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Adopted Proposed $ %
<br />2022 2023 Change Change
<br />Tax Levy
<br />Operating Levy 9,790,843 11,092,673 1,301,830 13.30%
<br />Debt Levy 2,028,444 1,574,384 (454,060) -22.38%
<br />Total Tax Levy 11,819,287 12,667,057 847,770 7.17%
<br />General Fund Budget
<br />Revenues
<br />Property Taxes 8,789,119 9,507,727 718,608 8.18%
<br />Business Licenses and Permits 143,175 151,360 8,185 5.72%
<br />Non-Business Licenses and Permits 889,627 952,041 62,414 7.02%
<br />Intergovernmental 668,512 687,431 18,919 2.83%
<br />Charges for Services 292,172 292,422 250 0.09%
<br />Fines and Forfeits 101,100 101,100 -0.00%
<br />Investment Earnings 30,000 30,000 -0.00%
<br />Miscellaneous 211,057 208,491 (2,566) -1.22%
<br />Use of Reserves 500,000 176,000 (324,000) -64.80%
<br />Transfer From Other Funds 40,000 20,000 (20,000) -50.00%
<br />Total Revenues 11,664,762 12,126,572 461,810 3.96%
<br />Expenditures
<br />Administration 1,580,437 1,635,218 54,781 3.47%
<br />Community Development 773,124 832,240 59,116 7.65%
<br />Public Safety 5,912,366 6,279,149 366,783 6.20%
<br />Public Services 3,052,085 3,269,965 217,880 7.14%
<br />Other 346,750 110,000 (236,750) -68.28%
<br /> Total Expenditures 11,664,762 12,126,572 461,810 3.96%
<br />Tax Rate 40.154% 33.873%
<br />CITY OF LINO LAKES
<br />2022-2023 BUDGET SUMMARY
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