|
<br />Indirect Debt
<br /> 2003/2004
<br /> 2003/2004 Net Tax
<br /> Net Tax Capacity Percentage Taxpayer's
<br /> Capacity Value Applicable Share
<br />Issuer Valuef1) in CiN)) i!l..Q!x Net Debt of Debt
<br />Anoka County $ 232,765,614 $2,446,886 1.05% $ 84,195,()()()(2) $ 884,048
<br />ISD No. 12, Centennial 21,314,048 2,446,886 11.48 87,333,786(3) 10,025,919
<br />NMISD No. 916 411,410,793 2,446,886 .59 15,568,164(4) 91,852
<br />Metropolitan Council 2,130,242,060 2,446,886 .11 5,468,000 (5) 6,015
<br />Metro Transit 1,837,269,354 2,446,886 .13 113,703,881 (6) 147.815
<br /> Net llUlirect Debt: $11.155649
<br />
<br />(I) Net tax capacity values are aile< tax inoremeot and tis<;al disparity contribution adjustments.
<br />(2) Anoka County bas bond indebtedness ofS84,195,ooo and sinking funds of SO as of December 31, 2003.
<br />(3) lSD No. 12, Centennial, reported bond indebtedness of $95,465,000 and sinking funds ofS5,211,214 as ofJanwuy I, 2004.
<br />(4) NMlSD No. 916, reported bond indebtedness of$15,965,ooo and sinking funds of$396,836 as of June 30, 2003.
<br />(5) Deductions: (A) $661,725,429 MeIropOlitan Waste Cootrol Commission Debt as of December 31,2003.
<br />Note I: Debt Service on A above is 100% self supported from revOllUCS oflbe Metro Sanitary Sewer System, although the bonds
<br />are full faith and credit bonds. Sinking funds of $9,370,000 and escrow funds of $22,930,000 have not been deducted because said
<br />funds are aIlributab1e to A above. Sinking fund/escrow balances are as of December 31, 2003.
<br />Note 2: The only tax supported bond indebtedness is $22,575,000 and sinking funds of$17,107,OOO as of December 31,2003.
<br />(6) Metro Transit "'POrted bond indebtedness of $160,085,000, sinking funds of $40,225,000 and escrow funds of $6,156,119 as of
<br />December 31, 2003.
<br />
<br />-24-
<br />
|