|
ActualActualAdoptedActualProposed20152016201720172018Taxable Market Value 1,694,366,064 1,699,288,883 1,810,747,853 1,808,417,118 1,962,740,842 Annual % Change 12.22% 0.29% 6.56% 6.42% 8.53%Total Net Tax Capacity Value 18,339,615 18,440,817 19,682,584 19,643,805 21,324,473 Less FD Contribution in Value 1,072,910 1,115,822 1,168,161 1,168,180 1,215,580 Less Captured Value for Tax Increment 236,559 261,525 294,599 293,970 293,970 Total Net Tax Capacity Value17,030,14617,063,47018,219,82418,181,65519,814,923Annual % Change 12.46% 0.20% 6.78% 6.55% 8.98%ActualActualAdoptedActualProposed20152016201720172018Total Levy 8,686,072 9,058,428 9,491,855 9,491,855 9,776,732 Less FD Distribution 1,232,171 1,206,188 1,284,902 1,284,902 1,360,629 Total Net Levy for Tax Rate 7,453,901 7,852,240 8,206,953 8,206,953 8,416,103Annual % Change 5.44% 5.34% 4.52% 4.52% 2.55%Projected City Tax Capacity Rate43.770%46.019%45.044%45.140%42.474%CITY OF LINO LAKES2018 Proposed General FundNet Tax Capacity CalculationNet Tax Capacity Rate Calculation
|