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CITY OF ELK RIVER
<br />RATIOS OF GENERAL BONDED DEBT OUTSTANDING -
<br />LAST TEN FISCAL YEARS
<br />Less
<br />Amounts
<br />Less
<br />Percentage
<br />Net
<br />General
<br />Restricted
<br />Cash with
<br />Net
<br />of Net Bonded
<br />Bonded
<br />Fiscal
<br />Bonded
<br />for Debt
<br />Fiscal
<br />Bonded
<br />Debt to Tax
<br />Debt per
<br />Year
<br />Debt'
<br />Service
<br />Agent
<br />Debt
<br />Capacity2
<br />Capita
<br />2010
<br />$ 18,040,733
<br />$ 3,787,324
<br />$
<br />$ 14,253,409
<br />56.94%
<br />$ 620
<br />2011
<br />17,120,000
<br />3,234,939
<br />13,885,061
<br />57.13%
<br />601
<br />2012
<br />23,286,667
<br />3,044,599
<br />-
<br />20,242,068
<br />93.74%
<br />875
<br />2013
<br />32,141,667
<br />2,329,723
<br />9,712,875
<br />20,099,069
<br />99.50%
<br />860
<br />2014
<br />31,001,667
<br />1,599,852
<br />9,580,144
<br />19,821,671
<br />97.65%
<br />838
<br />2015
<br />28,986,667
<br />1,154,728
<br />9,423,440
<br />18,408,499
<br />86.72%
<br />771
<br />2016
<br />25,728,333
<br />1,556,232
<br />9,284,303
<br />14,887,798
<br />67.58%
<br />611
<br />2017
<br />15,331,667
<br />1,608,880
<br />-
<br />13,722,787
<br />60.01%
<br />559
<br />2018
<br />14,220,000
<br />1,473,230
<br />12,746,770
<br />53.01%
<br />512
<br />2019
<br />13,076,667
<br />1,553,877
<br />11,522,790
<br />44.31%
<br />455
<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 for property value data.
<br />3 Population data can be found in the Schedule of Demographic and Economic Statistics.
<br />(133)
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