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2004-04-28 WS & CC Meeting
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2004-04-28 WS & CC Meeting
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<br />SUMMARY OF DEBT AND DEBT STATISTICS <br /> <br />General Obligation 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 />$ 190,000 <br />400,000 <br />5.710.000 <br /> <br />$ 6,300,000 <br /> <br />( 2.638.929) <br /> <br />$ 3,661,071 <br /> <br />Total General Obligation Direct Debt <br /> <br />Less debt service funds <br /> <br />Net Direct General Obligation Debt <br /> <br />Add City's share oCnet Indirect debt <br /> <br />11.155.648 <br /> <br />Net Direct and Indirect Debt <br /> <br />$14.816719 <br /> <br />Facts for Ratio Computations <br /> <br />2003/2004 Indicated Market Value (real and personal property) <br />200312004 Net Tax Capacity (real and personal property, after <br />tax increment and fiscal disparity adjustments) <br />Population (2002 Estimate) <br /> <br />$297,029,957 <br /> <br />$2,805,458 <br />3,430 <br /> <br />Debt Ratios <br /> Net Direct <br /> Net Net and <br /> Direct Direct Indirect Indirect <br /> Debt Debt Debt Debt <br />To Indicated Market Value 2.12% 1.23 % 3.76% 4.99% <br />Per Capita $1,837 $1,067 $3,252 $4,319 <br />Per Capita Adjusted 1 $1,617 $939 $2,862 $3,801 <br /> <br />I The City's tax base is 11.9~.Io commercial & industrial, which has been deducted. <br /> <br />.28. <br />
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