,936,563
$21,830,105
$18,853,699
$17,729,596
$7,216,000
$6,608,970
$4,392,454
$3,375,804
$2,286,459
$1,095,769
$0
$0
$1,663,171,281

Please note that the outstanding balances listed in the report should reflect all indebtedness as of
June 30, 2014. However, the year-end balances should reflect any July 1, 2014 payments if the
payment amount has been deposited into a dedicated fund for the payment of principal.

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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.
COUNTY
Pima

CAPACITY

DEBT

% OF CAPACITY
USED

$1,143,553,692

$407,275,000

37%

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 2013/14 was $1 billion, after payments
totaling $86.2 million during the fiscal year.
MUNICIPAL PROPERTY CORPORATION DEBT
Pinal County reported municipal property corporation debt. The outstanding balance at the end of
FY 2013/14 was $54.6 million. A total of $2.2 million in principal was retired and refunded during the
fiscal year.
CERTIFICATES OF PARTICIPATION
Cochise and Pima Counties reported certificates of participation. The outstanding balance in
certificates of participation at the end of FY 2013/14 was $142 million, after retiring and refunding
$51 million during the fiscal year.
NEW BONDS
During FY 2013/14, two counties reported five new bond issues totaling $146.1 million; of this
amount, $4.9 million was attributed to refunding. Detail of new bonds issued can be found in
Section Two and Table 37.
LEASE PURCHASES
Lease purchases and third party financing contracts represent debt issued with a term greater than
one year. As of June 30, 2014, 11 counties reported outstanding lease purchases of $37.5 million.
Yavapai County had the most lease purchase debt for $21.8 million.
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 on bonds during FY 2013/14 of $71.6 million
on $1.6 billion of outstanding principal as of June 30, 2014 and $405 million interest paid to date on
56 bond issues with an original principal of $2.3 billion from outstanding bonds. An additional $1.7
million in interest was paid during FY 2013/14 and $10.4 million interest paid to date on lease
purchases.
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 $266.46. The average
per capita county debt statewide (including the population of counties without debt) is $252.72.
COUNTY
Pima
La Paz
Santa Cruz
Pinal
Greenlee
Navajo

PER CAPITA
BOND DEBT
$1,330.18
$894.23
$276.02
$339.20
$0.00
$157.78

PER CAPITA
LEASE DEBT
$0.64
$4.47
$190.00
$1.44
$209.52
$5.33

8

PER CAPITA
TOTAL DEBT
$1,330.83
$898.69
$466.02
$340.63
$209.52
$163.11

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COUNTY
Gila
Yavapai
Apache
Yuma
Graham
Cochise
Maricopa
Coconino
Mohave

PER CAPITA
BOND DEBT
$122.51
$0.00
$49.60
$34.47
$0.00
$24.18
$24.62
$0.00
$0.00

PER CAPITA
LEASE DEBT
$0.63
$102.35
$11.26
$0.00
$28.93
$1.61
$0.00
$0.00
$0.00

PER CAPITA
TOTAL DEBT
$123.14
$102.35
$60.85
$34.47
$28.93
$25.79
$24.62
$0.00
$0.00

The population measure used to calculate per capita debt is the July 1, 2013 Department of
Administration’s estimate.

9

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TABLE 1
COUNTY FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COUNTY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Apache

1
1

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

$195,000
$195,000

$205,000
$205,000

$3,580,000
$3,580,000

$166,714
$166,714

$1,180,716

1
1

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

$5,625,000
$5,625,000

$710,000
$710,000

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

$152,575
$152,575

$3,073,139

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

$1,105,000
$1,105,000

$320,000
$320,000

$6,575,000
$6,575,000

$300,700
$300,700

$1,488,613

0
0

$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

$19,430,000
$19,430,000

$0
$0

$670,000
$670,000

$18,760,000
$18,760,000

$1,453,457
$1,453,457

$2,458,302

2
2

$140,940,000
$140,940,000

$31,965,000
$31,965,000

$11,840,000
$11,840,000

$97,135,000
$97,135,000

$4,875,180
$4,875,180

$40,977,199

1
1

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

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

$9,350,000
$9,350,000

$0
$0

$458,125
$458,125

$6,068,338

4
4

$25,725,000
$25,725,000

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

$6,755,000
$6,755,000

$17,150,000
$17,150,000

$567,192
$567,192

$1,689,657

Revenue
Totals for Apache

$1,180,716

Cochise
Certificate of Participation
Totals for Cochise

$3,073,139

Coconino
$0

Gila
$1,488,613

Graham
Totals for Graham

$0

Greenlee

Totals for Greenlee

$0

La Paz
Revenue
Totals for La Paz

$2,458,302

Maricopa
Revenue
Totals for Maricopa

$40,977,199

Mohave
Certificate of Participation
Totals for Mohave

$6,068,338

Navajo
Revenue
Totals for Navajo

10

$1,689,657

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TABLE 1
COUNTY FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
Bond Type

COUNTY NAME

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

5

$193,805,000

$13,910,000

$40,995,000

$138,900,000

12
17
34

$763,335,000
$953,129,714
$1,910,269,714

$296,645,000
$115,360,018
$425,915,018

$59,415,000
$59,019,677
$159,429,677

$407,275,000
$778,750,019
$1,324,925,019

$4,077,755

$14,158,642

$16,494,511
$35,622,121
$56,194,387

$115,676,365
$156,352,595

1

$71,615,000

$14,810,000

$2,185,000

5
6

$110,890,000
$182,505,000

$25,115,000
$39,925,000

$6,815,000
$9,000,000

$54,620,000

$2,787,425

$29,187,332

$78,960,000
$133,580,000

$3,708,101
$6,495,526

$28,009,181

1
1

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

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

$305,000
$305,000

$13,585,000
$13,585,000

$692,506
$692,506

$4,301,829

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0

1
1

$7,500,000
$7,500,000

$0
$0

$284,000
$284,000

$7,216,000
$7,216,000

$216,590
$216,590

$216,590

$1,143,553,692

$407,275,000

$286,187,602

Pinal
Municipal Property Corp
Revenue
Totals for Pinal

$57,196,513

Santa Cruz

Revenue
Totals for Santa Cruz

$4,301,829

Yavapai
Totals for Yavapai

$0

Yuma
Revenue
Totals for Yuma

Certificate of Participation

$216,590

7

$222,625,000

$29,505,000

$51,055,000

$142,065,000

$4,688,455

$23,300,119

12

$763,335,000

$296,645,000

$59,415,000

$407,275,000

$16,494,511

$115,676,365

1

$71,615,000

$14,810,000

$2,185,000

$54,620,000

$2,787,425

$29,187,332

Revenue

36

$1,284,859,714

$176,935,018

$86,213,677

$1,021,711,019

$47,602,561

$236,674,682

Grand Totals:

56

$2,342,434,714

$517,895,018

$198,868,677

$1,625,671,019

$71,572,952

$404,838,498

General Obligation
Municipal Property Corp

11

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12

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CITIES/TOWNS
As of June 30, 2014, cities and towns reported total outstanding debt of $15.88 billion (outstanding
bonds of $15.76 billion and outstanding leases of $0.12 billion), a 2.6% decrease from the prior
fiscal year. For FY 2013, cities and towns reported total outstanding debt of $16.31 billion
(outstanding bonds of $16.22 billion and outstanding leases of $0.09 billion).
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, 2014, these types of outstanding debt totaled $15.76 billion
for cities and towns, a 3.0% decrease from the $16.22 billion reported for FY 2013. Of the 91
incorporated cities and towns in Arizona, 76 had at least one of these types of debt outstanding at
the end of FY 2013/14; 15 reported no debt.
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, 2014:

 $4.2 billion in general obligation debt, reported by 21 cities and towns;
 $4.7 billion in revenue bonds, reported by 70 cities and towns;
 $6.4 billion in debt issued through municipal property corporations, reported by 32 cities
and towns;

 $313.3 million in certificates of participation, reported by six cities and towns; and
 $68.1 million in special assessment debt 1, reported by nine cities and towns.
City and town lease purchases represent debt issued with a term in excess of one year. As of June
30, 2014, lease purchases totaled $119.9 million for cities and towns, a 30.5% increase from the
$91.5 million reported for FY 2013. Of the 91 incorporated cities and towns, 55 reported outstanding
lease purchases. Detail of the outstanding lease purchases can be found in Table 44. Table 45 lists
the cities and towns that reported no lease purchases.
During FY 2013/14, $1.87 billion of outstanding principal was retired or refunded. The following
table lists debt by city and town ranked from highest debt to lowest debt.

CITY / TOWN

OUTSTANDING
BONDS

Phoenix
Mesa
Scottsdale
Tucson
Glendale
Tempe
Chandler
Gilbert
Peoria
Lake Havasu City
Goodyear
Yuma
Queen Creek

$6,526,390,264
$1,622,058,350
$1,195,393,555
$1,110,803,547
$952,225,000
$619,966,554
$550,050,000
$385,970,000
$323,230,496
$284,922,405
$258,269,868
$250,515,230
$170,138,793

OUTSTANDING
LEASES

TOTAL
OUTSTANDING DEBT

$4,574,104
$71,640
$41,233
$6,737,012
$10,360,710
$5,406,476
$0
$0
$0
$7,614,717
$0
$0
$20,678,765

$6,530,964,368
$1,622,129,990
$1,195,434,788
$1,117,540,559
$962,585,710
$625,373,030
$550,050,000
$385,970,000
$323,230,496
$292,537,122
$258,269,868
$250,515,230
$190,817,558

1

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

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CITY / TOWN
Flagstaff
Casa Grande
Prescott
San Luis
Avondale
Surprise
Marana
Prescott Valley
Oro Valley
Cave Creek
Cottonwood
Kingman
Sedona
Maricopa
Tolleson
El Mirage
Buckeye
Bullhead City
Sahuarita
Nogales
Sierra Vista
Williams
Chino Valley
Somerton
Douglas
Safford
Show Low
Payson
Bisbee
Page
Eloy
Quartzsite
Apache Junction
South Tucson
Paradise Valley
Globe
Florence
Snowflake
Clarkdale
Winslow
Fountain Hills
Benson
Taylor
Willcox
Coolidge
Fredonia
Eagar
Miami

OUTSTANDING
BONDS
$112,976,140
$100,523,093
$103,016,076
$101,392,901
$73,150,000
$71,010,000
$68,526,000
$61,080,368
$54,957,480
$53,038,725
$45,610,000
$48,318,343
$46,645,000
$46,350,000
$43,819,926
$43,471,019
$42,507,539
$41,320,000
$41,061,502
$33,850,000
$20,805,000
$21,029,228
$20,340,269
$19,448,825
$11,376,357
$16,483,354
$13,473,070
$14,443,546
$13,551,330
$12,089,609
$9,020,745
$9,863,241
$2,725,000
$7,765,000
$5,765,000
$5,968,741
$4,549,897
$5,375,000
$5,132,880
$3,998,402
$4,780,000
$4,610,000
$4,142,350
$3,975,685
$3,384,939
$3,804,250
$3,354,040
$2,765,890

OUTSTANDING
LEASES
$5,792,525
$4,863,835
$0
$241,851
$0
$0
$0
$0
$262,587
$8,242
$3,973,715
$125,695
$0
$0
$0
$14,803
$410,492
$814,320
$0
$3,827,993
$10,837,857
$1,338,350
$0
$0
$7,571,958
$1,347,662
$1,308,000
$294,627
$177,744
$342,780
$3,093,320
$30,909
$6,631,683
$268,856
$1,297,719
$0
$1,274,152
$0
$13,630
$1,106,980
$0
$60,177
$79,421
$1,535
$543,051
$41,341
$444,660
$0

14

TOTAL
OUTSTANDING DEBT
$118,768,665
$105,386,928
$103,016,076
$101,634,752
$73,150,000
$71,010,000
$68,526,000
$61,080,368
$55,220,067
$53,046,967
$49,583,715
$48,444,038
$46,645,000
$46,350,000
$43,819,926
$43,485,822
$42,918,031
$42,134,320
$41,061,502
$37,677,993
$31,642,857
$22,367,578
$20,340,269
$19,448,825
$18,948,315
$17,831,016
$14,781,070
$14,738,173
$13,729,074
$12,432,389
$12,114,065
$9,894,150
$9,356,683
$8,033,856
$7,062,719
$5,968,741
$5,824,049
$5,375,000
$5,146,510
$5,105,382
$4,780,000
$4,670,177
$4,221,771
$3,977,220
$3,927,990
$3,845,591
$3,798,700
$2,765,890

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CITY / TOWN
Camp Verde
St. Johns
Parker
Wickenburg
Thatcher
Holbrook
Guadalupe
Carefree
Tombstone
Springerville
Kearny
Patagonia
Huachuca City
Superior
Duncan
Pinetop-Lakeside
Hayden
Colorado City
Jerome
Wellton
Mammoth
Gila Bend
Clifton
Dewey-Humboldt
Litchfield Park
Pima
Star Valley
Tusayan
Winkelman
Youngtown
Total

OUTSTANDING
BONDS
$2,108,228
$2,410,541
$2,345,000
$1,641,443
$2,075,000
$2,218,000
$2,145,000
$0
$1,381,100
$1,303,218
$775,000
$805,267
$0
$602,860
$570,162
$0
$452,000
$0
$199,995
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$15,757,612,636

OUTSTANDING
LEASES
$625,593
$0
$56,153
$737,431
$255,247
$0
$0
$2,039,847
$0
$50,757
$144,478
$0
$671,979
$9,069
$0
$497,185
$0
$256,678
$0
$88,624
$74,758
$29,000
$0
$0
$0
$0
$0
$0
$0
$0
$119,463,926

TOTAL
OUTSTANDING DEBT
$2,733,821
$2,410,541
$2,401,153
$2,378,874
$2,330,247
$2,218,000
$2,145,000
$2,039,847
$1,381,100
$1,353,975
$919,478
$805,267
$671,979
$611,929
$570,162
$497,185
$452,000
$256,678
$199,995
$88,624
$74,758
$29,000
$0
$0
$0
$0
$0
$0
$0
$0
$15,877,076,562

Please note that the outstanding balances listed in the report should reflect all indebtedness as of
June 30, 2014. However, the year-end balances should reflect any July 1, 2014 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 for cities and towns as of June 30, 2014 was $4.2 billion, or
27.0% of all outstanding debt. General obligation debt was reported by 21 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.”

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The general obligation debt limit is based on the value of taxable property in the city or town as
shown on the last property tax assessment roll before issuing the bonds. The table below measures
the current outstanding general obligation debt against the current capacity. While El Mirage has
outstanding general obligation debt that exceeds their current capacity based on fallen valuations,
debt in excess of current capacity is not a reflection of the validity of the bonds at the time they were
issued. No city or town exceeded the statutory debt limit at the time bonds were issued.

CITY / TOWN
Avondale
Casa Grande
Chandler
El Mirage
Flagstaff
Fountain Hills
Gilbert
Glendale
Goodyear
Lake Havasu City
Maricopa
Mesa
Payson
Peoria
Phoenix
Prescott
Scottsdale
Tempe
Tolleson
Tucson
Willcox

CURRENT
CAPACITY

DEBT

$81,893,678
$86,514,123
$565,597,936
$23,354,568
$171,876,377
$95,238,695
$414,649,752
$273,232,411
$153,467,250
$149,452,788
$51,904,564
$665,504,820
$43,149,174
$274,927,433
$2,593,425,424
$132,661,078
$1,255,241,147
$393,457,811
$42,186,165
$819,270,995
$5,727,758

$26,515,000
$23,340,000
$362,215,000
$26,120,000
$55,092,587
$2,000,000
$135,310,000
$147,810,000
$104,290,000
$65,303,578
$46,350,000
$344,645,000
$1,765,000
$142,925,000
$1,495,776,176
$520,000
$619,065,000
$386,700,000
$33,160,790
$214,760,000
$715,000

% OF
CAPACITY
USED
32.4%
27.0%
64.0%
111.8%
32.1%
2.1%
32.6%
54.1%
68.0%
43.7%
89.3%
51.8%
4.1%
52.0%
57.7%
0.4%
49.3%
98.3%
78.6%
26.2%
12.5%

Cities and towns retired and refunded $647.1 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, 2014 was $4.7 billion, or 29.9% of total
outstanding debt. There were 70 cities and towns with outstanding revenue bonds. Cities retired and
refunded $352.4 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, Tempe and Lake Havasu City.
MUNICIPAL PROPERTY CORPORATION DEBT
Municipal property corporation debt was reported in 32 cities and towns for FY 2013/14, with an
outstanding balance at the end of the fiscal year of $6.4 billion. This represents 40.7% of total
outstanding debt. Cities retired and refunded $821.2 million during the fiscal year. Outstanding debt
amounts ranged from $5.0 billion for Phoenix to $130,000 for Clarkdale.
CERTIFICATES OF PARTICIPATION
Seven cities and towns reported certificates of participation with total outstanding principal on June 30,
2014 of $313.3 million, or 2.0% of total debt for cities and towns. A total of $39.4 million in principal
was retired and refunded in the fiscal year. Tucson with $259.2 million and Phoenix with $24.3 million,
account for 90% of outstanding certificates of participation debt.

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SPECIAL ASSESSMENT BONDS
Special assessment bonds are issued by a city or town for improvements in a subsection of the city or
town. Nine cities and towns reported special assessment debt totaling $68.1 million.
Cities retired and refunded $7.3 million in special assessment principal in FY 2013/14. The cities with
outstanding special assessment debt in excess of $5 million, in order of most to least debt, are: Queen
Creek, Gilbert and Kingman.
NEW BONDS
During FY 2013/14, 27 municipalities issued 46 new issues totaling $1.4 billion; $1.0 billion was
attributed to refunding. Detail of new bond issues can be found in Section Two and Table 39.
LEASE PURCHAES
Lease purchases and third party financing contracts represent debt issued with a term greater than
one year. As of June 30, 2014, 55 cities and towns reported outstanding lease purchases of $119.5
million. The cities and towns with outstanding lease purchases in excess of $7 million, in order of
most to least debt, are: Queen Creek, Sierra Vista, Glendale, Lake Havasu City and Douglas.
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. Springerville and Tombstone
had outstanding debt but were not required to report interest because their population is below the
2,500 threshold. The remaining cities and towns reported interest paid on bonds during FY 2013/14
of $745.0 million on $15.8 billion of outstanding principal as of June 30, 2014 and $5.5 billion
interest paid to date on 733 bond issues with an original principal of $21.8 billion. An additional $4.4
million in interest was paid during FY 2013/14 and $24.8 million interest paid to date on lease
purchases.
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 comparative tool to describe how much debt the city or town has at a given point in time in
comparison with other cities or towns. Using this measure Cave Creek has the most debt per capita,
as seen on the following table. The average per capita debit for cities and towns with total outstanding
debt at the end of the fiscal year is $1,765.98. The statewide average per capita debit total debt
(including the population of counties without debt) is $1,610.73.

CITY / TOWN
Cave Creek
Williams
Tolleson
Queen Creek
Lake Havasu City
Scottsdale
Sedona
Phoenix
Cottonwood
Glendale
Tempe
Mesa
Goodyear
San Luis
Fredonia

PER CAPITA
BOND DEBT
$10,145.13
$6,951.81
$6,607.35
$5,765.46
$5,385.24
$5,379.49
$4,649.62
$4,392.65
$4,031.65
$4,120.24
$3,753.78
$3,602.09
$3,573.43
$3,138.61
$2,939.91

PER CAPITA
LEASE DEBT
$1.58
$442.43
$0.00
$700.74
$143.92
$0.19
$0.00
$3.08
$351.25
$44.83
$32.74
$0.16
$0.00
$7.49
$31.95

17

PER CAPITA
TOTAL DEBT
$10,146.70
$7,394.24
$6,607.35
$6,466.20
$5,529.17
$5,379.68
$4,649.62
$4,395.73
$4,382.90
$4,165.07
$3,786.51
$3,602.25
$3,573.43
$3,146.10
$2,971.86

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CITY / TOWN
Quartzsite
Yuma
Prescott
Bisbee
Chandler
Tucson
Casa Grande
Peoria
Chino Valley
Safford
Marana
Flagstaff
Nogales
Kingman
Gilbert
Page
Prescott Valley
Sahuarita
Miami
South Tucson
Show Low
El Mirage
Oro Valley
Somerton
Clarkdale
Douglas
Willcox
Bullhead City
Tombstone
Taylor
Maricopa
Payson
Snowflake
Avondale
Benson
Patagonia
Globe
Eagar
Buckeye
Parker
Eloy
Sierra Vista
Hayden
St. Johns
Springerville
Duncan
Carefree
Surprise

PER CAPITA
BOND DEBT
$2,621.11
$2,617.25
$2,582.63
$2,498.40
$2,234.19
$2,115.20
$1,973.44
$2,013.24
$1,877.45
$1,681.46
$1,774.83
$1,673.67
$1,568.58
$1,696.81
$1,695.80
$1,634.84
$1,539.83
$1,533.98
$1,520.56
$1,368.52
$1,236.74
$1,338.72
$1,318.94
$1,275.67
$1,255.60
$671.05
$1,076.84
$1,046.21
$1,019.26
$996.48
$1,004.55
$938.01
$952.85
$943.74
$906.59
$850.33
$798.92
$680.33
$752.88
$740.21
$530.01
$459.24
$689.02
$686.18
$658.86
$656.11
$0.00
$583.82

PER CAPITA
LEASE DEBT
$8.21
$0.00
$0.00
$32.77
$0.00
$12.83
$95.49
$0.00
$0.00
$137.47
$0.00
$85.81
$177.39
$4.41
$0.00
$46.35
$0.00
$0.00
$0.00
$47.38
$120.07
$0.46
$6.30
$0.00
$3.33
$446.64
$0.42
$20.62
$0.00
$19.11
$0.00
$19.13
$0.00
$0.00
$11.83
$0.00
$0.00
$90.19
$7.27
$17.73
$181.75
$239.23
$0.00
$0.00
$25.66
$0.00
$595.75
$0.00

18

PER CAPITA
TOTAL DEBT
$2,629.33
$2,617.25
$2,582.63
$2,531.17
$2,234.19
$2,128.02
$2,068.93
$2,013.24
$1,877.45
$1,818.93
$1,774.83
$1,759.48
$1,745.97
$1,701.22
$1,695.80
$1,681.19
$1,539.83
$1,533.98
$1,520.56
$1,415.91
$1,356.81
$1,339.18
$1,325.24
$1,275.67
$1,258.93
$1,117.70
$1,077.25
$1,066.83
$1,019.26
$1,015.58
$1,004.55
$957.15
$952.85
$943.74
$918.42
$850.33
$798.92
$770.53
$760.15
$757.94
$711.75
$698.47
$689.02
$686.18
$684.52
$656.11
$595.75
$583.82

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CITY / TOWN
Winslow
Paradise Valley
Thatcher
Kearny
Jerome
Holbrook
Huachuca City
Wickenburg
Guadalupe
Coolidge
Camp Verde
Apache Junction
Florence
Superior
Fountain Hills
Pinetop-Lakeside
Colorado City
Mammoth
Wellton
Gila Bend
Clifton
Dewey-Humboldt
Litchfield Park
Pima
Star Valley
Tusayan
Winkelman
Youngtown

PER CAPITA
BOND DEBT
$418.77
$434.05
$412.44
$389.25
$451.46
$438.95
$0.00
$252.10
$356.37
$279.29
$192.36
$72.43
$178.34
$208.24
$208.80
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

PER CAPITA
LEASE DEBT
$115.94
$97.71
$50.73
$72.57
$0.00
$0.00
$368.21
$113.26
$0.00
$44.81
$57.08
$176.27
$49.94
$3.13
$0.00
$114.88
$53.33
$51.20
$29.08
$14.89
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

PER CAPITA
TOTAL DEBT
$534.71
$531.75
$463.18
$461.82
$451.46
$438.95
$368.21
$365.36
$356.37
$324.09
$249.44
$248.70
$228.29
$211.37
$208.80
$114.88
$53.33
$51.20
$29.08
$14.89
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

The population measure used to calculate per capita debt is the July 1, 2013 Department of
Administration’s estimate.

19

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20

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

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

$905,000
$905,000

$170,000
$170,000

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

5
6
11

$42,320,000
$67,435,000
$109,755,000

$13,760,000
$16,010,000
$29,770,000

$2,045,000
$4,790,000
$6,835,000

$26,515,000
$46,635,000
$73,150,000

Revenue

2
2

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

$415,000
$415,000

$215,000
$215,000

Revenue

3
3

$18,253,685
$18,253,685

$3,972,002
$3,972,002

Revenue

8
8

$56,177,450
$56,177,450

Municipal Property Corp

3

Revenue

2
5

Revenue

Revenue
Totals for Apache Junction

$137,350
$137,350

$1,130,272
$1,130,272

$1,895,548
$2,105,677
$4,001,225

$11,560,226
$15,712,973
$27,273,199

$4,610,000
$4,610,000

$185,438
$185,438

$667,932
$667,932

$730,353
$730,353

$13,551,330
$13,551,330

$360,001
$360,001

$3,408,050
$3,408,050

$9,869,823
$9,869,823

$3,800,088
$3,800,088

$42,507,539
$42,507,539

$1,288,736
$1,288,736

$5,395,892
$5,395,892

$57,770,000

$23,050,000

$15,850,000

$18,870,000

$960,041

$14,923,457

$22,450,000
$80,220,000

$0
$23,050,000

$0
$15,850,000

$22,450,000
$41,320,000

$398,244
$1,358,285

$398,244
$15,321,701

2
2

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

$598,800
$598,800

$337,972
$337,972

$2,108,228
$2,108,228

$105,755
$105,755

$844,952
$844,952

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2
8
10

$30,000,000
$111,820,735
$141,820,735

$6,060,000
$30,776,013
$36,836,013

$600,000
$3,861,629
$4,461,629

$23,340,000
$77,183,093
$100,523,093

$1,072,257
$3,532,996
$4,605,253

$6,055,143
$19,794,580
$25,849,723

Avondale

General Obligation
Revenue
Totals for Avondale

$18,898,541

$635,000

$62,995,137

$25,880,000

Benson
Totals for Benson
Bisbee
Totals for Bisbee
Buckeye
Totals for Buckeye
Bullhead City

Totals for Bullhead City
Camp Verde
Totals for Camp Verde

Carefree
Totals for Carefree
Casa Grande
General Obligation
Revenue
Totals for Casa Grande

21

$19,964,798

$2,454,000

$66,549,325

$20,886,000

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Cave Creek
Certificate of Participation

1

$1,710,000

$860,000

$270,000

$580,000

$47,038

$1,370,116

Revenue

8
9

$68,772,000
$70,482,000

$13,182,058
$14,042,058

$3,131,217
$3,401,217

$52,458,725
$53,038,725

$1,926,900
$1,973,938

$12,510,015
$13,880,131

General Obligation

13

$475,410,000

$90,760,000

$22,435,000

$362,215,000

$15,997,896

$114,045,688

Revenue

15
28

$266,185,000
$741,595,000

$39,050,000
$129,810,000

$39,300,000
$61,735,000

$187,835,000
$550,050,000

$6,452,932
$22,450,828

$42,067,978
$156,113,666

Municipal Property Corp
Revenue

2
6
8

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

$230,978
$2,389,110
$2,620,088

$67,040
$877,603
$944,643

$2,628,982
$17,711,287
$20,340,269

$109,959
$742,876
$852,835

$700,926
$3,401,568
$4,102,494

Municipal Property Corp
Revenue

1
3
4

$665,000
$7,151,678
$7,816,678

$505,000
$1,259,543
$1,764,543

$30,000
$889,255
$919,255

$130,000
$5,002,880
$5,132,880

$10,113
$144,522
$154,635

$401,741
$341,529
$743,270

0
0

$0
$0

$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

$3,795,000

$1,525,000

$2,270,000

$1,416,925

3
4

$4,107,070
$7,902,070

$625,615
$2,150,615

$96,516
$2,366,516

$0
$3,384,939
$3,384,939

$96,750

Revenue

$46,858
$143,608

$362,178
$1,779,103

Revenue

3
3

$57,480,000
$57,480,000

$10,030,000
$10,030,000

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

$45,610,000
$45,610,000

$2,182,648
$2,182,648

$19,044,691
$19,044,691

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Totals for Cave Creek
Chandler

Totals for Chandler

$130,522,601

$10,170,000

$435,075,335

$352,045,000

Chino Valley

Totals for Chino Valley

Clarkdale

Totals for Clarkdale
Clifton
Totals for Clifton
Colorado City
Totals for Colorado City
Coolidge

Totals for Coolidge
Cottonwood
Totals for Cottonwood

Dewey-Humboldt
Totals for Dewey-Humboldt

22

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Douglas
Municipal Property Corp

1

$4,165,000

$3,240,000

$455,000

$470,000

$31,806

$851,256

Revenue

3
4

$13,500,000
$17,665,000

$1,982,695
$5,222,695

$610,948
$1,065,948

$10,906,357
$11,376,357

$225,433
$257,239

$1,260,533
$2,111,789

Revenue

1
1

$800,000
$800,000

$107,641
$107,641

$122,197
$122,197

$570,162
$570,162

$30,430
$30,430

$372,994
$372,994

Revenue

4
4

$6,546,000
$6,546,000

$3,015,769
$3,015,769

$176,191
$176,191

$3,354,040
$3,354,040

$144,036
$144,036

$1,007,163
$1,007,163

4
9
13

$28,950,000
$27,511,276
$56,461,276

$1,860,000
$8,243,099
$10,103,099

$970,000
$1,917,158
$2,887,158

$26,120,000
$17,351,019
$43,471,019

$830,438
$628,068
$1,458,506

$3,458,368
$3,346,807
$6,805,175

6
6

$11,386,315
$11,386,315

$1,901,078
$1,901,078

$464,492
$464,492

$9,020,745
$9,020,745

$229,057
$229,057

$1,505,321
$1,505,321

1
14
1
10
26

$4,960,000
$87,706,115
$4,700,000
$67,150,760
$164,516,875

$1,335,000
$19,602,484
$3,055,000
$10,956,265
$34,948,749

$470,000
$13,011,044
$385,000
$2,725,942
$16,591,986

$3,155,000
$55,092,587
$1,260,000
$53,468,553
$112,976,140

$115,770
$1,655,288
$68,753
$1,369,350
$3,209,161

$644,457
$11,786,169
$1,885,620
$8,268,994
$22,585,240

Revenue

2
2

$9,025,000
$9,025,000

$4,035,682
$4,035,682

$439,421
$439,421

$4,549,897
$4,549,897

$173,455
$173,455

$3,272,774
$3,272,774

General Obligation

1

$7,225,000

$4,325,000

$900,000

$2,000,000

$113,750

$1,882,925

1
2

$5,330,000
$12,555,000

$1,595,000
$5,920,000

$955,000
$1,855,000

$2,780,000
$4,780,000

$149,400
$263,150

$1,728,760
$3,611,685

Totals for Douglas
Duncan
Totals for Duncan

Eagar
Totals for Eagar
El Mirage
General Obligation
Revenue
Totals for El Mirage

$5,389,516

$0

$17,965,053

*

$26,120,000

Eloy
Revenue
Totals for Eloy
Flagstaff
Certificate of Participation

General Obligation
Municipal Property Corp
Revenue
Totals for Flagstaff

$39,663,779

$0

$132,212,598

$55,092,587

Florence
Totals for Florence
Fountain Hills
Municipal Property Corp
Totals for Fountain Hills

* 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.
23

$21,978,160

$0

$73,260,534

$2,000,000

Return to Table of Contents

TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Fredonia
5
5

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

$690,137
$690,137

$130,933
$130,933

$3,804,250
$3,804,250

$135,552
$135,552

$1,069,889
$1,069,889

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation
Municipal Property Corp
Revenue
Special Assessment

3
4
2
2
11

$223,065,000
$321,160,000
$42,170,000
$15,185,000
$601,580,000

$73,390,000
$77,745,000
$11,245,000
$4,755,000
$167,135,000

$14,365,000
$17,080,000
$16,010,000
$1,020,000
$48,475,000

$135,310,000
$226,335,000
$14,915,000
$9,410,000
$385,970,000

$95,688,404

$0

$318,961,347

$135,310,000

$6,713,325
$11,741,894
$1,303,613
$507,965
$20,266,797

$56,279,778
$88,056,943
$9,641,431
$4,574,160
$158,552,312

General Obligation
Municipal Property Corp
Revenue

8
11
8
27

$294,385,000
$493,590,000
$432,830,000
$1,220,805,000

$125,740,000
$27,505,000
$70,310,000
$223,555,000

$20,835,000
$6,500,000
$17,690,000
$45,025,000

$147,810,000
$459,585,000
$344,830,000
$952,225,000

$63,053,633

$2,880,000

$210,178,778

$144,930,000

$7,411,792
$22,951,137
$17,238,946
$47,601,875

$75,246,949
$125,918,429
$112,691,745
$313,857,123

2
2

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

$1,245,061
$1,245,061

$3,286,198
$3,286,198

$5,968,741
$5,968,741

$133,796
$133,796

$1,398,102
$1,398,102

9
2
10
21

$153,950,000
$102,300,000
$89,519,901
$345,769,901

$26,145,000
$25,150,000
$10,259,491
$61,554,491

$23,515,000
$0
$2,430,542
$25,945,542

$104,290,000
$77,150,000
$76,829,868
$258,269,868

$5,182,537
$4,317,038
$3,705,208
$13,204,783

$36,106,292
$29,851,175
$16,584,520
$82,541,987

Revenue

2
2

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

$1,140,000
$1,140,000

$2,315,000
$2,315,000

$2,145,000
$2,145,000

$74,350
$74,350

$1,537,318
$1,537,318

Revenue

1
1

$452,000
$452,000

$0
$0

$0
$0

$452,000
$452,000

$10,235
$10,235

$10,235
$10,235

Revenue
Totals for Fredonia
Gila Bend
Totals for Gila Bend

Gilbert

Totals for Gilbert

Glendale

Totals for Glendale

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

$35,415,519

$235,000

$118,051,730

$104,055,000

Guadalupe
Totals for Guadalupe
Hayden
Totals for Hayden

24

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Holbrook
1
1

$3,224,000
$3,224,000

$664,000
$664,000

$342,000
$342,000

$2,218,000
$2,218,000

$68,322
$68,322

$125,266
$125,266

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

1
1

$300,000
$300,000

$90,988
$90,988

$9,017
$9,017

$199,995
$199,995

$9,198
$9,198

$141,640
$141,640

Revenue

2
2

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

$488,000
$488,000

$37,000
$37,000

$775,000
$775,000

$41,038
$41,038

$1,055,476
$1,055,476

Municipal Property Corp
Revenue
Special Assessment

1
3
4
8

$4,455,000
$53,114,188
$13,899,707
$71,468,895

$3,840,000
$6,281,984
$6,815,577
$16,937,561

$615,000
$4,382,712
$1,215,279
$6,212,991

$0
$42,449,492
$5,868,851
$48,318,343

$30,750
$1,562,661
$389,747
$1,983,158

$2,412,858
$6,688,764
$4,790,590
$13,892,212

3
12
15

$89,202,500
$260,422,410
$349,624,910

$19,640,087

$4,258,835

$19,557,235

$6,209,097
$10,467,932

$65,303,578
$219,618,827
$284,922,405

$2,029,462

$34,594,486
$54,234,573

$8,229,168
$10,258,630

$58,365,890
$77,923,125

0
0

$0
$0

$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
3
7

$76,340,000
$42,616,000
$118,956,000

$32,785,000
$0
$32,785,000

$17,330,000
$315,000
$17,645,000

$26,225,000
$42,301,000
$68,526,000

$3,196,615
$1,555,114
$4,751,729

$25,103,211
$1,555,114
$26,658,325

Revenue
Totals for Holbrook
Huachuca City
Totals for Huachuca City

Jerome
Totals for Jerome
Kearny
Totals for Kearny
Kingman

Totals for Kingman
Lake Havasu City
General Obligation

Revenue
Totals for Lake Havasu City

$34,489,105

$0

$114,963,683

$65,777,413

Litchfield Park
Totals for Litchfield Park
Mammoth

Totals for Mammoth
Marana
Municipal Property Corp
Revenue
Totals for Marana

25

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

$2,255,000
$2,255,000

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

$46,350,000
$46,350,000

$11,977,976

$8,006,012

$39,926,588

$38,343,988

$2,244,922
$2,244,922

$344,645,000

$153,578,035

$1,275,038

$511,926,784

$343,369,962

$3,574,000
$1,622,058,350

$14,262,958
$62,241,164
$217,400
$76,721,522

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Maricopa
General Obligation

2
2

General Obligation
Revenue
Special Assessment

15
38
2
55

Totals for Maricopa

$51,605,000
$51,605,000

$5,724,222
$5,724,222

Mesa

Totals for Mesa

$438,110,000

$74,990,000

$1,718,172,810

$369,712,809

$9,116,840
$2,165,399,650

$4,798,840
$449,501,649

$18,475,000
$74,620,651
$744,000
$93,839,651

$1,273,839,350

$81,435,473
$459,145,115
$2,733,271
$543,313,859

Miami

Municipal Property Corp
Revenue

1
1
2

$958,230
$3,250,000
$4,208,230

$0
$882,340
$882,340

$0
$560,000
$560,000

$958,230
$1,807,660
$2,765,890

$0
$6,109
$6,109

$0
$33,689
$33,689

Municipal Property Corp
Revenue

4
2
6

$36,370,000
$18,480,000
$54,850,000

$2,850,000
$4,860,000
$7,710,000

$12,450,000
$840,000
$13,290,000

$21,070,000
$12,780,000
$33,850,000

$1,038,475
$574,006
$1,612,481

$9,309,615
$5,383,215
$14,692,830

Municipal Property Corp
Revenue
Special Assessment

3
6
1
10

$22,835,000
$41,093,633
$3,945,000
$67,873,633

$2,170,000
$3,820,302
$1,510,000
$7,500,302

$405,000
$3,630,851
$1,380,000
$5,415,851

$20,260,000
$33,642,480
$1,055,000
$54,957,480

$931,029
$1,032,368
$80,020
$2,043,417

$6,148,673
$3,893,329
$1,408,693
$11,450,695

Municipal Property Corp
Revenue

1
1
2

$2,710,000
$11,730,000
$14,440,000

$1,223,667
$350,000
$1,573,667

$176,724
$600,000
$776,724

$1,309,609
$10,780,000
$12,089,609

$17,168
$473,938
$491,106

$946,105
$1,071,531
$2,017,636

Municipal Property Corp
Totals for Paradise Valley

1
1

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

$4,055,000
$4,055,000

$1,235,000
$1,235,000

$5,765,000
$5,765,000

$260,937
$260,937

$1,682,458
$1,682,458

3
3

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

$160,000
$160,000

$30,000
$30,000

$2,345,000
$2,345,000

$23,493
$23,493

$198,785
$198,785

Totals for Miami

Nogales

Totals for Nogales
Oro Valley

Totals for Oro Valley
Page

Totals for Page
Paradise Valley

Parker
Revenue

Totals for Parker

26

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Patagonia
Municipal Property Corp

2

$783,235

$63,890

$16,151

$703,194

$9,529

$59,061

Revenue

1
3

$375,000
$1,158,235

$262,750
$326,640

$10,177
$26,328

$102,073
$805,267

$392
$9,921

$8,749
$67,810

General Obligation

2

$3,555,000

$1,560,000

$230,000

$1,765,000

$62,854

$599,250

Revenue

3

$13,695,000

$1,050,082

$501,372

$12,143,546

$228,831

$748,554

Special Assessment

1
6

$875,000
$18,125,000

$290,000
$2,900,082

$50,000
$781,372

$535,000
$14,443,546

$30,800
$322,485

$329,898
$1,677,702

6
4
11
21

$238,760,000
$97,105,000
$138,525,624
$474,390,624

$85,940,000
$13,885,000
$28,025,090
$127,850,090

$9,895,000
$4,205,000
$9,210,038
$23,310,038

$142,925,000
$79,015,000
$101,290,496
$323,230,496

$43,721,833
$17,069,059
$19,405,890
$80,196,782

Totals for Patagonia
Payson

Totals for Payson

$9,957,502

$1,765,000

$33,191,672

$0

Peoria

General Obligation
Municipal Property Corp
Revenue
Totals for Peoria

$63,444,792

$350,000

$211,482,641

$142,575,000

$5,911,360
$3,364,678
$3,573,887
$12,849,925

$1,228,928

$14,260,596

$598,482,790

$363,100,000

$1,994,942,634

$1,132,676,176

$68,797,423

$546,383,283

Phoenix

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

1

$35,465,000

$9,835,000

$1,365,000

$24,265,000

16

$2,235,589,249

$412,744,137

$327,068,936

$1,495,776,176

44

$6,403,527,352

$732,593,009

$681,510,000

$4,989,424,343

$264,612,444

$1,838,281,082

6

$20,808,542

$3,107,309

$883,488

$16,817,745

$525,373

$2,033,069

2
69

$185,476
$8,695,575,619

$60,476
$1,158,339,931

$18,000
$1,010,845,424

$107,000
$6,526,390,264

$8,004
$335,172,172

$45,858
$2,401,003,888

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$1,935,000
$1,935,000

$185,000
$185,000

$0
$0

$8,325
$8,325

$817,886
$817,886

1
5
9
2
17

$1,510,000
$55,310,000
$79,502,693
$4,390,000
$140,712,693

$830,000
$6,656,000
$10,283,947
$3,695,000
$21,464,947

$160,000
$11,901,000
$3,475,670
$695,000
$16,231,670

$520,000
$36,753,000
$65,743,076
$0
$103,016,076

$27,200
$1,907,275
$1,628,742
$25,335
$3,588,552

$316,601
$12,252,938
$5,226,801
$1,633,610
$19,429,950

Pima
Totals for Pima

Pinetop-Lakeside
Municipal Property Corp
Totals for Pinetop-Lakeside
Prescott
General Obligation
Municipal Property Corp
Revenue
Special Assessment
Totals for Prescott

27

$30,614,095

$0

$102,046,983

$520,000

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Prescott Valley
Certificate of Participation

