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Get the free www.treasurer.ca.gov20191016staffTHE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE

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Agenda Item No. 7.17 Application No. 17361 THE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE July 19, 2017, Staff Report REQUEST FOR A QUALIFIED PRIVATE ACTIVITY BOND ALLOCATION FOR A QUALIFIED RESIDENTIAL
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The California debt limit is the maximum amount of debt that the state can legally incur.
The state government officials responsible for managing the state's finances are required to file the California debt limit form.
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The purpose of the California debt limit form is to ensure that the state does not take on more debt than it can afford to repay.
The California debt limit form requires information on current outstanding debt, projected future debt obligations, and the state's capacity to repay its debts.
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