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Annual_Report_1984_001
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Table 8 CITY OF ROSEVILLE, MINNESOTA <br />COMPUTATION OF LEGAL DEBT MARGIN <br />DECEMBER 31, 1984 <br />Assessed Value <br />(A) Debt limit 6.667 percent of <br />Assessed value <br />Amount of debt applicable to debt limit <br />Total bonded debt <br />(B) Deduction <br />Ge�eral debt service fund assets $ 165,453 <br />Special Assessment Bonds - 12,155,000 <br />General Obligation Revenue Bonds 195,000 <br />Total amount of debt <br />Legal Debt Margin <br />$340,103,982-� <br />$12,880,000 <br />12,515,453 <br />$22,674,732 <br />364,547 <br />$22,310,185 <br />%�Includes $19,504,007 negative adjustment from "Fiscal Disparity" area-wide tax base. <br />Note (A) M.S.A. Section 475.53 (see following page) <br />Note �B) M.S.A. Section 475.51 (see following page) <br />
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