2020 Comprehensive Annual Financial Report

Table XV I Page 2 of 2

Legal Debt Margin Calculation for Fiscal Year 2020

Assessed Value

$ 29,095,112,529

Debt Limit (8 % of assessed value) Debt Applicable to Limit: Bonds Authorized and Unissued

2,327,609,002 (a)

43,785,000 303,680,000 82,574,250

General Obligation Bonds Other Long Term Debt

Less: Amount Set Aside For Repayment

of General Obligation and Other Debt Total Net Debt Applicable to Limit

(18,880,807) 411,158,443 1,916,450,559

Legal Debt Margin

$

2015

2016

2017

2018

2019

2020

$

2,021,818,460 371,141,667

$

2,053,642,678 339,424,148

$

2,086,065,404 481,893,974

$

2,200,500,690 457,378,275

$

2,235,427,170 412,446,683

$

2,327,609,002 411,158,443

$

$

1,650,676,793

$

1,714,218,530

$

1,604,171,430

$

1,743,122,415

$

1,822,980,487

1,916,450,559

81.64%

83.47%

76.90%

79.21%

81.55%

82.34%

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