Property Tax News Articles & Updates

Brusniak Turner Fine Updates 6/7/2022

Posted by John Brusniak | Jun 07, 2022 | 0 Comments


Our booming population
The Lone Star State led the country in population growth last year, and North Texas drove much of that increase. The big picture: America's top 15 fastest growing cities by percentage are clustered in Texas, Arizona and Florida, with a few in Idaho and one in Tennessee.

Reducing Property Taxes With Purchase Price Allocation Agreements
Commercial Property
An acquisition of an income-producing property is often an investment in much more than land and improvements. Tangible and intangible personal property can combine with the land and buildings or improvement to produce the income stream valued by investors.


Idaho lawmaker suggests adjusting homeowner exemption to combat increasing property taxes
Property assessment notices are showing rapid increases in home values. Homeowners are now faced with inflated property tax bills as a result.


Kaegi, Steele debate effectiveness of Cook County assessor's office reforms
Daily Herald
Cook County Assessor Fritz Kaegi is touting a successful transition to greater fairness and transparency in his office during the three years since he succeeded Joe Berrios, but that very same work is being criticized as ineffective by his Democratic primary challenger Kari K. Steele.


How much will 421-a cost NYC after its expiration
The 421-a property tax exemption – which grants up to 35 years of property tax benefits to newly built multi-unit buildings – is set to expire on June 15 after the state legislature chose not to renew the program.


Amazon seeks over $22M cut from assessed value of Fargo facility
Amazon is requesting a $22.6 million reduction in assessed value for 2022 for its new distribution center in north Fargo. James Poliyanskiy, a real estate tax manager for the company...


Should Pittsburgh's tax-exempt colleges make payments to the city?
That's how much some universities voluntarily paid their home cities last year, even though they are tax-exempt. But in Pittsburgh, the major universities don't have similar agreements in place – and the city and county's fiscal watchdogs are hoping that will change.


Tax increases more than double last year
Wyoming Tribune Eagle
While the county assessor is required by law to base the tax increases on the housing market, state lawmakers could place a cap on property tax...

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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