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ActualActualAdoptedActualTNT20152016201720172018Taxable Market Value 1,694,366,064 1,699,288,883 1,810,747,853 1,808,417,118 1,962,454,648 Annual % Change 12.22% 0.29% 6.56% 6.42% 8.52%Total Net Tax Capacity Value 18,339,615 18,440,817 19,682,584 19,643,805 21,320,744 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 236,559 261,525 294,599 293,970 421,342 Total Net Tax Capacity Value17,030,14617,063,47018,219,82418,181,65519,683,822Annual % Change 12.46% 0.20% 6.78% 6.55% 8.26%ActualActualAdoptedActualTNT20152016201720172018Total 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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