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District School Board of Pasco County Ratios of Outstanding Debt by Type Last Ten Fiscal Years

(Unaudited)

Table 10



Fiscal Year


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State Board of Education Bonds


District Revenue Bonds

Governmental Activities


Estimated Populatio n


Per Capita


Personal Income (thousands of dollars)


Outstanding Debt to Personal Income Ratio

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2021

$ 4,915,618

$ 4,020,700

$ 79,746,460

$ 427,473,328

$ 23,699,697

$ 539,855,802

561,891

961

$ 23,304,817

23

2020

5,706,095

2,103,853

99,254,379

451,803,826

28,447,871

587,316,024

553,947

1,060

21,983,432

27

2019

6,489,510

2,221,841

118,137,298

396,347,247

24,916,976

548,112,872

539,630

1,016

20,540,387

27

2018

7,409,605

2,334,829

137,035,217

340,183,148

22,406,644

509,369,443

525,643

969

19,444,411

26

2017

8,497,480

2,442,819

115,368,138

354,936,552

17,316,666

498,561,655

512,368

973

18,262,733

27

2016

9,887,266

2,545,807

127,361,057

369,048,086

11,487,471

520,329,687

497,909

1,045

17,010,349

31

2015

12,068,756

2,643,796

106,873,977

351,603,807

-

473,190,336

485,331

975

16,069,820

29

2014

13,770,270

2,736,785

122,299,509

340,136,322

-

478,942,886

475,502

1,007

15,856,881

30

2013

15,498,519

2,829,773

27,254,033

342,845,923

-

388,428,248

470,391

826

15,607,522

25

2012

18,633,288

2,917,763

40,030,452

352,547,848

-

414,129,351

466,457

888

14,909,206

28


178

Sales Tax

Certificates of

Capital

Total Primary

Revenue Bonds

Participation

Leases

Government

Note:

Details regarding the District's outstanding debt can be found in the notes to financial statements N/A = Data not currently available

(1) Ratio per thousand dollars of personal income


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Source: District records

US Census Bureau: http://www.census.gov/quickfacts


District School Board of Pasco County

Direct and Overlapping Governmental Activities Debt As of June 30, 2021

(Unaudited)

Table 11


Percentage Amount

Net Debt Applicable to this Applicable to this

Jurisdiction Outstanding Governmental Unit Governmental Unit

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Pasco County Board of County Commissioners Overlapping Debt $ 152,611 0% $ -


District School Board of Pasco County Direct Debt 539,855,802 100% 539,855,802


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Totals

 $                        540,008,413  

 $                        539,855,802  


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Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the District. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the District. This process recognizes that, when considering the District's ability to issue and repay debt, the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt of each overlapping government.


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Source : District records

Pasco County CAFR, September 30, 2020


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