COUNTY OF ADAMS, PENNSYLVANIA Computation of Legal Debt Margin Last Ten Years
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20162017201820192020
Borrowing Base Revenues
Two Years Prior$ 69,742,605$ 71,823,349$ 76,042,013$ 77,771,087$ 65,914,620
Prior Year71,823,34976,042,01377,771,08765,914,62066,963,430
Current Year76,042,01377,771,08765,914,62066,963,43077,369,007
Total Revenues$ 217,607,967$ 225,636,449$ 219,727,720$ 210,649,137$ 210,247,057
Debt Limit For General Obligation Bonds
Average Borrowing Base Revenues$ 72,535,989$ 75,212,150$ 73,242,573$ 70,216,379$ 70,082,352
Debt Limit Percentagex 300% x300% x300%300% x300%
Debt Limit217,607,967225,636,449219,727,720210,649,137
Total Outstanding Bonded Debt72,085,28079,510,06675,887,77172,186,837
Legal Debt Margin$ 145,522,687$ 146,126,383$ 143,839,949$ 138,462,300$ 131,006,663
Total Outstanding Bonded Debt
As A Percentage Of Debt Limit33.13%35.24%34.54%34.27%
Debt Limit For General Obligation Bonds
And Lease Rental Debt
Average Borrowing Base Revenues$ 72,535,989$ 75,212,150$ 73,242,573$ 70,216,379$ 70,082,352
Debt Limit Percentagex 400% x400% x400%400%400%
Debt Limit290,143,956300,848,599292,970,293280,865,516
Total Amount Of Debt Applicable To Limit Debt72,085,28079,510,06675,887,77172,186,837
Legal Debt Margin$ 218,058,676$ 221,338,533$ 217,082,522$ 208,678,679$ 201,089,015
Total Amount Of Debt Applicable To Debt Limit As A Percentage of Debt Limit24.84%26.43%25.90%25.70%