PPRF Coverage Combined Senior & Subordinate Liens


New Mexico Finance Authority

PPRF Combined Lien Coverage Calculations as of Feb 28, 2019

GGRT Combined Loan Combined Bond
Year As of Dec 2018 Revenues Debt Service Coverage
2019 36,300,000 168,846,831 160,832,460 1.35
2020 31,500,000 180,396,219 172,054,063 1.23
2021 31,500,000 172,137,915 162,958,589 1.25
2022 31,500,000 157,872,069 150,828,913 1.26
2023 31,500,000 146,345,017 140,735,187 1.26
2024 31,500,000 128,686,714 122,243,264 1.31
2025 31,500,000 123,853,205 114,871,129 1.35
2026 31,500,000 111,550,134 101,395,216 1.41
2027 31,500,000 109,680,777 96,897,013 1.46
2028 31,500,000 98,137,847 85,738,910 1.51
2029 31,500,000 98,801,212 77,323,369 1.69
2030 31,500,000 78,717,665 65,054,672 1.69
2031 31,500,000 72,261,121 60,130,611 1.73
2032 31,500,000 65,908,618 58,323,141 1.67
2033 31,500,000 61,637,431 56,610,468 1.65
2034 31,500,000 53,659,702 48,884,299 1.74
2035 31,500,000 50,803,509 46,764,585 1.76
2036 31,500,000 35,847,016 32,333,772 2.08
2037 31,500,000 29,135,332 23,521,621 2.58
2038 31,500,000 23,599,214 21,730,767 2.54
2039 31,500,000 15,855,774 13,640,735 3.47
2040 31,500,000 8,292,536 7,066,700 5.63
2041 31,500,000 7,506,452 6,672,000 5.85
2042 31,500,000 3,857,541 2,788,950 12.68
2043 31,500,000 3,595,905 2,784,650 12.60
2044 31,500,000 3,527,542 2,782,850 12.59
2045 31,500,000 3,347,991 2,633,350 13.23
2046 31,500,000 2,669,500 1,957,000 17.46
2047 31,500,000 675,231 0 0.00
2048 31,500,000 587,477 0 0.00
2049 31,500,000 28,226 0 0.00

 

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