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CITY OF RAMSEY <br />Computation of Direct and Overlapping <br />Bonded Debt General Obligation Bonds <br />December 31, 1999 <br />Table 11 <br />Gross General <br />Obligation <br />Bonded Debt Debt Applicable to City <br />Outstanding (1) Percent Amount <br />Direct debt <br />City. of Ramsey $ 7,125,000 (2) 100.0 % $ 7,125,000 <br />Overlapping debt <br />Anoka County 75,276,885 4.6 4,650,140 <br />ISD No. 11 (Anoka-Hennepin) 81,329,8 ] 7 6.1 8,065,328 <br />1SD No. 728 (Elk River) 63,095,000_ 5.7 3,714,975 <br />Metropolitan Council 18,262,]89 (3) 0.4 136,360 <br />Metropolitan Transit Commission 59,981,000 0.4 340,800 <br />Total overlapping debt 297,944,891 16,907,603 <br />Total direct and <br />overlapping debt $ 305,069,891 $ 24,032,603 <br />(1) Excludes general obligation debt supported by revenues, revenue debt, and tax and aid anticipation certificates. <br />(2) Includes the City's Lease Revenue Bonds due to the nature of the governmental type revenues used to support this <br />debt. <br />(3) Metropolitan Council also has outstanding $285,045,000 general obligation sanitary sewer bonds and loans which <br />are supported by sewer system revenues. <br />-106- <br />