Niles Proposes 88.2% Property Tax Hike As Pensions, Infrastructure Costs Escalate
Journal and Topics
At last month's village board meeting, Niles finance officials detailed their proposal to increase the village's portion of the 2021 property tax levy by 88.2%, which would increase the tax bill on an average home valued at $353,000 by $469.
PROPERTY TAXES STILL ROB ‘HOME ALONE' HOUSE
The most recent property taxes paid on the “Home Alone” house totaled $31,380. Since 2001, the property taxes have jumped 65%, well above inflation.
Topeka coffee shop owners to challenge spike in appraisal value, taxes
The Topeka Capital Journal
The property tax bill spike came about because the office of Shawnee County appraiser Steve Bauman this year raise the property's appraisal value...
Why This "Amazon TIF" Isn't the Sweetheart Deal It Sounds Like
The terms “Amazon” and “Tax increment financing,” the popular but frequently abused tool to subsidize development, in the same sentence tend to set off alarm bells. Shreveport, Louisiana and the county government of Caddo Parish aren't even trying to hide it.
Xcel valuation drop prompts a late, steep decline in local tax base
A large reduction in the taxable value of Xcel Energy property delivered a hit to Mankato's tax base, forcing some late cuts to the city's budget.
Four Atlantic City Casinos May Close If State Doesn't Pass Aid Bill, Lawmaker Says
NBC New York
Democrat Steve Sweeney's claim at a Senate budget committee hearing represented a drastic departure from the original rationale behind the bill: that it is needed to help the casinos recover from the coronavirus pandemic.
Tenn. Judge Rejects Cost Approach Valuation For Lowes
A Tennessee administrative law judge rejected a county's cost value approach valuation of a Lowe's Home Center, lowering the store's assessment for its property over a seven-year period.