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<br />Estimated Direct aDd OYerlappin& Funded Debt Payable From Ad Valorem Taxes (As 013-31-92) <br /> <br />Expcnditurca of the various taxing bodies within the territory of the City arc paid out of ad valorem taxea levied by these taxing <br />bodiea on propertiea within the City. These political taxing bodica are independent of the City and may incur borrowings to <br />finance their expenditurca. The following statement of direct and estimated overlapping ad valorem tax bonds wu developed <br />from information contained in "Texas Municipal Reportl" published by the Municipal Advisory Council of Texas. Except for <br />the amounta relating to the City, the City hu not independently verified the accuracy or completeness of such information, and <br />no person should rcly upon such information u being accurate or complete. Furthermore, certain of the entitiea listed 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 amounta of additional bonds the amount of which cannot be determined. The following table reflects the eatimated <br />share of overlapping funded debt of these VariOUl taxing bodiea. <br /> <br />Taxin21urisdiction <br />San Marcos, City of <br />Caldwell County <br />Hays County <br />San Marcos Independent School District <br />Upper San Marcos Watershed Reclamation <br />and Flood District <br /> <br />Estimated <br />Total " <br />Funded Debt Aoolicable <br />$ 20,765,000(1) 100.00% <br />4,289,000 0.32% <br />11,985,000 23.65" <br />9,659,%5 59.34" <br /> <br />Overlapping <br />Funded Debt <br />$ 20,765,000(1) <br />13,724 <br />2,834,453 <br />5,732,223 <br /> <br />1,350,000 <br /> <br />75.44" <br /> <br />1.018.440 <br /> <br />Total Direct and Overlapping Funded Debt <br /> <br />$ 30,363 ,840 <br /> <br />Ratio of Direct and Overlapping Funded Debt to Taxable Assessed Valuation . . . . . . . . . . . . . . . . . . . . . . ., 5.01" <br /> <br />Per Capita Overlapping Funded Debt <br /> <br />$883.80 <br /> <br />(1) Includes the Bonds. <br /> <br />Interest and SinkiD& FWld Budget Projection <br /> <br />Estimated General Purpose Debt Service Requirements, Fiscal Year Ending 9-30-92 . . . . . . . . . . . . . . . . . . $1,270,614(1) <br /> <br />Interest and Sinking Fund, 9-30-91 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. $859,607 <br />1991 Interest and Sinking Fund Tax Levy @ 90% Collection. . . . . . . . . . . . . . . . . . . . . . 893,445 <br /> <br />1.753.052 <br /> <br />Estimated Balance, 9-30-92 .................................................... $ 482,438 <br /> <br />(1) Excludes Waterworb and Sewer System self-supported combination tax and revenuc debt. <br /> <br />Computation or SeIC-Supporting Debt <br /> <br />Net Revenue from the Waterworks System, F'JSCal Year Ended 9-30-91 ........................ <br />Leas: Revenue Bond Requirements, 1992 F1ICal Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <br /> <br />$2,066,463 <br />775.650 <br /> <br />$1,290,813 <br /> <br />Balance Available for 0I:hc:I' Purpose . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <br /> <br />System General Obligation Bond Requirements, 1992 F1ICal Year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 780,413 <br /> <br />Balance ................................................................ $ 510,400 <br /> <br />Percentage of System General Obligation Bonds Self-Supporting . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 100.00% <br /> <br />14 <br />