Series 50: Net Debt To Assessed Valuation

Taken from our Series 50 Online Guide

Net Debt to Assessed Valuation

This ratio compares a municipality’s general obligation debt to the real estate wealth of the community. Since GO bonds are often backed by property taxes, this ratio gives a sense of how able the municipality is to pay its debt.

Example: The City of Richmond wish

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I passed . Got an 84 on my Series 50. Solomon's prep material was pretty good. The practice tests were very helpful too. The numerical examples embedded within the theory really helped with the concepts. Made the material easy to read and understand.

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I haven't taken an exam in about 15 years and I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The material was extremely thorough and comprehensive. The online questions, quizzes and exams were very comparable in difficulty to the actual exam, thus providing the foundation for my success. Thank you for your guidance.

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