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Fiscal <br />Year <br />2002 $ <br />2003 <br />2004 <br />2005 <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />General <br />Obligation <br />Bonds <br />11,530,000 $ <br />11,745,000 <br />10,500,000 <br />31,380,000 <br />30,990,000 <br />29,675,000 <br />28,235,000 <br />26,570,000 <br />24,695,000 <br />30,505,000 <br />City of Ramsey <br />Ratios of General Bonded Debt Outstanding <br />Last Ten Fiscal Years <br />Less: Amounts <br />Available in Debt <br />Service Fund (3) <br />406,787 <br />1,600,766 <br />1,399,889 <br />2,184,019 <br />1,754,262 <br />2,001,431 <br />2,393,118 <br />2,344,463 <br />2,524,951 <br />5,753,130 <br />155 <br />Total <br />$ 11,123,213 <br />10,144,234 <br />9,100,111 <br />29,195,981 <br />29,235,738 <br />27,673,569 <br />25,841,882 <br />24,225,537 <br />22,170,049 <br />24,751,870 <br />Percentage of <br />Estimated <br />Actual Taxable <br />Value of <br />Propertv(1) <br />0.85% <br />0.67% <br />0.62% <br />1.74% <br />1.52% <br />1.25% <br />1.11% <br />1.01% <br />0.99% <br />1.23% <br />Note: Details regarding the city's outstanding debt can be found in the notes to the basic financial <br />statements. <br />(1) See the Schedule of Assessed Value and Estimated Actual Value of Taxable Property <br />for property value data. <br />(2) Population data can be found in the Schedule of Demographic and Economic Statistics. <br />Per <br />Capita(2) <br />570 <br />488 <br />410 <br />1,269 <br />1,244 <br />1,148 <br />1,072 <br />997 <br />937 <br />1,044 <br />(3) Amount available in Debt Service Fund is as stated on the Governmental Balance Sheet. The Debt Service <br />Fund Balance as stated on the government -wide Statement of Net Assets is net of accrued interest payable and <br />delinquent taxes. <br />