resolution
Resolutions-2018-005
Page 32 of 83
Text read by the vision model; check the PDF for anything that matters.Direct Debt
Bonds secured primarily by tax levies $ 9,040,000
Bonds secured primarily by annual appropriations (Includes This Issue) 4,860,000
Total Direct Debt 13,900,000
Add taxpayers’ share of indirect debt 11,063,769
Direct and Indirect Debt $ 24,963,769
Revenue/Lease Debt
$521,315 Sewer Revenue Bond, Series 1999C $ 73,000
$340,000 Water Revenue Bond, Series 2003B $ 124,000
Facts for Ratio Computations
2018/2019 100% Actual Value¹ $312,187,873
2018/2019 Taxable Value with Rollback¹ 183,937,029
Population (2017 Estimate) 3,150
Debt Ratios
<table>
<tr>
<th></th>
<th>Direct Debt</th>
<th>Indirect Debt</th>
<th>Direct and Indirect Debt</th>
</tr>
<tr>
<td>To Actual Value</td>
<td>4.45%</td>
<td>3.54%</td>
<td>7.99%</td>
</tr>
<tr>
<td>To Taxable Value</td>
<td>7.76%</td>
<td>6.01%</td>
<td>13.77%</td>
</tr>
<tr>
<td>Per Capita</td>
<td>$4,412</td>
<td>$3,512</td>
<td>$7,924</td>
</tr>
</table>
¹ After tax increment and military exemption adjustments.
Sources
- laserfiche: Resolutions-2018-005 (Resolutions-2018-005.pdf) — where it was found ↗ first seen Oct 12, 2026
Data last updated October 17, 2026. Built from the archive's documents; see how the data is built.