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Center of Colorado Water Conservancy District Agenda Item 29d <br /> May 9,2014(Updated May 23,2014) <br /> Page 7 of 7 <br /> TABLE 6: FINANCIAL RATIOS <br /> Financial Ratio Past 3 Years Future <br /> w/Project <br /> Operating Ratio(revenues/expenses) 133% 108% <br /> weak: <100%``- average: 100%- 120%``- strong: >120% (Strong) (Average) <br /> 1 1 $677K/$510K $430K/$385K <br /> Debt Service Coverage Ratio 160% 129% <br /> (revenues-expenses)/debt service (Strong) (Average) <br /> weak: <100% - average: 100% - 120%I- stron:: >120% ($67$$22880230K) ($43$0K $15155230K) <br /> 5K <br /> Cash Reserves to Current Expenses 147% 105% <br /> weak: <50%`- average: 50%- 100% - stron_: >100% (Strong) (Strong) <br /> 1 $750K/$510K $420K/$400K <br /> Collateral- Security for this loan will be a pledge of the District's 1.0 mill tax in accordance with <br /> its November 2010 voter approved ballot question, and annual financial reporting. This security is <br /> in compliance with CWCB Loan Policy#5 (Collateral). <br /> cc: Jim Culichia, Felt, Monson& Culichia, LLC <br /> Susan Schneider/Jennifer Mele, Colorado Attorney General's Office <br /> Attachment: Water Project Loan Program—Project Data Sheet <br />