|
Estimated Share
<br />Total Debt of Overlapping
<br />Outstanding Sinking Funds Net Debt Debt
<br />Direct Debt:
<br />City of Orono 17,210,063 499,559 16,710,504 100.00 %805,441$
<br />ISD No. 276 (Minnetonka)187,869,998 2,226,976 185,643,021 0.24 445,543
<br />ISD No. 277 (Westonka)67,615,000 984,076 66,630,924 26.43 17,610,553
<br />ISD No. 278 (Orono)51,675,000 3,824,573 47,850,427 52.29 25,020,988
<br />ISD No. 284 (Wayzata)187,700,000 17,771,664 169,928,336 0.93 1,580,334
<br />Hennepin County 1,199,355,000 6,817,521 1,192,537,479 2.24 26,712,840
<br />Hennepin Suburban Park 55,385,000 6,468,959 48,916,041 3.03 1,482,156
<br />Hennepin Regional RR Authority 76,945,000 170,267 76,774,733 2.24 1,719,754
<br />Metropolitan Council 178,505,000 137,895,071 40,609,929 1.02 414,221
<br />2,005,049,998 176,159,107 1,828,890,891 74,986,389
<br />75,791,830$
<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 Assessment.
<br />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 schedule
<br />estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses
<br />of the City. This process recognizes that, when considering the ability to issue and repay long-term debt, the
<br />entire debt burden borne by the residents and businesses should be taken into account. However, this does not imply that every
<br />taxpayer is a resident and, therefore, responsible for repaying the debt of each overlapping government.
<br />Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the City. This schedule
<br />estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents and businesses
<br />of the City. Excludes revenue and special assessment bonds.
<br />Total Direct and Overlapping Debt
<br />The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages
<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, 2024
<br />Estimated
<br />Statistical Section (Unaudited)
<br />$ $ $ $
<br />148 175
|