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CITY OF LAKE ELMO, MINNESOTA <br />RATIOS OF OUTSTANDING DEBT BY TYPE <br />LAST TEN YEARS <br /> <br /> <br />122 <br />Business-Type <br />Activities <br />G.O.G.O.G.O. Capital Other Total G.O. Utility Percentage <br />Fiscal Improvement Equipment Improvement Notes and Governmental Revenue Total Primary of Personal Per <br />Year Bonds Certificates Plan Bonds Bonds Activities Bonds Government Income Capita <br />2015 8,095,288$ -$ 1,687,803$ 21,219$ 9,804,310$ 12,622,484$ 22,426,794$ 6.0%2,779 <br />2016 10,210,038 - 1,537,530 - 11,747,568 18,990,395 30,737,963 8.4%3,809 <br />2017 14,151,671 - 1,382,249 - 15,533,920 22,866,787 38,400,707 8.4%3,990 <br />2018 13,185,126 940,000 1,226,928 926,000 16,278,054 21,680,126 37,958,180 6.7%3,608 <br />2019 14,697,425 940,000 1,065,000 926,000 17,628,425 21,520,145 39,148,570 6.0%3,525 <br />2020 13,159,432 850,000 900,000 881,000 15,790,432 20,105,366 35,895,798 4.7%3,167 <br />2021 26,839,553 755,000 730,000 - 28,324,553 22,841,659 51,166,212 5.5%4,043 <br />2022 29,385,678 655,000 555,000 1,010,000 31,605,678 29,470,720 61,076,398 5.7%4,519 <br />2023 30,806,965 555,000 375,000 1,010,000 32,746,965 29,197,925 61,944,890 5.6%4,414 <br />2024 31,345,000 $450,000 190,000 930,000 $32,915,000 26,270,000 59,185,000 5.3%4,171 <br />Details regarding the City's outstanding debt can be found in the notes to the financial statements. <br />See the Demographic and Economic Statistics schedule for personal income and population data. <br />Governmental Activities <br /> <br />