Property Tax News Articles & Updates

Brusniak Turner Fine Updates 11/29/2021

Posted by John Brusniak | Nov 29, 2021 | 0 Comments


Oil and gas companies default on $20M in property taxes
Western Investor
Saskatchewan rural municipalities (RM) say oil and gas companies are increasingly defaulting on property taxes, leaving RMs short money and unable to provide the required level of service.


This could finally be Sears' and Kmart's last holiday shopping season
CNN Business
The two chains are only a shell of what they were when the holding company that owns both emerged from bankruptcy less than three years ago


Small Business Owners Say Soaring Property Tax Assessments Could Put Them Out of Business
Property tax assessments for much of the North Side of Chicago show a 14% rise for residential, and nearly 50% for all other properties, most of which are commercial.


Michelle Wu says she would consider using surplus funds to lower property tax bills
Boston Herald
Springfield Mayor Domenic Sarno earlier this month proposed spending $5 million from that city's $27 million surplus over the next two years to help reduce the tax rate for homeowners


Flaggs: Vicksburg can absorb tax loss from Baxter Wilson closing
The Vicksburg Post
Vicksburg Mayor said the city will be able to absorb a more than $700,000 loss in tax revenue from the closing of Entergy's Baxter Wilson power plant on Kemp Bottom Road.


Wow! The highest property taxes in New Jersey
Mantoloking has the highest property taxes $19,304. In Monmouth County it's Rumson $21,153 and in Burlington County it's Moorestown $11,902


Ore. Tax Court Affirms New Construction Not Subject To Cap
The Oregon Tax Court ruled that a property was not subject to statutory limits on property tax increases because its growth in assessed value was connected to the completion...


Texas' Chapter 313 Program Closes, State Comptroller Covers Up Cost
The Texas Observer
The hulking property tax abatement program met its unexpected demise this year when state lawmakers chose not to renew it

Are divided Texas politics killing school bond packages?
The Dallas Morning News
When Texas voters went to ballot boxes earlier this month, they collectively did something that's traditionally been rare in recent years: they said “No” to public schools


Survey: Wisconsin farmland worth 10 percent more than in 2020
The Federal Reserve Bank of Chicago surveyed 151 bankers in their district, which includes Iowa and parts of Wisconsin, Illinois, Indiana and Michigan.

About the Author

John Brusniak

John Brusniak, Jr. is the dean of Texas property tax litigation.  He was licensed to practice law in 1976,   His early career involved general litigation and appellate work in both the federal and state courts until he was handed his first property tax matter.  It arose prior to the implementatio...


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