Series 52: 5.1.5.3. Net Debt To Assessed Valuation

Taken from our Series 52 Top Off Online Guide

5.1.5.3.  Net Debt to Assessed Valuation

The net debt to assessed valuation ratio compares a municipality’s general obligation debt to the real estate wealth of the community. Since GO bonds are often backed by property taxes, this ratio gives a sense of how able the municipality is to pay its debt.

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