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05-24-21-R
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05-24-21-R
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5/21/2021 4:18:02 PM
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Less <br />Operating Operating Net Available <br />Revenues Expenses Revenue Principal Interest <br />4,026,325$ 3,279,800$ 746,525$ –$ 52,333$ 14.3 % <br />4,179,282 3,387,940 791,342 – 94,288 8.4 <br />4,187,741 3,085,624 1,102,117 200,000 86,998 3.8 <br />Note 1: <br />Note 2: <br />2020 <br />Coverage <br />CITY OF ARDEN HILLS <br />Pledged Revenue Coverage <br />Last Three Fiscal Years <br />Fiscal year 2018 represents the first year the City pledged revenue for utility revenue bonds. <br />Debt Service <br />Includes Water and Sewer Funds. Operating expenses do not include depreciation. <br />Fiscal Year <br />2018 <br />2019 <br />-89-
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