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CITY OF LINO LAKES
<br />2024-2025 BUDGET SUMMARY
<br />Adopted Proposed $ %
<br />2024 2025 Change Change
<br />Tax Levy
<br />Operating Levy 12,833,204 14,285,625 1,452,421 11.32%
<br />Debt Levy 1,287,724 1,720,910 433,186 33.64%
<br />Total Tax Levy 14,120,928 16,006,535 1,885,607 13.35%
<br />General Fund Budaet
<br />Revenues
<br />Property Taxes
<br />10,429,606
<br />11,416,560
<br />986,954
<br />9.46%
<br />Other Taxes
<br />185,000
<br />155,000
<br />(30,000)
<br />-16.22%
<br />Business Licenses and Permits
<br />72,225
<br />80,748
<br />8,523
<br />11.80%
<br />Non -Business Licenses and Permits
<br />1,025,190
<br />892,961
<br />(132,229)
<br />-12.90%
<br />Intergovernmental
<br />692,622
<br />919,325
<br />226,703
<br />32.73%
<br />Charges for Services
<br />456,325
<br />454,496
<br />(1,829)
<br />-0.40%
<br />Fines and Forfeits
<br />76,000
<br />76,000
<br />-
<br />0.00%
<br />Investment Earnings
<br />30,000
<br />75,000
<br />45,000
<br />150.00%
<br />Miscellaneous
<br />32,000
<br />48,000
<br />16,000
<br />50.00%
<br />Use of Reserves
<br />150,000
<br />-
<br />(150,000)
<br />0.00%
<br />Transfer From Other Funds
<br />20,000
<br />-
<br />(20,000)
<br />-100.00%
<br />Total Revenues
<br />13,168,968
<br />14,118,090
<br />949,122
<br />7.21%
<br />Expenditures
<br />Administration
<br />Community Development
<br />Public Safety
<br />Public Services
<br />Other
<br />Total Expenditures
<br />Tax Rate
<br />1,766,798
<br />1,862,351
<br />923,264
<br />978,316
<br />6,693,725
<br />7,074,296
<br />3,555,934
<br />3,803,127
<br />229,247
<br />400,000
<br />95,553
<br />5.41 %
<br />55,052
<br />5.96%
<br />380,571
<br />5.69%
<br />247,193
<br />6.95%
<br />170,753
<br />74.48%
<br />13,168,968 14,118,090 949,122 7.21 %
<br />36.098% 40.133%
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