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CITY OF RAMSEY, MINNESOTA <br />COMPUTATION OF DIRECT AND OVERLAPPING BONDED DEBT <br />GENERAL OBLIGATION BONDS <br />December 31, 1996 <br />Gross General <br />Obligation <br />Bonded Debt Debt Applicable to City <br />Jurisdicition Outstandine (al ~ In <br />Direct: <br />City of Ramsey $ 5,530,000 100.0% $ 5,530,000 <br />Overlapping: <br />Anoka County $ 88,780,000 4.6% 4,083,880 <br />ISD #11 (Anoka-Hennepin) $ 141,687,792 6.1% 8,642,955 <br />ISD #728 (Elk River) $ 41,360,000 5.7% 2,357,520 <br />Metropolitan Council $ 27,965,000 (b) 0.4% 111,860 <br />Regional Transit Board $ 82,560,000 0.4% 330,240 <br />Total $ 21,056,455 <br />Table 11 <br />(a) Excludes general obligation debt supported by revenues, revenue debt, and tax and aid anticipation certificates. <br />(b) Metropolitan Council also has oustanding $285,045,000 general obligation sanitary sewer bonds and loans which <br />are supported by sewer system revenues. <br />-110- <br />