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<br /> emergency management. Volunteer rescue squads work jointly with the County to provide a significant
<br /> amount of such services.
<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$1.8 billion as of June 30,2024.
<br /> Outstanding General Obligation Debt
<br /> General Obligation Bonds June 30, 2021 June 30, 2022 June 30,2023 June 30,2024
<br /> School Bonds $109,450,000 $120,435,000 $114,255,000 $107,345,000
<br /> Refunding Bonds 14,550,000 7,815,000 2,560,000 --
<br /> Other Bonds -- -- -- --
<br /> Total Outstanding Debt $124,000,000 $128,250,000 $116,815,000 $107,345,000
<br /> General Obligation Debt Ratios
<br /> Total GO Debt Total GO
<br /> Total Outstanding Assessed To Assessed Debt
<br /> June 30, GO Debt Valuation Valuation Population' Per Capita
<br /> 2020 $131,000,000 $18,956,491,582 0.69% 148,695 $881.00
<br /> 2021 124,000,000 19,449,954,413 0.64 148,629 834.29
<br /> 2022 128,250,000 21,944,533,529 0.58 149,096 860.18
<br /> 2023 116,815,000 22,421,502,597 0.52 150,913 774.06
<br /> 2024 107,345,000 23,019,330,145 0.47 150,9132 711.30
<br /> 'Estimate of North Carolina Office of State Budget and Management.
<br /> 2 2023 population estimate.
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