2009 Comprehensive Annual Financial Report - Apex Park and ...

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APEX PARK AND RECREATION DISTRICT
o.btllmit
.... :100,
COMPUTATlON OF LEGAL DEBT MARGIN,
Lut Ten FlKel Years
>001 '00' :100' • 007 .... :zoo •
$ :581,835,695 S 388,346,615 $ -4aa,235,~8 S 525,081,950 $517,343,5110 $ 552,481,815 1512,828,230 S 583,525,&40 S 833,7B8,195 I 658,-401,605
23,610,000 22,680,000 21,715,000 20,710,000 11,BSO,OOO 11,565,000 17."25,000 18,235,000 18,235,000 13,-450,000
Lagel debt .".rgl"
Total net debt .ptkable 111 the limit
.. II pen:entage 0' debt llmlt
S 385,225.695 S 363,868,815 S -466,520,146 $ 504,351 ,980 S.a7,1Il.990 .. 533,122,115 S565,203,23O .. 5n,29O,IM0 $ 618,h6,71S $ 85I1,.oe.805
6.07% 5,87% • "5"" 3.9-4% 3.110% 3,36% 299% 2.7.'" 2.58'" 2.Q.4%
Lllllel Debt Margin CllwLetSon fur FI.~I V.lr 1008
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A'HINd value
Add back: exempli real property
Tota a:iMased value
Debt jrTit (SO% i11ot1ll ...... Ied velue)
Debt applicable 10 limit
Genenll Dbhgll\l::ln bond,
Lall: Amounl HI eiNda tOf repayment af
genenll abiga\ion dftll
Tau. net dl!tbt 1pp&c8tM to ImIl
Legal debt margin
$1,271,7.0.5180
31,076,230
Sl,31«1,117.21 0
851,.08,605
13,"85.000
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