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Comprehensive Annual Financial Report 12/31/2003
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Comprehensive Annual Financial Report 12/31/2003
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Comprehensive Annual Financial Report
Date
12/31/2003
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CITY OF LINO LAKES, MINNESOTA <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES Exhibit 5 <br />Tax Capacity Tax Capacity <br />Values Values <br />2002/2003 2001/2002 <br />.— <br />Taxable valuations: <br />Total $ 12,387,915 $ 10,628,965 <br />Fiscal disparities: <br />Distribution 1,539,957 1,368,643 <br />Contribution (562,081) (517,216) <br />Less: Captured Tax Increment Value (676,932) (566,397) <br />$ 12,688,859 $ 10,913,995 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />... Taxes Levied: <br />Revenue 5,180,932 40.268 4,885,509 43.954 <br />Bond and Interest 943,689 7.335 1,016,649 9.130 <br />Totals $ 6,124,621 47.603 $ 5,902,158 53.084 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution <br />
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