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07-08-1991 Council Packet
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07-08-1991 Council Packet
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62"91.10(87) <br />c:ry OF ORONO <br />KEY FINANCIAL HEALTH INDiCAT' RS <br />^990 1989 1933 <br />Current population <br />Gross Tax Capacity* <br />Percent of property Taxes Collected <br />Ci^y Revenues per capita <br />(governmental funds) <br />City expenditures per capita <br />(governmental funds) <br />Ratio of Bonded Debt to Tax Capacity <br />(Excludes Revenue Bonds) <br />Bond Rating <br />7,21:^7,379 7,2 1 <br />$ 12,892,214 $14,351,809 :?107 ,414,670 <br />96.4% <br />485.58 9 <br />476.83 $ <br />10.86% <br />Aal <br />96.4% <br />493.05 $ <br />445.64 $ <br />11.85% <br />Aal <br />97.2% <br />456.73 <br />459.65 <br />1.89% <br />Note (*) Gross Tax Capacity replaces assessed value c.3 the basis <br />for extending taxes payable in 1989. (Net Tax Capacity <br />payable 1990 and subsequent years). <br />Beginning with 1989 t^'*- t'-rminology for Assessed valuations is <br />replaced by Tax Capacity, which is determined in the same man. r <br />except using “mailer p .centayes for each property class. <br />’m’ <br />The complete financial report availabie at the Orono finance <br />office includes the detail of this blished report. <br />e'-
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