statement of total outstanding indebtedness of the … · statement of total outstanding...
TRANSCRIPT
STATEMENT OF
TOTAL OUTSTANDING INDEBTEDNESS OF
THE STATE OF HAWAII AS OF JULY 1.2014
Outstanding indebtedness
General obligation bonds
Non-reimbursable general obligation bonds
Reimbursable general obligation bonds
Total general obligation bonds
Resenue bonds
Special purpose revenue bonds
Total principal amount of outstanding indebtedness
Exclusion from outstanding indebtedness under Article VII,
section 13, State Constitution
Reimbursable general obligation bonds
Revenue bonds
Special purpose revenue bonds
General obligation bonds maturing in the current fiscal year
Total exclusion from outstanding indebtedness
Excess of outstanding indebtedness over exclusions
S 5.680.815.790
39.764.210
S 5.720.580.000
2.555.991.193
1.284.897.500
$ 9,561.468.694
S 39,764.2 10
2,555,991.194
1,284,897,500
314,399,679
$ 4,195,052,583
S 5.366.416.111
This includes 8221.125.289 in reimbursable general obligation bonds allocated to the convention center undertaking pursuant to Act 7.1993 Hawaii Special Session Laws. Consistent with the Hawaii Supreme Court’s ruling in Convention Center Authority v. Anzai. 78 Haw.157. 890 P.2d 1197(1995). these reimbursable general obligation bonds are included in the computation of the debt limit.
CONCUR:
ISEALI
I hereby certify that the information contained in the
above statement and the supporting schedules are true
and correct to the best of my knowledge.
IN WITNESS WHEREOF, I have hereunto set my
hand and caused the official seal of the Department of
Budget and Finance of the State of Hawaii to be affixed
this 29th day of September , 2014
Is! Kalbert K. Young
Director of Finance. State of Hawaii
CONCUR:
Is! Dean H. Seki
Comptroller. State of Hawaii
________
Is! Dasid M. Louie
Attorney General. State of Hawaii
Supporting schedules are attached hereto as Tables A to G
and expressly incorporated herein by reference
Table A
SUPPORTING SCHEDULE FOR GENERAL OBLIGATION BONDS OF THE STATE OF HAWAII
ISSUED AND OUTSTANDING
July 1,2014
Original Principal and Rate of Outstanding Maturity Dates OutstandingDate of Issue Description Interest and Amount Due Principal
[)ecember I 1996 5 150.000.000. Series CM. nomcallahle 6.500% December I 2014 2(11 6 @ 8.330.000.00 24.990.000.00
February 15. 2002 S 319.290.000. Series CY. norocallable 5.750% February 1. 2015 @ 43.525.000.00 43.525.000.0()refunding
Noember 10. 2004 $ 225.000.000 Series DL. callable 5.000% October I. 2014 @ 7.420,000.0()3.500% October I, 2(114 @ 4.685.000.00 12.105.006.00
June 15. 2005 S 225.000.000. Series DF. callable 3.625% July I. 2015 @ 1.800.000.005.000% July I. 2015 @ 9.780,000.003.750% July I, 2016 60000.005.000% July I. 2019 @ 975,000.005.000% July I. 2020 @ 3.405.000.003.875% July 1. 2021 185,000.005.000% July I. 2021 @ 5.750,000.004.000% July 1. 2024 @ 270,000.004.000% July I. 2025 @ 2.900.000.005.000% July 1. 2025 @ 16.145.000.00 $ 41.270.000.00
June 15. 2005 5 722.575.000. Series DG. callable 5.000% July I. 2015 @ 87.995.000.005.000% July I. 2016 @ 92.510.000.005.000% July I. 2017 @ 97.255.000.00 277.760.000.00
March 23. 2006 S 350.000.000. Series DI. callable 3.900% March 1. 2015 @ 1.065.000.004.500% March I. 2015 @ 4.000,000.005.000% March I. 2015 @ 12.270.000.004.000% March I. 2016 @ 7.135.000.005.000% March I. 2016 @ 11.030.000.004.000% March 1. 2017 0) 1.705.000.004.200% March 1. 2021 0) 105,000.004.250% March I. 2022 0) 135,000.005.000% March I. 2025 0) 6.940.000.004.300% March I, 2026 0) 460,000.005.000% March I, 2026 0) 28.975.000.00 5 73.820.000.00
