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CITY OF LINO LAKES
<br /> 2006-2010 Financial Plan DRAF7
<br /> Net Tax Capacity Calculation
<br /> Actual Actual Estimate Estimate Estimate Estimate
<br /> 2005 2006 2007 2008 2009 2010
<br /> Taxable Market Value 1,534,933,700 1,718,262,700 1,890,088,970 2,079,097,867 2,287,007,654 2,515,708,419
<br /> Annual%Change 14.60% 11.94% 10.00% 10.00% 10.00% 10.00%
<br /> Total Net Tax Capacity Value 16,620,861 18,850,702 20,735,772 22,809,349 25,090,284 27,599,313
<br /> Less FD Contribution in Value 881,474 1,010,480 1,111,528 1,222,681 1,344,949 1,479,444
<br /> Less Captured Value for Tax Increment 274,702 389,386 428,325 471,157 518,273 570,100
<br /> Total Net Tax Capacity Value 15,464,685 17,450,836 19,195,920 21,115,512 23,227,063 25,549,769
<br /> Annual%Change 13.94% 12.84% 10.00% 10.00% 10.00% 10.00%
<br /> Net Tax Capacity Rate Calculation
<br /> 2005 2006- 2007 2008 2009 2010
<br /> Total Levy 7,269,302 7.976,907 8,708,858 9,365,588 10,274,770 11,365,443
<br /> Less FD Distribution 739,664 758,894 766,483 774,148 781,889 789,708
<br /> (9.04%) 2.60% 1.00% 1.00% 1.00% 1.00%
<br /> Total Net Levy for Tax Rate 6,529,638 7,218,013 7,942,375 8,591,440 9,492,881 10.575,735
<br /> %of increase/(decrease) 13.81% 10.54% 10.04% 8.17% 10.49% 11.41%
<br /> Referendum Levy - - - 241,000 241,000 509,652
<br /> Market Value Tax Rate 0.000% 0.000% 0.000% 0.012% 0.011% 0.020%
<br /> $150,000 General Levy 633 620 621 610 613 621
<br /> Str Referendum Levy - - - 17 16 30
<br /> Total Levy 633 620 621 628 629 651
<br /> $200,000 General Levy 8" 827 828 814 817 828
<br /> Str Referendum Levy - - - 23 21 41
<br /> Total Levy a" 827 828 837 838 868
<br /> $250,000 General Levy 1,056 1,034 1,034 1,017 1,022 1,035
<br /> Str Referendum Levy - - - 29 26 51
<br /> Total Levy 1,056 1,034 1,034 1,046 1,048 1.085
<br /> $300,000 General Levy 1,257 1,241 1,241 1,221 1,226 1,242
<br /> Str Referendum Levy - - - 35 32 61
<br /> Total Levy 1,267 1,241 1,241 1,255 1,258 1,303
<br /> B - 3
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