Excepting emergencies as defined and declared by resolution of County Council, the amount of inside millage debt issued should be limited to the total of the following calculations:
(a) The current debt leeway within the unvoted direct debt limitation, plus the sum of any reserves that are in the County's debt service funds; less the sum of:
(1) Any issue that has been exempted from the unvoted direct debt limitation for any reason other than that the debt service has been, or is expected to be in accordance with statute, paid from sources other than the inside millage of the County;
(2) Any matured and unredeemed principal and interest; and
(3) In 1990 and subsequent years, any amount that still exists as a deficit in the Human Services Fund. The "Human Services Fund" shall be defined as the accumulated variance between the County's share of annual costs for human services' programs and the amount actually paid by the County against such obligations.
(Ord. 88-388. Approved 7-25-88.)