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Mendocino County's Debt Section
Choices -


Description

Compared to Other Counties

Basics

Pension Debt

Retiree Healthcare Debt

"Excess Earnings"

Other Debt

Budget Crisis Next 2 Years

Impact of Debt

What Went Wrong

What To Do

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Mendocino
Most Indebted California County

5/20/11: Today I'm releasing my 7th Annual Report comparing debt of California Counties.

The report is available by clicking here - Comparative Debt Measures - California Counties (click for pdf copy - 885KB).

Mendocino has the highest debt per county resident in California

Most Indebted County Per Capita in California
Seventh Year in a Row

Click to See Graphs

Per Capita Percent of
County Budget
Percent of County
Property Tax Income
Debt Payments Debt Payments Debt Payments
Interest Expense Interest Expense Interest Expense
Debt    

Compared to all other Counties in the State (other than the City and County of San Francisco - a totally unique form of government), Mendocino County had per resident (per capita):
    • The highest long term debt
    • The highest annual payments on debt
    • The highest interest expense

In terms of the percentage of total County budget consumed by debt, Mendocino had:
    • Most consumed by interest.
    • Most consumed by total debt payments

In terms of the percentage of County property tax income consumed by debt Mendocino County had:
    • Most consumed by interest
    • Second most consumed by total debt payments

The report is based on the most recent data from the California State Controllers Office (for fiscal year 2009).There are a number of issues with the State Controller's data careful readers should know about. See the report for further information.

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