Table 3.--Computation of Lendable Proceeds for Long-Term Tax-Exempt Governmental Bonds, by Purpose of Bond, 1995
[Money amounts are in millions of dollars]
Proceeds by purpose of bond Number (1)
Entire issue price Amount (2) Number (3)
Bond issuance costs Amount (4) 8,297 2,729 160 668 570 1,094 94 1,318 104 2,317 Total proceeds 1,103 316 18 118 41 112 15 158 2 2 320 Number (5) 2,107 901 39 132 117 230 13 302 37 -530
Credit enhancement Amount (6) 292 65 9 60 8 19 2 48 1 -80 Number (7)
Allocation to reserve fund Amount (8) 1,080 159 39 81 52 171 35 275 --298 Nonrefunding proceeds 1,339 207 25 240 62 175 23 299 --308
Total....................................................................................................................... 13,576 101,193 Education....................................................................................................................... 4,411 28,722 Health and hospital....................................................................................................................... 325 1,360 Transportation....................................................................................................................... 966 13,115 Public safety....................................................................................................................... 1,603 3,964 Environment....................................................................................................................... 1,489 8,451 Housing....................................................................................................................... 124 982 Utilities....................................................................................................................... 1,670 13,236 Bond anticipation notes....................................................................................................................... 146 578 Other bonds....................................................................................................................... 3,696 29,849
Tax/Revenue anticipation notes....................................................................................................................... 81 110 937
Proceeds by purpose of bond
Proceeds used to refund prior issues
Number (9)
Amount (10)
Number (11) 2,867 747 55 243 174 480 40 610 -24 867
Amount (12) 31,488 6,449 298 4,886 739 2,352 452 5,908 -40 10,364
Number (13) 11,751 3,994 296 830 1,522 1,171 93 1,267 110 134 3,178
Amount (14) 66,979 21,684 1,010 7,811 3,122 5,793 488 6,824 933 536 18,778
Total....................................................................................................................... ..................................................................................................................... 13,576 98,467 Education....................................................................................................................... ..................................................................................................................... 4,411 28,134 Health and hospital....................................................................................................................... ..................................................................................................................... 325 1,308 Transportation....................................................................................................................... ..................................................................................................................... 966 12,696 Public safety....................................................................................................................... ..................................................................................................................... 1,603 3,860 Environment....................................................................................................................... ..................................................................................................................... 1,489 8,145 Housing....................................................................................................................... ..................................................................................................................... 124 940 Utilities....................................................................................................................... ..................................................................................................................... 1,670 12,731 Tax/Revenue anticipation notes....................................................................................................................... ..................................................................................................................... 110 933 Bond anticipation notes....................................................................................................................... ..................................................................................................................... 146 576 Other bonds....................................................................................................................... ..................................................................................................................... 3,696 29,142
NOTE: Detail may not add to totals because of rounding. SOURCE: IRS, Statistics of Income Bulletin, Fall 2000, Publication 1136 (Rev. 11-2000)