Austin Independent School District

Transcription

1 Tab 1 Contact Information Tab 2 Summary of Debt Obligations Tab 3 Individual Debt Obligations Tab 4 Additional Notes Tab 5 Optional Reporting Tab 6 Instructions and Glossary End of Worksheet

2 Per House Bill 1378 (84R), all political subdivisions must annually report specific information on their debt obligations. This form is designed to capture that information. subdivisions may either complete this form and electroncially submit it to the Comptroller or may post the required information in this form on their web sites. Note that blue areas of this workbook signify required information, while yellow areas indicate optional information. Contact information for the person Information related to the Subdivision submitting this report subdivision name Austin Independent School District End of Worksheet subdivision type (click on response cell to see drop-down menu): Independent School District If you answered "other" to #2, subdivision physical address subdivision mailing address (if different from physical address) subdivision main subdivision Most recently completed fiscal year (mm/dd/yyyymm/dd/yyyy) for which Address Address Address Address telephone main data will be reported in specify here line 1 line 2 City County Zip code line 1 line 2 City County Zip code number address this form Name Title Phone 1111 Chief West Financi nicole.co Sixth Nicole al nely@aus Street C-200 Austin Travis /30/2016 Conley Officer tinisd.org 2323

3 Total Tax-Supported and Revenue Debt Total debt secured by Ad Valorem Taxation (includes combination tax and revenue debt obligations) Per Capita Total Debt secured by Ad Valorem Taxation (includes combination tax and revenue debt obligations) Total authorized debt obligations: Total principal of all outstanding debt obligations: Combined principal and interest required to pay all outstanding debt obligations on time and in full: Total authorized debt obligations valorem taxation: Total principal of all outstanding debt obligations valorem taxation: Combined principal and interest required to pay all outstanding debt obligations valorem taxation on time and in full: Total authorized debt obligations secured by ad valorem taxation expressed as a per capita amount (required for municipalities, counties, and school districts only): Total principal of outstanding debt obligations valorem taxation as a per capita amount (required for municipalities, counties, and school districts only): Combined principal and interest required to pay all outstanding debt obligations valorem taxation on time and in full as a per capita amount (required for municipalities, counties, and school districts only): Population total used to calculate per capita figures: Source and year of data used to calculate per capita figures: $1,344,975, $819,227, $1,185,319, $1,185,319, $819,227, $1,185,319, $1, $1, $1, American Community Survey End of Worksheet

4 OPTIOL outstanding debt obligation If debt is conduit or component debt, enter related entity name here: principal issued principal outstanding combined principal and interest required to pay each outstanding debt obligation on time and in full final maturity date secured in any way by ad valorem taxes (Y/N) current credit rating (enter any that apply) Moody's S&P Fitch Unlimited Tax Refunding Bonds, Series 1998 N/A $130,397, $18,720, $19,188, Monday, August 01, 2016 Yes $144,545, $144,545, $0.00 Refunding Aaa AA+ AA+ No Debt Service Fund Unlimited Tax School Bldg Bonds, Taxable Series 2002 N/A $6,710, $6,710, $363, Monday, January 09, 2017Yes $6,710, $6,710, $0.00 School Building NR NR NR Yes Debt Service Fund, Escrow Earnings Unlimited Tax Refunding Bonds, Series 2004 N/A $111,935, $18,230, $19,156, Tuesday, August 01, 2017Yes $123,577, $123,577, $0.00 Refunding Aaa AA+ AA+ No Debt Service Fund Unlimited Tax School Bldg Bonds,Taxable Series 2005B N/A $5,582, $5,582, $1,197, Thursday, June 23, 2016Yes $5,582, $5,582, $0.00 School Building NR NR NR Yes Debt Service Fund, Escrow Earnings Unlimited Tax Refunding Bonds, Series 2006 N/A $54,375, $7,130, $7,317, Monday, August 01, 2016 Yes $57,760, $57,760, $0.00 Refunding Aaa AA+ AA+ No Debt Service Fund Unlimited Tax School Bldg Bonds, Taxable Series 2006 N/A $8,000, $8,000, $2,136, Monday, February 08, 2021 Yes $8,000, $8,000, $0.00 School Building NR NR NR Yes Debt Service Fund, Escrow Earnings Unlimited Tax Refunding Bonds, Series 2006A N/A $90,000, $3,400, $3,468, Monday, August 01, 2016 Yes $90,642, $90,642, $0.00 Refund CP, Constructio Aaa AA+ AA+ No Debt Service Fund Unlimited Tax Refunding Bonds, Series 