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Anoka County City of Lino Lakes
<br />The 2011 assessment that is up for your review has a total unaudited assessed value of
<br />$1,738,766,200, excluding exempt, forfeit, utility, manufactured homes and personal property. It
<br />reflects an overall value decrease of 5.0% below the 2010 assessment. In comparison, the drop from
<br />2009 to 2010 was 8.9 %, so the deflation appears to be slowing.
<br />The pattern of growth and decline (including new construction) in the City's total value can be seen in
<br />the following list and chart:
<br />Year
<br />Growth and Decline in Property Values
<br />2004 to 2011
<br />(Total does not include manufactured homes, personal property, utilities, exempt or tax forfeit property values.)
<br />Residen al Commercial Industrial Total Percent
<br />Property Property Es mated of
<br />Value Value Market Value Change
<br />2011 $1,583,277,300 $155,488,900 $1,738,766,200 -5.0%
<br />2010 $1,651,198,900 $179,463,200 $1,830,662,100 -8.9%
<br />2009 $1,816,215,700 $193,442,000 $2,009,657,700 -5.9%
<br />2008 $1,929,960,400 $204,597,800 $2,134,558,200 3.7%
<br />2007 $1,873,327,500 $185,403,200 $2,058,730,700 4.6%
<br />2006 $1,800,319,200 $167,297,500 $1,967,616,700 5.5%
<br />2005 $1,715,519,200 $149,418,900 $1,864,938,100 13.9%
<br />2004 $1,513,665,700 $123,115,600 $1,636,781,300 NA
<br />$2,000,000,000
<br />$1,750,000,000
<br />$1,500,000,000
<br />$1,250,000,000
<br />$1,000,000,000
<br />$750,000,000
<br />$500,000,000
<br />$250,000,000
<br />SO
<br />2004
<br />2005
<br />2006
<br />2007
<br />2008
<br />2009
<br />2010
<br />2011
<br />Citywide Residential Assessed Value "" Citywide Commercial lridustriai Assessed Value
<br />Resider includes al property dassified Residential, Agrialtural and Apartment
<br />Commercial Industrial indudes all property dassified Col erdal, Industrial and Manuractred Home Park
<br />Page 13
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