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w <br />NNW <br />CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2010 <br />Overlapping: <br />Anoka County <br />ISD12 <br />ISD 624 <br />ISD 831 <br />Metropolitan Council <br />Anoka County Railroad Authority <br />Total Overlapping <br />City of Lino Lakes Direct Debt <br />Table 10 <br />Estimated <br />Estimated Share of <br />Debt Percentage Overlapping <br />Outstanding Applicable Debt <br />$ 165,392,433 6.5% $ 10,765,308 <br />95,445,000 47.2% 45,049,239 <br />105,365,000 3.3% 3,499,700 <br />35,735,000 7.6% 2,716,401 <br />255,290,000 0.6% 1,609,700 <br />30,155,000 6.5% 1,962,773 <br />65,603,121 <br />$ 3,386,000 100% 3,386,000 <br />Total Direct and Overlapping Debt: $ 68,989,121 <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 />Notes: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This <br />schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and <br />businesses of the City. This process recognizes that, when considering the City's ability to issue and repay long -term debt, <br />the entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply <br />that every taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government. <br />Does not include general obligation debt supported by special assessments, utility revenues, <br />tax or aid anticipation certificates, State -aid road or revenue debt. <br />Determined by ratio of net tax capacity (after fiscal disparities and tax increment adjustment) <br />of property subject to taxation in overlapping unit to valuation of property subject to taxation in City. <br />103 <br />