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CITY OF LINO LAKES, MINNESOTA
<br />ASSESSED (1) AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY
<br />Last Ten Fiscal Years
<br />(Unaudited)
<br />Taxes Real Personal Fiscal
<br />Payable Property Property Total Disparities
<br />1987 $28,399,493 $1,597,622 $29,997,115 $5,289,442
<br />1988 31,989,771 1,692,351 33,682,122 6,288,556
<br />1989 4,500,713 228,822 4,729,535 902,364
<br />1990 3,766,768 232,797 3,999,565 1,084,909
<br />1991 4,250,314 283,565 4,533,879 1,006,228
<br />1992 4,359,156 289,520 4,648,676 1,083,066
<br />1993 4,557,819 309,993 4,867,812 954,529
<br />1994 5,146,854 360,097 5,506,951 970,411
<br />1995 6,204,237 392,508 6,596,745 879,810
<br />1996 7,390,566 435,045 7,825,611 952,790
<br />(1) The State of Minnesota changed the method of calculating property taxes effective for taxes payable
<br />in 1989. Years 1987 through 1988 reflect assessed valuations. Year 1989 reflects gross tax
<br />capacity values. Years 1990 through 1996 reflect net tax capacity values.
<br />Source: Anoka County Department of Property Records and Taxation.
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