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City of Ramsey
<br />Ratios of General Bonded Debt Outstanding
<br />Last Ten Fiscal Years
<br />Percentage of
<br />Estimated
<br />General Less: Amounts Actual Taxable
<br />Fiscal Obligation Available in Debt Value of Per
<br />Year Bonds Service Fund (3) Total Property(1) Capita(2)
<br />2003 $ 11,745,000 $ 1,600,766 $ 10,144,234 0.67% 488
<br />2004 10,500,000 1,399,889 9,100,111 0.62% 410
<br />2005 31,380,000 2,184,019 29,195,981 1.74% 1,269
<br />2006 30,990,000 1,754,262 29,235,738 1.52% 1,244
<br />2007 29,675,000 2,001,431 27,673,569 1.25% 1,148
<br />2008 28,235,000 2,393,118 25,841,882 1.11 % 1,072
<br />2009 26,570,000 2,344,463 24,225,537 1.01% 997
<br />2010 24,695,000 2,524,951 22,170,049 0.99% 937
<br />2011 30,505,000 5,753,130 24,751,870 1.23% 1,044
<br />2012 36,345,000 5,618,631 30,726,369 1.58% 1,289
<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 />(3) Amount available in Debt Service Fund is as stated on the Governmental Funds Balance Sheet.
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