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131

City of Raleigh

Financial Section

SCHEDULE OF GENERAL GOVERNMENTAL LONG-TERM OBLIGATIONS

For the Fiscal Year Ended 

June 30, 2016

Date

Principal

Issued

Interest

of

Balance

During

Description

Rate

Issue

June 30, 2015

Year

GENERAL OBLIGATION

BONDS PAYABLE

Housing, Series

1996

, Taxable

5.75%

6/01/96 $

115,000

$

-

Public Improvement Refunding, Series

2004A

3.00 - 3.25%

3/01/04

1,571,272

-

Housing, Series

2004

B, Taxable

4.375%

3/01/04

1,405,000

-

Housing, Series

2007

, Taxable

5.20 - 5.40%

3/01/07

4,200,000

-

Public Improvement, Series

2009

A

2.25 - 4.25%

3/10/09

7,800,000

-

Public Improvement Refunding, Series

2009

B

2.50%

3/11/09

2,102,476

-

Housing, Series

2009

C Taxable

3.70 - 5.50%

3/11/09

7,000,000

-

General Obligation Refunding, Series

2009

D

4.00 - 5.00%

7/28/09

23,945,000

-

General Obligation Refunding, Series

2009

E

4.00 - 5.00%

7/28/09

14,180,000

-

Public Improvement, Series

2009

F

4.00 - 5.00%

9/03/09

46,165,000

-

Housing, Series

2009

G, Taxable

4.00 - 5.30%

9/03/09

7,500,000

-

General Obligation Refunding, Series 2011A

2.50 - 5.00%

10/27/11

32,055,000

-

General Obligation Refunding Housing, S2011B

1.15 - 1.50%

10/27/11

450,000

-

Public Improvement, Series 2012A

3.00 - 5.00%

5/15/12

8,100,000

-

Public Improvement, Series 2012B

3.00 - 5.00%

5/16/12

124,500,000

-

Public Improvement, Series 2014 Two-thirds

3.00-3.25%

6/26/14

14,300,000

-

Street Improvement, Series 2015A

3.00 - 5.00%

6/24/15

5,050,000

-

Parks & Recreation Bonds, Series 2015B

3.00 - 5.00%

6/25/15

20,000,000

-

Housing Bonds, Series 2015C (Taxable)

3.00 - 4.00%

6/25/15

10,000,000

-

General Obligation Refunding, Series 2016A

2.25 - 5.00%

3/2/16

-

101,850,000

General Obligation Refunding, Series 2016B (Taxable)

.5 - 1.99%

3/2/16

-

16,255,000

Housing Bonds, Series 2016C (Taxable)

2.00 - 3.375%

3/2/16

-

6,000,000

Total General Obligation Bonded Debt

330,438,748

124,105,000

OTHER GENERAL GOVERNMENTAL

LONG-TERM OBLIGATIONS

Installment Financing Agreement (COPS/LOBS)

201,094,376

94,208,695

Earned Vacation Pay

18,735,822

11,987,046

Total Other General Governmental Long-Term Obligations

219,830,198

106,195,741

Total General Governmental Long-Term Obligations

$

550,268,946

$

230,300,741

Note:

(1)  Refunded in part or in whole by 2016AB GO Refunding Bonds which closed on 3/2/16

(2)

The amount of vacation pay to be paid in any fiscal year cannot be determined. The total amount of accrued vacation

pay outstanding at any point in time is not expected to materially increase or decrease from the amount shown.