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04/04/2011 Council Packet
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04/04/2011 Council Packet
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1/29/2014 11:29:01 AM
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City Council
Council Document Type
Council Packet
Meeting Date
04/04/2011
Council Meeting Type
Work Session Regular
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Anoka County <br />City of Lino Lakes <br />Market Value Effect of New Improvements <br />The next example is a more detailed breakdown of changes for the 2011 assessment when compared <br />to the 2010 assessment. The chart shows the percentage of change in value not including value <br />added for new improvements. And then it shows the change after including new improvement values. <br />As you can see, the overall decrease in value is 5.5% when you don't include the value of new <br />improvements and 5.0% when that value has been included. <br />2011 Percentof 2011 Percentof <br />2010 Es mated Change Es mated Change <br />Market Value 2010:to2011 2011 Market Value 2010 to 2011 <br />Es mated Not Including Not Including New " Including Including <br />Property ..Market New Improvement New Improvement Improvement New Improvement New Improvement. <br />Type Value Value Value Value Value Value <br />Residen al <br />Commercial <br />Industrial <br />Total <br />51,651,198,900 51,574,736,500 -4.6% 58,540,800 51,583,277,300 -4.1% <br />5179,463,200 5155,488,900 -13.4% $0 5155,488,900 -13.4% <br />51,830,662,100 51,730,225,400 -5.5% 58,540,800 51,738,766,200 -5.0% <br />Residential indudes all property dassified Residential, Agrialtural and Apartment <br />Commercial Industrial indudes all property classified Commercial, Industrial and Manufachred Home Park <br />Page 14 <br />
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