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CITY OF LINO LAKES, MINNESOTA <br />RATIO OF ANNUAL DEBT SERVICE EXPENDITURES FOR GENERAL <br />BONDED DEBT TO TOTAL GENERAL EXPENDITURES <br />Last Ten Fiscal Years <br />(Unaudited) <br />Table 5 <br />Percent of <br />Debt Service <br />Interest Total Total Expenditures <br />Fiscal and Debt General Fund to General <br />Year Principal Other Service (1) Expenditures (2) Expenditures <br />1993 $ 177,500 $ 108,276 $ 285,776 S 2,829,202 10.10% <br />1994 282,500 96,268 378,768 3,169,862 11.95% <br />1995 228,500 96,135 324,635 3,557,038 9.12% <br />— 1996 188,000 100,248 288,248 3,966,738 7.27% <br />1997 188,000 106,785 294,785 4,400,087 6.70% <br />1998 190,000 112,201 302,201 5,328,796 5.67% <br />1999 295,734 387,500 683,234 5,237,554 13.04% <br />2000 273,570 318,507 592,077 5,513,148 10.74% <br />2001 472,050 322,503 794,553 5,808,265 13.68% <br />2002 496,980 316,978 813,958 6,213,645 13.10% <br />(1) Excludes tax increment, special assessment, enterprise, and payments on refunded bonds. <br />(2) Includes expenditures of General Fund only. <br />Note: Amounts rounded to the nearest hundred. <br />