14 Pledged-Revenue Coverage

Town of Prescott Valley, Arizona

Pledged‐Revenue Coverage

Last Ten Fiscal Years

Wastewater System Revenue Bonds and Loans Less: Less:

Net Fiscal Gross Excluded Operating Available Year Revenues Revenues (1) Expenses (2) Revenue

2013 5,599,246$ 238$ 2,864,712$ 2,734,296 $ 2014 5,788,251 710 2,812,590 2,974,951 2015 5,513,401 ‐ 3,413,331 2,100,070 2016 6,313,368 35,500 3,198,172 3,079,696 2017 6,333,149 10,613 3,278,220 3,044,316 2018 6,947,415 1,691 3,408,888 3,536,836 2019 6,831,792 500 3,340,388 3,490,904 2020 6,535,808 71 3,443,364 3,092,373 2021 7,752,650 ‐ 4,158,737 3,593,913 2022 7,654,163 ‐ 5,074,373 2,579,790

Source: Town of Prescott Valley Finance Department

(1) Total excluded revenues (including other revenues). (2) Total operating expenses (including transfers out expenses, excluding depreciation and amortization expense).

Table 14

Principal Interest Total Coverage

1,155,536 $ 440,698$ 1,596,234$ 1.71 1,137,072 488,739 1,625,811 1.83 1,174,322 452,170 1,626,492 1.29 1,207,309 414,401 1,621,710 1.90 1,251,059 370,657 1,621,716 1.88 1,290,597 330,412 1,621,009 2.18 1,335,949 288,890 1,624,839 2.15 1,377,143 245,913 1,623,056 1.91 1,835,248 181,232 2,016,480 1.78 872,163 127,429 999,592 2.58

Debt Service