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CITY OF LINO LAKES ' <br />SCHEDULE OF DEBT SERVICE REQUIREMENTS AND SOURCES OF FINANCING <br />As of December 31, 1978 <br />1 <br />Sources of financing: <br />Amount available in Debt Service Fund - II <br />Clerk's balance $ 16,150 <br />Delinquent taxes receivable 1,566 <br />Due from General Fund 2,584 I <br />Deferred tax levies - <br />Municipal building bonds 23,300 <br />Less: 5% allowance for uncollectibles (1,110) <br />II <br />Total Sources of Financing 42,490 <br />Debt service requirements: ' <br />Bond principal. - municipal building bonds 40,000 <br />Future interest - municipal building bonds 5,438 <br />Total Debt Service Requirements 45,438 <br />Excess (Deficiency) of Sources of Financing Over Debt <br />Service Requirements $ (21948) , <br />1 <br />1 <br />1 <br />1 <br />i <br />1 <br />1 <br />- 24- <br />