Laserfiche WebLink
Taxes <br /> .Tax Capacity Rates <br />Year Total Rate* Ciry Rate <br />2006 125.490 43.929 <br />2005 123.988 43.763 <br />2004 122.714 43.782 <br />2003 134.939 44.614 <br />2002 139.799 43.600 <br />2001 128.544 30.596 <br />:2006 Gty Tax Breakdown <br />School District 728 35.950 <br />Ciry of Elk River 43.929 <br />Sherburne County 41.555 <br />County Special Rail Authority 1.279 <br />City EDA & HRA 2.777 <br />Total Rate 125.490* <br />* Total tax rates do not include Market value School Excess Levy Referendum rate oj0.15508%, the CommerciaUlndustrlal Slate Tax rate of <br />50.827% and the Seasonal Recreation Resvdentlal State Tar rate of 28.385%. <br />Commercial/Industrial Taxes: <br />Minnesota real estate taxes are based on fair market value estimates. Tax capacity times the tax rate equals property taxes. <br />Tax capacity is the value of [he property under $150,000 Gmes 1.5 % plus any value over $150,000 times 2.0%. <br />2006 City General Fund Budget: $10,596,550 <br />City Bond Rating: A-I Moody's <br />Housing and Development <br />New Residential Construction Permit value. <br />100M 595,461,665 <br />F87,1oi,347 , <br />SOM <br />60M SS7,119,695 <br />S4isols7a <br />40M E41;877,9di <br />20M <br />2001 2002 2003 2004 2005 <br />Source: Ciry of Elk Raver Building Divis+bn <br /> New Housing Units <br />Year' Total Units ".. Single Family <br />2005 362 195 <br />2004 547 301 <br />2003 546 285 <br />2002 224 1S3 <br />2001 256 163 <br />Source Ciry of Elk River Building Division <br />New Commercial/Industridi Construction Perm2 ~aiue <br />SOM 556,7u,134 . <br />40M <br />30M <br />20M <br />E8,118,842 <br />IOM 56341570 ..55,224,891 $4,156,000 <br />2001 2002 2003 2004 2005 <br />Source: Cfly of Elk River Buddang Diu~sion (doer not include <br />insh~tutionalQernail value) <br /> <br />Year Home Sales <br /># Sold <br />Mean Pnce '. <br />2005 476 $231,698 <br />2004 442 227,724 <br />2003 364 210,976 <br />2002 313 195,367 <br />2001 300 175,149 <br />Souris: Sherburne CountyASressors Oj~ce <br />