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Fiscal <br />Year <br />2004 <br />2005 <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br />Governmental Activities <br />General Capital <br />Equipment <br />Certificates <br />Obligation <br />Bonded Debt <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 />36,345,000 <br />35,030,000 <br />City of Ramsey <br />Ratios of Outstanding Debt by Type <br />Last Ten Fiscal Years <br />$ 1,146,000 <br />1,617,000 <br />1,262,000 <br />1,690,000 <br />1,120,000 <br />695,000 <br />335,000 <br />170,000 <br />635,000 <br />Total Primary <br />Government <br />$ 11,646,000 <br />32,997,000 <br />32,252,000 <br />31,365,000 <br />29,355,000 <br />27,265,000 <br />25,030,000 <br />30,675,000 <br />36,345,000 <br />35,665,000 <br />138 <br />Percentage <br />of Personal <br />Income(1) <br />1.55% <br />4.14% <br />4.05% <br />3.46% <br />3.14% <br />2.80% <br />2.64% <br />3.34% <br />5.02% <br />4.69% <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 Demographic and Economic Statistics for personal income and <br />population data. <br />Per <br />Capita(1) <br />$ 525 <br />1,434 <br />1,402 <br />1,301 <br />1,218 <br />1,122 <br />1,058 <br />1,294 <br />1,525 <br />1,467 <br />