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City of Roseville <br />Direct and Overlapping Governmental Activities Debt <br />As of December 31, 2008 <br />(amounts expressed in whole dolars) <br />Total Direct and Overlapping Debt $ 3,314,987,371 $ 355,772,576 $ 2,959,214,795 <br />Percentage Amount <br />Applicable Applicable <br />to Roseville to Roseville <br />100% $ 12,750,000 <br />$ 12,750,000 <br />8% <br />$ 10,910,725 <br />Cash Held <br />Net <br />8% <br />Gross Debt <br />in Debt <br />Debt <br />Governmental Unit <br />Net of Refunding <br />Service Fund <br />Outstanding <br />9% <br />16,147,318 <br />$ 75,671,101 <br />Direct Debt: <br />City of Roseville <br />$ 12,750,000 <br />$ 0 <br />$ 12,750,000 <br />Total Direct Debt <br />Overlapping Debt* <br />School District #621 <br />$ 144,948,495 <br />$ 8,564,427 <br />$ 136,384,068 <br />School District #623 <br />36,325,000 <br />1,984,254 <br />34,340,746 <br />Special School District #916 <br />9,710,000 <br />450,307 <br />9,259,693 <br />Metropolitan Council <br />1,116,379,876 <br />70,969,452 <br />1,045,410,424 <br />Metropolitan Airports Commission <br />1,790,917,000 <br />255,847,849 <br />1,535,069,151 <br />Ramsey County Library <br />8,040,000 <br />1,453,935 <br />6,586,065 <br />Ramsey County <br />195,917,000 <br />16,502,352 <br />179,414,648 <br />Total Overlapping Debt <br />$ 3,302,237,371 <br />$ 355,772,576 <br />$ 2,946,464,795 <br />Total Direct and Overlapping Debt $ 3,314,987,371 $ 355,772,576 $ 2,959,214,795 <br />Percentage Amount <br />Applicable Applicable <br />to Roseville to Roseville <br />100% $ 12,750,000 <br />$ 12,750,000 <br />8% <br />$ 10,910,725 <br />61% <br />20,947,855 <br />8% <br />740,775 <br />1 % <br />10,454,104 <br />1 % <br />15,350,692 <br />17% <br />1,119,631 <br />9% <br />16,147,318 <br />$ 75,671,101 <br />$ 88,421,101 <br />*Note: Overlapping governments are those that coincide, at least in part, with the goegraphic boundaries of the city. This schedule <br />estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses of the <br />City of Roseville. This process recognizes that, when considering the government's ability to issue and repay long -term debt, the <br />entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every <br />taxpayer is a resident, and therefore responsible for repaying the debt, of each overlapping government. <br />122 <br />