#property-tax

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#city-services

Chow to release proposed 2025 Toronto budget | CBC News

Toronto's 2024 budget is under pressure, with a potential property tax increase anticipated to address a $1.2 billion opening gap.

Toronto is budgeting $300M for new union agreements. That's nearly the revenue from proposed tax hike | CBC News

New labor contracts in Toronto could significantly impact taxpayers, nearly matching revenues from a proposed property tax hike.

Chow to release proposed 2025 Toronto budget | CBC News

Toronto's 2024 budget is under pressure, with a potential property tax increase anticipated to address a $1.2 billion opening gap.

Toronto is budgeting $300M for new union agreements. That's nearly the revenue from proposed tax hike | CBC News

New labor contracts in Toronto could significantly impact taxpayers, nearly matching revenues from a proposed property tax hike.
morecity-services
#montana

How luxury real estate benefits from Montana's agricultural tax code - High Country News

Montana's property tax system is complex, raising fairness issues, particularly regarding tax breaks for agricultural lands potentially benefiting luxury home owners.

Montana's ag tax slashes bills for thousands of million-dollar homes - High Country News

Montana's tax code creates significant disparities in property taxes based on classification, impacting neighboring high-value homes differently.

How luxury real estate benefits from Montana's agricultural tax code - High Country News

Montana's property tax system is complex, raising fairness issues, particularly regarding tax breaks for agricultural lands potentially benefiting luxury home owners.

Montana's ag tax slashes bills for thousands of million-dollar homes - High Country News

Montana's tax code creates significant disparities in property taxes based on classification, impacting neighboring high-value homes differently.
moremontana
#real-estate

Spain is planning a radical fix for its housing crisis: A 100% tax on non-EU buyers

Spain is implementing a 100% tax on foreign homebuyers to combat the rising housing crisis, as many invest rather than live in homes.

Town and Country eyes new revenue

Town and Country imposes its first property tax since 1997 to address budget shortfalls and changing economic conditions.
Online shopping and shifts in business trends have necessitated local tax adjustments in affluent suburban areas.

Spain is planning a radical fix for its housing crisis: A 100% tax on non-EU buyers

Spain is implementing a 100% tax on foreign homebuyers to combat the rising housing crisis, as many invest rather than live in homes.

Town and Country eyes new revenue

Town and Country imposes its first property tax since 1997 to address budget shortfalls and changing economic conditions.
Online shopping and shifts in business trends have necessitated local tax adjustments in affluent suburban areas.
morereal-estate
#boston

Wu's tax proposal 'dead' after collapse in Senate

Boston Mayor Michelle Wu's property tax shift proposal to relieve homeowners died in the Senate due to lack of support.

Wu files new homeowner tax relief proposal, now with potential rebates

Boston Mayor Michelle Wu's new tax relief proposal aims to alleviate residential property tax spikes after previous legislation stalled in the State House.

City councilor urges investigation into assessments that underpinned Wu's failed tax plan

Councilor Ed Flynn seeks investigation into potential inaccuracies in property assessment data that influenced crucial tax proposals.

Wu's tax proposal 'dead' after collapse in Senate

Boston Mayor Michelle Wu's property tax shift proposal to relieve homeowners died in the Senate due to lack of support.

Wu files new homeowner tax relief proposal, now with potential rebates

Boston Mayor Michelle Wu's new tax relief proposal aims to alleviate residential property tax spikes after previous legislation stalled in the State House.

City councilor urges investigation into assessments that underpinned Wu's failed tax plan

Councilor Ed Flynn seeks investigation into potential inaccuracies in property assessment data that influenced crucial tax proposals.
moreboston
#toronto

City of Toronto unveils 2025 budget | CBC

Toronto's budget reveal indicates potential further tax hikes as the city tackles ongoing financial issues.

ANALYSIS | Chow facing political, economic headwinds as 2025 budget approaches | CBC News

Mayor Chow is uncertain about the upcoming property tax increase amid challenging economic conditions, with insights indicating a tougher budget process ahead.

After a challenging 2024, here's what Toronto Mayor Chow has planned for 2025 | CBC News

Toronto residents may face another property tax hike in 2025 due to financial challenges and worker retention issues.

City of Toronto unveils 2025 budget | CBC

Toronto's budget reveal indicates potential further tax hikes as the city tackles ongoing financial issues.

ANALYSIS | Chow facing political, economic headwinds as 2025 budget approaches | CBC News

Mayor Chow is uncertain about the upcoming property tax increase amid challenging economic conditions, with insights indicating a tougher budget process ahead.

