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Non IP <br />CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2007 <br />Table 10 <br />Estimated <br />Estimated Share of <br />Debt Percentage Overlapping <br />Outstanding Applicable Debt <br />Overlapping: <br />Anoka County $ 124,025,000 6.4% $ 7,952,912 <br />ISD 12 132,375,000 49.2% 65,183,916 <br />ISD 624 67,360,000 3.5% 2,333,286 <br />ISD 831 70,490,000 7.5% 5,260,293 <br />SISD 916 11,030,000 2.7% 295,291 <br />Metropolitan Council 204,840,000 0.6% 1,296,832 <br />Total Overlapping 82,322,530 <br />City of Lino Lakes Direct Debt $ 4,324,000 100% 4,324,000 <br />Total Direct and Overlapping Debt: $ 86,646,530 <br />Sources: Taxable value data used to estimate applicable percentages provided by the County Property <br />Appraiser. Debt outstanding data provided by each governmental unit. <br />Notes: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of <br />the City. This schedule estimates the portion of the outstanding debt of those overlapping governments that is <br />borne by the residents and businesses of the City. This process recognizes that, when considering the City's <br />ability to issue and repay long -term debt, the entire debt burden borne by the residents and businesses <br />should be taken into account. However, this does not imply that every taxpayer is a resident, and therefore <br />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 />101 <br />