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CITY OF LINO LAKES
<br />2018 Proposed General Fund
<br />Net Tax Capacity Calculation
<br />Actual Actual Adopted Actual
<br />2015 2016 2017 2017
<br />TNT
<br />2018
<br />Taxable Market Value 1,694,366,064 1,699,288,883 1,810,747,853 1,808,417,118 1,962,454,648
<br />Annual % Change
<br />12.22% 0.29% 6.56% 6.42% 8.52%
<br />Total Net Tax Capacity Value 18,339,615 18,440,817 19,682,584 19,643,805 21,320,744
<br />Less FD Contribution in Value 1,072,910 1,115,822 1,168,161 1,168,180 1,215,580
<br />Less Captured Value for Tax Increment 236,559 261,525 294,599 293,970 421,342
<br />Total Net Tax Capacity Value 17,030,146 17,063,470 18,219,824 18,181,655 19,683,822
<br />Annual % Change 12.46% 0.20% 6.78% 6.55% 8.26%
<br />Total Levy
<br />Less FD Distribution
<br />Total Net Levy for Tax Rate
<br />Annual % Change
<br />Net Tax Capacity Rate Calculation
<br />Actual Actual Adopted Actual
<br />2015 2016 2017 2017
<br />TNT
<br />2018
<br />8,686,072
<br />1,232,171
<br />9,058,428 9,491,855
<br />1,206,188 1,284,902
<br />9,491,855 9,776,732
<br />1,284,902 1,360,639
<br />7,453,901
<br />5.44%
<br />7,852,240 8,206,953
<br />5.34% 4.52%
<br />8,206,953 8,416,093
<br />4.52% 2.55%
<br />Projected City Tax Capacity Rate 43.770% 46.019% 45.044% 45.140% 42.756%
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