Augusta-Richmond County, GA

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1 Series 2016, 2015 Urban, 2014 Urban, 2010 Coliseum, 2010SW, 2004SW The Legal Debt Margin of the Consolidated Government- Computation of Legal Debt Margin (inthousands) Assessed Value of taxable property 4,785,548 Debt Limit (10% of Assessed Value) 478,555 Amount of Debt Applicable to Debt Limit 26 Legal Debt Margin $478,529 Series 2016, 2015 Urban, 2014 Urban, 2010SW, 2004SW Property Tax Data-The Assessed and Estimated Actual Value of Taxable Property within the Consolidated Government General Maintenance & Maintenance & Calendar Real & Public Motor Mobile Gross Bond Obligation Bond Operation Operations Estimated Year Personal Property Utilities Vehicles Homes Tax Digest Exemptions Tax Digest Exemptions Tax Digest Actual Value ,349,519, ,601, ,290,850 16,044,366 5,711,456, ,732,129 5,161,724, ,907,644 4,785,548,532 14,278,640,440 Series 2016, 2015 Urban, 2014 Urban, 2010 Coliseum, 2010SW, 2004SW Rate of Levy of Property Taxes (in mills) per $1,000 of Assessed Value, or Millage Rates, of the Consolidated Government and all Overlapping Governments which Levied Property Taxes Calendar Maintenance Debt Capital District Fire Blythe Fire County School State of Inside USD Outside USD Year & Operation Service Outlay ("USD") District District System Georgia Total Total Series 2016, 2015 Urban, 2014 Urban, 2010 Coliseum, 2010SW, 2004SW Property Tax Levies and Collections of the Consolidated Government Tax Collections Percentage of Delinquent Taxes Collection of Percentage of Outstanding Calendar Current Prior Current Year's Total Tax Collections as of Year Tax Levy Year's Levy Years Total Levy to Tax Levy to Tax Levy Year End ,638,065 41,837,481 na $41,837, ,800,584 Series 2016, 2015 Urban, 2014 Urban, 2010 Coliseum, 2010SW Estimated Value of Total Tax Title Executions Owned by the Consolidated Government Estimated Value as of December 31, 2016 $4,800,584

2 Series 2016, 2015 Urban, 2014 Urban, 2010 Coliseum, 2010SW, 2004SW Ten Largest Taxpayers of the Consolidated Government Maintenance & Operation Net Assessed Percent of Net Taxpayer Nature of Business Taxes Levied Valuation Tax Digest 1 PCS Nitrogen Fertilizer Fertilizer $222,092 $95,962, % 2 Georgia Power Company Utilitey 821,969 91,298, International Paper Paper 563,068 74,262, Augusta National, Inc Golf 277,840 59,963, Eli Lilly and Company Pharmaceuticals 421,799 59,329, Fibrant LLC Manufacturing 199,803 54,870, Huntsman Pigment Manufacturing 500,068 44,127, Doctors Hospital of Augusta Hospital 175,333 32,386, Augusta Newsprint Newspaper 219,929 29,483, Berckman Residential Property Residential Real Estate 154,208 21,727, Totals $3,556,109 $563,411, % Summary of Consolidated Government Debt By Category Amount Amount Outstanding Authorized but (less Sinking Fund Category of Debt Unissued Installments Paid) General Obligation Bonds $3,885,000 $26,115,000 Intergovernmental Contracts Solid Waste Management Authority of Augusta (securing its Revenue Bonds) 0 7,775,000 Augusta Urban Redevelopment Agency (securing its Revenue Bonds) 0 39,985,000 Augusta Richmond County Coliseum Authority (securing its Revenue Bonds) 0 17,190,000 Revenue Bonds Water and Sewerage System 0 459,165,000 Augusta Regional Airport 0 10,175,000 Notes 0 15,823,401 Capital Leases 0 19,241,049 Total $3,885,000 $595,469,450

