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City of Lino Lakes
<br />2021 Proposed Tax Levy
<br />Adopted Adopted Proposed Difference
<br />2019 2020 2021 2020-2021 % Change
<br />Operating Levy I
<br />General Fund Levy I I 8,193,124 I I 8,368,756 I f 9,232,367 I I 863,611 I I 10.32%
<br />Total Operating Levy 8,193,124 8,368,756 9,232,367 863,611 10.32%
<br />Debt Levies
<br />Final Levy Year
<br />Purpose
<br />Certificate of Indebtedness 2015E
<br />2020
<br />Fire Capital Equipment
<br />213,119
<br />214,216
<br />-
<br />(214,216)
<br />(100.00%)
<br />Certificate of Indebtedness 2016
<br />2019
<br />Police/Fleet Capital Equipment
<br />167,559
<br />-
<br />Certificate of Indebtedness 2017
<br />2020
<br />Police/Fleet Capital Equipment
<br />111,395
<br />111,353
<br />-
<br />(111,353)
<br />(100.00%)
<br />Certificate of Indebtedness 2018
<br />2021
<br />Police/Fleet Capital Equipment
<br />115,211
<br />107,100
<br />106,050
<br />(1,050)
<br />(0.98%)
<br />Certificate of Indebtedness 2019
<br />2022
<br />Police/Fleet Capital Equipment
<br />-
<br />140,119
<br />140,307
<br />188
<br />0.13 %
<br />Certificate of Indebtedness 2020
<br />2023
<br />Police/Fleet Capital Equipment
<br />-
<br />-
<br />105,929
<br />105,929
<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
<br />Station)
<br />180,012
<br />178,080
<br />175,896
<br />(2,184)
<br />(1.23%)
<br />G.O. Bond 2015A (1)
<br />2030
<br />Shenandoah Area Street Reconstruction Improv
<br />215,972
<br />222,692
<br />219,227
<br />(3,465)
<br />(1.56%).
<br />G.O. Bond 2015A - Abatement Portion
<br />2026
<br />Birch Street Sanitary Sewer Ext & Tum Lanes
<br />54,206
<br />48,536
<br />47,696
<br />(840)
<br />(1.73%)
<br />EDA Lease/Revenue Bond 2015
<br />2035
<br />Fire Station #2
<br />315,722
<br />317,297
<br />316,877
<br />(420)
<br />(0.13%)
<br />G.O. Tax Abatement Refunding Bond 2016C
<br />2022
<br />City's Participation in YMCA Project
<br />289,097
<br />301,571
<br />313,567
<br />11,996
<br />3.98
<br />G.0 Bond 2018A
<br />2033
<br />West Shadow Lake Dr & LaMotte Area Street
<br />Reconstruction Improv/Lake Dr Watermain/TrI
<br />Improv
<br />200,000
<br />481,799
<br />483,899
<br />2,100
<br />0,44 %
<br />Total Debt Levy 1,862,292 2,122,762 1,909,448 (213,314) (10.05%)
<br />Total Levy 10,055,416 10,491,518 11,141,815 650,297 6.20%
<br />(1) Levy Result of Voter -Approved Referendum
<br />2
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