SurfWax News Index  |  Track News  |  Save/Exchange Information |  About Us

    News and Articles on Property Tax

    Archives: Property Tax

    Presbyterian on the move  Nov 22, 2009
    25-mill property tax for health services ... University of New Mexico Sandoval Regional Medical Center will also receive money from the property tax levy to fund special services. (Rio Rancho Observer, NM)

    Parker discusses economy, other issues in meeting (32)  Nov 22, 2009
    If you are a large-scale manufacturing entity and want to relocate to Texas, I want to see to it that Texas re-invests a portion of the additonal sales tax revenue your presence brings into workforce development training to help meet your employment needs," Parker said.Parker said another effort he will fight for is incentivizing landowners to use their property for economic development by stopping the penalties that are handed out for developing a property that had previously been designated... (McKinney Courier-Gazette, TX)

    City lagging in revenue collections for first quarter  Nov 22, 2009
    However, the city collected more than it anticipated in property tax and other revenues ... For the first quarter, property tax revenue exceeded estimates by 46 percent. (Rio Rancho Observer, NM)

    Should wind be taxed?  Nov 22, 2009
    Wyoming wind farms pay property tax, and when an exemption sunsets at the end of 2011, wind developers will begin paying 6 percent sales tax on equipment. Our goal for 2010 is basically status quo: Lets just keep things the way they are, and lets study the issue and make sure we get it right, Riley said. (Gillette News-Record, WY)

    Misleading sure, on purpose, no  Nov 22, 2009
    When the latest round of property tax bills went out to Sandoval County residents, some expressed some sticker shock ... And if that wasn t confusing enough, even though proponents of the levy s passage were saying the money would be for operation costs, an advertisement in that same Election Guide, paid for by Building Hospitals For Sandoval County Committee, read, Through a moderate property tax increase, equating to just 4. (Rio Rancho Observer, NM)

    - Time to tighten belts now 0  Nov 22, 2009
    With sales tax revenue down and property tax revenue down and the state taking a chunk of money because of its own massive financial woes, El Centro is facing a budget shortfall. And it s not a pretty number, totaling about 789,000. (El Centro Imperial Valley Press, CA)

    Wyoming briefs  Nov 22, 2009
    Department of Revenue Administrator Marvin Applequist said homeowners want to see the home sales information used for property tax assessments to make sure they're being treated fairly. Laramie County Assessor Brenda Arnold said under the current system, taxpayers who wish to see the sales data in their neighborhoods used for their appraisals may do so during a 30-day period to appeal their assessments. (Casper Star-Tribune, WY)

    Teachers oppose 'cuts'  Nov 22, 2009
    When the young men and women can graduate, go to college and return to their communities, get family wage jobs, buy homes and pay property tax then there will be money there to give raises and such. Cause and Effect. (Coos Bay-North Bend The World, OR)

    Wasilla gets earful on annexation  Nov 22, 2009
    Yoder admitted residents of the city do pay sales tax on their utilities, but they pay less property tax because they are not in a road service area. Also, insurance rates have been known to go down inside city limits because the Wasilla Police Department makes active patrols and community policing as opposed to reactive responses from Alaska State Troopers. (Wasilla Frontiersman, AK)

    Verizon Wireless opens new Kona store  Nov 22, 2009
    Claim forms are available at and at the Real Property Tax office in the Kapule Building at the Lhu'e Civic Center ... For more information, call the Real Property Tax office at 808-241-4224. (Honolulu Advertiser)

    Population growth adds funds to Twin Cities  Nov 22, 2009
    Thats a significant amount considering the council is looking at a property tax increase to help cover mandated pension costs while still maintaining a healthy general fund reserve, Fruin said. Russells office estimates the 2010 Census could bring Bloomingtons population to 82,645 an increase of about 7,670. (The Pantagraph newspaper)

    Marmaduke tax increase for sewer  Nov 21, 2009
    Mayor says property tax increase passed to shore-up budget ... Marmaduke councilmen raised the city real and property tax rate from two to three mills Nov. 9. (Paragould Daily Press, AR)

