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Highway Statistics 2005 | OHPI > Highway Statistics > 2005 > Finance > Table SB-1 |
DECEMBER 2006 | (THOUSANDS OF DOLLARS) | Table SB-1 |
STATE | OBLIGATION | DATED | PAR VALUE 2/ | PREMIUM OR DISCOUNT | ACCRUED INTEREST 3/ | GROSS PROCEEDS | POSTED INTEREST RATE 4/ | SOURCE OF FUNDS FOR DEBT SERVICE 5/ | ||
---|---|---|---|---|---|---|---|---|---|---|
ORIGINAL ISSUES | REFUNDING ISSUES | TOTAL PAR VALUE | ||||||||
Arizona | Highway Revenue Refunding Bonds - Series 2004B | 8-15-04 | 188,260 | 0 | 188,260 | 12,863 | 601 | 201,724 | 5.0 | Highway-User Revenue |
Grant Anticipation Notes (GARVEE) - Series 2004B | 7-1-04 | 104,385 | 0 | 104,385 | 11,551 | 556 | 116,492 | 2.5-6.0 | Federal-aid Funds 6/ | |
TOTAL | 292,645 | 0 | 292,645 | 24,414 | 1,157 | 318,216 | ||||
California | Revenue Bonds - Series 2004A | 10-5-04 | 75,000 | 0 | 75,000 | 0 | 0 | 75,000 | 3.416 | Tolls |
Revenue Bonds - Series 2004B | 10-5-04 | 150,000 | 0 | 150,000 | 0 | 0 | 150,000 | 3.416 | Tolls | |
Revenue Bonds - Series 2004C | 10-5-05 | 75,000 | 0 | 75,000 | 0 | 0 | 75,000 | 3.416 | Tolls | |
TOTAL | 300,000 | 0 | 225,000 | 0 | 0 | 225,000 | ||||
Connecticut | Transportation Infrastructure Refunding Bonds - Series 2004B | 11-15-04 | 0 | 89,725 | 89,725 | 7,921 | 204 | 97,850 | 3.0-5.25 | Highway-User Revenue* |
Transportation Infrastructure Bonds - Series 2004A | 11-15-04 | 200,000 | 0 | 200,000 | 11,548 | 433 | 211,981 | 2.125-5.0 | Highway-User Revenue* | |
TOTAL | 200,000 | 89,725 | 289,725 | 19,469 | 637 | 309,831 | ||||
Delaware | Delaware River and Bay Authority Revenue Refunding Bonds - Series 2005 | 1-1-05 | 1,530 | 178,685 | 180,215 | 9,870 | 0 | 190,085 | 3.0-5.0 | Tolls |
Transportation System Senior Revenue Bonds - Series 2004 | 10-6-04 | 100,125 | 67,425 | 167,550 | 10,256 | 402 | 178,208 | 3.0-5.0 | Highway- User Revenue | |
TOTAL | 101,655 | 246,110 | 347,765 | 20,126 | 402 | 368,293 | ||||
Florida | Miami - Dade County Expressway Revenue Refunding Bonds - Series 2004A | 7-1-04 | 0 | 68,200 | 68,200 | 0 | 0 | 68,200 | 5.352 | Tolls |
Miami - Dade County Expressway Revenue Bonds - Series 2004 A-E | 7-1-04 | 416,400 | 0 | 416,400 | 847 | 0 | 417,247 | 4.313 | Tolls | |
Florida Turnpike Revenue Refunding Bonds - Series 2005A | 7-1-05 | 0 | 93,560 | 93,560 | 0 | 0 | 93,560 | 3.0-5.0 | Tolls | |
Florida Turnpike Revenue Refunding Bonds - Series 2004A | 7-1-05 | 0 | 279,180 | 279,180 | 5,921 | 1,742 | 286,843 | 3.25-5.25 | Tolls | |
Right of Way Acquisition and Bridge Bonds - Series 2004A | 6-15-04 | 296,585 | 3,415 | 300,000 | 11,347 | 1,813 | 313,160 | 4.683 | Motor Fuel Tax* | |
Right of Way Acquisition and Bridge Refunding Bonds - Series 2005A | 3-1-05 | 0 | 119,070 | 119,070 | 8,008 | 671 | 127,749 | 4.0978 | Motor Fuel Tax* | |
