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Ten of the Largest Taxpayers <br />Taxpayer <br />Target Corporation <br />Lino Lakes Realty LLC <br />Kohl's Department Store <br />Xcel Energy <br />Molin Concrete Products <br />Taylor Corporation <br />Gargaro Properties LLC <br />Marmon /Keystone Corp. <br />Lino Lakes Business Center <br />F &G Inc. <br />Total <br />Type of Property <br />Retail <br />Commercial /Industrial <br />Retail <br />Utility <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial /Industrial <br />Commercial /Industrial <br />Represents 7.0% of the City's 2005 taxable net tax capacity. <br />CITY INDEBTEDNESS <br />Legal Debt Limit <br />Legal Debt Limit (2% of Taxable Market Value) <br />Less: Outstanding Debt Subject to Limit <br />Legal Debt Margin as of May 31, 2006 <br />General Obligation Debt Supported by Taxes* <br />Date <br />of Issue <br />2 -1 -03 <br />3 -31 -03 <br />2 -1 -04 <br />Total <br />Original <br />Amount Purpose <br />$130,000 <br />200,000 <br />274,000 <br />Equipment Certificates <br />Equipment Certificates <br />Equipment Certificates <br />These issues are subject to the statutory debt limit. <br />2005 Net <br />Tax Capacity <br />$ 263,094 <br />240,710 <br />162,956 <br />133,655 <br />112,313 <br />110,926 <br />85,878 <br />80,960 <br />78,802 <br />76,746 <br />$1,346,040* <br />$34,730,280 <br />(4,528,000) <br />$30,202,280 <br />Final <br />Maturity <br />12 -31 -2006 <br />12 -31 -2006 <br />12 -31 -2007 <br />Principal <br />Outstanding <br />As of 5 -31 -06 <br />$ 40,000 <br />85,000 <br />193,000 <br />$318,000 <br />