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CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT Table 11 <br />As of December 31, 2022 <br />Estimated <br />Estimated Share of <br />Debt Percentage Overlapping <br />Outstanding Applicable*Debt <br />Overlapping debt: <br />Anoka County $42,415,000 6.1%$2,587,315 <br />ISD 12 (Centennial)129,869,418 43.1%55,973,719 <br />ISD 624 (White Bear Lake)375,050,000 3.1%11,626,550 <br />ISD 831 (Forest Lake)157,255,000 7.1%11,165,105 <br />Metropolitan Council 1,717,186,171 0.6%10,303,117 <br />Total overlapping 91,655,806 <br />City of Lino Lakes direct debt 19,625,360 100%19,625,360 <br />Total direct and overlapping debt $111,281,166 <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 />Source: Anoka County/City of Lino Lakes Official Statements <br />154