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CITY OF ST. ANTHONY, MINNESOTA <br />PLEDGED REVENUE COVERAGE <br />Last Ten 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, depreciation, or amortization expenses. <br />Information is not available for years prior to 2005. <br />148 <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 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 />964,663 <br />510,510 <br />80,000 <br />20,125 <br />510% <br />2009 <br />1,543,854 <br />982,863 <br />560,991 <br />85,000 <br />15,525 <br />558% <br />2010 <br />1,594,829 <br />1,032,636 <br />562,193 <br />90,000 <br />10,638 <br />559% <br />2011 <br />1,654,205 <br />1,077,832 <br />576,373 <br />95,000 <br />5,463 <br />574% <br />2012 <br />1,736,060 <br />1,127,368 <br />608,692 <br />- <br />- <br />N/A <br />2013 <br />1,626,398 <br />1,198,064 <br />428,334 <br />- <br />- <br />N/A <br />2014 <br />1,373,473 <br />1,174,675 <br />198,798 <br />- <br />- <br />N/A <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, depreciation, or amortization expenses. <br />Information is not available for years prior to 2005. <br />148 <br />