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08-26-1985 Council Packet
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08-26-1985 Council Packet
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General Obligation/Special Tax <br />June 10. 19f6 <br />Orono, Minnesota <br />Mbl factom. Debt State "IOS016/1/55($000) <br />ilondeddebt-mlslandmg a] <br />$3.390 <br />Grins bonded debt <br />$3,390 <br />Gross and net direct debt <br />S3,390 <br />Overlapping debt <br />4,755 <br />Overall net debt <br />118.195 <br />lb Fundum fund IM debt Woupton of AprJ I. 1985 are It.I 11.W1 <br />91 hwludn Srm tall aeserJ oanptxw 6nrlda b 4 wW m lane to. 1995. <br />For additional informstion plesse refer to Moody'% 1995 Municipal and Gmrmmrnl Manu:d, <br />page 2309. <br />to. <br />SeculltV: G.t )., ULT and special asaeament. Defaults- No record found <br />Debt Ratios Role of Retirement <br />Net Per 10 Medlon Principal Amount <br />%01 <br />Debt _ Capita 01 Medlon all, F.V. (%) ArTlaant Due ($ 000) <br />TOpI <br />Direct S 493 S 792 0.7 2.4 In 5 years 51,9s0 <br />57.2 <br />Overall 1.196 S1,064 1.9 3.6 In 10 years 2,835 <br />1116 <br />'& For eon nth ran,a Won under mast <br />Use of Proceeds: Sanitary sewer improvements. CIP/Fldufe Borrowing: $I million move for <br />Structure: Rapid rate of retirement, drehning debt sanitary sewer Improvements in the neat one to <br />servtce requirements three yeah. <br />adrMtalstraEM Form of Government MaSor-council, appointed Pudic Employees: 37 full-time. 7 pan -time, <br />factors: administrator Three are numbers of PERA 25 are enrolled on <br />.nndm:Itnl plan. 148e contributions to PER.A <br />amounted to $93,372. <br />WeMt1y Orono <br />vakeeftaa and Fiscal <br />Assessed <br />% <br />Tag Rala per <br />levy <br />%Td01 <br />beat year_ <br />VoluaRan(F1g0) Change <br />$10111111) AV. <br />(000) <br />COIISCNO <br />1981/112 <br />$79.735 <br />12.6 <br />510.83 <br />Sect <br />99.11 <br />19s2/83 <br />90.133 <br />13.0 <br />10.59 <br />956 <br />98.62 <br />1983/m <br />95,IW <br />3.6 <br />11.22 <br />1,067 <br />96.52 <br />1984/85 <br />102.077 <br />7.2 <br />9.79 <br />1.001 <br />In Prates <br />
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