April 12. 2007 S 350.000.000. Series DJ. callable 3.750% April 1. 2015 0) 2.140.000.005.000% April 1. 2015 0) 14.395.000.004.000% April I, 2016 0) 8.990.000.004.500% April I. 2016 0) 2.250,000.005.000% April 1. 2016 0) 6.095.000.003.800% April I. 2017 0) 3.115.000.004.500% April I. 2017 @ 375000.005.000% April I. 2017 0) 14.610.000.005.000% April I. 2019 0) 17.610.000.005.000% April I. 2020 0) 5.9 10,000.005.000% April I. 2021 0) 21.960.000.005.000% April I. 2022 0) 23.055.000.005.000% April I. 2023 0) 11.930.000.005.000% April I. 2024 0) 4.000.000.005.000% April 1. 2025 0) 26.690,000.005.000% April I. 2026 0) 28.025.000.005.000% April I. 2027 0) 29.425.000.00 S 220.575.000.00
May 20. 2008 S 375.000.000. Series DK. callable 3.750% May 1. 2015 0) 4.420.000.005.000% May 1. 2015 0) 12.520.000.005.000% May I, 2016 0) 17.730.000.005.000% May I. 2017 0) 18.615,000.005.000% May I. 2018 0) 13.445.000.004.000% May I. 2019 0) 3,600.000.00
SUPPORTING SCHEDULE FOR GENERAL OBLIGATION BONDS OF THE STATE OF HAWAII
ISSUED AND OUTSTANDING
July 1,2014
Date of Issue
August I. 2014August I. 2014August I. 2015August 1. 2015August I 21)1 6August I. 2016August I. 2017August I. 2017August I, 2016August I. 2018
Principal
@ 8.6 10,000.00U 3.750.000.00U 6.425.000.00U 6.455.000.00U 6.710.000.00U 6,745,000.00U 4,835.000.00U 9,255.000.00U 7.350.000.00U 7.410,000.00 $ 67.545,000.00
Original Principal and Rate of Outstanding Maturity Dates Outstattdingand Amount Due
May I. 2019May I. 2019May I. 2020May I. 2020May I. 2021May I. 2021May 1. 2022May I. 2022May 1. 2023May I. 2023May I, 2024May I, 2024May I. 2025May I. 2025May I. 2026May 1. 2026May I. 2027May I. 2027May I. 2028May I, 2028
May I. 2015May 1. 2016May 1. 2017May I. 2018
August I. 2014August 1. 2014August 1, 2015August I. 2016August I. 2017August I. 2018August I. 2018August I. 2019August 1.2020August 1. 2021August 1, 2022Attgust I, 2023August I. 2024August I. 2025August I. 2026August I. 2027August I. 2028
Description Interest
4250%5.000%4.100%5.000%4.200%5.000%4.250%5.000%4.300%s.oooci4.375%5.000%4.400%5.000%4.400%5.000%4.5 00 U5.000%4.500%s,oooc
May 20. 2008 S 29,010.001). Series DL. non-callable 3.750%(refunding) 3.500%
3.700%5.000%
December 16. 2008 S 100.000.000. Series DN. callable 3.500%5.000%5.000%5.000%5.000%4.250%5.000%5.000%5.000%5.000%5.000%5.000%5. 125%5.250%5.500%5.500%5.500%
December 16. 2008 S 101.825.000. Series DO. non-callable 3.500%(refunding) 5.000%
3.500%5 .000%4.000%5.000%4.000%5.000%4. 250%5.000%
December 16. 2008 $ 26.000.000. Series DP. non-callable 5.180%(taxable) 5.430%
5. 680%
U 63500000(1Cs 9 495 000 00Cs 9 705 000 00Cs 11 760 000 00U 312500000U 1932500000(a 233500000U 2121500001)U 373500000U 20 975,000 00U 1 68500000U 24235,00000U 2 445.000 00(a 24 760 000 00U I 900.000 00U 26.6 50,000 00U 3 255.000 00U 26710.00000U 5,670.000 00U 25780,00000 $ 32144000000
U 412000000U 4 275.000 00U 4425.00000U 4590.00000 $ 17,410,1)1)01)0
U 2.435,00000U I 800.000 00U 4,430.000 00U 4,660,000 00U 4,900,000 00U 935,00000U 4.210.00000U 5 405.00000U 5.685 000 00U 5975.000 00U 6,280.000 00U 6,600.00000U 6.945 000 00U 731500000U 772000000U 8,15500000U 8 620.000 00 5 9207000000
August I, 2014August I. 2015August I. 21)16
U 4.405.000.00U 4.645.000.00U 4,9 10,000.00 $ 13.960.000.00
Date of Issue
SUPPORTING SCHEDULE FOR GENERAL OBLIGATION BONDS OF THE STATE OF HAWAII
ISSUED AND OUTSTANDING
July 1,2014
June 23. 2009 5 500000000. Series DQ, callable
November 5, 2009 S 32.000.000. Series DS. tax credit bonds 0000% September 15. 20140000% September 15. 20150.200% September 15. 20160.400% September 15. 20170.600% September 5. 20180.800% September 15. 2019
.000% September 15. 202111.200% September 15. 21)2 I1.300% September 15. 20221.350% September 15. 20231.4500 September 5. 2024