FDOT SIB Revenue Bonds - Series 2005A | 6-1-05 | 62,340 | 0 | 62,340 | 4,535 | 67 | 66,942 | 3.813 | Motor Fuel Tax* | |
Orlando - Orange County Expressway Revenue Bonds - Series 2005A-E | 7-1-05 | 483,655 | 15,450 | 499,105 | 0 | 0 | 499,105 | 4.7753 | Tolls | |
TOTAL | 1,258,980 | 578,875 | 1,837,855 | 30,658 | 4,293 | 1,872,806 | ||||
Georgia | General Obligation Refunding Bonds - Series 2004C | 7-1-04 | 0 | 40,248 | 40,248 | 5,329 | 332 | 45,909 | 4.0 | Highway-User Revenue* |
Hawaii | General Obligation Bonds - Series DG | 6-15-05 | 7,072 | 0 | 7,072 | 0 | 0 | 7,072 | 5.0 | General Revenue* |
General Obligation Bonds - Series DH | 6-15-05 | 183 | 0 | 183 | 0 | 0 | 183 | 5.0 | General Revenue* | |
Highway Revenue Binds - Series 2005 | 3-15-05 | 47,832 | 136,083 | 183,915 | 0 | 0 | 183,915 | N/A | General Revenue* | |
TOTAL | 55,087 | 136,083 | 191,170 | 0 | 0 | 191,170 | ||||
Illinois | Transportation Bonds-Highway Share - Series A | 3-31-05 | 298,000 | 0 | 298,000 | 18,323 | 0 | 316,323 | 3.25-6.0 | Highway-User Revenue |
Illinois Tollway Senior Priority Revenue Bonds - Series 2005A | 7-1-05 | 770,000 | 0 | 770,000 | 60,683 | 0 | 830,683 | 4.125-5.0 | Tolls | |
TOTAL | 1,068,000 | 0 | 1,068,000 | 79,006 | 0 | 1,147,006 | ||||
Kentucky | Kentucky Tpk Authority Economic Development Revenue Bonds - Series 2005A & B | 7-1-05 | 215,429 | 73,161 | 288,590 | 6,444 | 0 | 295,034 | 2.0-5.25 | Highway -User Revenue |
Kentucky Assets/Liability Commission Project Notes -First Series 2005 | 5-1-05 | 139,635 | 0 | 139,635 | 0 | 0 | 139,635 | 3.0-5.0 | Federal-Aid Funds 6/ | |
TOTAL | 355,064 | 73,161 | 428,225 | 6,444 | 0 | 434,669 | ||||
Maine | Maine Turnpike Authority Revenue Refunding Bonds - Series 2005 | 7-1-05 | 0 | 76,715 | 76,715 | 0 | 0 | 76,715 | 3.0-5.125 | Tolls |
Massachusetts | Highway Improvement Loan Acts of 1983 thru 2003 | 3-29-05 | 341,644 | 0 | 341,644 | 15,554 | 0 | 357,198 | 4.96-5.5 | Highway-User Revenue* |
Michigan | Comprehensive Transportation Refunding Bonds - Series 2005 | 4-1-05 | 0 | 62,180 | 62,180 | 7,815 | 0 | 69,995 | 4.0-5.25 | Highway-User Revenue |
State Trunkline Fund Refunding Bonds - Series 2005 | 4-1-05 | 0 | 223,020 | 223,020 | 26,975 | 0 | 249,995 | 3.5-5.5 | Highway-User Revenue | |
TOTAL | 0 | 285,200 | 285,200 | 34,790 | 0 | 319,990 | ||||
Mississippi | Highway Enhancement through Local Partnership Bonds - Tunica County | 1-6-05 | 45,000 | 0 | 45,000 | 0 | 0 | 45,000 | N/A | Federal Aid Funds and Highway-User Revenue 6/ |
Highway Enhancement through Local Partnership Bonds - Harrison County | 10-19-05 | 102,000 | 0 | 102,000 | 0 | 0 | 102,000 | N/A | Federal Aid Funds and Highway-User Revenue 6/ | |
Highway Enhancement through Local Partnership Bonds - Jones County | 10-19-05 | 32,000 | 0 | 32,000 | 0 | 0 | 32,000 | N/A | Federal Aid Funds and Highway-User Revenue 6/ | |
TOTAL | 179,000 | 0 | 179,000 | 0 | 0 | 179,000 | ||||
