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CITY OF RAMSEY
<br />Ratio of Net Bonded Debt
<br />to Tax Capacity
<br />and Net Bonded Debt Per Capita
<br />Last Ten Fiscal Years
<br />Debt
<br />Service
<br />Fiscal Gross Funds
<br />Year Population (1) Capacity Bonded Debt (2) Available (3)
<br />1992 13,269 $ 6,919,514 $ 6,200,000 $ 1,026,767
<br />1993 14,081 6,701,210 7,940,000 3,839,022
<br />1994 14,907 7,049,254 7,490,000 3,904,797
<br />1995 16,388 7,570,986 8,160,000 4,820,572
<br />1996 17,000 8,730,220 5,530,000 315,815
<br />1997 17,850 9,818,153 5,110,000 2,099
<br />1998 18,600 10,157,436 4,695,000 157
<br />1999 19,000 10,747,212 7,125,000 184,373
<br />2000 18,510 12,093,332 8,717,000 323,814
<br />2001 19,000 13,647,701 13,096,000 566,387
<br />(1) Metropolitan Council estimates, except 2000 which is from the United States Census.
<br />(2) Amount includes Tax Increment Bonds, Special Assessment Bonds and Capital Equipment Certificates because
<br />general property taxes will be used to pay the debt on these issues should other revenue sources fail to provide
<br />adequate amounts.
<br />(3) Amounts available for repayment of bonded indebtedness in Debt Service Funds.
<br />-106-
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