@ 2.840.000.00@ 2,840,000.00@ 2.840.000.00@ 2.840.000.00@ 2.880,000.00@ 2,880,000.00@ 2.920.000.00@ 2.960.000.00@ 2,960.000.00@ 3.000.000.00@ 3.040.000.00 S 32.000.000,00
Original Principal and Rate of Outstanding Maturity Dates OutstandingDescription Interest and Amount Due Principal
June 23, 2009 5 225.410.000. Series DR. non-callable
5 0000 June 1 2015 @ 21 345 000005 0000 June 1 2016 18 31(1000005 0000 Line I 2017 @ 23 53S 000005 0000 June I 2019 @ 25,945,000 003 6002 Iune I 2020 I 330000005000% June I 2020 @ 25910000003 7500 June I 2021 @ 2018000005 0000 June I 2021 ( 26 570 000004 0000 June I 2022 @ 475 000005 0000 June I 2022 29 815 000 004 0000 June I 2023 @ 2 105.000 01)5 0000 June I 2023 @ 29 380,000004 125% June I 202$ 19500000050000 June I 2024 @ 31,090 000 005 0000 June 1 2025 % 34670.000005 0000 June 1 2026 @ 36405.000005 000% June I 2027 @ 38,225,000005 0000 June I 20211 @ 40 140,000004 5000 June I 2029 @ 8,070,000005 0000 June 1 2029 @ 34,075 00000 S 431 06000000
3000% June I 2018 0’ 3785,000004 000% June I 2015 @ 7460000005 0000 Iune I 2015 @ 23 640000003 ¶000 June I 2016 @ 2.278000004 0000 June I 2016 @ 80750000050000 June I 2016 @ 21.130,000 0030000 June I 2017 @ 1,085 000 004 000% June I 2017 @ 1,435,000005 000% June 1 2017 @ 35 700.000 004 0000 June 1 2018 @ 3.435000005 0000 June 1 21)18 @ 23,155,000004000% June I 2019 @ 3805,000 0042500 June I 2019 @ 15195000005 000% June I 2019 @ 23 060.00000 S 170 235 00000
November 24, 2009 $ 204.140.000. Series DT. non-callable 2.250% November I. 2014 @ 3,000,000.004.000% November I. 2014 1$ 18.000.000.005.000% November I, 2014 0) 9.255.000.002.5000 November I. 2015 0) 2.000.000.004.0000 November 1. 2015 I I,500,000.005.000% November 1. 2015 0) 18,085,000.002.7500 November I. 2016 0) 600,000.003.500% November I. 2016 0) 2.750.000.005.000% November I, 21)16 0) 29.745.000.003.000% November I. 2017 0) 1.500.000.004.000% November I. 2017 0) 4.250.000.005.000% November 1. 2017 @ 28,975,000.003.250% November I. 2018 @ 6.090.000.004.0000 November I, 2018 0) 5,240.000.005.0000 November I. 2018 0) 25.060.000.003.500% November I, 2019 0) 4.250.000.004.500% November 1. 2019 0) 18.250,000.005.000% November I. 2019 0) 15.590.000.00 $ 204.140.000.00
SUPPORTING SCHEDULE FOR GENERAL OBLIGATION BONDS OF THE STATE OF HAWAII
ISSUED AND OUTSTANDING
July 1.2013
Date of IssueOriginal Principal and Rate of Outstanding Maturity Dates
Decenther 7, 2011 $ 800.000.000, Series DZ. callable
Interest and Amount DueOutstanding
Principal
2.000%4.000%5.000’32.250%4.000%5.000%2.500%
December I. 2(116December I. 2016December I. 2016December 1. 2017December 1. 2017December I. 2017December I. 2(118
@ 2.525.000.00@ 1,900.000.00@ 38.080.000.00@ 1.180.000.00@ 10.100.000.00@ 33.290.000.00@ 555.00000
Description
February IX. 2010 S 500.000.000. Series DX. BABs. callable 3.000% February I. 2015 A 22.405.000.00(Optional MakeWhole Redemptions) 3.380% February I. 21)16 A 23,080.000.00
3.7307r February I. 2017 A 23.860.000.004.090(7 February I. 2018 A 24.745,000.004.290% February 1. 2019 A 25.760.000.004.450(7 February 1. 2020 A 26.865.000.004.600% February I. 2021 A 28.060.000.004.800(7 February I. 2022 A 29.350.000.004.950% February I. 2023 A 30.760.000.005.100% February I, 2024 A 32.280,000.005.230% February I. 2025 A 33.930.000.005.330% February I. 2026 A 35.705.000.005.430% February 1. 2027 A 37,605.000.005.480% February I. 2028 A 39.650.000.005.510% February I, 2029 A 41.820.000.005.530% February I. 2030 A 44,125.000.00 5 500.000.000.00
