|
Overlapping Debt
<br /> 1999/2000
<br /> 1999/2000 Net Tax
<br /> Net Tax Capacity Percentage City 's
<br /> Capacity Value Applicable Share
<br /> Issuer Value') in Citv1J) in City Net Debt of Debt
<br /> County of Anoka $ 202,945,741 $1,705,645 .84% $ 84,210,000( 2 ) $ 707,364
<br /> ISD No. 12,
<br /> Centennial 18,238,202 1,705,645 9.35 64,480,3321 6,028,911
<br /> NMISD No. 916 421,181,735 1,705,645 .40 19,365,8430) 77,463
<br /> Metropolitan
<br /> Council 2,244,229,627 1,705,645 .08 24,565,0001 19,652
<br /> Metro Transit 1,988,859,543 1,705,645 .09 56,312,321( 50.681
<br /> Total Overlapping Debt: $6,884,071
<br /> Overlapping Debt Future Financing
<br /> County of Anoka The County does not anticipate the issuance of
<br /> any additional general obligation bonding
<br /> within the next three months.
<br /> ISD No. 12, Centennial The District anticipates the issuance of ap-
<br /> proximately $35,500,000 in general obligation
<br /> bonds within the next three months. The City
<br /> is scheduled to vote on the proposed issue on
<br /> the November 7, 2000 referendum.
<br /> NMISD No. 916 The District does not anticipate the issuance of
<br /> any additional bonding within the next three
<br /> months.
<br /> Metropolitan Council Metropolitan Council does not anticipate the
<br /> issuance of any additional bonding within the
<br /> next three months.
<br /> Metro Transit Metro Transit does not anticipate the issuance
<br /> of any additional bonding within the next three
<br /> months.
<br /> ( Net tax capacity values are after tax increment and fiscal disparity contribution to pool but before distribution from pool.
<br /> ( Anoka County reported bond indebtedness of $84,2 10,000 and sinking funds of $0 as of December 31, 1999.
<br /> ( ISD No. 12, Centennial, reported bond indebtedness of $64,854,000 and sinking funds of $373,668 as of June 30, 2000.
<br /> ( NMISD No. 916, reported bond indebtedness of $20,060,000 and sinking funds of $694,157 as of June 30, 2000.
<br /> ( Deductions: (A) $513,845,139 Metropolitan Waste Control Commission Debt as of December 31, 1999.
<br /> Note 1: 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 $17,078,000 and escrow account funds of $33,290,800 have
<br /> not been deducted because said funds are attributable to A above. Fund balances are as of December 31, 1999.
<br /> Note 2: The only tax supported bond indebtedness is $28,855,000 with sinking funds of $4,290,000 as of December 31, 1999.
<br /> (6) Metro Transit reported bonded indebtedness of $79,927,310, sinking funds of $22,289,000 and escrow funds of $1,325,989 as of
<br /> December 31, 1999.
<br /> -30-
<br />
|