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Comprehensive Annual Financial Report 12/31/2015
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Comprehensive Annual Financial Report 12/31/2015
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Comprehensive Annual Financial Report
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12/31/2015
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CITY OF LINO LAKES, MINNESOTA <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES <br />Exhibit 5 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution <br />102 <br />Tax Capacity <br />Tax Capacity <br />Values <br />Values <br />2014/2015 <br />2013/2014 <br />Taxable valuations: <br />Total <br />$ 18,339,615 <br />$ 16,439,245 <br />Fiscal disparities: <br />Distribution <br />2,639,444 <br />2,623,227 <br />Contribution <br />(1,072,910) <br />(1,063,999) <br />Less: Captured Tax Increment Value <br />(236,559) <br />(232,280) <br />$ 19,669,590 <br />$ 17,766,193 <br />Tax <br />Tax <br />Certified <br />Capacity <br />Certified <br />Capacity <br />Levy <br />Rate <br />Levy <br />Rate <br />Taxes Levied: <br />Revenue <br />$ 7,490,578 <br />37.819 <br />$ 7,098,922 <br />39.784 <br />Bond and Interest <br />1,195,494 <br />5.951 <br />1,197,122 <br />6.899 <br />Totals <br />$ 8,686,072 <br />43.770 <br />$ 8,296,044 <br />46.683 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution <br />102 <br />
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