3 Debt Service Requirement of the Consolidated Government Year Water and Augusta Total Debt Ending General Intergovernmental Sewerage Regional Capital Service 12/31 Obligation Contracts System Airport Notes Leases Requirements ,132,083 4,150,200 31,646, ,500 4,017,753 1,664,834 43,478, ,425,000 5,420,850 31,647, ,625 2,179, ,049 42,458, ,675,000 5,417,803 31,647, ,875 1,442, ,381 55,566, ,962,500 15,210,313 31,646, ,125 1,084, ,233 63,990, ,610,556 31,645, ,375 1,084, ,233 38,426, ,612,019 31,646, ,625 1,084, ,233 38,427, ,612,919 31,648, ,750 1,084, ,233 38,432, ,608,919 31,643, ,750 1,084, ,233 38,419, ,610,019 31,642, ,625 1,084, ,233 38,419, ,610,719 31,647, ,500 1,084, ,233 38,414, ,578,119 31,647, ,250 1,084, ,233 38,384, ,600,544 31,644, ,625 1,084,205 17,109,233 55,287, ,611,019 31,643, ,625 1,084,205-38,188, ,614,669 31,665, ,125 1,084,205-38,212, ,196,319 30,239, , ,248-34,142, ,195,850 30,238, , ,106-33,828, ,196,013 29,179, ,125 91,517-32,310, ,194,063 27,292, , ,332, ,293, , ,138, ,293, ,293, ,286, ,286, ,291, ,291, ,291, ,291, ,547, ,547, ,557, ,557, ,265, ,265,025 TOTAL 33,194,583 85,050, ,840,712 16,259,625 21,067,478 21,983, ,396,672 Overlapping Debt Percent of Outstanding Debt Amount of Amount of Chargeable to Authorized Outstanding Debt Property in the Name of Overlapping Entity but Unissued Debt (less Sinking Fund) Consolidated Government Richmond County School District $0 $40,000, % TOTAL $0 $40,000,000 Debt Ratios General Obligation Property Tax Supported Debt Per Capita of the Consolidated Government Year Ended Direct Tax Overlapping Tax Overall Tax December 31 Supported Debt Supported Debt Supported Debt 2016 $0.00 $ $198.37

4 General Obligation Property Tax Supported Debt of the Consolidated Government Expressed as a Percentage of Total Assessed Value of Taxable Property within the Consolidated Government Year Ended Direct Tax Overlapping Tax Overall Tax December 31 Supported Debt Supported Debt Supported Debt % 0.84% 0.84% General Obligation Property Tax Supported Debt of the Consolidated Government Expressed as a Percentage of Total Estimated Market Value of Taxable Property within the Consolidated Government Year Ended Direct Tax Overlapping Tax Overall Tax December 31 Supported Debt Supported Debt Supported Debt % 0.28% 0.28% General Obligation Property Tax Supported Debt of the Consolidated Government Expressed as a Percentage of per Capita Income in Richmond County Year Ended Direct Tax Overlapping Tax Overall Tax December 31 Supported Debt Supported Debt Supported Debt % 0.53% 0.53% Debt History of the Consolidated Government Amount Outstanding as of December 31, Category of Liabilities 2016 Short - Term $37,232,884 Long - Term 756,996,800 Total $794,229,684 Annual Tax Levy and Limitation on Annual Tax Levy of the Consolidated Government Gross Tax Cap Urban Services Fire Protection General Fund Fund Fund 1979 Millage Rate Millage Rate at 7% Growth Prior Year Digest (in 000,000's) $4,707 $883 $3,718 Current Year Digest (in 000,000's) $4,787 $883 $3,787 Gross Tax Cap Tax Cap Available After Sales Tax Credit Urban Services Fire Protection General Fund Fund Fund Gross Tax Cap Sales Tax Credit Tax Cap Available After Sales Tax Credit

