City of Clarksville, TN

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1 City of Clarksville, TN Series 2012 & 2011 Long Term Debt Service Requirements, 2012 % of Fiscal Years Principal Interest Total Retired Principal 2013 $5,587,353 $2,762,458 $8,349, $5,514,950 $2,588,960 $8,103, $5,352,000 $2,431,748 $7,783, $6,226,000 $2,265,198 $8,491, $5,399,000 $2,095,933 $7,494, $5,023,000 $1,936,571 $6,959, $5,255,000 $1,779,402 $7,034, $5,484,000 $1,615,883 $7,099, $5,741,000 $1,440,735 $7,181, $5,732,000 $1,256,146 $6,988, $4,893,000 $1,081,816 $5,974, $4,412,000 $940,175 $5,352, $4,611,000 $817,508 $5,428, $3,875,000 $688,691 $4,563, $4,109,000 $588,681 $4,697, $3,900,000 $480,340 $4,380, $3,006,990 $382,128 $3,389, $2,985,000 $313,345 $3,298, $3,121,000 $241,378 $3,362, $3,262,000 $164,707 $3,426, $3,075,100 $101,320 $3,176, $1,767,000 $41,175 $1,808,175 Total Less Self Supporting Debt $3,065,000 $844,910 $3,909,910 Total $101,396,393 $26,859,208 $128,255,601 Statement of Bonded Debt General Obligation Debt Existing $153,536,303 Total Bonded Debt $166,561,303 Less: Self Supporting Debt $53,065,000 Less: Debt Service Funds $0 Net Bonded Debt $113,496,303 Montgomery County's Total Bonded Debt $350,768,535 Amount applicable to City of Clarksville 47.48% Net Overlapping Bonded Debt $166,544,900 Net Bonded Debt Outstanding Including Net Overlapping Bonded Debt $208,041,203 City of City and Net Clarksville Overlapping Total Debt Per Capita $1,253 $2,639 Net Direct Debt Per Capita 854 1,253 Total Debt / Actual Value 2.19% 4.62% Net Debt / Actual Value 1.50% 2.19% Total Debt / Assessed Value 7.54% 15.88% Net Debt / Assessed Value 5.14% 7.54% Montgomery Clarksville County 2011 Assessed Value $2,209,180,710 $3,027,166,057

2 2011 Appraised Value $7,588,962,575 $10,657,183, Population 132, ,336 Total Top Ten Largest Taxpayers of Clarksville Taxpayer Business Assessment Valuation Clarksville Health System Hospital $146,050, % Governor's Square Co. Retail $39,471, % Clarksville Nine LP Residential $24,635, % Independence Place Real Estate $18,974, % Autumn Winds LLC Residential $16,738, % Bristol Clarksville Group Real Estate $15,616, % Trane Company Manufacturer $12,001, % AT&T Utilities $11,044, % Gateway Medical Center Hospital $10,267, % Cumberland Electric Membership Corp. Utilities $8,346, % Total - Top Ten Taxpayers $303,146, % All Other Taxpayers $1,997,461, % Total for All Taxpayers $2,300,608, % Property Tax Rates, Assessments and Delinquencies Tax Rate Total Amount Tax Year Fiscal Year per $100 Assessments Delinquent $19,740,607 $1,306, $20,122,199 $789, $19,719,457 $774, $20,959,084 $1,289, $21,919,483 $889, $23,251,711 $1,215, $24,711,181 $1,034, $27,533,757 $1,405, $27,887,819 $1,863, $28,207,244 $1,134,482

3 Major Fund Summaries Revenues and Other Sources Local Sales Taxes/Property Taxes $50,936 $46,203 $45,021 $43,145 $41,597 State Taxes (Local Share) $15,768 $12,703 $12,178 $12,414 $13,224 Licenses and Permits $1,845 $1,111 $1,171 $910 $1,310 Fines and Forfeitures $1,827 $1,478 $1,622 $845 $877 Charges for Services $2,271 $2,220 $1,764 $1,796 $1,820 Grants $5,202 $7,496 $3,837 $3,122 $2,358 Investment Earnings $26 $33 $73 $242 $745 Other Revenues $2,555 $3,792 $2,129 $2,188 $1,517 Total Revenues $80,430 $75,036 $67,795 $64,663 $63,449 Expenditures and Other Uses General Government $8,534 $8,414 $7,844 $7,379 $6,414 Public Safety $36,888 $35,764 $34,075 $32,442 $31,150 Highways and Streets $10,544 $9,971 $9,664 $9,202 $8,938 Recreation $6,478 $5,804 $5,194 $4,620 $4,862 Community Development $1,817 $1,659 $1,474 $1,946 $1,925 Other $2,433 $1,586 $1,622 $8,385 $5,243 Capital Outlay $16,421 $28,996 $23,442 $14,698 $7,899 Debt Service Principal $4,741 $15,528 $3,723 $3,886 $5,268 Interest $2,474 $2,474 $2,199 $1,614 $1,947 Miscellaneous Agencies $1,723 $1,752 $1,874 $1,550 $1,673 Total Expenditures $92,053 $111,949 $91,109 $85,723 $75, Excess of Revenues over Expenditures -$11,623 -$36,914 -$23,314 -$21,059 -$11,870 Total Other Financing Sources (Uses) $14,309 $35,057 $21,208 $29,397 $6,958 Excess (Deficiency) of Revenues and Other Sources Over (Under) Expenditures and Other Uses $2,686 -$1,857 -$2,106 $8,337 -$4,912 Beginning Fund Balance $26,081 $29,087 $31,194 $22,857 $27,769 Residual Equity Transfer / Restatement Fund Balance at End of Year $28, $27, $29, $31, $22, Population: City, County, State and Nation Percent Change City of Clarksville 142, ,359-24% - Montgomery County 184, , ,957 26% 22% Tennessee 6,456,243 5,797,290 5,049,742 11% 13% United States 313,914, ,368, ,994,517 9% 12% Per Capita Personal Income Percent Change Clarksville, MSA 39,155 37,893 35,777 35,325 35,959 9% Montgomery County 43,485 43,485 39,155 37,893 38,306 12% Tennessee 37,678 36,567 34,921 33,774 35,112 7% United States 42,693 41,560 39,937 38,846 40,947 4%

