Comprehensive Annual Financial Report 2012 - Kettering City ...
Comprehensive Annual Financial Report 2012 - Kettering City ...
Comprehensive Annual Financial Report 2012 - Kettering City ...
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<strong>Kettering</strong> <strong>City</strong> School District<br />
Ratios of General Bonded Debt Outstanding<br />
Last Ten Years<br />
Year 2003 2004 2005 2006<br />
Population (1) 64,399 64,399 64,399 64,399<br />
Assessed Value (in thousands) (2) 1,377,995 1,348,013 1,365,795 1,422,942<br />
General Bonded Debt (3)<br />
General Obligation Bonds 102,344,955 111,916,285 109,054,488 107,049,421<br />
Resources Available to Pay Principal (4) 5,233,203 2,291,869 2,243,653 2,752,772<br />
Net General Bonded Debt 97,111,752 109,624,416 106,810,835 104,296,649<br />
Ratio of Net Bonded Debt<br />
to Assessed Value 7.05% 8.13% 7.82% 7.33%<br />
Net Bonded Debt per Capita 1,508 1,702 1,659 1,620<br />
Source:<br />
(1) U.S. Bureau of Census of Population<br />
(2) Montgomery County Auditor<br />
(3) Includes all general obligation bonded debt supported by property taxes<br />
(4) Includes only Debt Service funds available for general obligation bonded debt supported by property taxes.<br />
- S 24 -
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