#bond-and-parcel-tax

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#new-york-city
NYC politics
fromUnHerd
13 hours ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
fromNew York Daily News
4 days ago
New York City

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
NYC politics
fromUnHerd
13 hours ago

Zohran Mamdani is pushing New York towards fiscal disaster

New York City's finances are severely strained, with spending outpacing revenue growth, leading to potential credit downgrades.
New York City
fromwww.amny.com
3 days ago

Op-ed | A responsible path forward for New York City's budget | amNewYork

New York City's budget process is a complex negotiation that impacts community investment and addresses fiscal challenges.
New York City
fromNew York Daily News
4 days ago

NYC Council budget plan averts Mamdani property tax hike, avoids tapping reserves

The City Council plans to close New York's budget gap without tax hikes or using reserves, proposing alternative funding sources instead.
NYC politics
fromwww.amny.com
1 week ago

Op-Ed | Revenue from Albany a common sense solution for working New Yorkers | amNewYork

New York City faces a $5.4 billion budget gap due to underbudgeting and state revenue raids.
Retirement
fromIndependent
1 day ago

State took 70m from estates of dead people after detecting overpayments

Welfare officials reclaimed nearly €70m from deceased individuals' estates due to overpayments.
NYC real estate
fromtherealdeal.com
2 days ago

The Daily Dirt: One man's quest for a STAR rebate

The STAR property tax rebate application was denied due to an income error, which took months to resolve despite a quick fix being possible.
fromPadailypost
2 days ago

Caltrain to close stations if transit tax doesn't pass

"Caltrain and BART would very likely be looking at shutting down passenger service," Deputy Director of Policy Development Melissa Jones said. "In that case, the agencies would be focused on maintenance, trying to secure our assets, keep everything safe while we regroup for the future."
San Francisco
California
fromPadailypost
3 days ago

Group wants to put town's use of parking lots on the ballot

Residents of Los Altos seek a ballot initiative to protect downtown parking plazas from changes without public voting.
UK politics
fromwww.independent.co.uk
2 days ago

Mansion tax could hit 165,000 homes in first year, Budget watchdog predicts

The Independent provides accessible journalism on critical issues like reproductive rights and climate change, supported by donations to maintain reporting integrity.
#san-francisco
from48 hills
4 days ago
SF politics

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

SF politics
from48 hills
4 days ago

SF budget picture improves as mayor tries to cut the tax that is part of the recovery - 48 hills

San Francisco's financial outlook is improving, driven by increased tax revenues, particularly from high-end real estate transactions.
California
fromABC7 San Francisco
4 days ago

SF property owner fined $50K for 'illegally pruning trees' cited by insurer: 'Feels like bullying'

Homeowner fined $50,000 for illegally trimming trees not on his property in San Francisco.
San Francisco
fromMission Local
5 days ago

S.F. on track to shrink deficit by $300M, city controller says

San Francisco's projected budget deficit has decreased from $936 million to $643 million, but significant cuts and challenges remain ahead.
East Bay (California)
fromThe Oaklandside
3 days ago

Oakland made a big financial mistake failing to collect business taxes, audit finds

Oakland failed to collect owed business taxes, exacerbating financial crises and limiting revenue needed for essential services.
LA real estate
fromwww.housingwire.com
3 days ago

What Washington state agents are seeing with new 'millionaires tax'

High-net-worth clients are adapting to new tax implications, with some accelerating plans to relocate due to financial considerations.
Boston
fromBoston.com
4 days ago

Boston faces budget deficit of nearly $50 million

Boston faces a $48.4 million budget deficit due to external cost pressures, prompting spending freezes and hiring delays.
from24/7 Wall St.
4 days ago

The US Government Could End The Federal Gas Tax

The tax provides more than $23 billion per year in revenue for federal highway and public transit programs. The federal gas tax has been in place, in one way or another, since 1919 and was last raised in 1993.
Alternative transportation
Barcelona
fromEuro Weekly News
4 days ago

Barcelona tourist tax hike goes into effect

Barcelona has sharply increased tourist taxes to combat overtourism and housing issues, with rates rising until 2027.
Boston real estate
fromBoston.com
4 days ago

Amid slowdown, developers set to sell part of dormant Dorchester megaproject

Developers are scaling back plans for Dorchester Bay City and putting a significant portion of the site up for sale due to market challenges.
SF real estate
fromFortune
1 week ago

