|
2008 2009 2010 2011 2012 2013
<br /> 66,024,514 $ 67,527,057 $ 64,126,188 $ 61,599,050 $ 58,316,472 $ 48,527,082
<br /> 18,391,033 17,471,716 18,040,733 17,120,000 23,286,667 32,141,667
<br /> 1,318,186 1,418,700 1,164,060 1,030,418 1,202,093 10,819,006
<br /> 17,072,847 16,053,016 16,876,673 16,089,582 22,084,574 21,322,661
<br /> $ 48,951,667 $ 51,474,041 $ 47,249,515 $ 45,509,468 $ 36,231,898 $ 27,204,421
<br /> 25.86% 23.77% 26.32% 26.12% 37.87% 43.94%
<br /> Legal Debt Margin Calculation for Fiscal Year 2013
<br /> Estimated taxable market value $ 1,617,569,400
<br /> Debt limit(3%of market value) $ 48,527,082
<br /> Debt applicable to limit:
<br /> G.O.capital improvement bonds 15,360,000
<br /> G.O.EDA bonds[ 16,781,667
<br /> Less: Cash and investments in related
<br /> debt service funds _ (10,819,006)
<br /> Total net debt applicable to limit 21,322,661
<br /> Legal debt margin $ 27,204,421
<br /> 108
<br />
|