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Adopted Adopted Adopted Proposed
<br />2021 2022 2023 2024 $ Change % Change
<br />Operating Levy Fund
<br />General Fund 101 8,306,254 8,748,619 9,694,085 10,369,384 675,299 6.97%
<br />Rookery Activity Center 202 - - 325,000 325,000 - 0.00%
<br />Blue Heron Days (1)205 - 10,000 - 10,000 10,000 0.00%
<br />Capital Equipment Replacement (2)402 - 150,000 325,000 600,000 275,000 84.62%
<br />Capital Fire Water Tender Replacement 402 - - - 248,820 248,820 100.00%
<br />Office Equipment Replacement (1)403 25,000 25,000 25,000 25,000 - 0.00%
<br />Street Maintenance (1)421 711,113 782,224 860,446 990,000 129,554 15.06%
<br />Storm Water Maintenance (1)424 130,000 - - - - 0.00%
<br />Park and Trail Improvements (1)425 60,000 75,000 90,000 90,000 - 0.00%
<br />Total Operating Levy 9,232,367 9,790,843 11,319,531 12,658,204 1,338,673 11.83%
<br />Debt Levy Final Levy Year Purpose
<br />Certificate of Indebtedness 2018 2021 Police/Fleet Capital Equipment 106,050 - - - - ***
<br />Certificate of Indebtedness 2019 2022 Police/Fleet Capital Equipment 140,307 139,493 - - - #DIV/0!
<br />Certificate of Indebtedness 2020 2023 Police/Fleet Capital Equipment 105,929 106,042 106,299 - (106,299) (100.00%)
<br />G.O. Bond 2012A (3)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)175,896 178,794 176,109 - (176,109) (100.00%)
<br />G.O. Bond 2015A (3)2030 Shenandoah Area Street Reconstruction Improv 219,227 216,497 223,532 219,857 (3,675) (1.64%)
<br />G.O. Bond 2015A - Abatement Portion 2026 Birch Street Sanitary Sewer Ext & Turn Lanes 47,696 51,372 50,427 54,732 4,305 8.54%
<br />EDA Lease/Revenue Bond 2015 2035 Fire Station #2 316,877 316,300 320,815 319,765 (1,050) (0.33%)
<br />G.O. Tax Abatement Refunding Bond 2016C 2022 City's Participation in YMCA Project 313,567 325,054 - - - #DIV/0!
<br />G.O Bond 2018A 2033
<br />West Shadow Lake Dr & LaMotte Area Street
<br />Reconstruction Improv/Lake Dr Watermain/Trl 483,899 485,212 485,737 485,475 (262) (0.05%)
<br />G.O Bond 2021A 2031
<br />4th Ave, Joyer Ln, Karth Rd, Talle Ln, Canfield Rd,
<br />and Gaage Ln Street Reconstruction Improv - 209,680 211,465 207,895 (3,570) (1.69%)
<br />Total Debt Levy 1,909,448 2,028,444 1,574,384 1,287,724 (286,660) (18.21%)
<br />Total Levy 11,141,815 11,819,287 12,893,915 13,945,928 1,052,013 8.16%
<br />(1) Levied in General Fund and transferred to respective funds prior to 2022. Shown separately for comparison purposes.
<br />(2) Pay-As-You-Go capital equipment funding (Certificates of Indebtedness issued in prior years).
<br />(3) Levy result of Voter-Approved Referendum.
<br />CITY OF LINO LAKES
<br />2024 PROPOSED TAX LEVY
<br />2023-2024
<br />4
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