Montana | Highway Revenue (GARVEE ) Bonds - Series 2005 | NA | 122,795 | 0 | 122,795 | 7,741 | 214 | 130,750 | 4.02 | Federal-Aid Funds 6/ |
Nevada | Highway Improvement Revenue Bonds - Series 2004 | 8-1-04 | 173,345 | 0 | 173,345 | 16,658 | 51 | 190,054 | 3.8398 | Highway-user Revenue* |
New Jersey | Transportation Trust Fund - Series 2004 A&B | 10-27-04 | 471,655 | 849,800 | 1,321,455 | 162,783 | 0 | 1,484,238 | 2.5-5.75 | Highway-User Revenue |
Transportation Trust Fund - Series 2005 A&B&C | 3-30-05 | 524,750 | 1,779,925 | 2,304,675 | 249,839 | 0 | 2,554,514 | 2.33-4.38 | Highway-User Revenue | |
New Jersey Turnpike Authority Turnpike Revenue Bonds - Series 2005 A-D | 1-1-05 | 113,880 | 632,415 | 746,295 | 0 | 0 | 746,295 | 4.81-5.25 | Tolls | |
Delaware River Joint Toll Bridge Revenue Bonds - Series 2005A | 3-10-05 | 40,480 | 32,165 | 72,645 | 6,545 | 0 | 79,190 | 4.0-5.5 | Tolls | |
TOTAL | 1,150,765 | 3,294,305 | 4,445,070 | 419,167 | 0 | 4,864,237 | ||||
New York | Highway and Bridge Trust Fund Bonds - Series 2005A&B | 9-8-05 | 259,090 | 2,721,650 | 2,980,740 | 246,040 | 0 | 3,226,780 | 2.7-5.5 | Highway-User Revenue* |
Rebuild NewYork Transportation Infrastructure Bonds | 3-15-05 | 3,957 | 0 | 3,957 | 43 | 0 | 4,000 | 3.0-5.0 | General Revenues * | |
State Personal Income Tax Revenue Bonds - Series 2005A | 7-14-05 | 239,105 | 94,140 | 333,245 | 27,533 | 0 | 360,778 | 2.5-5.0 | Personal Income Tax | |
Buffalo - Ft. Erie Bridge Revenue Refunding Bonds - Series 2005 | 7-1-05 | 0 | 44,120 | 44,120 | 0 | 0 | 44,120 | various | Tolls | |
New York Thruway General Revenue Bonds - Series 2005 F&G | NA | 919,290 | 444,205 | 1,363,495 | 70,506 | 0 | 1,434,001 | Tolls | ||
Accelerate Capacity Transportation Bonds | 3-15-05 | 15,857 | 0 | 15,857 | 143 | 0 | 16,000 | 2.5-5.0 | General Revenues * | |
TOTAL | 1,437,299 | 3,304,115 | 4,741,414 | 344,265 | 0 | 5,085,679 | ||||
North Carolina | State Highway Bonds - Series 2004 | N/A | 300,000 | 0 | 300,000 | 23,520 | 1,081 | 324,601 | N/A | Highway-User Revenue |
Ohio | Highway Capital Improvement Bonds - Series I | 5-18-05 | 140,000 | 0 | 140,000 | 9,274 | 0 | 149,274 | N/A | Motor-Fuel Tax* |
Oregon | Highway-user Revenue Bonds - Series 2004 A&B | 6-18-04 | 288,365 | 81,960 | 370,325 | 12,018 | 0 | 382,343 | 4.725 | Highway-user Revenue |
Highway-user Revenue Bonds - Series 2005 A&B | 1-25-05 | 20,000 | 25,530 | 45,530 | 2,868 | 0 | 48,398 | 4.454 | Highway-user Revenue | |
TOTAL | 308,365 | 107,490 | 415,855 | 14,886 | 0 | 430,741 | ||||
Pennsylvania | Pennsylvania Turnpike Revenue Bonds - Series 2004 A | 6-1-04 | 269,245 | 0 | 269,245 | (1,913) | 0 | 267,332 | 5.0-5.5 | Tolls |
South Carolina | State Highway Bonds - Series 2005 | 4-1-05 | 140,000 | 6,495 | 146,495 | (17) | 208 | 146,686 | 4.03 | Motor Fuel Tax* |
