Financial Report - Schedule of Analysis of Funds Available for Debt Service for Revenue Bonds Outstanding : University of North Texas

Schedule D-2A																Schedule D-2A
	UNIVERSITY OF NORTH TEXAS

SCHEDULE OF ANALYSIS OF FUNDS AVAILABLE FOR DEBT SERVICE FOR REVENUE BONDS OUTSTANDING
For the Year Ended August 31, 1999
UNAUDITED


		PLEDGED AND OTHER SOURCES & RELATED EXPENDITURES FOR FISCAL YEAR 1999
		INTEREST		(a)	(b)	(c)		(d)	(a+b-c-d)			RESTRICTED ACCOUNT BALANCES AT AUGUST 31, 1999
		EARNED ON	OTHER	TOTAL					NET				INTEREST & SINKING FUND		BOND RESERVE FUND
DESCRIPTION	OPERATING	PLEDGED	PLEDGED	PLEDGED	OTHER	OPERATING		CAPITAL	AVAILABLE FOR	DEBT SERVICE		REFUNDED OR	MINIMUM	ACTUAL	MINIMUM	ACTUAL
	REVENUES	SOURCES*	SOURCES	SOURCES*	SOURCES	EXPENSES		OUTLAY	DEBT SERVICE	PRINCIPAL	INTEREST	EXTINGUISHED	REQUIRED	BALANCE	REQUIRED	BALANCE**
	$	$	$	$	$	$		$	$	$	$	$	$	$	$	$
CONS UNIV REV
REF & IMP BONDS,
SER '85, CONS UNIV
REV BDS, SER '94 &
SER '96 & CONS UNIV
REV REF BDS, SER '97
	22,290,854.10	2,668,081.57	18,406,435.70	43,365,371.37	1,992,925.00	18,989,322.54	204681.9	204,681.96	26,164,291.87	2,815,000.00	1,434,505.00	0.00	n/a	n/a	2,479,731.06	2,479,731.06

REV FIN SYS BDS
SER'97 & SER '99*			25,988,111.99	25,988,111.99	685,000.00				26,673,111.99	1,045,000.00	187,317.50	0.00	n/a	n/a	n/a	n/a

	22,290,854.10	2,668,081.57	44,394,547.69	69,353,483.36	2,677,925.00	18,989,322.54		204,681.96	52,837,403.86	3,860,000.00	1,621,822.50	0.00			2,479,731.06	2,479,731.06
* The Revenue Financing System was established by the Board in mid-1997. The University was the only Participant until 1999 when the University of North Texas Health Science Center became a Participant in the Revenue Financing System. Pledged Revenues of both the University and the Health Science Center constitute Pledged Revenues for Revenue Financing System bonds at both institutions. The Pledged Revenue amounts above do not include the Pledged Revenues of the Health Science Center since each institution reports as a separate entity. The Master Resolution creating the Revenue Financing System provides that once an institution becomes a Participant, all lawfully available revenues and fees attributable to that entity and pledged by the Board become part of the Pledged Revenues; provided, however, that any outstanding Prior Encumbered Obligations of the entity secured by such sources as Pledged Revenues will have the first lien and the Pledged Revenues of the Revenue Financing System will be subject and subordinate to such Prior Encumbered Obligations.
** Basis for calculation of reserve is market value as of August 31, 1999 per bond resolution.

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