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CITY OF RAMSEY
<br />
<br /> Ratio of Net Bonded Debt
<br /> to Tax Capacity
<br />and Net Bonded Debt per Capita
<br />Last Ten Fiscal Years
<br />
<br />FiscaI Year
<br />
<br /> 1996
<br /> 1997
<br /> 1998
<br /> 1999
<br /> 2000
<br /> 2001
<br /> 2002
<br /> 2003
<br /> 2004
<br /> 2005
<br />
<br /> Debt
<br /> Gross Service Funds
<br />Population (1) Capacity Bonded Debt (2) Available (3)
<br />
<br /> 17,000 $ 8,730,220 $ 5,530,000 $ 315,815
<br /> 17,850 9,818,153 5,110,000 2,099
<br /> 18,600 10,157,436 4,695,000 157
<br /> 19,000 10,747,212 7,125,000 184,373
<br /> 18,510 12,093,332 8,717,000 323,814
<br /> 19,000 13,647,701 13,096,000 566,387
<br /> 19,500 10,916,002 11,959,000 406,787
<br /> 20,800 12,097,502 12,728,000 1,600,766
<br /> 22,200 13,469,954 11,646,000 1,399,889
<br /> 23,008 15,730,566 32,997,000 2,184,019
<br />
<br />O)
<br />
<br /> (2)
<br />
<br />Metropolitan Council estimates, except 2000, which is from the United States Census.
<br />
<br />Amount includes Tax Increment Bonds, Capital Improvement Bonds, and Capital Equipment Certificates
<br />because general property taxes will be used to pay the debt on these issues should other revenue sources
<br />fail to provide adequate amounts.
<br />
<br />(3) Amounts available for repayment of bonded indebtedness in Debt Service Funds.
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<br />-88-
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