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CITY OF LINO LAKES, MINNESOTA
<br />SCHEDULE OF GENERAL LONG - TERM DEBT
<br />December 31, 1994
<br />Statement 20
<br />Amount Available And To Be Provided For The
<br />Retirement of Long -Term Debt:
<br />Amount available in Debt Service Fund
<br />Amount to be provided - future tax levies/assessments/tax increment collections
<br />Total available and to be provided
<br />General Long -Term Debt Payable:
<br />December 31,
<br />1994 1993
<br />$1,635,861 $4,086,918
<br />5,792,708 5,887,201
<br />$7,428,569 $9,974,119
<br />Bonds payable:
<br />General Obligation Bonds:
<br />1989A Equipment Certificates $ - $60,000
<br />1989B Equipment Certificates 60,000 120,000
<br />1990A Equipment Certificates 18,500 36,000
<br />1991A Equipment Certificates 45,000
<br />1992 Equipment Certificates 50,000 150,000
<br />1994 Equipment Certificates 150,000 -
<br />Public Project Revenue Bonds - 1990A 1,115,000 1,115,000
<br />Total general obligation bonds 1,393,500 1,526,000
<br />Special assessment bonds:
<br />G. O. Improvement Bonds of 1988A 500,000 655,000
<br />G. O. Improvement Bonds of 1991A - 4,260,000
<br />G. O. Improvement Bonds of 1992A 3,340,000 3,490,000
<br />G. O. Temporary Improvement Bonds of 1994A 2,095,000 -
<br />Total special assessment bonds 5,935,000 8,405,000
<br />Total bonds payable 7,328,500 9,931,000
<br />Assessments payable on City property 10,510 10,510
<br />Compensated absences payable 89,559 30,188
<br />Capital lease:
<br />Phone voice mail 2,421
<br />Total general long -term debt $7,428,569 $9,974,119
<br />68
<br />amla
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