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150 / 171

$

20,004,876 $

22,560,818 $

30,864,883 $

30,864,883 $

34,454,323 $

36,086,483

(10,820,000)

(11,705,000)

(10,750,000)

(22,050,000)

(19,635,000)

(18,230,000)

$

9,184,876 $

10,855,818 $

20,114,883 $

8,814,883 $

14,819,323 $

17,856,483

2005

2010

2009

2006

2007

Fiscal Year

2008

54.09%

51.88%

34.83%

71.44%

56.99%

50.52%

$

447,674,000

3,407,035

$

451,081,035

Legal Debt Margin Calculation: Assessed Value of Taxable Property Exempt Merchants Inventory (1987 Valuation) Adjusted Assessed Value of Taxable Property

Debt Limit (8.0% of Adjusted Assessed Value)

$

36,086,483

Debt Applicable to Limit: General Obligation Bonds Bonds Issued Under Referendum

(45,780,000) 27,550,000

Legal Debt Margin

$

17,856,483

  • -

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