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<br />
<br />. Schedule 10
<br />CITY OF REDWOOD CITY, CALIFORNIA
<br />. DIRECT AND .~VERLAPPING GOVERNMENTAL ACTJVlTrES:DEBT
<br />As of June 30,.2008
<br />
<br />. .Governmental Unit
<br />
<br />Debt Repaid wit~..Pro.perty Taxes . .
<br />, , SaQ Mateo COmmu11ity College District. .
<br />Sequoia Union High..Sch~ol District . .
<br />. . Belmont-Redw~od Shores School District". . ' ,
<br />.. ... Belmont-Redwood Shores School District School Facilities' Improvement Distr.
<br />.. Redwood City School District . -:
<br />San Carlos School District' , . . . . .
<br />.. RedwOod City Ge~e~ll,mprovemen,tpistrict No. 1;.~4,.
<br />.: Redwood.City Community Facilities District ~600.Ji
<br />. Redwood City Redwood Shores Coinmun;ity Facilities District No.. 99-1 .
<br />. Cio/ of Redwood Cityl9l5 Act Bonds: ,
<br />TOTAL DEBT REPAID WITH PROPERTY TAXES,
<br />'. .!
<br />
<br />.,
<br />Other Debt :.. .'. ' ,
<br />;, San Mateo County General Fund D,bHgations, : .' :.. .,
<br />.: San Mateo County' Board ofEducationl CertifiCa~s of Participation
<br />. "I~elm{)rit-R.edwo()d' Shores School o i,stri ct Ceitifi~ies' of Part,icipation
<br />San Carlos School'District Certificates:of Participation ..
<br />Midpeninsula Regional Park District.General Fund'Obligati,ons
<br />.' CitY qfRe~wood City General Fund Obligations . ., .
<br />: San. Mateo County Mosquitt:> Abatement .District Certificates of Partidpation
<br />. TOTAL QTHER DEBlr .
<br />
<br />City Direc~ J)ebf
<br />TotSl Direct and Overlapping Debt
<br />
<br />.: ,:
<br />,
<br />
<br />. . .
<br />. . . .
<br />. .
<br />Source:. <1Jif9rniaMunicipaJ Statistics,
<br />
<br />Estimated
<br />Percentage,
<br />Applicable I
<br />%,::
<br />
<br />10.546
<br />25,897 .
<br />.49.344
<br />99.980
<br />58.626
<br />:2201
<br />100,000 .
<br />100.ono
<br />100.000
<br />.. 100.000
<br />
<br />10.546 .
<br />10.546.'
<br />49.344".
<br />2.201 :
<br />.8.804
<br />100.000 .
<br />.14;684
<br />
<br />.~'..... ~. - ............. ,_.. -..-. ,.
<br />. ,.
<br />
<br />Estimated
<br />Share of
<br />Direct ~nd.,
<br />~erlapping
<br />, ; Debt
<br />$
<br />
<br />68,614,385
<br />. 69;661,635
<br />5,287,210
<br />24,995,000
<br />33,542,443
<br />1,154,06.5
<br />179,000
<br />, !.:, 15,62'0,000
<br />11,630,000
<br />1,780,000 .
<br />232,454,738
<br />
<br />41 ,234.3~13:'
<br />tA07,364
<br />2.842,2 14
<br />4,818
<br />9,230,131
<br />22,490,000
<br />: .116,738
<br />77.325,578,
<br />
<br />. 46.212,874
<br />
<br />.. 355,993,190
<br />
<br />.. .:":;. . ' : . :': . .: : : "
<br />
<br />, Note: bverl~ppin'g govemlnents are those that coincide. a~'least in part, with th.e geographic, boundaries: of the city. This
<br />, schedule esti~1.~ttes the portion ofth~ outstanding ~ebt of those overlapping gov~mments that is borne by the residents and
<br />. busirl.esses :o(th,e{~ity of Redwood: City '. This process recognizes tha~ when considering..the govemment1s ability to issue
<br />. and repay fang-term debt;the ennre debt burden borne by th:e.residen.ts and businesses;.shouldbe takeo into account
<br />. However, this does not imply tbat :ev~ry .taxpayer. Is: a. 'reside~t, and tllerefore responsible for repaYing the d.ebt of each
<br />overlapping government. .. .. . .
<br />
<br />1 The percentage of. overlapping debt, applicable is estimate.d.using taxable asses~d pr~pertY value~~ Applicable percentages
<br />were estimated by detennining Ole portion of the county's taxable assessed value that is jWithin:the govemmenfs boundaries
<br />and dividing it by the county's total taxabl~ assessed value. ' , . . ..'
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