| Computation of Legal Debt Margin | ||
|---|---|---|
| November 1, 2000 | ||
| (Expressed in Thousands) | ||
| Estimated General Fund Tax Receipts for the Fiscal Year Ending June 30, 2000 | $ 8,104,900 | |
| Factor | 1.6 | |
| Statutory Debt Limit for Debt Incurred | 12,967,840 | |
| Less: Authorized Bonds, Notes, and Other Obligations subject to certain limitations. | 10,985,409 | |
| Legal Debt Margin | $ 1,982,431 | |
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| SOURCE: | State of Connecticut General Obligation Bonds Offering Statement | |
| Dated December 15, 2000 | ||