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)
<br />)
<br />CITY OF LINO LAKES
<br />2020 Proposed General Fund
<br />Net Tax Capacity Calculation
<br />Actual Actual Adopted Actual Proposed
<br />2017 2018 2019 2019 2020
<br />Taxable Market Value 1,808,417,118 1,959,826,108 2,085,956,381 2,082,803,803 2,299,471,394
<br />Annual % Change
<br />6.42% 8.37% 6.44% 6.27% 10.40%
<br />Total Net Tax Capacity Value 19,643,805 21,289,294 22,733,455 22,687,236 24,949,162
<br />Less FD Contribution in Value 1,168,180 1,215,584 1,322,820 1,322,808 1,486,922
<br />Less Captured Value for Tax Increment 293,970 421,495 606,963 606,568 719,368
<br />Total Net Tax Capacity Value 18,181,655 19,652,215 20,803,672 20,757,860 22,742,872
<br />Annual % Change 6.55% 8.09% 5.86% 5.63% 9.56%
<br />Total Levy
<br />Less FD Distribution
<br />Total Net Levy for Tax Rate
<br />Annual % Change
<br />Net Tax Capacity Rate Calculation
<br />Actual Actual Adopted Actual Proposed
<br />2017 2018 2019 2019 2020
<br />9,491,855 9,776,732 10,055,416 10,055,416 10,491,518
<br />1,284,902
<br />1,360,639 1,375,292
<br />1,375,292 1,447,780
<br />8,206,953 8,416,093 8,680,124 8,680,124 9,043,738
<br />4.52%
<br />2.55%
<br />3.14%
<br />3.14%
<br />4.19%
<br />
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