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Governmental Unit <br />City of Roseville <br />Direct and Overlapping Governmental Activities Debt <br />As of December 31, 2009 <br />(amounts expressed in whole dolars) <br />Cash Held Net Percentage Amount <br />Gross Debt in Debt Debt Applicable Applicable <br />Net of Refunding Service Fund Outstanding to Roseville to Roseville <br />Direct Debt: <br />30,690,562 <br />8% <br />632,823 <br />City of Roseville <br />$ 12,765,000 <br />$ 0 <br />$ 12,765,000 <br />Total Direct Debt <br />15,539,609 <br />$ 84,958,581 <br />Overlapping Debt* <br />School District #621 <br />$ 165,963,495 <br />$ 8,410,426 <br />$ 157,553,069 <br />School District #623 <br />52,630,000 <br />2,317,604 <br />50,312,396 <br />Special School District #916 <br />8,380,000 <br />469,716 <br />7,910,284 <br />Metropolitan Council <br />1,154,165,500 <br />91,587,233 <br />1,062,578,267 <br />Metropolitan Airports Commission <br />1,730,387,000 <br />243,831,097 <br />1,486,555,903 <br />Ramsey County <br />193,302,000 <br />20,639,678 <br />172,662,322 <br />Total Overlapping Debt <br />$ 3,304,827,995 <br />$ 367,255,754 <br />$ 2,937,572,241 <br />Total Direct and Overlapping Debt $ 3,317,592,995 $ 367,255,754 $ 2,950,337,241 <br />100% $ 12,765,000 <br />$ 12,765,000 <br />8% $ 12,604,246 <br />61% <br />30,690,562 <br />8% <br />632,823 <br />1 % <br />10,625,783 <br />1 % <br />14,865,559 <br />9% <br />15,539,609 <br />$ 84,958,581 <br />$ 97,723,581 <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 />121 <br />