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Property tax

Compromise on property tax clears important legislative hurdle and goes to the state Senate

The bipartisan bill at the center of this week’s special property tax session passed a tiebreaking House vote of 45-18 on Wednesday and was sent to the state Senate. But for many Democrats in the chamber, this compromise bill, which…

DC relaunches program for delinquent reverse mortgage taxes and insurance payments

The Housing Finance Agency of the District of Columbia (DCHFA) ​​​​announced on Wednesday that it has relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019 and expanded in 2020. Eligible senior homeowners living in…

District prepares for sales tax election

Allen County Commissioners will put a half-cent sales tax increase proposal before Allen County voters in November and will approve the measure at their meeting on Tuesday. Sales tax revenue would be used to fund Allen County Emergency Services. At…

Trussville property tax vote to take place Tuesday

BIRMINGHAM, Alabama (WBRC) – Voters in Trussville will go to the polls Tuesday to vote on whether or not to increase property taxes by a total of 12.9 percent. This increase equates to approximately $129 in additional taxes per year…

Supplemental property tax causes confusion in Flathead County

Kalispell resident David Maas said he pays his taxes in full every year, so the news that his property had been mortgaged for nonpayment was an unwelcome surprise. After receiving the notice in the mail, Maas went to the Flathead…

Abilene ISD school board approves tax rate and deficit budget

The Abilene ISD Board of Directors held a special meeting Monday to set the district’s tax rate and budget for the 2024-2025 fiscal year. Pursuant to the ordinance, the school board approved a tax rate of $0.9924 per $100 of…

LPS board moves closer to vote on proposed property tax increase

LINCOLN, Nebraska (KLKN) – The Lincoln Public Schools Board heard from citizens on Monday evening about the district’s proposed budget. LPS plans to increase its budget by more than $25 million for the 2024-25 school year. This would bring the…

City of Oswego approves first tax increase in 8 years after heated moment in public meeting

OSWEGO, NY — If you live in the City of Oswego, you will see your property taxes increase for the first time in eight years. On Monday, the Oswego City Council approved a $56 million budget that includes a 3.36…

How to make the big tax deal work

It’s supposed to be a great deal. Colorado lawmakers appear set to pass a relatively small property tax cut this week. In return, conservative supporters have agreed to cancel their own campaign for a much more drastic tax cut in…

Riverside allocates property tax funds for road repairs

Riverside is preparing to cover the costs of maintaining its roads and bridges itself. At the August 15 Town Council meeting, trustees approved a change to the town charter to ensure that a portion of tax revenue is used to…