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Sherburne County �RB�yRNE Co'Y <br />5� s.. r <br />AUDITOR <br />Is <br />� <br />DIANE ARNOLD <br />13880 Business Center Drive NW �j= ANN, <br />Elk River, MN 55330 -1692 <br />763-765-4351:3 1- 800 - 438 -0576 ❑ Fax: 763 - 765 -4400 <br />Web: www.co.sherburne.mn.us rvesoja <br />AuL -ust 20. 2012 <br />To: City Administrators, Clerks and Finance Officers <br />And School District Administrators and Finance Officers <br />From: Diane Arnold <br />Re: Preliminary 2012 Tax Values (for Proposed 201' ) Tax Notices) <br />Following is the early Pay 2013 Net Tax Capacity and Market Value information for your <br />City, Township or School District. Countywide, there is a 4.08% decrease in Net Tax <br />Capacity and a 5.43)% decrease in total county Taxable Market Value. Please remember <br />that these values may drop slightly by next spring when final values are certified, due to <br />abatements; property tax forfeitures, late homesteads and clerical corrections. <br />Township /City /School District Elk River Ci <br />2012 Net Tax Capacity Values 2013 Preliminary NTC Values <br />RE & PP 22.290.897 20.650.315 <br />Less 10%200 KV 0 0 <br />Less Captured TIF (698,130) (690.689) <br />Tax Rate NTC 21,592,767 19.967,626 <br />Taxable Market Value 1,792,595.800 1.634.803.300 <br />MV Referendum 1,686,550,300 1.735.161.800 <br />