FY 2014/15 REPORT OF BONDED INDEBTEDNESS Jeff DeWit State Treasurer December 2015 This page left blank 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 31 Table 3 Community College Indebtedness................................................................ Page 35 SCHOOL DISTRICTS Page 37 Table 4 Apache County School District Indebtedness................................................. Page Table 5 Cochise County School District Indebtedness.................................................Page Table 6 Coconino County School District Indebtedness.............................................. Page Table 7 Gila County School District Indebtedness.................................................... ...Page Table 8 Graham County School District Indebtedness............................................. ...Page Table 9 Greenlee County School District Indebtedness.............................................. Page Table 10 La Paz County School District Indebtedness................................................ Page Table 11 Maricopa County School District Indebtedness............................................ Page Table 12 Mohave County School District Indebtedness.............................................. Page Table 13 Navajo County School District Indebtedness................................................ Page Table 14 Pima County School District Indebtedness................................................... Page Table 15 Pinal County School District Indebtedness................................................... Page Table 16 Santa Cruz County School District Indebtedness......................................... Page Table 17 Yavapai County School District Indebtedness.............................................. Page Table 18 Yuma County School District Indebtedness.................................................. Page 39 41 45 47 49 51 52 53 62 64 66 69 72 73 77 SPECIAL DISTRICTS Page 79 Table 20 Apache County Special District Indebtedness….......................................... Page 83 Table 21 Cochise County Special District Indebtedness….......................................... Page 85 Table 22 Coconino County Special District Indebtedness........................................... Page 88 Table 23 Gila County Special District Indebtedness.................................................... Page 92 Table 24 Graham County Special District Indebtedness............................................. Page 95 Table 25 Greenlee County Special District Indebtedness........................................... Page 96 Table 26 La Paz County Special District Indebtedness............................................... Page 97 Table 27 Maricopa County Special District Indebtedness........................................... Page 99 Table 28 Mohave County Special District Indebtedness............................................. Page 111 Table 29 Navajo County Special District Indebtedness............................................... Page 114 Table 30 Pima County Special District Indebtedness.................................................. Page 118 Table 31 Pinal County Special District Indebtedness.................................................. Page 122 Table 32 Santa Cruz County Special District Indebtedness.........................................Page 128 Table 33 Yavapai County Special District Indebtedness............................................. Page 129 Table 34 Yuma County Special District Indebtedness................................................. Page 135 i TABLE OF CONTENTS STATE AGENCIES AND UNIVERSITIES Page 139 Table 36 State Agency and University Indebtedness...................................................Page 143 OTHER JURISDICTIONS Page 155 Table 37 Other Jurisdictions’ Indebtedness.......................................................... ……Page 157 SECTION TWO – NEW ISSUES FY 2011/12 NEW ISSUES Page 161 Table 38 County Indebtedness.................................................................................... Page 164 Table 39 City/Town Indebtedness................................................................................ Page 164 Table 40 Community College Indebtedness................................................................ Page 165 Table 41 School District Indebtedness ........................................................................Page 166 Table 42 Special District Indebtedness ........................................................................Page 168 Table 43 State Agency, University and Other Jurisdiction Indebtedness.................... Page 168 SECTION THREE – LEASE PURCHASES LEASE PURCHASES/THIRD PARTY FINANCING CONTRACTS Page 171 Table 44 Lease Purchase/Third Party Financing Contracts ..........................................Page 173 Table 45 Jurisdictions reporting no Lease Purchase/Third Party Financing………….......Page 187 SECTION FOUR – NON REPORTING POLITICAL SUBDIVISIONS Table 46 Jurisdictions Who Failed to Submit Bond Reports .........................................Page 201 Table 47 Jurisdictions Who Failed to Submit Bond/Lease Purchase Reports...... ………Page 201 Table 48 Jurisdictions Who Failed to Submit Lease Purchase Reports.........................Page 201 ii 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, 2014 through June 30, 2015 (FY 2014/15), by the state, political subdivisions within the state or their statutory agents. A.R.S. § 35-501 states, in part: "The state treasurer 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." This report has historically been produced by the Department of Revenue. Laws 2015, Chapter 221 changed the reporting requirement to the State Treasurer as of July 3, 2015. Due to the transition, there may be some differences in how data is reported between prior reports by DOR and this preliminary report. 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 paramount, 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, 2015 of $42.42 billion (outstanding bonds of $40.6 billion and outstanding leases of $1.8 billion). This excludes the debt reported by the Greater Arizona Development Authority (GADA) and the Water Infrastructure Finance Authority (WIFA) of $1.1 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, 2014 of $42.92 billion (outstanding bonds of $41.78 billion and outstanding leases of $1.14 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. 1 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. 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 nonprofit 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 represent 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 and 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. 2 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, 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. PER CAPITA DEBT With total debt of $42.4 billion, and a statewide population as of July 1, 2014 estimated at 6,667,241, the amount of debt per person in Arizona was $6,362 a person, or $25,448 for a family of four. 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.aztreasury.gov under “Indebtedness” and Reports links. 3 4 This page left blank SECTION ONE FY 2014/15 BONDED INDEBTEDNESS BY POLITICAL SUBDIVISION 5 6 This page left blank COUNTIES As of June 30, 2015, counties reported a total outstanding debt of $1.85 billion (outstanding bonds of $1.63 billion and outstanding leases of $.22 billion), an 11.4% increase from the prior fiscal year. For FY 2014, counties reported total outstanding debt of $1.66 billion (outstanding bonds of $1.62 billion and outstanding leases of $0.04 billion). County debt 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. Ten counties reported these types of outstanding debt totaling $1.6 billion at the end of FY 2014/15, a 0.26% increase from the $1.6 billion reported for FY 2013/14. Detail of the outstanding debt reported by the counties can be found in Table 1. Four types of outstanding debt have been reported:     $383 million in general obligation debt reported by one county; $1.03 billion in revenue bonds, reported by eight counties; $185 million in certificates of participation, reported by two counties; and, $21 million in Beneficial Interest Certificates, reported by one county. During FY 2014/15, $118.3 million of principal was retired by counties. Cochise, Coconino, Graham, Greenlee, and Yavapai County, reported no debt. County lease purchases represent debt issued with a term in excess of one year. As of June 30, 2015 lease purchases totaled $223.3 million for 13 counties, a 496% increase from the $37.5 million reported for FY 2014. 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 Maricopa Pinal Santa Cruz Mohave Yavapai La Paz Navajo Yuma Gila Apache Cochise Greenlee Graham Coconino Total OUTSTANDING BONDS $1,106,703,716 $270,245,000 $167,465,000 $13, 270,000 $21,570,000 $0 $17,985,000 $16,020,000 $6,930,000 $6,260,003 $3,370,000 $0 $0 $0 $0 $1,629,818,719 OUTSTANDING LEASES $178,156,361 $6,187,433 $418,121 $9, 518,285 $1,017,087 $20,676,993 $1,539,035 $329,067 $131,232 $0 $867,472 $2,007,494 $1,595,507 $873,955 $0 $233,318,041 TOTAL OUTSTANDING DEBT $1,284,860,077 $276,432,433 $167,883,121 $22,788,285 $22,587,087 $20,676,993 $19,524,035 $16,349,067 $7,061,232 $6,260,003 $4,237,472 $2,007,494 $1,595,507 $873,955 $0 $1,853,136,760 Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2015. However, the year-end balances should reflect any July 1, 2015 payments if the payment amount has been deposited into a dedicated fund for the payment of principal. 7 GENERAL OBLIGATION DEBT Apache and 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 $383,935,000 34% 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 2014/15 was $1.03 billion, after payments totaling $72.7 million during the fiscal year. MUNICIPAL PROPERTY CORPORATION DEBT Pinal County reported that all of its previous outstanding municipal property corporation debt was refunded in FY 15. CERTIFICATES OF PARTICIPATION Cochise and Maricopa Counties reported certificates of participation. The outstanding balance in certificates of participation at the end of FY 2014/15 was $185 million, after retiring $3.2 million during the fiscal year. Mohave County reported Beneficial Interest Certificates for the year with a balance of $21.6 million after payments of $3.8 million. NEW BONDS During FY 2014/15, four counties reported five new bond issues totaling $351.4 million. 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, 2015, 13 counties reported outstanding lease purchases of $223.3 million. Pima County had the most lease purchase debt for $178.2 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 2014/15 of $60.4 million on $1.6 billion of outstanding principal as of June 30, 2015 and $428.9 million interest paid to date on 56 bond issues with an original principal of $2.5 billion from outstanding bonds. An additional $8.2 million in interest was paid during FY 2014/15 and $32.5 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 $1,098.83 $848.15 $267.79 $422.64 $0.00 $146.72 PER CAPITA LEASE DEBT $176.89 $72.58 $192.08 $1.06 $152.30 $3.01 8 PER CAPITA TOTAL DEBT $1,275.72 $920.73 $459.87 $423.69 $152.30 $149.74 COUNTY Gila Mohave Yavapai Maricopa Apache Yuma Graham Cochise Coconino PER CAPITA BOND DEBT $115.46 $105.74 $0.00 $67.42 $46.89 $32.69 $0.00 $0.00 $0.00 PER CAPITA LEASE DEBT $0.0 $4.99 $96.01 $1.54 $12.07 $0.62 $22.81 $15.49 $0.00 PER CAPITA TOTAL DEBT $115.46 $110.72 $96.01 $68.96 $58.96 $33.31 $22.81 $15.49 $0.00 The population measure used to calculate per capita debt is the July 1, 2014 Department of Administration’s estimate. 9 10 This page left blank TABLE 1 COUNTY FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COUNTY NAME # OF ISSUES Apache County Revenue Totals for Apache County ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 15% DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 1 3,980,000 610,000 0 3,370,000 210,000 160,506 1,341,222 1 3,980,000 610,000 0 3,370,000 210,000 160,506 1,341,222 1 9,500,000 9,500,000 0 0 3,165,000 67,413 3,140,552 1 9,500,000 9,500,000 0 0 3,165,000 67,413 3,140,552 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 8,000,000 1,739,997 0 6,260,003 470,548 145,550 1,343,063 2 8,000,000 1,739,997 0 6,260,003 470,548 145,550 1,343,063 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 19,430,000 1,445,000 0 17,985,000 735,000 801,529 3,066,228 3 19,430,000 1,445,000 0 17,985,000 735,000 801,529 3,066,228 185,580,000 140,940,000 0 56,275,000 0 0 185,580,000 84,665,000 0 12,470,000 0 4,283,180 0 45,260,379 326,520,000 56,275,000 0 270,245,000 12,470,000 4,283,180 45,260,379 2 65,320,000 43,750,000 0 21,570,000 3,820,000 1,048,813 15,722,696 2 65,320,000 43,750,000 0 21,570,000 3,820,000 1,048,813 15,722,696 2 19,125,000 3,105,000 0 16,020,000 1,130,000 479,456 1,065,574 2 19,125,000 3,105,000 0 16,020,000 1,130,000 479,456 1,065,574 13 18 778,335,000 966,814,714 339,530,000 219,520,998 54,870,000 24,525,000 383,935,000 722,768,716 38,340,000 54,711,303 14,814,706 35,342,779 130,491,071 191,695,374 31 1,745,149,714 559,050,998 79,395,000 1,106,703,716 93,051,303 50,157,485 322,186,445 Cochise County Certificate of Particip Totals for Cochise County Coconino County Totals for Coconino County Gila County Revenue Totals for Gila County Graham County Totals for Graham County Greenlee County Totals for Greenlee County La Paz County Revenue Totals for La Paz County Maricopa County Certificate of Particip 1 Revenue 2 Totals for Maricopa County 3 Mohave County BIC Totals for Mohave County Navajo County Revenue Totals for Navajo County Pima County General Obligation Revenue Totals for Pima County Page: 11 1,136,984,830 383,935,000 TABLE 1 COUNTY FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COUNTY NAME # OF ISSUES Pinal County Revenue Totals for Pinal County ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 15% DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 9 246,695,000 35,990,000 43,240,000 167,465,000 2,645,000 2,398,551 30,407,732 9 246,695,000 35,990,000 43,240,000 167,465,000 2,645,000 2,398,551 30,407,732 15,265,000 1,995,000 0 13,270,000 315,000 679,925 4,981,755 15,265,000 1,995,000 0 13,270,000 315,000 679,925 4,981,755 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7,500,000 570,000 0 6,930,000 286,000 214,350 430,940 1 7,500,000 570,000 0 6,930,000 286,000 214,350 430,940 General Obligation Revenue Certificate of Participation BIC 13 778,335,000 39 1,427,749,714 2 195,080,000 2 65,320,000 339,530,000 321,250,995 9,500,000 43,750,000 54,870,000 67,765,000 0 0 383,935,000 1,038,733,719 185,580,000 21,570,000 38,340,000 72,972,851 3,165,000 3,820,000 14,814,706 44,505,826 67,413 1,048,813 130,491,071 279,592,267 3,140,552 15,722,696 Grand Total 56 2,466,484,714 714,030,995 122,635,000 1,629,818,719 118,297,851 60,436,757 428,946,585 Santa Cruz County Revenue 1 Totals for Santa Cruz County 1 Yavapai County Totals for Yavapai County Yuma County Revenue Totals for Yuma County Page: 12 CITIES/TOWNS As of June 30, 2015, cities and towns reported total outstanding debt of $15.45 billion (outstanding bonds of $15.33 billion and outstanding leases of $0.12 billion), a 2.7% decrease from the prior fiscal year. For FY 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). 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, 2015, these types of outstanding debt totaled $15.33 billion for cities and towns, a 2.7% decrease from the $15.76 billion reported for FY 2014. 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 2014/15; 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, 2015:  $4.1 billion in general obligation debt;  $3.7 billion in revenue bonds;  $7.2 billion in other debt primarily issued through municipal property corporations, or as special assessment debt;  $270.1 million in certificates of participation. City and town lease purchases represent debt issued with a term in excess of one year. As of June 30, 2015, lease purchases totaled $123.1 million for cities and towns, a 3% increase from the $119.5 million reported for FY 2014. Of the 91 incorporated cities and towns, 52 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 2014/15, $850 million of outstanding principal was retired. The following table lists debt by city and town ranked from highest debt to lowest debt. City of Phoenix $6,320,212,961 $10,463,668 TOTAL OUTSTANDING DEBT $6,330,676,629 City of Mesa $1,541,820,000 $2,115,961 $1,543,935,961 City of Scottsdale $1,176,297,134 $15,344 $1,176,312,478 City of Tucson $1,058,964,120 $16,008,745 $1,074,972,865 City of Glendale $881,435,000 $56,509 $881,491,509 City of Tempe $618,292,281 $4,922,676 $623,214,957 City of Chandler $505,205,000 $0 $505,205,000 Town of Gilbert $390,935,000 $0 $390,935,000 City of Peoria $299,139,335 $0 $299,139,335 City of Lake Havasu City $274,079,046 $6,645,979 $280,725,025 City of Goodyear $249,151,326 $0 $249,151,326 City of Yuma $233,833,648 $0 $233,833,648 CITY/TOWN OUTSTANDING BONDS OUTSTANDING LEASES 13 Town of Cave Creek $159,030,865 $0 TOTAL OUTSTANDING DEBT $159,030,865 City of San Luis $131,821,967 $144,032 $131,965,999 City of Flagstaff $104,274,032 $4,996,677 $109,270,709 City of Prescott $108,206,031 $0 $108,206,031 City of Casa Grande $94,683,412 $8,081,767 $102,765,179 City of Surprise $76,030,000 $0 $76,030,000 City of Avondale $66,190,000 $0 $66,190,000 Town of Marana $66,004,000 $0 $66,004,000 City of Cottonwood $57,067,154 $2,921,976 $59,989,130 Town of Prescott Valley $55,646,059 $0 $55,646,059 Town of Oro Valley $50,664,568 $247,456 $50,912,024 City of Maricopa $44,740,000 $0 $44,740,000 City of Kingman $44,608,935 $85,025 $44,693,960 City of Sedona $42,260,000 $0 $42,260,000 City of El Mirage $41,526,826 $11,913 $41,538,739 City of Buckeye $40,368,946 $217,271 $40,586,217 City of Tolleson $39,867,440 $0 $39,867,440 Town of Sahuarita $39,302,812 $0 $39,302,812 City of Nogales $33,385,000 $5,087,906 $38,472,906 City of Bullhead City $37,570,000 $592,090 $38,162,090 City of Sierra Vista $18,478,000 $9,530,761 $28,008,761 City of Show Low $24,158,477 $1,102,000 $25,260,477 City of Somerton $23,953,706 $236,920 $24,190,626 City of Williams $22,218,413 $1,056,160 $23,274,573 City of Safford $22,835,001 $417,816 $23,252,817 Town of Chino Valley $22,477,755 $611,795 $23,089,550 City of Douglas $11,144,723 $6,692,824 $17,837,547 City of Eloy $12,725,358 $2,834,505 $15,559,863 City of Bisbee $12,725,620 $115,305 $12,840,925 City of Page $11,177,690 $0 $11,177,690 Town of Fountain Hills $11,055,000 $0 $11,055,000 Town of Payson $10,526,042 $195,263 $10,721,305 Town of Quartzsite $9,256,084 $0 $9,256,084 City of Apache Junction $2,550,000 $6,610,017 $9,160,017 City of South Tucson $7,490,000 $214,613 $7,704,613 Town of Camp Verde $6,939,371 $471,891 $7,411,262 Town of Florence $5,148,169 $1,230,155 $6,378,324 City of Globe $5,788,452 $0 $5,788,452 City of Winslow $4,464,479 $796,497 $5,260,976 Town of Paradise Valley $4,490,000 $744,251 $5,234,251 CITY/TOWN OUTSTANDING BONDS OUTSTANDING LEASES 14 City of Coolidge $3,250,291 $1,438,200 TOTAL OUTSTANDING DEBT $4,688,491 Town of Clarkdale $4,478,199 $0 $4,478,199 City of Benson $4,390,000 $1,681 $4,391,681 City of Litchfield Park $4,095,000 $0 $4,095,000 Town of Taylor $3,932,303 $18,415 $3,950,718 Town of Fredonia $3,668,822 $32,767 $3,701,589 Town of Eagar $3,209,804 $421,030 $3,630,834 City of Willcox $3,428,934 $915 $3,429,849 City of St. Johns $2,127,636 $727,023 $2,854,659 Town of Wickenburg $1,480,900 $681,986 $2,162,886 Town of Parker $2,120,000 $28,894 $2,148,894 Town of Thatcher $1,975,000 $156,453 $2,131,453 City of Holbrook $1,871,000 $0 $1,871,000 Town of Carefree $0 $1,867,983 $1,867,983 Town of Guadalupe $1,715,000 $0 $1,715,000 City of Tombstone $1,259,100 $0 $1,259,100 Town of Springerville $1,200,614 $50,755 $1,251,370 Town of Kearny $760,000 $105,221 $865,221 Town of Patagonia $777,390 $0 $777,390 $0 $719,756 $719,756 $554,964 $0 $554,964 $0 $502,347 $502,347 CITY/TOWN Town of Huachuca City Town of Duncan Town of Pinetop-Lakeside OUTSTANDING BONDS OUTSTANDING LEASES Town of Hayden $446,867 $0 $446,867 Town of Superior $387,860 $12,753 $400,613 $0 $305,601 $305,601 $190,572 $0 $190,572 Town of Wellton $0 $106,719 $106,719 Town of Clifton $0 $0 $0 Town of Dewey – Humboldt Town of Gila Bend $0 $0 $0 $0 $0 $0 Town of Mammoth $0 $0 $0 Town of Miami $0 $0 $0 Town of Pima $0 $0 $0 Town of Star Valley $0 $0 $0 Town of Tusayan $0 $0 $0 Town of Winkelman $0 $0 $0 Town of Youngtown $0 $0 $0 $15,328,046,359 $123,082,345 $15,451,128,704 Town of Colorado City Town of Jerome Total 15 Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2015. However, the year-end balances should reflect any July 1, 2015 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, 2015 was $4.1 billion, or 26.7% of all outstanding debt. General obligation debt was reported by 24 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.” 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 CITY/TOWN City of Avondale City of Casa Grande City of Chandler City of El Mirage City of Flagstaff City of Glendale City of Goodyear City of Lake Havasu City City of Maricopa City of Mesa City of Peoria City of Phoenix City of Prescott City of Scottsdale City of Tempe City of Tolleson City of Tombstone CURRENT CAPACITY $91,178,519 $86,982,143 $619,213,422 $28,342,029 $174,381,033 $298,522,809 $171,493,113 $150,317,621 $54,574,955 $733,504,916 $300,452,734 $2,812,844,888 $137,000,769 $1,345,962,252 $423,207,434 $43,843,737 $3,732,609 16 GO DEBT $24,750,000 $22,740,000 $332,870,000 $25,115,000 $50,360,657 $126,305,000 $97,790,000 $86,244,348 $44,740,000 $337,190,000 $132,660,000 $1,428,096,582 $355,000 $586,910,000 $386,875,000 $29,738,090 $900,000 % OF CAPACITY USED 27.14% 26.14% 53.76% 88.61% 28.88% 42.31% 57.02% 57.37% 81.98% 45.97% 44.15% 50.77% 0.26% 43.61% 91.41% 67.83% 24.11% CITY/TOWN City of Tucson City of Willcox Town of Fountain Hills Town of Gilbert Town of Marana Town of Patagonia Town of Payson CURRENT CAPACITY $814,307,584 $5,510,651 $104,771,141 $475,662,678 $112,090,866 $1,203,713 $42,544,695 GO DEBT $213,495,000 $465,000 $9,175,000 $122,715,000 $6,140,000 $777,390 $1,245,000 % OF CAPACITY USED 26.22% 8.44% 8.76% 25.80% 5.48% 64.58% 2.93% Cities and towns retired $330 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, Mesa, Chandler and Tucson. REVENUE BONDS Total outstanding debt from revenue bonds as of June 30, 2015 was $3.7 billion, or 24.1% of total outstanding debt. Cities retired $177.5 million in principal in the fiscal year. MUNICIPAL PROPERTY CORPORATION DEBT AND SPECIAL ASSESSMENT BONDS Municipal property corporation debt and special assessment bonds totaled $7.3 billion outstanding at the end of FY 2014/15. This represents 47% of total outstanding debt. Cities retired $323.7 million during the fiscal year. CERTIFICATES OF PARTICIPATION Total certificates of participation debt outstanding on June 30, 2015 was $270 million, or 1.7% of total debt for cities and towns. A total of $19.2 million in principal was retired and refunded in the fiscal year. NEW BONDS During FY 2014/15, 36 municipalities issued $2.6 billion; $22.7 million 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, 2015, 52 cities and towns reported outstanding lease purchases of $123 million. The cities and towns with outstanding lease purchases in excess of $7 million, in order of most to least debt, are: Queen Creek, Tucson, Phoenix, Sierra Vista, and Casa Grande. INTEREST Total interest paid on bonds during FY 2014/15 was $707.7 million on $15.33 billion of outstanding principal as of June 30, 2015 and $5.79 billion interest paid to date on 784 bond issues with an original principal of $23.4 billion. PER CAPITA DEBT One method of comparing the level of debt in relation to other cities and towns is per capita debt, dividing total outstanding debt by the population. High per capita debt is neither good nor bad; it is simply a 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. 17 CITY/TOWN City of Apache Junction City of Avondale City of Benson City of Bisbee City of Buckeye City of Bullhead City City of Casa Grande City of Chandler City of Coolidge City of Cottonwood City of Douglas City of El Mirage City of Eloy City of Flagstaff City of Glendale City of Globe City of Goodyear City of Holbrook City of Kingman City of Lake Havasu City City of Litchfield Park City of Maricopa City of Mesa City of Nogales City of Page City of Peoria City of Phoenix City of Prescott City of Safford City of San Luis City of Scottsdale City of Sedona City of Show Low City of Sierra Vista City of Somerton City of South Tucson City of St. Johns City of Surprise City of Tempe City of Tolleson City of Tombstone City of Tucson PER CAPITA PER CAPITA PER CAPITA BOND DEBT LEASE DEBT TOTAL DEBT $68 $176 $243 $848 $0 $848 $873 $0 $874 $2,359 $21 $2,381 $687 $4 $690 $952 $15 $967 $1,863 $159 $2,022 $2,025 $0 $2,025 $270 $120 $390 $5,005 $256 $5,261 $656 $394 $1,050 $1,264 $0 $1,264 $770 $171 $941 $1,503 $72 $1,575 $3,788 $0 $3,788 $769 $0 $769 $3,333 $0 $3,333 $369 $0 $369 $1,559 $3 $1,562 $5,153 $125 $5,277 $695 $0 $695 $958 $0 $958 $3,384 $5 $3,389 $1,542 $235 $1,777 $1,474 $0 $1,474 $1,826 $0 $1,826 $4,195 $7 $4,202 $2,670 $0 $2,670 $2,346 $43 $2,389 $3,972 $4 $3,976 $5,212 $0 $5,212 $4,153 $0 $4,153 $2,205 $101 $2,305 $417 $215 $632 $1,546 $15 $1,561 $1,302 $37 $1,340 $612 $209 $821 $614 $0 $614 $3,647 $29 $3,676 $5,883 $0 $5,883 $937 $0 $937 $2,001 $30 $2,031 18 CITY/TOWN City of Willcox City of Williams City of Winslow City of Yuma Town of Camp Verde Town of Carefree Town of Cave Creek Town of Chino Valley Town of Clarkdale Town of Clifton Town of Colorado City Town of Dewey – Humboldt Town of Duncan Town of Eagar Town of Florence Town of Fountain Hills Town of Fredonia Town of Gila Bend Town of Gilbert Town of Guadalupe Town of Hayden Town of Huachuca City Town of Jerome Town of Kearny Town of Mammoth Town of Marana Town of Miami Town of Oro Valley Town of Paradise Valley Town of Parker Town of Patagonia Town of Payson Town of Pima Town of Pinetop-Lakeside Town of Prescott Valley Town of Quartzsite Town of Queen Creek Town of Sahuarita Town of Snowflake PER CAPITA PER CAPITA PER CAPITA BOND DEBT LEASE DEBT TOTAL DEBT $933 $0 $934 $7,101 $338 $7,438 $462 $82 $544 $2,423 $0 $2,423 $635 $43 $678 $0 $541 $541 $29,703 $0 $29,703 $2,073 $56 $2,129 $1,092 $0 $1,092 $0 $0 $0 $0 $64 $64 $0 $0 $0 $661 $0 $661 $654 $86 $740 $192 $46 $238 $479 $0 $479 $2,771 $25 $2,796 $0 $0 $0 $1,660 $0 $1,660 $282 $0 $282 $676 $0 $676 $0 $398 $398 $429 $0 $429 $382 $53 $435 $0 $0 $0 $1,636 $0 $1,636 $0 $0 $0 $1,201 $6 $1,207 $334 $55 $389 $663 $9 $672 $816 $0 $816 $677 $13 $689 $0 $0 $0 $0 $116 $116 $1,374 $0 $1,374 $2,435 $0 $2,435 $4,515 $643 $5,158 $1,430 $0 $1,430 $891 $0 $891 19 CITY/TOWN Town of Springerville Town of Star Valley Town of Superior Town of Taylor Town of Thatcher Town of Tusayan Town of Wellton Town of Wickenburg Town of Winkelman Town of Youngtown PER CAPITA PER CAPITA PER CAPITA BOND DEBT LEASE DEBT TOTAL DEBT $609 $26 $635 $0 $0 $0 $135 $4 $140 $941 $4 $946 $386 $31 $417 $0 $0 $0 $0 $35 $35 $224 $103 $328 $0 $0 $0 $0 $0 $0 The population measure used to calculate per capita debt is the July 1, 2014 Department of Administration’s estimate. 20 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL City of Apache Junction Revenue 1 3,800,000 Totals for City of Apache Junction 1 3,800,000 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 1,250,000 0 2,550,000 175,000 130,125 1,260,397 1,250,000 0 2,550,000 175,000 130,125 1,260,397 42,320,000 17,570,000 0 24,750,000 1,765,000 1,815,223 13,375,448 46,350,000 21,085,000 12,790,000 13,205,000 0 0 33,560,000 7,880,000 2,010,000 3,185,000 1,605,088 352,013 15,301,779 2,368,293 109,755,000 43,565,000 0 66,190,000 6,960,000 3,772,323 31,045,520 5,240,000 850,000 0 4,390,000 225,000 177,788 847,156 5,240,000 850,000 0 4,390,000 225,000 177,788 847,156 18,617,348 5,891,928 400,000 12,725,620 694,605 355,980 3,763,753 18,617,348 5,891,928 400,000 12,725,620 694,605 355,980 3,763,753 63,753,450 14,878,501 6,450,000 40,368,946 2,056,003 1,231,998 6,215,929 63,753,450 14,878,501 6,450,000 40,368,946 2,056,003 1,231,998 6,215,929 33,165,000 1,230,000 0 0 16,350,000 21,220,000 3,175,000 1,245,000 1,063,428 543,872 13,723,486 942,116 34,395,000 0 37,570,000 4,420,000 1,607,300 14,665,602 30,000,000 7,260,000 0 22,740,000 600,000 1,049,757 7,104,900 Revenue 7 105,702,712 Totals for City of Casa Grande 10 135,702,712 24,099,300 9,660,000 71,943,412 0 3,269,829 22,779,247 31,359,300 9,660,000 94,683,412 600,000 4,319,586 29,884,147 692,800,000 145,390,000 214,540,000 332,870,000 29,345,000 11,194,272 125,719,554 253,685,000 53,735,000 27,615,000 172,335,000 15,500,000 7,785,620 46,200,104 946,485,000 199,125,000 242,155,000 505,205,000 44,845,000 18,979,892 171,919,658 1,910,000 2,197,070 35,000 821,779 0 0 1,875,000 1,375,291 205,000 102,887 68,529 43,671 68,529 405,849 4,107,070 856,779 0 3,250,291 307,887 112,200 474,378 17,445,000 5,075,000 10,040,000 0 20,100,000 36,967,154 10,650,000 840,000 1,446,460 699,875 15,193,233 5,297,918 22,520,000 10,040,000 57,067,154 11,490,000 2,146,335 20,491,151 City of Avondale General Obligation 5 MPC 3 Revenue 3 Totals for City of Avondale 11 City of Benson Revenue 2 Totals for City of Benson 2 City of Bisbee MPC 3 Totals for City of Bisbee 3 City of Buckeye Revenue 11 Totals for City of Buckeye 11 City of Bullhead City MPC 2 49,515,000 Revenue 2 22,450,000 Totals for City of Bullhead City 4 71,965,000 City of Casa Grande General Obligation City of Chandler General Obligation 3 27 Revenue 21 Totals for City of Chandler 48 City of Coolidge COP 1 Revenue 2 Totals for City of Coolidge 3 City of Cottonwood MPC 2 37,545,000 Revenue 3 42,542,154 Totals for City of Cottonwood 5 80,087,154 Page: 21 21,041,197 435,000 20,072,802 2,334,000 142,895,405 9,427,250 70,137,323 24,315,000 66,909,341 20,406,000 476,318,017 323,442,750 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL City of Douglas MPC 1 Revenue 4 Totals for City of Douglas 5 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 4,165,000 14,400,000 4,165,000 3,255,277 0 0 0 11,144,723 470,000 661,634 16,450 211,673 867,706 1,472,206 18,565,000 7,420,277 0 11,144,723 1,131,634 228,123 2,339,912 28,950,000 3,835,000 0 25,115,000 1,005,000 1,410,868 4,869,234 27,839,348 10,285,522 1,142,000 16,411,826 1,267,267 473,756 3,659,011 56,789,348 14,120,522 1,142,000 41,526,826 2,272,267 1,884,624 8,528,245 15,761,315 3,035,957 0 12,725,358 655,253 217,227 1,748,755 15,761,315 3,035,957 0 12,725,358 655,253 217,227 1,748,755 4,960,000 87,706,115 2,290,000 28,580,563 0 8,764,895 2,670,000 50,360,657 485,000 4,731,930 101,445 1,616,951 745,902 13,403,120 MFC 1 4,700,000 RL 7 44,069,951 Revenue 3 22,675,760 Totals for City of Flagstaff 21 164,111,826 3,840,000 11,646,319 4,716,017 0 0 0 860,000 32,423,632 17,959,743 400,000 1,915,315 1,169,863 50,350 646,625 665,150 1,935,970 5,393,118 4,187,651 51,072,899 8,764,895 104,274,032 8,702,108 3,080,521 25,665,761 333,875,000 149,845,000 57,725,000 126,305,000 19,010,000 7,081,743 82,328,691 MPC 13 607,720,000 Revenue 9 595,055,000 Totals for City of Glendale 31 1,536,650,000 26,590,000 91,865,000 140,625,000 188,565,000 440,505,000 314,625,000 2,585,000 18,520,000 21,175,422 14,663,814 147,093,852 123,746,094 268,300,000 386,915,000 881,435,000 40,115,000 42,920,979 353,168,637 10,500,000 1,711,548 3,000,000 5,788,452 286,077 180,686 1,578,788 10,500,000 1,711,548 3,000,000 5,788,452 286,077 180,686 1,578,788 124,690,000 22,110,000 4,790,000 97,790,000 7,235,000 4,490,814 32,445,200 139,610,000 52,209,901 2,564,912 12,443,663 25,150,000 300,000 111,895,088 39,466,238 1,147,288 1,477,770 5,689,396 2,207,414 39,099,408 15,138,092 316,509,901 37,118,575 30,240,000 249,151,326 9,860,058 12,387,624 86,682,699 3,224,000 1,353,000 0 1,871,000 347,000 62,509 224,653 3,224,000 1,353,000 0 1,871,000 347,000 62,509 224,653 53,114,188 13,899,707 13,085,444 9,319,516 0 0 40,028,744 4,580,191 2,420,748 1,288,660 1,481,124 326,112 8,169,888 4,404,533 67,013,895 22,404,960 0 44,608,935 3,709,408 1,807,236 12,574,421 City of El Mirage General Obligation 4 LN 9 Totals for City of El Mirage 13 City of Eloy Rev 8 Totals for City of Eloy 8 City of Flagstaff COP General Obligation City of Glendale General Obligation 1 9 9 City of Globe Revenue 2 Totals for City of Globe 2 City of Goodyear General Obligation 8 MPC 6 Revenue 6 Totals for City of Goodyear 20 City of Holbrook Revenue 1 Totals for City of Holbrook 1 City of Kingman REV 3 SA 4 Totals for City of Kingman 7 Page: 22 6,540,468 4,033,440 40,241,777 68,889,879 39,575,334 220,000 21,801,560 21,081,560 134,139,256 50,360,657 229,632,930 126,305,000 131,917,779 97,570,000 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES City of Lake Havasu City General Obligation ORIGINAL PRINCIPAL 6 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 124,790,759 38,546,411 0 86,244,348 Revenue 11 230,954,151 Totals for City of Lake Havasu City 17 355,744,910 38,959,453 0 77,505,864 6% CAPACITY DEBT INTEREST PAID IN 2015 INTEREST PAID TO DATE 2,888,605 27,780,042 187,834,698 5,730,850 7,139,873 60,426,887 0 274,079,046 10,928,359 10,028,478 88,206,929 0 0 4,095,000 0 0 0 0 0 4,095,000 0 0 0 51,605,000 7,405,000 0 44,740,000 1,610,000 2,140,960 7,865,183 51,605,000 7,405,000 0 44,740,000 1,610,000 2,140,960 7,865,183 16 425,150,000 79,045,000 8,915,000 337,190,000 21,145,000 13,778,532 91,993,746 Revenue 34 SA 2 Totals for City of Mesa 52 1,742,925,000 9,116,840 113,775,000 6,286,840 427,350,000 0 1,201,800,000 2,830,000 28,165,000 744,000 61,094,820 196,950 500,826,435 2,784,496 2,177,191,840 199,106,840 436,265,000 1,541,820,000 50,054,000 75,070,302 595,604,678 8,700,000 27,505,000 0 2,820,000 0 0 8,700,000 24,685,000 0 0 427,015 967,440 3,818,226 3,736,615 36,205,000 2,820,000 0 33,385,000 0 1,394,455 7,554,841 2,710,000 11,730,000 1,582,310 730,000 0 0 1,127,690 10,050,000 181,919 730,000 10,723 458,937 939,660 1,750,469 14,440,000 2,312,310 0 11,177,690 911,919 469,660 2,690,129 238,760,000 106,100,000 0 132,660,000 10,265,000 5,575,257 45,367,340 97,105,000 137,145,886 22,460,000 45,311,549 0 0 74,645,000 91,834,335 2,085,000 9,456,160 3,205,695 3,327,115 20,281,109 23,538,544 473,010,886 173,871,549 0 299,139,335 21,806,160 12,108,067 89,186,992 35,465,000 2,084,170,000 8,990,000 172,813,418 26,475,000 483,260,000 0 1,428,096,582 245,000 67,679,594 916,628 64,689,495 15,177,224 545,538,910 MPC 44 6,599,642,352 Revenue 6 20,808,542 SA 2 185,476 Totals for City of Phoenix 66 8,740,271,370 816,898,009 4,900,506 96,476 906,625,000 0 0 4,876,119,343 15,908,036 89,000 194,060,000 909,709 18,000 243,947,225 499,150 6,762 1,778,446,791 2,532,219 52,620 1,003,698,409 1,416,360,000 6,320,212,961 262,912,303 310,059,260 2,341,747,764 City of Maricopa General Obligation 3 Totals for City of Maricopa 3 City of Mesa General Obligation City of Nogales MPC 1 Revenue 2 Totals for City of Nogales 3 City of Page MPC 1 Revenue 1 Totals for City of Page 2 City of Peoria General Obligation 6 MPC 4 Revenue 11 Totals for City of Peoria 21 City of Phoenix COP General Obligation 1 13 Page: 23 12,594,220 7,790,922 169,270,365 1,225,038 69,335,246 649,118,051 323,260,000 115,628,939 86,174,348 PRINCIPAL PAID IN 2015 5,197,509 City of Litchfield Park Revenue 1 4,095,000 Totals for City of Litchfield