    $20M hotel, convention center plans near fruition  Nov 21, 2009
    The TIF area has more acreage for development for the next decade with TIF revenues from property tax increments the tax receipts based on the added value of the property after development to motel-hotel taxes helping with developing the infrastructure in that area. The more business they generate and the more development they create, the better their incentive, said Owen. (Mattoon Journal-Gazette, IL)

    Council battles tough budget  Nov 21, 2009
    While a property tax increase is all but certain, borough staff are not recommending rate hikes for either water or sewer, citing both the poor economy and the burden of the property tax increase. The borough budget includes not only the general fund, but separate funds for water, sewer, parking and solid waste services. (Carlisle Sentinel, PA)

    North Callaway school board hears audit review  Nov 21, 2009
    "Property tax assessments were flat or down, and sales taxes were also down statewide -- I'm not surprised to see deficit spending."Your debt service balance still is an acceptable balance," McGinnis continued. "It's very good in comparison to most of your sister districts in the area. From operating and debt your standpoint is very strong. (Fulton Sun, MO)

    Galt plans to help residents with energy-efficient projects  Nov 21, 2009
    The California First program will allow residents to finance expensive green energy and solar projects, and then repay the financing over 20 years through their property tax bills ... He said residents can start making the payments, and there won't be much difference in their property tax bill when compared with past year's. (Lodi News Sentinel, CA)

    Former councilwoman announces candidacy for District 66 seat in State Legislature  Nov 21, 2009
    She cast one of the three votes against the property tax increase in September. There are a lot of things that affect our city and school that happen in Austin, she said. (McKinney Courier-Gazette, TX)

    Loan will go toward renewing Wapello  Nov 21, 2009
    Revenue to repay the loan will come from a property tax through the city s Debt Service Fund. Future incremental property tax revenue from property within the renewal area is expected to decrease the actual amount raised through the debt service fund. (Muscatine Journal, IO)

    Do you pay property taxes in Watertown? Your actual bill won't come till March  Nov 21, 2009
    Do you pay property taxes in Watertown ... Do you pay property taxes in Watertown ... Homeowners won t receive property tax bills reflecting their readjusted property values until the fourth quarter this year, as the assessor s office works to complete property assessments. (Watertown TAB & Press, MA)

    N.J. Governor-Elect: Expect No Fiscal Miracles  Nov 21, 2009
    He campaigned on a promise of delivering property tax relief and cutting government spending ... He identified three problems that "won't wait" for action: instilling financial responsibility, providing property tax relief and reforming urban education. (Newsmax)

    Students deserve a quality education  Nov 21, 2009
    As part of the shift, money for school funding was moved from the relatively stable property tax to the less stable sales and income tax sources. As a result, school funding in Michigan is in dire straits with no light at the end of the tunnel. (Shelby Twp Advisor & Source, MI)

    Options: new tax, consolidate, cut services  Nov 21, 2009
    Published: Friday, November 20, 2009 7:33 AM CST Mayor Dennis Whitesell, Hartford City, wants to know how the community wants him and the city council to deal with revenue shortfalls that are resulting from the circuit breaker property tax caps ... It is an income tax, but it truly creates a tax credit, it is a relief on property taxes, he said ... So it is a tax but you will receive the benefit of reducing property taxes. (Hartford City News-Times, IN)

    24 South St. Notebook  Nov 21, 2009
    Tuesday, June 30, 2009 1:50 PM EDT. The address for Auburn's Memorial City Hall on South Street is familiar to many follower's of the city's government and its political scene. (Auburn Citizen, NY)

    Franklin: Later 'last call' bad idea  Nov 21, 2009
    "Regardless of how people feel about last call, most Atlantans who are not politicians seem genuinely engaged by the larger issues this study would explore: revenue generation that is not property tax driven, public safety and both quality of life and quality of nightlife," he said ... Hall voted against property tax increases in 2008 and 2009 that Franklin said were necessary to fund proper public safety. (Atlanta Journal-Constitution -- Metro)

    Library board hears presentation on future renovations, additions  Nov 21, 2009
    The fund comes from property tax allocations for public libraries. This presentation, by Woollen, Molzan and Partners, Inc. of Indianapolis, is the second of three from various firms the board will review before deciding which one will be hired to make approximately $79,000 to $80,000 worth of renovations. (Hartford City News-Times, IN)

