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pEBT SITUATION: <br /> A significant measure- of local o9 bondsenNorthorCaroli a law tslim needs <br /> s municipal <br /> capacity to do so. is its use supporting <br /> borrowing to eight percent vernment Commission u may limit u borrowing l to ap Lesser <br /> utilities.. The Local <br /> amount. <br /> As shown below, only Cary has a 1984 debt in excess of two percent of its <br /> taxable valuation and only Morrisville has proposed bonds exceeding two percent <br /> of its projected 1992 valuation. <br /> Figure I-5 <br /> Ratio in percent <br /> Ratio in Percent Proposed bondt»1992 valuation <br /> 1984 debt:valuation <br /> w.rsr couur <br /> Carr <br /> rl,yv.,.v.rw <br /> Gam <br /> raur Sarvp/ <br /> Klr.�ntoala <br /> Irotrin111r <br /> RVrpll <br /> Ra1M•IW <br /> wrw.ranr.t <br /> W�naHl <br /> 2WIto^ <br /> catru'o <br /> 0"Wl rau <br /> 2 3 . <br /> wll.00rwp+ 0 1s 3 0 l Percent <br /> Percent <br /> Table 1-3 <br /> Rat to Sonde <br /> 1984 Ratio debt Proposed to 1991. <br /> Taaeble votwtloq Sondad to 1984 va►uatton <br /> valuation goods <br /> petit .».._.. r0.?a^_-�• .--- <br /> 19ea 1992 ...._._..._. <br /> 19.0 0.15 »_ <br /> wage County 12.800. 10.200• 1.78 1.5 0.7 <br /> 25q. 10.0 <br /> Apex 876. 1.300. 18.17 2.1 1.0 0.5 <br /> 2.4 <br /> 1.5 <br /> Cary 161.Spa. Sa5. 3.1 1.0 0.6 145 <br /> Garner 28. 40. 1.8 ... <br /> Molly Springy 65. 0.5 Z. 3.2 <br /> Knigntdafe 26. 0.77 0.7 0.5 <br /> 1.5 39.5 <br /> Morrisville 2S 200. 86.1 --� <br /> Raleigh 5.640• 8,104. 0.1 1.0 0.7 <br /> 10. 13_ 1.6 1.3 1.1 <br /> Rolesville 175. 1.4 a 9 <br /> ware Forest 85. 0.26 0.41 ...- <br /> wendefl 6Z 0.48 01 <br /> Zettulon 75. 150. 07.0 a)5 1.2 00.4 <br /> 3.000. 1.0 l.5 0.7 <br /> orange County 2+�: 349. 7.76 0.35 8.65 <br /> GapelrHifl <br /> 832. <br /> 71. 1.1 a 12 0.18 --- ._.. <br /> Hillsborougn <br /> ill <br /> In millions <br /> All dollar figures are <br /> I.8 <br /> III <br />