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City of Lino Lakes, Minnesota
<br />Management Report, Page 8
<br />The City currently receives approximately $14,000 annually in MSA maintenance
<br />monies. The City also has available approximately $280,000 annually in MSA construc-
<br />tion allotments. These construction allotments ordinarily can be used to finance
<br />construction costs relating to MSA designated streets. Unused construction allotments
<br />total approximately $811,000 at December 31, 1986. The City may be able to justify
<br />and request up to 25% of such annual total allotments for maintenance purposes (i.e.,
<br />25% of $280,000 or $70,000 per year). This could increase the total MSA receipts of
<br />the City during periods in which the City does not have qualifying MSA construction
<br />projects. We recommend that the City consider this option.
<br />Taxes Receivable
<br />Delinquent taxes receivable were as follows for 1982 through 1986:
<br />1986 1985 1984 1983 1982
<br />Delinquent balance - January 1 $100,004 $ 86,141 $ 84,603 $ 81,671 $ 44,254
<br />Current levy 880,500 775,000 690,000 587,845 544,842
<br />Total receivable 980,504 861,141 774,603 669,516 589,096
<br />Receipts:
<br />County:
<br />Current 557,533 514,978 467,696 380,063 332,566
<br />Delinquent 28,464 19,630 33,045 34,223 23,750
<br />State 249,813 226,529 187,721 170,627 139,283
<br />Total receipts 835,810 761,137 688,462 584,913 495,599
<br />Unadjusted balance 144,694 100,004 86,141 84,603 93,497
<br />Homestead credit loss 11,826
<br />Delinquent balance $144,694 $100,004 $ 86,141 $ 84,603 $ 81,671
<br />Total collections as a percent
<br />of current levy 95% 98% 100% 99% 91%
<br />Property taxes are a primary revenue source of the City. The reduction in property
<br />tax collections should be reviewed. The County maintains detail of delinquent property
<br />taxes by parcel. We recommend that the City request a delinquent listing of property
<br />taxes to determine if such delinquencies are concentrated in certain areas of the City,
<br />and more importantly, to determine if an adverse trend is developing.
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