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06/05/2006 Council Packet
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06/05/2006 Council Packet
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4/22/2014 1:31:16 PM
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City Council
Council Document Type
Council Packet
Meeting Date
06/05/2006
Council Meeting Type
Work Session Regular
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CITY OF LINO LAKES, MINNESOTA <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES Exhibit 5 <br />Tax Capacity Tax Capacity <br />Values Values <br />2004/2005 2003/2004 <br />Taxable valuations: <br />Total $ 16,620,861 $ 14,493,687 <br />Fiscal disparities: <br />Distribution 1,749,152 1,708,178 <br />Contribution (881,474) (679,357) <br />Less: Captured Tax Increment Value (274,702) (246,042) <br />$ 17,213,837 $ 15,276,466 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes Levied: <br />Revenue 6,342,211 36.838 5,623,542 36.302 <br />Bond and Interest 927,091 5.385 927,078 5.985 <br />Totals <br />$ 7,269,302 <br />42.223 $ 6,550,620 42.287 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution <br />85 <br />
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