1 9 9 9
BONDED INDEBTEDNESS REPORT
GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
AUGUST 2000
1999 Bonded Indebtedness Report
Overview of the 1999 Bonded Indebtedness Survey
The 1999 Independent Authority Bonded Indebtedness Survey was administered to independent authorities in the State of Georgia in 1999. Georgia law defines an independent authority as separate from a local government, being "a local public body created in and for a county, municipality, consolidated government, or combination thereof, which is authorized to issue bonds under the Constitution and laws" of the state. The characteristics of an independent authority are being an organized entity, having governmental character, and having substantial autonomy. The authority must have some form of organization with it's own corporate powers to make contracts and to acquire and dispose of property. Authorities also evidence governmental character by having officers with a high degree of responsibility to the public. In addition, and perhaps most importantly, authorities evidence governmental character by having the power to issue debt-paying interest. An independent authority has autonomy when it possesses fiscal and administrative independence to determine its own budget, when it can fix and collect charges for its services and when it can issue debt without the review of another local government.
Revenues of Independent Authorities
Independent authorities reported total revenues amounting to just under $1.2 billion in FY 1999. Over 75% of the total revenues for independent authorities, $772 million, were derived from the collection of user fees. Revenues from contributions of local governments amounted to $140 million. Other revenues amounted to just under $139 million and funds from federal grants amounted to $90 million. State grants totaled $79 million and interest earnings totaled an additional $26 million.
Revenues of Independent Authorities, by Source: FY 1999
Interest earnings $26
State grants
$79
Federal grants
$90
Other
Local contributions
User Fees
$140 $140
$772
$0
$250
$500
$750
$1,000
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1999 Bonded Indebtedness Report
Expenditures of Independent Authorities
Authorities reported total expenditures amounting to $1.3 billion in FY 1999. Over 70% or $1 billion of these funds were spent for current operations. Construction costs totaled $102 million while spending for equipment, land and structures amounted to an additional $94 million. Expenditures for other purposes amounted to $63 million and interest expenditures amounted to a total of $52 million.
Expenditures of Independent Authorities, by Type: FY 1999
Interest expenditures $52
Other $63
Equipment, land,
$94
structures
Construction
$102
Current operations
$0
$500
$1,033
$1,000
$1,500
Authority Assets
Independent authorities reported real assets, other than cash and investment assets, totaling $2.2 billion at the end of FY 1999.
Independent authorities held a total of $956 million in cash and investment assets at the end of the 1999 fiscal year. A total of $456 million of this amount was held in the form of bond funds. Assets held in the form of general and all other funds amounted to $426 million while a total of $75 million was held in sinking funds.
Cash and Investment Assets Held EOY, by Type: FY 1999
Sinking funds
$75
Other funds
$426
Bond funds $0
$456
$250
$500
Millions ($)
$750
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1999 Bonded Indebtedness Report
Debt Profile of Independent Authorities
Independent authorities held a total of over $1.5 billion in outstanding debt at the end of FY 1999. Almost all of this debt was held in the form of revenue bond debt as authorities held just $4.1 million in short-term debt. During the year authorities issued a total of $186 million in new debt while a total of $155 million in debt was retired. The amount of debt held by independent authorities increased by over $73 million from the beginning of the fiscal year until the end of the year. Authorities also paid a total of $77 million in interest during the year.
Type
Revenue bond Short-term Total
Debt Held by Independent Authorities: FY 1999 Millions ($)
Amount outstanding at beginning of
fiscal year
Amount issued during
fiscal year
Amount retired during
fiscal year
Amount outstanding at
at end of fiscal year
$1,419 $19
$1,438
$185 $2
$186
$139 $17 $155
$1,507 $4
$1,511
Amount of interest paid during fiscal year
$77
$1
$77
Summary by Type of Authority
Three types of authorities -- hospital, water and sewer, and housing -- dominate the financial picture of independent authorities in the state. The following analysis will focus on these authorities and their position in the financial picture.
Hospital authorities reported revenues totaling $964 million dollars in FY 1999, by far the largest revenue producer among authorities. Water and sewer authorities generated an additional $126 million in revenues during the year. These two types of independent authorities accounted for over 90% of the revenues generated by authorities in the fiscal year. Hospital authorities generated an additional $56 million in revenues.
Hospital authorities also reported expenditures amounting to $1.1 billion in the past fiscal year, almost 85% of the expenditures reported by authorities. Expenditures for water and sewer authorities totaled $139 million while expenditures of housing authorities amounted to $54 million.
Real property assets for hospital authorities totaled over $1 billion in the past fiscal year. Water and sewer authorities reported a total of almost $628 million in real
3
1999 Bonded Indebtedness Report
property assets while housing authorities accounted for an additional $282 million in real property assets. These three types of authorities accounted for almost 90% of the real property assets held by authorities in FY 1999.
