Debt Program

Orange County Local Transportation Authority (OCLTA-M2)
2008 Tax-Exempt Commercial Paper
Issued:	$100,000,000
Outstanding:	25,000,000
Estimated Interest Debt Service FY 2012	625,000
Pledged Revenue Source:	M2 Sales Tax Revenues
Ratings	A-1+ / P-1 / F1+

2010 Series A Taxable Build America Bonds - Sales Tax Revenue Bonds
Issued:	$293,540,000
Outstanding:	293,540,000
Debt Service FY 2012:	12,922,317
Pledged Revenue Source:	M2 Sales Tax Revenues
Ratings	Aa2 / AA+ / AA
Final Maturity:	2041

2010 Series B Tax-Exempt Sales Tax Revenue Bonds
Issued:	$59,030,000
Outstanding:	59,030,000
Debt Service FY 2012:	2,502,650
Pledged Revenue Source:	M2 Sales Tax Revenues
Ratings	Aa2 / AA+ / AA
Final Maturity:	2020

91 Express Lanes
2003 OCTA 91 Express Lanes Refunding Bonds
Issued:	$195,265,000
Outstanding:	160,705,000
Estimated Interest Debt Service FY 2012	10,757,468
Pledged Revenue Source:	Toll Road Revenues
Ratings	A1 / A / A