Capital Projects / Debt


A look at Some Recent Bond Issues

Source: 2009 PAFR

New Debt Issued During FY2009 (525M or ½ Billion)
Max Planck Biomedical Research Facility $46.3M
Renovations at Four Points and other public buildings $16.1M
Water Utilities – FPL Reclaimed Water Project $68.1M
SWA Future landfill NOT NEEDED TIL 2050 (3M /yr int) $131.6M
SWA Waste to Energy facilities $261.5M
HUD Loans for various community revitalization projects $1.2M
Select Outstanding Debt (original amount)
Convention Center $89.3m ($92.9m)
Criminal Justice projects $332.3m ($638.3m)
Parks & Recreation facilities $78.4m ($140.9m)
Environmentally sensitive lands $129.2m ($173.1m)
Biomedical Research Park projects $273.7m ($316.1m)

2010 Total Debt – Over 1 ½ Billion

2010 Debt Payments = nearly 300M (approx. $480/PBC taxpayer)

WHAT ARE WE, THE FEDERAL GOVERNMENT?