Laserfiche WebLink
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 />2001 2002 2003 2004 <br />$ 48,246,670 $ 52,994,918 $ 59,08400 $ 64,941,138 <br />$ 48,246,670 $ 52,994,918 $ 49,38400 $ 55,241,138 <br />0.00% 0.00% 16.42% 14.94% <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 />