Local tax requests from school districts often highlight inequities, as some districts — those with lots of property wealth or tax-friendly voters — often pass tax requests easily, while others have to try repeatedly to get a modest increase. The success or failure of a tax request can reflect a community's trust in district leaders or their economic concerns.
Landlord Grand Slam Brooklyn sued the New York City Department of Housing Preservation and Development (HPD) and the New York City Department of Finance for allegedly revoking its lucrative 421a tax benefit at 276 Grand Street without proper warning, according to a lawsuit filed Friday in New York County Supreme Court.
Higher home values could lead to higher property taxes — depending on whom voters elect to local offices this November. What's happening: Government assessors are reappraising more than 400,000 parcels across Mecklenburg County. The revaluation process is supposed to ensure landowners are taxed their “fair share” — or no more or less than the true market value of their property.