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City of Ramsey <br />Direct and Overlapping Governmental Activities Debt <br />As of December 31, 2022 <br />Governmental Unit <br />Debt repaid with property taxes: <br />Anoka County <br />ISD No. 11, Anoka -Hennepin <br />ISD No. 728, Elk River <br />Metropolitan Council <br />Subtotal, overlapping debt <br />City of Ramsey direct debt <br />Total direct and overlapping debt <br />Estimated <br />Estimated <br />Share of <br />Debt <br />Percentage <br />Overlapping <br />Outstanding <br />Applicable(1) <br />Debt <br />$ 48, 670, 000 <br />7.60% <br />$ 3, 698,190 <br />245, 055, 000 <br />10.15% <br />24, 867, 201 <br />2887640,000 <br />3.47% <br />10,021,292 <br />2187520,000 <br />0.70% <br />1,5391692 <br />4011261376 <br />37,1067694 100.00% 3771061694 <br />$ 7712331070 <br />Sources: Assessed value data used to estimate applicable percentages provided by the County Board of Equali- <br />zation and Assessment. Debt outstanding data provided by the county. <br />Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the city. <br />This schedule estimates the portion of the outstanding debt of those overlapping governments that is borne <br />by the residents and businesses of the City of Ramsey. This process recognizes that, when considering <br />the government's ability to issue and repay long-term debt, the entire debt burden borne by the residents <br />and businesses should be taken into account. However, this does not imply that every taxpayer is a <br />resident, and therefore responsible for repaying the debt, of each overlapping government. <br />(1) The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable <br />percentages were estimated by determining the portion of the county's taxable assessed value that is within <br />the city's boundaries and dividing it by the county's total taxable assessed value. <br />150 <br />