1

$15,910,000

$3,100,000

$695,000

$12,115,000

$540,312

$3,625,491

Municipal Property Corp

4

$38,045,000

$4,555,000

$1,990,000

$31,500,000

$1,468,593

$4,063,239

3
1
9

$30,937,470
$5,100,000
$89,992,470

$11,464,780
$4,781,000
$23,900,780

$2,169,322
$157,000
$5,011,322

$17,303,368
$162,000
$61,080,368

$730,139
$25,041
$2,764,085

$6,051,065
$3,645,053
$17,384,848

Municipal Property Corp

1

$7,215,000

$6,275,000

$292,468

$2,405,908

3
4

$5,373,112
$12,588,112

$790,000
$1,603,557
$2,393,557

$150,000

Revenue

$181,314
$331,314

$3,588,241
$9,863,241

$81,850
$374,318

$1,143,436
$3,549,344

Revenue

11

$154,680,000

$25,342,451

$5,013,756

$124,323,793

$3,991,167

$32,555,627

Special Assessment

1
12

$54,080,000
$208,760,000

$6,715,000
$32,057,451

$1,550,000
$6,563,756

$45,815,000
$170,138,793

$2,368,250
$6,359,417

$19,744,831
$52,300,458

Revenue

6
6

$23,320,000
$23,320,000

$5,620,239
$5,620,239

$1,216,407
$1,216,407

$16,483,354
$16,483,354

$701,794
$701,794

$5,015,856
$5,015,856

Revenue

4
4

$54,531,178
$54,531,178

$11,088,343
$11,088,343

$2,381,333
$2,381,333

$41,061,502
$41,061,502

$1,799,900
$1,799,900

$13,293,456
$13,293,456

Municipal Property Corp
Revenue

4
5
9

$114,050,000
$21,260,550
$135,310,550

$7,990,000
$82,630
$8,072,630

$24,800,000
$1,045,019
$25,845,019

$81,260,000
$20,132,901
$101,392,901

$5,012,924
$1,170,543
$6,183,467

$35,908,406
$5,280,264
$41,188,670

Certificate of Participation
General Obligation
Revenue

1
15
17
33

$20,000,000
$966,545,000
$875,520,000
$1,862,065,000

$3,997,529
$230,260,000
$266,595,000
$500,852,529

$2,088,916
$117,220,000
$46,510,000
$165,818,916

$13,913,555
$619,065,000
$562,415,000
$1,195,393,555

$459,763
$23,995,504
$27,188,528
$51,643,795

$2,066,143
$219,368,669
$198,736,187
$420,170,999

Municipal Property Corp
Revenue

1
5
6

$41,035,000
$65,815,000
$106,850,000

$34,730,000
$11,465,000
$46,195,000

$0
$14,010,000
$14,010,000

$6,305,000
$40,340,000
$46,645,000

$0
$2,077,929
$2,077,929

$13,508,146
$17,928,335
$31,436,481

Revenue
Special Assessment
Totals for Prescott Valley
Quartzsite

Totals for Quartzsite
Queen Creek

Totals for Queen Creek
Safford
Totals for Safford

Sahuarita
Totals for Sahuarita
San Luis

Totals for San Luis
Scottsdale

Totals for Scottsdale

$289,671,034

$65,944,091

$965,570,113

$553,120,909

Sedona

Totals for Sedona

28

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Show Low
Revenue

5
5

$17,605,000
$17,605,000

$3,214,165
$3,214,165

$917,765
$917,765

$13,473,070
$13,473,070

$556,320
$556,320

$3,469,827
$3,469,827

Municipal Property Corp

2
2

$32,520,000
$32,520,000

$9,200,000
$9,200,000

$2,515,000
$2,515,000

$20,805,000
$20,805,000

$930,220
$930,220

$6,077,653
$6,077,653

Revenue

4
4

$9,873,000
$9,873,000

$1,603,000
$1,603,000

$2,895,000
$2,895,000

$5,375,000
$5,375,000

$134,282
$134,282

$2,145,587
$2,145,587

Municipal Property Corp
Revenue

3
7
10

$7,216,848
$17,873,363
$25,090,211

$635,732
$3,233,888
$3,869,620

$173,527
$1,598,239
$1,771,766

$6,407,589
$13,041,236
$19,448,825

$224,961
$227,617
$452,578

$1,646,420
$3,007,363
$4,653,783

Municipal Property Corp
Totals for South Tucson

1
1

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

$130,000
$130,000

$10,000
$10,000

$7,765,000
$7,765,000

$462,888
$462,888

$3,117,958
$3,117,958

Revenue

2
2

$1,303,218
$1,303,218

$0
$0

$0
$0

$1,303,218
$1,303,218

Municipal Property Corp
Revenue

1
3
4

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

$53,973
$2,023,635
$2,077,608

$73,920
$100,976
$174,896

$1,129,107
$1,281,434
$2,410,541

$38,004
$49,368
$87,372

$84,219
$192,257
$276,476

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1
2

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

$607,140
$335,000
$942,140

$100,000
$55,000
$155,000

$492,860
$110,000
$602,860

$17,985
$5,075
$23,060

$1,001,133
$107,813
$1,108,946

Totals for Show Low
Sierra Vista
Totals for Sierra Vista

Snowflake
Totals for Snowflake
Somerton

Totals for Somerton
South Tucson

Springerville
Totals for Springerville

**

**

St. Johns

Totals for St. Johns

Star Valley
Totals for Star Valley
Superior
Municipal Property Corp
Revenue
Totals for Superior

** Cities with a population less than 2,500 persons are not required to report interest.
29

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Surprise
Municipal Property Corp

2
2

$93,535,000
$93,535,000

$14,335,000
$14,335,000

$8,190,000
$8,190,000

$71,010,000
$71,010,000

$3,701,514
$3,701,514

$33,989,724
$33,989,724

Revenue

3
3

$5,032,113
$5,032,113

$658,853
$658,853

$230,910
$230,910

$4,142,350
$4,142,350

$95,878
$95,878

$628,112
$628,112

18
13
31

$597,725,000
$328,755,302
$926,480,302

$165,785,000
$82,384,399
$248,169,399

$45,240,000
$13,104,349
$58,344,349

$386,700,000
$233,266,554
$619,966,554

$16,519,955
$10,456,993
$26,976,948

$121,442,257
$59,534,871
$180,977,128

Revenue

1
1

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

$330,000
$330,000

$95,000
$95,000

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

$95,581
$95,581

$655,748
$655,748

General Obligation
Municipal Property Corp
Revenue

5
1
1
7

$42,270,000
$9,100,000
$4,000,000
$55,370,000

$5,776,989
$1,320,000
$606,508
$7,703,497

$3,332,221
$350,000
$164,356
$3,846,577

$33,160,790
$7,430,000
$3,229,136
$43,819,926

$1,385,425
$357,562
$112,121
$1,855,108

$7,230,008
$1,940,042
$595,731
$9,765,781

Revenue

2
2

$1,586,500
$1,586,500

$183,400
$183,400

$22,000
$22,000

$1,381,100
$1,381,100

Certificate of Participation

15

$386,220,000

$94,725,000

$32,260,000

$259,235,000

General Obligation

18

$386,300,000

$152,850,000

$18,690,000

$214,760,000

Revenue
Special Assessment

43
11
87

$915,351,788
$5,198,777
$1,693,070,565

$242,986,712
$3,192,777
$493,754,489

$37,133,529
$429,000
$88,512,529

0
0

$0
$0

$0
$0

$0
$0

Totals for Surprise
Taylor
Totals for Taylor

Tempe
General Obligation
Revenue
Totals for Tempe

$90,797,956

$37,445,000

$302,659,854

$349,255,000

Thatcher
Totals for Thatcher
Tolleson

Totals for Tolleson

$9,735,269

$0

$32,450,896

$33,160,790

Tombstone
Totals for Tombstone

**

**

Tucson

Totals for Tucson

$9,436,215

$82,568,307

$9,913,506

$144,579,203

$635,231,547
$1,577,000
$1,110,803,547

$25,618,469
$92,607
$45,060,797

$209,790,398
$2,266,227
$439,204,135

$0
$0

$0
$0

$0
$0

$189,062,537

$0

$630,208,457

$214,760,000

Tusayan
Totals for Tusayan

** Cities with a population less than 2,500 persons are not required to report interest.
30

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Wellton
0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Revenue

1
1

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

$1,353,793
$1,353,793

$4,764
$4,764

$1,641,443
$1,641,443

$54,280
$54,280

$510,145
$510,145

General Obligation
Municipal Property Corp
Revenue

3
1
3
7

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

$774,000
$1,265,000
$637,058
$2,676,058

$126,000
$220,000
$68,957
$414,957

$715,000
$1,815,000
$1,445,685
$3,975,685

$31,503
$92,983
$61,723
$186,209

$573,989
$1,008,478
$772,579
$2,355,046

Revenue

9
9

$33,459,561
$33,459,561

$8,510,650
$8,510,650

$3,919,683
$3,919,683

$21,029,228
$21,029,228

$902,339
$902,339

$8,649,486
$8,649,486

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

4
4

$7,878,750
$7,878,750

$2,399,274
$2,399,274

$1,481,074
$1,481,074

$3,998,402
$3,998,402

$203,559
$203,559

$3,045,624
$3,045,624

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

6
3
9

$275,885,000
$90,414,920
$366,299,920

$64,150,000
$35,604,849
$99,754,849

$11,235,000
$4,794,841
$16,029,841

$200,500,000
$50,015,230
$250,515,230

$9,976,402
$1,921,050
$11,897,452

$75,033,062
$25,796,145
$100,829,207

Totals for Wellton
Wickenburg
Totals for Wickenburg

Willcox

Totals for Willcox

$1,321,790

$0

$4,405,967

$715,000

Williams
Totals for Williams
Winkelman
Totals for Winkelman
Winslow
Revenue

Totals for Winslow
Youngtown
Totals for Youngtown

Yuma
Municipal Property Corp
Revenue
Totals for Yuma

31

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TABLE 2
CITY/TOWN FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
CITY NAME

Bond Type

Certificate of Participation

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

6% CAPACITY

6% DEBT

20% CAPACITY

20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

21

$468,060,000

$115,377,529

$39,418,916

$313,263,555

$11,924,776

$105,952,035

General Obligation

163

$6,395,797,864

$1,515,047,697

$646,372,036

$4,234,378,131

$186,054,903

$1,507,353,561

Municipal Property Corp

125

$8,338,439,665

$1,103,894,389

$821,158,362

$6,413,386,914

$338,293,870

$2,358,185,641

Revenue

397

$6,519,785,660

$1,438,176,153

$353,129,322

$4,728,480,185

$205,022,771

$1,451,035,469

27

$111,975,800

$36,613,670

$7,258,279

$68,103,851

$3,745,169

$41,172,191

733

$21,834,058,989

$4,209,109,438

$1,867,336,915

$15,757,612,636

$745,041,489

$5,463,698,897

Special Assessment

Grand Totals:

32

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COMMUNITY COLLEGES
As of June 30, 2014, community colleges reported total outstanding debt of $897.7 million
(outstanding bonds of $867.4 million and outstanding leases of $30.2 million), a 7.7% decrease
from the prior fiscal year. For FY 2013, community colleges reported total outstanding debt of
$973.0 million (outstanding bonds of $939.5 million and outstanding leases of $33.5 million).
Community college bonded indebtedness can consist of general obligation debt, revenue bonds
and certificates of participation. As of June 30, 2014 these types of outstanding debt totaled $867.4
million for community colleges, a 7.7% decrease from the $939.5 million reported for FY 2013.
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, 2014:

 $845.3 million in general obligation debt, reported by five community colleges, and
 $22.1 million in revenue bonds, reported by four community colleges.
During FY 2013/14, $100.7 million of outstanding principal was retired or refunded. Of the 12
community colleges, Eastern Arizona College, Gila County Provisional College, Northland Pioneer
College, Pima College and Santa Cruz County Provisional College reported no outstanding bonded
indebtedness.
Community College lease purchases represent debt issued with a term in excess of one year. As of
June 30, 2014, lease purchases totaled $30.2 million for community colleges, a 9.7% decrease
from the $33.5 million reported for FY 2013. Of the 12 community colleges, Arizona Western,
Coconino College, Eastern Arizona College, Pima College and Santa Cruz Provisional College
reported no outstanding lease purchases. Detail of outstanding lease purchases can be found in
Table 44. Table 45 lists the community colleges that reported no lease purchases.
The following table lists debt by community college ranked from highest debt to lowest debt.
COMMUNITY COLLEGE
Maricopa
Central Arizona 2
Arizona Western 3
Yavapai
Cochise
Coconino
Mohave
Northland Pioneer 4
Gila Provisional
Eastern Arizona 5
Pima
Santa Cruz Provisional
Total

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL
OUTSTANDING DEBT

$654,190,000
$92,460,000
$59,940,000
$37,395,000
$9,975,000
$9,465,000
$4,020,000
$0
$0
$0
$0
$0
$867,445,000

$25,000
$7,658,551
$0
$11,310,505
$10,100,000
$0
$1,064,471
$57,745
$5,308
$0
$0
$0
$30,221,580

$654,215,000
$100,118,551
$59,940,000
$48,705,505
$20,075,000
$9,465,000
$5,084,471
$57,745
$5,308
$0
$0
$0
$897,666,580

Please note that the outstanding balances listed in the report should reflect all indebtedness as of
June 30, 2014. However, the year-end balances should reflect any July 1, 2014 payments, if the
payment amount has been deposited into a dedicated fund for the payment of the principal.

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

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GENERAL OBLIGATION DEBT
Total outstanding general obligation debt for Community Colleges as of June 30, 2014 was $845.3
million, or 97.4% of outstanding Community College debt. Arizona Western, Central Arizona,
Coconino, Maricopa, 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 Colleges that reported general obligation debt had available capacity as shown
on the following table.
COMMUNITY COLLEGE
Arizona Western
Central Arizona
Coconino
Maricopa
Yavapai

CURRENT CAPACITY
$203,420,017
$300,801,530
$229,959,792
$4,834,351,022
$341,951,478

% OF CAPACITY
USED

DEBT
$59,940,000
$89,040,000
$9,465,000
$654,190,000
$32,670,000

29.5%
29.6%
4.1%
13.5%
9.6%

REVENUE BONDS
Central Arizona, Cochise, Mohave, and Yavapai 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 2013/14 was $22.1 million, after retiring and refunding $1.7 million
during the fiscal year.
CERTIFICATES OF PARTICIPATION
There were no outstanding certificates of participation bonds in FY 2013/14.
NEW BONDS
During FY 2013/14, Arizona Western issued one new issue for a total of $28.7 million for
refunding. Detail of new bond issues can be found in Section Two and Table 40.
LEASE PURCHASES
Lease purchases represent debt issued with a term greater than one year. As of June 30, 2014,
seven community colleges reported outstanding lease purchases of $30.2 million. Detail of
outstanding lease purchases can be found in Table 44. Table 45 lists the community colleges that
reported no lease purchases.
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 on bonds during FY
2013/14 of $ 35.4 million on $867.4 million of outstanding principal as of June 30, 2014, and
$245.0 million interest paid to date on 23 bond issues with an original principal of $1.4 billion. An
additional $1.5 million in interest paid during FY 2013/14 was paid on $30.2 million outstanding
leases and $10.4 million interest paid to date on 18 issues
PER STUDENT AND 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. 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
Yavapai
Arizona Western
Maricopa

PER STUDENT
BOND DEBT

PER STUDENT
LEASE DEBT

PER STUDENT
TOTAL DEBT

$16,810.91
$9,233.33
$10,393.62
$7,391.98

$1,392.46
$2,792.72
$0.00
$0.28

$18,203.37
$12,026.05
$10,393.62
$7,392.26

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COMMUNITY COLLEGE
Coconino
Cochise
Mohave
Northland Pioneer
Gila Provisional

PER STUDENT
BOND DEBT
$4,507.14
$1,262.66
$1,256.25
$0.00
$0.00

PER STUDENT
LEASE DEBT
$0.00
$1,278.48
$332.65
$28.87
$5.59

PER STUDENT
TOTAL DEBT
$4,507.14
$2,541.14
$1,588.90
$28.87
$5.59

The student population counts used to calculate the per student debt are provided by the State
Board of Community Colleges for the FY 2013/14 expenditure limitation calculation.
Using the per capita measure, Arizona Western has the most debt per capita, as can be seen on
the following table.
COMMUNITY COLLEGE
Arizona Western
Central Arizona
Yavapai
Maricopa
Cochise
Coconino
Mohave
Northland Pioneer
Gila Provisional

PER CAPITA
BOND DEBT

PER CAPITA
LEASE DEBT

$260.27
$234.78
$175.32
$165.83
$76.20
$69.75
$19.75
$0.00
$0.00

$0.00
$19.45
$53.03
$0.01
$77.15
$0.00
$5.23
$0.53
$0.10

PER CAPITA
TOTAL DEBT
$260.27
$254.23
$228.35
$165.84
$153.35
$69.75
$24.97
$0.53
$0.10

The population measure used to calculate per capita debt is the July 1, 2013 Department of
Administration’s estimate.

35

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TABLE 3
COMMUNITY COLLEGE FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Arizona Western

General Obligation
Totals for Arizona Western

3
3

$102,515,000
$102,515,000

$11,260,000
$11,260,000

$31,315,000
$31,315,000

$59,940,000
$59,940,000

$203,420,017

2

$98,975,000

$7,635,000

$2,300,000

$89,040,000

$300,801,530

1
3

$10,500,000
$109,475,000

$6,315,000
$13,950,000

$765,000
$3,065,000

$3,420,000
$92,460,000

1
1

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

$505,000
$505,000

$115,000
$115,000

$9,975,000
$9,975,000

1
1

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

$6,050,000
$6,050,000

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

$9,465,000
$9,465,000

0
0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

7

$1,051,775,000

1
8

$7,655,000
$1,059,430,000

2
2

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

$59,940,000

$2,480,675

$25,589,214

$2,480,675

$25,589,214

$3,890,118

$14,464,439

$179,638

$3,186,406

$4,069,756

$17,650,845

$505,475

$3,091,563

$505,475

$3,091,563

$438,863

$2,695,141

$438,863

$2,695,141

$0
$0

$0

$0

$0

$0

$0
$0

$0
$0

$0

$0

$0

$0

$339,040,000

$58,545,000

$654,190,000

$26,408,871

$168,693,173

$7,245,000
$346,285,000

$410,000
$58,955,000

$0
$654,190,000

$8,200

$2,457,759

$26,417,071

$171,150,932

$700,000
$700,000

$95,000
$95,000

$4,020,000
$4,020,000

$169,713

$1,364,810

$169,713

$1,364,810

Central Arizona
General Obligation
Revenue
Totals for Central Arizona

$89,040,000

Cochise

Revenue
Totals for Cochise
Coconino
General Obligation
Totals for Coconino

$229,959,792

$9,465,000

Eastern Arizona College

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

$4,834,351,022

$654,190,000

Mohave
Revenue
Totals for Mohave

36

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TABLE 3
COMMUNITY COLLEGE FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
COMMUNITY COLLEGE NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY

15% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Northland Pioneer College

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

Totals for Northland Pioneer College

$0

$0

General Obligation
Totals for Pima

1
1

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

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

$1,355,000
$1,355,000

$0
$0

$67,750

$14,837,267

$67,750

$14,837,267

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

$0

$0

3

$57,590,000

$20,980,000

$3,940,000

$32,670,000

$1,109,600

$8,456,781

1
4

$5,000,000
$62,590,000

$0
$20,980,000

$275,000
$4,215,000

$4,725,000
$37,395,000

$128,625

$128,625

$1,238,225

$8,585,406

17

$1,357,990,000

$413,610,000

$99,075,000

$845,305,000

$34,395,877

$234,736,015

6

$38,565,000

$14,765,000

$1,660,000

$22,140,000

$991,651

$10,229,163

23

$1,396,555,000

$428,375,000

$100,735,000

$867,445,000

$35,387,528

$244,965,178

Pima

Santa Cruz County Provisional

Totals for Santa Cruz County Provisional
Yavapai College
General Obligation
Revenue
Totals for Yavapai College

General Obligation

Revenue
Grand Totals:

37

$341,951,478

$32,670,000

Return to Table of Contents

38

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SCHOOL DISTRICTS
As of June 30, 2014, school districts reported a total outstanding debt of $4.7 billion (outstanding
bonds of $4.4 billion and outstanding leases of $0.3 billion), a 3.4% increase from the prior fiscal
year. For FY 2013, school districts reported total outstanding debt of $4.5 billion (outstanding bonds
of $4.3 billion and outstanding leases of $0.2 billion).
School districts can incur general obligation debt, which is subject to constitutional debt limitations.
For Class A general obligation bonds, elementary schools and high schools have a debt limitation
of 15% of ad valorem valuation; unified school districts have a limit of 30%.
Class B general obligation bonds are subject to a lower debt limitation. Elementary schools and high
schools are subject to a debt limitation of 10% of ad valorem valuation or $1,500 per student based on
average daily membership, whichever is greater. Unified school districts have a limit of 20% or $1,500
per student based on average daily membership, whichever is greater. Class B debt limits were
increased pursuant to HB 2003 (Laws 2013, Chapter 3).
Of the 223 school districts that reported, 105 had no bonded indebtedness in FY 2013/14. Five school
districts (Grand Canyon USD and Tuba City USD in Coconino County; Baboquivari USD in Pima
County; Stanfield ESD in Pinal County and Yuma ESD in Yuma County ) retired all outstanding debt
as of June 30, 2014. The remaining 118 school districts had outstanding indebtedness of a total of
$4.4 billion, a 1.8% increase from the $4.3 billion reported in FY 2012/13:






$270.9 million in Class A general obligation debt, reported by 40 school districts;
$4.1 billion in Class B general obligation debt, reported by 99 school districts;
$32.8 million in Impact Aid revenue bonds, reported by six school districts.
$2.2 million in Certificates of Participation by one school district.

Detail of the outstanding indebtedness of Arizona school districts can be found in Tables 4 through 19.
The following table shows the number of reporting school districts in each county with and without
outstanding bonded indebtedness as of June 30, 2014.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Pima
Pinal
Santa Cruz
Yavapai
Yuma
Total

# WITH B.I.

# WITHOUT B.I.

4
5
2
1
3
1
2
50
6
9
10
12
1
6
6
118

7
16
6
7
4
4
4
8
7
2
9
7
5
16
3
105

Within school districts that have outstanding bonded indebtedness, the average debt per student was
$5,569. (There are 52 school districts with a higher debt-per-student figure.)

39

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The following table lists total outstanding school district debt by county ranked from highest debt to
lowest debt as of June 30, 2014.
COUNTY TOTAL
FOR SCHOOL
DISTRICTS

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL
OUTSTANDING
DEBT

$114,850,000
$3,258,726,412

$7,207,803
$157,066,239

$122,057,803
$3,415,792,651

$6,426.97
$5,794.06

$6,830.32
$6,073.33

Pinal

$210,162,502

$5,676,230

$215,838,732

$5,498.47

$5,646.98

Pima

$545,205,000

$41,457,894

$586,662,894

$4,726.45

$5,085.85

Gila

$32,215,000

$1,043,390

$33,258,390

$4,723.61

$4,876.60

Mohave

$72,625,000

$4,698,548

$77,323,548

$3,909.40

$4,162.33

Navajo

$53,470,000

$9,922,675

$63,392,675

$3,172.16

$3,760.84

Coconino

$44,455,000

$881,541

$45,336,541

$3,047.99

$3,108.44

Apache

$26,300,000

$6,195

$26,306,195

$2,472.50

$2,473.08

Cochise

$24,555,000

$3,349,195

$27,904,195

$1,807.77

$2,054.35

Yavapai
Maricopa

Graham

BOND DEBT
PER
STUDENT

TOTAL DEBT
PER
STUDENT

$9,400,000

$1,298,758

$10,698,758

$1,514.91

$1,724.22

$30,115,000

$13,401,190

$43,516,190

$910.12

$1,315.13

Santa Cruz

$5,640,000

$3,811,796

$9,451,796

$615.18

$1,030.96

Greenlee

$1,030,000

$162,865

$1,192,865

$621.23

$719.46

$685,000

$155,758

$840,758

$291.74

$358.07

$4,429,433,914

$250,140,077

$4,679,573,991

$5,106.59

$288.38

Yuma

La Paz
Total

The debt per student figures shown on the above table is calculated using the Arizona Department of
Education's preliminary 100th day average daily membership student count for FY 2013/14 for all
districts.
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, 2014. However, the year-end balances should reflect any
July 1, 2014 payments if the payment amount has been deposited into a dedicated fund for the
payment of the principal.
GENERAL OBLIGATION DEBT
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. 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%.
For Class B bonds, elementary schools and high schools are subject to a debt limitation of 10% of
ad valorem valuation or $1,500 per student based on average daily membership, whichever is
greater. Unified school districts have a limit of 20% or $1,500 per student based on average daily
membership, whichever is greater. Cartwright ESD in Maricopa County uses the $1,500 per student
for it’s debt limitation. Joint Technical districts have a limit of 1% of ad valorem valuation. HB 2003
(Laws 2013, Chapter 3) increased the debit limits for Class B bonds from 5% to 10% for elementary
and high school districts and from 10% to 20% for unified districts.
Class A general obligation bonds were reported by 40 school districts for FY 2013/14, with an
outstanding balance at the end of the fiscal year of $270.9 million. There were 99 school districts that
reported Class B general obligation bonds with an outstanding balance of $4.1 billion.
While three school districts have outstanding debt that exceeds their current capacity based on
current valuation or student counts, debt in excess of current capacity is not a reflection of the
validity of the bonds at the time they were issued. In each case the school districts either had

40

Return to Table of Contents

cash on hand at the time of a new issue, or nothing new has been issued and valuations have
fallen. All school districts are in compliance with debt limits.
The following table measures the current outstanding debt against the current capacity based on
the current valuation or student counts for Class B general obligation bonds. Detail for Class A
and Class B general obligation bonds can be found in Table 4 through Table 18.

SCHOOL DISTRICT

COUNTY

Agua Fria UHSD
Amphitheater USD
Antelope UHSD
Apache Junction USD
Arlington ESD
Avondale ESD
Balsz ESD

Maricopa
Pima
Yuma
Pinal
Maricopa
Maricopa
Maricopa
Yavapai
Cochise
Navajo
Maricopa
Maricopa
Maricopa
Pinal
Pinal
Pima
Maricopa
Maricopa
Mohave
Apache
Pima
Pinal
Yuma
Maricopa
Maricopa
Cochise
Maricopa
Pinal
Coconino
Pinal
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Navajo

Beaver Creek ESD 6
Benson USD
Blue Ridge USD
Buckeye ESD
Buckeye UHSD
Cartwright ESD 7
Casa Grande ESD
Casa Grande UHSD
Catalina Foothills USD
Cave Creek USD
Chandler USD
Colorado River UHSD
Concho ESD
Continental ESD
Coolidge USD
Crane ESD
Creighton ESD
Deer Valley USD
Douglas USD
Dysart USD
Eloy ESD
Flagstaff USD
Florence USD
Flowing Wells USD
Fountain Hills USD
Fowler ESD
Gila Bend USD
Gilbert USD
Glendale ESD
Glendale UHSD
Heber-Overgaard USD

#

CLASS B
CURRENT
CAPACITY

216
10
50
43
47
44
31
26
9
32
33
201
83
4
82
16
93
80
2
6
39
21
13
14
97
27
89
11
1
1
8
98
45
24
41
40
205
6

$87,881,099
$278,872,264
$7,508,199
$69,779,023
$28,707,871
$30,131,772
$25,278,366
$2,674,756
$15,221,071
$49,533,893
$15,711,277
$64,016,202
$26,749,500
$40,522,810
$51,258,990
$110,070,957
$315,895,750
$401,004,989
$49,395,610
$2,834,162
$30,532,075
$33,077,734
$19,343,886
$33,402,991
$399,511,130
$14,506,696
$205,613,672
$2,166,298
$206,859,510
$49,604,210
$37,762,224
$76,134,518
$22,781,111
$29,522,131
$290,475,682
$22,950,753
$129,086,310
$16,814,924

DEBT
$44,545,000
$106,770,000
$1,620,000
$26,425,000
$2,275,000
$28,650,000
$18,345,000
$3,255,000
$6,225,000
$19,560,000
$14,177,000
$43,735,000
$25,475,000
$7,800,000
$27,045,000
$25,850,000
$13,750,000
$194,762,500
$2,805,000
$890,000
$15,495,000
$31,675,000
$7,450,000
$30,400,000
$190,775,000
$6,295,000
$157,145,000
$1,390,000
$39,150,000
$39,700,000
$18,740,000
$11,475,000
$5,400,000
$2,545,000
$113,950,000
$21,040,000
$101,395,000
$8,335,000

% OF
CAPACITY
USED
50.7%
38.3%
21.6%
37.9%
7.9%
95.1%
72.6%
121.7%
40.9%
39.5%
90.2%
68.3%
95.2%
19.2%
52.8%
23.5%
4.4%
48.6%
5.7%
31.4%
50.7%
95.8%
38.5%
91.0%
47.8%
43.4%
76.4%
64.2%
18.9%
80.0%
49.6%
15.1%
23.7%
8.6%
39.2%
91.7%
78.5%
49.6%

6 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.
7 Current capacity for Cartwright ESD is based on $1,500 per student.

41

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SCHOOL DISTRICT

COUNTY

Higley USD 8
Holbrook USD
Humboldt USD
J O Combs USD
Joseph City USD
Kingman USD
Kyrene ESD
Laveen ESD
Liberty ESD
Litchfield ESD
Littlefield USD
Littleton ESD
Madison ESD
Marana USD
Maricopa USD
Mayer USD
Mesa USD
Mingus UHSD
Murphy ESD
Nadaburg USD
Osborn ESD
Palo Verde ESD
Paradise Valley USD
Payson USD
Pendergast ESD
Peoria USD
Phoenix ESD
Phoenix UHSD
Pima USD
Prescott USD
Queen Creek USD
Ray USD
Riverside ESD
Roosevelt ESD
Round Valley USD
Saddle Mountain USD
Safford USD
Sahuarita USD
Santa Cruz Valley UHSD
Santa Cruz Valley USD
Scottsdale USD
Sedona-Oak Creek USD
Snowflake USD
Somerton ESD
Sunnyside USD

Maricopa
Navajo
Yavapai
Pinal
Navajo
Mohave
Maricopa
Maricopa
Maricopa
Maricopa
Mohave
Maricopa
Maricopa
Pima
Pinal
Yavapai
Maricopa
Yavapai
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Gila
Maricopa
Maricopa
Maricopa
Maricopa
Graham
Yavapai
Maricopa
Pinal
Maricopa
Maricopa
Apache
Maricopa
Graham
Pima
Pinal
Santa Cruz
Maricopa
Yavapai
Navajo
Yuma
Pima

#

CLASS B
CURRENT
CAPACITY

60
3
22
44
2
20
28
59
25
79
9
65
38
6
20
43
4
4
21
81
8
49
69
10
92
11
1
210
6
1
95
3
2
66
10
90
1
30
109
35
48
9
5
11
12

$84,397,051
$9,953,113
$64,219,870
$22,848,670
$34,314,066
$114,841,930
$163,814,147
$16,225,731
$17,291,618
$57,749,327
$4,993,400
$20,419,430
$82,305,105
$142,883,716
$44,723,001
$7,170,607
$486,118,197
$25,773,572
$9,287,712
$5,115,575
$37,524,383
$2,305,436
$553,083,980
$47,409,567
$25,081,035
$270,062,123
$59,778,634
$408,806,528
$2,797,166
$141,257,231
$45,158,749
$12,326,417
$32,534,165
$48,008,878
$71,923,925
$159,988,000
$20,852,690
$70,668,731
$10,881,779
$30,152,224
$841,183,811
$67,524,543
$18,691,710
$5,900,993
$84,184,065

8 Higley USD had cash on hand when a new bond was issued.

42

DEBT
$84,650,000
$2,805,000
$35,345,000
$16,110,000
$2,395,000
$61,340,000
$132,898,950
$10,500,000
$7,045,000
$30,000,000
$1,445,000
$11,845,000
$50,645,000
$51,675,000
$39,795,000
$1,575,000
$246,950,000
$9,995,000
$8,650,000
$1,010,000
$30,700,000
$440,000
$243,050,000
$32,215,000
$20,235,000
$150,818,584
$37,895,000
$280,580,000
$525,000
$4,445,000
$28,280,000
$745,710
$27,865,000
$47,410,000
$6,385,000
$25,000,000
$1,375,000
$39,545,000
$4,104,792
$5,640,000
$234,302,500
$54,160,000
$5,995,000
$945,000
$30,130,000

% OF
CAPACITY
USED
100.3%
28.2%
55.0%
70.5%
7.0%
53.4%
81.1%
64.7%
40.7%
51.9%
28.9%
58.0%
61.5%
36.2%
89.0%
22.0%
50.8%
38.8%
93.1%
19.7%
81.8%
19.1%
43.9%
68.0%
80.7%
55.8%
63.4%
68.6%
18.8%
3.1%
62.6%
6.0%
85.6%
98.8%
8.9%
15.6%
6.6%
56.0%
37.7%
18.7%
27.9%
80.2%
32.1%
16.0%
35.8%

Return to Table of Contents

SCHOOL DISTRICT

COUNTY

Tanque Verde USD
Tempe ESD
Tempe UHSD

Pima
Maricopa
Maricopa
Graham
Maricopa
Maricopa
Pinal
Pima
Maricopa
Pima
Maricopa
Cochise
Maricopa
Apache
Yuma

Thatcher USD 9
Tolleson ESD
Tolleson UHSD
Toltec ESD
Tucson USD
Union ESD
Vail USD
Washington ESD
Willcox USD
Wilson ESD
Window Rock USD
Yuma UHSD

#

CLASS B
CURRENT
CAPACITY

13
3
213
4
17
214
22
1
62
20
6
13
7
8
70

$34,141,950
$120,586,025
$284,400,172
$7,019,234
$13,835,588
$86,262,701
$7,082,778
$605,871,282
$4,145,537
$82,896,461
$106,135,557
$13,253,538
$8,379,632
$3,065,688
$105,649,942

DEBT
$12,335,000
$79,895,000
$75,475,000
$7,500,000
$8,790,000
$43,815,000
$3,135,000
$194,885,000
$2,065,000
$42,973,840
$47,800,000
$11,200,000
$4,485,000
$2,110,000
$17,190,000

% OF
CAPACITY
USED
36.1%
66.3%
26.5%
106.8%
63.5%
50.8%
44.3%
32.2%
49.8%
51.8%
45.0%
84.5%
53.5%
68.8%
16.3%

CERTIFICATES OF PARTICIPATION
The outstanding balance of this type of debt at the end of FY 2013/14 was $2,255,000 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 six districts that have Impact Aid Revenue
Bonds outstanding: Ganado USD and Window Rock USD in Apache County; Page USD in Coconino
County; and Cedar USD, Whiteriver USD and Winslow USD in Navajo County. The outstanding
balance of this type of debt at the end of FY 2013/14 was $32.85 million.
NEW ISSUES
During FY 2013/14, 39 Arizona school districts reported issuing 51 new bonds and lease purchases
totaling $742.4 million; $137.9 million was attributed to refunding. Detail of new bonds issued can be
found in Section Two and Table 41.
LEASE PURCHASES
Lease purchases and third party financing contracts represent debt issued with a term greater than
one year. As of June 30, 2014, 104 school districts reported outstanding lease purchases of $250.1
million, a 43.8% increase compared to the $174.0 million reported in the prior fiscal year. Detail of
lease purchases can be found in Section Three and Tables 44 and 45.
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 on bonds
during FY 2013/14 of $222.9 million on $4.4 billion of outstanding principal as of June 30, 2014 and
$1.4 billion interest paid to date on bonds with an original principal of $7.3 billion. An additional $7.5
million in interest was paid during FY 2013/14 and $25.7 million interest paid to date on lease
purchases.
PER STUDENT DEBT
Table 19 shows bonded indebtedness for each school district with outstanding debt, in order from
most debt to least debt. It also has debt per student for each district with rank order noted. Again,
9 Thatcher USD had cash on hand when a new bond was issued.

43

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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, 2014.
As shown on Table 19, Phoenix Union High School District in Maricopa County has the largest
amount of outstanding bonded indebtedness among all school districts as of June 30, 2014, at $299.5
million. In terms of debt per student, however, Phoenix Union High School District ranks 13th at
$11,439. The school district with the highest debt per student is Buckeye Union High School District in
Maricopa Counties, at $50,842 in outstanding debt per student.
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.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Pima
Pinal
Santa Cruz
Yavapai
Yuma

PER CAPITA
BOND DEBT
$364.37
$187.58
$327.61
$600.24
$248.20
$94.38
$32.65
$826.07
$356.72
$491.93
$547.37
$533.66
$114.59
$538.46
$143.87

PER CAPITA
LEASE DEBT
$11.26
$1.61
$0.00
$0.63
$28.93
$209.52
$4.47
$0.00
$0.00
$5.33
$0.64
$1.44
$190.00
$102.35
$0.00

PER CAPITA
TOTAL DEBT
$375.62
$189.19
$327.61
$600.88
$277.14
$303.90
$37.12
$826.07
$356.72
$497.26
$548.01
$535.10
$304.60
$640.81
$143.87

The population measure used to calculate per capita debt is the July 1, 2013 Department of
Administration’s estimate.

44

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TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1 St. Johns USD
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$1,260,000

$315,000

$55,000

$890,000

$45,625

$392,632

1

$1,260,000

$315,000

$55,000

$890,000

$45,625

$392,632

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation-Class B

1

$3,245,000

$930,000

$205,000

$2,110,000

$143,769

$1,104,387

Impact Aid Revenue

1

$20,350,000

$3,010,000

$1,895,000

$15,445,000

$1,203,182

$2,464,757

Totals for Window Rock USD

2

$23,595,000

$3,940,000

$2,100,000

$17,555,000

$1,346,951

$3,569,144

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$10,000,000

$3,035,000

$580,000

$6,385,000

2

$10,000,000

$3,035,000

$580,000

$6,385,000

0

$0

$0

$0

0

$0

$0

$0

1

$14,545,000

$11,650,000

$1,425,000

1

$14,545,000

$11,650,000

$1,425,000

Totals for St. Johns USD
6 Concho ESD
General Obligation-Class B
Totals for Concho ESD

$2,834,162

$890,000

7 Alpine ESD
Totals for Alpine ESD
8 Window Rock USD
$3,065,688

$2,110,000

9 Vernon ESD
Totals for Vernon ESD
10 Round Valley USD
General Obligation-Class B
Totals for Round Valley USD

$71,923,925

$6,385,000

$294,563

$1,997,371

$294,563

$1,997,371

$0

$0

$0

$0

$0

$0

$1,470,000

$119,813

$3,877,637

$1,470,000

$119,813

$3,877,637

18 Sanders USD

Totals for Sanders USD
20 Ganado USD
Impact Aid Revenue
Totals for Ganado USD

45

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TABLE 4
APACHE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

23 McNary 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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation-Class B

4

$14,505,000

$4,280,000

$840,000

$9,385,000

$483,957

$3,494,390

Impact Aid Revenue

2

$34,895,000

$14,660,000

$3,320,000

$16,915,000

$1,322,995

$6,342,394

Grand Totals:

6

$49,400,000

$18,940,000

$4,160,000

$26,300,000

$1,806,952

$9,836,784

Totals for McNary ESD
24 Chinle USD
Totals for Chinle USD

27 Red Mesa USD
Totals for Red Mesa USD

46

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TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
0

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

1
1

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

$910,000
$910,000

$185,000
$185,000

$205,000
$205,000

$19,050
$19,050

$985,823
$985,823

2
2

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

$2,680,000
$2,680,000

$455,000
$455,000

$6,225,000
$6,225,000

$278,269
$278,269

$1,694,987
$1,694,987

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$12,300,000
$12,300,000

$500,000
$500,000

$600,000
$600,000

$11,200,000
$11,200,000

$359,602
$359,602

$690,390
$690,390

0
0

$0
$0

$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

$1,230,000
$1,230,000

$400,000
$400,000

$200,000
$200,000

$630,000
$630,000

$21,879
$21,879

$62,986
$62,986

$6,220,142

$205,000

$15,221,071

$6,225,000

$13,253,538

$11,200,000

San Simon USD
Totals for San Simon USD

21

30% DEBT
20% DEBT

Bowie USD
Totals for Bowie USD

18

30% CAPACITY
20% CAPACITY

Willcox USD
General Obligation-Class B
Totals for Willcox USD

14

15% DEBT
10% DEBT

Elfrida ESD
Totals for Elfrida ESD

13

15% CAPACITY
10% CAPACITY

Benson USD
General Obligation-Class B
Totals for Benson USD

12

CURRENT
OUTSTANDING
PRINCIPAL

Valley UHSD
General Obligation
Totals for Valley UHSD

9

PAID IN FISCAL
YEAR 2014

Bisbee USD
Totals for Bisbee USD

6

PAID THROUGH
6/30/13

Tombstone USD
Totals for Tombstone USD

2

ORIGINAL
PRINCIPAL

Fort Huachuca ASD
Totals for Fort Huachuca ASD

1

# OF
ISSUES

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

47

$9,918,528

$630,000

Return to Table of Contents

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
22

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

1
1

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

$815,000
$815,000

$320,000
$320,000

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

$281,763
$281,763

$1,266,432
$1,266,432

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$14,506,696

$6,295,000

McNeal ESD
Totals for McNeal ESD

64

30% DEBT
20% DEBT

Ash Creek ESD
Totals for Ash Creek ESD

55

30% CAPACITY
20% CAPACITY

Palominas ESD
Totals for Palominas ESD

53

15% DEBT
10% DEBT

Double Adobe ESD
Totals for Double Adobe ESD

49

15% CAPACITY
10% CAPACITY

Apache ESD
Totals for Apache ESD

45

CURRENT
OUTSTANDING
PRINCIPAL

Douglas USD
General Obligation-Class B
Totals for Douglas USD

42

PAID IN FISCAL
YEAR 2014

Cochise ESD
Totals for Cochise ESD

27

PAID THROUGH
6/30/13

Naco ESD
Totals for Naco ESD

26

ORIGINAL
PRINCIPAL

Pearce ESD
Totals for Pearce ESD

23

# OF
ISSUES

Pomerene ESD
Totals for Pomerene ESD

48

Return to Table of Contents

TABLE 5
COCHISE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME

68

Bond Type

# OF
ISSUES

Totals for Sierra Vista USD

0
0

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

$0
$0

$0
$0

$0
$0

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Sierra Vista USD
$0
$0

$0
$0

$0
$0

General Obligation

2

$2,530,000

$1,310,000

$385,000

$835,000

$40,929

$1,048,809

General Obligation-Class B

5

$29,090,000

$3,995,000

$1,375,000

$23,720,000

$919,634

$3,651,809

Grand Totals:

7

$31,620,000

$5,305,000

$1,760,000

$24,555,000

$960,563

$4,700,618

49

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TABLE 6
COCONINO COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type

1

$4,300,000

$39,150,000

$53,700,000

$10,250,000

$4,300,000

$39,150,000

0
0

$0

$0

$0

$0

$0

$0

$0

$0

1
1

$955,000

$410,000

$545,000

$0

$955,000

$410,000

$545,000

$0

30% CAPACITY
20% CAPACITY

30% DEBT
20% 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

1
1

$15,525,000

$8,610,000

$1,610,000

$5,305,000

$15,525,000

$8,610,000

$1,610,000

$5,305,000

0
0

$0

$0

$0

$0

$0

$0

$0

$0

1
1

$6,265,000

$5,600,000

$665,000

$0

$6,265,000

$5,600,000

$665,000

General Obligation-Class B

4

$54,655,000

$10,660,000

Impact Aid Revenue

2

$21,790,000

Grand Totals:

6

$76,445,000

$206,859,510

$39,150,000

$1,438,640
$1,438,640

$6,301,756
$6,301,756

$0
$0

$0
$0

$26,813
$26,813

$132,509
$132,509

$0
$0

$0
$0

$0
$0

$0
$0

$329,650
$329,650

$5,043,960
$5,043,960

$0
$0

$0
$0

$0

$21,613
$21,613

$1,124,955
$1,124,955

$4,845,000

$39,150,000

$1,465,453

$6,434,265

$14,210,000

$2,275,000

$5,305,000

$351,263

$6,168,915

$24,870,000

$7,120,000

$44,455,000

$1,816,716

$12,603,180

Chevelon Butte ESD

Fredonia-Moccasin USD
Totals for Fredonia-Moccasin USD
Page USD

Impact Aid Revenue
Totals for Page USD
Maine ESD
Totals for Maine ESD
15

15% DEBT
10% DEBT

Grand Canyon USD

Totals for Chevelon Butte ESD

10

15% CAPACITY
10% CAPACITY

Williams USD

General Obligation-Class B

8

CURRENT
OUTSTANDING
PRINCIPAL

$10,250,000

Totals for Grand Canyon USD

6

PAID IN FISCAL
YEAR 2014

$53,700,000

Totals for Williams USD

5

PAID THROUGH
6/30/13

3
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

50

Return to Table of Contents

TABLE 7
GILA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
1

30% CAPACITY
20% CAPACITY

30% DEBT
20% 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

2
2

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

$600,000
$600,000

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

$32,215,000
$32,215,000

$1,011,676
$1,011,676

$11,506,356
$11,506,356

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$33,845,000

$600,000

$1,030,000

$32,215,000

$1,011,676

$11,506,356

Grand Totals:

2

$33,845,000

$600,000

$1,030,000

$32,215,000

$1,011,676

$11,506,356

Young ESD

Payson USD
$47,409,567

$32,215,000

Pine Strawberry ESD

San Carlos USD

Tonto Basin ESD

Miami USD
Totals for Miami USD

41

15% DEBT
10% DEBT

$0
$0

Totals for Tonto Basin ESD
40

15% CAPACITY
10% CAPACITY

$0
$0

Totals for San Carlos USD
33

CURRENT
OUTSTANDING
PRINCIPAL

$0
$0

Totals for Pine Strawberry ESD

20

PAID IN FISCAL
YEAR 2014

$0
$0

General Obligation-Class B
Totals for Payson USD
12

PAID THROUGH
6/30/13

0
0

Totals for Young ESD
10

ORIGINAL
PRINCIPAL

Globe USD

Totals for Globe USD
5

# OF
ISSUES

Hayden-Winkelman USD
Totals for Hayden-Winkelman USD

*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.

