Comparison of Household Debt – US Government vs. Manitowoc Public School District

Item Amount Source

US Gov. Debt (12/31/2005) $8,170,424,541,313.62 www.publicdebt.treas.gov
US Gov. Debt (09/28/2000) $5,674,178,209,886.86 www.publicdebt.treas.gov
Increase 2000-2005 $2,496,246,331,426.76 Calculated

MPSD Total Debt (01/04/2006) $21,125,000.00 Manitowoc Public School District
School Lunch Referendum (2004) $1,400,000.00 Manitowoc Public School District
School Building Referendum (1997) $25,000,000.00 Manitowoc Public School District

US Households (2000 Census) 105,480,101 census.gov
Manitowoc County Population 82,887 census.gov
Manitowoc County Households 32,731 census.gov
MPSD Population (Estimated) 39,500 Manitowoc Public School District
MPSD Households (Estimated) 15,598 Calculated

US Debt per Household (12/31/2005) $77,459.39 Calculated
US Debt per Household (09/28/2000) $53,793.83 Calculated
Increase 2000-2005 $23,665.57 Calculated
2008 US Debt per Household (Estimated) $91,658.73 Estimated

MPSD Total Debt per Household $1,354.34 Calculated
School Lunch Debt per Household $89.75 Calculated
School Building Debt per Household $1,602.77 Calculated

Prepared by Ronald Kossik.
Presented to US Rep. Thomas Petri at Manitowoc City Hall.
January 4, 2006
www.kossik.com