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State debt reimbursement for school bonds

The state reimbursement approved for bonds significantly reduces the cost to local taxpayers. Funding of the state reimbursement plan is supported by legislators and is subject to annual legislative appropriation. The legislature has funded 100 percent of the state’s debt obligation since 1992.

Fiscal year	Eligible for reimbursement	Actual state aid	% of state aid provided

2011	$100,343,345	$100,343,345	100%
2010	$96,507,492	$96,507,492	100%
2009	$94,017,490	$94,017,490	100%
2008	$91,764,563	$91,764,563	100%
2007	$87,524,109	$87,524,109	100%
2006	$81,695,195	$81,695,195	100%
2005	$72,025,177	$72,025,177	100%
2004	$60,592,525	$60,592,525	100%
2003	$51,969,968	$51,969,968	100%
2002	$54,057,200	$54,057,200	100%
2001	$52,098,690	$52,098,690	100%
2000	$64,349,790	$64,349,790	100%
1999	$61,990,844	$61,990,844	100%
1998	$61,639,666	$61,639,666	100%
1997	$62,476,074	$62,476,074	100%
1996	$79,212,669	$79,212,669	100%
1995	$93,742,116	$93,742,116	100%
1994	$98,648,541	$98,648,541	100%
1993	$124,948,218	$124,948,218	100%
1992	$127,245,080	$127,245,080	100%
1991	$123,959,155	$116,276,078	93.80%
1990	$113,923,479	$107,374,886	94.25%
1989	$118,469,048	$110,193,451	93.01%
1988	$118,701,313	$109,472,700	92.23%
1987	$125,272,615	$115,845,000	92.47%
1986	$109,707,936	$106,315,600	96.91%
1985	$93,161,981	$93,161,981	100%
1984	$90,600,074	$90,600,074	100%
1983	$60,772,910	$56,169,700	92.43%
1982	$38,262,156	$38,262,156	100%
1981	$38,380,174	$38,380,174	100%
1980	$30,823,133	$24,081,000	78.13%
1979	$27,868,182	$22,273,300	79.92%
1978	$11,408,304	$11,408,304	100%
1977	$10,107,336	$9,051,600	89.55%
1976	$9,242,312	$8,810,500	95.33%

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