51

*

Return to Table of Contents

TABLE 8
GRAHAM COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATIONS
SCHOOL DISTRICT NAME
Bond Type
1

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

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

$20,852,690

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$1,375,000

$109,800
$109,800

$1,369,950
$1,369,950

2
2

$7,500,000
$7,500,000

$0
$0

$0
$0

$7,500,000
$7,500,000

$7,019,234

$7,500,000

$59,594
$59,594

$59,594
$59,594

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$520,000
$520,000

$125,000
$125,000

$525,000
$525,000

$33,550
$33,550

$279,800
$279,800

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation-Class B

4

$13,670,000

$3,195,000

$1,075,000

$9,400,000

$202,944

$1,709,344

Grand Totals:

4

$13,670,000

$3,195,000

$1,075,000

$9,400,000

$202,944

$1,709,344

Thatcher USD

*

Solomon ESD

Pima USD
$2,797,166

$525,000

Fort Thomas USD

Klondyke ESD

Totals for Klondyke ESD
16

15% CAPACITY
10% CAPACITY

$950,000
$950,000

Totals for Fort Thomas USD
9

CURRENT
OUTSTANDING
PRINCIPAL

$2,675,000
$2,675,000

General Obligation-Class B
Totals for Pima USD
7

PAID IN FISCAL
YEAR 2014

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

Totals for Solomon ESD
6

PAID THROUGH
6/30/13

1
1

General Obligation-Class B
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

* Thatcher USD had cash on hand when a new bond was issued.

52

Return to Table of Contents

TABLE 9
GREENLEE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

2

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$1,030,000

$57,250

$2,049,349

1

$3,425,000

$2,175,000

$220,000

$1,030,000

1

$3,425,000

$2,175,000

$220,000

0

$0

$0

0

$0

0

$3,709,923

$1,030,000

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

1

$3,425,000

$2,175,000

$220,000

$1,030,000

$57,250

$2,049,349

Grand Totals:

1

$3,425,000

$2,175,000

$220,000

$1,030,000

$57,250

$2,049,349

Clifton USD

Morenci USD
Totals for Morenci USD

Blue ESD
Totals for Blue ESD

45

PAID IN FISCAL
YEAR 2014

$2,049,349

Totals for Clifton USD

22

PAID THROUGH
6/30/13

$57,250

Totals for Duncan USD

18

ORIGINAL
PRINCIPAL

Duncan USD
General Obligation

3

# OF
ISSUES

Eagle ESD
Totals for Eagle ESD

53

Return to Table of Contents

TABLE 10
LA PAZ COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

4

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$0
$0

$0
$0

$0
$0

1
1

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

$1,445,000
$1,445,000

$0
$0

$170,000
$170,000

0
0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

0
0

$0
$0

0
0

$10,756,697

$170,000

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$2,155,000
$2,155,000

$0
$0

$515,000
$515,000

$23,319
$23,319

$603,027
$603,027

General Obligation

2

$4,285,000

$3,600,000

$0

$685,000

$38,644

$979,914

Grand Totals:

2

$4,285,000

$3,600,000

$0

$685,000

$38,644

$979,914

Bouse ESD

Parker USD

Salome ESD

Totals for Salome ESD
76

CURRENT
OUTSTANDING
PRINCIPAL

Wenden ESD

Totals for Parker USD
30

PAID IN FISCAL
YEAR 2014

$376,887
$376,887

Totals for Bouse ESD
27

PAID THROUGH
6/30/13

$15,325
$15,325

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

54

$19,717,113

$515,000

Return to Table of Contents

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
1

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1
5
6

$10,880,000
$69,330,000
$80,210,000

$0
$24,215,000
$24,215,000

$0
$7,220,000
$7,220,000

$10,880,000
$37,895,000
$48,775,000

$89,667,952
$59,778,634

$10,880,000
$37,895,000

$864,008
$1,398,176
$2,262,184

$864,008
$9,387,177
$10,251,185

8
8

$47,365,000
$47,365,000

$14,835,000
$14,835,000

$4,665,000
$4,665,000

$27,865,000
$27,865,000

$32,534,165

$27,865,000

$984,679
$984,679

$5,127,914
$5,127,914

3
6
9

$25,345,000
$121,205,000
$146,550,000

$15,945,000
$33,375,000
$49,320,000

$2,595,000
$7,935,000
$10,530,000

$6,805,000
$79,895,000
$86,700,000

$180,879,038
$120,586,025

$6,805,000
$79,895,000

$573,997
$4,108,626
$4,682,623

$19,707,478
$24,955,360
$44,662,838

8
8

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

$23,600,000
$23,600,000

$74,450,000
$74,450,000

$246,950,000
$246,950,000

$8,401,609
$8,401,609

$49,458,852
$49,458,852

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

3
5
8

$81,150,000
$64,640,000
$145,790,000

$42,335,000
$15,015,000
$57,350,000

$11,890,000
$1,825,000
$13,715,000

$26,925,000
$47,800,000
$74,725,000

$159,203,335
$106,135,557

$26,925,000
$47,800,000

$1,595,276
$1,740,592
$3,335,868

$36,538,683
$19,821,502
$56,360,185

3
3

$11,900,000
$11,900,000

$7,145,000
$7,145,000

$270,000
$270,000

$4,485,000
$4,485,000

$8,379,632

$4,485,000

$167,932
$167,932

$1,794,237
$1,794,237

1
2
3

$8,675,000
$37,000,000
$45,675,000

$5,000,000
$5,400,000
$10,400,000

$3,675,000
$900,000
$4,575,000

$0
$30,700,000
$30,700,000

$37,524,383

$30,700,000

$255,850
$1,577,169
$1,833,019

$7,196,745
$10,439,814
$17,636,559

$486,118,197

$246,950,000

Wilson ESD
General Obligation-Class B
Totals for Wilson ESD

8

15% DEBT
10% DEBT

Washington ESD

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

15% CAPACITY
10% CAPACITY

Isaac ESD
Totals for Isaac ESD

6

CURRENT
OUTSTANDING
PRINCIPAL

Mesa USD
General Obligation-Class B
Totals for Mesa USD

5

PAID IN FISCAL
YEAR 2014

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

4

PAID THROUGH
6/30/13

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

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

55

Return to Table of Contents

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
9

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

4
1
5

$18,955,000
$1,885,000
$20,840,000

$8,330,000
$1,465,000
$9,795,000

$1,489,000
$420,000
$1,909,000

$9,136,000
$0
$9,136,000

$44,250,440

$9,136,000

$294,373
$23,850
$318,223

$2,472,941
$537,510
$3,010,451

4
7
11

$142,315,000
$215,185,000
$357,500,000

$83,948,586
$61,641,414
$145,590,000

$9,086
$2,725,002
$2,734,088

$58,357,328
$150,818,584
$209,175,912

$405,093,185
$270,062,123

$58,357,328
$150,818,584

$3,354,058
$7,732,797
$11,086,855

$24,900,823
$31,319,442
$56,220,265

2
2

$44,000,000
$44,000,000

$10,450,000
$10,450,000

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

$30,400,000
$30,400,000

$33,402,991

$30,400,000

$1,018,568
$1,018,568

$438,589
$438,589

3
3

$12,550,000
$12,550,000

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

$945,000
$945,000

$8,790,000
$8,790,000

$13,835,588

$8,790,000

$418,182
$418,182

$2,313,433
$2,313,433

5
5

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

$4,350,000
$4,350,000

$0
$0

$8,650,000
$8,650,000

$9,287,712

$8,650,000

$607,293
$607,293

$2,677,310
$2,677,310

2
2

$5,300,000
$5,300,000

$2,365,000
$2,365,000

$390,000
$390,000

$2,545,000
$2,545,000

$172,288
$172,288

$1,742,071
$1,742,071

3
3

$12,975,000
$12,975,000

$5,130,000
$5,130,000

$800,000
$800,000

$7,045,000
$7,045,000

$17,291,618

$7,045,000

$363,999
$363,999

$2,908,245
$2,908,245

1
8
9

$18,695,000
$178,660,000
$197,355,000

$6,238,750
$35,096,250
$41,335,000

$6,640,200
$10,664,800
$17,305,000

$5,816,050
$132,898,950
$138,715,000

$245,721,221
$163,814,147

$5,816,050
$132,898,950

$857,789
$8,166,738
$9,024,527

$1,344,978
$28,255,946
$29,600,924

2
2

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

$450,000
$450,000

$2,205,000
$2,205,000

$18,345,000
$18,345,000

$25,278,366

$18,345,000

$322,913
$322,913

$743,419
$743,419

$29,522,131

$2,545,000

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

31

30% CAPACITY
20% CAPACITY

Liberty ESD
General Obligation-Class B
Totals for Liberty ESD

28

15% DEBT
10% DEBT

Gila Bend USD

General Obligation-Class B
Totals for Gila Bend USD
25

15% CAPACITY
10% CAPACITY

Murphy ESD
General Obligation-Class B
Totals for Murphy ESD

24

CURRENT
OUTSTANDING
PRINCIPAL

Tolleson ESD
General Obligation-Class B
Totals for Tolleson ESD

21

PAID IN FISCAL
YEAR 2014

Creighton ESD
General Obligation-Class B
Totals for Creighton ESD

17

PAID THROUGH
6/30/13

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

14

ORIGINAL
PRINCIPAL

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

11

# OF
ISSUES

Balsz ESD
General Obligation-Class B
Totals for Balsz ESD

56

Return to Table of Contents

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
33

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

6
6

$26,055,000
$26,055,000

$11,030,000
$11,030,000

$848,000
$848,000

$14,177,000
$14,177,000

$15,711,277

$14,177,000

$715,740
$715,740

$4,826,946
$4,826,946

3
4
7

$46,305,000
$60,500,000
$106,805,000

$35,980,000
$7,365,000
$43,345,000

$5,050,000
$2,490,000
$7,540,000

$5,275,000
$50,645,000
$55,920,000

$123,457,658
$82,305,105

$5,275,000
$50,645,000

$610,903
$2,449,838
$3,060,741

$18,086,162
$14,987,958
$33,074,120

5
5

$43,810,000
$43,810,000

$19,440,000
$19,440,000

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

$21,040,000
$21,040,000

$22,950,753

$21,040,000

$840,933
$840,933

$5,188,263
$5,188,263

1
7
8

$16,585,000
$217,075,000
$233,660,000

$11,300,000
$86,955,000
$98,255,000

$2,555,000
$16,170,000
$18,725,000

$2,730,000
$113,950,000
$116,680,000

$376,130
$5,492,262
$5,868,392

$10,128,194
$36,869,462
$46,997,656

5
5

$33,880,000
$33,880,000

$3,125,000
$3,125,000

$2,105,000
$2,105,000

$28,650,000
$28,650,000

$30,131,772

$28,650,000

$1,740,905
$1,740,905

$7,812,975
$7,812,975

6
6

$24,340,000
$24,340,000

$14,830,000
$14,830,000

$4,110,000
$4,110,000

$5,400,000
$5,400,000

$22,781,111

$5,400,000

$398,301
$398,301

$4,129,351
$4,129,351

2
2

$4,265,000
$4,265,000

$1,725,000
$1,725,000

$265,000
$265,000

$2,275,000
$2,275,000

$28,707,871

$2,275,000

$30,500
$30,500

$73,250
$73,250

1
6
7

$75,935,000
$466,600,000
$542,535,000

$52,155,000
$225,801,250
$277,956,250

$15,620,000
$6,496,250
$22,116,250

$8,160,000
$234,302,500
$242,462,500

$1,541,300
$11,521,002
$13,062,302

$33,210,110
$62,730,702
$95,940,812

1
1

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

$925,000
$925,000

$135,000
$135,000

$440,000
$440,000

$31,875
$31,875

$321,875
$321,875

$435,713,523
$290,475,682

$2,730,000
$113,950,000

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

49

30% CAPACITY
20% CAPACITY

Arlington ESD
General Obligation-Class B
Totals for Arlington ESD

48

15% DEBT
10% DEBT

Fowler ESD

General Obligation-Class B
Totals for Fowler ESD
47

15% CAPACITY
10% CAPACITY

Avondale ESD
General Obligation-Class B
Totals for Avondale ESD

45

CURRENT
OUTSTANDING
PRINCIPAL

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

44

PAID IN FISCAL
YEAR 2014

Glendale ESD
General Obligation-Class B
Totals for Glendale ESD

41

PAID THROUGH
6/30/13

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

40

ORIGINAL
PRINCIPAL

Buckeye ESD
General Obligation-Class B
Totals for Buckeye ESD

38

# OF
ISSUES

$1,261,775,717
$841,183,811

$8,160,000
$234,302,500

Palo Verde ESD
General Obligation-Class B
Totals for Palo Verde ESD

57

$2,305,436

$440,000

Return to Table of Contents

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
59

# OF
ISSUES

General Obligation-Class B
Totals for Littleton ESD

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

4
4

$20,850,000
$20,850,000

$9,150,000
$9,150,000

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

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

9
9

$101,095,000
$101,095,000

$14,160,000
$14,160,000

$2,285,000
$2,285,000

$84,650,000
$84,650,000

1
1

$2,540,000
$2,540,000

$240,000
$240,000

$235,000
$235,000

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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$16,225,731

$10,500,000

$537,813
$537,813

$4,055,173
$4,055,173

$84,397,051

*

$84,650,000

$2,727,143
$2,727,143

$16,699,522
$16,699,522

$4,145,537

$2,065,000

$61,425
$61,425

$91,741
$91,741

$0
$0

$0
$0

1

$1,230,000

$955,000

$275,000

$0

3
4

$23,430,000
$24,660,000

$10,220,000
$11,175,000

$1,365,000
$1,640,000

$11,845,000
$11,845,000

1
2
3
6

$5,700,000
$26,280,000
$60,000,000
$91,980,000

$2,135,000
$8,890,000
$10,660,000
$21,685,000

$1,310,000
$9,610,000
$1,930,000
$12,850,000

$2,255,000
$7,780,000
$47,410,000
$57,445,000

3
3

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

$20,650,000
$20,650,000

$5,595,000
$5,595,000

$80,000
$80,000

6
10
16

$155,765,000
$337,795,000
$493,560,000

$89,225,000
$78,810,000
$168,035,000

$28,020,000
$15,935,000
$43,955,000

$38,520,000
$243,050,000
$281,570,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$20,419,430

$11,845,000

$72,013,317
$48,008,878

$7,780,000
$47,410,000

$37,682,256

$80,000

$19,844

$753,184

$659,596
$679,440

$4,066,411
$4,819,595

$141,113
$470,443
$2,754,559
$3,366,115

$477,945
$5,421,282
$11,082,403
$16,981,630

$429,000
$429,000

$17,220,425
$17,220,425

$3,347,121
$20,806,974
$24,154,095

$51,279,962
$36,867,739
$88,147,701

$0
$0

$0
$0

Paradise Valley USD
General Obligation
General Obligation-Class B
Totals for Paradise Valley USD

71

30% DEBT
20% DEBT

Alhambra ESD
General Obligation
Totals for Alhambra ESD

69

30% CAPACITY
20% CAPACITY

Roosevelt ESD

Certificate of Participation
General Obligation
General Obligation-Class B
Totals for Roosevelt ESD
68

15% DEBT
10% DEBT

Littleton ESD
General Obligation

66

15% CAPACITY
10% CAPACITY

Aguila ESD
Totals for Aguila ESD

65

CURRENT
OUTSTANDING
PRINCIPAL

Union ESD
General Obligation-Class B
Totals for Union ESD

63

PAID IN FISCAL
YEAR 2014

Higley USD
General Obligation-Class B
Totals for Higley USD

62

PAID THROUGH
6/30/13

Laveen ESD
General Obligation-Class B
Totals for Laveen ESD

60

ORIGINAL
PRINCIPAL

$829,625,970
$553,083,980

$38,520,000
$243,050,000

Sentinel ESD
Totals for Sentinel ESD

* Highley USD had cash on hand when a new bond was issued.
58

Return to Table of Contents

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
75

30% DEBT
20% 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

4
4

$40,825,000
$40,825,000

$8,075,000
$8,075,000

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

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

1
9
10

$8,440,000
$281,875,000
$290,315,000

$4,362,500
$70,187,500
$74,550,000

$855,000
$16,925,000
$17,780,000

$3,222,500
$194,762,500
$197,985,000

1
1

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

$845,000
$845,000

$145,000
$145,000

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

$5,115,575

3
3

$26,965,000
$26,965,000

$460,000
$460,000

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

$25,475,000
$25,475,000

$26,749,500

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1
9
10

$15,955,000
$206,010,000
$221,965,000

$6,180,000
$44,790,000
$50,970,000

$65,000
$4,075,000
$4,140,000

$9,710,000
$157,145,000
$166,855,000

$308,420,508
$205,613,672

4
4

$32,650,000
$32,650,000

$4,260,000
$4,260,000

$3,390,000
$3,390,000

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

$159,988,000

4
4

$34,350,000
$34,350,000

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

$4,845,000
$4,845,000

$20,235,000
$20,235,000

$57,749,327

$1,438,631
$1,438,631

$7,889,891
$7,889,891

$213,254
$8,076,692
$8,289,945

$213,254
$39,132,547
$39,345,800

$1,010,000

$52,938
$52,938

$549,606
$549,606

$25,475,000

$1,092,469
$1,092,469

$2,597,961
$2,597,961

$0
$0

$0
$0

$9,710,000
$157,145,000

$527,250
$7,165,258
$7,692,508

$5,387,373
$46,802,078
$52,189,451

$25,000,000

$617,353
$617,353

$1,768,656
$1,768,656

$375,120
$375,120

$1,146,545
$1,146,545

$30,000,000

$601,507,484
$401,004,989

$3,222,500
$194,762,500

*

Saddle Mountain USD
General Obligation-Class B
Totals for Saddle Mountain USD

92

30% CAPACITY
20% CAPACITY

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

90

15% DEBT
10% DEBT

Mobile ESD

Totals for Mobile ESD
89

15% CAPACITY
10% CAPACITY

Cartwright ESD
General Obligation-Class B
Totals for Cartwright ESD

86

CURRENT
OUTSTANDING
PRINCIPAL

Nadaburg USD
General Obligation-Class B
Totals for Nadaburg USD

83

PAID IN FISCAL
YEAR 2014

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

81

PAID THROUGH
6/30/13

Litchfield ESD
General Obligation-Class B
Totals for Litchfield ESD

80

ORIGINAL
PRINCIPAL

Morristown ESD
Totals for Morristown ESD

79

# OF
ISSUES

Pendergast ESD
General Obligation-Class B
Totals for Pendergast ESD

* Cartwright ESD's capacity of $26,749,500 is based on $1,500 per student.
59

$25,081,035

$20,235,000

Return to Table of Contents

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
93

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

2
2

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

$5,025,000
$5,025,000

$1,225,000
$1,225,000

$13,750,000
$13,750,000

$315,895,750

0
0

$0
$0

$0
$0

$0
$0

$0
$0

3
7
10

$13,960,000
$48,115,000
$62,075,000

$7,800,000
$17,710,000
$25,510,000

$2,010,000
$2,125,000
$4,135,000

$4,150,000
$28,280,000
$32,430,000

$67,738,124
$45,158,749

9
9

$238,000,000
$238,000,000

$22,600,000
$22,600,000

$24,625,000
$24,625,000

$190,775,000
$190,775,000

3
3

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

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

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

$11,475,000
$11,475,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

9
9

$85,505,000
$85,505,000

$38,640,000
$38,640,000

$3,130,000
$3,130,000

$43,735,000
$43,735,000

$64,016,202

1
7
8

$8,595,000
$193,465,000
$202,060,000

$0
$77,670,000
$77,670,000

$0
$14,400,000
$14,400,000

$8,595,000
$101,395,000
$109,990,000

1
9
10

$57,800,000
$478,635,000
$536,435,000

$30,475,000
$113,880,000
$144,355,000

$8,400,000
$84,175,000
$92,575,000

$18,925,000
$280,580,000
$299,505,000

$13,750,000

$734,186
$734,186

$5,934,320
$5,934,320

$0
$0

$0
$0

$4,150,000
$28,280,000

$243,696
$1,425,293
$1,668,989

$3,879,157
$8,708,289
$12,587,446

$399,511,130

$190,775,000

$19,328,746
$19,328,746

$43,645,616
$43,645,616

$76,134,518

$11,475,000

$386,812
$386,812

$2,289,345
$2,289,345

$0
$0

$0
$0

$43,735,000

$2,209,587
$2,209,587

$15,264,613
$15,264,613

$193,629,465
$129,086,310

$8,595,000
$101,395,000

$286,214
$3,411,307
$3,697,520

$465,097
$28,128,594
$28,593,691

$613,209,792
$408,806,528

$18,925,000
$280,580,000

$1,374,125
$5,456,070
$6,830,195

$25,791,419
$66,206,228
$91,997,647

Glendale UHSD
General Obligation
General Obligation-Class B
Totals for Glendale UHSD

210

30% CAPACITY
20% CAPACITY

Buckeye UHSD
General Obligation-Class B
Totals for Buckeye UHSD

205

15% DEBT
10% DEBT

Maricopa County Regional District

Totals for Maricopa County Regional District
201

15% CAPACITY
10% CAPACITY

Fountain Hills USD
General Obligation-Class B
Totals for Fountain Hills USD

99

CURRENT
OUTSTANDING
PRINCIPAL

Deer Valley USD
General Obligation-Class B
Totals for Deer Valley USD

98

PAID IN FISCAL
YEAR 2014

Queen Creek USD
General Obligation
General Obligation-Class B
Totals for Queen Creek USD

97

PAID THROUGH
6/30/13

Paloma ESD
Totals for Paloma ESD

95

ORIGINAL
PRINCIPAL

Cave Creek USD
General Obligation-Class B
Totals for Cave Creek USD

94

# OF
ISSUES

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

60

Return to Table of Contents

TABLE 11
MARICOPA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type
213

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$26,855,000
$0
$26,855,000

$4,750,000
$0
$4,750,000

$0
$75,475,000
$75,475,000

$284,400,172

$75,475,000

$380,500
$2,250,100
$2,630,600

$13,236,560
$6,888,462
$20,125,022

1
8
9

$8,295,000
$93,265,000
$101,560,000

$6,420,000
$40,925,000
$47,345,000

$1,875,000
$8,525,000
$10,400,000

$0
$43,815,000
$43,815,000

$86,262,701

$43,815,000

$118,463
$1,989,597
$2,108,060

$2,700,385
$16,825,100
$19,525,485

1
6
7

$9,410,000
$72,185,000
$81,595,000

$2,835,000
$23,965,000
$26,800,000

$2,150,000
$3,675,000
$5,825,000

$4,425,000
$44,545,000
$48,970,000

$131,821,648
$87,881,099

$4,425,000
$44,545,000

$285,125
$1,969,769
$2,254,894

$3,502,783
$14,594,829
$18,097,612

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

General Obligation-Class B
Totals for West Maricopa Education Center

1
1

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

$0
$0

$955,000
$955,000

$34,045,000
$34,045,000

$873,038
$873,038

$873,038
$873,038

Certificate of Participation

1

$5,700,000

$2,135,000

$1,310,000

$2,255,000

$141,113

$477,945

44

$808,500,000

$465,879,836

$113,128,286

$229,491,878

$18,018,718

$284,301,002

General Obligation-Class B

240

$4,605,050,000

$1,223,581,414

$354,489,052

$3,026,979,534

$146,827,242

$710,970,309

Grand Totals:

285

$5,419,250,000

$1,691,596,250

$468,927,338

$3,258,726,412

$164,987,072

$995,749,256

Tolleson UHSD

Agua Fria UHSD

East Valley Institute of Technology
Totals for East Valley Institute of Technology

402

PAID IN FISCAL
YEAR 2014

$31,605,000
$75,475,000
$107,080,000

General Obligation
General Obligation-Class B
Totals for Agua Fria UHSD
401

PAID THROUGH
6/30/13

1
3
4

General Obligation
General Obligation-Class B
Totals for Tolleson UHSD
216

ORIGINAL
PRINCIPAL

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

214

# OF
ISSUES

West Maricopa Education Center

General Obligation

61

Return to Table of Contents

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

# OF
ISSUES

Totals for Lake Havasu USD

Totals for Colorado River UHSD

Totals for Littlefield USD

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

2

$23,030,000

$14,145,000

$4,350,000

$4,535,000

2

$23,030,000

$14,145,000

$4,350,000

$4,535,000

2

$20,785,000

$15,855,000

$2,125,000

$2,805,000

2

$20,785,000

$15,855,000

$2,125,000

0

$0

$0

0

$0

0
0

$183,974,465

$4,535,000

$396,688

$13,724,913

$396,688

$13,724,913

$208,406

$4,459,357

$2,805,000

$208,406

$4,459,357

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$0

$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

$1,600,000

$40,000

$115,000

$1,445,000

$74,825

$407,958

1

$1,600,000

$40,000

$115,000

$1,445,000

$74,825

$407,958

0

$0

$0

$0

$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

$1,885,000

$1,245,000

$140,000

$500,000

$42,403

$1,679,286

2

$1,885,000

$1,245,000

$140,000

$500,000

$42,403

$1,679,286

$49,395,610

$2,805,000

$4,993,400

$1,445,000

Yucca ESD
Totals for Yucca ESD

14

30% DEBT
20% DEBT

Topock ESD
Totals for Topock ESD

13

30% CAPACITY
20% CAPACITY

Littlefield USD
General Obligation-Class B

12

15% DEBT
10% DEBT

Peach Springs USD
Totals for Peach Springs USD

9

15% CAPACITY
10% CAPACITY

Owens ESD

Totals for Owens ESD
8

CURRENT
OUTSTANDING
PRINCIPAL

Hackberry ESD
Totals for Hackberry ESD

6

PAID IN FISCAL
YEAR 2014

Colorado River UHSD

General Obligation-Class B

3

PAID THROUGH
6/30/13

Lake Havasu USD
General Obligation

2

ORIGINAL
PRINCIPAL

Colorado City USD
General Obligation
Totals for Colorado City USD

$3,626,427

62

$500,000

Return to Table of Contents

TABLE 12
MOHAVE COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

15

# OF
ISSUES

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$8,965,000

$5,875,000

$1,090,000

$2,000,000

$104,019

$2,568,017

1

$8,965,000

$5,875,000

$1,090,000

$2,000,000

$104,019

$2,568,017

3

$79,990,000

$15,050,000

$3,600,000

$61,340,000

$3,133,669

$19,118,033

3

$79,990,000

$15,050,000

$3,600,000

$61,340,000

$3,133,669

$19,118,033

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

5

$33,880,000

$21,265,000

$5,580,000

$7,035,000

$543,109

$17,972,216

General Obligation-Class B

6

$102,375,000

$30,945,000

$5,840,000

$65,590,000

$3,416,900

$23,985,348

11

$136,255,000

$52,210,000

$11,420,000

$72,625,000

Mohave Valley ESD
General Obligation

$28,453,997

$2,000,000

Kingman USD

General Obligation-Class B
Totals for Kingman USD
22

PAID IN FISCAL
YEAR 2014

0

Totals for Mohave Valley ESD
20

PAID THROUGH
6/30/13

Bullhead City ESD
Totals for Bullhead City ESD

16

ORIGINAL
PRINCIPAL

$114,841,930

$61,340,000

Valentine ESD
Totals for Valentine ESD

Grand Totals:

$3,960,009

63

$41,957,564

Return to Table of Contents

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

1
1
2

$2,115,000
$2,860,000
$4,975,000

$35,000
$545,000
$580,000

$395,000
$165,000
$560,000

$1,685,000
$2,150,000
$3,835,000

$14,233,798

$1,685,000

$54,704
$114,988

$62,739
$812,329

1
1

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

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

$540,000
$540,000

$2,395,000
$2,395,000

$34,314,066

$2,395,000

$132,738

$1,231,503

1
1

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

$1,098,000
$1,098,000

$195,000
$195,000

$2,805,000
$2,805,000

$9,953,113

$2,805,000

$129,294

$1,313,877

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

2
2

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

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

$565,000
$565,000

$5,995,000
$5,995,000

$18,691,710

$5,995,000

$292,111

$2,651,461

1
1

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

$1,450,000
$1,450,000

$430,000
$430,000

$8,335,000
$8,335,000

$16,814,924

$8,335,000

$428,150

$2,423,504

1
1

$6,535,000
$6,535,000

$3,315,000
$3,315,000

$1,155,000
$1,155,000

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

$56,792,247

$2,065,000

$171,538

$3,228,573

1
1

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

$9,105,000
$9,105,000

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

$7,105,000
$7,105,000

$416,319

$4,976,460

1
1

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

$3,010,000
$3,010,000

$415,000
$415,000

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

$90,675

$1,636,943

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

Cedar USD
Impact Aid Revenue
Totals for Cedar USD

27

30% DEBT
20% DEBT

Whiteriver USD
Impact Aid Revenue
Totals for Whiteriver USD

25

30% CAPACITY
20% CAPACITY

Show Low USD
General Obligation
Totals for Show Low USD

20

15% DEBT
10% DEBT

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

10

15% CAPACITY
10% 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 2014

Holbrook USD
General Obligation-Class B
Totals for Holbrook USD

4

PAID THROUGH
6/30/13

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

64

Return to Table of Contents

TABLE 13
NAVAJO COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

32

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% 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

$8,715,000
$0
$8,715,000

$1,100,000
$440,000
$1,540,000

$0
$19,560,000
$19,560,000

General Obligation

3

$18,465,000

$12,065,000

$2,650,000

$3,750,000

$281,242

$8,198,499

General Obligation-Class B

7

$49,713,000

$8,453,000

$2,170,000

$39,090,000

$1,887,840

$14,765,377

Impact Aid Revenue

3

$25,455,000

$12,660,000

$2,165,000

$10,630,000

$621,982

$7,425,732

13

$93,633,000

$33,178,000

$6,985,000

$53,470,000

$2,791,064

$30,389,608

Grand Totals:

$49,533,893

65

$19,560,000

$55,000
$905,548

$4,907,188
$7,145,031

Return to Table of Contents

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2013 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

0

# OF
ISSUES

General Obligation-Class B
Totals for Tucson USD

30% DEBT
20% 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

2

$63,405,000
$221,320,000
$284,725,000

$29,937,190

$30,382,810

$19,742,810
$49,680,000

$6,692,190
$37,075,000

$3,085,000
$194,885,000
$197,970,000

$908,806,923

8
10

$605,871,282

$3,085,000
$194,885,000

$1,335,331

$9,777,906
$11,113,237

$6,762,451
$49,407,984
$56,170,435

1
7
8

$23,385,000
$66,960,000
$90,345,000

$19,865,000
$12,320,000
$32,185,000

$2,070,000
$2,965,000
$5,035,000

$1,450,000
$51,675,000
$53,125,000

$214,325,574
$142,883,716

$1,450,000
$51,675,000

$184,800
$2,318,319
$2,503,119

$6,642,452
$8,826,300
$15,468,752

3
3

$27,280,000
$27,280,000

$6,675,000
$6,675,000

$1,865,000
$1,865,000

$18,740,000
$18,740,000

$37,762,224

$18,740,000

$966,188
$966,188

$4,790,174
$4,790,174

4
4

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

$23,865,000
$23,865,000

$9,365,000
$9,365,000

$106,770,000
$106,770,000

$278,872,264

$106,770,000

$4,424,838
$4,424,838

$17,189,935
$17,189,935

2
3
5

$9,600,000
$35,350,000
$44,950,000

$6,205,000
$1,500,000
$7,705,000

$1,600,000
$3,720,000
$5,320,000

$1,795,000
$30,130,000
$31,925,000

$126,276,097
$84,184,065

$1,795,000
$30,130,000

$123,875
$1,181,391
$1,305,266

$1,766,820
$1,922,182
$3,689,002

1
1

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

$630,000
$630,000

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

$12,335,000
$12,335,000

$34,141,950

$12,335,000

$681,436
$681,436

$3,037,035
$3,037,035

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Tanque Verde USD
General Obligation-Class B
Totals for Tanque Verde USD

15

30% CAPACITY
20% CAPACITY

Sunnyside USD

General Obligation
General Obligation-Class B
Totals for Sunnyside USD
13

15% DEBT
10% DEBT

Amphitheater USD
General Obligation-Class B
Totals for Amphitheater USD

12

15% CAPACITY
10% 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 2014

Tucson USD
General Obligation

6

PAID THROUGH
6/30/2013

Pima Accommodation

Totals for Pima Accommodation
1

ORIGINAL
PRINCIPAL

Ajo USD
Totals for Ajo USD

66

Return to Table of Contents

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2013 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

16

# OF
ISSUES

General Obligation-Class B
Totals for Vail USD

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

$25,850,000
$25,850,000

$110,070,957

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

5
5

$35,560,000
$35,560,000

$25,850,000

$1,231,468
$1,231,468

$8,267,439
$8,267,439

1

$1,320,000

$520,200

$323,640

$476,160

$124,344,692

$476,160

$27,420

$160,454

8
9

$49,805,000
$51,125,000

$5,069,800
$5,590,000

$1,761,360
$2,085,000

$42,973,840
$43,450,000

$82,896,461

$42,973,840

$2,125,348
$2,152,768

$12,530,260
$12,690,714

4
4

$50,050,000
$50,050,000

$7,605,000
$7,605,000

$2,900,000
$2,900,000

$39,545,000
$39,545,000

$70,668,731

$39,545,000

$1,965,489
$1,965,489

$11,222,972
$11,222,972

0
0

$0
$0

$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

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

$180,000
$180,000

$325,000
$325,000

$15,495,000
$15,495,000

$673,464
$673,464

$1,353,106
$1,353,106

1
1

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

$11,745,000
$11,745,000

$1,360,000
$1,360,000

$0
$0

$63,920
$63,920

$3,786,708
$3,786,708

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$30,532,075

$15,495,000

Redington ESD

Totals for Redington ESD
51

$7,445,000
$7,445,000

30% DEBT
20% DEBT

Baboquivari USD
Impact Aid Revenue
Totals for Baboquivari USD

44

30% CAPACITY
20% CAPACITY

Continental ESD
General Obligation-Class B
Totals for Continental ESD

40

15% DEBT
10% DEBT

Empire ESD
Totals for Empire ESD

39

15% CAPACITY
10% 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 2014

Vail USD
General Obligation

30

PAID THROUGH
6/30/2013

Catalina Foothills USD
General Obligation-Class B
Totals for Catalina Foothills USD

20

ORIGINAL
PRINCIPAL

Altar Valley ESD
Totals for Altar Valley ESD

67

Return to Table of Contents

TABLE 14
PIMA COUNTY SCHOOL DISTRICT FY 2013 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

99

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/2013

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pima Special Programs
Totals for Pima Special Programs
General Obligation
General Obligation-Class B
Impact Aid Revenue
Grand Totals:

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

6

$97,710,000

$56,527,390

$34,376,450

$6,806,160

$1,671,426

$15,332,177

46

$656,325,000

$85,032,610

$32,893,550

$538,398,840

$25,345,847

$118,547,387

1

$13,105,000

$11,745,000

$1,360,000

$0

$63,920

$3,786,708

53

$767,140,000

$153,305,000

$68,630,000

$545,205,000

$27,081,193

$137,666,272

68

$0
$0

Return to Table of Contents

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

0

# OF
ISSUES

Totals for Florence USD

Totals for Ray USD

Totals for Casa Grande ESD

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

8

$73,900,000

$32,600,000

$1,600,000

$39,700,000

$1,958,252

$14,628,390

8

$73,900,000

$32,600,000

$1,600,000

$39,700,000

$1,958,252

$14,628,390

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$1,419,192

$439,563

$233,919

$745,710

$34,287

$128,318

1

$1,419,192

$439,563

$233,919

$745,710

$34,287

$128,318

5

$30,470,000

$18,895,000

$3,775,000

$7,800,000

$447,863

$5,455,675

5

$30,470,000

$18,895,000

$3,775,000

$7,800,000

$447,863

$5,455,675

0

$0

$0

$0

$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

$40,000

$60,000

$1,390,000

$60,475

$137,911

1

$1,490,000

$40,000

$60,000

$1,390,000

$60,475

$137,911

1

$1,315,000

$343,000

$185,000

$787,000

$24,300

$70,474

1

$1,315,000

$343,000

$185,000

$787,000

$24,300

$70,474

$49,604,210

$39,700,000

$12,326,417

$745,710

$40,522,810

$7,800,000

Eloy ESD

General Obligation-Class B
Totals for Eloy ESD
15

30% DEBT
20% DEBT

Mammoth-San Manuel US
Totals for Mammoth-San Manuel USD

11

30% CAPACITY
20% CAPACITY

Red Rock ESD
Totals for Red Rock ESD

8

15% DEBT
10% DEBT

Casa Grande ESD

General Obligation-Class B

5

15% CAPACITY
10% CAPACITY

Ray USD
General Obligation-Class B

4

CURRENT
OUTSTANDING
PRINCIPAL

Oracle ESD
Totals for Oracle ESD

3

PAID IN FISCAL
YEAR 2014

Florence USD

General Obligation-Class B

2

PAID THROUGH
6/30/13

Mary C. O'Brien ASD
Totals for Mary C. O'Brien ASD

1

ORIGINAL
PRINCIPAL

$2,166,298

$1,390,000

Superior USD
General Obligation

Totals for Superior USD

$5,580,392

69

$787,000

Return to Table of Contents

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

18

# OF
ISSUES

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

1

$350,000

$0

$0

$350,000

$67,084,502

$350,000

$17,170

$52,273

General Obligation-Class B

6

$51,390,000

$10,055,000

$1,625,000

$39,710,000

$44,723,001

$39,795,000

$1,872,918

$12,789,407

7

$51,740,000

$10,055,000

$1,625,000

$40,060,000

$1,890,088

$12,841,680

Maricopa USD

Coolidge USD
General Obligation

1

$185,000

$0

$0

$185,000

$49,616,601

$185,000

$6,223

$12,862

General Obligation-Class B

5

$40,470,000

$7,395,000

$1,400,000

$31,675,000

$33,077,734

$31,675,000

$1,447,963

$9,125,025

6

$40,655,000

$7,395,000

$1,400,000

$31,860,000

$1,454,187

$9,137,886

1

$4,000,000

$525,000

$340,000

$3,135,000

$113,824

$258,331

1

$4,000,000

$525,000

$340,000

$3,135,000

$113,824

$258,331

1

$1,185,000

$1,110,000

$75,000

$0

$3,188

$194,770

1

$1,185,000

$1,110,000

$75,000

$0

$3,188

$194,770

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

3

$32,010,000

$17,075,000

$3,935,000

$11,000,000

$104,668,534

$11,000,000

$710,394

$13,335,163

General Obligation-Class B

4

$47,050,000

$19,740,000

$885,000

$26,425,000

$69,779,023

$26,425,000

$1,237,550

$11,365,775

7

$79,060,000

$36,815,000

$4,820,000

$37,425,000

$1,947,944

$24,700,938

3

$19,630,000

$2,620,000

$900,000

$16,110,000

$793,231

$5,359,321

3

$19,630,000

$2,620,000

$900,000

$16,110,000

$793,231

$5,359,321

Toltec ESD
$7,082,778

$3,135,000

Stanfield ESD
Totals for Stanfield ESD
Picacho ESD

Totals for Picacho ESD
Apache Junction USD

Totals for Apache Junction USD
44

30% CAPACITY
20% CAPACITY

$0

General Obligation-Class B

43

15% DEBT
10% DEBT

$0

Totals for Toltec ESD

33

15% CAPACITY
10% CAPACITY

$0

General Obligation-Class B

24

CURRENT
OUTSTANDING
PRINCIPAL

$0

Totals for Coolidge USD
22

PAID IN FISCAL
YEAR 2014

0

Totals for Maricopa USD
21

PAID THROUGH
6/30/13

Sacaton ESD
Totals for Sacaton ESD

20

ORIGINAL
PRINCIPAL

J O Combs USD
General Obligation-Class B
Totals for J O Combs USD

$22,848,670

70

$16,110,000

Return to Table of Contents

TABLE 15
PINAL COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

82

# OF
ISSUES

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Casa Grande UHSD
2

$38,000,000

$9,280,000

$1,675,000

$27,045,000

2

$38,000,000

$9,280,000

$1,675,000

$27,045,000

2

$7,567,520

$1,974,407

$1,488,321

$4,104,792

2

$7,567,520

$1,974,407

$1,488,321

$4,104,792

6

$33,860,000

$17,418,000

$4,120,000

$12,322,000

$758,087

$13,470,772

General Obligation-Class B

39

$316,571,712

$104,673,970

$14,057,240

$197,840,502

$9,449,424

$69,999,742

Grand Totals:

45

$350,431,712

$122,091,970

$18,177,240

$210,162,502

$10,207,511

$83,470,514

General Obligation-Class B
Totals for Casa Grande UHSD
109

ORIGINAL
PRINCIPAL

$51,258,990

$27,045,000

$1,304,600

$9,993,223

$1,304,600

$9,993,223

$175,274

$563,597

$175,274

$563,597

Santa Cruz Valley UHSD

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

$10,881,779

71

$4,104,792

Return to Table of Contents

TABLE 16
SANTA CRUZ COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DIST
Bond Type

1

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% 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

$3,900,000

$460,000

$5,640,000

$252,312

$2,336,971

Totals for Santa Cruz Valley USD

2

$10,000,000

$3,900,000

$460,000

$5,640,000

$252,312

$2,336,971

General Obligation-Class B

2

$10,000,000

$3,900,000

$460,000

$5,640,000

$252,312

$2,336,971

Grand Totals:

2

$10,000,000

$3,900,000

$460,000

$5,640,000

$252,312

$2,336,971

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 2014

$0

Totals for Patagonia UHSD

25

PAID THROUGH
6/30/13

0

Totals for Patagonia ESD
20

ORIGINAL
PRINCIPAL

Nogales USD
Totals for Nogales USD

6

# OF
ISSUES

Santa Cruz Valley USD
$30,152,224

72

$5,640,000

Return to Table of Contents

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2014 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

