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City of Lino Lakes
<br />2025-2029 Financial Plan
<br />Tax Levy Summary
<br />2025 2026 2027 2028 2029
<br />Operating Levy
<br />101 General Fund $
<br />11,323,814 $
<br />12,506,548 $
<br />13,188,041
<br />$ 13,905,294
<br />$ 14,660,146
<br />202 Rookery Activity Center
<br />600,000
<br />600,000
<br />600,000
<br />600,000
<br />600,000
<br />205 Blue Heron Days
<br />10,000
<br />10,000
<br />10,000
<br />10,000
<br />10,000
<br />402 Capital Equipment Replacement
<br />810,000
<br />972,000
<br />1,166,400
<br />1,399,680
<br />1,500,000
<br />402 Capital Fire Water Tender Replacement
<br />221,565
<br />219,533
<br />217,500
<br />215,467
<br />213,435
<br />403 Office Equipment Replacement
<br />25,000
<br />25,000
<br />25,000
<br />25,000
<br />25,000
<br />421 Pavement Management
<br />1,138,500
<br />1,309,300
<br />1,505,700
<br />1,731,500
<br />1,991,225
<br />425 Park & Trail Improvements
<br />180,000
<br />180,000
<br />252,000
<br />352,800
<br />500,000
<br />Total Operating Levy
<br />14,308,879
<br />15,822,381
<br />16,964,641
<br />18,239,741
<br />19,499,806
<br />Annual % Change
<br />11 %
<br />11 %
<br />7%
<br />8%
<br />7%
<br />Debt Levy
<br />338 2015A G.O. Bonds
<br />216,182
<br />269,798
<br />222,364
<br />222,626
<br />222,758
<br />338 2015A G.O. Bonds - Abatement Portion
<br />53,682
<br />-
<br />-
<br />-
<br />-
<br />339 2015 EDA Lease Revenue Bonds
<br />318,557
<br />317,192
<br />315,669
<br />319,239
<br />317,244
<br />344 2018A G.O. Bond
<br />484,215
<br />482,640
<br />485,527
<br />482,114
<br />480,644
<br />346 2021A G.O. Bond
<br />209,575
<br />211,150
<br />207,370
<br />208,840
<br />211,570
<br />New 2024/2025 Street Reconstruction Funding
<br />-
<br />438,699
<br />438,115
<br />438,839
<br />434,049
<br />New 2027 Street Reconstruction Funding
<br />-
<br />-
<br />-
<br />391,443
<br />391,443
<br />Total Debt Levy
<br />1,282,211
<br />1,719,479
<br />1,669,045
<br />2,063,101
<br />2,057,708
<br />Annual % Change
<br />0%
<br />34%
<br />-3%
<br />24%
<br />0%
<br />Total Tax Levy
<br />15,591,090
<br />17,541,860
<br />18,633,686
<br />20,302,842
<br />21,557,514
<br />Less: Fiscal Disparities Distribution
<br />(1,460,414)
<br />(1,627,875)
<br />(1,851,605)
<br />(1,920,097)
<br />(2,042,561)
<br />Net Tax Levy
<br />14,130,676
<br />15,913,985
<br />16,782,081
<br />18,382,745
<br />19,514,953
<br />Annual % Change
<br />10%
<br />13%
<br />5%
<br />10%
<br />6%
<br />Tax Capacity Summary
<br />2025
<br />2026
<br />2027
<br />2028
<br />2029
<br />Tax Capacity
<br />Personal and Real Estate
<br />$ 39,533,445 $
<br />39,731,112 $
<br />40,923,046 $
<br />42,150,737 $
<br />43,415,259
<br />Assumed New Growth - Residential
<br />-
<br />620,298
<br />1,282,283
<br />1,987,831
<br />2,738,892
<br />Assumed New Growth - Commercial
<br />-
<br />-
<br />-
<br />-
<br />-
<br />Total Tax Capacity
<br />39,533,445
<br />40,351,410
<br />42,205,329
<br />44,138,568
<br />46,154,151
<br />Less: Fiscal Disparities Contribution
<br />(2,342,867)
<br />(2,413,153)
<br />(2,485,548)
<br />(2,560,114)
<br />(2,636,917)
<br />Less: Tax Increment Captured Value
<br />(1,017,937)
<br />(1,048,475)
<br />(1,079,929)
<br />(597,184)
<br />(615,100)
<br />Net Tax Capacity
<br />36,172,641
<br />36,889,782
<br />38,639,852
<br />40,981,269
<br />42,902,134
<br />1%
<br />2%
<br />5%
<br />6%
<br />5%
<br />Tax Rate Summary
<br />2025
<br />2026
<br />2027
<br />2028
<br />2029
<br />City Tax Rate
<br />39.065%
<br />43.139%
<br />43.432%
<br />44.856%
<br />45.487%
<br />itt,
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