|
108
<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$1.55 billion as of June 30,2025.
<br /> Outstanding General Obligation Debt
<br /> General Obligation Bonds June 30,2022 June 30, 2023 June 30,2024 June 30,2025
<br /> School Bonds $120,435,000 $114,255,000 $107,345,000 $100,435,000
<br /> Refunding Bonds 7,815,000 2,560,000 -- --
<br /> Other Bonds -- -- -- --
<br /> Total Outstanding Debt $128,250,000 $116,815,000 $107,345,000 $100,435,000
<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 /> 2021 124,000,000 19,449,954,413 0.64 148,696 833.92
<br /> 2022 128,250,000 21,944,533,529 0.58 149,013 860.66
<br /> 2023 116,815,000 22,807,295,838 0.51 150,477 776.30
<br /> 2024 107,345,000 23,019,330,145 0.47 150,626 712.65
<br /> 2025 100,435,000 23,316,128,561 0.43 150,913 665.52
<br /> 1 Estimate of North Carolina Office of State Budget and Management.
<br /> 35
<br />
|