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Indirect Debt
<br />
<br />Taxing Unit
<br />
<br /> 1992 Taxable
<br />Net Tax Capacity
<br />
<br /> G.O. Debt
<br />As of 8-2-93(a)
<br />
<br /> Debt Applicable to
<br />Tax Capacity in City
<br />Percent Amount
<br />
<br />Anoka County
<br />lSD 11 (Anoka-Hennepin)
<br />lSD 728 (Elk River)
<br />Metropolitan Council
<br />Regional Transit Dist.
<br />
<br />$149,658,011 $54,400,695(b) 4.5% $2,448,031
<br />74,632,924 58,503,635 7.7 4,504,780
<br />16,017,274 39,960,000 6.1 2,437,560
<br />1,862,579,652 40,840,000(°) 0.4 163,360
<br />1,701,455,732 64,400,000 0.4 257,600
<br />
<br />Total
<br />
<br />(a)
<br />
<br />$9,811,331
<br />
<br /> Excludes general obligation debt supported by revenues, revenue debt, and tax and aid anticipation
<br /> certificates.
<br />(b) Includes $1,365,000 of outstanding unlimited tax parking facility bonds issued by the City of Anoka
<br /> Housing and Redevelopment Authority and $3,695,000 of pubfic project revenue refunding bonds
<br /> issued by the City of Blaine Economic Development Authority, all of which are payable solely by the
<br /> County pursuant to a lease agreements between the County and the various public entities.
<br />(c) Metropolitan Council also has outstanding $519,190,000 general obligation sanitary sewer bonds and
<br /> loans which are supported by system revenues.
<br />
<br />To 1992 Indicated Market Value
<br />Per Capita (13,269 - 1992 Metropolitan Council Estimate)
<br />
<br />Debt Ratios Including This Issue and Excluding the Refunded Bonds
<br />
<br /> G.O. Net
<br /> Direct Debt
<br />
<br /> 1.1 9%
<br /> $388
<br />
<br />G.O. Indirect &
<br />Net Direct Debt
<br />
<br />3.46%
<br />$1,1 27
<br />
<br />CITY TAX RATES, LEVIES AND COLLECTIONS
<br />
<br />Tax Capacity Rates for a City Resident in lSD 11
<br />
<br /> 1 992/93
<br />For
<br />1988/89 1989/90 1990/91 1991/92 Total Debt Only
<br />
<br />Anoka County
<br />City of Ramsey
<br />lSD 11 (Anoka-Hennepin)
<br />Special Districts*
<br />
<br />27.425% 28.846% 31.400% 32.990% 32.779% 1.956%
<br />13.942 15.193 13.413 15.216 16.182 0.259
<br />51.384 47.893 51.779 56.525 63.717 5.1 09
<br />1.51 9 1.012 1.060 1.244 1.032 0.667
<br />
<br />Total 94.270% 92.944% 97.652% 105.975% 113.710% 7.991%
<br />
<br />* Special Districts include the Metropolitan Council, Regional Transit Area, Metropofitan Mosquito
<br /> Control and the Anoka County Regional Railroad Authority.
<br />
<br />NOTE: For properly taxes payable in 1989, taxes were determined by multiplying the gross tax capacity
<br /> by the tax capacity rate, expressed as a percentage. This replaced the use of assessed value
<br /> multiplied by mill rates. Beginning with taxes payable in 1990, net tax capacity has replaced
<br /> gross tax capacity as the basis on which taxes are levied (see Appendix II).
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