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CITY OF LINO LAKES, MINNESOTA
<br />SCHEDULE OF GENERAL LONG - TERM DEBT
<br />December 31, 1996
<br />Statement 22
<br />Amount Available And To Be Provided For The
<br />Retirement of Long -Term Debt:
<br />Amount available in Debt Service Fund
<br />Amount to be provided - future tax levies/ assessments /tax increment collections
<br />Total available and to be provided
<br />General Long -Term Debt Payable:
<br />December 31,
<br />1996 1995
<br />$341,544 $701,502
<br />8,900,771 6,291,323
<br />$9,242,315 $6,992,825
<br />Bonds payable:
<br />General Obligation Bonds:
<br />1994 Equipment Certificates $ - $75,000
<br />1995 Equipment Certificates 88,000 176,000
<br />1996 Equipment Certificates 225,000 -
<br />Public Project Revenue Bonds - 1990A 1,065,000 1,090,000
<br />Total general obligation bonds 1,378,000 1,341,000
<br />Special assessment bonds:
<br />G. O. Improvement Bonds of 1992A 2,990,000 3,190,000
<br />G. O. Temporary Improvement Bonds of 1994A - 2,095,000
<br />G. O. Improvement Bonds of 1996A 4,685,000
<br />Total special assessment bonds 7,675,000 5,285,000
<br />Total bonds payable
<br />Assessments payable on City property
<br />Contract for deed payable
<br />Compensated absences payable
<br />Total general long -term debt
<br />96
<br />9,053,000 6,626,000
<br />10,510
<br />172,300
<br />189,315 184,015
<br />$9,242,315 $6,992,825
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