Park 1 4,095,000 34,688,682 20% CAPACITY DEBT 41,980,735 36,949,078 564,234,551 335,964,962 231,117,488 132,660,000 2,163,726,837 1,104,836,582 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES City of Prescott 3P General Obligation ORIGINAL PRINCIPAL 9 1 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 1,578,330 1,789,649 8,591,383 0 108,206,031 1,743,330 3,887,088 16,262,253 8,104,999 0 22,835,001 0 417,942 0 30,940,000 8,104,999 0 22,835,001 0 417,942 0 138,105,000 20,380,000 8,365,000 253,033 0 0 111,695,000 20,126,967 2,320,000 0 6,807,235 1,273,987 27,146,753 6,220,347 158,485,000 8,618,033 0 131,821,967 2,320,000 8,081,222 33,367,100 20,000,000 1,126,960,000 8,237,866 211,950,000 0 328,100,000 11,762,134 586,910,000 2,151,421 32,155,000 397,258 22,525,425 2,463,402 241,894,093 MPC 8 257,975,000 Revenue 12 756,415,000 Totals for City of Scottsdale 37 2,161,350,000 23,545,000 120,680,000 131,150,000 161,390,000 103,280,000 474,345,000 6,195,000 17,835,000 5,459,661 20,768,849 40,252,053 184,712,644 364,412,866 620,640,000 1,176,297,134 58,336,421 49,151,193 469,322,192 49,430,000 49,395,000 565,000 11,545,000 34,165,000 10,290,000 14,700,000 27,560,000 0 4,485,000 377,775 1,121,171 14,791,532 10,386,544 98,825,000 12,110,000 44,455,000 42,260,000 4,485,000 1,498,946 25,178,076 29,535,000 5,376,523 0 24,158,477 1,796,280 551,687 4,021,513 29,535,000 5,376,523 0 24,158,477 1,796,280 551,687 4,021,513 14,315,000 0 18,478,000 2,600,000 836,845 6,914,498 14,315,000 0 18,478,000 2,600,000 836,845 6,914,498 6,676,848 22,063,363 493,852 3,152,589 0 100,000 6,182,996 17,770,710 23,139 573,554 180,844 77,016 1,435,202 790,081 28,740,211 3,646,441 100,000 23,953,706 596,693 257,860 2,225,283 415,000 0 7,490,000 145,000 454,313 3,572,271 415,000 0 7,490,000 145,000 454,313 3,572,271 1 16 City of Sedona MPC 2 Revenue 4 Totals for City of Sedona 6 City of Show Low Revenue 8 Totals for City of Show Low 8 42,785,000 7,600,330 0 134,313,998 26,097,967 30,940,000 INTEREST PAID TO DATE 35,174,670 City of Scottsdale COP General Obligation 72,676,361 355,000 INTEREST PAID IN 2015 7,333,469 337,401 City of San Luis MPC 5 Revenue 3 Totals for City of San Luis 8 0 0 PRINCIPAL PAID IN 2015 2,076,639 20,800 City of Safford Revenue 10 Totals for City of Safford 10 17,342,637 1,155,000 20% CAPACITY DEBT 0 165,000 MPC 4 Totals for City of Prescott 14 90,018,998 1,510,000 6% CAPACITY DEBT City of Sierra Vista MPC 2 32,520,000 Totals for City of Sierra Vista 2 32,520,000 City of Somerton MPC 3 REV 9 Totals for City of Somerton 12 City of South Tucson MPC 1 7,905,000 Totals for City of South Tucson 1 7,905,000 Page: 24 31,615,562 310,606,673 54,022,344 105,385,207 355,000 1,035,355,578 532,887,656 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL City of St. Johns Revenue 5 Totals for City of St. Johns 5 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 4,663,045 2,535,409 0 2,127,636 0 72,714 349,210 4,663,045 2,535,409 0 2,127,636 0 72,714 349,210 City of Surprise MPC 2 Revenue 1 Totals for City of Surprise 3 93,535,000 36,665,000 29,160,000 0 25,010,000 0 39,365,000 36,665,000 31,645,000 0 3,053,270 0 38,841,259 0 130,200,000 29,160,000 25,010,000 76,030,000 31,645,000 3,053,270 38,841,259 City of Tempe ETR General Obligation 324,635,000 687,365,000 70,825,000 215,975,000 34,225,000 84,515,000 219,585,000 386,875,000 12,940,000 89,465,000 9,689,963 13,998,115 67,948,316 135,440,373 15,930,302 4,098,021 0 11,832,281 719,273 267,141 1,543,660 1,027,930,302 290,898,021 118,740,000 618,292,281 103,124,273 23,955,220 204,932,350 42,270,000 12,531,910 0 29,738,090 3,422,700 1,279,626 8,509,632 9,100,000 4,000,000 2,030,000 940,650 0 0 7,070,000 3,059,350 360,000 169,785 345,313 106,691 2,285,355 702,421 55,370,000 15,502,560 0 39,867,440 3,952,485 1,731,630 11,497,408 1,000,000 100,000 0 900,000 132,995 32,995 32,995 586,500 249,500 0 359,100 39,160 16,160 405,284 1,586,500 349,500 0 1,259,100 172,155 49,155 438,279 405,835,000 467,870,000 62,810,000 114,575,000 100,660,000 139,800,000 242,365,000 213,495,000 16,115,000 21,310,000 11,481,721 9,589,052 94,050,028 163,057,238 1,143,512,000 5,198,777 212,596,880 4,059,777 328,950,000 0 601,965,120 1,139,000 43,046,640 438,000 25,293,900 70,064 290,786,350 2,336,291 2,022,415,777 394,041,657 569,410,000 1,058,964,120 80,909,640 46,434,737 550,229,907 1,515,000 1,050,000 0 465,000 130,000 25,893 469,398 3,300,000 2,151,700 1,710,000 777,766 0 0 1,590,000 1,373,934 225,000 71,751 83,358 58,939 1,091,835 831,518 6,966,700 3,537,766 0 3,428,934 426,751 168,190 2,392,751 32,443,343 10,224,930 0 22,218,413 1,384,597 524,892 7,567,780 32,443,343 10,224,930 0 22,218,413 1,384,597 524,892 7,567,780 12 20 WIFA 2 Totals for City of Tempe 34 City of Tolleson General Obligation 5 MPC 1 REV 1 Totals for City of Tolleson 7 City of Tombstone General Obligation 1 Revenue 1 Totals for City of Tombstone 2 City of Tucson COP General Obligation 16 21 Revenue 49 SA 11 Totals for City of Tucson 97 City of Willcox General Obligation 2 MPC 1 Revenue 3 Totals for City of Willcox 6 City of Williams Revenue 10 Totals for City of Williams 10 Page: 25 97,663,254 68,275,000 10,117,786 861,371 187,917,135 1,271,689 325,544,180 318,600,000 33,725,952 29,738,090 2,871,238 900,000 626,390,449 213,495,000 4,238,962 465,000 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL City of Winslow REV 4 Totals for City of Winslow 4 City of Yuma 3P 3 MPC 6 Totals for City of Yuma 9 Town of Camp Verde Revenue 3 Totals for Town of Camp Verde 3 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 7,878,750 3,373,273 0 4,464,479 432,924 174,163 3,183,938 7,878,750 3,373,273 0 4,464,479 432,924 174,163 3,183,938 90,414,920 275,885,000 45,361,272 87,105,000 0 0 45,053,648 188,780,000 0 10,316,000 1,754,309 9,545,362 27,550,450 84,578,364 366,299,920 132,466,272 0 233,833,648 10,316,000 11,299,671 112,128,814 7,949,000 1,009,629 0 6,939,371 1,478,706 98,085 943,037 7,949,000 1,009,629 0 6,939,371 1,478,706 98,085 943,037 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,010,000 28,294,135 9,895,000 0 0 0 21,605,000 93,240,865 44,185,000 750,000 4,917,929 1,630,000 1,592,337 4,243,894 3,395,375 10,030,925 23,949,246 21,994,831 44,199,135 0 159,030,865 7,297,929 9,231,606 55,975,001 3,200,916 1,190,000 22,477,755 826,282 858,648 4,772,787 3,200,916 1,190,000 22,477,755 826,282 858,648 4,772,787 665,000 7,086,613 570,000 1,171,453 0 800,000 95,000 4,383,199 35,000 246,209 8,237 143,024 409,978 499,109 7,751,613 1,741,453 800,000 4,478,199 281,209 151,261 909,087 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 800,000 245,036 0 554,964 15,198 29,760 402,754 800,000 245,036 0 554,964 15,198 29,760 402,754 Town of Carefree 0 Totals for Town of Carefree 0 Town of Cave Creek L 5 27,615,000 Revenue 5 121,535,000 SA 1 54,080,000 Totals for Town of Cave Creek 11 203,230,000 Town of Chino Valley Revenue 9 26,868,671 Totals for Town of Chino Valley 9 26,868,671 Town of Clarkdale MPC 1 Revenue 3 Totals for Town of Clarkdale 4 Town of Clifton 0 Totals for Town of Clifton 0 Town of Colorado City 0 Totals for Town of Colorado City 0 Town of Dewey Humboldt 0 Totals for Town of Dewey 0 Town of Duncan Revenue 1 Totals for Town of Duncan 1 Humboldt Page: 26 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL Town of Eagar REV 4 Totals for Town of Eagar 4 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 6,546,000 1,044,054 2,292,142 3,209,804 189,084 138,208 1,102,300 6,546,000 1,044,054 2,292,142 3,209,804 189,084 138,208 1,102,300 Town of Florence Revenue 2 SA 1 Totals for Town of Florence 3 8,800,000 1,525,000 3,933,831 1,243,000 0 0 4,866,169 282,000 454,884 0 127,804 40,392 1,536,070 1,829,083 10,325,000 5,176,831 0 5,148,169 454,884 168,196 3,365,153 Town of Fountain Hills General Obligation 14,790,000 5,615,000 0 9,175,000 390,000 80,000 1,962,925 MPC 2 7,210,000 Totals for Town of Fountain Hills 4 22,000,000 2,550,000 2,780,000 1,880,000 0 111,200 1,839,960 8,165,000 2,780,000 11,055,000 390,000 191,200 3,802,885 4,625,320 956,498 0 3,668,822 51,909 120,951 997,449 4,625,320 956,498 0 3,668,822 51,909 120,951 997,449 0 0 0 0 0 0 0 0 0 0 0 0 0 0 204,201,000 81,486,000 0 122,715,000 12,595,000 5,981,088 62,260,865 349,240,000 53,925,000 15,185,000 108,235,000 4,780,000 6,910,000 30,205,000 0 0 210,800,000 49,145,000 8,275,000 13,410,000 2,750,000 1,135,000 10,268,205 632,550 470,225 97,833,396 2,038,713 5,044,384 622,551,000 201,411,000 30,205,000 390,935,000 29,890,000 17,352,068 167,177,358 7,880,000 2,085,000 4,080,000 1,715,000 210,000 82,800 2,028,477 7,880,000 2,085,000 4,080,000 1,715,000 210,000 82,800 2,028,477 452,000 5,133 0 446,867 5,133 9,276 19,511 452,000 5,133 0 446,867 5,133 9,276 19,511 0 0 0 0 0 0 0 0 0 0 0 0 0 0 300,000 109,428 0 190,572 0 13,288 154,928 300,000 109,428 0 190,572 0 13,288 154,928 2 Town of Fredonia Revenue 5 Totals for Town of Fredonia 5 24,177,956 80,593,185 9,175,000 Town of Gila Bend 0 Totals for Town of Gila Bend 0 Town of Gilbert General Obligation 3 MPC 5 Revenue 2 SA 2 Totals for Town of Gilbert 12 Town of Guadalupe Revenue 3 Totals for Town of Guadalupe 3 Town of Hayden 3P 1 Totals for Town of Hayden 1 109,768,310 365,894,368 122,715,000 Town of Huachuca City 0 Totals for Town of Huachuca City 0 Town of Jerome Revenue 2 Totals for Town of Jerome 2 Page: 27 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL Town of Kearny Revenue 1 Totals for Town of Kearny 1 Town of Marana General Obligation 1 MPC 1 Revenue 2 Totals for Town of Marana 4 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 950,000 190,000 0 760,000 15,000 39,719 811,926 950,000 190,000 0 760,000 15,000 39,719 811,926 6,493,000 353,000 0 6,140,000 353,000 178,449 178,449 39,790,000 36,123,000 14,905,000 1,144,000 0 0 24,885,000 34,979,000 670,000 829,000 1,294,750 1,568,346 11,736,616 3,123,460 82,406,000 16,402,000 0 66,004,000 1,852,000 3,041,545 15,038,525 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,495,000 10,694,065 3,020,000 0 0 0 19,340,000 30,399,568 925,000 920,000 3,242,912 0 917,681 1,035,677 45,918 7,066,354 4,929,006 1,454,611 17,209,065 0 50,664,568 4,162,912 1,999,276 13,449,971 6,565,000 0 4,490,000 0 216,912 1,899,370 6,565,000 0 4,490,000 0 216,912 1,899,370 25,867,123 86,223,743 6,140,000 Town of Miami 0 Totals for Town of Miami 0 Town of Oro Valley MPC 3 22,835,000 Revenue 6 41,093,633 SA 1 3,945,000 Totals for Town of Oro Valley 10 67,873,633 Town of Paradise Valley MPC 1 11,055,000 Totals for Town of Paradise Valley 1 11,055,000 Town of Parker Revenue 3 Totals for Town of Parker 3 2,535,000 220,000 0 2,120,000 263,681 72,622 271,407 2,535,000 220,000 0 2,120,000 263,681 72,622 271,407 Town of Patagonia General Obligation 1,158,235 620,669 0 777,390 5,113 20,357 88,167 1,158,235 620,669 0 777,390 5,113 20,357 88,167 3,555,000 2,310,000 0 1,245,000 280,000 54,094 653,344 12,835,000 860,000 875,000 1,986,765 500,000 395,000 2,407,193 0 0 8,441,042 360,000 480,000 418,426 0 0 228,162 18,550 27,913 609,765 388,680 357,811 18,125,000 5,191,765 2,407,193 10,526,042 698,426 328,719 2,009,600 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 Totals for Town of Patagonia 3 Town of Payson General Obligation 2 Revenue 2 RV* 1 SA 1 Totals for Town of Payson 6 277,780 9,818,007 1,245,000 925,933 777,390 32,726,689 0 Town of Pima 0 Totals for Town of Pima 0 Page: 28 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL Town of Pinetop-Lakeside MPC 1 Totals for Town of Pinetop-Lakeside 1 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,520,000 6,036,411 20,360,000 13,635,000 3,090,000 0 0 33,080,000 6,760,000 2,010,000 11,390,000 8,281,059 29,205,000 6,770,000 0 0 717,309 0 0 0 540,312 296,726 1,350,637 358,800 12,717 4,138,002 6,031,298 15,300,379 6,370,271 3,657,770 47,641,411 41,850,000 55,646,059 717,309 2,559,192 35,497,720 2,505,028 0 9,256,084 371,130 351,035 3,050,772 2,505,028 0 9,256,084 371,130 351,035 3,050,772 6,010,000 28,294,135 9,895,000 0 0 0 6,010,000 93,240,865 44,185,000 0 4,917,929 1,630,000 1,592,337 4,243,894 3,395,375 10,030,925 23,949,246 21,994,831 44,199,135 0 143,435,865 6,547,929 9,231,606 55,975,001 63,371,178 15,943,366 8,125,000 39,302,812 2,473,690 1,557,062 14,799,953 63,371,178 15,943,366 8,125,000 39,302,812 2,473,690 1,557,062 14,799,953 5,660,000 585,000 0 5,075,000 305,000 127,031 485,450 5,660,000 585,000 0 5,075,000 305,000 127,031 485,450 102,604 0 1,200,614 51,953 20 20 102,604 0 1,200,614 51,953 20 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,200,000 500,000 812,140 500,000 0 0 387,860 0 9,583 0 29,370 1,164 1,030,502 40,533 1,700,000 1,312,140 0 387,860 9,583 30,534 1,071,035 5,032,113 1,099,810 0 3,932,303 239,265 90,371 718,492 5,032,113 1,099,810 0 3,932,303 239,265 90,371 718,492 Town of Prescott Valley COP 1 15,910,000 Loan-WIFA 2 14,317,470 MPC 8 82,645,000 Revenue 2 57,165,000 SA 1 5,100,000 Totals for Town of Prescott Valley 14 175,137,470 Town of Quartzsite MPC 4 11,761,112 Totals for Town of Quartzsite 4 11,761,112 Town of Queen Creek L 5 27,615,000 Revenue 5 121,535,000 SA 1 54,080,000 Totals for Town of Queen Creek 11 203,230,000 Town of Sahuarita Revenue 5 Totals for Town of Sahuarita 5 Town of Snowflake Revenue 3 Totals for Town of Snowflake 3 Town of Springerville Revenue 2 1,303,218 Totals for Town of Springerville 2 1,303,218 Town of Star Valley 0 Totals for Town of Star Valley 0 Town of Superior MPC 1 RE 1 Totals for Town of Superior 2 Town of Taylor Revenue 3 Totals for Town of Taylor 3 Page: 29 TABLE 2 CITY/TOWN FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS CITY NAME # OF ISSUES ORIGINAL PRINCIPAL Town of Thatcher Revenue 1 Totals for Town of Thatcher 1 Town of Tusayan BondType 1 Totals for Town of Tusayan 1 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 6% CAPACITY DEBT 20% CAPACITY DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 2,500,000 525,000 0 1,975,000 100,000 93,581 749,428 2,500,000 525,000 0 1,975,000 100,000 93,581 749,428 0 0 0 0 7 0 0 0 0 0 0 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,000,000 1,519,100 0 1,480,900 0 49,656 559,801 3,000,000 1,519,100 0 1,480,900 0 49,656 559,801 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Town of Wellton 0 Totals for Town of Wellton 0 Town of Wickenburg 3P 1 Totals for Town of Wickenburg 1 Town of Winkelman 0 Totals for Town of Winkelman 0 Town of Youngtown 0 Totals for Town of Youngtown 0 General Obligation Revenue COP Other 186 307 21 270 6,823,504,109 5,855,193,808 484,080,000 10,234,869,216 1,426,221,971 890,575,852 86,882,866 1,580,634,953 1,330,409,895 1,186,932,193 127,135,000 1,378,999,142 4,067,652,067 3,743,274,898 270,062,134 7,247,057,259 329,992,842 177,518,503 19,201,421 323,652,156 171,518,371 164,439,827 13,505,893 358,265,468 1,612,676,250 1,364,470,958 116,643,087 2,692,698,030 Grand Total 784 23,397,647,133 3,984,315,643 4,023,476,230 15,328,046,359 850,364,922 707,729,559 5,786,488,324 Page: 30 COMMUNITY COLLEGES As of June 30, 2015, community colleges reported total outstanding debt of $817.2 million (outstanding bonds of $804.00 million and outstanding leases of $13.2 million), an 8.9% decrease from the prior fiscal year. For FY 2014, community colleges reported total outstanding debt of $897.7 million (outstanding bonds of $867.4 million and outstanding leases of $30.2 million). Community college bonded indebtedness can consist of general obligation debt, revenue bonds and certificates of participation. As of June 30, 2015 these types of outstanding debt totaled $804 million for community colleges, a 7.3% decrease from the $867.4 million reported for FY 2014. 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, 2015:  $773.1 million in general obligation debt, reported by five community colleges, and  $30.8 million in revenue bonds, reported by three community colleges. During FY 2014/15, $78.7 million of outstanding principal was retired. 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, 2015, lease purchases totaled $13.2 million for community colleges, a 56% decrease from the $30.2 million reported for FY 2014. Of the 12 community colleges, Arizona Western, Coconino College, Eastern Arizona College, Maricopa College, Pima College, Santa Cruz Provisional College and Yavapai 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 1 Arizona Western 2 Yavapai Cochise Coconino Mohave Northland Pioneer 3 Gila Provisional Eastern Arizona 4 Pima Santa Cruz Provisional Total OUTSTANDING BONDS $593,820,000 $92,145,000 $56,985,000 $43,365,000 $9,860,000 $7,775,000 $0 $0 $0 $0 $0 $0 $803,950,000 OUTSTANDING LEASES $0 $3,023,675 $0 $0 $9,200,000 $0 $949,167 $39,890 $2,001 $0 $0 $0 $13,214,733 TOTAL OUTSTANDING DEBT $593,820,000 $95,168,675 $56,985,000 $43,365,000 $19,060,000 $7,775,000 $949,167 $39,890 $2,001 $0 $0 $0 $817,164,733 Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2015. However, the year-end balances should reflect any July 1, 2015 payments, if the payment amount has been deposited into a dedicated fund for the payment of the principal. 1 Central Arizona Community College serves Pinal County. 2 Arizona Western Community College serves Yuma and La Paz Counties. 3 Northland Pioneer College serves Navajo County. 4 Eastern Arizona Community College serves Graham County. 31 GENERAL OBLIGATION DEBT Total outstanding general obligation debt for Community Colleges as of June 30, 2015 was $773.1 million, or 94.6% 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 $202,547,811 $306,112,476 $230,172,591 $5,261,946,989 $340,108,423 % OF CAPACITY USED DEBT $56,985,000 $85,940,000 $7,775,000 $593,820,000 $28,600,000 28.13% 28.07% 3.38% 11.29% 8.41% REVENUE BONDS Central Arizona, Cochise, 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 2014/15 was $30.8 million, after retiring $6.9 million during the fiscal year. CERTIFICATES OF PARTICIPATION There were no outstanding certificates of participation bonds in FY 2014/15. NEW BONDS During FY 2014/15, Arizona Western and Central Arizona issued $24.35 in new bonds. 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, 2015, five community colleges reported outstanding lease purchases of $13.2 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 2014/15 of $ 33.2 million on $804 million of outstanding principal as of June 30, 2015, and $256.6 million interest paid to date on 23 bond issues with an original principal of $1.4 billion. An additional $.6 million in interest paid during FY 2014/15 was paid on $13.2 million outstanding leases and $9.2 million interest paid to date. 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 $16,753.64 $10,707.41 $9,881.22 $6,709.83 $549.76 $0.00 $0.00 $0.00 $17,303.40 $10,707.41 $9,881.22 $6,709.83 32 Coconino Cochise Mohave Northland Pioneer Gila Provisional $3,702.38 $1,248.10 $0.00 $0.00 $0.00 $0.00 $1,164.56 $296.61 $19.95 $2.11 $3,702.38 $2,412.66 $296.61 $19.95 $2.11 The student population counts used to calculate the per student debt are provided by the Department of Revenue as reported by each Community College for the FY 2014/15 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 PER CAPITA BOND DEBT PER CAPITA LEASE DEBT PER CAPITA TOTAL DEBT Arizona Western Central Arizona $244.34 $232.55 $0.00 $7.63 $244.34 $240.18 Yavapai Maricopa $201.36 $148.13 $0.00 $0.00 $201.36 $148.13 Cochise $76.06 $70.97 $147.04 Coconino Mohave $55.79 $0.00 $4.65 $55.79 $4.65 $0.37 $0.04 $0.37 $0.04 Northland Pioneer Gila Provisional The population measure used to calculate per capita debt is the July 1, 2014 Department of Administration’s estimate. 33 34 This page left blank TABLE 3 COMMUNITY COLLEGE FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COMMUNITY COLLEGE NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 15% DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Arizona Western College General Obligation Totals for Arizona 4 4 119,050,000 119,050,000 16,865,000 16,865,000 45,200,000 45,200,000 56,985,000 56,985,000 202,547,811 56,985,000 2,955,000 2,955,000 2,192,084 2,192,084 27,781,298 27,781,298 Central Arizona Community General Obligation Revenue Totals for Central College 2 98,975,000 2 18,315,000 4 117,290,000 13,035,000 12,110,000 25,145,000 0 0 0 85,940,000 6,205,000 92,145,000 306,112,476 85,940,000 2,740,000 1,610,000 4,350,000 3,816,018 116,894 3,932,912 18,280,457 3,303,299 21,583,756 Cochise County Community College District Revenue 1 10,595,000 Totals for Cochise 1 10,595,000 735,000 735,000 0 0 9,860,000 9,860,000 115,000 115,000 500,875 500,875 3,592,438 3,592,438 Coconino Community College District General Obligation 1 17,135,000 Totals for Coconino 1 17,135,000 9,360,000 9,360,000 0 0 7,775,000 7,775,000 1,690,000 1,690,000 394,312 394,312 2,729,453 2,729,453 0 0 0 0 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 County Community College District General Obligation 7 1,051,775,000 Totals for Maricopa 7 1,051,775,000 388,820,000 388,820,000 69,135,000 69,135,000 593,820,000 593,820,000 60,370,000 60,370,000 24,136,665 24,136,665 192,829,838 192,829,838 4,815,000 4,815,000 4,815,000 4,815,000 0 0 0 0 3,925,000 3,925,000 473,119 473,119 1,837,929 1,837,929 Northland Pioneer College None 0 Totals for Northland 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pima County Community College District None 0 Totals for Pima 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,490,000 560,000 3,675,000 13,725,000 0 0 0 0 28,600,000 4,440,000 10,325,000 43,365,000 4,070,000 285,000 945,000 5,300,000 965,400 115,763 491,756 1,572,919 3,696,271 244,388 2,302,204 6,242,863 Eastern Arizona College None Totals for Eastern 0 0 Gila County Provisional District None 0 Totals for Gila 0 Mohave Community College District Revenue 2 Totals for Mohave 2 Santa Cruz County Provisional Community College District None 0 0 Totals for Santa 0 0 Yavapai College General Obligation Revenue RV-PRO Totals for Yavapai 2 1 1 4 38,090,000 5,000,000 14,000,000 57,090,000 Page: 35 230,172,591 5,261,946,989 340,108,423 7,775,000 593,820,000 28,600,000 TABLE 3 COMMUNITY COLLEGE FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS COMMUNITY COLLEGE NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 15% DEBT PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE General Obligation Revenue 16 7 1,325,025,000 52,725,000 437,570,000 21,895,000 114,335,000 0 773,120,000 30,830,000 71,825,000 6,880,000 31,504,479 1,698,407 245,317,317 11,280,258 Grand Total 23 1,377,750,000 459,465,000 114,335,000 803,950,000 78,705,000 33,202,886 256,597,575 Grand Totals Page: 36 SCHOOL DISTRICTS As of June 30, 2015, school districts reported a total outstanding debt of $4.8 billion (outstanding bonds of $4.5 billion and outstanding leases of $0.3 billion), a 3.5% increase from the prior fiscal year. For FY 2014, school districts reported total outstanding debt of $4.7 billion (outstanding bonds of $4.4 billion and outstanding leases of $0.3 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 221 school districts that reported, 106 had no bonded indebtedness in FY 2014/15. The remaining 115 school districts had outstanding indebtedness of a total of $4.5 billion, a 2.6% increase from the $4.4 billion reported in FY 2013/14: 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, 2015. 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. 3 6 1 1 3 1 1 48 6 9 10 12 1 7 6 115 8 15 7 7 4 4 4 10 7 2 8 7 5 15 3 106 37 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 Yavapai Maricopa Pima Pinal Gila Mohave Navajo Coconino Apache Yuma Cochise Santa Cruz Graham Greenlee La Paz Total OUTSTANDING BONDS $121,510,000 $3,329,379,500 $591,780,000 $197,325,310 $30,345,000 $60,455,235 $48,165,842 $33,900,000 $22,060,000 $53,280,000 $25,009,863 $5,160,000 $2,910,000 $540,000 $515,000 $4,522,335,750 OUTSTANDING LEASES $7,099,862 $205,849,392 $63,028,458 $7,887,354 $906,135 $5,279,827 $8,868,079 $663,364 $1,451,759 $11,775,089 $4,219,514 $3,649,532 $1,201,380 $123,808 $271,659 $322,275,214 TOTAL OUTSTANDING DEBT $128,609,862 $3,535,228,892 $654,808,458 $205,212,664 $31,251,135 $65,735,062 $57,033,922 $34,563,364 $23,511,759 $65,055,089 $29,229,377 $8,809,532 $4,111,380 $663,808 $786,659 $4,844,610,965 BOND DEBT PER STUDENT $5,755 $5,624 $4,793 $4,510 $4,318 $3,044 $2,656 $2,216 $2,104 $1,595 $1,438 $559 $437 $316 $223 $39,587 TOTAL DEBT PER STUDENT $6,091 $5,972 $5,303 $4,690 $4,447 $3,309 $3,145 $2,260 $2,242 $1,948 $1,681 $954 $617 $388 $341 $43,388 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 2014/15 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, 2015. However, the year-end balances should reflect any July 1, 2015 payments if the payment amount has been deposited into a dedicated fund for the payment of the principal. NEW ISSUES During FY 2014/15, 55 Arizona school districts reported issuing $1.32 billion in new bonds; $440.3 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, 2015, lease purchases of $322.3 million, a 27.8% increase compared to the $252.1 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 reported interest paid on bonds during FY 2014/15 of $196.1 million on $4.5 billion of outstanding principal as of June 30, 2015 and $1.6 billion interest paid to date on bonds with an original principal of $8.5 billion. 38 TABLE 4 APACHE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Alpine Elementary District 0 Totals for Alpine Elementary District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 835,000 Chinle Unified School District 0 0 0 Totals for Chinle Unified School District 0 0 0 Concho Elementary School District #6 SA 1 1,260,000 425,000 Totals for Concho Elementary School District #6 1 1,260,000 425,000 Ganado Unified School District #20 IAR 1 14,545,000 14,545,000 Totals for Ganado Unified School District #20 1 14,545,000 14,545,000 McNary Elementary School District #23 0 0 0 Totals for McNary Elementary School District #23 0 0 0 Red Mesa Unified School District #27 0 0 0 Totals for Red Mesa Unified School District #27 0 0 0 Round Valley Unified School District SA 2 10,000,000 4,220,000 Totals for Round Valley Unified School District 2 10,000,000 4,220,000 0 835,000 0 0 0 0 0 0 0 0 0 0 0 0 0 5,780,000 0 0 0 0 0 0 2,869,621 0 0 0 0 0 0 0 0 5,780,000 0 0 0 0 0 835,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70,561,211 0 0 0 0 0 0 0 0 0 0 0 0 0 5,780,000 0 0 0 0 0 0 0 0 0 0 0 0 55,000 55,000 43,150 435,782 1,470,000 73,500 3,951,137 1,470,000 73,500 3,951,137 0 0 0 0 0 0 0 0 0 0 0 0 605,000 605,000 Page: 39 43,150 435,782 273,562 2,270,933 273,562 2,270,933 TABLE 4 APACHE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE Sanders Unified School District #18 0 AMOUNT REFUNDED TO DATE 0 0 Totals for Sanders Unified School District #18 0 0 0 St. Johns Unified School District 0 0 0 Totals for St. Johns Unified School District 0 0 0 Vernon Elementary District #9 0 0 0 Totals for Vernon Elementary District #9 0 0 0 Window Rock Unified District IAR 1 20,350,000 6,800,000 SA 1 3,245,000 1,350,000 Totals for Window Rock Unified District 2 23,595,000 8,150,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 13,550,000 0 1,895,000 0 0 0 0 0 0 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,817,943 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 0 0 0 1,895,000 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,895,000 830,038 3,294,795 131,980 1,236,367 215,000 0 15,445,000 2,110,000 962,018 4,531,162 0 22,060,000 4,240,000 0 22,060,000 4,240,000 1,352,230 11,189,014 1,352,230 11,189,014 Totals for Apache County Other 6 Grand Totals 6 49,400,000 27,340,000 49,400,000 27,340,000 Page: 40 TABLE 5 COCHISE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Apache Elementary School 0 Totals for Apache Elementary School 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,760,000 Ash Creek Elementary School District #53 0 0 0 Totals for Ash Creek Elementary School District #53 0 0 0 Benson Unified School District General Obligation 2 9,360,000 3,600,000 Totals for Benson Unified School District 2 9,360,000 3,600,000 0 5,760,000 0 0 0 0 0 0 0 0 0 0 Totals for Bowie Unified School 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 14,033,930 0 0 0 0 0 5,760,000 0 0 0 0 0 0 0 0 0 0 0 0 465,000 129,753 1,824,740 465,000 129,753 1,824,740 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Bisbee Unified District 0 Totals for Bisbee Unified District 0 Bowie Unified School District 0 Cochise Elementary School District #26 0 0 0 Totals for Cochise Elementary School District #26 0 0 0 Double Adobe Elementary School #45 0 0 0 Totals for Double Adobe Elementary School #45 0 0 0 0 0 0 0 0 0 0 0 Page: 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 TABLE 5 COCHISE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES Douglas Unified District General Obligation PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE 1 7,430,000 1,465,000 Totals for Douglas Unified District 1 7,430,000 1,465,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 5,965,000 0 5,965,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 13,628,270 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 5,965,000 INTEREST: PAID IN 2015 PAID TO DATE 330,000 136,081 1,402,513 330,000 136,081 1,402,513 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Elfrida Elementary District 1 0 0 Totals for Elfrida Elementary District 1 0 0 Fort Huachuca Accommodation Schools 0 0 0 Totals for Fort Huachuca Accommodation Schools 0 0 0 McNeal Elementary School District #55 0 0 0 Totals for McNeal Elementary School District #55 0 0 0 Naco Elementary School District #23 0 0 0 Totals for Naco Elementary School District #23 0 0 0 Palominas Elementary School District #49 0 0 0 Totals for Palominas Elementary School District #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 Pearce Elementary District 0 Totals for Pearce Elementary District 0 0 0 Page: 42 0 0 0 0 0 0 TABLE 5 COCHISE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE Pomerene Elementary District 0 AMOUNT REFUNDED TO DATE 0 0 Totals for Pomerene Elementary District 0 0 0 San Simon Unified School District 0 0 0 Totals for San Simon Unified School District 0 0 0 Sierra Vista Unified School District #68 1 0 0 Totals for Sierra Vista Unified School District #68 1 0 0 St. David Unified School District General Obligation 1 1,230,000 805,000 Totals for St. David Unified School District 1 1,230,000 805,000 Tombstone Unified School District #1 Bond 1 3,100,000 47,515 Totals for Tombstone Unified School District #1 1 3,100,000 47,515 Valley Union High School District #22 General Obligation 1 1,300,000 1,195,000 Totals for Valley Union High School District #22 1 1,300,000 1,195,000 Willcox Unified School District #13 General Obligation 2 12,300,000 1,100,000 Totals for Willcox Unified School District #13 2 12,300,000 1,100,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 425,000 0 425,000 0 1,554,863 0 1,554,863 0 105,000 0 105,000 0 11,200,000 0 11,200,000 0 0 0 0 0 0 0 0 0 0 0 5,837,500 0 0 Page: 43 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 105,000 0 0 0 0 0 0 0 0 9,558,342 0 0 0 0 0 0 12,529,616 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 425,000 0 0 0 0 0 0 11,200,000 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 205,000 8,939 71,925 205,000 8,939 71,925 0 0 703,824 0 0 703,824 100,000 6,509 992,232 100,000 6,509 992,232 630,000 449,002 890,700 630,000 449,002 890,700 TABLE 5 COCHISE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Totals for Cochise County General Oblication 7 Other 3 Grand Totals 10 31,620,000 8,165,000 3,100,000 47,515 34,720,000 8,212,515 0 23,455,000 1,730,000 0 1,554,863 0 0 25,009,863 1,730,000 Page: 44 730,284 5,182,110 0 703,824 730,284 5,885,934 TABLE 6 COCONINO COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Chevelon Butte School District #5 0 0 0 Totals for Chevelon Butte School District #5 0 0 0 Flagstaff Unified School District #1 General Obligation 3 53,700,000 19,800,000 Totals for Flagstaff Unified School District #1 3 53,700,000 19,800,000 District #6 0 0 Totals for Fredonia-Moccasin Unified School 0 0 0 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 33,900,000 0 33,900,000 0 0 District #6 0 0 Fredonia-Moccasin Unified School 0 Grand Canyon Unified School District 34 0 0 0 Totals for Grand Canyon Unified School District 34 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Maine Consolidated School District #10 0 0 0 Totals for Maine Consolidated School District #10 0 0 0 Page Unified School District #8 IAR 1 15,525,000 15,525,000 Totals for Page Unified School District #8 1 15,525,000 15,525,000 0 0 0 0 0 0 0 0 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 208,243,840 0 0 0 0 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 33,900,000 0 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 5,250,000 1,194,500 8,111,021 5,250,000 1,194,500 8,111,021 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,305,000 430,075 5,609,210 5,305,000 430,075 5,609,210 0 0 0 0 0 0 Tuba City Unified District 0 Totals for Tuba City Unified District 0 0 0 Page: 45 0 0 0 0 0 0 TABLE 6 COCONINO COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE Williams Unified School District #2 0 AMOUNT REFUNDED TO DATE 0 0 Totals for Williams Unified School District #2 0 0 0 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 0 0 33,900,000 5,250,000 0 0 5,305,000 0 33,900,000 10,555,000 1,194,500 8,111,021 430,075 5,609,210 1,624,575 13,720,231 Totals for Coconino County General Oblication 3 Other 1 Grand Totals 4 53,700,000 19,800,000 15,525,000 15,525,000 69,225,000 35,325,000 Page: 46 TABLE 7 GILA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Globe Unified School District #1 0 0 0 Totals for Globe Unified School District #1 0 0 0 OUTSTANDING PRINCIPAL 0 0 0 0 Hayden-Winkelman Unified School District #41 0 0 0 0 Totals for Hayden-Winkelman Unified School District #41 0 0 0 0 Miami Unified School District #40 0 0 0 Totals for Miami Unified School District #40 0 0 0 Payson Unified School District General Obligation 3 61,610,000 3,500,000 Totals for Payson Unified School District 3 61,610,000 3,500,000 Pine Strawberry Elementary District 0 15% CAPACITY 10% CAPACITY 0 0 0 0 27,765,000 30,345,000 0 0 Totals for Pine Strawberry Elementary District 0 0 0 0 0 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 27,765,000 0 0 15% DEBT 10% DEBT 0 0 0 0 0 0 0 0 0 0 0 45,893,758 0 0 0 30,345,000 30,345,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,870,000 1,555,712 13,069,068 1,870,000 1,555,712 13,069,068 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 San Carlos Unified District 0 0 0 Totals for San Carlos Unified District 0 0 0 Tonto Basin School District #33 0 0 0 Totals for Tonto Basin School District #33 0 0 0 0 0 0 0 Page: 47 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 7 GILA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE Young Elementary School District #1 1 AMOUNT REFUNDED TO DATE 0 0 Totals for Young Elementary School District #1 1 0 0 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 0 27,765,000 30,345,000 1,870,000 0 0 0 27,765,000 30,345,000 1,870,000 1,555,712 13,069,068 0 0 1,555,712 13,069,068 Totals for Gila County General Oblication 3 Other 1 Grand Totals 4 61,610,000 3,500,000 0 0 61,610,000 3,500,000 Page: 48 TABLE 8 GRAHAM COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Bonita School District #16 1 Totals for Bonita School District #16 1 Fort Thomas Unified District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 