District School Board of Pasco County Legal Debt Margin Information

Last Ten Fiscal Years (Unaudited)

For the Fiscal Year Ending

Table 12

	June 30, 2012	June 30, 2013	June 30, 2014	June 30, 2015
Assessed Valuation	$ 22,466,159,275	$ 21,276,683,168	$ 21,459,191,534	$ 22,522,171,880
Debt Limit	$ 2,246,615,928	$ 2,127,668,317	$ 2,145,919,153	$ 2,252,217,188
Less: Net Debt applicable to the limit	414,129,351	388,428,248	478,942,886	473,190,336

Legal debt margin $ 1,832,486,577 $ 1,739,240,069 $ 1,666,976,267 $ 1,779,026,852

Total net debt applicable to the limit as a 18.43% 18.26% 22.32% 21.01% percentage of debt

Note:

This schedule was previously presented as a requirement of Rule 6A-1.037(2) State Board of Education, Florida Administration Code, which established a legal debt limit of 10 percent of the assessed valuation of the District. Rule 6A-1.037 was repealed in March 2006; however, Management believes this information may still be of value to users.

Sources: District Records

Department of Revenue

Table 12

For the Fiscal Year Ending

June 30, 2016 June 30, 2017 June 30, 2018 June 30, 2019 June 30, 2020 June 30, 2021

$ 23,633,468,723

$ 25,269,090,310

$ 27,299,009,995

$ 30,126,175,305

$ 32,665,290,697

$ 35,035,107,270

$ 2,363,346,872

$ 2,526,909,031 $

2,729,901,000 $

3,012,617,531 $

3,266,529,070 $

3,503,510,727

520,329,687 498,561,655 509,369,443 548,112,872 587,316,024 539,855,802

$ 1,843,017,185 $ 2,028,347,376 $ 2,220,531,557 $ 2,464,504,659 $ 2,679,213,046 $ 2,963,654,925

22.02% 19.73% 18.66% 18.19% 17.98% 15.41%

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