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Comprehensive Annual Financial Report 12/31/2002
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Comprehensive Annual Financial Report 12/31/2002
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Comprehensive Annual Financial Report
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12/31/2002
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VIM <br />MINN <br />Imo <br />CITY OF LINO LAKES, MINNESOTA <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES <br />Exhibit <br />Tax Capacity Tax Capacity <br />Values Values <br />2001/2002 2000/2001 <br />Taxable valuations: <br />Total $ 10,628,965 $ 13,029,459 <br />Fiscal disparities: <br />Distribution 1,368,643 1,917,954 <br />Contribution (517,216) (760,789) <br />Less: Captured Tax Increment Value (566,397) (912,580) <br />$ 10,913,995 $ 13,274,044 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes Levied: <br />Revenue 4,885,509 43.954 4,105,048 30.917 <br />Bond and Interest 1,016,649 9.130 661,192 4.98 <br />Totals $ 5,902,158 53.084 $ 4,766,240 35.897 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution <br />82 <br />
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