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CITY OF LINO LAKES, MINNESOTA DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT As of December 31, 2010 Table 10 Debt Outstanding Overlapping: Anoka County $ 165,392,433 ISD 12 95,445,000 ISD 624 105,365,000 ISD 831 35,735,000 Metropolitan Council 255,290,000 Anoka County Railroad Authority 30,155,000 Total Overlapping City of Lino Lakes Direct Debt Total Direct and Overlapping Debt: $ 3,386,000 Estimated Percentage Applicable 6.5% 47.2% 3.3% 7.6% 0.6% 6.5% Estimated Share of Overlapping Debt $ 10,765,308 45,049,239 3,499,700 2,716,401 1,609,700 1,962,773 65,603,121 100% 3,386,000 $ 68,989,121 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. Does not include general obligation debt supported by special assessments, utility revenues, tax or aid anticipation certificates, State -aid road or revenue debt. 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. 103