City of Cabot - Vote for Cabot

Parks & Recreation

North Terminal Interchange

Highlands Drainage

Library

Wastewater Collection

PROJECTS Parks & Recreation North Terminal Interchange Highlands Drainage Library Wastewater Collection
Sales Tax Bond History


Historical and projected data


*1999 issue broken into two parts 1999 and 2000


**Based on 0% growth in sales tax collections


***Ratio of annual revenue exceeding the annual debt service,net result earlier payoff, very acceptable current coverage ratio for Cabot


****Preliminary and subject to change


Estimated interest paid and earned - Preliminary and subject to change


*From Construction funds, Debt Service Reserve, and Bond Fund Balances @ .25%



NOTE:  Estimated interest paid for bonds is complex to project precisely due to the variables daily regarding issue date, type of bond, and interest rate.