Laserfiche WebLink
FISCAL ANALYSIS <br />Table E illustrates the average tax rates for County, City, school and special tax districts <br />within a sample of communities. Average tax rates are provided by the League of <br />Minnesota Cities because the Cities may overlap several school districts. <br />Lino Lakes' current local tax rate can be attributed to a number of factors. These factors <br />include the City's reliance on property tax for local revenues and the low percentage of <br />intergovernmental aid received by the City in comparison with adjacent and similar <br />communities. Lino Lakes' local tax rate is also affected by the City's current tax base <br />composition which is predominantly homesteaded residential properties, versus <br />apartments or commercial and industrial developments. <br />TABLE E <br />1996 TAX RATE COMPARISON <br />Average <br />County Tax <br />Average <br />City Tax <br />Average <br />School Tax <br />Average <br />Special Tax <br />Average <br />Total Tax <br />Lino Lakes <br />31.04 <br />31.02 <br />60.74 <br />5.64 <br />128.45 <br />Andover <br />31.04 <br />19.48 <br />64.90 <br />1.55 <br />116.97 <br />Blaine <br />31.26 <br />18.23 <br />65.62 <br />6.18 <br />121.29 <br />Champlin <br />37.27 <br />18.23 <br />64.39 <br />7.19 <br />127.07 <br />Forest Lake <br />27.44 <br />28.09 <br />47.70 <br />3.05 <br />108.28 <br />Hugo <br />29.76 <br />22.41 <br />61.66 <br />3.36 <br />117.20 <br />Oakdale <br />29.76 <br />23.28 <br />63.83 <br />9.20 <br />126.07 <br />Ramsey <br />31.04 <br />20.20 <br />62.72 <br />1.36 <br />115.31 <br />Woodbury <br />29.76 <br />21.55 <br />61.58 <br />6.26 <br />119.15 <br />State Average <br />36.84 <br />26.37 <br />63.25 <br />4.85 <br />131.32 <br />SOURCE: League of Minnesota Cities <br />COMPREHENSIVE PLAN UPDATE <br />6 <br />LINO LAKES <br />INVENTORY <br />