Summary of Independent Authority Finances, By Type of Authority: FY 1999 Millions ($)
Type of Authority
Number reporting
Airport
7
Building
3
Development
61
Downtown Development
36
Hospital
30
Housing
55
Industrial Development
29
Multi-County Joint Development 14
Other
7
Parking
2
Public Service
1
Recreation
3
Regional Jail
1
Residential Care for the Elderly 5
Solid Waste Management
6
Stadium and Coliseum
1
Transit
2
Water and Sewer
13
Revenues
5,263,507 90,502
16,892,836 5,330,449
964,273,759 55,660,533 7,512,095 296,831 6,935,011 0 565,000 166,597 40,477 4,714,172 8,411,459 17,888,000 14,828,894
125,946,219
Expenditures
6,423,153 90,790
11,686,690 1,805,359
1,061,696,114 53,793,580 6,920,157 201,788 7,055,054 0 697,134 149,113 25,249 4,622,249 9,704,331 13,479,674 13,687,805
138,735,343
Real property
36,972,259 19,500,000 45,248,051
6,045,292 1,036,064,531
281,692,207 34,724,797
1,044,396 5,018,953
0 0 1,733,846 13,000,000 1,948,585 10,665,101 62,830,262 13,551,201 628,096,532
Cash and
investment assets
3,965,241 559,540
23,929,771 3,872,336
280,356,264 388,240,101
5,924,694 214,108
1,055,736 0 0
200,318 1,697,395 2,017,919 7,772,489 28,408,979 2,195,301 206,006,288
Outstanding debt held
end of fiscal year
revenue bond
short-term
6,130,000 27,210,280 143,086,507
9,642,340 624,257,023 321,119,683
9,457,949 0 0 0 0
1,685,000 12,275,000
6,400,000 6,390,000 73,380,000
0 266,380,741
0 0 2,139,395 106,000 734,931 543,642 354,980 0 2,076 0 0 0 0 100,000 96,000 0 0 18,812
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1999 Bonded Indebtedness Report
County/Authority
Appling County Downtown Development Authority of Baxley Total
Bacon County Alma Downtown Development Authority Total
Baldwin County Development Authority of City of Milledgeville and Baldwin County Housing Authority of City of Milledgeville Milledgeville MainStreet/Downtown Development Authority Total
Barrow County Barrow-Gwinnett Economic Development Authority Winder-Barrow Industrial Building Authority Total
Bartow County Adairsville Development Authority Cartersville Development Authority Cartersville-Bartow County Airport Authority Development Authority of Bartow County Development Authority of Cartersville Joint Development Authority of Bartow County and Pickens County Total
Ben Hill County Development Authority of Ben Hill County Fitzgerald-Ben Hill County Regional Solid Waste Authority Housing Authority of City of Fitzgerald Total
Berrien County Housing Authority of City of Nashville Total
Bibb County Development Authority of Bibb County Joint Development Authority of Bibb, Monroe, and Twiggs Counties
Revenues ($)
Expenditures ($)
Real property assets ($)
Cash assets ($)
Outstanding revenue bond debt EOY ($)
Outstanding short-term debt EOY ($)
0
0
0
0
0
6,000
0
0
0
0
0
6,000
28,896 28,896
28,357 28,357
200,000 200,000
13,851 13,851
0
45,000
0
45,000
1,779,975
582,737
612,361
1,084,096
565,000
0
1,243,206
710,000
9,721,283
175,278
0
0
68,780
53,000
10,045
45,370
0
0
3,091,961
1,345,737
10,343,689
1,304,744
565,000
0
0
0
0
0
0
0
57,673
123,288
171,286
314,240
0
0
57,673
123,288
171,286
314,240
0
0
844
0
0
15,617
0
0
16,121
0
0
0
0
0
0
0
0
0
0
0
55,000
40,000
0
491,169
0
0
0
0
0
0
0
0
0
0
0
0
0
0
71,965
40,000
0
506,786
0
0
0
0
0
0
0
0
916,611
904,357
551,817
21,856
0
0
1,135,543
1,058,172
5,743,823
445,757
169,858
0
2,052,154
1,962,529
6,295,640
467,613
169,858
0
384,034
241,596
5,724,104
532,572
0
0
384,034
241,596
5,724,104
532,572
0
0
52,528
3,463
0
119,465
0
0
0
0
0
0
0
0
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1999 Bonded Indebtedness Report
County/Authority
Macon Water Authority Macon-Bibb County Transit Authority Total
Bulloch County Hospital Authority of Bulloch County Total
Burke County Burke County Economic Development Authority Development Authority of Burke County Total
Butts County Downtown Development Authority of City of Jackson Jackson Housing Authority Total
Camden County Camden County Public Service Authority Development Authority of St. Marys Downtown Development Authority of Kingsland Total
Candler County Development Authority of Metter-Candler County Downtown Development Authority of Metter Housing Authority of City of Metter Total
