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Taxable Market Value
<br />Annual % Change
<br />Total Net Tax Capacity Value
<br />Less FD Contribution in Value
<br />Less Captured Value for Tax Increment
<br />Total Net Tax Capacity Value
<br />Annual % Change
<br />Total Levy
<br />Less FD Distribution
<br />Total Net Levy for Tax Rate
<br />Annual % Change
<br />Projected City Tax Capacity Rate
<br />CITY OF LINO LAKES
<br />2016 General Fund Budget/Gap Analysis
<br />Net Tax Capacity Calculation
<br />Actual Adopted
<br />2014 2015
<br />1,509,921,169 1,696,252, 813
<br />(0.65%) 12.34%
<br />16, 439, 245 18, 354, 891
<br />1,063, 999 1,072,916
<br />232,280 236,506
<br />9/14/2015 CWS
<br />Estimate Proposed 11/23/2015 CWS 12/7/2015 CWS
<br />2016 2016 2016 2016
<br />1, 702, 582, 387 1, 702, 582, 387 1, 702, 582, 387 1, 702, 582, 387
<br />0.37% 0.00% 0.00% 0.00%
<br />18,474,127 18,474,127 18,474,127 18,474,127
<br />1,115,824 1,115,824 1,115, 824 1,115,824
<br />251,026 251,026 251,026 251,026
<br />15,142,966 17,045,469
<br />(0.12%) 12.56%
<br />2014
<br />17,107, 277 17,107, 277
<br />0.36% 0.36%
<br />Net Tax Capacity Rate Calculation
<br />2015
<br />8,296,044 8,686,072
<br />1,226,988 1,232,171
<br />2016
<br />10,007,866
<br />2016
<br />17,107,277 17,107, 277
<br />0.36% 0.36%
<br />2016
<br />2016
<br />9,058,428 9,058,428 9,058,428
<br />1,206,188 1,206,188
<br />1,206,188 1,206,188
<br />7,069,056 7,453,901
<br />(0.32%)
<br />8,801,678 7,852,240
<br />5.44% 18.08%
<br />5.34%
<br />7,852,240 7,852,240
<br />5.34% 5.34%
<br />46.682% 43.730% 51.450% i 45.900% 45.900% 45.900%':
<br />Use of Fund Reserves
<br />Transfer from Office Equipment Revolving Fund
<br />Transfer from Closed Bond Fund
<br />323,000 323,000 423,000 423,000
<br />- 100,000
<br />62,152 1,011,590 658,918 378,084
<br />Salary/Benefit Adj
<br />Parks - Capital Outlay
<br />Office Equipment Revolving Fund
<br />Others - Contingency
<br />Legal - Muni Attorney
<br />Use of Fund Reserves
<br />Lease Revenue - New Creations
<br />(83, 772)
<br />(75, 000)
<br />(25, 000)
<br />(50, 000)
<br />(10, 000)
<br />(100, 000)
<br />(8,900)
<br />658,918
<br />Fleet - Temporaries
<br />Fleet - Fuel
<br />Others - Contingency - Fire
<br />Office Equipment Revolving Fund
<br />Transfer from Office Equip Revolv Fund
<br />ACE Revenues
<br />Building & Mechancial Permit Revenues
<br />Municipal State Aid Revenues
<br />Police - Overtime
<br />Admin - Salary/Benefit Adj
<br />Recreation - Salary/Benefit Adj
<br />(30, 428)
<br />(20, 000)
<br />(50, 000)
<br />25,000
<br />(100, 000)
<br />(25, 000)
<br />(10, 000)
<br />(5,000)
<br />(3,068)
<br />(39,273)
<br />(23, 065)
<br />378,084
<br />12/3/2015
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