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Agenda Item No. 5.1 Application No. 18365 THE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE June 20, 2018, Staff Report REQUEST FOR A QUALIFIED PRIVATE ACTIVITY BOND ALLOCATION FOR A QUALIFIED RESIDENTIAL
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The California debt limit refers to the legal limit on the amount of debt that the state of California can incur.
State agencies or departments that are authorized to issue debt are required to file the California debt limit form.
The form must be completed with accurate financial information regarding current and projected debt levels.
The purpose of the form is to ensure that the state of California does not exceed its legal debt limit.
The form requires reporting of current debt levels, projected debt issuances, and any additional debt-related information.
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