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• <br />• <br />• <br />City o F no akes <br />Property Tax Computation <br />2010 <br />Market Value - $250,000 <br />Tax Capacity $2,500 <br />City Tax Rate x .37808 <br />City Tax $947 <br />2011 <br />9.5% decrease in value <br />Market Value - $225,600 <br />Tax Capacity $2,256 <br />City Tax Rate x .42004 <br />City Tax $947 <br />(0.0 %) <br />City of Li Lakes <br />Tax Rate Ranking in <br />Anoka County <br />• 2007 — 9th out of 21 cities /townships <br />• 2008 - 10th out of 21 cities /townships <br />• 2009 - 9th out of 21 cities /townships <br />• 2010 — 11th out of 21 cities /townships <br />• 2011 — 1 lth out of 21 cities /townships <br />