February 18. 2010 5 221,625.000. Series DY. nortcallahle 3.000% February I. 2015 A 7.000.000.004.000% February 1. 2015 A 12.000.000.005.000% February I. 2015 A 14.100.000.003.000% February I. 2016 A 9.730,000.004.000% February I. 2016 A 12.000.000.005.000% February 1. 2016 A 12.770.000.003.500% February 1. 2017 A 3.715,000.004.000% February I. 2017 A 10.550,000.005.000% February I. 2017 A 21.645.000.004.000% February I. 2018 A 6.915.000.005.000% February I. 2018 A 30,625.000.004.000% February 1. 2019 A 9.000.000.005.000% February 1. 2019 A 30,350,000.004.000% February I. 2020 A 11,485.000.005.000% February I, 2020 A 29.740.000.00 S 221,625,000.00
5.000% December 1. 2016 A 33.510,000.005.000(7 Decenther I. 2017 A 35.230,000.005.000% December I. 2018 A 37.035.000.005.000% Decentber I, 2019 A 38.935.000.005.000% December I. 2020 A 40.935,000.005.000% December I. 2021 A 43.030.000.005.000% December 1. 2022 A 45,240.001)005.000% December 1. 2023 A 47.560,000.005.000% December 1. 2024 A 49.995.000.003.500% December I. 2025 A 4.400.000.005.000% December I. 2025 A 48.125.000.005.000% December I. 2026 A 55.185.000.003.750% December I. 2027 A 3.635.000.005.000% December I. 2027 A 54.360,000.005.000% December I, 2028 A 60.945.000.005.000% December I. 2029 A 64.070,000.004.000% December I. 2030 A 18,455.000.005.000% December I. 2030 A 48,805.000.004.000% December I. 2031 A 12.805.000.005.000% December 1. 2031 A 57.745.000.00 5 800,000.000.00
December 7. 2011 5 403.455.000. Series EA (refunding).callable
SUPPORTING SCHEDULE FOR GENERAL OBLIGATION BONDS OF THE STATE OF HAWAII
ISSUED AND OUTSTANDING
July 1.2014
Date of IssueOriginal Principal and Rate of Outstanding Maturity Dates
December 4, 2012 $ 444.000.000. Series EE. callable
Interest and Amount DueOutstanding
PrincipalDescription
December 7. 2011 $ 23750.000. Series ED (refunding).nomcallahle
40007 December I. 2018 @3 .700.01)0005.0004 December I. 2018 @3 44,515.000003.000c1 December I. 2019 @3 2.940.000004000G December I. 2019 @3 13.440.000.005000% December 1. 2019 @3 32.675.000.003.000% December 1. 2020 @3 2.745.000.004.000% December 1. 2020 @3 16.635.000.005.000% December I. 2020 @3 3 1.980.000.003.000% December I. 202 I @3 950,000.004.000@3 December I. 2021 @3 20.165.000.005.000% December I. 2021 @3 32,650.000.003250% December I, 2022 @3 1.875.000.004.000% December I. 2022 @3 13.765.000.005.000% December I, 2022 @3 40,680.000.003.000% Deceutber I. 2023 @3 l.000.000.005.000% December 1. 2023 @3 58.110.00000 S 403,455.000.00
2.000% December I. 2015 @ 2.350.000.003.000% December I, 2015 @ 1.615.000.005000% December I. 2015 @3 19.785.000.00 S 23.750.000.00
2.000% November I, 2017 @3 5,210,000.003.000% November I, 2017 @3 2.200.000.004.000% November I, 2017 @ 11.705,000.003.000% November I. 2018 @3 975,000.004.000% November I. 2018 @3 500,000005.000% November 1, 2018 @3 8,445.000.001.000% November 1. 2019 @3 l.000.000.003.000% November I. 2019 @3 2.645.000.004.000% November I. 2019 0) 150,000.005.000% November I, 2019 @3 17.085.000.002.000% November 1. 2020 @3 2.620.000.004.000% November I, 2020 @3 1,125,000.005.000% November 1. 2020 @3 18,110.000.003.000% November I, 2021 @ .070.000.004.000% November I, 2021 @3 650,000.005.000% November I. 21)2 I @3 2 1.195.000.003.000% November I. 2022 @3 1.200.000.004.000% November I. 2022 @3 8.7 20,000.005.000% November I. 2022 @3 14.I00.000.004.000% November 1, 2023 @3 435000.005.000% November 1. 2023 @3 24.755.000.004.000% November I. 2024 @3 7.435,000.005000% November I, 2024 @ 19,0I0.000.005.000% November I. 2025 @3 27,760.000.005.000% November I. 2026 @3 29,185,000.005.000% November I. 2027 @3 30.680.000.005.000% November I. 2028 @3 32.255.000.005.000)4 November 1. 2029 @3 33.910.000.003.000% November I. 2030 @3 35.285.000.004.000% November I. 2031 @3 36.545.000.004.000% November I. 21)32 @3 38.040.000.00 5 444.000.000.00
