Department of Finance city of chicago
September 18, 2012
Honorable Susana Mendoza City Clerk City of Chicago
121 North LaSalle Street, Room 107 Chicago, Illinois 60602
Dear City Clerk Mendoza:
Submitted herewith are 55 copies of the required Financial Report as follows:
- City of Chicago - Corporate Purposes Fund Cash Report
- City of Chicago - Statement of Funded Debt
- City of Chicago Corporate Fund - Statement of Floating Debt
Please have a copy distributed to each member ofthe City Council and retain a copy for your files.
Amer Ahmad City Comptroller
AA:KR:dm Attachments
33 NORTH LASALLE STREET, SUITE GOO, CHICAGO, ILLINOIS 60G02
Sincerely,
Department of Finance
CITY OF CHICAGO
September 18, 2012
To the Honorable Rahm Emanuel, Mayor, and the Members ofthe City Council of Chicago:
In accordance with the Municipal Code, chapter 2-32-190, the City Comptroller is required to submit to the City Council quarterly information as follows:
City Treasurer Activity for Corporate Purposes Fund:
Cash Balance as of March 31, 2012 $305,029,112
Cash Receipts for the three months ending June 30, 2012 $ 936,559,558
Cash Disbursements for the three months
ending June 30, 2012 $ 1,103,129,823
Cash Balance as of June 30, 2012 $ 138,458,847
Statement of Funded Debt as of June 30, 2012 Exhibit A
Statement of Floating Debt Corporate Fund, as of
June 30, 2012 Exhibit B
Amer Ahmad City Comptroller
AA:KR:dm
33 NORTH LASALLE STREET, SUITE 600, CHICAGO, ILLINOIS 60602
Sincerely,
EXHIBIT A Page 1 of 2
CITY OF CHICAGO STATEMENT OF FUNDED DEBT (ALL AMOUNTS TO NEAREST DOLLAR) AS OF JUNE 30, 2012
Bonds Three Months Ended Bonds
Outstanding June 30,2012 Outstanding
Description of Bonds Mar. 31,2012 Issued Retired June 30.2012
General Obligation Bonds: Refunding Series 1991 Refunding Series of 1993 A Refunding Series 1993 B Refunding Series 1995 A-2 Refunding Series 2005 A Refunding Series of 2008 A&B Refunding Series 2009 A-D Refunding Series 2012 C Project Series 1999 (City Colleges) Project Series 2007 (City Colleges) Project Series 2000 A Project Series 2003 C Project Series 2011A Project Series 2012A Taxable Series 2003 D Taxable Series 2010 B Taxable Series 2010 C-1 Taxable Series 2011B Project Refunding Series 1998 Project Refunding Series A&B 2001 Project Refunding Series 2002 A Project Refunding Series 2003 A Project Refunding Series 2003 B Project Refunding Series 2004 A&B Project Refunding Series 2005 B&C Project Refunding Series 2005 D Project Refunding Series 200S A Project Refunding Series 2006 B Project Refunding Bonds S-2007 A&B Project Refunding Bonds S-2007 C&D Project Refunding Bonds S-2007 E.F&G Project Refunding Bonds S-2008 C&E Project Refunding Bonds S-2008 D Project Refunding Series 2012 B
Emergency Telephone System: 911 Refunding Series 1999 911 Taxable Series 2004
Neighborhood Alive 21 Program: Series 2000 A & B (N.A.21) Series 2002 B Series 2003
Tender Bonds: Series 1996 B
Gen Obligation Direct Access Bonds: Series 2005-1,2&3 Series 2006-1 A-D
G. O. Comm. Paper Prog. S-2002 A&B Total General Obligation Bonds
1,237.367 10,340,000 73,480,000 81.645,000 403,775,000 468,805,000 793,275,000
203.686,342 36.615,000 7,403,130 73,095,000
210,640,000
4,650,000 213.555,000 299,340,000 205,705,000
51,835,000
86,806,954 3,385,000
63,980,000 199,040.000 201,095.000 307,755,000 222,790,000 554,515,000
33,895,000 553,460,000 322,985.000 200,000,000 544,916.650
62,075,000
133,655,000 46,365,000
260,000 206.700,000 9,650.000
1,500,000
73,357,000 30,708.000 127,707,000 ' 7,125,682,443 $
106,970,000
179,905,000
307,975,000
1,210,000 596,060,000 $
6,400,000 6,000.000
1,237,367 3,940,000
67,480,000
72.690,000 210,000
81.645.000 331,085,000 468,595,000 793.275,000 106,970,000 203,686,342
36,615.000 7,403,130
39,315,000
3.950,000 2.315,000
15.280,000
69,605,000 4,285,000
3,105,000
205,000 23,805,000
33,780,000 210,640,000 179,905,000 4,650,000 213,555,000 299,340,000 205,705.000
47,885,000
84,491,954 3,385,000
48,700,000 199,040.000 131.490,000 303,470,000 222,790,000 551,410,000
33,895,000 553,255.000 299,180,000 200,000,000 544,916,650
62,075,000 307,975,000
133,655,000 46.365,000
260,000 206,700,000 9,650,000
1,500,000
73,357,000 30,708,000 33,882,000
95,035,000
342,200,000 $ 7,379,542,443
Daily Tender Notes Series 2011
Total Daily Tender Notes
Notes Outstanding Mar. 31. 2012
70,425,000 $ 70,425,000 $
Three Months Ended June 30, 2012 Issued Retired
Notes Outstanding June 30.2012
70,425,000 70,425,000
*An adjustment made to G. O. Comm. Paper Prog. S-2002 A&B to include New Notes Issued on 1/18/12 for $4,000.00, 02/12/12 for $8,000.00 and 03/07/12 for $15,000.00.
