City of Arlington Property Tax Split 0.7000 0.6448 0.6000 0.5000 - - PowerPoint PPT Presentation

City of Arlington

Property Tax Split

0.4538 0.1910 0.6448 0.0000 0.1000 0.2000 0.3000 0.4000 0.5000 0.6000 0.7000 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 O&M I&S Total Tax Rate

Rating Matrix

Fitch S&P Moodys City GO/CO AAA AAA Aa1 WWS Revenue AAA AAA Aa1 Storm Water Revenue AAA AAA Aa1 Venue Revenue (Sales Tax/HOT/STMV) AA+ A+ A1

Existing Debt Information

Principal Outstanding Interest to Maturity Total Principal & Interest Total GO/CO Debt 382,735,000 $ 107,398,532 $ 490,133,532 $ Total Water & Wastewater Debt 199,925,000 $ 53,093,759 $ 253,018,759 $ Total Municipal Drainage Debt 26,915,000 $ 8,810,234 $ 35,725,234 $ Total Special Tax Debt 110,200,000 $ 60,774,530 $ 170,974,530 $ Total Debt 719,775,000 $ 230,077,055 $ 949,852,055 $ Authorized but Unissued Debt 194,329,000 $ Total GO/CO Debt + Autorized but Unissued Debt 577,064,000 $ Population 382,230 Total GO/CO Debt per Capita 1,001 $ Total GO/CO Debt + Authorized Debt per Capita 1,510 $ Total GO/CO Principal & Interest per Capita 489,487 $

5 Year Debt History 2013-2017

5 – Year Inflation Adjusted Tax & Revenue - Supported Debt Per Capita

*Adjusted using the 5-year CPI CAGR from 2013-2017. CPI uses 1982 as the base year. Data collected from the Bureau of Labor Statistics.

Total Outstanding Debt as of Sept 30, 2017

Historical Bond Election Data

Outstanding GO/CO Debt

PRINCIPAL ISSUED PRINCIPAL ISSUED PRINCIPAL OUTSTANDING COMBINED PRINCIPAL AND INTEREST REQUIRED TO PAY EACH OUTSTANDING DEBT OBLIGATION ON TIME AND IN FULL FINAL MATURITY DATE

Perm Imp Ref Bds Ser 2008 $39,880,000 $1,995,000 $2,074,800 8/15/2018 Comb Tax & Rev C/O Ser 2008A $5,920,000 $295,000 $306,800 8/15/2018 Comb Tax & Rev C/O Ser 2008B $34,010,000 $1,230,000 $1,294,575 8/15/2018 Perm Imp Ref Bds Ser 2009 $29,415,000 $9,610,000 $11,586,995 8/15/2029 Perm Imp Ref Bds Ser 2010 $34,480,000 $7,940,000 $10,284,413 8/15/2030 Perm Imp Ref Bds Ser 2010A $21,580,000 $11,165,000 $12,591,400 8/15/2023 Perm Imp Ref Bds Ser 2011A $17,805,000 $12,460,000 $16,102,325 8/15/2031 Comb Tax & Rev C/O Ser 2011 $1,770,000 $1,245,000 $1,608,306 8/15/2031 Perm Imp Ref Bds Ser 2011B $15,185,000 $2,400,000 $2,557,644 8/15/2021 Perm Imp Ref Bds Ser 2012A $31,320,000 $23,480,000 $29,573,519 8/15/2032 Perm Imp Ref Bds Ser 2012B $12,180,000 $8,270,000 $9,355,500 8/15/2024 Perm Imp Bds Ser 2013A $19,635,000 $15,695,000 $20,589,775 8/15/2033 Perm Imp Ref Bds Ser 2013B $6,345,000 $2,215,000 $2,440,750 8/15/2023 Perm Imp Bds Ser 2014 $14,485,000 $12,315,000 $16,426,400 8/15/2034 Comb Tax & Rev C/O Ser 2014 $28,965,000 $24,620,000 $32,840,200 8/15/2034 Perm Imp Bds Ser 2015A $32,005,000 $28,800,000 $38,556,000 8/15/2035 Perm Imp Ref Bds Ser 2015B $36,845,000 $28,200,000 $31,860,500 8/15/2027 Perm Imp Ref Bonds, Ser 2016 $47,365,000 $47,365,000 $62,532,300 8/15/2033 Perm Imp Bonds, Ser 2016A $34,440,000 $32,715,000 $42,471,450 8/15/2036 Comb Tax & Rev C/O Ser 2016B $15,995,000 $15,195,000 $19,818,150 8/15/2036 Comb Tax & Rev C/O Taxable Ser 2016C $14,150,000 $12,735,000 $13,976,309 8/15/2026 Comb Tax & Rev C/O Ser 2017 $6,110,000 $6,110,000 $7,053,279 8/15/2027 Perm Imp Bds Ser 2017 $58,440,000 $58,440,000 $80,198,139 8/15/2037 Perm Imp Ref Bds Ser 2017A $18,240,000 $18,240,000 $24,034,000 8/15/2027 TOTAL GENERAL OBLIGATION BONDS $576,565,000 $382,735,000 $490,133,528

