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r. <br /> i <br /> I <br /> it <br /> TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> JUNE 30, 1986 <br /> I' <br /> $619,925,000, against which $2,692,198 of debt was outstanding applicable to such limit. The following is a <br /> computation of the legal debt margin as of June 30, 1986: <br /> Inside Outside <br /> Debt Limit Debt Limit Total <br /> Assessed value (basis for tax rate) $651,056,411 <br /> Equalized assessed value 3619,925.000 <br /> ----------- <br /> Debt limit, 51 of equalized value $30,996,250 $30,996,250 $ 61,992,500 <br /> Less debt outstanding 692,198 2,000,000 2,692,198 <br /> Total legal debt margin 430,30d,052 428,996,25059,300,302 <br /> ------ ---------- ----------- <br /> 6 (b) The Town .of Mashpee had the following outstanding bond issues for the following projects at June 30, 1986: <br /> Bond <br /> Interest Issue Maturity Authorized <br /> Rate Dates Date Date And Issued Retired Outstandina <br /> General Obligation Bonds: <br /> r <br /> Police d fire station 5.00* 4/10-10/10 10/10/80 10/10/98 41,088,600 3 396,402 $ 692,198 <br /> Middle Sthaoi facilities 6.00% 811 — 2/1 211/77 211/96 4_200,000 2,200,000 2,000,000 <br /> ietals <br /> $3,288,600 $: .d02 $2,692,198 <br /> { h0.� <br /> 24 <br />