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COMPREHENSIVE ANNUAL FINANCIAL REPORT
ESCAMBIA COUNTY, FLORIDA 
NOTES TO COMBINED FINANCIAL STATEMENTS (CONTINUED) 
SEPTEMBER 30, 2011 
59 
Annual debt service requirements to maturity
 to retire long‐term bonds, notes, and loans are as follows: 
Governmental Long‐Term Debt
Fiscal
Total
Year
Principal
Ending
Revenue Bonds
and
September 30,
Principal
Interest
Interest
2012
$3,605,000
$5,011,416
$8,616,416
2013
3,735,000
4,887,229
8,622,229
2014
3,880,000
4,743,701
8,623,701
2015
4,070,000
4,557,600
8,627,600
2016
4,270,000
4,346,788
8,616,788
2017‐2021
21,805,000
18,436,288
40,241,288
2022‐2026
22,785,000
13,192,988
35,977,988
2027‐2031
28,800,000
7,168,889
35,968,889
2032‐2033
12,100,000
838,725
12,938,725
Total governmental debt
$105,050,000
$63,183,624
$168,233,624
Long‐Term Debt – Bonds
Sales Tax Revenue Refunding Bonds
 Series 2002 in aggregate principal amount of $89,730,000, were issued under 
and pursuant to the Constitution and laws of the State of Florida, particularly Chapter 125, Florida Statutes, as 
amended, Home Rule Ordinance No. 74‐8 of the County, as amended, and ordinances and resolutions adopted by 
the Commission of the County.  The Bonds are limited special obligations of the County collateralized by a lien on 
and pledge of, among other things, the proceeds of the local government half‐cent sales tax distributed to the 
County from the Local Government Half‐Cent Sales Tax Clearing Trust Fund.  The proceeds of the bonds were used 
to finance the costs of a current refunding of all of the County’s Sales Tax Revenue Refunding Bonds Series 1993, 
originally issued in the amount of $50,355,000, with a balance of $48,830,000 at the date of refunding, and to 
provide approximately $39,000,000 to finance the cost of certain capital improvement projects of the County 
including (1) renovating and expanding the Sheriff’s administrative building; (2) renovating the jail infirmary; (3) 
expanding the jail annex; (4) expanding the road prison; (5) acquiring and constructing a parking garage; (6) 
constructing, renovating, and expanding certain facilities contained within the administrative master plan; (7) 
constructing a library facility in Perdido Key; (8) renovating the juvenile justice addition; (9) constructing a new 
one‐stop permitting building; (10) finishing out the third, fourth and fifth floors of the M.C. Blanchard Judicial 
Building; and (11) making certain stormwater improvements.  The Project also includes construction and/or 
equipping of other capital improvements to be determined by the County. 
Capital Improvement Revenue Bonds
 Series 2002 in aggregate principal amount of $22,305,000 were issued 
pursuant to the authority of the Constitution, the laws of the State of Florida, County ordinances, the Santa Rosa 
Island Authority Special Act and various resolutions, including the interlocal agreement entered into by the 
Authority and the County.  The proceeds were spent to finance the construction of certain capital improvements 
on Santa Rosa Island including road improvements to Via DeLuna Drive and Fort Pickens Road, constructing a 
water reclamation and reuse system, making improvements to the stormwater management system, burying 
existing above‐ground utilities, and making certain landscaping improvements.  The 2002 Bonds are special limited 
obligations of the County, payable solely from and secured by pledge of residential and commercial lease revenues 
collected by Santa Rosa Island Authority from island leaseholders (per interlocal agreement) and net toll revenues 
collected for passage across Bob Sikes Bridge to Santa Rosa Island. 
Tourist Development Revenue Refunding Bonds
 Series 2002 in aggregate principal amount of $16,885,000 were 
issued pursuant to the authority of the Constitution, the laws of the State of Florida, including the County’s Home 
Rule Ordinances 74‐8 and 89‐7, and resolutions adopted by the Board of County Commissioners.  The proceeds,