Carroll County Carroll County Water Authority Carrollton Payroll Development Authority Total
Catoosa County Catoosa County Development Authority Development Authority of Catoosa County Total
Charlton County Development Authority of City of Folkston and Charlton County
Revenues ($)
68,650,349 5,746,966
74,449,843
Expenditures ($)
85,162,809 4,618,950
89,785,222
Real property assets ($)
333,808,722 6,105,564
339,914,286
Cash assets ($)
42,535,376 538,759
43,193,600
Outstanding revenue bond debt EOY ($)
48,350,000 0
48,350,000
Outstanding short-term debt EOY ($)
0 0 0
2,446,138
2,228,239
1,936,653
45,428,994
0
0
2,446,138
2,228,239
1,936,653
45,428,994
0
0
177,559
0
1,480,000
19,396
1,480,000
0
544,495
2,258
830,000
664,030
890,000
0
722,054
2,258
2,310,000
683,426
2,370,000
0
0
0
0
0
0
0
474,987
409,890
2,537,841
246,532
0
0
474,987
409,890
2,537,841
246,532
0
0
565,000
697,134
0
0
0
0
840
0
1,049,900
0
0
0
0
0
0
571,563
4,715,000
0
565,840
697,134
1,049,900
571,563
4,715,000
0
44,007 0
360,648 404,655
44,645 0
303,666 348,311
711,100 0
1,973,408 2,684,508
230 0
103,659 103,889
0
45,750
0
0
0
0
0
45,750
0
41,190
0
0
19,250,000
0
59,325
66,771
0
147,971
0
0
59,325
107,961
0
147,971
19,250,000
0
107,036
101,035
0
0
3,645,000
0
561
0
0
0
0
0
107,597
101,035
0
0
3,645,000
0
0
35,000
162,650
25,183
0
0
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1999 Bonded Indebtedness Report
County/Authority
Solid Waste Management Authority of Charlton County Total
Chatham County Chatham Area Transit Authority Chatham-Savannah Authority for Homeless Downtown Development Authority for City of Garden City Downtown Savannah Authority Savannah Economic Development Authority Total
Chattooga County Chattooga County Development Authority Development Authority of Chattooga County Total
Cherokee County Cherokee County Development Authority Development Authority of Cherokee County Downtown Development Authority of Woodstock Hospital Authority of Cherokee County Housing Authority of City of Canton Joint Development Authority of Cherokee County and Cobb County Total
Athens-Clarke County Athens-Clarke County Downtown Development Authority Athens-Clarke County Industrial Development Authority Downtown Athens Development Authority Total
Cobb County Acworth Area Convention & Visitors Bureau Authority Acworth Downtown Development Authority Acworth Lake Authority Cobb County-Marietta Water Authority Cobb-Marietta Coliseum and Exhibit Hall Authority Development Authority of City of Marietta Hospital Authority of City of Smyrna Industrial Development Authority of Austell
Revenues ($)
0 0
Expenditures ($)
0 35,000
Real property assets ($)
0 162,650
Cash assets ($)
0 25,183
Outstanding revenue bond debt EOY ($)
0 0
Outstanding short-term debt EOY ($)
0 0
9,081,928 688,197 0 0
2,146,145 11,916,270
9,068,855 662,600 0 0
1,979,249 11,710,704
7,445,637 41,043 0 0
13,161,388 20,648,068
1,656,542 26,607 0 0
1,796,452 3,479,601
0 0 0 108,265,000 6,777,566 115,042,566
0 2,076
0 0 0 2,076
4,983
0
0
100,194
0
0
0
0
0
0
0
0
4,983
0
0
100,194
0
0
0 2,604,527
0 0 323,944 0 2,928,471
0 2,315,867
0 0 334,435 0 2,650,302
0 3,882,259
0 0 3,843,580 0 7,725,839
0 7,221,408
0 0 149,763 0 7,371,171
0 11,585,000
0 0 0 0 11,585,000
0 7,360
0 0 0 0 7,360
16
0
0
3,012
0
0
27,810
23,414
1,335,035
311,943
0
0
790,712
761,189
4,728
153,286
3,635,000
0
818,538
784,603
1,339,763
468,241
3,635,000
0
0
0
0
0
0
0
43,302
50,259
0
8,492
0
0
1,048
0
0
19,668
0
0
34,962,015
18,683,983
168,391,000
48,718,971
53,935,000
0
17,888,000
13,479,674
62,830,262
28,408,979
73,380,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7
1999 Bonded Indebtedness Report
County/Authority
Kennesaw Development Authority Kennesaw Downtown Development Authority Total
Colquitt County Hospital Authority of Colquitt County Housing Authority of City of Moultrie Total
Columbia County Columbia County Airport Authority Development Authority of Columbia County Residential Care Facilities For Elderly Authority of Columbia County Solid Waste Management Authority of Columbia County Total
Coweta County Coweta County Solid Waste Authority Coweta, Fayette, Meriwether Joint Development Authority Downtown Development Authority of City of Newnan Newnan-Coweta County Airport Authority Total