5,000% November I. 2017 @3 4 1.385,000.005.000% November I. 2018 @3 43.505.000.005.000% November 1. 2019 @3 45.735.000.005.000% November 1, 2020 @3 48.080.000.005.000)4 November I. 2021 @3 50.550.000.00501)0)4 November I, 2022 @ 53.140.000.005.000% Nos ember I. 2023 @3 55.865,000.005.000% November I, 2024 @3 58.730.000.00 $ 396.990.00000
December 4. 2012 $ 396.990.000. Series EF (refunding).callable
SUPPORTING SCHEDULE FOR GENERAL OBLIGATION BONDS OF THE STATE OF HAWAII
ISSUED ANI) OUTSTANDING
July I. 2014
$ 34515000. Series El (refunding).non-callable
5.0000 August I. 2014
November 21. 2013 $ 58.355.000. Series EJ (refunding),non-callable
3.000% August I. 20155.000% August I. 2015
(4 l0.000.000.00(4 48.355.000.00 $58 .3 55.0(10.00
Nosernher2l, 2013 $ 27,330,000. Series EK (refunding).non-callable
S 000’ ugust I 2016S 000’ ugust I 2016
(4 I l).000.000.00(4 17.330.000.0() $27,330,000.00
S 26.000.000 Series EG taxable).callable
Rate of Outstanding Maturity DatesIntrst and Amount Due
OutstandingPrincipal
1.000’;1.300’;I .60115I .95002.15002. 25052.45002.60002.75002.850’;3. 37 5 ‘53.05003.15003.25003.35003.6250
November I. 2(317Nos ensher I. 2(118Nosemher I. 2019November I. 2(120Nos ember 1. 202 INosember 1. 2022Noventher I. 2023Nos ember I. 2024Nosember I. 2025Nosember I. 2026Nosember I. 2027Noventher I. 21)28November 1. 2029November I. 2030November I. 2031November I. 2032
(4” I.570.000()04’ I .585.000.0014 I .405.000.00(4’ 1.450.000.00(4 1.460.1)00.00(4’ 1.490.000.00(4’ 1.525.111)0.00(4 1.565.1)1)0.0(1(4’ 1100.000.004’ 1.655,1)1)0.1)04’ 1.705.000.004’ 1.760.000.00(4 1.815,000.004’ 1.875.000.00(4 1.940.000.004’ 2.010,000.00
Origittal Principal andDate 01’ Issue Description
December 4. 2012
November 21. 2013 $ 635,000,000. Series EH. callable
November 21, 2013
5.000%4.000%5.00005.00004.00005.00004.00004.00005.00005.000%5.00004.00005.00004.00005.00005.00005.000%5.00004.000%5.00005.000”)’4,00(105.000%
August I, 2018August I, 2019August I. 2019August I. 2020August 1. 2021August I. 2021August I. 2022August I. 2023August I. 2023August I. 21)24August I. 2025August I. 2026August 1. 2026August 1. 2027August 1. 2027August I. 2028August I. 2029August I. 2030August I. 2031August 1. 2031August I. 2032August I. 2033August I, 2033
4’ 27.150.000.004’ 11.945,000.004’ I6.535.000.004’ 29.880,000.004’ 575000.004’ 30.830.000,004’ 52.845.000.00(4 600.00000(4’ 33.760.000.1)0(4’ 36.120.000.0(14’ 37.970.000.00(4 34.740.000.00(4 5.000.00000(4 34.920.000.004’ 6.500.000004’ 45.365.000.0014’ 45.590.000.00(4’ 47.925.000.00(8 7.260.000.00O 43.085.000,01)4’ 52.890,000.00(4 17.530.000.00(4 37.985,000,00
S 26.000.000.00
$635,000,000.00
Nosember2l. 2013
4’ 34.515,000.00 $34.5I5.000.00
5 50.860.000. Series EL. (refunding), 3.0000 August I. 21)17 4’ 6.46(1.000,01)ttott—callahle 1.0000 August I, 21)18 6)’ 1.50(5.000.00
4.1)00% August I. 2018 (4 5.170.000.001.500”; August I. 2019 (4 1.500.000.003.01)00 August I. 2019 14 275,000.005.0000 August 1. 2019 (4’ 5.150.000.004,0000 August I. 20211 (4 7.210.000.003.0000 August I. 2021 (4 .600.000005.000’)’ August I. 2021 4’ 5.930.000.004.000% August I. 2022 (8 7.860.000.01)3.000”; August 1. 2025 0 1.600.01)0.0(15.00110 August 1. 2023 (4 6.605.000.00 SSt).860,00l(00
SUPPORTING SCHEDULE FOR GENERAL OBLIGATION BONDS OF THE STATE OF HAWAII
ISSUED AND OUTSTANDING
July 12014
Original Principal andDescription
Rate of Outstanding Maturity Dates OutstandingDate of Issue Interest and Amount Due Principal
