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City of Ramsey <br />Direct and Overlapping Governmental Activities Debt <br />As of December 31, 2024 <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 Share of <br />Debt Percentage Overlapping <br />Outstanding Applicable(1) Debt <br />$ 39,220,000 7.77% $ 3,047,557 <br />231,070,000 10.42% 24,086,664 <br />263,240,000 3.14% 8,262,882 <br />219,167,000 0.76% 1,665,669 <br />37, 062, 774 <br />39,950,176 100.00% 39,950,176 <br />$ 77, 012, 950 <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 />