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Cost of Government
Trend Mintaining Performance Strong Long Term Debt Credit Rating
Trend is Down Performance Improving Cost per Resident
Trend is Down Performance Improving Net Debt per Capita
Trend Mintaining Performance Strong Debt Margin as % of SEV
Trend Mintaining Performance Strong County Property Values
Trend Mintaining Performance Strong Fund Balance as a % of
General Expenditures
Trend Mintaining Performance Strong Unfunded OPEB as a % of
General Revenue
Trend is Down Performance Improving Employee per 1000 Residents
Debt Margin as a Percent of SEV

Why It Matters

The State Constitution (Article VII, Section 6) states that “No county shall incur any indebtedness which shall increase its total debt beyond 10% of its assessed valuation.” The lower the debt margin, the more financially healthy a community is.

SEV = State Equalized Value

Note: Additional statistics are available by placing cursor over a data point on the chart.

2004
Debt: $399,927,376
SEV: $20,930,699,290
%: 1.91%
2005
Debt: $373,049,381
SEV: $22,119,875,769
%: 1.69%
2006
Debt: $348,610,657
SEV: $23,346,848,319
%: 1.49%
2007
Debt: $506,424,904
SEV: $24,338,570,446
%: 2.08%
2008
Debt: $482,212,904
SEV: $24,296,248,175
%: 1.98%
2009
Debt: $495,995,904
SEV: $23,810,524,071
%: 2.09%
2010
Debt: $459,568,904
SEV: $22,577,744,317
%: 2.04%
2011
Debt: $437,868,904
SEV: $21,735,166,525
%: 2.01%
2012
Debt: $416,883,904
SEV: $20,988,856,355
%: 1.99%
2013
Debt: $392,130,961
SEV: $20,992,849,006
%: 1.87%