Cities Index.
Att 2 - GO Bond Debt Service Tax Rate Calculation

San Mateo City Council
June 15, 2026

Document
Att 2 - GO Bond Debt Service Tax Rate Calculation
Meeting
June 15, 2026
Body
San Mateo City Council
Original file
61 KB
Text extracted from the city's file for reading and search. Open the original on sanmateo.primegov.com. That file is the official record.

Principal Interest Total Debt Service Payment
GO Bonds 2013 Library Debt Service Payment 1,775,000$ 290,350 $ 2,065,350$ Less: use of fund balance 1,000,000$
Adjusted Total 1,065,350$
City of San Mateo Total Net Taxable Assessed Value 39,475,661,302 $ Add: Estimated 3.17% increase 1,251,378,463 $
2026-27 Projected Assessed Value 40,727,039,765 $
GO Bonds Tax Levy 0.00003
City of San Mateo
Schedule of General Obligation Bonds (GO Bonds) Debt Service Fiscal Year 2026-27 Tax Rate Calculation

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