Article in the Pilot:

The city’s average real estate assessment has risen 2.6 percent, the City Council was told this afternoon.
The new assessments – which go into effect July 1 – end a four-year trend of double digit percentage increases.
Read and comment at Pilotonline.com.

Here’s a couple official docs too:

Neighborhood Report. [43pg PDF]
City Assessor 2009 Report to City Council [33pg PDF]