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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 />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 />2017 16,480,328 2,767,099 396,378 19,643,805 45.14 1,808,417,118
<br />2018 17,879,879 2,966,548 442,867 21,289,294 42.83 1,959,826,108
<br />2019 18,920,892 3,294,449 471,895 22,687,236 41.82 2,082,803,803
<br />2020 20,781,383 3,686,997 419,457 24,887,837 39.87 2,294,753,477
<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
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