Draft Finance Plan 201-2023-2018_11_13_SM_7c_supp_Page_06

A presentation slide titled 'Debt is an Important Funding Tool' outlines types of debt (revenue bonds supported by operating cash flow, General Obligation bonds supported by tax levy), use of debt for near-term funding and long-term investments, and debt management metrics including debt service coverage targets (Airport: 1.25x, Non-airport: 1.50x under review), maximum tax levy leverage of 75%, minimum operating fund balances averaging 9 months of operating expense, and Cost Per Enplanement (CPE). The slide's reference to airport-specific debt service coverage ratios and CPE suggests an airport authority financial policy context.
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