NATIONAL
Simon Property gives up on four struggling malls. Why more could follow
MarketWatch
It was called “jingle mail” during the last recession. Real estate owners in the wake of the 2007-2008 financial crisis who opted not to fight to keep their homes or commercial properties, instead sent back the keys to lenders to sort out the mortgage mess.
ARKANSAS
Tim Griffin floats Son of Sam plan to end the state income tax. Spoiler alert: It's a crock.
Arkansas Times
It has a much higher property tax, sixth highest in the country at a 1.8 percent effective rate, about three times the .63 effective rate in Arkansas, one of ...
CALIFORNIA
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Proposition 19 amends property tax reassessment rules Lake County Record-Bee A person seeking to transfer their residence's tax assessed value must file an application with the assessorin the county of the new residence. Seniors ... |
The Daily Breeze
While there are some benefits from expanding property tax “portability” to allow homeowners to transfer their Proposition 13 base-year value to ...
DELAWARE
Multiple issues at stake in county tax portion of state education funding lawsuit
Delaware First Media
The upcoming legal battle over when Delaware's three counties will conduct real estate reassessments and who should pay for the work isn't actually ...
IDAHO
Property tax panel recommends restricting, overseeing local government spending
Idaho Press-Tribune
BOISE — Lawmakers on an interim committee on property taxes on Thursday endorsed three legislative proposals aimed at restricting or overseeing ...
ILLINOIS
Tax incentive approved for Amazon warehouse in Arlington Heights
Chicago Daily Herald
The Cook County Board last week approved a 6b property tax incentive for GC Net Lease Investors LLC for an industrial building at 1455 Shure Drive ...
INDIANA
Tax Court upholds valuation for Bloomington Lowe's store
Indiana Lawyer
After the Monroe County Assessor valued the roughly 134,000 square-foot store for those years in a range of about $9 million to About $9.4 million, ...
MASSACHUSETTS
Worcester property values keep climbing, set record for fourth year in a row
Worcester Telegram
The average valuations for both classes of properties are about $1 million. With the new valuation, Worcester's single tax rate for this fiscal year is ...
NEW JERSEY
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3 NJ malls are going bankrupt, but towns that need their taxes hope they survive nj.com Still, Forosisky said she doesn't see tax abatements for PREIT as an option. Forty-three miles north of Vineland, the Cherry Hill Mall is distinctly not ... |
TEXAS
Those darn property taxes! Insights from Texas tax protests
Newswise
A recent deep-dive into property tax appeals in Texas offers new insights on what motivates people to protest or accept their tax obligations.
HPD Chief Art Acevedo calls Houston's skyrocketing murder rate a 'perfect storm'
Houston Chronicle
Police Chief Art Acevedo on Friday said murders are up 44 percent, blaming the rise on a panoply of factors: the stresses of COVID-19, an increase in numbers of defendants out on bail awaiting trial, reduced cooperation from witnesses and increased violence tied to gang and drug activity.
As oil demand declines, Texas must scout for new tax revenue streams
HPD Chief Art Acevedo calls Houston's skyrocketing murder rate a 'perfect storm'
Houston Chronicle
Police Chief Art Acevedo on Friday said murders are up 44 percent, blaming the rise on a panoply of factors: the stresses of COVID-19, an increase in numbers of defendants out on bail awaiting trial, reduced cooperation from witnesses and increased violence tied to gang and drug activity.
As oil demand declines, Texas must scout for new tax revenue streams
The Dallas Morning News
At the local level, property tax revenue is already dropping dramatically in some counties, municipalities and school districts that depend heavily on ...
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