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CITY OF MOUNDS VIEW <br />Direct and Overlapping Governmental Activities Debt <br />December 31, 2023 <br />Estimated Estimated Share <br />Debt Percentage of <br />Governmental Unit Outstanding Applicable Overlapping Debt <br />Debt repaid with property taxes <br />Overlapping debt <br />Ramsey County $ 124,547,787 2.20 % $ 2,737,538 <br />Ramsey County Library 18,110,027 4.34 785,261 <br />Independent School district No. 621 168,431,292 12.23 20,601,835 <br />Metropolitan Council 1,581,725,568 0.30 4,816,422 <br />Total overlapping debt 1,892,814,674 28,941,056 <br />Direct debt <br />City of Mounds View (1) 4,965,075 100.00 4,965,075 <br />Total direct and overlapping debt $ 1,897,779,749 $ 33,906,131 <br />(1) Includes only governmental activities debt. <br />Note: 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. This process recognizes that, when considering the government's ability to <br />issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into <br />account. However, this does not imply that every taxpayer is a resident, and therefore responsible for repaying the <br />debt, of each overlapping government. <br />Source: Ramsey County <br />-106- <br />