$11,925,000
$11,925,000

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

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

0
0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

1
1

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

0
0

$141,257,231

$4,445,000

$277,250

$4,699,178

$0
$0

$0

$0

$0
$0

$0
$0

$0

$0

$3,970,000
$3,970,000

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

$9,995,000
$9,995,000

$479,006

$4,275,658

$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

$15,675,000
$15,675,000

$3,565,000
$3,565,000

$54,160,000
$54,160,000

$2,877,744

$17,398,178

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0

$0

$25,773,572

$9,995,000

$67,524,543

$54,160,000

Congress ESD

Totals for Congress ESD
20

30% DEBT
20% DEBT

Skull Valley ESD
Totals for Skull Valley ESD

17

30% CAPACITY
20% CAPACITY

Sedona-Oak Creek USD
General Obligation-Class B
Totals for Sedona-Oak Creek USD

15

15% DEBT
10% DEBT

Walnut Grove ESD
Totals for Walnut Grove ESD

9

15% CAPACITY
10% CAPACITY

Cottonwood-Oak Creek E

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 2014

Clarkdale-Jerome ESD
Totals for Clarkdale-Jerome ESD

4

PAID THROUGH
6/30/13

Williamson Valley ESD
Totals for Williamson Valley ESD

3

ORIGINAL
PRINCIPAL

Prescott USD
General Obligation-Class B
Totals for Prescott USD

2

# OF
ISSUES

Bagdad USD
Totals for Bagdad USD

73

Return to Table of Contents

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

22

General Obligation-Class B
Totals for Beaver Creek ESD

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

4
5
9

$13,280,000
$53,675,000
$66,955,000

$5,480,000
$18,330,000
$23,810,000

$1,725,000
$0
$1,725,000

$6,075,000
$35,345,000
$41,420,000

0
0

$0
$0

$0
$0

$0
$0

$0
$0

1

$910,000
$3,255,000
$4,165,000

$740,000

$170,000

1
2

$0
$740,000

$0
$170,000

$0
$3,255,000
$3,255,000

0
0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

0
0

$0
$0

0
0

$96,329,805
$64,219,870

$6,075,000
$35,345,000

$320,078
$1,507,342

$5,155,122
$10,763,503

$0

$0

$8,500
$181,581

$490,016

$0
$0

$0

$0

$0
$0

$0
$0

$0

$0

$0
$0

$0
$0

$0
$0

$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

$335,000
$335,000

$90,000
$90,000

$1,575,000
$1,575,000

$66,194

$465,735

$2,674,756

*

$3,255,000

$733,378

Crown King ESD
Totals for Crown King ESD

43

30% CAPACITY
20% CAPACITY

Seligman USD
Totals for Seligman USD

41

15% DEBT
10% DEBT

Hillside ESD

Totals for Hillside ESD
40

15% CAPACITY
10% CAPACITY

Ash Fork USD

Totals for Ash Fork USD
35

CURRENT
OUTSTANDING
PRINCIPAL

Camp Verde USD
Totals for Camp Verde USD

31

PAID IN FISCAL
YEAR 2014

Beaver Creek ESD
General Obligation

28

PAID THROUGH
6/30/13

Kirkland ESD
Totals for Kirkland ESD

26

ORIGINAL
PRINCIPAL

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

23

# OF
ISSUES

Mayer USD
General Obligation-Class B
Totals for Mayer USD

$7,170,607

* 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.
74

$1,575,000

Return to Table of Contents

TABLE 17
YAVAPAI COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

50

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% 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

5

$14,190,000

$6,220,000

$1,895,000

$6,075,000

$328,578

$5,645,138

General Obligation-Class B

13

$166,030,000

$50,235,000

$7,020,000

$108,775,000

$5,389,117

$38,335,630

Grand Totals:

18

$180,220,000

$56,455,000

$8,915,000

$114,850,000

$5,717,695

$43,980,768

Chino Valley USD
Totals for Chino Valley USD

52

ORIGINAL
PRINCIPAL

Canon ESD
Totals for Canon ESD

51

# OF
ISSUES

Yarnell ESD
Totals for Yarnell ESD

General Obligation

75

Return to Table of Contents

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

1

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

$293,000

$6,690,917

1

$11,810,000

$8,810,000

$3,000,000

$0

$293,000

$6,690,917

2

$4,075,000

$2,685,000

$445,000

$945,000

$56,938

$1,078,319

2

$4,075,000

$2,685,000

$445,000

$945,000

$56,938

$1,078,319

General Obligation

3

$11,355,000

$8,140,000

$750,000

$2,465,000

$29,015,829

$2,465,000

$159,686

$5,499,210

General Obligation-Class B

3

$11,870,000

$3,840,000

$580,000

$7,450,000

$19,343,886

$7,450,000

$347,726

$3,355,268

6

$23,225,000

$11,980,000

$1,330,000

$9,915,000

$507,412

$8,854,478

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

1

$2,050,000

$1,570,000

$150,000

$330,000

$29,280

$242,455

Totals for Mohawk Valley ESD

1

$2,050,000

$1,570,000

$150,000

$330,000

$29,280

$242,455

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

1

$420,000

$195,000

$110,000

$115,000

$20,625

$394,313

Totals for Gadsden ESD

1

$420,000

$195,000

$110,000

$115,000

$20,625

$394,313

1

$2,350,000

$580,000

$150,000

$1,620,000

$85,443

$494,723

1

$2,350,000

$580,000

$150,000

$1,620,000

$85,443

$494,723

Somerton ESD

$5,900,993

$945,000

Crane ESD

Hyder ESD

Mohawk Valley ESD

$2,644,609

$330,000

Wellton ESD

Totals for Wellton ESD

50

15% DEBT
10% DEBT

$0

Totals for Hyder ESD

32

15% CAPACITY
10% CAPACITY

$3,000,000

Totals for Crane ESD

24

CURRENT
OUTSTANDING
PRINCIPAL

$8,810,000

Totals for Somerton ESD

17

PAID IN FISCAL
YEAR 2014

$11,810,000

General Obligation-Class B

16

PAID THROUGH
6/30/13

1

Totals for Yuma ESD

13

ORIGINAL
PRINCIPAL

Yuma ESD
General Obligation

11

# OF
ISSUES

Gadsden ESD
$8,620,251

$115,000

Antelope UHSD
General Obligation-Class B
Totals for Antelope UHSD

$7,508,199

76

$1,620,000

Return to Table of Contents

TABLE 18
YUMA COUNTY SCHOOL DISTRICT FY 2014 BONDED INDEBTEDNESS AND DEBT LIMITATION
SCHOOL DISTRICT NAME
Bond Type

70

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

15% CAPACITY
10% CAPACITY

15% DEBT
10% DEBT

30% CAPACITY
20% CAPACITY

30% DEBT
20% DEBT

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Yuma UHSD
General Obligation

1

$9,145,000

$6,970,000

$2,175,000

$0

General Obligation-Class B

3

$75,405,000

$40,730,000

$17,485,000

$17,190,000

4

$84,550,000

$47,700,000

$19,660,000

General Obligation

7

$34,780,000

$25,685,000

General Obligation-Class B

9

$93,700,000

16

$128,480,000

Totals for Yuma UHSD

Grand Totals:

$108,750

$1,645,506

$930,125

$14,316,748

$17,190,000

$1,038,875

$15,962,254

$6,185,000

$2,910,000

$611,341

$14,472,401

$47,835,000

$18,660,000

$27,205,000

$1,420,232

$19,245,058

$73,520,000

$24,845,000

$30,115,000

$2,031,573

$33,717,459

$105,649,942

77

$17,190,000

Return to Table of Contents

78

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TABLE 19
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SCHOOL DISTRICT

SCHOOL DISTRICT

Phoenix UHSD
Paradise Valley USD
Scottsdale USD
Mesa USD
Tucson USD
Peoria USD
Chandler USD
Deer Valley USD
Dysart USD
Higley USD
Kyrene ESD
Gilbert USD
Glendale UHSD
Amphitheater USD
Tempe ESD
Washington ESD
Tempe UHSD
Marana USD
Kingman USD
Roosevelt ESD
Madison ESD
Sedona-Oak Creek USD
Buckeye UHSD
Phoenix ESD
Agua Fria UHSD
Vail USD
Tolleson UHSD
Humboldt USD
Maricopa USD
Florence USD
Sahuarita USD
Flagstaff USD
Apache Junction USD

COUNTY

Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Pima
Mohave
Maricopa
Maricopa
Yavapai
Maricopa
Maricopa
Maricopa
Pima
Maricopa
Yavapai
Pinal
Pinal
Pima
Coconino
Pinal

OUTSTANDING
BONDS

OUTSTANDING
LEASES

$299,505,000
$281,570,000
$242,462,500
$246,950,000
$197,970,000
$209,175,912
$197,985,000
$190,775,000
$166,855,000
$84,650,000
$138,715,000
$116,680,000
$109,990,000
$106,770,000
$86,700,000
$74,725,000
$75,475,000

$0
$0
$30,768,243
$0
$23,722,083
$0
$0
$261,739
$1,006,867
$59,653,559
$177,888
$5,588,545
$10,679,015
$0
$0
$7,619,153
$0

$53,125,000
$61,340,000
$57,445,000
$55,920,000
$54,160,000
$43,735,000
$48,775,000
$48,970,000
$43,450,000
$43,815,000
$41,420,000
$40,060,000
$39,700,000
$39,545,000
$39,150,000
$37,425,000

$11,265,227
$24,033
$3,565,000
$780,619
$27,533
$8,784,781
$1,603,807
$110,819
$1,356,406
$421,950
$0
$67,668
$284,193
$0
$0
$0
79

TOTAL
OUTSTANDING
DEBT

BOND DEBT
PER
STUDENT

$299,505,000 $11,439.35
$281,570,000 $11,223.29
$273,230,743 $10,149.12
$246,950,000 $4,105.09
$221,692,083 $4,230.67
$209,175,912 $5,940.47
$197,985,000 $4,985.27
$191,036,739 $5,968.62
$167,861,867 $7,808.64
$144,303,559 $9,614.95
$138,892,888 $8,484.62
$122,268,545 $3,238.59
$120,669,015 $7,311.71
$106,770,000 $7,912.41
$86,700,000 $7,849.71
$82,344,153 $4,053.21
$75,475,000 $5,464.85
$64,390,227
$61,364,033
$61,010,000
$56,700,619
$54,187,533
$52,519,781
$50,378,807
$49,080,819
$44,806,406
$44,236,950
$41,420,000
$40,127,668
$39,984,193
$39,545,000
$39,150,000
$37,425,000

$4,525.13
$9,664.41
$6,293.27
$10,126.77
$46,649.44
$42,337.85
$7,205.64
$6,882.64
$5,833.78
$4,153.08
$12,819.56
$15,777.87
$5,106.77
$7,461.32
$4,229.23
$8,515.36

BOND PER
TOTAL PER
STUDENT TOTAL DEBT STUDENT
RANK
PER STUDENT
RANK
11
12
16
69
65
48
59
47
32
20
28
78
37
30
31
70
53

$11,439.35
$11,223.29
$11,437.03
$4,105.09
$4,737.62
$5,940.47
$4,985.27
$5,976.81
$7,855.76
$16,390.68
$8,495.50
$3,393.71
$8,021.61
$7,912.41
$7,849.71
$4,466.49
$5,464.85

13
16
14
73
66
51
62
50
34
8
30
81
32
33
35
69
57

64
19
45
17
1
2
38
40
51
68
10
8
57
34
66
27

$5,484.69
$9,668.19
$6,683.83
$10,268.13
$46,673.16
$50,842.00
$7,442.58
$6,898.22
$6,015.90
$4,193.08
$12,819.56
$15,804.52
$5,143.32
$7,461.32
$4,229.23
$8,515.36

56
23
44
19
2
1
37
42
49
72
11
9
60
36
71
29

Return to Table of Contents

TABLE 19
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SCHOOL DISTRICT

SCHOOL DISTRICT

West Maricopa Education Center
Sunnyside USD
Queen Creek USD
Payson USD
Coolidge USD
Litchfield ESD
Osborn ESD
Creighton ESD
Casa Grande UHSD
Avondale ESD
Riverside ESD
Catalina Foothills USD
Cartwright ESD
Saddle Mountain USD
Glendale ESD
Pendergast ESD
Yuma UHSD
Cave Creek USD
Blue Ridge USD
Flowing Wells USD
Balsz ESD
Window Rock USD
Continental ESD
J O Combs USD
Buckeye ESD
Crane ESD
Willcox USD
Littleton ESD
Laveen ESD
Tanque Verde USD
Mingus UHSD
Fountain Hills USD
Wickenburg USD

COUNTY

Maricopa
Pima
Maricopa
Gila
Pinal
Maricopa
Maricopa
Maricopa
Pinal
Maricopa
Maricopa
Pima
Maricopa
Maricopa
Maricopa
Maricopa
Yuma
Maricopa
Navajo
Pima
Maricopa
Apache
Pima
Pinal
Maricopa
Yuma
Cochise
Maricopa
Maricopa
Pima
Yavapai
Maricopa
Maricopa

OUTSTANDING
LEASES

TOTAL
OUTSTANDING
DEBT

BOND DEBT
PER
STUDENT

$34,045,000

$0

$34,045,000

$31,925,000
$32,430,000
$32,215,000
$31,860,000
$30,000,000
$30,700,000
$30,400,000
$27,045,000
$28,650,000
$27,865,000
$25,850,000
$25,475,000
$25,000,000
$21,040,000
$20,235,000
$17,190,000
$13,750,000
$19,560,000
$18,740,000
$18,345,000
$17,555,000
$15,495,000
$16,110,000
$14,177,000
$9,915,000
$11,200,000
$11,845,000
$10,500,000
$12,335,000
$9,995,000
$11,475,000
$9,136,000

$1,718,445
$0
$130,901
$398,881
$1,506,012
$0
$117,181
$2,071,791
$84,002
$0
$1,571,586
$38,787
$0
$3,272,902
$3,294,100
$5,718,443
$7,994,832
$1,452,580
$85,950
$0
$0
$1,738,197
$29,917
$0
$3,092,304
$1,358,259
$645,948
$1,894,083
$0
$1,589,201
$0
$819,294

$33,643,445
$32,430,000
$32,345,901
$32,258,881
$31,506,012
$30,700,000
$30,517,181
$29,116,791
$28,734,002
$27,865,000
$27,421,586
$25,513,787
$25,000,000
$24,312,902
$23,529,100
$22,908,443
$21,744,832
$21,012,580
$18,825,950
$18,345,000
$17,555,000
$17,233,197
$16,139,917
$14,177,000
$13,007,304
$12,558,259
$12,490,948
$12,394,083
$12,335,000
$11,584,201
$11,475,000
$9,955,294

$6,328.07
$1,915.00
$6,674.21
$14,663.18
$9,113.27
$4,205.80
$11,155.52
$4,913.53
$7,546.04
$5,362.16
$34,401.23
$5,371.99
$1,428.53
$24,108.00
$1,628.36
$2,180.26
$1,630.62
$4,580.28
$9,472.15
$3,607.31
$7,349.76
$8,613.84
$29,913.13
$3,768.42
$3,129.58
$1,752.08
$10,035.84
$2,283.59
$1,820.39
$9,337.62
$8,392.11
$6,785.93
$15,778.93

OUTSTANDING
BONDS

80

BOND PER
TOTAL PER
STUDENT TOTAL DEBT STUDENT
RANK
PER STUDENT
RANK
44
89
42
9
24
67
13
60
33
55
3
54
100
5
96
85
95
63
22
74
35
26
4
73
79
93
18
84
91
23
29
41
7

$6,328.07
$2,018.08
$6,674.21
$14,722.76
$9,227.37
$4,416.94
$11,155.52
$4,932.47
$8,124.10
$5,377.88
$34,401.23
$5,698.58
$1,430.71
$24,108.00
$1,881.66
$2,535.19
$2,173.06
$7,243.45
$10,175.58
$3,623.86
$7,349.76
$8,613.84
$33,268.72
$3,775.42
$3,129.58
$2,298.52
$11,252.92
$2,408.13
$2,148.77
$9,337.62
$9,726.45
$6,785.93
$17,193.94

48
97
45
10
26
70
17
64
31
58
3
54
111
5
101
87
92
40
20
78
38
28
4
76
84
91
15
88
94
25
22
43
7

Return to Table of Contents

TABLE 19
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SCHOOL DISTRICT

SCHOOL DISTRICT

Santa Cruz Valley USD
Tolleson ESD
Murphy ESD
Snowflake USD
Heber-Overgaard USD
Casa Grande ESD
Thatcher USD
Douglas USD
Liberty ESD
Whiteriver USD
Round Valley USD
Lake Havasu USD
Benson USD
Fowler ESD
Isaac ESD
Page USD
Colorado River UHSD
Santa Cruz Valley UHSD
Prescott USD
Wilson ESD
Somerton ESD
Joseph City USD
Winslow USD
Holbrook USD
Show Low USD
Beaver Creek ESD
Toltec ESD
Safford USD
Superior USD
Gila Bend USD
Mohave Valley ESD
Mayer USD
Arlington ESD

COUNTY

Santa Cruz
Maricopa
Maricopa
Navajo
Navajo
Pinal
Graham
Cochise
Maricopa
Navajo
Apache
Mohave
Cochise
Maricopa
Maricopa
Coconino
Mohave
Pinal
Yavapai
Maricopa
Yuma
Navajo
Navajo
Navajo
Navajo
Yavapai
Pinal
Graham
Pinal
Maricopa
Mohave
Yavapai
Maricopa

OUTSTANDING
BONDS

OUTSTANDING
LEASES

$5,640,000
$8,790,000
$8,650,000
$5,995,000
$8,335,000
$7,800,000
$7,500,000
$6,295,000
$7,045,000
$7,105,000
$6,385,000
$4,535,000
$6,225,000
$5,400,000
$0
$5,305,000
$2,805,000
$4,104,792
$4,445,000
$4,485,000
$945,000
$2,395,000
$3,835,000
$2,805,000
$2,065,000
$3,255,000
$3,135,000
$1,375,000
$787,000
$2,545,000
$2,000,000
$1,575,000
$2,275,000

$3,811,796
$0
$13,845
$2,344,000
$0
$0
$0
$1,075,913
$237,833
$0
$0
$1,827,155
$33,346
$0
$5,398,867
$0
$2,117,748
$580,065
$53,381
$0
$3,338,773
$1,513,615
$0
$988,747
$1,721,035
$42,799
not reported
$1,229,216
$1,815,395
$0
$526,958
$770,283
$0
81

TOTAL
OUTSTANDING
DEBT

BOND DEBT
PER
STUDENT

$9,451,796 $1,786.51
$8,790,000 $3,338.40
$8,663,845 $4,856.82
$8,339,000 $2,555.41
$8,335,000 $18,943.18
$7,800,000 $1,160.89
$7,500,000 $4,684.57
$7,370,913 $1,752.02
$7,282,833 $6,329.74
$7,105,000 $3,372.09
$6,385,000 $5,055.42
$6,362,155
$854.37
$6,258,346 $5,900.47
$5,400,000 $1,241.66
$5,398,867
$0.00
$5,305,000 $2,069.84
$4,922,748 $1,365.63
$4,684,857 $10,717.47
$4,498,381
$960.25
$4,485,000 $3,791.21
$4,283,773
$356.74
$3,908,615 $6,188.63
$3,835,000 $1,835.81
$3,793,747 $1,398.31
$3,786,035
$903.32
$3,297,799 $10,366.24
$3,135,000 $7,341.92
$2,604,216
$452.15
$2,602,395 $1,972.43
$2,545,000 $7,189.27
$2,526,958 $2,710.03
$2,345,283 $3,040.54
$2,275,000 $9,518.83

BOND PER
TOTAL PER
STUDENT TOTAL DEBT STUDENT
RANK
PER STUDENT
RANK
92
76
61
82
6
107
62
94
43
75
58
112
50
104
87
102
14
110
72
116
46
90
101
111
15
36
115
88
39
81
80
21

$2,993.92
$3,338.40
$4,864.60
$3,554.56
$18,943.18
$1,160.89
$4,684.57
$2,051.46
$6,543.43
$3,372.09
$5,055.42
$1,198.60
$5,932.08
$1,241.66
$804.00
$2,069.84
$2,396.66
$12,232.00
$971.78
$3,791.21
$1,617.13
$10,099.78
$1,835.81
$1,891.20
$1,656.18
$10,502.54
$7,341.92
$856.37
$6,522.29
$7,189.27
$3,424.06
$4,527.57
$9,518.83

86
83
65
79
6
119
67
96
46
82
61
117
53
115
127
95
89
12
124
75
105
21
102
100
103
18
39
125
47
41
80
68
24

Return to Table of Contents

TABLE 19
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SCHOOL DISTRICT

SCHOOL DISTRICT

Union ESD
Pinon USD
Camp Verde USD
Chino Valley USD
Antelope UHSD
Eloy ESD
Littlefield USD
Ganado USD
Cedar USD
Nadaburg USD
Duncan USD
Yuma ESD
Concho ESD
Miami USD
Cottonwood-Oak Creek ESD
Palo Verde ESD
Ray USD
St. David USD
Palominas ESD
Grand Canyon USD
Pima USD
Bicentennial UHSD
Colorado City USD
Mohawk Valley ESD
Quartzsite ESD
Sierra Vista USD
Valley UHSD
Mammoth-San Manuel USD
Seligman USD
Tuba City USD
Gadsden ESD
Maine ESD
Sentinel ESD

COUNTY

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

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL
OUTSTANDING
DEBT

BOND DEBT
PER
STUDENT

$2,065,000
$0
$0
$0
$1,620,000
$1,390,000
$1,445,000
$1,470,000
$1,375,000
$1,010,000
$1,030,000
$0
$890,000
$0
$0
$440,000
$745,710
$630,000
$0
$0
$525,000
$515,000
$500,000
$330,000
$170,000
$0
$205,000
$0
$0
$0
$115,000
$0
$0

$0
$1,899,212
$1,804,770
$1,699,001
$0
$132,040
$55,518
$0
$3,486
$249,655
$162,865
$1,161,656
$0
$873,352
$861,546
$385,519
$22,744
$0
$603,888
$587,897
$0
$9,439
$0
$0
$107,729
$206,961
$0
$200,707
$152,581
$145,560
$0
$103,329
$91,394

$2,065,000
$1,899,212
$1,804,770
$1,699,001
$1,620,000
$1,522,040
$1,500,518
$1,470,000
$1,378,486
$1,259,655
$1,192,865
$1,161,656
$890,000
$873,352
$861,546
$825,519
$768,454
$630,000
$603,888
$587,897
$525,000
$524,439
$500,000
$330,000
$277,729
$206,961
$205,000
$200,707
$152,581
$145,560
$115,000
$103,329
$91,394

$1,177.98
$0.00
$0.00
$0.00
$5,605.54
$1,470.90
$3,802.63
$1,069.09
$9,046.05
$1,298.20
$3,259.49
$0.00
$5,933.33
$0.00
$0.00
$1,042.65
$1,560.06
$1,559.41
$0.00
$0.00
$680.93
$5,150.00
$1,219.51
$2,307.69
$798.12
$0.00
$2,157.89
$0.00
$0.00
$0.00
$22.74
$0.00
$0.00

82

BOND PER
TOTAL PER
STUDENT TOTAL DEBT STUDENT
RANK
PER STUDENT
RANK
106

52
99
71
108
25
103
77
49

109
97
98

114
56
105
83
113
86

117

$1,177.98
$1,542.82
$1,315.43
$765.32
$5,605.54
$1,610.62
$3,948.73
$1,069.09
$9,068.99
$1,619.09
$3,774.89
$138.31
$5,933.33
$810.16
$538.13
$1,956.21
$1,607.64
$1,559.41
$614.33
$1,959.66
$680.93
$5,244.39
$1,219.51
$2,307.69
$1,303.89
$54.91
$2,157.89
$254.38
$1,089.86
$93.19
$22.74
$1,135.48
$3,046.47

118
110
112
128
55
106
74
122
27
104
77
144
52
126
136
99
107
108
134
98
131
59
116
90
113
147
93
140
121
145
148
120
85

Return to Table of Contents

TABLE 19
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SCHOOL DISTRICT

SCHOOL DISTRICT

Wellton ESD
Alhambra ESD
Kirkland ESD
Ash Fork USD
Topock ESD
Bonita ESD
Double Adobe ESD
Valentine ESD
Chevelon Butte ESD
Mary C. O'Brien ASD
Hayden-Winkelman USD
Wenden ESD
Clarkdale-Jerome ESD
Picacho ESD
Hackberry ESD
Yarnell ESD
Apache ESD
St. Johns USD

COUNTY

Yuma
Maricopa
Yavapai
Yavapai
Mohave
Graham
Cochise
Mohave
Coconino
Pinal
Gila
La Paz
Yavapai
Pinal
Mohave
Yavapai
Cochise
Apache

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL
OUTSTANDING
DEBT

BOND DEBT
PER
STUDENT

$0
$80,000
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0

$90,014
$0
$76,390
$74,807
$70,770
$69,542
$61,908
$47,745
$44,755
$39,335
$39,137
$38,590
$37,180
$33,494
$28,621
$18,331
$8,920
$6,195

$90,014
$80,000
$76,390
$74,807
$70,770
$69,542
$61,908
$47,745
$44,755
$39,335
$39,137
$38,590
$37,180
$33,494
$28,621
$18,331
$8,920
$6,195

$0.00
$6.04
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00

83

BOND PER
TOTAL PER
STUDENT TOTAL DEBT STUDENT
RANK
PER STUDENT
RANK
118

$351.62
$6.04
$1,060.97
$326.67
$661.40
$732.02
$1,547.70
$723.41
$4,972.78
$190.95
$148.25
$419.46
$87.28
$187.12
$636.02
$591.32
$1,274.29
$8.12

138
150
123
139
132
129
109
130
63
141
143
137
146
142
133
135
114
149

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84

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SPECIAL DISTRICTS
As of June 30, 2014, special districts reported total outstanding debt of $1.70 billion (outstanding
bonds of $1.60 billion and outstanding leases of $0.1 billion) or a 4.0% increase from the prior fiscal
year. For FY 2013, special districts reported total outstanding debt of $1.63 billion (outstanding bonds
of $1.55 billion and outstanding leases of $0.08 billion).
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.
Detail of the outstanding indebtedness of special districts by county can be found in Tables 20 through
34. Special districts reported the following outstanding bonded indebtedness as of June 30, 2014:

 $425.3 million in general obligation debt reported by 16 fire districts, 35 community facilities
districts, and three other special districts;

 $856.8 million in revenue bonds reported by 16 domestic water improvement districts and 29



other special districts;
$23.1 million in certificates of participation reported by two fire districts and one other special
district; and
$298.0 million in special assessment debt reported by 20 community facilities districts and
51 other special districts.

Special district lease purchases represent debt issued with a term in excess of one year. As of June
30, 2014, lease purchases totaled $95.9 million, a 14.5% increase from the $83.7 million reported for
FY 2013. Detail of the outstanding lease purchases can be found in Table 44. Table 45 lists the
special districts that reported no lease purchases. One fire district failed to submit a lease purchase
report as noted in Table 47.
Special district debt has been reported in 12 of the 15 counties. Of the 667 known special districts,
160 had outstanding bonds at the end of FY2013/14; 507 reported no outstanding bonds. The
following table shows the number of reporting special districts in each county with and without
outstanding bonded indebtedness as of June 30, 2014.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Pima
Pinal
Santa Cruz
Yavapai
Yuma
Total

# WITH B.I.
2
0
11
2
0
0
1
43
8
18
20
23
3
22
7
160

# WITHOUT B.I.
17
37
36
34
7
2
15
121
37
45
22
67
4
44
19
507

85

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During FY 2013/14, $188.8 million of outstanding principal was retired or refunded ($169.9 million in
outstanding bonds and $18.9 million in outstanding lease purchases). The following table lists total
outstanding special district debt by county ranked from highest debt to lowest debt as of June 30,
2014. Table 35 lists the outstanding debt for each special district ranked from highest to lowest.
OUTSTANDING
BONDS
Maricopa
Pima
Pinal
Mohave
Yuma
Yavapai
Santa Cruz
Coconino
Navajo
Gila
La Paz
Apache
Cochise
Graham
Greenlee
Total

$687,754,793
$416,408,540
$232,748,562
$54,848,908
$68,166,654
$64,107,440
$47,190,000
$11,732,852
$11,641,301
$611,000
$3,607,401
$4,273,703
$0
$0
$0
$1,603,091,154

OUTSTANDING
LEASES
$24,850,299
$23,246,976
$5,495,288
$1,346,124
$6,205,102
$5,942,779
$887,494
$8,880,266
$2,668,552
$9,178,507
$3,854,069
$2,186,043
$1,107,768
$5,400
$0
$95,854,667

TOTAL
OUTSTANDING DEBT
$712,605,092
$439,655,516
$238,243,850
$56,195,032
$74,371,756
$70,050,219
$48,077,494
$20,613,118
$14,309,853
$9,789,507
$7,461,470
$6,459,746
$1,107,768
$5,400
$0
$1,698,945,821

Please note that the outstanding balances listed in the report should reflect all indebtedness as of
June 30, 2014. However, the year-end balances should reflect any July 1, 2014 payments, if the
amount has been deposited into a dedicated fund for the payment of the principal.
GENERAL OBLIGATION DEBT
Total outstanding general obligation debt for special districts as of June 30, 2014 was $425.3 million
or 26.5% of all outstanding special district debt ($88.6 million reported by 16 fire districts, $286.9
million reported by 35 community facilities districts and $49.8 million by three other districts.
Pursuant to § 48-806, general obligation debt issued by a fire district is subject to a debt limit equal to
the lesser of 6% of the value of taxable property in the fire 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 general obligation debt against the current
capacity. For fire districts with general obligation debt, no fire district exceeded the 6% statutory debt
limit at the time bonds were issued. However, Avra Valley, Rio Rico and Tubac Fire Districts currently
have limited capacity based on the change in valuation since the bonds were issued.
FIRE DISTRICT

COUNTY

CURRENT
CAPACITY

DEBT

Arizona City Fire District
Avra Valley Fire District
Black Canyon Fire District
Central Yavapai Fire District
Chino Valley Fire District
Drexel Heights Fire District
Golder Ranch Fire District

Pinal
Pima/Pinal
Yavapai
Yavapai
Yavapai
Pima
Pima/Pinal
Pinal
Yavapai
Pima
Pima

$1,720,835
$2,843,725
$891,301
$29,342,792
$6,424,236
$10,737,230
$45,948,283
$12,124,634
$1,724,839
$56,598,619
$2,022,838

$975,000
$3,108,000
$784,415
$12,610,000
$3,990,000
$1,445,000
$9,165,000
$1,750,000
$765,000
$28,370,000
$1,984,000

Maricopa Fire District 10
Mayer Fire District
Northwest Fire District
Picture Rocks Fire District

10 Maricopa Fire District dissolved and merged with the City of Maricopa Fire Department in 2007.

86

% OF CAPACITY
USED
56.7%
109.3%
88.0%
43.0%
62.1%
13.5%
19.9%
14.4%
44.4%
50.1%
98.1%

Return to Table of Contents

FIRE DISTRICT
Rincon Valley Fire District
Rio Rico Fire District
Superstition Fire and Medical
Three Points Fire District
Tubac Fire District

COUNTY
Pima
Santa Cruz
Pinal
Pima
Santa Cruz

CURRENT
CAPACITY
$5,749,519
$3,882,007
$20,183,581
$1,818,944
$5,320,677

DEBT
$4,920,000
$4,970,000
$7,095,000
$1,395,000
$5,555,000

% OF CAPACITY
USED
85.6%
128.0%
35.2%
76.7%
104.4%

REVENUE BONDS
Total outstanding debt from revenue bonds as of June 30, 2014 was $856.8 million or 53.5% of
total outstanding debt. There were 45 special districts with outstanding revenue bonds. Districts
with revenue bond debt in excess of $100 million, in order of most to least debt, are: Valley Metro
Regional Public Transportation in Maricopa County, Electrical District #3 in Pinal County and
Regional Transportation Authority in Pima County.
CERTIFICATES OF PARTICIPATION
Three special districts reported certificates of participation with total outstanding principal as of
June 30, 2014 of $23.1 million. Two fire districts reported outstanding debt of $12.0 million ($7.5
million by Green Valley Fire District and $4.5 million by Pinetop Fire District) and Rio Nuevo
Multipurpose Facilities reported outstanding debt of $11.0 million.
SPECIAL ASSESSMENT BONDS
Total outstanding debt from special assessment bonds as of June 30, 2014 was $298.0 million or
18.6% of total outstanding debt. Twenty community facilities districts reported outstanding debt of
$154.2 million and 51 other special districts reported $143.8 million.
NEW BONDS
During FY 2013/14, 16 special districts incurred $244.9 million in new debt; of this amount $61.8
million was attributed to refunding. Detail of new bonds issued can be found in Section Two and
Table 42.
LEASE PURCHASES
Lease purchases and third party financing contracts represent debt issued with a term greater than
one year. As of June 30, 2014, 92 special districts reported outstanding lease purchases of $95.9
million. The special districts with outstanding lease purchases in excess of $7 million, in order of most
to least debt, are: Pima County Stadium District, Maricopa County Special Health Care District and
Mountain Vista Fire District. Stanfield Fire District failed to submit a lease purchase report.
INTEREST
Special districts are not required to report interest per A.R.S. § 41-4604. However, 154 special districts
reported interest paid on bonds during FY 2014 of $70.5 million on $1.6 billion of outstanding principal
as of June 30, 2014 and $521.3 million interest paid to date on 293 bond issues with an original
principal of $2.2 billion. An additional $3.5 million in interest was paid during FY 2013/14 and $19.7
million interest paid to date on lease purchases.
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.
SPECIAL DISTRICT
COUNTY TOTAL
Santa Cruz
Pinal
Pima
La Paz

PER CAPITA
BOND DEBT
958.80
591.01
418.06
171.95

PER CAPITA
LEASE DEBT
18.03
13.95
23.34
183.71

87

PER CAPITA
TOTAL DEBT
976.83
604.97
441.40
355.66

Return to Table of Contents

SPECIAL DISTRICT
COUNTY TOTAL
Yuma
Yavapai
Mohave
Gila
Maricopa
Coconino
Navajo
Apache
Cochise
Graham
Greenlee

PER CAPITA
BOND DEBT
325.65
300.56
269.41
11.38
174.34
86.46
107.10
59.21
0.00
0.00
0.00

PER CAPITA
LEASE DEBT
29.64
27.86
6.61
171.02
6.30
65.44
24.55
30.29
8.46
0.14
0.00

PER CAPITA
TOTAL DEBT
355.30
328.42
276.02
182.40
180.64
151.91
131.65
89.49
8.46
0.14
0.00

The population measure used to calculate per capita debt is the July 1, 2013 Department of
Administration’s estimate.

88

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TABLE 20
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Alpine Domestic Water Improvement District

Totals for Alpine Domestic Water 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

Alpine Fire District
Totals for Alpine Fire District
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

$2,450,000

$495,000

$4,245,000

$213,300

$1,987,962

1

$7,190,000

$2,450,000

$495,000

$4,245,000

$213,300

$1,987,962

0

$0

$0

$0

$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

$690,000

$610,000

$80,000

$0

$4,200

$400,689

1

$690,000

$610,000

$80,000

$0

$4,200

$400,689

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

Ganado Fire District
General Obligation
Totals for Ganado Fire District
Greer Acres Little Colorado Improvement
Totals for Greer Acres Little Colorado Improvement

89

Return to Table of Contents

TABLE 20
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Greer Fire District

Totals for Greer 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

Little Colorado Sanitary District
Totals for Little Colorado Sanitary District
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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$37,085

$6,790

$1,592

$28,703

$911

$5,645

1

$37,085

$6,790

$1,592

$28,703

$911

$5,645

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Nutrioso Volunteer Fire District
Totals for Nutrioso Volunteer Fire District
Ojo Bonito Estates Domestic WID
Revenue
Totals for Ojo Bonito Estates Domestic WID
Puerco Valley Fire District

Totals for Puerco Valley Fire District
Vernon Domestic WID
Totals for Vernon Domestic WID
Vernon Fire District
Totals for Vernon Fire District

White Mountain Communities Health Care
Totals for White Mountain Communities Health Care

90

Return to Table of Contents

TABLE 20
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN APACHE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

General Obligation

2

$7,880,000

$3,060,000

$575,000

$4,245,000

$217,500

$2,388,651

Revenue

1

$37,085

$6,790

$1,592

$28,703

$911

$5,645

Grand Totals:

3

$7,917,085

$3,066,790

$576,592

$4,273,703

$218,411

$2,394,296

91

Return to Table of Contents

TABLE 21
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

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

92

Return to Table of Contents

TABLE 21
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Mescal-J6 Fire District

Totals for Mescal-J6 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

Naco Fire District
Totals for Naco Fire District
Naco Light District
Totals for Naco Light District

Naco Sanitary District
Totals for Naco Sanitary District
Northern Cochise Hospital District
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

93

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TABLE 21
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pomerene Domestic WID

Totals for Pomerene Domestic WID

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Pomerene Fire District
Totals for Pomerene Fire District
San Jose Fire District
Totals for San Jose Fire District

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

94

Return to Table of Contents

TABLE 21
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCHISE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Sunnyside Fire District

Totals for Sunnyside 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

Sunsites Light District
Totals for Sunsites Light District
Sunsites-Pearce Fire District
Totals for Sunsites-Pearce Fire District

Vanar Flood Control District
Totals for Vanar Flood Control District
Wellspring Water District
Totals for Wellspring Water District
Whetstone Fire District

Totals for Whetstone Fire District
Whetstone Water District
Totals for Whetstone Water District
.

0

$0

$0

$0

$0

$0

$0

Grand Totals:

0

$0

$0

$0

$0

$0

$0

95

Return to Table of Contents

TABLE 22
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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 Trails Road Improvement District

Totals for Buckboard Trails Road Improvement District
Coconino County Flood Control
Totals for Coconino County Flood Control
Coconino County Jail District
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

$8,055,000

$2,415,000

$8,605,000

$255,260

$5,228,123

1

$19,075,000

$8,055,000

$2,415,000

$8,605,000

$255,260

$5,228,123

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Flagstaff Special Districts
Special Assessment

Totals for Flagstaff Special Districts
Forest Lakes Domestic WID
Totals for Forest Lakes Domestic WID
Forest Lakes Fire District
Totals for Forest Lakes Fire District

96

Return to Table of Contents

TABLE 22
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

Special Assessment

1

$357,000

$88,000

$33,000

$236,000

$13,334

$84,298

Totals for Hashknife Trails Road Improvement District

1

$357,000

$88,000

$33,000

$236,000

$13,334

$84,298

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 Foxboro Ranch Domestic WID
Greenehaven Fire District
Totals for Greenehaven Fire District
Hashknife Trails 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 District
Special Assessment
Totals for Kiowa-Comanche Road Improvement District

1

$287,581

$247,602

$13,005

$26,974

$998

$36,368

1

$287,581

$247,602

$13,005

$26,974

$998

$36,368

0

$0

$0

$0

$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

$243,105

$209,580

$11,193

$22,332

$960

$33,902

1

$243,105

$209,580

$11,193

$22,332

$960

$33,902

Linda Lane Road Improvement District

Totals for Linda Lane Road Improvement District
Lockett Ranches Fire District
Totals for Lockett Ranches Fire District
Lupine Road Improvement District
Special Assessment
Totals for Lupine Road Improvement District

97

Return to Table of Contents

TABLE 22
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Majestic View Domestic WID

Totals for 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

1

$438,000

$93,000

$40,000

$305,000

$12,963

$105,193

1

$438,000

$93,000

$40,000

$305,000

$12,963

$105,193

1

$1,150,000

$1,075,000

$75,000

$0

$3,328

$1,377,621

1

$1,150,000

$1,075,000

$75,000

$0

$3,328

$1,377,621

0

$0

$0

$0

$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

$212,597

$184,987

$9,116

$18,494

$694

$27,404

1

$212,597

$184,987

$9,116

$18,494

$694

$27,404

Mormon Lake Fire District
Totals for Mormon Lake Fire District
North Stardust/Antelope Trails Road ID
Special Assessment
Totals for North Stardust/Antelope Trails Road ID
Northside Sewer Improvement District

Special Assessment
Totals for Northside Sewer Improvement District
Oakwood Pines Road Improvement
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
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Revenue

2

$4,248,832

$2,145,966

$224,194

$1,878,672

Special Assessment

1

$750,000

$421,334

$41,802

$286,864

**

3

$4,998,832

$2,567,300

$265,996

$2,165,536

1

$174,674

$165,762

$8,912

$0

$110

$16,684

1

$174,674

$165,762

$8,912

$0

$110

$16,684

Totals for Pinewood Fire District
Pinewood Sanitary District

Totals for Pinewood Sanitary District

**

Pinon Road Improvement District
Special Assessment
Totals for Pinon Road Improvement District

** Special Districts are not required to report interest
98

Return to Table of Contents

TABLE 22
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$332,834

$24,808

$25,275

$1,616

$78,370

1

$382,917

$332,834

$24,808

$25,275

$1,616

$78,370

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

1

$59,050

$51,694

$2,548

$4,808

$289

$7,830

1

$59,050

$51,694

$2,548

$4,808

$289

$7,830

1

$4,500,000

$3,890,561

$609,439

$0

$19,416

$1,565,276

1

$4,500,000

$3,890,561

$609,439

$0

$19,416

$1,565,276

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

$1,975,000

$300,000

$315,000

$14,963

$752,994

1

$2,590,000

$1,975,000

$300,000

$315,000

$14,963

$752,994

1

$73,911

$61,407

$4,071

$8,433

$314

$11,400

1

$73,911

$61,407

$4,071

$8,433

$314

$11,400

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Tonawanda Road Improvement
Special Assessment

Totals for Tonawanda Road Improvement
Tusayan Fire District
Totals for Tusayan Fire District
Valle Domestic Water Improvement District
Totals for Valle Domestic Water Improvement District

99

Return to Table of Contents

TABLE 22
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN COCONINO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

2

$4,248,832

$2,145,966

$224,194

$1,878,672

**

**

Special Assessment

14

$30,293,835

$16,851,761

$3,587,894

$9,854,180

$324,245

$9,325,463

Grand Totals:

16

$34,542,667

$18,997,727

$3,812,088

$11,732,852

$324,245

$9,325,463

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

** Special Districts are not required to report interest

100

Return to Table of Contents

TABLE 23
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

Canyon Fire District

Totals for Canyon Fire District
Canyon Water Improvement District
Revenue
Totals for Canyon Water Improvement District

**

**

1

$200,000

$21,000

$3,000

$176,000

1

$200,000

$21,000

$3,000

$176,000

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

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Gila County Library District
Totals for Gila County Library District

** Special Districts are not required to report interest

101

Return to Table of Contents

TABLE 23
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

Little Creek Land Company DWID

Totals for Little Creek Land Company DWID
Miami Gardens Street Lighting District
Totals for Miami Gardens Street Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$635,000

$146,000

$54,000

$435,000

$20,906

$68,880

1

$635,000

$146,000

$54,000

$435,000

$20,906

$68,880

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Northern Gila County Sanitary District
Special Assessment
Totals for Northern Gila County Sanitary District

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 District
Revenue

Totals for Pine Strawberry Water Improvement District
Pine Street Lighting District
Totals for Pine 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

Pine Water Association Domestic WID
Totals for Pine Water Association Domestic WID

102

Return to Table of Contents

TABLE 23
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pleasant Valley Fire District

Totals for Pleasant 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

Rim Trail Domestic WID
Totals for Rim Trail Domestic WID
Round Valley / Oxbow Fire District
Totals for Round Valley / Oxbow Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Solitude Trails Domestic WID

Totals for Solitude Trails Domestic WID
Strawberry Hollow Domestic WID
Totals for Strawberry Hollow 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

Strawberry Hollow Wastewater Improvement
Totals for Strawberry Hollow Wastewater Improvement

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Tri-City Regional Sanitary District
Totals for Tri-City Regional Sanitary District

103

Return to Table of Contents

TABLE 23
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN GILA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Upper Glendale Street Lighting District

Totals for Upper Glendale 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

Whispering Pines Domestic WID
Totals for Whispering Pines Domestic WID
Whispering Pines Fire District
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Revenue

2

$200,000

$21,000

$3,000

$176,000

$0

$0

Special Assessment

1

$635,000

$146,000

$54,000

$435,000

$20,906

$68,880

Grand Totals:

3

$835,000

$167,000

$57,000

$611,000

$20,906

$68,880

Totals for Whispering Pines Fire District

** Special Districts are not required to report interest

104

Return to Table of Contents

TABLE 24
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN GRAHAM COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Central Jackson Heights Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

.

