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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 />2012 $14,743,557 $2,945,026 $310,870 $17,999,453 42.894 $1,640,455,854 <br />2013 13,693,905 2,571,769 336,047 16,601,721 46.774 1,519,857,242 <br />2014 13,646,798 2,450,473 341,974 16,439,245 46.683 1,509,921,169 <br />2015 15,455,516 2,536,783 347,316 18,339,615 43.770 1,694,366,064 <br />2016 15,472,329 2,609,482 359,006 18,440,817 46.019 1,699,288,883 <br />2017 16,480,328 2,767,099 396,378 19,643,805 45.140 1,808,417,118 <br />2018 17,879,879 2,966,548 442,867 21,289,294 42.826 1,959,826,108 <br />2019 18,920,892 3,294,449 471,895 22,687,236 41.817 2,082,803,803 <br />2020 20,781,383 3,686,997 419,457 24,887,837 39.870 2,294,753,477 <br />2021 22,250,844 3,710,390 530,211 26,491,445 40.109 2,435,156,410 <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 />138