| Table 13 | |||||||||||||||
| CITY OF LAWRENCE, KANSAS | |||||||||||||||
| Revenue Bond Coverage – Water and Sewer Fund | |||||||||||||||
| Last Ten Fiscal Years | |||||||||||||||
| Unaudited | |||||||||||||||
| Net Revenue | |||||||||||||||
| Available | |||||||||||||||
| Operating | Operating | For Debt | |||||||||||||
| Year | Revenue | Expenses | Service | Principal | Interest | Total | Coverage | ||||||||
| 1996 | $14,349,648 | $8,910,558 | $5,439,090 | $1,645,000 | $464,733 | $2,109,733 | 3.88 | ||||||||
| 1997 | 15,456,466 | 9,618,109 | 5,838,357 | 1,290,000 | 806,524 | 2,096,524 | 2.78 | ||||||||
| 1998 | 17,564,406 | 10,222,628 | 7,341,778 | 1,105,000 | 874,335 | 1,979,335 | 3.71 | ||||||||
| 1999 | 19,420,407 | 10,937,931 | 8,482,476 | 1,155,000 | 878,794 | 2,033,794 | 4.17 | ||||||||
| 2000 | 20,886,254 | 11,564,734 | 9,321,520 | 1,220,000 | 901,286 | 2,121,286 | 4.39 | ||||||||
| 2001 | 21,312,400 | 12,512,695 | 8,799,705 | 1,285,000 | 874,322 | 2,159,322 | 4.08 | ||||||||
| 2002 | 22,210,827 | 13,372,496 | 8,838,331 | 1,345,000 | 615,325 | 1,960,325 | 4.51 | ||||||||
| 2003 | 22,726,952 | 14,344,670 | 8,382,282 | 1,035,000 | 545,970 | 1,580,970 | 5.30 | ||||||||
| 2004 | 21,980,918 | 14,931,102 | 7,049,816 | 540,000 | 494,720 | 1,034,720 | 6.81 | ||||||||
| 2005 | 24,666,589 | 16,503,951 | 8,162,638 | 570,000 | 468,958 | 1,038,958 | 7.86 | ||||||||