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1984 Annual Budget Adopted
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1984 Annual Budget Adopted
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1984 Annual Budget Adopted
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1984 TAX BREAKDOWN <br />CITY OF LINO LAKES <br />The following mill rates by taxing districts are in effect for taxes collected <br />during 1984. <br />TAXING <br />DISTRICT <br />City of Lino Lakes <br />County of Anoka <br />School District <br />Other Taxing Districts <br />Total Mill Rate <br />MILL RATE <br />Centennial - Forest Lake White Bear Lake <br />25.909 <br />28.363 <br />78.119 <br />5.864 <br />25.909 <br />28.363 <br />53.586 <br />4.557 <br />25.909 <br />28.363 <br />59.292 <br />5.864 <br />138.255 112.415 119.428 <br />COMPUTATION OF ASSESSED VALUATION: <br />Assessed Valuation $50,000 <br />1st $30,000 <br />2nd $30,000 <br />Excess <br />Assessed Value <br />17% <br />19% <br />30% <br />5,100 <br />3,800 <br />-0- <br />$ 8,900 <br />$70,000 <br />5,100 <br />5,700 <br />3,000 <br />$90,000 <br />5,100 <br />5,700 <br />9,000 <br />$13,800 $19,800 <br />TAX COMPUTATION BY SCHOOL DISTRICT: <br />The following table represents by school district what a homeowner might expect <br />to pay in the City of Lino Lakes for real estate taxes on property that is fully l <br />homesteaded and has a market value of $50,000, $70,000 or $90,000. The homestead <br />Credit for 1984 is 54% to a maximum of $650.00. The property tax shown below <br />as been reduced by the homestead credit. <br />School District $50,000 <br />Centennial District #12 <br />Forest Lake District #831 <br />White Bear Lake Dist. #624 <br />$ 580 7_: ( <br />460 <br />490 <br />$70,000 <br />$ 1,258 <br />900 <br />998 <br />$90,000 <br />$ 2,080 <br />1,576 <br />1,715 <br />
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