0

$0

$0

$0

$0

$0

$0

Grand Totals:

0

$0

$0

$0

$0

$0

$0

Totals for Central Jackson Heights Fire District
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
Pima Rural Fire District

Totals for Pima Rural Fire District
Safford Rural Fire District
Totals for Safford Rural Fire District

105

Return to Table of Contents

TABLE 25
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN GREENLEE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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:

106

Return to Table of Contents

TABLE 26
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN LA PAZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

Buckskin Fire District
Totals for Buckskin Fire District
Buckskin Sanitary District
Revenue

1

$307,263

$0

$0

$307,263

$0

$0

Special Assessment

4

$6,016,282

$2,126,479

$589,665

$3,300,138

$162,284

$1,545,681

5

$6,323,545

$2,126,479

$589,665

$3,607,401

$162,284

$1,545,681

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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 Improvement District
Totals for Lakeside 5 Street Lighting 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

McMullen Valley Fire District
Totals for McMullen Valley Fire District

107

Return to Table of Contents

TABLE 26
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN LA PAZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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 District

Totals for Salome Street Lighting Improvement District
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

Revenue

1

$307,263

$0

$0

$307,263

$0

$0

Special Assessment

4

$6,016,282

$2,126,479

$589,665

$3,300,138

$162,284

$1,545,681

Grand Totals:

5

$6,323,545

$2,126,479

$589,665

$3,607,401

$162,284

$1,545,681

Totals for Wenden Domestic WID
Wenden Street Lighting Improvement District

Totals for Wenden Street Lighting Improvement District

108

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$54,053

$6,006

$0

$224

$23,035

1

$60,059

$54,053

$6,006

$0

$224

$23,035

1

$145,969

$94,880

$10,218

$40,871

$3,503

$39,197

1

$145,969

$94,880

$10,218

$40,871

$3,503

$39,197

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

0

$0

$0

$0

$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
#K80 Del Witt
Totals for #K80 Del Witt

109

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$294,376

$3,330

$4,254

$277

$66,898

1

$301,960

$294,376

$3,330

$4,254

$277

$66,898

0

$0

$0

$0

$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

0

$0

$0

$0

$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
#K98 Billings Street
Totals for #K98 Billings Street

110

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Adaman Irrigation Water Delivery District #36

Totals for Adaman Irrigation Water Delivery District #36

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$3,450,000

$555,000

$110,000

$2,785,000

$161,183

$1,590,849

1

$3,450,000

$555,000

$110,000

$2,785,000

$161,183

$1,590,849

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$2,648,042

$298,875

$1,424,083

$115,467

$3,475,377

1

$4,371,000

$2,648,042

$298,875

$1,424,083

$115,467

$3,475,377

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
Anthem Sun Valley CFD
Totals for Anthem Sun Valley CFD
Arizona Utilities CFD
Revenue
Totals for Arizona Utilities CFD

AZ 9-5 Housing
Totals for AZ 9-5 Housing
AZ 9-6 Housing
Totals for AZ 9-6 Housing

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 9-7 Housing

Totals for AZ 9-7 Housing
AZ 9-9 Housing
Totals for AZ 9-9 Housing
Berridge Manor IWDD #38
Totals for Berridge Manor IWDD #38

111

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Broadland Ranches Greenfield IWDD #39

Totals for Broadland Ranches Greenfield IWDD #39

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$730,000

$95,000

$3,160,000

$180,872

$1,531,319

3

$3,985,000

$730,000

$95,000

$3,160,000

$180,872

$1,531,319

2

$411,000

$175,615

$21,762

$213,623

**

2

$411,000

$175,615

$21,762

$213,623

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Buckeye Valley Fire District
Totals for Buckeye Valley Fire District
Buckeye Water Conservation and Drainage
Totals for Buckeye Water Conservation and 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 Citrus Irrigation District
Revenue
Totals for Chandler Heights Citrus 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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Citrus Gardens Irrigation WDD #33

Totals for Citrus Gardens Irrigation WDD #33
Clearwater Hills Fire District
Totals for Clearwater Hills Fire District
College Park Country Estates IWDD #53
Totals for College Park Country Estates IWDD #53

** Special Districts are not required to report interest

112

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Cortina Community Facilities District
2

$2,655,000

$395,000

$70,000

$2,190,000

$120,232

$1,077,963

2

$2,655,000

$395,000

$70,000

$2,190,000

$120,232

$1,077,963

2

$3,085,000

$610,000

$100,000

$2,375,000

$145,710

$1,656,041

2

$3,085,000

$610,000

$100,000

$2,375,000

$145,710

$1,656,041

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$14,670,000

$555,000

$800,000

$13,315,000

Totals for DC Ranch Community Facilities District

1

$14,670,000

$555,000

$800,000

$13,315,000

1

$4,555,000

$1,755,000

$305,000

$2,495,000

$112,885

$1,329,743

1

$4,555,000

$1,755,000

$305,000

$2,495,000

$112,885

$1,329,743

General Obligation

Totals for Cortina Community Facilities District
Cottonflower Community Facilities District
General Obligation
Totals for Cottonflower Community Facilities District
Cottonwoods Improvement District
Totals for Cottonwoods Improvement District
Cuatro Palmas Irrigation WDD #26

Totals for Cuatro Palmas Irrigation WDD #26
Daisy Mountain Fire District
Totals for Daisy Mountain Fire District
DC Ranch Community Facilities District

**

**

Eagle Mountain Community Facilities District
Special Assessment
Totals for Eagle Mountain Community Facilities District
East Morningside Irrigation WDD #8
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Revenue

1

$2,712,000

$0

$65,000

$2,647,000

$129,500

$129,500

Special Assessment

1

$3,250,000

$0

$0

$3,250,000

$0

$0

2

$5,962,000

$0

$65,000

$5,897,000

$129,500

$129,500

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for East Morningside Irrigation WDD #8
Eastmark Community Facilities District

Totals for Eastmark Community Facilities District
Electrical District #7
Totals for Electrical District #7

** Special Districts are not required to report interest
113

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Electrical District #8
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

2

$17,755,000

$1,920,000

$450,000

$15,385,000

$919,669

$6,525,829

Special Assessment

4

$27,646,000

$8,090,000

$1,125,000

$18,431,000

$1,293,081

$15,609,151

6

$45,401,000

$10,010,000

$1,575,000

$33,816,000

$2,212,750

$22,134,980

5
6

$17,135,000
$6,046,000

$2,690,000
$2,096,000

$785,000
$471,000

$13,660,000
$3,479,000

$727,471
$225,232

$3,324,615
$1,736,513

11

$23,181,000

$4,786,000

$1,256,000

$17,139,000

$952,703

$5,061,128

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 Electrical District #8
Elianto Community Facilities District
Totals for Elianto Community Facilities District
Estrella Mountain Ranch CFD

Totals for Estrella Mountain Ranch CFD

Festival Ranch Community Facilities District
General Obligation
Special Assessment
Totals for Festival Ranch Community Facilities District
Fountain Hills Road District
Totals for Fountain Hills Road District
Fountain Hills Sanitary District

Totals for Fountain Hills Sanitary District
Goldfield Ranch Fire District
Totals for Goldfield Ranch Fire District
Goodyear CFD - General
General Obligation
Totals for Goodyear CFD - General

5

$24,355,000

$13,205,000

$465,000

$10,685,000

$565,468

$8,261,320

5

$24,355,000

$13,205,000

$465,000

$10,685,000

$565,468

$8,261,320

7

$69,335,000

$9,465,000

$16,165,000

$43,705,000

$2,139,366

$22,684,453

7

$69,335,000

$9,465,000

$16,165,000

$43,705,000

$2,139,366

$22,684,453

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Goodyear CFD - Utilities

General Obligation
Totals for Goodyear CFD - Utilities
Groves at Superstition Ranch IWDD #40
Totals for Groves at Superstition Ranch IWDD #40

114

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$815,000

$184,000

$1,546,000

$102,375

$599,155

1

$2,545,000

$815,000

$184,000

$1,546,000

$102,375

$599,155

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
Harquahala Valley Power District

Totals for Harquahala Valley Power District
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 Community Facilities District
Totals for King Ranch Community Facilities District
Lamar Irrigation Water Delivery District #30
Totals for Lamar Irrigation Water Delivery District #30

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

115

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Longhorn Ranch Irrigation WDD #51

Totals for Longhorn Ranch Irrigation WDD #51

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$25,140,000

$2,700,000

$3,180,000

$19,260,000

$511,632

$989,292

1

$25,140,000

$2,700,000

$3,180,000

$19,260,000

$511,632

$989,292

Los Olivos Irrigation Water Delivery District #1
Totals for Los Olivos Irrigation Water Delivery District #1
Madison Park Irrigation WDD #22
Totals for Madison Park Irrigation WDD #22
Maricopa County Flood Control District

Totals for Maricopa County Flood Control District
Maricopa County Library District
Totals for Maricopa County Library District
Maricopa County Special Health Care
Totals for Maricopa County Special Health Care

Maricopa County Stadium District
Revenue
Totals for Maricopa County Stadium District
Maricopa County Street Lighting Improvement Districts
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$19,900,000

$129,974

$862,558

$18,907,468

$655,557

$735,648

2

$19,900,000

$129,974

$862,558

$18,907,468

$655,557

$735,648

General Obligation
Special Assessment

2
1

$7,345,000
$1,365,000

$930,000
$235,000

$170,000
$40,000

$6,245,000
$1,090,000

$405,732
$58,818

$2,694,448
$506,184

Totals for Marley Park Community Facilities District

3

$8,710,000

$1,165,000

$210,000

$7,335,000

$464,550

$3,200,632

Totals for Maricopa County Street Lighting Improvement
Maricopa Water Conservation District #1
Revenue

Totals for Maricopa Water Conservation District #1
Marley Park Community Facilities District

116

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

McDowell Homes Irrigation WDD #7

Totals for McDowell Homes Irrigation WDD #7

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$11,555,000

$1,075,000

$1,020,000

$9,460,000

1

$11,555,000

$1,075,000

$1,020,000

$9,460,000

**

1

$47,165,000

$4,775,000

$1,355,000

$41,035,000

$2,189,907

$15,495,263

1

$47,165,000

$4,775,000

$1,355,000

$41,035,000

$2,189,907

$15,495,263

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$4,435,000

$3,670,000

$240,000

$525,000

$35,425

$1,915,423

1

$4,435,000

$3,670,000

$240,000

$525,000

$35,425

$1,915,423

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

McDowell Mountain Ranch CFD
General Obligation
Totals for McDowell Mountain Ranch CFD

**

McDowell Road Commercial Corridor ID
Special Assessment
Totals for McDowell Road Commercial Corridor ID
McMicken Irrigation District

Totals for McMicken Irrigation District
Miller Road Improvement District
Special Assessment
Totals for Miller Road Improvement District
Mirielle Community Facilities District
Totals for Mirielle Community Facilities District

Mobile Gardens Domestic WID
Totals for Mobile Gardens Domestic WID
Morrison Ranch Irrigation WDD #49
Totals for Morrison Ranch Irrigation WDD #49

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Myrtle Park Irrigation WDD #10

Totals for Myrtle Park Irrigation WDD #10
New State Irrigation and Drainage District
Totals for New State Irrigation and Drainage District
Ocotillo Water Conservation District #68
Totals for Ocotillo Water Conservation District #68

** Special Districts are not required to report interest

117

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Olivewood Estates Irrigation WDD #29

Totals for Olivewood Estates Irrigation WDD #29

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$8,540,000

$1,125,000

$220,000

$7,195,000

$398,323

$2,912,969

2

$8,540,000

$1,125,000

$220,000

$7,195,000

$398,323

$2,912,969

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$4,950,000

$1,430,000

$325,000

$3,195,000

$142,694

$1,304,485

1

$4,950,000

$1,430,000

$325,000

$3,195,000

$142,694

$1,304,485

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Palm Valley Community Facilities District
General Obligation
Totals for Palm Valley Community Facilities District
Paloma Irrigation and Drainage District
Totals for Paloma Irrigation and Drainage District
Peoria Improvement District #0601

Special Assessment
Totals for Peoria Improvement District #0601
Peoria Improvement District #8801
Totals for Peoria Improvement District #8801
Peoria Improvement District #8802
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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Peoria Improvement District #9202

Totals for Peoria Improvement District #9202
Peoria Improvement District #9303
Totals for Peoria Improvement District #9303
Peoria Improvement District #9601
Totals for Peoria Improvement District #9601

118

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Peoria Improvement District #9602

Totals for Peoria Improvement District #9602

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$19,220,000

$0

$420,000

$18,800,000

$900,400

$2,105,936

1

$19,220,000

$0

$420,000

$18,800,000

$900,400

$2,105,936

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Peoria Improvement District #9603
Totals for Peoria Improvement District #9603
Peoria Improvement District #9801
Totals for Peoria Improvement District #9801
Phoenix Mesa Gateway Airport Authority

Revenue
Totals for Phoenix Mesa Gateway Airport Authority
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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Rancho-Grande and Landerwood IWDD #24

Totals for Rancho-Grande and 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

119

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Roosevelt Irrigation District

Totals for Roosevelt Irrigation District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$5,375,000

$3,495,000

$405,000

$1,475,000

1

$5,375,000

$3,495,000

$405,000

$1,475,000

1

$3,805,000

$260,000

$100,000

$3,445,000

1

$3,805,000

$260,000

$100,000

$3,445,000

1

$7,370,000

$2,020,000

$445,000

$4,905,000

$205,100

$1,588,393

1

$7,370,000

$2,020,000

$445,000

$4,905,000

$205,100

$1,588,393

Roosevelt Water Conservation District
Totals for Roosevelt Water Conservation District
Rose Lane Irrigation Water Delivery District #28
Totals for Rose Lane Irrigation Water Delivery District #2
San Tan Irrigation District

Totals for San Tan Irrigation District
Scottsdale Mountain CFD
General Obligation
Totals for Scottsdale Mountain CFD

**

**

**

**

Scottsdale Waterfront Commercial CFD
General Obligation
Totals for Scottsdale Waterfront Commercial CFD

Spectrum Improvement District
Special Assessment
Totals for Spectrum Improvement District
Spectrum Irrigation WDD #48
Totals for Spectrum Irrigation WDD #48

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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

** Special Districts are not required to report interest

120

Return to Table of Contents

TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Sun City West Fire District
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

3

$29,120,000

$1,945,000

$4,470,000

$22,705,000

$197,826

$2,591,252

Special Assessment

3

$20,525,000

$13,478,000

$1,543,000

$5,504,000

$445,498

$10,645,780

6

$49,645,000

$15,423,000

$6,013,000

$28,209,000

$643,324

$13,237,032

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for Sun City West Fire District
Sun Lakes Fire District
Totals for Sun Lakes Fire District
Sun View Estates I Irrigation WDD #55
Totals for Sun View Estates I Irrigation WDD #55
Sun View Estates II Irrigation WDD #54

Totals for Sun View Estates II Irrigation WDD #54
Sunburst Farms Irrigation District
Totals for Sunburst Farms Irrigation District
Sundance Community Facilities District

Totals for Sundance Community Facilities District
Surprise Street Lighting Improvement Districts
Totals for Surprise Street Lighting Improvement Districts
Tanner Groves Irrigation WDD #37
Totals for Tanner Groves Irrigation WDD #37

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$8,860,000

$1,148,000

$446,000

$7,266,000

$434,540

$3,173,202

2

$8,860,000

$1,148,000

$446,000

$7,266,000

$434,540

$3,173,202

1

$7,705,000

$5,970,000

$550,000

$1,185,000

$86,750

$3,915,419

1

$7,705,000

$5,970,000

$550,000

$1,185,000

$86,750

$3,915,419

Tartesso West Community Facilities District

General Obligation
Totals for Tartesso West Community Facilities District
Tatum Ranch Community Facilities District
General Obligation
Totals for Tatum Ranch Community Facilities District

121

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Tempe Improvement Districts
Special Assessment

Totals for Tempe Improvement Districts

3

$35,770,000

$10,095,000

$1,745,000

$23,930,000

$1,214,850

$5,586,416

3

$35,770,000

$10,095,000

$1,745,000

$23,930,000

$1,214,850

$5,586,416

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$497,000

$167,594

$77,912

$251,494

$9,884

$40,705

1

$497,000

$167,594

$77,912

$251,494

$9,884

$40,705

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Thoroughbred Farms Irrigation WDD #43
Totals for Thoroughbred Farms Irrigation WDD #43
Tonopah Irrigation District
Totals for Tonopah Irrigation District
Tonopah Valley Fire District

Totals for Tonopah Valley Fire District
Tonto Hills Domestic WID
Special Assessment
Totals for Tonto Hills Domestic WID
Tres Palmas Irrigation WDD #6
Totals for Tres Palmas Irrigation WDD #6

Trillium Community Facilities District
Totals for Trillium Community Facilities District
Turney Tract Irrigation WDD #15
Totals for Turney Tract Irrigation WDD #15

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$215,075,000

$12,640,000

$5,555,000

$196,880,000

$7,139,987

$27,751,229

2

$215,075,000

$12,640,000

$5,555,000

$196,880,000

$7,139,987

$27,751,229

4

$69,000,000

$5,885,000

$22,195,000

$40,920,000

$2,196,079

$23,503,998

4

$69,000,000

$5,885,000

$22,195,000

$40,920,000

$2,196,079

$23,503,998

1

$13,000,000

$1,500,000

$1,100,000

$10,400,000

$140,966

$2,407,413

1

$13,000,000

$1,500,000

$1,100,000

$10,400,000

$140,966

$2,407,413

Valley Metro Regional Public Transportation
Revenue

Totals for Valley Metro Regional Public Transportation
Verrado Community Facilities District
General Obligation
Totals for Verrado Community Facilities District
Verrado Western Overlay CFD
General Obligation
Totals for Verrado Western Overlay CFD

122

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Via Linda Road Community Facilities District
1

$2,000,000

$135,000

$165,000

$1,700,000

1

$2,000,000

$135,000

$165,000

$1,700,000

1

$3,940,000

$0

$250,000

$3,690,000

$67,921

$67,921

1

$3,940,000

$0

$250,000

$3,690,000

$67,921

$67,921

3

$67,560,000

$13,835,000

$2,630,000

$51,095,000

$2,924,474

$29,256,991

3

$67,560,000

$13,835,000

$2,630,000

$51,095,000

$2,924,474

$29,256,991

1

$49,000,000

$9,634,000

$3,504,000

$35,862,000

$2,210,734

$21,648,255

1

$49,000,000

$9,634,000

$3,504,000

$35,862,000

$2,210,734

$21,648,255

General Obligation

3

$7,590,000

$950,000

$400,000

$6,240,000

$340,336

$2,790,553

Special Assessment

1

$3,800,000

$1,511,000

$336,000

$1,953,000

$121,139

$1,584,395

4

$11,390,000

$2,461,000

$736,000

$8,193,000

$461,475

$4,374,948

0

$0

$0

$0

$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

Totals for Via Linda Road Community Facilities District

**

**

Village at Litchfield Park CFD
General Obligation
Totals for Village at Litchfield Park CFD
Vistancia Community Facilities District
Special Assessment
Totals for Vistancia Community Facilities District
Watson Road Community Facilities District

Special Assessment
Totals for Watson Road Community Facilities District
West Park Community Facilities District

Totals for West Park Community Facilities District
Western Meadows Irrigation District

Totals for Western Meadows Irrigation District
Whitcombs Roundup Ranchos IWDD #42
Totals for Whitcombs Roundup Ranchos IWDD #42
Wickenburg Rural Fire District
Totals for Wickenburg Rural Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$1,400,000

$520,000

$60,000

$820,000

$50,963

$1,096,207

2

$1,400,000

$520,000

$60,000

$820,000

$50,963

$1,096,207

2

$1,490,000

$415,000

$50,000

$1,025,000

$66,389

$1,043,223

2

$1,490,000

$415,000

$50,000

$1,025,000

$66,389

$1,043,223

Wildflower Ranch CFD #1

General Obligation
Totals for Wildflower Ranch CFD #1
Wildflower Ranch CFD #2
General Obligation
Totals for Wildflower Ranch CFD #2

** Special Districts are not required to report interest
123

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TABLE 27
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MARICOPA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Windsor Square Irrigation WDD #27
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

55

$337,150,000

$55,478,000

$50,641,000

$231,031,000

$9,345,796

$92,848,994

Revenue

10

$286,829,000

$18,293,631

$10,403,195

$258,132,174

$9,452,543

$35,186,982

Special Assessment

33

$286,986,988

$74,049,903

$14,345,466

$198,591,619

$11,296,100

$108,975,982

Grand Totals:

98

$910,965,988

$147,821,534

$75,389,661

$687,754,793

$30,094,439

$237,011,958

Totals for Windsor Square Irrigation WDD #27
Wittmann Fire District
Totals for Wittmann Fire District
Woodlea Irrigation WDD #2
Totals for Woodlea Irrigation WDD #2
Woolsey Flood Protection District

Totals for Woolsey Flood Protection District

** Special Districts are not required to report interest

124

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TABLE 28
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

Special Assessment

3

$62,846,424

$36,414,103

$3,170,298

$23,262,023

$673,304

$10,025,386

Totals for Bullhead City Sewer Improvement District

3

$62,846,424

$36,414,103

$3,170,298

$23,262,023

$673,304

$10,025,386

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$180,000

$0

$21,000

$159,000

$15,780

$15,780

1

$180,000

$0

$21,000

$159,000

$15,780

$15,780

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for Beaver Dam / Littlefield Fire District
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 District

Butler Road Improvement I & II
Totals for Butler Road Improvement I & II
Centennial Park Domestic WID
Special Assessment
Totals for Centennial Park Domestic WID

Cerbat Ranch Street Improvement District
Totals for Cerbat Ranch Street Improvement District
Chloride Domestic Water Improvement District
Totals for Chloride Domestic Water 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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Colorado City Fire District

Totals for Colorado City Fire District
Crystal Beach Water Conservation District
Totals for Crystal Beach Water Conservation District
Desert Hills Fire District
Totals for Desert Hills Fire District

125

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TABLE 28
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$324,244

$12,284

$193,172

$8,800

$271,454

1

$529,700

$324,244

$12,284

$193,172

$8,800

$271,454

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Golden Shores Fire District
Totals for Golden Shores Fire District
Golden Shores Water Conservation District
Totals for Golden Shores Water Conservation District
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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$11,820,000

$9,495,000

$1,130,000

$1,195,000

$127,875

$4,178,174

1

$11,820,000

$9,495,000

$1,130,000

$1,195,000

$127,875

$4,178,174

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Hospital District #1 of Mohave County
General Obligation

Totals for Hospital District #1 of Mohave County
Lake Havasu City Improvement District
Totals for Lake Havasu City Improvement District
Lake Havasu City Sanitary District
Totals for Lake Havasu City Sanitary District

126

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TABLE 28
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Lake Havasu Irrigation and Drainage District
Special Assessment

Totals for Lake Havasu Irrigation and Drainage District

2

$6,120,000

$6,025,000

$10,000

$85,000

$5,963

$255,326

2

$6,120,000

$6,025,000

$10,000

$85,000

$5,963

$255,326

0

$0

$0

$0

$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

$5,005,000

$501,270

$216,011

$4,287,719

$149,898

$162,301

1

$5,005,000

$501,270

$216,011

$4,287,719

$149,898

$162,301

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$46,000,000

$16,910,000

$3,700,000

$25,390,000

$1,169,062

$8,605,547

1

$46,000,000

$16,910,000

$3,700,000

$25,390,000

$1,169,062

$8,605,547

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
Moccasin Domestic WID
Totals for Moccasin Domestic WID
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 Improvement
Totals for Mohave County Television 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

Mohave Valley Fire District

Totals for Mohave Valley Fire District
Mohave Valley Irrigation and Drainage District
Totals for Mohave Valley Irrigation and Drainage District
Mohave Water Conservation District
Totals for Mohave Water Conservation District

127

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TABLE 28
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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
Pine Lake Fire District
Totals for Pine Lake Fire District
Pinion Pine Fire District

Totals for Pinion Pine Fire District
Rainbow Acres Street Improvement District
Totals for Rainbow Acres Street Improvement District
Rancho Verde Improvement District
Totals for Rancho Verde Improvement District

Scenic Improvement District
Totals for Scenic Improvement District
So-Hi Domestic Water Improvement District
Revenue
Totals for So-Hi Domestic Water Improvement District

2

$1,445,000

$1,147,418

$20,588

$276,994

$17,180

$253,855

2

$1,445,000

$1,147,418

$20,588

$276,994

$17,180

$253,855

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Sterling Community Facilities District #1

Totals for Sterling Community Facilities District #1
Sterling Community Facilities District #2
Totals for Sterling Community Facilities District #2
Topock / Golden Shores Sanitary District
Totals for Topock / Golden Shores Sanitary District

128

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TABLE 28
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN MOHAVE COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURENT FISCAL
YEAR

INTEREST PAID
TO DATE

Yucca Fire District
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

1

$11,820,000

$9,495,000

$1,130,000

$1,195,000

$127,875

$4,178,174

Revenue

4

$52,450,000

$18,558,688

$3,936,599

$29,954,713

$1,336,140

$9,021,703

Special Assessment

7

$69,676,124

$42,763,347

$3,213,582

$23,699,195

$703,847

$10,567,946

12

$133,946,124

$70,817,035

$8,280,181

$54,848,908

$2,167,862

Totals for Yucca Fire District

Grand Totals:

129

$23,767,823

Return to Table of Contents

TABLE 29
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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 District
Totals for Blue Lake Circle Road 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

1

$524,000

$176,000

$50,000

$298,000

$20,010

$158,404

1

$524,000

$176,000

$50,000

$298,000

$20,010

$158,404

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Buck Springs Road Improvement District
Totals for Buck Springs Road Improvement District

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

$226,347

$54,647

$909,916

$19,292

$106,672

1

$1,190,910

$226,347

$54,647

$909,916

$19,292

$106,672

Clay Springs Domestic WID
Totals for Clay Springs Domestic WID
Drifting Snow Loop Road Improvement District
Totals for Drifting Snow Loop Road Improvement District
Fawnbrook Domestic WID

Special Assessment
Totals for Fawnbrook Domestic WID
Heber Domestic Water Improvement District
Totals for Heber Domestic Water Improvement District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

130

Return to Table of Contents

TABLE 29
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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
0

$0

$0

$0

$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

$295,000

$69,171

$29,217

$196,612

$11,687

$38,709

Totals for Hilltop Drive Road Improvement District

1

$295,000

$69,171

$29,217

$196,612

$11,687

$38,709

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for Heber-Overgaard Sanitary District
Hiawatha Trail Road Improvement District
Totals for Hiawatha Trail Road Improvement District

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

131

Return to Table of Contents

TABLE 29
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Madison Lane Circle Improvement
Special Assessment

Totals for Madison Lane Circle Improvement

1

$43,313

$37,142

$3,110

$3,061

$196

$7,125

1

$43,313

$37,142

$3,110

$3,061

$196

$7,125

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

$201,842

$70,766

$25,900

$105,176

$5,764

$31,012

1

$201,842

$70,766

$25,900

$105,176

$5,764

$31,012

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 District

Totals for Mule Deer Way Road 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

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 District
Special Assessment
Totals for North Whistle Stop Loop Improvement District

1

$85,280

$44,345

$8,853

$32,082

$1,825

$14,216

1

$85,280

$44,345

$8,853

$32,082

$1,825

$14,216

132

Return to Table of Contents

TABLE 29
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Palomino Drive Road Improvement District

Totals for Palomino Drive Road Improvement District

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

$585,000

$170,000

$4,525,000

$343,281

$2,009,506

1

$5,280,000

$585,000

$170,000

$4,525,000

$343,281

$2,009,506

1

$169,539

$116,847

$9,512

$43,180

$2,700

$117,645

1

$169,539

$116,847

$9,512

$43,180

$2,700

$117,645

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

$69,354

$4,000

$112,653

$5,256

$112,833

1

$186,007

$69,354

$4,000

$112,653

$5,256

$112,833

1

$184,124

$124,648

$15,646

$43,830

$3,309

$44,360

1

$184,124

$124,648

$15,646

$43,830

$3,309

$44,360

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 District
Special Assessment
Totals for Scott's Pine Tract A Improvement District
Shoreline Drive CRID

Totals for Shoreline Drive CRID
Show Low Bluff Community Facilities District
General Obligation

1

$450,000

$15,000

$25,000

$410,000

$32,744

$92,128

Special Assessment

2

$2,494,000

$294,000

$125,000

$2,075,000

$119,975

$842,162

3

$2,944,000

$309,000

$150,000

$2,485,000

$152,719

$934,290

Totals for Show Low Bluff Community Facilities District

133

Return to Table of Contents

TABLE 29
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$5,000,000

$510,000

$120,000

$23,906

$3,937,050

1

$5,630,000

$5,000,000

$510,000

$120,000

$23,906

$3,937,050

1

$4,945,000

$3,010,000

$370,000

$1,565,000

$105,000

$3,257,525

1

$4,945,000

$3,010,000

$370,000

$1,565,000

$105,000

$3,257,525

1

$600,000

$261,000

$61,000

$278,000

$18,221

$165,014

1

$600,000

$261,000

$61,000

$278,000

$18,221

$165,014

1

$1,150,000

$621,950

$113,050

$415,000

$28,620

$369,405

1

$1,150,000

$621,950

$113,050

$415,000

$28,620

$369,405

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 Improvement

Totals for Silver Creek County 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

Silver Creek Flood Control District
Totals for Silver Creek Flood Control District
Sky-Hi Domestic Water Improvement District
Totals for Sky-Hi Domestic Water Improvement District
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

134

Return to Table of Contents

TABLE 29
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$197,674

$15,463

$32,613

$2,543

$62,278

1

$245,750

$197,674

$15,463

$32,613

$2,543

$62,278

Sweeping Vista Road Improvement District
Totals for Sweeping Vista Road 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

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 District #1
Totals for Timberland Acres Special Road District #1
Victory Heights Road Maintenance District
Totals for Victory Heights Road Maintenance District
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

$1,632,081

$103,923

$399,446

$24,892

$1,382,539

1

$2,135,450

$1,632,081

$103,923

$399,446

$24,892

$1,382,539

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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 District

Totals for Wild Cat Way Improvement District
Wild Horse Road #1
Totals for Wild Horse Road #1

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

135

Return to Table of Contents

TABLE 29
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN NAVAJO COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$84,209

$20,011

$76,732

$5,631

$46,245

1

$180,952

$84,209

$20,011

$76,732

$5,631

$46,245

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

$585,000

$170,000

$4,525,000

$343,281

$2,009,506

General Obligation

1

$450,000

$15,000

$25,000

$410,000

$32,744

$92,128

Special Assessment

18

$20,261,167

$12,035,534

$1,519,332

$6,706,301

$398,827

$10,693,194

Grand Totals:

20

$25,991,167

$12,635,534

$1,714,332

$11,641,301

$774,852

$12,794,828

Totals for Woodruff Fire District
Woodruff Irrigation District
Totals for Woodruff Irrigation District

136

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TABLE 30
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

2

$3,535,000

$369,000

$58,000

$3,108,000

$222,351

$379,893

2

$3,535,000

$369,000

$58,000

$3,108,000

$222,351

$379,893

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$6,500,000

$30,000

$5,375,000

$363,825

$6,644,202

1

$11,905,000

$6,500,000

$30,000

$5,375,000

$363,825

$6,644,202

4

$5,370,000

$3,415,000

$510,000

$1,445,000

$51,951

$987,737

4

$5,370,000

$3,415,000

$510,000

$1,445,000

$51,951

$987,737

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

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 District
Totals for Cmo Ojo De Agua Improvement District
Corona De Tucson Fire District
Totals for Corona De Tucson Fire District
Cortaro-Marana Irrigation District

Totals for Cortaro-Marana Irrigation District
Dove Mountain Resort CFD
Special Assessment
Totals for Dove Mountain Resort CFD
Drexel Heights Fire District
General Obligation

Totals for Drexel Heights Fire District
Flowing Wells Irrigation District
Totals for Flowing Wells Irrigation District

137

Return to Table of Contents

TABLE 30
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Gladden Farms Community Facilities District
4

$9,430,000

$880,000

$225,000

$8,325,000

$469,732

$3,583,955

4

$9,430,000

$880,000

$225,000

$8,325,000

$469,732

$3,583,955

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$13,310,000

$2,890,000

$1,255,000

$9,165,000

$469,988

$4,820,301

2

$13,310,000

$2,890,000

$1,255,000

$9,165,000

$469,988

$4,820,301

3

$18,105,000

$1,835,000

$7,600,878

$8,669,122

$243,018

$4,982,723

3

$18,105,000

$1,835,000

$7,600,878

$8,669,122

$243,018

$4,982,723

1

$10,000,000

$2,060,000

$425,000

$7,515,000

$342,067

$2,523,935

1

$10,000,000

$2,060,000

$425,000

$7,515,000

$342,067

$2,523,935

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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

$1,553,112

$406,193

$45,855

$1,101,064

$14,675

$190,896

Totals for Marana Domestic Water Improvement District

2

$1,553,112

$406,193

$45,855

$1,101,064

$14,675

$190,896

General Obligation

Totals for Gladden Farms Community Facilities District
Gladden Farms Phase II Community Facilities District
Totals for Gladden Farms Phase II Community Facilities
Golder Ranch Fire District
General Obligation
Totals for Golder Ranch Fire District

Green Valley Domestic WID
Revenue
Totals for Green Valley Domestic WID
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 Sewer District

Totals for La Cholla Sewer District
Marana Domestic Water Improvement District

138

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TABLE 30
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Metropolitan Domestic WID
Revenue

Totals for Metropolitan Domestic WID

9

$90,297,000

$31,064,999

$5,669,151

$53,562,850

$1,903,004

$17,540,331

9

$90,297,000

$31,064,999

$5,669,151

$53,562,850

$1,903,004

$17,540,331

1

$1,204,075

$140,550

$36,021

$1,027,504

$10,635

$40,477

1

$1,204,075

$140,550

$36,021

$1,027,504

$10,635

$40,477

0

$0

$0

$0

$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

$37,525,000

$7,505,000

$1,650,000

$28,370,000

$1,486,334

$11,623,899

3

$37,525,000

$7,505,000

$1,650,000

$28,370,000

$1,486,334

$11,623,899

1

$2,485,000

$409,000

$92,000

$1,984,000

$117,314

$752,332

1

$2,485,000

$409,000

$92,000

$1,984,000

$117,314

$752,332

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Mount Lemmon Domestic WID
Revenue
Totals for Mount Lemmon Domestic WID
Mount Lemmon Fire District
Totals for Mount Lemmon Fire District

Mountain Vista Fire District
Totals for Mountain Vista Fire District
Northwest Fire District
General Obligation
Totals for Northwest Fire District
Picture Rocks Fire District

General Obligation
Totals for Picture Rocks Fire District
Pima County Flood Control District
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

139

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TABLE 30
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Pima County Stadium District

Totals for Pima County Stadium District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$12,660,000

$1,760,000

$405,000

$10,495,000

$599,830

$5,225,645

1

$12,660,000

$1,760,000

$405,000

$10,495,000

$599,830

$5,225,645

1

$6,730,000

$5,155,000

$5,000

$1,570,000

$102,375

$2,853,929

1

$6,730,000

$5,155,000

$5,000

$1,570,000

$102,375

$2,853,929

1

$136,480,000

$13,845,000

$7,065,000

$115,570,000

$5,953,928

$18,151,939

1

$136,480,000

$13,845,000

$7,065,000

$115,570,000

$5,953,928

$18,151,939

2

$6,715,000

$1,450,000

$345,000

$4,920,000

$232,606

$1,402,499

2

$6,715,000

$1,450,000

$345,000

$4,920,000

$232,606

$1,402,499

1

$12,560,000

$760,000

$785,000

$11,015,000

$498,600

$2,406,055

1

$80,000,000

$5,110,000

$7,455,000

$67,435,000

$4,349,819

$24,940,440

2

$92,560,000

$5,870,000

$8,240,000

$78,450,000

$4,848,419

$27,346,495

0

$0

$0

$0

$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

$5,848,000

$1,495,000

$18,431,000

$1,338,301

$7,968,110

1

$25,774,000

$5,848,000

$1,495,000

$18,431,000

$1,338,301

$7,968,110

Quail Creek Community Facilities District
General Obligation
Totals for Quail Creek Community Facilities District
Red Hawk Canyon CFD
Special Assessment
Totals for Red Hawk Canyon CFD

Regional Transportation Authority
Revenue
Totals for Regional Transportation Authority
Rincon Valley Fire District
General Obligation
Totals for Rincon Valley Fire District
Rio Nuevo Multipurpose Facilities District

Certificate of Participation
Revenue
Totals for Rio Nuevo Multipurpose Facilities District
Sabino Vista Fire District
Totals for Sabino Vista Fire District
Saguaro Springs CFD

Totals for Saguaro Springs CFD
Tangerine Farms Road Improvement District
Special Assessment
Totals for Tangerine Farms Road Improvement District

140

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TABLE 30
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PIMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Tanque Verde Valley Fire District

Totals for Tanque Verde Valley Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$2,370,000

$720,000

$255,000

$1,395,000

$55,500

$248,868

1

$2,370,000

$720,000

$255,000

$1,395,000

$55,500

$248,868

2

$73,690,000

$15,305,000

$2,455,000

$55,930,000

2

$73,690,000

$15,305,000

$2,455,000

$55,930,000

**

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

2

$22,560,000

$2,820,000

$1,210,000

$18,530,000

$840,667

$4,929,990

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
Why Fire District

Totals for Why Fire District
Certificate of Participation
General Obligation

20

$93,400,000

$19,398,000

$4,795,000

$69,207,000

$3,705,606

$29,025,129

Revenue

19

$401,329,187

$67,706,742

$30,326,905

$303,295,540

$12,475,079

$65,846,806

3

$44,409,000

$17,503,000

$1,530,000

$25,376,000

$1,804,501

$17,466,241

44

$561,698,187

$107,427,742

$37,861,905

$416,408,540

$18,825,853

$117,268,166

Special Assessment
Grand Totals:

** Special Districts are not required to report interest

141

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TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

3

$12,356,221

$4,416,507

$2,340,624

$5,599,090

$278,869

$2,653,429

3

$12,356,221

$4,416,507

$2,340,624

$5,599,090

$278,869

$2,653,429

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Anthem at Merrill Ranch SLID #3
Totals for Anthem at Merrill Ranch SLID #3
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
Apache Villa IIIA Lighting District
Totals for Apache Villa IIIA Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 No. 2 Lighting District
Totals for Apache Villa No. 2 Lighting District

Apache Villa Unit 1 Lighting District
Totals for Apache Villa Unit 1 Lighting District
Apache Villa Unit 4 Lighting District
Totals for Apache Villa Unit 4 Lighting District

142

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TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Apache Villa V Lighting District

Totals for Apache Villa V Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$1,325,000

$290,000

$60,000

$975,000

$46,588

$405,566

1

$1,325,000

$290,000

$60,000

$975,000

$46,588

$405,566

Arizona City Fire District
General Obligation
Totals for Arizona City Fire District
Arizona City 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

Revenue

1

$0
$13,420,000

$563,157
$4,080,000

$98,092

1

$2,250,000
$17,500,000

$1,686,843

Special Assessment

$0

$28,000

$234,311
$13,070,500

2

$19,750,000

$13,420,000

$4,643,157

$1,686,843

$126,092

$13,304,811

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 and Drainage District

Totals for Central Arizona Irrigation and Drainage District
Cimmarron Lighting District
Totals for Cimmarron 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

Copper Mountain Ranch CFD
Totals for Copper Mountain Ranch CFD

Cortez Ranch Lighting District
Totals for Cortez Ranch Lighting District
Cottonwood Gardens Lighting District
Totals for Cottonwood Gardens Lighting District

143

Return to Table of Contents

TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Desert Vista Lighting District

Totals for Desert Vista 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 Sanitary District
Totals for Desert Vista Sanitary District
Dudleyville Fire District
Totals for Dudleyville Fire District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$20,915,000

$2,090,000

$585,000

$18,240,000

$792,060

$5,509,100

1

$20,915,000

$2,090,000

$585,000

$18,240,000

$792,060

$5,509,100

2

$136,235,000

$2,070,000

$2,880,000

$131,285,000

$5,859,224

$15,650,469

2

$136,235,000

$2,070,000

$2,880,000

$131,285,000

$5,859,224

$15,650,469

1

$17,470,000

$1,060,000

$295,000

$16,115,000

$958,206

$5,873,837

1

$17,470,000

$1,060,000

$295,000

$16,115,000

$958,206

$5,873,837

Electrical District #2
Revenue
Totals for Electrical District #2
Electrical District #3
Revenue
Totals for Electrical District #3
Electrical District #4
Revenue

Totals for Electrical District #4
Electrical District #5
Totals for Electrical District #5

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$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 #6
Totals for Electrical District #6

Eloy Fire District
Totals for Eloy Fire District
Enchanted Acres #1 Lighting District
Totals for Enchanted Acres #1 Lighting District

144

Return to Table of Contents

TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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
Green Reservoir Flood Control District
Totals for Green 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 and Drainage District
Totals for HoHoKam Irrigation and Drainage District
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

145

Return to Table of Contents

TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Maricopa Domestic Water Improvement District

Revenue
Special Assessment
Totals for Maricopa Domestic Water Improvement District

1
1

$278,529
$313,900

$42,040
$76,200

$10,068
$6,300

$226,421
$231,400

$6,087
$10,683

$37,005
$227,002

2

$592,429

$118,240

$16,368

$457,821

$16,770

$264,007

2

$4,620,000

$2,435,000

$435,000

$1,750,000

$104,774

$1,285,523

2

$4,620,000

$2,435,000

$435,000

$1,750,000

$104,774

$1,285,523

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

$353,012

$25,502

$345,596

$3,441

$17,349

1

$724,110

$353,012

$25,502

$345,596

$3,441

$17,349

0

$0

$0

$0

$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 and Drainage
Revenue
Totals for Maricopa-Stanfield Irrigation and Drainage

1

$1,500,000

$625,565

$150,393

$724,042

$36,608

$310,797

1

$1,500,000

$625,565

$150,393

$724,042

$36,608

$310,797

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1
4

$4,390,000
$3,297,000

$345,000
$692,760

$90,000
$521,350

$3,955,000
$2,082,890

$292,640
$240,071

$1,634,021
$1,158,571

5

$7,687,000

$1,037,760

$611,350

$6,037,890

$532,711

$2,792,592

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

146

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TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

2
3

$5,410,000
$3,587,500

$500,000
$755,910

$80,000
$437,630

$4,830,000
$2,393,960

$166,414
$277,054

$530,634
$1,350,816

5

$8,997,500

$1,255,910

$517,630

$7,223,960

$443,468

$1,881,450

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

$155,000

$45,000

$1,135,000

$64,880

$619,956

1

$1,335,000

$155,000

$45,000

$1,135,000

$64,880

$619,956

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$172,405

$25,129

$4,110

$143,166

$6,604

$63,860

1

$172,405

$25,129

$4,110

$143,166

$6,604

$63,860

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

New Magma Irrigation and Drainage District
Totals for New Magma Irrigation and 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

$73,367

$16,103

$1,247,855

$55,269

$399,388

1

$1,337,325

$73,367

$16,103

$1,247,855

$55,269

$399,388

0

$0

$0

$0

$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

147

Return to Table of Contents

TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$306,677

$9,353

$78,930

$3,965

$192,379

1

$394,960

$306,677

$9,353

$78,930

$3,965

$192,379

0

$0

$0

$0

$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 District
Totals for Renaissance Point Unit 1 Lighting District
Renaissance Point Unit 2 Lighting District
Totals for Renaissance Point Unit 2 Lighting District

148

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TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Revenue

1

$251,000

$29,008

$3,543

$218,449

$10,456

$135,007

Totals for Seven Ranches Domestic WID

1

$251,000

$29,008

$3,543

$218,449

$10,456

$135,007

1

$700,000

$22,353

$8,074

$669,573

$27,786

$109,579

1

$700,000

$22,353

$8,074

$669,573

$27,786

$109,579

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for Sandia Community Facilities District

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

1

$9,500,000

$2,015,000

$390,000

$7,095,000

$365,910

$2,856,385

1

$9,500,000

$2,015,000

$390,000

$7,095,000

$365,910

$2,856,385

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 Fire and Medical District
General Obligation
Totals for Superstition Fire and Medical District
Superstition Lighting District
Totals for Superstition Lighting District

149

Return to Table of Contents

TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Superstition Meadows Lighting District

Totals for Superstition Meadows Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$26,182,000

