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City of Ramsey
<br /> Ratios of General Bonded Debt Outstanding
<br /> Last Ten Fiscal Years
<br /> Percentage of
<br /> Total
<br /> General Unamortized Capital Less:Amounts Taxable Market
<br /> Fiscal Obligation Bond Equipment Available in Debt Value of Per
<br /> Year Bonds Premiums Certificates Service Fund(3) Total Property(1) Capita(2)
<br /> 2012 $ 36,345,000 $ $ - $ 5,618,631 $ 30,726,369 1.73% $ 1,289
<br /> 2013 35,030,000 635,000 4,963,143 30,701,857 1.88% 1,263
<br /> 2014 30,615,000 1,450,000 1,914,472 30,150,528 1.86% 1,209
<br /> 2015 27,060,000 1,310,000 1,721,796 26,648,204 1.43% 1,041
<br /> 2016 27,120,000 1,165,000 1,778,495 26,506,505 1.35% 1,025
<br /> 2017 26,075,000 1,020,000 2,380,281 24,714,719 1.19% 941
<br /> 2018 25,295,000 875,000 2,573,517 23,596,483 1.02% 892
<br /> 2019 23,165,000 725,000 2,749,777 21,140,223 0.85% 781
<br /> 2020 28,325,000 575,000 1,422,444 27,477,556 1.01% 1,008
<br /> 2021 25,885,000 795,714 420,000 977,067 26,123,647 0.90% 935
<br /> Note: Details regarding the city's outstanding debt can be found in the notes to the basic financial statements.
<br /> (1)See the Schedule of Assessed Value and Estimated Actual Value of Taxable Property for property value
<br /> 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 amount available to present a consistent net
<br /> amount when refunding bonds are held for payment,which are not restricted on entity-wide statements due to conversion for full accrual accounting.
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