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City of Ramsey
<br />Ratios of General Bonded Debt Outstanding
<br />Last Ten Fiscal Years
<br />Percentage o
<br />f
<br />Estimated
<br />General Less: Amountsctual Taxable
<br />A
<br />alue oPe
<br />FiscalObligationAvailable in DebtVfr
<br />eaBondsService Fund (3)TotalProperty(1)Capita(2)
<br />Yr
<br />2005$31,380,000 $2,184,019 $29,195,981 1.74%$1,269
<br />200630,990,000 1,754,262 29,235,738 1.52%1,244
<br />200729,675,000 2,001,431 27,673,569 1.25%1,148
<br />200828,235,000 2,393,118 25,841,882 1.11%1,072
<br />200926,570,000 2,344,463 24,225,537 1.01%997
<br />201024,695,000 2,524,951 22,170,049 0.99%937
<br />201130,505,000 5,753,130 24,751,870 1.23%1,044
<br />201236,345,000 5,618,631 30,726,369 1.58%1,289
<br />201335,030,000 4,963,143 30,066,857 1.66%1,237
<br />201430,615,000 1,914,472 28,700,528 1.60%1,151
<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 />(3) The City is using governmental fund net position restricted for debt service. We believe this to be the best
<br />amount available to present a consistent net amount when refunding bonds are held for payment, which are not
<br />restricted on entity-wide statements due to conversion for full accrual accounting.
<br />Page 139
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