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Actual Actual Adopted ActualTNT20152016201720172018Taxable Market Value1,694,366,064 1,699,288,883 1,810,747,853 1,808,417,118 1,962,454,648 Annual % Change12.22% 0.29% 6.56% 6.42% 8.52%Total Net Tax Capacity Value18,339,615 18,440,817 19,682,584 19,643,805 21,320,744 Less FD Contribution in Value1,072,910 1,115,822 1,168,161 1,168,180 1,215,580 Less Captured Value for Tax Increment 236,559 261,525 294,599 293,970 421,342 Total Net Tax Capacity Value17,030,146 17,063,470 18,219,82418,181,655 19,683,822Annual % Change 12.46% 0.20% 6.78% 6.55% 8.26%Actual Actual Adopted Actual TNT2015 2016 2017 2017 2018Total 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 1,360,639 Total Net Levy for Tax Rate 7,453,901 7,852,240 8,206,953 8,206,953 8,416,093Annual % Change 5.44% 5.34% 4.52% 4.52% 2.55%Projected City Tax Capacity Rate43.770% 46.019% 45.044% 45.140% 42.756%CITY OF LINO LAKES2018 Proposed General FundNet Tax Capacity CalculationNet Tax Capacity Rate Calculation
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