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Comprehensive Annual Financial Report 12/31/1996
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Comprehensive Annual Financial Report 12/31/1996
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Audit Report 12/31/1996
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C1TY OF LINO LAKES, MINNESOTA <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES Exhibit 6 <br />Tax Capacity Tax Capacity <br />Values Values <br />1996/1997 1995/1996 <br />Taxable valuations: <br />Total $8,807,254 $7,825,611 <br />Fiscal disparities: <br />Distribution 1,370,726 1,268,407 <br />Contribution (367,350) (315,617) <br />Less: Captured Tax Increment Value (410,724) (307,790) <br />Totals $9,399,906 $8,470,611 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes levied: <br />Revenue $3,027,448 28.171 $2,685,794 27.401 <br />Bond and interest 321,952 2.996 354,206 3.614 <br />Totals $3,349,400 31.167 $3,040,000 31.015 <br />Certified levy amount is before HACA reduction. HACA is $421,891 and $415,957 for 1997 and 1996, respectively. <br />104 <br />
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