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1998-06-22 Regular Meeting of City Council
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1998-06-22 Regular Meeting of City Council
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
6/22/1998
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<br />e <br /> <br />e <br /> <br />CC(Q)~W <br /> <br />EXHffiIT B <br /> <br />DESCRIPTION OF ANNUAL FINANCIAL INFORMATION <br /> <br />The following information is referred to in Section 16 of this Ordinance. <br /> <br />Annual Financial Statements and Operating Data <br /> <br />The financial information and operating data with respect to the City to be provided annually in <br />accordance with such Section are as specified and included in the Appendix or under the headings of the Official <br />Statement referred to below: <br /> <br />I. The audited financial statements of the City for the most recently concluded fiscal year. <br /> <br />2. The information included in the Official Statement under the headings "FINANCIAL <br />INFORMATION", "COMPUTATION OF SELF-SUPPORTING DEBT", "TAX COLLECTION RECORD", "TAX <br />COLLECTION DATA", "TAX RATE DISTRIBUTION", "DEBT SERVICE FUND MANAGEMENT INDEX", <br />"TAX ADEQUACY", "CITY SALES TAX", "GENERAL OBLIGATION BONDS AUTHORIZED BUT <br />UNISSUEDj" "ESTIMATED DIRECT & OVERLAPPING DEBT STATEMENT", "TWENTY MAJOR <br />TAXPAYERS", "TEN MAJOR EMPLOYERS", "GENERAL OBLIGATION BONDS", "PRINCIPAL <br />REPAYMENT SCHEDULE", "ESTIMATED DEBT SERVICE REQUIREMENT SCHEDULE", and "GENERAL <br />FUND REVENUES, EXPENDITURES, AND BALANCES - FIVE YEAR HISTORY". <br /> <br />Accounting Principles <br /> <br />The accounting principles referred to in such Section are the accounting principles described in the notes <br />to the financial statements referred to in paragraph I above, as such principles may be changed from time to time <br />to comply with state law or regulation. <br /> <br />B-1 <br />
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