    Military honorees are the best of America  Nov 20, 2009
    Norwood voted against a property tax increase. If public employees are able to elect their bosses, no politician will vote against giving them what they want, which explains in part why Atlanta is in such long-term financial trouble. (Atlanta Journal-Constitution -- Opinion)

    Concord selectmen, assessors talk open space  Nov 20, 2009
    Selectmen voted unanimously Monday night to keep a uniform property tax rate for residents and businesses, but not before a lively discussion over whether to implement an open space discount ... As it stands, no properties in town are classified as open space for property tax purposes ... According to the Board of Assessors report, valuing a parcel as excess land results in a more favorable property tax for the owner, rather than assessing it as buildable per the land curve and then applying an... (Concord Journal, MA)

    11 ask for Community Preservation funds  Nov 20, 2009
    2 million from annual property tax surcharge collections and state match funds available to split among them ... 5 percent surcharge on property taxes through votes at 2004 annual Town Meeting and subsequently at the polls. (Concord Journal, MA)

    Steep Revenue Drops Worry Mayors...  Nov 20, 2009
    That's because the lion's share of their receipts -- sales, income and property taxes -- are connected to the job market and real-estate prices ... Philadelphia, for instance, has temporarily increased its sales tax while Mesa has levied a property tax for the first time. (The Drudge Report)

    Kittitas County budget gap widens to $3.7M  Nov 20, 2009
    Another option is a one-time shift of 1 million in property taxes collected through a county road levy ... Crankovich said there was discussion about raising the county s general fund property tax levy, something commissioners haven t done for the past 10 years ... He said it was the intent of the commissioners to not raise the property tax levy rate by the allowed 1 percent, nor would they seek to raise it according to banked capacity that would allow more than a 1 percent raise. (Ellensburg Daily Record, WA)

    Melrose aldermen approve new tax rates: average residential tax bill will increase by $165  Nov 20, 2009
    Melrose s average single-family home property tax bill will increase by $165 next year and the average commercial property tax bill will increase by $330 after the Melrose Board of Aldermen approved next year s rates Monday night ... In determining how to alleviate residential property taxes, the aldermen must follow a formula set by the state, referred to as shift, which is expressed as a factor that is based, in part, on the city s proportion of commercial property to residential property ...... (Melrose Free Press, MA)

    Plano Councilwoman Jackson resigns Place 3 seat, announces candidacy for State Representative  Nov 20, 2009
    She cast one of the three votes against the property tax increase in September. Harry LaRosiliere, Mayor Pro Tem, said that he and the council have known of Jacksons long-term ambitions to eventually shift her focus from city politics into state politics, but didnt realize it would be this soon. (McKinney Courier-Gazette, TX)

    Expert: 46% tax increase rare  Nov 20, 2009
    Those are the words one local government expert used when he heard the town of New Hartford had approved a 46 percent property tax increase. Gerald Benjamin of SUNY New Paltz said other towns in the state also were facing fiscal problems because of the economic downturn, but they were able to tide themselves through with their reserve funds. (Utica NY Obserer, NY)

    MN property tax levies up 3.5% in 2010  Nov 20, 2009
    MN property tax levies up 3 ... MN property tax levies up 3 ... 5 percent increase in their property tax rates if proposed tax levies are adopted later this year, according to the. (Twin Cities Business Journal, MN)

    Voters to decide future of Pontiac grade school district's finances  Nov 20, 2009
    Livingston County is under the Property Tax Extension Limitation Law, which limits the growth of a taxing bodys levy the total amount it seeks in property taxes to 5 percent or the rate of inflation as defined by the Consumer Price Index, whichever is less. The latest figure for CPI growth was 0. (The Pantagraph newspaper)

    SEARK MARKS 50TH ANNIVERSARY  Nov 20, 2009
    Only five, including SEARK, do not receive funding from local property tax or sales tax. SEARK s anniversary celebration included campus tours on Thursday, followed by a reception in the school s Technology Center. (Pine Bluff Commercial, AR)

