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Indirect Debt
<br /> Debt Applicable to
<br /> 1996 Taxable G.O. Debt Tax Capacity in City
<br /> Taxing Unit(a) Net Tax Capacity As of 1-2-98(b) Percent Amount
<br /> Hennepin County $1,083,247,666 $ 61,005,000 0.39% $ 237,920
<br /> Ramsey County 353,111,616 128,930,000 0.57 734,901
<br /> ISD 282 (St. Anthony-
<br /> New Brighton) 7,399,746 6,065,000 84.38 5,117,647
<br /> Northeast Metro
<br /> Intermediate District 336,986,588 6,335,000 0.59 37,377
<br /> Hennepin County
<br /> Park District 780,596,229 12,230,000 0.55 67,265
<br /> Metropolitan Council 2,161,233,611 32,415,000 0.32 103,728
<br /> Metropolitan Transit
<br /> District() 1,942,024,826 83,535,000 0.35 292.373
<br /> Total $6,591,211
<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 $418,665,000 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 1996 Indicated Market Value 1.60% 3.48%
<br /> Per Capita (7,939 - 1996 Metropolitan Council Estimate) $703 $1,534
<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 /> 1996/97
<br /> For
<br /> 1992193 1993/94 1994/95 1995/96 Total Debt Only
<br /> Hennepin County 35.839% 37.441% 37.454% 37.270% 35.515% 2.303%
<br /> City of St. Anthony 23.479 26.160 26.031 28.507 26.653 2.127
<br /> ISD 282 (St. Anthony) 61.122 66.481 65.790 76.430 72.105 8.149
<br /> Special Districts' 6.042 6.200 6.357 6.900 6.659 1.279
<br /> Total 126.482% 136.282% 135.632% 149.107% 140.932% 13.858%
<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 11.)
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