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Financial Health Profile 1983-1987
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Financial Health Profile 1983-1987
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Financial Health Profile 1983-1987
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OFFICE OF THE STATE AUDITOR CITY: LINO LAKES - <br />REVENUE TRENDS <br />8. INDICATOR: CHANGE IN PROPERTY TAX LEVY <br />11/29/88 <br />METRO <br />AVERAGE <br />5 YEAR 5 YEAR <br />1983 1984 1985 1986 1987 X CHANGE % CHANGE <br />Special Assessment S 213,253 $ 186,467 $ 168,651 $ 140,653 $ 369,014 73.0% <br />Limited Levy 439,466 O 0 0 0 .... -. <br />Other Local Levy 148.389 690.006 775.011 835.502 990.011 567.2% <br />Total Property Tax Levy, <br />Fiscal Disp. Levy and <br />Sp. Assessment Levy 801,108 876,473 943,662 976,155 1,359,025 <br />! sss!lsss! <br />Percent Change 5.0% 9.4% 7.7% 3.4% 39.2% 69.6% 26.3% <br />Levy Limit 430,631 0 0 0 0 .... <br />Limited Levy as a <br />Percent of Levy Limit 102.1% .... .... .... .... <br />fiscal Disparities <br />Levy 65,932 79,280 118,308 128,758 167,822 154.5% <br />9. INDICATOR: TREND IN PROPERTY TAX COLLECTION <br />1983 <br />Percent Collected 83.8% <br />1984 1985 1986 1987 <br />85.9% 84.8% <br />10. INDICATOR: TREND IN EARNINGS ON INVESTMENTS <br />(GOVERNMENTAL FUNDS) <br />79.5% 98.2% <br />5 YEAR <br />METRO <br />AVERAGE - <br />5 YEAR <br />1983 1984 1985 1986 1987 % CHANGE % CHANGE <br />Interest Income S 33,226 $ 45,284 S 53,501 $ 146,689 S 108,098 <br />Percent Change -46.3% 36.3% 18.1% 174.2% -26.3% 225.3% 44.0% <br />Interest Income as • Percent <br />of Total Revenues 2.4% 3.2% 3.3% 4.5% 3.4% <br />4 <br />
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