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CITY OF MOUNDS VIEW <br /> Direct and Overlapping Governmental Activities Debt <br /> December 31,2025 <br /> Estimated <br /> Debt Percentage Estimated Share of <br /> Governmental Unit Outstanding Applicable Overlapping Debt <br /> Debt repaid with property taxes <br /> Overlapping debt <br /> Ramsey County $ 134,134,078 2.15 % $ 2,887,283 <br /> Ramsey County Library 11,938,579 4.20 501,968 <br /> Independent School District No.621 191,816,528 11.71 22,462,843 <br /> Metropolitan Council 1,402,434,516 0.30 4,167,100 <br /> Total overlapping debt 11740,323,701 30,019,194 <br /> Direct debt <br /> City of Mounds View(1) 4,270,000 100.00 4,270,000 <br /> Total direct and overlapping debt $ 1,744,593,701 $ 34,289,194 <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 <br /> the debt of each overlapping government. <br /> Source: Ramsey County <br /> -109- <br />