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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
<br />Unamortized
<br />Capital
<br />Less: Amounts
<br />Taxable Market
<br />Fiscal
<br />Obligation
<br />Bond
<br />Equipment
<br />Available in Debt
<br />Value of
<br />Per
<br />Year
<br />Bonds
<br />Premiums
<br />Certificates
<br />Service Fund (3)
<br />Total
<br />Property(1)
<br />Capita(2)
<br />2013
<br />$ 35, 030, 000
<br />$ -
<br />$ 635,000
<br />$ 4,963,143
<br />$ 30, 701, 857
<br />1.88%
<br />$ 1,263
<br />2014
<br />30,615,000
<br />-
<br />1,450,000
<br />1,914,472
<br />30,150,528
<br />1.86%
<br />1,209
<br />2015
<br />27, 060, 000
<br />-
<br />1,310,000
<br />1,721,796
<br />26, 648, 204
<br />1.43%
<br />1,041
<br />2016
<br />27,120,000
<br />-
<br />1,165,000
<br />1,778,495
<br />26,506,505
<br />1.35%
<br />1,025
<br />2017
<br />26,075,000
<br />-
<br />1,020,000
<br />2,380,281
<br />24,714,719
<br />1.19%
<br />941
<br />2018
<br />25,295,000
<br />-
<br />875,000
<br />2,573,517
<br />23,596,483
<br />1.02%
<br />892
<br />2019
<br />23,165,000
<br />-
<br />725,000
<br />2,749,777
<br />21,140,223
<br />0.85%
<br />781
<br />2020
<br />28,325,000
<br />-
<br />575,000
<br />1,422,444
<br />27,477,556
<br />1.01 %
<br />1,008
<br />2021
<br />25,885,000
<br />795,714
<br />420,000
<br />977,067
<br />26,123,647
<br />0.90%
<br />935
<br />2022
<br />34, 895, 000
<br />1,951,694
<br />260,000
<br />713,656
<br />36, 393, 038
<br />1.13%
<br />1,276
<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.
<br />149
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