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DEBT RATIOS <br />Debt/ <br />Current <br />Debt/Economic <br />Population <br />Market Value <br />Estimate <br />G.O. Debt <br />($110,431,535) <br />(463) <br />Direct G.O. Debt Being Paid From: <br />Taxes <br />$ 655,000 <br />Special Assessments & Taxes* <br />665,000 <br />Total General Obligation Debt (includes the Bonds)* <br />$1,320,000 <br />1.20% <br />$2,850.97 <br />City's Share of Total Overlapping Debt <br />1,529,681 <br />1.39% <br />$3,303.85 <br />Total* $2,849,681 2.58% $6,154.82 <br />*Preliminary, subject to change. <br />DEBT PAYMENT HISTORY <br />The City has no record of default in the payment of principal and interest on its debt. <br />FUTURE FINANCING <br />The City has no current plans for additional financing in the next 12 months. <br />16 <br />