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Ordinance 2024-611
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Ordinance 2024-611
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Last modified
5/31/2024 3:48:43 PM
Creation date
5/30/2024 11:54:13 AM
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CityClerk-Ordinances
Ordinance Number
2024-611
Date (mm/dd/yyyy)
05/16/2024
Description
And Ordinance 2023-606; Approving Budget Amnd No. BA2324-02; Operating & Capital Improvement Budget for 2023-2024 FY-General Fund & Capital Projects
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City of Sunny Isles Beach, Florida <br />Table 13 <br />Pledged Revenue Coverage <br />Last Ten Fiscal Years <br />(Amounts Expressed in Thousands) <br />Revenue Bonds and Notes Payable <br />Fiscal Total <br />Debt Service <br />Year Revenue <br />Principal Interest <br />Coverage <br />2014 $ 1,528 <br />$ 576 $ <br />221 <br />1.92 <br />2015 1,596 <br />590 <br />207 <br />2.00 <br />2016 1,662 <br />604 <br />193 <br />2.09 <br />2017 1,655 <br />618 <br />178 <br />2.08 <br />2018 1,740 <br />633 <br />173 <br />2.16 <br />2019 1,767 <br />648 <br />178 <br />2.14 <br />2020 1,538 <br />663 <br />160 <br />1.87 <br />2021 1,909 <br />679 <br />140 <br />2.33 <br />2022 2,377 <br />695 <br />120 <br />2.92 <br />2023 2,417 <br />729 <br />78 <br />3.00 <br />Note: Details regarding the City's outstanding debt can be found in the notes <br />to the financial statements. <br />105 <br />
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