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CC PACKET 11271995
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CC PACKET 11271995
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12/30/2015 6:26:43 PM
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12/30/2015 6:26:29 PM
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SP Box #
22
SP Folder Name
CC PACKETS 1994-1998
SP Name
CC PACKET 11271995
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Indirect Debt <br /> Debt Applicable to <br /> 1994 Taxable G.O. Debt Tax Capacity in City <br /> Taxing Unit(a) Net Tax Capacity As of 10-2-95(b) Percent Amount <br /> Hennepin County $ 966,907,816 $ 67,205,000 0.39% $ 262,099 <br /> Ramsey County 341,024,900 116,520,000 0.56 652,512 <br /> ISD 282 (St. Anthony- <br /> New Brighton) 6,937,177 6,210,000 0.84 52,164 <br /> Northeast Metro <br /> Technical College 313,053,801 9,460,000 0.63 59,598 <br /> Hennepin County <br /> Park District 682,858,515 6,350,000 0.56 35,560 <br /> Metropolitan Council 1,907,286,072 22,470,00001 0.32 71,904 <br /> Metropolitan Transit <br /> District() 1,728,983,006 58,070,000 0.35 203.245 <br /> Total $1,337,082 <br /> (a) Only those taxing units which have outstanding general obligation debt are presented here. <br /> (b) Excludes general obligation debt supported by revenues and revenue-supported debt. <br /> (c) Metropolitan Council also has outstanding$490,210,000 of general obligation sewer bonds and loans <br /> which are supported by sewer system revenues. <br /> Debt Ratios Including This Issue <br /> G.O. G.O. Indirect & <br /> Direct Debt Direct Debt <br /> To 1994 Indicated Market Value 1.53% 1.93% <br /> Per Capita (7,939 1994 Metropolitan Council Estimate) _$645 $814 <br /> Excludes general obligation debt supported by revenues. <br /> CITY TAX RATES, LEVIES AND COLLECTIONS <br /> Tax Capacity Rates for a City Resident in Hennepin County <br /> 1994/95 <br /> For <br /> 1990/91 1991/92 1992/93 1993/94 Total Debt Only <br /> Hennepin County 30.114% 34.327% 35.839% 37.441% 37.454% 2.157% <br /> City of St. Anthony 21.296 19.972 23.479 26.160 26.031 1.243 <br /> ISD 282 (St. Anthony) 58.686 53.664 61.122 66.481 65.790 -0- <br /> Special Districts' 7.365 5.996 6.042 . 6.200 6.357 1.075 <br /> Total 117.461% 113.959% 126.482% 136.282% 135.632% 4.475% <br /> Includes Metropolitan Council, Regional Transit District Mosquito Control District, Hennepin Parks, <br /> Park Museum and County Regional Railroad Authority. <br /> NOTE. Taxes are determined by multiplying the net tax capacity by the tax capacity rate, expressed as a <br /> percentage. (See Appendix IL) <br /> - 10 - <br />
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