Hoover OKs tax abatements for real estate company's expansion
Shelby County Reporter
On Monday, Feb. 7, the City Council voted in favor of providing tax abatements to Lake Homes Realty LLC to relocate and grow its operations in a major…
County issues ultimatum over tax break
Officials are warning Walmart they may roll back a development incentive for the company's massive warehouse going up in the western part of the county.
Kan. Senate weighs bill to trim property tax for K-12 schools by $150M
Passage of property tax legislation in the Kansas Senate would exempt $100,000 of the assessed value on residential property from the 20-mill tax used by the state to finance public schools and would result in a decline of nearly $150 million annually in state revenue.
Jefferson City Council approves tax abatement on new entertainment center
The council voted to abate 75% of property taxes on project improvements for a 10-year initial period. Brad Harrison, one of the four owners of…
Co-op and Condo Boards to Weigh Staff Pay Against Tax Abatement
The board at a Manhattan condominium with 120 residential units and 30 commercial units recently asked its property manager to solve a mathematical puzzle that will soon be faced by nearly 4,000 co-op and condo boards in New York City.
A Tenant's Guide to 421-a, the City's Biggest Tax Break for Developers and Landlords
Lawmakers are about to duke it out over a little section of the tax code with a really big impact on how housing gets built and paid for in New York. It's a tax break dubbed 421-a, and if you're an apartment-dweller here, those numbers and letters may not mean much to you.
Brewing fight in Albany over controversial tax break signals an uncertain future for the housing program
A controversial tax break for developers is slated to expire this June — setting the stage for a fight in Albany over the future of a program that's been framed both as key to rental housing production in the five boroughs, and as a massive giveaway to big real estate.
Hermitage schools, city to appeal tax reassessments
The city and Hermitage School District local school district are jointly challenging three tax assessments — but officials say a county-wide reassessment may be the only long-term solution.
Tax collector resigns following criminal charges, harassment allegations
A tax collector facing an array of criminal charges and allegations of sexual harassment resigned this week after a councilperson had filed a civil protection from abuse order against him late last year.
How some blighted properties are skirting Shelby County taxes
Thousands of blighted Shelby County properties are exempted from property taxes, even though some of them should be paying. WREG found out the state isn't keeping tabs on any of the exempt properties.
The case for changing Texas' Robin Hood program
Texas school districts paid nearly $3 billion in local property taxes to the state in 2021 as part of the "Robin Hood" program. Plano ISD and Highland Park ISD ranked third and fifth, respectively.