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| TOWN OF CARY,
NORTH CAROLINA |
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| RATIO OF NET
GENERAL BONDED DEBT |
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| TO ASSESSED
VALUE AND BONDED DEBT PER CAPITA |
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| Last Ten Fiscal
Years |
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| Table 15 |
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Bond Debt |
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Service From |
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Gross |
Utility System |
Net |
Ratio of Net |
Net Bonded |
Gross Bonded |
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| Fiscal |
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Assessed |
Bonded |
Enterprise |
Bonded |
Bonded Debt to |
Debt Per |
Debt Per |
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| Year |
Population(1) |
Value |
Debt(2) |
Revenues(3) |
Debt(4) |
Assessed Value |
Capita |
Capita |
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| 2008 |
130,716 |
$13,915,372,155 |
180,249,885 |
45,606,486 |
134,643,399 |
.97 |
% |
$1,030 |
1,379 |
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| 2007 |
122,643 |
13,031,452,560 |
189,984,628 |
61,107,926 |
128,876,702 |
.99 |
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1,051 |
1,549 |
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| 2006 |
115,854 |
12,227,440,606 |
153,178,860 |
51,598,426 |
101,580,434 |
.83 |
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877 |
1,322 |
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| 2005 |
111,039 |
11,670,183,036 |
164,319,732 |
55,023,096 |
109,296,636 |
.94 |
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984 |
1,480 |
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| 2004 |
107,973 |
11,494,876,739 |
176,289,108 |
58,513,189 |
117,775,919 |
1.02 |
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1,091 |
1,633 |
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| 2003 |
106,715 |
11,147,906,410 |
190,748,609 |
62,118,453 |
128,630,156 |
1.15 |
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1,205 |
1,787 |
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| 2002 |
103,260 |
10,769,312,103 |
109,473,837
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65,811,759 |
43,662,078 |
.41 |
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423 |
1,060 |
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| 2001 |
99,798 |
10,248,918,929 |
121,918,022 |
69,164,951 |
52,753,071 |
.51 |
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529 |
1,222 |
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| 2000 |
96,217 |
7,169,113,857 |
48,615,306 |
11,498,766 |
37,116,540 |
.52 |
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386 |
505 |
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| 1999 |
91,233 |
6,636,471,885 |
50,220,189 |
13,033,056 |
37,187,133 |
.56 |
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408 |
550 |
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| ------------ |
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| NOTES: |
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| (1) All data is estimated by the Town of Cary
Planning Department, except for |
| 2001, which is from the U.S. Census
Bureau. |
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| (2) Gross bonded debt includes all general
obligation bonds and installment |
| purchases. Amount does not include
revenue bonds. |
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| (3) Debt Service from the Utility System
Enterprise Revenues excludes |
| Sewer bonds, which are included in the
net bonded debt calculation. |
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| (4) Net bonded debt equals gross bonded debt
less debt service monies |
| available at year-end less debt payable
from Utility System Enterprise |
| Revenues. |
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