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AIIPEr <br />CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2012 <br />Overlapping: <br />Anoka County <br />ISD 12 <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 />$ 151,019,654 6.6% $ 9,966,378 <br />71,680,000 47.7% 34,209,876 <br />12,540,000 3.5% 442,172 <br />29,930,000 7.7% 2,304,231 <br />1,724,988,995 0.6% 10,345,893 <br />28,380,000 6.6% 1,872,907 <br />59,141,457 <br />$ 21,121,000 100% 21,121,000 <br />!, Total Direct and Overlapping Debt: $ 80,262,457 <br />VIEW <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 />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 />105 <br />