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CITY OF ST. ANTHONY, MINNESOTA
<br />LEGAL DEBT MARGIN INFORMATION Table Il
<br />Last Nine Fiscal Years
<br />i
<br />Leval Debt Martin Calculation for Fiscal Year 2012
<br />Market value
<br />$674,573,657
<br />Debt limit (3% of market value)
<br />20,237,210
<br />Debt applicable to limit:
<br />2009
<br />General obligation bonds
<br />10,700,000
<br />Less: Amount set aside for repayment
<br />2013
<br />of general obligation debt
<br />(1,914,814)
<br />Total net debt applicable to limit
<br />8,785,186
<br />Legal debt margin
<br />$11,452,024
<br />L
<br />(
<br />L
<br />Source: Market Value - Hennepin County and Ramsey County, Minnesota Assessor's Offices
<br />*Debt limit was 2% of market value.
<br />Information is not available for years prior to 2005.
<br />141
<br />2005*
<br />2006•
<br />2007"
<br />2008
<br />2009
<br />2010
<br />2011
<br />2012
<br />2013
<br />Debt limit
<br />$13,406,318
<br />$14,610,820
<br />$17,870,856
<br />$26,094,699
<br />$24,778,098
<br />$23,262,423
<br />$22,184,277
<br />$21,518,115
<br />$20,237,210
<br />Total net debt applicable to limit
<br />4,776,007
<br />4,429,013
<br />4,099,637
<br />5,741,849
<br />5,410,204
<br />5,059,006
<br />4,708,301
<br />9,520,421
<br />8,785,186
<br />Legal debt margin
<br />$8,630,311
<br />$10,181,807
<br />$13,771,219
<br />$24352,850
<br />$19,367,894
<br />$18,203,417
<br />$17,475,976
<br />$11,997,694
<br />$11,452,024
<br />Total net debt applicable to the limit as a
<br />percentage of debt limit
<br />35.63%
<br />30.31%
<br />22.94%
<br />22.00%
<br />21.83%
<br />21.75%
<br />21.22%
<br />4424%
<br />4341%
<br />L
<br />(
<br />L
<br />Source: Market Value - Hennepin County and Ramsey County, Minnesota Assessor's Offices
<br />*Debt limit was 2% of market value.
<br />Information is not available for years prior to 2005.
<br />141
<br />
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