395,000 Totals for Fort Thomas Unified District 0 0 0 Klondyke Elementary District 0 0 0 Totals for Klondyke Elementary District 0 0 0 Pima Unified School District General Obligation 1 1,170,000 775,000 Totals for Pima Unified School District 1 1,170,000 775,000 Safford Unified School District #1 General Obligation 1 5,000,000 4,620,000 Totals for Safford Unified School District #1 1 5,000,000 4,620,000 0 395,000 0 380,000 0 380,000 0 0 0 0 0 2,135,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,846,797 0 0 0 0 0 0 0 395,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 130,000 130,000 0 0 0 0 0 24,578,378 0 380,000 995,000 39,575 319,375 39,575 319,375 54,050 1,465,316 995,000 54,050 1,465,316 0 0 0 0 0 0 Solomon Elementary District 0 0 0 Totals for Solomon Elementary District 0 0 0 Thatcher Unified School District #4 General Obligation 1 3,700,000 1,565,000 Totals for Thatcher Unified School District #4 1 3,700,000 1,565,000 0 0 0 0 0 2,135,000 0 0 0 0 0 0 0 7,414,175 0 0 0 2,135,000 815,000 815,000 Page: 49 128,025 187,619 128,025 187,619 TABLE 8 GRAHAM COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Totals for Graham County General Oblication 3 Other 1 Grand Totals 4 9,870,000 6,960,000 0 0 9,870,000 6,960,000 0 2,910,000 1,940,000 0 0 0 0 2,910,000 1,940,000 Page: 50 221,650 1,972,310 0 0 221,650 1,972,310 TABLE 9 GREENLEE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Blue Elementary District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,425,000 2,885,000 Totals for Duncan Unified Schools 1 3,425,000 2,885,000 0 540,000 0 540,000 0 0 0 0 0 0 0 0 0 0 0 Totals for Blue Elementary District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 269,750 39,500 2,088,849 269,750 39,500 2,088,849 0 0 0 0 0 0 0 0 0 0 0 0 0 0 540,000 269,750 0 540,000 269,750 39,500 2,088,849 39,500 2,088,849 Clifton Unified School 0 Totals for Clifton Unified School 0 Duncan Unified Schools General Obligation 1 0 0 0 0 0 0 0 0 0 0 3,874,889 0 0 0 540,000 0 Eagle Elementary District 0 Totals for Eagle Elementary District 0 Morenci Unified School District #18 0 0 0 Totals for Morenci Unified School District #18 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Totals for Greenlee County General Oblication 1 Grand Totals 1 3,425,000 2,885,000 3,425,000 2,885,000 Page: 51 TABLE 10 LA PAZ COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Bicentennial Union High School District #76 2 1 2,670,000 0 2,155,000 Totals for Bicentennial Union High School District #76 1 2,670,000 0 2,155,000 Bouse Elementary School District #26 0 0 0 Totals for Bouse Elementary School District #26 0 0 0 Parker Unified School District #27 0 0 0 Totals for Parker Unified School District #27 0 0 0 0 0 Totals for Wenden Elementary School District #19 0 0 0 515,000 18,989,581 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 515,000 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 515,000 0 0 0 0 0 0 0 0 Salome Consolidated Elementary School District #30 0 0 0 0 Totals for Salome Consolidated Elementary School District #30 0 0 0 0 Wenden Elementary School District #19 0 15% CAPACITY 10% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 182,279 0 0 182,279 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 515,000 182,279 0 515,000 182,279 0 0 0 0 Totals for La Paz County Other 1 Grand Totals 1 2,670,000 2,155,000 2,670,000 2,155,000 Page: 52 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Agua Fria Union High School District #216 General Obligation 9 109,505,000 18,610,000 39,040,000 Totals for Agua Fria Union High School District #216 9 109,505,000 18,610,000 39,040,000 Aguila Elementary District #63 0 0 0 Totals for Aguila Elementary District #63 0 0 0 Alhambra Elementary District #68 General Obligation 1 1,385,000 1,035,000 Totals for Alhambra Elementary District #68 1 1,385,000 1,035,000 Arlington School District #47 General Obligation 2 4,265,000 2,265,000 Totals for Arlington School District #47 2 4,265,000 2,265,000 2 21,000,000 4,905,000 Totals for Balsz School District #31 2 21,000,000 4,905,000 51,855,000 0 0 0 350,000 0 350,000 0 0 2,000,000 0 0 0 Buckeye Elementary School District #33 General Obligation 7 29,715,000 2,575,000 10,430,000 Totals for Buckeye Elementary School District #33 7 29,715,000 2,575,000 10,430,000 146,288,126 97,525,418 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 2,175,000 49,680,000 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 51,855,000 0 Avondale Elementary School District #44 General Obligation 6 38,955,000 375,000 7,755,000 Totals for Avondale Elementary School District #44 6 38,955,000 375,000 7,755,000 Balsz School District #31 General Obligation 15% CAPACITY 10% CAPACITY 0 0 40,936,326 0 0 32,547,537 0 0 0 0 0 2,000,000 0 0 0 0 0 0 0 0 0 0 0 0 2,000,000 30,825,000 0 32,247,912 0 30,825,000 0 0 0 0 1,991,931 20,089,543 6,415,000 1,991,931 20,089,543 0 0 0 0 0 0 80,000 1,810,000 10,990,000 80,000 1,810,000 10,990,000 275,000 2,900,000 2,900,000 0 26,975,158 0 16,095,000 0 0 0 0 16,095,000 16,710,000 2,250,000 4,165,000 275,000 30,825,000 16,095,000 INTEREST: PAID IN 2015 PAID TO DATE 2,250,000 2,250,000 0 17,747,426 16,710,000 0 16,710,000 0 0 0 0 1,085,000 1,085,000 Page: 53 60,862 134,112 60,862 134,112 1,286,889 9,099,864 1,286,889 9,099,864 567,972 1,311,391 567,972 1,311,391 766,986 5,593,932 766,986 5,593,932 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Buckeye Union High School District #201 General Obligation 11 127,395,000 21,690,000 37,330,000 Totals for Buckeye Union High School District #201 11 127,395,000 21,690,000 37,330,000 Cartwright School District #83 General Obligation 4 27,815,000 2,565,000 Totals for Cartwright School District #83 4 27,815,000 2,565,000 0 0 Cave Creek Unified School District #93 General Obligation 4 51,125,000 11,125,000 7,715,000 Totals for Cave Creek Unified School District #93 4 51,125,000 11,125,000 7,715,000 Chandler Unified School District #80 General Obligation 12 357,085,000 86,740,000 74,075,000 Totals for Chandler Unified School District #80 12 357,085,000 86,740,000 74,075,000 Creighton Elementary District General Obligation 2 44,000,000 16,625,000 Totals for Creighton Elementary District 2 44,000,000 16,625,000 0 0 Deer Valley Unified School District #97 General Obligation 11 271,000,000 17,250,000 73,590,000 Totals for Deer Valley Unified School District #97 11 271,000,000 17,250,000 73,590,000 Dysart Unified School District #89 General Obligation 12 287,515,000 91,435,000 35,753,000 Totals for Dysart Unified School District #89 12 287,515,000 91,435,000 35,753,000 68,375,000 15% CAPACITY 10% CAPACITY 0 72,010,136 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 68,375,000 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 68,375,000 25,250,000 0 26,853,000 * 0 25,250,000 0 0 0 0 25,250,000 0 2,166,641 17,431,254 0 2,166,641 17,431,254 1,075,000 1,075,000 32,285,000 0 0 0 0 0 337,061,171 0 32,285,000 32,285,000 1,465,000 1,465,000 196,270,000 0 0 0 0 671,528,718 447,685,812 21,940,000 174,330,000 196,270,000 27,375,000 INTEREST: PAID IN 2015 PAID TO DATE 19,590,000 19,590,000 0 37,084,389 0 27,375,000 0 0 0 0 27,375,000 4,125,000 4,125,000 180,160,000 0 0 0 0 0 440,598,802 0 180,160,000 180,160,000 26,365,000 26,365,000 160,327,000 0 0 160,327,000 0 0 339,527,421 226,351,614 9,710,000 150,617,000 7,278,000 7,278,000 * Value based on per pupil calculation. Page: 54 1,165,057 3,763,018 1,165,057 3,763,018 766,970 6,701,290 766,970 6,701,290 7,257,283 49,976,203 7,257,283 49,976,203 846,047 3,547,563 846,047 3,547,563 6,901,767 50,228,268 6,901,767 50,228,268 7,130,485 60,491,692 7,130,485 60,491,692 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE East Valley Institute of Technology 1 0 0 Totals for East Valley Institute of Technology 1 0 0 Fountain Hills Unified School District General Obligation 4 20,000,000 5,790,000 Totals for Fountain Hills Unified School District 4 20,000,000 5,790,000 Fowler Elementary School District #45 General Obligation 7 28,140,000 20,090,000 Totals for Fowler Elementary School District #45 7 28,140,000 20,090,000 Gila Bend Unified District General Obligation 2 5,300,000 3,140,000 Totals for Gila Bend Unified District 2 5,300,000 3,140,000 Gilbert Unified School District General Obligation 8 233,660,000 102,405,000 Totals for Gilbert Unified School District 8 233,660,000 102,405,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 14,210,000 0 14,210,000 0 8,050,000 0 8,050,000 0 2,160,000 0 2,160,000 29,710,000 101,545,000 29,710,000 Glendale Elementary School District #40 General Obligation 5 43,810,000 24,420,000 Totals for Glendale Elementary School District #40 5 43,810,000 24,420,000 0 0 Glendale Union High School District #205 General Obligation 11 235,065,000 51,450,000 80,650,000 Totals for Glendale Union High School District #205 11 235,065,000 51,450,000 80,650,000 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 83,857,606 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 14,210,000 0 25,393,038 0 8,050,000 0 0 0 0 0 0 0 0 0 1,265,000 1,150,000 1,150,000 0 0 0 0 0 30,333,905 0 2,160,000 385,000 385,000 0 0 0 0 0 319,244,562 0 101,545,000 15,135,000 15,135,000 0 26,100,852 0 19,390,000 0 0 0 0 19,390,000 102,965,000 0 1,265,000 101,545,000 19,390,000 INTEREST: PAID IN 2015 PAID TO DATE 1,650,000 1,650,000 210,464,677 140,309,785 102,965,000 8,595,000 94,370,000 0 0 0 0 15,460,000 15,460,000 Page: 55 464,340 2,753,685 464,340 2,753,685 245,231 4,374,582 245,231 4,374,582 129,386 1,871,457 129,386 1,871,457 4,450,424 50,971,290 4,450,424 50,971,290 772,472 5,960,735 772,472 5,960,735 3,400,705 45,221,394 3,400,705 45,221,394 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Higley Unified School District #60 General Obligation 12 171,060,000 49,850,000 22,705,000 Totals for Higley Unified School District #60 12 171,060,000 49,850,000 22,705,000 15% CAPACITY 10% CAPACITY 98,505,000 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 100,897,642 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 98,505,000 98,505,000 INTEREST: PAID IN 2015 PAID TO DATE 5,085,000 3,401,296 20,185,318 5,085,000 3,401,296 20,185,318 0 0 0 0 0 0 1,900,000 7,145,000 6,597,354 36,198,278 9,045,000 6,597,354 36,198,278 Isaac School District #5 0 0 0 0 0 0 0 0 0 261,475,000 45,885,000 Totals for Kyrene School District #28 10 261,475,000 45,885,000 46,915,000 168,675,000 46,915,000 168,675,000 Totals for Isaac School District #5 0 Kyrene School District #28 General Obligation 10 Laveen Elementary School District #59 General Obligation 5 28,525,000 11,650,000 Totals for Laveen Elementary School District #59 5 28,525,000 11,650,000 Liberty Elementary School District #25 General Obligation 4 25,500,000 7,245,000 Totals for Liberty Elementary School District #25 4 25,500,000 7,245,000 Litchfield Elementary School District #79 General Obligation 5 56,500,000 14,025,000 Totals for Litchfield Elementary School District #79 5 56,500,000 14,025,000 0 16,875,000 0 16,875,000 0 18,255,000 0 18,255,000 0 42,475,000 0 Littleton Elementary School District #65 General Obligation 6 36,520,000 2,020,000 12,245,000 Totals for Littleton Elementary School District #65 6 36,520,000 2,020,000 12,245,000 0 0 266,926,705 177,951,136 0 18,175,825 0 0 26,475,000 142,200,000 0 16,875,000 0 0 0 0 0 0 0 0 0 0 0 0 1,300,000 0 19,537,415 0 18,255,000 0 0 0 0 1,315,000 1,315,000 0 65,277,505 0 42,475,000 0 0 0 0 42,475,000 22,255,000 1,300,000 3,200,000 3,200,000 0 22,259,899 22,255,000 0 22,255,000 0 0 0 0 1,450,000 1,450,000 Page: 56 623,893 4,679,066 623,893 4,679,066 700,743 3,608,988 700,743 3,608,988 1,599,235 9,489,126 1,599,235 9,489,126 785,958 5,605,563 785,958 5,605,563 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE Madison School District #38 General Obligation 9 160,505,000 59,310,000 Totals for Madison School District #38 9 160,505,000 59,310,000 AMOUNT REFUNDED TO DATE 19,700,000 19,700,000 Maricopa County Regional School District 0 0 0 Totals for Maricopa County Regional School District 0 0 0 Mesa Unified School District #4 General Obligation 9 339,500,000 83,190,000 Totals for Mesa Unified School District #4 9 339,500,000 83,190,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 81,495,000 0 0 0 45,000,000 211,310,000 Mobile Elementary School District #86 0 0 0 Totals for Mobile Elementary School District #86 0 0 0 Morristown Elementary School District #75 0 0 0 Totals for Morristown Elementary School District #75 0 0 0 Murphy Elementary School District #21 General Obligation 5 13,000,000 5,295,000 Totals for Murphy Elementary School District #21 5 13,000,000 5,295,000 Nadaburg Unified School District #81 General Obligation 1 2,000,000 1,140,000 Totals for Nadaburg Unified School District #81 1 2,000,000 1,140,000 0 81,495,000 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 0 0 0 0 0 0 0 534,307,470 0 0 0 211,310,000 211,310,000 0 0 0 0 0 0 0 0 0 7,705,000 0 7,705,000 0 860,000 0 30% CAPACITY 20% CAPACITY 81,495,000 0 45,000,000 0 84,963,807 15% DEBT 10% DEBT 0 0 0 0 0 9,199,633 0 0 0 0 0 7,705,000 0 0 0 0 0 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 8,425,000 8,425,000 2,681,593 35,755,713 0 0 0 0 0 0 32,140,000 860,000 0 860,000 0 0 0 0 8,907,288 58,366,140 0 0 0 0 0 0 0 0 0 0 0 0 735,000 150,000 150,000 Page: 57 8,907,288 58,366,140 32,140,000 735,000 0 5,239,973 2,681,593 35,755,713 400,292 3,077,602 400,292 3,077,602 40,612 590,218 40,612 590,218 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES Osborn School District #8 General Obligation PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE 3 45,675,000 17,970,000 Totals for Osborn School District #8 3 45,675,000 17,970,000 Palo Verde Elementary District General Obligation 1 1,500,000 1,200,000 Totals for Palo Verde Elementary District 1 1,500,000 1,200,000 Paloma Elementary School District #94 0 0 0 Totals for Paloma Elementary School District #94 0 0 0 OUTSTANDING PRINCIPAL 0 27,705,000 0 27,705,000 0 300,000 0 300,000 0 0 0 0 Paradise Valley Unified School District #69 General Obligation 22 670,445,000 112,660,000 268,425,000 Totals for Paradise Valley Unified School District #69 22 670,445,000 112,660,000 268,425,000 Pendergast Elementary School District #92 General Obligation 7 41,245,000 19,535,000 Totals for Pendergast Elementary School District #92 7 41,245,000 19,535,000 15% CAPACITY 10% CAPACITY 0 0 Peoria Unified School District #11 General Obligation 16 528,535,000 149,080,000 152,485,000 Totals for Peoria Unified School District #11 16 528,535,000 149,080,000 152,485,000 Phoenix Elementary School District #1 General Obligation 6 80,210,000 10,880,000 25,385,000 Totals for Phoenix Elementary School District #1 6 80,210,000 10,880,000 25,385,000 0 40,188,977 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 27,705,000 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 2,177,758 0 0 0 0 0 300,000 0 0 0 0 0 0 0 0 891,242,295 594,161,530 0 0 0 0 27,915,000 261,445,000 289,360,000 0 27,130,976 0 21,710,000 0 0 0 0 21,710,000 226,970,000 0 0 0 0 441,364,006 294,242,670 37,210,000 189,760,000 226,970,000 43,945,000 2,995,000 2,995,000 289,360,000 21,710,000 INTEREST: PAID IN 2015 PAID TO DATE 94,988,820 63,325,880 43,945,000 10,880,000 33,065,000 0 0 0 0 140,000 1,460,366 19,096,925 18,500 340,375 140,000 18,500 340,375 0 0 0 0 0 0 605,000 40,605,000 11,034,922 135,696,109 41,210,000 11,034,922 135,696,109 5,420,000 767,344 1,799,769 5,420,000 767,344 1,799,769 1,600,000 17,715,000 7,794,229 65,376,429 19,315,000 7,794,229 65,376,429 7,580,000 7,580,000 Page: 58 1,460,366 19,096,925 1,883,785 12,056,560 1,883,785 12,056,560 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Phoenix Union High School District General Obligation 11 546,435,000 122,550,000 141,090,000 Totals for Phoenix Union High School District 11 546,435,000 122,550,000 141,090,000 Queen Creek Unified School District #95 0 0 0 Totals for Queen Creek Unified School District #95 0 0 0 Riverside School District #2 General Obligation 10 51,930,000 20,895,000 Totals for Riverside School District #2 10 51,930,000 20,895,000 Roosevelt School District #66 General Obligation 5 85,280,000 25,530,000 Totals for Roosevelt School District #66 5 85,280,000 25,530,000 0 0 4,405,000 26,630,000 4,405,000 26,630,000 0 59,750,000 0 Totals for Sentinel School District #71 0 0 0 655,809,319 437,206,213 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 12,625,000 270,170,000 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 282,795,000 0 Scottsdale Unified School District #48 General Obligation 9 542,535,000 166,030,000 151,362,500 Totals for Scottsdale Unified School District #48 9 542,535,000 166,030,000 151,362,500 0 0 282,795,000 0 Saddle Mountain Unified School District #90 General Obligation 5 57,650,000 5,650,000 29,540,000 Totals for Saddle Mountain Unified School District #90 5 57,650,000 5,650,000 29,540,000 Sentinel School District #71 0 15% CAPACITY 10% CAPACITY 0 0 0 34,590,163 0 0 0 26,630,000 0 0 0 0 0 0 0 0 79,506,507 53,004,338 7,780,000 51,970,000 0 0 0 0 0 0 0 0 0 162,568,967 0 22,460,000 22,460,000 0 0 0 0 0 911,263,888 0 225,142,500 225,142,500 0 26,710,000 10,417,439 102,415,086 0 0 0 0 0 0 5,250,000 4,220,000 2,540,000 2,540,000 225,142,500 0 10,417,439 102,415,086 4,220,000 22,460,000 0 6,300,000 20,410,000 5,250,000 59,750,000 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 Page: 59 0 0 0 0 0 0 17,320,000 1,259,053 6,396,967 1,259,053 6,396,967 2,826,856 19,330,541 2,826,856 19,330,541 989,330 8,152,573 989,330 8,152,573 11,366,134 107,306,946 17,320,000 11,366,134 107,306,946 0 0 0 0 0 0 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE Tempe Elementary School District General Obligation 9 170,717,000 41,235,000 Totals for Tempe Elementary School District 9 170,717,000 41,235,000 AMOUNT REFUNDED TO DATE 39,500,000 78,831,000 39,500,000 78,831,000 Tempe Union High School District #213 General Obligation 5 136,605,000 36,105,000 Totals for Tempe Union High School District #213 5 136,605,000 36,105,000 Tolleson Elementary School District #17 General Obligation 3 12,550,000 4,720,000 Totals for Tolleson Elementary School District #17 3 12,550,000 4,720,000 Tolleson Union High School District #214 General Obligation 9 101,560,000 65,760,000 Totals for Tolleson Union High School District #214 9 101,560,000 65,760,000 Union Elementary District General Obligation 1 2,540,000 715,000 Totals for Union Elementary District 1 2,540,000 715,000 OUTSTANDING PRINCIPAL 0 0 100,500,000 0 7,830,000 0 7,830,000 0 35,800,000 0 35,800,000 0 1,825,000 0 Washington Elementary School District #6 General Obligation 10 169,130,000 15,175,000 86,355,000 Totals for Washington Elementary School District #6 10 169,130,000 15,175,000 86,355,000 West-Mec School District General Obligation 3 74,900,000 1,905,000 Totals for West-Mec School District 3 74,900,000 1,905,000 100,500,000 0 0 15% CAPACITY 10% CAPACITY 193,692,526 129,128,350 0 307,079,487 15% DEBT 10% DEBT 3,920,000 74,911,000 0 100,500,000 30% CAPACITY 20% CAPACITY 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 7,830,000 0 0 0 0 0 94,590,522 0 35,800,000 0 0 0 0 11,625,000 4,114,508 38,794,557 4,500,000 960,000 7,500,000 7,500,000 0 4,847,049 0 1,825,000 0 0 0 0 171,313,399 114,208,933 18,175,000 49,425,000 0 0 0 0 67,600,000 72,995,000 4,114,508 38,794,557 960,000 1,825,000 67,600,000 11,625,000 4,500,000 0 14,959,560 0 128,038,987 72,995,000 0 72,995,000 0 0 0 0 240,000 3,725,195 23,850,217 3,725,195 23,850,217 351,128 2,664,561 351,128 2,664,561 1,371,250 20,896,735 1,371,250 20,896,735 53,124 144,865 240,000 53,124 144,865 8,935,000 4,375,000 2,743,395 49,449,826 13,310,000 2,743,395 49,449,826 950,000 950,000 Page: 60 INTEREST: PAID IN 2015 PAID TO DATE 2,243,724 3,116,762 2,243,724 3,116,762 TABLE 11 MARICOPA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Wickenburg Unified School District General Obligation 6 24,935,000 12,431,000 Totals for Wickenburg Unified School District 6 24,935,000 12,431,000 Wilson Elementary District General Obligation 4 13,600,000 7,795,000 Totals for Wilson Elementary District 4 13,600,000 7,795,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 5,335,000 7,169,000 5,335,000 7,169,000 0 5,805,000 0 0 0 8,115,881 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 5,805,000 44,239,823 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 7,169,000 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 1,967,000 264,169 3,637,859 1,967,000 264,169 3,637,859 380,000 250,667 2,044,904 0 5,805,000 380,000 250,667 2,044,904 1,126,060,000 3,329,379,500 344,925,000 0 0 0 1,126,060,000 3,329,379,500 344,925,000 132,854,830 1,150,635,851 0 0 132,854,830 1,150,635,851 Totals for Maricopa County General Oblication Other Grand Totals 331 1 332 6,389,297,000 1,922,706,500 0 0 6,389,297,000 1,922,706,500 Page: 61 TABLE 12 MOHAVE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Bullhead City Elementary School District #15 1 0 0 0 Totals for Bullhead City Elementary School District #15 1 0 0 0 Colorado City Unified School District #14 IAR 1 1,875,000 1,525,000 Totals for Colorado City Unified School District #14 1 1,875,000 1,525,000 0 0 Totals for Hackberry School District #3 0 0 0 Kingman Unified School District #20 GO CLASS B 3 79,990,000 24,700,000 Totals for Kingman Unified School District #20 3 79,990,000 24,700,000 Lake Havasu Unified School District #1 General Obligation 2 23,030,000 23,030,000 Totals for Lake Havasu Unified School District #1 2 23,030,000 23,030,000 Littlefield Unified School District #9 General Obligation 1 1,600,000 285,000 Totals for Littlefield Unified School District #9 1 1,600,000 285,000 0 350,000 0 350,000 575,000 30% CAPACITY 20% CAPACITY 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 48,430,430 0 0 0 575,000 3,747,326 0 0 0 350,000 0 0 0 575,000 0 0 0 0 0 55,290,000 0 55,290,000 0 0 0 0 0 1,315,000 0 0 0 15% DEBT 10% DEBT 0 0 Colorado River Union High School District #2 General Obligation 2 20,785,000 0 20,210,000 Totals for Colorado River Union High School District #2 2 20,785,000 0 20,210,000 Hackberry School District #3 0 15% CAPACITY 10% CAPACITY 0 0 0 0 0 0 0 0 1,315,000 0 0 0 0 0 0 0 0 0 0 0 107,964,297 184,714,785 0 0 4,075,192 0 0 0 55,290,000 0 0 0 1,315,000 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 183,175 33,175 1,383,500 183,175 33,175 1,383,500 2,230,000 104,806 4,564,164 2,230,000 104,806 4,564,164 0 0 0 0 0 0 3,850,000 3,850,000 2,970,569 22,088,602 4,535,000 204,063 13,928,976 4,535,000 204,063 13,928,976 130,000 130,000 Page: 62 2,970,569 22,088,602 70,225 478,183 70,225 478,183 TABLE 12 MOHAVE COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Mohave Valley School District #16 General Obligation 1 8,965,000 8,090,000 Totals for Mohave Valley School District #16 1 8,965,000 8,090,000 Owens-Whitney Elementary District 0 0 0 Totals for Owens-Whitney Elementary District 0 0 0 Peach Springs Unified School District #8 MPC 1 2,299,118 248,883 Totals for Peach Springs Unified School District #8 1 2,299,118 248,883 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 875,000 0 875,000 0 0 0 0 0 2,050,235 0 2,050,235 0 0 0 0 0 0 0 0 0 0 Totals for Valentine Elementary District 0 0 0 0 0 0 0 0 0 0 28,429,493 0 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 875,000 0 0 0 0 0 0 0 0 0 0 2,590,914 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 2,050,235 INTEREST: PAID IN 2015 PAID TO DATE 1,125,000 68,593 2,636,610 1,125,000 68,593 2,636,610 0 0 0 0 0 0 45,460 98,564 687,726 45,460 98,564 687,726 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,765,000 8,020,000 0 57,690,235 4,078,635 0 60,455,235 12,098,635 447,687 21,607,932 3,102,308 24,159,828 3,549,995 45,767,760 Topock Elementary District 0 Totals for Topock Elementary District 0 Valentine Elementary District 0 Yucca Elementary School District #13 0 0 0 Totals for Yucca Elementary School District #13 0 0 0 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 Mohave County General Oblication 6 Other 6 Grand Totals 12 54,380,000 51,615,000 84,164,118 26,473,883 138,544,118 78,088,883 Page: 63 TABLE 13 NAVAJO COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Blue Ridge Unified School District General Obligation 2 20,000,000 1,880,000 Totals for Blue Ridge Unified School District 2 20,000,000 1,880,000 Cedar Unified School District #25 IAR 1 4,800,000 3,860,000 Totals for Cedar Unified School District #25 1 4,800,000 3,860,000 Heber Overgaard Unified School District #6 General Obligation 1 10,215,000 2,320,000 Totals for Heber Overgaard Unified School District #6 1 10,215,000 2,320,000 Holbrook Unified School District #3 QZAB 1 1,204,747 216,000 Series 200 1 4,098,000 1,293,000 Totals for Holbrook Unified School District #3 2 5,302,747 1,509,000 Joseph City USD #2 General Obligation 1 Totals for Joseph City USD #2 1 Kayenta Unified School District #27 0 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 18,120,000 0 18,120,000 0 940,000 0 940,000 0 7,895,000 0 7,895,000 0 988,747 0 2,805,000 0 3,793,747 5,200,000 3,365,000 0 1,835,000 5,200,000 3,365,000 0 1,835,000 0 0 0 0 0 0 Totals for Kayenta Unified School District #27 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page: 64 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45,269,893 0 0 0 15,508,263 0 0 0 9,262,867 0 35,065,435 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 18,120,000 0 0 0 7,895,000 0 0 0 2,805,000 0 1,835,000 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 885,748 8,030,779 0 885,748 8,030,779 0 69,925 1,706,868 0 69,925 1,706,868 440,000 428,150 2,852,194 440,000 428,150 2,852,194 0 46,924 122,953 121,006 1,434,885 326,006 326,006 167,930 1,557,838 0 110,463 1,341,966 0 110,463 1,341,966 0 0 0 0 0 0 TABLE 13 NAVAJO COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Pinon Unified School District #4 0 0 0 Totals for Pinon Unified School District #4 0 0 0 Show Low Unified District General Obligation 2 7,780,719 6,158,624 Totals for Show Low Unified District 2 7,780,719 6,158,624 OUTSTANDING PRINCIPAL 0 0 0 0 0 1,622,095 0 1,622,095 Snowflake Unified School District #5 General Obligation 3 13,490,000 4,015,000 4,220,000 Totals for Snowflake Unified School District #5 3 13,490,000 4,015,000 4,220,000 Whiteriver Unified School District #20 REV 1 17,795,000 12,345,000 Totals for Whiteriver Unified School District #20 1 17,795,000 12,345,000 Winslow USD #1 General Obligation IAR 1 1 Totals for Winslow USD #1 2 15% CAPACITY 10% CAPACITY 0 0 0 0 5,255,000 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 51,474,305 0 0 16,142,952 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 1,622,095 0 0 5,255,000 5,255,000 0 0 0 0 0 180,179 177,429 3,600,121 180,179 177,429 3,600,121 670,000 253,195 3,209,000 670,000 253,195 3,209,000 1,655,000 346,795 5,323,435 1,655,000 346,795 5,323,435 0 44,316 107,054 108,388 920,717 0 5,450,000 2,115,000 835,000 2,860,000 885,000 0 1,280,000 0 1,975,000 4,975,000 1,720,000 0 3,255,000 0 152,704 1,027,771 58,800,719 18,778,624 30,757,747 18,599,000 89,558,466 37,377,624 4,015,000 36,007,095 1,290,179 0 12,158,747 1,981,006 4,015,000 48,165,842 3,271,185 1,899,299 19,141,114 693,038 9,508,857 2,592,337 28,649,971 13,714,000 0 0 0 0 0 0 0 5,450,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 1,280,000 0 0 0 0 Totals for Navajo County General Oblication Other Grand Totals 10 5 15 Page: 65 TABLE 14 PIMA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Ajo Unified District 0 Totals for Ajo Unified District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 97,530,000 Altar Valley School District #51 0 0 0 Totals for Altar Valley School District #51 0 0 0 Amphitheater Public Schools General Obligation 4 140,000,000 42,470,000 Totals for Amphitheater Public Schools 4 140,000,000 42,470,000 0 Catalina Foothills Unified School District #16 General Obligation 7 41,635,000 0 12,295,000 Totals for Catalina Foothills Unified School District #16 7 41,635,000 0 12,295,000 Continental Elementary School District General Obligation 3 16,000,000 855,000 Totals for Continental Elementary School District 3 16,000,000 855,000 Empire Elementary School District #37 0 0 0 Totals for Empire Elementary School District #37 0 0 0 Flowing Wells Unified School District General Obligation 2 19,900,000 2,445,000 Totals for Flowing Wells Unified School District 2 19,900,000 2,445,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 277,726,425 0 0 0 0 0 97,530,000 97,530,000 0 0 0 0 0 111,686,671 0 29,340,000 29,340,000 15,145,000 0 15,145,000 0 0 0 0 0 17,455,000 0 0 0 0 0 0 0 0 0 0 0 0 9,240,000 9,240,000 29,340,000 0 0 0 0 0 30,702,675 0 0 0 0 17,455,000 0 15,145,000 0 0 0 0 0 0 0 0 0 37,707,805 0 0 0 0 0 17,455,000 2,585,000 4,544,063 21,733,998 1,281,460 7,780,053 2,585,000 1,281,460 7,780,053 350,000 591,413 2,002,520 350,000 591,413 2,002,520 0 0 0 0 0 0 1,285,000 1,285,000 Page: 66 4,544,063 21,733,998 896,338 4,777,104 896,338 4,777,104 TABLE 14 PIMA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Indian Oasis-Baboquivari Unified District 0 0 0 Totals for Indian Oasis-Baboquivari Unified District 0 0 0 Marana Unified School District General Obligation 9 115,345,000 42,245,000 Totals for Marana Unified School District 9 115,345,000 42,245,000 Pima County School Reserve Fund 0 0 0 Totals for Pima County School Reserve Fund 0 0 0 Pima County School Superintendents Office 0 0 0 Totals for Pima County School Superintendents Office 0 0 0 Redington Elementary School District #44 0 0 0 Totals for Redington Elementary School District #44 0 0 0 Sahuarita Unified District General Obligation 6 51,700,000 13,485,000 Totals for Sahuarita Unified District 6 51,700,000 13,485,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 73,100,000 0 73,100,000 0 0 0 0 0 0 0 0 0 0 0 0 0 38,215,000 0 38,215,000 San Fernando Elementary School District #35 0 0 0 0 Totals for San Fernando Elementary School District #35 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page: 67 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 215,018,172 143,345,448 0 0 0 0 0 0 0 62,231,643 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 73,100,000 0 0 0 0 0 0 0 38,215,000 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 1,450,000 3,575,000 2,616,671 18,105,419 5,025,000 2,616,671 18,105,419 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,980,000 1,868,667 13,570,638 2,980,000 1,868,667 13,570,638 0 0 0 0 0 0 TABLE 14 PIMA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Sunnyside Unified School District #12 General Obligation 6 71,100,000 10,270,000 Totals for Sunnyside Unified School District #12 6 71,100,000 10,270,000 Tanque Verde Unified School District #13 General Obligation 2 14,000,000 2,215,000 Totals for Tanque Verde Unified School District #13 2 14,000,000 2,215,000 Tucson Unified School District #1 GOA 3 93,405,000 63,370,000 GOB 8 267,115,000 49,840,000 Totals for Tucson Unified School District #1 11 360,520,000 113,210,000 Vail Unified School District #20 General Obligation 10 82,330,000 9,910,000 Totals for Vail Unified School District #20 10 82,330,000 9,910,000 OUTSTANDING PRINCIPAL 0 60,830,000 0 60,830,000 0 11,785,000 0 11,785,000 27,000,000 3,035,000 33,320,000 183,955,000 60,320,000 186,990,000 11,030,000 61,390,000 15% CAPACITY 10% CAPACITY 0 0 0 0 0 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 123,364,753 82,243,169 0 33,844,071 908,609,638 0 0 605,739,759 30% DEBT 20% DEBT 0 60,830,000 0 11,785,000 3,035,000 0 0 183,955,000 PRINCIPAL PAID IN 2015 1,795,000 3,075,000 1,761,986 3,752,192 4,870,000 1,761,986 3,752,192 550,000 0 0 126,102,663 84,068,442 0 61,390,000 660,436 3,697,471 550,000 660,436 3,697,471 50,000 134,900 26,740,476 9,657,531 70,412,024 10,930,000 10,980,000 0 0 INTEREST: PAID IN 2015 PAID TO DATE 2,235,000 9,792,431 97,152,500 1,935,129 14,750,840 11,030,000 61,390,000 2,235,000 1,935,129 14,750,840 11,030,000 404,790,000 29,120,000 60,320,000 186,990,000 10,980,000 71,350,000 591,780,000 40,100,000 16,156,163 90,170,235 9,792,431 97,152,500 25,948,594 187,322,735 Totals for Pima County General Oblication 49 Other 11 Grand Totals 60 552,010,000 136,190,000 360,520,000 113,210,000 912,530,000 249,400,000 Page: 68 TABLE 15 PINAL COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Apache Junction Unified School District General Obligation 7 79,060,000 12,525,000 33,845,000 Totals for Apache Junction Unified School District 7 79,060,000 12,525,000 33,845,000 Casa Grande Elementary School District #4 General Obligation 4 25,000,000 610,000 18,900,000 Totals for Casa Grande Elementary School District #4 4 25,000,000 610,000 18,900,000 Casa Grande Union High School District General Obligation 3 57,985,000 19,985,000 13,005,000 Totals for Casa Grande Union High School District 3 57,985,000 19,985,000 13,005,000 Coolidge Unified School District #21 General Obligation 6 43,910,000 4,015,000 6,410,000 Totals for Coolidge Unified School District #21 6 43,910,000 4,015,000 6,410,000 Eloy Elementary School District General Obligation 1 1,490,000 160,000 Totals for Eloy Elementary School District 1 1,490,000 160,000 32,690,000 5,490,000 30% CAPACITY 20% CAPACITY 0 0 105,909,979 70,606,653 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 32,690,000 0 40,639,251 0 5,490,000 0 0 0 0 5,490,000 24,995,000 0 51,278,687 0 24,995,000 0 0 0 0 0 0 0 0 52,080,544 34,720,363 0 33,485,000 33,485,000 0 1,330,000 1,713,681 26,414,619 4,735,000 1,713,681 26,414,619 2,310,000 2,050,000 2,050,000 33,485,000 0 2,209,229 38,465,000 0 0 0 1,330,000 0 0 0 0 0 53,517,037 0 0 0 38,465,000 38,465,000 1,630,000 0 0 16,025,000 0 0 0 27,215,308 0 16,025,000 333,913 5,346,934 914,486 10,907,709 914,486 10,907,709 1,529,153 10,667,040 1,529,153 10,667,040 60,000 58,675 196,849 60,000 58,675 196,849 1,235,000 1,060,000 1,060,000 Page: 69 333,913 5,346,934 1,630,000 1,235,000 16,025,000 INTEREST: PAID IN 2015 PAID TO DATE 2,750,000 1,985,000 2,310,000 24,995,000 1,330,000 J. O. Combs Unified School District #44 General Obligation 4 33,665,000 13,060,000 4,580,000 Totals for J. O. Combs Unified School District #44 4 33,665,000 13,060,000 4,580,000 0 0 15% DEBT 10% DEBT 32,690,000 0 Florence Unified School District #1 General Obligation 9 95,615,000 38,110,000 19,040,000 Totals for Florence Unified School District #1 9 95,615,000 38,110,000 19,040,000 15% CAPACITY 10% CAPACITY 1,511,639 16,140,029 1,511,639 16,140,029 581,552 5,940,873 581,552 5,940,873 TABLE 15 PINAL COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL Mammoth-San Manuel Unified School District #8 0 0 0 0 Totals for Mammoth-San Manuel Unified School District #8 0 0 0 0 Maricopa Unified School District #20 General Obligation 6 51,740,000 1,950,000 11,410,000 Totals for Maricopa Unified School District #20 6 51,740,000 1,950,000 11,410,000 Mary C. O'Brien Accommodation School District 0 0 0 0 Totals for Mary C. O'Brien Accommodation School District 0 0 0 0 15% CAPACITY 10% CAPACITY 0 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 38,380,000 0 0 0 0 0 46,679,622 0 38,380,000 38,380,000 0 0 0 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 1,680,000 1,822,213 14,663,893 1,680,000 1,822,213 14,663,893 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Oracle School District #2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,419,192 910,963 Totals for Ray Unified District 1 1,419,192 910,963 0 508,229 Totals for Oracle School District #2 0 0 0 0 0 0 0 0 0 Picacho Elementary School 0 Totals for Picacho Elementary School 0 Ray Unified District General Obligation 1 Red Rock Elementary District 0 0 0 Totals for Red Rock Elementary District 0 0 0 0 508,229 0 0 0 0 0 0 0 0 0 0 Page: 70 0 0 0 0 0 0 0 0 0 5,914,893 0 0 0 0 0 508,229 0 0 237,481 26,100 154,418 237,481 26,100 154,418 0 0 0 0 0 0 TABLE 15 PINAL COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Sacaton Elementary School District 0 0 0 Totals for Sacaton Elementary School District 0 0 0 OUTSTANDING PRINCIPAL 0 0 0 0 Santa Cruz Valley Union High School #840 General Obligation 2 7,567,520 520,000 4,473,439 Totals for Santa Cruz Valley Union High School #840 2 7,567,520 520,000 4,473,439 Stanfield Elementary District 0 0 0 Totals for Stanfield Elementary District 0 0 0 Superior Unified School District 315 General Obligation 1 1,315,000 717,000 Totals for Superior Unified School District 315 1 1,315,000 717,000 Toltec Elementary District General Obligation 1 4,000,000 1,215,000 Totals for Toltec Elementary District 1 4,000,000 1,215,000 15% CAPACITY 10% CAPACITY 2,574,081 0 0 0 11,131,434 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 2,574,081 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 2,574,081 0 0 0 0 0 598,000 0 598,000 0 2,785,000 0 0 0 0 0 7,141,930 0 0 0 0 0 2,785,000 0 0 5,478,591 0 0 0 0 0 598,000 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 1,530,711 134,646 698,243 1,530,711 134,646 698,243 0 0 0 0 0 0 189,000 19,675 90,149 189,000 19,675 90,149 350,000 10,158,400 359,915 0 2,785,000 350,000 10,158,400 359,915 90,775,000 197,325,310 17,067,192 90,775,000 197,325,310 17,067,192 18,804,133 91,580,670 18,804,133 91,580,670 Totals for Pinal County General Oblication 45 Grand Totals 45 402,766,712 114,666,402 402,766,712 114,666,402 Page: 71 TABLE 16 SANTA CRUZ COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Nogales Unified School District #1 0 0 0 Totals for Nogales Unified School District #1 0 0 0 Patagonia Elementary School District #6 0 0 0 Totals for Patagonia Elementary School District #6 0 0 0 Patagonia Union High School District #20 0 0 0 Totals for Patagonia Union High School District #20 0 0 0 Santa Cruz Elementary School District #28 0 0 0 Totals for Santa Cruz Elementary School District #28 0 0 0 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Santa Cruz Valley Unified School District #35 B 2 10,000,000 0 4,840,000 Totals for Santa Cruz Valley Unified School District #35 2 10,000,000 0 4,840,000 0 0 0 0 0 0 0 0 5,160,000 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 28,704,466 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 0 0 0 5,160,000 5,160,000 INTEREST: PAID IN 2015 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 0 480,000 232,913 2,569,886 480,000 232,913 2,569,886 0 0 0 Sonoita Elementary District 0 0 0 Totals for Sonoita Elementary District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,160,000 480,000 0 5,160,000 480,000 232,913 2,569,886 232,913 2,569,886 Totals for Santa Cruz County Other 2 Grand Totals 2 10,000,000 4,840,000 10,000,000 4,840,000 Page: 72 TABLE 17 YAVAPAI COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Ash Fork Joint Unified School District #31 0 0 0 Totals for Ash Fork Joint Unified School District #31 0 0 0 Bagdad Unified School District #20 0 0 0 Totals for Bagdad Unified School District #20 0 0 0 Beaver Creek School District #26 General Obligation 2 4,165,000 1,000,000 Totals for Beaver Creek School District #26 2 4,165,000 1,000,000 OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 0 0 0 0 0 0 0 0 0 3,165,000 0 3,165,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Camp Verde Unified School District #28 0 0 0 Totals for Camp Verde Unified School District #28 0 0 0 0 0 0 0 0 2,392,611 * 0 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 0 0 0 0 3,165,000 0 0 0 0 0 0 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 90,000 246,581 1,469,975 90,000 246,581 1,469,975 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Canon School District #50 0 Totals for Canon School District #50 0 Chino Valley Unified School District #51 0 0 0 Totals for Chino Valley Unified School District #51 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Clarkdale-Jerome School 0 Totals for Clarkdale-Jerome School 0 0 0 0 0 0 0 * Current capacity based on current value, debt in excess of capacity not reflected of capacity value when bonds were issued. Page: 73 0 0 TABLE 17 YAVAPAI COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Congress Elementary School District 0 0 0 Totals for Congress Elementary School District 0 0 0 OUTSTANDING PRINCIPAL 0 0 0 0 Cottonwood-Oak Creek Elementary School District General Obligation 1 15,000,000 0 0 Totals for Cottonwood-Oak Creek Elementary School District 1 15,000,000 0 0 Crown King Elementary School District 0 0 0 Totals for Crown King Elementary School District 0 0 0 Hillside Elementary School District 0 0 0 Totals for Hillside Elementary School District 0 0 0 0 0 Totals for Kirkland Elementary School District #23 0 0 0 Mayer Unified School District #43 General Obligation 1 2,000,000 515,000 Totals for Mayer Unified School District #43 1 2,000,000 515,000 15,000,000 0 0 0 0 0 0 0 0 19,780,027 0 0 0 0 39,650,000 30% CAPACITY 20% CAPACITY 0 0 0 15,000,000 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 103,572,675 69,048,450 0 0 0 0 0 39,650,000 39,650,000 0 0 0 0 0 1,485,000 0 0 0 15% DEBT 10% DEBT 15,000,000 0 Humboldt Unified School District #22 General Obligation 6 66,955,000 17,115,000 10,190,000 Totals for Humboldt Unified School District #22 6 66,955,000 17,115,000 10,190,000 Kirkland Elementary School District #23 0 15% CAPACITY 10% CAPACITY 0 0 0 0 1,485,000 0 0 0 0 0 0 0 6,874,257 0 0 0 1,485,000 INTEREST: PAID IN 2015 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 1,770,000 1,770,000 1,733,805 17,652,421 0 0 0 0 0 0 90,000 90,000 Page: 74 1,733,805 17,652,421 63,044 528,779 63,044 528,779 TABLE 17 YAVAPAI COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Mingus Union High School District #4 General Obligation 1 15,000,000 5,005,000 Totals for Mingus Union High School District #4 1 15,000,000 5,005,000 Prescott Unified School District General Obligation 2 18,700,000 16,680,000 Totals for Prescott Unified School District 2 18,700,000 16,680,000 OUTSTANDING PRINCIPAL 0 0 0 Totals for Seligman Unified School District #40 0 0 0 9,995,000 0 2,020,000 0 0 0 Totals for Walnut Grove Elementary District #7 0 0 0 Williamson Valley School District #2 0 0 0 Totals for Williamson Valley School District #2 0 0 0 0 25,320,817 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 9,995,000 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 0 146,174,491 0 2,020,000 0 0 0 0 0 71,195,530 0 50,195,000 50,195,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,293,803 2,425,000 2,425,000 50,195,000 0 INTEREST: PAID IN 2015 PAID TO DATE 1,293,803 2,020,000 0 Skull Valley Elementary School District #15 0 0 0 0 Totals for Skull Valley Elementary School District #15 0 0 0 0 Walnut Grove Elementary District #7 0 9,995,000 0 Sedona-Oak Creek Joint Unified District General Obligation 4 94,250,000 20,850,000 23,205,000 Totals for Sedona-Oak Creek Joint Unified District 4 94,250,000 20,850,000 23,205,000 Seligman Unified School District #40 0 15% CAPACITY 10% CAPACITY 0 0 0 0 Page: 75 0 0 0 0 0 0 0 0 0 0 0 0 3,965,000 437,606 4,755,553 437,606 4,755,553 184,050 4,883,237 184,050 4,883,237 2,420,547 19,818,725 3,965,000 2,420,547 19,818,725 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TABLE 17 YAVAPAI COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 15% CAPACITY 10% CAPACITY 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 INTEREST: PAID IN 2015 PAID TO DATE Yarnell School District 0 0 0 0 0 0 0 0 216,070,000 56,595,000 216,070,000 56,595,000 Totals for Yarnell School District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 37,965,000 121,510,000 9,633,803 37,965,000 121,510,000 9,633,803 5,085,633 49,108,690 5,085,633 49,108,690 Totals for Yavapai County General Oblication 17 Grand Totals 17 Page: 76 TABLE 18 YUMA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Antelope Union High School District General Obligation 1 2,350,000 900,000 Totals for Antelope Union High School District 1 2,350,000 900,000 Crane Elementary District #13 General Obligation 8 38,795,000 11,960,000 Totals for Crane Elementary District #13 8 38,795,000 11,960,000 OUTSTANDING PRINCIPAL 0 15% CAPACITY 10% CAPACITY 1,450,000 0 1,450,000 8,325,000 18,510,000 8,325,000 18,510,000 Gadsden Elementary School District #32 General Obligation 2 1,170,000 80,000 1,090,000 Totals for Gadsden Elementary School District #32 2 1,170,000 80,000 1,090,000 0 0 10,820,625 29,021,143 19,347,429 9,094,274 0 15% DEBT 10% DEBT 30% CAPACITY 20% CAPACITY 0 1,450,000 1,255,000 17,255,000 0 0 0 0 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 160,000 145,663 748,953 160,000 145,663 748,953 770,000 635,000 477,430 9,331,908 1,405,000 477,430 9,331,908 115,000 12,750 656,326 115,000 12,750 656,326 0 0 0 0 0 0 160,000 20,130 262,585 160,000 20,130 262,585 Hyder School District #16 0 Totals for Hyder School District #16 0 0 0 0 0 0 0 0 0 0 170,000 0 170,000 0 485,000 Mohawk Valley School District #17 General Obligation 1 2,050,000 1,880,000 Totals for Mohawk Valley School District #17 1 2,050,000 1,880,000 Somerton Elementary School District #11 General Obligation 2 4,075,000 3,590,000 Totals for Somerton Elementary School District #11 2 4,075,000 3,590,000 Wellton Elementary School District 0 0 0 Totals for Wellton Elementary School District 0 0 0 0 485,000 0 0 0 0 0 0 2,577,985 0 0 5,556,543 0 0 Page: 77 0 0 170,000 0 0 485,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 460,000 39,138 1,117,456 460,000 39,138 1,117,456 0 0 0 0 0 0 TABLE 18 YUMA COUNTY SCHOOL DISTRICT FY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS SCHOOL DISTRICT NAME # OF ISSUES PRINCIPAL: ORIGINAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Yuma Elementary School District #1 General Obligation 2 32,810,000 11,810,000 Totals for Yuma Elementary School District #1 2 32,810,000 11,810,000 Yuma Union High School District #70 General Obligation 4 84,550,000 54,615,000 OUTSTANDING PRINCIPAL 0 21,000,000 0 21,000,000 18,270,000 11,665,000 Totals for Yuma Union High School District #70 4 84,550,000 18,270,000 54,615,000 15% CAPACITY 10% CAPACITY 0 108,258,559 0 103,139,193 15% DEBT 10% DEBT 0 21,000,000 0 11,665,000 30% CAPACITY 20% CAPACITY 0 0 0 0 30% DEBT 20% DEBT PRINCIPAL PAID IN 2015 0 0 0 0 INTEREST: PAID IN 2015 PAID TO DATE 0 495,350 7,186,267 0 495,350 7,186,267 6,525,000 396,617 16,358,871 11,665,000 6,525,000 396,617 16,358,871 26,675,000 53,280,000 8,825,000 26,675,000 53,280,000 8,825,000 1,587,078 35,662,366 1,587,078 35,662,366 1,324,285,000 4,236,206,905 429,940,924 60,320,000 286,128,845 27,246,920 1,384,605,000 4,522,335,750 457,187,844 Totals for Yuma County General Oblication 20 Grand Totals 20 GRAND TOTALS General Oblication Other Grand Totals 495 38 533 165,800,000 85,845,000 165,800,000 85,845,000 7,999,349,431 2,427,706,526 556,136,865 208,190,398 8,555,486,296 2,635,896,924 Page: 78 180,576,469 1,488,330,216 15,602,994 150,893,120 196,179,463 1,639,223,336 SPECIAL DISTRICTS As of June 30, 2015, special districts reported total outstanding debt of $1.72 billion (outstanding bonds of $1.63 billion and outstanding leases of $90.3 million) a 1.1% increase from the prior fiscal year. For FY 2014, special districts reported total outstanding debt of $1.7 billion (outstanding bonds of $1.6 billion and outstanding leases of $0.1 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, 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 of July 30, 2015:  $649.2 million in general obligation debt:  $544.9 million in revenue;  $22.4 million in certificates of participation; and  $412.3 million in special assessment and other debt. Special district lease purchases represent debt issued with a term in excess of one year. As of June 30, 2015, lease purchases totaled $90.3 million, a 5.8% decrease from the $95.9 million reported for FY 2014. Detail of the outstanding lease purchases can be found in Table 44. Table 45 lists the special districts that reported no lease purchases. Special district debt has been reported in 12 of the 15 counties. Of the 496 reporting special districts, 141 had outstanding bonds at the end of FY2014/15 and 355 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, 2015. COUNTY Apache Cochise Coconino Gila Graham Greenlee La Paz Maricopa Mohave Navajo Pima Pinal Santa Cruz Yavapai Yuma Total # WITH B.I. 1 0 4 2 0 0 2 41 6 17 17 21 3 20 7 141 79 # WITHOUT B.I. 14 30 35 25 5 2 10 81 24 24 17 36 2 35 15 355 During FY 2014/15, $106.8 million of outstanding principal was retired. The following table lists total outstanding special district debt by county ranked from highest debt to lowest debt as of June 30, 2015. OUTSTANDING BONDS Maricopa Pima Pinal Yuma Yavapai Santa Cruz Mohave Coconino Navajo Gila Apache La Paz Cochise Graham Greenlee Total $684,416,134 $515,276,577 $209,631,153 $59,876,624 $60,470,803 $45,025,000 $24,744,333 $11,864,726 $10,386,732 $543,000 $3,725,000 $3,069,960 $0 $0 $0 $1,629,030,041 OUTSTANDING LEASES TOTAL OUTSTANDING DEBT $19,683,694 $13,560,499 $17,784,484 $5,991,421 $5,227,579 $614,470 $1,276,651 $8,791,637 $3,687,490 $9,110,946 $1,941,790 $2,169,239 $466,674 $2,800 $0 $90,309,376 $704,099,829 $528,837,076 $227,415,637 $65,868,045 $65,698,382 $45,639,470 $26,020,984 $20,656,363 $14,074,222 $9,653,946 $5,666,790 $5,239,199 $466,674 $2,800 $0 $1,719,339,417 Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2015. However, the year-end balances should reflect any July 1, 2015 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, 2015 was $649.2 million or 39.9% of all outstanding special district debt. 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 according to the Department of Revenue prior debt reports. 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 Arizona City Fire District Avra Valley Fire District Black Canyon Fire District Drexel Heights Fire District Golder Ranch Fire District Maricopa Fire District 5 Northwest Fire District Picture Rocks Fire District Rincon Valley Fire District Rio Rico Fire District COUNTY CURRENT CAPACITY DEBT Pinal Pima/Pinal Yavapai Pima Pima/Pinal Pinal Pima Pima Pima Santa Cruz $1,671,615 $3,024,753 $823,613 $10,860,500 $46,047,154 $12,732,772 $58,428,233 $2,050,620 $5,795,111 $3,713,920 $915,000 $2,985,000 $765,400 $915,000 $8,520,000 $1,535,000 $26,400,000 $1,887,000 $4,565,000 $4,825,000 5 Maricopa Fire District dissolved and merged with the City of Maricopa Fire Department in 2007. 80 % OF CAPACITY USED 54.7% 98.7% 92.9% 8.4% 18.5% 12.1% 45.2% 92.0% 78.8% 129.9% FIRE DISTRICT Tubac Fire District COUNTY Santa Cruz CURRENT CAPACITY $5,020,826 DEBT $5,015,000 % OF CAPACITY USED 99.9% REVENUE BONDS Total outstanding debt from revenue bonds as of June 30, 2014 was $544.7 million or 33.4% of total outstanding debt. Districts with revenue bond debt in excess of $100 million, in order of most to least debt, are: Regional Transportation Authority in Pima County, Valley Metro Regional Public Transportation in Maricopa County, and Electrical District #3 in Pinal County. CERTIFICATES OF PARTICIPATION Three special districts reported certificates of participation with total outstanding principal as of June 30, 2014 of $22.4 million. Two fire districts reported outstanding debt of $11.4 million ($7.0 million by Green Valley Fire District and $4.4 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, 2015 was $434.7 million or 26.7% of total outstanding debt. NEW BONDS During FY 2014/15, 12 special districts incurred $182.8 million in new debt; of this amount $32.5 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, 2015, 92 special districts reported outstanding lease purchases of $90.3 million. INTEREST Special districts are not required to report interest per A.R.S. § 41-4604. However, interest paid on bonds during FY 2015 of $106.8 million on $1.6 billion of outstanding principal as of June 30, 2015 and $602.2 million interest paid to date on 311 bond issues with an original principal of $2.5 billion. An additional $2.7 million in interest was paid during FY 2014/15 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 PER CAPITA BOND DEBT $908.60 PER CAPITA LEASE DEBT $12.40 PER CAPITA TOTAL DEBT $921.00 Pima Yuma $290.81 $175.51 $13.46 $28.26 $304.27 $203.77 Gila Yavapai $0.00 $109.79 $168.04 $24.27 $168.04 $134.06 La Paz Pinal $0.00 $44.62 $102.30 $44.88 $102.30 $89.50 Coconino Maricopa $0.00 $58.06 $63.08 $4.91 $63.08 $62.97 Navajo Apache $0.00 $0.00 $33.77 $27.02 $33.77 $27.02 Mohave Cochise $0.00 $0.00 $6.26 $3.60 $6.26 $3.60 Graham $0.00 $0.07 $0.07 $0.00 $0.00 $0.00 Greenlee 81 The population measure used to calculate per capita debt is the July 1, 2014 Department of Administration’s estimate. 82 TABLE 20 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN APACHE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Alpine Domestic Water Improvement District 0 0 Totals for Alpine Domestic Water Improvement District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 3,465,000 0 3,725,000 520,000 191,024 2,178,986 3,465,000 0 3,725,000 520,000 191,024 2,178,986 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 Totals for Alpine Fire District 0 Alpine Sanitary District 0 Totals for Alpine Sanitary District 0 Apache County Library District SA 1 7,190,000 Totals for Apache County Library District 1 7,190,000 Concho Volunteer Fire District 0 Totals for Concho Volunteer Fire District 0 Ganado Fire District 0 Totals for Ganado Fire District 0 Greer Fire District 0 Totals for Greer Fire District 0 Little Colorado Sanitary District 0 0 Totals for Little Colorado Sanitary District 0 0 Northern Apache County Special Health Care District 0 0 0 Totals for Northern Apache County Special Health Care District 0 0 0 Nutrioso Fire District 0 Totals for Nutrioso Fire District 0 Ojo Bonito Estates Domestic WID 0 Totals for Ojo Bonito Estates Domestic WID 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Page: 83 TABLE 20 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN APACHE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Puerco Valley Fire District 0 Totals for Puerco 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 3,725,000 3,725,000 520,000 520,000 191,024 191,024 2,178,986 2,178,986 Vernon Domestic WID 0 Totals for Vernon Domestic WID 0 Vernon Fire District 0 Totals for Vernon Fire District 0 White Mountain Communities Special Health Care District 0 0 0 Totals for White Mountain Communities Special Health Care District 0 0 0 Totals for Apache County Other 1 Grand Totals 1 7,190,000 7,190,000 3,465,000 3,465,000 Page: 84 TABLE 21 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN COCHISE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Babocomari Fire District 0 Totals for Babocomari Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Bowie Fire District 0 Totals for Bowie Fire District 0 Bowie Water Improvement 0 Totals for Bowie Water Improvement 0 Cochise County Flood Control District 0 0 Totals for Cochise County Flood Control District 0 0 Elfrida Fire District 0 Totals for Elfrida Fire District 0 Fry Fire District 0 Totals for Fry Fire District 0 Mescal-J6 Fire District 1 Totals for Mescal-J6 Fire District 1 Naco Fire District 0 Totals for Naco Fire District 0 Naco Sanitary District 0 Totals for Naco Sanitary District 0 Northern Cochise Hospital District 0 0 Totals for Northern Cochise Hospital District 0 0 PBW Fire District 0 Totals for PBW Fire District 0 Page: 85 TABLE 21 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN COCHISE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Palominas Fire District 0 Totals for Palominas Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Pirtleville Fire District 0 Totals for Pirtleville Fire District 0 Pistachio Pass Irrigation 0 Totals for Pistachio Pass Irrigation 0 Pomerene Domestic WID 0 Totals for Pomerene Domestic WID 0 Pomerene Volunteer Fire District 0 0 Totals for Pomerene Volunteer Fire District 0 0 San Jose Fire District 0 Totals for San Jose Fire District 0 San Pedro Valley Hospital District 0 0 Totals for San Pedro Valley Hospital District 0 0 San Simon Fire District 0 Totals for San Simon Fire District 0 San Simon Water District 0 Totals for San Simon Water District 0 St. David Domestic Water Improvement District 0 0 Totals for St. David Domestic Water Improvement District 0 0 St. David Fire District 0 Totals for St. David Fire District 0 Page: 86 TABLE 21 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN COCHISE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE St. David Flood Control District 0 0 Totals for St. David Flood Control District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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. David Irrigation District 0 Totals for St. David Irrigation District 0 Sunnyside Fire District 0 Totals for Sunnyside Fire District 0 Sunsites-Pearce Fire District 0 Totals for Sunsites-Pearce Fire District 0 Vanar Flood Control District 0 Totals for Vanar Flood Control District 0 Wellspring Water District 0 Totals for Wellspring Water District 0 Whetstone Fire District 0 Totals for Whetstone Fire District 0 Whetstone Water District 0 Totals for Whetstone Water District 0 Totals for Cochise County Other 1 Grand Totals 1 Page: 87 TABLE 22 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN COCONINO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Badger Creek Domestic WID 0 Totals for Badger Creek Domestic WID 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12,370,000 0 6,705,000 1,900,000 388,875 5,616,998 12,370,000 0 6,705,000 1,900,000 388,875 5,616,998 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 202,000 36,000 0 0 0 202,000 36,000 0 0 Blue Ridge Fire District 0 Totals for Blue Ridge Fire District 0 Flagstaff Ranch Fire District 0 Totals for Flagstaff Ranch Fire District 0 Flagstaff Special Districts SA 1 19,075,000 Totals for Flagstaff Special Districts 1 19,075,000 Forest Lakes Domestic WID 0 Totals for Forest Lakes Domestic WID 0 Forest Lakes Fire District 0 Totals for Forest Lakes Fire District 0 Foxboro Ranch Domestic WID 0 Totals for Foxboro Ranch Domestic WID 0 Greenehaven Fire District 0 Totals for Greenehaven Fire District 0 Hashkinfe Trails Road Improvement District SA 1 357,000 155,000 Totals for Hashkinfe Trails Road Improvement District 1 357,000 155,000 Highlands Fire District 0 Totals for Highlands 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 Junipine Fire District 0 Totals for Junipine Fire District 0 Page: 88 TABLE 22 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN COCONINO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Kaibab Estates West Fire District 1 0 Totals for Kaibab Estates West Fire District 1 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 287,581 0 0 14,028 0 0 287,581 0 0 14,028 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 243,105 0 0 12,171 0 0 243,105 0 0 12,171 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 177,000 0 261,000 44,000 0 0 177,000 0 261,000 44,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 212,597 0 0 9,734 0 0 212,597 0 0 9,734 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,306,330 0 4,696,709 457,871 44,034 843,523 3,306,330 0 4,696,709 457,871 44,034 843,523 Kiowa-Comanche Road Improvement District SA 1 287,581 Totals for Kiowa-Comanche Road Improvement District 1 287,581 Lockett Ranch Fire District 0 Totals for Lockett Ranch Fire District 0 Lupine Road Improvement District SA 1 243,105 Totals for Lupine Road Improvement District 1 243,105 Majestic View Domestic WID 0 Totals for Majestic View Domestic WID 0 Mormon Lake Fire District 0 Totals for Mormon Lake Fire District 0 North Stardust/Antelope Trails Road ID SA 1 438,000 Totals for North Stardust/Antelope Trails Road ID 1 438,000 Page Hospital District 0 Totals for Page Hospital District 0 Pawnee Road Improvement District SA 1 212,597 Totals for Pawnee Road Improvement District 1 212,597 Pinewood Fire District 0 Totals for Pinewood Fire District 0 Pinewood Sanitary District 3P 4 7,998,832 Totals for Pinewood Sanitary District 4 7,998,832 Page: 89 TABLE 22 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN COCONINO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Ponderosa Fire District 0 Totals for Ponderosa Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 382,917 0 0 25,144 0 0 382,917 0 0 25,144 0 0 0 0 0 0 0 0 0 0 0 0 0 0 59,050 0 0 2,725 0 0 59,050 0 0 2,725 0 0 4,500,000 0 0 0 0 0 4,500,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,590,000 0 0 0 0 0 2,590,000 0 0 0 0 0 73,911 73,911 0 0 4,368 0 0 73,911 73,911 0 0 4,368 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7 8 9 10 11 0 0 7 8 9 10 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Rio Arroyo Road Improvement SA 1 382,917 Totals for Rio Arroyo Road Improvement 1 382,917 Sherwood Forest Estates Fire District 0 0 Totals for Sherwood Forest Estates Fire District 0 0 Shoshone Road Improvement District SA 1 59,050 Totals for Shoshone Road Improvement District 1 59,050 South Grand Canyon Sanitary District SA 1 4,500,000 Totals for South Grand Canyon Sanitary District 1 4,500,000 Summit Fire District 0 Totals for Summit Fire District 0 Toho Tolani Road Improvement SA 1 2,590,000 Totals for Toho Tolani Road Improvement 1 2,590,000 Tonowanda Road Improvement SA 1 Totals for Tonowanda Road Improvement 1 Tusayan Fire District 0 Totals for Tusayan Fire District 0 Valle Domestic WID 3 1 Totals for Valle Domestic WID 1 Westwood Estates Fire District 0 Totals for Westwood Estates Fire District 0 Page: 90 TABLE 22 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN COCONINO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Williams Hospital District 0 Totals for Williams Hospital District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36,218,000 36,218,000 24,357,499 24,357,499 9 9 11,864,719 11,864,719 2,506,052 2,506,052 432,909 432,909 6,460,521 6,460,521 Woods Fire District 0 Totals for Woods Fire District 0 Totals for Coconino County Other 17 Grand Totals 17 Page: 91 TABLE 23 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN GILA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Beaver Valley Domestic WID 0 Totals for Beaver Valley 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 27,000 0 173,000 0 0 0 27,000 0 173,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 265,000 0 0 0 370,000 0 65,000 0 20,062 0 88,862 265,000 0 370,000 65,000 20,062 88,862 Beaver Valley Fire District 0 Totals for Beaver Valley Fire District 0 Canyon Fire District 0 Totals for Canyon Fire District 0 Canyon Water Improvement District R 1 200,000 Totals for Canyon Water Improvement District 1 200,000 Christopher Kohls Fire District 0 Totals for Christopher Kohls Fire District 0 Dudleyville Volunteer Fire District 0 0 Totals for Dudleyville Volunteer Fire District 0 0 East Verde Park Fire District 0 Totals for East Verde Park Fire District 0 Gisela Valley Fire District 0 Totals for Gisela Valley Fire District 0 Hellsgate Fire District 1 Totals for Hellsgate Fire District 1 Houston Mesa Fire District 0 Totals for Houston Mesa Fire District 0 Northern Gila County Sanitary District 1 0 SA 1 635,000 Totals for Northern Gila County Sanitary District 2 635,000 Page: 92 TABLE 23 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN GILA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL Pine Creek Canyon Domestic WID 0 Totals for Pine Creek Canyon Domestic WID 0 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Strawberry Water Improvement District 0 0 Totals for Pine Strawberry Water Improvement District 0 0 Pine Water Association Domestic WID 0 0 Totals for Pine Water Association Domestic WID 0 0 PineStrawberry Fire District 0 Totals for PineStrawberry Fire District 0 Pleasant Valley Fire District 0 Totals for Pleasant Valley Fire District 0 Round Valley/Oxbow Estates Fire District 0 0 Totals for Round Valley/Oxbow Estates Fire District 0 0 Solitude Trails Domestic WID 0 Totals for Solitude Trails Domestic WID 0 Strawberry Hollow Domestic WID 0 Totals for Strawberry Hollow Domestic WID 0 Strawberry Hollow Wastewater Improvement 0 0 Totals for Strawberry Hollow Wastewater Improvement 0 0 Sunflower Mesa Domestic WID 0 Totals for Sunflower Mesa Domestic WID 0 Tonto Basin Fire District 0 Totals for Tonto Basin Fire District 0 Page: 93 TABLE 23 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN GILA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Tonto Village Domestic WID 0 Totals for Tonto Village 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 0 835,000 835,000 292,000 292,000 0 0 543,000 543,000 65,000 65,000 20,062 20,062 88,862 88,862 Tri-City Regional Sanitary District 0 0 Totals for Tri-City Regional Sanitary District 0 0 TriCity / Central Heights Fire District 0 0 Totals for TriCity / Central Heights Fire District 0 0 Whispering Pines Domestic WID 0 Totals for Whispering Pines Domestic WID 0 Whispering Pines Fire District 0 Totals for Whispering Pines Fire District 0 Totals for Gila County Other Grand Totals 4 4 Page: 94 TABLE 24 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN GRAHAM COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Central Jackson Heights Fire District 0 0 Totals for Central Jackson Heights Fire District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 Fort Thomas Fire District 0 Totals for Fort Thomas Fire District 0 Mt. Graham Hospital District 0 Totals for Mt. Graham Hospital District 0 Pima Rural Fire District 0 Totals for Pima Rural Fire District 0 Safford Rural Fire District 0 Totals for Safford Rural Fire District 0 Totals for Graham County Grand Totals 0 Page: 95 TABLE 25 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN GREENLEE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Duncan Valley Rural Fire District 0 0 Totals for Duncan Valley Rural Fire District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 Franklin Irrigation District 0 Totals for Franklin Irrigation District 0 Totals for Greenlee County Grand Totals 0 Page: 96 TABLE 26 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN LA PAZ COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Bouse Volunteer Fire District 0 Totals for Bouse Volunteer Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,021,689 0 2,994,593 289,533 143,458 1,689,139 3,021,689 0 2,994,593 289,533 143,458 1,689,139 421,313 0 75,367 25,660 6,550 86,237 421,313 0 75,367 25,660 6,550 86,237 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Sanitary District SA 4 6,016,282 Totals for Buckskin Sanitary District 4 6,016,282 Buckskin Volunteer Fire District L 2 496,680 Totals for Buckskin Volunteer Fire District 2 496,680 Cibola Valley Irrigation & Drainage 0 0 Totals for Cibola Valley Irrigation & Drainage 0 0 Ehrenberg Fire District 0 Totals for Ehrenberg Fire District 0 Electrical District #8 0 Totals for Electrical District #8 0 La Paz County Hospital District 0 Totals for La Paz County Hospital District 0 McMullen Valley Fire District 0 Totals for McMullen Valley Fire District 0 McMullen Valley Water Conservation & Drainage 0 0 Totals for McMullen Valley Water Conservation & Drainage 0 0 Parker Volunteer Fire District 0 Totals for Parker Volunteer Fire District 0 Quartzsite Fire District 0 Totals for Quartzsite Fire District 0 Page: 97 TABLE 26 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN LA PAZ COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Wenden Domestic Water Improvement District 0 0 Totals for Wenden Domestic Water Improvement District 0 0 Totals for La Paz County Other 6 Grand Totals 6 6,512,962 6,512,962 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 3,443,002 3,443,002 0 0 3,069,960 3,069,960 315,193 315,193 150,008 150,008 1,775,376 1,775,376 Page: 98 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL #K109 Plymouth Street SA 1 Totals for #K109 Plymouth Street 1 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 145,969 116,289 0 29,680 11,191 3,270 42,467 145,969 116,289 0 29,680 11,191 3,270 42,467 301,960 299,395 0 2,565 1,290 188 67,086 301,960 299,395 0 2,565 1,290 188 67,086 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,450,000 780,000 0 2,670,000 115,000 155,683 1,753,732 3,450,000 780,000 0 2,670,000 115,000 155,683 1,753,732 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,103,920 320,162 94,179 3,569,556 0 1,103,920 320,162 94,179 3,569,556 #K91 Queen Creek Water SA 1 Totals for #K91 Queen Creek Water 1 Adaman Irrigation District #36 0 Totals for Adaman Irrigation District #36 0 Agua Fria Ranch CFD General Obligation 1 Totals for Agua Fria Ranch CFD 1 PRINCIPAL RETIRED TO DATE Aguila Fire District 0 Totals for Aguila Fire District 0 Aguila Irrigation District 0 Totals for Aguila Irrigation District 0 Arizona Utilities Community Facilities District Revenue 1 4,371,000 3,267,080 Totals for Arizona Utilities Community Facilities District 1 4,371,000 3,267,080 Berridge Manor IWDD #38 0 Totals for Berridge Manor IWDD #38 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Broadland Ranches Greenfield IWDD #39 0 0 Totals for Broadland Ranches Greenfield IWDD #39 0 0 Buckeye Valley Fire District 0 Totals for Buckeye Valley Fire District 0 Buckeye Water Conservation & Drainage District 0 0 Totals for Buckeye Water Conservation & Drainage District 0 0 Page: 99 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Camelview Irrigation WDD #44 0 Totals for Camelview Irrigation WDD #44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 920,000 0 3,065,000 95,000 175,700 1,707,020 920,000 0 3,065,000 95,000 175,700 1,707,020 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 540,000 0 2,115,000 75,000 116,607 1,194,570 540,000 0 2,115,000 75,000 116,607 1,194,570 0 2,270,000 105,000 140,158 1,796,199 0 2,270,000 105,000 140,158 1,796,199 0 0 0 0 0 0 0 0 0 0 0 0 Centerra Community Facilities District General Obligation 3 3,985,000 Totals for Centerra Community Facilities District 3 3,985,000 Chandler Heights Citrus Irrigation 0 0 Totals for Chandler Heights Citrus Irrigation 0 0 Circle City / Morristown Fire District 0 0 Totals for Circle City / Morristown Fire District 0 0 Circle G Octotillo IWDD #47 0 Totals for Circle G Octotillo IWDD #47 0 Citrus Garden IWDD #33 0 Totals for Citrus Garden IWDD #33 0 Clearwater Hills Fire District 0 Totals for Clearwater Hills Fire District 0 College Park Country Estates IWDD #53 0 0 Totals for College Park Country Estates IWDD #53 0 0 Cortina Community Facilities District General Obligation 2 2,655,000 Totals for Cortina Community Facilities District 2 2,655,000 Cottonflower Community Facilities District General Obligation 2 3,085,000 815,000 Totals for Cottonflower Community Facilities District 2 3,085,000 815,000 Cuatro Palmas Irrigation WDD #26 0 0 Totals for Cuatro Palmas Irrigation WDD #26 0 0 Page: 100 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE DC Ranch Community Facilities District General Obligation 1 14,670,000 Totals for DC Ranch Community Facilities District 1 14,670,000 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 2,185,000 0 12,485,000 830,000 0 0 2,185,000 0 12,485,000 