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<br />42
<br />Estimated Direct and Overlapping Bonded Debt. The estimated direct and
<br />overlapping bonded debt of the City as of September 1, 2016 is set forth below.
<br />TABLE 15
<br />CITY OF SAN LEANDRO
<br />DIRECT AND OVERLAPPING BONDED DEBT
<br />as of September 1, 2016
<br />2016–17 Assessed Valuation: $11,795,463,763
<br />
<br />OVERLAPPING TAX AND ASSESSMENT DEBT: % Applicable Debt
<br />Bay Area Rapid Transit District 1.826% $ 9,563,675
<br />Chabot–Las Positas Community College District 10.685 57,321,285
<br />San Leandro Unified School District 89.822 165,083,515
<br />San Lorenzo Unified School District 22.080 25,467,072
<br />East Bay Municipal Utility District, Special District No. 1 0.001 73
<br />East Bay Regional Park District 2.816 3,503,245
<br />City of San Leandro Cherrywood Community Facilities District 100.000 2,975,000
<br /> TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT $263,913,865
<br />
<br />DIRECT AND OVERLAPPING GENERAL FUND DEBT:
<br />Alameda County General Fund Obligations 4.642% $41,457,563
<br />Alameda County Pension Obligation Bonds 4.642 2,186,897
<br />Alameda–Contra Costa Transit District Certificates of Participation 5.498 969,023
<br />San Leandro Unified School District Certificates of Participation 89.822 4,491,100
<br />San Lorenzo Unified School District Certificates of Participation 22.080 1,816,080
<br />City of San Leandro General Fund Obligations 100.000 25,198,000 (1)
<br />City of San Leandro Pension Obligation Bonds 100.000 14,345,000
<br /> TOTAL DIRECT AND OVERLAPPING GENERAL FUND DEBT $90,463,663
<br />
<br />OVERLAPPING TAX INCREMENT DEBT (Successor Agencies):
<br />San Leandro Tax Allocation Bonds 100.000 % $13,822,000
<br />Alameda County – San Leandro Tax Allocation Bonds 57.052 13,395,810
<br /> TOTAL OVERLAPPING TAX INCREMENT DEBT $27,217,810
<br />
<br /> COMBINED TOTAL DEBT $381,595,338 (2)
<br />
<br />Ratios to 2016–17 Assessed Valuation:
<br /> Total Overlapping Tax and Assessment Debt ................... 2.24%
<br /> Total Direct Debt ($39,543,000)…………………………..0.34%
<br />
<br /> Combined Total Debt ........................................................ 3.24%
<br />
<br />Ratios to Redevelopment Successor Agency Incremental Valuation ($2,089,126,147):
<br /> Total Overlapping Tax Increment Debt ............................. 1.30%
<br />
<br />
<br />(1) Excludes issue to be sold.
<br />(2) Excludes tax and revenue anticipation notes, enterprise revenue, mortgage revenue and non–bonded capital
<br />lease obligations. Source: California Municipal Statistics, Inc.
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