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Mos <br />IMMEI <br />CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2006 <br />Overlapping: <br />Anoka County <br />ISD 12 <br />ISD 624 <br />ISD 831 <br />SISD 916 <br />Metropolitan Council <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 />$ 101,865,000 6.5% $ 6,623,852 <br />112,110,000 49.4% 55,368,520 <br />72,235,000 3.6% 2,573,232 <br />74,765,000 7.6% 5,645,962 <br />12,320,000 2.7% 329,826 <br />185,560,000 0.6% 1,196,482 <br />71,737,874 <br />$ 4,717,000 100% 4,717,000 <br />Total Direct and Overlapping Debt: $ 76,454,874 <br />Sources: Taxable value data used to estimate applicable percentages provided by the County <br />Property Appraiser. Debt outstanding data provided by each governmental unit. <br />Notes: Overlapping governments are those that coincide, at least in part, with the geographic <br />boundaries of the City. This schedule estimates the portion of the outstanding debt of those <br />overlapping governments that is borne by the residents and businesses of the City. This process <br />recognizes that, when considering the City's ability to issue and repay Tong -term debt, the entire debt <br />burden borne by the residents and businesses should be taken into account. However, this does not <br />imply that every taxpayer is a resident, and therefore responsible for repaying the debt, of each <br />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 />104 <br />