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Fiscal
<br />Year
<br />1979
<br />1980
<br />1981
<br />1982
<br />1983
<br />1984
<br />1985 (2) 1,030,850
<br />1986
<br />1987
<br />1988
<br />(1) Includes the
<br />Service Funds
<br />(2) Includes 1981
<br />by the 1985
<br />RATIO OF ANNUAL DEBT SERVICE EXPENDITURES FOR
<br />GENERAL BONDED DEBT TO TOTAL GENERAL EXPENDITURES (1)
<br />LAST TEN FISCAL YEARS
<br />Interest
<br />Principal and Other
<br />$ - $ 18,283 $ 18,283
<br />25,000 73,133 98,133
<br />85,000 159,585 244,585
<br />225,000 243,006 468,006
<br />290,000 290,345 580,345
<br />379,743 291,453 671,196
<br />522,903 1,553,753
<br />515,350 449,275 964,625
<br />956,513 400,000 1,356,513
<br />1,007,806 570,055 1,577,861
<br />CITY OF RAMSEY, MINNESOTA Table 10
<br />Refunding Improvement Bonds.
<br />Ratio of Debt
<br />Service to
<br />Total Debt Total General Total General
<br />Service Expenditures (2) Expenditures
<br />$ 613,733
<br />683,599
<br />790,831
<br />1,376,149
<br />1,660,786
<br />2,005,021
<br />2,741,297
<br />2,367,827
<br />2,780,110
<br />3,540,859
<br />3.0%
<br />14.4
<br />30.9
<br />34.0
<br />34.9
<br />33.5
<br />56.7
<br />40.7
<br />48.8
<br />44.6
<br />General Fund and Special Revenue Funds, and beginning in 1982 the Debt
<br />Improvement Bond principal in the amount of $700,000 refunded in 1985
<br />
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