ACFR FY 2023 Final - Flipbook - Page 173
STATISTICAL SECTION
City of Eustis, Florida
Schedule 11
Page 1 of 2
City of Eustis, Florida
Pledged-Revenue Coverage
Last Ten Fiscal Years
September 30, 2023
Fiscal
Year
(1)
Utility
Revenues
(2)
Less
Operating
Expenses
Water & Sewer Pledged Bonds
Revenue Bond Series 2016
Add Back
Depreciation
Expense
Net
Available
Revenue
Principal
Interest
State Revolving Loan
Principal
Interest
Total Debt
Payments
Coverage
2013-14
8,889,156
7,577,460
2,257,048
3,568,744
-
-
421,704
200,007
621,711
5ÿ74
2014-15
9,989,126
8,222,159
2,286,458
4,053,425
-
-
534,059
125,199
659,258
6ÿ15
2015-16
10,937,285
7,901,311
2,249,641
5,285,615
-
-
549,020
113,006
662,026
7ÿ98
2016-17
10,879,933
7,828,916
2,174,760
5,225,777
-
114,724
564,406
100,466
779,596
6ÿ70
2017-18
10,848,912
8,272,870
2,208,575
4,784,617
250,000
276,556
580,218
90,360
1,197,135
4ÿ00
2018-19
11,016,439
8,653,590
2,511,208
4,874,057
280,000
269,856
596,476
74,300
1,220,632
3ÿ99
2019-20
11,497,721
9,254,616
2,502,042
4,745,147
295,000
257,106
613,193
107,672
1,272,971
3ÿ73
2020-21
11,624,934
8,632,107
2,543,124
5,535,951
305,000
248,256
436,838
46,623
1,036,717
5ÿ34
2021-22
12,114,854
9,357,821
2,596,407
5,353,440
315,000
236,056
252,527
40,629
844,212
6ÿ34
2022-23
13,326,864
10,040,755
2,710,439
5,996,548
351,686
223,456
259,167
35,526
869,835
6ÿ89
1) For purposes of debt coverage the following is a list of revenues to be considered: All water and sewer revenues, water and sewer impact fees, and stormwater feesÿ The interest in the renewal and
replacement and expansion funds are not include as part of the debt coverageÿ The State Revolving Loan only allows for Gross Operating Revenuesÿ
2) Direct operating expenses excludes depreciation expensesÿ
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Annual Comprehensive Financial Report | For Fiscal Year Ending September 30, 2023
173
