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Ten of the Largest Taxpayers <br /> • 1992 Net <br /> Taxpayer Type of Business Tax Capacity <br /> State of California P.E.R.S. Industrial Real Estate $ 680,288 <br /> Everest LTD Partnership Industrial Real Estate 432,942 <br /> Sysco Food Service 288,728 <br /> Mounds View Square Corp. Shopping Center 151,332 <br /> Multi-Tech Systems Electronics 117,500 <br /> Century Mercury Motor Motor Freight Carrier 80,146 <br /> Bauer Welding & Metal Metal Fabricators 78,594 <br /> D &A Development Company Apartments 78,594 <br /> A & L Management Apartments 69,700 <br /> Total $1,977,824* <br /> * Represents 30.0%of the City's 1992 taxable net tax capacity. <br /> CITY INDEBTEDNESS <br /> Legal Debt Margin <br /> Legal Debt Limit (2% of Estimated Market Value) $7,067,076 <br /> Less: Outstanding Debt Subject to Limit 0 <br /> • Legal Debt Margin as of 4-02-93 $7,067,076 <br /> General Obligation Debt Supported by Tax Increments <br /> Principal <br /> Date Original Final Outstanding <br /> of Issue Amount Purpose Maturity As of 4-2-93 <br /> 2-1-88 $6,000,000 Taxable Tax Increment 2-1-2003 $5,725,000 <br /> 4-1-89 1,760,000 Taxable Tax Increment 2-1-2005 1,625,000 <br /> 11-1-89 1,490,000 Taxable Tax Increment 2-1-2005 1,365,000 <br /> 11-1-89 930,000 Tax Increment 2-1-2005 930,000 <br /> Total $9,645,000 <br /> General Obligation Debt Supported by Revenues <br /> Principal <br /> Date Original Final Outstanding <br /> of Issue Amount Purpose Maturity As of 4-2-93 <br /> 5-1-91 $2,875,000 Water Utility Improvements 2-1-2000 $ 610,000* <br /> 6-1-93 2,310,000 Water Revenue Refunding (this Issue) 2-1-2013 2,310,000 <br /> • Total $2,920,000 <br /> * The 2001 through 2013 maturities are being refunded with this issue. <br /> - 7- <br />