DEBT STATEMENT/BONDED INDEBTEDNESS (as of Date of Delivery - Includes this issue)

Transcription

1 DEBT STATEMENT/BONDED INDEBTEDNESS (as of Date of Delivery - Includes this issue) GOB, Series of ,975,000 GON, Series of 2011 (QSCB} 17,380,000 GOB, Series A of ,050,000 GOB, Series B of ,365,000 GOB, Series C of ,865,000 GOB, Series of ,710,000 62,345,000 7,077,730 13,399,064 21,201,703 5,365,000 1,437,817 1,330,369 49,811,684 Municipal Debt ( ) 32,578,187 Share of Lawrence County Debt ( ) 1,816,320 Total 34,394,507 Total Direct and 96,739,507 32,578,187 1,816,320 34,394,507 84,206,190 Market Value 11.90% Assessed Value 11.78% Per Capita 2,563 Market Value 18.47% Assessed Value 18.29% Per Capita 3, % 9.42% 2, % 15.92% 3,462 Lawrence County Assessed Value (2012) 3,476,366,498 New Castle ASD Assessed Value ( ) 529,042,923 New Castle ASD Market Value ( ) 523, 722,239 Population (2010} 24,325

2 DEBT STATEMENT/BONDED INDEBTEDNESS (as of Date of Delivery- Includes this issue) GOB, Series of ,970,000 GON, Series of 2011 (QSCB) 17,375,000 GOB, Series A of ,045,000 GOB, Series B of ,845,000 GOB, Series C of ,860,000 GOB, Series of 201 O 1,625,000 60,720,000 7,052,972 13,351,523 21,133,599 3,845,000 1,429,285 1,260,280 48,072,659 Municipal Debt ( ) 29,556,602 Share of Lawrence County Debt ( ) 1,728,478 Total 31,285,080 Total Direct and 92,005,080 29,556,602 1,728,478 31,285,080 79,357,739 Market Value 11.38% Assessed Value 11.36% Per Capita 2,496 Market Value 17.25% Assessed Value 17.22% Per Capita 3, % 9.00% 1, % 14.85% 3,262 Lawrence County Assessed Value (2013) 3,498,072,215 New Castle ASD Assessed Value ( ) 534,364,950 New Castle ASD Market Value ( ) 533,513,232 Population (2010) 24,325

3 DEBT STATEMENT/BONDED INDEBTEDNESS (as of Date of Delivery - Includes this issue) GOB, Series of ,965,000 GON, Series of 2011 (QSCB) 17,370,000 GOB, Series A of ,040,000 GOB, Series B of ,160,000 GOB, Series C of ,855,000 GOB. Series of 201 O 1,540,000 58,930,000 7,047,440 13,344,321 21,124,756 2,160,000 1,425,084 1,194,069 46,295,670 Municipal Debt ( ) 27,860,001 Share of Lawrence County Debt ( ) 4,392,588 Total 32,252,589 Total Direct and 91,182,589 27,860,001 4,392,588 32,252,589 78,548,259 Market Value 10.65% Assessed Value 10.99% Per Capita 2,423 Market Value 16.48% Assessed Value 17.01% Per Capita 3, % 8.64% 1, % 14.65% 3,229 Lawrence County Assessed Value (2014) 3,537,057,610 New Castle ASD Assessed Value ( ) 536,030,275 New Castle ASD Market Value ( ) 553,260,952 Population (2010) 24,325

4 DEBT STATEMENT/BONDED INDEBTEDNESS (as of Date of Delivery- Includes this issue) GOB, Series of ,940,000 GON, Series of 2011 (QSCB) 17,365,000 GOB, Series A of ,935,000 GOB, Series B of ,000 GOB, Series C of ,850,000 GOB, Series of ,450,000 57,070,000 7,046,937 13,380,783 21,101, ,000 1,425,537 1,127,547 44,612,536 Municipal Debt ( ) 27,627,669 Share of Lawrence County Debt ( ) 4,242,291 Total 31,869,960 Total Direct and 88,939,960 27,627,669 4,242,291 31,869,960 76,482,496 Market Value 10.43% Assessed Value 10.73% Per Capita 2,346 Market Value 16.25% Assessed Value 16.73% Per Capita 3, % 8.39% 1, % 14.39% 3,144 Lawrence County Assessed Value (2015) 3,528,008, 175 New Castle ASD Assessed Value ( ) 531,681,615 New Castle ASD Market Value ( ) 547,165,926 Population (2010) 24,325

