School District Construction Excise Tax (CET) Increase
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The most recent change to fees is a new increase in the Corvallis School District’s Construction Excise Tax (CET). Effective January 1, 2024, the Corvallis School District Construction Excise Tax (CET) will increase from $1.00 to $1.56 per square foot for residential construction, and from $0.50 to $0.78 per square foot for non-residential construction. An additional increase will become effective on July 1, 2024. The new rates, along with the maximum for non-residential construction, can be found in the table below.
The CET was first implemented in 2009 and helps pay for capital improvements to school facilities. The tax applies to construction permits that result in a new structure or additional square footage to an existing structure. The fee is collected and passed through to the Corvallis School District by Development Services at the time of permit issuance. Additional information, including construction projects that are exempt from the tax, can be found on the Corvallis School District’s website at Financial Services - Corvallis School District (csd509j.net).
The Corvallis School District has also provided a Brochure, Information Sheet, and Exemption Claim Form to help guide contractors and homeowners on how the tax will affect them.
Examples of various projects are listed below, showing how the rate increase will affect different types of construction.
Example #1
New 1,600 square foot single-family dwelling with three bedrooms and two bathrooms
Current CET: $1,600
CET Effective 1-1-24: $2,496
CET Effective 7-1-24: $2,608
Example #2
New three-story, 7,200 square foot apartment building, including eight units
Current CET: $7,200
CET Effective 1-1-24: $11,232
CET Effective 7-1-24: $11,736
Example #3
New two-story, 9,700 square foot commercial office building
Current CET: $4,850
CET Effective 1-1-24: $7,566
CET Effective 7-1-24: $7,954
For additional information about the CET adoption process or fee amount, please contact Lauren Wolfe, Corvallis School District 509J Business Services Manager, at 541-757-5874 or lauren.wolfe@corvallis.k12.or.us.
If you have questions about how the CET applies to a specific construction project, please contact Development Services at 541-766-6929 or development.services@corvallisoregon.gov.