November 21. 2013 S 25.000000. Series EM. callable l.9507 August I. 2018 @ 1.190.000.002.4509 August 1. 2019 @ 1,215.000.002750% August I 202(1 I .250.000.003.1 00’7 August 1. 2(121 1.285.000.003.350 August I. 2022 @ l.330.000.0()3.500’7 August 1 202,3 1.375.000.01)3.750% August 1. 2024 @ 1,425000.003.900% August 1. 2025 @ 1.480.000.004.050% August I. 2026 @ 1.540.000.004.200 August I. 2027 1.605.000.004.3507 August I. 2028 @ 1.675.000.004.450% August I. 2029 @ 1.750.000.004.650% August I. 2030 @ 1.835.000.004.700% August I. 2031 @ 1.920.000.004.750% August I. 2032 @ 2.015,000.004.800% August I. 2033 @ 2.110.000.00 825,000.000.00
November 21. 2013 $ 29.795.000. Series EN. l.9507 August 1, 2018 @ 1.865,000.00QSCB Direct Payment. callable 2.450% August I. 2019 @ 1.865.000.00
2.750% August I. 2020 @ 1.865,000.003.100% August I. 2021 @ 1.865,000.003.350% August I. 2022 @ 1.865.000.003.500% August I. 2023 @ 1.865,000.003750% August I. 2024 1.865,000.003.900% August I. 2025
, 1,860,000.004.050% August 1. 2026 1.860,000.004.2007 August I. 2027 @ 1,860.000.004.350% August 1, 2028 @ 1.860.000.004.450% August I. 2029 @ 1,860.000.004.650% August 1. 2030 @ 1860,000.004.700% August I, 2031 @ 1.860,000.004.750% August 1, 2032 1,860,000.004.800% August 1. 2033 @ 1.860.000.00 $29,795,000.00
Total of all State of Hawaii general obligation bonds and general obligation refunding bonds issued and outstanding $ 5.720.580,000.00
Table B
REIMBURSABLE GENERAL OBLIGATION BONDSISSUED AND OUTSTANDING
ASOFJULY 1,2014
Reimbursable general obligation bonds issued for a public undertaking, improvement system:
For highways (including refunding issue), with the debt service to be
reimbursed from the tax on liquid fuel $ 7.906,528
For harbors, with the debt service to be reimbursed from the revenues
of the harbors undertaking
For University of Hawaii, with the debt service to be reimbursed from
the revenues of the University undertaking
For parking facilities, with the debt service to be reimbursed from
parking control revenues
31,175,970
555,371
49,234
For Department of Hawaiian Home Lands, with debt service to hereimbursed from the revenues of the department undertaking
Total reimbursable general obligation bonds issued for a publicundertaking, improvement or system
Reimbursable general obligation bonds issued for a public undertaking,improvement or system excludable under Article VII, section 13,paragraph 4, clause 6 of the State Constitution
77,107
$ 39,764,210
$ 39,764,210
Table C
SUPPORTING SCHEDULE FOR REIMBURSABLE GENERAL OBLIGATION BONDSFISCAL YEAR ENDING JUNE 30, 2014
University Parking HawaiianHarbor of Hawaii Facilities Home Lands
Total surplus revenuesor surplus user taxesbrought forward $ 111,622,549 $ (17,098,013) $ 25,501,313 $ - $ 13,218,138
Total revenues or usertaxes collected 111 770,076 255,431,458 153,612,320 3,956,599 20,560,673
Total available revenuesor user taxes $223,392,625 $ 238,333,445 $179,113,633 $ 3,956,599 $33,778,811
Total expenditures:
(a) Cost ofoperations,maintenance,and repair $ 40,991,720 $ 297,806,701 $ 55,355,941 $ 2,847,634 $ 8,238,051
(b) Debt service onrevenue bondsissue $ 31,852,719 $ 47,861,010 $ 45,201,437 $ - $ 3,010,294
(c) Debt service paidby the State forreimbursablegeneral obligationbonds $ 3,380,678 $ 4,008,495 $ 170,034 $ 15,310 $ 44,474
Actual amount ofreimbursement paidinto general fundfrom net revenuesafter charges for(a) and (b) abovehave been paid $ 3,380,687 $ 4,008,495 $ 170,034 $ 15,310 $ 44,474
Percentage ofreimbursable generalobligation bondswhich may beexcluded under theState Constitutionwhen determining thepower of the Stateto issue generalobligation bonds 100% 100% 100% 100% 100%
* Note: Highways’ FY 2014 expenditures exceeded revenues by approximately $111 3 million, which were addressed by federalreimbursements not included here.
