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<br />CITY PROPERTY VALUES
<br />
<br />
<br />Trend of Values(a)
<br />Assessment/ Assessor’s Market Value Adjusted
<br />Collection Estimated Sales Economic Homestead Taxable Taxable Net
<br />Year Market Value Ratio(b) Market Value(c) Exclusion Market Value Tax Capacity
<br />2015/16 $1,807,065,400 92.1% $1,961,793,363 $85,498,525 $1,699,288,883 $19,819,213
<br />2014/15 1,798,481,600 95.8 1,875,798,422 84,278,943 1,694,366,064 19,669,590
<br />2013/14 1,625,143,100 91.9 1,766,853,912 97,474,237 1,509,921,169 17,766,193
<br />2012/13 1,636,167,000 98.4 1,633,430,925 96,404,391 1,519,857,242 17,782,398
<br />2011/12 1,752,697,700 100.3 1,748,980,302 87,979,240 1,640,455,854 19,235,909 (a) For a description of the Minnesota property tax system, see Appendix III. (b) Sales Ratio Study for the year of assessment as posted by the Minnesota Department of Revenue,
<br />http://www.revenue.state.mn.us/propertytax/Pages/statistics-imv.aspx. (c) Economic market values for the year of assessment as posted by the Minnesota Department of Revenue,
<br />http://www.revenue.state.mn.us/propertytax/Pages/statistics-imv.aspx. Source: Anoka County, Minnesota, September 2016, except as otherwise noted.
<br />2015/16 Adjusted Taxable Net Tax Capacity: $19,819,213*
<br />
<br />
<br />Real Estate:
<br /> Residential Homestead $13,844,176 75.1%
<br /> Commercial/Industrial
<br /> and Public Utility 2,609,482 14.2
<br /> Residential Non-Homestead 1,304,919 7.1
<br /> Agricultural 283,242 1.5
<br /> Seasonal Recreational 39,992 0.2
<br />Personal Property 359,006 1.9 2015/16 Net Tax Capacity $18,440,817 100.0%
<br />Less: Captured Tax Increment (261,525)
<br /> Contribution to Fiscal Disparities (1,115,822)
<br />Plus: Distribution from Fiscal Disparities 2,755,743 2015/16 Adjusted Taxable Net Tax Capacity $19,819,213
<br />
<br />* Excludes mobile home valuation of $12,988.
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