830,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,855,000 2,060,000 2,495,000 2,300,000 0 100,685 1,430,428 6,855,000 2,060,000 2,495,000 2,300,000 0 100,685 1,430,428 0 0 0 0 0 0 0 0 0 0 0 0 297,000 0 17,774,000 232,000 442,345 571,845 297,000 0 17,774,000 232,000 442,345 571,845 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14,915,000 22,329,000 470,000 892,000 896,182 1,279,413 7,422,011 16,888,566 0 37,244,000 1,362,000 2,175,595 24,310,577 0 0 13,230,000 3,106,150 430,000 213,850 0 0 0 0 0 16,336,150 643,850 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24,355,000 3,320,000 10,685,000 10,350,000 335,000 460,050 8,724,370 24,355,000 3,320,000 10,685,000 10,350,000 335,000 460,050 8,724,370 Daisy Mountain Fire District 0 Totals for Daisy Mountain Fire District 0 Eagle Mountain CFD General Obligation 2 Totals for Eagle Mountain CFD 2 East Morningside Irrigation WDD #8 0 0 Totals for East Morningside Irrigation WDD #8 0 0 Eastmark Community Facilities District SA 5 18,071,000 Totals for Eastmark Community Facilities District 5 18,071,000 Electrical District #7 0 Totals for Electrical District #7 0 Estrella Mountain Ranch Community Facilities District General Obligation 2 17,755,000 2,840,000 SA 5 32,626,000 10,297,000 Totals for Estrella Mountain Ranch Community Facilities District 7 50,381,000 13,137,000 Festival Ranch Community Facilities District General Obligation 6 17,135,000 3,905,000 SA 6 6,046,000 2,939,850 Totals for Festival Ranch Community Facilities District 12 23,181,000 6,844,850 Fountain Hills Sanitary District 0 0 Totals for Fountain Hills Sanitary District 0 0 Goldfield Ranch Fire District 0 Totals for Goldfield Ranch Fire District 0 Goodyear CFD - General General Obligation 5 Totals for Goodyear CFD - General 5 Page: 101 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Goodyear CFD - Utlities General Obligation 8 76,350,000 Totals for Goodyear CFD - Utlities 8 76,350,000 OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 12,350,000 21,770,000 42,230,000 1,475,000 2,187,859 24,872,314 12,350,000 21,770,000 42,230,000 1,475,000 2,187,859 24,872,314 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,065,000 0 1,480,000 0 0 0 1,065,000 0 1,480,000 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 Groves at Superstition Ranch IWDD #40 0 0 Totals for Groves at Superstition Ranch IWDD #40 0 0 Groves of Hermosa Vista IWDD #41 0 0 Totals for Groves of Hermosa Vista IWDD #41 0 0 Harquahala Valley Fire District 0 Totals for Harquahala Valley Fire District 0 AMOUNT REFUNDED TO DATE Harquahala Valley Irrigation District 0 0 Totals for Harquahala Valley Irrigation District 0 0 Harquahala Valley Power District 0 0 Totals for Harquahala Valley Power District 0 0 Hoffman Terrace Irrigation WDD #3 1 0 Totals for Hoffman Terrace Irrigation WDD #3 1 0 Jackrabbit Trail Improvement District SA 1 2,545,000 Totals for Jackrabbit Trail Improvement District 1 2,545,000 King Ranch Community Facilities District 0 0 Totals for King Ranch Community Facilities District 0 0 Lamar Irrigation Water Delivery District #30 0 0 Totals for Lamar Irrigation Water Delivery District #30 0 0 Laveen Fire District 0 Totals for Laveen Fire District 0 Page: 102 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Leroy Vista Irrigation Water Delivery District #12 0 0 0 Totals for Leroy Vista Irrigation Water Delivery District #12 0 0 0 Little Creek Land Company Domestic WID 0 0 Totals for Little Creek Land Company Domestic WID 0 0 OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 Long Manor Irrigation Water Delivery District #52 0 0 0 Totals for Long Manor Irrigation Water Delivery District #52 0 0 0 Longhorn Ranch IWDD #51 0 Totals for Longhorn Ranch IWDD #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 Los Olivos Irrigation Water Delivery District #1 0 0 0 Totals for Los Olivos Irrigation Water Delivery District #1 0 0 0 Madison Park Irrigation WDD #22 0 Totals for Madison Park Irrigation WDD #22 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9,130,000 0 16,010,000 0 439,128 1,428,420 9,130,000 0 16,010,000 0 439,128 1,428,420 1,963,051 0 16,743,517 81,668 624,991 709,243 1,963,051 0 16,743,517 81,668 624,991 709,243 Magma Flood Control District 0 Totals for Magma Flood Control District 0 Maricopa County Flood Control District 0 0 Totals for Maricopa County Flood Control District 0 0 Maricopa County Special Health Care District 0 0 Totals for Maricopa County Special Health Care District 0 0 Maricopa County Stadium District Revenue 1 25,140,000 Totals for Maricopa County Stadium District 1 25,140,000 Maricopa Water District Revenue 2 19,900,000 Totals for Maricopa Water District 2 19,900,000 Page: 103 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES Marley Park CFD General Obligation 3 Totals for Marley Park CFD 3 ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 8,710,000 1,595,000 0 7,115,000 220,000 453,868 3,654,500 8,710,000 1,595,000 0 7,115,000 220,000 453,868 3,654,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,150,000 0 8,405,000 1,055,000 0 0 3,150,000 0 8,405,000 1,055,000 0 0 7,555,000 0 39,610,000 1,425,000 2,116,931 17,612,193 7,555,000 0 39,610,000 1,425,000 2,116,931 17,612,193 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,435,000 0 0 0 0 0 4,435,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 McDowell Homes IWDD #7 0 Totals for McDowell Homes IWDD #7 0 McDowell Mountain Ranch CFD General Obligation 1 11,555,000 Totals for McDowell Mountain Ranch CFD 1 11,555,000 McDowell Road Commercial Corridor ID SA 1 47,165,000 Totals for McDowell Road Commercial Corridor ID 1 47,165,000 McMicken Irrigation District 0 Totals for McMicken Irrigation District 0 Miller Road Improvement District SA 1 4,435,000 Totals for Miller Road Improvement District 1 4,435,000 Mobile Gardens Domestic WID 0 Totals for Mobile Gardens Domestic WID 0 Morrison Ranch Irrigation WDD #49 0 0 Totals for Morrison Ranch Irrigation WDD #49 0 0 Myrtle Park IWDD #10 0 Totals for Myrtle Park IWDD #10 0 New State Irrigation and Drainage District 0 0 Totals for New State Irrigation and Drainage District 0 0 Ocotillo Water Conservation District #68 0 0 Totals for Ocotillo Water Conservation District #68 0 0 Page: 104 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Olivewood Estates Irrigation WDD #29 0 0 Totals for Olivewood Estates Irrigation WDD #29 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 0 6,965,000 230,000 387,451 3,300,418 0 6,965,000 230,000 387,451 3,300,418 0 0 0 0 0 0 0 0 0 0 0 0 2,095,000 0 2,855,000 0 128,563 1,439,475 2,095,000 0 2,855,000 0 128,563 1,439,475 850,000 0 18,370,000 430,000 887,800 2,993,736 850,000 0 18,370,000 430,000 887,800 2,993,736 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 No. 3 General Obligation 2 8,540,000 1,575,000 Totals for Palm Valley Community Facilities District No. 3 2 8,540,000 1,575,000 Paloma Irrigation and Drainage District 0 0 Totals for Paloma Irrigation and Drainage District 0 0 Peoria Improvement District 0601 SA 1 4,950,000 Totals for Peoria Improvement District 0601 1 4,950,000 Phoenix Mesa Gateway Airport Authority Revenue 1 19,220,000 Totals for Phoenix Mesa Gateway Airport Authority 1 19,220,000 Puerto Cuatro IWDD #46 0 Totals for Puerto Cuatro IWDD #46 0 Queen Creek IWDD #32 0 Totals for Queen Creek IWDD #32 0 Queen Creek Irrigation District 0 Totals for Queen Creek Irrigation District 0 Rancho Solano Improvement District 0 0 Totals for Rancho Solano Improvement District 0 0 Rancho-Grande & Landerwood IWDD #24 0 0 Totals for Rancho-Grande & Landerwood IWDD #24 0 0 Ranchos Jardines IWDD #34 0 Totals for Ranchos Jardines IWDD #34 0 Page: 105 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Rio Verde Fire District 0 Totals for Rio Verde Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,375,000 4,320,000 0 1,055,000 420,000 0 0 5,375,000 4,320,000 0 1,055,000 420,000 0 0 475,000 0 3,330,000 115,000 0 0 475,000 0 3,330,000 115,000 0 0 2,930,000 0 4,440,000 0 186,900 1,775,293 2,930,000 0 4,440,000 0 186,900 1,775,293 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Roosevelt Irrigation District 0 Totals for Roosevelt Irrigation District 0 Roosevelt Water Conservation District 0 0 Totals for Roosevelt Water Conservation District 0 0 Rose Lane IWDD #28 0 Totals for Rose Lane IWDD #28 0 San Tan Irrigation District 0 Totals for San Tan Irrigation District 0 Scottsdale Mountain CFD General Obligation 1 Totals for Scottsdale Mountain CFD 1 Scottsdale Waterfront Commercial CFD General Obligation 1 3,805,000 Totals for Scottsdale Waterfront Commercial CFD 1 3,805,000 Spectrum Improvement District SA 1 7,370,000 Totals for Spectrum Improvement District 1 7,370,000 Spectrum Irrigation Water Delivery District #48 0 0 Totals for Spectrum Irrigation Water Delivery District #48 0 0 St. Johns Irrigation District 0 Totals for St. Johns Irrigation District 0 Summer Mesa IWDD #50 0 Totals for Summer Mesa IWDD #50 0 Page: 106 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Sun City Fire District 0 Totals for Sun City Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7,675,000 16,464,000 5,175,000 0 21,270,000 4,061,000 525,000 597,000 0 0 0 0 24,139,000 5,175,000 25,331,000 1,122,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7,023,000 243,000 0 0 0 7,023,000 243,000 0 0 0 605,000 580,000 59,250 3,974,669 0 605,000 580,000 59,250 3,974,669 14,595,000 0 21,175,000 2,755,000 1,129,758 12,716,174 14,595,000 0 21,175,000 2,755,000 1,129,758 12,716,174 Sun City West Fire District 0 Totals for Sun City West Fire District 0 Sun Lakes Fire District 0 Totals for Sun Lakes Fire District 0 Sun View Estates I IWDD #55 0 Totals for Sun View Estates I IWDD #55 0 Sun View Estates II IWDD #54 0 Totals for Sun View Estates II IWDD #54 0 Sunburst Farms Irrigation District 0 0 Totals for Sunburst Farms Irrigation District 0 0 Sundance Community Facilities District General Obligation 5 34,120,000 SA 3 20,525,000 Totals for Sundance Community Facilities District 8 54,645,000 Tanner Groves IWDD #37 L or 3P 1 TammyFPT@c 1 Totals for Tanner Groves IWDD #37 2 Tartesso West Community Facilities District General Obligation 2 8,860,000 1,837,000 Totals for Tartesso West Community Facilities District 2 8,860,000 1,837,000 Tatum Ranch Community Facilities District General Obligation 1 7,705,000 7,100,000 Totals for Tatum Ranch Community Facilities District 1 7,705,000 7,100,000 Tempe Improvement Districts SA 3 35,770,000 Totals for Tempe Improvement Districts 3 35,770,000 Page: 107 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Thoroughbred Farms IWDD #43 0 Totals for Thoroughbred Farms IWDD #43 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 497,000 282,698 0 214,302 37,192 8,508 49,213 497,000 282,698 0 214,302 37,192 8,508 49,213 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 199,230,000 14,020,000 10,219,206 37,970,435 0 199,230,000 14,020,000 10,219,206 37,970,435 12,755,000 20,400,000 48,845,000 2,475,000 0 0 12,755,000 20,400,000 48,845,000 2,475,000 0 0 3,200,000 0 9,800,000 600,000 49,223 2,456,636 3,200,000 0 9,800,000 600,000 49,223 2,456,636 0 1,530,000 170,000 0 0 0 1,530,000 170,000 0 0 510,000 0 3,430,000 260,000 110,635 178,556 510,000 0 3,430,000 260,000 110,635 178,556 Tonopah Irrigation District 0 Totals for Tonopah Irrigation District 0 Tonopah Valley Fire District 0 Totals for Tonopah Valley Fire District 0 Tonto Hills Domestic WID SA 1 Totals for Tonto Hills Domestic WID 1 Tres Palmas IWDD #6 0 Totals for Tres Palmas IWDD #6 0 Turney Tract Irrigation Water Delivery District #15 0 0 0 Totals for Turney Tract Irrigation Water Delivery District #15 0 0 0 Valley Metro Regional Public Transportation Revenue 2 215,075,000 32,215,000 Totals for Valley Metro Regional Public Transportation 2 215,075,000 32,215,000 Verrado Community Facilities District General Obligation 5 82,000,000 Totals for Verrado Community Facilities District 5 82,000,000 Verrado Western Overlay CFD General Obligation 1 13,000,000 Totals for Verrado Western Overlay CFD 1 13,000,000 Via Linda Road Community Facilities District General Obligation 1 2,000,000 470,000 Totals for Via Linda Road Community Facilities District 1 2,000,000 470,000 Village at Litchfield Park CFD General Obligation 1 3,940,000 Totals for Village at Litchfield Park CFD 1 3,940,000 Page: 108 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Vistancia Community Facilities District CFD 4 67,595,000 19,230,000 Totals for Vistancia Community Facilities District 4 67,595,000 19,230,000 PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 48,365,000 0 2,711,311 32,693,229 0 48,365,000 0 2,711,311 32,693,229 0 33,094,000 1,678,000 0 0 0 33,094,000 1,678,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,565,000 2,130,000 0 0 6,025,000 1,670,000 215,000 172,000 0 0 0 0 3,695,000 0 7,695,000 387,000 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 0 965,000 60,000 63,021 1,106,243 0 965,000 60,000 63,021 1,106,243 0 760,000 60,000 47,418 1,143,624 0 760,000 60,000 47,418 1,143,624 Watson Road Community Facilities District SA 1 49,000,000 15,906,000 Totals for Watson Road Community Facilities District 1 49,000,000 15,906,000 Western Meadows Irrigation District 0 0 Totals for Western Meadows Irrigation District 0 0 Westpark Community Facilities District General Obligation 3 7,590,000 SA 1 3,800,000 Totals for Westpark Community Facilities District 4 11,390,000 Whitcombs Roundup Ranchos IWDD #42 0 0 Totals for Whitcombs Roundup Ranchos IWDD #42 0 0 Wickenburg Rural Fire District 0 Totals for Wickenburg Rural Fire District 0 OUTSTANDING PRINCIPAL Wildflower Ranch Community Facilities District No. 2 General Obligation 2 1,490,000 525,000 Totals for Wildflower Ranch Community Facilities District No. 2 2 1,490,000 525,000 Wildflower Ranch Community Facilities District General Obligation 2 1,400,000 640,000 Totals for Wildflower Ranch Community Facilities District 2 1,400,000 640,000 Windsor Square IWDD #27 0 Totals for Windsor Square IWDD #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 Wittmann Fire District 0 Totals for Wittmann Fire District 0 Woodlea Irrigation Water Delivery District #2 0 0 Totals for Woodlea Irrigation Water Delivery District #2 0 0 Page: 109 TABLE 27 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MARICOPA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL Woolsey Flood Protection District 0 0 Totals for Woolsey Flood Protection District 0 0 Totals for Maricopa County General Oblication 63 Revenue 7 Other 39 Grand Totals 109 370,385,000 283,706,000 300,842,929 954,933,929 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 77,107,000 47,425,131 100,637,232 225,169,363 60,525,000 0 0 60,525,000 232,753,000 251,457,437 200,205,697 684,416,134 11,158,000 14,851,830 8,014,523 34,024,353 5,403,790 12,265,304 8,007,186 25,676,281 64,715,291 46,671,389 83,855,541 195,242,221 Page: 110 TABLE 28 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MOHAVE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Beaver Dam/Littlefield Fire District 0 0 Totals for Beaver Dam/Littlefield Fire District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 20,091,726 0 586,617 10,612,003 0 20,091,726 0 586,617 10,612,003 0 56,000 0 7,301 23,081 0 56,000 0 7,301 23,081 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Bullhead City Fire District 1 Totals for Bullhead City Fire District 1 Bullhead City Pest Abatement District 0 0 Totals for Bullhead City Pest Abatement District 0 0 Bullhead City Sewer Improvement District. SA 3 62,846,424 42,754,698 Totals for Bullhead City Sewer Improvement District. 3 62,846,424 42,754,698 Centennial Park Domestic Water Improvement District SA 1 180,000 124,000 Totals for Centennial Park Domestic Water Improvement District 1 180,000 124,000 Chloride Domestic Water Improvement District 0 0 Totals for Chloride Domestic Water Improvement District 0 0 Colorado City Fire District 0 Totals for Colorado City Fire District 0 Crystal Beach Water Conservation 0 0 Totals for Crystal Beach Water Conservation 0 0 Desert Hills Fire District 0 Totals for Desert Hills Fire District 0 Desert Sky Domestic Water Improvement District 0 0 Totals for Desert Sky Domestic Water Improvement District 0 0 Fort Mojave Mesa Fire District 0 Totals for Fort Mojave Mesa Fire District 0 Page: 111 TABLE 28 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MOHAVE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Golden Shores Fire District 0 Totals for Golden Shores 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 1 0 SA 1 529,700 Totals for Havasu Heights Domestic Water 2 529,700 0 347,567 0 0 0 182,133 0 0 0 8,693 0 280,147 347,567 0 182,133 0 8,693 280,147 11,280,000 0 0 0 65,725 4,243,899 11,280,000 0 0 0 65,725 4,243,899 0 75,000 10,000 5,300 1,077,220 0 75,000 10,000 5,300 1,077,220 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 906,791 0 4,098,209 17,278 143,005 866,841 906,791 0 4,098,209 17,278 143,005 866,841 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Golden Shores Water Conservation 0 0 Totals for Golden Shores Water Conservation 0 0 Golden Valley Fire District 0 Totals for Golden Valley Fire District 0 Havasu Heights Domestic Water Hospital District #1Mohave County General Obligation 1 11,280,000 Totals for Hospital District #1Mohave County 1 11,280,000 Lake Havasu Irrigation and Drainage District SA 2 6,920,000 6,845,000 Totals for Lake Havasu Irrigation and Drainage District 2 6,920,000 6,845,000 Lake Mohave Ranchos Fire District 0 0 Totals for Lake Mohave Ranchos Fire District 0 0 Moccasin Domestic Water District 0 0 Totals for Moccasin Domestic Water District 0 0 Mohave County Airport Authority 3P 2 5,005,000 Totals for Mohave County Airport Authority 2 5,005,000 Mohave Valley Fire District 0 Totals for Mohave Valley Fire District 0 Mohave Valley Irrigation & Drainage District 0 0 Totals for Mohave Valley Irrigation & Drainage District 0 0 Page: 112 TABLE 28 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN MOHAVE COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Mohave Water Conservation District 0 0 Totals for Mohave Water Conservation District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 48,759 504,483 650,523 0 100,748 140,517 459 15,000 1,291 13,822 7,479 261,489 553,242 650,523 241,265 15,459 15,113 268,968 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11,280,000 800,000 76,126,124 88,206,124 11,280,000 48,759 51,482,539 62,811,298 0 650,523 0 650,523 0 100,748 24,643,585 24,744,333 0 459 42,278 42,737 65,725 1,291 764,737 831,753 4,243,899 7,479 13,120,780 17,372,158 Northern Arizona Consolidated Fire District 0 0 Totals for Northern Arizona Consolidated Fire District 0 0 Oatman Fire District 0 Totals for Oatman Fire District 0 Pine Lake Fire District 0 Totals for Pine Lake Fire District 0 Pinion Pine Fire District 0 Totals for Pinion Pine Fire District 0 SoHi Domestic Water District Revenue 1 800,000 SA 1 645,000 Totals for SoHi Domestic Water District 2 1,445,000 Topock / Golden Shores Sanitary District 0 0 Totals for Topock / Golden Shores Sanitary District 0 0 Yucca Fire District 0 Totals for Yucca Fire District 0 Totals for Mohave County General Oblication 1 Revenue 1 Other 12 Grand Totals 14 Page: 113 TABLE 29 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Bucking Horse Improvement District SA 1 524,000 Totals for Bucking Horse Improvement District 1 524,000 OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 279,000 0 245,000 53,000 17,135 175,539 279,000 0 245,000 53,000 17,135 175,539 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,190,910 217,755 93,958 879,256 30,718 18,199 124,872 1,190,910 217,755 93,958 879,256 30,718 18,199 124,872 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 128,655 0 166,345 30,266 10,322 49,030 128,655 0 166,345 30,266 10,322 49,030 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Clay Springs Domestic Water Improvement 0 0 Totals for Clay Springs Domestic Water Improvement 0 0 Clay Springs-Pinedale Fire District 0 0 Totals for Clay Springs-Pinedale Fire District 0 0 Fawnbrook Domestic WID SA 1 Totals for Fawnbrook Domestic WID 1 AMOUNT REFUNDED TO DATE Heber Domestic Water Improvement District 0 0 Totals for Heber Domestic Water Improvement District 0 0 Heber-Overgaard Fire District 0 Totals for Heber-Overgaard Fire District 0 HeberOvergaard Sanitary District 0 0 Totals for HeberOvergaard Sanitary District 0 0 Hilltop Drive Improvement District SA 1 295,000 Totals for Hilltop Drive Improvement District 1 295,000 Joseph City Domestic WID 0 Totals for Joseph City Domestic WID 0 Joseph City Fire District 0 Totals for Joseph City Fire District 0 Joseph City Sanitary District 0 Totals for Joseph City Sanitary District 0 Page: 114 TABLE 29 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Joseph City Street Light District 0 0 Totals for Joseph City Street Light District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 43,313 0 0 3,061 83 7,118 43,313 0 0 3,061 83 7,118 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 116,347 0 85,495 19,681 5,130 36,141 116,347 0 85,495 19,681 5,130 36,141 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24,315 7,767 1,410 15,627 0 24,315 7,767 1,410 15,627 0 0 0 0 0 0 0 0 0 0 0 0 930,000 0 4,350,000 0 333,187 2,342,693 930,000 0 4,350,000 0 333,187 2,342,693 136,358 0 33,181 9,999 2,213 119,858 136,358 0 33,181 9,999 2,213 119,858 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Madison Lane Circle Improvement SA 1 43,313 Totals for Madison Lane Circle Improvement 1 43,313 McLaws Road Fire District 1 David Shum 1 Totals for McLaws Road Fire District 2 Misty Mountain Domestic WID 0 Totals for Misty Mountain Domestic WID 0 Mountain View Improvement District SA 1 201,842 Totals for Mountain View Improvement District 1 201,842 Navapache Hospital District 0 Totals for Navapache Hospital District 0 North Whistle Stop Loop Improvement District SA 1 85,280 60,965 Totals for North Whistle Stop Loop Improvement District 1 85,280 60,965 Pinedale Domestic Water Improvement District 0 0 Totals for Pinedale Domestic Water Improvement District 0 0 Pinetop Volunteer Fire District COP 1 5,280,000 Totals for Pinetop Volunteer Fire District 1 5,280,000 Pinetop-Lakeside Sanitary District SA 1 169,539 Totals for Pinetop-Lakeside Sanitary District 1 169,539 Porter Creek Domestic WID 0 Totals for Porter Creek Domestic WID 0 Page: 115 TABLE 29 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Porter Mountain Domestic WID SA 1 186,008 Totals for Porter Mountain Domestic WID 1 186,008 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 79,398 0 106,610 4,000 5,076 117,902 79,398 0 106,610 4,000 5,076 117,902 156,804 0 27,321 13,660 2,295 54,019 156,804 0 27,321 13,660 2,295 54,019 0 2,385,000 246,881 146,881 1,081,171 0 2,385,000 246,881 146,881 1,081,171 5,630,000 0 0 123,825 3,825 3,940,875 5,630,000 0 0 123,825 3,825 3,940,875 3,770,000 0 1,175,000 472,200 82,200 3,339,725 3,770,000 0 1,175,000 472,200 82,200 3,339,725 386,000 0 214,000 78,943 14,943 179,957 386,000 0 214,000 78,943 14,943 179,957 866,950 0 285,000 130,000 22,410 391,815 866,950 0 285,000 130,000 22,410 391,815 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 229,444 0 16,306 16,306 1,518 63,850 229,444 0 16,306 16,306 1,518 63,850 0 0 0 0 0 0 0 0 0 0 0 0 Scott's Pine Tract A Improvement District SA 1 184,124 Totals for Scott's Pine Tract A Improvement District 1 184,124 Show Low Bluff Community Facilities district SA 3 2,944,000 559,000 Totals for Show Low Bluff Community Facilities district 3 2,944,000 559,000 Show Low Improvement District #5 SA 1 5,630,000 Totals for Show Low Improvement District #5 1 5,630,000 Show Low Improvement District #6 SA 1 4,945,000 Totals for Show Low Improvement District #6 1 4,945,000 Show Low Improvement District #7 SA 1 600,000 Totals for Show Low Improvement District #7 1 600,000 Shumway Road Improvement District SA 1 1,150,000 Totals for Shumway Road Improvement District 1 1,150,000 Sky-Hi Domestic WID 0 Totals for Sky-Hi Domestic WID 0 Sun Valley Fire District 0 Totals for Sun Valley Fire District 0 Sutter Drive Improvement District SA 1 245,750 Totals for Sutter Drive Improvement District 1 245,750 Timber Mesa Fire and Medical District 0 0 Totals for Timber Mesa Fire and Medical District 0 0 Page: 116 TABLE 29 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN NAVAJO COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Timberland Acres Domestic WID SA 1 40,000 Totals for Timberland Acres Domestic WID 1 40,000 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 6,371 0 33,629 6,371 726 726 6,371 0 33,629 6,371 726 726 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,834,004 0 301,446 98,000 19,972 2,671,607 1,834,004 0 301,446 98,000 19,972 2,671,607 122,125 0 58,827 17,906 4,408 50,186 122,125 0 58,827 17,906 4,408 50,186 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 26,031,168 26,031,168 15,552,486 15,552,486 93,958 93,958 10,386,732 10,386,732 1,362,585 1,362,585 691,933 691,933 14,762,711 14,762,711 Timberland Acres Special Road District #1 0 0 Totals for Timberland Acres Special Road District #1 0 0 White Mountain Lake Fire District 0 0 Totals for White Mountain Lake Fire District 0 0 White Mountain Lake Special Road District #2 0 0 Totals for White Mountain Lake Special Road District #2 0 0 White Mountain Summer Home SA 1 2,135,450 Totals for White Mountain Summer Home 1 2,135,450 Wonderland Acres Domestic WID SA 1 180,952 Totals for Wonderland Acres Domestic WID 1 180,952 Woodruff Fire District 0 Totals for Woodruff Fire District 0 Woodruff Irrigation District 0 Totals for Woodruff Irrigation District 0 Totals for Navajo County Other 23 Grand Totals 23 Page: 117 TABLE 30 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PIMA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Ajo-Lukeville Health Services District 0 0 Totals for Ajo-Lukeville Health Services District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 550,000 0 2,985,000 198,179 13,039 239,845 550,000 0 2,985,000 198,179 13,039 239,845 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7,720,000 0 4,185,000 0 332,438 0 7,720,000 0 4,185,000 0 332,438 0 2,995,000 0 915,000 530,000 29,107 694,577 2,995,000 0 915,000 530,000 29,107 694,577 0 0 0 0 0 0 0 0 0 0 0 0 9,430,000 1,345,000 0 8,085,000 250,000 457,903 4,041,879 9,430,000 1,345,000 0 8,085,000 250,000 457,903 4,041,879 10,100,000 5,227,505 8,520,000 829,088 521,357 5,341,658 10,100,000 5,227,505 8,520,000 829,088 521,357 5,341,658 19,290,000 53,325,000 0 0 1,366,400 30,553,732 19,290,000 53,325,000 0 0 1,366,400 30,553,732 Arivaca Fire District 0 Totals for Arivaca Fire District 0 Avra Valley Fire District General Obligation 2 3,535,000 Totals for Avra Valley Fire District 2 3,535,000 Corona De Tucson Fire District 0 Totals for Corona De Tucson Fire District 0 Cortaro-Marana Irrigation District 0 0 Totals for Cortaro-Marana Irrigation District 0 0 Dove Mountain Resort CFD SA 1 11,905,000 Totals for Dove Mountain Resort CFD 1 11,905,000 Drexel Heights Fire District General Obligation 3 3,910,000 Totals for Drexel Heights Fire District 3 3,910,000 Flowing Wells Irrigation District 0 0 Totals for Flowing Wells Irrigation District 0 0 Gladden Farms CFD General Obligation 4 Totals for Gladden Farms CFD 4 Golder Ranch Fire District General Obligation 3 18,620,000 Totals for Golder Ranch Fire District 3 18,620,000 Green Valley Domestic WID MPC 1 71,615,000 Totals for Green Valley Domestic WID 1 71,615,000 Page: 118 TABLE 30 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PIMA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Green Valley Fire District COP 1 10,000,000 Totals for Green Valley Fire District 1 10,000,000 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 2,930,000 0 7,070,000 225,000 324,868 2,848,803 2,930,000 0 7,070,000 225,000 324,868 2,848,803 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,901,160 30,557,710 0 0 598,840 58,845,737 131,694 4,728,560 40,250 1,598,884 1,364,262 19,139,214 32,458,870 0 59,444,577 4,860,254 1,639,134 20,503,476 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11,125,000 8,215,000 26,400,000 1,260,000 1,550,694 13,174,591 11,125,000 8,215,000 26,400,000 1,260,000 1,550,694 13,174,591 598,000 0 1,887,000 97,000 112,096 864,408 598,000 0 1,887,000 97,000 112,096 864,408 0 10,070,000 425,000 578,973 5,804,618 0 10,070,000 425,000 578,973 5,804,618 0 0 0 0 0 0 0 0 0 0 0 0 Hidden Valley Fire District 0 Totals for Hidden Valley Fire District 0 Marana Domestic Water Improvement District 0 0 Totals for Marana Domestic Water Improvement District 0 0 Metropolitan Domestic WID 3P 1 2,500,000 Revenue 9 89,403,446 Totals for Metropolitan Domestic WID 10 91,903,446 Mountain Vista Fire District 0 Totals for Mountain Vista Fire District 0 Mt. Lemmon Domestic Water Improvement District 1 0 Totals for Mt. Lemmon Domestic Water Improvement District 1 0 Mt. Lemmon Fire District 0 Totals for Mt. Lemmon Fire District 0 Northwest Fire District General Obligation 4 45,740,000 Totals for Northwest Fire District 4 45,740,000 Picture Rocks Fire District General Obligation 1 2,485,000 Totals for Picture Rocks Fire District 1 2,485,000 Quail Creek Community Facilities District General Obligation 1 12,660,000 2,590,000 Totals for Quail Creek Community Facilities District 1 12,660,000 2,590,000 Rancho Sahuarita Community Facilities District 1 0 Totals for Rancho Sahuarita Community Facilities District 1 0 Page: 119 TABLE 30 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PIMA COUNTY SPECIAL DISTRICT NAME # OF ISSUES Red Hawk Canyon CFD SA 1 Totals for Red Hawk Canyon CFD 1 ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 6,730,000 5,170,000 0 1,560,000 0 101,888 2,955,817 6,730,000 5,170,000 0 1,560,000 0 101,888 2,955,817 0 229,465,000 16,200,000 11,384,826 29,536,765 0 229,465,000 16,200,000 11,384,826 29,536,765 2,150,000 0 4,565,000 355,000 221,394 1,623,893 2,150,000 0 4,565,000 355,000 221,394 1,623,893 0 0 11,015,000 67,435,000 810,000 4,020,000 4,243,394 484,863 2,877,180 29,877,409 0 78,450,000 4,830,000 4,728,256 32,754,589 Regional Transportation Authority of Pima County General Obligation 2 266,575,000 37,110,000 Totals for Regional Transportation Authority of Pima County 2 266,575,000 37,110,000 Rincon Valley Fire District General Obligation 2 6,715,000 Totals for Rincon Valley Fire District 2 6,715,000 Rio Nuevo Multipurpose Facilities District COP 1 12,560,000 785,000 RB 1 80,000,000 3,870,000 Totals for Rio Nuevo Multipurpose Facilities District 2 92,560,000 4,655,000 Sabino Vista Fire District 0 Totals for Sabino Vista Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17,195,000 51,000 820,571 8,788,681 0 17,195,000 51,000 820,571 8,788,681 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,235,000 0 1,135,000 260,000 23,925 272,793 1,235,000 0 1,135,000 260,000 23,925 272,793 20,345,000 0 53,345,000 2,585,000 2,819,690 38,925,969 20,345,000 0 53,345,000 2,585,000 2,819,690 38,925,969 0 0 0 0 0 0 0 0 0 0 0 0 Tangerine Farms Road Improvement District SA 1 25,774,000 8,579,000 Totals for Tangerine Farms Road Improvement District 1 25,774,000 8,579,000 Tanque Verde Valley Fire District 0 0 Totals for Tanque Verde Valley Fire District 0 0 Three Canyons Domestic Water Improvement District 0 0 0 Totals for Three Canyons Domestic Water Improvement District 0 0 0 Three Points Fire District BO 1 2,370,000 Totals for Three Points Fire District 1 2,370,000 Tucson Airport Authority Revenue 2 73,690,000 Totals for Tucson Airport Authority 2 73,690,000 Tucson Country Club Estates Fire District 0 0 Totals for Tucson Country Club Estates Fire District 0 0 Page: 120 TABLE 30 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PIMA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Why Fire District 0 Totals for Why Fire District 0 Totals for Pima County General Oblication Revenue Other Grand Totals 22 11 11 44 0 0 0 0 0 0 0 0 0 0 0 0 0 0 369,670,000 163,093,446 223,454,000 756,217,446 68,563,000 50,902,710 51,480,160 170,945,870 13,442,505 0 53,325,000 66,767,505 292,892,000 112,190,737 110,193,840 515,276,577 20,144,267 7,313,560 5,497,694 32,955,521 14,869,388 4,418,574 7,738,595 27,026,557 61,322,235 58,065,182 79,538,676 198,926,093 Page: 121 TABLE 31 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Antelope Peak Domestic WID 0 Totals for Antelope Peak Domestic WID 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,559,829 0 8,621,669 0 232,775 1,316,797 2,559,829 0 8,621,669 0 232,775 1,316,797 410,000 0 915,000 60,000 43,587 449,153 410,000 0 915,000 60,000 43,587 449,153 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,250,000 0 0 0 0 266,053 2,250,000 0 0 0 0 266,053 71,615,000 12,290,000 53,325,000 0 0 1,366,400 30,553,732 71,615,000 12,290,000 53,325,000 0 0 1,366,400 30,553,732 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,280,000 0 17,635,000 0 768,260 6,277,360 3,280,000 0 17,635,000 0 768,260 6,277,360 8,150,000 0 128,085,000 23,000,000 6,396,406 21,816,788 8,150,000 0 128,085,000 23,000,000 6,396,406 21,816,788 Apache Junction Water CFD 3P 3 11,181,498 Totals for Apache Junction Water CFD 3 11,181,498 Arizona City Fire District General Obligation 1 1,325,000 Totals for Arizona City Fire District 1 1,325,000 Arizona City Sanitary District 1 Totals for Arizona City Sanitary District 1 Central AZ Irrigation & Drainage Revenue 1 2,250,000 Totals for Central AZ Irrigation & Drainage 1 2,250,000 City of Florence MPC MPC 1 Totals for City of Florence MPC 1 Cottonwood Gardens SLID 0 Totals for Cottonwood Gardens SLID 0 Desert Vista Sanitary District 1 Totals for Desert Vista Sanitary District 1 Desert Vista Unit 6 SLID 0 Totals for Desert Vista Unit 6 SLID 0 Electrical District #2 of Pinal County Revenue 1 20,915,000 Totals for Electrical District #2 of Pinal County 1 20,915,000 Electrical District #3 of Pinal County Revenue 2 136,235,000 Totals for Electrical District #3 of Pinal County 2 136,235,000 Page: 122 TABLE 31 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Electrical District #4 of Pinal County Revenue 2 35,355,000 Totals for Electrical District #4 of Pinal County 2 35,355,000 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 1,660,000 15,810,000 0 0 475,600 6,349,437 1,660,000 15,810,000 0 0 475,600 6,349,437 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 218,487 224,100 1,056 6,800 6,411 10,391 43,416 237,393 0 442,587 7,856 16,802 280,809 Electrical District #5 of Pinal County 0 0 Totals for Electrical District #5 of Pinal County 0 0 Electrical District #6 0 Totals for Electrical District #6 0 Eloy Fire District 0 Totals for Eloy Fire District 0 Florence Flood Control District 0 Totals for Florence Flood Control District 0 Green Reservoir Flood Control District 0 0 Totals for Green Reservoir Flood Control District 0 0 HoHoKam Irrigation & Drainage District 0 0 Totals for HoHoKam Irrigation & Drainage District 0 0 Mammoth Fire District 0 Totals for Mammoth Fire District 0 Maricopa Domestic Water Improvement District Revenue 1 278,529 60,042 SA 1 313,900 89,800 Totals for Maricopa Domestic Water Improvement District 2 592,429 149,842 Maricopa Fire District General Obligation 1 Totals for Maricopa Fire District 1 3,200,000 1,665,000 0 1,535,000 215,000 84,597 1,004,937 3,200,000 1,665,000 0 1,535,000 215,000 84,597 1,004,937 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Maricopa Flood Control District 0 Totals for