State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1997 Revenue Bond Coverage Connecticut Higher Education Supplemental Loan Authority

State of Connecticut

Revenue Bond Coverage
Connecticut Higher Education Supplemental Loan Authority

Last Ten Fiscal Years
(Expressed in Thousands)
FOR THE YEAR
ENDED JUNE 30,		GROSS RECEIPTS
USED
FOR DEBT
SERVICES (1)		DIRECT
OPERATING
EXPENSES (2)		NET REVENUE
AVAILABLE
FOR DEBT
SERVICE		DEBT SERVICE REQUIREMENTS
PRINCIPAL INTERESTTOTALCOVER-
AGE
1994 $8,778 $1,083 $7,695 $5,630 $3,858 $9,488 0.81
199510,511 1,509 9,002 2,940 5,097 8,037 1.12
199611,525 1,795 9,730 3,970 4,939 8,909 1.09
199718,502 2,544 15,958 5,125 5,796 10,921 1.46

(1) Includes Operating and Non-Operating Revenues and Principal Collections.
(2) Includes Operating Expenses Less Depreciation, Amortization and Interest Expenses.

SOURCE: Connecticut Higher Education Supplemental Loan Authority Financial Statements

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