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Trend of Values(a)
<br />Assessment/
<br />Collection
<br />Year
<br />2014/15
<br />2013/14
<br />2012/13
<br />2011/12
<br />2010/11
<br />Assessor's
<br />Estimated
<br />Market Value
<br />$1,798,481,600
<br />1,625,143,100
<br />1,636,167,000
<br />1,752,697,700
<br />1,829,803,000
<br />CITY PROPERTY VALUES
<br />Sales
<br />Ratio 0)
<br />N/A
<br />91.9%
<br />98.4
<br />100.3
<br />N/A
<br />Economic
<br />Market Value(t)
<br />N/A
<br />$1,766,853,912
<br />1,633,430,925
<br />1,748,980,302
<br />N/A
<br />Market Value
<br />Homestead
<br />Exclusion
<br />$84,278,943
<br />97,474,237
<br />96,404,391
<br />87,979,240
<br />N/A
<br />(a) For a description of the Minnesota property tax system, see Appendix III.
<br />Taxable
<br />Market Value
<br />$1,694,366,064
<br />1,509,921,169
<br />1,519,857,242
<br />1,640,455,854
<br />1,804,121,500
<br />Adjusted
<br />Taxable Net
<br />Tax Capacity
<br />$19,669,590
<br />17,766,193
<br />17,782,398
<br />19,235,909
<br />20,887,606
<br />(l') Sales Ratio Study for the year of assessment as posted by the Minnesota Department of Revenue,
<br />http://www. revenue. state.mn.us/propertytax/Pages/statistics-imv.aspx. Prior to 2011/12, a different
<br />methodology was used to calculate sales ratios and the economic market value cannot be derived.
<br />Economic market values for the year of assessment as posted by the Minnesota Department of Revenue,
<br />http: //www. revenue. state. mn.us/propertytax/Pages/statistics-imv aspx.
<br />(c)
<br />Source: Anoka County, Minnesota, March 2015, except as otherwise noted.
<br />2014/15 Adjusted Taxable Net Tax Capacity: $19,669,590*
<br />Real Estate:
<br />Residential Homestead
<br />Commercial/Industrial
<br />and Public Utility
<br />Residential Non -Homestead
<br />Agricultural
<br />Seasonal Recreational
<br />Personal Property
<br />2014/15 Net Tax Capacity
<br />Less: Captured Tax Increment
<br />Contribution to Fiscal Disparities
<br />Plus: Distribution from Fiscal Disparities
<br />$13,858,064 75.6%
<br />2,536,783 13.8
<br />1,261,754 6.9
<br />298,844 1.6
<br />36,854 0.2
<br />347,316 1.9
<br />$18,339,615 100.0%
<br />(236,559)
<br />(1,072,910)
<br />2,639,444
<br />2014/15 Adjusted Taxable Net Tax Capacity $19,669,590
<br />* Excludes mobile home valuation of $11,989.
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