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City of South Bend, Indiana <br />Ratios of Outstanding Debt by Type <br />Last Ten Fiscal Years <br /> Governmental Activties Business-Type Activities South Bend <br /> General _ Total DeM Metropolitan Debt <br />Fiscal Obligation Revenue Mortgage NoteslLOans Capital Revenue Mortgage Notes/LOans Capital Primary Estimated Per Area Net Pement of <br />Year Bonds Bonds Bonds ~ Payable Leases Bonds Bonds Payable Leases GovemmeM Population Capita Eamings Net Eamings <br />1997 $4,530,000 $58,420,000 $0 $800,000 $8,742,508 $40,215,000 $0 $0 $2,946,532 $115,654,040 102,100 $1,133 1:4,051,000,000 2.85% <br />1998 4,085,000 52,125,000 0 1,455,000 6,884,599 55,970,000 0 211,000 1,839,761 122,570,360 102,100 1,200 4,321,000,000 2.66% <br />1999 3,620,000 50,100,000 2,383,664 3,605,000 5,415,856 58,868,239 0 193,000 1,269,772 125,455,531 99,417 1,262 x,573,000,000 2.74% <br />2000 3,135,000 47,425,000 2,112,792 2,815,705 5,315,127 33,970,000 ~ 0 16,987,125 1,386,997 113,147,746 107,769 1,050 x,742,000,000 2.39% <br />2001 2,620,000 60,565,000 9,903,603 3,040,000 3,471,901 31,380,000 1,137,000 22,411,957 814,025 135,343,486 107,789 1,256 5,022,000,000 ~ 2.70% <br />2002 2,085,000 63,175,000 9,565,497 8,172,424 3,455,652 34,675,000 1,137,000 21,999,758 578,455 144,843,788 108,558 1,359 5,191,000,000 2.79% <br />2003 1,525,000 85,070,000 30,112,808 6,131,984 3,659,322 31,625,000 1,099,005 21,338,647 794,885 183,356,651 105,494 1,738 5,530,000,000 3.32% <br />2004 935,000 82,135,000 29,525,289 7,946,868 2,971,007 39,815,000 1,058,415 21,730,271 520,389 186,639,239 105,494 1,769 5.760,000,000 3.23% <br />2005 320,000 84,225,000 28,994,057 9,539,771 3,454,627 35,990,000. 1,015,980 20,659,684 1,710,033 185,909,332 105,494 1,762 8.000.000,000 3,10% <br />2006 0 82,445,000 27,337,124 11,758,552 3,533,187 44,345,000 972,315 19,258,433 1,523,594 191,173,205 105,494 1,812 8,250,000,000 3.06% <br />Sources: City of South Bend Comprehensive Annual Financial Reports <br />Population statistics obtained from the U.S. Census Bumau. Most recent estimate was for 2003. <br />Net Eamings Informa8on obtained from STATS, Indiana, a website sponsored by the Indiana Business Research Center at Indiana <br />F-~ Univeristy's Kelly School of Business. Webshe: www.stats.indiana.edu. intorma8on updated through 2004. Projected for 2005 and 2006. <br />N <br />