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11/23/2009 Council Packet
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11/23/2009 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
11/23/2009
Council Meeting Type
Work Session Regular
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Taxable Market Value <br />Annual % Change <br />City of Lino Lakes <br />Net Tax Capacity Calculation <br />Adopted Estimated <br />2009 2010 <br />Difference <br />• <br />2,134,558,200 2,009,657,700 (124,900,500) <br />5.57% -5.85% <br />Total Net Tax Capacity Value 23,196,932 22,123,270 (1,073,662) <br />Less FD Contribution in Value 1,461,587 1,697,800 236,213 <br />Less Captured Value for Tax Increment 664,119 328,898 (335,221) <br />Total Net Tax Capacity Value 21,071,226 20,096,572 (974,654) <br />Annual % Change 3.91% (4.63 %) <br />Total Levy <br />Less FD Distribution <br />Total Net Levy <br />% of increase /(decrease) <br />Net Tax Capacity Rate Calculation <br />Actual Estimate <br />2009 2010 <br />9,244,338 8,695,414 <br />1,082,933 1,097,539 <br />8,161,405 <br />3.29% <br />7,597,875 <br />2 <br />• <br />• <br />
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