State of Connecticut Comprehensive Annual Financial Report Fiscal Year Ended June 30, 1999 Revenue Bond Coverage Connecticut Higher Education Supplemental Loan Authority

State of Connecticut

Revenue Bond Coverage
Connecticut Higher Education Supplemental Loan Authority

Last Six 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

COVERAGE
1994 $8,778 $1,083 $7,695 $5,630 $3,858 $9,488 0.81
1995 10,511 1,509 9,002 2,940 5,097 8,037 1.12
1996 11,525 1,795 9,730 3,970 4,939 8,909 1.09
1997 18,502 1,388 17,114 5,125 5,796 10,921 1.57
1998 15,469 2,040 13,429 5,995 5,670 11,665 1.15
1999 16,752 1,916 14,836 5,956 6,001 11,957 1.24
(1) Includes Operating and Non-Operating Revenues and Principal Collections.
(2) Includes Operating Expenses Less Depreciation, Amortization, Interest Expenses and Provision for Loan Losses.
SOURCE: Connecticut Higher Education Supplemental Loan Authority Financial Statements

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