2023 Annual Comprehensive Report

Table XIV

Ratio of General Obligation Bonded Debt To Assessed Value and Net General Obligation Debt Per Capita Fiscal Years Ended June 30, 2014-2023

Debt Outstanding General Bonded

Actual Assessed

Ratio of

Fiscal Year Ended

General Obligation

Bonded Debt To

Bonded Debt Per

Bonds/Notes

Value

Assessed Valuation

Debt (d)

of Property (a)

Population(b)

Capita

2014

$ 171,399,682

$25,423,086,180

0.6%

279,639

$

587

2015

168,839,802

25,272,730,744

0.6

282,558

563

2016

173,007,017

25,670,533,471

0.6

285,344

563

2017

198,400,449

26,075,817,552

0.7

287,019

631

2018

214,067,836

27,506,258,623

0.7

290,201

655

2019

302,656,417

27,942,839,631

1.0

294,722

940

2020

328,280,441

29,095,112,529

1.1

296,725

1,050

2021

301,255,487

29,692,728,008

1.0

297,878

991

2022

273,171,634

29,750,834,729

0.9

298,250

912

2023

331,703,692

38,559,625,844

0.9

301,118

1,102

(a) Assessed valuation represents one hundred percent (100%) of estimated market value.

(b) Population based on U.S. Census Bureau.

(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, 2010, there was no remaining general obligation debt outstanding for the Water Resources Enterprise Fund.

(d) Reported net of related premiums, discounts and adjustments.

Note: Details regarding the City's Outstanding Debt can be found in the Notes to the Financial Statements, pgs. 40y-40ff.

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