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CITY OF ST. ANTHONY, MINNESOTA
<br />PLEDGED REVENUE COVERAGE
<br />Last Seven Fiscal Years
<br />Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements. Operating
<br />expenses do not include interest, or amortization expenses.
<br />Information is not available for years prior to 2005.
<br />144
<br />Liquor Revenue Bonds
<br />Less
<br />Net
<br />Fiscal
<br />Net Sales
<br />Operating
<br />Available
<br />Debt Service
<br />Year
<br />(Gross Profit)
<br />Expenses
<br />Revenue
<br />Principal
<br />Interest
<br />Coverage
<br />2005
<br />$1,169,359
<br />$766,082
<br />$403,277
<br />$65,000
<br />$32,150
<br />415%
<br />2006
<br />1,362,796
<br />839,959
<br />522,837
<br />70,000
<br />29,619
<br />525%
<br />2007
<br />1,475,679
<br />985,377
<br />490,302
<br />75,000
<br />24,438
<br />493%
<br />2008
<br />1,475,173
<br />1,049,110
<br />426,063
<br />80,000
<br />20,125
<br />426%
<br />2009
<br />1,543,854
<br />1,058,977
<br />484,877
<br />85,000
<br />15,525
<br />482%
<br />2010
<br />1,594,829
<br />1,106,675
<br />488,154
<br />90,000
<br />10,638
<br />485%
<br />2011
<br />1,654,205
<br />1,163,167
<br />491,039
<br />95,000
<br />5,463
<br />489%
<br />Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements. Operating
<br />expenses do not include interest, or amortization expenses.
<br />Information is not available for years prior to 2005.
<br />144
<br />
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