COUNTY OF ADAMS,
PENNSYLVANIA
Computation of Legal Debt Margin (Continued)
Last Ten Years
Page 126
| 2021 | 2022 | 2023 | 2024 | 2025 |
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| Borrowing Base Revenues | | | | | |
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| Two Years Prior | $ 66,963,430 | $ 77,369,007 | $ 74,428,488 | $ 87,828,014 | $ 87,129,199 |
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| Prior Year | 77,369,007 | 74,428,488 | 87,828,014 | 87,129,199 | 79,764,544 |
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| Current Year | 74,428,488 | 87,828,014 | 87,129,199 | 79,764,544 | 87,919,807 |
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| Total Revenues | $ 218,760,925 | $ 239,625,509 | $ 249,385,701 | $ 254,721,757 | $ 254,813,550 |
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| Debt Limit For General Obligation Bonds | | | | | |
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| Average Borrowing Base Revenues | $ 72,920,308 | $ 79,875,170 | $ 83,128,567 | $ 84,907,253 | $ 84,937,850 |
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| Debt Limit Percentage | x 300% x | x 300% x | 300% | 300% x | 300% |
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| Debt Limit | 218,760,925 | 239,625,509 | 249,385,702 | 254,721,758 | 254,813,550 |
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| Total Outstanding Bonded Debt | 76,699,408 | 71,887,475 | 66,999,702 | 62,351,929 | 57,564,156 |
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| Legal Debt Margin | $ 142,061,517 | $ 167,738,034 | $ 182,386,000 | $ 192,369,829 | $ 197,249,394 |
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| Total Outstanding Bonded Debt | | | | | |
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| As A Percentage Of Debt Limit | 35.06% | 30.00% | 26.87% | 24.48% | 22.59% |
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| Debt Limit For General Obligation Bonds | | | | | |
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| And Lease Rental Debt | | | | | |
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| Average Borrowing Base Revenues | $ 72,920,308 | $ 79,875,170 | $ 83,128,567 | $ 84,907,253 | $ 84,937,850 |
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| Debt Limit Percentage | 400% | 400% | 400% | 400% | 400% |
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| Debt Limit | 291,681,233 | 319,500,679 | 332,514,269 | 339,629,010 | 339,751,400 |
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| Total Amount of Debt Applicable to Debt Limit | 76,699,408 | 71,887,475 | 66,999,702 | 62,351,929 | 57,564,156 |
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| 0 | $ 214,981,825 | $ 247,613,204 | $ 265,514,567 | $ 277,277,081 |
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| Total Amount Of Debt Applicable To Debt Limit As a Percentage Of Debt Limit | 26.30% | 22.50% | 20.15% | 18.36% | 16.94% |
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