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to estimate the maximum amount of bonded indebtedness it could service at a tax rate of less than $25 per $100,000 of assessed property value?

April 26, 2017assessed bonded estimate Indebtedness maximum Property rate service tax

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to estimate the maximum amount of bonded indebtedness it could service at a tax rate of less than $25 per $100,000 of assessed property value?

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Morgan Stanley made its formal written Presentation to the [districts] Board of Trustees wherein it concluded: the district has the capacity to issue $490 million to $515 million in general obligation bonds and still maintain a tax rate of $24/$100,000 of AV.