5 DEBT STATEMENT/BONDED INDEBTEDNESS (as of Date of Delivery- Includes this issue) GON, Series of ,946 GOB, Series of2012 8,890,000 GON, Series of 2011 (QSCB) 17,360,000 GOB, Series A of ,455,000 GOB, Series C of ,845,000 GOB, Series of ,360,000 55,166, ,946 7,014,552 13,391,799 19,962,833 1,423,264 1,058,691 43,108,086 Municipal Debt ( ) 26,221,000 Share of Lawrence County Debt ( ) 5,464,791 Total 31,685,791 Total Direct and 86,852,737 26,221,000 5,464,791 31,685,791 74,793,877 Market Value 10.24% Assessed Value 10.46% Per Capita 2,268 Market Value 16.12% Assessed Value 16.47% Per Capita 3, % 8.17% 1, % 14.18% 3,075 Lawrence County Assessed Value (2016) 3,549, 730,305 New Castle ASD Assessed Value ( ) 527,492,415 New Castle ASD Market Value ( ) 538,632,641 Population (2010} 24,325

6 Percenatge of Taxpayer Industry Assessed Value Total Assessment {1} Ohio Pennsylvania Prop LLC Real Estate $ 7,900, % Westview Terrace Estates, LP Housing 4,047, % Cascade Commons Retail Shaping Mall 3,190, % Medure Development LLC Housing 2,179, % Ellwood Industrial Facilities Co Steel Mill 1,676, % Golden Hill Nursing Home Inc. Nursing Home 1,562, % Haven Convalescent Home Nursing Home 1,555, % Blair Strip Steel Steel Mill 1,451, % Darrell E Johnson Real Estate 1,448, % Central Buildina of New Castle Real Estate 1.424, % Total $ 26,436, % (1) Based on budgeted assessed value of 529,265, Percenatge of Taxpayer lndust~ Assessed Value Total Assessment (1) Ohio Pennsylvania Prop LLC Real Estate $ 7,900, % Westview Terrace Estates, LP Housing 4,047, % Cascade Commons Retail Shaping Mall 3,758, % First National Bank Finance 2,878, % Golden Hill Nursing Home Inc. Nursing Home 2,874, % Lynch Paul Investments Inc. Real Estate 1,963, % Holiday Road LLP Retail Shooping Mall 1,779, % Ellwood Industrial Facilities Co Steel Mill 1,725, % Blair Strip Steel Steel Mill 1,691, % Sheridan Estates Housing 1,582, % Total $ 30,200, % (1) Based on budgeted assessed value of 526,943,823

7 FY Coverage of Debt Service and Lease Rental Requirements By State Aid Total State Revenues Received $ 28,985, Total State Revenues Received $ 29,049, Total State Revenues Received $ 27,033, Total State Revenues Received $ 28,897, Total State Revenues Received $ 29,091, Debt Service Requirements $ 4,333,002 Coverage of Debt Service Requirements 6.71x Maximum Future Debt Service Requirements $ 5,111,939 Coverage of Maximum Future Debt Service Requirements 5.69x FY Coverage of Debt Service and Lease Rental Requirements By State Aid Total State Revenues Received $ 27,785, Total State Revenues Received $ 28,985, Total State Revenues Received $ 29,049, Total State Revenues Received $ 27,033, Total State Revenues Received $ 28,897, Debt Service Requirements $ 3,205,556 Coverage of Debt Service Requirements 9.01x Maximum Future Debt Service Requirements $ 3,205,556 Coverage of Maximum Future Debt Service Requirements 9.01x