Polis seeks $200M more to fight property tax hike, rejects eliminating 2 cent gas tax increase
Gov. Jared Polis Tuesday unveiled changes to his 2023-24 state budget proposal, less than a week before the start of the 2023 legislative session. At the outset, the governor rejected suggestions of eliminating the 2 cent-a-gallon gas tax hike that is slated to go into effect on July 1. His administration, backed by his allies in the legislature, suspended that tax hike last year in response to soaring inflation.
Longtime Residents In Gentrifying Areas Battle Huge Property Tax Increases: 'We Don't Want To Leave'
Block Club Chicago
Husband and wife Claudia Galeno-Sanchez and Leone Jose Bicchieri have weathered property tax hikes every year, reducing their bills with appeals, since buying their Pilsen home in 2016. But that streak ended in 2022. The couple is stuck paying a bill that went up 24.5 percent.
$200M tax break for St. John grain terminal raises concerns over legality of loophole
In early April, the Port of South Louisiana approved a deal that would allow an agriculture export company to avoid paying just over $200 million in property taxes on a grain terminal planned in St. John the Baptist Parish.
Maryland sees largest property value increase in years
Bay to Bay News
The Maryland Department of Assessments and Taxation announced last week its 2023 reassessment of 779,573 residential and commercial properties collectively known as “Group 2.” Overall, the statewide increase for this group over the past three years was 20.6 percent, higher than 2022's 12 percent, and 96.4 percent of Group 2 residential properties saw a value increase.
Plaza owners have appeals pending for millions of dollars in KC property values
Kansas City Business Journal
With Jackson County's 2023 property reassessment impending, the Country Club Plaza's joint venture ownership has continued appealing the 2019 and 2021 valuations for most of its properties.
Bill Would Give Property Tax Breaks for Green Building Upgrades
Many New York City co-op boards find themselves in a double bind. While they're struggling to pay rising property taxes, they're also facing costly retrofits to reduce their buildings' carbon emissions enough to satisfy looming city and state laws — Local Law 97 in New York City, and the state's Climate Leadership and Community Protection Act (CLCPA).
Charlotte considers property tax relief to combat gentrification
The Neighborhood Equity and Stabilization Commission (NEST), a group of community and neighborhood advocates the city commissioned after the 2040 plan's adoption, is recommending the city help people who meet certain income and age requirements with their tax bills.
Wyoming Counties Want To Assess Property Taxes For Wind Farms
Cowboy State Daily
Differences between property tax estimates provided by wind farm developers and actual tax assessments energy producers receive when a farm is operating has created a dispute over whether the state or Wyoming counties where the farms are located should do the assessments.
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