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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 />2004 2005 2006 2007 <br />Debt limit $ 28,616,070 $ 30,698,674 $ 34,686,356 $ 38,556,150 <br />Total net debt applicable to limit 5,169,000 4,845,000 4,332,000 4,039,000 <br />Legal debt margin $ 23,447,070 $ 25,853,674 $ 30,354,356 $ 34,517,150 <br />Total net debt applicable to the limit <br />as a percentage of debt limit 18.06% 15.78% 12.49% 10.48% <br />106 <br />