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Debt Administration. At the end of the current fiscal year, the City's total long-term debt outstanding is <br />$48.9 million, a decrease of $1.6 million from the prior fiscal year. The net decrease reflects the new <br />lease purchase of the fire truck equipment and refinancing of the 2003 Certificates of participation at the <br />lower interest rate. <br />Additional information on the City's long-term debt obligations can be found in Note 7 of the notes to <br />the financial statements. <br />The following is a summary of the City's outstanding debt: <br />City of San Leandro <br />Outstanding Debt <br />Year Ended June 30,2013 <br />(in thousands) <br />Governmental Activities Business -Type Activities Total <br />2013 2012 2013 2012 2013 2012 <br />Revenue bonds and notes <br />$ 26,468 $ <br />18,305 $ $ <br />- $ 26,468 $ <br />18,305 <br />(backed by specific tax and fee revenues) <br />Certificates of participation <br />19,250 <br />29,515 <br />19,250 <br />29,515 <br />Other loans <br />3,218 <br />3,153 23,228 <br />8,979 26,446 <br />12,132 <br />Total <br />$ 48,936 $ <br />50,973 $ 23,228 $ <br />8,979 $ 72,164 $ <br />59,952 <br />ECONOMIC FACTORS AND NEXT YEAR'S BUDGET <br />The economy of the City and major initiative are discussed in the Transmittal Letter located in the <br />Introductory Section of the CAFR. <br />REQUESTS FOR INFORMATION <br />This financial report is designed to provide a general overview of the City's finances for all of its <br />citizens, taxpayers, customers, investors and creditors. Questions concerning any of the information <br />provided in this report or requests for additional information should be addressed to the City of San <br />Leandro, Finance Department, 835 East 14th Street, San Leandro, CA 94577. <br />18 <br />