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Agenda Item No. 6.16 Application No. 16547 THE CALIFORNIA DEBT LIMIT ALLOCATION COMMITTEE December 14, 2016, Staff Report REQUEST FOR A QUALIFIED PRIVATE ACTIVITY BOND ALLOCATION FOR A QUALIFIED RESIDENTIAL
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Gather all necessary documents, including the California debt limit form.
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Fill out your personal information such as name, address, and Social Security number.
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List all of your debts, including the amount owed and creditor information.
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Individuals who are residents of California and are looking to ensure their total debts do not exceed the state's limit.
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The California debt limit is the maximum amount of debt that the state of California is legally allowed to incur.
Government entities and agencies in California are required to file the California debt limit.
To fill out the California debt limit, entities must provide detailed information about the amount of debt incurred, the purpose of the debt, and other relevant financial details.
The purpose of the California debt limit is to prevent the state from accumulating an unsustainable amount of debt.
Information such as the amount of debt incurred, the purpose of the debt, and the current debt limit must be reported on the California debt limit form.
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