Crisp County Cordele Office Building Authority Crisp County-Cordele Industrial Development Authority Development Authority of Crisp County Total
Decatur County Downtown Development Authority of Bainbridge Total
DeKalb County City of Decatur Parking Authority Housing Authority of City of Decatur Housing Authority of City of Lithonia Total
Dodge County Heart of Georgia Regional Airport Authority
Revenues ($)
15,000 44,412 52,953,777
Expenditures ($)
0 293,466 32,507,382
Real property assets ($)
0 255,940 231,477,202
Cash assets ($)
4,573 6,873 77,167,556
Outstanding revenue bond debt EOY ($)
0 0 127,315,000
Outstanding short-term debt EOY ($)
0 0 0
44,456,199
43,770,687
30,646,143
6,838,989
11,935,000
0
0
0
0
0
0
0
44,456,199
43,770,687
30,646,143
6,838,989
11,935,000
0
5
0
0
339
0
0
1,427,930
2,574,506
8,204,559
734,160
8,105,000
0
0
0
0
0
0
0
3,170,088
2,424,021
4,910,338
7,165,045
6,390,000
0
4,598,023
4,998,527
13,114,897
7,899,544
14,495,000
0
1,382,399
1,431,899
1,734,137
54,347
0
0
0
0
0
0
0
0
230
1,000
0
0
0
0
0
0
0
0
0
0
1,382,629
1,432,899
1,734,137
54,347
0
0
90,440
90,790
100,000
0
280
0
453,039
452,046
1,270,000
12,040
0
0
3,723
0
0
46,457
0
0
547,202
542,836
1,370,000
58,497
280
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,661,024
8,497,049
18,804,654
1,614,382
5,690,000
0
254,633
229,589
2,236,184
110,963
0
0
8,915,657
8,726,638
21,040,838
1,725,345
5,690,000
0
100,175
124,202
80,738
26,076
0
0
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1999 Bonded Indebtedness Report
County/Authority
Total
Dooly County Development Authority of City of Unadilla Dooly County Industrial Development Authority Total
Dougherty County Hospital Authority of Albany-Dougherty County Total
Emanuel County Emanuel-Johnson County Development Authority Total
Evans County City of Claxton Downtown Development Authority Hospital Authority of Evans County Total
Fayette County Peachtree City Water and Sewerage Authority Total
Floyd County Development Authority of Floyd County Downtown Development Authority of City of Rome Total
Forsyth County Forsyth County Water and Sewerage Authority Total
Franklin County Franklin County Water & Sewerage Authority Housing Authority of City of Royston Solid Waste Management Authority of Franklin County Total
Fulton County Atlanta Development Authority Development Authority of Fulton County
Revenues ($) Expenditures ($)
100,175
124,202
Real property assets ($)
80,738
Cash assets ($)
26,076
Outstanding revenue bond debt EOY ($)
0
Outstanding short-term debt EOY ($)
0
0
0
0
4,105
0
0
17,000
16,845
350,000
19
0
0
17,000
16,845
350,000
4,124
0
0
15,664,225
15,664,224
0
1,627,371
93,690,000
0
15,664,225
15,664,224
0
1,627,371
93,690,000
0
0
0
0
0
0
0
0
0
0
0
0
0
10,000 14,752,703 14,762,703
0 16,183,994 16,183,994
0 14,123,109 14,123,109
10,391 824,549 834,940
0 3,035,000 3,035,000
0 80,000 80,000
4,658,092
4,341,702
17,051,339
8,679,393
27,345,000
0
4,658,092
4,341,702
17,051,339
8,679,393
27,345,000
0
20,055
55,925
3,350,000
446,343
0
0
88,356
99,689
0
99,742
0
0
108,411
155,614
3,350,000
546,085
0
0
10,713,539
17,956,124
64,768,060
35,108,454
47,470,000
0
10,713,539
17,956,124
64,768,060
35,108,454
47,470,000
0
133,824
158,464
0
1,786,163
703,350
0
603,465
503,622
6,838,171
335,645
0
0
389,108
192,129
0
0
0
0
1,126,397
854,215
6,838,171
2,121,808
703,350
0
8,757,430
4,075,280
7,406,960
7,435,740
0
0
245,177
272,609
0
769,251
0
0
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1999 Bonded Indebtedness Report
County/Authority
Downtown Development Authority of City of Atlanta Downtown Development Authority of City of Roswell Fulton-DeKalb Hospital Authority Hospital Authority of Fulton County Housing Authority of City of Roswell Joint Development Authority of Metropolitan Atlanta Residential Care Facilities for Elderly Authority of Fulton County South Fulton Municipal Regional Jail Authority Urban Residential Finance Authority of City of Atlanta Total
Gilmer County Housing Authority of City of Ellijay Total
Glascock County Gibson Housing Authority Total
Glynn County Downtown Development Authority of Brunswick Total
Gordon County Calhoun-Gordon County Airport Authority Development Authority of Gordon County Gordon County - Floyd County Development Authority Total
