Table XIII
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Ratio of Net General Obligation Bonded Debt
To Assessed Value and Net General Obligation Debt Per Capita
Fiscal Years Ended June 30, 2007-2016
Less Amount
Less Debt
Total
Fiscal
General Obligation
Available in
Payable from
Net
Year
Bonds/Notes
Debt Service
Water Resources
Bonded
Ended
Debt (d)
Fund
and Other Revenues(c)
Debt
2007
165,975,000
$
12,630,628
$
5,408,571
$
147,935,801
$
2008
195,595,000
16,973,266
4,387,293
174,234,441
2009
178,545,000
14,772,277
3,921,921
159,850,802
2010
170,955,000
10,727,344
3,556,345
156,671,311
2011
188,895,000
7,875,788
3,262,940
177,756,272
2012
183,699,738
7,237,496
3,142,172
173,320,070
2013
173,760,300
4,666,951
2,807,485
166,285,864
2014
171,399,682
4,902,876
2,462,193
164,034,613
2015
168,839,802
7,779,124
2,099,932
158,960,746
2016
173,007,017
10,694,605
1,719,996
160,592,416
(a) Assessed valuation represents one hundred percent (100%) of estimated market value.
(b) Population 2006-09 figures are based on the City Planning Department's estimates at end of fiscal year. Starting in FY 2009-10,
population based on Office of State's Budget and Management estimates.
(c) Includes payments from the City's Technical Service Fund, an Internal Service Fund, relating to the 800 MHZ system purchased
with G.O. Bonds in 1998. Internal Service Funds are included with the governmental activities in the Statement of Net Position.
As of June 30, 2011, there was no remaining general obligation debt outstanding for the Water Resources Enterprise Fund.
(d) Reported at par value outstanding prior to 2012 and net of related premiums, discounts and adjustments, thereafter.
Note: Details regarding the City's Outstanding Debt can be found in the Notes to the Financial Statements, pgs. 38y-38hh.
Debt Outstanding
General Bonded
-189-