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CITY OF LINO LAKES, MINNESOTA <br />Legal Debt Margin Information <br />Last Ten Fiscal Years <br />Table 11 <br />Fiscal Year <br />2002 2003 2004 2005 <br />Debt limit $ 20,688,642 $ 25,024,436 $ 28,616,070 $ 30,698,674 <br />Total net debt applicable to limit 5,479,450 5,350,000 5,169,000 4,845,000 <br />Legal debt margin $ 15,209,192 $ 19,674,436 $ 23,447,070 $ 25,853,674 <br />Total net debt applicable to the limit <br />as a percentage of debt limit 26.49% 21.38% 18.06% 15.78% <br />105 <br />