Orange County NC Website
Total Gross Debt (sum of 1 through 4) 273.038.582 <br />B. Deductions from Gross Debt <br />1. Funding and refunding bonds <br />authorized by orders introduced but not $27,000,000 <br />yet adopted. <br />2. Funding and refunding bonds <br />authorized but not yet issued. $6,900,000 <br />3. Amounts held in sinking funds or <br />otherwise for the payment of any part of $ <br />the principal of gross debt, other than <br />debt incurred for water, gas, electric light <br />or power purposes or sanitary sewer <br />purposes (to the. extent deductible under <br />Section 159-55(b) of the General <br />Statutes), or two or more of these <br />purposes. <br />4. Bonded debt included in gross $ <br />debt and incurred, or to be incurred, for <br />water, gas or electric light or power <br />purposes, or any two or more of such <br />purposes. <br />5. Bonded -debt included in gross $ 0 <br />debt and incurred, or to be incurred, for <br />sanitary sewer purposes (to the extent <br />deductible under Section 159-55(b) of <br />the General Statutes). <br />