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City of Orono, Minnesota
<br />Statistical Section (Unaudited)
<br />Ratios of General Bonded Debt Outstanding
<br />Last Ten Fiscal Years
<br />Governmental Business-type
<br />Activities Activities Less
<br />General General Amounts Net
<br />Fiscal Obligation Obligation Restricted for Bonded
<br />Year Bonds Bonds Debt Service Debt Per Capita (2)
<br />2013 7,470,000$ -$ 1,571,736$ 5,898,264$ 0.24 778$
<br />2014 10,620,000 - 1,189,565 9,430,435 0.39 1,239
<br />2015 9,610,000 1,195,000 2,209,951 8,595,049 0.34 1,104
<br />2016 11,431,701 1,138,557 7,550,955 5,019,303 0.18 653
<br />2017 7,660,000 1,045,000 1,854,112 6,850,888 0.24 841
<br />2018 7,000,000 965,000 2,080,923 5,884,077 0.20 746
<br />2019 6,110,000 885,000 3,250,008 2,859,992 0.09 353
<br />2020 5,185,000 805,000 2,908,430 2,276,570 0.07 275
<br />2021 18,385,000 725,000 1,666,201 15,295,131 0.45 1,839
<br />2021 17,650,000 640,000 1,506,830 16,143,170 0.45 1,903
<br />Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements.
<br />(1) See the Schedule of Assessed Value and Estimated Actual Value of Taxable Property for property value data.
<br />(2) Population data can be found in the Schedule of Demographic and Economic Statistics.
<br />Estimated Market
<br />Value of
<br />Taxable Property (1)
<br />Percentage of
<br />145 191
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