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<br />SCHEDULE OF ACTUAL REVENUES AND DEBT COVERAGE <br />FOR WATER AND SEWER SYSTEM PLEDGED REVENUE <br /> <br />(Provide information for the two fiscal years preceding the anticipated date of the SRF loan agreement.) <br /> <br />FY <br /> <br />2000 <br /> <br />FY 1999 <br /> <br />(a) Operating Revenues: <br />Water Service <br /> <br />Sewer Service <br /> <br />$441,"186 00 <br /> <br />$114,"180 00 <br /> <br />(b) Interest Income <br /> <br />(c) Other Income or <br />Revenue (Identify) <br /> <br />(d) Total Revenues <br /> <br />(e) Operating Expenses <br />(excluding interest on debt, <br />depreciation, and other <br />non-cash items) S 131 ,990 _ 00 <br /> <br />(f) Net Revenues <br />(f=d-e) S309,396.00 <br /> <br />S51,987.00 <br /> <br />S62,393.00 <br /> <br />(g) Debt Service (including <br />required coverage; should <br />reflect last column of <br />preceding page) <br /> <br />(h) Attach audited annual financial report(s), or pages thereof, and any other documentation <br />necessary to support the above information. Include any notes or comments from the audit <br />reports regarding compliance with covenants of debt obligations having a prior or parity lien on <br />the revenues pledged for repayment of the SRF Loan. (Attachment #-A..J <br /> <br />(i) Attach worksheets reconciling this page with the appropriate financial statements (for example, <br />backing out depreciation and interest payments from operating expenses). (Attachment # .HA.J <br /> <br />G) If the Net Revenues were not sufficient to satisfy the debt service and coverage requirement, <br />please explain what corrective action was taken. (Attachment # .JlA) <br /> <br />DEP Fonn 62-503.900(2) <br /> <br />Page 9 of Il <br /> <br />Effective Date: 07.01.99 <br />