4/14/2023 0 Comments Dtop gob pr![]() Puerto Rico Highway and Transportation Authority - $1,129,643,740ġ993 Variable Rate Bond Supplement relating to Subordinated Transportation Revenue Bonds (Series 1998) Puerto Rico Highway and Transportation Authority - $75,050,000 $118,615,000 Transportation Revenue Refunding Bonds (Series F)Įrrata Notice Relating to Puerto Rico Highway and Transportation Authority - $1,103,875,000 $284,405,000 Transportation Revenue Refunding Bonds (Series E) $700,855,000 Transportation Revenue Bonds (Series D) Puerto Rico Highway and Transportation Authority - $1,103,875,000 $320,545,000 Subordinated Transportation Revenue Bonds (Series 2003) $72,035,000 Transportation Revenue Refunding Bonds (Series H) $563,650,000 Transportation Revenue Bonds (Series G) $717,365,000 Highway Revenue Refunding Bonds (Series AA) Puerto Rico Highways and Transportation Authority - $1,673,595,000 Special Facility Revenue Refunding Bonds, 2003 Series A Puerto Rico Highways and Transportation Authority - $153,222,270.45 $405,895,000 Transportation Revenue Bonds (Series J) $82,340,000 Transportation Revenue Refunding Bonds (Series I) $139,875,000 Grant Anticipation Revenue Bonds (Series 2004) Puerto Rico Highways and Transportation Authority - $628,110,000 $101,625,000 Highway Revenue Refunding Bonds (Series BB) $598,285,000 Transportation Revenue Refunding Bonds (Series L) $800,000,000 Transportation Revenue Bonds (Series K) Puerto Rico Highways and Transportation Authority - $1,499,910,000 $431,955,609.05 Highway Revenue Refunding Bonds (Series CC) $1,502,904,943.95 Transportation Revenue Refunding Bonds (Series N) $250,000,000 Transportation Revenue Bonds (Series M) Puerto Rico Highways and Transportation Authority - $2,184,860,553 $44,275,000 Transportation Revenue Refunding Bonds (Series H)) $253,670,000 - Highway Revenue Refunding Bonds (Series AA) Puerto Rico Highways and Transportation Authority - $297,945,000 Īudited Financial Statements, Required Supplementary Information and Supplemental Schedules for years ended Jand 2013 Revenue Bonds, federal grants and specified tax revenues (after debt service) provide the bulk of financing for the construction of these facilities. The Authority is responsible for the construction, operation and maintenance of Puerto Rico's toll road network, major highways and mass transportation facilities. Transportation Revenue Bonds are payable out of the excess proceeds after payment of Highway Revenue Bonds plus proceeds derived from an Excise Tax on certain petroleum products of $9.25 per barrel up to a maximum of $120 million annually, in addition to any toll revenues on the Authority's traffic facilities that were not financed with Highway Revenue Bonds. The Authority is required to accumulate and maintain a debt service reserve equal to the lesser of the maximum annual debt service on its Highway Revenue Bonds or 10 percent of the principal amount of the bonds outstanding. ![]() However, such other revenues have always been sufficient. Pledged taxes must be used to provide for debt service on the Commonwealth's general obligations and guaranteed debt if and to the extent that other Commonwealth revenues are insufficient for such purpose. Highway Revenue Bonds are payable from gross revenues derived from Commonwealth of Puerto Rico gasoline and other fuel taxes, highway tolls, and certain license fees. View prior reports from Credit Rating Agencies Go to Commonwealth section to access other credit rating reports affecting PRHTA debt
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