Rents come down after record spike, but trend may not last
Rents are starting to come down after spiking to record levels this past summer, but experts are uncertain if the slowdown will continue. Christopher Mayer, professor of real estate at Columbia Business School, said people looking for an apartment now might have a better experience than they did in May or June.
What does ‘dark store theory' debate mean for Kansas property taxes?
Earlier this year, the Kansas Supreme Court sent a 2019 Board of Tax Appeals (BOTA) decision back to BOTA, saying they should have reached their decision without considering the Court of Appeals in Prieb. The Supreme Court didn't determine whether BOTA's decision on the appraisal methodology is right or wrong, just that BOTA must reconsider the case without relying on Prieb.
Procter & Gamble Manufacturing Co. expansion in north St. Louis
A consumer products giant with a factory on the north St. Louis riverfront is planning a $180 million expansion, with the help of state and local subsidies. Procter & Gamble Manufacturing Co. based in Cincinnati, is proposing an expansion on its existing 17-acre campus divided between $120 million in property improvements and $60 million in new equipment, according to filings with the city of St. Louis.
Oregon tax breaks created for factories in the ‘80s now go overwhelmingly to data centers
Nearly four decades ago, Oregon lawmakers sought to help economically distressed communities across the state entice new employers with a package of short-term tax breaks. The first beneficiaries of Oregon's enterprise zone program included a plastics factory in St. Helens, a small lumber company in The Dalles, a firearms manufacturer in Myrtle Point and a boatbuilder near Roseburg.
Here's how Philly's property tax system compares with other cities
Philadelphia's latest property reassessment represents “a key moment” for Philadelphia, according to a new report from Pew Charitable Trusts, with the city's total combined property value rising to $204 billion, up from $168 billion just three years ago.
Partisan spat over police stymies Harris county property tax relief
The Real Deal
After a few political road bumps, Harris County is moving forward with a 2023 fiscal budget that features a 1 percent dip in the property tax rate. Cities across Texas have been taking various approaches to the state's property tax crisis. In Harris county, it's taken a new political form, the Houston Chronicle reports.
Texas Taxes Outpacing California
Texas has never lacked self-belief, especially when it comes to touting tax advantages it has over other states. Well, not so fast, Lone Star Staters — you could be paying higher taxes than even Californians. That's the case even though Texas does not levy a state income tax on individuals (and California does).
As property tax issue heats up, poll shows general support for amendment
West Virginians are generally favorable to a constitutional amendment to allow legislators to change property tax rates, according to a new poll. Of all poll participants, 53 percent said they are likely to vote in favor of the amendment while 36 percent said they would vote against it.