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Comprehensive Annual Financial Report 12/31/2001
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Comprehensive Annual Financial Report 12/31/2001
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Comprehensive Annual Financial Report
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12/31/2001
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CITY OF LINO LAKES, MINNESOTA <br />COMPUTATION OF LEGAL DEBT MARGIN <br />December 31, 2001 <br />(Unaudited) <br />Table 10 <br />Market Value <br />Debt Limit Percentage <br />Debt Limit <br />Total Bonded Debt <br />Less: <br />Special Assessment Bonds <br />Revenue Bonds - Enterprise Fund <br />Public Project Revenue Bonds <br />Total Debt Applicable to Debt Limit <br />II lime <br />Legal Debt Margin <br />Ilmm <br />Immo <br />illimm <br />93 <br />2001 <br />$ 903,685,700 <br />2% <br />18,073,714 <br />20,346,430 <br />(10,195,000) <br />(3,465,000) <br />(6,035,000) <br />$ 651,430 <br />$ 17,422,284 <br />2000 <br />$ 775,398,200 <br />2% <br />15,507,964 <br />24,416,450 <br />(13,165,000) <br />(4,340,000) <br />(6,285,000) <br />626,450 <br />$ 14,881,514 <br />
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