|
CITY OF ELK RIVER,MINNESOTA
<br /> RATIOS OF GENERAL BONDED DEBT OUTSTANDING
<br /> LAST TEN FISCAL YEARS
<br /> Less
<br /> Amount Percentage Net
<br /> General in Debt Net of Net Bonded Bonded
<br /> Fiscal Bonded Service Bonded Debt to Tax Debt per
<br /> Year Debt' Funds Debt Capacity Capita'
<br /> 2003 $ 8,612,950 $ 704,885 $ 7,908,065 56.51% $ 421.58
<br /> 2004 8,420,967 791,375 7,629,592 48.90% 376.96
<br /> 2005 8,455,201 813,832 7,641,369 43.86% 354.62
<br /> 2006 11,474,334 860,393 10,613,941 52.84% 470.68
<br /> 2007 17,792,017 861,726 16,930,291 74.71% 730.16
<br /> 2008 18,391,033 1,318,186 17,072,847 67.42% 714.70
<br /> 2009 17,471,716 1,418,700 16,053,016 61.86% 679.26
<br /> 2010 18,040,733 1,164,060 16,876,673 65.03% 734.60
<br /> 2011 17,120,000 1,030,418 16,089,582 66.20% 696.49
<br /> 2012 23,286,667 1,202,093 22,084,574 102.28% 951.10
<br /> Note: Details regarding the city's outstanding debt can be found in the notes to the financial
<br /> statements.
<br /> ' Only includes debt supported by tax levy.
<br /> 2 See the Schedule of Tax Capacity,Market Value and Estimated Actual Value of Taxable
<br /> Property on page 99-100 for property value data.
<br /> 3 Population data can be found in the Schedule of Demographic and Economic Statistics on page 112.
<br /> 106
<br />
|