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<br /> Assessed Valuations, Tax Rates, Outstanding Debt and Authorized But Unissued Bonds of OverJapping Ta.:'i:ing
<br /> Jurisdictions
<br /> 1992/93 Outstanding Authorized
<br /> Taxable 1992/93 Tax Supported But Unissued
<br /> Assessed Tax Debt As of Debt As of
<br /> Taxing Jurisdiction Valuation Rate 3-31-93 3-31-93
<br /> Caldwell County $ 471,623,455 $0.5341 $ 4,228,000 $ -0-
<br /> Hays County 1,759,280,830 0.3563 11,270,000 -0-
<br /> San Marcos Independent School District 827,001,838 0.4800(1) 8,824,000 17,800,000<2>
<br /> Upper San Marcos Watershed Reclamation
<br /> and Rood Control District 700,788,567 0.0200 1,275,000 450,000
<br /> "
<br /> (1) Also levied is a CED tax of $0.9035. "
<br /> (2) In the process of issuing $17,800,000 in General Obligation Debt.
<br /> Source: "Texas Municipal Reports" published by the Municipal Advisory Council of Texas.
<br /> Estimated Direct and Overlapping Funded Debt Payable From Ad Valorem Taxes (As of 3-31-93)
<br /> Expenditures of the various taxing bodies within the territory of the City are paid out of ad valorem taxes levied by these taxing
<br /> bodies on properties within the City. These political taxing bodies are independent of the City and may incur borrowings to
<br /> finance their expenditures. The following statement of direct and estimated overlapping ad valorem tax bonds was developed
<br /> from infonnation contained in "Texas Municipal Reports" published by the Municipal Advisory Council of Texas. Except for
<br /> the amounts relating to the City, the City has not independently verified the accuracy or completeness of such infonnation, and
<br /> no person should rely upon such infonnation as being accurate or complete. Furthennore, certain of the entities list.::d below
<br /> may have issued additional bonds since the date stated in the table, and such entities may have programs requiring the issuance
<br /> of substantial amounts of additional bonds the amount of which cannot be determined. The following table retkcts the .::stimated
<br /> share of overlapping funded debt of these various taxing bodies.
<br /> Estima~d
<br /> Total % Overlapping
<br /> Taxing Jurisdiction Funded Debt Applicable Funded Debt
<br /> San Marcos, City of $ 25,140,00Q<\) 100.00% $ 25,140,000(1)
<br /> Caldwell County 4,228,000 0.61 % 25,791
<br /> Hays County 11,270,000 25.59% 2,883,993
<br /> San Marcos Independent School District 8,824,000 61.40% 5,417,936
<br /> Upper San Marcos Watershed Reclamation
<br /> and Rood District 1,275,000 77.30% 985.575
<br /> Total Direct and Overlapping Funded Debt $ 34,453,295
<br /> Ratio of Direct and Overlapping Funded Debt to Taxable Assessed Valuation. . . . . . . . . . . . . . . . . .. 5.59%
<br /> Per Capita Overlapping Funded Debt ........................................... $ 983.17
<br /> (I) Includes the $3,415,000 General Obligation Refunding Bonds being issu.::d simultaneously with the Bonds.
<br /> Interest and Sinking Fund Budget Projection
<br /> Estimated General Purpose Debt Service R.::quirements, Fiscal Year Ending 9-30-93 . . . . . . . . . . . . . . . $ 2,765,128
<br /> InterestandSinkingFund,9-30-92...............................,...... $ 518,459
<br /> 1992 Interest and Sinking Fund Tax Levy @ 90 % Collection. . . . . . . . . . . . . . . . . . . . .. l, 706,589
<br /> Transf.::rfrom Waterworks and Sewer System ............................... 839.273 3,064.321
<br />
<br /> Estimated Balance, 9-30-93 ................................................. $ 299,193
<br /> A - 9
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