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CITY OF LINO LAKES, MINNESOTA
<br />ASSESSED AND ACTUAL VALUE OF TAXABLE PROPERTY
<br />Last Ten Fiscal Years
<br />Commercial/
<br />Payable Residential Industrial Personal
<br />Year Property Property Property
<br />Total Taxable
<br />Assessed Total Direct
<br />Value Tax Rate
<br />Table 5
<br />Estimated
<br />Taxable
<br />Market
<br />Value
<br />2015
<br />15,455,516
<br />2,536,783
<br />347,316
<br />18,339,615
<br />43.770
<br />1,694,366,064
<br />2016
<br />15,472,329
<br />2,609,482
<br />359,006
<br />18,440,817
<br />46.019
<br />1,699,288,883
<br />2017
<br />16,480,328
<br />2,767,099
<br />396,378
<br />19,643,805
<br />45.140
<br />1,808,417,118
<br />2018
<br />17,879,879
<br />2,966,548
<br />442,867
<br />21,289,294
<br />42.826
<br />1,959,826,108
<br />2019
<br />18,920,892
<br />3,294,449
<br />471,895
<br />22,687,236
<br />41.817
<br />2,082,803,803
<br />2020
<br />20,781,383
<br />3,686,997
<br />419,457
<br />24,887,837
<br />39.870
<br />2,299,471,394
<br />2021
<br />22,250,844
<br />3,710,390
<br />530,211
<br />26,491,445
<br />40.109
<br />2,435,156,410
<br />2022
<br />23,932,066
<br />3,587,941
<br />388,342
<br />27,908,349
<br />40.154
<br />2,587,650,762
<br />2023
<br />30,377,795
<br />4,642,676
<br />431,544
<br />35,452,015
<br />34.974
<br />3,287,882,335
<br />2024
<br />32,389,089
<br />6,066,250
<br />390,827
<br />38,846,166
<br />36.090
<br />3,524,450,903
<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 />Source: Anoka County
<br />146
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