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SUMMARY OF DEBT AND DEBT STATISTICS <br /> General Obligation Debt <br /> Bonds secured primarily by water revenues $ 345,000 <br /> Bonds secured primarily by special assessments (includes this issue) 1,620,000 <br /> Bonds secured primarily by sewer and water revenues 660,000 <br /> Total General Obligation Direct Debt $ 2,625,000 <br /> Add Debt Service Funds 921,279 <br /> Net Direct General Obligation Debt $ 3,546,279 <br /> Add City's share of net overlapping debt 6,884,071 <br /> Total Net Direct and Net Overlapping Debt $ 10,430,350 <br /> Special Obligation Debt <br /> Lease Purchase Agreement of 1992 $ 182,441 <br /> Facts for Ratio Computations <br /> 1999/2000 Indicated Market Value (real and personal property) $142,734,031 <br /> 1999/2000 Net Tax Capacity (real and personal property, after <br /> tax increment adjustment) $1,996,117 <br /> 2000 Estimated Population 3,000 <br /> Debt Ratios <br /> Net Direct <br /> Net Net and Net <br /> Direct Direct Overlapping Overlapping <br /> Debt Debt Debt Debt <br /> To Indicated Market Value 1.84% 2.48% 4.82% 7.30% <br /> Per Capita $875 $1,182 $2,295 $3,477 <br /> Per Capita Adjusted' $746 $1,007 $1,956 $2,963 <br /> I The City's tax base is 14.78% commercial & industrial, which has been deducted. <br /> —33— <br />