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2024 2025 2026 2027 2028
<br />Operating Levy
<br />101 General Fund 10,369,384$ 10,940,940$ 11,542,637$ 12,176,028$ 12,842,747$
<br />202 Rookery Activity Center 500,000 500,000 500,000 500,000 500,000
<br />205 Blue Heron Days 10,000 10,000 10,000 10,000 10,000
<br />402 Capital Equipment Replacement 600,000 810,000 972,000 1,166,400 1,399,680
<br />402 Capital Fire Water Tender Replacement 248,820 246,558 244,296 242,034 239,772
<br />403 Office Equipment Replacement 25,000 25,000 25,000 25,000 25,000
<br />421 Pavement Management 990,000 1,138,500 1,309,300 1,505,700 1,731,500
<br />425 Park & Trail Improvements 90,000 90,000 90,000 90,000 90,000
<br />Total Operating Levy 12,833,204 13,760,998 14,693,233 15,715,162 16,838,699
<br />Annual % Change 13%7%7%7%7%
<br />Debt Levy
<br />338 2015A G.O. Bonds 219,857 216,182 269,798 222,364 222,626
<br />338 2015A G.O. Bonds - Abatement Portion 54,732 53,682 - - -
<br />339 2015 EDA Lease Revenue Bonds 319,765 318,557 317,192 315,669 319,239
<br />344 2018A G.O. Bond 485,475 484,215 482,640 485,527 482,114
<br />346 2021A G.O. Bond 207,895 209,575 211,150 207,370 208,840
<br />New 2024 Street Reconstruction Funding - 461,825 452,270 442,715 433,160
<br />New 2027 Street Reconstruction Funding - -- - 436,450
<br />Total Debt Levy 1,287,724 1,744,036 1,733,050 1,673,645 2,102,429
<br />Annual % Change -18%35%-1%-3%26%
<br />Total Tax Levy 14,120,928 15,505,034 16,426,283 17,388,807 18,941,128
<br />Less: Fiscal Disparities Distribution (1,260,837) (1,337,021) (1,488,051) (1,541,432) (1,607,061)
<br />Net Tax Levy 12,860,091 14,168,014 14,938,232 15,847,375 17,334,067
<br />Annual % Change 12%10%5%6%9%
<br />2024 2025 2026 2027 2028
<br />Tax Capacity
<br />Personal and Real Estate 38,937,906$ 38,548,527$ 39,704,983$ 40,896,132$ 42,123,016$
<br />Assumed New Growth - Residential - 649,994 1,338,988 2,068,737 2,841,066
<br />Assumed New Growth - Commercial - -- - -
<br />Total Tax Capacity 38,937,906 39,198,521 41,043,971 42,964,869 44,964,082
<br />Less: Fiscal Disparities Contribution (1,820,393) (1,875,005) (1,931,255) (1,989,193) (2,048,868)
<br />Less: Tax Increment Captured Value (1,402,012) (908,610) (935,869) (963,945) (992,863)
<br />Net Tax Capacity 35,715,501 36,414,906 38,176,848 40,011,732 41,922,350
<br />9%2%5%5%5%
<br />2024 2025 2026 2027 2028
<br />City Tax Rate 36.007% 38.907% 39.129% 39.607% 41.348%
<br />Tax Capacity Summary
<br />Tax Rate Summary
<br />City of Lino Lakes
<br />2024-2028 Financial Plan
<br />Tax Levy Summary
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