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06/06/2011 Council Packet
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06/06/2011 Council Packet
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2/13/2014 12:40:21 PM
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1/29/2014 11:03:11 AM
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City Council
Council Document Type
Council Packet
Meeting Date
06/06/2011
Council Meeting Type
Work Session Regular
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1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />Table 11 <br />Legal Debt Margin Calculation for Fiscal Year 2010 <br />Market value $ 2,001,889,600 <br />Debt limit (3% of market value) 60,056,688 <br />Debt applicable to limit 3,386,000 <br />Legal debt margin $ 56,670,688 <br />Fiscal Year <br />2005 2006 2007 2008 2009 2010 <br />$ 30,698,674 $ 34,686,356 $ 38,556,150 $ 60,658,830 $ 64,036,746 $ 60,056,688 <br />4,845,000 4,332,000 4,039,000 3,804,000 3,642,000 3,386,000 <br />$ 25,853,674 $ 30,354,356 $ 34,517,150 $ 56,854,830 $ 60,394,746 $ 56,670,688 <br />15.78% 12.49% 10.48% 6.27% 5.69% 5.64% <br />105 <br />
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