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Actual Actual Adopted Actual Proposed20152016201720172018Taxable Market Value1,694,366,064 1,699,288,883 1,810,747,853 1,808,417,118 1,967,221,026 Annual % Change12.22% 0.29% 6.56% 6.42% 8.78%Total Net Tax Capacity Value18,339,615 18,440,817 19,682,584 19,643,805 21,368,801 Less FD Contribution in Value1,072,910 1,115,822 1,168,161 1,168,180 1,168,180 Less Captured Value for Tax Increment 236,559 261,525 294,599 293,970 293,970 Total Net Tax Capacity Value17,030,146 17,063,470 18,219,82418,181,655 19,906,651Annual % Change 12.46% 0.20% 6.78% 6.55% 9.49%Actual Actual Adopted Actual Proposed2015 2016 2017 2017 2018Total Levy 8,686,072 9,058,428 9,491,855 9,491,855 10,010,486 Less FD Distribution 1,232,171 1,206,188 1,284,902 1,284,902 1,284,902 Total Net Levy for Tax Rate7,453,901 7,852,240 8,206,953 8,206,953 8,725,584Annual % Change5.44% 5.34% 4.52% 4.52% 6.32%Projected City Tax Capacity Rate43.770% 46.019% 45.044% 45.140% 43.833%CITY OF LINO LAKES2018 Proposed General FundNet Tax Capacity CalculationNet Tax Capacity Rate CalculationBudget Work Session 7-31-173
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