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05-06-2024 Local Board of Appeal and Equalization Meeting Packet
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05-06-2024 Local Board of Appeal and Equalization Meeting Packet
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5/3/2024 12:35:02 PM
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City Council
Council Document Type
Council Packet
Meeting Date
05/06/2024
Council Meeting Type
Board of Appeal
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Anoka County City of Lino Lakes <br />13 <br /> <br />2024 Market Value Statistics & New Construction <br />The tables below indicate the percentage change (YOY) for each of the four largest property types as well as the <br />total market value. The increase due to New Construction (NC) is also included in the table below. <br />*Significant changes to Commercial and Industrial properties are the result of Appraisers data review in 2023 which <br />coincide with classification changes from Commercial to Industrial. * <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Property Type 2024 EMV % Change (YOY)% Increase Due to NC <br />Residential 3,200,866,300$ 0.83%1.70% <br />Agricultural 65,459,500$ 12.22%0.07% <br />Apartment 81,866,000$ 28.05%23.05% <br />Commercial 139,514,400$ -11.49%5.51% <br />Industrial 185,597,100$ 31.93%0.00% <br />Total EMV 3,678,360,600$ 2.19%2.20% <br />15
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