a$.$ The Debt Service Fund had a beginning fund balance of $$102,033$ thousand. The Debt Service Fund statement of revenues, expenditures, and changes in fund balances for fiscal year $2016$ shows $$76,371$ thousand of debt service expenditures, zero revenues, and $$9,767$ thousand of transfers in$.$ It also shows significant inflows from refunding existing debt and the issuance of new debt. The same general pattern occurred in fiscal year $2015.$ Hence, it is reasonable to assume that most of the year$$s debt service expenditures was financed, not by tax revenues, but rather by $$rolling over$$ existing debt issuing new debt or drawing down the fund balance.

b$.$ Hartford$$s outstanding general obligation debt increased from $$538\mathrm{.}5$ million at the beginning of fiscal year $2016$ to $$724\mathrm{.}2$ million at the end of the year. The CAFR reports that the assessed value of taxable property was $$3,804,225,600$ and the actual value of taxable property was $$6,998,159,700($You can calculate Hartford$$s personal income by multiplying the population by the per capita income.$)$

Please calculate the following ratiosin thousands of dollars$),$ have been condensed.

Screenshot $2024-...$

Other comments

Quick Ratio$$

Days' cash on hand$$

Budgetary cushion$$

Operating margin$$

Debt burden $($using value of property$)$

Debt burden $($using personal income$)$