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CITY OF LINO LAKES <br />GENERAL OBLIGATION DEBT SERVICE REQUIREMENTS AND SOURCES OF FINANCING <br />As of December 31, 1980 <br />Sources of financing: <br />Amount available in Debt Service Fund - <br />Clerk's balance $13,490 <br />Accrued interest receivable 78 <br />Delinquent taxes receivable 1,446 <br />Deferred tax levies 59,865 <br />Less: 5% allowance for uncollectibles (2,850) <br />Total Sources of Financing 72,029 <br />Debt service requirements: <br />Bond principal <br />Future interest <br />Total Debt Service Requirements <br />62,000 <br />5,612 <br />67,612 <br />Excess (Deficiency) of Sources of Financing Over Debt <br />Service Requirements $ 4,417 <br />