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5.5. SR 06-02-2008
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5.5. SR 06-02-2008
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5/30/2008 9:27:42 AM
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6/2/2008
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<br />Cirv of Clk River <br />March 13, 2008 <br />Page 2 L <br />Bonded Debt per Capita (Funding Ratio) <br />This dollar amount is arrived at by dividin° the total bonded debt by the population oC the city and represents the amount of <br />bonded debt obligation for each citizen of the city at the end of the year. The higher the amount, the more resources are needed in <br />the fuhtre to retire these obligations through taxes, assessments or user tees. <br />S2.500 <br />$2,300 <br />$2,100 <br />$1,900 <br />$1,700 <br />$1,500 <br />$1,300 <br />$1,100 <br />S900 <br />52,193 <br />3L652 Sl,a^,' SL610 <br />S1,lSA 33,193 S1,203 <br />zooa zoos zoo6 zoos <br />'~'Cityratio ~~Peer group average' <br />Taxes per Capita (Funding Ratio) <br />This dollar amount is arrived at by dividing the total tax revenues by the population of the city and represents the amount of taxes <br />for each citizen of the city far the year. The higher This amount is, the more reliant the city is on taxes to fund its operations. <br />$600 <br />$ssn <br />$5aa <br />$asa <br />$aoo <br />$350 <br />S300 <br />5250 <br />S200 <br />3abs <br />3azs <br />5354 $351 <br />5393 <br />5306 53aS <br />2004 2005 2006 2007 <br />~ii~'City ratio ~~Peer group average <br />952.835,9090 Fax 902.835.3261 <br />www.aemcpas.avn <br />
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