2021 Annual Comprehensive Financial Report

Table XVI Page 2 of 2

Legal Debt Margin Calculation for Fiscal Year 2021

Assessed Value

$

29,692,728,008

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

2,375,418,241 (a)

43,785,000 276,585,000 79,116,735

Other Long Term Debt

Less: Amount Set Aside For Repayment

(8,516,496) 390,970,239 1,984,448,002

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

Legal Debt Margin

$

2016

2017

2018

2019

2020

2021

2,053,642,678 $

2,086,065,404 $

2,200,500,690 $

2,235,427,170 $

$

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

2,375,418,241 $

339,424,148

481,893,974

457,378,275

412,446,683

390,970,239

1,984,448,002 $

1,714,218,530 $

1,604,171,430 $

1,743,122,415 $

1,822,980,487 $

$

1,916,450,559

83.47%

76.90%

79.21%

81.55%

82.34%

83.54%

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