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CITY OF LITTLE CANADA, MINNESOTA DIRECT AND OVERLAPPING DEBT DECEMBER 31, 2018 (102) Estimated ShareGross Bonded of Overlapping Debt DebtDirect Debt:City of Little Canada 5,051,539$ 100.00 % 5,051,539$ ISD No. 623 (Roseville) 173,740,000 15.28% 26,541,557 ISD No. 624 (White Bear Lake) 85,805,000 1.34% 1,147,794 Ramsey County 153,827,000 2.04% 3,133,024 Metropolitan Council 185,340,000 0.56% 1,030,962 31,853,337 36,904,876$ (1)Note:Source 1:Source 2:Overlapping governments are those that coincide, at least in part, with the geographicboundaries of the City. This schedule estimates the portion of the outstanding debt of thoseoverlapping governments that is borne by the residents and businesses of the City. This processrecognizes that, when considering the government’s ability to issue and repay long-term debt,the entire debt burden borne by the residents and businesses should be taken into account.However, this does not imply that every taxpayer is a resident and, therefore, responsible forrepaying the debt of each overlapping government. Ramsey CountyAssessed value data used to estimate applicable percentages provided by the County Board ofEqualization and Assessment. Debt outstanding data provided by the county.The percentage of overlapping debt applicable is estimated using taxableassessed propertyvalues. Applicable percentages were estimated by determining the portion of the county’staxable assessed value that is within the government’s boundaries and dividing it by the county’stotal taxable assessed value.Governmental Unit ApplicableOverlapping Debt:School Districts:Total Overlapping DebtTotal Direct and Overlapping DebtPercentageEstimated