5 Tax Cap Available After Sales Tax Credit Less Total Millage Urban Services Fire Protection General Fund Fund Fund Tax Cap Available After Sales Tax Credit Less Net Millage Rate Less Capital Outlay Millage Tax Cap Available After Sales Tax Credit and Less Total Millage Utilization of Tax Cap Urban Services Fire Protection General Fund Fund Fund $ Amount Available to be levied Under Tax Cap $4,002 $15,126 $3,437 and not assessed in XXXX (000's) % of Tax Cap Utilized in XXXX 95.2% 38.3% 70.2% CONSOLIDATED GOVERNMENT FINANCIAL INFORMATION-General Fund Fiscal Year Ended December 31, 2016 Revenues Taxes-Property $52,253,395 Taxes-Other than Property 58,387,578 Licenses and Permits 1,626,614 Use of Money and Property Charges for Current Services 20,276,802 Fines and Forfeitures 5,012,033 Intergovernmental 7,018,636 Contributions and Donations Other 1,669,350 Total Revenues 146,244,408 Expenditures General Government 37,901,455 Judicial 19,424,233 Public Safety 60,285,013 Public Works 4,560,057 Health and Welfare 2,366,803 Culture and Recreation 13,459,396 Housing and Development 1,478,483 Total Expenditures 139,475,440 Excess of Revenues Over (Under) Expenditures 6,768,968 Other Financial Sources (Uses) Transfers In 2,326,810 Transfers Out 5,895,118 Proceeds from the sale assets 212,931 Total Other Financing Sources (Uses) (3,355,377) Net Change in Fund Balance 3,413,591 Fund Balance, Beginning of Year 27,013,681 Fund Balance, End of Year $30,427,272

6 Consolidated Government General Fund-Statement of Revenues, Expenditures and Changes in Fund Balances Fiscal Year Ended December Total Revenues $146,244,408 Total Expenditures 139,475,440 Excess of Revenues Over (Under) Expenditures 6,768,968 Other Financial Sources (Uses) (3,355,377) Excess of Revenues and Other Financing Sources Over (Under) Expenditures and Other Financing Uses $3,413,591 Capital Assets-Consolidated Government s Investment in Capital Assets for its Government Activities Fiscal Year Ended December 31 Function and Activity 2016 Land $100,000 Site Improvements 5,765 Buildings 24,995 Building Improvements 77,763 Vehicles 1,196,312 Machinery and Equipment 431,246 IT - Hardware 684,505 IT - Software 205,711 Furniture and Fixtures 0 Other Capital 0 Infrastructure 0 Construction in Progress - Additions 56,976,956 Construction in Progress - Placed into Service 99,959 Total $59,603,294

7 Employee Benefits-Contributions to Defined-Benefit Pension Plans Fiscal Year Ended December Plan Employee Contributions $7,121 Employer Contributions 242,708 General Pension Plan Employee Contributions Employer Contributions 0 Policemen's Pension Plan Employee Contributions Employer Contributions 0 Firemen's Pension Plan Employee Contributions Employer Contributions 23,523 City Employees' Pension Plan Employee Contributions Employer Contributions 172,871 General Retirement Plan Employee Contributions $127,008 Employer Contributions 2,381,619 GMEBS Employee Contributions $3,861,596 Employer Contributions 5,375,663 Membership in Defined-Benefit Pension Plans Terminated Plan Retirees and Members Entitled to Beneficiaries But Not Yet Active Plan Receiving Benefits Receiving Benefits Members 1945 Plan Policemen's Pension Plan Firemen's Pension Plan City Employees' Pension Plan General Retirement Plan GMEBS ,316 Total ,364, 2010SW Present Coverage for the Consolidated Government Amount Type in Force Building and Contents $764,744,627 Employee Blanket Bond $100,000 Public Official Bond for each Commissioner $10,000 Limits of Liability Type Each Occurrence Aggregate Public Official Liability 2,000,000 none

