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Comparative Ratios of Bonded Debt
<br />The following table shows the comparative ratios ofnet bonded debt to taxable assessed valuations
<br />and net per capita bonded indebtedness for the last 10 fiscal years.
<br />Ratio of Net General Bonded Debt to Taxable Value and
<br />Net Bonded Debt Per Capita
<br />Ratio of Net Net
<br />Bonded , Bonded
<br />Gross Debt Debt to Debt Per
<br />Fiscal General Service Net (2) Assessed Capita
<br />Year Obligation Monies Bonded (1) Taxable Value
<br />Ended Bonded Debt Available Debt Population Value
<br />1993 $ 1,335,000 $ 703,750 $ 631,250 95,641 $5,160,114,845 0.0001 $ 6.60
<br />1994 0 0 0 97,415 5,406,245,871 0.0000 0.00
<br />1995 15,000,000 0 15,000,000 100,261 5,464,325,993 0.0027 149.61
<br />1996 14,280,000 368,731 13,911,269 102,211 5,718,915,081 0.0024 136.10
<br />1997 13,535,000 661,037 12,873,963 104,605 5,940,864,817 0.0022 123.07
<br />1998 12,755,000 885,904 11,869,096 106,675 6,159,944,874 0.0019 111.26
<br />1999 11,945,000 1,072,959 10,872,041 109,579 6,420,215,433 0.0017 99.22
<br />2000 11,100,000 1,357,461 9,742,539 112,947 6,995,948,262 0.0014 86.25
<br />2001 10,215,000 1,609,998 8,605,002 115,716 7,440,896,735 0.0012 74.36
<br />2002 19,810,000 1,085,999 18,724,001 118,149 8,541,205,140 0.0022 158.48
<br />Source: (I) U.S. Census and Bureau of Business and Economic Research, University of Florida
<br />(2) Indian River County Property Appraiser
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