The ROAD Act passed by the Senate aims to expand America's housing supply. It's likely to shrink it instead | Fortune

The 21st Century ROAD to Housing Act aims to limit single-family home rentals to address the housing shortage.
#tourist-tax
NYC real estate
fromtherealdeal.com
3 days ago

Help for rent-stabilized landlords appears unlikely as Mamdani's board kicks off

Data on rent increases in New York reveals conflicting interpretations between tenant advocates and landlord groups regarding financial realities.
UK politics
fromIndependent
4 days ago

New derelict property tax will affect up to 19,000 sites in bid to boost housing supply

Revenue will collect a new 7% tax on up to 19,000 derelict properties to boost housing supply.
NYC politics
fromtherealdeal.com
5 days ago

Mamdani crackdown targets condo and co-op tax cheats

Residency requirements for voting in New York are ambiguous, impacting co-op and condo owners amid new tax abatement documentation rules.
SF politics
fromwww.theguardian.com
5 days ago

Washington state's historic' millionaire tax takes aim at super-rich will it succeed?

Noel Frame has faced significant challenges in raising taxes on the ultra-wealthy in Washington despite the state's need for increased revenue.
#measure-ula
LA real estate
fromtherealdeal.com
1 week ago

Measure ULA committee weighs mansion tax best practices, pros and cons

The Measure ULA ad hoc committee is evaluating the mansion tax's impact and potential amendments before its dissolution on April 30.
LA real estate
fromtherealdeal.com
1 week ago

Measure ULA committee weighs mansion tax best practices, pros and cons

The Measure ULA ad hoc committee is evaluating the mansion tax's impact and potential amendments before its dissolution on April 30.
NYC real estate
fromCity Limits
3 days ago

Opinion: Expanding the J-51 Tax Incentive is Key Co-ops Staying Affordable-And Becoming Sustainable

Expanded J-51 proposal can help co-ops afford energy upgrades and maintain affordability for residents.
fromFast Company
2 weeks ago

If you want housing abundance, let the market work

Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Philosophy
Real estate
fromIrish Independent
1 week ago

Thousands who have yet to pay property tax warned money will be taken from wages

170,000 homes have not filed local property tax returns, prompting Revenue to initiate a non-compliance campaign.
#housing-policy
SF politics
from48 hills
1 week ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
Real estate
fromwww.housingwire.com
3 weeks ago

ROAD to Housing Act sparks debate over investor limits, inventory

The Senate approved a bipartisan housing bill that includes provisions to shift corporate-owned properties to individual homeowners through rent-to-own requirements, though critics argue it does not increase overall housing supply.
SF politics
from48 hills
1 week ago

The false narrative about SF's real-estate tax measure starts to emerge - 48 hills

ConnectedSF supports repealing Prop. I, claiming it stalls housing projects, but financing issues and market conditions are the real barriers to development.
Real estate
fromwww.housingwire.com
3 weeks ago

ROAD to Housing Act sparks debate over investor limits, inventory

The Senate approved a bipartisan housing bill that includes provisions to shift corporate-owned properties to individual homeowners through rent-to-own requirements, though critics argue it does not increase overall housing supply.
Boston
fromBoston.com
2 weeks ago

Would a Massachusetts income tax cut actually help you? Here's what to know.

A proposed ballot measure would reduce Massachusetts income tax from 5% to 4%, saving the median household $1,250 annually but costing the state approximately $5.1 billion in revenue.
Real estate
fromwww.housingwire.com
2 weeks ago

Housing muni market swells amid affordability policy debate

Municipal bonds have become a critical financing tool for affordable housing, growing 198% since 2016 and now representing 7% of the $4.4 trillion municipal bond market.
fromwww.housingwire.com
2 weeks ago

How Public Financing Wins Projects Before You Build

Through Community Facilities Districts (CFD), Municipal Utility Districts (MUD), Public Improvement Districts (PID), Community Development Districts (CDD) and reimbursement districts (RD), builders can potentially shift infrastructure costs off their balance sheets and onto special districts that homebuyers ultimately absorb through property taxes without potentially adding debt to the builder's books.
LA real estate
California
fromStreetsblog
2 weeks ago

Citizen Initiative Would Raise Sacramento Sales Tax to Fund Safer Streets and Transit - Streetsblog California

Sacramento residents propose a half-cent sales tax to generate $70-75 million annually for street repairs, traffic safety, and expanded transit service.
NYC real estate
fromtherealdeal.com
2 weeks ago

