Table 13 Statutory Debt Total G.O. Less: Funds Capacity (5% As of Debt Available for Net Debt Equalized of Equalized December 31 Outstanding Debt Service Outstanding Value Value) 2007 39,203,699 $ 755,543 $ 38,448,156 $ 1,121,216,100 $ 56,060,805 $ 2008 42,986,579 451,144 42,535,435 1,201,077,100 60,053,855 2009 44,491,669 274,202 44,217,467 1,211,359,700 60,567,985 2010 42,183,267 179,045 42,004,222 1,171,676,800 58,583,840 2011 40,311,373 311,598 39,999,775 1,253,337,400 62,666,870 2012 38,211,243 129,424 38,081,819 1,118,660,700 55,933,035 2013 41,065,239 216,797 40,848,442 1,095,444,400 54,772,220 2014 38,142,797 177,646 37,965,151 1,148,445,000 57,422,250 2015 37,404,508 156,655 37,247,853 1,193,069,400 59,653,470 2016 37,861,446 424,568 37,436,878 1,243,562,300 62,178,116 Net Debt Ratio of Net Net Debt Per $1,000 As of Debt to Debt Per of Equalized December 31 Capacity Population Capita Value 2007 68.58% 11,380 3,379 $ 34.29 $ 2008 70.83% 11,420 3,725 35.41 2009 73.00% 11,450 3,862 36.50 2010 71.70% 11,470 3,662 35.85 2011 63.83% 11,480 3,484 31.91 2012 68.08% 11,465 3,322 34.04 2013 74.58% 11,464 3,563 37.29 2014 66.12% 11,467 3,311 33.06 2015 62.44% 11,519 3,234 31.22 2016 60.21% 11,549 3,242 30.10 Source: Village of Grafton Annual Financial Reports; State of Wisconsin Department of Administration, Demographic Services Center; and State of Wisconsin Department of Revenue, Bureau of Property Tax. Note: Equalized value is used instead of assessed value due to the fact that the statutory debt capacity in Wisconsin is based on equalized value. Note: Personal income information is not available. VILLAGE OF GRAFTON, WISCONSIN RATIO OF NET GENERAL OBLIGATION DEBT TO EQUALIZED VALUE LAST TEN FISCAL YEARS 150