U.S. Department of Transportation
Federal Highway Administration
1200 New Jersey Avenue, SE
Washington, DC 20590
202-366-4000
April 2013
Table SB-1
(Thousands of Dollars)
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 | Grant Anticipation Notes 2011A | 01/12/2011 | 158,585,000 | 158,585,000 | 12,451,818 | 171,036,818 | 4.00%-5.25% | Federal Aid | ||
M/RARF Revenue Bonds 2010 | 9/28/2011 | 180,000,000 | 180,000,000 | 26,424,108 | 206,424,108 | 1.50%-5.00% | Excise Tax | |||
TOTAL | 338,585,000 | 0 | 338,585,000 | 38,875,926 | 0 | 377,460,926 | ||||
California | Hwy Sfty, Trfc Red 2006 G.O. Bond 352:Dec 2010 TE 6053- agy 2660 | 12/01/2010 | 652,941,576 | 652,941,576 | 652,941,576 | |||||
Hwy Sfty, Trfc Red 2006 G.O. Bond 355:Dec. 2010 BAB 6053- agy 2660 | 12/01/2010 | 397,016,796 | 397,016,796 | 397,016,796 | ||||||
Hwy Sfty, Trfc Red 2006 G.O. Bond 357 Dec. 2010 BAB 6053- agy 2640 | 12/01/2010 | 77,984,739 | 77,984,739 | 77,984,739 | ||||||
Hwy Sfty, Trfc Red 2006 G.O. Bond 366 Dec. 2010 TE 6053- agy 2640 | 12/01/2010 | 351,137 | 351,137 | 351,137 | ||||||
TOTAL | 1,128,294,248 | 0 | 1,128,294,248 | 0 | 0 | 1,128,294,248 | ||||
Colorado | 2011 Refunding of 2004 Bonds | 09/07/2011 | 104,650,000 | 106,070,000 | 210,720,000 | 18,712,111 | 229,432,111 | 4.924% | Federal & State Funds | |
Connecticut | New Issue STO Bonds Infrastructure Purposes 2010 Series A & B | 11/10/2010 | 600,000,000 | 600,000,000 | 27,738,062 | 627,738,062 | 2% - 5.5% | Transportation Fund | ||
Refunding STO Bonds Infrastructure Purposes 2010 Series C | 11/10/2010 | 137,675,000 | 150,646,358 | 288,321,358 | 13,701,196 | 302,022,554 | 2% - 5% | Transportation Fund | ||
TOTAL | 737,675,000 | 150,646,358 | 888,321,358 | 41,439,259 | 0 | 929,760,617 | ||||
Delaware | 2010 Series A & B | 2010 | 119,835,000 | 21,057,176 | 140,892,176 | 6,988,432 | 2,082,435 | 149,963,043 | Various | Pledged Revenues |
District of Columbia | D.C. General Obligation Bonds Series 2010A | 12/22/2010 | 181,330,000 | 181,330,000 | 181,330,000 | |||||
D.C. Income Tax Secured Revenue Bonds Series 2010F | 12/22/2010 | 342,615,000 | 342,615,000 | 342,615,000 | ||||||
Federal Highway Grant Anticipation Revenue Bonds Series 2011 | 02/16/2011 | 82,610,000 | 82,610,000 | 6,188,055 | 88,798,055 | |||||
D.C. Income Tax Secured Revenue Bonds Series 2011A | 09/29/2011 | 138,470,000 | 138,470,000 | 18,523,343 | 156,993,343 | |||||
TOTAL | 745,025,000 | 0 | 745,025,000 | 24,711,398 | 0 | 769,736,398 | ||||
Florida | FDOT ROW Acquisition & Bridge Construction Refunding 2011A Bonds | 2011 | 114,500,000 | 114,500,000 | 13,881,789 | 0 | 128,381,789 | 2.75% | ||
Georgia | State Road and Tollway Authority (Georgia 400 Project) Transportation Revenue Bonds Series 2010 | 12/01/2010 | 40,000,000 | 40,000,000 | 0 | 0 | 40,000,000 | 3% | Revenues from GA400 Operations | |
