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CITY OF ST. ANTHONY, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT Table 10 <br />As of December 31, 2015 <br />Estimated <br />Estimated Share of <br />Debt Percentage Overlapping <br />Governmental Unit Outstanding Applicable* Debt <br />Debt repaid with property taxes: (1) <br />School Districts: <br />ISD No. 282 $21,160,000 51.9645% $10,995,682 <br />Counties: <br />Hennepin 766,200,000 0.3673% 2,814,432 <br />Ramsey 185,362,000 0.2941%545,156 <br />Other: <br />Metropolitan Council 155,020,000 0.2677%414,962 <br />Three Rivers Park District 54,385,000 0.5493%298,751 <br />Subtotal - overlapping debt 15,068,983 <br />City direct debt (2)31,395,000 <br />Total direct and overlapping debt $47,764,503 <br />Sources: (1) Official Statements for City of St. Anthony <br />(2) 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 />157