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City of Lino Lakes, Minnesota <br />(7) <br />(8) <br />(9) <br />if the fiscal disparities contribution under chapter 276A or 473F for the district is computed under <br />section 469.177, subdivision 3, paragraph (a). the amount of increased property taxes imposed on <br />other properties in the municipality that approved the tax increment financing plan as a result of the <br />fiscal disparities contribution; <br />the amounts of tax increment received and expended in the reporting period; <br />and any additional information the authority deems necessary. <br />The annual statement must inform readers that additional information regarding each district may be obtained from <br />the authority, and must explain how the additional information may be requested. The Authority must publish the <br />annual statement for a year no later than August 15 of the next year. The authority must identify the newspaper of <br />general circulation in the municipality to which the annual statement has been or will be submitted for publication and <br />provide a copy of the annual statement to the county board, county auditor, the school board, the state auditor, and <br />the governing body of the municipality on or before August 1 of the year in which the statement must be published. <br />The reporting and disclosure requirements outlined in this section shall begin with the year the district was certified, <br />and shall end in the year in which both the district has been decertified and all tax increments have been spent or <br />returned to the county for redistribution. Failure to meet these requirements, as determined by the State Auditors <br />Office, may result in suspension of distribution of tax increment. <br />SPRINGSTED Page 17 <br />