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2022 ACFR
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2022 ACFR
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11/15/2023 4:05:13 PM
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CITY OF ST. ANTHONY, MINNESOTA <br />DIRECT AND OVERLAPPING GOVERNMENTAL ACTIVITIES DEBT Table 10 <br />As of December 31, 2022 <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 $26,525,000 89.8794% $23,840,511 <br />Counties: <br />Hennepin 1,065,595,000 0.3847% 4,099,344 <br />Ramsey 138,095,000 0.4880%673,904 <br />Other: <br />Metropolitan Council 166,860,000 0.2442%407,472 <br />Three Rivers Park District 51,320,000 0.5499%282,226 <br />Subtotal - overlapping debt 29,303,457 <br />City direct debt (2)26,700,000 <br />Total direct and overlapping debt $56,003,457 <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
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