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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 />2007*2008 2009 <br />Debt limit 17,870,856$ 26,094,699$ 24,778,098$ <br />Total net debt applicable to limit 4,099,637 5,741,849 5,410,204 <br />Legal debt margin 13,771,219$ 20,352,850$ 19,367,894$ <br />Total net debt applicable to the limit as a <br />percentage of debt limit 22.94%22.00%21.83% <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 2016 <br />166