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Annual_Report_1979_001
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Annual_Report_1979_001
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Table 8 <br />CITY OF ROSEVILLE, MINNESOTA <br />COMPUTATiON OF LEGAL DEBT MARGIN <br />DEC�MBER 31, 1979 <br />Assessed Value <br />(A) Debt limit 6.667 percent of <br />"r�ssessed 6'alue <br />Amount o£�debt applicable to debt <br />limit <br />To�al bondeci debt <br />(B) Eiexluctioa <br />General debt service fund assets <br />Speciai Assessmeat Bonds <br />General OblLgation Revenue Bonds <br />Tatal amount of debt <br />applicable to deUt limit <br />Lega1 I}ebt Margin <br />$ 145,780 <br />10,465,000 <br />395,000 <br />$187,958,406�'� <br />11,765,000 <br />11,005,780 <br />$12,531,187 <br />759,220 <br />$11 J71 , 967 <br />� Inc�udes $5,3�9,530 negative adjustment from "Fiscal Disparity" area wide tax base. <br />Note (A) M.S.A. 5ection 475.53 (see following page) <br />Note (I3} M.S.A. Section 475.51 (see following page) <br />104 <br />
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