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Comprehensive Annual Financial Report 12/31/2018
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Comprehensive Annual Financial Report 12/31/2018
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8/24/2021 1:13:19 PM
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Comprehensive Annual Financial Report
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12/31/2018
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CITY OF LINO LAKES, MINNESOTA <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES Exhibit 5 <br />Tax Capacity Tax Capacity <br />Values Values <br />2017/2018 2016/2017 <br />Taxable valuations: <br />Total $21,289,294 $19,643,805 <br />Fiscal disparities: <br /> Distribution 3,014,265 2,792,112 <br /> Contribution (1,215,584) (1,168,180) <br />Less: Captured Tax Increment Value (421,495) (293,970) <br />$22,666,480 $20,973,767 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes Levied: <br />Revenue $8,165,859 36.168 $7,360,431 35.105 <br />Bond and Interest 1,610,873 6.658 2,131,424 10.035 <br />Totals $9,776,732 42.826 $9,491,855 45.140 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution. <br />171
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