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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 Tax Gross Funds
<br />Year Population (1) Capacity Bonded Debt (2) Available (3)
<br />1989 12,717 $ 7,484,976 $ 6,730,000 $ 2,485,362
<br />1990 12,408 6,222,143. 5,855,000 1,789,823
<br />1991 12,940 6,886,878 5,105,000 1,316,945
<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 />(1) Metropolitan Council estimates, except 1990 which is from the United States Census and beginning with
<br />1996 staff estimates utilized.
<br />(2) Amount includes Tax Increment and Special Assessment Bonds because general property taxes will be used
<br />to pay the debt on these issues should other revenue sources fail to provide adequate amounts.
<br />(3) Amounts available for repayment of bonded indebtedness in Debt Service Funds.
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