At December 31, 2009, all property inside the limits of the City of Dunlap was situated within four governmental units, each authorized to incur long-term debt. At that date, net long-term debt of the four units was as follows:
Dunlap County $23,555,000
City of Dunlap 9,444,000
Consolidated School District 14,998,000
Dunlap Library District 1,200,000
Assessed values of property at the same date were as follows: county and library districts, $900,560,000; city, $360,224,000; and school district, $450,280,000.
a. Prepare a Schedule of Direct and Overlapping Debt for the City of Dunlap. (Round the percentages to the nearest whole percent)