FLAGLER COUNTY SCHOOLS, FLORIDA

Transcription

1 FLAGLER COUNTY SCHOOLS, FLORIDA Refunding Certificates of Participation (School Board of Flagler County, FloridaMaster Lease PrognJm), Series 214A Evidencing an Undivided Proportionate Interest of the Owners 1 thereof in Basic Rent Payments to be made under a Master Lease-Purchase Aareement by the School Board of Flagler County, Florida, $43,87, Dated: July 24, 214 Flagler County, Florida, School Board of, Series 25, $72,395, consisting of Certificates of Participation (School Board of Flagler County, Florida Master Lease PrognJm), Series 25A, $6,72, and Refunding Certificates of Participation (School Board of Flagler County, Florida Master Lease Program), Series 25B, $11,675, Evidencing an Undivided Proportionate Interest of Owners thereof in Basic Rent Payments to be made under a Master Lease Purchase Aareement by the School Board of Flagler County, Florida, Dated: 2 November 15, 25 3 Flagler County, Florida, School District of, Capital Improvement Revenue Bonds,, $3,1,, Dated: February 11, 1998 Series 214A, 25A&B, 1998 Summary of Statistical Data of the District Fiscal Years Ended June 3, School Number of Instructors FTE Enrollment Expenditure per FTE Student ,67.1 $7, Debt of the School Board Series 25A&B, 214A Direct and Overlapping Debt of the School Board DIREODEBT School District: (Fiscal Year Ended June 3, 215) GenenJI Obligation Debt Non-Self Supjiiirti;;Debt SensupPorting Debt SERIES 25A&B, 214A, & 25QZAB Total Direct Debt $88,349,279 sss,349,279 OVERLAPPING DEBT Flagler County (as of September 3, 215) Total Overlapping Debt Total Direct and Overlapping Debt $ $ DEBT SERVICE SCHEDULE Prlndpal Payments Total Debt Service Series 214A, 25A&B Public Education Capital Outlay Funds of the School Board Fiscal Year Ended June 3, 215 (insert Required Information) PECO REM,REN,MAINT,REP & SITE IMPRV $237,589; PECO CLASSROOMS 1 ST FLOW THROUGH $493,28; PECO OUTLAY CHARTER SCHOOLS $297,51 Series 214A Public Education tapltal Outlay Funds of the School Board Fiscal Year Ended June 3, 215 Classrooms First Promm Maintenance Repair and Renovation 237,589 Charter Schools Total PECO Funds 1,28,298 Series 214A, 25A&B Capital Outlay Ad Valorem Millage Available to Pay Debt Service on Certificates under the Trust Agreement for the School Board Antldpated Capital Outlay Millage Levy Required To Cover Debt Service on the Certificates Total Taxable Valuation (Tax Year 215) Amount $7,427,31,732

2 Maximum Annual Debt Service COOPS 25 A&B COOPS21 QUAUlY ZONE ACADEMIC BONO QZA COPS 214 REFUNDING Millage levy Required to Produce 1.x Coverage of Maximum Annual Debt Service Mills $383,931 $3,875 $1,463,13 $5,26, mills Series 214A, 25A&B Taxable Assessed Value Net Assessed and Taxable Value Flagler County, Florida Net Assessed Value Total Taxable Value Ratio of Total Taxable Value to Net Assessed Value 215 7,356,968,649 7,427,31, Series 214A, 25A&B Millage levels Historical and Current Millage Rates- School Board of Flagler County, FL Fiscal Year Ended June 3, TAX levy General Fund Nonvoted School Tax State- Required Local Effort local - Discretionary Supplemental Discretionary Capital Projects Fund Nonvoted School Tax: Local Capital Improvements Total Nonvoted millage Debt Service Fund Voted School Tu: Debt Service Total District Millage Levy Series 214A, 25A&B Ad-Valorem Taxes levied and Collected, Including the percentage collected Property Tax levies and Tax Collections Tax Year Ended Sept3 Total Tax Percent of Levies Collected Delinquent Tax Collections Total Tax Collections ,295,77 53,32, ,894 53,447, Series 214A, 25A&B Assessed valuations, including real property, pernal property, centrally assessed property and exemptions Fiscal Year Ended June 3, 215 (Insert Required Information) REAL PROPERTY $7,132,147,678; PERSONAL PROPERTY $275,567,758; CENTRALLY ASESSED PROPERTY $19,595,296 = 7,427,31,732 Pari-mutuel Revenues In the State of Florida Fiscal Year Ended June 3, State Fiscal Year Total Pari Mutuel Handle Total State Revenue , , ,25 Description of any Material litigation

3 Fiscal Year Ended June 3, 215 (Insert Required Information} N N E Series 214A, 2SA&B Description of any Additional Series of Certificates Issued under the Trust Agreement Fiscal Year Ended June 3, (Insert Required Information} N N E j Series1998 Description of any Additional Series of Bonds issued under the Relution Fiscal Year Ended June 3, 215 ['""'" """'"" lofo m.ui N N E Series25 Description of any Other Financial or Operating Data Which Would be Material to a Holder or prospective holder of the Certificates Fiscal Year Ended June 3, 215 (Insert Required Information} On November 2, 215, th;dis;i-ct-ised-, $8,915, of Certificates of Participation, Series, 215A, to refund the outstanding Certificates of Participation, Series i 25B. The principal payments of the Series 215A Certificates are due annually, and the, interest payments are due : semiannually on February 1 and August 1. The interest rate is 2.8 percent per annum. The Series 215A Certificates mature on August

