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CITY OF ST. ANTHONY, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT Table 10 <br />As of December 31, 2016 <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 $19,640,000 53.8576% $10,577,631 <br />Counties: <br />Hennepin 720,595,000 0.3878% 2,794,219 <br />Ramsey 182,245,000 0.3023% 550,873 <br />Other: <br />Metropolitan Council 153,680,000 0.1788% 274,742 <br />Three Rivers Park District 59,300,000 0.5414% 321,023 <br />Subtotal - overlapping debt 14,518,488 <br />City direct debt (2)31,675,000 <br />Total direct and overlapping debt $46,193,488 <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 />165