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Fiscal
<br />Year
<br />City of Ramsey
<br />Ratios of General Bonded Debt Outstanding
<br />Last Ten Fiscal Years
<br />General Less: Amounts
<br />Obligation Available in Debt
<br />Bonds Service Fund (3)
<br />2009 $ 26,570,000 $ 2,344,463
<br />2010 24,695,000 2,524,951
<br />2011 30,505,000 5,753,130
<br />2012 36,345,000 5,618,631
<br />2013 35,030,000 4,963,143
<br />2014 30,615,000 1,914,472
<br />2015 27,060,000 1,721,796
<br />2016 27,120,000 1,778,495
<br />2017 26,075,000 2,380,281
<br />2018 25,295,000 2,573,517
<br />Total
<br />$ 24,225,537
<br />22,170,049
<br />24,751,870
<br />30,726,369
<br />30,066,857
<br />28,700,528
<br />25,338,204
<br />25,341,505
<br />23,694,719
<br />22,721,483
<br />Percentage of
<br />Total
<br />Taxable Market
<br />Value of
<br />Propertv(1)
<br />1.02%
<br />1.01%
<br />1.25%
<br />1.61%
<br />1.69%
<br />1.63%
<br />1.27%
<br />1.22%
<br />1.08%
<br />0.94%
<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 />$ 997
<br />937
<br />1,044
<br />1,289
<br />1,237
<br />1,151
<br />990
<br />980
<br />903
<br />859
<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 />145
<br />
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