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City of Lino Lakes, Minnesota
<br />Management Report, Page 22
<br />Fund Description
<br />General Debt:
<br />1985 Certificates of Indebtedness
<br />1987 Certificates of Indebtedness
<br />Total general debt
<br />Special Assessment Debt:
<br />Improvement Bonds of 1980
<br />Improvement Bonds of 1981
<br />Improvement Bonds of 1982*
<br />Improvement Bonds of 1983
<br />Improvement Bonds of 1984
<br />Temporary Improvement Bonds of 1985
<br />Improvement Bonds of 1986
<br />Temporary Improvement Bonds of 1987
<br />Total special assessment debt
<br />Total - All Debt Service Funds
<br />Fund
<br />Balance
<br />December 31, 1987
<br />Deferred
<br />Revenue Total
<br />Outstanding
<br />Debt
<br />Scheduled
<br />Property
<br />Taxes
<br />Final
<br />Maturity
<br />Date
<br />$ 5,780 $ 922 $ 6,702 $ 37,500 $ 39,000 12/1/88
<br />78,000 78,000 11/1/88
<br />5.780
<br />922
<br />6.702
<br />74,833 34 74,867
<br />20,677 18,833 39,510
<br />356,789 327,424 684,213
<br />6,961 70,880 77,841
<br />10,170 14,585 24,755
<br />232,876 1,347,753 1,580,629
<br />42,532 152,509 195,041
<br />37.625 60.081 97.706
<br />115.500 117.000
<br />20,000
<br />115,000
<br />60,000
<br />24,500
<br />1,850,000
<br />475,000
<br />1,650,000
<br />782,463 1,992,099 2,774,562 4,194,500
<br />12/1/91
<br />2/1/81
<br />10/1/93
<br />119 11/1/94
<br />11/1/88
<br />75,513 2/1/97
<br />9/1/90
<br />75.632
<br />$ 788,243 $1,993,021 $2,781,264 $4,310,000 $ 192,632
<br />* Assets pledged to pay debt of Improvement Bonds of 1986.
<br />Deferred revenue of the preceding
<br />schedule primarily consists of uncollected special
<br />assessments. The preceding schedule composes
<br />and, 2) deferred revenue.
<br />Debt Service Funds
<br />outstanding debt with: 1) fund balance;
<br />should be evaluated at least annually. The following decision
<br />chart summarizes steps to consider.
<br />
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