Real property transfer tax revenue tracking
Summary
The city has collected about $9.1–$9.2 million through March — hitting its annual $9 million projection with months to go, boosted by a one-time commercial sale in February. That's the fourth straight year in the $8–9 million range.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Aug 12, 2026.
Impact analysis
Extra transfer tax revenue above projections gives the city more breathing room.
City services funded by the general fund; also, buyers who build two or more new housing units get a one-transaction tax exemption.
Mentions & discussions (2)
FINANCE ADVISORY COMMITTEE — August 12, 2026
The transfer tax brackets haven't moved since 2021, and the five-year CPI adjustment is now due — a member flagged it so it doesn't slip through the cracks during department turnover. Higher thresholds mean most typical home sales wouldn't pay more.
FINANCE ADVISORY COMMITTEE — June 10, 2026
The city has collected about $9.1–$9.2 million through March — hitting its annual $9 million projection with months to go, boosted by a one-time commercial sale in February. That's the fourth straight year in the $8–9 million range.
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