State Road and Tollway Authority State of GA Guaranteed Revenue Refunding Bonds Series 2011A | 03/31/2011 | 191,335,000 | 209,285,000 | 400,620,000 | 29,259,461 | 429,879,461 | 3% | State Motor Fuel Tax | ||
State Road and Tollway Authority State of GA Guaranteed Revenue Refunding Bonds Series 2011B | 03/31/2011 | 153,085,000 | 162,370,000 | 315,455,000 | 26,561,505 | 4,059,250 | 346,075,755 | 3% | State Motor Fuel Tax | |
TOTAL | 384,420,000 | 371,655,000 | 756,075,000 | 55,820,966 | 4,059,250 | 815,955,216 | ||||
Idaho | GARVEE Bond Series 2011A | 07/28/2011 | 72,925,000 | 72,925,000 | 2,595,020 | 75,520,020 | 4.61% | Federal Funds | ||
Kentucky | Economic Development 2011A | 04/19/2011 | 115,175,000 | 60,475,000 | 175,650,000 | 7,056,897 | 182,706,897 | 2.32%-5.01% | Transportation Cabinet Revenues | |
Louisiana | State of LA GO Ref. Bonds Series 2010A | 10/13/2010 | 15,418,445 | 18,279,293 | 33,697,738 | 2,860,848 | 36,558,586 | 3%-5% | General Obligation | |
State of LA GO Ref. Bonds Series 2010B | 10/13/2010 | 9,193,111 | 10,909,416 | 20,102,527 | 1,716,305 | 21,818,832 | 2%-5% | General Obligation | ||
State of LA GO Bonds Series 2011A | 03/10/2011 | 10,275,000 | 10,275,000 | 960,221 | 11,235,221 | 2%-5% | General Obligation | |||
State of LA GO Bonds Series 2011B | 06/01/2011 | 3,799,445 | 3,799,445 | 7,598,890 | 7,598,890 | Variable | General Obligation | |||
State of LA Gas & Fuels Tax Series 2010B | 08/26/2010 | 394,310,000 | 394,310,000 | 32,646,407 | 426,956,407 | 4%-5% | Motor Fuels Tax | |||
TOTAL | 432,996,001 | 32,988,154 | 465,984,155 | 38,183,781 | 0 | 504,167,936 | ||||
Maine | Highway Fund Bonding PL 2009 Chapter 414 | 2011 | 22,125,000 | 22,125,000 | 22,125,000 | |||||
Missouri | Senior Lien Refunding State Road Bonds | 11/10/2010 | 130,390,000 | 141,300,000 | 271,690,000 | 20,972,009 | 292,662,009 | 3%-5% | State Road Funds | |
New Hampshire | Highway & Safety Bond | 2010 | 20,954,855 | 16,542,667 | 37,497,522 | 37,497,522 | ||||
New Jersey | NJ Trans Trust Fund | 05/12/2011 | 600,000,000 | 600,000,000 | 13,315,687 | 613,315,687 | 3.00%-5.25% | State Appropriation | ||
NJ Trans Trust Fund | 10/21/2010 | 14,100,000 | 14,034,373 | 28,134,373 | 28,134,373 | 4% | State Appropriation | |||
NJ Trans Trust Fund | 10/21/2010 | 485,875,000 | 496,790,627 | 982,665,627 | 63,771,712 | 1,046,437,339 | 3.00%.-5.25% | State Appropriation | ||
NJ Trans Trust Fund | 10/21/2010 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 5.754%-6.104% | State Appropriation | ||||
TOTAL | 2,099,975,000 | 510,825,000 | 2,610,800,000 | 77,087,399 | 0 | 2,687,887,399 | ||||
New Mexico | NMFA State Transportation Revenue and Refunding Revenue Bonds (Subordinate and Senior Lien) Series 2010A | 09/01/2010 | 174,625,000 | 122,588,068 | 297,213,068 | 25,869,151 | 323,082,219 | 1.5% - 5.0% | Federal Funds, State Rd & Hwy Infrastructure Fund | |
