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D_F B_ _BAT -9-16 <br />Debt/ Debt/7,379 <br />Market Value Estimated <br />g,Q Debt AI7L.43 LJAL2 Poou_ lation <br />Direct g.o. debt being paid from: <br />Revenues and special assessments �'300OUO <br />750.000 <br />Special assessments and taxes _ <br />Total g.o. debt $4,050,000 <br />Less funds on hand 1) _1 111.262 <br />$z�878�738 0.50% $390.13 <br />Net g.o. debt <br />City's share of total 0.45% $353.38 <br />overlapping debt 2) $2,607,627 <br />1 )Funds on hand for debt redemption ta(avilabe obligation or payment <br />o to riiiripal net <br />nd <br />interest) have been deducted from general <br />general obligation debt. <br />2)Based on total net debt (total gross deht less debt redemption funds) of <br />$2,310,534, the debtimarket value becomes 0.40%, and tiie debt/estimated <br />population becomes $313.12. <br />17 <br />