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CITY OF LINO LAKES
<br />2012 -2016 Financial Plan
<br />Net Tax Capacity Calculation
<br />Actual Actual Estimate Estimate Estimate Estimate Estimate
<br />2010 2011 2012 2013 2014 2015 2016
<br />Taxable Market Value 2,001,889,600 1,811,830,300 1,721,238,785 1,652,389,234 1,652,389,234 1,685,437,018 1,736,000,129
<br />Annual % Change (6.22 %) (9.49 %) (5.00 %) (4.00 %) 0.00% 2.00% 3.00%
<br />Total Net Tax Capacity Value 22,070,825 19,783,539 18,044,643 17,322,857 17,322,857 17,669,314 18,199,394
<br />Less FD Contribution in Value 1,697,800 1,576,360 1,246,883 1,197,008 1,197,008 1,220,948 1,257,576
<br />Less Captured Value for Tax Increment 327,659 251,890 280,221 269,012 269,012 274,392 282,624
<br />Total Net Tax Capacity Value 20,045,366 17,955,289 16,517,539 " 15,856,837 15,856,837 16,173,974 16,659,193
<br />Annual% Change
<br />Total % Change from 2011
<br />Total Levy
<br />Less FD Distribution
<br />Total Net Levy for Tax Rate
<br />Annual % Change
<br />Total % Change from 2011
<br />(10.43 %) (8 :D1 %) (400%
<br />(8,01%) (11.69%
<br />Net Tax Capacity Rate Calculation
<br />0.00% 2.00% 3.00%
<br />11.69 %). (9.92 %) (7.22 %)
<br />2010 2011 2012 2011.
<br />2014
<br />2015 2016
<br />8,695,414 8,660,000 8,227,259 9,081,887 ' , 9,324,762 9443,787 9,681,479
<br />1,097,539 1,111,501 1,161:407„ 1,200,000 ..; "', "1,200,000 1,224,000 1,260,720
<br />7,597,875 7,548,49!
<br />Projected City Tax Capacity Rate ! 737.903%
<br />Adjustment to Maintain 2012 Tax Rate
<br />Referendum Levy
<br />Market Value Tax Rate
<br />7,065;852 7,881,887
<br />(0
<br />65 %)
<br />8,124,762
<br />8,219,787 8,420,759
<br />(6.39 1 1;1.55% 3.08% 1.17% 2.44%
<br />4.42% 7.63% 8.89% 11.56%
<br />49.707% 5:1 38 %° . '50y821% : , 50.:07 %a'
<br />3
<br />0.000%
<br />(1,098,669) (1,341,544)
<br />(1,300,905) (1,294,310)
<br />172,935 165,231 161,818 163,656
<br />0.010% 0.010%
<br />0.010% 0.009%
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