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OFFICE OF THE STATE AUDITOR CITY: ORONO <br />FUTURE SOLVENCY <br />15. IHDICATOR: TREND IN OUTSTANDING BONDED ...^DEBTEDNESS <br />5 YEAR <br />11/29/88 <br />METRO <br />AVERAGE <br />S YEAR <br />1983 1984 1985 1986 1987 X CHANGE X CHANGE <br />Cerwrtl Obligation 8 <br />G.O. Ravenuc Bonds $180,000 S 145,000 S 110,000 S 75,000 S 35,000 -80.6X 54.OX <br />Par Capita 26.39 21.26 15.67 10.46 4.85 <br />As a X of Assessed Valuation 0.2X 0.2X 0.1X 0.1X O.OX <br />Special Assessment <br />Bonds $3,150,000 S 2,785,000 S 3.280,000 S 2,795,000 S 2,350,000 -25.4X 6.1S <br />Per Capita 461.88 408.36 467.24 389.71 325.85 <br />As a X of Assessed Valuation 3.5X 2.9X 3.2X 2.8X 2.3X <br />Tax Increment Financing <br />Bonds S 0 $0 s 0 S 0 s 0 .... 152.3X <br />Per Capita 0.00 0.00 0.00 0.00 0.00 <br />As a X of Tax Increment Value ....e • • e a • • •• e • a • e a • <br />16. INDICATOR:CURRENT OR CHANGE IN BOND RATING <br />1983 1984 1985 1986 1987 <br />RATING FIRM <br />Moody'S A1 A1 As Aa Aa <br />Standard and Poor's <br />17. INDICATOR:TREND IN CURRENT DEBT SERVICE COSTS <br />(GOVERNMENTAL FUNDS) <br />METRO <br />AVERAGE <br />5 YEAR 5 YEAR <br />1983 1984 1985 1986 1987 X CHANGE X CHANGE <br />Debt Service Payments S 586,686 S 609.446 S 659,050 S 743,450 S 678,773 <br />Percent Change -6.9X 3.9X 8.1X 12.8X -8.7X 15.7X 23.OX <br />Debt Service as a Percent <br />of Total Revenues 21.7X 23.7X 18.5X 21.3X 21.OX <br />18. INDICATOR:TREND IN GOVERNMENTAL FUND LIABILITIES <br />METRO <br />AVERAGE <br />5 YEAR 5 YEAR <br />1983 1984 1985 1986 1987 X CHANGE X CHANGE <br />Total Liabilities S 3,349,895 S 3,043.983 S 3.764.026 S 1,578,972 S 1,404,034 <br />Percent Change <br />Liabilities as a Percant <br />-9.6X -9.1X 23.7X -58.1X -11.IX -58.IX -33.5X <br />of Current Expenditures 183.3X 153.0X 191.7X 65.7X 57.6X