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

City of Arlington

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

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