Maricopa Flood Control District 0 Page: 123 TABLE 31 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Maricopa Mountain Domestic WID Revenue 1 724,110 Totals for Maricopa Mountain Domestic WID 1 724,110 AMOUNT REFUNDED TO DATE Merrill Ranch CFD#2 General Obligation 2 SA 4 Totals for Merrill Ranch CFD#2 6 PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 405,860 0 318,250 27,346 3,151 20,500 405,860 0 318,250 27,346 3,151 20,500 0 566,433 157,609 31,391 342,188 0 566,433 157,609 31,391 342,188 Maricopa-Stanfield Irrigation & Drainage District Revenue 1 1,500,000 933,567 Totals for Maricopa-Stanfield Irrigation & Drainage District 1 1,500,000 933,567 Merrill Ranch CFD#1 General Obligation 1 SA 4 Totals for Merrill Ranch CFD#1 5 OUTSTANDING PRINCIPAL 4,390,000 3,297,000 530,000 1,448,400 0 0 3,860,000 1,848,600 100,000 234,290 429,210 207,251 1,921,111 1,287,130 7,687,000 1,978,400 0 5,708,600 334,290 636,461 3,208,241 5,410,000 3,587,500 730,000 1,513,710 0 0 4,680,000 2,073,790 105,000 320,170 410,363 248,301 859,510 1,508,285 8,997,500 2,243,710 0 6,753,790 425,170 658,664 2,367,795 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,090,000 0 62,585 682,541 0 1,090,000 0 62,585 682,541 Midway Flood Control District 0 Totals for Midway Flood Control District 0 Mission Royale Community Facilities District SA 1 1,335,000 245,000 Totals for Mission Royale Community Facilities District 1 1,335,000 245,000 New Magma Irrigation & Drainage 0 Totals for New Magma Irrigation & Drainage 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 33,736 0 138,669 4,497 6,411 70,271 33,736 0 138,669 4,497 6,411 70,271 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 123,820 0 1,213,505 17,543 54,533 453,921 123,820 0 1,213,505 17,543 54,533 453,921 New Saddleback Vista Domestic WID Revenue 1 172,405 Totals for New Saddleback Vista Domestic WID 1 172,405 Oracle Sanitary District 0 Totals for Oracle Sanitary District 0 Oracle Volunteer Fire District 0 Totals for Oracle Volunteer Fire District 0 Papago Butte Domestic WID Revenue 1 1,337,325 Totals for Papago Butte Domestic WID 1 1,337,325 Page: 124 TABLE 31 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL Papago Butte Irrigation WDD #4 0 Totals for Papago Butte Irrigation WDD #4 0 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 394,960 316,030 0 58,594 20,336 2,974 195,353 394,960 316,030 0 58,594 20,336 2,974 195,353 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36,607 0 214,393 0 10,276 145,283 36,607 0 214,393 0 10,276 145,283 Pinal County Flood Control District 0 0 Totals for Pinal County Flood Control District 0 0 Pinal County Health Services District 0 0 Totals for Pinal County Health Services District 0 0 Pinal County Library District 0 Totals for Pinal County Library District 0 Queen Creek DWID SA 1 Totals for Queen Creek DWID 1 Queen Valley Domestic WID 0 Totals for Queen Valley Domestic WID 0 Queen Valley Fire District 0 Totals for Queen Valley Fire District 0 Queen Valley Sanitary District 0 Totals for Queen Valley Sanitary District 0 San Carlos Irrigation & Drainage 0 0 Totals for San Carlos Irrigation & Drainage 0 0 San Manuel Fire District 0 Totals for San Manuel Fire District 0 Seven Ranches Domestic WID Revenue 1 251,000 Totals for Seven Ranches Domestic WID 1 251,000 Page: 125 TABLE 31 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Silverbell Irrigation District Revenue 1 700,000 Totals for Silverbell Irrigation District 1 700,000 Stanfield Flood Control District 0 0 Totals for Stanfield Flood Control District 0 0 Stanfield Volunteer Fire District 0 0 Totals for Stanfield Volunteer Fire District 0 0 Superstition Fire & Medical District General Obligation 1 9,500,000 Totals for Superstition Fire & Medical District 1 9,500,000 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 38,834 0 661,166 8,754 27,446 137,025 38,834 0 661,166 8,754 27,446 137,025 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,810,000 0 6,690,000 405,000 174,669 3,215,313 2,810,000 0 6,690,000 405,000 174,669 3,215,313 0 22,890,000 102,000 906,489 2,121,623 0 22,890,000 102,000 906,489 2,121,623 Superstition Mountains Community Facilities District #1 Revenue 1 26,182,000 3,292,000 Totals for Superstition Mountains Community Facilities District #1 1 26,182,000 3,292,000 Thunderbird Farms IWDD #3 0 Totals for Thunderbird Farms IWDD #3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10,487 0 2,839,513 10,487 65,275 65,275 10,487 0 2,839,513 10,487 65,275 65,275 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24,016 0 423,984 614 11,768 41,010 24,016 0 423,984 614 11,768 41,010 Thunderbird Farms Improvement District Revenue 1 2,850,000 Totals for Thunderbird Farms Improvement District 1 2,850,000 Thunderbird Fire District 0 Totals for Thunderbird Fire District 0 Thunderbird IWDD #1 0 Totals for Thunderbird IWDD #1 0 Thunderbird IWDD #2 0 Totals for Thunderbird IWDD #2 0 Valle Escondido Domestic WID Revenue 1 448,000 Totals for Valle Escondido Domestic WID 1 448,000 Page: 126 TABLE 31 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN PINAL COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL Villa Grande Improvement District 0 0 Totals for Villa Grande Improvement District 0 0 Villago Community Facilities District SA 3 3,405,000 Totals for Villago Community Facilities District 3 3,405,000 Totals for Pinal County General Oblication 6 Revenue 16 Other 20 Grand Totals 42 23,825,000 229,198,369 95,129,858 348,153,227 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 575,000 0 2,830,000 0 175,040 981,675 575,000 0 2,830,000 0 175,040 981,675 6,145,000 20,298,970 19,037,769 45,481,739 0 15,810,000 53,325,000 69,135,000 17,680,000 175,204,399 16,746,753 209,631,153 885,000 23,329,906 581,596 24,796,502 1,142,425 8,763,417 2,305,717 12,211,559 7,450,023 38,150,149 36,762,906 82,363,078 Page: 127 TABLE 32 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN SANTA CRUZ COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL Nogales Suburban Fire District 0 Totals for Nogales Suburban Fire District 0 Rio Rico Fire District General Obligation 2 Totals for Rio Rico Fire District 2 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,530,000 705,000 0 4,825,000 91,000 267,356 1,682,161 5,530,000 705,000 0 4,825,000 91,000 267,356 1,682,161 9,405,000 0 35,185,000 1,480,000 1,766,506 13,327,495 9,405,000 0 35,185,000 1,480,000 1,766,506 13,327,495 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6,795,000 1,780,000 0 5,015,000 275,000 277,281 1,701,741 6,795,000 1,780,000 0 5,015,000 275,000 277,281 1,701,741 56,915,000 56,915,000 11,890,000 11,890,000 0 0 45,025,000 45,025,000 1,846,000 1,846,000 2,311,144 2,311,144 16,711,397 16,711,397 Santa Cruz County Jail District General Obligation 1 44,590,000 Totals for Santa Cruz County Jail District 1 44,590,000 Sonoita Elgin Fire District 0 Totals for Sonoita Elgin Fire District 0 Tubac Fire District General Obligation 1 Totals for Tubac Fire District 1 Totals for Santa Cruz County General Oblication 4 Grand Totals 4 Page: 128 TABLE 33 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE American Ranch Domestic WID 0 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 0 221,413 0 5,284,487 217,832 15,223 16,710 221,413 0 5,284,487 217,832 15,223 16,710 0 0 0 0 0 0 0 0 0 0 0 0 95,600 0 765,400 51,178 32,163 197,039 95,600 0 765,400 51,178 32,163 197,039 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,579,235 0 8,022,764 523,134 269,827 2,264,097 4,579,235 0 8,022,764 523,134 269,827 2,264,097 5,980,000 5,400,000 11,770,000 840,000 458,510 6,014,922 5,980,000 5,400,000 11,770,000 840,000 458,510 6,014,922 Ash Fork Fire District 0 Totals for Ash Fork Fire District 0 Ash Fork Sanitary District 0 Totals for Ash Fork Sanitary District 0 Big Park Domestic Wastewater ID RB 1 5,505,900 Totals for Big Park Domestic Wastewater ID 1 5,505,900 Black Canyon City Water Improvement District 0 0 Totals for Black Canyon City Water Improvement District 0 0 Black Canyon Fire District General Obligation 1 861,000 Totals for Black Canyon Fire District 1 861,000 Bryce Canyon Drive Domestic WWID 0 0 Totals for Bryce Canyon Drive Domestic WWID 0 0 Calvary Chapel Domestic WWID 0 Totals for Calvary Chapel Domestic WWID 0 Camp Verde Fire District 0 Totals for Camp Verde Fire District 0 Camp Verde Sanitary District 3P 4 12,602,000 Totals for Camp Verde Sanitary District 4 12,602,000 Central Yavapai Fire District SA 3 23,150,000 Totals for Central Yavapai Fire District 3 23,150,000 Page: 129 TABLE 33 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Central Yavapai Hospital District 0 0 Totals for Central Yavapai Hospital District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 1,590,000 0 3,735,000 255,000 190,445 1,833,623 1,590,000 0 3,735,000 255,000 190,445 1,833,623 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,552,000 992,000 0 560,000 80,000 38,400 1,001,387 1,552,000 992,000 0 560,000 80,000 38,400 1,001,387 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,500,000 1,420,000 680,000 400,000 140,000 42,412 1,380,457 2,500,000 1,420,000 680,000 400,000 140,000 42,412 1,380,457 Chino Valley Fire District SA 1 5,325,000 Totals for Chino Valley Fire District 1 5,325,000 Chino Valley Irrigation District 0 0 Totals for Chino Valley Irrigation District 0 0 Clarkdale Fire District 0 Totals for Clarkdale Fire District 0 Congress Domestic Water Improvement District 0 0 Totals for Congress Domestic Water Improvement District 0 0 Congress Fire District 0 Totals for Congress Fire District 0 Coyote Springs SA 1 Totals for Coyote Springs 1 Creekside Sanitary District 0 Totals for Creekside Sanitary District 0 Crown King Fire District 0 Totals for Crown King Fire District 0 Diamond Valley Water District 0 Totals for Diamond Valley Water District 0 Eastridge ESD SA 1 Totals for Eastridge ESD 1 Page: 130 TABLE 33 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Groom Creek Fire District 0 Totals for Groom Creek Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,150,000 1,805,000 225,000 157,325 7,284,267 2,150,000 1,805,000 225,000 157,325 7,284,267 Hassayampa Community Facilities District SA 1 7,315,000 3,360,000 Totals for Hassayampa Community Facilities District 1 7,315,000 3,360,000 High Valley Ranch Domestic WID 0 Totals for High Valley Ranch Domestic WID 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 620,399 0 618,970 2,569 5,994 17,469 620,399 0 618,970 2,569 5,994 17,469 242,850 0 142,146 916 714 7,976 242,850 0 142,146 916 714 7,976 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 925,000 185,000 0 740,000 25,000 36,199 310,297 925,000 185,000 0 740,000 25,000 36,199 310,297 Highland Pines Domestic WID Revenue 2 1,239,369 Totals for Highland Pines Domestic WID 2 1,239,369 Holiday Hills Domestic WID Revenue 2 384,996 Totals for Holiday Hills Domestic WID 2 384,996 I.C.R. Sanitary District 0 Totals for I.C.R. Sanitary District 0 Iron Springs Sanitary District 0 Totals for Iron Springs Sanitary District 0 Jackson Acres Domestic WID 0 Totals for Jackson Acres Domestic WID 0 Kings Ranch Unit 2 Domestic WWID 0 0 Totals for Kings Ranch Unit 2 Domestic WWID 0 0 Mayer Domestic Water Improvement District 0 0 Totals for Mayer Domestic Water Improvement District 0 0 Mayer Fire District SA 2 Totals for Mayer Fire District 2 Page: 131 TABLE 33 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL Montezuma-Rimrock Fire District 0 Totals for Montezuma-Rimrock Fire District 0 Parkway District 1 CFD General Obligation 1 Totals for Parkway District 1 CFD 1 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,425,000 485,000 0 2,940,000 0 157,892 1,411,099 3,425,000 485,000 0 2,940,000 0 157,892 1,411,099 0 0 0 0 0 0 0 0 0 0 0 0 0 0 232,112 0 167,888 20,856 1,423 27,903 232,112 0 167,888 20,856 1,423 27,903 1,857,000 472,000 0 1,385,000 95,000 94,903 619,372 1,857,000 472,000 0 1,385,000 95,000 94,903 619,372 60,988 0 34,852 0 1,017 17,203 60,988 0 34,852 0 1,017 17,203 13,150,000 1,105,000 6,130,000 5,915,000 0 252,159 4,019,116 13,150,000 1,105,000 6,130,000 5,915,000 0 252,159 4,019,116 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12,750,000 1,025,000 6,080,000 5,645,000 0 241,271 3,502,867 12,750,000 1,025,000 6,080,000 5,645,000 0 241,271 3,502,867 925,446 259,645 485,652 180,149 0 6,388 123,216 925,446 259,645 485,652 180,149 0 6,388 123,216 0 0 0 0 0 0 0 0 0 0 0 0 Peeples Valley Fire District 0 Totals for Peeples Valley Fire District 0 Ponderosa Park Domestic Water Improvement General Obligation 1 400,000 Totals for Ponderosa Park Domestic Water Improvement 1 400,000 Poquito Valley SA 1 Totals for Poquito Valley 1 Prescott Water Improvement District P164 SA 1 95,840 Totals for Prescott Water Improvement District P164 1 95,840 Pronghorn CFD General Obligation 3 Totals for Pronghorn CFD 3 Quail Ridge Domestic WID 0 Totals for Quail Ridge Domestic WID 0 Quailwood CFD General Obligation 2 Totals for Quailwood CFD 2 Raven Ridge CFD SA - Loan 1 Totals for Raven Ridge CFD 1 Retreat at Oak Creek Domestic WID 0 0 Totals for Retreat at Oak Creek Domestic WID 0 0 Page: 132 TABLE 33 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Sedona Fire District 0 Totals for Sedona Fire District 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3,025,000 398,000 620,000 2,007,000 63,000 145,389 1,263,586 3,025,000 398,000 620,000 2,007,000 63,000 145,389 1,263,586 23,340,000 2,175,000 12,955,000 8,210,000 0 335,000 11,060,852 23,340,000 2,175,000 12,955,000 8,210,000 0 335,000 11,060,852 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Seligman Fire District 0 Totals for Seligman Fire District 0 Sheriffs Posse Community Road Improvement 0 0 Totals for Sheriffs Posse Community Road Improvement 0 0 Southside CFD SA 1 Totals for Southside CFD 1 Stoneridge CFD General Obligation 2 Totals for Stoneridge CFD 2 Tapadero Domestic Wastewater Improvement 0 0 Totals for Tapadero Domestic Wastewater Improvement 0 0 TiPeJi Domestic WID 0 Totals for TiPeJi Domestic WID 0 Verde Valley Fire District 0 Totals for Verde Valley Fire District 0 Williamson Valley Fire District 0 Totals for Williamson Valley Fire District 0 Yarnell Fire District 0 Totals for Yarnell Fire District 0 Yavapai Ranch Domestic WID 0 Totals for Yavapai Ranch Domestic WID 0 Page: 133 TABLE 33 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YAVAPAI COUNTY SPECIAL DISTRICT NAME # OF ISSUES Totals for Yavapai County General Oblication 10 Revenue 4 Other 18 Grand Totals 32 ORIGINAL PRINCIPAL 53,926,000 1,624,365 64,778,186 120,328,551 PRINCIPAL RETIRED TO DATE 5,117,712 863,249 19,518,281 25,499,241 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL 25,165,000 0 9,335,652 34,500,652 23,643,288 761,116 35,924,252 60,328,657 Page: 134 PRINCIPAL PAID IN 2015 72,034 3,485 2,463,966 2,539,485 INTEREST PAID IN 2015 1,019,908 6,708 1,456,038 2,482,654 INTEREST PAID TO DATE 20,218,876 25,445 22,129,137 42,373,458 TABLE 34 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YUMA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL East San Luis CFD SA 2 Totals for East San Luis CFD 2 PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 20,947,000 4,510,883 4,213,117 12,223,000 0 0 4,137,659 20,947,000 4,510,883 4,213,117 12,223,000 0 0 4,137,659 310,985 0 87,300 10,977 3,531 125,840 310,985 0 87,300 10,977 3,531 125,840 278,819 0 200,791 14,102 9,201 160,649 278,819 0 200,791 14,102 9,201 160,649 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,910,000 0 1,965,000 0 98,935 1,744,942 1,910,000 0 1,965,000 0 98,935 1,744,942 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 El Prado Estates Improvement District SA 2 398,285 Totals for El Prado Estates Improvement District 2 398,285 Gadsden Townsite Improvement District SA 1 479,610 Totals for Gadsden Townsite Improvement District 1 479,610 Gila Valley AntiNoxious Weed District 0 0 Totals for Gila Valley AntiNoxious Weed District 0 0 Gila Valley Irrigation District 0 Totals for Gila Valley Irrigation District 0 Hillander C Irrigation District 0 Totals for Hillander C Irrigation District 0 Hyder Valley Irrigation Water Delivery District #35 0 0 0 Totals for Hyder Valley Irrigation Water Delivery District #35 0 0 0 Improvement District #68 SA 1 3,875,000 Totals for Improvement District #68 1 3,875,000 Links at Coyote Wash CFD 1 Totals for Links at Coyote Wash CFD 1 North Gila Valley Irrigation District 0 0 Totals for North Gila Valley Irrigation District 0 0 Unit B Irrigation District 0 Totals for Unit B Irrigation District 0 Page: 135 TABLE 34 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YUMA COUNTY SPECIAL DISTRICT NAME # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE WelltonMohawk AntiNoxious Weed District 0 0 Totals for WelltonMohawk AntiNoxious Weed District 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 512,378 0 2,925,537 129,948 78,896 356,358 512,378 0 2,925,537 129,948 78,896 356,358 2,735,004 0 5,264,996 755,004 281,580 1,196,156 2,735,004 0 5,264,996 755,004 281,580 1,196,156 14,440,000 28,415,000 37,210,000 4,985,000 952,876 16,194,477 14,440,000 28,415,000 37,210,000 4,985,000 952,876 16,194,477 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 0 0 0 0 0 0 0 0 0 0 0 0 WelltonMohawk Irrigation District 0 0 Totals for WelltonMohawk Irrigation District 0 0 Yuma County Airport Authority 0 Totals for Yuma County Airport Authority 0 Yuma County Citrus Pest Control 0 Totals for Yuma County Citrus Pest Control 0 Yuma County Hospital District #1 0 0 Totals for Yuma County Hospital District #1 0 0 Yuma County Improvement District #07-09 SA 2 3,437,915 Totals for Yuma County Improvement District #07-09 2 3,437,915 Yuma County Jail District Revenue 1 8,000,000 Totals for Yuma County Jail District 1 8,000,000 Yuma County Library District General Obligation 3 80,065,000 Totals for Yuma County Library District 3 80,065,000 Yuma County Pest Abatement District 0 0 Totals for Yuma County Pest Abatement District 0 0 Yuma Irrigation District 0 Totals for Yuma Irrigation District 0 Yuma Mesa Irrigation & Drainage 0 Totals for Yuma Mesa Irrigation & Drainage 0 Page: 136 TABLE 34 SPECIAL DISTRICT FY BONDED INDEBTEDNESS IN YUMA COUNTY SPECIAL DISTRICT NAME # OF ISSUES Totals for Yuma County General Oblication Revenue Other Grand Totals GRAND TOTALS General Oblication Revenue Other Grand Totals ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 3 1 9 13 80,065,000 8,000,000 29,137,810 117,202,810 14,440,000 2,735,004 7,523,065 24,698,069 28,415,000 0 4,213,117 32,628,117 37,210,000 5,264,996 17,401,628 59,876,624 4,985,000 755,004 155,027 5,895,031 952,876 281,580 190,563 1,425,019 16,194,477 1,196,156 6,525,448 23,916,081 109 40 161 310 966,066,000 686,422,180 866,256,037 2,518,744,217 194,542,712 122,273,822 296,789,033 613,605,567 127,547,505 16,460,523 120,292,736 264,300,764 649,203,288 544,979,433 434,705,167 1,628,887,888 39,090,301 46,254,244 21,523,914 106,868,460 25,765,256 25,736,874 21,948,773 73,450,904 190,856,198 144,115,801 267,198,942 602,170,941 Page: 137 138 This page left blank STATE AGENCIES AND UNIVERSITIES As of June 30, 2015, state agencies and universities reported a total outstanding debt of $10.1 billion (outstanding bonds of $9.5 billion and outstanding leases of $0.6 billion), a 6.9% decrease from the prior fiscal year. For FY 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). 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 the state drops to $9.0 billion for FY 15 (outstanding bonds of $8.4 billion and outstanding leases of $0.6 billion.) 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, 2015:  $120.3 million in general obligation debt reported by the Greater Arizona Development Authority;  $6.6 billion in revenue bonds reported by nine state agencies and universities;  $2.4 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, 2015, lease purchases totaled $590 million, a 2.7% decrease from the $606 million reported for FY 2014. 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 $2,567,445,000 $61,889,309 $2,629,334,309 Arizona Department of Administration $1,485,545,000 $68,269,013 $1,553,814,013 Arizona State University $1,331,175,000 $113,287,672 $1,444,462,672 University of Arizona $1,339,001,000 $41,699,315 $1,380,700,315 School Facilities Board STATE AGENCY OR UNIVERSITY $1,017,080,877 $0 $1,017,080,877 Water Infrastructure Finance Authority $712,305,000 $0 $712,305,000 Northern Arizona University $591,915,000 $16,778,500 $608,693,500 Greater Arizona Development Authority $389,165,000 $0 $389,165,000 Arizona Department of Corrections $0 $287,575,022 $287,575,022 Arizona Housing Finance Authority $44,653,102 $0 $44,653,102 Arizona Game and Fish Department $16,160,000 $0 $16,160,000 $0 $348,613 $348,613 Arizona Department of Economic Security 139 STATE AGENCY OR UNIVERSITY OUTSTANDING BONDS Board of Nursing Care Institution Administrators OUTSTANDING LEASES TOTAL OUTSTANDING DEBT $0 $356 $356 Total $9,494,444,979 $589,847,800 $10,084,292,779 Adjusted Total Excluding GADA and WIFA $8,392,974,979 $589,847,800 $8,982,822,779 Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2015. However, the year-end balances should reflect any July 1, 2015 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 $120.3 million. REVENUE BONDS Total outstanding debt from revenue bonds as of June 30, 2015 was $6.6 billion after retiring $468.4 million in the fiscal year. Nine state agencies and universities reported outstanding revenue bonds. CERTIFICATES OF PARTICIPATION Six state agencies and universities reported certificates of participation with outstanding principal on June 30, 2015 of $2.4 billion. A total of $228.5 million in principal was retired and refunded in the fiscal year. NEW BONDS During FY 2014/15, four state agencies and universities issued fifteen new bonds totaling $3.3 billion; of this $1.5 billion 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, 2015, eight state agencies and universities reported outstanding lease purchases of $589.8 million. 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 2014/15 of $438.5 million on $9.5 billion of outstanding principal as of June 30, 2015 and $3.4 billion interest paid to date on 226 bond issues with an original principal of $15.6 billion from outstanding bonds. These amounts include the interest paid by the Greater Arizona Development Authority and the Water Infrastructure Finance Authority. An additional $11.5 million in interest was paid during FY 2014/15 and $80.1 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. STATE AGENCIES AND UNIVERSITIES PER CAPITA BOND DEBT Arizona Department of Transportation Arizona Department of Administration Arizona State University University of Arizona School Facilities Board Water Infrastructure Finance Authority $385.08 $222.81 $199.66 $200.83 $152.55 $106.84 140 PER CAPITA LEASE DEBT $9.28 $10.24 $16.99 $6.25 $0.00 $0.00 PER CAPITA TOTAL DEBT $394.37 $233.05 $216.65 $207.09 $152.55 $106.84 STATE AGENCIES AND UNIVERSITIES Northern Arizona University Greater Arizona Development Authority Arizona Department of Corrections Arizona Housing Finance Authority Arizona Game and Fish Department Arizona Department of Economic Security Board of Nursing Care Institution Administrators PER CAPITA BOND DEBT $88.78 $58.37 $0.00 $6.70 $2.42 PER CAPITA LEASE DEBT $2.52 $0.00 $43.13 $0.00 $0.00 PER CAPITA TOTAL DEBT $91.30 $58.37 $43.13 $6.70 $2.42 $0.00 $0.05 $0.05 $0.00 $0.00 $0.00 The population measure used to calculate per capita debt is the July 1, 2014 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 $33,509.37 $1,043.55 $34,552.92 Northern Arizona University $22,993.24 $651.77 $23,645.01 Arizona State University $16,452.74 $1,400.19 $17,852.93 UNIVERSITIES The full-time student count used to calculate the per student debt is the FY 2014 actual FTE reported in the Arizona University System Funding reported by the Joint Legislative Budget Committee Staff. 141 142 This page left blank TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Arizona Automobile Theft Authority 0 0 Totals for Arizona Automobile Theft Authority 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 Totals for Arizona Board for Private Postsecondary Education 0 0 0 Arizona Board of Athletic Training 0 0 Totals for Arizona Board of Athletic Training 0 0 Arizona Board of Behavioral Health Examiners 0 0 Totals for Arizona Board of Behavioral Health Examiners 0 0 Arizona Board of Cosmetology 0 Totals for Arizona Board of Cosmetology 0 Arizona Board of Executive Clemency 0 0 Totals for Arizona Board of Executive Clemency 0 0 Arizona Board of Fingerprinting 0 Totals for Arizona Board of Fingerprinting 0 Arizona Board of Funeral Directors and Embalmers 0 0 0 Totals for Arizona Board of Funeral Directors and Embalmers 0 0 0 Arizona Board of Occupational Therapy Examiners 0 0 Totals for Arizona Board of Occupational Therapy Examiners 0 0 Arizona Board of Podiatry Examiners 0 0 Totals for Arizona Board of Podiatry Examiners 0 0 Arizona Board of Psychologist Examiners 0 0 Totals for Arizona Board of Psychologist Examiners 0 0 Arizona Board of Regents 0 Totals for Arizona Board of Regents 0 Page: 143 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE Arizona Board of Tax Appeals 0 Totals for Arizona Board of Tax Appeals 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 187,750,000 52,540,000 0 0 1,112,665,000 372,880,000 54,680,000 18,305,000 55,932,081 19,194,000 314,374,878 102,297,977 240,290,000 0 1,485,545,000 72,985,000 75,126,081 416,672,855 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Arizona Commerce Authority 0 Totals for Arizona Commerce Authority 0 Arizona Commission for Postsecondary Education 0 0 Totals for Arizona Commission for Postsecondary Education 0 0 Arizona Commission on Judicial Conduct 0 0 Totals for Arizona Commission on Judicial Conduct 0 0 Arizona Commission on the Arts 0 Totals for Arizona Commission on the Arts 0 Arizona Commission on Uniform State Laws 0 0 Totals for Arizona Commission on Uniform State Laws 0 0 Arizona Corporation Commission 0 Totals for Arizona Corporation Commission 0 Arizona Cotton Research and Protection Council 0 0 Totals for Arizona Cotton Research and Protection Council 0 0 Arizona Criminal Justice Commission 0 0 Totals for Arizona Criminal Justice Commission 0 0 Arizona Department of Administration COP 5 1,300,415,000 Revenue 1 425,420,000 Totals for Arizona Department of Administration 6 1,725,835,000 Arizona Department of Agriculture 0 0 Totals for Arizona Department of Agriculture 0 0 Arizona Department of Corrections 0 0 Totals for Arizona Department of Corrections 0 0 Page: 144 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Arizona Department of Economic Security 0 0 Totals for Arizona Department of Economic Security 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Liquor Licenses and Control 0 0 0 Totals for Arizona Department of Liquor Licenses and Control 0 0 0 0 0 Arizona Department of Education 0 Totals for Arizona Department of Education 0 Arizona Department of Emergency & Military Affairs 0 0 0 Totals for Arizona Department of Emergency & Military Affairs 0 0 0 Arizona Department of Environmental Quality 0 0 Totals for Arizona Department of Environmental Quality 0 0 Arizona Department of Financial Institutions 0 0 Totals for Arizona Department of Financial Institutions 0 0 Arizona Department of Gaming 0 Totals for Arizona Department of Gaming 0 Arizona Department of Health Services 0 0 Totals for Arizona Department of Health Services 0 0 Arizona Department of Homeland Security 0 0 Totals for Arizona Department of Homeland Security 0 0 Arizona Department of Housing 0 Totals for Arizona Department of Housing 0 Arizona Department of Insurance 1 Totals for Arizona Department of Insurance 1 Arizona Department of Juvenile Corrections 0 0 Totals for Arizona Department of Juvenile Corrections 0 0 Page: 145 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL 0 PRINCIPAL RETIRED TO DATE 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 642,800,000 0 1,376,610,000 0 2,567,445,000 0 185,640,000 0 120,444,290 0 916,237,397 642,800,000 1,376,610,000 2,567,445,000 185,640,000 120,444,290 916,237,397 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,250,000 0 16,160,000 610,000 741,680 5,992,582 4,250,000 0 16,160,000 610,000 741,680 5,992,582 0 0 0 0 0 0 Arizona Department of Public Safety 0 0 Totals for Arizona Department of Public Safety 0 0 Arizona Department of Racing 0 Totals for Arizona Department of Racing 0 Arizona Department of Real Estate 0 0 Totals for Arizona Department of Real Estate 0 0 Arizona Department of Revenue 0 Totals for Arizona Department of Revenue 0 Arizona Department of Transportation 3 0 Revenue 21 4,586,855,000 Totals for Arizona Department of Transportation 24 4,586,855,000 Arizona Department of Veteran's Services 0 0 Totals for Arizona Department of Veteran's Services 0 0 Arizona Department of Water Resources 0 0 Totals for Arizona Department of Water Resources 0 0 Arizona Department of Weights and Measures 0 0 Totals for Arizona Department of Weights and Measures 0 0 Arizona Early Childhood Development & Health Board 0 0 0 Totals for Arizona Early Childhood Development & Health Board 0 0 0 Arizona Exposition and State Fair 0 0 Totals for Arizona Exposition and State Fair 0 0 Arizona Game and Fish Department COP 1 20,410,000 Totals for Arizona Game and Fish Department 1 20,410,000 Arizona Geological Survey 0 0 Page: 146 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL Totals for Arizona Geological Survey 0 PRINCIPAL RETIRED TO DATE 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 127,466,898 0 44,653,102 13,008,702 0 468 127,466,898 0 44,653,102 13,008,702 0 468 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Health Care Cost Containment System 0 0 Totals for Arizona Health Care Cost Containment System 0 0 Arizona Historical Society 0 Totals for Arizona Historical Society 0 Arizona House of Representatives 0 0 Totals for Arizona House of Representatives 0 0 Arizona Housing Finance Authority Revenue 11 172,120,000 Totals for Arizona Housing Finance Authority 11 172,120,000 Arizona Medical Board 0 Totals for Arizona Medical Board 0 Arizona Office of Tourism 0 Totals for Arizona Office of Tourism 0 Arizona Pioneer's Home 0 Totals for Arizona Pioneer's Home 0 Arizona Radiation Regulatory Agency 0 0 Totals for Arizona Radiation Regulatory Agency 0 0 Arizona State Board for Charter Schools 0 0 Totals for Arizona State Board for Charter Schools 0 0 Arizona State Board of Accountancy 0 0 Totals for Arizona State Board of Accountancy 0 0 Arizona State Board of Acupuncture 1 0 Totals for Arizona State Board of Acupuncture 1 0 Arizona State Board of Barbers 0 0 Page: 147 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL Totals for Arizona State Board of Barbers 0 PRINCIPAL RETIRED TO DATE 0 AMOUNT REFUNDED TO DATE INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Dental Examiners 0 0 Totals for Arizona State Board of Dental Examiners 0 0 Arizona State Board of Dispensing Opticians 0 0 Totals for Arizona State Board of Dispensing Opticians 0 0 Arizona State Board of Equalization 0 0 Totals for Arizona State Board of Equalization 0 0 Arizona State Board of Geographic & Historic Names 0 0 0 Totals for Arizona State Board of Geographic & Historic Names 0 0 0 Arizona State Board of Massage Therapy 0 0 Totals for Arizona State Board of Massage Therapy 0 0 Arizona State Board of Optometry 0 0 Totals for Arizona State Board of Optometry 0 0 Arizona State Board of Osteopathic Examiners 0 0 Totals for Arizona State Board of Osteopathic Examiners 0 0 Arizona State Board of Pharmacy 0 Totals for Arizona State Board of Pharmacy 0 PRINCIPAL PAID IN 2015 0 Arizona State Board of Chiropractic Examiners 0 0 Totals for Arizona State Board of Chiropractic Examiners 0 0 Arizona State Board of Nursing 0 Totals for Arizona State Board of Nursing 0 OUTSTANDING PRINCIPAL Arizona State Board of Physical Therapy 0 0 Totals for Arizona State Board of Physical Therapy 0 0 Arizona State Board of Respiratory Care Examiners 0 0 Page: 148 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE AMOUNT REFUNDED TO DATE Totals for Arizona State Board of Respiratory Care Examiners 0 0 0 OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 Technical Registration 0 0 Totals for Arizona State Board of Technical Registration 0 0 Arizona State Forester 0 Totals for Arizona State Forester 0 Arizona State Land Department 0 Totals for Arizona State Land Department 0 Arizona State Lottery Commission 0 0 Totals for Arizona State Lottery Commission 0 0 Arizona State Mine Inspector Office 0 0 Totals for Arizona State Mine Inspector Office 0 0 Arizona State Parks 0 Totals for Arizona State Parks 0 Arizona State Personnel Board 0 Totals for Arizona State Personnel Board 0 Arizona State Retirement System 0 Totals for Arizona State Retirement System 0 Arizona State Schools for the Deaf and the Blind 0 0 0 Totals for Arizona State Schools for the Deaf and the Blind 0 0 0 Arizona State Senate 0 Totals for Arizona State Senate 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 553,651,000 100,880,000 213,490,000 219,290,000 14,610,000 8,319,659 140,794,243 Arizona State Supreme Court 0 Totals for Arizona State Supreme Court 0 Arizona State University COP 10 Page: 149 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Revenue 21 1,429,365,000 Totals for Arizona State University 31 1,983,016,000 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 154,870,000 162,610,000 1,111,885,000 45,650,000 42,130,730 217,215,912 255,750,000 376,100,000 1,331,175,000 60,260,000 50,450,389 358,010,155 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 Totals for Arizona State Veterinary Medical Examining Board 0 0 0 Board of Homeopathic and Integrated Medicine Exam 0 0 0 Totals for Board of Homeopathic and Integrated Medicine Exam 0 0 0 Board of Naturopathic Physicians Examiners 0 0 Totals for Board of Naturopathic Physicians Examiners 0 0 Board of Nursing Care Institution Administrators 0 0 0 Totals for Board of Nursing Care Institution Administrators 0 0 0 Board of Peace Officer Standards & Training 0 0 Totals for Board of Peace Officer Standards & Training 0 0 Citizen's Clean Elections Commission 0 0 Totals for Citizen's Clean Elections Commission 0 0 Commission for the Deaf and Hard of Hearing 0 0 Totals for Commission for the Deaf and Hard of Hearing 0 0 Cooperative Extension Service 0 Totals for Cooperative Extension Service 0 Court of Appeals Div I 0 Totals for Court of Appeals Div I 0 Court of Appeals Div II 0 Totals for Court of Appeals Div II 0 Department of Fire, Building and Life Safety 0 0 Totals for Department of Fire, Building and Life Safety 0 0 Government Information Technology Agency Page: 150 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE 0 0 Totals for Government Information Technology Agency 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 38,180,000 81,480,000 0 420,000 120,280,000 268,885,000 5,450,000 13,750,000 5,997,339 13,464,666 58,945,110 110,815,088 119,660,000 420,000 389,165,000 19,200,000 19,462,005 169,760,198 0 0 0 0 0 0 0 0 0 0 0 0 Governor's Office 0 Totals for Governor's Office 0 Governor's Office - Arizona-Mexico Commission 0 0 Totals for Governor's Office - Arizona-Mexico Commission 0 0 Governor's Office - Boards and Commissions 0 0 Totals for Governor's Office - Boards and Commissions 0 0 Governor's Office - Children, Youth and Families 0 0 0 Totals for Governor's Office - Children, Youth and Families 0 0 0 Governor's Office Commission on Indian Affairs 0 0 Totals for Governor's Office Commission on Indian Affairs 0 0 Governor's Office of Arizona Parent's Commission 0 0 0 Totals for Governor's Office of Arizona Parent's Commission 0 0 0 Governor's Office of Equal Opportunity 0 0 Totals for Governor's Office of Equal Opportunity 0 0 Governor's Office of Highway Safety 0 0 Totals for Governor's Office of Highway Safety 0 0 Governor's Office of Strategic Planning and Budget 0 0 0 Totals for Governor's Office of Strategic Planning and Budget 0 0 0 Greater Arizona Development Authority General Obligation 22 158,460,000 Revenue 45 350,365,000 Totals for Greater Arizona Development Authority 67 508,825,000 Industrial Commission of Arizona 0 0 Totals for Industrial Commission of Arizona 0 0 Page: 151 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE Joint Legislative Budget Committee 0 0 Totals for Joint Legislative Budget Committee 0 0 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 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 20,365,000 47,730,000 66,465,000 72,205,000 58,285,000 533,630,000 23,390,000 56,745,000 2,805,773 27,140,385 34,097,814 147,135,826 68,095,000 138,670,000 591,915,000 80,135,000 29,946,158 181,233,640 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Navigable Stream Adjudication Commission 0 0 Totals for Navigable Stream Adjudication Commission 0 0 Northern Arizona University COP 5 145,115,000 Revenue 15 653,565,000 Totals for Northern Arizona University 20 798,680,000 Office of Administrative Hearings 0 0 Totals for Office of Administrative Hearings 0 0 Office of Ombudsman - Citizen's Aide 0 0 Totals for Office of Ombudsman - Citizen's Aide 0 0 Office of Pest Management 0 Totals for Office of Pest Management 0 Office of the Arizona State Treasurer 0 0 Totals for Office of the Arizona State Treasurer 0 0 Office of the Attorney General 0 Totals for Office of the Attorney General 0 Office of the Auditor General 0 Totals for Office of the Auditor General 0 Public Safety Personnel Retirement System 0 0 Totals for Public Safety Personnel Retirement System 0 0 Registrar of Contractors 0 Totals for Registrar of Contractors 0 Residential Utility Consumer Office 0 0 Totals for Residential Utility Consumer Office 0 0 Page: 152 TABLE 36 STATE AGENCY AND UNIVERSITY 2015 BONDED INDEBTEDNESS AND DEBT LIMITATIONS JURISDICTION # OF ISSUES ORIGINAL PRINCIPAL PRINCIPAL RETIRED TO DATE School Facilities Board COP 9 1,445,910,000 Revenue 5 874,155,000 Totals for School Facilities Board 14 2,320,065,000 AMOUNT REFUNDED TO DATE OUTSTANDING PRINCIPAL PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 375,909,509 218,824,614 416,215,000 281,530,000 643,280,491 373,800,386 120,018,884 55,023,462 46,077,936 10,184,837 430,033,287 211,656,944 594,734,123 697,745,000 1,017,080,877 175,042,346 56,262,773 641,690,231 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74,085,081 121,730,000 0 145,670,000 112,555,000 0 354,736,000 597,885,000 386,380,000 15,213,963 21,575,000 0 15,952,000 23,291,000 14,441,000 134,266,000 191,679,000 55,016,000 195,815,081 258,225,000 1,339,001,000 36,788,963 53,684,000 380,961,000 558,860,002 712,305,000 58,745,000 32,355,149 324,908,642 558,860,002 712,305,000 58,745,000 32,355,149 324,908,642 Secretary of State's Office 0 Totals for Secretary of State's Office 0 University of Arizona COP 24 574,327,000 Revenue 16 832,170,000 SPEED RV 4 386,380,000 Totals for University of Arizona 44 1,792,877,000 Water Infrastructure Finance Authority Revenue 11 1,661,395,000 390,229,998 Totals for Water Infrastructure Finance Authority 11 1,661,395,000 390,229,998 General Obligation Revenue COP Other 22 146 54 9 158,460,000 10,985,410,000 4,039,828,000 386,380,000 38,180,000 1,837,671,510 763,239,590 0 0 2,564,790,002 841,840,000 0 120,280,000 6,583,368,488 2,404,416,491 386,380,000 5,450,000 468,442,164 228,522,847 0 5,997,339 288,205,057 129,829,129 14,441,000 58,945,110 2,221,947,254 1,059,558,804 55,016,000 Grand Total 231 15,570,078,000 2,639,091,100 3,406,630,002 9,494,444,979 702,415,011 438,472,524 3,395,467,168 Page: 153 154 This page left blank OTHER JURISDICTIONS Political subdivisions that do not belong to a particular jurisdiction are included in this section. As of June 30, 2015, other jurisdictions reported outstanding debt totaled $8.8 billion (outstanding bonds of $8.3 billion and outstanding leases of $0.5 billion), or a 3% increase from the prior fiscal year. For FY 2014, other jurisdictions reported total outstanding debt of $8.5 billion (outstanding bonds of $8.5 billion and outstanding leases of $182,619). Bonded indebtedness consists of revenue bonds. 