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12/08/2008 Council Packet
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12/08/2008 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
12/08/2008
Council Meeting Type
Regular
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City of Lino Lakes <br />Truth in Taxation Hearing <br />Proposed 2009 Operating Budget <br />and Property Tax Levy <br />December 8, 2008 <br />City of Lino Lakes <br />Major Factors in 2009 <br />City of Lino Lakes levy: <br />— Levy Limited by State Statutes <br />— General Levy for Operations <br />— Special Levies for Debt Service, Abatement <br />payments and PERA <br />— Council Goals, Street Maintenance, Equipment <br />Replacement, Storm Drainage Maintenance <br />City of Lino Lakes Tax Base grew 4.34% <br />City of Lino Lakes <br />Proposed City Tax Levy <br />Adopted Preliminary Levy <br />MVHC — direct to Taxpayer <br />Levy received by City <br />MVHC to city from State <br />Levy for MVHC <br />$9,244,338 <br />( 250,000) <br />$8,994,338 <br />250,000 <br />-0- <br />Total Revenue to City $9,244,338 <br />
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