2006B N/A $31,460, $24,185, $25,829, Wednesday, August 01, 2018 Yes $33,607, $33,607, $0.00 bonds Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2007 N/A $135,000, $24,885, $29,825, Monday, August 01, 2016 Yes $136,057, $136,057, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax School Bldg Bonds,Taxable Series 2008 N/A $2,442, $1,221, $1,221, Monday, August 01, 2016 Yes $2,442, $2,442, $0.00 School Building NR NR NR No Debt Service Fund, Escrow Earnings Unlimited Tax Refunding Bonds, Series 2008 N/A $100,000, $45,380, $72,741, Monday, August 01, 2033 Yes $100,760, $100,760, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax School Bldg and Refunding Bonds, Series 2009 N/A $99,495, $81,170, $123,867, Tuesday, August 01, 2034 Yes $101,221, $101,221, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2010A N/A $25,165, $12,325, $13,046, Wednesday, August 01, 2018 Yes $28,142, $28,142, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Taxable Series 2010B N/A $58,315, $58,315, $94,128, Wednesday, August 01, 2035 Yes $58,315, $58,315, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2011 N/A $91,625, $82,315, $132,087, Friday, August 01, 2036 Yes $100,807, $100,807, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2013A N/A $101,100, $99,365, $162,597, Sunday, August 01, 2038 Yes $107,219, $107,219, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Taxable Series 2013B N/A $8,555, $8,250, $9,453, Thursday, August 01, 2019Yes $9,272, $9,272, $0.00 Advance Refund OustanAaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2014A N/A $54,815, $49,965, $75,102, Tuesday, August 01, 2034Yes $62,220, $62,220, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2014B N/A $89,595, $89,595, $119,463, Tuesday, August 01, 2028Yes $106,797, $106,797, $0.00 Advance Refund OustanAaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2015A N/A $63,110, $63,110, $95,588, Wednesday, August 01, 2035 Yes $70,535, $70,535, $0.00 Refund CP, Constructio Aaa AA+ AA+ Yes Debt Service Fund Unlimited Tax Refunding Bonds, Series 2015B N/A $87,295, $87,295, $136,866, Friday, August 01, 2031 Yes $102,955, $102,955, $0.00 Advance Refund OustanAaa AA+ AA+ Yes Debt Service Fund Unlimited Tax QSCB Bonds, Taxable Series 2015 N/A $24,078, $24,078, $24,078, Thursday, August 01, 2030Yes $24,078, $24,078, $0.00 School Building NR NR NR No Debt Service Fund, Escrow Earnings total proceeds received proceeds spent proceeds unspent official stated purpose for which the debt obligation was authorized other rating (if applicable) Other Rating Source (if applicable) unrated (Y/N) explanation of repayment source

5 Additional Notes: Qualified School Construction Bonds (QSCBs) have escrow balances which will be applied topwards the repoayment of the debt. Austin ISD issues commercial paper to reimburse the General Operating fund for expenditures for voter-authorized projects. The commercial paper is then fixed out annually into long term bonds. Qualified Zone Academy Bonds (QZABs) have escrow balances which will be applied towards the repayment of the debt. Qualified School Construction Bonds (QSCBs) have escrow balances which will be applied towards the repayment of the debt. This report form was developed by the Texas Comptroller of Public Accounts. For further information, please see

6 OPTIOL REPORTING Item # Optional Item Response Instructions References, Local Government For political subdivisions other than school districts, muncipalities and counties Total authorized debt obligations valorem taxation expressed as a per capita amount for political subdivisions other 1 than municipalities, school districts and counties. 2 Population total used to calculate per capita figure in #1: Source and year of population estimate used to calculate per 3 capita figure in #1: Total principal on outstanding debt obligations 4 valorem taxation expressed as a per capita amount: 5 Population total used to calculate per capita figure in #4: Source and year of population estimate used to calculate per 6 capita figure in #4: 7 Total combined principal and interest required to pay all outstanding ad valorem-secured debt obligations on time and in full, expressed as a per capita amount: 8 Population total used to calculate per capita figure in #7: Source and year of population estimate used to calculate per 9 capita figure in #7: For all political subdivisions Total authorized and outstanding debt obligations valorem taxation, expressed as a per capita amount, projected as of the last day of the maximum term of the most recent debt obligation: 10 Population projection total used to calculate per