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2016.07.05 CC Packet
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2016.07.05 CC Packet
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7/6/2016 2:42:57 PM
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7/1/2016 11:40:30 AM
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City Council
Document Type
Agenda/Packets
Meeting Date
7/5/2016
Meeting Type
Regular
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Schedule 13 <br />Legal Debt Margin Calculation for the Fiscal Year 2015 <br />Taxable Market Value $1,444,058,600 <br />Debt Limit (3% of market value) 43,321,758 <br />Debt applicable to limit: <br />General obligation bonds 1,435,000 <br />Less: Amount set aside for repayment <br />of general obligation debt (626,189) <br />Total net debt applicable to limit 808,811 <br />Legal debt margin $ 42,512,947 <br />2010 <br />2009 <br />2008 <br />2007 2006 <br />$ 42,332 <br />$ 43,873 <br />$ 43,092 <br />$29,411 $ 22,661 <br />2,537 <br />2,891 <br />3,263 <br />3,740 4,604 <br />$ 39,795 <br />$ 40,982 <br />$ 39,829 <br />$25,671 $ 18,057 <br />5.99% 6.59% 7.57% 12.72% 20.32% <br />W. <br />
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