Homes and taxes

Business building pace

Non-residential new growth averaged $19,421,113 a year in FY2024–FY2026, 3.3 times the pace before it.

Non-residential new value by year
Non-residential new value
FY2003$1,054,607
FY2004$2,267,000
FY2005$890,500
FY2006$2,275,033
FY2007$1,119,603
FY2008$1,766,341
FY2009$5,223,376
FY2010$3,885,315
FY2011$5,307,245
FY2012$2,477,150
FY2013$4,061,355
FY2014$2,535,264
FY2015$4,757,607
FY2016$2,691,081
FY2017$3,807,111
FY2018$8,298,520
FY2019$9,511,270
FY2020$10,303,130
FY2021$8,183,210
FY2022$5,918,680
FY2023$3,766,880
FY2024$23,162,670
FY2025$18,010,210
FY2026$17,090,460

DLS new growth file: new value certified, every class but residential. Equipment and utility plant are inside it with buildings.

1 · The facts

  • $19,421,113

    non-residential new value a year, FY2024–FY2026

  • $5,803,101

    a year, FY2013–FY2023

  • 3.3 times

    the recent pace against the earlier (our arithmetic)

  • $23,162,670

    added in FY2024, the largest year

  • $3,766,880

    added in FY2023, the year before the step

  • —

    what was built, and where

    not published

2 · What it shows

  1. 1

    Non-residential new growth ran 3.3 times its FY2013–FY2023 pace in FY2024–FY2026.

  2. 2

    What was built, and where, is not in the state’s file: it certifies dollars, not buildings.

Sources

What changed

Version 15 — updated September 20, 2026