|
<br />Sales Assessment Ratio History
<br />
<br />Sales assessment ratios over the past ten years have been as follows':
<br />
<br />Year
<br />
<br />Amount
<br />
<br />84.9%
<br />87.6
<br />88.6
<br />92.1
<br />90.8
<br />
<br />Year
<br />
<br />1997
<br />1996
<br />1995
<br />1994
<br />1993
<br />
<br />Amount
<br />
<br />2002
<br />2001
<br />2000
<br />1999
<br />1998
<br />
<br />90.6%
<br />90.8
<br />90.4
<br />88.6
<br />91.2
<br />
<br />Valnation Trends (Real and Personal Property)
<br />
<br />Valuation trends over the past ten years have been as follows:
<br />
<br /> Net Tax Net Tax
<br /> Capacity Capacity
<br />Levy Year/ Indicated Estimated Before Tax After Tax
<br />Collection Year Market Value Market Value Increment2 Increment3
<br />200312004 $297,029,957 $252,497,300 $2,587,917 $2,805,458
<br />2002/2003 261,978,427 222,692,300 2,222,736 2,437,574
<br />2001/2002 205,970,987 180,650,300 1,875,844 2,071,728
<br />2000/200 1 178,045,313 157,941,400 2,204,360 2,455,864
<br />199912000 142,734,031 131,591,000 1,796,469 1,996,117
<br />199811999 115,341,740 104,730,300 1,390,704 1,570,777
<br />1997/1998 94,699,133 88,466,200 1,217,579 1,403,374
<br />1996/1997 85,274,449 77,429,200 1,151,435 1,274,916
<br />1995/1996 78,112,117 70,702,000 1,023,457 1,040,532
<br />1994/1995 71,708,691 63,533,900 895,079 919,342
<br />Breakdown of Val nations
<br />
<br />2003/2004 Estimated Market Value, Real and Personal Property:
<br />
<br />Residential Homestead
<br />Agricultural
<br />Commercial & Industrial
<br />Non-Homestead Residential
<br />Personal Property
<br />
<br />Total
<br />
<br />$ 221,078,300
<br />2,451,800
<br />16,972,700
<br />9,882,800
<br />2.111.700
<br />
<br />$ 252 497 300
<br />
<br />87.56%
<br />.97
<br />6.72
<br />3.91
<br />.84
<br />
<br />100 00%
<br />
<br />2003/2004 Net Tax Capacity. Real and Personal Property (before tax increment and fiscal disparity
<br />adjustments):
<br />
<br />Residential Homestead
<br />Agricultural
<br />Commercial & Industrial
<br />Non-Homestead Residential
<br />Personal Property
<br />
<br />Total
<br />
<br />$ 2,134,320
<br />15,175
<br />310,274
<br />90,665
<br />37.483
<br />
<br />$ 2587917
<br />
<br />82.47%
<br />.59
<br />11.99
<br />3.50
<br />1.45
<br />
<br />100 00%
<br />
<br />, The Sales ".'-~I Ratio for 2003 will not be available from 1he Minnesota Dep_ of Revenue until mid-July to August.
<br />2 Also before fisca1 disparity ~ts.
<br />3 Also after fisca1 disparity adjumments.
<br />
<br />-22-
<br />
|