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3. The debt limit for general obligation debt for Malts City is 4 percent of the assessed property valuation for the city. Using the following

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3. The debt limit for general obligation debt for Malts City is 4 percent of the assessed property valuation for the city. Using the following information, calculate the city's debt margin. (OMR) Assessed property valuation 2.715,877,750 Approved but unissued tax-supported debt 2,500,000 Revenue bonds issued 8,000,000 General obligation serial bonds issued 10.750,000 Capital leases outstanding 1.307,500

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