|
Estimated Share
<br />Total Debt of Overlapping
<br />Outstanding Sinking Funds Net Debt Debt
<br />Direct Debt:
<br />City of Orono 5,185,000$ 2,140,542$ 3,044,458$ 100.00 %3,044,458$
<br />ISD No. 278 (Orono)62,545,000 4,126,874 58,418,126 52.77 30,827,245
<br />ISD No. 276 (Minnetonka)112,035,000 2,539,695 109,495,305 0.26 284,688
<br />ISD No. 277 (Westonka)37,555,000 906,469 36,648,531 26.58 9,741,180
<br />ISD No. 284 (Wayzata)226,360,000 22,043,846 204,316,154 0.93 1,900,140
<br />Hennepin County 1,017,430,000 18,639,702 998,790,298 1.88 18,777,258
<br />Hennepin Suburban Park 52,330,000 9,375,358 42,954,642 2.70 1,159,775
<br />Hennepin Regional RR Authority 94,705,000 845,578 93,859,422 1.88 1,764,557
<br />Metropolitan Council 245,380,000 142,154,372 103,225,628 0.89 918,708
<br />1,848,340,000 200,631,894 1,647,708,106 65,373,551
<br />68,418,009$
<br />(1)
<br />Note 1:
<br />Note:
<br />Source 1:
<br />Source 2:
<br />Hennepin County
<br />Total Overlapping Debt
<br />Assessed value data used to estimate applicable percentages provided by the County Board of Equalization and
<br />Assessment. Debt outstanding data provided by the county.
<br />Overlapping governments are those that coincide,at least in part, with the geographic boundaries of the City.This
<br />schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents
<br />and businesses of the City.This process recognizes that,when considering the government’s ability to issue and repay
<br />long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. However,this
<br />does not imply that every taxpayer is a resident and,therefore, responsible for repaying the debt of each overlapping
<br />government.
<br />The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable
<br />Overlapping governments are those that coincide,at least in part, with the geographic boundaries of the City.This
<br />schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents
<br />and businesses of the City. Excludes revenue and special assessment bonds.
<br />Total Direct and Overlapping Debt
<br />Overlapping Debt:
<br />Applicable
<br />Percentage
<br />Governmental Unit
<br />City of Orono, Minnesota
<br />Direct and Overlapping Governmental Activities Debt
<br />as of December 31, 2020
<br />Estimated
<br />Statistical Section (Unaudited)
|