Table D
REVENUE BONDSISSUED AND OUTSTANDING
AS OF JULY 1.2014
Department of TransportationAirports
System revenue $ 843.5 15,000Special facilities revenue 29.130,000
HarborsRevenue 341,975,000
HighwaysRevenue 353,355,000
University of HawaiiRevenue 593,930,000
Hawaii Housing Finance and Development CorporationSingle family mortgage purchase 71,334,402Multi-family housing 262,174,792
Hawaiian Home Lands 39,075,000Hawaii Health Systems Corporation (Maui Regional Health Care System) 21,502,000Total revenue bonds, issued and outstanding, all of which are excludable
under Article VII, section 13, paragraph 4, clause 2 of the State Constitution $ 2,555,991.194
Statutory obligation to impose rates, rentals and charges:Airports - System revenue: Sections 39-61 and 26 1-5, Hawaii Revised Statutes, as amended
- Special facility: Sections 39-6 1 and 261-54, Hawaii Revised Statutes, as amendedHarbors - Revenue: Sections 39-61 and 266-17, Hawaii Revised Statutes, as amended
- Special facility: Sections 39-61 and 266-54, Hawaii Revised Statutes, as amendedHighways - Revenue: Section 39-61, Hawaii Revised Statutes, as amendedState parking - Sections 39-61 and 107-11(a) Hawaii Revised Statutes, as amendedUniversity of Hawaii - Section 304A-2512, Hawaii Revised Statutes, as amendedHawaii Housing Finance and Development Corporation - Section 201H-l00, Hawaii Revised
Statutes, as amendedHawaiian Home Lands - Section 39-61, Hawaii Revised Statutes, as amended, and Section 204.5,
Hawaiian Homes Commission Act, Hawaii Revised Statutes, as amendedHawaii Health Systems Corporation - Section 39-61 and 323F-7, Hawaii Revised Statutes, as
amended
Statutory obligation to pay revenues into special fund:Airports - System revenue: Sections 39-62, 248-8 and 26 1-5, Hawaii Revised Statutes, as amended
- Special facility: Sections 26 1-54, 26 1-55(6) and (9), and 39-62, Hawaii Revised Statutes,as amended
Harbors - Revenue: Sections 39-62 and 266-19, Hawaii Revised Statutes, as amended- Special facility: Sections 266-54, 266-55(6) and (9), and 39-62, Hawaii Revised Statutes,
as amendedHighways - Revenue: Sections 39-62, 248-8, 249-31, 249-33, and 264-10, Hawaii Revised Statutes,
as amendedState parking - Sections 39-62 and 107-1 1(f), Hawaii Revised Statutes, as amendedUniversity of Hawaii - Section 304A-2167, Hawaii Revised Statutes, as amendedHawaii Housing Finance and Development Corporation - Sections 2OlH-80 and 201H-lOO,
Hawaii Revised Statutes, as amendedHawaiian Home Lands - Section 213,5, Hawaiian Homes Commission Act, Hawaii Revised Statutes,
as amendedHawaii Health Systems Corporation - Sections 39-62 and 323F-2l, Hawaii Revised Statutes, as
amended
Table E
SPECIAL PURPOSE REVENUE BONDSISSUED AND OUTSTANDING, AND AUTHORIZED AND UNISSUED
July 1,2014
Special purpose revenue bonds issued and outstanding*
Health care facilities provided to the general public by not-for-profit corporationsCraigside Retirement ResidenceHawaii Pacific Health SystemsKahala Senior Living Community, Inc.Kuakini Medical CenterThe Queens Health Systems
Utilities serving the general publicHawaii Electric Light Company, Inc.Hawaiian Electric Company, Inc.Maui Electric Company, Limited
Industrial enterprisesWailuku River Hydroelectric Power Company, Inc.
Not-for-profit private nonsectarian and sectarian elementary schools, secondaryschools, colleges and universities serving the general public
Chaminade UniversityHawaii Pacific UniversityMid-Pacific InstituteMontessori School of Maui, Inc.
