|
•
<br />CITY OF LINO LAKES
<br />2008 -2012 Financial Plan
<br />Net Tax Capacity Calculation
<br />Actual Actual Estimate Estimate Estimate Estimate
<br />2007 2008 2009 2010 2011 2012
<br />Taxable Market Value 1,928,715,900 2,020,298,300 2,060,704,266 2,132,828,915 2,239,470,361 2,396,233,286
<br />Annual % Change
<br />11.37% 4.75% 2.00% 3.50% 5.00% 7.00%
<br />Total Net Tax Capacity Value 20,974,940 22,077,339 22,518,886 23,307,047 24,472,399 26,185,467
<br />Less FD Contribution in Value 1,172,916 1,282,019 1,307,659 1,353,427 1,421,099 1,520,576
<br />Less Captured Value for Tax Increment * 428,590 532,794 543,450 349,518 366,994 392,684
<br />Total Net Tax Capacity Value 19,373,434 20,262,526 20,667,777 21,604,101 22,684,306 24,272,207
<br />Annual % Change
<br />Total % Change from 2007
<br />*TIF District 1 -9 decertifies after 2009
<br />11.02% 4.59% 2.00% 4.53% 5.00% 7.00%
<br />4.59% 6.68% 11.51% 17.09% 25.29%
<br />Net Tax Capacity Rate Calculation
<br />2007 2008 2009 2010 2011 2012
<br />Total Levy 8,456,328 8,866,956 9,987,628 10,459,096 11,009,984 11,888,406
<br />Less FD Distribution
<br />Total Net Levy for Tax Rate
<br />ual % Change
<br />Total % Change from 2007
<br />Referendum Levy
<br />Market Value Tax Rate
<br />$150,000 H General Levy
<br />Str Referendum Levy
<br />Total Levy
<br />912,521 965,414 984,722 1,019,188 1,070,147 1,145,057
<br />20.24% 5.80% 2.00% 3.50% 5.00% 7.00%
<br />7,543,807 7,901,542 9,002,906 9,439,908 9,939,837 10,743,349
<br />4.51% 4.74% 13.94% 4.85% 5.30% 8.08%
<br />4.51% 9.47% 24.73% 30.78% 37.71% 48.84%
<br />262,585
<br />0.000% 0.000% 0.000% 0.000% 0.000% 0.011%
<br />585 585 653 655 657 664
<br />- 16
<br />585 585 653 655 657 680
<br />$200,0001-1 General Levy 780 780 871 874 876 885
<br />Str Referendum Levy - - 22
<br />Total Levy 780 780 871 874 876 907
<br />$250,000 H General Levy 975 975 1,089 1,092 1,095 1,107
<br />Str Referendum Levy - 27
<br />Total Levy 975 975 1,089 1,092 1,095 1,134
<br />$300,000 H General Levy 1,170 1,170 1,307 1,311 1,315 1,328
<br />Str Referendum Levy 33
<br />Total Levy 1,170 1,170 1,307 1,311 1,315 1,361
<br />$350,000 H General Levy 1,365 1,365 1,525 1,529 1,534 1,549
<br />Str Referendum Levy 38
<br />Total Levy 1,365 1,365 1,525 1,529 1,534 1,588
<br />!400,000 H General Levy 1,560 1,560 1,742 1,748 1,753 1,770
<br />Str Referendum Levy 44
<br />Total Levy 1,560 1,560 1,742 1,748 1,753 1,814
<br />B -3
<br />
|