Laserfiche WebLink
i <br /> II <br /> TOWN OF MASHPEE, MASSACHUSETTS <br /> NOTES TO FINANCIAL STATEMENTS <br /> JUNE 30, 1986 <br /> At June 30, 1986 debt authorized total $5,303,225 of which $4,523,421 was <br /> issued as temporary loans in anticipation of bond issue. <br /> 7. Overlapping Debt(1) <br /> In addition to direct debt, the town is indirectly liable for a portion of <br /> the debt and other expenses incurred by various overlapping governmental <br /> authorities and agencies. The following table sets forth the outstanding and <br /> authorized but unissued bonded debt of each authority or agency, Mashpee's <br /> 'percentage and dollar share of this outstanding debt and the town's fiscal 1986 <br /> dollar assessment. j <br /> Debt <br /> Debt Authorized % Town's Town's <br /> Entity Outstanding but Unissued Share Assessment <br /> Barnstable County $ 270,000 -0- 4.00% $189,649 <br /> Cape Cod Vocational Tech. $3,500,000 -0- 6.79% $ 26,504 <br /> Cape Cod Regional Transit <br /> Authority $1,025,000 -0- 5.00% $ 10,845 <br /> I <br /> (1) Shares may vary from year to year depending on various factors such <br /> as the ratio of the town's equalized valuation to the total valuation <br /> at all cities and towns in Barnstable County and the ratio of Mashpee's <br /> Pupils in school to the Cape Cod Regional Vocational Technical School <br /> District total. <br /> I <br /> 26 <br />