The debt limit for general obligation debt for Milos City is…
The debt limit for general obligation debt for Milos City is 1 percent of the assessed property valuation for the city. Assessed property valuation $ 10,863,511,000 Approved but unissued tax-supported debt 10,000,000 Revenue bonds issued 32,000,000 General obligation serial bonds issued 43,000,000 Leases outstanding 5,230,000 Calculate the city’s debt margin. Do not enter commas or dollar signs in your response.
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