4 FLAGLER COUNTY SCHOOLS, FLORIDA Refunding Certificates of Participation (School Board of Flagler County, Florida Master Lease Program), Series 214A Evidencing an Undilllcled Proportionate Interest of the Owners 1 thereof In Basic Rent Payments to be made under a Master Lease-Purchase Aireement by the School Board of FlaslerCounty, Florida, $43,87, Dated: July 24, 214 Flasler County, Florida, School Board of, Series 25, $72,395, consist ins of Certificates of Participation (School Board of Flasler County, Florida Master Lease Prosram), Series 25A, $6,72, and Refund ins Cortificates of Participation (School Board of Flagler County, Florida Master Lease Program), Series 25B,$11,675, Evldendng an Undivided Proportionate Interest of Owners thereof In Basic Rent Payments to be made under a Master Lease Purchase Jlireement by the School Board of FlasJer County, Florida, Dated: 2 November 15, 25 3 Flasler County, Florida, School District of, Capital improvement Revenue Bonds,, $3,1,, Dated: February 11, 1998 Series 214A, 25A&B, 1998 Summary of Statistical Data of the District Fiscal Years Ended June 3, Ym Number of Schools of Instructors FTE Enrollment perftestudent ,67.1 $7, Debt of the School Board Series 25A&B, 214A Direct and Overlapping Debt of the School Board DIRECT DEBT School District: (Fiscal Year Ended June 3, 215) General Qbllcatlon Debt Supacrtlng Debt Self SupportfrHr Debt Total Direct Debt OVERLAPPING DEBT Flasler County (as of September 3, 215) Total Overlapping Debt Total Direct and Overlapping Debt DEBT SERVICE SCHEDULE Series 214A, 2SA&B Public Education Capital Outlay Funds of the School Board Fiscal Year Ended June 3, 215 (insert Required Information) PECO REM,REN,MAINT,REP & SITE IMPRV $237,589; PECO CLASSROOMS 1ST FLOWTHROUGH $493,28; PECO OUTLAY CHARTER SCHOOLS $297,51 Series 214A Public Education Capital Outlay Funds of the School Board Fiscal Year Ended June 3, Oassrooms First Maintenance Repair and Renovation ,589 Charter Schools 297,51 Total PECO Funds 1.28,298 Series 214A, 25A&B Capital Outlay Ad Valorem Millage Available to Pay Debt Service on Certificates under the Trust Agreement for the School Board Antldpated Capital Outlay Millage Levy Required To Cover Debt Service on the Certificates Total Taxable Valuation (Tax Year 215) Amount $7,427,31,732

5 Flagler DSB Debt Service Schedule All COP Series COMBINED MATURITIES FOR ALL COPS FY Principal Interest Total --- -:-: ::::._ 2.:...1:...::. 6_. 26,. 2,452,39.3 5,712, ,: ,. 7 _:_o 3,42,. 2,313, ,733, ,15,. 2,19,362. 5,34, ,27, ,=-=-- 2,49, ,319, :2=-:=-=2-=- - 3,43'. 1 '889' ::--::5:-'-:, 3::-::1c::- 9'-=, 6-:- 43=- =- 25= _3...!...,4-'8---',. 6,775, ,255, ,235,.Q_ - 2,854,381. 2,89,381..::::.. 2=-.:3:...:. 1_ 3,935,.Q_ - 78,75. 4,13,75. Current Year 61 ' 18,. 3,11,. 64,29,. 2,63,95.8 1,651, ,255, ,783,95.8 4,761,49.7 / 86,545,441.5 Check

6 Flagler DSB Debt Service Schedule QZAB Series 25 FY $Deposit Paid , , , T,B91-:LJO , , , , , , , , , , , ,691. Principal Due in FY 222 5,,. Begin Date 1/27/25 Maturity Date 1/27/221 The 25 QZAB is a $5M forward delivery ag reement with mandatory deposits of $257,691 for 16 years. Interest is %. Outstanding balance of $5M is due in full on October 27, 221. Deposits and accrued interest are held by Bank of New York, and balance is reported as "Cash With Fiscal Agent". ( '\<6\ )

7 Flagler DSB Debt Service Schedule SBE & Revenue Bonds FY 211A Ref PrlnciE!al 25B 214B Rof SBE BONDS Interest Interest Rates Total 211A Ref 25B 214B Ref Total 25B , , , , , ,. 2m , ,. 241,. 254, _1, ,. 21, % 5.% 263,. 2,1. 41, , % 5.% 286,. 18,1. 26,87. 44,97. 5.% 5.% 34,. 15,85. 14,82. 3,67. 5.% 5.% 85,. 13, ,12. 15,47. 5.% 5.% 91_, ,22. 5.% 2.% 65,. 7,6. 7,6. 5.% 7, ,35. 3.% 75,. 2,25. 2,25. 3.% ,5. 28,75. 85, , FY CAP IMP REV BONDS, SER 1998 PrlnciE!al lntoros t lnt Rate 215 9, , , , , , , , , , , , , ,. 95,5. 5.% 9, % 86,. 5.% 8,875:oo- 5.% % 69,87s.oo- 5.% 64,o.oo- 5.% 57, % 51, % 44,5. 5.% % 29, % 21, % % % 822,625. COMBINED MATURITIES- PRINCIPAL FY SBE CaE! lme! Total ,. 95,. 358, ,. 1oo.ooo.oo ,. 49, ,. 11,. 195, ,. 115, ,. 67,. 88, , s-7,. 1,239,. 1,865,. 3,14,. 19,. 9, ,955,. 3,384.. SBE CaE!ImE! Total , , ,97. 86,. "13,97. 3, , ,47. 75,5. 9, , ,95. 14,2. 255,. 269,2. 69,. 69,. 177, , , , ,1. 228, , I I