Bed Bath & Beyond is closing 150 stores. Here's a list of 56 locations shutting down
Last month, the home goods retailer announced a strategic and business update as sales continue to trend lower, which includes focusing more on national brands and push its new customer loyalty program to help bring in more customers.
WATCH: Property tax panel denies dispensary's appeal
The Garland County Board of Equalization denied Green Springs Medical's property tax appeal Thursday, upholding the valuation the county's contract appraisal service set for the only licensed medical marijuana dispensary inside the city of Hot Springs.
Stanford wants 'educational' tax exemption for faculty homes
Stanford University is seeking to reduce its tax burden on two faculty houses by claiming they are used for educational purposes. If successful, additional exemptions the university might seek could result in millions of dollars of lost revenue for local schools and governments, particularly the Palo Alto Unified School District.
Metro Atlanta city cuts tax rate to lowest in 35 years
Neighbors in Roswell will notice the city's lowest property tax rate in 35 years. Roswell City Council approved a property tax rate for fiscal year 2023 of 4.463 mills, according to a news release. The rate is 5.4% lower than last year's rate.
Cook County tax employee pleads guilty to accepting bribes
The details of a bribery case that came to light more than a year ago and spurred a costly internal investigation have finally been made public: Danilo Barjaktarevic, a deputy at the Cook County Board of Review, pleaded guilty Friday to a bribery charge and faces up to 2½ years in prison.
Property tax coalition, Detroit officials spar over city assessments
A coalition of Detroit homeowners and advocates insists that the city continues to systematically over-assess and over-tax some homes—a claim Mayor Mike Duggan's administration vigorously denies.
Ingram Micro wins tax breaks from Amherst IDA
Ingram Micro won approval Friday for $2.62 million in tax breaks from the Amherst Industrial Development Agency for a $13.6 million investment in a pair of Amherst facilities that might otherwise have gone to Miami.
Butler County property taxes likely jumping for some now that the auditor lost his appeal
Butler County Auditor Roger Reynolds has lost his appeal over the state's insistence he increase property values to 20% for more than half the county's population, which could result in large tax increases for some.
Oregon political leaders want to revisit huge data center tax breaks
Some of Oregon's leading political figures want to revisit the state's lucrative tax breaks for data centers, seeking to ensure small communities get the most out of their deals with wealthy tech companies. None are suggesting doing away with the incentives altogether, and there's broad agreement that local governments should retain a key role in negotiating the tax deals.
No Tax 4 Nash group reaches $1M settlement in class action lawsuit
An anti-tax group that targeted Nashville Mayor John Cooper and Metro Council members for recall will pay more than $1 million as part of a legal settlement after it used pre-recorded robocalls to contact Nashville voters in July 2020.
Texas lawmakers condemn school districts with rising property tax rates
Texas lawmakers have condemned half a dozen school districts that plan to hold property tax rate elections in November as a means to curb budget shortages. State Sen. Paul Bettencourt, R-Houston, said he was particularly upset that several school boards voted to take this route, one that he said will not lower any property taxes.
Denton has granted Chapter 380 tax incentives to a dozen-plus businesses. But are residents benefiting?
Thirteen years have passed since the city of Denton first used taxpayer money to help develop Unicorn Lake, a master-planned, 134-acre, mixed-use development, on the south side of the city.
Essay: Texas set up rural schools for financial ruin. Here's how to save them.
It gives me no satisfaction to predict that within the next two to four years, upwards of 10 to 20 percent of our smaller districts, including Fort Davis, will be facing financial ruin. Some may…
Council approves double-digit cut in 22-23 tax rate
Glen Rose Reporter
The Glen Rose City Council unanimously approved the fiscal year 2022-23 ad valorem tax rate Tuesday night, and it is a 15% decrease from last year. The council adopted tax rate of $0.306298 per $100 evaluation, decreasing from $0.359597 in fiscal year 2021-22.
Lawmakers back bill to cut property assessments by up to $50,000
Homeowners could see their property taxes fall as early as next year after a panel of lawmakers voted to sponsor a bill that'd make up to $50,000 of a home's value non-taxable. The bill is one of more than a dozen proposals for property tax relief brought before Joint Revenue Committee members in a virtual meeting earlier this month.
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