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City of Lino Lakes, Minnesota
<br />Management Report, Page 3
<br />Property tax related State aids for the City of Lino Lakes have been as follows:
<br />City of Lino Lakes
<br />Local Homestead and Tax Base
<br />Government Agricultural Equalization Increase
<br />Year Aid Credit Aid Aid Total (Decrease)
<br />1987 $232,159 $277,294 $509,453
<br />1988 232,157 300,698 532,855 $23,402
<br />1989 330,823 284,060 614,883 82,028
<br />1990 163,165 362,289 $49,684 575,138 (39,745)
<br />1991 95,440 290,400 49,701 435,541 (139,597)
<br />1992 94,960 347,674 53,727 496,361 60,820
<br />1993 * 90,141 415,857 50,035 556,033 59,672
<br />* Amounts are shown before reduction due to 1993 legislative actions
<br />A graph of the above tables is as follows:
<br />City of Lino Lakes
<br />$700,000 -
<br />$600,000 -
<br />$500,000
<br />$400,000
<br />$300,000
<br />$200,000
<br />$100,000
<br />$0
<br />■
<br />State (in $1,000)
<br />■•�. ' - $500,000
<br />i •,► ■i
<br />M
<br />- $400,000
<br />- $300,000
<br />- $200,000
<br />- $100,000
<br />1987 1988 1989 1990 1991 1992 1993
<br />$0
<br />
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