Series 50: Net Debt To Assessed Valuation

Taken from our Series 50 Online Guide

Net Debt to Assessed Valuation

This ratio compares a municipality’s general obligation debt to the real estate wealth of the community. Since GO bonds are often backed by property taxes, this ratio gives a sense of how able the municipality is to pay its debt.

24278.jpg

Example: The City of Richmond wish

Since you're reading about Series 50: Net Debt To Assessed Valuation, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 50
Please Enable Javascript
to view this content!