2020 Comprehensive Annual Financial Report

TAX CAPACITY AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY Last Ten Fiscal Years CITY OF SHAKOPEE

Table 5

Taxable Tax Capacity as a Percentage of

Estimated Taxable

Less:

Less Net

Net Taxable

Total Direct

Commercial Industrial

Fiscal Year

Residential Property

Other

Tax Increment

Fiscal

Tax

Market Value

Estimated

Property

Property

Property

Disparities

Capacity

Tax Rate

Market Value

2011 24,652,932 $

18,351,835 $

1,304,688 $

$

161,430

1,630,522 $

42,517,503 $

0.34731

3,570,069,500 $

1.19%

2012 23,180,073

17,956,273

852,512

155,002

1,740,447

40,093,409

0.36655

3,347,179,800

1.20%

2013 22,824,263

17,577,547

576,049

107,928

1,707,617

39,162,314

0.41996

3,064,695,700

1.28%

2014 22,782,372

17,580,049

589,717

214,592

1,961,307

38,776,239

0.41437

3,206,518,700

1.21%

2015 26,419,959

18,769,230

625,872

408,172

1,918,874

43,488,015

0.37862

3,629,757,200

1.20%

2016 27,838,939

20,111,657

670,839

384,578

1,857,605

46,379,252

0.37902

3,844,106,800

1.21%

2017 28,199,409

23,224,857

608,016

827,765

2,015,785

49,188,732

0.38522

4,034,313,200

1.22%

2018 30,219,157

25,743,850

553,398

1,330,932

2,104,902

53,080,571

0.37212

4,342,662,600

1.22%

2019 32,118,359

27,272,649

508,798

1,657,341

2,239,985

56,002,480

0.34943

4,613,605,800

1.21%

2020 35,752,512

29,664,024

522,137

1,953,037

2,229,208

61,756,428

0.33965

5,063,670,900

1.22%

Source: Scott County Auditor

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