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■ <br />CITY OF LINO LAKES, MINNESOTA <br />COMPUTATION OF LEGAL DEBT MARGIN <br />December 31, 1995 <br />(Unaudited) <br />Table 10 <br />1995/1996 1994/1995 <br />— <br />Market Value $501,825,800 $426,554,806 <br />Debt Limit Percentage 2% 2% <br />Debt Limit 10,036,516 8,531,096 <br />.. Total Bonded Debt 7,621,000 8,363,500 <br />Less: <br />Special Assessment Bonds (5,285,000) (5,935,000) <br />Proprietary Bonds (995,000) (1,035,000) <br />Public Project Revenue Bonds (1,090,000) (1,115,000) <br />Cash in related Debt Service Funds (10,712) - <br />Total Debt Applicable to Debt Limit 240,288 278,500 <br />Legal Debt Margin $9,796,228 $8,252,596 <br />Nom <br />11 Nom <br />121 <br />