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Anoka County City of Lino Lakes <br />Market Value Effect of New Improvements <br />The next example is a more detailed breakdown of changes for the 2009 assessment as compared to <br />the 2008 assessment. <br />Listed below are the changes in estimated market value both pre new improvements and post new <br />improvements. <br />The following chart and graph illustrate the effect that new improvements had on overall value <br />changes. As the chart and graph shows, without the added value for new improvements the values <br />would have decreased on average 6.4 %. <br />NET CHANGE IN ESTIMATED MARKET VALUE FOR TAXABLE PROPERTIES <br />Property Type <br />2008 Pay 2009 2009 Pay 2010 <br />Gross 2009 Pay 2010 % of Change <br />Estimated EMV Not Including <br />Market Before New New <br />Value Improvements Imrovements <br />2009 Pay 2010 <br />New <br />Improvement <br />Value <br />2009 Pay 2010 <br />Gross <br />Estimated <br />Market <br />Value <br />Commercial Industrial $204,597,800 <br />Residential $1,929,960,400 <br />$192,873,000 <br />$1,805,447,900 <br />-5.7% $569,000 $193,442,000 <br />-6.5% $10,767,800 $1,816,215,700 <br />Total $2,134,558,200 <br />• 2008 Total Estimated <br />Market ValueEMV <br />2009 Pre New <br />Construction Total <br />Estimated Market Value <br />2009 Total Estimated <br />Market Value Including <br />New Construction <br />43 <br />$1,998,320,900 <br />-6.4% $11,336,800 $2,009,657,700 <br />Change in Estimated Market Value Pre & Post New Construction Value <br />2009 Pay 2010 <br />Gross <br />% of Change <br />-5.5% <br />-5.9% <br />-5.9% <br />0 <br />Commercial industrial <br />000 <br />00 <br />000 <br />1400 <br />9 <br />Reside ntial <br />