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Adopted Proposed $ %
<br />2023 2024 Change Change
<br />Tax Levy
<br />Operating Levy 11,319,531 12,658,204 1,338,673 11.83%
<br />Debt Levy 1,574,384 1,287,724 (286,660) -18.21%
<br />Total Tax Levy 12,893,915 13,945,928 1,052,013 8.16%
<br />General Fund Budget
<br />Revenues
<br />Property Taxes 9,734,585 10,404,384 669,799 6.88%
<br />Other Taxes 140,000 185,000 45,000 32.14%
<br />Business Licenses and Permits 66,360 72,225 5,865 8.84%
<br />Non-Business Licenses and Permits 952,041 1,025,190 73,149 7.68%
<br />Intergovernmental 687,417 692,621 5,204 0.76%
<br />Charges for Services 413,913 456,325 42,412 10.25%
<br />Fines and Forfeits 101,100 76,000 (25,100) -24.83%
<br />Investment Earnings 30,000 30,000 -0.00%
<br />Miscellaneous 32,000 32,000 -0.00%
<br />Use of Reserves - - - 0.00%
<br />Transfer From Other Funds 20,000 170,000 150,000 750.00%
<br />Total Revenues 12,177,416 13,143,745 966,329 7.94%
<br />Expenditures
<br />Administration 1,639,462 1,766,957 127,495 7.78%
<br />Community Development 822,638 923,240 100,602 12.23%
<br />Public Safety 6,231,750 6,659,143 427,393 6.86%
<br />Public Services 3,249,566 3,544,405 294,839 9.07%
<br />Other 234,000 250,000 16,000 6.84%
<br /> Total Expenditures 12,177,416 13,143,745 966,329 7.94%
<br />Tax Rate 34.974% 35.535%
<br />CITY OF LINO LAKES
<br />2023-2024 BUDGET SUMMARY
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