NMFA State Transportation Refunding Revenue Bonds (Senior Lien) Series 2010B | 10/01/2010 | 461,075,000 | 470,285,000 | 931,360,000 | 82,240,911 | 1,013,600,911 | 3.0% - 5.0% | Federal Funds, State Rd & Hwy Infrastructure Fund | ||
Tax Exexmpt Line of Credit | 2011 | 2,025,375 | 2,025,375 | 2,025,375 | ||||||
TOTAL | 637,725,375 | 592,873,068 | 1,230,598,443 | 108,110,062 | 0 | 1,338,708,505 | ||||
New York | ACCELERATED CAPACITY AND TRANSPORTATION IMPROVEMENT OF THE 90'S | 03/30/2011 | 5,346,191 | 5,346,191 | 365,175 | 5,711,366 | 1% - 5.250% | |||
ACCELERATED CAPACITY AND TRANSPORTATION IMPROVEMENT OF THE 90'S | 12/15/2011 | 281,950 | 281,950 | 49,583 | 331,533 | 0.5% - 5.00% | ||||
REBUILD NY THROUGH TRANSPORTATION INFRASTRUCTURE RENEWAL | 03/30/2011 | 201,147 | 201,147 | 25,575 | 226,722 | 1% - 5.25% | ||||
REBUILD NY THROUGH TRANSPORTATION INFRASTRUCTURE RENEWAL | 12/15/2011 | 142,001 | 142,001 | 24,972 | 166,973 | 0.5% - 5.00% | ||||
REBUILD AND RENEW NY TRANSPORTATION: HIGHWAYS, WATERWAYS, | 03/30/2011 | 251,665,359 | 251,665,359 | 16,387,358 | 268,052,717 | 1% - 5.25% | ||||
REBUILD AND RENEW NY TRANSPORTATION: HIGHWAYS, WATERWAYS, | 12/15/2011 | 105,521,030 | 105,521,030 | 12,257,056 | 117,778,086 | 1% - 5.25% | ||||
REBUILD AND RENEW NY TRANSPORTATION: | 03/30/2011 | 199,365,491 | 199,365,491 | 6,636,009 | 206,001,500 | 1% - 5.25% | ||||
REBUILD AND RENEW NY TRANSPORTATION: | 12/15/2011 | 187,628,637 | 187,628,637 | 7,169,853 | 194,798,490 | 0.5% - 5.00% | ||||
TOTAL | 750,151,806 | 0 | 750,151,806 | 42,915,581 | 0 | 793,067,387 | ||||
North Carolina | Turnpike Monroe Connector | 2011 | 233,920,000 | 233,920,000 | 233,920,000 | |||||
Ohio | Ohio General Obligation | 10/20/2010 | 207,610,000 | 207,610,000 | 4,709,848 | 212,319,848 | State Revenue | |||
Major New Infrastructure Revenue Bonds | 12/14/2010 | 184,000,000 | 184,000,000 | 20,017,962 | 204,017,962 | FHWA | ||||
Major New Infrastructure Revenue Bonds | 12/14/2010 | 46,000,000 | 46,000,000 | 0 | 46,000,000 | FHWA | ||||
TOTAL | 437,610,000 | 0 | 437,610,000 | 24,727,810 | 0 | 462,337,810 | ||||
Oklahoma | Bond Series 2010A | 2010 | 110,565,000 | 110,565,000 | 13,342,592 | 123,907,592 | 2-5% | |||
Bond Series 2010B | 2010 | 92,075,000 | 92,075,000 | 92,075,000 | 4.242-4.792% | |||||
TOTAL | 202,640,000 | 0 | 202,640,000 | 13,342,592 | 0 | 215,982,592 | ||||
Oregon | Article XI-Q General Obligation Bonds Series 2011K | 05/26/2011 | 59,845,000 | 59,845,000 | 5,362,149 | 65,207,149 | 3% | Motor Fuel/Motor Vehicle Fees | ||
Pennsylvania | Commonwealth G.O. Bonds 3rd Series B 2010 | 12/23/2010 | 130,000,000 | 130,000,000 | (1,324,688) | 128,675,312 | 4.05% - 5.85% | Motor License Fund | ||
Texas | State of Texas Highway Improvement GO Bonds | 09/29/2010 | 977,810,000 | 977,810,000 | 22,187,536 | 999,997,536 | 2% - 5% | |||
Utah | G.O. 2011A | 06/06/2011 | 955,260,000 | 142,706,365 | 1,097,966,365 | 36,740,000 | 1,134,706,365 | 3% | General Obligation | |
