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119 CITY OF LINO LAKES, MINNESOTA Table 11 DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT As of December 31, 2015 Estimated Estimated Share of Debt Percentage Overlapping Outstanding Applicable Debt Overlapping: Anoka County 118,321,284$ 6.3% 7,409,135$ ISD 12 96,173,685 45.2% 43,480,557 ISD 624 93,420,000 3.3% 3,097,231 ISD 831 30,325,000 7.0% 2,133,471 Metropolitan Council 1,419,891,649 0.6% 8,096,348 Rice Creek Watershed District 200,000 33.2% 66,309 Anoka County Railroad Authority 52,600,000 6.3% 3,293,748 Total Overlapping 67,576,799 City of Lino Lakes Direct Debt 24,611,250$ 100% 24,611,250 Total Direct and Overlapping Debt: 92,188,049$ Determined by ratio of net tax capacity (after fiscal disparities and tax increment adjustment) of property subject to taxation in overlapping unit to valuation of property subject to taxation in City. Sources: Taxable value data used to estimate applicable percentages provided by the County Property Appraiser. Debt outstanding data provided by each governmental unit. Notes: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the City. This process recognizes that, when considering the City'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 for repaying the debt, of each overlapping government.