8 , 2010SW Consolidated Government's Self-Insured Retention and Excess Liability Insurance Coverage Excess Liability Insurance Self-Insured Retention Limits of Liability Type Each Occurrence Aggregate Each Occurrence Aggregate Workers' Compensation $1,000,000 nonve $1,000,000 none Series 2016, 2015 Urban, 2014 Urban, 2010 Coliseum, 2010SW, 2004SW Consolidated Government's General Fund Tax Revenues by Sources Fiscal Year Ad Valorem Intangible Local Option Franchise Alcoholic Beverage and Real Estate Other Ended Property Tax Tax Sales Tax Tax Mixed Drink Tax Tax Taxes Total ,157, ,883 29,330,350 24,481,414 3,320, , ,493,925 Series 2016, 2015 Urban, 2014 Urban, 2010 Coliseum, 2010SW Analysis of Funding Progress of Defined Benefit Pension Plans (Funded) Unfunded Actuarially Accrued (Funded) Unfunded Liability as a Actuarial Value Actuarially Actuarially Percentage of Actuarial Valuation Date of Assets Accrued Liability Accrued Liability Funded Ratio Covered Payroll Covered Payroll General Retirement Plan 1/1/2016 $66,255,933 $84,930,908 $18,674, % $2,906, % GMEBS 1/1/2016 $121,623,343 $150,150,708 $28,527, % $93,424, % 1945 Plan 1/1/2016 $5,938,513 $7,162,067 $1,223, % $142, % General Pension Plan 1/1/2016 $0 $0 $0 Policemen's Pension Plan 1/1/2016 $0 $0 $0 Firemen's Pension Fund 1/1/2016 $0 $174,678 $174,678 City Employees' Pension Fund 1/1/2016 $0 $660,503 $660,503

9 Series 2010SW, 2004SW Rates and Charges of the Solid Waste Facility Waste and Recycling Fees Type of Disposal Rates MSW, C&D, Special Waste Solid Waste Disposal (0 to 1,999 TPM) $33.50 Per Ton Solid Waste Disposal (2,000-4,999 TPM) Per Ton Solid Waste Disposal (5,000-9,999 TPM) Per Ton Solid Waste Disposal (10,000 or greater TPM) Per Ton Inert Waste Disposal Per Ton Beneficial Use Per Ton Asbestos Per Cubic Yard Non-Profit Organizations Waste Disposal (with Administrator's approval) Per Ton Metal 0.00 Per Ton Tires (17 inch or smaller) 3.00 Each Tires (Larger than 17 inch) 8.00 Each Tires (Truck Load, Off Road, Agricultural) Per Ton Mulch Purchase (Commercial) Per Ton Recycling 0.00 Per Load TPM = Tons Per Month Service Fees Equipment Assistance $ Per Hour Refrigerant Removal Each Unloading/ Re-loading Assistance Per Hour Grinding (Vegatative) per Ton Administrative Fees Annual Permit $ Per Vehicle Credit Card Convenience Fee 3.00% Environmental Recovery Fee 3 (Applied to all charges less State Solid Waste Surcharge) Minimum Charge/ Non-Commercial $5.00 Minimum Charge/ Commercial 1 Ton Minimum Finance Charge $1.50 Non-Secured Loads/ Non-Commercial $25.00 Each Occurrence Non-Secured Loads/ Commercial $75.00 Each Occurrence Fuel Recovery Fee The State Solid Waste Surcharge will be added Series 2010SW, 2004SW Top Ten Customers of the Solid Waste Facility Name Tons Revenue 1 Advanced Disposal - Commercial 132, $2,936, Waste Mangement 55, ,467, Inland Waste Solutions - Residential 38, ,400, Advanced Disposal - Residential 29, , City of Sandersville 15, , One Time Customers - Cash 60, , Pyramex Ceramics 26, , Inland Waste Solutions - Commercial 7, , Precision Waste Services 7, , Big Dog Disposal Services 5, ,362.39

10 Series 2016, 2015 Urban, 2014 Urban Insurance Coverage of the Consolidated Government Present Coverage for the Consolidated Government Amount Type in Force Building and Contents $764,744,627 Employee Blanket Bond $100,000 Public Official Bond for each Commissioner $10,000 Limits of Liability Type Each Occurrence Aggregate Public Official Liability 2,000,000 none, 2010SW Consolidated Government's Self-Insured Retention and Excess Liability Insurance Coverage Excess Liability Insurance Self-Insured Retention Limits of Liability Type Each Occurrence Aggregate Each Occurrence Aggregate Workers' Compensation $1,000,000 nonve $1,000,000 none

THOMASVILLE CITY SCHOOLS (CITY)

THOMASVILLE CITY SCHOOLS (CITY) CITY OF THOMASVILLE Employees, Employee Relations, and Labor Organizations of the City For Fiscal Year 2012 (Series 2012 only) The City of Thomasville has approximately