Evansville Water: The Movie: Part 1

Audio/Video Evansville Schools Meetings

Seek the High Ground

The Book of Minutes

Search This Blog

Wisconsin Wit

Friday, September 07, 2007

Finance: Video: Ehlers and Assoc. Speaks

Greg from Ehlers and Associates, the financial advisors to Evansville, reviews the debt capacity of the City with respect to General Obligation borrowing, and where we are as a city.

definition:

ASSESSED VALUATION - the value of property against which an ad valorem tax is levied, usually a percentage of "true" or "market" value. In Wisconsin, the Department of Revenue annually publishes an "Equalized Value" report that estabishes the real estate value in each municipality for debt purposes. Under the Wisconsin Constitution, municipalities may not have general obligation debts outstanding that exceed 5% of their equalized value.






Download File

No comments:

Post a Comment