Outstanding GO/CO Debt by Issuance as of Sept 30, 2017

Outstanding GO/CO Debt by P&I as of Sept 30, 2017

Outstanding Water and Wastewater Debt

PRINCIPAL ISSUED PRINCIPAL ISSUED PRINCIPAL OUTSTANDING COMBINED PRINCIPAL AND INTEREST REQUIRED TO PAY EACH OUTSTANDING DEBT OBLIGATION ON TIME AND IN FULL FINAL MATURITY DATE SECURED IN ANY WAY BY AD VALOREM TAXES (Y/N) TOTAL PROCEEDS RECEIVED

W & WW Sys Rev Bds Ser 2008 $38,000,000 $20,900,000 $24,751,300 6/1/2028 No $38,000,000 W & WW Sys Rev Ref Bds Ser 2009 $13,760,000 $2,310,000 $2,454,150 6/1/2019 No $14,865,121 W & WW Sys Rev Ref Bds Ser 2010 $21,515,000 $10,515,000 $12,776,213 6/1/2030 No $22,377,377 W & WW Sys Rev Bds Ser 2010 $13,885,000 $9,025,000 $9,878,450 6/1/2030 No $13,885,000 W & WW Sys Rev Bds Ser 2012 $16,640,000 $12,470,000 $15,684,173 6/1/2032 No $16,986,112 W & WW Sys Rev Bds Ser 2013A $8,930,000 $7,135,000 $9,422,644 6/1/2033 No $9,115,003 W & WW Sys Rev Ref Bds Ser 2013B $8,250,000 $4,665,000 $5,133,400 6/1/2023 No $8,515,007 W & WW Sys Rev Bds Ser 2014 $3,430,000 $2,905,000 $3,285,171 6/1/2034 No $3,430,000 W & WW Sys Rev Bds Ser 2014A $13,325,000 $11,320,000 $14,780,613 6/1/2034 No $13,364,591 W & WW Sys Rev Ref Bds Ser 2014B $7,975,000 $6,100,000 $6,923,850 6/1/2024 No $8,295,595 W & WW Sys Rev Bds Ser 2015A $18,240,000 $16,410,000 $21,892,250 6/1/2035 No $18,559,200 W & WW Sys Rev Ref Bds Ser 2015B $11,910,000 $11,910,000 $14,385,350 6/1/2027 No $12,777,048 W & WW Sys Rev Bds Ser 2016 $2,080,000 $1,975,000 $2,050,480 6/1/2036 No $2,080,000 W & WW Sys Rev Bds Ser 2016A $39,185,000 $37,230,000 $49,339,150 6/1/2036 No $41,752,658 W & WW Sys Rev Bds Ser 2017 $4,775,000 $4,775,000 $5,198,393 6/1/2036 No $4,775,000 W & WW Sys Rev Bds Ser 2017A $40,280,000 $40,280,000 $55,063,173 6/1/2037 No $43,201,531 TOTAL WATER & WASTEWATER REVENUE BONDS $262,180,000 $199,925,000 $253,018,758 $271,979,243

Outstanding WWS Debt by Issuance as of Sept 30, 2017

Outstanding WWS Debt by P&I as of Sept 30, 2017

Outstanding Storm Water Debt

PRINCIPAL ISSUED PRINCIPAL ISSUED PRINCIPAL OUTSTANDING COMBINED PRINCIPAL AND INTEREST REQUIRED TO PAY EACH OUTSTANDING DEBT OBLIGATION ON TIME AND IN FULL FINAL MATURITY DATE SECURED IN ANY WAY BY AD VALOREM TAXES (Y/N) TOTAL PROCEEDS RECEIVED

Mun Dr Util Sys Rev Bds Ser 2011 $25,600,000 $17,920,000 $23,696,000 6/1/2031 No $26,837,089 Mun Drainage Util Sys Rev Bds Ser 2017 $8,995,000 $8,995,000 $12,029,234 6/1/2037 No $9,382,952 TOTAL DRAINAGE UTILITY REVENUE BONDS $34,595,000 $26,915,000 $35,725,234 $36,220,041

Outstanding Storm Water Debt by Issuance as of Sept 30, 2017

Outstanding Storm Water Debt by P&I as of Sept 30, 2017

Outstanding Venue Debt (Sales Tax/HOT/STMV)

PRINCIPAL ISSUED PRINCIPAL ISSUED PRINCIPAL OUTSTANDING COMBINED PRINCIPAL AND INTEREST REQUIRED TO PAY EACH OUTSTANDING DEBT OBLIGATION ON TIME AND IN FULL FINAL MATURITY DATE SECURED IN ANY WAY BY AD VALOREM TAXES (Y/N) TOTAL PROCEEDS RECEIVED

Sr Lien Special Tax Rev Ref Bds Ser 2017 $110,200,000 $110,200,000 $170,974,530 2/15/2034 No $127,705,139 TOTAL SPECIAL TAX REVENUE BONDS $110,200,000 $110,200,000 $170,974,530 $127,705,139

Outstanding Venue Debt

(Sales Tax/HOT/STMV)

as of Sept 30, 2017

Outstanding Venue Debt

(Sales Tax/HOT/STMV)

by P&I as of Sept 30, 2017