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Attachment D
<br />County Debt Service and Debt Capacity (General Fund Only) - Revised Scenario for 5/15/14 meeting
<br />Fiscal Years 2014 -19
<br />15
<br />Current
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Fiscal Year
<br />Debt Service
<br />2013 -14
<br />2014 -15
<br />2015 -16
<br />2016 -17
<br />2017 -18
<br />2018 -19
<br />Total Annual Debt Service
<br />25,609,786
<br />24,130,718
<br />22,873,042
<br />21,757,731
<br />22,348,509
<br />21,597,223
<br />General Fund Budget
<br />Annual Growth Projections
<br />1.50%
<br />1.50%
<br />1.50%
<br />1.50%
<br />200%
<br />2.00°%
<br />Projected General Fund Budget
<br />187,733,499
<br />190,549,501
<br />193,407,744
<br />196,308,860
<br />200,235,037
<br />204,239,738
<br />Annual Debt Service as a % of General Fund
<br />13.64%
<br />12.66%
<br />11.83%
<br />11.08%
<br />11.16%
<br />10.57%
<br />Debt Service Policy
<br />15.00%
<br />15.00%
<br />1500%
<br />15.00%
<br />15,00%
<br />15.00%
<br />Future Debt Service Capacity
<br />1.36%
<br />2.341/6
<br />3.17%
<br />3.9211.
<br />3.841
<br />4.43%
<br />Projected Debt Financing
<br />2013 -2014 - $12,051,426
<br />County Capital $3,751,000
<br />360,096
<br />360,096
<br />360,096
<br />360,096
<br />360,096
<br />Culbreth MS Science Addition (CHCCS) $4,971,676
<br />477,281
<br />477,281
<br />477,281
<br />477,281
<br />477,281
<br />CRHS (OCS) Auxilliary Gym $3,328,750
<br />319,560
<br />319,560
<br />319,560
<br />319,560
<br />319,560
<br />2014 -2015 - $3,572,000
<br />County Capital $3,572,000
<br />342,912
<br />342,912
<br />342,912
<br />342,912
<br />2015 -2016 - $9,105,069
<br />County Capital $9,105,069
<br />874,087
<br />874,087
<br />874,087
<br />2016 -2017 - $17,544,000
<br />County Capital $17,544,000
<br />1,684,224
<br />1,684,224
<br />2017 -2018 - $38,040,892
<br />County Capital $36,678,600
<br />3,521,146
<br />Middle School #5 (CHCCS) $1,362,292
<br />130,780
<br />15
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