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1 <br />1 CITY OF LINO LAKES <br />DEBT SERVICE REQUIREMENTS AND SOURCES OF FINANCING - DEBT SERVICE FUNDS <br />1 As of December 31, 1981 and 1980 <br />II1981 1980 <br />Sources of Financing: <br />1 Amount available in Debt Service Fund $ 26,815 $ 15,014 <br />Deferred tax levies 159,369 59,865 <br />Less: 5% allowance for uncollectibles (7,589) (2,850) <br />IITotal Sources of Financing 178,595 72,029 <br />1 Debt Service Requirements: <br />Principal - bonds and certificates 142,400 62,000 <br />Future interest - bonds and certificates 19,721 5,612 <br />1 Total Debt Service Requirements 162,121 67,612 <br />Excess of Sources of Financing Over Debt Service Requirements $ 16,474 $ 4,417 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />- 37 <br />