| Computation of Legal Debt Margin | ||
|---|---|---|
| November 1, 2000 | ||
| (Expressed in Thousands) | ||
| Estimated General Fund Tax Receipts for the Fiscal Year Ending June 30, 2001 | $8,754,200 | |
| Factor | 1.6 | |
| Statutory Debt Limit for Debt Incurred | 14,006,720 | |
| Less: Authorized Bonds, Notes, and Other Obligations subject to | ||
| certain limitations. | 11,651,569 | |
| Legal Debt Margin | $2,355,151 | |
| SOURCE: State of Connecticut General Obligation Bonds Offering Statement | ||
| Dated November 15, 2001 | ||