Grady County City of Cairo Development Authority Housing Authority of City of Cairo Total
Greene County Greene County Development Authority Total
Gwinnett County Development Authority of Gwinnett County Housing Authority of City of Sugar Hill
Revenues ($)
3,937,991 0
437,279,531 12,314,000 0 0 2,172 40,477 1,297,828 463,874,606
Expenditures ($)
188,289 0
528,236,522 5,218,000 531,285 0 1,900 25,249 896,698
539,445,832
Real property assets ($)
2,406,242 0
534,250,570 102,774,000
2,575,000 0 0
13,000,000 1,477,728
663,890,500
Cash assets ($)
2,448,390 1,533
43,465,875 6,074,000 424,000 0 67,689 1,697,395
370,412,286 432,796,159
Outstanding revenue bond debt EOY ($)
0 0 300,359,434 98,265,000 0 0 0 12,275,000 295,036,819 705,936,253
Outstanding short-term debt EOY ($)
0 0 0 0 0 0 0 0 0 0
305,754
283,970
4,996,648
105,794
0
0
305,754
283,970
4,996,648
105,794
0
0
54,153
63,386
586,499
51,212
0
0
54,153
63,386
586,499
51,212
0
0
80,026
74,771
11,000
221,946
0
0
80,026
74,771
11,000
221,946
0
0
373,664 127,060
0 500,724
365,809 191,872
50 557,731
1,010,230 1,596,841 1,026,182 3,633,253
53,158 393,627
0 446,785
0
0
0
1,050,000
0
0
0
1,050,000
12,399
384,435
643,613
2,048,611
2,460,000
0
475,104
337,041
8,865,732
360,519
0
0
487,503
721,476
9,509,345
2,409,130
2,460,000
0
101,265 101,265
101,265 101,265
1,815,592 1,815,592
0
430,000
0
430,000
3,200 3,200
6,929
16,104
0
439,062
0
0
25,573
0
0
25,573
12,790,000
0
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1999 Bonded Indebtedness Report
County/Authority
Residential Care Facilities for Elderly Authority of Gwinnett County Total
Hall County Development Authority of City of Oakwood Housing Authority of City of Oakwood Total
Haralson County Development Authority of City of Tallapoosa Downtown Development Authority of City of Tallapoosa Tallapoosa Development Authority Tallapoosa Recreation Authority Total
Harris County Development Authority of Harris County Total
Hart County Downtown Development Authority of Hartwell Hart County Industrial Building Authority Hart County Industrial Development Authority Hospital Authority of Hart County Housing Authority of City of Hartwell Total
Henry County City of Stockbridge Downtown Development Authority Housing Authority of City of Hampton Housing Authority of City of McDonough Total
Houston County Housing Authority of City of Warner Robins Housing Authority of County of Houston Total
Irwin County Ocilla-Irwin County Industrial Development Authority Total
Revenues ($)
45 32,546
Expenditures ($)
20 16,124
Real property assets ($)
0 0
Cash assets ($)
3,407 468,042
Outstanding revenue bond debt EOY ($)
0 12,790,000
Outstanding short-term debt EOY ($)
0 0
0
0
0
0
0
0
1,715
0
0
1,747
0
0
1,715
0
0
1,747
0
0
0
0
0
0
0
0
0
0
0
0
0
0
103,657
57,895
1,912,427
0
654,007
0
115,549
99,113
1,733,846
180,650
1,685,000
0
219,206
157,008
3,646,273
180,650
2,339,007
0
40,000
0
0
464
0
0
40,000
0
0
464
0
0
104,675
82,022
0
62,682
0
0
370,000
0
0
0
0
0
74,346
31,217
39,000
130,006
0
0
7,402
282,201
3,092,100
154,936
0
0
1,042,733
981,345
6,883,413
355,344
0
0
1,599,156
1,376,785
10,014,513
702,968
0
0
0
0
0
0
0
0
62,095
74,883
856,416
117,820
0
0
451,784
481,029
4,186,840
73,645
0
0
513,879
555,912
5,043,256
191,465
0
0
1,106,796
1,096,423
13,315,637
177,859
0
0
89,336
90,771
1,497,768
66,911
0
0
1,196,132
1,187,194
14,813,405
244,770
0
0
202,056 202,056
136,004 136,004
1,011,369 1,011,369
205,948 205,948
0
76,355
0
76,355
11
1999 Bonded Indebtedness Report
County/Authority
Jackson County Commerce Housing Authority Nicholson Water Authority Total
Jasper County Development Authority of Jasper County Jasper County Economic Development Authority Total
Jefferson County Hospital Authority of Jefferson County and City of Louisville Housing Authority of City of Louisville Total
Jenkins County Development Authority of Jenkins County Housing Authority of City of Millen Total
Johnson County Housing Authority of City of Wrightsville Total
Lamar County Barnesville Housing Authority Lamar County Regional Solid Waste Authority Total
Lanier County Housing Authority of City of Lakeland Total
