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CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT Table 11 <br />As of December 31, 2021 <br />Estimated <br />Estimated Share of <br />Debt Percentage Overlapping <br />Outstanding Applicable*Debt <br />Overlapping debt: <br />Anoka County $52,995,000 6.1%$3,232,695 <br />ISD 12 81,420,049 43.1%35,092,041 <br />ISD 624 299,000,000 3.1%9,269,000 <br />ISD 831 156,965,000 7.1%11,144,515 <br />Metropolitan Council 8,825,000 0.6%52,950 <br />Anoka County Railroad Authority 187,200,000 0.8% 1,497,600 <br />Total overlapping 60,288,801 <br />City of Lino Lakes direct debt 22,831,182 100% 22,831,182 <br />Total direct and overlapping debt $83,119,983 <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 />148