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OFFICE OF THE STATE AUDITOR CITY: LINO LAKES <br />FUTURE SOLVENCY <br />15. INDICATOR: TREND IN OUTSTANDING BONDED INDEBTEDNESS <br />1983 <br />11/29/88 <br />METRO <br />AVERAGE <br />5 YEAR 5 YEAR <br />1984 1985 1986 1987 % CHANGE % CHANGE <br />general Obligation i <br />S.O. Revenue Bonds $ 0 S 0 S 0 S 0 S 0 54.0% <br />Per Capita 0.00 0.00 0.00 0.00 0.00 <br />As a % of Assessed Valuation .... .... .... .... .... <br />Special Assessment <br />Rands $ 1,035,280 S 958,960 S 2,694,140 S 3,054,320 S 4,194,500 305.2% 6.1 %"- <br />Per Capita 180.68 159.03 426.29 451.42 589.94 <br />As a % of Assessed Valuation 4.2% 3.9% 10.5% 11.2% 14.0% <br />Tax Increment Financing <br />Bonds S <br />Per Capita <br />As a % of Tax Increment Value <br />0 S 0 5 0 S <br />0.00 0.00 0.00 <br />16. INDICATOR: CURRENT OR CHANGE IN BOND RATING <br />RATING FIRM <br />Moody's <br />Standard and Poor's <br />1983 <br />A <br />OMNI <br />0 S 0 152.3% <br />0.00 0.00 <br />1984 1985 1986 1987 <br />A A A Baal <br />17. INDICATOR: TREND IN CURRENT DEBT SERVICE COSTS <br />(GOVERNMENTAL FUNDS) <br />Debt Service Payments S <br />Percent Change <br />Debt Service as a Percent <br />of Total Revenues <br />5 YEAR <br />METRO <br />AVERAGE <br />5 YEAR <br />_ 1983 1984 1985 1986 1987 % CHANGE % CHANGE-- <br />184,026 S <br />-84.5% <br />13.5% <br />195,180 S <br />6.1% <br />194,299 S <br />-0.5% <br />13.7% 12.1% <br />357,366 S <br />83.9% <br />731,181 <br />104.6% 297.3% 23.0% <br />10.9% 23.2% <br />18. INDICATOR: TREND IN GOVERNMENTAL FUND LIABILITIES <br />METRO <br />AVERAGE <br />5 YEAR 5 TEAR <br />1983 1984 1985 1986 1987 % CHANGE % CHANGE --. <br />Total liabilities S 1,221,302 S 1,065,098 S 2,791,579 S 3,362,376 S 2,672,507 <br />Percent Change 19.4% -12.8% 162.1% 20.4% -20.5% 118.8% -33.5% <br />Liabilities as • Percent <br />of Current Expenditures 110.3% 83.7% 236.1% 227.1% 163.8% <br />8 <br />mmia <br />r <br />