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Investor Presentaiton

Projected Debt Service as a Percent of Projected GF Expenditures The District Maintains A Prudent Debt Policy CIP is monitored and prioritized so that debt service remains under the 12% debt cap ■ Significant focus on debt management ➤ 17% Federally Mandated Debt Limit (G.O and I.T. as a percentage of Local District Revenues) ➤ 12% Debt Ceiling Act (All tax and fee supported debt as a percentage of General Fund expenditures) Projected Annual Debt Service Percentages* (As of September 8, 2015) 12.0% 11.5% 11.0% 10.5% 10.51% 10.0% 9.5% 9.0% Actual 2014 9.93% 9.78% Projected 2015 *Preliminary assumptions, subject to change Source: FY 2014 CAFR and FY 2016 Budget and Financial Plan 10.23% 11.11% 11.75% Projected 2016 Projected 2017 Projected 2018 Projected 2019 District of Columbia 36
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