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City of San Leandro <br />Pledged-Revenue Coverage <br />Last Ten Fiscal Years <br />Special <br />Fiscal Assessment <br />Year Collections Principal Interest Coverage <br />2003 319,723$ 205,000$ 83,804$ 0.90 <br />2004 429,881 466,915 216,647 1.59 <br />2005 239,560 230,000 61,698 1.22 <br />2006 92,235 250,000 49,338 3.25 <br />2007 175,866 130,000 35,775 0.94 <br />2008 80,036 135,000 26,441 2.02 <br />2009 66 145,000 16,416 2,445.70 <br />2010 - 155,000 5,592 - <br />2011 - - - - <br />2012 - - - ` <br /> <br />Notes: The City implemented GASB 34 for the fiscal year ended June 30, 2003. Information prior to the implementation is not available. <br /> During Fiscal Year 2009-10 no assessments were necessary due to the availability of funds to pay the debt. <br />Source: City of San Leandro <br />Special Assessment Bonds <br />Debt Service <br /> 170