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Actual Actual Adopted Actual Proposed2017 2018 2019 2019 2020Taxable Market Value 1,808,417,118 1,959,826,108 2,085,956,381 2,082,803,803 2,299,471,394 Annual % Change 6.42% 8.37% 6.44% 6.27% 10.40%Total Net Tax Capacity Value 19,643,805 21,289,294 22,733,455 22,687,236 24,949,162 Less FD Contribution in Value 1,168,180 1,215,584 1,322,820 1,322,808 1,486,922 Less Captured Value for Tax Increment 293,970 421,495 606,963 606,568 719,368 Total Net Tax Capacity Value18,181,655 19,652,215 20,803,672 20,757,860 22,742,872Annual % Change 6.55% 8.09% 5.86% 5.63% 9.56%Actual Actual Adopted Actual Proposed2017 2018 2019 2019 2020Total Levy 9,491,855 9,776,732 10,055,416 10,055,416 10,491,518 Less FD Distribution 1,284,902 1,360,639 1,375,292 1,375,292 1,447,780 Total Net Levy for Tax Rate 8,206,953 8,416,093 8,680,124 8,680,124 9,043,738Annual % Change 4.52% 2.55% 3.14% 3.14% 4.19%Projected City Tax Capacity Rate45.140% 42.826% 41.724% 41.817% 39.766%Net Tax Capacity Rate CalculationCITY OF LINO LAKES2020 Proposed General FundNet Tax Capacity Calculation
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