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, 2015:  $8.3 billion in revenue bonds reported by four jurisdictions. Lease purchases reported by other jurisdictions represent debt issued with a term in excess of one year. As of June 30, 2015, lease purchases total $463.9 million, compared to $182,619 reported in FY 14. 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 $3,954,775,000 $463,911,000 $4,418,686,000 Health Facilities Authority $4,054,296,000 $0 $4,054,296,000 $266,405,000 $0 $266,405,000 $17,740,000 $0 $17,740,000 Arizona Strip Landfill Corporation $0 $16,464 $16,464 U of A Health Network $0 $0 $0 Central Arizona Water Conservation District $0 $0 $0 $8,293,216,000 $463,927,464 $8,757,143,464 OTHER JURISDICTIONS Arizona Sports and Tourism Authority Arizona Power Authority Total Please note that the outstanding balances listed in the report should reflect all indebtedness as of June 30, 2015. However, the year-end balances should reflect any July 1, 2015 payments if the payment amount has been deposited into a dedicated fund for the payment of principal. 155 REVENUE BONDS Total outstanding debt from revenue bonds as of June 30, 2015 was $8.3 billion after retiring $532.8 million. The U of A Health Network outstanding debt of $329.6 million was acquired by the Banner Health Network during the year. NEW BONDS During FY 2014/15, Health Facilities Authority issued one new bond totaling $553.5 million. 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. The Salt River Project and the Arizona Strip Landfill Corporation reported outstanding lease purchases of $463.9 million as of June 30, 2015. 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 2014/15 of $26 million on $613 million of outstanding principal as of June 30, 2015 and $211.9 million interest paid to date on 21 bond issues with an original principal of $695 million. An additional $36.9 million in interest was paid during FY 2014/15 and $159.7 million 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 Arizona Sports and Tourism Authority Arizona Power Authority Arizona Strip Landfill Corporation U of A Health Network Central Arizona Water Conservation District PER CAPITA BOND DEBT PER CAPITA LEASE DEBT $693.17 $608.09 $39.96 $2.66 $0.00 $0.00 $0.00 $69.58 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 PER CAPITA TOTAL DEBT $662.75 $608.09 $39.96 $2.66 $0.00 $0.00 $0.00 The population measure used to calculate per capita debt is the July 1, 2014 Department of Administration’s estimate. 156 TABLE 37 OTHER JURISDICTION FY2015 BONDED INDEBTEDNESS JURISDICTION NAME # OF ISSUES ORIGINAL PRINCIPAL Arizona Power Authority Revenue 13 57,520,000 Totals for Arizona Power Authority 13 57,520,000 PRINCIPAL RETIRED TO DATE PRINCIPAL PAID IN 2015 INTEREST PAID IN 2015 INTEREST PAID TO DATE 0 17,740,000 5,330,000 1,071,263 25,342,206 39,780,000 0 17,740,000 5,330,000 1,071,263 25,342,206 12,820,000 0 266,405,000 7,285,000 13,316,463 63,660,310 12,820,000 0 266,405,000 7,285,000 13,316,463 63,660,310 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 433,274,000 0 4,054,296,000 94,553,000 0 0 433,274,000 0 4,054,296,000 94,553,000 0 0 4,921,365,000 329,660,000 636,930,000 3,954,775,000 96,045,000 0 0 4,921,365,000 329,660,000 636,930,000 3,954,775,000 96,045,000 0 0 359,770,000 359,770,000 0 0 329,650,000 11,709,463 122,864,301 359,770,000 359,770,000 0 0 329,650,000 11,709,463 122,864,301 10,118,365,000 10,118,365,000 1,175,304,000 1,175,304,000 636,930,000 636,930,000 8,293,216,000 8,293,216,000 532,863,000 532,863,000 26,097,188 26,097,188 211,866,817 211,866,817 Arizona Strip Landfill Corporation 0 0 Totals for Arizona Strip Landfill Corporation 0 0 Central Arizona Water Conservation District 0 0 Totals for Central Arizona Water Conservation District 0 0 Health Facilities Authority Revenue 51 4,500,485,000 Totals for Health Facilities Authority 51 4,500,485,000 Salt River Project Revenue 11 Totals for Salt River Project 11 U of A Health Network Revenue 5 Totals for U of A Health Network 5 83 83 OUTSTANDING PRINCIPAL 39,780,000 Arizona Sports and Tourism Authority Revenue 3 279,225,000 Totals for Arizona Sports and Tourism Authority 3 279,225,000 GRAND TOTALS Revenue Grand Totals AMOUNT REFUNDED TO DATE Page: 157 158 This page left blank SECTION TWO FY 2014/15 NEW ISSUES 159 160 This page left blank FY 2014/15 NEW Throughout FY 2014/15 $7.59 billion in new issues was reported by Arizona political subdivisions; of this amount, $4.2 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. 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 $500,000 $0 $4,007,625 $2,000,000 $715,000 $0 $0 $892,609,017 $1,000,000 $7,207,591 $1,445,286,350 $361,150,962 $236,822,266 $5,614,789 $361,810,000 $30,226,671 $41,225,438 $3,390,175,709 Refunding $0 $0 $25,754,000 $27,765,000 $6,905,000 $0 $0 $2,189,960,000 $0 $8,012,409 $0 $177,285,000 $153,005,000 $1,512,615,000 $10,390,000 $87,650,000 $4,199,341,409 Total $500,000 $0 $29,761,625 $29,765,000 $7,620,000 $0 $0 $3,082,569,017 $1,000,000 $15,220,000 $1,445,286,350 $538,435,962 $389,827,266 $5,614,789 $1,874,425,000 $40,616,671 $128,875,438 $7,589,517,118 The following table lists new issues by jurisdiction as well as the portion recognized as refunding. Jurisdiction Counties Cities/Towns Community Colleges School Districts Special Districts Other State/Other Total New Debt $130,445,000 $434,497,809 $0 $876,814,549 $141,322,000 $1,445,286,350 $361,810,000 $3,390,175,708 Refunding $121,975,000 $2,067,196,409 $16,535,000 $440,295,000 $40,725,000 $0 $1,512,615,000 $4,199,341,409 Total $252,420,000 $2,501,694,218 $16,535,000 $1,317,109,549 $182,047,000 $1,445,286,350 $1,874,425,000 $7,589,517,117 COUNTIES During the FY 2014/15, three counties reported nine new bond issues totaling $252.4 million; of this amount, $122 million was attributed to refunding. The following is a breakdown of this total:  $72.1 million in revenue bonds reported by three counties; $13.7 million was attributed to refunding 161  $43.9 million in general obligation debt, reported by two counties; $28.9 was attributed to refunding  $57.0 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 purchase. In general, cities and towns obtain debt to improve roads, highways, waste water systems and other municipal facilities. During FY 2014/15, 36 cities and towns incurred $2.5 billion in new debt; of this amount, $2.07 billion was attributed to refunding. The following is a breakdown of this total:  $542.4 million in general obligation debt, reported by eight cities and towns; $457.2 million was attributed to refunding  $1.53 billion in revenue bonds, reported by 16 cities and towns; $1.25 billion was attributed to refunding  $45.3 million in debt issued through municipal property corporations, reported by five cities and towns; $0 million was attributed to refunding  $362.3 million in certificates of participation, reported by one city; $362.3 million was attributed to refunding  $20.8 million in lease purchase/loan agreement, reported by seven 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 $16.5 million for refunding.  $16.5 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 2014/15, 55 Arizona school districts incurred $1.32 million in new debt; of this amount, $440.3 million was attributed to refunding. The following is a breakdown of this total:  $647.9 million in general obligation class B bonds, issued by 46 school districts; $440.3 million was attributed to refunding  $228.9 million in lease purchase debt, issued by 9 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, lease, and special assessment bonds. During FY 2014/15, 11 special districts incurred $182.3 million in new debt; of this amount, $32.5 was attributed to refunding. The following is a breakdown of this total:  $153.3 million in revenue bonds, issued by four special districts; $23.2 million was attributed to refunding 162  $18.4 million in general obligation bonds, issued by four special districts; $9.3 million was attributed to refunding  $10.3 million in special assessment bonds, issued by two special districts; $0 was attributed to refunding  $.3 million in lease purchase debt, issued by one special district; none was attributed to refunding. 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 2014/15, six agencies, and other jurisdictions reported 15 new bond issues totaling $3.3 billion; of this amount, $1.5 billion was attributed to refunding. The following is a breakdown of this total:  $1.8 billion in revenue bonds, issued by five agencies, and others; of this amount, $1.4 million was attributed to refunding.  $122.1 million in certificate of participation bonds, issued by one agency for refunding.  $10.25 million in lease purchase, issued by two entities Detail of new debt issued by state agencies, universities and other jurisdictions for the fiscal year can be found in Table 43. 163 TABLE 38 COUNTY NEW ISSUES FY15 Name Bond Type Gila County Pima County Pima County Pima County Pinal County Revenue General Obligation Participation Revenue Revenue 1 1 1 1 4 $2,000,000 $15,000,000 $57,025,000 $0 $56,420,000 $0 $0 $0 $13,685,000 $79,385,000 $2,000,000 $15,000,000 $57,025,000 $13,685,000 $135,805,000 Yuma County General Obligation 1 Grand Total $0 $130,445,000 $28,905,000 $121,975,000 $28,905,000 $252,420,000 New Issues $1,011,000 $0 $1,095,019 $0 $2,963,671 $11,360,000 $4,375,000 $0 $7,565,000 $36,980,000 $0 $0 $4,095,000 $13,690,000 $30,220,000 $7,657,192 $152,830,000 $715,000 $0 Refunding $6,565,000 $4,904,000 $0 $214,540,000 $0 $0 $0 $1,880,000 $0 $28,080,000 $39,490,000 $291,010,000 $0 $0 $120,500,000 $0 $826,045,000 $0 $6,905,000 Amount $7,576,000 $4,904,000 $1,095,019 $214,540,000 $2,963,671 $11,360,000 $4,375,000 $1,880,000 $7,565,000 $65,060,000 $39,490,000 $291,010,000 $4,095,000 $13,690,000 $150,720,000 $7,657,192 $978,875,000 $715,000 $6,905,000 Name Buckeye Camp Verde Casa Grande Chandler Chino Valley Cottonwood Eloy Fountain Hills Fountain Hills Gilbert Glendale Glendale Litchfield Park Mesa Mesa Phoenix Phoenix Safford Safford Bond Type Revenue Participation Lease General Obligation Loan Agreement Revenue Loan Agreement Revenue General Obligation Revenue Revenue Participation Revenue General Obligation Revenue Lease Purchase Revenue Revenue Participation # of Issues TABLE 39 CITY NEW ISSUES FY15 # of Issues 3 1 1 1 1 1 2 1 1 2 1 3 1 1 3 1 2 1 3 164 New Issues Refunding Amount Name Sahuarita San Luis Scottsdale Scottsdale Scottsdale Sedona Show Low Somerton Somerton St. John Surprise Tempe Tempe Tucson Tucson Tucson Williams Bond Type Participation Participation Municipal Property Corp General Obligation Revenue Revenue Revenue Revenue Lease Purchase Lease Revenue Revenue General Obligation Revenue Participation General Obligation Loan Agreement TABLE 39 CITY NEW ISSUES FY15 # of Issues 1 2 2 1 1 1 2 2 1 1 1 1 2 2 1 2 2 Total Name Arizona Western New Issues $0 $0 $45,300,000 $0 $0 $0 $7,207,591 $6,492,000 $243,711 $500,000 $11,655,000 $0 $43,965,000 $20,570,000 $0 $20,000,000 $4,007,625 $434,497,809 TABLE 40 COMMUNITY COLLEGE NEW ISSUES FY15 Bond Type General Obligation Total # of Issues 1 165 New Issues $0 $0 Refunding $8,840,000 $31,015,000 $0 $160,415,000 $93,570,000 $10,390,000 $4,722,409 $5,625,000 $0 $0 $25,010,000 $11,810,000 $45,675,000 $74,055,000 $19,615,000 $36,535,000 $0 $2,067,196,409 Amount $8,840,000 $31,015,000 $45,300,000 $160,415,000 $93,570,000 $10,390,000 $11,930,000 $12,117,000 $243,711 $500,000 $36,665,000 $11,810,000 $89,640,000 $94,625,000 $19,615,000 $56,535,000 $4,007,625 $2,501,694,218 Refunding $16,535,000 $16,535,000 Amount $16,535,000 $16,535,000 District # Name Agua Fria Union HSD Alhambra ESD Avondale ESD Avondale ESD Buckeye ESD Buckeye Union HSD Cartwright ESD Casa Grande ESD Casa Grande Union HSD Catalina Foothills USD Cave Creek USD Chandler USD Coolidge USD Cottonwood-Oak Creek ESD Crane ESD Deer Valley USD Dysart USD Florence USD Fountain Hills USD Fowler ESD Gadsden ESD Gilbert USD Glendale Union HSD Higley USD J O Combs USD Kyrene ESD Lake Havasu USD Liberty ESD Litchfield ESD Littleton ESD Madison ESD Marana USD Bond Type General Obligation Installment Lease General Obligation General Obligation General Obligation General Obligation Lease General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation Lease Lease General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation TABLE 41 SCHOOL DISTRICT NEW ISSUES FY15 # of Issues 2 1 1 1 1 1 1 1 3 1 2 2 1 1 2 2 1 1 1 1 1 1 2 1 1 1 1 1 1 1 2 1 166 New Issues $9,300,000.00 $6,642,866.00 $23,664.00 $5,075,000.00 $0.00 $24,640,000.00 $850,000.00 $171,149,600.00 $45,147.00 $6,075,000.00 $20,000,000.00 $43,765,000.00 $3,255,000.00 $15,000,000.00 $10,000,000.00 $25,000,000.00 $0.00 $0.00 $4,000,000.00 $3,800,000.00 $3,489,727.00 $1,300,000.00 $3,023,978.00 $19,000,000.00 $0.00 $15,310,000.00 $1,000,000.00 $12,525,000.00 $15,675,000.00 $11,860,000.00 $34,000,000.00 $25,000,000.00 Refunding $18,610,000.00 $0.00 $0.00 $0.00 $3,660,000.00 $17,250,000.00 $0.00 $0.00 $19,985,000.00 $0.00 $11,125,000.00 $36,770,000.00 $0.00 $0.00 $5,570,000.00 $17,250,000.00 $49,550,000.00 $21,715,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $38,165,000.00 $14,035,000.00 $48,240,000.00 $0.00 $0.00 $0.00 $0.00 $19,700,000.00 $0.00 Amount $27,910,000 $6,642,866 $23,664 $5,075,000 $3,660,000 $41,890,000 $850,000 $171,149,600 $20,030,147 $6,075,000 $31,125,000 $80,535,000 $3,255,000 $15,000,000 $15,570,000 $42,250,000 $49,550,000 $21,715,000 $4,000,000 $3,800,000 $3,489,727 $1,300,000 $3,023,978 $57,165,000 $14,035,000 $63,550,000 $1,000,000 $12,525,000 $15,675,000 $11,860,000 $53,700,000 $25,000,000 District # Name Mary C Obrien Accomodation Mesa USD Nogales USD Paradise Valley USD Payson USD Pendergast ESD Peoria USD Phoenix Union HSD Phoenix Union HSD Queen Creek USD Roosevelt ESD Sahuarita USD Sedona Oak USD Snowflake USD Sunnyside USD Tempe ESD 213 Tempe USD Tucson USD Washington ESD 20 Vail USD 402 Western Maricops Ed Center 7 Wilson ESD Yuma ESD Bond Type General Obligation General Obligation Lease General Obligation General Obligation General Obligation General Obligation General Obligation Lease General Obligation Lease General Obligation General Obligation General Obligation General Obligation General Obligation General Obligation Lease General Obligation General Obligation General Obligation General Obligation General Obligation TABLE 41 SCHOOL DISTRICT NEW ISSUES FY15 Total # of Issues 1 1 1 2 1 1 1 2 1 2 1 1 1 1 2 2 1 2 1 1 1 1 1 167 New Issues $482,500.00 $35,000,000.00 $5,614,789.00 $49,000,000.00 $0.00 $6,895,000.00 $27,000,000.00 $14,100,000.00 $8,930,000.00 $31,920,000.00 $396,316.00 $1,650,000.00 $0.00 $0.00 $33,775,000.00 $37,560,000.00 $29,525,000.00 $31,785,962.00 $4,500,000.00 $20,175,000.00 $25,000,000.00 $1,700,000.00 $21,000,000.00 $876,814,549 Refunding $0.00 $0.00 $0.00 $21,325,000.00 $27,765,000.00 $0.00 $0.00 $0.00 $0.00 $6,910,000.00 $0.00 $0.00 $20,850,000.00 $3,290,000.00 $0.00 $27,500,000.00 $0.00 $0.00 $0.00 $11,030,000.00 $0.00 $0.00 $0.00 $440,295,000 Amount $482,500 $35,000,000 $5,614,789 $70,325,000 $27,765,000 $6,895,000 $27,000,000 $14,100,000 $8,930,000 $38,830,000 $396,316 $1,650,000 $20,850,000 $3,290,000 $33,775,000 $65,060,000 $29,525,000 $31,785,962 $4,500,000 $31,205,000 $25,000,000 $1,700,000 $21,000,000 $1,317,109,549 Name Golder Ranch Fire District Vistancia West CFD Northwest Fire District of Pima Estrella Mountain Ranch CFD Eastmark CFD Regional Transportation Authority Eagle Mountain CFD Central Arizona Irrigation/Drainage Goodyear CFD - Utilities Electrical District No. 4 Mayor Fire District County Pima/Pinal Maricopa Pima Maricopa Maricopa Pima Maricopa Pinal Maricopa Pinal Yavapai TABLE 42 SPECIAL DISTRICTS NEW ISSUES FY15 Bond Type Revenue Revenue General Obligation Special Assessment Special Assessment Revenue General Obligation Lease General Obligation Revenue General Obligation # of Issues 1 1 1 1 2 1 1 1 1 1 1 Total Name Arizona Board of Regents Arizona Board of Regents Arizona Health Facility Authority Arizona Health Facility Authority Central Arizona Irrigation/Drainage SRP Ag Improvement/Power Dist. State Transportation Board WIFA of Arizona New Issues $0 $35,000 $8,215,000 $4,980,000 $5,309,000 $130,095,000 $0 $246,350 $0 $0 $903,000 $149,783,350 TABLE 43 STATE AGENCY, UNIVERSITY AND OTHER NEW ISSUES FY15 Bond Type Revenue Participation Revenue Lease Lease Revenue Revenue Revenue # of Issues 4 2 3 1 1 1 2 1 Total 168 New Issues $328,835,000 $0 $510,550,000 $10,000,000 $246,350 $924,490,000 $0 $32,975,000 $1,807,096,350 Refunding $5,310,000 $0 $0 $0 $0 $0 $2,300,000 $0 $7,015,000 $17,885,000 $0 $32,510,000 Refunding $326,635,000 $122,105,000 $0 $0 $0 $0 $754,285,000 $309,590,000 $1,512,615,000 Amount $5,310,000 $35,000 $8,215,000 $4,980,000 $5,309,000 $130,095,000 $2,300,000 $246,350 $7,015,000 $17,885,000 $903,000 $182,293,350 Amount $655,470,000 $122,105,000 $510,550,000 $10,000,000 $246,350 $924,490,000 $754,285,000 $342,565,000 $3,319,711,350 SECTION THREE FY 2014/15 LEASE PURCHASES 169 170 This page left blank 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 2014/15. For political subdivisions with outstanding debt, the information in Table 44 is presented by county and jurisdiction. As of June 30, 2015, outstanding lease purchase and third party contracts totaled $1.82 billion, a 60% increase over the $1.14 billion reported for FY 2013/14. The data presented is as complete and accurate as the records submitted by the reporting political subdivisions and agencies. In some cases, data that might have been reported as bond debt in previous reports may have been reported as lease purchase or third party financing debt this year. For 2014/15, 1,476 political subdivision and state agencies submitted reports (separate reports for bonds and lease purchases) compared to 1,134 reports submitted for FY 2013/14. 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. A dozen entities failed to provide information on lease purchase debt as noted in Tables 47 and Table 48. 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 2014/15 Outstanding $5,459,830 $32,954,925 $15,540,604 $10,214,345 $2,652,405 $1,719,315 $4,008,827 $273,246,156 $16,151,428 $15,343,786 $463,927,464 $271,216,133 $40,804,585 $18,870,193 $589,847,799 $37,010,097 $18,385,413 $1,817,353,305 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 15 # of Contracts 31 54 47 34 25 26 19 161 64 57 3 74 76 20 90 73 38 892 FY 14 # of Contracts 25 50 52 48 25 22 19 136 54 44 2 64 60 20 80 75 34 810 Jurisdiction Cities/Towns Community Colleges Counties Other School Districts Special Districts State Grand Total FY 2014/15 Outstanding $123,082,345 $13,214,733 $223,318,042 $463,927,464 $322,275,212 $81,687,705 $589,847,799 $1,817,353,300 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 15 # of Contracts 201 11 82 3 313 192 90 892 FY 14 # of Contracts 205 13 68 2 250 192 80 810 171 172 This page left blank TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Apache County City/Town City of St. Johns Town of Eagar Town of Springerville Totals for City/Town Number of Contracts Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 2 1 4 7 727,023 421,030 50,755 1,198,808 73,155 148,970 81,229 303,354 15,809 20,832 3,083 39,724 15,809 176,933 15,167 207,909 County Apache County Totals for County 5 5 867,472 867,472 791,891 791,891 25,271 25,271 78,028 78,028 School District Chinle Unified School District Ganado Unified School District #20 St. Johns Unified School District Vernon Elementary District #9 Totals for School District 5 1 1 1 8 1,395,861 0 3,333 52,566 1,451,759 837,516 0 12,154 52,566 902,236 0 0 531 0 531 0 0 2,280 0 2,280 146,330 29,548 87,534 777,857 476,334 27,061 397,126 1,941,790 126,502 221,077 225,258 292,089 49,120 10,024 0 924,070 0 4,148 7,827 0 0 861 7,846 20,682 0 82,178 61,684 306,745 0 6,506 167,300 624,413 31 5,459,830 2,921,551 86,208 912,630 2 3 8 5 1 1 9 29 1,681 115,305 6,692,824 9,530,761 0 915 719,756 17,061,243 574,921 274,463 2,813,527 3,837,734 0 2,029 508,580 8,011,253 365 5,642 343,765 246,472 0 196 26,096 622,535 169,805 53,201 2,466,213 801,171 0 1,031 13,047 3,504,468 Special District Alpine Fire District 2 Concho Volunteer Fire District 2 Greer Fire District 2 Northern Apache County Special Health Care District 2 Nutrioso Fire District 1 Ojo Bonito Estates Domestic WID 1 Vernon Fire District 1 Totals for Special District 11 Totals for Apache County Cochise County City/Town City of Benson City of Bisbee City of Douglas City of Sierra Vista City of Tombstone City of Willcox Town of Huachuca City Totals for City/Town Page: 173 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Number of Contracts Name of District Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date Community College Cochise County Community College District Totals for Community College 1 1 9,200,000 9,200,000 5,800,000 5,800,000 467,719 467,719 4,000,982 4,000,982 County Cochise County Totals for County 2 2 2,007,494 2,007,494 2,678,191 2,678,191 20,866 20,866 232,320 232,320 1 2 1 2 1 3 1 1 4 16 0 2,718 41,471 895,875 63,751 1,440,910 28,313 500,544 1,245,932 4,219,514 43,109 184,388 59,327 524,010 75,000 232,862 6,783 134,595 326,926 1,587,000 320 927 2,224 73,172 0 23,423 2,616 0 81,886 184,568 3,093 927 5,137 334,071 0 23,423 2,616 0 321,787 691,054 Special District Mescal-J6 Fire District Naco Fire District Pirtleville Fire District St. David Fire District Totals for Special District 2 1 1 2 6 230,785 16,488 40,656 178,745 466,674 89,215 15,016 81,312 86,204 271,747 11,939 646 0 8,424 21,009 62,577 2,685 2,439 21,835 89,536 Totals for Cochise County 54 32,954,925 18,348,191 1,316,697 8,518,360 5 7 1 13 4,996,677 1,056,160 32,767 6,085,604 7,136,921 965,319 12,739 8,114,979 221,383 55,731 1,484 278,598 3,059,600 340,375 2,349 3,402,324 Community College Coconino Community College District Totals for Community College 1 1 0 0 0 0 0 0 0 0 School District Grand Canyon Unified School District 34 2 516,847 345,283 18,287 146,467 School District Apache Elementary School Benson Unified School District Double Adobe Elementary School #45 Douglas Unified District Elfrida Elementary District Palominas Elementary School District #49 Pearce Elementary District Sierra Vista Unified School District #68 Willcox Unified School District #13 Totals for School District Coconino County City/Town City of Flagstaff City of Williams Town of Fredonia Totals for City/Town Page: 174 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Maine Consolidated School District #10 Page Unified School District #8 Tuba City Unified District Williams Unified School District #2 Totals for School District Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 2 1 1 1 7 41,829 0 104,688 0 663,364 191,911 59,255 121,285 0 717,734 3,503 131 23,753 0 45,674 15,143 5,402 6,051 0 173,063 1 3 1 1 1 5 4 2 7 1 26 146,332 3,773,649 15,200 99,197 248,149 566,721 398,293 128,486 3,090,959 324,650 8,791,637 4,749 981,944 15,200 50,802 23,839 103,135 800,643 131,266 766,714 33,282 2,911,574 3,114 154,678 0 5,826 14,395 20,394 25,071 7,289 75,954 17,860 324,580 3,114 660,652 0 45,181 124,659 30,040 435,045 70,044 225,673 17,860 1,612,268 47 15,540,604 11,744,287 648,853 5,187,655 3 3 195,263 195,263 469,383 469,383 7,063 7,063 32,894 32,894 2 2 2,001 2,001 25,699 25,699 201 201 6,497 6,497 School District Hayden-Winkelman Unified School District #41 1 Miami Unified School District #40 3 Payson Unified School District 5 Totals for School District 9 15,816 803,789 86,531 906,135 99,184 286,469 501,982 887,636 1,279 29,861 5,364 36,503 12,316 64,673 14,490 91,479 Special District Canyon Fire District Christopher Kohls Fire District Hellsgate Fire District Houston Mesa Fire District 93,376 202,030 706,135 57,087 212,336 162,971 93,352 82,913 7,664 6,509 25,948 3,484 85,627 67,548 39,624 34,237 Special District Forest Lakes Fire District Highlands Fire District Junipine Fire District Kaibab Estates West Fire District Pinewood Fire District Pinewood Sanitary District Ponderosa Fire District Sherwood Forest Estates Fire District Summit Fire District Tusayan Fire District Totals for Special District Totals for Coconino County Gila County City/Town Town of Payson Totals for City/Town Community College Gila County Provisional District Totals for Community College 1 2 2 1 Page: 175 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Pine Creek Canyon Domestic WID 3 Pine Strawberry Water Improvement District 1 PineStrawberry Fire District 1 Tonto Basin Fire District 3 TriCity / Central Heights Fire District 4 Whispering Pines Fire District 2 Totals for Special District 20 Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 432,653 6,746,000 91,044 216,625 210,996 355,000 9,110,946 482,348 668,000 29,626 274,881 725,265 0 2,731,692 8,775 337,208 2,406 7,596 16,675 0 416,264 41,722 1,376,725 5,672 50,345 184,313 0 1,885,814 34 10,214,345 4,114,410 460,032 2,016,684 Graham County City/Town City of Safford Town of Pima Town of Thatcher Totals for City/Town 11 1 1 13 417,816 0 156,453 574,270 2,896,704 26,194 494,877 3,417,775 55,423 267 10,110 65,800 1,100,184 2,252 86,785 1,189,221 County Graham County Totals for County 7 7 873,955 873,955 650,340 650,340 20,552 20,552 48,245 48,245 School District Bonita School District #16 Safford Unified School District #1 Totals for School District 1 3 4 47,099 1,154,281 1,201,380 22,444 222,642 245,086 2,260 47,676 49,936 5,229 169,073 174,302 Special District Fort Thomas Fire District Totals for Special District 1 1 2,800 2,800 184,000 184,000 124 124 793 793 Totals for Graham County 25 2,652,405 4,497,201 136,412 1,412,561 24 24 1,595,507 1,595,507 3,457,785 3,457,785 71,560 71,560 315,616 315,616 2 2 123,808 123,808 82,642 82,642 4,528 4,528 4,528 4,528 Totals for Gila County Greenlee County County Greenlee County Totals for County School District Duncan Unified Schools Totals for School District Page: 176 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Totals for Greenlee County Number of Contracts Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 26 1,719,315 3,540,427 76,087 320,143 La Paz County City/Town Town of Parker Town of Quartzsite Totals for City/Town 1 1 2 28,894 0 28,894 27,259 119,709 146,968 3,369 583 3,952 3,369 6,256 9,625 County La Paz County Totals for County 3 3 1,539,035 1,539,035 246,554 246,554 43,210 43,210 126,561 126,561 116,512 56,460 80,097 18,590 271,659 33,638 76,885 25,273 20,000 155,796 542 3,287 2,919 0 6,748 1,749 12,862 4,141 0 18,752 90,978 1,615,757 191,741 270,764 2,169,239 421,313 747,193 386,470 0 1,554,976 6,550 46,385 73,272 10,644 136,851 86,237 764,459 206,399 114,106 1,171,201 19 4,008,827 2,104,294 190,760 1,326,139 2 1 3 1 6 11 1 4 1 1 217,271 11,913 56,509 0 2,115,961 10,463,668 15,344 4,922,676 1,867,983 0 1,503,848 4,219 12,823,943 0 79,282,424 5,246,917 90,374 3,050,799 1,464,297 38,380 21,893 1,128 602,386 0 2,319,464 130,513 1,368 414,222 69,966 1,670 487,380 1,778 2,432,487 0 15,179,365 402,495 10,868 2,769,450 1,003,328 9,300 School District Bicentennial Union High School District #762 Quartzsite School District #4 1 Salome Consolidated Elementary School District 1 #30 Wenden Elementary School District #19 1 Totals for School District 5 Special District Buckskin Volunteer Fire District 2 Ehrenberg Fire District 3 Quartzsite Fire District 3 Wenden Domestic Water Improvement District 1 Totals for Special District 9 Totals for La Paz County Maricopa County City/Town City of Buckeye City of El Mirage City of Glendale City of Litchfield Park City of Mesa City of Phoenix City of Scottsdale City of Tempe Town of Carefree Town of Cave Creek Page: 177 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Town of Gila Bend Town of Paradise Valley Town of Queen Creek Town of Wickenburg Totals for City/Town Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 1 2 5 3 42 0 744,251 20,428,074 681,986 41,525,637 216,898 4,144,815 1,687,981 235,183 109,790,077 1,693 43,808 1,624,209 32,383 5,264,702 18,443 1,056,576 2,820,009 262,729 26,454,208 Community College Maricopa County Community College District 1 Totals for Community College 1 0 0 208,780 208,780 1,062 1,062 51,840 51,840 County Maricopa County Totals for County 3 3 6,187,433 6,187,433 2,141,659 2,141,659 0 0 0 0 School District Agua Fria Union High School District #216 Alhambra Elementary District #68 Avondale Elementary School District #44 Buckeye Elementary School District #33 Buckeye Union High School District #201 Cartwright School District #83 Cave Creek Unified School District #93 Chandler Unified School District #80 Creighton Elementary District Deer Valley Unified School District #97 Dysart Unified School District #89 Gila Bend Unified District Gilbert Unified School District Glendale Elementary School District #40 Glendale Union High School District #205 Higley Unified School District #60 Isaac School District #5 Kyrene School District #28 Liberty Elementary School District #25 Litchfield Elementary School District #79 Littleton Elementary School District #65 Madison School District #38 Murphy Elementary School District #21 Nadaburg Unified School District #81 Palo Verde Elementary District Pendergast Elementary School District #92 3 2 3 1 3 1 3 1 1 1 2 9 3 4 5 5 2 1 1 1 1 4 1 2 1 3 115,355 4,564,387 82,302 0 0 20,093 6,569,022 43,765,000 59,946 178,306 674,478 33,291 7,299,202 5,794,933 9,735,854 62,500,000 5,227,351 123,517 112,514 1,413,653 557,824 434,002 0 206,442 361,703 2,970,302 47,580 4,392,910 55,358 0 7,540,476 73,860 2,453,976 0 229,341 258,490 547,596 44,319 1,500,798 447,437 3,341,359 5,250,390 1,165,849 82,551 187,486 92,359 380,214 835,122 64,743 136,968 101,657 680,925 5,362 0 6,187 0 311,203 3,150 358,049 537,337 5,550 11,786 34,846 1,656 296,636 266,273 673,278 3,240,764 0 6,393 3,724 38,168 48,792 0 1,037 8,348 6,245 155,266 14,383 0 7,620 0 392,431 12,778 1,209,665 537,337 24,297 27,167 94,964 2,927 1,410,004 280,019 2,194,704 7,363,767 0 6,393 11,166 38,168 274,869 0 9,671 9,411 19,140 277,202 Page: 178 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Phoenix Elementary School District #1 Phoenix Union High School District Roosevelt School District #66 Scottsdale Unified School District #48 Sentinel School District #71 Tolleson Elementary School District #17 Tolleson Union High School District #214 Washington Elementary School District #6 Wickenburg Unified School District Totals for School District 3 3 4 8 1 1 1 3 5 93 Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 1,123,788 13,030,000 2,562,371 28,358,058 67,395 140,250 328,307 6,811,026 628,720 205,849,392 1,503,958 0 1,373,288 8,668,391 47,998 134,740 