capita figure in 11 #10: Source and year of population projection used to calculate per 12 capita figure in #10: Date of last day of maximum term of most recently issued debt obligation in #10(MM/DD/YYYY): 13 Total principal on outstanding debt obligations valorem taxation expressed as a per capita amount, projected as of the last day of the maximum term of the most recently issued debt obligation: 14 Population projection total used to calculate per capita figure in 15 #14: Source and year of population projection used to calculate per 16 capita figure in #14: Date of last day of maximum term of most recently issued debt obligation in #14(MM/DD/YYYY): 17 Total combined principal and interest required to pay all outstanding ad valorem-secured debt obligations on time and in full, expressed as a per capita amount, projected as of the last day of the maximum term of the most recently issued debt 18 obligation: Population total used to calculate per capita figure in #18: 19 Source and year of population estimate used to calculate projected per capita figure in #18: 20 Date of last day of maximum term of most recently issued debt 21 obligation in #18(MM/DD/YYYY): population for 8/1/2036 not available. population for 8/1/2036 not available. Sum all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt in this calculation. Divide this sum by the population of the political subdivision for the corresponding year of debt obligation data. The denominator used to calculate per capita figure requested in #1.This is a population total for your entity. The source of population data comprising the denominator of per capita figure in #1. revenue debt obligations in this total. Ensure that the population data matches The denominator used to calculate per capita figure requested in #4.This is a population total for your entity. The source of population data comprising the denominator of per capita figure in #4. revenue debt obligations in this total. Add to this the cost of debt service for these debt obligations. Divide this total by the population of the political subdivision. Ensure that the population data matches time frame of the fiscal year for which you are reporting. The denominator used to calculate per capita figure requested in #7.This is a population total for your entity. The source of population data comprising the denominator of per capita figure in #7. Sum any and all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Divide this by the projected population of the political subdivision as of the entity's last day of the maximum term of the most recently issued debt obligation. The denominator used to calculate per capita figure requested in #10.This is a population projection total for your entity. population for 8/1/2036 The source of population projection comprising the denominator of per capita not available. figure in #10. N/A population for 8/1/2036 not available. The bill asks for the "most recent debt obligation" which is interpreted to mean 8/1/2036 the most recently issued debt obligation issued by the political subdivision. revenue debt obligations in this total. Divide by the projected population total for the political subdivision corresponding to the last day of the maximum term of the most recently issued debt obligation. The denominator used to calculate per capita figure requested in #14.This is a population projection total for your entity. population for 8/1/2036 The source of the population projection comprising the denominator of per not available. capita figure in #14. The bill asks for the "most recent debt obligation" which is interpreted to mean 8/1/2036 the most recently issued debt obligation issued by the political subdivision. revenue debt obligations in this total. Add to this the cost of debt service for these debt obligations. Divide this total by the projected population of the political subdivision corresponding to the last day of the maximum term of the most recently issued debt obligation. N/A population for 8/1/2036 The denominator used to calculate per capita figure requested in #18.This is a not available. population projection total for your entity. population for 8/1/2036 The source of the population projection comprising the denominator of per not available. capita figure in #18. The bill asks for the "most recent debt obligation" which is interpreted to mean 8/1/2036 the most recently issued debt obligation issued by the political subdivision. NOTE: Please review the information submitted carefully. All submissions will be posted as-is and will not be subject to editing, analysis or manipulation by Comptroller staff.

