Page 307 - FY 2024-25 ADOPTED BUDGET
P. 307
DEBT SERVICE FUND
TEN YEAR SUMMARY- RATIO OF DEBT TO ASSESSED VALUATIONS
AND DEBT PER CAPITA
FY 2015-16 TO 2024-25
Debt Ratio of
Net Service Net Debt
Fiscal Estimated Assessed Gross Funds Net To Assessed Net Debt
Year Population Value Debt Available Debt Value Per Capita
2015-16 22,000 $ 1,859,779,611 $ 6,945,000 $ 100,158 $ 6,844,842 0.37% 311.13
2016-17 22,260 1,998,245,298 6,714,075 66,167 6,647,908 0.33% 298.65
2017-18 22,629 2,188,261,077 5,763,061 88,925 5,674,136 0.26% 250.75
2018-19 22,760 2,377,391,093 4,515,000 329,447 4,185,553 0.18% 183.90
2019-20 23,335 2,527,560,856 3,645,000 345,018 3,299,982 0.13% 141.42
2020-21 23,347 2,656,003,882 2,750,000 453,430 2,296,570 0.09% 98.37
2021-22 24,520 2,806,014,473 22,900,000 456,758 22,443,242 0.80% 915.30
2022-23 25,240 3,188,564,954 21,680,000 462,581 21,217,419 0.67% 840.63
2023-24 25,416 3,649,145,182 21,435,000 458,901 20,976,099 0.57% 825.31
2024-25 25,594 3,870,073,272 20,764,000 429,116 20,334,884 0.53% 794.52
208
