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CITY OF LINO LAKES
<br />2007 -2011 Financial Plan
<br />Net Tax Capacity Calculation
<br />Actual
<br />2006
<br />Actual Estimate
<br />2007 2008
<br />Estimate
<br />2009
<br />Estimate
<br />2010
<br />SCENARIO I
<br />Estimm
<br />2011
<br />Taxable Market Value 1,731,811,800 1,928,715,900 2,063,726,013 2,208,186,834
<br />Annual % Change 12.83% 11.37% 7.00% 7.00%
<br />Total Net Tax Capacity Value 18,850,702
<br />Less FD Contribution in Value 1,010,480
<br />Less Captured Value for Tax Increment 389,386
<br />20,974,940
<br />1,172,916
<br />428,590
<br />22,443,186
<br />1,255,020
<br />458,591
<br />24,014,20
<br />3 ,912 2,528,153,106
<br />`7.00% 7.00%
<br />25,695,203
<br />36,873
<br />693
<br />27,493, 868
<br />1,537,454
<br />561,794
<br />Total Net Tax Capacity Value 17,450,836 19,373,434 20,729,57 , � '2,180,645 23,733,` ' ' 25,394,620
<br />Annual % Change
<br />Total % Change from 2006
<br />Total Levy
<br />Less FD Distribution
<br />Total Net Levy for Tax Rate
<br />Annual % Change
<br />Total % Change from 2006
<br />12.84% 11.02%
<br />11.02%
<br />° -yo 27.10% 36.00% 45.52%
<br />„.,.
<br />7.00%
<br />7.00% 7.00%
<br />Net Tax Capacity Rate Calculation
<br />2006
<br />7,976,907
<br />758,894
<br />2.60%
<br />7,218,013
<br />2007
<br />200
<br />328 9,013,292
<br />2009 2010 2011
<br />94,889 10,374,027 11,346,458
<br />976,397 45 1,117,877 1,196,129
<br />..24 % %� o° 0 7.00% 7.00%
<br />7 07 8,550;44 9,256,150 10,150,3
<br />10.54% -" '% 6.54% 6.39% 8.26% 9.
<br />11.34% 18.46% 28.24% 40.62%
<br />- 214,086 223,570
<br />Referendum Levy �"P
<br />Market Value Tax Rate .' ,.�^ - !?! 0.000% 0.000% 0.009% 0.009%
<br />$150,000 General Levy r 620 584 582 578 585 600
<br />Str Refer Y - - 14 13
<br />620 584 582 578 599 613
<br />7 779 775 771 780 799
<br />$200,000 r' Levy� 18 18
<br />779 775 771 798 817
<br />$250,
<br />$300,000 Gene
<br />Str Ref
<br />1,034
<br />1,034
<br />973 969
<br />973 969
<br />964 975 999
<br />23 22
<br />964 998 1,021
<br />1,241 1,168 1,163 1,156 1,170 1,199
<br />- - 27 27
<br />1,241 1,168 1,163 1,156 1,197 1,226
<br />$350,000 General Levy 1,448 1,363 1,357 1,349 1,365 1,399
<br />Str Referendum L- - 32 31
<br />Total Levy 1,448 1,363 1,357
<br />1,349 1,397 1
<br />$400,000 General Levy
<br />Str Referendum Levy
<br />Total Levy
<br />1,654 1,558 1,551
<br />1,654 1,558 1,551
<br />B -4
<br />1,542 1,560 1.
<br />36 35
<br />1,542 1,596 1,634
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