City of Lino Lakes
<br />Net Tax Capacity Calculation
<br />Taxable Market Value
<br />Annual % Change
<br />Total Net Tax Capacity Value - estimate
<br />Less FD Contribution in Value - estimate
<br />Less Captured Value for Tax Increment - estima
<br />Total Net Tax Capacity Value
<br />Annual % Change
<br />Total Levy
<br />Less FD Distribution
<br />Total Net Levy
<br />% of increase /(decrease)
<br />Actual
<br />2011
<br />Actual
<br />2012
<br />Estimated
<br />2013
<br />1,804,121,500
<br />(9.88 %)
<br />19,783,539
<br />1,576,375
<br />251,890
<br />1,731,585,600
<br />(4.02 %)
<br />17,999,453
<br />1,246,881
<br />279,219
<br />1,618,431,000
<br />(6.53 %)
<br />16,824,089
<br />1,165,460
<br />232,842
<br />Difference.
<br />(113,154,600)
<br />(1,175,364)
<br />(81,421)
<br />(46,377)
<br />17,955,274 16,473,353
<br />(10.43 %) (8.25 %)
<br />Net Tax Capacity Rate Calculation
<br />Adopted
<br />2011
<br />8,660,000
<br />1,111,501
<br />Adopted
<br />2012
<br />8,227,259
<br />1,161,407
<br />15,425,787 (1,047,566)
<br />Estimated
<br />2013
<br />8,227,259
<br />1,085,567
<br />7,548,499
<br />(0.65 %)
<br />7,065,852
<br />(6.39 %)
<br />7,141,692
<br />1.07%
<br />City Tax Capacity Rate 42.042%
<br />42.894%
<br />46.297%
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