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Ord 1993-038
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Ord 1993-038
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Last modified
7/2/2007 4:59:00 PM
Creation date
7/2/2007 4:59:00 PM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
1993-38
Date
5/10/1993
Volume Book
110
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<br /> J 3Þl ¡;. <br /> Valuatiou, Exem~tious aud Debt Obligations <br /> 1992/93 Market Valuation Established by Hays County Appraisal District $ 659,331,690 <br /> Less Exemptions/Reductions at 100% Market Value: <br /> Residence Homestead Exemptions $ 9,712,220 <br /> Disabled Veterans Exemptions 196,500 <br /> Agricultural Land Use Reductions 6,512,450 <br /> Abatements and totally exempt properties 26.857.940 43.279.110 <br /> 1992/93 Taxable Assessed Valuation $ 616,052,580 ,-~' <br /> City Funded Debt Payable From Ad Valorem Taxes (as of3-31-93Yl): <br /> General Obligation Bonds $12,395,000 <br /> Combination Tax and Revenue Certificates of Obligation <br /> (Junior Lien Waterworks and Sewer System Revenues) 475,000 <br /> Combination Tax and Revenue Certificates of Obligation <br /> (Surplus Waterworks and Sewer System Revenues) 8,735,000 <br /> Combination Tax and Revenue Certificates of Obligation <br /> (Airport System Revenues) 120,000 <br /> The Bonds(2) 3.415.000 <br /> <br /> Funded Debt Payable From Ad Valorem Taxes $ 25,140,000 <br /> Less Self-Supporting Debt: <br /> Waterworks and Sewer System General Obligation Debt $ 6,815,000 <br /> Airport System General Obligation Debt 120.000 6.935,000 '~ <br /> <br /> General Purpose Funded Debt Payable From Ad Valorem Taxes $ 18,205,000 <br /> Interest and Sinking Fund as of (3-31-93) .. $ 1,601,459 <br /> Ratio Funded Debt to Taxable Assessed Valuation ........................................ 4.00% <br /> 1993 Estimated Population - 35,043 <br /> Per Capita Taxable Assessed Valuation - $17,459.83 <br /> Per Capita General Purpose Funded Debt - $519.50 <br /> Per Capita Funded Debt - $717.40 <br /> (1) The above statement of indebtedness does not include the following revenue bonds, as these bonds are payable solely from <br /> the net revenues of the Waterworks and Sewer or Electric System, respectively, as defined in the bond ordinance authorizing <br /> the bonds: $7,695,000 Waterworks and Sewer System Revenue Bonds and SI5,530,000 Electric System Revenue Bonds; <br /> portions of the electric system revenue bonds are currently being refunded. <br /> (2) The City is issuing $3,415,000 General Obligation Refunding Bonds, Series 1993 simultaneously with the Bonds. <br /> A - 5 <br />
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