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2002-09-25 CC Packet
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2002-09-25 CC Packet
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<br />SUMMARY OF DEBT AND DEBT STATISTICS <br /> <br />General ObliJ!ation Debt <br /> <br />Bonds secured primarily by water revenues <br />Bonds secured primarily by sewer and water revenues <br />Bonds secured primarily by special assessments (includes this issue) <br /> <br />Total General Obligation Direct Debt <br /> <br />Less debt service funds <br /> <br />Net Direct General Obligation Debt <br /> <br /> <br />Add City's share of net overlapping debt <br /> <br />Total Net Direct and Net Overlapping Debt <br /> <br />Special ObliJ!ation Debt <br />Lease Purchase Agreement of 1992 <br /> <br />Facts for Ratio Computations <br /> <br />2001/2002 Indicated Market Value (real and personal property) <br />200l/2002 Net Tax Capacity (real and personal property, after <br />tax increment and fiscal disparity adjustments) <br />Population (200] Estimate) <br /> <br />Debt Ratios <br /> <br />To Indicated Market Value <br />Per Capita <br />Per Capita Adjusted I <br /> <br />Direct <br />Debt <br /> <br />1.66% <br />$1,051 <br />$ 941 <br /> <br />Net <br />Direct <br />Debt <br /> <br />1.I4% <br />$723 <br />$647 <br /> <br />I The City's tax base is 10.48% commercial & industrial, which has been deducted. <br /> <br />-30- <br /> <br />Net <br />Overlapping <br />Debt <br /> <br />5.33% <br />$3,381 <br />$3,027 <br /> <br />$ 270,000 <br />535,000 <br />2,605,000 <br /> <br />$ 3,410,000 <br /> <br />( 1,064,838) <br /> <br />$ 2,345,162 <br /> <br />10,972,466 <br /> <br />m.3u,~~~ <br /> <br />$ <br /> <br />59,034 <br /> <br />$205,970,987 <br /> <br />$2,071,728 <br />3,245 <br /> <br />Net Direct <br />and Net <br />Overlapping <br />Debt <br /> <br />6.47% <br />$4,104 <br />$3,674 <br />
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