|
Attachment B 10
<br />APPROVED - County Debt Service and Debt Capacity (General Fund Only)
<br />Fiscal Years 2013 -18
<br />W1111
<br />Current
<br />Fiscal Year
<br />Fiscal Year Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Debt Service
<br />2012 -13
<br />2013 -14 2014 -15
<br />2015 -16
<br />2016 -17
<br />2017 -18
<br />Total Annual Debt Service
<br />24,887,879
<br />25,609,786 25,412,505
<br />24,186,472
<br />23,152,009
<br />22,091,295
<br />General Fund Budget
<br />180,002,776
<br />Annual Growth Projections
<br />1.50% 1.50%
<br />1.50%
<br />1.50%
<br />2.00%
<br />Projected General Fund Budget
<br />187,733,499 190,549,501
<br />193,407,744
<br />196,308,860
<br />200,235,037
<br />Annual Debt Service as a % of General Fund
<br />13.83%
<br />13.64% 13.34%
<br />12.51%
<br />11.79%
<br />11.03%
<br />Debt Service Policy
<br />15.00%
<br />15.00% 15.00%
<br />15.00%
<br />15.00%
<br />15.00%
<br />Future Debt Service Capacity
<br />1.17%
<br />1.36% 1.66%
<br />2.49%
<br />3.21%
<br />3.97%
<br />Projected Debt Financing
<br />2013 -2014 - $7,679,750
<br />County Capital $3,751,000
<br />360,096
<br />360,096
<br />360,096
<br />360,096
<br />Culbreth MS Science Addition (CHCCS) $600,000
<br />57,600
<br />57,600
<br />57,600
<br />57,600
<br />CRHS (OCS) Auxilliary Gym $3,328,750
<br />319,560
<br />319,560
<br />319,560
<br />319,560
<br />2014 -2015 - $9,276,042
<br />County Capital $5,422,000*
<br />520,512
<br />520,512
<br />520,512
<br />Culbreth MS Science Addition (CHCCS) $3,854,042
<br />369,988
<br />369,988
<br />369,988
<br />2015 -2016 - $23,100,663
<br />County Capital $10,300,069
<br />988,807
<br />988,807
<br />CRHS (OCS) Classroom Wing $12,282,960
<br />1,179,164
<br />1,179,164
<br />Culbreth MS Science Addition (CHCCS) $517,634
<br />49,693
<br />49,693
<br />2016 -2017 - $9,707,474
<br />County Capital $8,539,000
<br />819,744
<br />Middle School #5 (CHCCS) $1,168,474
<br />112,174
<br />W1111
<br />
|