Construction Excise Taxes

Construction Excise Taxes (CETs) are state-approved taxes added to permit fees to help fund specific projects

School CET

The tax applies to all new construction and any building permit adding additional square footage to a structure, such as additions, mezzanines, etc. The current rate for fiscal year 2021-2022 is $1.39 per square foot of new square footage for residential use (including apartments and other multi-family uses), and $0.69 per square foot of new square footage for commercial use. These rates are adjusted for inflation each fiscal year.

Metro CET

This tax only applies to permits with a value of more than $100,000. To calculate this tax, multiply the value by .0012

Affordable Housing CET

This tax only applies to building permits with a value of more than $100,000. To calculate this tax, multiply the value by .01