$ 47,720,000367,360,000
71,320,00024,465,000
221,695,000
732,560,000$
S 104,400,000292,000,000
77,000,000
$ 473,400,000
s 9,812,500
s 9,812,500
5 8,795,000
$ 42,190,00012,930,0005,210,000
$ 69,125,000
$ 1,284,897,500Total special purpose revenue bonds, issued and outstanding
Special purpose revenue bonds authorized and unissuedHealth care facilities provided to the general public by not-for-profit corporations
G.N, Wilcox HospitalHawaii Pacific Health SystemsKaiser Foundation HospitalPablo Chinese HomeThe Queens Health SystemsSt. Francis Healthcare System of HawaiiSt. Francis HospitalWahiawa General HospitalWest Maui Hospital Foundation, Inc.
10,500,00066,550,000
1,400,00040,000,000
212,120,00080,000,00026,640,000
6,000,00050,000,000
S 493,210,000
SPECIAL PURPOSE REVENUE BONDSISSUED AND OUTSTANDING, AND AUTHORIZED AND UNIS SUEDJuly 1, 2014 (continued)Page 2
Utilities serving the general publicClearcom, Inc.
Industrial enterprisesBioenergy Hawaii, LLCBioTork Hawaii LLCCarbon Bio-Engineers, Inc.Honolulu Seawater Air Conditioning LLCKaiuli Energy, LLCKona SWAC, LLCPacific Power and Water Company, Inc.Princeton Energy Group/Ikehu Molokai LLC
___________________
Processing enterprisesSunrise Capital, Inc.
Not-forprofit private nonsectarian and sectarian elementary schools, secondaryschools, colleges and universities serving the general public
Hawaii Pacific UniversityHawaii Preparatory AcademyKaimuki Christian SchoolLe Jardin AcademySaint Louis SchoolWindward Nazarene Academy
____________________
* Special purpose revenue bonds excludable under Article VII, section 13, paragraph 4, clause 3 of the StateConstitution.
Not included in the total are the amount of refunding special purpose revenue bonds authorized by the State
$$ 100,000,000
100,000,000
100,000,000
50,000,00040,000,000
145,000,000200,000,00040,000,00025,000,000
50,000,000
$ 650,000,000
1,300,000
$ 1,300,000
$ 77,810,000
50,000,00020,000,00025,000,00040,000,00015,000,000
$ 227,810,000
Total special purpose revenue bonds, authorized but unissued $ 1,472,320,000
Legislature in various acts.
Table F
GENERAL OBLIGATION BONDS MATURING DURING THE PERIOD
JULY 2,2014 TO JUNE 30, 2015
Total general obligation bonds maturing during the period $ 319,235,000
Less reimbursable general obligation bonds maturing the period 4,835,321
General obligation bonds maturing during the period excludable under
Article VII, section 13, paragraph 4, clause 1 of the State Constitution $ 314,399,679
Table G
SUPPORTING SCHEDULE FORINSTRUMENTS OF INDEBThDNESS *
July 1,2014
Instruments of indebtedness:Act 88, Session Laws of Hawaii 1978, (guarantee provision) for aquaculture loans 1,000,000Act 222, Session Laws of Hawaii 1979, (guarantee provision) for agriculture loans 10,000,000Act 104, Session Laws of Hawaii 1998, (guarantee provision) for the Hawaii Capital Loan
Program 10,000,000Act 180, Session Laws of Hawaii 2006, (guarantee provision) for rental assistance contracts 100,000,000Act 180, Session Laws of Hawaii 2006, (guarantee provision) for mortgages 10,000,000Act 233, Session Laws of Hawaii 2008, (guarantee provision) for agriculture/aquaculture
loans 2,500,000Act 114, Session Laws of Hawaii 2011, amendment to Hawaiian Homes Commission Act
(guarantee provision) for loans 100,000,000
Total instruments of indebtedness $ 233,500,000
Total principal amount of outstanding general obligation bonds $ 5,720,580,000
Less principal amount of general obligation indebtedness which may be excludedunder Article VII, section 13 of the State Constitution:
General obligation bonds maturing in the current fiscal year $ 314,399,679Reimbursable general obligation bonds 39,764,210Total principal amount of general obligation indebtedness which may
be excluded $ 354,163,889
Excess of general obligation bonds over exclusions(Principal amount of outstanding general obligation bonds not otherwiseexcluded under Article VII, section 13, paragraph 4, clause 8 of theState Constitution) $ 5,366,416,111
Instruments of indebtedness exclusion limit (7% of excess of general obligationbonds over exclusions) $ 375,649,128
Instruments of indebtedness (from above) 233,500,000
Instruments of indebtedness exclusion limit in excess of instruments of indebtedness $ 142,149,128
* Instruments of indebtedness excludable under Article VlI, section 13, paragraph 4, clause 8, of the StateConstitution.