Board adopts Construction Excise Tax increase effective July 1, 2026
Cascade School District #5 approved recommended Construction Excise Tax rates: $1.70 per sq. ft. residential and $0.85 per sq. ft. non-residential (non-residential maximum $42,400), to take effect July 1, 2026; board discussion noted a missing attachment and CET usage.
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The board approved an increase in the Construction Excise Tax (CET) rate to align with State of Oregon recommendations. The new CET rates approved Jan. 12 are $1.70 per square foot for residential construction and $0.85 per square foot for non-residential construction, with a non-residential cap of $42,400; the rates take effect July 1, 2026.
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