Statistical Section

Note: Per Idaho Code § 50-1019, a municipality in Idaho is allowed a debt limit of two percent of the market valuation for assessment purposes. Starting in 2022, and pursuant to Idaho Code § 50-1020, net debt no longer includes water renewal debt. The 2020 and 2021 figures have been corrected to reflect market valuation for assessment purposes.

Statistical Section

(1) Parity debt is allowed so long as the maximum annual principal and interest requirements on all outstanding obligations constituting a lien upon General Fund Revenues, and on the obligations proposed to be issued does not exceed 15% of the General Fund Revenues and any other revenues available to pay such obligations as set forth on the most recent audited financial statement. (Trust indenture section 2.11). Debt service for 2022 includes payoff for full redemption of the Series 2011A Bonds.

(2) The large year-over-year increase in 2020 revenue from operating grant revenue from the CARES Act.

(1) Includes Operating Revenue and Interest Income and Passenger Facility Charges (PFC) included in restricted assets. PFCs are not included in 2021 pledged revenue as bonds that included PFCs have all been paid off

(2) Excludes Interest Expense, Depreciation, Gain or Loss on Property Sale/Exchange/Disposal

(3) Excludes Grant Revenues and Capital Expenses funded through the FAA’S Airline Improvement Program

(4) Includes Principal and interest on the Airport 2015 Bonds and the Senior 2011 and 2012 Bonds. Prior to FY-2016 there is not principal or interest For the Series 2015 Airport Revenue Bond.

Airport Revenue Bonds, Series 2021A

(1) Includes Operating Revenue and Interest Income

(2) Excludes Interest Expense, Depreciation, Gain or Loss on Property Sale/Exchange/Disposal.

(3) Excludes Grant Revenues and Capital Expenses funded through the FAA’S Airline Improvement Program

Statistical Section

Airport Revenue Bonds, Series 2021B

(1) Includes Operating Revenue and Interest Income

(2) Excludes Interest Expense, Depreciation, Gain or Loss on Property Sale/Exchange/Disposal.

(3) Excludes Grant Revenues and Capital Expenses funded through the FAA’S Airline Improvement Program

(1) Includes Operating Revenue, and Interest Income 2017, 2018, and 2019 revenue have been corrected from prior year to include connection fees.

(2) Excludes Interest Expense, Depreciation, Gain or Loss on Property Sale/Exchange/Disposal.

Water Renewal System Revenue and Refunding Bonds, Series 2022

(1) Includes Operating Revenue, and Interest Income 2017, 2018, and 2019 revenue have been corrected from prior year to include connection fees.

(2) Excludes Interest Expense, Depreciation, Gain or Loss on Property Sale/Exchange/Disposal.

(3) Payments start in FY-2023