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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.
<br />149
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