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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 606,568 717,399 777,720 845,716 850,000 *
<br />Total Net Tax Capacity Value 20,757,860 22,683,514 24,520,345 24,108,643 25,082,203
<br />Annual % Change 5.63% 9.28% 8.10% 6.28% 4.04%
<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 12,219,507
<br />Less FD Distribution 1,375,292 1,447,780 1,472,118 1,472,118 1,587,612 *
<br />Total Net Levy for Tax Rate 8,680,124 9,043,738 9,669,697 9,669,697 10,631,895
<br />Annual % Change 3.14% 4.19% 6.92% 6.92% 9.95%
<br />City Tax Capacity Rate 41.817%39.870%39.437%40.109%42.388%
<br />*Preliminary Estimate from Anoka County
<br />CITY OF LINO LAKES
<br />2022 PROPOSED TAX CAPACITY RATE
<br />4
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