Harnett County, North Carolina
Bond Coverage - Water and Sewer Bonds
Last Ten Fiscal Years
 
Net
Fiscal  Revenue
Year   Direct Available
Ended Gross Operating for Debt -----  Debt Service Requirements  -----
June 30 Revenues (1) Expenses (2) Service Principal Interest Total Coverage
2001  $  9,919,151  $ 6,144,585  $3,774,566  $1,715,380  $ 1,941,099  $  3,656,479 103.23%
2000      9,517,405     4,912,175    4,605,230    1,629,527     2,006,711      3,636,238 126.65%
1999 9,344,171 4,696,833 4,647,338 1,273,160 1,840,805 3,113,965 149.25%
1998 8,198,715 5,093,005 3,105,710 940,184 1,655,182 2,595,366 119.60%
1997 7,496,252 3,701,680 3,794,572 817,388 1,002,607 1,819,995 208.49%
1996 5,645,438 3,103,467 2,541,971 655,818 987,513 1,643,331 154.68%
1995 4,583,129 2,497,601 2,085,528 217,850 841,670 1,059,520 196.84%
1994 4,025,748 2,035,107 1,990,641 200,150 682,661 882,811 225.49%
1993 3,586,358 1,709,728 1,876,630 246,600 887,513 1,134,113 165.47%
1992 3,022,102 1,323,434 1,698,668 194,473 795,796 990,269 171.54%
 
1.     Total revenues including interest
2.     Total operating expenses exclusive of depreciation and amortization