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CITY TAX RATES, LEVIES AND COLLECTIONS
<br />Tax Capacity Rates for a City Resident in Independent School District No. 12 (Centennial)
<br />2014/15
<br />For
<br />2010/11 2011/12 2012/13 2013/14 Total Debt Only
<br />Anoka County(a) 40.376% 41.615% 44.761% 43.613% 38.443% 4.953%
<br />City of Lino Lakes 42.041 42.894 46.774 46.683 43.770 5.951
<br />ISD No. 12
<br />(Centennial)0) 43.695 40.010 43.681 46.186 36.562 23.918
<br />Special Districts(') 5.494 6.222 6.590 6.338 5.701 2.202
<br />Total 131.606% 130.741% 141.806% 142.820% 124.476% 37.024%
<br />(a) Includes Anoka County Library and County/City Radio.
<br />(b) Independent School District No. 12 (Centennial) also has a 2014/15 tax rate of 0.16627% spread on the market
<br />value of property in support of an excess operating levy.
<br />Special districts include Metropolitan Council, Metropolitan Transit District, Metropolitan Mosquito Control,
<br />Rice Creek Watershed, and Anoka County Railroad Authority.
<br />(c)
<br />NOTE: Taxes are determined by multiplying the net tax capacity by the tax capacity rate, plus multiplying the
<br />referendum market value by the market value rate. This table does not include the market value based
<br />rates. See Appendix III.
<br />Tax Levies and Collections
<br />Collected During Collected and/or Abated
<br />Net Collection Year As of 12-31-14
<br />Levy/Collect Levy* Amount Percent Amount Percent
<br />2014/15 $8,680,907 (In Process of Collection)
<br />2013/14 8,292,159 $8,225,357 99.2% $8,234,201 99.3%
<br />2012/13 8,211,868 8,109,317 98.8 8,188,529 99.7
<br />2011/12 8,223,605 8,088,787 98.4 8,203,039 99.7
<br />2010/11 8,368,125 8,172,242 97.7 8,351,346 99.8
<br />The net levy excludes state aid for property tax relief and fiscal disparities, if applicable. The net levy is the
<br />basis for computing tax capacity rates. See Appendix III.
<br />FUNDS ON HAND
<br />As of February 28, 2015
<br />General Fund $ 4,265,901
<br />Special Revenue Funds 266,414
<br />Capital Project Funds 13,768,969
<br />Enterprise Fund 13,097,984
<br />Debt Service Funds 1,122,961
<br />Agency Funds 1,134,776
<br />Total Cash and Investments $33,657,005
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