Revenue Bond Coverage
Bradley International Airport
Last Ten Fiscal Years | |||||||
(Expressed in Thousands) | |||||||
FOR THE YEAR ENDED JUNE 30, | GROSS REVENUES (1) | DIRECT OPERATING EXPENSES (2) | NET REVENUE AVAILABLE FOR DEBT SERVICE | DEBT SERVICE REQUIREMENTS | |||
---|---|---|---|---|---|---|---|
PRINCIPAL | INTEREST | TOTAL | COVER- AGE | ||||
1988 | $25,619 | $13,487 | $12,132 | $- | $10,283 | $10,283 | 1.18 |
1989 | 32,049 | 14,395 | 17,654 | 995 | 10,093 | 11,088 | 1.59 |
1990 | 37,000 | 15,711 | 21,289 | 1,075 | 10,250 | 11,325 | 1.88 |
1991 | 33,589 | 16,312 | 17,277 | 1,175 | 10,305 | 11,480 | 1.50 |
1992 | 31,307 | 16,675 | 14,632 | 1,285 | 10,384 | 11,669 | 1.25 |
1993 | 30,399 | 17,859 | 12,540 | 1,405 | 8,157 | 9,562 | 1.31 |
1994 | 34,355 | 18,966 | 15,389 | 2,295 | 7,275 | 9,570 | 1.61 |
1995 | 40,217 | 18,757 | 21,460 | 2,455 | 7,104 | 9,559 | 2.25 |
1996 | 38,313 | 20,575 | 17,738 | 2,630 | 6,919 | 9,549 | 1.86 |
1997 | 38,794 | 19,746 | 19,048 | 2,820 | 6,718 | 9,538 | 2.00 |
(1) Includes Operating and Non-Operating Revenues.
(2) Includes Operating Expenses Less Depreciation, & Interest Expenses.
SOURCES: Bradley International Airport Financial Statements
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