2022 Annual Comprehensive Financial Report

Table XVI Page 2 of 2

Legal Debt Margin Calculation for Fiscal Year 2022

Assessed Value

29,750,834,729 $

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

2,380,066,778 (a)

43,785,000 252,595,000 88,435,130

Other Long Term Debt

Less: Amount Set Aside For Repayment

(5,588,819) 379,226,311 2,000,840,467

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

Legal Debt Margin

$

2017

2018

2019

2020

2021

2022

2,086,065,404 $

2,200,500,690 $

2,235,427,170 $

2,327,609,002 $

$

2,375,418,241 390,970,239

2,000,840,467 $

481,893,974

457,378,275

412,446,683

411,158,443

379,226,311

1,621,614,156 $

1,604,171,430 $

1,743,122,415 $

1,822,980,487 $

1,916,450,559 $

$

1,984,448,002

76.90%

79.21%

81.55%

82.34%

83.54%

81.05%

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