    Tuition tax foes line up support  Nov 20, 2009
    Out of 65,000 students at the city's 10 colleges and universities, an estimated 47,800 are city residents, she said, and thus directly or indirectly pay city property taxes ... She said the schools estimate they pay $20 million in amusement and parking taxes, property taxes on non-educational buildings and leased space, permits and water bills ... Mr. Ravenstahl said he can hold off on drastic cuts to city services, or property tax hikes, for one year while the tuition tax wends its way through... (Pittsburgh Post-Gazette, PA)

    Cynthia Long will seek re-election to a second term as county commissioner Pct Two  Nov 20, 2009
    A strong fiscal conservative, Commissioner Long cites a property tax rate that is lower now than when she took office. While holding the line on taxes, she is leading the County effort to eliminate an unfair business tax, making Williamson County more attractive to new manufacturing business and retaining the ones that are here. (Cedar Park Hill Country News Weekender, TX)

    Should wind be taxed?  Nov 20, 2009
    Wyoming wind farms pay property tax, and when an exemption sunsets at the end of 2011, wind developers will begin paying 6 percent sales tax on equipment. Our goal for 2010 is basically status quo: Lets just keep things the way they are, and lets study the issue and make sure we get it right, Riley said. (Gillette News-Record, WY)

    Council trims back tax increase  Nov 20, 2009
    Carlisle residents can still expect a property tax increase next year, but not as sharp as originally proposed ... For borough residents, this means property taxes would increase by. (Carlisle Sentinel, PA)

    Blue Jackets' public option?  Nov 20, 2009
    Those obligations include debt service for construction of Paul Brown Stadium and Great American Ballpark, lease obligations to the two professional sports franchises, payments to Cincinnati Public Schools and an annual property tax rollback that was a compromise for voters to approve the sales tax hike. Hamilton County officials are looking for ways to address the funding deficit, including seeking concessions from the Bengals, Reds and schools. (Columbus Business First, OH)

    SCC leaders addressing budget crisis  Nov 20, 2009
    6 million, depends on sales and property taxes ... Property tax revenue is now flowing into the treasurers office. (Nogales International, AZ)

    OUR VIEW: For some, county pay raise looks good  Nov 20, 2009
    Because the county is under the Property Tax Extension Limitation Law, property tax revenue can only increase by last year s rate of inflation, which was 1/10th of 1 percent ... When property taxes are expected to increase 1/10th of a percent and sales tax revenue is expected to be less than the current year, difficult is an appropriate term. (Mattoon Journal-Gazette, IL)

    School board approves CHS restructuring plan  Nov 20, 2009
    n Adopted the school district s annual property tax levy which district financial consultant David Kuetemeyer said will likely result in a 177,000 revenue increase next year. - Approved Hutchins retirement following the 2013-2014 school year. (Mattoon Journal-Gazette, IL)

    Should wind be taxed?  Nov 19, 2009
    Wyoming wind farms pay property tax, and when an exemption sunsets at the end of 2011, wind developers will begin paying 6 percent sales tax on equipment. Our goal for 2010 is basically status quo: Lets just keep things the way they are, and lets study the issue and make sure we get it right, Riley said. (Gillette News-Record, WY)

    Johnston to head state golf industry group  Nov 19, 2009
    The GIA is the state s lobbying arm of the industry here and defines policy for the sector, including sales and property tax regulations, the formation of management plans by the , and other regulations promulgated by the. Most Read Stories. (Phoenix Business Journal, AZ)

    County budget is flat for 2010  Nov 19, 2009
    Horton projected that general revenue from the state will be about $12,000 lower in 2010 than in 2009, and he also projects a decrease in property tax from $1,075,000 to $1,025,000. Both of those are a direct reflection of the economy, Horton said. (DeWitt Era-Enterprise, AR)

    Board adds repair funding  Nov 19, 2009
    Earlier this year, commissioners agreed to raise the property tax rate by 15 cents, though the county is still projected to spend about 2. 2 million more than it collects in revenue. (Columbia Daily Herald, TN)

