Comprehensive Annual Financial Report Schedule of Computation of Legal Debt Margin

State of Connecticut

Computation of Legal Debt Margin

July 1, 1995
(Expressed in Thousands)

Estimated General Fund Tax Receipts for the Fiscal Year Ending June 30, 1995$6,560,100
Factor1.6
Statutory Debt Limit for Debt Incurred10,496,160
Less: Authorized Bonds, Notes, and Other Obligations subject to
certain limitations.8,485,761
Legal Debt Margin$2,010,399

SOURCE: State of Connecticut General Obligation Bonds Offering Statement Dated October 12, 1995.

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