Updates

Daily NAPTA Update 8.1.2022

Posted by Diane Macri | Aug 03, 2022

CALIFORNIA

Southern California home prices, sales dropped in June

Los Angeles Times
Southern California home prices and sales edged lower in June from the month before, adding to the pile of evidence that the housing slowdown is starting to pull home values lower.


COLORADO

Higher property taxes likely in future subdivisions to cover infrastructure costs

gazette.com
Metro districts have become the main tool for building new roads, sidewalks and other infrastructure needed for new neighborhoods and developments and collectively have issued $660 million in debt across town, said Carl Schueler, comprehensive planning manager.


INDIANA

State lawmakers turn away proposal to fix Southlake Mall tax refund issue

thecouriertimes.com
The General Assembly will not immediately address a tax issue poised to have a huge impact on the public services provided by several Region taxing districts, particularly the city of Hobart and the Merrillville Community School Corp.


MISSOURI

BOE approves taking properties off tax rolls

News Tribune
After consulting with the county's attorney, the Cole County Board of Equalization reversed a decision made earlier in the week on whether to abate some properties and take them off the tax rolls.


NEW JERSEY

Will Ivana help Donald Trump with tax breaks from beyond the grave?

The Guardian
When Ivana Trump, Donald Trump's first wife, was buried last month near the first hole of Trump National Golf Club in Bedminster, New Jersey, few immediately guessed that her grave's location might also serve her ex-husband's long-held tax planning purposes.


NEW YORK

Bill passed by the state legislature looks to close condo "loophole," what's next?

wgrz.com
The days of an unofficial property tax discount for certain new build condos could be numbered as Governor Hochul weighs signing legislation that would stop some full-size homes from qualifying.


TEXAS

Dallas County residents feel the pinch as property values soar

The Dallas Morning News
Connie Ramirez feels regret. She sold her godparents' home in Trinity Groves earlier this year, and she wishes she didn't have to. The home was valued at less than $80,000 when she inherited it in 2013. Ramirez sold it this year for $174,000. During that time, property taxes increased from around $650 to $7,000, she said.


Values jump by 28 percent

Wise County Messenger
Wise County added a record $378 million in new construction to the tax rolls. The record amount pushed the overall value for all properties in the county to $11.5 billion, according to the certified property values released this week by the Wise County Central Appraisal District. Overall, the county's tax roll grew by 28.47 percent.


Property appraisals see sharp increase in McLennan County

wacotrib.com
New certified property rolls from the McLennan County Appraisal District show something most owners are already well aware of: a stark increase in property values throughout McLennan County.

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