$537,000

$1,553,000

$24,092,000

$954,518

$1,215,134

1

$26,182,000

$537,000

$1,553,000

$24,092,000

$954,518

$1,215,134

Superstition Mountains CFD
Revenue
Totals for Superstition Mountains CFD
Superstition View Lighting District
Totals for Superstition View Lighting District

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

4

$4,877,300

$425,190

$150,011

$4,302,099

$39,935

$296,204

4

$4,877,300

$425,190

$150,011

$4,302,099

$39,935

$296,204

0

$0

$0

$0

$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 Improvement District
Revenue
Totals for Thunderbird Farms Improvement District
Thunderbird Farms Irrigation WDD #3
Totals for Thunderbird Farms Irrigation WDD #3
Thunderbird Fire District

Totals for Thunderbird Fire District
Thunderbird Irrigation WDD #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

Revenue

1

$448,000

$9,685

$7,067

$431,248

$11,965

$29,242

Totals for Valle Escondido Domestic WID

1

$448,000

$9,685

$7,067

$431,248

$11,965

$29,242

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Totals for Thunderbird Irrigation WDD #1
Thunderbird Irrigation WDD #2
Totals for Thunderbird Irrigation WDD #2

Valle Escondido Domestic WID

Villa Grande Improvement District
Totals for Villa Grande Improvement District

150

Return to Table of Contents

TABLE 31
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN PINAL COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Villago Community Facilities District

3

$3,405,000

$450,000

$60,000

$2,895,000

$178,640

$806,635

Totals for Villago Community Facilities District

3

$3,405,000

$450,000

$60,000

$2,895,000

$178,640

$806,635

General Obligation

11

$29,985,000

$6,190,000

$1,160,000

$22,635,000

$1,219,846

$8,138,720

Revenue

22

$226,091,850

$12,085,533

$8,601,005

$205,405,312

$9,143,084

$32,727,090

9

$24,698,400

$14,944,870

$5,045,280

$4,708,250

$555,808

$15,806,889

42

$280,775,250

$33,220,403

$14,806,285

$232,748,562

$10,918,738

$56,672,699

General Obligation

Special Assessment
Grand Totals:

151

Return to Table of Contents

TABLE 32
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN SANTA CRUZ COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$420,000

$140,000

$4,970,000

$273,507

$1,414,805

2

$5,530,000

$420,000

$140,000

$4,970,000

$273,507

$1,414,805

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

$6,500,000

$1,425,000

$36,665,000

$1,823,507

$11,560,989

Totals for Santa Cruz County Jail District

1

$44,590,000

$6,500,000

$1,425,000

$36,665,000

$1,823,507

$11,560,989

0

$0

$0

$0

$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

$1,240,000

$0

$5,555,000

$286,725

$1,424,459

1

$6,795,000

$1,240,000

$0

$5,555,000

$286,725

$1,424,459

General Obligation

3

$12,325,000

$1,660,000

$140,000

$10,525,000

$560,232

$2,839,264

Revenue

1

$44,590,000

$6,500,000

$1,425,000

$36,665,000

$1,823,507

$11,560,989

Grand Totals:

4

$56,915,000

$8,160,000

$1,565,000

$47,190,000

$2,383,739

$14,400,253

General Obligation
Totals for Tubac Fire District

152

Return to Table of Contents

TABLE 33
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

1
1

$5,505,900
$5,505,900

$205,427
$205,427

$70,917
$70,917

$5,229,556
$5,229,556

$1,055
$1,055

$1,487
$1,487

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$861,000
$861,000

$58,330
$58,330

$18,255
$18,255

$784,415
$784,415

$32,924
$32,924

$164,876
$164,876

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$12,602,000

$3,038,946

$1,017,155

$8,545,899

$314,567

$1,994,270

1
5

$144,900
$12,746,900

$133,852
$3,172,798

$11,048
$1,028,203

$0
$8,545,899

$314,567

$1,994,270

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
Revenue
Totals for Big Park Domestic Wastewater Improvement
Black Canyon City Water Improvement District
Totals for Black Canyon City Water Improvement District
Black Canyon Fire District

General Obligation
Totals for Black Canyon Fire District
Bryce Canyon Drive Domestic WWID
Totals for Bryce Canyon Drive Domestic WWID
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

153

Return to Table of Contents

TABLE 33
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

3
3

$23,150,000
$23,150,000

$4,335,000
$4,335,000

$6,205,000
$6,205,000

$12,610,000
$12,610,000

$470,516
$470,516

$5,556,412
$5,556,412

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$5,325,000
$5,325,000

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

$245,000
$245,000

$3,990,000
$3,990,000

$200,861
$200,861

$1,643,178
$1,643,178

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$832,000
$832,000

$80,000
$80,000

$640,000
$640,000

$43,520
$43,520

$962,987
$962,987

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$1,525,000
$1,525,000
154

$390,000
$390,000

$585,000
$585,000

$51,112
$51,112

$1,338,045
$1,338,045

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 District
Special Assessment
Totals for Coyote Springs Road Improvement District
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 District
Special Assessment
Totals for Eastridge Community Facilities District

Return to Table of Contents

TABLE 33
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$4,685,000
$4,685,000

$600,000
$600,000

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

**

**

1
1

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

$810,000
$810,000

$25,000
$25,000

$405,000
$405,000

**

**

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

2
2

$1,250,000
$1,250,000

$49,751
$49,751

$550,899
$550,899

$649,350
$649,350

**

**

2
2

$384,996
$384,996

$97,228
$97,228

$135,869
$135,869

$151,899
$151,899

$759
$759

$7,262
$7,262

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0
155

$0
$0

$0
$0

$0
$0

$0
$0

Groom Creek Fire District
Totals for Groom Creek Fire District
Hassayampa Community Facilities District
Special Assessment
Totals for Hassayampa Community Facilities District
Hassayampa Community Facilities District #2
Special Assessment
Totals for Hassayampa Community Facilities District #2

High Valley Ranch Domestic Wastewater ID
Totals for High Valley Ranch Domestic Wastewater ID

$0
$0

Highland Pines Domestic WID
Revenue
Totals for Highland Pines Domestic WID
Holiday Hills Domestic WID

Revenue
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

Return to Table of Contents

TABLE 33
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

$135,000
$135,000

$25,000
$25,000

$765,000
$765,000

$37,200
$37,200

$274,098
$274,098

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

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

$280,000
$280,000

$100,000
$100,000

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

$162,863
$162,863

$1,253,207
$1,253,207

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$400,000
$400,000

$191,068
$191,068

$20,188
$20,188

$188,744
$188,744

$1,598
$1,598

$26,480
$26,480

1
1

$1,857,000
$1,857,000

$282,000
$282,000

$95,000
$95,000

$1,480,000
$1,480,000

$101,197
$101,197

$524,469
$524,469

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

1
1

$95,840
$95,840

$50,900
$50,900

$5,044
$5,044

$39,896
$39,896

$1,154
$1,154

$16,186
$16,186

3
3

$13,150,000
$13,150,000

$870,000
$870,000

$6,130,000
$6,130,000

$6,150,000
$6,150,000

$99,258
$99,258

$3,766,957
$3,766,957

1
1

$256,300
$256,300

$45,347
$45,347

$13,669
$13,669

$197,284
$197,284

$12,285
$12,285

$66,427
$66,427

2
2

$12,750,000
$12,750,000

$860,000
$860,000

$6,080,000
$6,080,000

$5,810,000
$5,810,000

$54,388
$54,388

$3,261,596
$3,261,596

1
1

$925,446
$925,446

$704,801
$704,801
156

$20,248
$20,248

$200,397
$200,397

$7,033
$7,033

$116,828
$116,828

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
Prescott Water Improvement District P164
Special Assessment
Totals for Prescott Water Improvement District P164
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 District
Special Assessment
Totals for Raven Ridge Community Facilities District

Return to Table of Contents

TABLE 33
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Red Rock Road Enhancement Maintenance

Totals for Red Rock Road Enhancement Maintenance

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

$896,000
$896,000

$59,000
$59,000

$2,070,000
$2,070,000

$149,002
$149,002

$1,118,197
$1,118,197

1
1

$8,540,000
$8,540,000

$0
$0

$0
$0

$8,540,000
$8,540,000

$203,062
$203,062

$203,062
$203,062

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0
157

$0
$0

$0
$0

$0
$0

$0
$0

Retreat at Oak Creek Domestic WID
Totals for Retreat at Oak Creek Domestic WID
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
Tapadero Domestic Wastewater Improvement

Totals for Tapadero Domestic Wastewater Improvement
TiPeJi Domestic Water Improvement District
Totals for TiPeJi Domestic Water Improvement District
Verde Valley Fire District
Totals for Verde Valley Fire District

Return to Table of Contents

TABLE 33
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YAVAPAI COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Williamson 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

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

14
11
9

$68,126,000
$20,399,196
$18,655,186

$7,628,330
$3,627,767
$9,919,553

$18,803,255
$1,808,697
$1,285,340

$41,694,415
$14,962,732
$7,450,293

$1,261,072
$330,264
$353,018

$16,123,386
$2,095,926
$4,076,712

Grand Totals:

34

$107,180,382

$21,175,650

$21,897,292

$64,107,440

$1,944,354

$22,296,024

Totals for Williamson Valley Fire District
Yarnell Fire District
Totals for Yarnell Fire District
Yarnell Street Lighting District
Totals for Yarnell Street Lighting District
Yavapai County Flood Control District

Totals for Yavapai County Flood Control District
Yavapai County Jail District
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

** Special Districts are not required to report interest

158

Return to Table of Contents

TABLE 34
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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
0

$0

$0

$0

$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

$8,650,000

$74,000

$12,223,000

$18,905

$4,137,659

2

$20,947,000

$8,650,000

$74,000

$12,223,000

$18,905

$4,137,659

2

$398,285

$289,282

$10,726

$98,277

$3,788

$122,309

2

$398,285

$289,282

$10,726

$98,277

$3,788

$122,309

Special Assessment

1

$479,610

$250,616

$14,102

$214,892

$9,836

$151,448

Totals for Gadsden Townsite Improvement District

1

$479,610

$250,616

$14,102

$214,892

$9,836

$151,448

Totals for Donovan Estates Improvement District
Downtown Mall Maintenance Improvement
Totals for Downtown Mall Maintenance Improvement
East San Luis Community Facilities District

Special Assessment
Totals for East San Luis Community Facilities District
El Prado Estates Improvement District
Special Assessment
Totals for El Prado Estates Improvement District
Gadsden Townsite Improvement District

Gila Valley Anti-Noxious Weed District
Totals for Gila Valley Anti-Noxious Weed 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

Hillander "C" Irrigation District
Totals for Hillander "C" Irrigation District
Hyder Valley Irrigation Water Delivery #35

Totals for Hyder Valley Irrigation Water Delivery #35

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

1

$7,280,000

$6,330,000

$950,000

$0

$17,575

$1,646,007

1

$7,280,000

$6,330,000

$950,000

$0

$17,575

$1,646,007

1

$3,875,000

$1,365,000

$265,000

$2,245,000

$111,743

$1,233,085

1

$3,875,000

$1,365,000
159

$265,000

$2,245,000

$111,743

$1,233,085

Improvement District #67
Special Assessment
Totals for Improvement District #67
Improvement District #68
Special Assessment
Totals for Improvement District #68

Return to Table of Contents

TABLE 34
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Links at Coyote Wash CFD

Totals for Links at Coyote Wash CFD

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

North Gila Valley Irrigation District
Totals for North Gila Valley 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

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

Unit B Irrigation District
Totals for Unit B Irrigation District
Wellton-Mohawk Anti-Noxious Weed District

Totals for Wellton-Mohawk Anti-Noxious Weed District
Wellton-Mohawk Irrigation & Drainage District
Totals for Wellton-Mohawk Irrigation & Drainage District
Yuma County Airport Authority
Totals for Yuma County Airport Authority

Yuma County Citrus Pest Control District
Totals for Yuma County Citrus Pest 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

Yuma County Flood Control District
Totals for Yuma County Flood Control District
Yuma County Hospital District #1

Totals for Yuma County Hospital District #1

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

2

$3,437,915

$253,740

$128,690

$3,055,485

$81,608

$277,462

2

$3,437,915

$253,740

$128,690

$3,055,485

$81,608

$277,462

1

$8,000,000

$1,255,000

$725,000

$6,020,000

$310,575

$914,576

1

$8,000,000

$1,255,000
160

$725,000

$6,020,000

$310,575

$914,576

Yuma County Improvement District
Special Assessment
Totals for Yuma County Improvement District
Yuma County Jail District
Revenue
Totals for Yuma County Jail District

Return to Table of Contents

TABLE 34
SPECIAL DISTRICT FY 2014 BONDED INDEBTEDNESS IN YUMA COUNTY
SPECIAL DISTRICT NAME
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Yuma County Library District

General Obligation
Totals for Yuma County Library District

2

$53,765,000

$8,225,000

$1,230,000

$44,310,000

$2,109,975

$15,241,601

2

$53,765,000

$8,225,000

$1,230,000

$44,310,000

$2,109,975

$15,241,601

Yuma County Pest Abatement District
0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

0

$0

$0

$0

$0

$0

$0

General Obligation

2

$53,765,000

$8,225,000

$1,230,000

$44,310,000

$2,109,975

$15,241,601

Revenue

1

$8,000,000

$1,255,000

$725,000

$6,020,000

$310,575

$914,576

Special Assessment

9

$36,417,810

$17,138,638

$1,442,518

$17,836,654

$243,455

$7,567,970

12

$98,182,810

$26,618,638

$3,397,518

$68,166,654

$2,664,005

$23,724,147

Totals for Yuma County Pest Abatement District
Yuma Irrigation District
Totals for Yuma Irrigation District
Yuma Mesa Irrigation and Drainage District

Totals for Yuma Mesa Irrigation and Drainage District

Grand Totals:

161

Return to Table of Contents

TABLE 35
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SPECIAL DISTRICT

SPECIAL DISTRICT

COUNTY

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL OUTSTANDING
DEBT

Valley Metro Regional Public Transportation

Maricopa

$196,880,000

$0

$196,880,000

Electrical District #3

Pinal

$131,285,000

$0

$131,285,000

Regional Transportation Authority

Pima

$115,570,000

$0

$115,570,000

Rio Nuevo Multipurpose Facilities District

Pima

$78,450,000

$0

$78,450,000

Tucson Airport Authority

Pima

$55,930,000

$0

$55,930,000

Metropolitan Domestic WID

Pima

$53,562,850

$730,534

$54,293,384

Vistancia Community Facilities District

Maricopa

$51,095,000

$0

$51,095,000

Yuma County Library District

Yuma

$44,310,000

$0

$44,310,000

Goodyear CFD - Utilities

Maricopa

$43,705,000

$0

$43,705,000

McDowell Road Commercial Corridor ID

Maricopa

$41,035,000

$0

$41,035,000

Verrado Community Facilities District

Maricopa

$40,920,000

$0

$40,920,000

Santa Cruz County Jail District

Santa Cruz

$36,665,000

$117,354

$36,782,354

Watson Road Community Facilities District

Maricopa

$35,862,000

$0

$35,862,000

Estrella Mountain Ranch CFD

Maricopa

$33,816,000

$0

$33,816,000

Northwest Fire District

Pima

$28,370,000

$0

$28,370,000

Sundance Community Facilities District

Maricopa

$28,209,000

$0

$28,209,000

Mohave County Jail District

Mohave

$25,390,000

$0

$25,390,000

Superstition Mountains CFD

Pinal

$24,092,000

$0

$24,092,000

Tempe Improvement Districts

Maricopa

$23,930,000

$0

$23,930,000

Bullhead City Sewer Improvement District

Mohave

$23,262,023

$0

$23,262,023

Phoenix Mesa Gateway Airport Authority

Maricopa

$18,800,000

$2,768,970

$21,568,970

Maricopa County Stadium District

Maricopa

$19,260,000

$0

$19,260,000

Maricopa Water Conservation District #1

Maricopa

$18,907,468

$0

$18,907,468

Tangerine Farms Road Improvement District

Pima

$18,431,000

$0

$18,431,000

Electrical District #2

Pinal

$18,240,000

$0

$18,240,000

Festival Ranch Community Facilities District

Maricopa

$17,139,000

$0

$17,139,000

Electrical District #4

Pinal

$16,115,000

$0

$16,115,000

DC Ranch Community Facilities District

Maricopa

$13,315,000

$0

$13,315,000

Central Yavapai Fire District

Yavapai

$12,610,000

$0

$12,610,000

East San Luis Community Facilities District

Yuma

$12,223,000

$0

$12,223,000

Golder Ranch Fire District

Pima

$9,165,000

$1,897,605

$11,062,605

Goodyear CFD - General

Maricopa

$10,685,000

$0

$10,685,000

Quail Creek Community Facilities District

Pima

$10,495,000

$0

$10,495,000

Verrado Western Overlay CFD

Maricopa

$10,400,000

$0

$10,400,000

Pima County Stadium District

Pima

$0

$10,375,000

$10,375,000

McDowell Mountain Ranch CFD

Maricopa

$9,460,000

$0

$9,460,000

Maricopa County Special Health Care

Maricopa

$0

$8,758,741

$8,758,741

Green Valley Domestic WID

Pima

$8,669,122

$0

$8,669,122

Flagstaff Special Districts

Coconino

$8,605,000

$0

$8,605,000

Camp Verde Sanitary District

Yavapai

$8,545,899

$0

$8,545,899

Stoneridge Community Facilities District

Yavapai

$8,540,000

$0

$8,540,000

Gladden Farms Community Facilities District

Pima

$8,325,000

$0

$8,325,000

West Park Community Facilities District

Maricopa

$8,193,000

$0

$8,193,000

Green Valley Fire District

Pima

$7,515,000

$234,039

$7,749,039

Marley Park Community Facilities District

Maricopa

$7,335,000

$0

$7,335,000

162

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TABLE 35
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SPECIAL DISTRICT

SPECIAL DISTRICT

COUNTY

Tartesso West Community Facilities District

Maricopa

Mountain Vista Fire District

Pima

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL OUTSTANDING
DEBT

$7,266,000

$0

$7,266,000

$0

$7,259,196

$7,259,196

Merrill Ranch Community Facilities District #2

Pinal

$7,223,960

$0

$7,223,960

Palm Valley Community Facilities District

Maricopa

$7,195,000

$0

$7,195,000

Superstition Fire and Medical District

Pinal

$7,095,000

$18,886

$7,113,886

Pine Strawberry Water Improvement District

Gila

$0

$6,902,000

$6,902,000

Yuma County Airport Authority

Yuma

$0

$6,205,102

$6,205,102

Pronghorn Ranch CFD

Yavapai

$6,150,000

$0

$6,150,000

Merrill Ranch Community Facilities District #1

Pinal

$6,037,890

$0

$6,037,890

Yuma County Jail District

Yuma

$6,020,000

$0

$6,020,000

Eastmark Community Facilities District

Maricopa

$5,897,000

$0

$5,897,000

Sun City West Fire District

Maricopa

$0

$5,830,308

$5,830,308

Quailwood Meadows CFD

Yavapai

$5,810,000

$0

$5,810,000

Tubac Fire District

Santa Cruz

$5,555,000

$207,392

$5,762,392

Apache Junction Water Utilities CFD

Pinal

$5,599,090

$0

$5,599,090

Dove Mountain Resort CFD

Pima

$5,375,000

$0

$5,375,000

Rio Rico Fire District

Santa Cruz

$4,970,000

$300,000

$5,270,000

Big Park Domestic Wastewater Improvement

Yavapai

$5,229,556

$0

$5,229,556

Rincon Valley Fire District

Pima

$4,920,000

$0

$4,920,000

Spectrum Improvement District

Maricopa

$4,905,000

$0

$4,905,000

Arizona Utilities CFD

Maricopa

$1,424,083

$3,217,354

$4,641,437

Pinetop Fire District

Navajo

$4,525,000

$0

$4,525,000

Thunderbird Farms Improvement District

Pinal

$4,302,099

$0

$4,302,099

Mohave County Airport Authority

Mohave

$4,287,719

$0

$4,287,719

$4,245,000

$0

$4,245,000

$0

$4,050,775

$4,050,775

$3,990,000

$0

$3,990,000

$0

$3,921,104

$3,921,104

$3,690,000

$0

$3,690,000

Apache County Library District

Apache

Highlands Fire District

Coconino

Chino Valley Fire District

Yavapai

Arizona City Sanitary District

Pinal

Village at Litchfield Park CFD

Maricopa

Buckskin Sanitary District

La Paz

$3,607,401

$0

$3,607,401

Avra Valley Fire District

Pima

$3,108,000

$452,596

$3,560,596

Scottsdale Waterfront Commercial CFD

Maricopa

$3,445,000

$0

$3,445,000

Peoria Improvement District #0601

Maricopa

$3,195,000

$0

$3,195,000

Centerra Community Facilities District

Maricopa

$3,160,000

$0

$3,160,000

Summit Fire District

Coconino

$0

$3,113,508

$3,113,508

Yuma County Improvement District

Yuma

$3,055,485

$0

$3,055,485

Parkway Community Facilities District

Yavapai

$3,045,000

$0

$3,045,000

Buckeye Valley Fire District

Maricopa

$0

$3,033,585

$3,033,585

Villago Community Facilities District

Pinal

$2,895,000

$0

$2,895,000

Agua Fria Ranch CFD

Maricopa

$2,785,000

$0

$2,785,000

Mayer Fire District

Yavapai

$765,000

$1,918,149

$2,683,149

Picture Rocks Fire District

Pima

$1,984,000

$515,202

$2,499,202

Eagle Mountain Community Facilities District

Maricopa

$2,495,000

$0

$2,495,000

Show Low Bluff Community Facilities District

Navajo

$2,485,000

$0

$2,485,000

Pinewood Sanitary District

Coconino

$2,165,536

$311,317

$2,476,853

163

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TABLE 35
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SPECIAL DISTRICT

SPECIAL DISTRICT

COUNTY

Cottonflower Community Facilities District

Maricopa

Sedona Fire District

Yavapai

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL OUTSTANDING
DEBT

$2,375,000

$0

$2,375,000

$0

$2,336,524

$2,336,524

Improvement District #68

Yuma

$2,245,000

$0

$2,245,000

Cortina Community Facilities District

Maricopa

$2,190,000

$0

$2,190,000

Southside Community Facilities District

Yavapai

$2,070,000

$0

$2,070,000

Hassayampa Community Facilities District

Yavapai

$2,030,000

$0

$2,030,000

Arizona City Fire District

Pinal

$975,000

$1,020,171

$1,995,171

Maricopa Fire District

Pinal

$1,750,000

N/A

$1,750,000

Via Linda Road Community Facilities District

Maricopa

$1,700,000

$0

$1,700,000

Ehrenberg Fire District

La Paz

$0

$1,693,183

$1,693,183

Central Arizona Irrigation and Drainage District

Pinal

La Paz County Jail District

La Paz

Red Hawk Canyon CFD

Pima

$1,686,843

$0

$1,686,843

$0

$1,585,000

$1,585,000

$1,570,000

$0

$1,570,000

Show Low Improvement District #6

Navajo

$1,565,000

$0

$1,565,000

Jackrabbit Trail Improvement District

Maricopa

$1,546,000

$0

$1,546,000

Corona De Tucson Fire District

Pima

$0

$1,498,962

$1,498,962

Poquito Valley Road Improvement District

Yavapai

$1,480,000

$0

$1,480,000

Scottsdale Mountain CFD

Maricopa

$1,475,000

$0

$1,475,000

Drexel Heights Fire District

Pima

$1,445,000

$0

$1,445,000

Three Points Fire District

Pima

$1,395,000

$0

$1,395,000

Show Low Fire District

Navajo

$0

$1,316,872

$1,316,872

Papago Butte Domestic WID

Pinal

$1,247,855

$0

$1,247,855

Hospital District #1 of Mohave County

Mohave

$1,195,000

$0

$1,195,000

Tatum Ranch Community Facilities District

Maricopa

$1,185,000

$0

$1,185,000

Mission Royale Community Facilities District

Pinal

$1,135,000

$0

$1,135,000

Marana Domestic Water Improvement District

Pima

$1,101,064

$0

$1,101,064

Mount Lemmon Domestic WID

Pima

$1,027,504

$0

$1,027,504

Wildflower Ranch CFD #2

Maricopa

$1,025,000

$0

$1,025,000

Camp Verde Fire District

Yavapai

$0

$960,385

$960,385

Bullhead City Fire District

Mohave

$0

$958,863

$958,863

Fawnbrook Domestic WID

Navajo

$909,916

$0

$909,916

Northern Apache County Health Care

Apache

$0

$839,992

$839,992

Wildflower Ranch CFD #1

Maricopa

$820,000

$0

$820,000

Black Canyon Fire District

Yavapai

$784,415

$0

$784,415

Hellsgate Fire District

Gila

$0

$768,839

$768,839

Maricopa-Stanfield Irrigation and Drainage

Pinal

Lakeside Fire District

Navajo

$724,042

$0

$724,042

$0

$692,429

$692,429

Silverbell Irrigation and Drainage District

Pinal

$669,573

$0

$669,573

Highland Pines Domestic WID

Yavapai

$649,350

$0

$649,350

Coyote Springs Road Improvement District

Yavapai

$640,000

$0

$640,000

Eastridge Community Facilities District

Yavapai

$585,000

$0

$585,000

Miller Road Improvement District

Maricopa

$525,000

$0

$525,000

Nutrioso Volunteer Fire District

Apache

$0

$501,448

$501,448

Ponderosa Fire District

Coconino

$0

$490,952

$490,952

Vernon Fire District

Apache

$0

$487,154

$487,154

164

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TABLE 35
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SPECIAL DISTRICT

SPECIAL DISTRICT

COUNTY

Tri-City / Central Heights Fire District

Gila

Maricopa Domestic Water Improvement District

Pinal

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL OUTSTANDING
DEBT

$0

$480,782

$480,782

$457,821

$0

$457,821

Pine Creek Canyon Domestic WID

Gila

$0

$447,437

$447,437

Northern Gila County Sanitary District

Gila

$435,000

$0

$435,000

Valle Escondido Domestic WID

Pinal

$431,248

$0

$431,248

Shumway Road Improvement District

Navajo

$415,000

$0

$415,000

Montezuma Rimrock Fire District

Yavapai

$0

$408,440

$408,440

Hassayampa Community Facilities District #2

Yavapai

$405,000

$0

$405,000

White Mountain Summer Home

Navajo

$399,446

$0

$399,446

Joseph City Domestic WID

Navajo

$0

$379,663

$379,663

Tusayan Fire District

Coconino

$0

$356,559

$356,559

Bowie Water Improvement

Cochise

$0

$350,179

$350,179

Maricopa Mountain Domestic WID

Pinal

$345,596

$0

$345,596

Daisy Mountain Fire District

Maricopa

$0

$329,750

$329,750

Antelope Peak Domestic WID

Pinal

$0

$317,735

$317,735

Toho Tolani Road Improvement

Coconino

$315,000

$0

$315,000

North Stardust/Antelope Trails Road ID

Coconino

$305,000

$0

$305,000

Bucking Horse Improvement District

Navajo

$298,000

$0

$298,000

Wittmann Fire District

Maricopa

$0

$296,363

$296,363

Wenden Domestic WID

La Paz

$0

$278,692

$278,692

Show Low Improvement District #7

Navajo

$278,000

$0

$278,000

So-Hi Domestic Water Improvement District

Mohave

$276,994

$0

$276,994

Tonopah Valley Fire District

Maricopa

$0

$274,047

$274,047

Pinewood Fire District

Coconino

$0

$272,464

$272,464

Nogales Suburban Fire District

Santa Cruz

Tonto Hills Domestic WID

Maricopa

Mescal-J6 Fire District

Cochise

$0

$262,748

$262,748

$251,494

$0

$251,494

$0

$249,418

$249,418

Hashknife Trails Road Improvement District

Coconino

$236,000

$0

$236,000

Paloma Irrigation and Drainage District

Maricopa

$0

$234,156

$234,156

Seven Ranches Domestic WID

Pinal

$218,449

$0

$218,449

Gadsden Townsite Improvement District

Yuma

$214,892

$0

$214,892

Chandler Heights Citrus Irrigation District

Maricopa

$213,623

$0

$213,623

Arivaca Fire District

Pima

$0

$204,328

$204,328

St. David Fire District

Cochise

$0

$203,715

$203,715

Raven Ridge Community Facilities District

Yavapai

$200,397

$0

$200,397

Quail Ridge Domestic WID

Yavapai

$197,284

$0

$197,284

Hilltop Drive Road Improvement District

Navajo

$196,612

$0

$196,612

Havasu Heights Domestic WID

Mohave

$193,172

$0

$193,172

Williamson Valley Fire District

Yavapai

$0

$190,359

$190,359

Ponderosa Park Domestic WID

Yavapai

$188,744

$0

$188,744

Oracle Fire District

Pinal

Canyon Water Improvement District

Gila

Alpine Fire District

Apache

$0

$184,698

$184,698

$176,000

$0

$176,000

$0

$175,517

$175,517

Christopher Kohl's Fire District

Gila

$0

$167,494

$167,494

Golden Shores Fire District

Mohave

$0

$166,606

$166,606

165

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TABLE 35
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SPECIAL DISTRICT

SPECIAL DISTRICT

COUNTY

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL OUTSTANDING
DEBT

Centennial Park Domestic WID

Mohave

$159,000

$0

$159,000

Holiday Hills Domestic WID

Yavapai

$151,899

$0

$151,899

Linden Fire District

Navajo

$0

$150,475

$150,475

Quartzsite Fire District

La Paz

$0

$147,327

$147,327

Sherwood Forest Estates Fire District

Coconino

$0

$146,153

$146,153

New Saddleback Vista Domestic WID

Pinal

$143,166

$0

$143,166

Buckskin Fire District

La Paz

$0

$129,485

$129,485

Pine Strawberry Fire District

Gila

$0

$120,670

$120,670

Show Low Improvement District #5

Navajo

Pirtleville Fire District

Cochise

$120,000

$0

$120,000

$0

$116,290

$116,290

Porter Mountain Domestic WID

Navajo

$112,653

$0

$112,653

Kaibab Estates West Fire District

Coconino

$0

$108,138

$108,138

Harquahala Valley Fire District

Maricopa

$0

$107,025

$107,025

Greer Fire District

Apache

$0

$105,638

$105,638

Mountain View Improvement District

Navajo

$105,176

$0

$105,176

Canyon Fire District

Gila

$0

$101,514

$101,514

Whetstone Fire District

Cochise

$0

$98,606

$98,606

Oatman Fire District

Mohave

$0

$98,503

$98,503

El Prado Estates Improvement District

Yuma

$98,277

$0

$98,277

Joseph City Fire District

Navajo

$0

$85,484

$85,484

Lake Havasu Irrigation and Drainage District

Mohave

$85,000

$0

$85,000

Colorado City Fire District

Mohave

$0

$82,210

$82,210

Mount Lemmon Fire District

Pima

$0

$79,514

$79,514

Queen Creek Domestic WID

Pinal

$78,930

$0

$78,930

Wonderland Acres Domestic WID

Navajo

$76,732

$0

$76,732

Concho Fire District

Apache

$0

$76,294

$76,294

Houston Mesa Fire District

Gila

$0

$71,627

$71,627

Naco Sanitary District

Cochise

$0

$67,742

$67,742

Sheriff's Posse Community Road Improvement

Yavapai

$0

$56,761

$56,761

Tonto Basin Fire District

Gila

$0

$49,090

$49,090

Strawberry Hollow Domestic WID

Gila

$0

$45,356

$45,356

Scott's Pine Tract A Improvement District

Navajo

$43,830

$0

$43,830

Pinedale Domestic WID

Navajo

$0

$43,629

$43,629

Pinetop-Lakeside Sanitary District

Navajo

$43,180

$0

$43,180

#K109 Plymouth Street

Maricopa

$40,871

$0

$40,871

Prescott Water Improvement District P164

Yavapai

$39,896

$0

$39,896

Queen Valley Domestic WID

Pinal

$0

$32,694

$32,694

Sutter Drive Improvement District

Navajo

$32,613

$0

$32,613

North Whistle Stop Loop Improvement District

Navajo

$32,082

$0

$32,082

Junipine Fire District

Coconino

$0

$30,400

$30,400

Groom Creek Fire District

Yavapai

$0

$29,923

$29,923

Ojo Bonito Estates Domestic WID

Apache

$28,703

$0

$28,703

Pine Lake Fire District

Mohave

$0

$27,917

$27,917

Kiowa-Comanche Road Improvement District

Coconino

$26,974

$0

$26,974

Rio Arroyo Road Improvement

Coconino

$25,275

$0

$25,275

166

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TABLE 35
OUTSTANDING DEBT AS OF JUNE 30, 2014, BY SPECIAL DISTRICT

SPECIAL DISTRICT

COUNTY

OUTSTANDING
BONDS

OUTSTANDING
LEASES

TOTAL OUTSTANDING
DEBT

$0

$23,698

$23,698

$22,332

$0

$22,332

Whispering Pines Fire District

Gila

Lupine Road Improvement District

Coconino

Naco Fire District

Cochise

$0

$21,818

$21,818

Peeples Valley Fire District

Yavapai

$0

$21,340

$21,340

Ash Fork Fire District

Yavapai

$0

$20,898

$20,898

McMullen Valley Fire District

La Paz

Pawnee Road Improvement District

Coconino

Pinion Pine Fire District

Mohave

Tonawanda Road Improvement

Coconino

Fort Thomas Fire District

Graham

Shoshone Road Improvement District
#K91 Queen Creek Water
Madison Lane Circle Improvement

$0

$20,382

$20,382

$18,494

$0

$18,494

$0

$12,025

$12,025

$8,433

$0

$8,433

$0

$5,400

$5,400

Coconino

$4,808

$0

$4,808

Maricopa

$4,254

$0

$4,254

Navajo

$3,061

$0

$3,061

167

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168

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STATE AGENCIES AND UNIVERSITIES
As of June 30, 2014, state agencies and universities reported a total outstanding debt of $10.8 billion
(outstanding bonds of $10.2 billion and outstanding leases of $0.6 billion), a 12.0% increase from the
prior fiscal year. For FY 2013, state agencies and universities reported a total outstanding debt of $9.7
billion (outstanding bonds of $9.1 billion and outstanding leases of $0.6 billion). In FY 2014, Health
Facilities Authority was reclassified from State Agencies and Universities to Other Jurisdictions.
Therefore, the comparison reported above reflects the transfer of $2.65 billion for FY 2013.
Bonded indebtedness reported by the Water Infrastructure Finance Authority and the Greater
Arizona Development Authority is also reported by the receiving jurisdictions in their respective
sections. Therefore, to avoid double-counting this indebtedness (by counting it here and in the
section for the receiving jurisdiction), the total indebtedness of these two agencies has been
removed from the total outstanding noted above. (This explains why the total shown here and on
Table 36 is different.)
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.
State agencies use revenue bonds due to restrictions on general obligation debt in Arizona. These
revenue bonds are backed primarily by the revenues generated by the project being funded. The
universities use revenue bonds and certificates of participation for funding purposes. The Greater
Arizona Development Authority and the Water Infrastructure Finance Authority do issue general
obligation bonds, supported by payments made by the local jurisdictions.
Detail of the outstanding indebtedness of state agencies and universities can be found in Table 36.
Three types of outstanding debt have been reported as of June 30, 2014:

 $142.7 million in general obligation debt reported by the Greater Arizona Development
Authority;

 $7.0 billion in revenue bonds reported by nine state agencies and universities;
 $3.1 billion in certificates of participation reported by six state agencies and universities.
Lease purchases for state agencies and universities represent debt issued with a term in excess of
one year. As of June 30, 2014, lease purchases totaled $606 million, a 3.0% increase from the $589
million reported for FY 2013. Detail of outstanding lease purchases can be found in Table 44. Table
45 lists the state agencies and universities that reported no lease purchases.
The following table lists debt for state agencies and universities ranked from most to least debt.
TOTAL
OUTSTANDING
DEBT

OUTSTANDING
BONDS

OUTSTANDING
LEASES

Arizona Department of Transportation

$2,789,885,000

$29,323,519

$2,819,208,519

School Facilities Board

$1,699,128,223

$0

$1,699,128,223

Arizona Department of Administration

$1,558,730,000

$65,950,833

$1,624,680,833

Arizona State University

$1,187,990,000

$105,982,477

$1,293,972,477

University of Arizona

$1,166,675,000

$37,555,689

$1,204,230,689

Water Infrastructure Finance Authority

$818,750,000

$0

$818,750,000

Northern Arizona University

$529,580,000

$61,711,376

$591,291,376

Greater Arizona Development Authority

STATE AGENCY OR UNIVERSITY

$408,365,000

$0

$408,365,000

Arizona Department of Corrections

$0

$305,968,185

$305,968,185

Arizona Housing Finance Authority

$57,613,717

$0

$57,613,717

169

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STATE AGENCY OR UNIVERSITY

OUTSTANDING
BONDS

OUTSTANDING
LEASES

Arizona Game and Fish Department

$16,770,000

$0

Board of Nursing Care Institution Administrators
Total
Adjusted Total Excluding GADA and WIFA

TOTAL
OUTSTANDING
DEBT
$16,770,000

$0

$711

$711

$10,233,486,940

$606,492,790

$10,839,979,730

$9,006,371,940

$606,492,790

$9,612,864,730

Please note that the outstanding balances listed in the report should reflect all indebtedness as of
June 30, 2014. However, the year-end balances should reflect any July 1, 2014 payments if the
payment amount has been deposited into a dedicated fund for the payment of principal.
GENERAL OBLIGATION DEBT
The Greater Arizona Development Authority reported general obligation debt of $142.7 million.
REVENUE BONDS
Total outstanding debt from revenue bonds as of June 30, 2014 was $7.0 billion after retiring and
refunding $420.0 million in the fiscal year. Nine state agencies and universities reported outstanding
revenue bonds. Those with revenue bond debt in excess of $700 million, in order of most to least
debt, are: Arizona Department of Transportation, Arizona State University, Water Infrastructure
Finance Authority, and University of Arizona.
CERTIFICATES OF PARTICIPATION
Six state agencies and universities reported certificates of participation with outstanding principal on
June 30, 2014 of $3.1 billion. A total of $293.2 million in principal was retired and refunded in the fiscal
year. The School Facilities Board with $1.24 billion and the Arizona Department of Administration with
$1.17 billion account for 78% of outstanding certificates of participation debt for state agencies and
universities.
NEW BONDS
During FY 2013/14, four state agencies and universities issued five new bonds totaling $461 million; of
this $332.4 million was attributed to refunding. Detail of new bonds issued can be found in Section
Two and Table 43.
LEASE PURCHASES
Lease purchases and third party financing contracts represent debt issued with a term greater than
one year. As of June 30, 2014, seven state agencies and universities reported outstanding lease
purchases of $606.5 million. Arizona Department of Corrections with $305.97 million and Arizona
State University with $106.0 million account for 60% of outstanding lease purchases for state
agencies and universities.
INTEREST
State agencies and universities are required to report interest paid during the fiscal year and interest
paid to date per A.R.S. § 41-4604. State agencies and universities reported interest paid on bonds
during FY 2013/14 of $484.2 million on $10.2 billion of outstanding principal as of June 30, 2014 and
$3.2 billion interest paid to date on 223 bond issues with an original principal of $15.1 billion from
outstanding bonds. These amounts include the interest paid by the Greater Arizona Development
Authority and the Water Infrastructure Finance Authority. An additional $12.6 million in interest was
paid during FY 2013/14 and $97.6 million interest paid to date on lease purchases.
PER CAPITA AND PER STUDENT DEBT
One method of determining the level of debt in relation to other state agencies and universities is
dividing total outstanding debt by the total state population. High per capita debt is neither good nor
bad; it is simply a comparative tool to describe how a state agency and university compares to others.
Using this measure, Arizona Department of Transportation has the most per capita, as presented on
the following table.

170

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STATE AGENCIES AND UNIVERSITIES

PER CAPITA
BOND DEBT

Arizona Department of Transportation
School Facilities Board
Arizona Department of Administration
Arizona State University
University of Arizona
Water Infrastructure Finance Authority
Northern Arizona University
Greater Arizona Development Authority
Arizona Department of Corrections
Arizona Housing Finance Authority
Arizona Game and Fish Department
Board of Nursing Care Institution
Administrators

PER CAPITA
LEASE DEBT

PER CAPITA
TOTAL DEBT

$423.93
$258.18
$236.85
$180.52
$177.28
$124.41
$80.47
$62.05
$0.00
$8.75
$2.55

$4.46
$0.00
$10.02
$16.10
$5.71
$0.00
$9.38
$0.00
$46.49
$0.00
$0.00

$428.38
$258.18
$246.87
$196.62
$182.98
$124.41
$89.85
$62.05
$46.49
$8.75
$2.55

$0.00

$0.00

$0.00

The population measure used to calculate per capita debt is the July 1, 2013 Department of
Administration’s estimates.
A second method of determining the level of debt in relation to each of the universities is dividing total
outstanding debt by the full-time student count. Using the per student measure, University of Arizona
has the most debt per student as seen on the following table.
PER STUDENT
BOND DEBT

PER STUDENT
LEASE DEBT

PER STUDENT
TOTAL DEBT

University of Arizona

$29,626.83

$953.70

$30,580.53

Northern Arizona University

$22,075.03

$2,572.38

$24,647.41

Arizona State University

$16,366.43

$1,460.08

$17,826.50

UNIVERSITIES

The full-time student count used to calculate the per student debt is the FY 2013 actual FTE reported
in the Arizona University System Funding reported by the Joint Legislative Budget Committee Staff.

