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CITY OF LINO LAKES <br />GENERAL OBLIGATION DEBT SERVICE REQUIREMENTS AND SOURCES OF FINANCING <br />As of December 31, 1979 <br />Sources of financing: <br />Amount available in Debt Service Fund - <br />Clerk's balance <br />Delinquent taxes receivable <br />Deferred tax levies <br />Municipal building bonds <br />Less: 5% allowance for uncollectibles <br />Total Sources of Financing <br />Debt service requirements: <br />Bond principal - municipal building bonds <br />Future interest - municipal building bonds <br />Total Debt Service Requirements <br />Excess (Deficiency) of Sources of Financing Over Debt <br />.Service Requirements <br />$19, 134 <br />1,361 <br />11,300 <br />(538) <br />31,257 <br />30,000 <br />3,060 <br />33,060 <br />$(1,803) <br />