Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Direct and Overlapping Governmental Activities Debt
As of June 30, 2009
TABLE 13
154
Estimated Estimated share
Debt Percentage of Overlapping
Outstanding Applicable Debt
Overlapping debt:
Los Angeles County General Fund Obligations $ 928,941,195
1.761% $ 16,358,654
Los Angeles County Pension Obligations 235,690,861 1.761% 4,150,516
Los Angeles County Superintendent of Schools Certificates of Participation 15,904,264 1.761% 280,074
Los Angeles County Flood Control District 84,705,000 1.793% 1,518,761
Metropolitan Water District 293,425,000 0.892% 2,617,351
Santa Monica Community College District 241,365,685 58.287% 140,684,817
Los Angeles Unified School District 8,046,220,000 0.0002% 16,092
Santa Monica-Malibu Unified School District 126,280,034 58.358% 73,694,502
Los Angeles County Regional Park and Open Space Assessment District 246,875,000 1.761% 4,347,469
Santa Monica Community College District Certificates of Participation 26,710,000 58.287% 15,568,458
Los Angeles Unified School District Certificates of Participation 440,351,710 0.0002% 881
Los Angeles Community College District 2,408,605,000 0.009% 216,774
Santa Monica-Malibu Unified School District Certificates of Participation 16,776,501 58.358% 9,790,430
Subtotal, overlapping debt 269,244,779
City direct governmental debt 175,120,324
Total direct and overlapping governmental debt $ 444,365,103
Source: California Municipal Statistics, Inc.