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CITY OF LINO LAKES, MINNESOTA
<br />ASSESSED AND ACTUAL VALUE OF TAXABLE PROPERTY,
<br />LAST TEN FISCAL YEARS
<br />Table 5
<br />Commercial/ Total Taxable
<br />Payable Residential Industrial Personal Assessed Total Direct
<br />Year Property Property Property Value Tax Rate
<br />1998 8,272,475 972,430 434,234 9,679,139 30.44
<br />1999 8,560,188 1,089,469 393,365 10,043,022 36.04
<br />2000 9,428,655 1,574,470 395,637 11,398,762 35.96
<br />2001 10,763,728 1,872,003 393,728 13,029,459 35.90
<br />2002 9,179,811 1,202,560 246,594 10,628,965 53.08
<br />2003 10,649,345 1,487,554 251,016 12,387,915 47.60
<br />2004 12,252,347 1,982,146 259,194 14,493,687 42.29
<br />2005 14,055,076 2,290,829 274,956 16,620,861 42.22
<br />2006 15,825,619 2,740,583 271,665 18,837,867 41.40
<br />2007 17,605,080 3,047,965 288,290 20,941,335 38.99
<br />Source: Anoka County, Minnesota Assessors' Office
<br />Note: The tax capacity (assessed taxable value) of the property is calculated by applying a
<br />statutory formula to the estimated market value of the property.
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