|
2014
<br />2015
<br />2016
<br />2017
<br />2018
<br />2019
<br />$ 53,892,054
<br />$ 57,026,844
<br />$ 59,362,917
<br />$ 61,802,478
<br />$ 65,358,630 $
<br />71,232,177
<br />30,071,667
<br />28,986,667
<br />25,706,667
<br />15,331,667
<br />14,220,000
<br />13,076,667
<br />10, 743,409
<br />10,673,852
<br />10, 560,614
<br />1,377,746
<br />1,457,117
<br />1,528,399
<br />19,328,258
<br />18,312,815
<br />15,146,053
<br />13,953,921
<br />12,762,883
<br />11,548,268
<br />$ 34,563,796
<br />$ 38,714,029
<br />$ 44,216,864
<br />$ 47,848,557
<br />$ 52,595,747 $
<br />59,683,909
<br />35.86%
<br />32.11 %
<br />25.51 %
<br />22.58%
<br />19.53%
<br />16.21 %
<br />Legal Debt Margin Calculation for Fiscal Year 2019
<br />Estimated taxable market value
<br />Debt limit (3% of market value)
<br />Debt applicable to limit:
<br />G.O. capital improvement bonds
<br />G.O. EDA bonds'
<br />Less: Cash and investments in related
<br />debt service funds
<br />Total net debt applicable to limit
<br />Legal debt margin
<br />$ 2,374,405,900
<br />$ 71,232,177
<br />7,300,000
<br />5,776,667
<br />(1,528,399)
<br />11,548,268
<br />$ 59,683,909
<br />(136)
<br />
|