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Proposed – December 8, 2025 <br />Honorable Mayor <br />Members of the City Council <br />City of Lino Lakes <br />Introduction <br />The 2026-2030 Financial Plan (the Plan) has been prepared by Management to give a <br />five-year financial outlook for the City of Lino Lakes, Minnesota (the City). The Plan <br />includes assumptions to project operations, capital, and debt over the next five years to <br />continue to maintain essential services and programs including: <br />Public safety (police and fire services) <br />Street maintenance and construction <br />Park maintenance and improvements <br />Community and economic development <br />Rookery Activity Center operations <br />Capital equipment replacement <br />Capital infrastructure debt service repayment <br />The Plan is just that, a plan. Adoption of the Plan does not signify approval of the <br />assumptions represented in the following pages. The Plan is intended to be used as a <br />guiding document for decision making. It allows the City to see the bigger picture in <br />order to manage limited resources and achieve its goals. <br />Key Highlights <br />The tax levy is projected to increase from $18.1 million to $25.0 million over the duration <br />of the Plan. The tax rate is projected to increase from 43.190% in 2026 to 46.655% in <br />2030. The tax rate increase can be attributed to: <br />Significant increase in staffing and service levels for the City’s Public Safety <br />functions, specifically Police and Fire beginning in 2025 and impacting the levy in <br />2026 and 2027. <br />Annual increases to the Capital Equipment Replacement (Fund 402) operating <br />tax levy to continue pay-as-you-go funding for the replacement and addition of <br />equipment and vehicles. <br />2 <br />Page 116 of 406