Page 207 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

Table 6
Page 2 of 2

Fiscal Year
2013 2012 2011 2010 2009
Other Financing Sources (Uses)
Issuances of special obligation bonds $ 5,865,000 $ - $ - $ 12,700,000 $ -
Premium on special obligation bonds 444,338 - - - -
Proceeds of refunding bonds 3,786,900 14,255,000 - 24,750,000 8,435,000
Issuance on refunding LOBS 532,216 2,417,347 - 2,123,125 642,702
Payment to refunded LOBS escrow agent (4,250,404) (16,504,489) - (26,885,868) (9,072,900)
Premium on general obligation bonds - - - - -
Issuance of general obligation bonds - 2,955,000 - 15,285,000 -
Issuance of refunding general obligation bonds - - - - -
Payment to refunded bond escrow agent - - - - -
Capital leases 5,666,283 12,026,381 - - -
Refunding IFC proceeds - 21,265,956 - - -
Payment to refunded IFC escrow agent - (21,443,570) - - -
Issuance of certificates of participation - - 9,283,341 28,443,045 9,911,299
Premium on installment financing contract - 206,000 - - -
Premium on limited obligation bonds - 4,999,365 - 1,605,681 -
Issuance of limited obligation bonds - - - - -
Issuance of refunding limited obligation bonds - - - 18,639,225 -
Payment to refunded limited obligation bond escrow agent - - - (20,175,181) -
Transfers in 30,700,406 27,302,927 43,595,532 30,093,756 41,015,868
Transfers out (38,742,350) (30,827,224) (44,514,718) (32,251,276) (37,880,492)
Total other financing sources (uses), net 4,002,389 16,652,693 8,364,155 54,327,507 13,051,477
Net change in fund balances $ (23,504,944) $ (11,780,437) $ 2,223,292 $ 28,236,066 $ (22,291,608)

Debt service as a percentage of noncapital expenditures 17.1% 16.3% 9.4% 18.0% 9.9%

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