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Mendocino
Most Indebted California County
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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).
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Most Indebted County Per Capita in California
Seventh Year in a Row
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Click to See Graphs
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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