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DEBT <br />At the end of fiscal year 2016, the County <br />had $51.6 million in outstanding long-term <br />debt. Of this amount, $19.7 million is debt <br />backed by the full faith and credit of the <br />government. Outstanding debt decreased <br />by $7.5 million during fiscal year 2016 which <br />included the last installment of $3.5 million <br />on the Limited General Obligation Bonds, <br />Series 2006. This led to a decrease of .0379 <br />per $1000 of assessed value in the Land <br />Acquisition property tax millage. <br />The chart below shows the amount of debt <br />per capita within the County. The debt per <br />capita has been steadily decreasing over the <br />last 10 fiscal years falling by another $59 <br />during fiscal year 2016. <br />$981 <br />$910 <br />$862 <br />1 <br />$818 <br />2007 2008 2009 2010 <br />General Obligation Debt <br />Limited General Oblig. Bonds, Series 2006 <br />Limited General Oblig. Note, Series 2015 <br />Revenue Bonds/Notes <br />Spring Training Facility, Series 2001 <br />Water and Sewer Rev. Note, Series 2015 <br />Water and Sewer Ref. Rev., Series 2009 <br />Total <br />Debt Per Capita <br />$756 <br />$666 <br />i <br />(Chart in millions) <br />$581 <br />• <br />$523 <br />2011 2012 2013 2014 <br />2016 <br />$19.7 <br />6.7 <br />6.2 <br />19.0 <br />$51.6 <br />$412 <br />2015 <br />$3.5 <br />20.1 <br />7.2 <br />7.2 <br />21.1 <br />$59.1 <br />$353 <br />2015 2016 <br />