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Actual Actual Adopted Actual Proposed
<br />2019 2020 2021 2021 2022
<br />Taxable Market Value 2,082,803,803 2,299,471,394 2,456,365,382 2,435,156,410 2,572,048,993
<br />Annual % Change 6.27% 10.40%6.82%5.90% 5.62%
<br />Total Tax Capacity Value 22,687,236 24,887,837 26,835,151 26,491,445 27,575,727
<br />Less FD Contribution in Value 1,322,808 1,486,924 1,537,086 1,537,086 1,643,524
<br />Less Captured Value for Tax Increment 606,568 717,399 777,720 845,716 888,002
<br />Total Net Tax Capacity Value 20,757,860 22,683,514 24,520,345 24,108,643 25,044,201
<br />Annual % Change 5.63% 9.28%8.10%6.28% 3.88%
<br />Actual Actual Adopted Actual Proposed
<br />2019 2020 2021 2021 2022
<br />Total Levy 10,055,416 10,491,518 11,141,815 11,141,815 12,698,574
<br />Less FD Distribution 1,375,292 1,447,780 1,472,118 1,472,118 1,545,724
<br />Total Net Levy for Tax Rate 8,680,124 9,043,738 9,669,697 9,669,697 11,152,850
<br />Annual % Change 3.14% 4.19%6.92%6.92% 15.34%
<br />Projected City Tax Capacity Rate 41.817% 39.870%39.437%40.109% 44.533%
<br />CITY OF LINO LAKES
<br />2022 Proposed
<br />Net Tax Capacity Calculation
<br />Net Tax Capacity Rate Calculation
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