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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 />2003 2004 2005 2006 <br />$ 59,08400 $ 64,941,138 $ 71,034,242 $ 78,363,984 <br />$ 49,38400 $ 55,241,138 $ 61,499,242 $ 69,363,984 <br />16.42% 14.94% 13.42% 11.48% <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 />122 <br />