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Debt Information (2) <br />Net Direct Debt (Includes this issue) $ <br />Net Overlapping Debt <br />Total Net Direct and Net Overlapping Debt $ <br />Bonded Debt Ratios - Marion County has no bonded debt <br />Net Direct Debt to Real Market Valuation ~o~a <br />Net Direct and Net Overlapping Debt <br />to Real Market Valuation ~o~o <br />Per Capita Real Market Valuation $ ~ <br />Per Capita Net Direct Debt $ ~ <br />Per Capita Total Net Direct and Net Overlapping Debt $ ~ <br />The definition of Real Market Value and Assessed Value was changed by the 1997 Legislative Assembly. See "Measure 50" <br />herein. <br />Net Direct and Net Overlapping Debt includes alt ta~c-supported bonds. Self-supporting bonds are excluded. <br />Future Debt Plans <br />The County operated its capital improvement program from a five-year plan. In the upcoming plans, the County <br />anticipates the placement of a general obligation bond measure before the voters of the County for a new juvenile <br />detention facility. 'The projected cost of this facility ranges from a low $14 million to a high $22 million. The exact <br />size and the timing of the measure is expected to be decided in the first quarter of 1999. <br />TABLE 4- OUTSTANDING OBLIGATIONS (AS OF JUNE 30,1998) <br />General Obligation Bonds <br />Taac supported <br />Series 19_ Brooks Community Service District <br />Series 19_ East Salem Service District <br />Self supporting (None) <br />Total general obligation bonds <br />General Obligation Improvement (Bancroft) <br />Bonds <br />Certificates of Participation <br />Ben Franklin Building <br />1998 Series A (this issue) <br />Total certificates of participation <br />Revenue Bonds <br />Short Term Debt <br />Tax Anticipation Notes <br />Leases and Contracts <br />Release Center/ Sheriff Substation <br />Housing Authority <br />Total leases and contracts <br />Source: Marion County <br />Dated Date Maturity Amount Issued <br />Date <br />21 <br />Principal <br />Outstanding <br />~ <br />