    County signs firm to work on collections  Nov 19, 2009
    Officials voted in favor of MVBA, which has been handling the county s property tax collection for at least 10 years. According to the agreement discussed during commissioners court, the law firm would receive 10 percent of the fines and fees collected from unadjudicated offenses that occurred prior to June 19,2003 on cases in which the data files are transmitted to MVBA by electronic media. (Cameron Herald, TX)

    Sales tax meetings are postponed  Nov 19, 2009
    The park district's plan also is to eliminate part or all of its property tax levy if the sales tax is approved. Park board President Larry Grondahl suggested the committee meet with city officials to establish the appropriate timelines to go before the Williston City Commission to formally request the tax proposal. (Williston Daily Herald, ND)

    46% tax increase OKd in New Hartford  Nov 19, 2009
    New Hartford taxpayers will see a 46 percent property tax hike next year after the Town Board approved a nearly $15 million budget Wednesday night ... Under the newly approved budget, most town residents will see their property taxes go from $2. (Utica NY Obserer, NY)

    IRAS to raise Annual Values of HDB flats  Nov 19, 2009
    " onclick="Next();" src="/images/butt_next (Channelnewsasia.com)

    Herkimer Co. budget created with new jail in mind  Nov 19, 2009
    The property tax rate in the proposed 2010 budget varies by town, but the average rate will be $4 ... That translates into an average $395 property tax bill for a resident with an $80,000 home. (Utica NY Obserer, NY)

    Jefferson confronting pressing need for capital expenditures  Nov 19, 2009
    When all was said and done, the council approved a 2009 general fund property tax levy for municipal services in 2010 in the amount of 2,693,270 ... Freitag said the 2009 proposed property tax is proposed to remain, for the most part, unchanged from 2008 ... He said unused property tax levy can be carried forward to this year in the amount of more than 300,000. (Watertown Daily Times, WI)

    - El Centro city budget down more than $750,000, expenditures to be cut 0  Nov 19, 2009
    El Centro will be adjusting its expenditures to help with a loss of some sales and property tax revenues, said city finance director Leticia Salcido. The city will receive 213,691 less from property taxes and 575,806 less from sales taxes, she said. (El Centro Imperial Valley Press, CA)

    24 South St. Notebook  Nov 19, 2009
    Tuesday, June 30, 2009 1:50 PM EDT. The address for Auburn's Memorial City Hall on South Street is familiar to many follower's of the city's government and its political scene. (Auburn Citizen, NY)

    Are the U.S. and Europe Really That Different?  Nov 19, 2009
    We rely on income and property tax for revenue, and our corporate tax is higher than that of most European nations. And yet our system is very progressive. (Time.com)

    Borough tax increase proposed for Carlisle  Nov 19, 2009
    Property taxes could go up by 18 ... Under state law, municipalities are allowed to realize a maximum increase in property tax revenues of 5 percent in the year following the reassessment, Hietsch explained. (Carlisle Sentinel, PA)

    Madison workers' holiday pay to get cut by half  Nov 19, 2009
    But that was when they were counting on a 95 percent property tax collection rate. The tentative 2010 budget now expects the country to collect 97 percent, a rate the county has met in years past, commissioners said. (Athens Banner-Herald)

    Mayoral veto will reduce tax levy  Nov 19, 2009
    The substitute amendment will reduce the 2010 property tax levy by $675,000. This is a budget of shared sacrifice, Barrett said. (Milwaukee Business Journal, WI)

    School district's elimination of dual language classes upsets some  Nov 19, 2009
    teacher wrote on Nov 19, 2009 12:20 AM:" Some of my top students speak Spanish at home. They come to school and learn English - usually doing well by the end of their first year. If they were taught in Spanish and English, I wonder if they would be less motivated to learn English? My response to those that keep saying they are illegal and we shouldn't help them - you're so out of touch with reality. The kids are not choosing to come to America. Their parents are here so that they can support... (Longview Daily News, WA)

    Does Oregon exploit problem gamblers to finance state services?  Nov 19, 2009
    Who cares wrote on Nov 18, 2009 8:50 PM:" Whpo cares, really? The state pulls from alcohol and tobacco sales too. They are choices. Sadly, you income, you have no choice about. Your property tax, you have no choice over. Things the average, productive citizen has or hopes to have, they are taxed beyond need for, to cover for people who, on a large scale, are lazy deadbeats with no ambition. If people have the cash to blow on video poker, let em. As for the state being dirty about it, this is the... (Klamath Falls Herald & News, OR)

