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At the end of fiscal year 2015, the County 2015 2014
<br /> had $59.1 million in outstanding long-term General Obligation Debt
<br /> debt. Of this amount, $23.6 million is debt Limited General Oblig. Bonds, Series 2006 $3.5 $26.6
<br /> backed by the full faith and credit of the - - -
<br /> government. Limited General Oblig.Note, Series 2015 20.1 -'
<br /> Revenue Bonds/Notes
<br /> The County advance refunded $19.1 million
<br /> of Limited General Obligation Bonds, Series Spring Training Facility, Series 2001 7.2 7.7
<br /> 2006 which resulted in a savings of $1.2 Water and Sewer Ref. Rev., Series 2005 16.3
<br /> million and saved approximately $217,000
<br /> Water and Sewer Rev. Note Series 2015 7.2 -
<br /> in annual debt service payments. The bonds - - - - - -
<br /> were refunded by a 1.66% Limited General Water and Sewer Ref. Rev., Series 2009 21.7 23.1
<br /> Obligation Refunding Note, Series 2015. Total $59.1: $73.7
<br /> The Board also approved paying off the
<br /> outstanding balance on the Water and Sewer (Chau in millions)
<br /> Revenue Refunding Bonds, Series 2005. Half of the outstanding principal, or $7.1 million, was refunded
<br /> from available utility reserves and the remaining half was refunded by a 1.65% Water and Sewer Revenue
<br /> Refunding Note, Series 2015. The cash funding of $7.1 million in principal results in a reduction of
<br /> approximately $1.2 million in annual debt service payment and an estimated net savings of $1.1 million
<br /> over the remaining life of the bonds. In January 2015, Fitch Rating Service affirmed the County's "AAA"
<br /> rating for the Water and Sewer Revenue Refunding Bonds, Series 2009. The chart below shows the
<br /> amount of debt per capita within the County. The Debt Per Capita has been steadily decreasing over the
<br /> last 10 fiscal years.
<br /> Debt Per Capita
<br /> $1,071
<br /> £i $981
<br /> $910£ sfsf
<br /> }1ztft ;�li, lrst, $862
<br /> 3 7 { {;��c{StttSjt}t4
<br /> $8 p18 p
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<br /> u#rrstl� t7 r iti��t71�t slits�+tttzit� tl{il{tttl� $756
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<br /> 2006 2007 2008 2009 2010 2011 2012 2013. 2014 2015 17
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