Texas | Central Texas Regional Mobility Authority Capital Appreciation Bonds - Series 2005 | 7-1-05 | 171,763 | 0 | 171,763 | 1,884 | 0 | 173,647 | 4.2-5.0 | Tolls |
North Texas Tollway Authority Revenue Bonds - Series 2005A&B | 3-1-05 | 301,070 | 0 | 301,070 | 0 | 0 | 301,070 | 3.0-5.0 | Tolls | |
North Texas Tollway Authority Revenue Refunding Bonds - Series 2005C | 12-1-05 | 0 | 341,670 | 341,670 | (3,804) | 0 | 337,866 | various | Tolls | |
Texas Mobility Fund Bonds - Series 2005A | 6-8-05 | 900,000 | 0 | 900,000 | 40,279 | 752 | 941,031 | 3.9-5.0 | Highway-User Revenue * | |
Texas Mobility Fund Bonds - Series 2005B | 6-8-05 | 100,000 | 0 | 100,000 | 4,475 | 84 | 104,559 | 3.9-5.0 | Highway-User Revenue * | |
TOTAL | 1,472,833 | 341,670 | 1,814,503 | 42,834 | 836 | 1,858,173 | ||||
Utah | General Obligation Highway Revenue Bonds - Series 2004B | 6-30-05 | 47,050 | 0 | 47,050 | 3,091 | 0 | 50,141 | 3.75 | Highway-User Revenue* |
Vermont | General Obligation Highway Bonds - Series 2005B | 4-13-05 | 1,000 | 0 | 1,000 | 25 | 0 | 1,025 | 2.4-4.0 | Highway-User Revenue* |
General Obligation Highway Refunding Bonds - Series 2005C | 6-07-05 | 0 | 566 | 566 | 1 | 0 | 567 | 2.65-5.0 | Highway-User Revenue* | |
TOTAL | 1,000 | 566 | 1,566 | 26 | 0 | 1,592 | ||||
Virginia | Commonwealth Transportation Revenue Refunding Bonds - Series 2004A | 11-1-05 | 7,810 | 81,590 | 89,400 | 5,804 | 103 | 95,307 | 4.0-5.0 | General Fund |
Commonwealth Transportation Revenue Refunding Bonds - Series 2004B | 11-1-05 | 0 | 232,260 | 232,260 | 21,311 | 289 | 253,860 | 4.75-5.25 | Sales Tax & General Fund | |
TOTAL | 7,810 | 313,850 | 321,660 | 27,115 | 392 | 349,167 | ||||
Washington | MV Fuel Tax General Obligation Bonds - Series R-2005B | 7-27-04 | 72,700 | 0 | 72,700 | 2,510 | 0 | 75,210 | 5.0 | Motor-Fuel Tax* |
MV Fuel Tax General Obligation Bonds - Series R-2005B | 7-27-04 | 29,000 | 0 | 29,000 | 1,001 | 0 | 30,001 | 5.0 | Motor-Fuel Tax * | |
MV Fuel Tax General Obligation Bonds - Series R-2005B | 7-27-04 | 70,000 | 0 | 70,000 | 2,417 | 0 | 72,417 | 5.0 | Motor-Fuel Tax * | |
MV Fuel Tax General Obligation Bonds - Series R-2005B | 7-27-04 | 2,000 | 0 | 2,000 | 69 | 0 | 2,069 | 5.0 | Motor-Fuel Tax * | |
MV Fuel Tax General Obligation Bonds - Series R-2005C | 7-27-04 | 65,002 | 0 | 65,002 | (807) | 0 | 64,195 | N/A | Motor-Fuel Tax and Tolls * | |
MV Fuel Tax General Obligation Bonds - Series R-2005D | 3-15-05 | 10,990 | 0 | 10,990 | 620 | 0 | 11,610 | 5.0 | Motor-Fuel Tax * | |
MV Fuel Tax General Obligation Bonds - Series R-2005E | 3-15-05 | 85,000 | 0 | 85,000 | 4,544 | 0 | 89,544 | 3.0-5.0 | Motor-Fuel Tax * | |
MV Fuel Tax General Obligation Bonds - Series R-2005F | 3-15-05 | 45,001 | 0 | 45,001 | (498) | 0 | 44,503 | N/A | Motor-Fuel Tax and Tolls* | |
MV Fuel Tax General Obligation Bonds - Series R-2005B | 5-03-05 | 0 | 1,110 | 1,110 | 4 | 0 | 1,114 | 3.0-4.25 | Motor-Fuel Tax* | |
