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04/09/2007 Council Packet
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04/09/2007 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
04/09/2007
Council Meeting Type
Regular
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1 Anoka County City of LinoLakes <br />The 2007 Assessment <br />The 2007 assessment should be a reflection of the 2006 market conditions. <br />Sales of property are constantly analyzed to chart the activity of the market place. <br />The Assessing staff does not create value; they only measure its movement. <br />Assessing property values equitably is part science, part judgment and part <br />communication skill. Training as an assessor cannot tell us how to find the <br />"perfect" value of a property, but it does help us consistently produce the same <br />estimate of value for identical properties. That after all, is the working definition of <br />equalization. <br />As of January 2, 2007, there were 7,846 parcels in the City (including <br />manufactured homes). That is an increase of 223 or 2.9% over the 2006 parcel <br />count. This total includes: <br />6,682 residential parcels <br />594 exempt parcels <br />243 commercial and industrial parcels <br />194 agricultural parcels <br />94 manufactured homes <br />24 tax forfeit (<1%) <br />8 utility (<1%) <br />4 personal property (<1%) <br />3 apartment (<1%) <br />Distribution of Parcels by Property Type <br />Residential <br />85.2% It <br />Exempt) <br />7.6% <br />Commercial Industrial I <br />3.1% <br />Agricultural <br />2.5% <br />Manufactured Homes <br />1.2% <br />All Other <br />0.5% <br />
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