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<br />110 <br />CITY OF LINO LAKES, MINNESOTA Table 5 <br />ASSESSED AND ACTUAL VALUE OF TAXABLE PROPERTY, <br />LAST TEN FISCAL YEARS <br />Commercial/ Total Taxable <br />Payable Residential Industrial Personal Assessed Total Direct <br />Year Property Property Property Value Tax Rate <br />2006 15,825,619$ 2,740,583$ 271,665$ 18,837,867$ 41.40 <br />2007 17,605,080 3,047,965 288,290 20,941,335 38.99 <br />2008 18,382,645 3,431,107 279,102 22,092,854 38.97 <br />2009 18,919,087 4,002,349 275,496 23,196,932 38.73 <br />2010 17,978,917 3,800,004 291,904 22,070,825 37.91 <br />2011 16,214,698 3,223,901 303,964 19,742,563 42.04 <br />2012 14,743,557 2,945,026 310,870 17,999,453 42.89 <br />2013 13,693,905 2,571,769 336,047 16,601,721 46.77 <br />2014 13,646,798 2,450,473 341,974 16,439,245 46.68 <br />2015 15,455,516 2,536,783 347,316 18,339,615 43.77 <br />Source: Anoka County, Minnesota Assessors' Office <br />Note: The tax capacity (assessed taxable value) of the property is calculated by applying a <br />statutory formula to the estimated market value of the property.