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1986 <br />1985 <br />1984 <br />1983 <br />1982 <br />1981 <br />1980 <br />Debt Administration <br />Budgeted General <br />Fund Revenues <br />$4,774,970 <br />4,557,868 <br />4,294,589 <br />4,082,045 <br />3,858,439 <br />3,550,468 <br />3,256,698 <br />Local <br />Government Aid <br />5803,071 <br />717,475 <br />676,863 <br />945,440 <br />81%,%�Z <br />872,746 <br />915,732 <br />% <br />16.8 <br />15.7 <br />15.8 <br />23.2 <br />21 . 2 <br />24.6 <br />28.1 <br />Net bonded debt per capita, and the percentage of net debt to <br />assessed value and to market value are useful indicators of the <br />City's debt position. Debt statistics for the City as of <br />December 31, 1986, as shown in Table 9, are as follows: <br />Net Direct <br />Debt <br />Net Over- <br />Lapping <br />Debt <br />Total 1986 <br />Total 1985 <br />Amount <br />S 5,352,761 <br />11.865.690 <br />517,218,451 <br />514,485.976 <br />Percent of Percent of Debt Per <br />Assessed Value Market Value Capita <br />1.58 <br />3.50 <br />5.08 <br />4.27 <br />5152.16 <br />337.31 <br />5489.47 <br />S410.72 <br />Net direct debt is based on Roseville's outstanding indebtedness, <br />less cash and investments on hand. Net overlapping debt is <br />Roseville's pro-rata share of bonded indebtedness for the county, <br />school districts, and other governmental agencies that levy taxes <br />within the City. <br />The City's bond rating on December 31, 1986, is as £ollows: <br />City's Bonds <br />Moody's <br />Investor <br />Service <br />Aa-1 <br />Standard <br />& <br />Poor "s <br />AA-1 <br />No Bonds or other indebtedness were issued in 1986. The City did <br />retire 51,280,000 of bonds, leaving an outstanding indebtedness <br />on December 31, 1986 of 538,150,000. Following is a tabulation <br />of bonds issued since January 1, 1970 and still outstanding. <br />-5- <br />