Where Do Your Tax Dollars Go?
The tax rate, or mill rate, is determined by the levy and tax base. Per the table below, the general tax rate of $2.44 per $1,000 of assessed value represents an increase of 23.5% from the previous fiscal year. The decrease is the result of the City’s 2025 revaluation process. State law requires assessed value to be within 10% of market value. Approximately 10,500 properties were reassessed totaling about $7.3 billion.
Taxes support key public services and infrastructure. The City strives to use every tax dollar as judicially as possible and work on behalf of residents and business to keep the tax rate consistent or lower from year to year. Additionally, property owners within the City’s sewer service area have a second line on their tax bill reflecting the Sewer Utility Fund tax levy.
For 2025, the mill rate decreased from $1.63 to $1.21/$1,000.
| Levy Year | General Assessed Tax Rate per $1,000 of Assessed Value | Sewer Assessed Tax Rate per $1,000 of Assessed Value |
|---|---|---|
| 2025 |
$2.44 |
$1.21 |
| 2024 |
$3.19 |
$1.63 |
| 2023 |
$3.13 |
$1.62 |
| 2022 |
$3.11 |
$1.60 |
| 2021 |
$3.08 |
$1.62 |
| 2020 |
$3.44 |
$1.81 |
| 2019 |
$3.28 |
$1.81 |
| 2018 |
$3.21 |
$1.94 |
| 2017 |
$3.16 |
$1.90 |
| 2016 |
$3.15 |
$1.89 |