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<br />Overlapping Debt
<br />
<br /> 2015/16 Debt Applicable to
<br /> Adjusted Taxable Est. G.O. Debt Tax Capacity in City
<br />Taxing Unit(a) Net Tax Capacity As of 11-23-16(b) Percent Amount
<br />
<br />Anoka County $ 316,505,881 $111,714,098(c)(d) 6.3% $ 7,037,988
<br />Anoka County Library 305,381,875 480,000 6.5 31,200
<br />ISD No. 12 (Centennial) 30,542,292 91,428,685 45.2 41,325,766
<br />ISD No. 624 (White Bear Lake) 72,379,318 86,195,000 3.3 2,844,435
<br />ISD No. 831 (Forest Lake) 51,330,073 90,530,000 7.0 6,337,100
<br />Metropolitan Council 3,475,846,085 17,525,000(e) 0.6 105,150
<br />Metropolitan Transit 2,767,556,165 177,190,000 0.7 1,240,330
<br />
<br />Total $58,921,969
<br /> (a) Only those units with outstanding general obligation debt are shown here. (b) Excludes general obligation tax and aid anticipation certificates and revenue-supported debt. (c) Anoka County, Minnesota (the “County”) issued $6,680,000 General Obligation Bonds, Series 2009F to
<br />finance a portion of the construction of an interchange at I-35E and County State Highway 14 (Main Street)
<br />and a bridge on I-35E. The City is currently responsible for $2,960,000 of the debt service on this issue
<br />pursuant to a joint powers agreement between the County and the City. (d) Includes certificates of participation. (e) Excludes general obligation debt supported by wastewater revenues and housing rental payments. Includes
<br />certificates of participation.
<br />
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<br />Debt Ratios*
<br />
<br /> G.O. G.O. Direct &
<br /> Direct Debt Overlapping Debt
<br />
<br />To 2015/16 Estimated Market Value ($1,807,065,400) 1.28% 4.54%
<br />Per Capita - (20,519 - 2015 MN Demographer Estimate) $1,127 $3,998
<br /> * Excludes general obligation utility revenue debt.
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