145,818 1,466,508 875,694 44,128,159 42,379 271,919 0 1,388,145 226 11,267 8,356 291,604 69,642 8,103,588 50,264 271,919 13,857 5,819,055 452 11,267 8,356 345,123 195,675 20,934,049 3,217,354 2,898,676 0 76,808 4,721,871 146,975 2,637,294 5,489,367 231,161 264,188 19,683,694 0 618,324 1,244,331 157,002 15,501,147 253,244 597,646 713,024 165,837 92,869 19,343,423 0 126,293 10,001 2,465 205,664 6,320 128,021 171,797 12,348 0 662,908 0 687,683 242,461 59,215 1,883,974 27,294 1,098,782 312,451 259,702 39,132 4,610,695 161 273,246,156 175,612,098 14,032,261 52,050,792 2 1 5 9 17 592,090 85,025 6,645,979 305,601 7,628,695 579,313 124,588 1,972,490 463,100 3,139,491 15,253 3,759 273,952 22,386 315,350 45,486 8,698 972,619 125,099 1,151,902 Community College Mohave Community College District Totals for Community College 1 1 949,167 949,167 369,612 369,612 39,458 39,458 282,540 282,540 County Mohave County Totals for County 7 7 1,017,087 1,017,087 1,444,644 1,444,644 19,995 19,995 71,470 71,470 Special District Arizona Utilities Community Facilities District 1 Buckeye Valley Fire District 1 Daisy Mountain Fire District 5 Harquahala Valley Fire District 2 Maricopa County Special Health Care District 7 Paloma Irrigation and Drainage District 1 Phoenix Mesa Gateway Airport Authority 2 Sun City West Fire District 1 Tonopah Valley Fire District 1 Wittmann Fire District 1 Totals for Special District 22 Totals for Maricopa County Mohave County City/Town City of Bullhead City City of Kingman City of Lake Havasu City Town of Colorado City Totals for City/Town Page: 179 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date School District Bullhead City Elementary School District #15 1 Colorado River Union High School District #2 4 Hackberry School District #3 3 Kingman Unified School District #20 1 Lake Havasu Unified School District #1 2 Mohave Valley School District #16 3 Topock Elementary District 1 Totals for School District 15 1,507,000 1,774,140 20,277 16,795 1,397,684 533,837 30,095 5,279,827 93,000 1,425,422 18,053 14,476 3,297,526 110,947 120,136 5,079,560 26,800 77,244 433 1,896 83,875 23,010 1,882 215,140 26,800 596,130 1,054 1,896 652,822 115,910 8,698 1,403,311 Special District Beaver Dam/Littlefield Fire District Bullhead City Fire District Colorado City Fire District Desert Hills Fire District Golden Shores Fire District Mohave Valley Fire District Oatman Fire District Pine Lake Fire District Totals for Special District 1 13 2 1 3 1 1 2 24 300,815 719,030 39,066 17,359 115,541 711 84,129 0 1,276,651 0 610,368 210,770 2,613 306,599 2,946 28,710 105,219 1,267,225 0 21,171 4,140 298 6,626 0 2,519 0 34,754 0 57,658 50,732 298 83,276 0 2,519 0 194,482 Totals for Mohave County 64 16,151,428 11,300,532 624,697 3,103,705 Navajo County City/Town City of Show Low City of Winslow Town of Pinetop-Lakeside Town of Taylor Totals for City/Town 2 4 3 2 11 1,102,000 796,497 502,347 18,415 2,419,259 601,899 785,773 64,546 372,686 1,824,904 55,451 63,064 17,920 2,653 139,088 183,571 291,380 61,370 78,012 614,333 Community College Northland Pioneer College Totals for Community College 2 2 39,890 39,890 56,697 56,697 4,396 4,396 12,104 12,104 County Navajo County Totals for County 5 5 329,067 329,067 686,018 686,018 15,866 15,866 49,792 49,792 School District Page: 180 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 Blue Ridge Unified School District 4 Cedar Unified School District #25 7 Heber Overgaard Unified School District #6 2 Joseph City USD #2 2 Kayenta Unified School District #27 8 Show Low Unified District 2 Snowflake Unified School District #5 1 Totals for School District 26 3,792,761 60,969 479,887 1,659,707 10,422 676,333 2,188,000 8,868,079 794,753 19,096 46,000 0 353,731 138,667 312,500 1,664,747 86,834 0 0 67,234 4,639 29,468 95,852 284,026 211,403 0 0 67,234 25,820 29,468 247,967 581,891 Special District Heber Domestic Water Improvement District 1 Heber-Overgaard Fire District 1 Joseph City Domestic WID 1 Joseph City Fire District 1 Pinedale Domestic Water Improvement District 1 Pinetop Volunteer Fire District 2 Timber Mesa Fire and Medical District 6 Totals for Special District 13 109,369 74,887 380,921 56,900 34,550 0 3,030,863 3,687,490 149,139 46,000 105,240 114,068 99,450 0 2,251,485 2,765,382 0 0 3,742 3,037 692 0 72,604 80,076 0 0 21,262 63,924 46,840 0 822,269 954,296 57 15,343,786 6,997,748 523,453 2,212,417 2 1 3 16,464 463,911,000 463,927,464 465,890 53,044,000 53,509,890 4,553 36,904,000 36,908,553 49,425 159,685,000 159,734,425 3 463,927,464 53,509,890 36,908,553 159,734,425 Pima County City/Town City of South Tucson City of Tucson Town of Oro Valley Town of Sahuarita Totals for City/Town 1 6 3 1 11 214,613 16,008,745 247,456 0 16,470,814 54,243 7,495,205 480,620 0 8,030,068 10,480 603,800 6,971 0 621,251 11,998 2,977,624 12,322 0 3,001,944 County Pima County Totals for County 10 10 178,156,361 178,156,361 85,176,597 85,176,597 6,588,155 6,588,155 20,767,236 20,767,236 Totals for Navajo County Other County Other Arizona Strip Landfill Corporation Salt River Project Totals for Other Totals for Other County Page: 181 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date School District Altar Valley School District #51 1 Catalina Foothills Unified School District #16 2 Continental Elementary School District 7 Flowing Wells Unified School District 4 Marana Unified School District 2 Sunnyside Unified School District #12 3 Tucson Unified School District #1 13 Vail Unified School District #20 2 Totals for School District 34 410,242 400,606 1,750,454 62,147 10,583,005 2,155,350 47,666,654 0 63,028,458 22,726 3,136,218 504,373 441,564 1,992,273 837,897 8,387,224 2,377,619 17,699,893 14,102 30,843 346 5,216 598,121 65,430 1,941,279 62,409 2,717,746 14,102 60,743 346 41,480 2,713,031 259,463 2,952,422 139,103 6,180,690 Special District Arivaca Fire District 2 Avra Valley Fire District 1 Corona De Tucson Fire District 2 Golder Ranch Fire District 1 Green Valley Fire District 2 Metropolitan Domestic WID 1 Mountain Vista Fire District 2 Mt. Lemmon Domestic Water Improvement District 1 Mt. Lemmon Fire District 2 Picture Rocks Fire District 4 Three Points Fire District 1 Totals for Special District 19 36,320 401,897 1,384,738 1,659,778 1,100,000 598,840 6,834,185 991,124 18,887 425,574 109,156 13,560,499 60,985 148,103 582,533 237,827 234,039 1,901,160 425,011 108,065 278,567 471,858 25,844 4,473,992 0 14,075 0 57,487 20,958 40,250 194,354 10,275 3,982 22,681 3,707 367,769 1,852 46,219 0 57,487 290,327 1,364,262 343,875 47,642 67,201 210,806 3,707 2,433,379 74 271,216,133 115,380,551 10,294,921 32,383,248 4 4 5 3 2 1 2 21 6,610,017 8,081,767 1,438,200 2,834,505 1,230,155 105,221 12,753 20,312,619 2,070,313 2,628,852 1,395,820 817,495 1,247,431 244,779 7,610 8,412,300 19,438 318,755 29,220 84,290 38,080 47,873 0 537,657 66,089 1,823,896 276,108 405,883 459,285 37,204 0 3,068,466 Totals for Pima County Pinal County City/Town City of Apache Junction City of Casa Grande City of Coolidge City of Eloy Town of Florence Town of Kearny Town of Superior Totals for City/Town Community College Page: 182 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Central Arizona Community College Totals for Community College Number of Contracts Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 2 2 3,023,675 3,023,675 15,781,836 15,781,836 148,989 148,989 4,829,497 4,829,497 2 2 418,121 418,121 885,639 885,639 58,439 58,439 657,894 657,894 School District Casa Grande Elementary School District #4 1 Casa Grande Union High School District 3 Coolidge Unified School District #21 3 Eloy Elementary School District 2 Florence Unified School District #1 2 Mammoth-San Manuel Unified School District #8 2 Maricopa Unified School District #20 7 Mary C. O'Brien Accommodation School District 1 Picacho Elementary School 1 Ray Unified District 1 Santa Cruz Valley Union High School #840 5 Superior Unified School District 315 6 Toltec Elementary District 2 Totals for School District 36 1,635,568 1,904,663 0 77,469 200,126 160,960 75,487 0 17,155 14,816 698,300 1,777,329 1,325,483 7,887,354 75,928 350,311 972,512 152,778 241,166 58,880 146,321 0 46,719 13,344 269,135 449,700 304,018 3,080,813 21,223 57,945 33,136 4,367 11,944 12,410 6,648 0 1,674 739 27,212 93,331 0 270,629 21,223 154,902 72,650 12,443 34,312 19,357 21,118 0 7,320 739 120,273 345,155 155,711 965,202 Special District Antelope Peak Domestic WID 1 Arizona City Fire District 2 Arizona City Sanitary District 1 Central AZ Irrigation & Drainage 1 Eloy Fire District 1 Maricopa-Stanfield Irrigation & Drainage District 1 Oracle Volunteer Fire District 1 Pinal County Library District 2 Queen Valley Domestic WID 1 Superstition Fire & Medical District 3 Valle Escondido Domestic WID 1 Totals for Special District 15 311,489 945,152 3,419,507 223,418 1,006,362 0 150,822 418,121 23,469 2,615,613 48,860 9,162,815 7,511 817,099 4,782,525 22,932 0 0 189,178 885,639 23,278 0 1,640 6,729,801 0 58,439 143,512 0 0 0 7,997 30,840 878 0 1,038 242,704 0 657,894 2,724,630 0 0 0 62,098 279,473 3,490 0 1,038 3,728,624 40,804,585 34,890,388 1,258,419 13,249,683 County Pinal County Totals for County Totals for Pinal County 76 Santa Cruz County City/Town Page: 183 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District City of Nogales Totals for City/Town County Santa Cruz County Totals for County Number of Contracts Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 4 4 5,087,906 5,087,906 2,093,010 2,093,010 96,775 96,775 787,577 787,577 7 7 9,518,285 9,518,285 2,338,455 2,338,455 361,801 361,801 1,535,369 1,535,369 0 3,649,532 3,649,532 0 162,263 162,263 0 68,246 68,246 0 198,246 198,246 School District Nogales Unified School District #1 1 Santa Cruz Valley Unified School District #35 2 Totals for School District 3 Special District Nogales Suburban Fire District Rio Rico Fire District Santa Cruz County Jail District Tubac Fire District Totals for Special District 3 1 1 1 6 228,986 242,175 17,039 126,271 614,470 164,369 727,713 455,961 273,729 1,621,772 12,148 7,174 2,337 5,580 27,239 105,031 359,928 40,187 29,726 534,872 Totals for Santa Cruz County 20 18,870,193 6,215,500 554,061 3,056,063 0 68,269,013 287,575,022 348,613 61,889,309 0 0 113,287,672 356 16,778,500 0 41,699,315 589,847,799 0 28,391,547 73,034,958 178,043 40,374,261 0 0 14,836,742 1,067 5,421,974 0 13,811,572 176,050,163 0 3,277,402 0 751 1,182,257 0 0 4,331,722 0 731,371 0 1,941,217 11,464,720 0 36,234,043 0 0 3,327,768 0 0 20,176,356 0 1,553,090 0 18,778,442 80,069,700 589,847,799 176,050,163 11,464,720 80,069,700 State State Arizona Board of Funeral Directors and Embalmers 1 Arizona Department of Administration 3 Arizona Department of Corrections 5 Arizona Department of Economic Security 2 Arizona Department of Transportation 40 Arizona Game and Fish Department 1 Arizona Pioneer's Home 1 Arizona State University 11 Board of Nursing Care Institution Administrators 1 Northern Arizona University 2 Office of Administrative Hearings 1 University of Arizona 22 Totals for State 90 Totals for State County Yavapai 90 County Page: 184 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts City/Town City of Cottonwood Town of Camp Verde Town of Chino Valley Town of Clarkdale Totals for City/Town Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date 6 3 1 1 11 2,921,976 471,891 611,795 0 4,005,662 2,095,800 309,524 103,168 68,037 2,576,528 62,563 9,856 9,545 305 82,269 243,323 21,601 9,545 7,974 282,443 Community College Yavapai College Totals for Community College 1 1 0 0 361,509 361,509 784 784 51,380 51,380 County Yavapai County Totals for County 1 1 20,676,993 20,676,993 29,323,007 29,323,007 958,752 958,752 8,667,160 8,667,160 School District Ash Fork Joint Unified School District #31 2 Beaver Creek School District #26 4 Camp Verde Unified School District #28 3 Chino Valley Unified School District #51 8 Clarkdale-Jerome School 1 Cottonwood-Oak Creek Elementary School District 2 Kirkland Elementary School District #23 1 Mayer Unified School District #43 3 Mingus Union High School District #4 3 Prescott Unified School District 5 Sedona-Oak Creek Joint Unified District 7 Seligman Unified School District #40 1 Walnut Grove Elementary District #7 1 Williamson Valley School District #2 1 Yarnell School District 1 Totals for School District 43 10,842 37,068 1,778,779 1,707,211 80,362 709,881 56,731 691,678 1,563,592 107,571 78,036 158,602 16,628 84,963 17,918 7,099,862 176,152 87,947 714,014 773,026 0 247,980 37,594 340,892 173,155 2,996,262 21,584 0 64,078 44,190 42,516 5,719,391 743 2,123 112,851 76,420 0 39,535 3,056 40,328 41,128 18,276 0 6,021 945 0 815 342,240 7,505 7,440 555,213 333,045 0 148,777 3,386 177,724 52,245 599,418 0 22,953 4,370 0 815 1,912,890 Special District Ash Fork Fire District Camp Verde Fire District Mayer Fire District Montezuma-Rimrock Fire District Peeples Valley Fire District Quail Ridge Domestic WID Sedona Fire District Sheriffs Posse Community Road Improvement 8,553 822,457 1,879,728 375,257 0 182,773 1,909,481 49,330 27,646 257,254 183,789 93,546 96,140 73,527 665,001 160,598 458 30,814 76,221 15,454 1,173 8,066 62,762 3,158 2,987 71,751 632,464 51,883 16,426 74,493 133,373 21,941 1 3 3 3 1 1 3 1 Page: 185 TABLE 44 LEASE PURCHASE CONTRACTS BY COUNTY County Name of District Number of Contracts Amount Outstanding Amount Retired Interest Paid In Current Fiscal Year Interest Paid to Date Williamson Valley Fire District Totals for Special District 1 17 0 5,227,579 340,040 1,897,540 1,911 200,018 107,028 1,112,346 Totals for Yavapai County 73 37,010,097 39,877,976 1,584,064 12,026,219 Yuma County City/Town City of San Luis City of Somerton Town of Wellton Totals for City/Town 14 1 2 17 144,032 236,920 106,719 487,671 219,395 6,791 173,286 399,472 352 0 5,811 6,163 4,527 1,949 58,247 64,723 County Yuma County Totals for County 6 6 131,232 131,232 28,032 28,032 0 0 0 0 8 3 1 12 2,806,541 3,679,998 5,288,550 11,775,089 1,206,806 1,036,183 1,581,838 3,824,827 163,660 177,942 353,400 695,002 272,089 682,162 1,552,532 2,506,783 3 3 5,991,421 5,991,421 2,992,998 2,992,998 234,362 234,362 745,907 745,907 38 18,385,413 7,245,329 935,527 3,317,413 892 1,817,353,303 674,350,535 81,095,723 380,897,838 School District Crane Elementary District #13 Somerton Elementary School District #11 Yuma Union High School District #70 Totals for School District Special District Yuma County Airport Authority Totals for Special District Totals for Yuma County Grand Total Page: 186 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Apache County Cochise County Coconino County Entity Type Name of Jurisdiction School Districts Alpine Elementary District Concho Elementary School District #6 McNary Elementary School District #23 Red Mesa Unified School District #27 Round Valley Unified School District Sanders Unified School District #18 Window Rock Unified District Special Districts Alpine Domestic Water Improvement District Alpine Sanitary District Apache County Library District Ganado Fire District Little Colorado Sanitary District Puerco Valley Fire District Vernon Domestic WID White Mountain Communities Special Health Care District School Districts Ash Creek Elementary School District #53 Bisbee Unified District Bowie Unified School District Cochise Elementary School District #26 Fort Huachuca Accommodation Schools McNeal Elementary School District #55 Naco Elementary School District #23 Pomerene Elementary District San Simon Unified School District St. David Unified School District Tombstone Unified School District #1 Valley Union High School District #22 Special Districts Babocomari Fire District Bowie Fire District Cochise County Flood Control District Elfrida Fire District Fry Fire District Naco Sanitary District Northern Cochise Hospital District PBW Fire District Palominas Fire District Pistachio Pass Irrigation Pomerene Domestic WID Pomerene Volunteer Fire District San Jose Fire District San Pedro Valley Hospital District San Simon Fire District San Simon Water District St. David Domestic Water Improvement District St. David Flood Control District St. David Irrigation District Sunnyside Fire District Sunsites-Pearce Fire District Vanar Flood Control District Wellspring Water District Whetstone Water District Cities and Towns City of Page Page: 187 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Name of Jurisdiction Town of Tusayan Counties Gila County Coconino County School Districts Flagstaff Unified School District #1 Fredonia-Moccasin Unified School District #6 Special Districts Badger Creek Domestic WID Blue Ridge Fire District Flagstaff Ranch Fire District Flagstaff Special Districts Forest Lakes Domestic WID Foxboro Ranch Domestic WID Greenehaven Fire District Hashkinfe Trails Road Improvement District Kiowa-Comanche Road Improvement District Lockett Ranch Fire District Lupine Road Improvement District Majestic View Domestic WID Mormon Lake Fire District North Stardust/Antelope Trails Road ID Page Hospital District Pawnee Road Improvement District Rio Arroyo Road Improvement Shoshone Road Improvement District South Grand Canyon Sanitary District Toho Tolani Road Improvement Tonowanda Road Improvement Valle Domestic WID Westwood Estates Fire District Williams Hospital District Woods Fire District Cities and Towns City of Globe Town of Hayden Town of Miami Town of Star Valley Town of Winkelman Counties Gila County School Districts Globe Unified School District #1 Pine Strawberry Elementary District San Carlos Unified District Tonto Basin School District #33 Young Elementary School District #1 Special Districts Beaver Valley Domestic WID Beaver Valley Fire District Canyon Water Improvement District Dudleyville Volunteer Fire District East Verde Park Fire District Gisela Valley Fire District Northern Gila County Sanitary District Pine Water Association Domestic WID Pleasant Valley Fire District Round Valley/Oxbow Estates Fire District Page: 188 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Graham County Colleges Greenlee County La Paz County Maricopa County Name of Jurisdiction Solitude Trails Domestic WID Strawberry Hollow Wastewater Improvement Sunflower Mesa Domestic WID Tonto Village Domestic WID Tri-City Regional Sanitary District Whispering Pines Domestic WID Eastern Arizona College School Districts Fort Thomas Unified District Klondyke Elementary District Pima Unified School District Solomon Elementary District Thatcher Unified School District #4 Special Districts Central Jackson Heights Fire District Mt. Graham Hospital District Pima Rural Fire District Safford Rural Fire District Cities and Towns Town of Clifton Town of Duncan School Districts Blue Elementary District Clifton Unified School Eagle Elementary District Morenci Unified School District #18 Special Districts Duncan Valley Rural Fire District Franklin Irrigation District School Districts Bouse Elementary School District #26 Parker Unified School District #27 Special Districts Bouse Volunteer Fire District Buckskin Sanitary District Cibola Valley Irrigation & Drainage Electrical District #8 La Paz County Hospital District McMullen Valley Fire District McMullen Valley Water Conservation & Drainage Parker Volunteer Fire District Agencies Arizona Board for Private Postsecondary Education 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 Occupational Therapy Examiners Arizona Board of Podiatry Examiners 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 Page: 189 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Name of Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Arizona Jurisdiction Commission on Uniform State Laws Commission on the Arts Corporation Commission Cotton Research and Protection Council Criminal Justice Commission Department of Agriculture Department of Education Department of Emergency & Military Affairs Department of Environmental Quality Department of Financial Institutions Department of Gaming Department of Health Services Department of Homeland Security Department of Housing Department of Insurance Department of Juvenile Corrections Department of Liquor Licenses and Control Department of Public Safety Department of Racing Department of Real Estate Department of Revenue Department of Veteran's Services Department of Water Resources Department of Weights and Measures Early Childhood Development & Health Board Exposition and State Fair Health Care Cost Containment System House of Representatives Housing Finance Authority Medical Board Office of Tourism Power Authority Radiation Regulatory Agency Sports and Tourism Authority State Board for Charter Schools State Board of Accountancy State Board of Acupuncture State Board of Barbers State Board of Chiropractic Examiners State Board of Dental Examiners State Board of Dispensing Opticians State Board of Equalization State Board of Geographic & Historic Names State Board of Massage Therapy State Board of Nursing State Board of Optometry State Board of Osteopathic Examiners State Board of Pharmacy State Board of Physical Therapy State Board of Respiratory Care Examiners State Board of Technical Registration State Forester State Land Department State Lottery Commission State Mine Inspector Office State Parks State Personnel Board Page: 190 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Name of Jurisdiction Arizona State Retirement System 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 Central Arizona Water Conservation District Citizen's Clean Elections Commission Commission for the Deaf and Hard of Hearing Cooperative Extension Service Court of Appeals Div I 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 Health Facilities Authority Industrial Commission of Arizona Joint Legislative Budget Committee Navigable Stream Adjudication Commission 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 Secretary of State's Office Water Infrastructure Finance Authority Cities and Towns City of Avondale City of Chandler City of Goodyear City of Peoria City of Surprise City of Tolleson Town of Fountain Hills Town of Gilbert Town of Guadalupe Town of Youngtown School Districts Aguila Elementary District #63 Arlington School District #47 Balsz School District #31 East Valley Institute of Technology Fountain Hills Unified School District Fowler Elementary School District #45 Page: 191 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Name of Jurisdiction Maricopa County Regional School District Mesa Unified School District #4 Mobile Elementary School District #86 Morristown Elementary School District #75 Osborn School District #8 Paloma Elementary School District #94 Paradise Valley Unified School District #69 Peoria Unified School District #11 Queen Creek Unified School District #95 Riverside School District #2 Saddle Mountain Unified School District #90 Tempe Elementary School District Tempe Union High School District #213 Union Elementary District West-Mec School District Wilson Elementary District Special Districts #K109 Plymouth Street #K91 Queen Creek Water Adaman Irrigation District #36 Agua Fria Ranch CFD Aguila Fire District Aguila Irrigation District Berridge Manor IWDD #38 Broadland Ranches Greenfield IWDD #39 Buckeye Water Conservation & Drainage District Camelview Irrigation WDD #44 Centerra Community Facilities District Chandler Heights Citrus Irrigation Circle City / Morristown Fire District Circle G Octotillo IWDD #47 Citrus Garden IWDD #33 Clearwater Hills Fire District College Park Country Estates IWDD #53 Cortina Community Facilities District Cottonflower Community Facilities District Cuatro Palmas Irrigation WDD #26 DC Ranch Community Facilities District Eagle Mountain CFD East Morningside Irrigation WDD #8 Eastmark Community Facilities District Electrical District #7 Estrella Mountain Ranch Community Facilities District Festival Ranch Community Facilities District Fountain Hills Sanitary District Goldfield Ranch Fire District Goodyear CFD - General Goodyear CFD - Utlities 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 Page: 192 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Name of Jurisdiction Leroy Vista Irrigation Water Delivery District #12 Little Creek Land Company Domestic WID Long Manor Irrigation Water Delivery District #52 Longhorn Ranch IWDD #51 Los Olivos Irrigation Water Delivery District #1 Madison Park Irrigation WDD #22 Magma Flood Control District Maricopa County Flood Control District Maricopa County Stadium District Maricopa Water District Marley Park CFD McDowell Homes IWDD #7 McDowell Mountain Ranch CFD McDowell Road Commercial Corridor ID McMicken Irrigation District Miller Road Improvement District Mobile Gardens Domestic WID Morrison Ranch Irrigation WDD #49 Myrtle Park IWDD #10 New State Irrigation and Drainage District Ocotillo Water Conservation District #68 Olivewood Estates Irrigation WDD #29 Palm Valley Community Facilities District No. 3 Peoria Improvement District 0601 Puerto Cuatro IWDD #46 Queen Creek IWDD #32 Queen Creek Irrigation District Rancho Solano Improvement District Rancho-Grande & Landerwood IWDD #24 Ranchos Jardines IWDD #34 Rio Verde Fire District Roosevelt Irrigation District Roosevelt Water Conservation District Rose Lane IWDD #28 San Tan Irrigation District Scottsdale Mountain CFD Scottsdale Waterfront Commercial CFD Spectrum Improvement District Spectrum Irrigation Water Delivery District #48 St. Johns Irrigation District Summer Mesa IWDD #50 Sun City Fire District Sun Lakes Fire District Sun View Estates I IWDD #55 Sun View Estates II IWDD #54 Sunburst Farms Irrigation District Sundance Community Facilities District Tanner Groves IWDD #37 Tartesso West Community Facilities District Tatum Ranch Community Facilities District Tempe Improvement Districts Thoroughbred Farms IWDD #43 Tonopah Irrigation District Tonto Hills Domestic WID Tres Palmas IWDD #6 Turney Tract Irrigation Water Delivery District #15 Valley Metro Regional Public Transportation Page: 193 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Mohave County Navajo County Entity Type Name of Jurisdiction 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 Western Meadows Irrigation District Westpark Community Facilities District Whitcombs Roundup Ranchos IWDD #42 Wickenburg Rural Fire District Wildflower Ranch Community Facilities District Wildflower Ranch Community Facilities District No. 2 Windsor Square IWDD #27 Woodlea Irrigation Water Delivery District #2 Woolsey Flood Protection District School Districts Colorado City Unified School District #14 Owens-Whitney Elementary District Peach Springs Unified School District #8 Yucca Elementary School District #13 Special Districts Bullhead City Pest Abatement District Bullhead City Sewer Improvement District. Centennial Park Domestic Water Improvement District Chloride Domestic Water Improvement District Crystal Beach Water Conservation Desert Sky Domestic Water Improvement District Fort Mojave Mesa Fire District Golden Shores Water Conservation Golden Valley Fire District Havasu Heights Domestic Water Hospital District #1Mohave County Lake Havasu Irrigation and Drainage District Lake Mohave Ranchos Fire District Moccasin Domestic Water District Mohave County Airport Authority Mohave Valley Irrigation & Drainage District Mohave Water Conservation District Northern Arizona Consolidated Fire District Pinion Pine Fire District SoHi Domestic Water District Topock / Golden Shores Sanitary District Yucca Fire District Cities and Towns City of Holbrook Town of Snowflake School Districts Holbrook Unified School District #3 Whiteriver Unified School District #20 Special Districts Bucking Horse Improvement District Clay Springs Domestic Water Improvement Clay Springs-Pinedale Fire District Fawnbrook Domestic WID HeberOvergaard Sanitary District Hilltop Drive Improvement District Joseph City Sanitary District Page: 194 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Pima County Agencies Name of Jurisdiction Joseph City Street Light District Madison Lane Circle Improvement McLaws Road Fire District Misty Mountain Domestic WID Mountain View Improvement District Navapache Hospital District North Whistle Stop Loop Improvement District Pinetop-Lakeside Sanitary District Porter Creek Domestic WID Porter Mountain Domestic WID Scott's Pine Tract A Improvement District 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 Sky-Hi Domestic WID Sun Valley Fire District Sutter Drive Improvement District Timberland Acres Domestic WID Timberland Acres Special Road District #1 White Mountain Lake Fire District White Mountain Lake Special Road District #2 White Mountain Summer Home Wonderland Acres Domestic WID Woodruff Fire District Woodruff Irrigation District Arizona Geological Survey Arizona Historical Society Arizona State Schools for the Deaf and the Blind Court of Appeals Div II U of A Health Network Cities and Towns Town of Marana Colleges Pima County Community College District School Districts Ajo Unified District Amphitheater Public Schools Empire Elementary School District #37 Indian Oasis-Baboquivari Unified District Pima County School Reserve Fund Pima County School Superintendents Office Redington Elementary School District #44 Sahuarita Unified District San Fernando Elementary School District #35 Tanque Verde Unified School District #13 Special Districts Ajo-Lukeville Health Services District Cortaro-Marana Irrigation District Dove Mountain Resort CFD Drexel Heights Fire District Flowing Wells Irrigation District Gladden Farms CFD Green Valley Domestic WID Hidden Valley Fire District Page: 195 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Pinal County Entity Type Name of Jurisdiction Marana Domestic Water Improvement District Northwest Fire District Quail Creek Community Facilities District Rancho Sahuarita Community Facilities District Red Hawk Canyon CFD Regional Transportation Authority of Pima County Rincon Valley Fire District Rio Nuevo Multipurpose Facilities District Sabino Vista Fire District Tangerine Farms Road Improvement District Tanque Verde Valley Fire District Three Canyons Domestic Water Improvement District Tucson Airport Authority Tucson Country Club Estates Fire District Why Fire District Cities and Towns City of Maricopa School Districts Apache Junction Unified School District J. O. Combs Unified School District #44 Oracle School District #2 Red Rock Elementary District Sacaton Elementary School District Stanfield Elementary District Special Districts Apache Junction Water CFD City of Florence MPC Cottonwood Gardens SLID Desert Vista Sanitary District Desert Vista Unit 6 SLID Electrical District #2 of Pinal County Electrical District #3 of Pinal County Electrical District #4 of Pinal County Electrical District #5 of Pinal County Electrical District #6 Florence Flood Control District Green Reservoir Flood Control District HoHoKam Irrigation & Drainage District Mammoth Fire District Maricopa Domestic Water Improvement District Maricopa Fire District Maricopa Flood Control District Maricopa Mountain Domestic WID Merrill Ranch CFD#1 Merrill Ranch CFD#2 Midway Flood Control District Mission Royale Community Facilities District New Magma Irrigation & Drainage 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 Services District Queen Creek DWID Queen Valley Fire District Queen Valley Sanitary District Page: 196 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Santa Cruz County State Yavapai County Entity Type Name of Jurisdiction San Carlos Irrigation & Drainage San Manuel Fire District Seven Ranches Domestic WID Silverbell Irrigation District Stanfield Flood Control District Stanfield Volunteer Fire District Superstition Mountains Community Facilities District #1 Thunderbird Farms IWDD #3 Thunderbird Farms Improvement District Thunderbird Fire District Thunderbird IWDD #1 Thunderbird IWDD #2 Villa Grande Improvement District Villago Community Facilities District Cities and Towns Town of Patagonia Colleges Santa Cruz County Provisional Community College District School Districts Patagonia Elementary School District #6 Patagonia Union High School District #20 Santa Cruz Elementary School District #28 Sonoita Elementary District Special Districts Sonoita Elgin Fire District Agencies Arizona Automobile Theft Authority Cities and Towns City of Prescott City of Sedona Town of Dewey Humboldt Town of Jerome Town of Prescott Valley School Districts Bagdad Unified School District #20 Canon School District #50 Congress Elementary School District Crown King Elementary School District Hillside Elementary School District Humboldt Unified School District #22 Skull Valley Elementary School District #15 Special Districts American Ranch Domestic WID Ash Fork Sanitary District Big Park Domestic Wastewater ID Black Canyon City Water Improvement District Black Canyon Fire District Bryce Canyon Drive Domestic WWID Calvary Chapel Domestic WWID Camp Verde Sanitary District Central Yavapai Fire District Central Yavapai Hospital District Chino Valley Fire District Chino Valley Irrigation District Clarkdale Fire District Congress Domestic Water Improvement District Congress Fire District Page: 197 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Yuma County Entity Type Name of Jurisdiction Coyote Springs Creekside Sanitary District Crown King Fire District Diamond Valley Water District Eastridge ESD Hassayampa Community Facilities District High Valley Ranch Domestic WID 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 District 1 CFD Ponderosa Park Domestic Water Improvement Poquito Valley Prescott Water Improvement District P164 Pronghorn CFD Quailwood CFD Raven Ridge CFD Retreat at Oak Creek Domestic WID Seligman Fire District Southside CFD Stoneridge CFD Tapadero Domestic Wastewater Improvement TiPeJi Domestic WID Verde Valley Fire District Yarnell Fire District Yavapai Ranch Domestic WID Cities and Towns City of Yuma Colleges Arizona Western College School Districts Antelope Union High School District Gadsden Elementary School District #32 Hyder School District #16 Mohawk Valley School District #17 Special Districts East San Luis CFD El Prado Estates Improvement District Gadsden Townsite Improvement District Gila Valley AntiNoxious Weed District Gila Valley Irrigation District Hillander C Irrigation District Hyder Valley Irrigation Water Delivery District #35 Improvement District #68 Links at Coyote Wash CFD North Gila Valley Irrigation District Unit B Irrigation District WelltonMohawk AntiNoxious Weed District WelltonMohawk Irrigation District Yuma County Citrus Pest Control Yuma County Hospital District #1 Yuma County Improvement District #07-09 Yuma County Jail District Page: 198 TABLE 45 JURISDICTIONS REPORTING ZERO LEASE PURCHASE CONTRACTS County Entity Type Name Yuma Yuma Yuma Yuma of Jurisdiction County Library District County Pest Abatement District Irrigation District Mesa Irrigation & Drainage Page: 199 SECTION FOUR FY 2014/15 NON REPORTING POLITICAL SUBDIVISIONS 200 Table 46 Jurisdictions Who Failed to Submit Bond Reports Quartzsite School District #4 Table 47 Jurisdictions Who Failed to Submit Bond and Lease Purchase Reports Town of Mammoth Table 48 Jurisdictions Who Failed to Submit Lease Purchase Reports Bowie Water Improvement Chevelon Butte School District #5 Groom Creek Fire District Laveen Elementary School District #59 Littlefield Unified School District #9 Pinon Unified School District #4 Strawberry Hollow Domestic WID Valentine Elementary District Wellton Elementary School District Whetstone Fire District Yuma Elementary School District #1 201