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t , ~ / City of Elk Rivcr
<br />March 13, 2008
<br />' L~~ t, Page 11
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<br /> Debt Service Funds
<br />' The Debt Service funds are used to account for the resources accumulated to repay bond princ ipal and interest. The resources
<br /> generally consist of special assessments levied against benefiting properties, general property t axes or tax incre ments.
<br /> Cash and Final
<br /> Temporary Tota] Bonds Maturity
<br /> Debt Service Fund Investments Assets Outstanding Date
<br /> Improvement Bonds S 686,388 $ 3,106,262
<br /> 1998A G.O. Improvement Bonds $ 145,000 02/O1i09
<br /> 2003A G.O. Improvement Bonds 620.000 02/01/14
<br /> 2005A G.O.ImprovemeotBonds 970,000 02/01/76
<br /> 2007C G.O. Improvement Bonds 3,090,000 D2/O1/IS
<br /> Government Building Bonds 1,017,018 1,055;096
<br /> 1997 City Ha]I and Law Enforcement
<br /> Facility Revenue Refianding Bonds 915,000 02/01/11
<br /> 2002A Public Safety Building Lease
<br /> Revenue Bonds 6,8]5,000 02/01/23
<br /> 1996C G.O. Ice Arena Bonds 995,000 12/01/13
<br /> 2006C G.O. Capital Improvement Bonds 3,220,000 02/01/27
<br /> 20070 EDA G.O. Bonds 10,000,000 02/01/33
<br /> Equipment Certificates 256,659 277,445
<br /> 20050 G.O. Equipment Certificates 440,250 02/01/10
<br /> 2006B G.O. Equipment Certificates 349,600 02/01/11
<br /> 2007B G.O. Equipment Certificates 300,500 02/01/]2
<br /> TIF Bonds ]28,907 128,907
<br /> 2000ll G.O, Tax Increment Refunding Bo nds 1 ]0;000 02/01/10
<br /> 2000A G.O. Tax Increment Bonds
<br />Storm Sewer Revenue Bonds
<br />67,363
<br />73,89] 565,000 02/01/15
<br /> 1994C G_O.Sturm Sewer Revenue Bonds 205,000 ]2/01/09
<br /> Total Debt Service Funds $ 2.156,335 $ 4,641,601 $ 28,740,350
<br /> A summary of non-enterprise fund bonds outs tanding relative to market value and population follows:
<br /> Bonds
<br /> "Paxable Payable in Less Ratio of
<br /> Market llebt Service Amount Nct Debt
<br /> Fiscal Population Value Funds Available Net to Market Net Debt
<br /> Year (I) (2) (3) (4) Debt Value per Capita
<br />' 2007 22,750 $2,012,917,400
<br />2006 22,550 1,786,411,900 $ 28,740,350 S 2,212,b39
<br />13,786,834 2,262,414 $ 26,527,711
<br />77,524,420 1.3 %
<br />0.6 $ 1;166
<br />511
<br /> 2005 21,548 1,540,274,950 19,977,70] 6,595,667 13,382,034 0.9 621
<br /> 2004 20,240 1,310,625,938 20,436,967 5;879,804 14,557,163 2.9 719
<br /> 2003 18,758 ],]55,029,800 22,600,450 5,756,402 16,844,048 3.0 898
<br /> (I) Provided by Ciry
<br /> (2) Provided by County
<br /> (3) Bonds reported in Debt Service funds
<br /> (4) Available fund balance in the Dcbt Service foods
<br />' 9.52.835.9090 Fix 952.835.3261
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