The effective tax rate is the ratio between the property value and current tax bill for commercial properties.  The ratio is calculated by multiplying tax unit levies by the assessment rate.

These rates are only used for income producing properties such as commercial buildings and apartment complexes.  Commercial buildings are assessed at 25% and apartment complexes are assessed at 11.5%.

2004 Effective Tax Rates

2005 Effective Tax Rates

2006 Effective Tax Rates

2007 Effective Tax Rates

2008 Effective Tax Rates

2009 Effective Tax Rates

2010 Effective Tax Rates

2011 Effective Tax Rates

2012 Effective Tax Rates

2013 Effective Tax Rates