|
City of Elk River
<br />Ratios of General Bonded Debt Outstanding
<br />Last Ten Fiscal Years
<br />Table 12
<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 />Capacity`
<br />Capita'
<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 />-
<br />12,746,770
<br />53.01%
<br />512
<br />2019
<br />13,076,667
<br />1,553,879
<br />-
<br />11,522,788
<br />44.31%
<br />456
<br />2020
<br />26,676,667
<br />7,510,704
<br />-
<br />19,165,963
<br />68.89%
<br />749
<br />2021
<br />24,646,667
<br />2,019,928
<br />-
<br />22,626,739
<br />76.94%
<br />876
<br />2022
<br />23,410,000
<br />1,915,672
<br />-
<br />21,494,328
<br />68.06%
<br />814
<br />Note: Details regarding the city's outstanding debt can be found in the notes to the financial statements.
<br />1 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 />165
<br />
|