    Letters to the editor (11/19/09)  Nov 19, 2009
    I would like to respond to Roger Manka's letter stating that only homeowners pay the property tax ... Property taxes are high, and as renter I fully understand. (Anchorage Daily News)

    County contracts with attorney to speed caseload  Nov 19, 2009
    approved a request from Craig Morgan, who represents the county s property tax collection attorney, to allow the lowering of the minimum bid for several properties that have not previously received the minimum bids to clear all liens. appointed Mary Helen Ortega as temporary election judge for Pct. (Thorndale Champion, TX)

    Blinn tuition set to rise next year  Nov 19, 2009
    The rationale for this, he said, is because in-district students, or their parents, pay property taxes to Blinn ... 3 million per year in property taxes, as opposed to community colleges in the Houston area and Austin that bring in 50 million to 80 million per year, they are far more reliant on tuition and state money to keep the college running, and with it shaping up to be a difficult legislative session next time around, that only leaves one revenue source to tap ... President Daniel Holt... (Brenham Banner, TX)

    McLean Co. property owners could see tax increases despite smaller budget  Nov 18, 2009
    She spoke during a truth-in-taxation hearing prior to the boards vote on the property tax levies, which is the total amount of money the county will seek to collect in property taxes. Im a recent widow and I am just about taxed out of my house, said Barnhill, who added that she recently retired and is on a fixed income. (The Pantagraph newspaper)

    Oversight board rejects Ravenstahl's budget  Nov 18, 2009
    "His only other options are serious service cuts, a property tax increase, or an income tax increase.". Ravenstahl told the ICA Tuesday morning that, "doing nothing is not an option and will only put us on track to go right back to where we were in 2004.". (Pittsburgh Business Times, PA)

    Board rejects Pa. budget proposal that taxes college tuition  Nov 18, 2009
    Ravenstahl said he may ask city council to pass the tax anyway while also considering service cuts or a property tax increase to fill the $15 million budget gap. The oversight authority was created in 2004 after Pittsburgh was declared financially distressed in December 2003. (Carlisle Sentinel, PA)

    •Center Grove to build support for tax  Nov 18, 2009
    To keep from having to make cuts, school officials plan to ask the public to support a property tax increase. School officials could have a special election as early as May to let the public decide whether the school district should collect additional property tax dollars for its general fund, used to pay operating costs such as salaries, insurance and utility bills. (The Daily Journal)

    24 South St. Notebook  Nov 18, 2009
    Tuesday, June 30, 2009 1:50 PM EDT. The address for Auburn's Memorial City Hall on South Street is familiar to many follower's of the city's government and its political scene. (Auburn Citizen, NY)

    Voters must take charge of financial destiny  Nov 18, 2009
    At the Nov. 9 Bloomington City Council meeting, the city manager proposed a property tax increase. Alderman James Fruin moved to raise the property tax levy an estimated 8 ... Voting yes for the property tax increases were Aldermen Fruin, Hanson, Karen Schmidt, Bernie Anderson and Jennifer McDade. (The Pantagraph newspaper)

    Forum discusses fixing state budget  Nov 18, 2009
    That's largely due to the elimination of the state property tax, which has shifted to local government. The sales tax, already the state's dominant source of income, grew to 56 percent of total tax collections from 47 percent from 1980 to present. (AZCentral -- News)

    Commercial property crash will bring higher taxes  Nov 18, 2009
    About 80 percent of the annual Fulton County budget comes from property tax revenue, he said. Everybody realizes we are on the verge of a commercial value reduction, and it will hit the tax digest, Manning said. (Atlanta Business Chronicle, GA)

    City looks for tag money  Nov 18, 2009
    Now, this is an estimation based on the list we get from the county with real property tax information, said Osso. Board of Supervisors president Paul Watson Jr. said there was 101,500 in the car tag collection fund and that they would soon determine how much and when the city would receive its funds. (Greenville Delta Democrat Times, MS)

