Laserfiche WebLink
CITY OF LINO LAKES, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2014 <br />Overlapping: <br />Anoka County $ <br />ISD 12 <br />ISD 624 <br />ISD 831 <br />Metropolitan Council <br />Rice Creek Watershed District <br />Anoka County Railroad Authority <br />Total Overlapping <br />Debt <br />Outstanding <br />Estimated <br />Percentage <br />Applicable <br />Table 11 <br />Estimated <br />Share of <br />Overlapping <br />Debt <br />143,506,281 <br />6.5% <br />$ 9,270,009 <br />51,790,000 <br />45.8% <br />23,697,924 <br />90,960,000 <br />3.4% <br />3,135,182 <br />23,455,000 R <br />7.4% <br />1,746,770 <br />1,507,019,856 <br />0.6% <br />9,025,183 <br />500,000 <br />33.6% <br />168,224 <br />26,460,000 <br />6.5% <br />1,709,224 <br />48,752,516 <br />City of Lino Lakes Direct Debt $ 18,752,177 100% 18,752,177 <br />Total Direct and Overlapping Debt: $ 67,504,693 <br />`#SSp, °e88&66�6sa., 4$668 <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 />111 <br />