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CITY OF FALCON HEIGHTS, MINNESOTA
<br />COMPUTATION OF DIRECT AND OVERLAPPING BONDED DEBT
<br />• December 31, 2003
<br />Table 13
<br />
<br />Governmental Unit
<br />Gross Debt ~'~
<br />Sinking Funds
<br />Net Debt _ Cit
<br />Percent y's Share
<br />Amount
<br />Direct:
<br />City of Falcon Heights $ 2,440,000 $ 817,061 $ 1,622,939 100.00% $ 1,622,939
<br />Overlapping:
<br />School Districts:
<br />ISD #623 42,475,000 21,857,223 20,617,777 7.27 1
<br />499
<br />284
<br />ISD #916
<br />Ramsey County: 16,120,000 396,836 15,723,164 0.81 ,
<br />,
<br />127,365
<br />Ramsey County 164,767,000 - 14,692,114 150,074,886 0.94 1
<br />404
<br />913
<br />County Library 1,580,000 1,724,321 (144,321) (1.79) ,
<br />,
<br />(2
<br />577)
<br />.Metro Watershed 1,741,888 - 1,741,888 0.00 ,
<br />Valley Branch
<br />Watershed
<br />Debt (Z) - - - 0.00 _
<br />Metropolitan Agencies:
<br />Metro Council 845,710,429 72,992,986 772,717,443 0.15 1
<br />183
<br />292
<br />Metro Airports ,
<br />,
<br />• Commission
<br />Total 411,956,000 96,119,118 315,836,882 0.15 483,653
<br />Overlapping
<br />Debt 1,484,350,317 207,782,598 1,276,567,719 4,695,930
<br />Total Direct and
<br />Overlapping Debt $ 1,486.790.317 $ 208,599,659 $ 1,278,190.658 $ 6,318,869
<br />~l~ Gross debt totals include bonds which are financed by ad valorem tax levy, G.O. Revenue financing and
<br />special assessments.
<br />Metro Council has G.O. Revenue debt of $ 658,955,429 and Revenue debt of $ 12,730,000. Metro Airports
<br />Commission has G.O. Revenue debt of $ 344,130,000 and Revenue debt of $ 1,339,695,000.
<br />(2> Debt issued by Washington County for which Ramsey County has partial liability because of a
<br />Joint Powers Agreement between counties.
<br />Source: Department ofProperty Records and Revenue -Ramsey County.
<br />r~
<br />91
<br />
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