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CITY OF ST. ANTHONY, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2008 <br />Governmental Unit <br />Debt repaid with property taxes: (D <br />School Districts: <br />ISD No. 282 <br />NE Metro Intermediate School District No. 916 <br />Counties: <br />Hennepin <br />Ramsey <br />Other: <br />Metropolitan Council <br />Three Rivers Park District <br />Subtotal - overlapping debt <br />City direct debt (2) <br />Total direct and overlapping debt <br />Sources: (')Official Statements for City of St. Anthony <br />(I) St. Anthony Finance Department <br />Estimated <br />Debt Percentage <br />Outstanding Applicable* <br />Table 10 <br />Estimated <br />Share of <br />Overlapping <br />Debt <br />$24,575,000 84.1841% $20,688,245 <br />0 0 <br />576,820,000 0.4066% 2,345,070 <br />165,540,000 0.4355% 720,871 <br />157,950,000 0.2476% 391,097 <br />75,800,000 0.5470% 414,589 <br />24,559,872 <br />29,950,000 <br />$54,509,872 <br />Note: 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 home by the residents <br />and businesses of the City. This process recognizes that, when considering the City's ability to issue and repay long -tern <br />debt, the entire debt burden bome 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 overlapping government. <br />*For debt repaid with property taxes, the percentage of overlapping debt applicable is estimated using taxable assessed <br />property values. Applicable percentages were estimated by determining the portion of another governmental unit's taxable <br />assessed value that is within the City's boundaries and dividing it by each unit's total taxable assessed value. <br />138 <br />