2012 Comprehensive Annual Financial Report - the City of Tukwila
2012 Comprehensive Annual Financial Report - the City of Tukwila 2012 Comprehensive Annual Financial Report - the City of Tukwila
CITY OF TUKWILA: 2012 CAFRSTATISTICAL SECTIONCITY OF TUKWILA, WASHINGTONSCHEDULE 15LEGAL DEBT MARGIN INFORMATIONLAST TEN FISCAL YEARSPage 1 of 22003 2004 2005 2006Debt Limit $ 253,806,804 $ 258,084,264 $ 270,791,907 $ 296,095,014Total net debt applicable to limit 26,358,988 24,866,638 23,407,761 24,494,996Legal debt margin $ 227,447,816 $ 233,217,626 $ 247,384,146 $ 271,600,018Total net debt applicable to the limitas a percentage of debt limit 10.39% 9.64% 8.64% 8.27%Assessed Value as of December 31, 2012 $ 4,649,191,308Debt Limit (7.5% of assessed value) 348,689,348Debt applicable to limit:General obligation bonds 25,752,600Other long-term debt 3,144,41328,897,013Less: Amount set aside for repayment ofgeneral obligation debt and contracts payable 51,784Total net debt applicable to limit 28,948,797Legal debt margin $ 319,740,551Source:Tukw ila Finance Department158
CITY OF TUKWILA: 2012 CAFRSTATISTICAL SECTIONPage 2 of 22007 2008 2009 2010 2011 2012$ 333,768,277 $ 388,178,248 $ 373,048,810 $ 360,711,509 $ 356,445,452 $ 348,689,34823,188,240 21,881,765 28,291,920 32,919,123 29,703,995 28,948,797$ 310,580,037 $ 366,296,483 $ 344,756,890 $ 327,792,386 $ 326,741,457 $ 319,740,5516.95% 5.64% 7.58% 9.13% 8.33% 8.30%159
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CITY OF TUKWILA: <strong>2012</strong> CAFRSTATISTICAL SECTIONCITY OF TUKWILA, WASHINGTONSCHEDULE 15LEGAL DEBT MARGIN INFORMATIONLAST TEN FISCAL YEARSPage 1 <strong>of</strong> 22003 2004 2005 2006Debt Limit $ 253,806,804 $ 258,084,264 $ 270,791,907 $ 296,095,014Total net debt applicable to limit 26,358,988 24,866,638 23,407,761 24,494,996Legal debt margin $ 227,447,816 $ 233,217,626 $ 247,384,146 $ 271,600,018Total net debt applicable to <strong>the</strong> limitas a percentage <strong>of</strong> debt limit 10.39% 9.64% 8.64% 8.27%Assessed Value as <strong>of</strong> December 31, <strong>2012</strong> $ 4,649,191,308Debt Limit (7.5% <strong>of</strong> assessed value) 348,689,348Debt applicable to limit:General obligation bonds 25,752,600O<strong>the</strong>r long-term debt 3,144,41328,897,013Less: Amount set aside for repayment <strong>of</strong>general obligation debt and contracts payable 51,784Total net debt applicable to limit 28,948,797Legal debt margin $ 319,740,551Source:Tukw ila Finance Department158
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