Statewide Audit : Financial Audit for the Fiscal Year Ended ... 1992

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All bonds issued to date are secured by federally insured or guaranteed mortgages. Statutory provisions exist wherein the Governor shall include in the executive budget submitted to the legislature the sum required to fund possible future deficiencies in required reserves; however, the legislature is not legally required to appropriate funding for such deficiencies. None of the outstanding bonds were issued under these provisions. Amounts reported in the Enterprise Fund for the Board of Housing... were repro- duced from their most recent audit report, which received an unqualified opinion dated August 21, 1992.
BOH Revenue Bonds (net) outstanding at June 30, 1992, were as follows (in thousands): 40 Progra Principal Payents Aaount Interest In Year of Balance Issued Rate (X) FY 1993 Maturity Jme 30. 1992 Single Fami ly I Subtotal Single Family II 1977A $21,470 4.5-8.0 $ 590 $ 1,850 (2008) $11,915 1977B 35,060 4.15-8.0 990 3,160 (2008) 19,740 13,600 5.05-8.0 430 1,115 (2009) 20,000 5.3-8.625 365 1,240 (2018) 6.25-9.0 220 1,050 (2019) 5.4-8.5 275 3,580 (2019) 1978A 1987A 1987B1-B2 1988A1-A2 20,000 19.999 $ 2.870 7,970 15,595 16,095 17.717 $89.032 1979A $100,000 5.1-6.6 1980A 1982A 1983A 1983B 1983C 1984A 1985A 1985B Subtotal 50,000 7.7-9.0 55,000 8.5-13.5 30,000 5.25-9.875 55,000 8.0-9.625 114,998 5.75-10.7 75,002 7.0-10.375 40,000 5.5-9.75 74.997 5.7-9.75 $594,997 $ 3,740$ 9,670 (2011) $ 62,665 1,835 5,510 (2012) 31,210 490 (2006) 7,160 440 1,370 (2008) 13,820 935 2,310 (2008) 30,240 1,925 11,540 (2010) 56,032 1,790 13,680 (2010) 44,550 1,485 5,170 (2016) 26,504 845 1,350 (2017) 28,089 $12.995 $300.270 Family III Single Fami ly IV Single Fami ly V Single Fami ly VI Single Fami ly VII Single Fami ly VI 1 1 Single Family IX Single Fami ly X Multifami ly Subtotal TOTAL 1988B1-B2 1989A1-A2 1990A1-A2 1990B1-B2 1990C1-C2 1991A1-A2 1991B1-B2 1992A1-A2 25,000 6.2-8.9 25,000 7.0-9.2 25,000 6.2-8.525 25,000 6.2-8.5 25,000 6.55-8.95 25,000 5.2-8.275 25,000 5.5-8.4 25,000 4.45-7.85 $940.596 Less: Unamortized discounts/premiums (net) TOTAL BOH BONDS PAYABLE (net) 220 1,545 (2020) 225 1,940 (2020) 255 1,990 (2021) 245 2,005 (2022) 230 1,040 (2022) 130 1,935 (2022) 125 975 (2023) - 1,885 (2023) 21,950 22,320 24,160 24,570 24,825 25,000 25,000 25,000 1978A $ 4,865 6.125 1979A 8,660 5.4-6.875 1982A 1.945 12.75 $ 50 $ 645 (2019) $ 4,475 85 905 (2021) 7,900 5 220 (2023) 1.915 $ 140 $17.435 $ 14.290 $596,417 (310 ) $596.107 Debt service requirements (principal & interest) for all BOH programs are as follows (in thousands): 1993 $61,046 1994 $60,989 1995 $61,011 1996 $61,201 1997 1998+ Total $60,634 $1,079,232 $1.384.113 (2) Economic Development & Municipal Finance Consolidation Act Bonds (EDB) - This program is directed by the nine-member Board of Investments, administered by the Department of Commerce.


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