4 Percentage of Households By Effective Buying Income City of Montgomery State of Clarksville County Tennessee United States Under $24, % 24.3% 32.1% 27.9% $24,999-$34, % 19.0% 17.4% 14.3% $35,000-$49, % 22.0% 18.4% 18.8% $50,000 and over 32.1% 34.7% 32.1% 39.0% Median Household EBI $37,941 $39,574 $35,434 $41,253 Retail Sales By Store Group Total Retail Sales $2,288,007,427 $2,208,920,849 $2,022,539,547 $1,952,680,848 $2,025,694,086 Autos, Boats, & Aircraft; $405,486,792 $390,711,145 $338,984,003 $333,133,723 $399,113,162 Service Stations $82,801,423 $55,090,571 $50,411,102 $33,665,426 $42,122,335 Eating & Drinking Establishments $249,784,814 $239,636,656 $222,203,513 $222,692,543 $216,262,468 Food Stores $360,284,836 $336,090,137 $292,712,748 $267,770,066 $310,877,295 Furniture & Home Décor; $94,381,445 $97,889,846 $89,157,780 $89,928,046 $87,155,100 Building Materials $200,527,009 $199,288,807 $189,103,533 $183,160,901 $173,293,542 General Merchandise; $536,327,870 $527,298,813 $502,853,213 $496,997,802 $484,398,918 Apparel & Accessories $82,136,746 $81,568,263 $70,758,548 $68,156,469 $70,000,645 Other Retail $276,276,492 $281,346,611 $266,355,107 $257,175,872 $242,470,621 Employment Civilian Unemployment Year Labor Force Employment Unemployment Rate (%) Tennessee USA ,350 59,180 3, % 5.7% 6.0% ,220 59,180 3, % 5.4% 5.5% ,000 62,730 3, % 5.6% 5.1% ,940 65,700 3, % 5.2% 4.6% ,530 65,220 3, % 4.8% 4.6% ,090 63,790 4, % 6.6% 5.8% ,910 62,770 6, % 10.5% 9.3% ,280 68,470 6, % 9.8% 9.6% ,360 69,350 7, % 9.2% 9.2% ,304 66,171 5, % 7.6% 7.8% Major Employers Employer Employees Fort Campbell 5,100 Clarksville-Montgomery County School System 3,900 Trane Company 1,400 Gateway Medical Center 1,363 City of Clarksville 1,165 Montgomery County 989 Austin Peay State University 921 Convergys Corporation 900 Jostens Printing & Publishing 800 Akebono 700 Hemlock Semiconductor LLC 650 Bridgestone Metalpha 500 Progressive Directions 415 Premier Medical Group 300 Florim USA 275 Lowe's 260 Nystar 250

5 F & M Bank 249 Cumberland Electric Membership Corp 231

6 Housing Units - City Total Occupied Occupied Occupied Occupancy Year Unit Owner Unit Renter Units Units Rate ,412 9,527 8,290 17, % ,642 13,906 11,536 25, % ,041 21,275 15,694 36, % ,815 27,732 21,707 49, % Building Permits Issue - City City of Clarksville Total Permits Year No. Value ,240 $115,462, ,434 $146,671, ,690 $233,766, ,682 $516,756, ,319 $230,756, $192,668, $135,602, ,203 $198,812, ,128 $174,148, ,557 $256,031,261 Totals 13,079 $2,200,677,248 Statistical Data - City of Clarksville Utilities Clarksville Department of Electricity Number of Customers Residential 55,434 54,019 52,413 49,295 49,219 Commercial and Industrial 7,294 6,336 6,279 5,784 5,827 Other 577 1,321 1,288 1,282 1,257 Total Customers 63,305 61,676 59,980 56,361 56,303 Kilowatt hours sold $1,395,190,442 $1,455,892,735 $1,477,960,178 $1,449,664,544 $1,300,000,000 Utility Sales $152,858,073 $157,716,498 $134,832,928 $135,092,448 $112,591,500 Clarksville Gas Department Number of Customers Residential 21,301 20,967 20,101 19,325 18,978 Commercial and Industrial ,143 2,965 2,898 2,893 Other Total Customers 24,473 24,110 23,066 22,223 21,871 Cubic Feet Sold $3,436,100 $4,475,835 $4,542,451 $4,582,121 $4,657,894 Utility Sales $21,618,128 $30,635,248 $31,625,197 $45,377,427 $46,524,872 Clarksville Water and Sewer Department Number of Customers Residential 54,324 52,719 49,095 53,264 51,033 Commercial and Industrial 4,070 3,991 3,448 n/a n/a Other Total Customers 58,405 56,726 52,558 53,264 51,033 Gallons Pumped and Sold-Water Sales $4,434,753 $4,309,813 $4,011,681 $4,266,126 $4,262,070 Utility Sales $19,673,265 $18,999,188 $17,497,154 $17,210,178 $16,574,199

7 Clarksville-Montgomery County Schools Year Enrollment , , , , , , , , , ,323