Lee County Development Authority of Lee County Housing Authority of Lee County Total
Lowndes County Housing Authority of City of Hahira Residential Care Facilities for Elderly Authority of Lowndes County
Revenues ($)
Expenditures ($)
Real property assets ($)
Cash assets ($)
Outstanding revenue bond debt EOY ($)
Outstanding short-term debt EOY ($)
38,722 234,333 273,055
108,748 223,971 332,719
1,900,120 502,908
2,403,028
91,543 65,403 156,946
0
0
0
18,812
0
18,812
76,183
65,782
75,000
173,744
0
0
0
0
0
0
0
0
76,183
65,782
75,000
173,744
0
0
6,903,945
7,104,219
2,945,508
1,523,278
560,000
0
191,843
196,165
801,280
69,810
0
0
7,095,788
7,300,384
3,746,788
1,593,088
560,000
0
0
0
0
0
0
0
201,847
212,545
824,390
104,653
0
0
201,847
212,545
824,390
104,653
0
0
182,828
142,047
2,852,524
132,530
1,963,953
0
182,828
142,047
2,852,524
132,530
1,963,953
0
382,093 2,553,253 2,935,346
378,855 4,751,925 5,130,780
3,558,743 3,468,809 7,027,552
154,677 531,241 685,918
0
0
0
96,000
0
96,000
41,976
29,552
651,916
26,637
0
0
41,976
29,552
651,916
26,637
0
0
250,000
82,385
0
169,456
0
0
400,980
350,106
3,672,761
160,026
0
0
650,980
432,491
3,672,761
329,482
0
0
31,872 4,711,955
24,458 4,620,329
484,880 1,948,585
41,769 1,946,823
0 6,400,000
0 100,000
12
1999 Bonded Indebtedness Report
County/Authority
Valdosta Housing Authority Total
Lumpkin County Hospital Authority of Lumpkin County Housing Authority of City of Dahlonega Lumpkin County Water & Sewerage Authority Total
McDuffie County Development Authority of McDuffie County Housing Authority of City of Thomson McDuffie County Hospital Authority Total
Madison County Madison County Industrial Development and Building Authority Total
Marion County Housing Authority of City of Buena Vista Total
Meriwether County Meriwether County Industrial Development Authority Total
Mitchell County Development Authority of City of Camilla Downtown Camilla Development Authority Total
Monroe County Development Authority of Monroe County Hospital Authority of Monroe County Monroe County Industrial Development Authority Total
Morgan County Development Authority of Morgan County Morgan County Water Authority
Revenues ($)
1,265,603 6,009,430
Expenditures ($)
1,347,155 5,991,942
Real property assets ($)
18,145,016 20,578,481
Cash assets ($)
240,425 2,229,017
Outstanding revenue bond debt EOY ($)
0 6,400,000
Outstanding short-term debt EOY ($)
0 100,000
69,824
12,381
0
1,178,328
0
0
41,040
45,704
1,626,823
56,019
16,036
0
0
0
0
0
0
0
110,864
58,085
1,626,823
1,234,347
16,036
0
0
0
0
0
0
0
484,173
474,775
3,240,871
313,853
0
0
13,639,408
12,583,752
10,423,872
0
771,185
0
14,123,581
13,058,527
13,664,743
313,853
771,185
0
18,832
34,527
422,000
0
0
0
18,832
34,527
422,000
0
0
0
191,953
205,913
1,989,108
106,610
0
0
191,953
205,913
1,989,108
106,610
0
0
273,916
308,602
28,615
6,523
879,064
0
273,916
308,602
28,615
6,523
879,064
0
48,991 88,313 137,304
18,333 122,967 141,300
408,122 3,084,287 3,492,409
30,658 164,628 195,286
0 1,292,340 1,292,340
102,698 55,000 157,698
91,106
143,086
1,556,700
671,672
725,000
0
6,889,268
7,921,369
3,152,126
2,257,049
654,477
0
0
0
0
0
0
0
6,980,374
8,064,455
4,708,826
2,928,721
1,379,477
0
0
0
0
0
0
0
0
0
0
0
0
0
13
1999 Bonded Indebtedness Report
County/Authority
Total
Columbus/Muscogee County Columbus Airport Commission Total
Newton County Newton County Hospital Authority Total
Oconee County Upper Oconee Basin Water Authority Total
Paulding County Downtown Development Authority of City of Dallas Total
Peach County Byron Development Authority Byron Downtown Development Authority Byron Redevelopment Authority Total
Pickens County Development Authority of Pickens County Total
Pike County Pike County Recreation Authority Total
Polk County Development Authority of Polk County Rockmart Development Authority Total
Putnam County Development Authority of Putnam County Lake Oconee Area Development Authority Putnam Development Authority Total
Revenues ($) Expenditures ($)
0
0
Real property assets ($)
0
Cash assets ($)
0
Outstanding revenue bond debt EOY ($)
0
Outstanding short-term debt EOY ($)
0
3,531,492
4,571,102
24,726,753
3,744,233
6,130,000
0
3,531,492
4,571,102
24,726,753
3,744,233
6,130,000
0
33,918,115
34,441,109
22,559,213
8,241,664
2,990,000