7 Item #/Column Terms Definitions Directions References, Local Government Code Tab 1: Contact Information 1 political subdivision name subdivisions are counties, municipalities, school districts, junior college districts, other special districts, or other subdivision s of state government (Local Government Code, section (a) (2)) Enter the legal name of your political subdivision (2) 2 political subdivision type subdivisions are counties, municipalities, school districts, junior college districts, other special districts, or other subdivision s of state government (Local Government Code, section (a) (2)) Click on the item 2 cell to access the drop down menu. Select the appropriate type of political entity from the list. If you select "other", you must fill in the blank to the right to specify the type (2) Tab 2: Summary of Debt Obligations 1 Total authorized debt obligations 1. Debt obligations are defined in the bill as issued public securities which are instruments, including bonds, certificates, notes, or other types of obligations authorized to be issued by an issuer under a statute, a municipal home-rule charter, or the constitution of this state (Government Code section (2)). 2. Issuance is the process of authorizing, selling and delivering public debt. 3. Public security authorization means a resolution, order, or ordinance Sum any and all authorized debt obligations. This includes that is approved or adopted, or any other action taken in a proceeding, by voter-approved and non-voter approved debt obligations. 2 Total principal of all outstanding debt obligations Total amount borrowed (par) of all obligations that have yet to be repaid Combined principal and interest required to pay Total amount borrowed (par) that has yet to be repaid plus the cost of all outstanding debt obligations on time and in full 3 interest Total authorized debt obligations valorem taxation 4 Total principal of all outstanding debt obligations valorem taxation 5 Combined principal and interest required to pay all outstanding debt obligations valorem taxation on time and in full 6 Total authorized debt obligations valorem taxation expressed as a per capita amount (required for a municipality, county, and school districts only) 7 Total principal of outstanding debt obligations valorem taxation as a per capita amount (required for municipalities, counties, and 8 school districts only): Combined principal and interest required to pay all outstanding debt obligations valorem taxation on time and in full as a per capita amount (required for municipalities, 9 counties, and school districts only): Population total used to calculate per capita 10 figures Source and Year of population figure used to 11 calculate per capita figures Tab 3: Individual Debt Obligations Total debt obligations secured by a pledge of property taxes Total amount borrowed (par) of obligations secured by a pledge of property taxes that have yet to be repaid Total amount borrowed (par)of all property tax-secured obligations plus the cost of interest Total authorized debt obligations secured by a pledge of property taxes divided by the population of the political subdivision (only school districts, municipalities and counties are required to provide a response to this question). Total amount borrowed (par) secured by a pledge of property taxes divided by the population of the political subdivision (only school districts, municipalities and counties are required to provide a response to this question). Total debt obligations secured by a pledge of property taxes plus the cost of debt service on these obligations divided by the population of the political subdivision (only school districts, municipalities and counties are required to provide a response to this question). The denominator used to calculate per capita figures requested in #s 7-9 on the Summary of Debt Obligations tab. This is a population total for your entity. The source of population data comprising the denominator of per capita figures in #s 7-9 in Summary of Debt Obligations tab. column B outstanding debt obligation an issued public security that has yet to be repaid. column C If debt is conduit or component debt, enter related entity name Sum the total amount borrowed of all debt obligations that have yet to be repaid (b)(1)(A) (b)(1)(B) Sum the amount borrowed that has yet to be repaid and the cost of interest; total debt service (b)(1)(D) Sum any and all authorized debt obligations secured in any way by ad valorem taxation. Include combination tax and revenue debt obligations in this total (b)(1)(F) & (b)(1)(A) in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total (b)(1)(F) & (b)(1)(B) Sum the amount borrowed for obligations secured in any way by ad valorem taxation plus debt service costs. Include combination tax and revenue debt obligations in this total. Sum any and all authorized debt obligations secured in any way by ad valorem taxation that have yet to be repaid and divide this by the population of the political subdivision. Include combination tax and revenue debt obligations in this total. Ensure that the population data matches time frame of fiscal year for which you are reporting. Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Divide this figure by the population total for the political subdivision. Ensure that the population data matches time frame of the fiscal year for Sum the total amount borrowed of all obligations secured in any way by ad valorem taxation that have yet to be repaid. Include combination tax and revenue debt obligations in this total. Add to this the cost of debt service for these debt obligations. Divide this total by the population of the political subdivision. Ensure that the population data matches time frame of the fiscal year for (b)(1)(F) & (b)(1)(D) (b)(1)(F) & (b)(1)(A) (b)(1)(F) & (b)(1)(B) (b)(1)(F) & (b)(1)(D) Make sure that the year of the population figures you are using match the fiscal year y you are reporting y pon (b)(1)(F) ) information on the data. For example, if you are using the American Community Survey data, specify the table number. Note that school district population data is available from the U.S. Census Bureau's Poverty Estimates for School Districts which is part of their Small Area Income and Poverty Program (SAIPE) Enter the name of the individual debt obligation or bond series. Enter the name of the entity who the debt is issued to on debt that is not a legal liabilty of the political subdivision but is secured by an behalf of the political subdivision (b)(1)(F) (b)(1)(C) n/a column D principal issued total amount borrowed (par) Enter the amount borrowed for each individual debt obligation or bond series (b)(1)(G)(i) column E principal outstanding total amount borrowed (par) of obligation that has yet to be repaid combined principal and interest required to pay each outstanding debt obligation on time and in the total amount borrowed (par) plus the cost of interest for each individual column F full debt obligation or bond series final payment date of individual debt obligation at which point all principal and interest will be paid off Enter the amount borrowed that has yet to be repaid for each individual debt obligation or bond series. Enter the amount borrowed plus the cost of interest for each individual debt obligation or bond series; total debt service. Enter the date of the final payment of principal and interest for each individual debt obligation (b)(1)(C) (b)(1)(E) column G final maturity date (b)(1)(G)(iii) Respond with Y if any part of the debt obligation is secured column H secured in any way by ad valorem taxes (Y/N) indicates which individual debt obligations are in part or whole pledged with pwith ad valorem taxes (b)(1)(F) Enter the total assets received from the individual debt column I total proceeds received total assets received from the sale of a new issue of public securities obligation (b)(1)(G)(ii) column J proceeds spent the portion of total proceeds received (column H) that have been spent column K proceeds unspent the portion of total proceeds received that are remaining to be spent column L columns M - R official stated purpose for which the debt obligation was authorized current credit rating The reason for the debt issuance as defined in ballot language if applicable or the Official Statement existing rating given by any nationally recognized credit rating organization to debt obligations Enter the portion of the total assets received from the individual debt obligation that have been spent (b)(1)(G)(ii) Enter the portion of the total assets received from the individual debt obligation that have not been spent (b)(1)(G)(ii) Enter the purpose for the issuance of this individual series as defined in ballot language if applicable or the Official Statement. If there is not sufficient space in column K, use the Additional Notes tab to add further information regarding purpose. Be sure to label any addiitonal notes you enter in the Additional g Notes pptab. p (b)(1)(G)(iv) credit ratings for all agencies that apply. If the credit rating organization is not listed, enter the rating and rating organization in the "Other Rating" and "Other Rating Source" column. If the debt obligation is unrated, enter Y in the "Unrated" column (b)(2)