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<br />
<br />Overlapping Debt
<br /> 2000/2001
<br /> 2000/2001 Net Tax
<br /> Net Tax Capacity Percentage City's
<br /> Capacity Value Applicable Share
<br />Issuer Value(l) in Cit}/./) inCitv Net Debt of Debt
<br />Anoka County $ 157,874,243 $1,782,050 1.13% $ 61,449,633(2) $ 694,381
<br />ISD No. 12, Centennial ]6,710,018 1,782,050 10.66 94,450,377(3) 10,068,410
<br />NMISD No. 916 378,392,736 1,782,050 .47 15,117,248 (4) 71,051
<br />Metropolitan Council 1,750,666,92 ] 1,782,050 .10 16,694,000(5) 16,694
<br />Metro Transit 1,533,237,502 1,782,050 .12 10 I ,608,000(6) ]21,930
<br /> T%l Overlapping Debt: $10.972.466
<br />
<br />Overlapping Debt Future Financing
<br />
<br />Anoka County
<br />
<br />Anoka County issued $2,040,000 General
<br />Obligation Recreational Facility Bonds, Series
<br />2002C, dated September 1, 2002. The above-
<br />indicated bonds are included in the above overlap-
<br />ping debt figures. The County does not anticipate
<br />the issuance of any additional general obligation
<br />bonding within the next two months.
<br />
<br />ISD No. 12, Centennial does not anticipate the
<br />issuance of any additional bonding within the next
<br />two months.
<br />
<br />ISD No. 12, Centennial
<br />
<br />NMISD No. 916
<br />
<br />NMISD No. 916 does not anticipate the issuance
<br />of any additional bonding within the next two
<br />months.
<br />
<br />Metropolitan Council
<br />
<br />Metropolitan Council on June 26, 2002, issued
<br />$19,800,000 General Obligation Sewer Refunding
<br />Bonds, Series 2002B, dated July ], 2002. The
<br />bonds are not included in the above overlapping
<br />debt figures since the bonds are primarily sup-
<br />ported from revenues of the Metro Sanitary Sewer
<br />System. The Council does not anticipate the issu-
<br />ance of any additional bonding within the next two
<br />months.
<br />
<br />Metro Transit
<br />
<br />Metro Transit does not anticipate the issuance of
<br />any additional bonding within the next two
<br />months.
<br />
<br />(I) Net tax capacity values are after tax increment and fiscal disparity contribution adjustments,
<br />(2) Anoka County has bond indebtedness of $69.445,000 as of July 2, 2002 and sinking funds of $7,995.367 as of June 30, 2002.
<br />(3) ISO No. 12, Centennial, reported bond indebtedness of $95.640.000 and sinking funds of $1 ,189,623 as of June 30, 2002.
<br />(4) NMISD No. 916, reported bond indebtedness of$1 5.960,000 and sinking funds of $842,752 as of June 30, 2002.
<br />(5) Deductions: (A) $592,160,000 Metropolitan Waste Control Commission Debt as oflune 19,2002.
<br />Note I: Debt Service on A above is 100% self supported from revenues of the Metro Sanitary Sewer System. although the
<br />bonds are full faith and credit bonds. Sinking funds of $10,710,000 have not been deducted because said funds are
<br />attributable to A above. Fund balances are as of December 31, 2001.
<br />Note 2: The only tax supported bond indebtedness is $24,315.000 as of June 19, 2002 with sinking funds of $7,621,000 as of
<br />December 31, 200l.
<br />(6) Metro Transit reported bond indebtedness of $129.270,000 as of June 19. 2002 and sinking funds of $27,662,000 as of
<br />December 31, 200 I.
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