#property-tax-revenue

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Real estate
fromwww.bostonglobe.com
1 week ago

For the second year running, Boston's commercial buildings are worth less than the year before

Commercial property values in Boston fell for a second consecutive year, threatening property-tax revenue that funds nearly three-quarters of the city's $4.8 billion budget.
Education
fromPadailypost
1 week ago

School district preparing to cut jobs

Mountain View Whisman will cut over 18 full-time central-office positions to save $9 million due to declining property tax revenue and lower assessed-value growth.
fromSan Jose Spotlight
3 weeks ago

Stone: What exactly does the Santa Clara County assessor do? - San Jose Spotlight

Unlike the sheriff or the district attorney, people often ask me: "What exactly does the assessor do?" My answer surprises them. "The assessor is not a political position." Their reaction is almost always the same: "But you get elected, don't you?" Yes, the law requires election, but after the ballots are counted, there is nothing political about managing the Assessor's Office. In fact, it would be unethical - or even illegal - for politics to influence the appraisal or assessment of property.
US politics
fromwww.mercurynews.com
3 months ago

San Jose hotel sells for less than prior value in weak lodging market

In a sign of ongoing weakness within the Bay Area hotel market, a San Jose hotel has been bought by a local real estate investment group for far less than the property's prior value. Sonesta Select San Jose Airport was purchased for $14 million, according to documents filed on Aug. 29 with the Santa Clara County Recorder's Office. A San Mateo-based group headed up by Jayesh Keshav, Leena Keshav, Neeraj Keshav, Jai Jalaram, and Krishna Keshav Patel bought the hotel through an affiliate,
Real estate
Real estate
fromwww.housingwire.com
4 months ago

Common pitfalls: Where mortgage servicers often stumble in the second half

Property tax collection peaks in Q4, challenging servicers with errors and increased costs due to localized assessment complexities.
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