Vermont | TIB 2010A | 08/03/2010 | 14,400,000 | 14,400,000 | 5,393,314 | 19,793,314 | 2.0 to 4.0% | State Revenue | ||
Virginia | Commonwealth of VA Transportation Capital Projects Revenue Bonds Series 2011 | 05/25/2011 | 600,000,000 | 600,000,000 | 50,393,556 | 650,393,556 | 2.25% - 5.25% | |||
Washington | M V FUEL TAX GVP BOND SERIES R-2011C 2002C(HWY-215) | 9/28/2010 | 19,260,000 | 20,565,000 | 39,825,000 | 2,773,111 | 42,598,111 | 2.00%-5.00% | MVFT | |
M V FUEL TAX G O BOND SERIES R-2011C 2002C(R49-108) | 9/28/2010 | 206,270,000 | 220,255,000 | 426,525,000 | 29,709,364 | 456,234,364 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C 2003B(HWY-215) | 9/28/2010 | 9,410,000 | 9,815,000 | 19,225,000 | 1,254,270 | 20,479,270 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C 2003B(R49-108) | 9/28/2010 | 88,540,000 | 92,345,000 | 180,885,000 | 11,790,774 | 192,675,774 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C 2004B(HWY-215) | 9/28/2010 | 4,590,000 | 4,785,000 | 9,375,000 | 819,266 | 10,194,266 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C 2004B(R49-108) | 9/28/2010 | 29,020,000 | 30,275,000 | 59,295,000 | 5,179,735 | 64,474,735 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C 2004B(550) | 9/28/2010 | 24,450,000 | 25,505,000 | 49,955,000 | 4,364,055 | 54,319,055 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C 2002C(TIB-144) | 9/28/2010 | 6,925,000 | 7,395,000 | 14,320,000 | 998,375 | 15,318,375 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C R2003B(III-H) | 9/28/2010 | 2,435,000 | 2,565,000 | 5,000,000 | 369,713 | 5,369,713 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX G O BOND SERIES R-2011C 2004B(TIB-144) | 9/28/2010 | 3,050,000 | 3,180,000 | 6,230,000 | 544,122 | 6,774,122 | 2.00%-5.00% | MVFT | ||
M V FUEL TAX VP G O BOND SERIES 2011B Fund 218 (VP) | 02/02/2011 | 47,320,000 | 47,320,000 | 712,765 | 48,032,765 | 5.00% - 5.75% | MVFT | |||
TOTAL | 441,270,000 | 416,685,000 | 857,955,000 | 58,515,550 | 0 | 916,470,550 | ||||
Wisconsin | State of Wisconsin General Obligation Bonds 2010, Series C & | 09/02/2010 | 125,460,000 | 125,460,000 | 125,460,000 | 3.45% - 5.10% | Motor Fuel Taxes/Motor Vehicle Fees | |||
State of Wisconsin General Obligation Bonds 2011, Series A | 02/02/2011 | 194,400,000 | 194,400,000 | 45,151 | 194,445,151 | 2.00% - 5.25% | ||||
State of Wisconsin General Obligation Bonds 2011, Series 1 | 06/02/2011 | 36,131,000 | 34,445,724 | 70,576,724 | 946 | 70,577,670 | 5.00% | |||
State of Wisconsin Transportation Revenue Bonds 2010 Series A | 12/09/2010 | 76,075,000 | 76,075,000 | 10,999,846 | 87,074,846 | 5.0% | ||||
State of Wisconsin Transportation Revenue Bonds 2010 Series B | 12/09/2010 | 123,925,000 | 123,925,000 | 123,925,000 | 4.7% - 6.0% | |||||
TOTAL | 555,991,000 | 34,445,724 | 590,436,724 | 11,045,943 | 0 | 601,482,667 |
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.