The Daily Dirt: Transfer tax debates on the rise

New York Democrats proposed increasing transfer taxes on residential properties valued at $5 million or more, with rates ranging from 3.675% to 5.325%, while existing rates below $5 million remain unchanged.
East Bay (California)
fromThe Oaklandside
3 weeks ago

Voters will decide on a new Oakland parcel tax in June

Oakland voters will decide on a $192 annual parcel tax in June 2025 that would generate $34 million annually to fund city services, with city unions leading the campaign effort.
New York City
fromwww.amny.com
2 weeks ago

Editorial | NYC spends too much money. It's time to get things under control. | amNewYork

New York City faces a $7.3 billion budget deficit over two fiscal years due to chronic overspending relative to revenue, with structural imbalances threatening municipal bond ratings.
NYC real estate
fromThe Daily Upside
2 weeks ago

How Advisors Are Finding Opportunities in Private Real Estate Right Now

Commercial real estate values remain 17% below 2022 peaks due to pandemic office vacancies and interest rate increases, presenting potential buying opportunities despite sector skepticism and illiquidity concerns.
SF politics
from48 hills
3 weeks ago

Lurie plan uses regressive taxes to 'save' Muni, in the short term - 48 hills

Mayor Lurie launched a parcel tax campaign to generate $150-200 million annually for Muni, preventing service cuts and addressing a $300 million budget deficit.
NYC politics
fromtherealdeal.com
3 weeks ago

The Daily Dirt: Applying tax the rich to rent stabilization

An income-tax surcharge on high-earning rent-stabilized tenants could generate revenue while incentivizing them to move to better housing, freeing apartments for those with greater need.
NYC real estate
fromtherealdeal.com
3 weeks ago

Tax liens and the curious case of Fillmore Brown

New York City's tax lien sale system, flawed since 1996, is finally undergoing reform with a six-month suspension to review the process and potentially replace private investor foreclosures with a land trust model.
NYC politics
fromHoodline
3 weeks ago

NYC Council Pushes Ahead With Pay Raise Plan

New York City Council is advancing a pay increase package for elected officials during a budget crisis, bypassing the standard quadrennial commission review process.
California
fromwww.mercurynews.com
4 weeks ago

Walters: Los Angeles and Bay Area voters to decide whether to hike already high sales taxes

California voters face unprecedented sales tax increases in 2024, with Los Angeles and Bay Area counties seeking to raise rates to historic levels to fund healthcare and transit services.
#nyc-budget
New York City
fromNew York City, NY Patch
3 weeks ago

$1.7B In Found Funds Could Shake Up NYC Budget

New York City Council identified $1.7 billion in potential savings and revenue for fiscal year 2026, offering alternatives to using the Rainy Day Fund to address the budget gap.
Real estate
fromwww.housingwire.com
1 month ago

Property tax, insurance accounts for 21% of mortgage payments

Taxes and insurance can comprise over one-third of monthly mortgage payments in many markets, significantly impacting affordability beyond the base loan cost.
#property-tax-reform
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
SF politics
fromFortune
1 month ago

Nationwide voter revolt over property taxes collides with reality that every other revenue source has been slashed already | Fortune

Multiple states are pursuing property tax cuts during election years, facing resistance over impacts on local government and school funding, reminiscent of California's 1978 Proposition 13.
California
fromThe Mercury News
1 month ago

Contra Costa County tax measure goes to the voters

Contra Costa County supervisors approved a 0.625% sales tax measure for the June ballot to raise $150 million annually, citing health system funding threats from federal cuts, despite criticism over overstated budget deficit claims in campaign messaging.
#property-tax
New York Rangers
fromNew York Post
1 month ago

Exclusive | Mamdani's property tax threat could end up hurting him with own base: poll

Mayor Zohran Mamdani's plan to raise property taxes nearly 10% risks alienating his base that prioritizes higher taxes on the wealthy and corporations.
Real estate
fromwww.housingwire.com
1 month ago

Here's what will actually move the needle on housing affordability

Housing affordability requires land-use reform and builders must shift focus to market segments where they can control outcomes, as traditional solutions like lower rates, off-site construction, subsidies, and value engineering are individually insufficient.
New York City
fromtherealdeal.com
1 month ago

