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bill that would eliminate property taxes may be considered in the
Pennsylvania state Senate soon, Senate President Pro Tempore Joe
Scarnati told the Associated Press.
The legislation, called the Taxpayer Relief Act, would completely
eliminate $14 billion in school property taxes. The revenue would be
replaced with higher state sales and income taxes.
IAAO NEWS AND INFORMATION CAN BE FOUND ON THE IAAO BLOG.
The Commercial Appeal
County Mayor Mark Luttrell indicated that neither he nor the EDGE board
should engage in a tax issue that is delaying and threatening Ikea's
plans to build one of its popular modern-furniture stores in Memphis.
"It is a process where we have to be very careful we don't interfere in
the established procedures by law," Luttrell said.
Medical Center’s agreement to pay property taxes in the wake of a court
ruling that some aspects of its operations are for-profit is
reverberating throughout the Garden State, as towns ponder collecting
taxes from their own local hospitals.
Meanwhile, other New Jersey hospitals — as well as some elected
officials — are already working to head off efforts to apply the
Morristown tax decision statewide.
The state Department of Revenue approved a city tax rate of $16.79
per $1,000 of valuation for fiscal year 2016, according to City Manager
Bohenko estimated in June when the City Council voted to approve the
$101 million 2016 fiscal year city budget that the tax rate would be
$18.48 per $1,000 of property valuation. But the tax rate came in $1.70
less because of the recently completed city-wide revaluation, which
raised the value of most properties in the city.
the 70s till date, about eighty percent of annual revenue of the three
tiers of government is derivable on proceeds made from the sale of crude
and other petroleum products.
With the dwindling price of oil in the international market, the federal
government is urgently seeking for alternative means of revenue
generation which can be sourced from the extractive industry, tourism as
well as taxation.
The Seattle Times
you’re a homebuyer, seller or looking to refinance, you probably know
the crucial importance of appraisals: They can limit the amount of
mortgage money you’re allowed to borrow, delay your closing or even
totally mess up what you thought was a done deal.
According to survey research provided by the National Association of
Realtors, more than one out of five home real-estate contracts gets
delayed before closing because of disagreements or problems connected
with the appraisal.
that there are many complex factors that influence homelessness,
including access to affordable housing and supportable income, if a
disabled veteran already owns a home or can afford to buy a home, the
need for legislative change to provide more property tax assistance is
ever apparent. percent reside in suburban or rural areas.
new president of the Union of Nova Scotia Municipalities says the cap
on property tax assessments has created inequality around the province
and needs to be addressed.
Claire Detheridge, a long-serving member of Cape Breton Regional
Council, was named president of the municipal advocacy group recently.
The original intent of the cap was to protect older properties in
desirable areas, such as those with water frontage, from spikes in
assessments caused by a high sale price, new construction or renovation
National Mortgage Professional
Appraisal Institute member specializing in the valuation of green homes
has produced a study released by the U.S. Department of Energy’s
Lawrence Berkeley National Laboratory that found homes with host-owned
solar photovoltaic (PV) energy systems are sold at a premium compared to
homes without PV systems.
Press of Atlantic City
bills that some lawmakers say will stabilize Atlantic City’s chaotic
finances will become law if Gov. Chris Christie doesn’t intervene.
Among them is a controversial plan to allow casinos to make fixed annual
payments instead of highly variable property-tax payments.
Proponents say that bill will fix an Atlantic City property-tax system
beset by instability.
Pagosa Daily Post
City Market Shopping Center (also known as the Country Center) lost a
valued anchor tenant this past year: the ALCO store. What readers might
not know is that many of the commercial spaces in the shopping center —
including the now-vacant ALCO space — are owned, not by City Market, but
by a company named 4M LLC.
According to the information included in the BOCC’s packet for the
regular meeting, the ALCO store had been responsible for paying their
own property taxes, even though the company did not own the property.
By Candice Gottlieb-Clark
Brian was a proud leader. He had driven his organization forward with
growth and innovation and developed a team of high-performing
individuals. Yet as Brian exuberantly pushed toward greater investor
returns and new opportunities, he simultaneously generated friction
among his team. Unbeknownst to Brian, the team felt restrained, held
back and at times disengaged. Why didn't Brian know? Brian was a naked
7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063