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Assume the following information was obtained from the comprehensive annual financial report of the city of Tampa, Florida for a recent fiscal year. All amounts

Assume the following information was obtained from the comprehensive annual financial report of the city of Tampa, Florida for a recent fiscal year. All amounts are in thousands.

Condensed General Fund balance sheet: Debt service expenditures
Total assets $141,353 in governmental funds
Total liabilities $24,062 Principal $13,837
Fund balance $117,291 Interest $10,364
Cash and investments Total $24,201
included in assets $120,616 Debt service principal maturities
Components of General Fund fund balance: 2,020 $13,905
Nonspendable $302 2,021 23,180
Committed 717 2,022 24,950
Assigned 27,423 2,023 32,190
Unassigned 88,849 2,024 62,800
Total $117,291 2025-2029 133,990
Total revenues: 2030-2034 90,615
Property taxes $144,295 2035-2044 19,300
Utility charges 40,214 2045-2054 13,815
State aid 46,873 Total $414,745
Charges for services 51,678 Pension data:
Other 73,882 General employees:
Total $356,942 Pension liability $740,043
Transfers in Plan fiduciary net position $657,493
Recurring $33,443 Fire and Police
Property taxes: Pension liability $1,923,536
Tax levy $149,922 Plan fiduciary net position $1,727,529
Tax collected in year of levy $143,836

Other information: 1. All liabilities are current. 2. Assigned funds are all for intended uses, but no formal action taken to commit. 3. Transfers in are virtually all recurring payments in lieu of taxes and franchise fees. 4. Governmental activities debt services includes notes payable of $53,845 thousand.

Calculate the following ratios: Budgetary cushion

Debt Service Burden

% of Principal paid back in 5 years

% of Principal paid back in 10 years

Quick Ratio

Property tax collection rate

Pension benefit burden

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