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2015 2016 2017 2018 2019 2020
<br />75,942,705$ 81,932,428$ 86,385,749$ 90,093,594$ 95,106,635$ 102,551,528$
<br />8,714,780 8,062,670 8,705,000 5,884,077 4,842,172 3,791,737
<br />67,227,925$ 73,869,758$ 77,680,749$ 84,209,517$ 90,264,463$ 98,759,791$
<br />11.48%9.84%10.08%6.53%5.09%3.70%
<br />Taxable Market Value 3,418,384,259$
<br />Debt Limit (3 Percent of Market Value)102,551,528$
<br />Debt Applicable to Limit
<br />General obligation bonds 5,990,000
<br />Less: amount available in debt service funds (2,198,263)
<br />Total Net Debt Applicable to Limit 3,791,737
<br />Legal Debt Margin 98,759,791$
<br />Fiscal Year
<br />Legal Debt Margin Calculation for Fiscal Year 2020
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