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Level of Overlapping Debt <br />Taxing District <br />2013/14 Taxable City's <br />Net Tax Capacity �0 in Ci <br />° ty Total GO Debt Proportionate <br />Share <br />Anoka County <br />I.S.D No. 11 (Anoka -Hennepin) <br />I.S.D No. 782 (Elk River) <br />Metropolitan Council <br />City's Share Total of Overlapping Debt <br />$ 271,469,369 <br />$ 177,995,880 <br />$ 59,861,669 <br />$ 2,999,061,916 <br />7.1304% $ <br />9.6604% $ <br />3.6110% $ <br />0.6454% $ <br />106,810,000 $ <br />58,620,000 $ <br />246,755,000 $ <br />155,020,000 $ <br />Relative Costs and Benefits of Alternative Uses of the Funds <br />There are no significant alternatives for funds designated for this project. <br />Operating Costs of the Proposed Improvements <br />7,615,980 <br />5,662,926 <br />8,910,323 <br />1,000,499 <br />23,189, 729 <br />Operating costs will be comparable or less than the current building largely <br />due to HVAC systems being more efficient that the current site. Also, the <br />new building will have smaller square footage to heat and cool (verses <br />heating and cooling the entire "old city hall). <br />Options for Shared Facilities with Other Cities or Local Government <br />Options for mutual use include a planned space for police patrol to use as a <br />report writing location. Also, future use may include ambulance service <br />staging from this location. <br />Ehlers & Associates, Inc. Page 9 <br />