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CITY Or ST. ANTHONY, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT <br />As of December 31, 2009 <br />Debt <br />Governmental Unit Outstanding <br />Debt repaid with property taxes: (1) <br />School Districts: <br />ISD No. 282 <br />$25,775,000 <br />NE Metro Intermediate School District No. 916 <br />- <br />Counties: <br />Hennepin <br />877,275,000 <br />Ramsey <br />169,667,000 <br />Other: <br />Metropolitan Council <br />1,116,379,876 <br />Three Rivers Park District <br />85,660,000 <br />Subtotal - overlapping debt <br />City direct debt (2) <br />Total direct and overlapping debt <br />Sources: o> Official Statements for City of St. Anthony <br />(') St. Anthony Einance Deparnnent <br />Estimated <br />Percentage <br />Applicable* <br />82.6654% <br />0.2878% <br />0.4434% <br />Table 10 <br />Estimated <br />Share of <br />Overlapping <br />Debt <br />$21,306,998 <br />2,524,461 <br />752,355 <br />0.0463% 517,105 <br />0.5165% 442,456 <br />25,543,375 <br />26,070,000 <br />$51,613,375 <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 />142 <br />