Property Tax News Articles & Updates

Brusniak Turner Fine Updates 1/6/2021

Posted by John Brusniak | Jan 06, 2021 | 0 Comments

NATIONAL

Hotel Owners Continue to Reel From the Pandemic
Wall Street Journal 
Hotel owners are bracing for a difficult 2021, as the sector continues to reel from a historic drop in bookings caused by the Covid-19 pandemic.

Macy's is closing 45 stores in 2021, and some have already started liquidation sales
Business Insider 
The closures are part of the plan the retailer announced back in February 2020 to close 125 stores by 2023, about one-fifth of total locations. At the time, Macy's also announced that it would cut 2,000 corporate jobs.

ARIZONA

Lawsuit filed against assessor
Quay County Sun
January 6, 2021. The Quay Apartments in Tucumcari last week filed a lawsuit against Quay County Assessor Janie Hoffman, claiming a wrong ...

ILLINOIS

Crain's Chicago Business 
The Board of Review has largely reversed moves by the Cook County assessor to shift the tax burden from homeowners to businesses. So says a new ...

'You have no right to complain,' about tax hike over past 20 years, Cook County Treasurer says ...
WLS-TV
The study revealed the properties in Chicago and the suburbs with the largest property tax increases since 2000. Pappas said the only way to change ...
 
Pappas: Which properties have the biggest property tax increases since 2000? If you didn't vote ...
PRNewswire
According to the Top 50, the residential properties with the largest property tax increases from 2000 to 2019 are: In Chicago, a condominium on East ...

INDIANA

Indiana Lawyer 
The assessor, however, estimated the value of the Meijer property to be $14,450,000 under the sales comparison approach, $14,400,000 under the ...
 

MICHIGAN

Whitmer vetoes Meijer tax break, deferment of property taxes
Associated Press
Whitmer vetoes Meijer tax break, deferment of property taxes. By DAVID EGGERTa few seconds ago. LANSING, Mich. (AP) — ...

MISSOURI

nextstl.com 
The abatement amounts to $92,000 in today's dollars. The question for the city should be whether to permit it at all, not whether to incentivize it with tax ...

NEBRASKA

Many Lincoln homeowners will see values shoot up thanks to strong housing market, assessor says
Lincoln Journal Star
The tax valuation for an average Lancaster County home has continued to climb, reaching $203,842 last year. By comparison, the average Lancaster ...

TENNESSEE

Nashville councilmember proposes ending current property tax rate in wake of 34% hike
WZTV
NASHVILLE, Tenn.--A Metro Nashville City Councilmember is proposing putting an end date on the 34% property tax increase passed by the body last ...

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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