|
2018 2019 2020 2021 2022 2023
<br />86,385,749$ 90,093,594$ 95,106,635$ 102,551,528$ 107,592,654$ 147,070,777$
<br />8,705,000 5,884,077 4,842,172 17,443,799 17,390,498 17,075,257
<br />77,680,749$ 84,209,517$ 90,264,463$ 85,107,729$ 90,202,156$ 129,995,520$
<br />10.08% 6.53% 5.09% 17.01% 16.16% 11.61%
<br />Taxable Market Value 4,902,359,218$
<br />Debt Limit (3 Percent of Market Value)147,070,777$
<br />Debt Applicable to Limit
<br />General obligation bonds 17,594,900
<br />Less: amount available in debt service funds (519,643)
<br />Total Net Debt Applicable to Limit 17,075,257
<br />Legal Debt Margin 129,995,520$
<br />Fiscal Year
<br />Legal Debt Margin Calculation for Fiscal Year 2020
<br />147
<br />Debt Limit (3 Percent of Market Value)Debt Limit (3 Percent of Market Value)147,070,777147,070,777$ $
<br />Debt Applicable to LimitDebt Applicable to Limit
<br />General obligation bondsGeneral obligation bonds 17,594,90017,594,900
<br />Less: amount available in debt service fundsLess: amount available in debt service funds (519,643)
<br />Total Net Debt Applicable to LimitTotal Net Debt Applicable to Limit 17,075,25717,075,257
<br />Legal Debt MarginLegal Debt Margin 129,995,520129,995,520$
<br />182
|