NATIONAL
U.S. states where homeowners pay the most in property taxes
CNBC
The amount Americans pay in annual property taxes varies by thousands of dollars depending on where they live, a Tax Foundation analysis reveals. In New Jersey, residents pay a median of $8,797 — the highest of all U.S. states — based on data provided to CNBC Make It. In Alabama, the median property tax bill is only $646.
CALIFORNIA
Watching the Real-Estate Bust From the Streets of San Francisco
WSJ
As it rolls toward downtown San Francisco, the California Street cable car passes the gothic Grace Cathedral and an 8-foot tall statue of Tony Bennett. Then riders start to see the city's newest landmarks. Among them is 650 California Street, a 34-story office building that has defaulted on its mortgage.
NORTH DAKOTA
Local officials say maintaining operations will be challenging if property taxes are eliminated
Jamestown Sun Local
Local government leaders say maintaining operations will be a challenge if an initiated measure to eliminate property taxes is approved. “I think property tax has been a consistent revenue source for schools,” said Rob Lech, superintendent of Jamestown Public Schools. “It would be relatively problematic to eliminate it.”
TEXAS
UCAD in hot seat with state comptroller
Uvalde Leader News
The Texas State Comptroller's Office is set to review the Uvalde County Appraisal District after the results of the 2022 property value study showed that, for the third year in a row, Nueces Canyon Consolidated Independent School District evaluations fell short. The PVS results triggered a potential funding loss for the school district and require a targeted methods and program review for UCAD.
Some Texas homeowners may need to reapply for homestead exemption
12newsnow.com
Some homeowners in Southeast Texas are starting to receive notices that they need to reapply for their homestead exemption due to a new law that went into effect in September 2023. The law, that went into effect on September 1, 2023, now requires Texas appraisal districts to put processes into place to make a “periodic review” of all homestead exemptions and check them at least once every five years.
Appraisal District hosts farewell reception for former chief appraiser
jacksonvilleprogress.com
A farewell reception for Chief Appraiser Lee Flowers was hosted at the Cherokee County Appraisal District Wednesday, Sept. 20. A gathering of appraisal district employees, board members, former board members, community leaders and others stopped in to say goodbye and wish Flowers well in the next chapter of his life. Flowers, who served the District for 31 years, will serve in the same position for the Harrison Central Appraisal District in Marshall.
WASHINGTON
Benton County residents receive a stunning notification regarding property values
Fox 11
Homeowners in Benton County opened their mailboxes and saw something that took their breath away. Benton County Assessor Bill Spencer said, “Quite simply the State of Washington requires us to be at 100 percent of market value as an assessment for property tax.” The notice Benton County residents got a card in the mail from the assessor's office saying property taxes will be going up by thousands of dollars in certain areas.
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