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<br /> CITY OF ELK RIVER, MINNESOTA <br /> RATIOS OF GENERAL B ONDED DEBT OU TSTANDING <br /> LAST TEN FISCAL YEARS <br /> <br /> Less <br /> <br />Amount <br />Percentage <br />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 Capaeity~ Capita <br />1998 $ 700,675 $ 241,900 $ 458,775 3.70% $ 29.20 <br />1999 645,425 282,300 363,125 2.93% 21.95 ' <br />2000 612,450 328,605 283,845 2.15% 17.26 <br />2001 559,925 199,967 359,958 2.47% 20.71 ' <br />2002 8,66],650 584,853 8,076,797 66.39% 446.68 <br />2D03 8,612,950 704,885 7,908,D65 56.51% 421.58 , <br />2004 8,420,967 791,375 7,629,592 48.90°/a 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% 471.73 <br />2007 17,792,017 861,726 16,930,291 74.71% 744.19 <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 />z See the Schedule of Tax Capacity, Market Value and Estimated Actual Value of Taxable <br />Property on page 87-88 for property value data. <br />Population data can be found in the Schedule of Demographic and Economic Statistics on page 100. ' <br /> <br /> <br /> <br /> <br /> <br />94 t <br />