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Ten of the Largest Taxpayers in the City
<br /> 1987
<br />• Taxpayer Product/Service Assessed Value
<br />Allied/Bendix Corporation Airplane & Auto Parts $20, 316, 310
<br />Indiana Bel I Telephone Communications I I , 180, 650
<br />A.M. General & Amland Corp. Military Trucks 7, 385, 200
<br />Indiana Michigan Power Company Electric Utility 7,001,510
<br />Now Energy Company Ethanol Plant 6, 92 I , 840
<br />Northern Indiana Public Service Co. Gas Utility 5,083, 170
<br />Scottsdale Mall Retail 3, 780, 520
<br />Ameritech Communications 3, 624, 560
<br />Marriott Hotel 3, 306, 790
<br />AT&T Communications 2, 844, 330
<br />Total $7 I , 444, 880
<br />Represents 16.46% of the City's total taxabie assessed value.
<br />Direct General Obligation Debt of the City
<br />As of July 2, 1988: $ I , 775,-000
<br />Lease-Purchase
<br />As of July 2, 1988: $5, 296, 744*
<br />* To be refunded with proceeds of this Issue.
<br />Leases (As of December 31, 1987)
<br />Payable from Enterprise funds:
<br />Solid Waste Equipment $ 340,000
<br />Sale-Leaseback of Off-Street Parking
<br />Faci I i ties 4, 04 I , 242
<br />Water Utility 31, 239
<br />Total Payable from Enterprise Funds $ 4,412,481
<br />Payable from Governmental Funds:
<br />Police Dept. East Sub Station $ 33,719
<br />County-City Building
<br />Century Center Civic Center 203,834
<br />6, 840, 000
<br />Fire, Polics, EMS, CAD
<br />335
<br />833
<br />Departments Computer ,
<br />636
<br />63
<br />Fire Truck.
<br />Land Contract (Museum) ,
<br />512,486
<br />Master Equipment Lease $ 2, 573, 110
<br />Total Payable from Governmental Funds $ I I , 060, 120
<br />TOTAL LEASE OBLIGATIONS 15 472 601
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