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 1 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 2 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 4 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 5 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 6 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 8 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 9 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 10 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