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CITY OF RAMSEY <br />Computation of Direct and Overlapping <br />Bonded Debt General Obligation Bonds <br />December 31, 1998 <br />Direct debt <br />City of Ramsey <br />Overlapping debt <br />Anoka County <br />ISD No. 11 (Anoka-Hennepin) <br />ISD No. 728 (Elk River) <br />Metropolitan Council <br />Regional Transit Board <br />Total overlapping debt <br />Total direct and <br />overlapping debt <br />Table 1 ] <br />Gross General <br />Obligation <br />Bonded Debt Debt Applicable to City <br />Outstanding (1) Percent Amount <br />$ 4,695,000 100.0 % $ 4,695,000 <br />101,090,000 <br />132,218,490 <br />65,175,000 <br />34,090,000 (2) <br />85,200,000 <br />4.6 4,650,140 <br />6.1 8,065,328 <br />5.7 3,714,975 <br />0.4 136,360 <br />0.4 340,800 <br />417,773,490 <br />$ 422,468,490 <br />16,907,603 <br />$ 21,602,603 <br />(1) Excludes general obligation debt supported by revenues, revenue debt, and tax and aid anticipation <br />certificates. <br />(2) Metropolitan Council also has outstanding $285,045,000 general obligation sanitary sewer bonds and <br />loans which are supported by sewer system revenues. <br />-115- <br />