When it comes to paying your taxes, you might think you're stuck with the bill you're handed. But did you know that hiring a property tax lawyer could save you money? It may seem counterintuitive-spending to save with their expert guidance in navigating the complex world of property taxes, you could save more than you ever imagined.
If government in Arizona wants to raise taxes, it must hold an election to get voters' approval. Yet for the third year in a row, the Yuma County Hospital District is trying to illegally sneak a new tax onto resident's property tax bills—and the Goldwater Institute is suing to stop it. The Yuma County Hospital District is a governmental body charged with certain oversight duties for the Yuma Regional Medical Center, including raising taxes for the facility.
The Real Deal
A sky-high property tax valuation sucked the air out of excitement surrounding the Thompson Center's new look. Cook County Assessor Fritz Kaegi appraised the iconic building in downtown Chicago at almost $223 million for the 2023 tax year, more than double the $105 million it sold for last year. Mike Reschke, who purchased the building with fellow developer Quintin Primo, with plans to renovate it for Google, was critical of the valuation.
Detroit Lakes Tribune
The Detroit Lakes City Council held steadfast to the preliminary property tax increase set in September, and approved an 11.22% increase for 2024 in a 7-2 vote. The increase is projected to bring an additional $812,713 to city coffers. During the monthly council meeting on Tuesday, Dec. 12, Aldermen Aaron Dallmann and Jaimie Deraney opposed the motion.
Berks Regional News
At Thursday night's on-the-road Berks County commissioners meeting, Chief Financial Officer Robert Patrizio presented the 2024 Berks County budget that calls for a real estate tax increase. The budget and tax increase passed by unanimous vote. The budget raises taxes from 7.657 mills to 8.345 mills, or 8.99%. It is the first tax increase in six years.
Spartanburg County adjusted its millage rate lower in response to this year's property reassessment, but most taxing entities, including school districts, did not. The result is surprisingly high tax bills for many county residents. Michael Coggins said he was "shocked" when he opened his tax notice. "It went up over two hundred dollars," the retired electrical engineer who lives in Spartanburg County's east side said.
New board members, an IT security breach and chief appraiser interviews are some of the topics related to the embattled Tarrant Appraisal District that have been discussed on social media in the past few days. Judge Tim O'Hare announced that the Tarrant Appraisal District board of directors election was “mathematically over,” listing names of new members expected to start serving in 2024.