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Debt Administration <br />At the end of the current Fiscal Year, the City's total long-term debt outstanding is $95.8 million, an <br />increase of $14.5 million from the prior Fiscal Year. <br />At the end of the current Fiscal Year, the City's total long-term debt outstanding for governmental <br />activities is $57.4 million, an increase of $16.5 million from the prior Fiscal Year. The increase was due <br />to issue of the 2018 Lease Revenue Bonds for $18.9 million reduced by normal debt amortization as seen <br />in Note 6 of the notes to the financial statements. <br />At the end of the current Fiscal Year, the City's total long-term debt outstanding for business -type <br />activities is $38.4 million, a decrease of $2.0 million from the prior Fiscal Year. The decrease reflects <br />normal debt amortization for the State Water Resources Control Board Loan and Marina Cal Boating <br />Loan. <br />Additional information on the City's long-term debt obligations can be found in Note 6 of the notes to the <br />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, 2019 <br />(in thousands) <br />Governmental Activities <br />Business -Type Activities <br />Total <br />2019 <br />2018 <br />2019 2018 <br />2019 <br />2018 <br />Revenue bonds and notes $ 51,018 <br />$ 34,057 <br />$ - $ - <br />$ 51,018 $ <br />34,057 <br />(backed by specific tax and fee revenues) <br />Other loans 6,393 <br />6,838 <br />38,374 40,364 <br />44,767 <br />47,202 <br />Total $ 57,411 <br />$ 40,895 <br />$ 38,374 $ 40,364 <br />$ 95,785 $ <br />81,259 <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 citizens, <br />taxpayers, customers, investors and creditors. Questions concerning any of the information provided in <br />this report or requests for additional information should be addressed to the City of San Leandro, Finance <br />Department, 835 East 14th Street, San Leandro, CA 94577. <br />17 <br />