After a challenging 2024, here's what Toronto Mayor Chow has planned for 2025 | CBC News

Toronto residents may face another property tax hike in 2025 due to financial challenges and worker retention issues.
moretoronto
#california

Schools and City Governments Rely on Property Taxes. What Happens When Homeowners Revolt?

Proposition 13 reshaped California's property tax system, causing uneven taxation and impacting education funding.

Silver lining to winter storm damage in California: You can claim a property tax cut

Property owners in California who suffer at least $10,000 in damage to their property's current market value can apply for a reassessment and property tax cut.
The potential relief is available to owners of anything assessed for property tax purposes that was severely damaged, including business equipment, orchards, aircraft, and boats.

Schools and City Governments Rely on Property Taxes. What Happens When Homeowners Revolt?

Proposition 13 reshaped California's property tax system, causing uneven taxation and impacting education funding.

Silver lining to winter storm damage in California: You can claim a property tax cut

Property owners in California who suffer at least $10,000 in damage to their property's current market value can apply for a reassessment and property tax cut.
The potential relief is available to owners of anything assessed for property tax purposes that was severely damaged, including business equipment, orchards, aircraft, and boats.
morecalifornia

Thousands of homeowners facing higher local property tax bills this year as councils raise charges

Local authorities are increasing property taxes to fund community infrastructure projects.
Affected areas include Cork, Westmeath, Tipperary, and Galway.
from Boston.com
3 weeks ago

Nebraska man who lost his home over $588 debt is getting it back

Homeowners' equity is constitutionally protected, preventing municipalities from completely taking their properties over small tax debts.

Santa Clara County assessor faces first 2026 challenger - San Jose Spotlight

Larry Stone is open to retirement if a qualified candidate for assessor emerges.
#travis-county

Ballot measure asks taxpayers to help fund access to affordable child care - Austin Monitor

Travis County is proposing a property tax increase to improve access to child care for families facing financial hardships.

After a decline last year, Travis County homeowners should expect a return to rising property taxes - Austin Monitor

Austin-area homeowners can expect an average property tax increase of $1,123 this year—an 11% rise, the largest since 2014.

Ballot measure asks taxpayers to help fund access to affordable child care - Austin Monitor

Travis County is proposing a property tax increase to improve access to child care for families facing financial hardships.

After a decline last year, Travis County homeowners should expect a return to rising property taxes - Austin Monitor

Austin-area homeowners can expect an average property tax increase of $1,123 this year—an 11% rise, the largest since 2014.
moretravis-county

Haven partners with property tax service provider Ownwell

Haven partners with Ownwell to offer property tax monitoring, allowing homeowners to track and contest assessments easily.

Peel council tells police to lower 2025 budget request, says it's 'not sustainable' | CBC News

Peel Region council is urging police to cut a proposed $131.7 million budget increase to mitigate a potential 4.1% property tax hike.
#local-government

Council OKs raising property tax, adding funds for homeless services in new $5.9 billion budget - Austin Monitor

Austin homeowners face a property tax increase of $188.02 annually due to rising operational costs and state law limitations.

Prop. 33 could mean millions less for schools, emergency services, county officials warn

Proposition 33 could significantly decrease local property tax revenues, affecting funding for schools and emergency services if approved.

Town and Country charged no property tax for decades. Times have changed.

Town and Country is implementing a municipal property tax for the first time since 1997 to address a budget shortfall.

Council OKs raising property tax, adding funds for homeless services in new $5.9 billion budget - Austin Monitor

Austin homeowners face a property tax increase of $188.02 annually due to rising operational costs and state law limitations.

Prop. 33 could mean millions less for schools, emergency services, county officials warn

Proposition 33 could significantly decrease local property tax revenues, affecting funding for schools and emergency services if approved.

Town and Country charged no property tax for decades. Times have changed.

Town and Country is implementing a municipal property tax for the first time since 1997 to address a budget shortfall.
morelocal-government

Westside houses account for nearly half of LA's mansion tax sales

Measure ULA has fallen significantly short of its revenue projections, raising under half of the anticipated funds.
The tax disproportionately impacts affluent West L.A. neighborhoods, where the majority of sales occur.

Thousands to receive property tax warning letters from Revenue in coming days

New property tax payers must notify Revenue of payment intentions for the 2025 Local Property Tax by specific deadlines.

Editorial: Voters should approve these three school parcel taxes

Voters should evaluate property tax measures carefully based on cost, duration, and existing tax structures to ensure informed decisions about school funding.
#mayor-michelle-wu

City Council approves Wu's revised property tax proposal

The plan aims to mitigate a potential 28% residential tax increase by adjusting commercial tax rates.

