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City of Roseville <br />Legal Debt Margin Information <br />Last Ten Fiscal Years <br />(amounts expressed in whole dollars) <br />Debt Limit <br />Total net debt applicable to limit <br />Legal debt margin <br />Total net debt applicable to the limit <br />as a percentage of debt limit <br />Fiscal Year <br />1999 2000 2001 2002 <br />$ 39,630,406 $ 43,754,741 $ 48,246,670 $ 52,994,918 <br />$ 39,630,406 $ 43,754,741 $ 48,246,670 $ 52,994,918 <br />0.00% 0.00% 0.00% 0.00% <br />Note: Under Minnesota state law, the City of Roseville's net debt cannot exceed 3 percent of the estimated <br />market value of property. This limit increased from 2% to 3% in calendar 2008. <br />124 <br />