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City of Lino Lakes
<br />2019 Proposed Tax Levy
<br />Adopted Adopted Proposed Difference
<br />2017 2018 2019 2018-2019 % Change
<br />General Fund Levy 7,360,431 8,165,859 8,299,715 133,856 1.64%
<br />Special Levy - PERA Contribution - - - ***
<br />Total Operating Levy 7,360,431 8,165,859 8,299,715 133,856 1.64%
<br />Debt Levy
<br />Certificate of Indebtedness 2014 178,164 - - ***
<br />Certificate of Indebtedness 2015A 71,749 70,258 - (70,258) (100.00%)
<br />Certificate of Indebtedness 2015B 215,030 214,090 213,119 (971) (0.45%)
<br />Certificate of Indebtedness 2016 172,189 167,097 167,559 462 0.28%
<br />Certificate of Indebtedness 2017 113,087 111,395 (1,692) (1.50%)
<br />Certificate of Indebtedness 2018 115,211 115,211 ***
<br />G.O. Tax Abatement Bond 2006C (2) - - ***
<br />G.O. CIP Refunding Bond 2006E (3) 464,100 - - ***
<br />G.O. Bond 2012A (Signal Project) (1) 177,692 176,390 180,012 3,623 2.05%
<br />G.O. Bond 2015A (Street Reconstruction) (1) 217,127 219,227 215,972 (3,255) (1.48%)
<br />G.O. Bond 2015A - Abatement Portion 56,096 55,151 54,206 (945) (1.71%)
<br />EDA Lease/Revenue Bond 2015 (Fire Station #2) 317,717 319,397 315,722 (3,675) (1.15%)
<br />G.O. Tax Abatement Refunding Bond 2016C (2) 261,560 276,176 289,097 12,920 4.68%
<br />G.O Bond 2018A (Street Reconstruction) - - 200,000 200,000 ***
<br />Total Debt Levy 2,131,424 1,610,873 1,862,292 251,420 15.61%
<br />Total Levy
<br />(1) Levy result of Voter -Approved Referendum
<br />(2) Levy result of participation in YMCA project
<br />(3) Levy result of Civic Complex Construction.
<br />9,491,855 9,776,732 10,162,007
<br />385,276 3.94%
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