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Schedule �0
<br /> CITY OF REDWOOD CITY,CALIFORNIA
<br /> DIRECT AND OVERLAPPINC�C�OVERNMENTAL ACTIVITIES DEBT
<br /> As of June 30,2007
<br /> Estimated
<br /> Share of
<br /> Estimated Direct and
<br /> Debt Percentage Overlapping
<br /> C�overnmental Unit Outstanding Applicable� Debt
<br /> � % �
<br /> Debt Repaid with Property Ta,�es
<br /> San Mateo Community College District 662,864,994 10.443 69,222,991
<br /> Sequoia Union High School District 198,340,000 25.736 51,044,782
<br /> Belmont-Redwood Shores School District 11,095,000 48.567 5,388,509
<br /> Redwood City School District 58,993,952 58.265 34,337,867
<br /> San Carlos School District 53,193,665 2.150 1,143,664
<br /> Redwood City Community Facilities District 2000-1 16,795,000 100.000 16,795,000
<br /> Redwood City Redwood Shores Community Facilities District No. 99-1 11,845,000 100.000 11,845,000
<br /> City of Redwood City 1915 Act Bonds 2,605,000 100.000 2,605,000
<br /> TOTAL DEBT REPAID WITH PROPERTY TAXES 192,382,813
<br /> Other Debt
<br /> San Mateo County General Fund Obligations 401,964,816 10.443 41,977,186
<br /> San Mateo County Board of Education Certificates of Participation 13,680,000 10.443 1,428,602
<br /> Belmont-Redwood Shores School District Certificates of Participation 5,905,000 48.567 2,867,881
<br /> San Carlos School District Certificates of Participation 284,887 2.150 6,125
<br /> Midpeninsula Regional Park District General Fund Obligations 108,465,193 8.754 9,495,043
<br /> San Mateo County Mosquito Abatement District Certificates of Participation 1,040,000 14.548 151,299
<br /> TOTAL OTHER DEBT 55,926,136
<br /> City Direct Debt 71,610,664
<br /> Total Direct and Overlapping Debt 319,919,613
<br /> Source: California Municipal Statistics
<br /> Note: 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 and
<br /> businesses of the City of Redwood City. This process recognizes that,when considering the government's ability to issue
<br /> and repay long-term debt,the entire debt burden borne by the residents and businesses should be taken into account.
<br /> However,this does not imply that every taxpayer is a resident, and therefore responsible for repaying the debt of each
<br /> overlapping government.
<br /> 1 The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages
<br /> were estimated by determining the portion of the county's taxable assessed value that is within the government's boundaries
<br /> and dividing it by the county's total taxable assessed value.
<br /> 105
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