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CITY OF LAKE ELMO, MINNESOTA
<br />RATIOS OF NET GENERAL BONDED DEBT
<br />LAST TEN YEARS
<br />
<br />
<br />121
<br />
<br />
<br />
<br />Percentage
<br />G.O.G.O.G.O. Capital Other G.O. Utility Less: Amounts Net General of Actual
<br />Fiscal Improvement Equipment Improvement Notes and Revenue Available in Debt Bonded Debt Taxable Value Per
<br />Year Bonds Certificates Plan Bonds Bonds Bonds Total*Service Funds Outstanding of Property Capita (Net)
<br />2014 6,919,568$ 52,000$ 1,808,024$ -$ 15,530,642$ 24,310,234$ (691,700)$ 23,618,534$ 2.26%2,927
<br />2015 8,095,288 - 1,687,803 21,219 12,622,484 22,426,794 (2,477,730) 19,949,064 1.68%2,472
<br />2016 10,210,038 - 1,537,530 - 18,990,395 30,737,963 (3,215,590) 27,522,373 2.25%3,411
<br />2017 14,151,671 - 1,382,249 - 22,866,787 38,400,707 (3,524,956) 34,875,751 2.65%3,623
<br />2018 13,185,126 940,000 1,226,928 926,000 21,680,126 37,958,180 (4,461,692) 33,496,488 2.31%3,184
<br />2019 14,697,425 940,000 1,065,000 926,000 21,520,145 39,148,570 (4,716,520) 34,432,050 2.09%3,101
<br />2020 13,159,432 850,000 900,000 881,000 20,105,366 35,895,798 (4,530,993) 31,364,805 1.65%2,824
<br />2021 26,839,553 755,000 730,000 - 22,841,659 51,166,212 (3,893,266) 47,272,946 2.35%3,736
<br />2022 29,385,678 655,000 555,000 1,010,000 29,470,720 61,076,398 (4,535,578) 56,540,820 2.53%4,184
<br />2023 30,806,965 555,000 375,000 1,010,000 29,197,925 61,944,890 (5,026,712) 56,918,178 1.99%4,212
<br />Details regarding the City's outstanding debt can be found in the notes to the financial statements.
<br />See Table 5 for taxable market value
<br />See Table 15 for population data
<br />* Net of crossover debt
<br />General Bonded Debt Outstanding
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