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Table 11 <br />CITY OF RAMSEY <br />Computation of Direct and Overlapping <br />Bonded Debt General Obligation Bonds <br />December 31, 2001 <br />Gross General <br />Obligation <br />Bonded Debt Debt Applicable to City <br />Outstanding (1) Percent Amount <br />Direct debt <br />City of Ramsey $ 13,096,000 (2) 100.0 % $ 13,096,000 <br />Overlapping debt <br />Anoka County 88,095,000 5.9 5,179,986 <br />ISD No. 11 (Anoka -Hennepin) 179,821,304 7.7 13,918,169 <br />ISD No. 728 (Elk River) 114,202,118 5.6 6,338,218 <br />Metropolitan Council 26,505,000 (3) 0.6 161,681 <br />Metropolitan Transit Commission 133,523,645 0.7 921,313 <br />Total overlapping debt 542,147,067 26,519,367 <br />(1) <br />Total direct and <br />overlapping debt $ 555,243,067 $ 39,615,367 <br />Excludes general obligation debt supported by revenues, revenue debt, and tax and aid anticipation <br />(2) Includes the City's Lease Revenue Bonds due to the nature of the governmental type revenues used to support <br />this debt. <br />(3) <br />Metropolitan Council also has outstanding $285,045,000 general obligation sanitary sewer bonds and loans <br />which are supported by sewer system revenues. <br />-109- <br />