Property Tax News Articles & Updates

Brusniak Turner Fine Updates 5/25/2022

Posted by John Brusniak | May 25, 2022 | 0 Comments

NATIONAL

States With The Lowest Property Taxes In 2022
Forbes
The 10 states with the lowest property taxes are an interesting mix geographically-speaking. Five out of the 10 states are located in the U.S. South region, as designated by the Census Bureau. Four out of the 10 states with the lowest property taxes are located in the U.S. Mountain division. And one state is located in the Pacific division.


Housing Bubble 2022: New-Home Sales Plunge 17%, Ease Overheating Fears
Business Insider
Sales of new homes in the US plummeted in April to the slowest rate in two years as buyers' demand collided with soaring mortgage rates and sky-high selling prices.


Amazon Aims to Sublet up to 30 Million Square Feet of Warehouse Space
Business Insider
Amazon is planning to sublet up to 30 million square feet of warehouse space or renegotiate leases, according to the Wall Street Journal and Bloomberg. It's the latest sign that over-expansion during the pandemic is now biting the e-commerce giant as economies reopen.


ILLINOIS

Fritz Kaegi Finally Fixed Cook County's Broken Property Tax System
Chicago Now
I've never been impressed with any of Illinois' politicians but Fritz Kaegi, the Cook County Assessor since 2018, is the exception to that rule. He inherited a seriously broken system from Joe Berrios and has completely turned it around.


TEXAS

Senate Finance Committee Hearing on Property Tax Relief
Reform Austin
Tasked by Lt. Gov. Dan Patrick with finding ways to give homeowners and business property owners tax relief as appraisal values skyrocket, the Senate Finance Committee heard invited and public testimony Monday on how current efforts are working and different proposals they could consider in session next spring.


Texas appraisal district may have received unauthorized access to private real estate data
KXAN
The Austin Board of Realtors says the Hays Central Appraisal District violated its terms of service by using proprietary “multiple listing service” real estate data without authorization. The board sent a cease-and-desist letter Tuesday morning to the district instructing it to stop using the information.


Montgomery County rejects appraisal district budget increase proposal
Community Impact
Montgomery County commissioners voted unanimously to reject a proposed budget increase to the Montgomery Central Appraisal District, the entity responsible for appraising property values in the county, at a May 24 commissioners court meeting.


WEST VIRGINIA

Commissioners: Property tax changes could sacrifice buses, ambulances, libraries and more
WV MetroNews
West Virginia's largest county government is responding to a legislative request to assess how changes to property taxes could affect the bottom line, and that version is a black hole of financial turmoil.

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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