MV Fuel Tax General Obligation Bonds - Series R-205B | 5-03-05 | 1,339 | 28,441 | 29,780 | 115 | 0 | 29,895 | 3.0-4.25 | Motor-Fuel Tax * | |
MV Fuel Tax General Obligation Bonds - Series R-2005B Ferries | 5-03-05 | 1,428 | 30,137 | 31,565 | 120 | 0 | 31,685 | 3.0-4.25 | Motor- Fuel Tax and Tolls* | |
MV Fuel Tax General Obligation Bonds - Series R-2004D Ferries | 5-03-05 | 1,936 | 20,039 | 21,975 | 11 | 0 | 21,986 | 3.0-4.25 | Motor -Fuel Tax and Tolls* | |
MV Fuel Tax General Obligation Bonds - Series R-2005B | 5-03-05 | 337 | 11,033 | 11,370 | 43 | 0 | 11,413 | 3.0-4.25 | Motor-Fuel Tax* | |
TOTAL | 384,733 | 90,760 | 475,493 | 10,149 | 0 | 485,642 | ||||
West Virginia | Safe Road Bonds - Series 2005A | 5-26-05 | 1,545 | 319,860 | 321,405 | 30,000 | 0 | 351,405 | 3.0-5.0 | Highway-User Revenues* |
Wisconsin | Transportation Revenue Refunding Bonds - Series 2004 | 9-30-04 | 0 | 95,905 | 95,905 | 10,071 | 0 | 105,976 | 5.0-6.0 | Motor Vehicle Revenues |
Transportation Revenue Bonds - Series 2005A | 3-10-05 | 54,630 | 180,955 | 235,585 | 23,228 | 0 | 258,813 | 3.0-5.25 | Motor Vehicle Revenues | |
TOTAL | 54,630 | 276,860 | 331,490 | 33,299 | 0 | 364,789 | ||||
GRAND TOTAL | 10,163,490 | 9,582,088 | 19,745,578 | 1,215,885 | 9,603 | 20,971,066 |
1/ This table is one of a series giving available information concerning State and quasi-State obligations incurred for highway purposes. Table SB-2 contains data on changes in indebtedness. Table SB-3 contains receipts and disbursements for debt service. Tables SB-2T and SB-3T are subsets of Tables SB-2 and SB-3, showing data for individual State toll facilities. Tables SB-2L and SB-3L are also subsets of Tables SB-2 and SB-3, showing data for State obligations for local roads. When bonds were issued for multiple purposes, their par value is assigned to State highways, local roads and streets, and nonhighway purposes on the basis of the initial distribution of net bond proceeds. The nonhighway portion is excluded from these tables. Also omitted are obligations with terms of less than 2 years; however, interest payments for short-term obligations are included in Table SB-3. This table is compiled from reports of State authorities.
2/ A portion of proceeds from refunding bonds may be expended for current debt service. That portion is included with original issues.
3/ Payment by bond purchaser for interest accrued from date of issue to date of sale.
4/ "Posted rate" is declared rate printed on bonds. N/A indicates data not available.
5/ When an asterisk appears in this column, the bonds are understood to be secured by the full faith and credit of the State, in addition to the specific revenues dedicated by law to debt service.
6/ Certain Federal Funds are used to payoff bonds.
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