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NORTH CAROLINA MUNICIPAL COUNCIL, INC. <br /> Incorporated Not For Profit <br /> 204 RALEIG~I BUILDING - P.O. BOX 1:591 <br /> RALEIGII, NORTlt CAROLINA 27602- 1391 <br /> <br />March 20, 1996 <br /> <br />Report No. 217-HH <br /> <br />CABARRUS COUNTY <br />NORTH CAROLINA <br /> <br />County seat <br />Concord <br />Land area 364 sq. mi. <br /> <br />Assessed Valuation for <br /> <br />(Council Rating - 87) <br /> <br />Popul~ion - 1970 74,629 <br /> 1980 85,895 <br /> 1990 98,935 <br /> ~st.) 1994 107,216 <br /> <br />1992-93 $ 4,538,978,021 <br />1993-94 4,818,592,143 <br />1994-95 5,128,291,178 <br />1995-96 Real Prope~y $4,139,551,057 <br />Personal Prope~y 1,256,574,281 <br /> Public Service Companies 148,238,012 <br /> <br />$ 5,544,363,350 <br /> <br /> Real prope~ywasreappralsedfor1995taxation andislisted at l00%ofthe 1995 appraised <br />value. <br /> <br />Indebtedness (1-26-1996) <br />Bonds- General <br /> School <br /> Water <br />Installment Obligations <br /> <br /> Sinking Funds <br /> <br />$ 1,827,766 <br /> 25,497,746 <br /> 11,574,488 <br /> 26,808,472 <br /> $ 65,708,472 <br /> None <br /> <br />Net Debt (1.19%) <br /> <br />$ 65,708,472 <br /> <br /> Per capita gross debt (Countywide only) $ 613 <br /> <br />NOTE - We are not deducting the water bonds from gross debt inasmuch as water revenue is limited and no <br /> profits are contemplated to be available for the debt service requirements. <br /> <br /> <br />