In adopting its guidelines, the Council should consider, among other relevant factors:
(a) the growth and stability of the local economy and tax base;
(b) criteria used by major rating agencies related to creditworthiness, including maintenance of a "AAA" general obligation bond rating;
(c) County financial history;
(d) fund balances;
(e) bonded debt as a percentage of the full value of taxable real property;
(f) debt service as a percentage of operating expenditures;
(g) the effects of proposed borrowing on levels of debt per-capita, and the ability of County residents to support such debt as measured by per-capita debt as a percentage of per-capita income;
(h) the rate of repayment of debt principal;
(i) availability of State funds for County capital projects;
(j) potential operation and maintenance costs relating to debt financed projects; and
(k) the size of the total debt outstanding at the end of each fiscal year. (CY 1991 L.M.C., ch. 29, § 2; 1997 L.M.C., ch. 33, § 1.)