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CITY OF ELK RIVER, MINNESOTA
<br />TAX CAPACITY, MARKET VALUE AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY
<br />LAST TEN FISCAL YEARS
<br />2006 2007 2008 2009
<br />Tax capacity
<br />Real property
<br />Personal property
<br />Total tax capacity
<br />Tax increment
<br />Taxable net tax capacity
<br />Total tax capacity rate
<br />Taxable market value
<br />Real property
<br />Personal property
<br />Taxable market value
<br />Estimated actual market value
<br />of taxable property
<br />Taxable market value as a percentage
<br />of estimated actual market value
<br />$ 20,514,092
<br />$ 23,166,911
<br />$ 25,790,055
<br />$ 26,550,210
<br />246,741
<br />281,606
<br />279,154
<br />302,166
<br />20,760,833
<br />23,448,517
<br />26,069,209
<br />26,852,376
<br />(675,049)
<br />(786,795)
<br />(744,597)
<br />(899,835)
<br />$ 20,085,784
<br />$ 22,661,722
<br />$ 25,324,612
<br />$ 25,952,541
<br />43.929%
<br />43.056%
<br />42.494%
<br />43.280%
<br />$1,773,917,600
<br />$1,998,598,900
<br />$2,186,595,580
<br />$ 2,235,538,000
<br />12,494,300
<br />14,318,500
<br />14,221,560
<br />15,363,900
<br />$ 1,786,411,900 $ 2,012,917,400 $ 2,200,817,140 $ 2,250,901,900
<br />$ 2,109,366,764 $ 2,262,479,345 $ 2,457,361,368 $ 2,429,563,505
<br />84.69% 88.97% 89.56% 92.65%
<br />Source: Sherburne County Assessor
<br />Note: Property in the county is reassessed annually. The county assessor's market value of property is approximately 93 percent
<br />of actual value for all types of real and personal property.
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