COG Comprehensive Annual Financial Report

The City adopted the FY 2019-2028 Capital Improvements Program (CIP) totaling $1,388,732,423 for projects as outlined below: Table C-2 CIP Expenditures – 10 Year Plan CIP Expenditure Category by Service Area % of Total CIP Infrastructure 85.7% Community Services 10.9% Public Safety 3.4% 100.0%

Table C-3 CIP Funding Sources – 10 Year Plan

CIP Funding Source Authorized Bonds Revenue Bonds Enterprise Funds

% of Total CIP

7.6% 23.7% 22.1% 26.4% 20.2% 100.0%

Grants/Other

Unauthorized Bonds

Additional information on the City’s capital assets can be found in Note I.D.5 and IV.C of this report. B. Long-Term Debt As of June 30, 2018, the City had total bonded debt outstanding (at par) of $556,313,609 with $203,351,922 backed by the full faith, credit and taxing power of the City, $85,089,016 backed by Hotel/Motel occupancy tax of the City, facility fees, and parking revenue, $266,337,671 backed by a revenue pledge of the Combined Enterprise System (currently Water Resources utility system) and $1,535,000 backed by a pledge of certain local sales tax revenues.

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