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CITY OF LINO LAKES, MINNESOTA <br />ASSESSED AND ACTUAL VALUE OF TAXABLE PROPERTY Table 5 <br />Last Ten Fiscal Years <br />Estimated <br />Commercial/ Total Taxable Taxable <br />Payable Residential Industrial Personal Assessed Total Direct Market <br />Year Property Property Property Value Tax Rate Value <br />2007 $17,605,080 $3,047,965 $288,290 $20,941,335 38.99 $1,927,807,500 <br />2008 18,382,645 3,431,107 279,102 22,092,854 38.97 2,021,961,000 <br />2009 18,919,087 4,002,349 275,496 23,196,932 38.73 2,102,473,000 <br />2010 17,978,917 3,800,004 291,904 22,070,825 37.91 2,001,889,600 <br />2011 16,214,698 3,223,901 303,964 19,742,563 42.04 1,804,121,500 <br />2012 14,743,557 2,945,026 310,870 17,999,453 42.89 1,640,455,854 <br />2013 13,693,905 2,571,769 336,047 16,601,721 46.77 1,519,857,242 <br />2014 13,646,798 2,450,473 341,974 16,439,245 46.68 1,509,921,169 <br />2015 15,455,516 2,536,783 347,316 18,339,615 43.77 1,694,366,064 <br />2016 15,472,329 2,609,482 359,006 18,440,817 46.02 1,699,288,883 <br />The tax capacity (assessed taxable value) of the property is calculated by applying a statutory formula <br />to the estimated market value of the property. <br /> <br />Source: Anoka County, Minnesota Assessors' Office <br />150