Computation of Legal Debt Margin
November 1, 1999
(Expressed in Thousands)
| Estimated General Fund Tax Receipts for the Fiscal Year Ending June 30, 1999 | $ 7,825,800 |
| Factor | 1.6 |
| Statutory Debt Limit for Debt Incurred | 12,521,280 |
| Less: Authorized Bonds, Notes, and Other Obligations subject to certain limitations. | 10,417,941 |
| Legal Debt Margin | $2,103,339 |
SOURCE: State of Connecticut General Obligation Bonds Offering Statement Dated October 15, 1999
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