Tax Rates
The annual Statement of Account that Finance mailed to homeowners June 2007 is based on the new tax rates.
The new property tax rates for the 2007/08 tax year are listed in the following table:
| YEAR |
CLASS 1 |
CLASS 2 |
CLASS 3 |
CLASS 4 |
| 07/08 |
15.434% |
11.928% |
11.577% |
10.059% |
| 06/07 |
16.118% |
12.737% |
12.007% |
10.997% |
| 05/06 |
15.746% |
12.396% |
12.309% |
11.306% |
| 04/05 |
15.094% |
12.216% |
12.553% |
11.558% |
| 03/04 |
14.550% |
12.620% |
12.418% |
11.431% |
02/03
3rd & 4th Qtr. |
14.160% |
12.517% |
12.565% |
11.580% |
02/03
1st & 2nd Qtr. |
11.936% |
10.564% |
10.607% |
9.776% |
| 01/02 |
11.609% |
10.792% |
10.541% |
9.712% |
| 00/01 |
11.255% |
10.847% |
10.540% |
9.768% |
| 99/00 |
11.167% |
10.851% |
9.398% |
9.989% |
| 98/99 |
10.961% |
10.739% |
8.800% |
10.236% |
| 97/98 |
10.849% |
11.046% |
8.282% |
10.164% |
| 96/97 |
10.785% |
11.056% |
7.840% |
10.252% |
| 95/96 |
10.725% |
10.807% |
7.922% |
10.402% |
| 94/95 |
10.694% |
10.552% |
7.702% |
10.608% |
| 93/94 |
10.900% |
10.369% |
7.404% |
10.724% |
| 92/93 |
10.888% |
9.910% |
12.794% |
10.698% |
| 91/92 |
10.888% |
9.885% |
13.083% |
10.631% |
| 90/91 |
9.920% |
9.228% |
15.200% |
10.004% |
| 89/90 |
9.452% |
9.229% |
12.903% |
9.539% |
| 88/89 |
9.452% |
9.272% |
11.289% |
9.582% |
| 87/88 |
9.330% |
9.150% |
9.942% |
9.460% |
| 86/87 |
9.330% |
9.150% |
9.172% |
9.460% |
| 85/86 |
9.100% |
9.150% |
9.051% |
9.460% |
| 84/85 |
9.100% |
9.150% |
9.051% |
9.460% |
| 83/84 |
9.100% |
9.057% |
9.237% |
9.323% |
| 82/83 |
8.950% |
8.950% |
9.109% |
9.294% |
| 81/82 |
8.950% |
8.950% |
8.950% |
8.950% |
Information for Veterans
Homeowners who receive the Veterans' Property Tax Exemption are required to support the City's public schools. The veterans' tax rates for each year are as follows:
| School Tax Rate |
| YEAR |
CLASS 1 |
CLASS 2 |
CLASS 3 |
CLASS 4 |
| 07/08 |
10.342% |
8.019% |
-
|
6.769% |
| 06/07 |
9.182% |
7.288% |
-
|
6.301% |
| 05/06 |
8.693% |
6.872% |
-
|
6.276% |
| 04/05 |
8.225% |
6.687% |
-
|
6.335% |
| 03/04 |
7.761% |
6.764% |
-
|
6.135% |
02/03
3rd & 4th Qtr. |
7.096% |
6.312% |
-
|
5.848% |
02/03
1st & 2nd Qtr. |
7.096% |
6.312% |
-
|
5.848% |
Related Links
Interest Rates for the Late Payment of Property Taxes
