A suit over whether a nonprofit was properly denied a charitable use exemption from property taxes belongs in state court, a federal court in New York has ruled. The Tax Injunction Act bars the US District Court for the Southern District of New York from considering the Global Leadership Foundation's suit against New York City...
A Streetsboro manufacturer has received a tax abatement to expand its operations in the city. Aurora Plastics, located in the Interstate Commerce Industrial Park at 9280 Jefferson Street, will be expanding its facility, creating between 18 and 28 new jobs. Currently, 68 people work at the plant.
Oklahoma City Republicans Reps. Max Wolfley, Eric Roberts and Robert Manger sponsored House Joint Resolution 1047 in the Legislature. The measure passed the House but failed in the Senate. An "unknown" decrease in the state's ad valorem revenue would have occurred if the bill had passed, according to the summary.
The Austin Bulldog
Austin City Manager Spencer Cronk proposed a budget Friday that sets a property tax rate at the maximum limit allowable under state law without triggering a tax election. “I'm very well aware that financial pressures are front and center on the minds of many Austinites,” citing rising costs of housing, food, and gasoline.
Lt. Governor Dan Patrick released a handful of suggested property tax relief items after the Texas Comptroller released an updated state tax revenue report, showing a projected $27 billion balance in the state treasury for the next biennium.
Nearly 90 Utah cities, school districts, water districts and service districts are proposing a hike in property taxes this year. Normally, that number is around 60, said Rusty Cannon, the president of the Utah Taxpayers Association.