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04-27-2015 Council Packet
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04-27-2015 Council Packet
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10/8/2015 12:46:00 PM
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4/28/2015 12:43:00 PM
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City Council
Council Document Type
Council Packet
Meeting Date
04/27/2015
Council Meeting Type
Regular
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Anoka County <br />City of Lino Lakes <br />Market Value Effect of New Improvements <br />The next example is a more detailed breakdown of changes for the 2015 assessment as compared to <br />the 2014 assessment. The chart first shows the change in value and percentage of change when not <br />including value added for new improvements; it then shows the change in value including new <br />improvement values. As you can see, the overall increase in value before adjusting for new <br />construction is .4%. When new construction was accounted for, the overall increase changed to <br />1.2%. <br />Property <br />Type <br />Residential <br />Commercial <br />Industrial <br />Total <br />2014 <br />Total <br />Estimated <br />Market <br />Value <br />51,584,509,500 <br />$132,531,400 <br />2015 <br />Estimated <br />Market Value <br />Not Including <br />New Improvement <br />Value <br />$1,587,980,500 <br />$155,982,800 <br />51,717,141,000 51,723,953,400 <br />Percent of <br />Change <br />2014 to 2015. <br />Not Including <br />New Improvement <br />Value <br />0.2% <br />2.5% <br />0.4% <br />2015 <br />New <br />Improvement <br />Value <br />511,089500 <br />$2,013,&00 <br />513,103,100 <br />2015 <br />Estimated <br />Market Value <br />Including <br />New Improvement <br />Value <br />51,599,070,100 <br />5137,995400 <br />51,737,055,500 <br />Percent of <br />Change <br />2014 to 2015 <br />Including <br />New Improvement <br />Value <br />0.9% <br />4.0% <br />1.2% <br />'Total in this table onlg includes Residential and Commercialilndustrial Values. <br />14 <br />
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