Boston City Council sides with Mayor Wu, approves property tax proposal

Mayor Michelle Wu proposed to increase commercial property tax temporarily to assist residential property owners, facing opposition from the business community, pending state lawmakers' approval.

City Council approves Wu's revised property tax proposal

The plan aims to mitigate a potential 28% residential tax increase by adjusting commercial tax rates.

Boston City Council sides with Mayor Wu, approves property tax proposal

Mayor Michelle Wu proposed to increase commercial property tax temporarily to assist residential property owners, facing opposition from the business community, pending state lawmakers' approval.
moremayor-michelle-wu
#pubs

Owner of popular Camden pub warns independents in danger from taxes and red tape

Independent pubs are struggling with upcoming property tax hikes, rising costs, and regulatory challenges.

50 pubs a month 'vanished' during the first six months of the year - London Business News | Londonlovesbusiness.com

Over 50 pubs a month are closing in England and Wales, totaling 472 closures in a year.
Upcoming property tax increases are poised to further threaten the viability of existing pubs.

Owner of popular Camden pub warns independents in danger from taxes and red tape

Independent pubs are struggling with upcoming property tax hikes, rising costs, and regulatory challenges.

50 pubs a month 'vanished' during the first six months of the year - London Business News | Londonlovesbusiness.com

Over 50 pubs a month are closing in England and Wales, totaling 472 closures in a year.
Upcoming property tax increases are poised to further threaten the viability of existing pubs.
morepubs

Wu rejects potential alternatives to property tax proposal

Mayor Wu aims to reduce rising residential taxes by increasing commercial property tax rates.
#taxation

Labour's Autumn Budget exodus: It's not just millionaires leaving the UK - London Business News | Londonlovesbusiness.com

The exodus of millionaires from the UK is driven by proposed Labour tax increases, posing risks to the economy.

Premium Content: How do 9 states get by with no income tax? A tax expert explains the trade-offs they choose

Texas is a low-tax state without income tax, but residents pay high property taxes. States have the power to tax residents based on their laws and protections.

Labour's Autumn Budget exodus: It's not just millionaires leaving the UK - London Business News | Londonlovesbusiness.com

The exodus of millionaires from the UK is driven by proposed Labour tax increases, posing risks to the economy.

Premium Content: How do 9 states get by with no income tax? A tax expert explains the trade-offs they choose

Texas is a low-tax state without income tax, but residents pay high property taxes. States have the power to tax residents based on their laws and protections.
moretaxation

US counties still stealing homes despite Supreme Court ruling

Property tax laws allow municipalities to seize homes over unpaid taxes, resulting in unjust losses for homeowners and financial windfalls for towns.

Fine Gael faces anger in south Dublin over its 'populist' mansion tax

The newly implemented 6% stamp duty rate has sparked backlash from Fine Gael councillors, as wealthy constituents feel already taxed fairly.

Class action lawsuit targets Austin taxes over Project Connect - Austin Monitor

A lawsuit is seeking to halt property tax collection for Austin's transit expansion due to alleged miscalculations and project scope reductions.
#public-services

9 states get by without income tax. A tax expert explains how

Some states like Texas do not have income tax but have other taxes like property tax to fund public services.

Santa Clara County property value growth is slow - San Jose Spotlight

The assessed property value in Santa Clara County has increased but at a slow rate, impacting revenue for essential public services like education.

9 states get by without income tax. A tax expert explains how

Some states like Texas do not have income tax but have other taxes like property tax to fund public services.

Santa Clara County property value growth is slow - San Jose Spotlight

The assessed property value in Santa Clara County has increased but at a slow rate, impacting revenue for essential public services like education.
morepublic-services

TipSheet: Austin City Council, 5.30.24 - Austin Monitor

Council meeting agenda highlights key issues: potential charter amendments, property tax exemption, South Central Waterfront development, new public speaking rules, mobile court program, HOME amendments

Chicago voters reject 'mansion tax' to fund homeless services during Illinois primary

Chicago voters rejected a real estate tax for homeless services over $1 million properties.
Supporters estimated the tax would generate $100 million annually for homeless services.

Chicago Bears, schools are $100M apart on tax value of former Arlington Park, complicating stadium proposal

The Chicago Bears and local schools are $100 million apart on the property tax valuations of the former Arlington International Racecourse, complicating the team's plan to build a stadium.
The Bears appraised the property at $60 million to $72 million by categorizing it as vacant residential land, while the school district classified it as commercial land, valuing it at $197 million.
The Bears demolished the racetrack to lower the value of the site, but the Cook County Assessor significantly increased the value of the land.
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