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Actual Actual Adopted Actual Proposed
<br />2020 2021 2022 2022 2023
<br />Taxable Market Value 2,299,471,394 2,435,156,410 2,591,670,167 2,587,650,762 3,295,834,164 *
<br />Annual % Change 10.40% 5.90% 6.43% 6.26% 27.37%
<br />Total Tax Capacity Value 24,887,837 26,491,445 27,950,000 27,908,349 35,555,319 *
<br />Less FD Contribution in Value 1,486,924 1,537,086 1,643,524 1,643,524 1,502,577
<br />Less Captured Value for Tax Increment 717,399 845,716 783,368 783,140 941,019 *
<br />Total Net Tax Capacity Value 22,683,514 24,108,643 25,523,108 25,481,685 33,111,723
<br />Annual % Change 9.28% 6.28% 5.87%5.70%29.94%
<br />Actual Actual Adopted Actual Proposed
<br />2020 2021 2022 2022 2023
<br />Total Levy 10,491,518 11,141,815 11,819,287 11,819,287 12,927,776
<br />Less FD Distribution 1,447,780 1,472,118 1,587,612 1,587,612 1,384,776
<br />Total Net Levy for Tax Rate 9,043,738 9,669,697 10,231,675 10,231,675 11,543,000
<br />Annual % Change 4.19% 6.92% 5.81%5.81%12.82%
<br />City Tax Capacity Rate 39.870%40.109%40.088%40.154%34.861%
<br />*Preliminary values from Anoka County
<br />CITY OF LINO LAKES
<br />2023 PROPOSED TAX CAPACITY RATE
<br />3
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