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06/28/2010 Council Packet
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06/28/2010 Council Packet
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3/27/2014 1:34:15 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/28/2010
Council Meeting Type
Regular
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CITY OF LINO LAKES, MINNESOTA Exhibit 5 <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES <br />Tax Capacity Tax Capacity <br />Values Values <br />2008/2009 2007/2008 <br />Taxable valuations: <br />Total $ 23,196,932 $ 22,092,854 <br />Fiscal disparities: <br />Distribution 2,779,103 2,475,798 <br />Contribution (1,461,587) (1,282,009) <br />Less: Captured Tax Increment Value (664,119) (532,660) <br />$ 23,850,329 $ 22,753,983 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes Levied: <br />Revenue $ 8,295,172 34.716 $ 7,973,236 34.560 <br />Bond and Interest 949,166 4.017 893,720 4.407 <br />Totals $ 9,244,338 38.733 $ 8,866,956 38.967 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution <br />89 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />1 <br />
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