Laserfiche WebLink
CITY OF ST. ANTHONY, MINNESOTA <br />LEGAL DEBT MARGIN INFORMATION <br />Last Ten Fiscal Years <br />Market value <br />Debt limit (3% of market value) <br />Debt applicable to limit: <br />General obligation bonds <br />Less: Amount set aside for repayment <br />of general obligation debt <br />Total net debt applicable to limit <br />Legal debt margin <br />2006* 2007* 2008 <br />Debt limit 14,610,820$ 17,870,856$ 26,094,699$ <br />Total net debt applicable to limit 4,429,013 4,099,637 5,741,849 <br />Legal debt margin 10,181,807$ 13,771,219$ 20,352,850$ <br />Total net debt applicable to the limit as a <br />percentage of debt limit 30.31% 22.94% 22.00% <br />Source: Market Value - Hennepin County and Ramsey County, Minnesota Assessor's Offices <br />*Debt limit was 2% of market value. <br />Legal Debt Margin Calculation for Fiscal Year 2015 <br />158