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CITY OF MOUNDS VIEW <br />Direct and Overlapping Governmental Activities Debt <br />as of December 31, 2015 <br />Estimated <br />Percentage Estimated Share of <br />Governmental Unit Debt Outstanding Applicable (1)Overlapping Debt <br />Debt repaid with property taxes: <br /> Ramsey County 173,397,000$ 1.70 %2,940,021$ <br /> Ramsey County Library 34,325,000 3.78 1,296,004 <br /> Independent School district No. 621 109,550,000 10.86 11,895,237 <br /> Intermediate District No. 916 82,995,000 3.95 3,276,961 <br /> Metropolitan Council 1,419,891,649 0.25 3,563,603 <br />Total overlapping debt 22,971,826 <br /> City of Mounds View 839,885 100.00% 839,885 <br />Total direct and overlapping debt 23,811,711$ <br />Source: <br /> <br />Note: <br />(1)The percentage of overlapping debt applicable are based upon percentage of tax capacity to the total. <br />Overlapping governments are those that coincide,at least in part,with the geographic boundaries of the City. <br />This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the <br />residents and businesses of the City of Mounds View.This process recognizes that,when considering the <br />government’s ability to issue and repay long-term debt,the entire debt burden borne by the residents and <br />businesses should be taken into account.However,this does not imply that every taxpayer is a resident,and <br />therefore responsible for repaying the debt, of each overlapping government. <br />Ramsey County