Major Property Tax Relief Passed by the Colorado Legislature, Now It's Up to the Voters
In the waning hours of the legislative session, the Colorado General Assembly passed a bill that would ask voters to approve a 10-year property tax relief plan to combat skyrocketing home values and backfill lost revenue for local governments—not entirely a new dilemma for state lawmakers.
READY, FIRE, AIM: Our Amazing, Inflatable Property Taxes
Pagosa Daily Post
Some of my friends are complaining. Well, to tell the truth, they're usually complaining, about this or that. But this week, they are complaining about taxes. Property taxes, in particular. Apparently, the value of an average $350,000 Pagosa Springs home increased somewhat during COVID.
Homeowners Will See Higher Tax Bills as Property Values Skyrocket
Athens homeowners would see a considerable bump on their property tax bills if the commission approves Mayor Kelly Girtz's proposed fiscal 2024 budget as-is. The tax rate would remain the same at 13.1 mills ($13.10 per $1,000 of assessed value), but with the tax digest increasing by 15% due to new development and rising property values, many if not most property owners would likely see a higher tax bill this fall.
Some MI vet families got a nasty surprise at tax time. Two bills seek to fix the issue.
Some worried they would lose their homes amid confusion over a state property tax exemption meant for disabled vets and their spouses. Since the 13 HELP Team originally profiled an Upper Peninsula appeals court ruling earlier this year, several viewers have reported their exemption applications—granted in previous years—had been denied.
Mich. Religious Rec Center Not Tax-Exempt, Tribunal Rules
A Michigan recreation center that is owned and operated by a religious institution is not eligible for a property tax exemption because it failed to prove its actions were entirely charitable,...
75% tax abatement approved for former Syro Steel property in Gir
A 75% tax abatement has recently been approved for a new company planning to relocate in the former Syro Steel Building in Girard on Monday. Girard Mayor, Jim Melfi tells 21 News the property has been in the city since the 1950s, was sold to Dallas-based company. Trinity Industries in the 1980s. Melfi tells us Trinity Industries ended operations in Girard around five to six years ago.
Amazon poised to win $1 billion in tax breaks from one of Oregon's smallest counties
Officials in remote Morrow County are set to vote Wednesday on some of the largest tax breaks in Oregon history, a package of enterprise zone incentives worth more than $1 billion over 15 years designed to lure five more enormous Amazon data centers. Wednesday's vote by commissioners at the Port of Morrow didn't appear on the commission's agenda until Tuesday morning.
Home of Mayor's Lowered Appraised Property Value Raises Eyebrows
San Angelo Live
While residents countywide are shocked by the second year of massive valuation increases in their homes and business properties, some have pointed out that Mayor Brenda Gunter's home estate in Santa Rita has gone down, if only by a little. We asked Mayor Gunter if she had talked to the appraisal district. She said no.
Residents air concerns about skyrocketing assessments
According to the Commissioner of the Revenue's office, the total assessed value of real property, excluding additional assessments due to new construction or improvements to property, exceeded last year's total assessed value by over 20% when you average commercial with residential properties.