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CITY OF LINO LAKES
<br />2023 PROPOSED TAX LEVY
<br />Adopted Adopted Adopted Proposed 2022-2023
<br />2020 2021 2022 2023 $ Change % Change
<br />Operating Levy
<br />Fund
<br />General Fund
<br />101
<br />7,440,756
<br />8,306,254
<br />8,748,619
<br />9,694,085
<br />946,466
<br />10.81%
<br />Summer Playground Program 1
<br />201
<br />11,500
<br />0.00 %
<br />Rookery Activity Center
<br />202
<br />325,000
<br />325,000
<br />0.00 %
<br />Blue Heron Days 1
<br />205
<br />10,000
<br />10,000
<br />10,000
<br />100.00%
<br />Capital Equipment Replacement (2)
<br />402
<br />150,000
<br />325,000
<br />175,000
<br />116.67%
<br />Office Equipment Replacement 1
<br />403
<br />25,000
<br />25,000
<br />25,000
<br />25,000
<br />0.00 %
<br />Street Maintenance (1)
<br />421
<br />661,500
<br />711,113
<br />782,224
<br />860,446
<br />78,222
<br />10.00%
<br />Storm Water Maintenance 1
<br />424
<br />130,000
<br />130,000
<br />0.00%
<br />Park and Trail Improvements (1)
<br />425
<br />90,000
<br />60,000
<br />75,000
<br />90,000
<br />15,000
<br />20.00%
<br />Total Operating Levy
<br />8,368,756
<br />9,232,367
<br />9,790,843
<br />11,319,531
<br />1,528,688
<br />15.61 %
<br />Debt Levy
<br />Final Levy Year
<br />Purpose
<br />Certificate of Indebtedness 2015B
<br />2020
<br />Fire Capital Equipment
<br />214,216
<br />***
<br />Certificate of Indebtedness 2017
<br />2020
<br />Police/Fleet Capital Equipment
<br />111,353
<br />***
<br />Certificate of Indebtedness 2018
<br />2021
<br />Police/Fleet Capital Equipment
<br />107,100
<br />106,050
<br />***
<br />Certificate of Indebtedness 2019
<br />2022
<br />Police/Fleet Capital Equipment
<br />140,119
<br />140,307
<br />139,493
<br />139,493
<br />100.00%
<br />Certificate of Indebtedness 2020
<br />2023
<br />Police/Fleet Capital Equipment
<br />105,929
<br />106,042
<br />106,299
<br />257
<br />0.24%
<br />G.O. Bond 2012A (3)
<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 />178,080
<br />175,896
<br />178,794
<br />176,109
<br />(2,685)
<br />(1.50%)
<br />G.O. Bond 2015A 3
<br />2030
<br />Shenandoah Area Street Reconstruction Im rov
<br />222,692
<br />219,227
<br />216,497
<br />223,532
<br />7,035
<br />3.25%
<br />G.O. Bond 2015A - Abatement Portion
<br />2026
<br />Birch Street Sanitary Sewer Ext & Turn Lanes
<br />48,536
<br />47,696
<br />51,372
<br />50,427
<br />(945)
<br />(1.84%)
<br />EDA Lease/Revenue Bond 2015
<br />2035
<br />Fire Station #2
<br />317,297
<br />316,877
<br />316,300
<br />320,815
<br />4,515
<br />1.43%
<br />G.O. Tax Abatement Refunding Bond 2016C
<br />2022
<br />City's Participation in YMCA Project
<br />301,571
<br />313,567
<br />325,054
<br />(325,054)
<br />(100.00%)
<br />G.O Bond 2018A
<br />2033
<br />West Shadow Lake Dr & LaMotte Area Street
<br />Reconstruction Improv/Lake Dr Watermain(rrl
<br />481,799
<br />483,899
<br />485,212
<br />485,737
<br />525
<br />0.11%
<br />G.O Bond 2021A
<br />2031
<br />4th Ave, Joyer Ln, Karth Rd, Talle Ln, Canfield Rd,
<br />and Gaage Ln Street Reconstruction Improv
<br />209,680
<br />211,465
<br />1,785
<br />0.85%
<br />Total Debt Levy
<br />2,122,762
<br />1,909,448
<br />2,028,444
<br />1,574,384
<br />454,060
<br />22.38%
<br />Total Levy 10,491,518 11,141,815 11,819,287 12,893,915 1,074,628 9.09%
<br />(1) Levied in General Fund and transferred to respective funds prior to 2022. Shown separately for comparison purposes.
<br />(2) Pay-ASYou-Go capital equipment funding (Certificates of Indebtedness issued in prior years).
<br />(3) Levy result of Voter -Approved Referendum.
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