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City of Lino Lakes
<br />Net Tax Capacity Calculation
<br />Adopted Adopted Estimated
<br />2008 2009 2010 Difference
<br />Taxable Market Value 2,021,961,000 2,134,558,200 2,009,657,700 (124,900,500)
<br />Annual % Change 4.83% 5.57% (5.85 %)
<br />Total Net Tax Capacity Value 22,092,854 23,196,932 22,123,270 (1,073,662)
<br />Less FD Contribution in Value 1,282,009 1,461,587 1,697,800 236,213
<br />Less Captured Value for Tax Increment 532,660 664,119 328,898 (335,221)
<br />Total Net Tax Capacity Value 20,278,185 21,071,226 20,096,572 (974,654)
<br />Annual % Change 4.67% 3.91% (4.63 %)
<br />Net Tax Capacity Rate Calculation
<br />Adopted Actual Estimate
<br />2008 2009 2010
<br />Total Levy 8,866,956 9,244,338 8,695,414
<br />Less FD Distribution 965,414 1,082,933 1,097,539
<br />Total Net Levy 7,901,542 8,161,405 7,597,875
<br />of increase /(decrease) 4.74% 3.29% (6.90 %)
<br />City Tax Capacity Rate 38.967% 38.732% 37.808%
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