Page 221 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem
P. 221
City of Winston-Salem, North Carolina
Direct and Overlapping Governmental Activities Debt
As of June 30, 2018
(dollars in thousands) Table 17
Estimated
Share of
Estimated Direct and
Debt Percentage Overlapping
Governmental Unit Outstanding Applicable Debt
City direct debt $ 368,624 100.00% $ 368,624
Debt repaid with property taxes
Forsyth County 552,244 61.35 (1) 338,802
Total direct and overlapping debt $ 707,426
Notes:
(1) Percentage of Direct and Overlapping Debt is based on the 6/30/18 assessed valuation of
the City of Winston-Salem as compared to the 6/30/18 assessed valuation of Forsyth County.
215