0
33,918,115
34,441,109
22,559,213
8,241,664
2,990,000
0
3,320,991
7,711,164
8,423,622
65,517,753
60,770,000
0
3,320,991
7,711,164
8,423,622
65,517,753
60,770,000
0
736
0
0
45,401
0
0
736
0
0
45,401
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,076
0
0
0
0
0
20,076
0
0
0
0
103,111
80,625
173,218
80,946
0
0
103,111
80,625
173,218
80,946
0
0
50,000
50,000
0
0
0
0
50,000
50,000
0
0
0
0
98,540
96,000
0
0
0
0
919,509
1,000,675
1,579,910
106,690
0
0
1,018,049
1,096,675
1,579,910
106,690
0
0
0
0
0
0
0
0
0
0
0
0
0
0
237,700
72,751
1,486,672
490,000
0
0
237,700
72,751
1,486,672
490,000
0
0
14
1999 Bonded Indebtedness Report
County/Authority
Randolph County Housing Authority of City of Cuthbert Housing Authority of City of Fort Gaines Total
Augusta/Richmond County Augusta Ports Authority Development Authority of Richmond County Richmond County Hospital Authority Total
Rockdale County Development Authority of Rockdale County Rockdale County Water and Sewerage Authority Total
Schley County Housing Authority of City of Ellaville Total
Screven County City of Sylvania Downtown Development Authority Housing Authority of County of Screven Total
Seminole County Downtown Development Authority of Donalsonville Total
Spalding County Butts - Henry - Lamar - Spalding County Joint Development Downtown Development Authority of City of Griffin Housing Authority of City of Griffin Total
Stephens County Stephens County Development Authority Stephens County Hospital Authority Total
Revenues ($)
Expenditures ($)
Real property assets ($)
Cash assets ($)
Outstanding revenue bond debt EOY ($)
Outstanding short-term debt EOY ($)
574,310
498,600
4,669,000
375,135
0
0
167,721
171,690
1,247,000
47,591
0
0
742,031
670,290
5,916,000
422,726
0
0
50
2,700
0
0
0
0
230,566
200,137
2,106,846
1,381,622
0
0
5,020,660
0
0
0
0
0
5,251,276
202,837
2,106,846
1,381,622
0
0
172,783
46,136
0
186,487
0
0
0
0
0
0
0
0
172,783
46,136
0
186,487
0
0
117,733
100,906
1,120,893
111,921
0
0
117,733
100,906
1,120,893
111,921
0
0
0
0
0
0
0
0
58,338
57,115
106,500
17,003
0
0
58,338
57,115
106,500
17,003
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,076,740
475,144
4,340,765
556,366
0
0
1,076,740
475,144
4,340,765
556,366
0
0
300,877 30,654,540 30,955,417
287,800 29,668,691 29,956,491
1,270,331 15,756,419 17,026,750
185,005 6,312,394 6,497,399
375,000 8,594,638 8,969,638
667,887 0
667,887
15
1999 Bonded Indebtedness Report
County/Authority
Stewart County Downtown Development Authority of City of Richland Total
Sumter County Americus and Sumter County Hospital Authority Development Authority of City of Americus Housing Authority of City of Americus Sumter County Industrial Development Authority Total
Talbot County Consolidated Housing Authority of Talbot County Total
Tattnall County Tattnall County Development Authority Total
Terrell County Downtown Development Authority of City of Dawson Housing Authority of City of Dawson Total
Thomas County Development Authority of Brooks, Colquitt and Thomas Counties Southwest Georgia Business and Development Authority Thomasville Payroll Development Authority Total
Tift County Tift County Hospital Authority Total
Toombs County Toombs County Development Authority Total
Treutlen County Treutlen County Hospital Authority Total
Revenues ($)
Expenditures ($)
Real property assets ($)
Cash assets ($)
Outstanding revenue bond debt EOY ($)
Outstanding short-term debt EOY ($)
0
0
0
0
0
0
0
0
0
0
0
0
44,861,955
53,046,660
39,610,397
28,740,178
20,525,000
0
0
0
0
0
0
0
4,894,913
4,287,788
25,464,167
2,420,688
526,763
0
0
0
0
0
0
0
49,756,868
57,334,448
65,074,564
31,160,866
21,051,763
0
49,106
46,443
0
24,436
29,355
0
49,106
46,443
0
24,436
29,355
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
727,066
365,844
5,323,119
485,046
622,736
0
727,066
365,844
5,323,119
485,046
622,736
0
0
0
0
0
0
0
215,309
232,133
0
26,537
0
0
182,314
507,057
5,669,426
70,192
0
0
397,623
739,190
5,669,426
96,729
0
0
72,891,000
76,262,322
63,857,215
40,313,642
20,000,000
0
72,891,000
76,262,322
63,857,215
40,313,642
20,000,000
0
410,765
1,108,495
2,470,978
727,028
1,236,319
0
410,765
1,108,495
2,470,978
727,028
1,236,319
0
116,381
182,399
1,168,310
195,208
0
0
116,381
182,399
1,168,310