171

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

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

Arizona Board for Private Postsecondary Education
Totals for Arizona Board for Private Postsecondary Education
Arizona Board of Appraisal
Totals for Arizona Board of Appraisal
Arizona Board of Athletic Training

Totals for Arizona Board of Athletic Training
Arizona Board of Behavioral Health Examiners
Totals for Arizona Board of Behavioral Health Examiners
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 Funeral Directors and Embalmers

Totals for Arizona Board of Funeral Directors and Embalmers
Arizona Board of Occupational Therapy Examiners
Totals for Arizona Board of Occupational Therapy Examiners

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

172

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona Board of Podiatry Examiners

Totals for Arizona Board of Podiatry 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

Arizona Board of Psychologist Examiners
Totals for Arizona Board of Psychologist Examiners
Arizona Board of Regents
Totals for Arizona Board of Regents
Arizona Board of Tax Appeals

Totals for Arizona Board of Tax Appeals
Arizona Commerce Authority
Totals for Arizona Commerce Authority
Arizona Commission for Postsecondary Education
Totals for Arizona Commission for Postsecondary Education

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 Laws
Arizona Corporation Commission
Totals for Arizona Corporation Commission

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

173

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona Cotton Research and Protection Council

Totals for Arizona Cotton Research and Protection Council

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

5

$1,300,415,000

$80,425,000

$52,445,000

$1,167,545,000

$58,308,474

$258,442,799

1
6

$425,420,000
$1,725,835,000

$16,790,000
$97,215,000

$17,445,000
$69,890,000

$391,185,000
$1,558,730,000

$20,054,750
$78,363,224

$83,103,977
$341,546,776

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Arizona Criminal Justice Commission
Totals for Arizona Criminal Justice Commission
Arizona 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
Arizona Department of Economic Security

Totals for Arizona Department of Economic Security
Arizona Department of Education
Totals for Arizona Department of Education
Arizona Department of Emergency & Military Affairs
Totals for Arizona Department of Emergency & Military Affairs
Arizona Department of Environmental Quality

Totals for Arizona Department of Environmental Quality
Arizona Department of Financial Institutions
Totals for Arizona Department of Financial Institutions

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

174

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona Department of Gaming

Totals for Arizona Department of Gaming

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 Health Services
Totals for Arizona Department of Health Services
Arizona Department of Homeland Security
Totals for Arizona Department of Homeland Security
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 Corrections

Arizona Department of Liquor Licenses and Control
Totals for Arizona Department of Liquor Licenses and Control
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

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

175

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona Department of Revenue

Totals for Arizona Department of Revenue

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

20
20

$4,153,910,000
$4,153,910,000

$1,198,410,000
$1,198,410,000

$165,615,000
$165,615,000

$2,789,885,000
$2,789,885,000

$139,739,219
$139,739,219

$888,383,898
$888,383,898

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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

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

$585,000
$585,000

$16,770,000
$16,770,000

$764,010
$764,010

$5,250,902
$5,250,902

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

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 Measures
Arizona Early Childhood Development & Health Board
Totals for Arizona Early Childhood Development & Health Board

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
Arizona Geological Survey

Totals for Arizona Geological Survey
Arizona Health Care Cost Containment System
Totals for Arizona Health Care Cost Containment System

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

176

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona Historical Society

Totals for Arizona Historical Society

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

11
11

$172,120,000
$172,120,000

$106,618,135
$106,618,135

$7,888,148
$7,888,148

$57,613,717
$57,613,717

$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

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 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 Office of Tourism
Totals for Arizona Office of Tourism
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 Acupuncture
Totals for Arizona State Board of Acupuncture

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

177

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona State Board of Barbers

Totals for Arizona State Board of Barbers

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 Chiropractic Examiners
Totals for Arizona State Board of Chiropractic Examiners
Arizona State Board of Dental Examiners
Totals for Arizona State Board of Dental Examiners
Arizona State Board of Dispensing Opticians

Totals for Arizona State Board of Dispensing Opticians
Arizona State Board of Equalization
Totals for Arizona State Board of Equalization
Arizona State Board of Geographic & Historic Names
Totals for Arizona State Board of Geographic & Historic Names

Arizona State Board of Massage Therapy
Totals for Arizona State Board of Massage Therapy
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 Examiners

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

178

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona State Board of Pharmacy

Totals for Arizona State Board of Pharmacy

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 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 Examiners
Arizona State Board of Technical Registration

Totals for Arizona State Board of Technical Registration
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 Mine Inspector Office
Totals for Arizona State Mine Inspector Office
Arizona State Parks

Totals for Arizona State Parks
Arizona State Personnel Board
Totals for Arizona State Personnel Board

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Arizona State Retirement System

Totals for Arizona State Retirement System

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 Schools for the Deaf and the Blind
Totals for Arizona State Schools for the Deaf and the Blind
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

8

$449,135,000

$205,915,000

$13,115,000

$230,105,000

$10,297,922

$132,474,584

19
27

$1,106,355,000
$1,555,490,000

$103,700,000
$309,615,000

$44,770,000
$57,885,000

$957,885,000
$1,187,990,000

$41,475,660
$51,773,582

$189,359,140
$321,833,724

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$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 Veterinary Medical Examining Board

Totals for Arizona State Veterinary Medical Examining Board
Board of Homeopathic and Integrated Medicine Exam
Totals for Board of Homeopathic and Integrated Medicine Exam
Board of Naturopathic Physicians Examiners
Totals for Board of Naturopathic Physicians Examiners
Board of Nursing Care Institution Administrators

Totals for Board of Nursing Care Institution Administrators
Board of Peace Officer Standards & Training
Totals for Board of Peace Officer Standards & Training

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

180

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Citizen's Clean Elections Commission

Totals for Citizen's Clean Elections Commission

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Commission for the Deaf and Hard of Hearing
Totals for Commission for the Deaf and Hard of Hearing
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
Department of Fire, Building and Life Safety
Totals for Department of Fire, Building and Life Safety

Government Information Technology Agency
Totals for Government Information Technology Agency
Governor's Office
Totals for Governor's Office
Governor's Office - Arizona-Mexico Commission

Totals for Governor's Office - Arizona-Mexico Commission
Governor's Office - Boards and Commissions
Totals for Governor's Office - Boards and Commissions

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

181

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Governor's Office - Children, Youth and Families

Totals for Governor's Office - Children, Youth and Families

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

24
50
74

$176,970,000
$352,110,000
$529,080,000

$24,250,000
$60,845,000
$85,095,000

$10,045,000
$25,575,000
$35,620,000

$142,675,000
$265,690,000
$408,365,000

$7,286,245
$13,224,075
$20,510,320

$59,247,270
$101,310,896
$160,558,167

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

Governor's Office Commission on Indian Affairs
Totals for Governor's Office Commission on Indian Affairs
Governor's Office of Arizona Parent's Commission
Totals for Governor's Office of Arizona Parent's Commission
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 and Budget

Greater Arizona Development Authority
General Obligation
Revenue
Totals for Greater Arizona Development Authority
Industrial Commission of Arizona
Totals for Industrial Commission of Arizona
Joint Legislative Budget Committee

Totals for Joint Legislative Budget Committee
Law Enforcement Merit System Council
Totals for Law Enforcement Merit System Council

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Navigable Stream Adjudication Commission

Totals for Navigable Stream Adjudication Commission

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

4

$126,290,000
$524,705,000
$650,995,000

$60,660,000
$34,545,000
$95,205,000

$2,780,000

$62,850,000

$2,971,303

$31,292,041

11
15

$23,430,000
$26,210,000

$466,730,000
$529,580,000

$20,785,748
$23,757,051

$106,829,822
$138,121,863

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

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 System
Registrar of Contractors
Totals for Registrar of Contractors

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

183

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TABLE 36
STATE AGENCY AND UNIVERSITY FY 2014 BONDED INDEBTEDNESS
JURISDICTION

Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID
IN CURRENT
FISCAL YEAR

INTEREST PAID
TO DATE

Residential Utility Consumer Office

Totals for Residential Utility Consumer Office

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

11
6
17

$2,222,170,000
$1,120,755,000
$3,342,925,000

$781,597,812
$594,232,690
$1,375,830,502

$200,432,813
$67,533,462
$267,966,275

$1,240,139,375
$458,988,848
$1,699,128,223

$54,241,761
$19,225,240
$73,467,001

$413,096,585
$212,240,640
$625,337,225

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

25
17
42

$631,806,118
$972,510,000
$1,604,316,118

$229,987,000
$161,225,000
$391,212,000

$23,829,118
$22,600,000
$46,429,118

$377,990,000
$788,685,000
$1,166,675,000

$18,788,000
$38,249,000
$57,037,000

$181,946,000
$215,031,000
$396,977,000

10
10

$1,318,830,000
$1,318,830,000

$454,930,000
$454,930,000

$45,150,000
$45,150,000

$818,750,000
$818,750,000

$38,814,550
$38,814,550

$292,533,493
$292,533,493

School Facilities Board
Certificate of Participation
Revenue
Totals for School Facilities Board
Secretary of State's Office
Totals for Secretary of State's Office

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

54

$4,750,226,118

$1,361,639,812

$293,186,931

$3,095,399,375

$145,371,470

$1,022,502,911

General Obligation

24

$176,970,000

$24,250,000

$10,045,000

$142,675,000

$7,286,245

$59,247,270

Revenue

145

$10,146,715,000

$2,731,295,825

$420,006,610

$6,995,412,565

$331,568,242

$2,088,792,867

Grand Totals:

223

$15,073,911,118

$4,117,185,637

$723,238,541

$10,233,486,940

Loans issued by the Greater AZ Development Authority and the Water Infrastructure Finance Authority are also included in the receiving jurisdiction.

184

$484,225,957

$3,170,543,048

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OTHER JURISDICTIONS
Political subdivisions that do not belong to a particular jurisdiction are included in this section. As of
June 30, 2014, other jurisdictions reported outstanding debt totaled $8.5 billion (outstanding bonds of
$8.5 billion and outstanding leases of $0.2 million), or an 8.7% increase from the prior fiscal year. For
FY 2013, other jurisdictions reported total outstanding debt of $7.8 billion (outstanding bonds of $7.8
billion and outstanding leases of $0.3 million).
Bonded indebtedness consists of revenue bonds and certificates of participation. Detail of the
outstanding debt reported by other jurisdictions can be found in Table 37. Other jurisdictions reported
the following outstanding bonded indebtedness as of June 30, 2014:

 $8.0 billion in revenue bonds reported by six jurisdictions; and
 $480.5 million in certificates of participation reported by the Salt River Project.
Lease purchases reported by other jurisdictions represent debt issued with a term in excess of one
year. As of June 30, 2014, lease purchases total $0.2 million, a 38.1% decrease from the $0.3 million
reported for FY 2013. This comparison excludes $18.2 million reported as lease purchases in FY
2013 by the U of A Health Network for standard operating leases with no transfer of ownership at the
end of the lease that were removed in the FY 2013/14 report. Detail of the outstanding lease
purchases can be found in Table 44. Table 45 lists other jurisdictions that reported no lease
purchases.
The following table lists debt for other jurisdictions ranked from most debt to least debt.
TOTAL
OUTSTANDING
DEBT

OUTSTANDING
BONDS

OUTSTANDING
LEASES

Salt River Project

$4,243,790,000

$0

$4,243,790,000

Health Facilities Authority

$3,598,360,000

$0

$3,598,360,000

U of A Health Network

$329,650,000

$0

$329,650,000

Arizona Sports and Tourism Authority

$273,675,000

$0

$273,675,000

OTHER JURISDICTIONS

$49,635,000

$0

$49,635,000

Arizona Strip Landfill Corporation

$0

$182,619

$182,619

Central Arizona Water Conservation District

$0

$0

$0

$8,495,110,000

$182,619

$8,495,292,619

Arizona Power Authority

Total

Please note that the outstanding balances listed in the report should reflect all indebtedness as of
June 30, 2014. However, the year-end balances should reflect any July 1, 2014 payments if the
payment amount has been deposited into a dedicated fund for the payment of principal.
REVENUE BONDS
Total outstanding debt from revenue bonds as of June 30, 2014 was $8.0 billion after retiring and
refunding $360.6 million. The Salt River Project with $3.76 billion and Health Facilities Authority with
$3.60 billion account for 92% of outstanding revenue bonds for other jurisdictions.
CERTIFICATES OF PARTICIPATION
The Salt River Project reported certificates of participation debt of $480.5 million after retiring and
refunding $168.5 million in the fiscal year.
NEW BONDS
During FY 2013/14, Health Facilities Authority issued four new bonds totaling $131.5 million; $75.6
million was attributed to refunding. Detail of new bonds issued can be found in Section Two and
Table 43.

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LEASE PURCHASES
Lease purchases and third party financing contracts represent debt issued with a term greater than
one year. The Arizona Strip Landfill Corporation reported outstanding lease purchases of $182,619 as
of June 30, 2014.
INTEREST
Other Jurisdictions are not required to report interest per A.R.S. § 41-4604. However, four
jurisdictions reported interest paid on bonds during FY 2013/14 of $87.6 million on $4.9 billion of
outstanding principal as of June 30, 2014 and $483.5 million interest paid to date on 25 bond issues
with an original principal of $6.0 billion. An additional $11,612 in interest was paid during FY 2013/14
and $41,817 interest paid to date on lease purchases.
PER CAPITA DEBT
One method of determining the level of debt in relation to other jurisdictions is dividing total
outstanding debt by the total state population. High per capita debt is neither good nor bad; it is simply
a comparative tool to describe how other jurisdictions compare to others. Using this measure, the Salt
River Project has the most per capita, as presented on the following table.
OTHER JURISDICTIONS
Salt River Project
Health Facilities Authority
U of A Health Network
Arizona Sports and Tourism Authority
Arizona Power Authority
Arizona Strip Landfill Corporation
Central Arizona Water Conservation District

PER CAPITA
BOND DEBT

PER CAPITA
LEASE DEBT

PER CAPITA
TOTAL DEBT

$644.85
$546.78
$50.09
$41.59
$7.54
$0.00
$0.00

$0.00
$0.00
$0.00
$0.00
$0.00
$0.03
$0.00

$644.85
$546.78
$50.09
$41.59
$7.54
$0.03
$0.00

The population measure used to calculate per capita debt is the July 1, 2013 Department of
Administration’s estimate.

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TABLE 37
OTHER JURISDICTIONS' FY 2014 BONDED INDEBTEDNESS
JURISDICTION
Bond Type

# OF
ISSUES

ORIGINAL
PRINCIPAL

PAID THROUGH
6/30/13

PAID IN FISCAL
YEAR 2014

CURRENT
OUTSTANDING
PRINCIPAL

INTEREST PAID IN
CURRENT FISCAL
YEAR

INTEREST PAID
TO DATE

Arizona Power Authority

Revenue
Totals for Arizona Power Authority

2
2

$84,085,000
$84,085,000

$29,385,000
$29,385,000

$5,065,000
$5,065,000

$49,635,000
$49,635,000

$1,344,132
$1,344,132

$24,270,943
$24,270,943

5
5

$533,575,000
$533,575,000

$249,550,000
$249,550,000

$10,350,000
$10,350,000

$273,675,000
$273,675,000

$14,336,463
$14,336,463

$115,006,047
$115,006,047

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

0
0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

$0
$0

54
54

$4,195,465,000
$4,195,465,000

$391,807,000
$391,807,000

$205,298,000
$205,298,000

$3,598,360,000
$3,598,360,000

Arizona Sports and Tourism Authority
Revenue
Totals for Arizona Sports and Tourism Authority
Arizona Strip Landfill Corporation
Totals for Arizona Strip Landfill Corporation
Central Arizona Water Conservation District

Totals for Central Arizona Water Conservation District
Health Facilities Authority
Revenue
Totals for Health Facilities Authority

*

*

Salt River Project
2

$799,635,000

$150,615,000

$168,490,000

$480,530,000

$45,766,215

$233,091,823

Revenue

11
13

$4,199,260,000
$4,998,895,000

$303,095,000
$453,710,000

$132,905,000
$301,395,000

$3,763,260,000
$4,243,790,000

$0
$45,766,215

$0
$233,091,823

Revenue
Totals for U of A Health Network

5
5

$359,770,000
$359,770,000

$23,175,000
$23,175,000

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

$329,650,000
$329,650,000

$26,145,122
$26,145,122

$111,154,838
$111,154,838

2

$799,635,000

$150,615,000

$168,490,000

$480,530,000

$45,766,215

$233,091,823

Revenue

77

$9,372,155,000

$997,012,000

$360,563,000

$8,014,580,000

$41,825,717

$250,431,828

Grand Totals:

79

$10,171,790,000

$1,147,627,000

$529,053,000

$8,495,110,000

$87,591,932

$483,523,651

Certificate of Participation
Totals for Salt River Project

U of A Health Network

Certificate of Participation

* Other jurisdictions are not required to report interest.

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188

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SECTION TWO
FY 2013/14 NEW ISSUES

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190

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FY 2013/14 NEW ISSUES
Throughout FY 2013/14 $3.14 billion in new issues was reported by Arizona political subdivisions;
of this amount, $1.67 billion was directly attributed to refunding old debt. Copies of the Report of
Bond and Security Issuance forms as provided by the jurisdictions can be obtained upon request.
The following table lists new issues by county as well as the portion recognized as refunding.
COUNTY
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Other
Pima
Pinal
Santa Cruz
State
Yavapai
Yuma
Total

NEW DEBT
$0
$8,308,888
$9,095,000
$5,500,000
$3,800,000
$0
$1,653,112
$915,431,000
$2,590,000
$7,947,365
$55,875,000
$293,780,678
$35,467,796
$481,000
$128,565,000
$1,100,800
$7,492,000
$1,477,087,639

REFUNDING
$0
$0
$18,055,000
$0
$0
$0
$0
$1,054,485,000
$22,450,000
$8,751,250
$75,620,000
$46,411,000
$0
$12,370,000
$332,385,000
$26,890,000
$69,470,000
$1,666,887,250

TOTAL
$0
$8,308,888
$27,150,000
$5,500,000
$3,800,000
$0
$1,653,112
$1,969,916,000
$25,040,000
$16,698,615
$131,495,000
$340,191,678
$35,467,796
$12,851,000
$460,950,000
$27,990,800
$76,962,000
$3,143,974,889

The following table lists new issues by jurisdiction as well as the portion recognized as refunding.
JURISDICTION

NEW DEBT

Counties
Cities/Towns
Community Colleges
School Districts
Special Districts
Other
State
Total

$141,198,750
$363,921,205
$0
$604,431,997
$183,095,687
$55,875,000
$128,565,000
$1,477,087,639

REFUNDING
$4,891,250
$1,025,541,000
$28,665,000
$137,940,000
$61,845,000
$75,620,000
$332,385,000
$1,666,887,250

TOTAL
$146,090,000
$1,389,462,205
$28,665,000
$742,371,997
$244,940,687
$131,495,000
$460,950,000
$3,143,974,889

COUNTIES
During the FY 2013/14, two counties reported six new bond issues totaling $146.1 million; of this
amount, $4.9 million was attributed to refunding. The following is a breakdown of this total:

 $146.1 million in revenue bonds by two counties; $4.9 million was attributed to refunding
 $10.0 million in general obligation debt, reported by one county;
 $52.2 million in certificate of participation debt, reported by one county.
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, certificates of
participation, revenue, special assessment, municipal property corporation bonds and lease

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purchase. In general, cities and towns obtain debt to improve roads, highways, waste water
systems and other municipal facilities.
During FY 2013/14, 27 cities and towns incurred $1.39 billion in new debt; of this amount, $1.03
billion was attributed to refunding. The following is a breakdown of this total:

 $491.7 million in general obligation debt, reported by eight cities and towns; $400.9
million was attributed to refunding

 $323.0 million in revenue bonds, reported by 19 cities and towns; $90.7 million was
attributed to refunding

 $504.7 million in debt issued through municipal property corporations, reported by five cities
and towns; $504.2 million was attributed to refunding

 $49.8 million in certificates of participation, reported by one city; $29.8 million was
attributed to refunding

 $20.4 million in lease purchase, reported by two cities.
Detail of the new debt issues reported by cities and towns for this fiscal year can be found in
Table 39.
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. Revenue
bonds are secured by student tuition and fees. Of the twelve community college districts
statewide, Arizona Western reported new debt totaling $28.7 million for refunding.

 $28.7 million in a general obligation bond, issued by one community college for
refunding.
Detail on new issues by Community Colleges can be found in Table 40.
SCHOOL DISTRICTS
School districts primarily incur general obligation debt, subject to the limitations established by the
constitution. During FY 2013/14, 39 Arizona school districts incurred $742.7 million in new debt; of
this amount, $137.9 million was attributed to refunding. The following is a breakdown of this total:

 $694.3 million in general obligation class B bonds, issued by 30 school districts; $130.2
million was attributed to refunding

 $7.8 million in general obligation class A bonds, issued by one school district for refunding
 $40.3 million in lease purchase debt, issued by 11 districts; none was attributed to refunding.
Detail of all new debt issued by school districts for the fiscal year can be found in Table 41.
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 2013/14, 16 special districts incurred $244.9 million in new debt; of this amount, $61.8 was
attributed to refunding. The following is a breakdown of this total:

 $148.9 million in revenue bonds, issued by four special districts; $818million was attributed
to refunding

 $80.5 million in general obligation bonds, issued by nine special districts; $47.1 million was
attributed to refunding

 $9.4 million in special assessment bonds, issued by three special districts; $5.9 million was
attributed to refunding

 $6.2 million in lease purchase debt, issued by one special district; none was attributed to
refunding.

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Detail of all new debt issued by special districts for the fiscal year can be found in Table 42.
STATE AGENCIES, UNIVERSITIES AND OTHERS
During the FY 2013/14, five agencies, universities and other jurisdictions reported nine new bond
issues totaling $592.4 million; of this amount, $408 million was attributed to refunding. The
following is a breakdown of this total:

 $286.8 million in revenue bonds, issued by four agencies, universities and others; of this
amount, $102.3 million was attributed to refunding.

 $305.7 million in certificate of participation bonds, issued 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.

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TABLE 38
COUNTY NEW ISSUES IN FY 2014
Name

Bond Type

# of Issues

Navajo County
Pima County
Pima County
Pima County

Revenue
Certificates of Participation
General Obligation
Revenue

1
1
1
2

Grand Total:

194

New Issues

Refunding

Amount

$5,733,750
$52,160,000
$10,000,000
$73,305,000

$4,891,250
$0
$0
$0

$10,625,000
$52,160,000
$10,000,000
$73,305,000

$141,198,750

$4,891,250

$146,090,000

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TABLE 39
CITY NEW ISSUES IN FY 2014
Name

Bond Type

# of Issues

Bisbee

Revenue

1

$1,600,000

$0

$1,600,000

Buckeye

Revenue

1

$7,370,000

$0

$7,370,000

Bullhead City

Lease Purchase

1

$990,000

$0

$990,000

Bullhead City

Revenue

2

$0

$22,450,000

$22,450,000

Chandler

Revenue

3

$104,500,000

$24,060,000

$128,560,000

Coolidge

Revenue

1

$1,910,000

$0

$1,910,000

Flagstaff

General Obligation

2

$6,600,000

$8,270,000

$14,870,000

Globe

Revenue

1

$5,500,000

$0

$5,500,000

Goodyear

General Obligation

1

$0

$15,865,000

$15,865,000

Guadalupe

Revenue

1

$2,145,000

$0

$2,145,000

Marana

Revenue

2

$0

$7,836,000

$7,836,000

Mesa

General Obligation

1

$37,550,000

$0

$37,550,000

Mesa

Revenue

1

$36,385,000

$0

$36,385,000

Nogales

Municipal Property Corp

1

$0

$12,370,000

$12,370,000

Oro Valley

Revenue

1

$5,000,000

$0

$5,000,000

Patagonia

Municipal Property Corp

1

$481,000

$0

$481,000

Phoenix

General Obligation

1

$0

$278,015,000

$278,015,000

Phoenix

Municipal Property Corp

2

$0

$456,730,000

$456,730,000

Prescott

Municipal Property Corp

1

$0

$9,000,000

$9,000,000

Quartzsite

Revenue

1

$1,653,112

$0

$1,653,112

Queen Creek

Lease Purchase

1

$19,425,093

$0

$19,425,093

Queen Creek

Revenue

2

$19,845,000

$0

$19,845,000

San Luis

Municipal Property Corp

1

$0

$26,090,000

$26,090,000

San Luis

Revenue

1

$6,580,000

$0

$6,580,000

195

New Issues

Refunding

Amount

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TABLE 39
CITY NEW ISSUES IN FY 2014
Name

Bond Type

# of Issues

New Issues

Refunding

Amount

Scottsdale

General Obligation

2

$14,000,000

$83,150,000

$97,150,000

Scottsdale

Revenue

1

$0

$22,735,000

$22,735,000

Sedona

Revenue

1

$0

$9,785,000

$9,785,000

Snowflake

Revenue

2

$700,000

$3,860,000

$4,560,000

Somerton

Revenue

1

$912,000

$0

$912,000

Tempe

General Obligation

2

$11,650,000

$15,550,000

$27,200,000

Tombstone

General Obligation

1

$1,000,000

$0

$1,000,000

Tucson

Certificates of Participation

2

$20,000,000

$29,775,000

$49,775,000

Tucson

General Obligation

1

$20,000,000

$0

$20,000,000

Tucson

Revenue

1

$35,630,000

$0

$35,630,000

Williams

Revenue

1

$2,495,000

$0

$2,495,000

Grand Total:

$363,921,205

196

$1,025,541,000

$1,389,462,205

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TABLE 40
COMMUNITY COLLEGE NEW ISSUES IN FY 2014
Name

Bond Type

Arizona Western

General Obligation

# of Issues
1
Grand Total:

197

New Issues

Refunding

Amount

$0

$28,665,000

$28,665,000

$0

$28,665,000

$28,665,000

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TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2014
Dist. #

Name

County

Bond Type

# of Issues

New Issues

Refunding

Amount

13

Willcox USD

Cochise

General Obligation-Class B

1

$5,105,000

$0

$5,105,000

49

Palominas ESD

Cochise

Lease Purchase

1

$603,888

$0

$603,888

4

Thatcher USD

Graham

General Obligation-Class B

1

$3,800,000

$0

$3,800,000

1

Phoenix ESD

Maricopa

General Obligation-Class B

1

$5,400,000

$0

$5,400,000

1

Phoenix ESD

Maricopa

Lease Purchase

2

$1,790,084

$0

$1,790,084

2

Riverside ESD

Maricopa

General Obligation-Class B

2

$17,425,000

$0

$17,425,000

4

Mesa USD

Maricopa

General Obligation-Class B

2

$50,000,000

$45,000,000

$95,000,000

6

Washington ESD

Maricopa

General Obligation-Class B

1

$5,000,000

$0

$5,000,000

7

Wilson ESD

Maricopa

General Obligation-Class B

1

$1,900,000

$0

$1,900,000

11

Peoria USD

Maricopa

General Obligation-Class B

1

$44,200,000

$0

$44,200,000

14

Creighton ESD

Maricopa

General Obligation-Class B

1

$22,000,000

$0

$22,000,000

21

Murphy ESD

Maricopa

General Obligation-Class B

1

$1,630,000

$0

$1,630,000

28

Kyrene ESD

Maricopa

General Obligation-Class B

1

$40,000,000

$0

$40,000,000

31

Balsz ESD

Maricopa

General Obligation-Class B

1

$5,445,000

$0

$5,445,000

40

Glendale ESD

Maricopa

General Obligation-Class B

1

$9,485,000

$0

$9,485,000

44

Avondale ESD

Maricopa

General Obligation-Class B

1

$3,760,000

$0

$3,760,000

44

Avondale ESD

Maricopa

Lease Purchase

1

$91,421

$0

$91,421

47

Arlington ESD

Maricopa

General Obligation-Class B

1

$2,000,000

$0

$2,000,000

60

Higley USD

Maricopa

General Obligation-Class B

1

$25,795,000

$0

$25,795,000

66

Roosevelt ESD

Maricopa

General Obligation

1

$0

$7,780,000

$7,780,000

66

Roosevelt ESD

Maricopa

General Obligation-Class B

1

$1,000,000

$0

$1,000,000

69

Paradise Valley USD

Maricopa

General Obligation-Class B

1

$50,000,000

$0

$50,000,000

79

Litchfield ESD

Maricopa

Lease Purchase

1

$1,506,012

$0

$1,506,012

80

Chandler USD

Maricopa

General Obligation-Class B

1

$21,940,000

$0

$21,940,000

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TABLE 41
SCHOOL DISTRICT NEW ISSUES IN FY 2014
Dist. #

Name

County

Bond Type

# of Issues

New Issues

Refunding

Amount

83

Cartwright ESD

Maricopa

General Obligation-Class B

1

$1,245,000

$0

$1,245,000

90

Saddle Mountain USD

Maricopa

General Obligation-Class B

1

$15,000,000

$0

$15,000,000

92

Pendergast ESD

Maricopa

General Obligation-Class B

2

$15,815,000

$0

$15,815,000

93

Cave Creek USD

Maricopa

Lease Purchase

2

$3,834,999

$0

$3,834,999

97

Deer Valley USD

Maricopa

General Obligation-Class B

1

$34,600,000

$0

$34,600,000

98

Fountain Hills USD

Maricopa

General Obligation-Class B

1

$4,000,000

$0

$4,000,000

201

Buckeye UHSD

Maricopa

Lease Purchase

1

$8,315,000

$0

$8,315,000

205

Glendale UHSD

Maricopa

General Obligation-Class B

2

$44,000,000

$0

$44,000,000

210

Phoenix UHSD

Maricopa

General Obligation-Class B

2

$75,000,000

$70,445,000

$145,445,000

15

Bullhead City ESD

Mohave

Lease Purchase

1

$1,600,000

$0

$1,600,000

2

Joseph City USD

Navajo

Lease Purchase

1

$1,513,615

$0

$1,513,615

1

Tucson USD

Pima

Lease Purchase

3

$19,425,678

$0

$19,425,678

6

Marana USD

Pima

General Obligation-Class B

1

$14,325,000

$0

$14,325,000

10

Amphitheater USD

Pima

General Obligation-Class B

1

$41,000,000

$0

$41,000,000

21

Coolidge USD

Pinal

General Obligation-Class B

1

$3,265,000

$0

$3,265,000

22

Toltec ESD

Pinal

Lease Purchase

1

$515,500

$0

$515,500

4

Mingus UHSD

Yavapai

Lease Purchase

1

$1,100,800

$0

$1,100,800

70

Yuma UHSD

Yuma

General Obligation-Class B

1

$0

$14,715,000

$14,715,000

$604,431,997

$137,940,000

$742,371,997

Grand Total:

199

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TABLE 42
SPECIAL DISTRICT NEW ISSUES IN FY 2014
New Issues

Refunding

Amount

1

$3,250,000

$3,250,000

$3,250,000

General Obligation
Special Assessment
General Obligation
Lease Purchase
General Obligation
Revenue
General Obligation

1
1
1
1
1
1
2

$1,800,000
$186,000
$0
$6,202,391
$17,945,000
$115,000,000
$6,000,000

$1,800,000
$186,000
$14,755,000
$6,202,391
$17,945,000
$115,000,000
$26,400,000

$1,800,000
$186,000
$14,755,000
$6,202,391
$17,945,000
$115,000,000
$26,400,000

Pima
Pima
Pinal
Pinal
Pinal
Pinal
Yavapai
Yavapai

General Obligation
Revenue
Revenue
Revenue
General Obligation
Revenue
General Obligation
General Obligation

1
2
1
1
1
1
1
1

$2,935,000
$0
$9,077,296
$16,000,000
$1,850,000
$2,850,000
$0
$0

$2,935,000
$8,800,000
$9,077,296
$16,000,000
$1,850,000
$2,850,000
$5,930,000
$6,150,000

$2,935,000
$8,800,000
$9,077,296
$16,000,000
$1,850,000
$2,850,000
$5,930,000
$6,150,000

Yavapai

General Obligation

1

$0

$5,810,000

$5,810,000

$183,095,687

$61,845,000

$244,940,687

Name

County

Bond Type

# of Issues

Eastmark Community Facilities District

Maricopa

Special Assessment

Festival Ranch Community Facilities District
Festival Ranch Community Facilities District
Goodyear CFD - Utilities
Sun City West Fire District
Sundance Community Facilities District
Valley Metro Regional Public Transportation
Verrado Community Facilities District

Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa
Maricopa

Avra Valley Fire District
Green Valley Domestic WID
Apache Junction Water Utilities CFD
Electrical District #3
Merrill Ranch Community Facilities District #2
Thunderbird Farms Improvement District
Central Yavapai Fire District
Pronghorn Ranch CFD
Quailwood Meadows CFD

Grand Total:

200

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TABLE 43
STATE AGENCY, UNIVERSITY AND OTHER NEW ISSUES FY 2014
Name

Bond Type

# of Issues

New Issues

Refunding

Amount

Arizona State University

Revenue

1

$77,620,000

$0

$77,620,000

Greater Arizona Development Authority

Revenue

1

$0

$10,395,000

$10,395,000

Health Facilities Authority

Revenue

4

$55,875,000

$75,620,000

$131,495,000

Northern Arizona University

Revenue

1

$50,945,000

$16,315,000

$67,260,000

School Facilities Board

Certificates of Participation

2

$0

$305,675,000

$305,675,000

$184,440,000

$408,005,000

$592,445,000

Grand Total:

201

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202

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SECTION THREE
LEASE PURCHASES

203

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204

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LEASE PURCHASE/THIRD PARTY FINANCING CONTRACTS
This section provides a summary of the lease purchase and third party financing contracts (hereafter
referred to as lease purchase) information collected for FY 2013/14. For political subdivisions with
outstanding debt, the information in Table 44 is presented by county and jurisdiction.
As of June 30, 2014, outstanding lease purchase and third party contracts totaled $1.14 billion, a
12.6% increase over the $1.01 billion reported for FY 2012/13. This comparison excludes $18.2
million reported as lease purchases in FY 2013 by the U of A Health Network for standard operating
leases with no transfer of ownership at the end of the lease that were removed in the FY 2013/14
report. The data presented is as complete and accurate as the records submitted by the reporting
political subdivisions and agencies. For 2013/14, 1,134 political subdivision and state agencies
submitted reports compared to 1,131 reports submitted for FY 2012/13.
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. Two school districts and
one fire district failed to submit a lease purchase report as noted in Table 47.
The following tables summarize the outstanding lease purchase contracts as of June 30, 2014 by
county and jurisdiction.

County
Apache
Cochise
Coconino
Gila
Graham
Greenlee
La Paz
Maricopa
Mohave
Navajo
Other
Pima
Pinal
Santa Cruz
State
Yavapai
Yuma
Grand Total

FY 2013/14
Outstanding
$3,500,109
$34,089,017
$17,276,803
$10,555,802
$4,002,836
$2,449,324
$4,190,588
$227,612,000
$15,920,553
$16,220,154
$182,619
$72,612,725
$36,030,858
$17,878,846
$606,492,790
$50,904,130
$19,936,767
$1,139,855,921

FY 2012/13
Outstanding
$3,129,639
$29,104,106
$17,868,044
$2,588,224
$4,302,077
$1,970,186
$4,444,965
$145,136,564
$12,666,791
$15,371,071
$295,235
$57,590,973
$45,282,420
$16,756,783
$589,081,517
$48,302,710
$18,676,391
$1,012,567,696

FY 14 # of
Contracts
25
50
52
48
25
22
19
136
54
44
2
64
60
20
80
75
34
810

FY 13 # of
Contracts
28
56
67
49
27
19
23
120
52
50
2
85
67
22
72
65
35
839

Jurisdiction
Cities/Towns
Community Colleges
Counties
Other
School Districts
Special Districts
State
Grand Total

FY 2013/14
Outstanding
$119,463,926
$30,221,580
$37,500,262
$182,619
$250,140,077
$95,854,667
$606,492,790
$1,139,855,921

FY 2012/13
Outstanding
$91,517,985
$33,457,035
$40,528,270
$295,235
$174,002,945
$83,684,709
$589,081,517
$1,012,567,696

FY 14 # of
Contracts
205
13
68
2
250
192
80
810

FY 13 # of
Contracts
235
15
75
2
228
212
72
839

205

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206

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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
Totals for City/Town

2
4

$444,660
$50,757

$525,340
$104,569

$22,164
$1,980

$200,344
$15,177

6

$495,417

$629,909

$24,144

$215,521

4

$812,454

$471,595

$24,231

$52,757

4

$812,454

$471,595

$24,231

$52,757

1
1

$0
$6,195

$156,388
$9,292

$2,076
$511

$12,036
$1,534

2

$6,195

$165,680

$2,587

$13,570

Alpine Fire District
Alpine Sanitary District

2
1

$175,517
$0

$97,315
$101,407

**

$70

$12,015

Concho Fire District
Greer Fire District
Northern Apache County Health Care
Nutrioso Volunteer Fire District
Puerco Valley Fire District
Vernon Fire District
Totals for Special District

2
2
2
1
1
2

$76,294
$105,638
$839,992
$501,448
$0
$487,154

$171,956
$207,154
$229,955
$24,006
$139,711
$160,346

$4,433
$5,753

$78,706
$53,857

13

$2,186,043

25

Benson

2

Bisbee

3

County
Apache County
Totals for County
School District
Ganado USD
St. Johns USD
Totals for School District
Special District

Totals for Apache

**

**

**

$11,352

$26,862

$1,614
$30,178

$10,722
$163,449

$1,131,850

$53,401

$345,611

$3,500,109

$2,399,034

$104,363

$627,459

$60,177
$177,744

$516,425

$6,397

$156,253

$212,024

$7,723

$47,559

Cochise
City/Town

** Special Districts are not required to report interest

207

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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

Douglas
Huachuca City

9
1

$7,571,958
$671,979

$2,529,393
$151,071

$360,159
$23,271

$2,191,561
$36,111

Sierra Vista
Tombstone
Willcox
Totals for City/Town

6
1
3

$10,837,857
$0
$1,535

$3,417,261
$43,951
$302,062

$277,601

$422,229

$5,822

$33,289

25

$19,321,250

$7,172,187

$680,973

$2,887,002

1

$10,100,000

$4,900,000

$503,719

$3,533,263

1

$10,100,000

$4,900,000

$503,719

$3,533,263

2

$210,804

$922,826

$13,201

$239,971

2

$210,804

$922,826

$13,201

$239,971

Apache ESD
Benson USD

1
3

$8,920
$33,346

$34,189
$208,298

$629
$842

$2,773
$6,477

Double Adobe ESD
Douglas USD
Palominas ESD
Pearce ESD
Sierra Vista USD
Willcox USD
Totals for School District

1
2
1
1
1
2

$61,908
$1,075,913
$603,888
$0
$206,961
$1,358,259

$40,063
$343,974
$0
$49,722
$751,001
$214,599

$2,913
$77,335
$6,069
$759
$25,616
$87,369

$3,710
$259,210
$6,099
$4,417
$129,658
$239,901

12

$3,349,195

$1,641,846

$201,532

$652,245

1
2
1
1

$350,179
$249,418
$21,818
$67,742

$9,321
$70,582
$9,682
$132,258

**

**

$13,118

$50,638

$831

$2,019

$3,236

$89,857

**

**

Community College
Cochise Community College
Totals for Community College
County
Cochise County
Totals for County

School District

Special District
Bowie Water Improvement
Mescal-J6 Fire District
Naco Fire District
Naco Sanitary District

** Cities with a population less than 2,500 persons and Special Districts are not required to report interest

208

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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

Pirtleville Fire District
St. David Fire District

1
2

$116,290
$203,715

$0
$61,234

$0
$3,182

$0
$13,411

Whetstone Fire District
Totals for Special District

2

$98,606

$242,061

$5,680

$31,197

10

$1,107,768

$525,138

$26,047

$187,122

50

$34,089,017

$15,161,997

$1,425,472

$7,499,603

Flagstaff

5

$5,792,525

$6,341,073

$259,864

$2,838,217

Fredonia
Page
Williams
Totals for City/Town

2
8
7

$41,341
$342,780
$1,338,350

$55,941
$437,427
$683,129

$1,792
$16,783
$56,398

$6,189
$74,434
$285,644

22

$7,514,996

$7,517,570

$334,837

$3,204,484

Chevelon Butte ESD
Flagstaff USD

1
1

$44,755
$0

$89,274
$352,389

$2,018
$4,148

$2,278
$39,345

Grand Canyon USD
Maine ESD
Tuba City USD
Totals for School District

2
2
1

$587,897
$103,329
$145,560

$274,233
$130,411
$80,412

$38,135
$2,507
$9,588

$79,665
$11,640
$17,701

7

$881,541

$926,719

$56,396

$150,629

Highlands Fire District
Junipine Fire District
Kaibab Estates West Fire District

3
1
1

$4,050,775
$30,400
$108,138

$706,817
$4,000
$41,862

$164,491
$0
$6,298

$505,773
$0
$39,355

Pinewood Fire District
Pinewood Sanitary District
Ponderosa Fire District
Sherwood Forest Estates Fire District

1
3
4
2

$272,464
$311,317
$490,952
$146,153

$173,817
$28,740
$707,984
$113,599

$15,617

$110,281

Totals for Cochise

Coconino
City/Town

School District

Special District

** Special Districts are not required to report interest

209

**

**

$30,138

$409,974

$8,133

$62,441

Return to Table of Contents

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Summit Fire District
Tusayan Fire District
Totals for Special District
Totals for Coconino

Number of
Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

7
1

$3,113,508
$356,559

$792,034
$468,441

$71,372

$197,035

**

**

23

$8,880,266

$3,037,294

$296,049

$1,324,859

52

$17,276,803

$11,481,583

$687,282

$4,679,972

2

$294,627

$317,218

$8,662

$25,831

2

$294,627

$317,218

$8,662

$25,831

3

$5,308

$112,392

$734

$19,982

3

$5,308

$112,392

$734

$19,982

12

$33,970

$209,513

$5,629

$14,170

12

$33,970

$209,513

$5,629

$14,170

1
1
2
5
1

$0
$39,137
$873,352
$130,901
$0

$10,618
$75,863
$171,906
$457,612
$94,427

$43
$2,638
$25,662
$7,145
$1,378

$1,063
$10,637
$34,812
$9,158
$5,373

10

$1,043,390

$810,426

$36,866

$61,043

1
1
4
1

$101,514
$167,494
$768,839
$71,627

$204,198
$132,506
$614,148
$68,373

$6,932
$9,337
$32,812
$4,200

$77,693
$59,592
$78,253
$30,754

Gila

City/Town
Payson
Totals for City/Town
Community College
Gila Provisional Community College
Totals for Community College
County
Gila County
Totals for County
School District
Globe USD
Hayden-Winkelman USD
Miami USD
Payson USD
San Carlos USD
Totals for School District
Special District
Canyon Fire District
Christopher Kohl's Fire District
Hellsgate Fire District
Houston Mesa Fire District

** Special Districts are not required to report interest

210

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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

Pine Creek Canyon Domestic WID
Pine Strawberry Fire District

3
1

$447,437
$120,670

$467,563
$38,456

$8,999
$3,266

$37,556
$3,266

Pine Strawberry Water Improvement District
Strawberry Hollow Domestic WID
Tonto Basin Fire District
Tri-City / Central Heights Fire District
Whispering Pines Fire District
Totals for Special District

1
2
2
4
1

$6,902,000
$45,356
$49,090
$480,782
$23,698

$512,000
$40,697
$212,069
$636,061
$63,302

$319,131

$980,732

**

**

21

$9,178,507

48

Totals for Gila

$6,992

$44,644

$22,736

$159,241

$1,776

$42,628

$2,989,373

$416,181

$1,514,359

$10,555,802

$4,438,922

$468,072

$1,635,385

2

$0

$76,183

12
1

$1,347,662
$255,247

$2,176,588
$396,083

$92,551
$6,637

$1,211,395
$76,675

15

$1,602,909

$2,648,854

$99,188

$1,288,070

7

$1,095,769

$428,526

$14,837

$27,693

7

$1,095,769

$428,526

$14,837

$27,693

1
1

$69,542
$1,229,216

$46,441
$147,707

$2,958
$48,071

$2,958
$116,355

2

$1,298,758

$194,148

$51,029

$119,313

1

$5,400

$15,600

$125

$669

1

$5,400

$15,600

$125

$669

25

$4,002,836

$3,287,128

$165,179

$1,435,745

Graham
City/Town
Pima

Safford
Thatcher
Totals for City/Town
County
Graham County
Totals for County
School District

Bonita ESD
Safford USD
Totals for School District
Special District
Fort Thomas Fire District
Totals for Special District
Totals for Graham

** Special Districts are not required to report interest

211

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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

Greenlee
County
Greenlee County
Totals for County

20

$2,286,459

$2,025,553

$91,343

$250,300

20

$2,286,459

$2,025,553

$91,343

$250,300

2

$162,865

$43,585

$0

$0

2

$162,865

$43,585

$0

$0

22

$2,449,324

$2,069,138

$91,343

$250,300

Parker

2

$56,153

$123,436

$1,613

$4,754

Quartzsite
Totals for City/Town

1

$30,909

$88,800

$2,104

$5,673

3

$87,062

$212,236

$3,717

$10,427

2

$93,699

$106,889

$3,231

$6,296

2

$93,699

$106,889

$3,231

$6,296

Bicentennial UHSD

1

Quartzsite ESD
Wenden ESD
Totals for School District

1
1

$9,439
$107,729
$38,590

$3,604
$25,616
$20,000

$0
$4,300
$0

$0
$9,575
$0

3

$155,758

$49,220

$4,300

$9,575

$129,485

$367,195
$788,353
$0
$143,964

School District

Duncan USD
Totals for School District
Totals for Greenlee
La Paz
City/Town

County
La Paz County
Totals for County
School District

Special District
Buckskin Fire District
Ehrenberg Fire District
La Paz County Jail District
McMullen Valley Fire District

