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CITY OF LINO LAKES, MINNESOTA
<br />RATIO OF NET BONDED DEBT
<br />TO ASSESSED VALUE AND NET BONDED DEBT PER CAPITA
<br />Last Ten Fiscal Years
<br />(Unaudited)
<br />Table 8
<br />Ratio of
<br />Less Net Bonded
<br />Net Taxable Gross Cash and Debt to Net
<br />Value of Bonded Investments Net Assessed Bonded Debt
<br />Year Population (1) Property Debt (2) on Hand Bonded Debt Value Per Capita
<br />1995 13,097 $ 7,188,736 $ 1,341,000 $ 135,440 $ 1,205,560 16.77% 92.05
<br />1996 13,756 8,470,611 1,378,000 194,807 1,183,193 13.97% 86.01
<br />1997 14,560 9,399,906 1,415,000 111,834 1,303,166 13.86% 89.50
<br />1998 15,053 10,160,139 6,862,734 721,623 6,141,111 60.44% 407.97
<br />1999 15,760 10,314,573 6,904,570 666,137 6,238,433 60.48% 395.84
<br />2000 16,791 11,595,738 6,911,450 1,271,904 5,639,546 48.63% 335.87
<br />2001 17,386 13,274,044 6,686,430 1,171,357 5,515,073 41.55% 317.21
<br />2002 17,942 10,913,995 6,244,450 1,801,562 4,442,888 40.71% 247.63
<br />2003 18,368 12,688,859 6,030,000 3,078,222 2,951,778 23.26% 160.70
<br />2004 19,000 15,276,466 5,764,000 2,995,633 2,768,367 18.12% 145.70
<br />(1) Population provided from Metropolitan Council except 2000 is Federal Census and 2004 is City Estimate.
<br />(2) Amount excludes tax increment, special assessment, enterprise and EDA bonds.
<br />90
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