NATIONAL
Why Homeowners Across the Country Should Prepare for Higher Property Taxes
The Ascent
Property taxes are unavoidable, and this year, yours may go up for one big reason. Right now, it's a good time to sell a home. But it's a bad time to buy one for one big reason.
What If We Taxed Churches?
Tax Foundation
“If churches paid taxes,” runs a popular claim on social media (hashtag #taxthechurches), “everyone would only have to pay 3 percent taxes.” Other claims put the forgone tax revenue...
CALIFORNIA
California Bill to Fix New Property Tax Law Goes to Governor
Bloomberg Tax
California law would clarify new tax rules for inherited property and homes purchased by disaster victims, seniors, and people with disabilities under a bill sent to Gov. Gavin Newsom (D).
Solano County reaches $7.67B property tax settlement with Genentech
Fairfield Daily Republic
The Solano County Assessor-Recorder's Office announced Wednesday it had reached a $7.67 billion negotiated settlement with the giant biotech firm in...
FLORIDA
Volusia council votes to increase property tax rates, leaving budget nearly a done deal
The Daytona Beach News-Journal
Property tax increases to fund the $1.1 billion Volusia County budget passed through the first of two public hearings Tuesday, largely by split vote.
ILLINOIS
Flummoxed by our property tax system? You're not alone.
Chicago Business
If you want a subject that drives people with even the most advanced degree into a screaming rage, take a look at Cook County's near-indecipherable structure.
INDIANA
Mounds Mall back on tax sale
The Herald Bulletin
The Mounds Mall is back on the tax sale rolls, but the owner is hopeful it will be removed before the sale on Sept. 23.
Crothersville Town Council approves $54 million abatements for Aisin Drivetrain
Seymour Tribune
A Crothersville automotive parts manufacturer has received a $54.506 million tax abatement and expects to add around 75 to 85 new employees by December 2022...
MINNESOTA
Detroit Lakes' preliminary budget pencils-in a 10.2% tax increase for 2022
Detroit Lakes Tribune
An average home in Detroit Lakes, valued at $191,000, can expect an increase of $37.07 on their 2022 property taxes compared to the previous year. The proposed ...
MISSOURI
Metro woman hit with a different kind of sticker shock while buying a new car
Fox4KC
Christy Williams likes nice cars. In fact, she was registering her latest sweet drive – a white Cadillac Luxury Coupe – when she made a shocking discovery that had her calling FOX4 Problem Solvers for help.
TEXAS
How Taylor, Williamson County are trying to win the coveted spot of Samsung's next chip plant
KXAN
A $17 billion Samsung semiconductor plant is a step closer to possibly landing in Taylor, after city and county leaders approved incentives for the tech company Wednesday evening.
Houston area home prices post double-digit gains
Houston Chronicle
Houston home buyers had more properties to choose from in August, but prices continued their double-digit gains as sales remained strong and inventories tight...
Rising North Texas Home Prices May Increase Even More Next Year
5 NBC DFW
Rising home prices and incredible competition for available properties already make it tough for North Texas buyers.
Nutrition company plans $18 million expansion in Sugar Land
Fortbendstar.com
As part of the tax abatement agreement, the company will invest about $18 million in the new facility, which will be the company's third in Sugar ...
Turner proposes slightly lower property tax rate because of revenue cap, but not happily
Houston Chronicle
The Harris County Appraisal District has not publicly released valuation data...As he has since taking office, Mayor Sylvester Turner railed against the...
Fort Bend County ranks very low among places receiving the most value for their property taxes
FBI independent
The highest rates, however, are those levied by school districts. The Houston School District rate is about 1.137%. Dallas County Property tax rates...
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