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CITY OF LINO LAKES
<br />2018 Adopted General Fund
<br />Net Tax Capacity Calculation
<br />Actual Adopted Adopted
<br />2016 2017 2018
<br />Taxable Market Value 1,699,288,883 1,810,747,853 1,962,454,648
<br />Annual % Change
<br />0.29% 6.56% 8.52%
<br />Total Net Tax Capacity Value 18,440,817 19,682,584 21,320,744
<br />Less FD Contribution in Value 1,115,822 1,168,161 1,215,580
<br />Less Captured Value for Tax Increment 261,525 294,599 421,342
<br />Total Net Tax Capacity Value 17,063,470 18,219,824 19,683,822
<br />Annual % Change 0.20% 6.78% 8.26%
<br />Net Tax Capacity Rate Calculation
<br />Total Levy
<br />Less FD Distribution
<br />Total Net Levy for Tax Rate
<br />Annual % Change
<br />Actual Adopted Adopted
<br />2016 2017 2018
<br />9,058,428
<br />1,206,188
<br />9,491,855 9,776,732
<br />1,284,902 1,360,639
<br />7,852,240
<br />5.34%
<br />8,206,953 8,416,093
<br />4.52% 2.55%
<br />Projected City Tax Capacity Rate 46.019%
<br />45.044% 42.756%
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