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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 />2003 2004 2005 2006 <br />$ 25,024,436 $ 28,616,070 $ 30,698,674 $ 34,686,356 <br />5,350,000 5,169,000 <br />4,845,000 4,332,000 <br />$ 19,674,436 $ 23,447,070 $ 25,853,674 $ 30,354,356 <br />Total net debt applicable to the limit <br />as a percentage of debt limit 21.38% 18.06% 15.78% 12.49% <br />106 <br />