U.S. Rep. Buddy Carter settles property tax issue in Camden
U.S. Rep. Earl L. “Buddy” Carter (R-Ga.) won't be paying additional tax on a nearly 500-acre parcel of undeveloped land he bought four years ago in Camden County near the site of a planned spaceport. Ending a two-year dispute over the property's value, the Camden Board of Equalization last month agreed to freeze the land's assessed value for tax years 2020, 2021 and 2022.
Rivian critics file suit in Morgan Co
Opponents of the planned $5 billion Rivian electric vehicle factory are asking a judge to overturn the Morgan County Board of Assessor's recent approval of a rental agreement with the company, alleging the deal violates the state constitution.
They're going to tax us out of here': Idaho Falls residents react to property assessments
When Carole Pruett and her husband Tom bought their home in the Bel Aire neighborhood in Idaho Falls more than 30 years ago, it cost $15,000. In the last 10 years, she's watched her property value go up at about the same amount as that initial purchase price, until this year when her property assessment increased by $55,000.
Assessing actual Chicago real estate values is inexact science
Loop North News
Assessing true real estate values in Chicago and throughout Cook County really is an inexact science and a challenge. Cook County Assessor Fritz Kaegi readily admits his field team, which helps maintain residential characteristics on 1.2 million properties, legally cannot enter homes and so “must make educated guesses” as to interior features, improvements, and appointments.
County council rejects tax break for 300-acre site
Speculative developments are unlikely on a 300-acre site in the western part of the county after a narrow vote denied a tax break for the venture. The decision marks officials' cooling sentiments toward the surge of large buildings over the past few years, particularly those built without tenants immediately in mind that end up getting used for logistics purposes.
Detroiters say ‘NO' to more tax giveaways to gentrifier
On June 21, the Detroit City Council postponed its scheduled vote on billionaire investor Dan Gilbert's real estate company Bedrock's request for an additional $60 million tax abatement for its Hudson project in downtown Detroit. The City Council was forced to postpone the vote one week, until June 28, in the face of widespread community opposition to the measure.
Cushman & Wakefield Must Turn Over 1,000 Appraisals to NY AG Trump Probe
Cushman & Wakefield has until Monday to turn over some 1,000 of its appraisals to New York Attorney General Letitia James' investigation of the Trump Organization. The June 27 deadline to comply with James' subpoenas for the appraisals was noted in a new court filing.