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Comprehensive Annual Financial Report 12/31/2008
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Comprehensive Annual Financial Report 12/31/2008
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Comprehensive Annual Financial Report
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12/31/2008
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CITY OF LINO LAKES, MINNESOTA Exhibit 5 <br />TAXABLE VALUATIONS, TAX LEVIES AND TAX RATES <br />Tax Capacity Tax Capacity <br />Values Values <br />2007/2008 2006/2007 <br />Taxable valuations: <br />Total $ 22,092,854 $ 20,974,940 <br />Fiscal disparities: <br />Distribution 2,475,798 2,204,262 <br />Contribution (1,282,009) (1,172,916) <br />Less: Captured Tax Increment Value (532,660) (428,590) <br />$ 22,753,983 $ 21,577,696 <br />Tax Tax <br />Certified Capacity Certified Capacity <br />Levy Rate Levy Rate <br />Taxes Levied: <br />Revenue $ 7,973,236 34.560 $ 7,558,995 34.356 <br />Bond and Interest 893,720 4.407 897,333 4.638 <br />Totals $ 8,866,956 38.967 $ 8,456,328 38.994 <br />The tax capacity rate is based on the total certified levy net of the fiscal disparity distribution <br />91 <br />
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