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06-04-2018 Council Work Session Packet
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06-04-2018 Council Work Session Packet
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CITY OF LINO LAKES, MINNESOTA <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES Exhibit 5 <br />Tax Capacity Tax Capacity <br />Values Values <br />2016/2017 2015/2016 <br />Taxable valuations: <br />Total $19,643,805 $18,440,817 <br />Fiscal disparities: <br /> Distribution 2,792,112 2,755,743 <br /> Contribution (1,168,180) (1,115,822) <br />Less: Captured Tax Increment Value (293,970) (261,525) <br />$20,973,767 $19,819,213 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes Levied: <br />Revenue $7,360,431 35.105 $7,018,572 35.025 <br />Bond and Interest 2,131,424 10.035 2,039,856 10.994 <br />Totals $9,491,855 45.140 $9,058,428 46.019 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution. <br />173
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