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CITY OF RAMSEY, MINNESOTA Table 12 <br />PROPERTY VALUE, CONSTRUCTION, AND BANK DEPOSITS (1) <br />LAST TEN FISCAL YEARS <br />Commercial Residential <br />Construction Construction Property Value (2) <br />Fiscal Number Number <br />Year of Units Value of Units Value Commercial Residential Non - Taxable (3) <br />1979 9 $1,462,000 213 $ 4,806,000 $11,781,200 $114,105,705 $ 608,740 <br />1980 8 486,000 166 3,078,500 16,588,700 146,216,639 4,287,300 <br />1981 9 1,430,000 170 3,800,000 17,881,400 150,782,700 4,287,300 <br />1982 5 208,000 33 1,922,000 18,391,180 165,048,061 4,287,300 <br />1983 6 998,000 72 4,346,000 19,660,835 183,239,449 4,287,300 <br />1984 11 1,182,000 60 4,434,000 20,827,000 185,363,502 4,287,300 <br />1985 14 1,724,500 88 7,297,000 21,882,300 192,969,200 4,287,300 <br />1986 14 1,038,100 145 11,817,700 22,908,100 199,887,400 5,725,800 <br />1987 19 1,854,800 195 16,887,000 24,836,900 212,343,000 5,725,800 <br />1988 30 3,625,500 184 15,066,000 25,903,000 232,467,500 5,725,800 <br />(1) The only bank located in the City is a branch of the Northern Bank, Anoka. Branch data is not available. <br />(2) Estimated market value. <br />(3) Exempt property valued every six years. <br />