Laserfiche WebLink
Direct and Overlapping Debt <br />The following table shows the direct and overlapping debt affecting the territory within the City of <br />Santa Ana Assessment District No. 2015 -01 (Warner Industrial Community) as of May 1, 2016. <br />TABLE 3 <br />City of Santa Ana <br />Assessment District No. 2015 -01 <br />(Warner Industrial Community) <br />Limited Obligation Improvement Bonds <br />Direct and Overlapping Debt <br />2015 -16 Land and Iim rovement Assessed Valuation: $276,255,752 <br />DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT: % Applicable Debt 5/1/16 <br />Metropolitan Water District 0.012% $ 10,946 <br />Rancho Santiago Community College District 0.433 1,161,546 <br />Rancho Santiago Community College District SFID No. 1 0.837 537,505 <br />Santa Ana Unified School District 1.029 2,818,172 <br />City of Santa Ana Assessment District No. 2015 -01 100. (0 <br />TOTAL DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT $4,528,169 <br />OVERLAPPING GENERAL FUND DEBT <br />Orange County General Fund Obligations <br />0.058% <br />$ 44,346 <br />Orange County Pension Obligation Bonds <br />0.058 <br />285,443 <br />Orange County Board of Education Certificates of Participation <br />0.058 <br />8,794 <br />Santa Ana Unified School District Certificates of Participation <br />1.029 <br />730,068 <br />City of Santa Ana General Fund Obligations <br />1.255 <br />836,562 <br />TOTAL GROSS OVERLAPPING GENERAL FUND DEBT <br />$1,905,213 <br />Less: City of Santa Ana Certificates of Participation supported by parking revenues <br />6 967 <br />TOTAL NET OVERLAPPING GENERAL FUND DEBT <br />$1,898,246 <br />OVERLAPPING TAX INCREMENT DEBT (Successor Agency): $2,945,014 <br />GROSS COMBINED TOTAL DEBT $9,378,396121 <br />NET COMBINED TOTAL DEBT $9,371,429 <br />Ratios to 2015 -16 Assessed Valuation <br />DirectDebt ........................................................................ ............................... <br />- % <br />Total Direct and Overlapping Tax and Assessment Debt ..... ..........................1.64% <br />Gross Combined Total Debt .................. ............................... ..........................3.39% <br />Net Combined Total Debt ..................... ............................... ..........................3.39% <br />1) Excludes issue to be sold. <br />(2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue bonds and non - bonded capital lease obligations. <br />Qualified Zone Academy Bonds are included based on principal due at maturity. <br />Source: California Municipal Statistics, Inc. <br />24 <br />55B -94 <br />