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CITY OF ST. ANTHONY, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2011 <br />Governmental Unit <br />Debt repaid with property taxes: (1) <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 (Z) <br />Table 10 <br />Estimated <br />Estimated Share of <br />Debt Percentage Overlapping <br />Outstanding Applicable* Debt <br />$23,515,000 <br />84.4291% <br />$19,853,508 <br />732,745,000 <br />0.4031% <br />2,953,715 <br />170,590,000 <br />0.4561% <br />778,014 <br />168,665,000 <br />0.2372% <br />400,073 <br />62,755,000 <br />0.5502% <br />345,291 <br />24,330,601 <br />25,260,000 <br />Total direct and overlapping debt $49,590,601 <br />Sources: (') Official Statements for City of St. Anthony <br />(a) St. Anthony Finance Department <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 borne by the residents <br />and businesses of the City. This process recognizes that, when considering the City's ability to issue and repay long-term <br />debt, the entire debt burden borne 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 />140 <br />