| Table 12 | ||||||||||||
| CITY OF LAWRENCE, KANSAS | ||||||||||||
| Computation of Direct and Overlapping Bonded Debt – | ||||||||||||
| General Obligation Bonds | ||||||||||||
| December 31, 2005 | ||||||||||||
| Unaudited | ||||||||||||
| Amount | Net General | |||||||||||
| Available in | Obligation | Percentage | Amount | |||||||||
| Bond Issues | Debt Service | Bonded Debt | Applicable | Applicable | ||||||||
| Jurisdiction | Outstanding | Fund | Outstanding | to City | to City | |||||||
| Direct – City of Lawrence | $ | 77,080,000 | $ | 7,774,005 | $ | 69,305,995 | 100 | % | $ | 69,305,995 | ||
| Overlapping: | ||||||||||||
| Douglas County | 24,362,000 | 557,490 | 23,804,510 | 75 | 17,734,360 | |||||||
| Unified School District No. 497 | 44,655,000 | 2,643,003 | 42,011,997 | 87 | 36,550,437 | |||||||
| $ | 146,097,000 | 10,974,498 | 135,122,502 | $ | 123,590,792 | |||||||