Alaska Senate advances bill allowing municipalities to fully exempt property taxes on new buildings, impose tax on ‘blighted' properties
The Alaska Senate advanced legislation Tuesday that would allow municipal governments to levy taxes on “blighted” buildings and fully exempt property taxes for new development in an effort to address the state's housing crisis.
Malls are dying. How can cities like Charlotte and Raleigh repurpose them?
The department stores. The familiar aroma of soft pretzels. Santas and decorations — hung way too early! — at Christmastime. The enclosed shopping mall was once a pillar of the suburban experience; now, they almost feel like remnants of a bygone era. As years have gone by, malls have slowly become languishing public spaces.
‘Backed into a corner:' Lubbock landlord battles keeping rental rates fair as property appraisals rise
A Lubbock landlord is protesting all of his property appraisals, after he says back-to-back increases could force him to raise rates for renters or sell his properties. Appraisals are up by double-digits for two years in a row for the first time in decades, according to the Lubbock Central Appraisal District (LCAD).
Group Sues Ohio County Commission Over Mineral Rights Assessments
A group of Northern Panhandle residents have filed a lawsuit in Circuit Court, appealing a ruling from the Ohio County Commission – in its capacity as the Board of Review and Equalization – over their mineral rights assessments. According to the suit, their respective mineral interests were assessed according to the West Virginia Tax Division and they believe their minerals were assessed incorrectly.