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Summary of Debt
<br /> Gross Less: Debt Net ,
<br /> Debt Service Funds(a) Direct Debt
<br /> G.O. Debt Supported Primarily by
<br /> Special Assessments $4,355,000 $ (799,070) $3,555,930
<br /> G.O. Debt Supported by Tax Increments 4,255,000 (1,468,649) 2,786,351
<br /> G. O. Debt Supported by Revenues 2,560,000 (b) 2,560,000
<br /> Revenue Debt 795,000 (C) 795,000
<br /> (a) Debt service funds are as of December 31, 2000 and include money to pay both principal and interest.
<br /> (b) State-Aid road bonds are paid from allotments from the State of Minnesota's Highway Fund, and
<br /> storm sewer bonds are paid from user fees.
<br /> (c) Debt service is paid directly from net revenues of the City's Liquor Enterprise.
<br /> Indirect Debt
<br /> Debt Applicable to
<br /> 1999 Taxable G.O. Debt Tax Capacity in City
<br /> Taxing Unit(a) Net Tax Capacity As of 1-2-01W Percent Amount
<br /> Hennepin County $1,083,711,505 $205,135,000 0.40% $ 820,540
<br /> Ramsey County 364,547,086 116,055,000 0.50 580,275
<br /> ISD 282 (St. Anthony-
<br /> New Brighton) 7,396,406 5,320,000 82.69 4,399,108
<br /> Northeast Metro
<br /> Intermediate District 421,181,735 2,585,000 0.43 11,116
<br /> Ramsey County Library 191,983,629 5,825,000 0.95 55,338
<br /> Hennepin County
<br /> Park District 802,550,295 13,625,000 0.53 72,213
<br /> Metropolitan Council 2,244,229,627 31,730,000(c) 0.27 85,671
<br /> Metropolitan Transit
<br /> District 1,988,859,543 116,275,000 0.31 360,453
<br /> Total $6,384,713
<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) Excludes general obligation debt supported by sewer system revenues, 911 user fees, and rental
<br /> housing revenues.
<br /> Debt Ratios Including This Issue
<br /> G.O. Net G.O. Indirect &
<br /> Direct Debt' Net Direct Debt
<br /> To 1999 Indicated Market Value ($442,650,440) 1.43% 2.88%
<br /> Per Capita (8,435- 1999 State Demographer's Estimate) $752 $1,509
<br /> Excludes revenue debt. 40
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