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CITY OF LINO LAKES, MINNESOTA <br />Legal Debt Margin Information <br />Last Ten Fiscal Years <br />Debt limit <br />Total net debt applicable to limit <br />Legal debt margin <br />Table 11 <br />Fiscal Year <br />2001 2002 2003 2004 <br />$ 18,073,714 $ 20,688,642 $ 25,024,436 $ 28,616,070 <br />5,836,430 5,479,450 <br />5,350,000 5,169,000 <br />$ 12,237,284 $ 15,209,192 $ 19,674,436 $ 23,447,070 <br />Total net debt applicable to the limit <br />as a percentage of debt limit 32.29% 26.49% 21.38% 18.06% <br />104 <br />