    City budget figures still unclear  Nov 18, 2009
    A property tax bill is made up of taxes going to cities, villages or towns, counties, local school districts, technical schools and the state forestry fund ... That means the owner of property assessed at 150,000 paid 3,063 in property taxes. (Chippewa Falls Chippewa Herald, WI)

    Fulton could cut 500 jobs  Nov 18, 2009
    There s no property tax increase proposed yet ... However, property tax hikes could emerge as an alternative as the board looks at the effects of 20 to 25 percent direct service cuts on various departments ... 5 percent decline in property tax collections based on residential values falling 10 percent and a 20 percent slide in commercial properties. (Atlanta Journal-Constitution -- Metro)

    OUR VIEW: For some, county pay raise looks good  Nov 18, 2009
    Because the county is under the Property Tax Extension Limitation Law, property tax revenue can only increase by last year s rate of inflation, which was 1/10th of 1 percent ... When property taxes are expected to increase 1/10th of a percent and sales tax revenue is expected to be less than the current year, difficult is an appropriate term. (Mattoon Journal-Gazette, IL)

    Board to discuss CMS color change proposal  Nov 18, 2009
    n Adopting the school district s annual property tax levy which district financial consultant David Kuetemeyer said will likely result in a 177,000 revenue increase next year. Contact Dave Fopay at or 238-6858. (Mattoon Journal-Gazette, IL)

    Jackson schools' deficit attracts state scrutiny  Nov 18, 2009
    To comply with state law, the school district will have to file monthly financial reports to the state for at least one year or until it ends a fiscal year with a reserve fund equal to 10 percent of one year's property tax collection, said Jeff Sanchez, assistant superintendent of finance and information services for the Jackson County School District. "What it means is, we have to be careful with cash flow," Sanchez said. (Athens Banner-Herald)

    Immigration proposals go to Cabinet  Nov 18, 2009
    WAYLAND Voters approve funds for new high school Voters in Wayland approved a property tax override ballot question yesterday that may lead to the construction of a $71 million high school. Wayland voters approved the town s share of the project, $45. (Boston Globe)

    Mayor: Cut services or figure out funding  Nov 18, 2009
    The circuit breaker property tax caps have left local government in dire financial circumstances which are only going to get worse, according to a consultant hired by the county and cities. Not only does the circuit breaker reduce the amount of property tax money collected to pay for services, the poor economy is lowering the percentage of money actually owed that is being paid ... The state government has put this option in place for county governments as a method of shifting the funding burden... (Hartford City News-Times, IN)

    Quorum court OKs raises  Nov 18, 2009
    Published: Tuesday, November 17, 2009 12:22 PM CST Employees of Greene County will see 3 percent more in their paychecks next year, but only Marmaduke residents will see their property tax increase ... Property tax throughout Greene County remains unchanged in 2010, except for the city of Marmaduke, which increased its millage rates from two mills to three mills. (Paragould Daily Press, AR)

    Town Meeting says yes to liquor & taxes  Nov 18, 2009
    Barrett said his company has previously moved out of a Connecticut town because the property tax went up there. He said in addition to this new tax, the assessment of the hotel s Arlington property has recently risen and the hotel had to lay people off last December. (Arlington Advocate, MA)

    China Faces Dangers of Asset Bubbles as Economy Expands, PBOC Adviser Says  Nov 18, 2009
    Chinas southern city of Shenzhen is a pioneer by introducing a property tax, Fan said. The average sale price of Shenzhen homes exceeded 20,000 yuan ($2,930) a square meter in September, a record high, Huang Yu, executive vice rector at China Index Academy, said at the same conference today. (Bloomberg -- Asia)

    California Focus:'Tis the season to say no (to most initiatives)  Nov 18, 2009
    That's why many fear a convention might eliminate the Proposition 13 property tax limits. Others worry about an end to the Proposition 98 requirements for funding public schools. (Hanford Sentinal, CA)

    Archives: Property Tax

    Back to Law News

[ Terms Of Use | Privacy | About ]
©1998-2009 SurfWax, Inc.
All rights reserved. Patents pending.



Copyright SurfWax, Inc. 2009