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86 <br /> DEBT INFORMATION <br /> Legal Debt Limit <br /> In accordance with the provisions of the State Constitution and The Local Government Bond Act, <br /> as amended, the County had the statutory capacity to incur additional net debt in an approximate amount <br /> of$1.2 billion as of June 30,2019. <br /> Outstanding General Obligation Debt <br /> General Obligation Bonds June 30,2016 June 30, 2017 June 30, 2018 June 30,2019 <br /> School Bonds - - $26,900,000 $90,800,000 <br /> Refunding Bonds $59,280,000 $50,430,000 41,785,000 33,410,000 <br /> Sanitary Sewer Bonds - - - - <br /> Other Bonds - - 2,500,000 1,530,000 <br /> Total Outstanding Debt $59,280,000 $50,430,000 $71,185,000 $125,740,000 <br /> 32 <br />