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(276,840)(136,909)458,350(619,761)(961,919)(552,614)(395,162)(76,235)(354,949)(290,445)
<br />I-12
<br />Debt limit (3% of real market value)597,888,760677,852,463703,446,899676,822,772638,697,283636,255,188613,500,151622,178,144674,668,382703,282,250
<br />201619,929,625,31722,595,082,10523,448,229,95622,560,759,06921,289,909,44421,208,506,25220,450,005,02120,739,271,45822,488,946,07823,442,741,66039,660,00040,130,00040,176,20035,389,41432,844,16428,91
<br />0,00025,820,00023,245,00018,990,30015,625,00039,383,16039,993,09140,634,55034,769,65331,882,24528,357,38625,424,83823,168,76518,635,35115,334,555558,505,600637,859,372662,812,349642,053,119606,815,03
<br />8607,897,802588,075,313599,009,379656,033,031687,947,695
<br />2%
<br />2015
<br />3%
<br />2014
<br />4%
<br />c) In FY09, the General Obligation Debt Service Fund had a deficit balance due to borrowing $485,000 from a short term revolving credit facility for transportation capital projects.
<br />
<br />a) Oregon Revised Statutes 287A.050 provides a debt limit on general obligation bonds of 3% of the real market value of all taxable property within the City's boundaries.
<br />2013
<br />4%
<br />2012
<br />4%
<br />Fiscal Year
<br />2011
<br />5%
<br />b) The legal debt margin is the difference between the debt limit and the City's net outstanding general obligation debt.
<br />2010
<br />5%
<br />Legal Debt Margin - General Obligation Bonded Debt
<br />2009
<br />6%
<br />2008
<br />6%
<br />2007
<br />7%
<br />Lane County Department of Assessment and Taxation
<br />Last ten fiscal years - unaudited
<br />Total debt applicable to the limit
<br />Less: Amount reserved for
<br />City of Eugene Finance Division
<br />as a percentage of debt limit
<br />City of Eugene, Oregon
<br />General Obligation Bonds
<br />Total debt applicable to limit
<br />repayment of general
<br />(amounts in dollars)
<br />Debt applicable to limit:
<br />obligation debt
<br />Legal debt margin:
<br />Real market value
<br />Legal debt margin
<br />Data source
<br />Notes
<br />147
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