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06-05-2017 Council Packet
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06-05-2017 Council Packet
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2/8/2018 11:00:15 AM
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6/6/2017 2:19:50 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/05/2017
Council Meeting Type
Work Session Regular
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CITY OF LINO LAKES, MINNESOTA Exhibit 5 <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES <br />Tax Capacity Tax Capacity <br />Values Values <br />2015/2016 2014/2015 <br />Taxable valuations: <br />Total $18,440,817 $18,339,615 <br />Fiscal disparities: <br /> Distribution 2,755,743 2,639,444 <br /> Contribution (1,115,822) (1,072,910) <br />Less: Captured Tax Increment Value (261,525) (236,559) <br />$19,819,213 $19,669,590 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes Levied: <br />Revenue $7,018,572 35.025 $7,490,578 37.819 <br />Bond and Interest 2,039,856 10.994 1,195,494 5.951 <br />Totals $9,058,428 46.019 $8,686,072 43.770 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution. <br />85 <br />179
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