1997 Minnesota Statutes

     16A.105 Debt capacity forecast. 

    By December 1 of each even-numbered year the governor shall 
 submit to the legislature a debt capacity forecast.  The debt 
 capacity forecast must include statements of the indebtedness of 
 the state for bonds, notes, and other forms of long-term 
 indebtedness that are not accounted for in proprietary or 
 fiduciary funds, including general obligation bonds, moral 
 obligation bonds, revenue bonds, loans, grants payable, and 
 capital leases.  The forecast must show the actual amount of the 
 debt service for at least the past two completed fiscal years, 
 and the estimated amount for the current fiscal year and the 
 next six fiscal years, the debt authorized and unissued, the 
 condition of the sinking funds, and the borrowing capacity for 
 the next six fiscal years. 

    HIST: 1991 c 342 s 1; 1993 c 192 s 52