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City of Lino Lakes
<br />2020 Proposed Tax Levy
<br />Adopted Adopted
<br />2018 2019
<br />Proposed
<br />2020
<br />Difference
<br />2019-2020 % Change
<br />Operating Levy
<br />General Fund Levy ]
<br />8,165,859 1 8,193,124 }
<br />8,368,756 I
<br />175,632 2.14%
<br />Total Operating levy
<br />8,165,859 8,193,124
<br />8,368,756
<br />175,632 2.14%
<br />Debt Levies
<br />Final Levy Year
<br />Purpose
<br />Certificate of Indebtedness 2015A
<br />2018
<br />Police/Fleet Capital Equipment
<br />70,258
<br />-
<br />-
<br />-
<br />"'
<br />Certificate of Indebtedness 2015B
<br />2020
<br />Fire Capital Equipment
<br />214,090
<br />213,119
<br />214,216
<br />1,097
<br />0.51%
<br />Certificate of Indebtedness 2016
<br />2019
<br />Police/Fleet Capital Equipment
<br />167,097
<br />167,559
<br />-
<br />(167,559)
<br />(100.00%)
<br />Certificate of Indebtedness 2017
<br />2020
<br />Police/Fleet Capital Equipment
<br />113,087
<br />111,395
<br />111,353
<br />(43)
<br />(0.04%)
<br />Certificate of Indebtedness 2018
<br />2021
<br />Police/Fleet Capital Equipment
<br />-
<br />115,211
<br />107,100
<br />(8,111)
<br />(7.04%)
<br />Certificate of Indebtedness 2019
<br />2022
<br />Police/Fleet Capital Equipment
<br />-
<br />-
<br />140,119
<br />140,119
<br />"*'
<br />G.O. Bond 2012A (1)
<br />2023
<br />Main St/Lake Dr & Birch St/Ware Rd Traffic
<br />Signals/Refund 2003A Series Bonds (Elm Street,
<br />Twilight Acres Water Main, Century Farm Lift Station)
<br />176,390
<br />180,012
<br />178,080
<br />(1,932)
<br />(1.07%)
<br />G.O. Bond 2015A (1)
<br />2030
<br />Shenandoah Area Street Reconstruction Improv
<br />219,227
<br />215,972
<br />222,692
<br />6,720
<br />3.11%
<br />G.O. Bond 2015A - Abatement Portion
<br />2026
<br />Birch Street Sanitary Sewer Ext & Tum Lanes
<br />55,151
<br />54,206
<br />48,536
<br />(5,670)
<br />(10.46%)
<br />EDA Lease/Revenue Bond 2015
<br />2035
<br />Fire Station #2
<br />319,397
<br />315,722
<br />317,297
<br />1,575
<br />0.50%
<br />G.O. Tax Abatement Refunding Bond 2016C
<br />2022
<br />City's Participation in YMCA Project
<br />276,176
<br />289,097
<br />301,571
<br />12,474
<br />4.31%
<br />G.0 Bond 2018A
<br />2033
<br />West Shadow Lake Dr & LaMotte Area Street
<br />Reconstruction Improv/Lake Dr Watermain/Trl
<br />Improv
<br />-
<br />200,000
<br />481,799
<br />281,799
<br />140.90%
<br />Total Debt Levy
<br />1,610,873 1,862,292
<br />2,122,762
<br />260,470 13.99%
<br />Total Levy
<br />9,776,732 10,055,416
<br />10,491,518
<br />436,102 4.34%
<br />(1) Levy Result of Voter -Approved Referendum
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