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CITY OF LINO LAKES, MINNESOTA
<br />SCHEDULE OF REVENUE BOND COVERAGE
<br />WATER FUND
<br />Last Ten Years
<br />(Unaudited)
<br />Table 11
<br />Net Revenue
<br />Available Interest
<br />Fiscal Gross Operating for Debt and
<br />Year Revenues (1) Expenses (2) Service Principal Fiscal Charges Total Coverage
<br />1993 $ 332,888 $ 169,431 $ 163,457 $ $ 75,350 $ 75,350 2.17
<br />1994 394,245 149,764 244,481 25,000 66,080 91,080 2.68
<br />1995 461,747 177,724 284,023 40,000 64,118 104,118 2.73
<br />1996 466,310 210,778 255,532 50,000 170,881 220,881 1.16
<br />1997 851,173 271,575 579,598 50,000 229,900 279,900 2.07
<br />1998 598,005 237,866 360,139 140,000 225,182 365,182 0.99
<br />1999 604,734 380,928 223,806 205,000 220,910 425,910 0.53
<br />2000 1,039,331 495,183 544,148 210,000 237,612 447,612 1.22
<br />2001 1,173,593 508,649 664,944 155,000 185,250 340,250 1.95
<br />2002 1,082,053 610,751 471,302 245,000 169,685 414,685 1.14
<br />(1) Total Water Fund operating revenues and transfers in.
<br />(2) Total Water Fund expenses exclusive of depreciation, interest on debt and fiscal charges.
<br />94
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