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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 />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 2,299,471,394
<br />2021 22,250,844 3,710,390 530,211 26,491,445 40.109 2,435,156,410
<br />2022 23,932,066 3,587,941 388,342 27,908,349 40.154 2,587,650,762
<br />2023 30,377,795 4,642,676 431,544 35,452,015 34.974 3,287,882,335
<br />The tax capacity (taxable assessed value) of the property is calculated by applying a statutory formula to the estimated market value of the property.
<br />
<br />Source: Anoka County
<br />140
<br />147
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