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Adopted Proposed $ %
<br />2022 2023 Change Change
<br />Tax Levy
<br />Operating Levy 9,790,843 11,353,392 1,562,549 15.96%
<br />Debt Levy 2,028,444 1,574,384 (454,060) -22.38%
<br />Total Tax Levy 11,819,287 12,927,776 1,108,489 9.38%
<br />General Fund Budget
<br />Revenues
<br />Property Taxes 8,789,119 9,768,446 979,327 11.14%
<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 668,512 687,417 18,905 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 - (500,000)-100.00%
<br />Transfer From Other Funds 40,000 20,000 (20,000) -50.00%
<br />Total Revenues 11,664,762 12,211,277 546,515 4.69%
<br />Expenditures
<br />Administration 1,580,437 1,634,999 54,562 3.45%
<br />Community Development 773,124 822,638 49,514 6.40%
<br />Public Safety 5,912,366 6,273,456 361,090 6.11%
<br />Public Services 3,052,085 3,246,184 194,099 6.36%
<br />Other 346,750 234,000 (112,750) -32.52%
<br /> Total Expenditures 11,664,762 12,211,277 546,515 4.69%
<br />Tax Rate 40.154% 34.861%
<br />CITY OF LINO LAKES
<br />2022-2023 BUDGET SUMMARY
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