When city-developed land is sold, taxes are collected on land only to December 31 of the current year. The Assessment and Taxation Division receives a copy of the building permit, and an assessor will carry out an inspection after a reasonable time is allowed for completion. The building may be assessed and taxed at any stage of construction.
Before construction commences, a tax estimate may be obtained from the Assessment & Taxation Division by supplying the assessor with a set of home plans.
All buildings including commercial buildings, residences, decks, sheds and garages over 100 square feet in size are assessed for tax purposes.