195,208
0
0
16
1999 Bonded Indebtedness Report
County/Authority
Troup County Hogansville Development Authority Troup County Airport Authority Total
Turner County Housing Authority of City of Ashburn Total
Twiggs County Development Authority of City of Jeffersonville and Twiggs County Total
Union County Development Authority of Union County Joint Development Authority of Fannin County, Towns County and Total
Upson County Hospital Authority of Upson County Thomaston-Upson County Airport Authority Total
Walker County Development Authority of LaFayette Downtown Development Authority of City of LaFayette LaFayette Hospital Authority LaFayette Housing Authority Walker County Development Authority Walker County Water and Sewerage Authority Total
Walton County Development Authority of Walton County Walton County Hospital Authority Walton Industrial Building Authority Total
Ware County Waycross and Ware County Development Authority Total
Revenues ($)
Expenditures ($)
Real property assets ($)
Cash assets ($)
Outstanding revenue bond debt EOY ($)
Outstanding short-term debt EOY ($)
4,000
24
15,000
11,033
0
0
738,071
910,406
2,697,769
38,248
0
0
742,071
910,430
2,712,769
49,281
0
0
378,819
368,141
4,026,672
152,603
0
0
378,819
368,141
4,026,672
152,603
0
0
0
0
0
0
0
0
0
0
0
0
0
0
29,274 0
29,274
94,774 0
94,774
2,898,349 0
2,898,349
13,692 0
13,692
0
278,625
0
0
0
278,625
417,635
417,635
15,129,792
7,830,000
7,830,000
0
620,275
575,836
8,537,507
129,263
0
0
1,037,910
993,471
23,667,299
7,959,263
7,830,000
0
0
0
0
0
0
0
0
0
0
0
0
0
45
458
0
1,522
0
0
1,020,017
671,842
10,679,045
0
0
0
0
0
0
2,273
0
0
3,151,236
4,330,891
34,651,951
3,484,369
8,330,000
0
4,171,298
5,003,191
45,330,996
3,488,164
8,330,000
0
666,377
239,229
3,368,106
87,515
1,100,000
0
24,784,991
26,794,518
18,221,776
1,413,037
1,352,289
0
62
0
0
5,727
0
0
25,451,430
27,033,747
21,589,882
1,506,279
2,452,289
0
39,623
69,214
2,880,770
51,032
0
0
39,623
69,214
2,880,770
51,032
0
0
17
1999 Bonded Indebtedness Report
County/Authority
Warren County Housing Authority of City of Warrenton Total
Washington County Hospital Authority of Washington County Total
Wayne County Housing Authority of City of Jesup Wayne County Industrial Development Authority Total
Wheeler County Development Authority of Wheeler County Total
White County Development Authority of White County Total
Whitfield County City of Dalton Building Authority Development Authority of Whitfield County Residential Care Facilities for Elderly Authority of Whitfield County Total
Wilcox County Wilcox County Development Authority Total
Wilkes County City of Washington Downtown Development Authority Hospital Authority of Wilkes County Housing Authority of City of Washington Washington-Wilkes Payroll Development Authority Total
Wilkinson County Development Authority of City of Gordon Development Authority of Wilkinson County Total
Revenues ($)
Expenditures ($)
Real property assets ($)
Cash assets ($)
Outstanding revenue bond debt EOY ($)
Outstanding short-term debt EOY ($)
232,586
226,677
2,546,219
106,487
0
0
232,586
226,677
2,546,219
106,487
0
0
20,431,793 20,431,793
22,726,256 22,726,256
18,341,277 18,341,277
2,182,220 2,182,220
6,365,000 6,365,000
543,568 543,568
339,857
378,942
5,256,664
111,840
2,959,728
0
308,172
232,532
1,629,885
318,119
0
0
648,029
611,474
6,886,549
429,959
2,959,728
0
26,000 26,000
25,000 25,000
117,000 117,000
9,000 9,000
0
25,000
0
25,000
33,650
11,637
0
34,590
0
0
33,650
11,637
0
34,590
0
0
0
0
19,400,000
553,813
27,210,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19,400,000
553,813
27,210,000
0
0
0
0
0
0
0
0
0
0
0
0
0
44,004
50,350
73,050
15,176
0
0
9,608,012
9,292,796
12,045,222
708,514
0
0
243,459
251,102
2,643,406
89,304
0
0
54,147
52,940
319,580
13,365
0
0
9,949,622
9,647,188
15,081,258
826,359
0
0
152,000 0
152,000
125,300 0
125,300
0
27,023
0
0
0
27,023
0
0
0
237,500
0
237,500
18
1999 Bonded Indebtedness Report
County/Authority
Worth County Housing Authority City of Sylvester Total
Revenues ($)
Expenditures ($)
Real property assets ($)
Cash assets ($)
Outstanding revenue bond debt EOY ($)
Outstanding short-term debt EOY ($)
924,292
826,428
8,783,545
200,000
0
0
924,292
826,428
8,783,545
200,000
0
0
19