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CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT Table 11 <br />As of December 31, 2018 <br />Estimated <br />Estimated Share of <br />Debt Percentage Overlapping <br />Outstanding Applicable*Debt <br />Overlapping debt: <br />Anoka County $92,260,000 6.1%$5,591,225 <br />ISD 12 90,587,065 43.7%39,541,274 <br />ISD 624 85,805,000 3.0%2,610,748 <br />ISD 831 163,990,000 7.0%11,496,804 <br />Metropolitan Council 1,549,087,966 0.6%8,698,997 <br />Rice Creek Watershed District 305,420 32.5%99,202 <br />Anoka County Railroad Authority 22,995,000 6.1% 1,393,564 <br />Total overlapping 69,431,814 <br />City of Lino Lakes direct debt $24,452,838 100%24,452,838 <br />Total direct and overlapping debt $93,884,652 <br />*For debt repaid with property taxes, the percentage of overlapping debt applicable is estimated using taxable assessed <br />property values. Applicable percentages were estimated by determining the portion of another governmental unit's taxable <br />assessed value that is within the City's boundaries and dividing it by each unit's total taxable assessed value. <br />Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule <br />estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses <br />of the City. This process recognizes that, when considering the City's ability to issue and repay long-term debt, the entire debt <br />burden borne by the residents and businesses should be taken into account. However, this does not imply that every taxpayer <br />is a resident, and therefore responsible for repaying the debt, of each overlapping government. <br />Sources: taxable value data used to estimate applicable percentages provided by the County Property Appraiser. Debt <br />outstanding data provided by each governmental unit. <br />152