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2020 2021 2022 2023 2024 2025
<br /> $ 38,069,001 $ 40,781,178 $ 43,121,082 $ 48,091,548 $ 50,043,693 $ 51,096,801
<br /> 5,383,426 5,397,075 5,002,806 4,606,267 4,234,070 3,853,612
<br /> $ 32,685,575 $ 35,384,103 $ 38,118,276 $ 43,485,281 $ 45,809,623 $ 47,243,189
<br /> 14.14% 13.23% 11.60% 9.58% 8.46% 7.54%
<br /> Legal Debt Margin Calculation for Fiscal Year 2025
<br /> Estimated market value $ 1,703,226,700
<br /> Debt limit(3%of estimated market value) 51,096,801
<br /> Debt applicable to limit:
<br /> City debt 4,270,000
<br /> Less cash set aside for repayment of
<br /> general obligation debt (416,388)
<br /> Total net debt applicable to limit 3,853,612
<br /> Legal debt margin $ 47,243,189
<br /> -111-
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