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Direct debt <br />City of Ramsey <br />(3) <br />CITY OF RAMSEY <br />Computation of Direct and Overlapping <br />Bonded Debt General Obligation Bonds <br />December 31, 2002 <br />$ 11,959,000 (2) <br />(1) Excludes general obligation debt supported by revenues, revenue debt, and tax and aid anticipation certificates. <br />-126- <br />Table 11 <br />Gross General <br />Obligation <br />Bonded Debt Debt Applicable to City <br />Outstanding (1) Percent Amount <br />100.0 % $ 11,959,000 <br />Overlapping debt <br />Anoka County 61,210,303 5.9 3,605,287 <br />ISD No. 11 (Anoka - Hennepin) 181,790,583 7.7 13,943,338 <br />ISD No. 728 (Elk River) 147,072,546 5.2 7,603,651 <br />Metropolitan Council 23,194,000 (3) 0.6 143,803 <br />Metropolitan Transit Commission 151,943,000 0.7 1,075,600 <br />Total overlapping debt 565,210,432 26,371,679 <br />Total direct and <br />overlapping debt $ 577,169,432 $ 38,330,679 <br />(2) Includes the City's Lease Revenue Bonds due to the nature of the governmental type revenues used to support this debt. <br />Metropolitan Council also has outstanding $285,045,000 general obligation sanitary sewer bonds and loans which are <br />supported by sewer system revenues. <br />