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CITY OF LINO LAKES
<br />2025 PROPOSED TAX CAPACITY RATE
<br />Actual
<br />Actual
<br />Adopted
<br />Actual
<br />Proposed
<br />2022
<br />2023
<br />2024
<br />2024
<br />2025
<br />Taxable Market Value
<br />2,587,650,762
<br />3,287,882,335
<br />3,544,111,404
<br />3,539,171,941
<br />3,586,602,637
<br />Annual % Change
<br />6.26%
<br />27.06%
<br />7.79%
<br />7.64%
<br />1.34%
<br />Actual
<br />Actual
<br />Adopted
<br />Actual
<br />Proposed
<br />2022
<br />2023
<br />2024
<br />2024
<br />2025
<br />Total Tax Capacity Value
<br />27,908,349
<br />35,452,015
<br />38,860,006
<br />38,846,166
<br />39,619,619
<br />Less FD Contribution in Value
<br />(1,643,524)
<br />(1,502,577)
<br />(1,820,393)
<br />(1,820,393)
<br />(2,342,867)
<br />Less Captured Value for Tax Increment
<br />(783,140)
<br />(1,041,739)
<br />(1,399,316)
<br />(1,399,596)
<br />(1,031,616)
<br />Total Net Tax Capacity Value
<br />25,481,685
<br />32,907,699
<br />35,640,297
<br />35,626,177
<br />36,245,136
<br />Annual % Change
<br />5.70%
<br />29.14%
<br />8.30%
<br />8.26%
<br />1.74%
<br />Total Levy
<br />11,819,287
<br />12,893,915
<br />14,120,928
<br />14,120,928
<br />16,006,535
<br />Less FD Distribution
<br />(1,587,612)
<br />(1,384,776)
<br />(1,260,837)
<br />(1,260,837)
<br />(1,460,414)
<br />Total Net Levy for Tax Rate
<br />10,231,675
<br />11,509,139
<br />12,860,091
<br />12,860,091
<br />14,546,121
<br />Annual % Change
<br />5.81 %
<br />12.49%
<br />11.74%
<br />11.74%
<br />13.11 %
<br />City Tax Capacity Rate
<br />40.154%
<br />34.974%
<br />36.084%
<br />36.098%
<br />40.133%
<br />*Anoka County Payable 2025 Preliminary Values as of 07/30/2024
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