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8.B. - Page 51 <br /> Table 6 <br /> Direct and Overlapping Bonded Debt <br /> (as of October 31, 2012) <br /> 2012-13 Assessed Valuation: $1,158,163,515 <br /> DIIZECT AND OVERLAPPING TAX AND ASSESSMENT DEBT: %A�licable Debt 1/23/13 �l� <br /> San Mateo Community College District General Obligation Bonds 0.796% $ 4,622,054 <br /> Sequoia Union High School District General Obligation Bonds 1.933 6,526,581 <br /> Belmont-Redwood Shores School District General Obligation Bonds 10.769 3,570,930 <br /> Belmont-Redwood Shores School District <br /> Redwood Shores School Facilities Improvement District <br /> General Obligation Bonds 22.623 5,267,766 <br /> San Carlos School District General Obligation Bonds 0.952 495,254 <br /> City of Redwood City Redwood Shores Community Facilities District No.99-1 100. 10,315,000�z� <br /> TOTAL DIRECT AND OVERLAPPING TAX AND ASSESSMENT DEBT $30,797,585 <br /> OVERLAPPING GENERAL FUND DEBT: <br /> San Mateo County General Fund Obligations 0.796% $2,481,369 <br /> San Mateo County Board of Education Certificates of Participation 0.796 95,082 <br /> Redwood City School District General Fund Obligations 7.741 397,113 <br /> Midpeninsula Regional Park and Open Space District General Fund Obligations 0.690 935,983 <br /> TOTAL OVERLAPPING GENERAL FUND DEBT $3,909,547 <br /> COMBINED TOTAL DEBT $34,707,132�3� <br /> (1) Excludes issues sold between date of preparation(10/31/2012)and dated date(1/23/2013). <br /> (2) Represents Prior Bonds to be refunded. Excludes refunding Bonds to be sold. <br /> (3) Excludes tax and revenue anticipation notes,enterprise revenue,mortgage revenue and non-bonded capital <br /> lease obligations. <br /> Ratios to 2012-13 Assessed Valuation: <br /> Direct Debt($10,315,000).............................................................................0.89% <br /> Total Direct and Overlapping Tax and Assessment Debt................2.66% <br /> CombinedTotal Debt.....................................................................................3.00% <br /> Source: California Municipal Statistics,Inc. <br /> Projected Debt Service Coverage <br /> The table below shows the projected debt service coverage from the annual Special Tax <br /> levy in the District for the Bonds, assuming a levy of the maximum Special Tax on all Taxable <br /> Parcels, less the Annual Administrative Expense Amount, and no Special Tax delinquencies. <br /> -29- <br />