Summary
The DBA wants to scrap its decades-old maze of 14-plus assessment rates for a simple 0.06% of assessed property value. About half of downtown property owners would pay more and half would pay less, with a median change of just 4.6%. A public hearing is proposed for September 15, with new bills starting January 2027.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Aug 11, 2026.
Impact analysis
Median assessment increase of 4.6%; about half of downtown properties see bills rise, half fall, with 52% changing less than $500.
DBA gains stable, growing revenue for downtown maintenance, events, and marketing; property owners get a transparent formula tied to the county assessor.
Owners of parking garages, larger residential buildings, and hotels whose rates rise most under the new formula.
Mentions & discussions (1)
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