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CITY TAX RATES, LEVIES AND COLLECTIONS Tax Capacity Rates for a City Resident in Independent School District No. 12 Anoka County(a) City of Lino Lakes ISD No. 12 (Centennial)(b) Special Districts(c) Total (a) (b) (c) 2009/10 For 2005/06 2006/07 2007/08 2008/09 Total Debt Only 32.543% 31.094% 31.453% 32.445% 35.574% 5.404% 41.398 38.994 38.967 38.733 37.905 3.819 40.187 38.090 35.258 34.593 37.285 25.889 6.032 5.180 6.581 5.244 5.494 2.023 120.160% 113.358% 112.259% 111.015% 116.258% 37.135% Includes Anoka County Library and County /City Radio. Independent School District No. 12 (Centennial) also has a 2009/10 tax rate of 0.15756% spread on the market value of property in support of an excess operating levy. Special districts include Metropolitan Council, Metropolitan Transit District, Metropolitan Mosquito Control, Rice Creek Watershed, and Anoka County Railroad Authority. NOTE: Property taxes are determined by multiplying the net tax capacity by the tax capacity rate, plus multiplying the referendum market value by the market value rate. This table does not include market value based rates. See Appendix Ill. Tax Levies and Collections Net Levy /Collect Levy* Collected During Collected and /or Abated Collection Year As of 12 -31 -09 Amount Percent Amount Percent 2009/10 $8,695,414 (In Process of Collection) 2008/09 9,004,252 $8,721,580 96.9% $8,728,348 96.9% 2007/08 8,626,251 8,449,570 98.0 8,538,373 99.0 2006/07 8,207,324 8,065,523 98.3 8,172,870 99.6 2005/06 7,694,442 7,588,163 98.6 7,680,407 99.8 The net levy excludes state aid for property tax relief and fiscal disparities, if applicable. The net levy is the basis for computing tax capacity rates. See Appendix 11!. FUNDS ON HAND As of February 28, 2010 Fund Cash and Investments General Fund $ 3,790,584 Special Revenue 107,829 Capital Projects 8,183,637 Enterprise Funds 8,836,698 Debt Service Fund 2,411,178 Agency Funds 957,518 Total - 13 - $24,287,444