HomeMy WebLinkAboutResolution 24-121CITY OF LINO LAKES
RESOLUTION NO. 24-121
ADOPTING THE 2025 PRELIMINARY LEVY
WHEREAS, Minnesota Statutes grant local governments authority to levy property taxes
to finance the operations of the local jurisdiction; and
WHEREAS, the City of Lino Lakes annually levies property taxes to finance general
operating costs and annual debt service on outstanding indebtedness; and
WHEREAS, the City Council has reviewed the 2025 preliminary levy and must certify it to
Anoka County on or before September 30, 2024.
NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes, Minnesota that the
following be levied for taxes payable 2025:
General Levies $14,285,625
. or -XI IT1-310 •1111
2015A G.O.
216,182
2015A G.O. Abatement
53,682
2015 EDA Lease Revenue
318,557
2018A G.O.
484,215
2021A G.O.
209,575
2024A G.O.
438,699
WEEM
Total 2025 Preliminary Levy $16,006,535
Adopted by the City Council of the City of Lino Lakes this 23rd day of September 2024.
Rob Raffierty, Mayor
ATTEST:
Roberta Colotti, CIVIC, City Clerk