|
2016 2017 2018 2019 2020 2021
<br />81,932,428$ 86,385,749$ 90,093,594$ 95,106,635$ 102,551,528$ 102,551,528$
<br />8,062,670 8,705,000 5,884,077 4,842,172 3,849,458 17,443,799
<br />73,869,758$ 77,680,749$ 84,209,517$ 90,264,463$ 98,702,070$ 85,107,729$
<br />9.84%10.08%6.53%5.09%3.75%17.01%
<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 19,110,000
<br />Less: amount available in debt service funds (1,666,201)
<br />Total Net Debt Applicable to Limit 17,443,799
<br />Legal Debt Margin 85,107,729$
<br />Fiscal Year
<br />Legal Debt Margin Calculation for Fiscal Year 2020DRAFT
<br />147
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