The difference between residential and commercial assessments in New York City will likely grow as the City Council adopted Mayor Bill de Blasio’s Fiscal Year 2015 budget June 25. Although de Blasio and several council members stated that the budget will not raise taxes, critics are calling that semantics, saying that although tax rates will not increase, taxpayers’ bills will. Because the overall value of city property rose 6 percent from the prior fiscal year, actual tax liability will increase, even if rates do not, notes Capital New York. Commercial properties are expected to be hit much harder than residential properties under the new budget. Read More

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The Kauai County Council will consider a trio of bills on Wednesday that finance officials say will help clean up current real property tax policies and narrow inequalities in assessing property values. Read More

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The Kauai County Council will consider a trio of bills on Wednesday that finance officials say will help clean up current real property tax policies and narrow inequalities in assessing property values. Read More

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The difference between residential and commercial assessments in New York City will likely grow as the City Council adopted Mayor Bill de Blasio’s Fiscal Year 2015 budget June 25. Although de Blasio and several council members stated that the budget will not raise taxes, critics are calling that semantics, saying that although tax rates will not increase, taxpayers’ bills will. Because the overall value of city property rose 6 percent from the prior fiscal year, actual tax liability will increase, even if rates do not, notes Capital New York. Commercial properties are expected to be hit much harder than residential properties under the new budget. Read More

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The Three Legged Monkey, the once-popular bar owned by city representative candidate Michael Armstrong, owes nearly $8,800 in property taxes, El Paso Consolidated Tax Office records show. Read More 

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Recent News

Tuesday, July 29, 2014 - 10:04pm

The Central Appraisal district -- one of the most-criticized agencies in El Paso -- has taken its share of shots for the way it values our properties. Read More

Monday, July 28, 2014 - 8:48pm

Nothing gets El Paso property owners more fired up than property valuations and the Central Appraisal District. Read More

Monday, July 28, 2014 - 8:51pm

What happens to a property tax exemption when a nonprofit sells its building to an entity that will use it for a non-exempt purpose? As of July 1, 2014, and extending through 2015, the new owner will owe property tax on the property for the next 2014-pay-2015 or 2015-pay-2016 installment, regardless of the property's exempt status at the time of acquisition. This policy reverses on January 1, 2016, and the exemption will apply to the next tax bill for assessment dates starting that year, regardless of the change in ownership. Competing legislation in Indiana's 2014 legislative session created this temporary about face. Read More

Monday, July 28, 2014 - 8:57pm

Following a 45-minute executive session with County Attorney Jim Tirey, Hale County commissioners on Monday approved Tri Global Energy’s tax abatement application on its Hale Community Energy Project. Read More