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05-28-13 Council Packet
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05-28-13 Council Packet
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2/28/2014 3:41:24 PM
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City Council
Council Document Type
Council Packet
Meeting Date
05/28/2013
Council Meeting Type
Regular
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<br />107 <br />Table 11 <br />Legal Debt Margin Calculation for Fiscal Year 2012 <br />Market value1,640,455,854 $ <br />Debt limit (3% of market value)49,213,676 <br />Debt applicable to limit4,591,000 <br />Legal debt margin44,622,676 $ <br />200720082009201020112012 <br />38,556,150 $ 60,658,830 $ 64,036,746 $ 60,622,086 $ 54,123,645 $ 49,213,676 $ <br />4,039,000 3,804,000 3,642,000 3,386,000 2,961,000 4,591,000 <br />34,517,150 $ 56,854,830 $ 60,394,746 $ 57,236,086 $ 51,162,645 $ 44,622,676 $ <br />10.48%6.27%5.69%5.59%5.47%9.33% <br />Fiscal Year <br />
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