Niagara Falls hotels group worried about property tax hike
Niagara Falls city staff and council say a 7.4 per cent tax increase is necessary to maintain services and address financial pressures, but the local hotel industry says it cannot absorb a significant hike as it slowly recovers from the COVID-19 pandemic.
Victoria council to consider 9% increase in property taxes
Property taxes in the city could go up by nearly nine per cent this year. City staff have recommended an 8.99 per cent increase in taxes to maintain the city's level of services. The recommended increase is driven largely by inflation, salaries and supply chain issues.
New Report Looks at Why Florida Voters Are Approving Proposed Tax Increases
This report builds on FTW's February 2021 analysis, “A Decade of Self-Taxing,” which found that Floridians increased their own taxes 142 times since 2010. The new report focuses on voting patterns in the 2021 and 2022 elections, including voters' propensity for authorizing county-wide sales and property tax increases, and more.
Office vacancies halting growth in downtown property values
The amount of vacant office space in Des Moines' central business district has more than doubled in the past four years, adversely affecting the value of office property in downtown. In 2022's fourth quarter, 17.9%, or 1.16 million square feet, of the downtown area's more than 6.5 million square feet of office space was vacant, CBRE's market report shows.
Ventnor denies tax exemptions for Hansen Houses
The commissioners did not provide any comments about rejecting a proposed settlement agreement after years of litigation in NJ Tax Court. Information requested in an OPRA request filed by Downbeach.com was not provided due to “ongoing litigation.”
MCAD: Weather causes closure, change to property tax deadline
The closure, according to MCAD officials, means the deadline to pay property tax will be extended to Feb. 2, 2023 (Thursday). "The normal deadline to pay property tax in Texas is on or before...
Why are property taxes so high in Texas?
Homeowners in Texas pay some of the nation's highest property taxes. And state lawmakers know it. Now that they're back in session, they've vowed to address the issue, in part, by spending $15 billion to provide property tax relief. But, how did we get to this point?
Harrison County Central Appraisal District names Alexander as new chief appraiser
Longtime Harrison County resident and local appraiser Mark Alexander has been promoted as the new chief appraiser for the Harrison Central Appraisal District following the retirement of Robert Lisman.
Exxon skyscraper becoming apartment complex
Texas Real Estate Research Center
ExxonMobil Oil's former headquarters, a 45-story skyscraper at 800 Bell St., is becoming a residential project. Built in 1962, the 1.2 million-sf downtown tower has been vacant for nearly eight years. ExxonMobil had moved its operations to Spring in 2015. The 606-ft tower and its nearby parking garage was sold by Shorenstein Properties at the end of 2022.
Montpelier Budget Brings 7.6% Property Tax Increase if Voters Approve it in March
The Montpelier Bridge
It took two meetings last week for Montpelier's City Council to approve a $11,495,881 FY24 city budget and finalize the warning for the March 7, 2023 ballot. Confusion over public information regarding meeting dates, motions, and corrections of documents slowed the process.
Senators spar over property tax relief
After property taxes soared for many Wyoming residents in 2022, lawmakers took aim at the issue, filling more than 20 bills this session intended to ease the burden for homeowners. Lawmakers have rejected only one of those proposals so far, but roughly half are at risk of dying this week with a critical deadline looming.