CITY OF CHICAGO STATEMENT OF FUNDED DEBT (ALL AMOUNTS TO NEAREST DOLLAR) AS OF JUNE 30, 2012
EXHIBIT A Page 2 of 2
Description of Bonds
Bonds Outstanding Mar. 31, 2012
Three Months Ended June 30, 2012
Bonds Outstanding Jun. 30. 2012
26,455,000
Revenue Bonds: Water Revenue
Water Commercial Paper Notes Series A Wastewater Transmission Motor Fuel Tax Sales Tax Revenue Bonds : Series 1998
Series 2002 Refunding Bonds
Series 2005 Refunding Bonds
Series 2009A, B&C Refunding Bonds
Series 2011A
Series 2011B Taxable Modern Schools Chicago Program:
Series 2007 A-K
Series 2010 A-B Chicago-O'Hare International Airport:
Second Lien B of 1984
Second Lien B of 1988
Second Lien 1994 B
Second Lien 199"! C
Second Lien A & B of 1996
Third Lien 2003 A-C
Third Lien 2003 D, E&F
Third Lien Rev. Bonds 2004 A-IH
Third Lien Rev. Bonds 2005 A-B
Third Lien Rev. Bonds 2005 C-D
Third Lien Rev. Bonds 2006 A-D
Third Lien Rev. Bonds 2008 A-D
Third Lien Rev. Bonds 2010 A-F
Third Lien Rev. Bonds 2011 A
Third Lien Rev. Bonds 2011 B
Third Lien Rev. Bonds 2011 C
Refunding Bonds 1993 Series A&C
Refunding Bonds Series 1999
Refunding Bonds Sehes 2002 A PFC Revenue Bonds:
Second Lien 2001 A
Second Lien 2001 B
Second Lien 2001 C
Second Lien 2001 D
Series 2008 A
Series 2010 A-D
Series 2011 A-B G. O. Comm. Paper Notes Series A-C Midway Airport:
Series A&B of 1996
Series A, B&C of 1998
Series 2001 A
Series 2001 B
Second Lien of 1998 A&B
Second Lien Rev. Bonds 2004 A&B
Second Lien Rev. Bonds 2004 C&D
Second Lien Rev. Bonds 2010 A
Second Lien Rev. Bonds 2010 B-D G. O. Comm Paper Notes Series 2003 A-C Total Revenue Bonds
1,674.674,422 46,629.000 1.084.224.642 193.040,000
20,555.000 113,240.000 119,680,000
90,892.392 214,340.000
18.565.000
300,420.000 149,025,000
10.575.000 10,900,000 28,600,000 35,000.000 17,180,000 986.310,000 129.070,000 214,930,000 1.200,000.000 240.600.0DO 73.800.000 777,210,000 1.020,700.000 420,155.000 295,920.000 283,925,000 26,455,000 220,115,000 490.515,000
246,705.000 91.520.000
124,035,000 40.985.000 91,215,000
137.385.000 46.005,000 19.915.000
137,795.000 373,400,000 191.900,000
63,165.000 132.525.000
64,885,000 148,500,000
76.575,000 246,540,000
12,740,295,456
399,445,000 10.971.000
30,638.000 *
449,399,000
2.074,119.422 21.698.000 1.084,224,642 193.040,000
20.555.000 113.240,000 119,680,000
90,892.392 214.340,000
18,565.000
300,420,000 149,025.000
10,575,000 10.900,000 28,600.000 35,000,000 17,180.000 986.310,000 129.070,000 214,930,000 1.200.000.000 240.600,000 73.800.000 777,210,000 1,020.700.000 420,155,000 295.920,000 283.925,000
220.115,000 490.515,000
246.705,000 91.520,000
124,035,000 40.965,000 91.215,000
137,385,000 46,005,000 50,553,000
137.795.000 373,400.000 191,900,000
63,165.000 132,525,000
64.885,000 148.500.000
76,575.000 246,540.000 8,345,000
13,118,992,456
Notes:
- The principal and interest on the Revenue Bonds are paid from revenues derived from operalion of these facilities as provided in the authorizing ordinances.
- $28,800,000 of Series 1997 Building Acquisition Certificates were issued in 1997 and are excluded from the above analysis
since debt service is paid through an annual appropriation. In addition. $91,000.000 for the Michael Reese promissory note is excluded from the above analysis
3. Debt Services requirements through January 1, 2013 are as follows:
General Obligation Bonds (a) General Obligation Notes (a) Water Fund Sewer Fund
Modern Schools Chicago Program Motor Fuel Tax Sales Tax Revenue Bonds Chicago-O'Hare International Airport Midway Airport
Principal 100,662,714 70,425,000 43,451,954 28,855,000 24,065,000 5,850.000 11,300.000 154,075,000 23,475,000
Interest
184.738,850 308,305 53,071,074 24,050,010 10,832,578 4.883.939 14.394.419 194.406,892 35,896,290
(a) Funds for payment of principal and interest are available in the escrow fund or wit) become available upon receipt of 2012 property taxes collectible in 2013.
An adjustment made to G. O. Comm. Paper Notes Series A-C to include New Notes Issued on 10/05/11 for $4,000.00 and 02/08/12 for $27,000.00. ' An adjustment made to Water Commercial Paper Notes Series A to include New Notes Issued on 03/14/12 for $53,000.00.
EXHIBIT B
CITY OF CHICAGO CORPORATE FUND STATEMENT OF FLOATING DEBT (ALL AMOUNTS TO NEAREST DOLLAR) AS OF JUNE 30, 2012
$165.804.761
Vouchers Payable and Warrants Issued and Outstanding...