New Brunswick property assessment up by 10.9 per cent, hitting $81 billion
The New Brunswick government says due to a strong real estate market and new construction, property assessments are going up. Out of 447,000 assessments, the total value is $81 billion. It's an increase of 10.9 per cent, or $8 billion since last year.
City Council Approves 10-Year Tax Abatements For Zimmer Biomet Projects Totaling $30M
Zimmer Biomet sought and was approved Monday for two 10-year tax abatements totaling $30 million by the Warsaw Common Council. Warsaw Community Economic and Development Director Jeremy Skinner said the first new tax abatement request was for Biomet Manufacturing LLC, 56 E. Bell Drive.
County Assessor: Expect valuations to increase
Blaze Wurr, the Marshall County Assessor, said during a recent interview that he expects valuations of residential properties in the county to increase by an average of about 18 or 19 percent once the current round of assessments is complete.
Turner's state valuation increases nearly 20%, rescue gets new ambulance
Lewiston Sun Journal
Each year, Maine Revenue Services' property tax division completes a mass appraisal of all taxable properties across the state. It calculates, based on those appraisals, market and sale prices and other studies, the total equalized value of all taxable property — or state valuation — for each municipality.
Sherman beverage plant gets tax break for expansion
Breakfast drink maker Sunny Delight Beverages has agreed to launch a $30 million expansion at its Sherman plant in exchange for a property tax abatement. The plan will add more than 70 new jobs to the city's economy at the facility on FM 1417. Sunny Delight makes SunnyD brand beverages.