2
3
1
1

$1,693,183
$1,585,000

$20,382
212

$8,639

$79,686

$100,325

$712,129

$41,527

$56,292

$2,095

$49,139

Return to Table of Contents

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

Parker Fire District
Quartzsite Fire District

1
2

$0
$147,327

$210,948
$370,165

$997
$10,218

$49,002
$176,682

Wenden Domestic WID
Totals for Special District

1

$278,692

$22,308

$7,058

$11,934

11

$3,854,069

$1,902,933

$170,859

$1,134,864

19

$4,190,588

$2,271,278

$182,107

$1,161,162

Avondale

1

$0

$2,174,449

$1,663

$470,363

Buckeye
Carefree
Cave Creek
El Mirage
Gila Bend
Glendale
Guadalupe
Mesa

2
1
1
1
1
4
1
1

$410,492
$2,039,847
$8,242
$14,803
$29,000
$10,360,710
$0
$71,640

$1,310,627
$1,292,433
$30,138
$1,329
$187,898
$2,542,144
$20,745
$358,935

$32,130
$79,643
$1,270
$650
$2,633
$586,953
$36
$6,581

$498,935
$930,018
$7,630
$650
$17,908
$1,837,003
$4,103
$88,270

2
10
5
1
4
2

$1,297,719
$4,574,104
$20,678,765
$41,233
$5,406,476
$737,431

$3,591,347
$3,479,289
$1,437,290
$64,485
$2,596,870
$179,738

$65,977
$154,474
$811,688
$1,701
$302,328
$33,019

$1,012,768
$271,982
$1,195,801
$9,500
$2,368,929
$233,718

37

$45,670,462

$19,267,717

$2,080,746

$8,947,578

1

$25,000

$183,780

$2,082

$50,778

1

$25,000

$183,780

$2,082

$50,778

Totals for La Paz

Maricopa
City/Town

Paradise Valley
Phoenix
Queen Creek
Scottsdale
Tempe
Wickenburg
Totals for City/Town
Community College
Maricopa Community College
Totals for Community College
School District

213

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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

Agua Fria UHSD
Avondale ESD

2
2

$110,819
$84,002

$80,085
$29,994

$2,091
$1,434

$9,020
$1,434

Buckeye UHSD
Cartwright ESD
Cave Creek USD
Creighton ESD
Deer Valley USD
Dysart USD
Gilbert USD
Glendale ESD

3
1
4
1
1
2
3
3

$8,784,781
$38,787
$7,994,832
$117,181
$261,739
$1,006,867
$5,588,545
$3,272,902

$755,695
$55,167
$1,035,829
$172,106
$175,057
$215,207
$6,964,414
$177,118

$30,530
$4,208
$262,489
$8,138
$15,381
$27,605
$329,099
$12,431

$81,228
$9,627
$853,233
$18,747
$15,381
$59,578
$1,529,778
$13,746

Glendale UHSD
Higley USD
Isaac ESD
Kyrene ESD
Laveen ESD
Liberty ESD
Litchfield ESD

5
6
2
1
2
2
1

$10,679,015
$59,653,559
$5,398,867
$177,888
$1,894,083
$237,833
$1,506,012

$2,332,213
$17,292,668
$3,205,477
$44,472
$1,219,531
$812,167
$0

$731,230
$29,336
$310,797
$0
$55,894
$26,426
$0

$1,541,942
$629,565
$794,161
$0
$142,014
$97,900
$0

Littleton ESD
Madison ESD
Murphy ESD
Nadaburg USD
Osborn ESD
Palo Verde ESD
Pendergast ESD
Phoenix ESD

1
3
1
1
1
1
3
3

$645,948
$780,619
$13,845
$249,655
$0
$385,519
$3,294,100
$1,603,807

$292,090
$471,155
$50,898
$66,719
$443,135
$77,841
$357,127
$1,023,938

$55,295
$0
$2,000
$879
$0
$5,966
$121,936
$7,884

$255,577
$0
$8,634
$879
$41,191
$11,044
$121,936
$7,884

Roosevelt ESD
Scottsdale USD
Sentinel ESD
Tempe UHSD
Tolleson UHSD

1
8
1
1
1

$3,565,000
$30,768,243
$91,394
$0
$421,950

$2,255,000
$6,258,206
$23,999
$12,336,644
$52,175

$176,662
$1,500,425
$226
$0
$0

$395,842
$3,383,977
$226
$512,721
$0

214

Return to Table of Contents

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Washington ESD
Wickenburg USD
Totals for School District

Number of
Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

3
4

$7,619,153
$819,294

$658,382
$347,847

$53,519
$45,259

$53,519
$144,896

74

$157,066,239

$59,282,356

$3,817,140

$10,735,680

Arizona Utilities CFD

1

$3,217,354

$0

$0

$0

Buckeye Valley Fire District
Daisy Mountain Fire District
Harquahala Valley Fire District
Maricopa County Special Health Care

1
5
2
7

$3,033,585
$329,750
$107,025
$8,758,741

$483,415
$914,581
$126,782
$11,464,276

$132,165
$18,524
$3,202
$342,644

$561,390
$232,460
$53,911
$1,678,311

Paloma Irrigation and Drainage District
Phoenix Mesa Gateway Airport Authority
Sun City Fire District
Sun City West Fire District
Tonopah Valley Fire District
Wittmann Fire District
Totals for Special District

1
2
1
2
1
1

$234,156
$2,768,970
$0
$5,830,308
$274,047
$296,363

$166,063
$474,970
$3,000,000
$6,672,083
$122,951
$60,694

$7,550
$125,260
$0
$289,906
$17,078
$0

$20,974
$970,761
$564,399
$1,537,099
$220,523
$13,060

24

$24,850,299

$23,485,815

$936,329

$5,852,888

136

$227,612,000

$102,219,668

$6,836,296

$25,586,924

2
9
2
6

$814,320
$256,678
$125,695
$7,614,717

$357,083
$313,577
$281,817
$3,863,961

$16,228
$14,258
$8,223
$303,453

$30,233
$103,348
$23,861
$1,055,794

19

$8,811,410

$4,816,438

$342,162

$1,213,236

1

$1,064,471

$254,308

$59,433

$243,082

1

$1,064,471

$254,308

$59,433

$243,082

Special District

Totals for Maricopa
Mohave
City/Town

Bullhead City
Colorado City
Kingman
Lake Havasu City
Totals for City/Town
Community College
Mohave Community College
Totals for Community College

215

Return to Table of Contents

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

School District
Colorado River UHSD

5

$2,117,748

$1,136,622

$82,820

$518,883

Hackberry ESD
Kingman USD
Lake Havasu USD
Littlefield USD
Mohave Valley ESD
Topock ESD
Valentine ESD
Totals for School District

3
1
2
1
1
1
1

$28,621
$24,033
$1,827,155
$55,518
$526,958
$70,770
$47,745

$9,709
$7,238
$2,868,055
$39,935
$98,350
$89,115
$69,929

$621
$0
$28,063
$1,747
$28,507
$2,782
$1,824

$621
$0
$568,943
$1,747
$90,808
$6,816
$4,472

15

$4,698,548

$4,318,953

$146,364

$1,192,290

Beaver Dam / Littlefield Fire District

1

$0

$229,650

**

**

Bullhead City Fire District

5

$958,863

$605,445

$20,342

$57,410

Colorado City Fire District
Desert Hills Fire District
Golden Shores Fire District
Lake Mohave Ranchos Fire District

2
1
3
3

$82,210
$0
$166,606
$0

$167,626
$296,926
$255,534
$224,031

$6,218
$2,059
$7,846
$2,332

$46,592
$46,623
$77,190
$35,499

Oatman Fire District
Pine Lake Fire District
Pinion Pine Fire District
Totals for Special District

1
2
1

$98,503
$27,917
$12,025

$61,030
$77,302
$59,858

$1,518

$9,241

$1,335

$14,353

19

$1,346,124

$1,977,402

$41,650

$286,908

54

$15,920,553

$11,367,101

$589,609

$2,935,516

3
2
1
2

$497,185
$1,308,000
$0
$79,421

$176,585
$395,899
$3,000,000
$311,680

$20,383
$62,209
$1,210
$4,807

$48,920
$128,120
$940,236
$75,359

Special District

Totals for Mohave

**

**

Navajo
City/Town
Pinetop-Lakeside
Show Low
Snowflake
Taylor

** Special Districts are not required to report interest

216

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TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Winslow
Totals for City/Town

Number of
Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

4

$1,106,980

$493,328

$13,609

$257,871

12

$2,991,586

$4,377,492

$102,218

$1,450,506

2

$57,745

$38,842

$5,659

$5,659

2

$57,745

$38,842

$5,659

$5,659

5

$579,596

$435,489

$22,718

$33,926

5

$579,596

$435,489

$22,718

$33,926

Blue Ridge USD
Cedar USD
Holbrook USD
Joseph City USD
Pinon USD
Show Low USD

4
1
1
1
3
2

$1,452,580
$3,486
$988,747
$1,513,615
$1,899,212
$1,721,035

$1,001,127
$4,559
$216,000
$0
$2,520,788
$346,418

$18,545
$0
$49,354
$0
$92,949
$75,313

$115,801
$0
$100,706
$0
$2,875,110
$194,119

Snowflake USD
Totals for School District

1

$2,344,000

$156,500

$102,461

$152,115

13

$9,922,675

$4,245,392

$338,622

$3,437,851

Joseph City Domestic WID

1

$379,663

$81,685

$4,760

$16,426

Joseph City Fire District
Lakeside Fire District
Linden Fire District
Pinedale Domestic WID

2
1
1
1

$85,484
$692,429
$150,475
$43,629

$224,516
$602,394
$19,525
$90,371

$6,076
$34,215
$4,210
$1,140

$63,087
$386,413
$4,210
$46,148

Pinetop Fire District
Show Low Fire District
White Mountain Lake Fire District
Totals for Special District

1
4
1

$0
$1,316,872
$0

$437,800
$1,173,927
$106,995

$20,887
$61,305

$39,012
$538,600

**

**

12

$2,668,552

$2,737,213

$132,593

Community College
Northland Pioneer College
Totals for Community College

County
Navajo County
Totals for County
School District

Special District

** Special Districts are not required to report interest

217

$1,093,896

Return to Table of Contents

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

Totals for Navajo

44

$16,220,154

$11,834,428

$601,810

$6,021,838

Arizona Strip Landfill Corporation
Totals for Other

2

$182,619

$299,735

$11,612

$41,817

2

$182,619

$299,735

$11,612

$41,817

Totals for Other

2

$182,619

$299,735

$11,612

$41,817

2
1
3

$262,587
$268,856
$6,737,012

$231,127
$19,855
$3,808,888

$5,351
$7,112
$87,780

$5,351
$7,112
$426,805

6

$7,268,455

$4,059,870

$100,243

$439,268

5

$639,400

$1,257,300

$18,816

$20,439

5

$639,400

$1,257,300

$18,816

$20,439

Catalina Foothills USD

2

$1,571,586

$1,965,238

$22,530

$29,870

Continental ESD

5

$1,738,197

$397,291

3
2
3
15

$85,950
$11,265,227
$1,718,445
$23,722,083

$381,497
$1,310,051
$1,768,801
$22,873,237

$0
$11,663
$633,214
$71,848
$595,756

$0
$40,223
$2,114,910
$227,989
$1,670,121

3

$1,356,406

$1,223,997

$35,374

$83,114

33

$41,457,894

$29,920,112

$1,370,385

$4,166,227

3

$204,328

$72,552

$2,842

$2,842

Other
Other

Pima
City/Town
Oro Valley
South Tucson
Tucson
Totals for City/Town
County
Pima County
Totals for County
School District

Flowing Wells USD
Marana USD
Sunnyside USD
Tucson USD
Vail USD
Totals for School District
Special District

Arivaca Fire District

218

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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

$452,596
$1,498,962

$208,838
$468,309

$16,719

$45,091

**

Golder Ranch Fire District
Green Valley Fire District
Metropolitan Domestic WID
Mount Lemmon Fire District
Mountain Vista Fire District
Picture Rocks Fire District
Pima County Stadium District
Totals for Special District

1
1
1
3
2
4
1

$1,897,605
$234,039
$730,534
$79,514
$7,259,196
$515,202
$10,375,000

$0
$737,680
$1,769,466
$429,686
$383,206
$382,230
$2,330,000

$0
$19,784
$47,900
$4,903
$97,391
$26,000
$500,458

**

$0
$269,369
$1,324,013
$64,665
$149,521
$188,476
$500,458

20

$23,246,976

$6,781,967

$715,997

$2,544,435

64

$72,612,725

$42,019,249

$2,205,441

$7,170,369

Apache Junction
Casa Grande
Coolidge

4
3
2

$6,631,683
$4,863,835
$543,051

$2,048,647
$2,680,824
$1,085,439

$35,144
$200,127
$30,737

$46,651
$1,420,995
$246,888

Eloy
Florence
Kearny
Mammoth
Maricopa
Superior
Totals for City/Town

3
2
1
1
1
1

$3,093,320
$1,274,152
$144,478
$74,758
$0
$9,069

$558,680
$925,848
$205,522
$32,103
$614,000
$603

$98,872
$44,562
$3,804
$2,613
$3,741
$0

$284,929
$421,205
$32,331
$4,321
$179,229
$0

18

$16,634,346

$8,151,666

$419,600

$2,636,549

2

$7,658,551

$11,146,960

$366,474

$4,680,508

2

$7,658,551

$11,146,960

$366,474

$4,680,508

Totals for Pima
Pinal

City/Town

Community College
Central Arizona College
Totals for Community College
County

** Special Districts are not required to report interest

219

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TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Pinal County
Totals for County

Number of
Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

5

$566,443

$7,614,212

$86,748

$954,692

5

$566,443

$7,614,212

$86,748

$954,692

Casa Grande UHSD

3

$2,071,791

$183,243

$57,945

$96,957

Coolidge USD

4

$398,881

$834,362

$24,444

$69,070

Eloy ESD
Florence USD
J O Combs USD
Mammoth-San Manuel USD

2
3
1
1

$132,040
$284,193
$29,917
$200,707

$107,522
$4,157,099
$194,142
$19,133

$2,050
$40,226
$5,984
$6,946

$8,076
$512,788
$29,918
$6,946

Maricopa USD
Mary C. O'Brien ASD
Picacho ESD
Ray USD
Santa Cruz Valley UHSD
Superior USD
Totals for School District

3
1
1
1
3
3

$67,668
$39,335
$33,494
$22,744
$580,065
$1,815,395

$99,915
$114,368
$30,380
$5,416
$139,522
$267,774

$8,601
$3,926
$2,452
$777
$22,941
$110,081

$14,468
$9,673
$5,645
$777
$93,070
$219,405

26

$5,676,230

$6,152,876

$286,373

$1,066,793

1
2
1
1
1
3

$317,735
$1,020,171
$3,921,104
$184,698
$32,694
$18,886

$1,265
$742,080
$4,280,928
$155,302
$14,053
$36,317

$15,039
$62,312
$161,223
$9,403
$1,015
$1,610

$16,874
$613,954
$2,581,118
$54,066
$1,907
$4,012

9

$5,495,288

$5,229,945

$250,602

$3,271,931

60

$36,030,858

$38,295,659

$1,409,797

$12,610,473

School District

Special District
Antelope Peak Domestic WID
Arizona City Fire District
Arizona City Sanitary District
Oracle Fire District
Queen Valley Domestic WID
Superstition Fire and Medical District
Totals for Special District
Totals for Pinal

220

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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

Santa Cruz
City/Town
Nogales
Totals for City/Town

4

$3,827,993

$3,906,508

$94,349

$960,366

4

$3,827,993

$3,906,508

$94,349

$960,366

5

$9,351,563

$1,264,521

$378,083

$1,135,716

5

$9,351,563

$1,264,521

$378,083

$1,135,716

4

$3,811,796

$1,148,345

$89,411

$132,562

4

$3,811,796

$1,148,345

$89,411

$132,562

Nogales Suburban Fire District

3

$262,748

$130,606

$13,840

Rio Rico Fire District
Santa Cruz County Jail District
Sonoita-Elgin Fire District

1
1
1

$300,000
$117,354
$0

$669,887
$355,646
$145,000

$14,394
$5,552
$0

$92,833
$352,754
$37,851
$24,602

Tubac Fire District
Totals for Special District

1

$207,392

$192,608

$7,945

$24,145

7

$887,494

$1,493,747

$41,731

$532,185

Totals for Santa Cruz

20

$17,878,846

$7,813,121

$603,574

$2,760,829

Arizona Department of Administration
Arizona Department of Corrections

1
6

$65,950,833
$305,968,185

$23,824,167
$61,369,795

$3,628,765
$0

$32,956,641
$0

28
1
13
1
4

$29,323,519
$0
$105,982,477
$711
$61,711,376

$11,608,889
$345,027
$18,651,148
$711
$9,669,098

$519,850
$69
$3,620,967
$0
$2,818,785

$1,072,756
$37,629
$29,599,822
$0
$16,511,270

County

Santa Cruz County
Totals for County
School District
Santa Cruz Valley USD
Totals for School District
Special District

State
State

Arizona Department of Transportation
Arizona Health Care Cost Containment System
Arizona State University
Board of Nursing Care Institution Administrators
Northern Arizona University

221

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TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

University of Arizona
Totals for State

Number of
Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

26

$37,555,689

$14,837,763

$1,961,978

$17,454,593

80

$606,492,790

$140,306,599

$12,550,414

$97,632,711

80

$606,492,790

$140,306,599

$12,550,414

$97,632,711

Camp Verde
Clarkdale
Cottonwood

5
1
6

$625,593
$13,630
$3,973,715

$173,443
$54,407
$1,040,959

$10,110
$952
$27,512

$15,150
$7,669
$181,360

Prescott
Sedona
Totals for City/Town

5
1

$0
$0

$3,642,682
$122,786

$2,724
$316

$1,136,725
$6,449

18

$4,612,938

$5,034,277

$41,614

$1,347,353

3

$11,310,505

$3,051,019

$532,968

$1,861,044

3

$11,310,505

$3,051,019

$532,968

$1,861,044

1

$21,830,105

$28,169,895

$1,008,403

$7,708,408

1

$21,830,105

$28,169,895

$1,008,403

$7,708,408

Ash Fork USD
Beaver Creek ESD
Camp Verde USD
Chino Valley USD

2
4
2
8

$74,807
$42,799
$1,804,770
$1,699,001

$112,188
$84,418
$273,774
$593,633

$2,162
$3,860
$115,860
$83,995

$5,301
$8,920
$442,362
$267,119

Clarkdale-Jerome ESD
Cottonwood-Oak Creek ESD
Kirkland ESD
Mayer USD
Mingus UHSD

1
2
1
3
4

$37,180
$861,546
$76,390
$770,283
$1,589,201

$74,388
$94,221
$20,160
$262,287
$889,730

$2,018
$21,866
$330
$40,685
$28,240

$2,018
$108,376
$330
$137,396
$88,506

Totals for State
Yavapai
City/Town

Community College

Yavapai Community College
Totals for Community College
County
Yavapai County
Totals for County
School District

222

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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

Prescott USD
Sedona-Oak Creek USD

3
1

$53,381
$27,533

$2,991,942
$150,571

$17,297

Seligman USD
Yarnell ESD
Totals for School District

2
1

$152,581
$18,331

$127,462
$43,331

$1,201
$815

$13,339
$815

34

$7,207,803

$5,718,105

$318,329

$1,673,541

Ash Fork Fire District
Camp Verde Fire District
Groom Creek Fire District

1
5
1

$20,898
$960,385
$29,923

$19,352
$698,540
$220,077

$832
$29,005
$2,486

$2,529
$155,702
$60,656

Mayer Fire District
Montezuma Rimrock Fire District
Peeples Valley Fire District
Sedona Fire District
Sheriff's Posse Community Road Improvement
Williamson Valley Fire District
Totals for Special District

2
3
1
4
1
1

$1,918,149
$408,440
$21,340
$2,336,524
$56,761
$190,359

$142,448
$56,203
$74,800
$1,057,800
$153,167
$149,681

$79,665
$18,279
$2,266
$71,674
$5,003
$4,512

$555,612
$33,270
$15,252
$182,217
$18,782
$105,177

19

$5,942,779

$2,572,068

$213,722

$1,129,197

75

$50,904,130

$44,545,364

$2,115,036

$13,719,543

13
1
4

$241,851
$0
$88,624

$199,081
$307,046
$393,876

$2,559
$2,003
$16,220

$4,173
$27,921
$101,004

18

$330,475

$900,003

$20,782

$133,098

Crane ESD

5

$3,092,304

$2,219,945

$210,865

$411,080

Somerton ESD

3

$3,338,773

$776,749

$194,246

$506,708

Wellton ESD

2

$90,014

$80,425

$4,698

$11,383

*

$599,059

*

Special District

Totals for Yavapai
Yuma
City/Town

San Luis
Somerton
Wellton
Totals for City/Town
School District

* School Districts with a student county of more than 600 pupils are required to report interest but data was not provided
223

Return to Table of Contents

TABLE 44
LEASE PURCHASE CONTRACTS BY COUNTY
County

Name of District

Yuma ESD
Yuma UHSD
Totals for School District

Number of
Contracts

Amount Outstanding

Amount Retired

Interest Paid in
Current Fiscal Year

Interest Paid
to Date

2
1

$1,161,656
$5,718,443

$724,363
$1,151,645

$38,607
$378,438

$115,086
$1,199,132

13

$13,401,190

$4,953,127

$826,854

$2,243,389

3

$6,205,102

$2,617,078

$229,275

$511,545

3

$6,205,102

$2,617,078

$229,275

$511,545

34

$19,936,767

$8,470,208

$1,076,911

$2,888,032

810

$1,139,855,921

$448,280,212

$31,124,319

$188,657,679

Special District
Yuma County Airport Authority
Totals for Special District

Totals for Yuma
Grand Totals:

224

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Apache
City/Town
St. Johns
School District
Alpine ESD

Chinle USD
Concho ESD
McNary ESD
Red Mesa USD
Round Valley USD
Sanders USD
Vernon ESD
Window Rock USD
Special District
Alpine Domestic Water Improvement District

Apache County Flood Control District
Apache County Jail District
Apache County Library District
Crosby Acres Special District
Greer Acres Little Colorado Improvement
Little Colorado Sanitary District
Ojo Bonito Estates Domestic WID
Vernon Domestic WID
White Mountain Communities Health Care
Cochise
School District
Ash Creek ESD

225

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Bisbee USD
Bowie USD
Cochise ESD
Elfrida ESD

Fort Huachuca ASD
McNeal ESD
Naco ESD
Pomerene ESD
San Simon USD
St. David USD
Valley UHSD
Special District
Babocomari Fire District
Bowie Fire District
Bowie Light District

Carmel Light District
Cochise County Flood Control District
Cochise County Library District
Elfrida Fire District
Fry Fire District
Golden Acres Light District
Naco Light District
Northern Cochise Hospital District
Palominas Fire District
PBW Fire District

Pirtleville Light District

226

Return to Table of Contents

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Pistachio Pass Irrigation District
Pomerene Domestic WID
Pomerene Fire District
San Jose Fire District

San Pedro Valley Hospital District
San Simon Fire District
San Simon Water District
St. David Domestic WID
St. David Flood Control District
St. David Irrigation District
Sunnyside Fire District
Sunsites Light District
Sunsites-Pearce Fire District
Vanar Flood Control District

Wellspring Water District
Whetstone Water District
Coconino
City/Town
Tusayan
Community College
Coconino Community College
County
Coconino County
School District
Fredonia-Moccasin USD
Page USD

Williams USD

227

Return to Table of Contents

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Special District
Anasazi Trail Road Improvement
Badger Creek Domestic WID
Blue Ridge Fire District

Buckboard Trails Road Improvement District
Coconino County Flood Control
Coconino County Jail District
Coconino County Library District
Flagstaff Ranch Fire District
Flagstaff Special Districts
Forest Lakes Domestic WID
Forest Lakes Fire District
Foxboro Ranch Domestic WID
Greenehaven Fire District
Hashknife Trails Road Improvement District

Kachina Village Improvement District
Kiowa-Comanche Road Improvement District
Linda Lane Road Improvement District
Lockett Ranches Fire District
Lupine Road Improvement District
Majestic View Domestic WID
Mormon Lake Fire District
North Stardust/Antelope Trails Road ID
Northside Sewer Improvement District
Oakwood Pines Road Improvement

Page Hospital District

228

Return to Table of Contents

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Pawnee Road Improvement District
Pinon Road Improvement District
Rio Arroyo Road Improvement
Rodeo Drive Road Improvement

Shoshone Road Improvement District
South Grand Canyon Sanitary District
Toho Tolani Road Improvement
Tonawanda Road Improvement
Valle Domestic Water Improvement District
Westwood Estates Fire District
Williams Facilities District
Williams Hospital District
Woods Fire District
Gila
City/Town

Globe
Hayden
Miami
Star Valley
Winkelman
School District
Pine Strawberry ESD
Tonto Basin ESD
Young ESD
Special District
Apache Hills Street Lighting District

229

Return to Table of Contents

TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Beaver Valley Domestic WID
Beaver Valley Fire District
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
Little Creek Land Company DWID
Miami Gardens Street Lighting District
Northern Gila County Sanitary District
Pine Street Lighting District
Pine Water Association Domestic WID

Pleasant Valley Fire District
Rim Trail Domestic WID
Round Valley / Oxbow Fire District
Solitude Trails Domestic WID
Strawberry Hollow Wastewater Improvement
Sunflower Mesa Domestic WID
Tonto Village Domestic WID
Tri-City Regional Sanitary District
Upper Glendale Street Lighting District
Whispering Pines Domestic WID

230

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Graham
Community College
Eastern Arizona College
School District
Fort Thomas USD

Klondyke ESD
Pima USD
Solomon ESD
Thatcher USD
Special District
Central Jackson Heights Fire District
Gila Valley Irrigation District
Graham County Flood Control District
Mount Graham Hospital District
Pima Rural Fire District

Safford Rural Fire District
Greenlee
City/Town
Clifton
Duncan
School District
Blue ESD
Clifton USD
Eagle ESD
Morenci USD
Special District
Duncan Valley Rural Fire District

231

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Franklin Irrigation District

La Paz
School District
Bouse ESD
Parker USD

Salome ESD
Special District
Bouse Volunteer Fire District
Buckskin Sanitary District
Cibola Valley Irrigation District
La Paz County Hospital District
La Paz Estates Street Lighting District
Lakeside 5 Street Lighting Improvement District
McMullen Valley Water Conservation & Drainage
Salome Street Lighting Improvement District

Wenden Street Lighting Improvement District
Maricopa
City/Town
Chandler
Fountain Hills
Gilbert
Goodyear
Litchfield Park
Peoria
Surprise
Tolleson

Youngtown

232

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

County
Maricopa County
School District
Aguila ESD

Alhambra ESD
Arlington ESD
Balsz ESD
Buckeye ESD
Chandler USD
East Valley Institute of Technology
Fountain Hills USD
Fowler ESD
Gila Bend USD
Maricopa County Regional District
Mesa USD

Mobile ESD
Morristown ESD
Paloma ESD
Paradise Valley USD
Peoria USD
Phoenix UHSD
Queen Creek USD
Riverside ESD
Saddle Mountain USD
Tempe ESD

Tolleson ESD

233

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Union ESD
West Maricopa Education Center
Wilson ESD

Special District

#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

234

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Adaman Irrigation Water Delivery District #36
Agua Fria Ranch CFD
Aguila Fire District
Aguila Irrigation District

Anthem Sun Valley CFD
AZ 9-5 Housing
AZ 9-6 Housing
AZ 9-7 Housing
AZ 9-9 Housing
Berridge Manor IWDD #38
Broadland Ranches Greenfield IWDD #39
Buckeye Water Conservation and Drainage
Camelview Irrigation WDD #44
Centerra Community Facilities District

Chandler Heights Citrus Irrigation District
Circle City / Morristown Fire District
Circle G Octotillo Irrigation WDD #47
Citrus Gardens Irrigation WDD #33
Clearwater Hills Fire District
College Park Country Estates IWDD #53
Cortina Community Facilities District
Cottonflower Community Facilities District
Cottonwoods Improvement District
Cuatro Palmas Irrigation WDD #26
DC Ranch Community Facilities District

Eagle Mountain Community Facilities District

235

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
East Morningside Irrigation WDD #8
Eastmark Community Facilities District
Electrical District #7
Electrical District #8

Elianto Community Facilities District
Estrella Mountain Ranch CFD
Festival Ranch Community Facilities District
Fountain Hills Road District
Fountain Hills Sanitary District
Goldfield Ranch Fire District
Goodyear CFD - General
Goodyear CFD - Utilities
Groves at Superstition Ranch IWDD #40
Groves of Hermosa Vista IWDD #41

Harquahala Valley Irrigation District
Harquahala Valley Power District
Hoffman Terrace Irrigation WDD #3
Jackrabbit Trail Improvement District
King Ranch Community Facilities District
Lamar Irrigation Water Delivery District #30
Laveen Fire District
Leroy Vista Irrigation WDD #12
Long Manor Irrigation WDD #52
Longhorn Ranch Irrigation WDD #51
Los Olivos Irrigation Water Delivery District #1

Madison Park Irrigation WDD #22

236

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Maricopa County Flood Control District
Maricopa County Library District
Maricopa County Stadium District
Maricopa County Street Lighting Improvement Districts

Maricopa Water Conservation District #1
Marley Park Community Facilities District
McDowell Homes Irrigation WDD #7
McDowell Mountain Ranch CFD
McDowell Road Commercial Corridor ID
McMicken Irrigation District
Miller Road Improvement District
Mirielle Community Facilities District
Mobile Gardens Domestic WID
Morrison Ranch Irrigation WDD #49

Myrtle Park Irrigation WDD #10
New State Irrigation and Drainage District
Ocotillo Water Conservation District #68
Olivewood Estates Irrigation WDD #29
Palm Valley Community Facilities District
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

237

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Peoria Improvement District #9601
Peoria Improvement District #9602
Peoria Improvement District #9603
Peoria Improvement District #9801

Puerto Cuatro Irrigation WDD #46
Queen Creek Irrigation District
Queen Creek Irrigation WDD #32
Rancho Solano Improvement District
Rancho-Grande and Landerwood IWDD #24
Ranchos Jardines Irrigation WDD #34
Rio Verde Fire District
Roosevelt Irrigation District
Roosevelt Water Conservation District
Rose Lane Irrigation Water Delivery District #28

San Tan Irrigation District
Scottsdale Mountain CFD
Scottsdale Waterfront Commercial CFD
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
Sun View Estates II Irrigation WDD #54
Sunburst Farms Irrigation District

Sundance Community Facilities District

238

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Surprise Street Lighting Improvement Districts
Tanner Groves Irrigation WDD #37
Tartesso West Community Facilities District
Tatum Ranch Community Facilities District

Tempe Improvement Districts
Thoroughbred Farms Irrigation WDD #43
Tonopah Irrigation District
Tonto Hills Domestic WID
Tres Palmas Irrigation WDD #6
Trillium Community Facilities District
Turney Tract Irrigation WDD #15
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
Windsor Square Irrigation WDD #27

Woodlea Irrigation WDD #2

239

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Woolsey Flood Protection District

Mohave
County
Mohave County
School District

Bullhead City ESD
Colorado City USD
Owens ESD
Peach Springs USD
Yucca ESD
Special District
Bullhead City Pest Abatement District
Bullhead City Sewer Improvement District
Butler Road Improvement I & II
Centennial Park Domestic WID

Cerbat Ranch Street Improvement District
Chloride Domestic Water Improvement District
Crystal Beach Water Conservation District
Fort Mojave Mesa Fire District
Golden Shores Water Conservation District
Golden Valley Fire District
Golden Valley Improvement District
Havasu Heights Domestic WID
Holiday Lighting District
Horizon Six Improvement District
Hospital District #1 of Mohave County

240

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Lake Havasu City Improvement District
Lake Havasu City Sanitary District
Lake Havasu Irrigation and Drainage District
Moccasin Domestic WID

Mohave County Airport Authority
Mohave County Flood Control District
Mohave County Jail District
Mohave County Library District
Mohave County Television Improvement
Mohave Valley Fire District
Mohave Valley Irrigation and Drainage District
Mohave Water Conservation District
Northern Arizona Consolidated Fire District
Rainbow Acres Street Improvement District

Rancho Verde Improvement District
Scenic Improvement District
So-Hi Domestic Water Improvement District
Sterling Community Facilities District #1
Sterling Community Facilities District #2
Topock / Golden Shores Sanitary District
Yucca Fire District
Navajo
City/Town
Holbrook
School District
Heber-Overgaard USD

241

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Kayenta USD
Whiteriver USD
Winslow USD

Special District

Beaver Dam Circle Improvement District
Blue Lake Circle Road Improvement District
Buck Springs Road Improvement District
Bucking Horse Improvement District
Chaparral Drive Improvement District
Clay Springs / Pinedale Fire District
Clay Springs Domestic WID
Drifting Snow Loop Road Improvement District
Fawnbrook Domestic WID
Heber Domestic Water Improvement District
Heber-Overgaard Fire District

Heber-Overgaard Sanitary District
Hiawatha Trail Road Improvement District
Hilltop Drive Road Improvement District
Joseph City Sanitary 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 District

242

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Navajo County Flood Control District
Navajo County Library District
Navapache Hospital District
North Whistle Stop Loop Improvement District

Palomino Drive Road Improvement District
Pine Meadows Country Club CRID
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 Community Facilities District
Show Low Improvement District #5
Show Low Improvement District #6

Show Low Improvement District #7
Shumway Road Improvement District
Silver Creek County Road Improvement
Silver Creek Flood Control District
Sky-Hi Domestic Water Improvement District
Soaring Eagle CRID
Sun Valley Fire District
Sutter Drive Improvement District
Sweeping Vista Road Improvement District
Timberlake Pines CRID
Timberland Acres Special Road District #1

Victory Heights Road Maintenance District

243

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
White Mountain Lake Road District #2
White Mountain Summer Home
Wild Cat Way Improvement District
Wild Horse Road #1

Wonderland Acres Domestic WID
Woodruff Fire District
Woodruff Irrigation District
Other
Other
Arizona Power Authority
Arizona Sports and Tourism Authority
Central Arizona Water Conservation District
Health Facilities Authority
Salt River Project
U of A Health Network

Pima
City/Town
Marana
Sahuarita
Community College
Pima Community College
School District
Ajo USD
Altar Valley ESD
Amphitheater USD
Baboquivari USD
Empire ESD

244

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Pima Accommodation
Redington ESD
Sahuarita USD
San Fernando ESD

Tanque Verde USD
Special District
Ajo-Lukeville Health Services District
Cmo Ojo De Agua Improvement District
Cortaro-Marana Irrigation District
Dove Mountain Resort CFD
Drexel Heights Fire District
Flowing Wells Irrigation District
Gladden Farms Community Facilities District
Gladden Farms Phase II Community Facilities District
Green Valley Domestic WID

Hayhook Ranch Improvement District
Hidden Valley Fire District
La Cholla Sewer District
Marana Domestic Water Improvement District
Mount Lemmon Domestic WID
Northwest Fire District
Pima County Flood Control District
Pima County Library District
Pima County Mobile Home Relocation District
Quail Creek Community Facilities District

Red Hawk Canyon CFD

245

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Regional Transportation Authority
Rincon Valley Fire District
Rio Nuevo Multipurpose Facilities District
Sabino Vista Fire District

Saguaro Springs CFD
Tangerine Farms Road Improvement District
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
School District
Apache Junction USD

Casa Grande ESD
Oracle ESD
Red Rock ESD
Sacaton ESD
Stanfield ESD
Special District
Anthem at Merrill Ranch SLID #1
Anthem at Merrill Ranch SLID #2
Anthem at Merrill Ranch SLID #3
Apache Junction Water Utilities CFD
Apache Villa III, IV, Clearview Lighting District

246

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Apache Villa IIIA Lighting District
Apache Villa No. 2 Lighting District
Apache Villa Unit 1 Lighting District
Apache Villa Unit 4 Lighting District

Apache Villa V Lighting District
Arizona Grande Lighting District
Arroyo Verde Lighting District
Central Arizona Irrigation and 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
Electrical District #6
Eloy Fire District
Enchanted Acres #1 Lighting District
Enchanted Acres #2 Lighting District
Florence Flood Control District
Green Reservoir Flood Control District

HoHoKam Irrigation and Drainage District

247

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Ironwood Cove I Lighting District
Ironwood Cove II Lighting District
Ironwood Estates Lighting District
Ironwood Manor Lighting District

Magma Flood Control District
Mammoth Fire District
Maricopa Domestic Water Improvement District
Maricopa Flood Control District
Maricopa Mountain Domestic WID
Maricopa Road Improvement District
Maricopa Rural Road Improvement District
Maricopa-Stanfield Irrigation and 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 and Drainage 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

Post Ranch Community Facilities District

248

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Queen Creek Domestic WID
Queen Valley Fire District
Queen Valley Sanitary District
Renaissance Park Lighting District

Renaissance Point Unit 1 Lighting District
Renaissance Point Unit 2 Lighting District
San Carlos Irrigation District
San Manuel Fire District
Sandia Community Facilities District
Seven Ranches Domestic WID
Silverbell Irrigation and Drainage District
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 Farms Irrigation WDD #3
Thunderbird Fire District
Thunderbird Irrigation WDD #1
Thunderbird Irrigation WDD #2
Valle Escondido Domestic WID
Villa Grande Improvement District

Villago Community Facilities District

249

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Santa Cruz
City/Town
Patagonia
Community College
Santa Cruz Provisional Community College

School District
Nogales USD
Patagonia ESD
Patagonia UHSD
Santa Cruz ESD
Sonoita ESD
Special District
Santa Cruz County Flood Control District
Three Canyons Domestic WID
State
State

Arizona Automobile Theft Authority
Arizona Board for Private Postsecondary Education
Arizona Board of Appraisal
Arizona Board of Athletic Training
Arizona Board of Behavioral Health Examiners
Arizona Board of Cosmetology
Arizona Board of Executive Clemency
Arizona Board of Fingerprinting
Arizona Board of Funeral Directors and Embalmers
Arizona Board of Occupational Therapy Examiners
Arizona Board of Podiatry Examiners

250

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Arizona Board of Psychologist Examiners
Arizona Board of Regents
Arizona Board of Tax Appeals
Arizona Commerce Authority

Arizona Commission for Postsecondary Education
Arizona Commission on Judicial Conduct
Arizona Commission on the Arts
Arizona Commission on Uniform State Laws
Arizona Corporation Commission
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 Gaming
Arizona Department of Health Services
Arizona Department of Homeland Security
Arizona Department of Housing
Arizona Department of Insurance
Arizona Department of Juvenile Corrections
Arizona Department of Liquor Licenses and Control
Arizona Department of Public Safety

Arizona Department of Racing

251

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Arizona Department of Real Estate
Arizona Department of Revenue
Arizona Department of Veteran's Services
Arizona Department of Water Resources

Arizona Department of Weights and Measures
Arizona Early Childhood Development & Health Board
Arizona Exposition and State Fair
Arizona Game and Fish Department
Arizona Geological Survey
Arizona Historical Society
Arizona House of Representatives
Arizona Housing Finance Authority
Arizona Medical Board
Arizona Office of Tourism

Arizona Pioneer's Home
Arizona Radiation Regulatory Agency
Arizona State Board for Charter Schools
Arizona State Board of Accountancy
Arizona State Board of Acupuncture
Arizona State Board of Barbers
Arizona State Board of Chiropractic Examiners
Arizona State Board of Dental Examiners
Arizona State Board of Dispensing Opticians
Arizona State Board of Equalization
Arizona State Board of Geographic & Historic Names

Arizona State Board of Massage Therapy

252

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
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 Respiratory Care Examiners
Arizona State Board of Technical Registration
Arizona State Forester
Arizona State Land Department
Arizona State Lottery Commission
Arizona State Mine Inspector Office
Arizona State Parks
Arizona State Personnel Board
Arizona State Retirement System

Arizona State Schools for the Deaf and the Blind
Arizona State Senate
Arizona State Supreme Court
Arizona State Veterinary Medical Examining Board
Board of Homeopathic and Integrated Medicine Exam
Board of Naturopathic Physicians Examiners
Board of Peace Officer Standards & Training
Citizen's Clean Elections Commission
Commission for the Deaf and Hard of Hearing
Cooperative Extension Service
Court of Appeals Div I

Court of Appeals Div II

253

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Department of Fire, Building and Life Safety
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 and Budget
Greater Arizona Development Authority
Industrial Commission of Arizona
Joint Legislative Budget Committee

Law Enforcement Merit System Council
Navigable Stream Adjudication Commission
Office of Administrative Hearings
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
Public Safety Personnel Retirement System
Registrar of Contractors
Residential Utility Consumer Office

School Facilities Board

254

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Secretary of State's Office
Water Infrastructure Finance Authority

Yavapai
City/Town
Chino Valley

Dewey-Humboldt
Jerome
Prescott Valley
School District
Bagdad USD
Canon ESD
Congress ESD
Crown King ESD
Hillside ESD
Humboldt USD

Skull Valley ESD
Walnut Grove ESD
Williamson Valley ESD
Special District
American Ranch Domestic WID
Ash Fork Sanitary District
Ash Fork Street Lighting District
Big Park Domestic Wastewater Improvement
Black Canyon City Water Improvement District
Black Canyon Fire District
Bryce Canyon Drive Domestic WWID

255

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Calvary Chapel Domestic WID
Camp Verde Sanitary District
Central Yavapai Fire District
Central Yavapai Hospital District

Chino Valley Fire District
Chino Valley Irrigation District
Clarkdale Fire District
Congress Domestic WID
Congress Fire District
Coyote Springs Road Improvement District
Creekside Sanitary District
Crown King Fire District
Diamond Valley Water District
Eastridge Community Facilities District

Granite Gardens Sanitary District
Hassayampa Community Facilities District
Hassayampa Community Facilities District #2
High Valley Ranch Domestic Wastewater ID
Highland Pines Domestic WID
Holiday Hills Domestic WID
I.C.R. Sanitary District
Iron Springs Sanitary District
Jackson Acres Domestic WID
Kings Ranch Unit 2 Domestic WWID
Mayer Domestic Water Improvement District

Parkway Community Facilities District

256

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Ponderosa Park Domestic WID
Poquito Valley Road Improvement District
Prescott East Sanitary District
Prescott Water Improvement District P164

Pronghorn Ranch CFD
Quail Ridge Domestic WID
Quailwood Meadows CFD
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
Southside Community Facilities District

Stoneridge Community Facilities District
Tapadero Domestic Wastewater Improvement
TiPeJi Domestic Water Improvement District
Verde Valley Fire District
Yarnell Fire District
Yarnell Street Lighting District
Yavapai County Flood Control District
Yavapai County Jail District
Yavapai County Library District
Yavapai Ranch Domestic WID

257

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District

Yuma
City/Town
Yuma
Community College
Arizona Western College

County
Yuma County
School District
Antelope UHSD
Gadsden ESD
Hyder ESD
Mohawk Valley ESD
Special District
Del Sur Estates Improvement District
Donovan Estates Improvement District
Downtown Mall Maintenance Improvement

East San Luis Community Facilities District
El Prado Estates Improvement District
Gadsden Townsite Improvement District
Gila Valley Anti-Noxious Weed District
Hillander "C" Irrigation District
Hyder Valley Irrigation Water Delivery #35
Improvement District #67
Improvement District #68
Links at Coyote Wash CFD
North Gila Valley Irrigation District

Unit B Irrigation District

258

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TABLE 45
JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS
County

Name of District
Wellton-Mohawk Anti-Noxious Weed District
Wellton-Mohawk Irrigation & Drainage District
Yuma County Citrus Pest Control District
Yuma County Flood 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 and Drainage District

259

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260

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SECTION FOUR
NON REPORTING POLITICAL SUBDIVISIONS

261

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262

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TABLE 46
JURISDICTIONS WHO FAILED TO SUBMIT BOND REPORTS
Jurisdiction

Name

Previously Reported Bonds

263

Total Previous
Outstanding

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TABLE 47
JURISDICTIONS WHO FAILED TO SUBMIT LEASE PURCHASE REPORTS
Jurisdiction

Name

Previously Reported Lease Purchase Contracts

School District
Toltec ESD

Yes

Tombstone USD

Yes

Ganado Fire District

Yes

Special District

264