The Daily Dirt: Mamdani shows signs of weakness

Mayor Mamdani faces political challenges from a property tax proposal and an expensive affordable housing plan in Sunnyside that alienated local Queens leaders.
#parcel-tax
UK news
fromTime Out London
1 month ago

Council tax is going up in 33 London boroughs in April 2026 - here's by how much in each borough

Nearly all London boroughs will raise council tax up to 4.99% in 2026-27, adding nearly £100 annually to the average Band D bill.
SF politics
from48 hills
1 month ago

And now, another big tax cut for the developers and speculators in SF - 48 hills

San Francisco's proposed transfer tax cut on high-end property sales would reduce affordable housing funding without addressing the actual barrier to housing construction: economic feasibility of building itself.
Canada news
fromwww.cbc.ca
2 months ago

Toronto proposing 2.2% tax increase in 2026 budget | CBC News

Toronto proposes a 2.2% property tax increase for 2026, split into 0.7% residential and 1.5% city building levy.
Miscellaneous
fromIrish Independent
2 months ago

Revenue raises less than 50m in opening year of land-hoarding tax

Revenue completed 291,600 audits with 204 convictions; RZLT raised €49.2m amid low filings, deferrals, exemptions and enforcement measures.
fromPortland Mercury
2 months ago

Portland Housing Bureau Finds Millions More in Unspent Funds

The Portland Housing Bureau has found additional unspent dollars in its coffers, adding to the previous $21 million it found through an audit last year. It is unclear exactly how much money is in the fund, but Council President Jamie Dunphy called councilors over the weekend to tell them they would soon learn of the specifics of what was found in the Housing Investment Fund. He told the Mercury February 2 that he did not yet know how much total funding was available.
Portland
Philosophy
fromFast Company
1 month ago

Are you morally obligated to pay taxes?

Obeying laws and paying taxes is morally justified by civic duty, tacit consent, prevention of social harm, and benefits received from legal order.
#fiscal-emergency
#council-tax
US politics
fromPortland Mercury
2 months ago

Councilors Want City to Move Faster on Enforcement of New Detention Center Fee

Portland councilors demand swift enforcement of a new code banning chemical emissions from detention facilities and investigations into tear gas deployments at the ICE site.
fromwww.bbc.com
1 month ago

County council facing 'effective bankruptcy'

"If we don't get what we need [in terms of extra government help] then a Section 114 Notice will come in, which is effective bankruptcy. We'd then get administrators come in, in effect - they'd then make a plan for where the money gets spent in Worcestershire. It would be a catastrophe. We're going to have to halt projects that were put into the budget by the previous administration, things that maybe were 'nice to have', but we can't afford them."
UK politics
fromwww.mercurynews.com
1 month ago

San Jose City Council agrees to place hotel tax increase on the June ballot

San Jose city leaders are moving ahead with a June ballot measure to raise hotel taxes, seeking to generate millions of dollars for critical services amid budgetary woes. With the city already forced to cut previously approved services and institute a hiring freeze to rebalance this year's budget, next year promises to be even more challenging, as San Jose faces an estimated potential shortfall of $55 million to $65 million, due in part to the sluggish economy and stagnating revenue.
US politics
Real estate
fromwww.housingwire.com
1 month ago

Property tax burdens vary widely as states debate senior relief

State property tax effective rates vary widely, with Hawaii at 0.27% and New Jersey at 2.11%, producing large differences in annual homeowner bills.
California
fromPadailypost
2 months ago

County wins health care tax, buys office building

Santa Clara County is purchasing a medical office building and funding the acquisition plus seismic upgrades with 30-year tax-exempt bonds.
Real estate
fromStreetsblog
2 months ago

A Few Legal Tweaks Could Unlock A Mother Lode of Housing Near Transit - Streetsblog USA

The Build HUBS Act would enable communities to use TIFIA and RRIF funds to finance transit-oriented housing near transit, potentially unlocking up to 100,000 units.
California
fromPadailypost
1 month ago

Poll shows a Cubberley tax would fail at the polls

Palo Alto plans a two-theater, 40,000-square-foot performing arts center at Cubberley, but current polling shows insufficient voter support for parcel or sales tax funding.
California
fromPadailypost
1 month ago

Opinion: State trying to tax residents who moved; Cubberley tax is dead; school unions demand far more than inflation rate

California tax authorities are pursuing former residents for residency proof, while Palo Alto tax proposals face likely voter rejection amid growing local tax fatigue.
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