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Comprehensive Annual Financial Report 12/31/1995
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Comprehensive Annual Financial Report 12/31/1995
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Audit Report 12/31/1995
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CITY OF LINO LAKES, MINNESOTA <br />SCHEDULE OF REVENUE BOND COVERAGE <br />WATER AND SEWER FUNDS <br />Last Ten Years <br />(Unaudited) <br />Table 11 <br />Net Revenue <br />Available <br />Fiscal Gross Operating for Debt <br />Year Revenues (1) Expenses (2) Service Principal Interest Total Coverage <br />1986 $65,039 $58,797 $6,242 $ - $ - $ - <br />1987 88,422 93,756 (5,334) - <br />1988 135,398 101,189 34,209 <br />1989 192,244 151,549 40,695 <br />1990 254,595 288,170 (33,575) <br />1991 331,564 339,150 (7,586) <br />1992 452,020 399,568 52,452 57,632 57,632 0.91 <br />1993 636,858 509,815 127,043 74,950 74,950 1.70 <br />1994 778,053 529,261 248,792 25,000 65,680 90,680 2.74 <br />1995 952,435 593,331 359,104 40,000 63,718 103,718 3.46 <br />(1) Total revenues. <br />(2) Total expenditures exclusive of depreciation. <br />122 <br />
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