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2022 ACFR
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2022 ACFR
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11/15/2023 4:05:13 PM
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11/15/2023 4:04:07 PM
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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 />2013 2014 2015 2016 <br />Debt limit 20,237,210$ 20,226,682$ 21,500,127$ 24,651,217$ <br />Total net debt applicable to limit 4,450,131 4,031,063 3,615,981 3,176,798 <br />Legal debt margin 15,787,079$ 16,195,619$ 17,884,147$ 21,474,419$ <br />Total net debt applicable to the limit as a <br />percentage of debt limit 21.99% 19.93% 16.82% 12.89% <br />Source: Market Value - Hennepin County and Ramsey County, Minnesota Assessor's Offices <br />Legal Debt Margin Calculation for Fiscal Year 2022 <br />158
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